The Deputy Director of the US Central Intelligence Agency (CIA), Michael Ellis, said the agency increasing Bitcoin as a tool in its operations. According to him, working with Bitcoin is a matter of national security.
In the market analyst and investor ShowEllis told Anthony Pompliano that the intelligence agency was working on law enforcement to observe Bitcoin and this was a place where data was collected for anti-intelligence activities. He said, “There is a huge potential for enforcement of the law and community of intelligence available.”
🚨 @CiaMichael Ellis calls Bitcoin a major national security + tool of intelligence.
🇺🇸 Crypto won't go anywhere – and the US has to stay in advance.
🌐 Big words from the world of intelligence.#Bitcoin #Crypto #Cia #Globaltechrace pic.twitter.com/8ynnr0hw7j
– Web 3 voice 🎙 | Decentralized Discussion (@VoiceofWeb3_) May 2, 2025
He said that like technology is a tool, Bitcoin and other cryptocurrencies are a toolbox tool. He said, “In that respect, Bitcoin is very similar to other types of advanced technologies and one that we should prioritize. “
Michael Ellis says Bitcoin helps keep track of what our opponents do
According to Ellis, Cryptocurrencies help monitor what US opponents do and, therefore, disrupt them.
Therefore, Ellis argues that the US should Make sure it is headed in these fields around the world and not a laggard. He said, “This is another area of competition where we need to make sure the United States is properly positioned against China and other opponents.”
Currently, BTC's global adoption exceeds 500 million users, with emerging markets such as India, Nigeria, and Argentina leading to adopting each capita. Countries like El SalvadorUAE, Switzerland, and Singapore are leading the way of pro-bitcoin policies, leadership support, and crypto change hubs.
The adoption of Bitcoin merchants is growing worldwide, along with US countries, EU, and crypto tourism hotspots. It shows that the countries take Bitcoin seriously. The US still has a number of leaders who want to have nothing to do with crypto, therefore causing some degree of inertia.
Also, Bitcoin supporters are unsure. The government has made a policy that government funds cannot be used to buy Bitcoin. That just shows that bitcoin has not been fully embraced.
Here is bitcoin to stay, says Ellis
The biggest challenge that BTC and other cryptocurrencies face is their criminal records. It brought fear and pushed investors. However, according to Ellis, criminals use many other materials that are not banned for that reason.
Unfortunately, countries banned crypto because of criminal activities. The other reason is that crypto is viewed like this is for those who hide something. Ellis said BTC and Crypto are not identifying.
He also said, “Here is bitcoin to stay, cryptocurrency is here to stay […]More and more institutions have adopted it and I think it's a great trend and one that you know that this administration is clearly leaning forward.
Ellis's words say that the BTC becomes older as a property. They also showed that governments and institutions are becoming more involved in Bitcoin and other cryptocurrencies.
Each region is trying to figure out blockchain technology and how to use it in the best way. For example, the EU is leading the unified crypto regulation by markets in crypto-assets (Mica). It figured out how to balance consumer protection with change support.
On the other hand, the UAE, Switzerland, El Salvador, Singapore, and US parts are promoting change with clear, crypto -friendly laws. China and India have created an atmosphere of heavy taxes. Some African countries are clamping down with restrictions or heavy taxation.
Meanwhile, the Crypto market jumped 3.85% with a trading volume of $ 79.5 billion, which returned to the market to a $ 3 trillion mark. In addition, the BTC price exceeds the $ 97K mark. Present trade at $ 97,053.
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