Hugh Thompson Addresses Bitcoin at Google Conference

Thanks to RSantana on the Bitcointalk forums for this one:

At the 6th Annual Google Test Automation Conference 2011 (GTAC 2011), security consultant Hugh Thompson, of People Security, addressed a question from the audience about Bitcoin. Follow the link below to jump to the relevant segment in the video:

Highlights:

"From a security perspective... we're going to need something like [Bitcoin] on a go-forward basis."

"In the not-too-distant-future, we're going to have a privacy armageddon incident... which is going to force a legislative change... that is going to be a scary period for all of us."

"At that point, people are going to be really freaked out that there's then, traceability, from what they've spent, to the merchant, and how it was used, and it's going to spawn the use of more disruptive payment technologies that can disassociate those things electronically, which I don't think we have a good mechanism for today."

"Yeah, I would use [Bitcoin]. There looks like to be some really strong... and difficult to decipher crypto behind it."

"I think it's such a great project, to see how it's evolving, and how it's disrupting the space."

Link to Video.

Posted in: anonymity,development