20976330 story BitCoin, the Most Dangerous Project Ever? 858 Posted by CmdrTaco on Monday May 16, 2011 @09:30AM from the beware-the-coin-man dept. Jamie found a followup to the bitcoin story we've been following awhile. The article talks about the untraceable, un-hackable nature of BitCoin. They can't be locked down like PayPal, and the article predicts that governments will start banning them in the next 18 months.