Yearly Archives: 2013

Bitcoin developer Jeff Garzik on altcoins, ASICs and bitcoin usability

"'It took the nations of the Eurozone ten years or so to deploy the Euro, and that was introducing an entirely new currency,' he says. 'We’re trying to do the same thing with bitcoin. We’re trying to roll out a currency from scratch. And as the experience with the Euro showed, it takes an incredible amount of time to change over POS systems and cash registers, to train end of line merchant workers with this new payment system.' Garzik believes that this is just the start. If his vision comes true, then maybe bitcoin could be as big as the Euro. Only, you know, without centralized banking and dysfunctional national economies gumming up the works." Continue reading →

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Federal Reserve studying effect of Paypal and Bitcoin on banking

"The U.S. is studying the potential risk from online payment mechanisms like PayPal and Bitcoin, a top US Federal Reserve official told an international conference on Monday. Some bankers have expressed worries that newer players in the online marketplace could have negative implications for the financial system. 'We have been talking… with banking organisations over the last year or two, trying more carefully to understand what the concerns are with these new payment mechanisms,' Federal Reserve Vice Chair Janet Yellen said. Some officials fear the virtual currency can be used by criminals or terrorists, or could be vulnerable to hackers." Continue reading →

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Feeding Stray Cats In Philly Town Could Leave You Responsible For Their Health

"A proposed law in a town along the Main Line could punish people who feed stray cats. The new law would dictate if you feed it, you own it. And if you own it, you’re responsible for its vaccinations, says the proposal here in Radnor Township. In introducing the changes to current law here earlier this week, president of Radnor Township’s Board of Commissioners, Elaine Schaeffer says it’s not a feeding ban, instead it’s designed to protect against rabies. 'It requires those who choose to feed feral cats with a very minimum modicum standard of care.' Violation of the ordinance could carry a $300 to $1,000 fine." Continue reading →

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San Francisco requires licensing, insurance for dog walkers

"A series of regulations went into effect earlier this month that will place new restrictions on San Francisco’s professional dog walkers. The new rules require dog walkers to obtain a city-issued permit, puts a limit on the number of dogs that can be walked at a time and requires dog walkers to have any vehicles used to transport dogs to be inspected, approved and carry $1 million in liability insurance." Continue reading →

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Govt wants all cars to track driver behavior, seatbelt usage and more

"Most people are unaware that newer vehicles already contain these event data recorders, which are a continuous feed of information, recorded by sensors. The National Highway Traffic Safety Administration estimates that 96 percent of 2013 model cars already house these black boxes. Private security expert Steve Rambam believes law enforcement agencies might seek to cut costs and save resources by monitoring driver data from discreet locations. Law enforcement could monitor people from the comfort of their office, sending tickets to the driver by mail. Old fashioned patrols could evolve into data police centers." Continue reading →

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Ecuador imposes ‘gag order’ on radio and TV stations

"Correa’s party Alianza Pais ruling party, which holds an absolute majority of 100 out of 137 seats in Congress, was easily able to pass the bill despite criticism that it will tighten the state’s control over the media. The law redistributes broadcast media frequencies and licenses, allotting 34 percent to community media and 33 percent to the public sector. The private sector, which currently controls 85.5 percent of radio frequencies and 71 percent of television frequencies, will be confined to the remaining 33 percent. Correa, a populist in the mold of the late Hugo Chavez of Venezuela, has long clashed with private media." Continue reading →

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NSA, the secret AT&T spy room, and 2 Israeli companies

"In James Bamford’s 2008 interview, he mentions two Israeli companies, Narus and Verint, that almost nobody knew about. They played a key role in developing and selling the technology that allowed NSA to deploy its PRISM spying program. It’s obvious that these two Israeli companies, Narus and Verint, working for NSA, have been able to divert duplicate mega-tons of data to Israeli intelligence. The government-corporate juggernaut moves ahead. Their rationale—catching terrorists—is, in great part, a cover story to obscure the fact that the State wants control over the lives of all citizens, as it ratchets up the very conditions that provoke rebellion." Continue reading →

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Internet Fascism and the Surveillance State

"This has been a common historical pattern in the rise of totalitarian States, which have often sought to incorporate large business concerns into their network of power. Indeed, the very notion of 'public-private partnerships' in this sector readily brings to mind the worst aspects of fascist economic systems that have historically existed. The actions of US companies that have cooperated in the NSA’s mass surveillance operations calls into question the 'private' status of these companies. In many ways these companies have acted as an extension of the US government, providing information illegally, in exchange for privileges and intelligence." Continue reading →

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White House gives Homeland Security control of all communication systems

"When President Obama inked his name to the executive order on July 6, he authorized Homeland Security to take control of the country’s wired and wireless communications — including the Internet — in instances of emergency. The signing was accompanied with little to no acknowledgment outside of the White House, but initial reports on the order quickly caused the public to speak out over what some equated to creating an Oval Office kill switch for the Web. Now the Obama administration is addressing those complaints by calling the Executive Order a necessary implement for America’s national security." Continue reading →

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Obama orders federal agencies to cede airwaves to private telecom providers

"US President Barack Obama moved Friday to free up more broadcast spectrum used by federal agencies to help meet the surging demand from smartphones and other mobile devices. A White House order calls for a federal team to evaluate ways for agencies to give up or share spectrum for mobile broadband operators. Mignon Clyburn, acting chair of the Federal Communications Commission, said the new effort 'will enable us to meet the challenge of unleashing spectrum for commercial use while also ensuring more efficient use of spectrum.'" Continue reading →

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