technology

Privacy services companies stand up against Big Brother

"Encryption communication services companies are gaining momentum as public trust in US technology companies and social media networks are at an all-time low following explosive revelations by Edward Snowden. 'It’s going crazy. You know a lot of people suspected the US government was spying on Americans. But now we have this confirmation so everybody is contacting us now. We’ve had a huge surge in orders,' said Phil Zimmermann, CEO of Silent Circle, encrypted communications firm. Another company that is bearing the fruits of the NSA’s misfortune is Seecrypt, a mobile application that encrypts information sent over the mobile phone." Continue reading →

Continue ReadingPrivacy services companies stand up against Big Brother

In-Person Bitcoin Exchanges Are Thriving

"Call it a sign of the times, but something is definitely changing as face-to-face purchases of bitcoin are booming worldwide. In addition to avoiding a sometimes cumbersome registration process with traditional exchangers, in-person bitcoin transactions allow you to meet interesting new people in your area – and discuss bitcoin. Many choices are available with varying degrees of identification required. For the casual traders seeking more privacy, I recommend in-person trading through LocalBitcoins.com, the leading person-to-person matching service for people in various locales to meet and conduct bitcoin business." Continue reading →

Continue ReadingIn-Person Bitcoin Exchanges Are Thriving

Steve Wozniak Laments Creating The Tools That Government Uses To Spy On Us

"When Morgan suggested the government would not be able to keep such a close eye on citizens without the work of innovators like him, Wozniak acknowledged: 'I actually feel a little guilty about that – but not totally. We created the computers to free the people up, give them instant communication anywhere in the world; any thought you had, you could share freely. That it was going to overcome a lot of the government restrictions. We didn't realise that in the digital world there were a lot of ways to use the digital technology to control us, to snoop on us, to make things possible that weren't.'" Continue reading →

Continue ReadingSteve Wozniak Laments Creating The Tools That Government Uses To Spy On Us

Businesses in Berlin open arms to digital currency Bitcoin

"Cassandra Wintgens ceremoniously affixed the blue sticker with the thick, yellow 'B' to the pane in the front door of her guesthouse-cum-cafe. 'Bitcoin accepted here,' it read. The establishment Lekkerurlaub Notaufnahme, which translates roughly as 'Yummy Holiday Emergency Admission,' thereby became the seventh business in the Graefe neighbourhood of the multicultural Berlin district of Kreuzberg, to accept the digital currency — whether for an overnight stay or a cup of coffee in the cafe. 'I think it’s exciting,' she remarked. 'We don’t need banks for Bitcoins. They just muck us about anyway and don’t do anything for small-scale businesspeople.'" Continue reading →

Continue ReadingBusinesses in Berlin open arms to digital currency Bitcoin

Web’s Reach Binds N.S.A. and Silicon Valley Leaders

"Although Silicon Valley has sold equipment to the N.S.A. and other intelligence agencies for a generation, the interests of the two began to converge in new ways in the last few years as advances in computer storage technology drastically reduced the costs of storing enormous amounts of data. The sums the N.S.A. spends in Silicon Valley are classified, as is the agency’s total budget, which independent analysts say is $8 billion to $10 billion a year. Current and former industry officials say the companies sometimes secretly put together teams of in-house experts to find ways to cooperate more completely with the N.S.A." Continue reading →

Continue ReadingWeb’s Reach Binds N.S.A. and Silicon Valley Leaders

Use of Tor and e-mail crypto could increase chances that NSA keeps your data

"Using online anonymity services such as Tor or sending encrypted e-mail and instant messages are grounds for US-based communications to be retained by the National Security Agency even when they're collected inadvertently, according to a secret government document published Thursday. The document, dated July 28, 2009, bears the signature of US Attorney General Eric Holder. It's hard to read the documents and not be struck by the irony that use of these services may subject people on US soil to a much higher likelihood that their communications will be retained by an agency that's supposed to focus on foreign targets." Continue reading →

Continue ReadingUse of Tor and e-mail crypto could increase chances that NSA keeps your data

New Details on Skype Eavesdropping; Program Started In 2009

"Reread that Skype denial from last July, knowing that at the time the company knew that they were giving the NSA access to customer communications. Notice how it is precisely worded to be technically accurate, yet leave the reader with the wrong conclusion. This is where we are with all the tech companies right now; we can't trust their denials, just as we can't trust the NSA -- or the FBI -- when it denies programs, capabilities, or practices. Back in January, we wondered whom Skype lets spy on their users. Now we know." Continue reading →

Continue ReadingNew Details on Skype Eavesdropping; Program Started In 2009

Federal Auditors, IRS Pan Tax Regulations For Bitcoins

"Federal auditors are recommending that the IRS not issue regulations for taxpayers on filing returns for the money earned through the exchange of virtual currencies. The tax agency has neither the money nor the time to craft compliance rules for the emerging market, according to a new report from the Government Accountability Office. GAO officials acknowledged the government might be missing out on tax revenue as a result of not publishing Bitcoin-specific rules, but it is unclear how much. 'Given the uncertain extent of noncompliance with virtual currency transactions, formal guidance, such as regulations, may not be warranted,' the auditors concluded." Continue reading →

Continue ReadingFederal Auditors, IRS Pan Tax Regulations For Bitcoins

Internet Archive Federal Credit Union Backed by Internet Pioneer Brewster Kahle

"Jordan Modell has experience working with Citibank, American Express and the Bank of New York. Brewster Kahle is an Internet pioneer who helped develop precursors to the World Wide Web and Amazon.com and sold them for millions of dollars that he has used to form a foundation that supports the Internet Archive, an effort to digitally record everything that has been on the Internet since 1996. The pair decided to found a credit union after coming to the conviction that the existing financial services industry has largely stopped working for low-income and middle-class people and that a bank was not the best vehicle to meet the needs of those populations." Continue reading →

Continue ReadingInternet Archive Federal Credit Union Backed by Internet Pioneer Brewster Kahle

Erik Voorhees: financial independence through gold and Bitcoin

"Félix Moreno talks to Erik Voorhees about Bitcoin, gold and the nature of money. They discuss the properties that make good or bad money and how both Bitcoin and precious metals are decentralised (a plus), while fiat money systems are centrally planned. They talk about free speech, property rights and liberty, and the role that money plays in these." Continue reading →

Continue ReadingErik Voorhees: financial independence through gold and Bitcoin