technology

Hayek to Satoshi and Beyond

"In Denationalisation, Hayek wrote that if anything resembling his vision were to come about, it would probably happen in a way he had no chance of accurately predicting-and on that count, he was definitely right. We, however, may be in similar position to the one he occupied some thirty seven years ago. If Bitcoin succeeds, it will completely alter the way human beings relate to the creation and management of money; the future that’s set to unfold over the next three and half decades is probably even more opaque to us than our present day was to F.A. Hayek." Continue reading →

Continue ReadingHayek to Satoshi and Beyond

What Are Bitcoins: The How, Why and Why Not

"There is a large and growing list of internet based companies that do business in bitcoins. Earlier this year, bitcoin payment processor BitPay partnered with gift card company Gyft, which now accepts bitcoins for its mobile gift card products. So now, buy using these gift cards, you can use your bitcoins at large number of big companies that include names like Burger King and Nike. Interestingly, areas in Germany have many merchants that do business in bitcoins. Germany has now declared this virtual money as official 'unit of account.' Adding a bit more credibility to this virtual currency, the Winklevoss twins, of Facebook fame, are working on launching an ETF that will track the value of bitcoins." Continue reading →

Continue ReadingWhat Are Bitcoins: The How, Why and Why Not

Bitmine.ch – How’s a bitcoin miner made – Episode #1

"Bitmine presents its first video about how our Bitcoin mining devices are made. In this episode you'll have a sneak preview of our electronic circuits assembly facility and you'll see how the strict quality controls of Bitmine are accomplished in bringing you the best quality miners." Continue reading →

Continue ReadingBitmine.ch – How’s a bitcoin miner made – Episode #1

The Pentagon: Angry Birds Hold the Key to Our Security

"'The digital battlefield has to be as easy to navigate as an iPhone,' writes Wired magazine’s Noah Shachtman. 'The attacks have to be as easy to launch as an Angry Bird.' Mr. Shachtman points out that U.S. cyberoffensives have taken months of planning and have required small specialized units. Instead, the Pentagon wants 'munitions made of 1s and 0s to be as simple to launch as ones made of metal and explosives.' The Pentagon has brought in 'designers behind some of Apple’s most famous computers — with assistance from the illustrators who helped bring Transformers to the silver screen.' The DoD will shell out $16.1 billion in contract money to conduct their cyber makeover." Continue reading →

Continue ReadingThe Pentagon: Angry Birds Hold the Key to Our Security

Meet the men who spy on women through their webcams

"RAT operators have nearly complete control over the computers they infect; they can (and do) browse people's private pictures in search of erotic images to share with each other online. They even have strategies for watching where women store the photos most likely to be compromising. Women who have this done to them, especially when the spying escalates into blackmail, report feeling paranoia. One woman targeted by the California "sextortionist" Luis Mijangos wouldn't leave her dorm room for a week after Mijangos turned her laptop into a sophisticated bugging device. Mijangos began taunting her with information gleaned from offline conversations." Continue reading →

Continue ReadingMeet the men who spy on women through their webcams

The Closed Door Silicon Valley Meeting with Treasury Secretary Lew

"Last week Thursday, Treasury Secretary Jack Lew visited the west coast and had a closed door meeting with key players from Silicon Valley. The meeting was held in Mountain View, California at the headquarters of Facebook. EconomicPolicyJournal.com has obtained the list of attendees. How would you like to be able to make your investment and business decisions after attending a meeting like this?" Continue reading →

Continue ReadingThe Closed Door Silicon Valley Meeting with Treasury Secretary Lew

Spendopedia: Federal waste collection site opens on Internet

"Has government waste become so bad that we need an encyclopedia to keep track? One watchdog group seems to think so and has started a publicly edited, crowdsourced website that compiles cases of fiscal abuse, modeled after the popular site Wikipedia. Spendopedia, launched this month, is an attempt to organize examples of fiscal waste into a central, easily searchable database. The site documents programs that have been labeled as wasteful by news organizations, members of Congress or federal investigators. The website catalogs more than 100 examples of waste, including a lavish conference of the GSA and excessive severance packages at the Energy Department." Continue reading →

Continue ReadingSpendopedia: Federal waste collection site opens on Internet

Watch Ron Paul Crush It On His New TV Channel

"As he celebrates his 78th birthday, with a string of ongoing and upcoming projects, Paul’s 'retirement' is looking more and more like a full-time job. While congressional service may have provided the initial platform, Paul is now freed from the hyena’s den, and his work outside of politics will prove to have a real lasting impact on public debate and on spreading an intellectual revolution. Last week, Paul debuted his internet media outlet. The Ron Paul Channel is branded as an alternative to the corporate media, allowing viewers to watch his talk show-style program online, 'When they want, where they want, and on the device they want: internet-connected televisions, computers, tablets, and smart phones.'" Continue reading →

Continue ReadingWatch Ron Paul Crush It On His New TV Channel

Watch Ron Paul Crush It On His New TV Channel

"As he celebrates his 78th birthday, with a string of ongoing and upcoming projects, Paul’s 'retirement' is looking more and more like a full-time job. While congressional service may have provided the initial platform, Paul is now freed from the hyena’s den, and his work outside of politics will prove to have a real lasting impact on public debate and on spreading an intellectual revolution. Last week, Paul debuted his internet media outlet. The Ron Paul Channel is branded as an alternative to the corporate media, allowing viewers to watch his talk show-style program online, 'When they want, where they want, and on the device they want: internet-connected televisions, computers, tablets, and smart phones.'" Continue reading →

Continue ReadingWatch Ron Paul Crush It On His New TV Channel