technology

Feds Threaten To Arrest Lavabit Founder For Shutting Down His Service

"The saga of Lavabit founder Ladar Levison is getting even more ridiculous, as he explains that the government has threatened him with criminal charges for his decision to shut down the business, rather than agree to some mysterious court order. The feds are apparently arguing that the act of shutting down the business, itself, was a violation of the order. That same article suggests that the decision to shut down Lavabit was over something much bigger than just looking at one individual's information -- since it appears that Lavabit has cooperated in the past on such cases. Instead, the suggestion now is that the government was seeking a tap on all accounts." Continue reading →

Continue ReadingFeds Threaten To Arrest Lavabit Founder For Shutting Down His Service

Administration Can’t Let Go: Felony Streaming Provisions Of SOPA Are Back

"We've been working our way through a paper released last week by the Commerce Department, concerning copyright reform, and will have a much more detailed post about it soon (there's a lot in there), but over at the Washington Post, they're highlighting the silly recommendation to bring back the plan to make unauthorized streaming a felony. This was a part of SOPA and was widely discussed. This got a fair amount of attention when Justin Bieber was asked about the law, and said that Senator Klobuchar should be locked up. It's no surprise that this is coming back. It's one of the points that's been raised a few times since the death of SOPA." Continue reading →

Continue ReadingAdministration Can’t Let Go: Felony Streaming Provisions Of SOPA Are Back

Bitcoin ATM Machines Receive Full Funding Hours After Campaign Launches

"Startup Lamassu Bitcoin Ventures has managed to fund its initial production run of 15 Bitcoin ATM units just hours after pre-orders were announced. The company’s new Bitcoin ATMs promise to take your cold hard cash and instantly added your money to a bitcoin wallet. The new ATM machines were paid for mostly with the use of Bitcoins. Based on the cost of each machine the company has raised $60,000-$75,000 in sales revenue after only a few short hours. While Bitcoin value has drastically increased over the last year the company is hoping to introduce the digital currency to “non-geeks” who may find entry into the payment a bit confusing." Continue reading →

Continue ReadingBitcoin ATM Machines Receive Full Funding Hours After Campaign Launches

Square Fined $507K In Florida For Operating Without A Money Transmitter License

"A little more state-specific financial regulatory hot water for Square, the hot mobile commerce startup: it has been fined $507,000 by Florida’s Office of Financial Regulation for operating a payment service without a money transmission license. This looks like the second time that a U.S. state financial regulator has gone after the company, after Square was served with a cease and desist order in Illinois in March 2013, also for failing to obtain a license before opening up for operations. According to the Florida payment order (embedded below), the $507,000 fine covers over two years of operation, from February 2010 to November 2012." Continue reading →

Continue ReadingSquare Fined $507K In Florida For Operating Without A Money Transmitter License

Decoding Bitcoin

"Chances are you have never used a Bitcoin, but you’ve probably heard of it. The virtual currency is popping up more and more in the news and the government has been showing an increased interest in the subject. For instance, the top Democrat and Republican on the Senate’s Homeland Security and Governmental Affairs Committee this week told federal financial regulators and law enforcement officials to explain how they are keeping tabs on 'virtual' currencies, including the $1.2 billion market for Bitcoins. So what, errr, is a Bitcoin? What follows is guide to understanding the currency, why it’s used and why the government is paying attention." Continue reading →

Continue ReadingDecoding Bitcoin

Subpoenaed CEO: You’ll use Bitcoin without even knowing it

"The founder of Coinsetter, one of the 22 companies subpoenaed on Monday as part of an effort to regulate Bitcoin and other cryptocurrencies, isn’t concerned about the future of his industry. Not in the least bit. 'In the future, most people will use Bitcoin without even knowing it,' Jaron Lukasiewicz, cofounder and CEO of Coinsetter, a foreign exchange trading platform for Bitcoin, wrote in an email to me. 'Bank transfers will take place over the Bitcoin network, making transfers quick and inexpensive for both banks and consumers.' The New York City-based Coinsetter raised $500,000 from Tribeca Vebture Partners this April." Continue reading →

Continue ReadingSubpoenaed CEO: You’ll use Bitcoin without even knowing it

Jeffrey Tucker: How Bitcoin is Reinventing The Monetary System

"'We're talking about reinventing the world's monetary system...from the ground up,' says Jeffrey Tucker, executive editor of Laissez Faire Books, and an enthusiastic proponent of the open source peer-to-peer currency system Bitcoin. After participating in a panel discussion on Bitcoin at Freedom Fest, Tucker sat down with Reason Magazine's Matt Welch to explain why he believes Bitcoin is an example of a new enterprise that can help create 'a new world of liberty, despite the existence of the leviathan state.'" Continue reading →

Continue ReadingJeffrey Tucker: How Bitcoin is Reinventing The Monetary System

How Laura Poitras Helped Snowden Spill His Secrets

"By late winter, Poitras decided that the stranger with whom she was communicating was credible. There were none of the provocations that she would expect from a government agent — no requests for information about the people she was in touch with, no questions about what she was working on. Snowden told her early on that she would need to work with someone else, and that she should reach out to Greenwald. She was unaware that Snowden had already tried to contact Greenwald, and Greenwald would not realize until he met Snowden in Hong Kong that this was the person who had contacted him more than six months earlier." Continue reading →

Continue ReadingHow Laura Poitras Helped Snowden Spill His Secrets

Should Cops Wear Google Glass?

"Even in its most basic form—no fancy infrared add-ons—Google Glass would make the ultimate cop-monitoring tool: the 'stock' models are capable of streaming video and audio to a Google Hangout, which means a supervisor could sit in front of a monitor and watch several officers’ streams in real time. It’s also open to modification, meaning that a third-party developer could build apps for facial recognition, sound triangulation, or crime-scene navigation (the facial-recognition part is already in development). And for a couple hundred dollars, it’s also affordable to most police departments, especially those with budgets fattened by civil forfeiture." Continue reading →

Continue ReadingShould Cops Wear Google Glass?

The Ron Paul Channel: libertarianism ‘unfiltered and uninterrupted’

"Filmed in the little town of Clute, Texas, and Los Angeles, the Ron Paul Channel will publish three 30-minute shows per week. Its slogan: 'Turn Off Your TV. Turn On the Truth' suggests a combative tone, while those behind it say there has been an 'outpouring of interest' in the first few days. It's Paul's first major initiative since retiring from Congress in January. He told the Guardian that he opted for a news channel 'because the mainstream media is not telling the stories that Americans really need to know'." Continue reading →

Continue ReadingThe Ron Paul Channel: libertarianism ‘unfiltered and uninterrupted’