Hustler's Larry Flynt offers $1 million for Romney financial records 2012-09-10 http://rt.com/usa/news/flynt-romney-records-tax-802/... The news of Flynt’s proposal comes only days after an unidentified party first circulated a message on the Internet suggesting that a security breach at the Tennessee offices of Romney’s accountants, PricewaterhouseCoopers, had allowed an unauthorized person to come into possession of the candidate’s earlier records. According to that claim, an encrypted file containing Romney’s tax history will be distributed to the news media this month and the key to decoding the contents will be sent out on September 28 unless the Romney campaign pays a $1 million ransom in the form of the Bitcoin crypto-currency. ... |
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The EFF is a pathetic shadow of it's founding mission.
If they had taken this attitude towards encryption - we'd never have had freely available crypto.
That they do a hell of a lot of good in other areas is nice - but the damage they also do is a serious stain upon them.
The world would be worse off without the EFF - but on the other hand, they're occupying a space that could be filled by something better, and perhaps stopping that 'something better' from materialising. Sad.
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My impression of Matthew is one who is(was?) both naive and excessively confident in his own opinions. It's a dangerous mix.
I was quite floored by the certainty with which he (incorrectly) proclaimed that the recent leaked FBI bitcoin report was 'fake'.
Sad that we lose the sheer drive and enthusiasm he has for getting things done - but I have to agree with others that it's reasonable to view this as a debt he owes and reneged on.
It raises interesting questions about bankruptcies and Bitcoin. Bitcoins make it so much harder to know when/if someone has paid all they can to creditors.
Still, there are old-skool methods of hiding assets amongst family/friends so I guess it just makes it a bit easier for the defaulters.
In this case though, he doesn't seem to be acknowledging the debt or even attempting to repay to the extent of his capacity.
BTCST + 'the bet' = Another depressing Bitcoin clusterfuck.
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Does Mitt Romney have a Bitcoin problem? Matthew DeBord 2012-09-10 http://www.scpr.org/blogs/economy/2012/09/10/9897/does-mitt-romney-have-bitcoin-problem/?utm_source=dlvr.it&utm_medium=twitterThere hasn't been much movement on last week's news that Mitt Romney's tax returns were hacked and that the hackers have demanded a $1-million ransom to not release them to the media — a ransom payable in the peer-to-peer cybercurrency Bitcoin, about which I have been frequently writing for the past few mon ... So to answer my own question from the title of this post, Romney doesn't have a Bitcoin problem. He — or more accurately, PricewatershouseCooper, his accountants — could have a tax-return problem, if hackers are running around with financial information that Romney would rather not have the public see. |
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Wrestling with Bitcoin. Why even hard-core goldbugs should respect and support cryptocurrencies. Julia Dixon 2012-09-10 http://www.dgcmagazine.com/wrestling-with-bitcoin-why-even-hard-core-goldbugs-should-respect-and-support-cryptocurrencies/Don’t get me wrong, I’m not suggesting you sell your gold for Bitcoins. What I’m saying is although they may not realize it, Bitcoin is a goldbugs friend. It has a real chance of changing the way the average person thinks about money and that is good news for anyone who is not a fan of fiat. ... The decentralized nature of cryptocurrencies make them flexible and difficult to regulate. But what is most important about Bitcoin, is its ability to get people to think about money differently. It has the ability to draw the average Joe into the world of alternative currencies. And as such, any enemy of fiat should be a friend of Bitcoin. |
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My tea arrived here in Sydney Australia today - thanks nmteaco! Customs opened the package to inspect - but apparently the inspection showed 'no items of quarantine concern' I found this slip in the outer package:  The tea arrived in a vacuum sealed black package - which I assume is the original as it didn't look tampered with. This surprised me a little, because I dont' see how they could actually examine it close enough to ensure it was what the label said it was.... Perhaps they were just ensuring it was properly sealed and professionally packaged? |
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The report flagged possible attacks against the Tor network, and cited previous research including Perez-Gonzalez and Crandall's timing and fingerprint analysis, and man-in-the-middle attacks against exit nodes. It said it was unknown if the latter attack was possible against Tor hidden services.
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I base mine on gut feeling about bitcoin news and scandals.
This has been unsuccessful for me.
I only trade with pretty small amounts, and I made about 2 bitcoins last month doing the occasional day trade - but it wasn't worth the time and stress.
Now I'm holding some USD when I'd prefer to be all BTC. If the price doesn't drop soon then I guess I'll buy back in at a loss and wipe out my previous little BTC gains plus some. :/
Basically - I suck at day trading, but every now and then I forget that and get sucked in to giving it another whirl.
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WHAT THE FETCH IS BITCOIN? Kate Kendall http://blog.thefetch.com/2012/09/09/what-the-fetch-is-bitcoin/This week, Mat walks through one of his long-time favourite conversation topics: Bitcoin. I might have been a sceptic at first but judging from a selection of recent news stories here, here and here – he’s won, I’m finally taking notice. ... If you’re interested in discovering more about cryptography – there are upcoming meetups (aka a ‘CryptoParty‘) happening around the globe. I attended the 1st Sydney CryptoParty a bit over a week ago.. Bitcoin didn't come up as a general topic (they focused on Tor & GPG) , but I did discuss it with a couple of people. The CryptoParty scene does seem like a good fit for Bitcoin. Mat Holroyd from the article has posted some preliminary notes for an 'Intro to Bitcoin' to be discussed at the next Melbourne cryptoparty: http://matholroyd.com/post/30983468021/preliminary-notes-for-my-intro-to-bitcoin-talk-for |
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Not our usual Forbes correspondent! |
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Bitcoin value spikes after hacker demands ransom in the currency Meghan Kelly 2012-09-05 http://venturebeat.com/2012/09/05/bitcoin-value/Sometimes a hack has unexpected outcomes. Today, a hacker who claims to have obtained Mitt Romney’s tax returns is demanding a ransom of $1 million in Bitcoins. The hacker probably didn’t expect to improve the market for Bitcoins overall, but that’s exactly what happened, as the value of Bitcoins spiked about 6 percent today, from $10.40 per Bitcoin to about $11 per Bitcoin at the end of the day. ... This didn't strike me as much of a spike, and I think it's just as likely due to upbeat feelings over the sheer volume of press coverage on both this and the bitfloor hack. |
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Mitt Romney's tax returns being held hostage for $1 million in...Bitcoin?! Matthew DeBord 2012-09-05 http://www.scpr.org/blogs/economy/2012/09/05/9735/mitt-romneys-tax-returns-being-held-hostage-1-mill/Apparently, this is legitimate enough to invite the attention of the Secret Service. ... I've written quite a bit about Bitcoin and this is the first time I've ever heard of the cybercurrency being involved with blackmail. ... But holding the world's most coveted tax returns hostage for...one million dollars? This is new territory for the cybercurrency. Obviously, it could all be a publicity stunt of some sort. ... |
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Virtual Heist Paralyzes BitFloor, the U.S.’s #1 USD Bitcoin Exchange Jessica Roy 2012-09-05 http://betabeat.com/2012/09/bitcoin-heist-bitfloor-shut-down-romanshtylman-09052012/The problem with virtual currency is that it doesn’t take an Italian Job-style heist to make off with hundreds of thousands of dollars worth of Bitcoins. ... Over the last 15 months, more than 290,000 BTC have been stolen, according to CNET and Bitcoin talk forum. ... |
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