Tech at Night

While Bitcoin is traceable, that process can be made very difficult by a determined attacker, because of the existence of sophisticated money laundering operations in the Bitcoin community, operations designed specifically to aid criminals. So I think it makes sense for the FEC to place cash-like restrictions on Bitcoin. As long as we’re stuck with these laws, it doesn’t make sense to give Bitcoin a special exception.

The quest to deliver the Internet from American-guaranteed liberty and into Russo-Sino-tyranny is on, down in Brazil. They call it NetMundial, but’s really a one country thing. It’s just an anti-American hate fest.

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Tech at Night

As the rest of the world attacks us every day, people just keep looking to demonize NSA. And it’s foreign threats we need to worry about, and that link doesn’t even talk about the state-sponsored threats out there.

Troubling news, as Democrats want to apply speech codes online, using a shooting to push for online censorship. Never let a crisis go to waste, so say the progressives.

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Tech at Night: A message to Mike Lee about Comcast.

On April 9, 2014, in General, by Neil Stevens
Tech at Night

Mike Lee, we’re your friends here at RedState. We backed you in the primary, and we’re sure to back you going forward. But please, lay off on his Comcast/Time Warner deal. The arguments you’re making, at least as portrayed by The Hill, are the same arguments that were used falsely to fool conservatives into backing the Net Neutrality power grab. Now they’re being used to trick us into backing an antitrust power grab.

First off, even if Net Neutrality wasn’t fixing an imaginary threat, the kind of discrimination you’re talking about is already banned by consent decree from the Comcast – NBC Universal deal. So your fears are doubly unfounded. But don’t take my word for it. Let the market work. Markets are how all of us speak, and we know better than government.

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Tech at Night

Funny how Bitcoin ATM installations get all that hype, but their later flops and removals get much less attention.

They’ve got to be so desperate for good news in the Bitcoin community. Imagine being one of those suckers who bought in at $1000 or even $800, only to get hit with the steady drumbeat of Bitcoin criminality and government attacks.

And don’t forget: Bitcoin mining is getting harder all the time. As time goes on, mining is going to get so hard that the pool will thin, making it easier for a well-off team to take over 51% of the network and hijack the whole thing. If that hasn’t already happened yet. Because if you had 51% of Bitcoin, wouldn’t you… hide some of your resources under an alias so as not to scare people off?

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Tech at Night

This is one of those nights. I did some work looking into just how foolish the idea of state-run Internet is, and now I’m out of time to do this, sorry to say. Quick links time!

The Senate is taking up STELA. Let’s hope the Democrats now don’t inject something into this virtually must-pass legislation, after House Republicans were kind enough to hold back.

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Tech at Night

Even as Bitcoin crime and deception continue, the government has decided that yup, Bitcoin investors have to pay taxes just like everyone else. The anarchists have deemed taxation to be “unacceptable”. I’m sure the IRS will take that as an answer, right guys? Pass the popcorn.

Even if the Obama administration’s data use is way up, the answer is not to abolish NSA, or start shutting down programs entirely. Marco Rubio is right that it would amount to unilateral disarmament. I wonder if he reads RedState!

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Tech at Night

At this point, anyone claiming Edward Snowden is anything but a spy against America is being willfully blind. Snowden now attacking alleged US operations against Communist China, an act that there is no legitimate pro-American interest in. It makes us just have to wonder what else he gave them as he gives them information and propaganda material now.

It’s kinda funny how Democrats screech like harpies about a “clean” bill for STELA, trying to block meaningful retransmission consent reform, but they’re trying to tack the IMF onto unrelated bills in the Senate.

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Tech at Night

DOJ is coming after human trafficking coordinated online. But don’t worry guys, all the drug dealers on Silk Road who get people hooked aren’t to blame at all, except that a lot of the victims of human trafficking get sucked into it via drug addiction. Let alone all the direct human trafficking done via Tor with Bitcoin.

In 1997 I attended a speech by Warren Buffett. One thing I’ve always remembered from it, was how he explained he prefers to invest in businesses he understands, like Coca Cola. Buffett staying away from Bitcoin doesn’t surprise me a bit. I doubt he does understand it, but at the same time the outrage by the Bitcoin ideologues is delicious. I guess it beats continued sobbing over all the exchanges that keep dying.

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Tech at Night

Gotta love it when the left uncritically regurgitates Sprint’s misleading talking points when they’d be having a hysterical screaming fit in the event I did the same to support my views.

Sadly I was right in my predictions about Obama back when hef irst took office, and Marco Rubio was right. The Obama administration is handing over the Internet to the UN, a blow to liberty and a victory for dictators around the world. I’m sure Rand Paul’s on board, since he wouldn’t want to tweak any dictators or anything.

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Tech at Night

Sprint is doing what I said Sprint would do all along. Remember when AT&T wanted to buy T-Mobile? Sprint funded a campaign by radical leftists to claim the #2 firm and the #4 firm coming together would be unbearably detrimental to competition, and would hinder American wireless.

Sprint’s new Japanese owners want T-Mobile, they want the #3 firm and the #4 firm to merge together into one, still reducing top-tier competition by one firm, according to the beancounting they used to do. T-Mobile claims it’s inevitable, but Sprint is playing an unfortunate game. They’re using all the left-wing, ridiculous talking points about Internet access in America to push their case.

The problem with that, never mind that Japan’s population density is nothing like America’s, and therefore no comparison is Apples-to-Apples. But as Jon Henke points out, now that Sprint laid out the case against a similar merger, they’re probably going to have to enter into an FCC-empowering agreement in order to get this deal done. That harms Sprint, and that harms America.