Some fascinating Bitcoin developments: As I predicted, Mt. Gox just got trouble with its US dollar processor, Dwolla. Meanwhile it comes out that a cabal of developers has de facto control over the Bitcoin network and is devaluing very small wallets. The net effect of this is to reduce the money supply, deflating Bitcoin to benefit those with large holdings.
So even as Bitcoin is revealed to have its own central bankers, the new Megaupload is getting censored per New Zealand law, as Kim Dotcom weighs (heavily) in against Obama to attempt to distract from this censorship.
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Sorry for missing Tech at Night on Friday. After that near-miss with a cold, I decided to start the weekend a little early that night. But we’re back. So with five days of news to catch up on, let’s see what we have here.
Here’s a reminder of why Net Neutrality was a terrible idea. Making people pay for what they use creates opportunities for innovation. If ESPN wants to negotiate bulk rates for wireless data, let them!
And yet that John McCain would add more regulations. We need less micromanagement of cable, not more.
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I’m on antihistamines and hoping I’m not getting too sick, so this is going to be less… focused than it usually will be. Hang on.
Let’s recap the CISPA situation. Anonymous is proving why we need it (though BGR is delusional for thinking Anonymous was “attacking North Korea” when it hacked Twitter accounts, though BGR does sometimes go gaga for radical propaganda). China is, too. But the administration is opposing CISPA on “privacy” grounds. Hold that thought.
The Obama administration is not opposing and may back government mandates for “wiretapping” Internet communications – that is, government-mandated backdoors into encrypted communications. What was that about privacy, again?
At least Republicans are still serious on the matter, looking at the large scale of thefts and spying going on. Make no mistake: this is aimed at China. In theory it would affect Iran, but we already embargo them, so this affects China.
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So the left is mad that the President’s new pick for Commerce isn’t totally in the pocket of the unions, and they’re mad the new pick for FCC, Tom Wheeler, isn’t a radical socialist like Bernie Sanders. I’m not all that optimistic about either pick though. The President is choosing bundlers for personal loyalty, which means radicalism on his terms, but still radicalism.
This is amazing though, and this is something the radicals will never tell you: more Americans lack access to public water than to broadband Internet. Twice as many, in fact. Government is a failure, compared with private competition.
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We’re still at war online, guys. The Chinese are scouting us and even criminal enterprise is under constant attack. And make no mistake DDoS attacks affect not just the target, but the networks surrounding the target, too, so even a criminal racket like Silk Road should have attacks on it stopped, for the health of American networks. And again, the anarchists SWATted a member of Congress, Mike Rogers, to fight for weaker security online.
Yet, The President and Democrats continue to obstruct CISPA, instead of getting the job done. This guy made illegal executive orders on the topic, but as soon as we take good, light-regulatory legislative action, he suddenly wants to slam on the brakes. Shameful.
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Crime Watch: Lulzsec bigshot gets taken down in Australia, and an Anonymous gang member is on trial for multiple rape at an Occupy event. Bad week for anarchists. Heh.
Democrats tuning their rhetoric for the moment: IMMEDIATE ACTION needed on Do Not Track, even as it’s taken YEARS to do anything on outdated ECPA email rules which now may include a warning requirement, and it wasn’t even Jay Rockefeller who got off his tail to get that done.
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Forgive me for being a bit brief tonight. I’ve had caffeine-related sleep issues the last two nights, getting up at 2am wide awake. So… yeah I’m tired!
I was productive this morning at least though, which is why I was able to bang out finally this post on CISPA and why we need to pass it.
CISPA is a bill that we ought to pass, even if the Democrats might obstruct, so it looks like Michael McCaul is ready to move on regardless, talking about his own cybersecurity bill.
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Some legislative action still ongoing: the Senate looking to fix the ECPA, an email search law that was written to the technology of the time, and now defies the expectations of its framers.
I was told Amazon and eBay would like the sales tax compact, but eBay is coming out against it, spamming its users. But the Senate continues to support it.
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While it’s true that cybersecurity can be cover for bad proposals, it is true that foreign organized criminal and state-backed attacks are hitting American government and business interests online every day. They’re even stealing large sums of money on a regular basis. This is why we need to address the issue in a serious way. If these attacks were going on at sea, it would be an act of war. Because it’s online, nothing happens? Come on.
Amending CISPA in order to try to get it to pass might be a good idea. If anarchists and other left-libs don’t like it, then it may yet be a good bill after the changes.
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I meant to post over the weekend, but with RedState so active for Easter, I decided just to cancel the Friday Tech.
Hey folks, here’s more evidence: Population density matters for Internet speeds. Wealth also matters. Those who don’t adjust for these factors, and tell you US Internet speeds are slow or bad, are selling something. Usually government.
And yes, it’s still a problem that the Obama administration isn’t doing enough to oppose global Internet regulation through the ITU. Some say the administration was duped, but I think they just don’t oppose global regulation and governance. Obama wants to bow to foreign countries by letting global tyrants hijack the Internet from the free peoples of the world.
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