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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New Zealand continues to let fugitive Kim Dotcom waddle free as his successor to Megaupload has launched. The US shut down his previous service, hosting files for law breakers, and now New Zealand is letting him start over with a new service. I look forward to people using it to infringe on New Zealand copyrights, and to distribute tools for stealing from New Zealanders.
It’s amazing how detached from reality left-wing tech policy gets. Connectivity is better and faster than ever thanks to the 4G wireless revolution, as Media Freedom points out. I guess that’s why when firms like Comcast try to expand access even further, they have to try to talk it down.
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Remember when they told you Net Neutrality was needed? Remember when we said it was really about favoring online firms over telecoms? Told you so, told you so, told you so. Netflix now blocking select ISPs, trying to use market power in order to bully their way to sweetheart bandwidth deals, knowing ISPs can’t fight back under Net Neut regs, aka the Open Internet order.
PS Told you so.
It remains ridiculous that the Aaron Swarz suicide continues be politicized to the point that we’re putting innocent prosecutors under pressure, pressure that defies cross-examination due to the death of the key witness.
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Good news, everyone! Kay Bailey Hutchison and Senate Republicans were able to help defeat the Lieberman-Collins Cybersecurity Act once again.
Bad news, everyone! We lost the Presidential election, so President Obama is almost sure to try to defy the Congress, which won’t even pass the idea through one house, let alone both to make it a law. He’s going to try to implement this through executive order!
Meanwhile it falls to the Congress to investigate actual foreign threats in the digital theater.
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Surprise:Obama’s cybersecurity plans don’t actually fix anything, they just expand government. And yet the administration shamelessly attempts to use the crisis of storm Sandy to try to achieve this end.
At this point the administration’s cybersecurity efforts are as delusional and straw-grasping as its global warming efforts. Though what’s sad is that unlike global warming, there actually is a kernel of truth there that we as a nation could be acting on, but Obama is distracting us with his attempts to expand government.
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Regulation must keep up with the needs of modernization. That’s a point new FCC Commissioner Ajit Pai came to RedState to make, particularly with respect to the Internet transformation going on in telecommunications. As the world “goes IP,” and puts everything on the Internet, regulators must adapt. Make sure to read it. Ajit Pai would have a particularly important role as a reformist regulator should Mitt Romney win.
Regulation today just doesn’t make much sense sometimes, a point Broadband for America makes. The point about ‘edge’ vs ‘core’ of the Internet is important. The firm that sits between you and Google is as important to you as Google. They’re all pieces of the puzzle.
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Remember the Google Wi-Spy Street View scandal? A seemingly-harmless survey of the country turned into a massive snooping operation, and the FTC smacked them for over 20 million dollars. Well, not only is FCC now wasting money with a survey of Internet speeds, but it turns out that the FCC program runs the risk of warrantless snooping of its own!
We need strong, reformist regulators to be appointed in the next administration to stop stuff like this.
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Oops. Went to bed before putting up Tech at Night last night. Sorry about that! Special morning edition instead!
Even as House extremists are effectively calling it racist to free up spectrum in America, the IIA has it right that we need the FCC to be serious about this.
So here’s an action point for anyone interested: tell Mitt Romney that he needs to appoint strong, reformist regulators not just to stop the bleeding in all regulatory agencies, but actually to roll back the disastrous Obama years. Repeal and replace. It’s not just for Obamacare anymore.
In fact I will now float the idea that under President Romney, Republican Senators should reject Republican nominees to regulators who are not sufficiently committed to undoing the damage of the Obama years.
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Hackers and pirates! Kim Dotcom says he’ll be back and revive his copyright infringement empire, while infringement haven Pirate Bay’s co-founder Gottfrid Svartholm has been arrested in Cambodia and faces deportation, related to his conviction in Sweden.
Also, Anonymous’s Antisec claims to have broken into FBI servers and gotten data about iPhones. FBI says pics or it didn’t happen. Theory: they installed a trojan app in the App Store and are blaming the FBI as cover.
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Time to defend Google: It’s unfair to attack them for excluding Youtube from its “anti-piracy” penalties, when they’re also excluding every other popular site driven by user-generated content. Twitter, Facebook, Tumblr, and Youtube are four sites that, whether Google-owned or not, need to be indexed and valued to a degree. The point of the penalty is to punish illegitimate sites, not legitimate sites with some illegitimate users. So, yeah, lay off this time.
However I see I’m not the only one who thought Google got off easy over the Safari privacy hack perpetrated at Google, that led to the paltry $22 million fine of Google by the FTC. I still wonder if somebody should have gone to jail over it. Who was responsible? Where was the oversight that leads up to Larry Page and Eric Schmidt? Google should have named names.
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