Bruce Schneier's Wired Op-Ed Slams Blockchain, But Why ...

A Look at DCG & Bitfury's Incestuous Ties With the U.S. Government

Peter Todd Tweet in 2014: https://archive.is/vKZ9C
[email protected] I gotta say, looks really bad legally how Austin Hill's been negotiating deals w/ pools/etc. to get control of hashing power.
Board of Digital Currency Group
Glenn Hutchins
Advisory Board
Larry Summers
DCG of course is an investor in both Blockstream and BTCC.
DCG's money comes from:
DCG also owns Coindesk.
BTCC and Bitfury are the only two large mining pools who are outspoken in their support of Bitcoin Core.
The Bitfury Group Leadership to Present at Clinton Global Initiative (https://archive.is/MWKee)
Full Video (Begins at 32:00)
“The Bitfury Group is proud to be the world’s leading full service Blockchain technology company, we are deeply honored to represent this innovation to an audience of extremely dedicated game-changers, and we look forward to highlighting our company’s groundbreaking ‘Blockchain for global good’ work at such an important event, said Smith. “From the White House to the Blockchain, I know this technology has the power to deliver inclusion and opportunity to millions, if not billions, of people around the world and I am so grateful to work for a company focused on such a principled vision.”
Bitfury Lightning Implementation
  • In partnership with a French firm called ACINQ (http://acinq.co)
  • ACINQ is a subsidiary of the larger ACINQ Financial Services
  • CoinTelegraph: Bitfury Lightning Network Successfully Tested With French Bitcoin Company
  • TEAM: https://archive.is/Q5CNU
  • ACINQ’s US Headquarters is in Vienna, Virginia, a small town of only 16,000. Why would a global financial firm choose to locate here? -- Feeder community into Washington, D.C. Has an orange line metro stop. -- Located in Fairfax County, VA. -- The US Federal Government is the #2 largest employer -- Booz Allen Hamilton (NSA front company) is #6 largest employer -- In fact, most of the top employers in Fairfax County are either US Federal Gov’t or companies that provide services to Federal Government -- The county is home to the headquarters of intelligence agencies such as the Central Intelligence Agency, National Geospatial-Intelligence Agency, and National Reconnaissance Office, as well as the National Counterterrorism Center and Office of the Director of National Intelligence.
Chairman: Avinash Vashistha
CEO: Chaman Baid
CSO: Nandan Setlur
  • https://www.linkedin.com/in/nandansetlur https://archive.is/wp3L0
  • From 1986-1993 he worked for Information Management Consultants (imc) Ltd as a Technical Consultant with various federal government agencies. McLean, Virginia
  • 1993-2000 Technical Consultant for Freddie Mac, in McLean Virginia
  • From 2000-2007, President of InterPro Global in Maryland
  • From 2011-2012, Director of VibbleTV in Columbia, Maryland
  • From 2008-Present has been Executive Director at ACINQ and Managing Partner at Vine Management, both in Vienna, Virginia.
BitFury Enhances Its Advisory Board by Adding Former CFTC Chairman Dr. James Newsome and Renowned Global Thought Leader and President of the Institute for Liberty and Democracy Hernando de Soto (Businesswire)
Bitfury Board of Directors
Robert R Dykes
The other board members include two Bitfury founders, and an investor.
Bitfury Advisory Board
James Newsome
  • Ex-chairman of CFTC
  • Dr. Newsome was nominated by President Clinton and confirmed by the Senate to be at first a Commissioner and later a Chairman of CFTC. As Chairman, Newsome guided the regulation of the nation’s futures markets. Additionally, Newsome led the CFTC’s regulatory implementation of the Commodity Futures Modernization Act of 2000 (CFMA). He also served as one of four members of the President’s Working Group for Financial Markets, along with the Secretary of the Treasury and the Chairmen of the Federal Reserve and the SEC. In 2004, Newsome assumed the role of President and Chief Executive Officer of the New York Mercantile Exchange (NYMEX) where he managed daily operations of the largest physical derivatives exchange in the world. Dr. Newsome is presently a founding partner of Delta Strategy Group, a full-service government affairs firm based in Washington, DC.
Hernando de Soto
  • Hernando de Soto heads the Institute for Liberty and Democracy, named by The Economist one of the two most important think tanks in the world. In the last 30 years, he and his colleagues at the ILD have been involved in designing and implementing legal reform programs to empower the poor in Africa, Asia, Latin America, the Middle East, and former Soviet nations by granting them access to the same property and business rights that the majority of people in developed countries have through the institutions and tools needed to exercise those rights and freedoms. Mr. de Soto also co-chaired with former US Secretary of State Madeleine Albright the Commission on Legal Empowerment of the Poor, and currently serves as honorary co-chair on various boards and organizations, including the World Justice Project. He is the author of “The Other Path: the Economic Answer to Terrorism”, and his seminal work “The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else.”
  • Frequent attendee at Davos World Economic Forum
  • Frequent Speaker @ Clinton Global Initiative http://www.dailymotion.com/video/x2ytfrs https://archive.is/MWKee
  • Criticisms: -- In his 'Planet of Slums'[104] Mike Davis argues that de Soto, who Davis calls 'the global guru of neo-liberal populism', is essentially promoting what the statist left in South America and India has always promoted—individual land titling. Davis argues that titling is the incorporation into the formal economy of cities, which benefits more wealthy squatters but is disastrous for poorer squatters, and especially tenants who simply cannot afford incorporation into the fully commodified formal economy. -- An article by Madeleine Bunting for The Guardian (UK) claimed that de Soto's suggestions would in some circumstances cause more harm than benefit, and referred to The Mystery of Capital as "an elaborate smokescreen" used to obscure the issue of the power of the globalized elite. She cited de Soto's employment history as evidence of his bias in favor of the powerful. https://www.theguardian.com/business/2000/sep/11/imf.comment http://www.slate.com/articles/news_and_politics/hey_wait_a_minute/2005/01/the_de_soto_delusion.html
Tomicah Tilleman
  • https://en.wikipedia.org/wiki/Tomicah_Tillemann
  • Dr. Tomicah Tillemann is Director of the Bretton Woods II initiative. The initiative brings together a variety of long-term investors, with the goal of committing 1% of their assets to social impact investment and using investments as leverage to encourage global good governance. Tillemann served at the U.S. State Department in 2010 as the Senior Advisor on Civil Society and Emerging Democracies to Secretary Hillary Clinton and Secretary John Kerry. Tillemann came to the State Department as a speechwriter to Secretary Clinton in March 2009. Earlier, he worked for the Senate Foreign Relations Committee, where he was the principal policy advisor on Europe and Eurasia to Committee Chairmen, Senators Joe Biden and John Kerry. He also facilitated the work of the Senate's Subcommittee on European Affairs, then chaired by Senator Barack Obama. Tillemann received his B.A. magna cum laude from Yale University. He holds a Ph.D. with distinction from the School for Advanced International Studies at Johns Hopkins University (SAIS) where he also served as a graduate level instructor in American foreign policy. http://live.worldbank.org/node/8468 https://archive.is/raDHA
  • Secretary Clinton appointed Tomicah Tillemann, Ph.D. as the State Department’s Senior Advisor for Civil Society and Emerging Democracies in October 2010. He continues his service under Secretary Kerry.
  • Mr. Tillemann and his team operate like venture capitalists, identifying ideas that can strengthen new democracies and civil society, and then bring together the talent, technology and resources needed to translate promising concepts into successful diplomacy. He and his team have developed over 20 major initiatives on behalf of the President and Secretary of State.
  • Mr. Tillemann came to the State Department as a speechwriter to Secretary Clinton in March 2009 and collaborated with her on over 200 speeches. Earlier, he worked for the Senate Foreign Relations Committee, where he was the principal policy advisor on Europe and Eurasia to Committee Chairmen, Senators Joe Biden and John Kerry. He also facilitated the work of the Senate's Subcommittee on European Affairs, then chaired by Senator Barack Obama. Mr. Tillemann’s other professional experience includes work with the White House Office of Media Affairs and five U.S. Senate and Congressional campaigns. He was a reporter with Reuters New Media and hosted a commercial radio program in Denver, Colorado. http://m.state.gov/md160354.htm https://www.newamerica.org/our-people/tomicah-tillemann/ https://archive.is/u2yF0
  • Director of “Bretton Woods II” initiative at New America Foundation Bretton Woods was an international summit that led to the creation of the IMF and the IBRD, one of five members of The World Bank
Jamie Smith
Jason Weinstein
Paul Brody (no longer appears on site, and his LinkedIn has no mention of Bitfury, but he is mentioned in a Press Release
  • https://www.linkedin.com/in/pbrody
  • Ernst & Young since 2015 as “Americas Strategy Leader”, “Global Innovation Leader”, and “Solution Leader”
  • Prior to E&Y, he was an executive at IBM since 2002
New America Foundation
Muskoka Group
[note: this is worthy of much more research]
  • https://www.bloomberg.com/news/articles/2016-08-29/blockchain-s-backers-embark-on-campaign-to-improve-its-image
  • Don Tapscott, co-author of the book “Blockchain Revolution,” hosted the meeting with his son and co-author Alex Tapscott at his family’s summer compound in Lake of Bays, Ontario. The group included some of blockchain’s biggest backers, including people with ties to IBM and JPMorgan. They considered ways to improve the governance and oversight of the technology behind the digital currency bitcoin as a way to fuel the industry’s growth. They included Jim Zemlin, executive director of the Linux Foundation; Brian Behlendorf, executive director of the Hyperledger Project, a blockchain supporter group that includes International Business Machines Corp., Airbus Group SE and JPMorgan Chase & Co.; and Ana Lopes, board member of the World Wide Web Foundation. Participants with blockchain industry ties include former deputy White House press secretary Jamie Smith, now chief global communications officer of BitFury Group Ltd., and Joseph Lubin, founder of startup Consensus Systems.
Blockchain Delegation Attends Democratic National Convention https://archive.is/k16Nu
Attendees:
Jamie Smith — The Bitfury Group & Blockchain Trust Accelerator Tomicah Tillemann— New America Foundation & Blockchain Trust Accelerator Alex Tapscott— co-author: Blockchain Revolution Brian Forde — MIT, Digital Currency Initiative
Brian Forde
  • Was the founding director of the MIT Digital Currency Initiative -Left his 4 year post as White House Senior Advisor for Mobile and Data Innovation to go directly to the MIT DCI
  • Brian Forde has spent more than a decade at the nexus of technology, entrepreneurship, and public policy. He is currently the Director of Digital Currency at the MIT Media Lab where he leads efforts to mainstream digital currencies like Bitcoin through research, and incubation of high-impact applications of the emerging technology. Most recently he was the Senior Advisor for Mobile and Data Innovation at the White House where he spearheaded efforts to leverage emerging technologies to address the President’s most critical national priorities. Prior to his work at the White House, Brian founded one of the largest phone companies in Nicaragua after serving as a business and technology volunteer in the Peace Corps. In recognition of his work, Brian was named a Young Global Leader by the World Economic Forum and one of the ten most influential people in bitcoin and blockchain. https://www.linkedin.com/in/brianforde https://archive.is/WjEGU
Alex Tapscott
World Economic Forum
  • Strategic Partners: https://www.weforum.org/about/strategic-partners
  • Includes Accenture (See Avinash Vashistha), Allianz, Deloitte (Scaling Bitcoin platinum sponsor, Blockstream Partner), Citigroup, Bain & Company (parent of Bain Capital, DCG investor), Dalian Wanda Group (working on blockchain technology), Ernst & Young (see Paul Brody), HSBC (Li-Ka Shing, Blockstream investor, used to be Deputy Chairman of HSBC), IBM, KPMG International, Mastercard (DCG Investor), PwC (Blockstream partner, also sponsor of Scaling Bitcoin)
  • Future of Financial Services Report [PDF] The word “blockchain” is mentioned once in this document, on page 23 (http://i.imgur.com/1SxyneJ.png): We have identified three major challenge areas related to innovation in financial services that will require multi-stakeholder collaboration to be addressed effectively. We are launching a project stream related to each area, with the goal of enabling tangible impact.... Decentralised systems, such as the blockchain protocol, threaten to disintermediate almost every process in financial services
  • The Steering Group who authored the report is a who’s who of the global financial elite. (Pages 4 & 5) http://i.imgur.com/fmYc1bO.png http://i.imgur.com/331FaX6.png
Bitfury Washington DC Office
Washington DC Office 600 Pennsylvania Avenue Suite 300 Washington, D.C. 20003
http://bitfury.com/contacts https://archive.is/ugvII
Bitfury Chosen for Ernst & Young Blockchain Startup Challenge
Deloitte Unveils Plan to Build Blockchain-Based Digital Bank http://www.consultancy.uk/news/12237/deloitte-unveils-plan-to-build-blockchain-based-digital-bank https://archive.is/UJ8Q5
submitted by 5zh8FoCiZ to btc [link] [comments]

Large DDoS attacks cause outages at Twitter, Spotify, and other sites

This is an automatic summary, original reduced by 74%.
Dyn's general counsel Dave Allen added that, with the help of other infrastructure companies Akamai and Flashpoint, Dyn has determined that some of the traffic used in the attacks comes from the Mirai botnet, a network of infected Internet of Things devices used in other recent large-scale DDoS attacks.
Although DDoS attacks are sometimes accompanied by extortion letters that ask a company to hand over bitcoin in exchange for ceasing an attack, Dyn said it has not received any messages from its attackers.
The DDoS attack on Dyn follows on the heels of one of the largest DDoS attack in history, which used the Mirai botnet to target the website of independent cybersecurity journalist Brian Krebs.
Although DDoS attacks have historically used large networks of compromised computers called botnets to send junk traffic to sites, overwhelming them and making them inaccessible to legitimate users, the Krebs attack expanded in scale by using compromised Internet of Things devices like security cameras to build a botnet.
After the attack on Krebs' website, the code used to build the botnet leaked online, making more massive DDoS attacks all but inevitable.
Security researcher Bruce Schneier reported in September that several internet infrastructure companies had been targeted with DDoS attacks, although they had not caused the kind of widespread outages experienced today.
Summary Source | FAQ | Theory | Feedback | Top five keywords: attack#1 Dyn#2 DDoS#3 used#4 around#5
Post found in /argentina, /The_Donald, /inthenews, /Comcast_Xfinity, /news, /realtech, /battlefield_one, /cCloud, /news, /TheWatchTowers, /DailyTechNewsShow, /ScienceUncensored, /gadgets, /2007scape, /worldnews, /technology, /NoFilterNews and /PoliticsAll.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

An interesting problem social media is disappearing. DNS Server cannot be contacted. OMG Technical problem? I think not. Twitter down.

This is an automatic summary, original reduced by 74%.
Dyn's general counsel Dave Allen added that, with the help of other infrastructure companies Akamai and Flashpoint, Dyn has determined that some of the traffic used in the attacks comes from the Mirai botnet, a network of infected Internet of Things devices used in other recent large-scale DDoS attacks.
Although DDoS attacks are sometimes accompanied by extortion letters that ask a company to hand over bitcoin in exchange for ceasing an attack, Dyn said it has not received any messages from its attackers.
The DDoS attack on Dyn follows on the heels of one of the largest DDoS attack in history, which used the Mirai botnet to target the website of independent cybersecurity journalist Brian Krebs.
Although DDoS attacks have historically used large networks of compromised computers called botnets to send junk traffic to sites, overwhelming them and making them inaccessible to legitimate users, the Krebs attack expanded in scale by using compromised Internet of Things devices like security cameras to build a botnet.
After the attack on Krebs' website, the code used to build the botnet leaked online, making more massive DDoS attacks all but inevitable.
Security researcher Bruce Schneier reported in September that several internet infrastructure companies had been targeted with DDoS attacks, although they had not caused the kind of widespread outages experienced today.
Summary Source | FAQ | Theory | Feedback | Top five keywords: attack#1 Dyn#2 DDoS#3 used#4 around#5
Post found in /The_Donald, /inthenews, /news, /Comcast_Xfinity, /realtech, /battlefield_one, /cCloud, /news, /TheWatchTowers, /DailyTechNewsShow, /ScienceUncensored, /gadgets, /2007scape, /worldnews, /technology, /NoFilterNews and /PoliticsAll.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

Bitcoin Security and Recent Thefts and the NSA

There is a failure of security on the internet.
Today there were 2 stories of the theft of bitcoins
  1. fr33a.com
  2. Ottawa bitcoin exchange defrauded of $100,000 in 'ridiculous' heist
Not to mention the on going Gox fiasco and the dozens of high profile thefts that have occurred in the last year plus numerous smaller thefts many of which probably never come to light.
I don't believe that bitcoin is inherently insecure. Nor do I believe that the possession of bitcoin should be beyond the reach of the average individual.
I do, however, believe that the price of bitcoin and the irrevocability of transactions have made bitcoin a high profile target.
Previously systems have remained unexploited and clean from botnets, viruses, etc., not because of exceptional security, but because there simply was nothing worth stealing.
Now there is.
Bruce Schneier has recently called for the restructuring of the NSA..
Specifically, from the Snowden revelations, it has come to light that the NSA is actively undermining the security of the internet.
I believe the NSA working to undermine security is the wrong approach.
Schneier states:
Much of the current debate in the U.S. is over what the NSA should be allowed to do, and whether limiting the NSA somehow empowers other governments. That's the wrong debate. We don't get to choose between a world where the NSA spies and one where the Chinese spy. Our choice is between a world where our information infrastructure is vulnerable to all attackers or secure for all users.
We all should encourage our representatives to press for the changes Schneier recommends.
If the NSA were actively working to enhance security on the internet all of our coins would be safer.
submitted by optimator999 to Bitcoin [link] [comments]

Moving crypto coin from coinbase to wallet/exchange Crypto Scammers Strike Back  Blockchain Caffe Quanto vale Bitcoin adesso ?  Blockchain Caffe Bitmain Release S15 & T15 Bitcoin Miners (7nm) YouTube

Bitcoin is hovering around $3,600 handle, down 1.5% since the start of the day. The first digital asset retraced from the recent high of $3,707 late o Bruce Schneier is a smart guy. He has connections to Harvard University, works for IBM (via IBM Resilient), is the author of numerous books, and also was published recently by Wired on the topic of blockchain. The op-ed he wrote was very critical of blockchain, and questioned its utility. One of the ideas that Schneier’s […] Bruce Schneier Says Cryptocurrency is ‘Honestly Useless’ February 10, 2019 Bede IC Cryptocurrency 0. The opinion of Harvard University cryptographer and technology researcher Bruce Schneier is that cryptocurrency is useless to anyone other than individuals trying to move money without being noticed by the government. Schneier believes that the aims of Bitcoin according to its original ... According to Harvard's cryptographer, digital money fail to perform their duties. Harvard's cryptographer Bruce Schneier claims that crypto currencies are useless, it is used by criminals which try to transfer money from accounts to accounts hiding it from the government. He says that Bitcoin does not manage to deal with its tasks, it is difficult and risky to use it. The expert reminds that ... If your bitcoin exchange gets hacked, you lose all of your money. If your bitcoin wallet gets hacked, you lose all of your money. If you forget your login credentials, you lose all of your money. If there’s a bug in the code of your smart contract, you lose all of your money. If someone successfully hacks the blockchain security, you lose all of your money. In many ways, trusting technology ...

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Moving crypto coin from coinbase to wallet/exchange

How can users who buy cryptocurrencies through KYC/AML compliant exchanges protect their privacy? What is the arrangement between these exchanges and analyti... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Blockchain/Bitcoin for beginners 7: ... Cannabis Grow Lighting Myths and FAQs with Dr. Bruce Bugbee - Duration: 44:12. Apogee Instruments Inc. Recommended for you. 44:12. Introduction to Bitcoin ... Christopher Voss created his company Black Swan based on the skills learned as a negotiator in hostage situations. #FBI #Negotiation #Conference Get social w... This is a quick video I did for some friends who wanted to know how to move CryptoCurrencies in and out of wallets/exchanges/purchase houses.

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