I should imagine that they will go rather cheap too...even though the value of a bitcon has shot through the roof...Bitcoin sounds like a lovely idea...the ability to exchange value anonymously, without the prying eyes of the state, privacy and security gained through anonymity....but when it comes to the practice...what do we get? Marry bitcon up to TOR and encryption and we have the best of all possible worlds...except when one reads the various articles on Cryptome, research into various aspects of Bitcoin and TOR and encryption uncovers a number of...let us say...entry points for the third man to enter in. And these days of course, it is no longer about the third man, but the fifth and the sixth. I feel sorry too, for those liberationists, revolutionaries, or extremists and militants...depending on one's view and interpretation and standpoint, who have accepted a number of different pieces of software which they have been assured was virtually unbreakable and could be used to advance the cause of Islaamic liberation, or Chechyen freedom, only to find that software to crack the same has been sold to the intelligence services of the very state which they were trying to change or overthrow...And it matters not whether the currency is pounds, dollars, or euros or yuan...the buck does not stop here.
It is the very nature of the State, whether it be the nation state or the international state comprised of the various ruling classes and corporations, where both competition and cooperation are on the agenda, that they all need the funding to run the various forms of control, whether it be ideas and preferences, but in particular, tax collection, and censorship of extremist, whether they be interpreted as fascist, libertarian, fundamentalist views, or various forms of criminal behaviour from child molesting to money fraud. What is the difference between a child killed in a war, or many a child killed by the missile from a predator drone and child abuse. The answer lies in the legality, the lord of the manor loves children, but has the right, or should I say the power to sleep with the bride...and so it has always been. Who invented TOR, who is using TOR....who is using Bitcoin. Where a method of exchanging value becomes large enough, then the State becomes interested in taxing it, licensing it, controlling it. Bitcon is no different.
Personally, I have never used TOR or bitcon...and rarely encyrption such as pgp or Falsecrapped.... a) because I have never had a need to use it. b) because it means that I have to install a piece of software on my computer which acts as a server and passes on data and information which might not be in my or my childrens best interests...and c)...because I have never considered it to be as secure as its proponents suggest.
The dilemma I have is how does one protect privacy and make ones transactions secure...Keeping ones transactions secret...appears...in the light of recent developments...to be impossible. If one encrypts, then immediately the intelligence and security services pick up on it, they automatically monitor and "collect" it until such time as they can decypher it. That is not the problem, it is where software is used maliciously to subvert, or undermine the ordinary citizen who wishes to go about his/her business. Whether this be through negotiation of international contracts in a fair or impractical way, or having some respect for ones health or illness records.
Would you trust a cheap deal from the FBI or any state organisation for that matter? And, they were obviously selling the stuff surreptiously...but for what purpose, getting rid of value...or gaining more intelligence.
Such is the way of the world. With kind regards. Dougie. On 20/06/14 19:43, Aftermath wrote:
a few days old; just came across the list now on the verge website: http://www.theverge.com/2014/6/19/5825578/heres-a-list-of-who-wants-to-buy-silk-roads-bitcoins-leaked-by-a-us Daniel Folkinshteyn, assistant professor at Rowan University Malcolm Oluwasanmi, chairperson of Little Phoenix Investment Group Fabrice Evangelista, quantitative arbitrage at BNP Paribas Michal Handerhanm, co-founder and COO of Bitcoin Shop Dave Goel, managing general partner of Matrix Capital Management Dinuka Samarasinghe, investment professional Chris DeMuth Jr., Rangeley Capital Fred Ehrsam, co-founder, Coinbase Jonathan Disner, corporate counsel at DRW Trading Group William Brindise, head investment manager at DigitalBTC Michael Moro, director at SecondMarket Jennifer R. Jacoby, lawyer at WilmerHale Sam Lee, co-founder, Bitcoins Reserve Shem Booth-Spain, artist and musician Avarus Corporation