December 2017 - cypherpunks - lists.cpunks.org

Crypto Documentary: Banking On Bitcoin
by grarpamp 03 Dec '17

03 Dec '17

Not since the invention of the Internet itself has there been such a controversial technological creation as Bitcoin. Bitcoin is the most disruptive invention since the internet, and now an ideological battle is underway between fringe utopists and mainstream capitalism. Bitcoin's early pioneers sought to blur the lines of sovereignty and the financial status quo. After years of underground development, Bitcoin grabbed the attention of a curious public – as well as the ire of the regulators the technology had subverted. Yet after landmark arrests of prominent cyber criminals, Bitcoin, which actually surged on election night, still faces its most severe adversary, the very banks it was built to destroy. Trailer https://www.youtube.com/watch?v=tmxqlSevtkQ Full movie https://www.youtube.com/watch?v=Zc41H8oqPik Website http://gravitasventures.com/banking-on-bitcoin/

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Taxes: We Take Them... You Perfectly Legal Advantage Discoverers... Over The Slow Lane
by grarpamp 03 Dec '17

03 Dec '17

https://www.reddit.com/r/news/comments/7h18kr/us_senate_passes_sweeping_tax… https://www.reddit.com/r/worldnews/comments/7h32pv/shouting_pay_your_taxes_… https://arstechnica.com/tech-policy/2017/11/comcast-quietly-drops-promise-n…

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Re: [Cryptography] Cryptocurrency: CME Approved, Coin Paychecks, FED, OpenBazaar ZEC BCH
by grarpamp 03 Dec '17

03 Dec '17

On Sat, Dec 2, 2017 at 4:29 PM, Dave Horsfall <dave(a)horsfall.org> wrote: > Didn't Bitcoin just plummet by 20%? It was all over the business pages Cryptocurrency seems a different underlying perspective... https://i.redd.it/yupauofcel101.jpg > I wouldn't invest in anything that I couldn't exchange for the shiny stuff; > isn't that called "fungible" or something? No, that's called ability to barter, often occurring on third party exchange, which is specialized market in market economy... https://wikipedia.org/wiki/Fungibility https://wikipedia.org/wiki/Barter https://wikipedia.org/wiki/Exchange_(organized_market) https://wikipedia.org/wiki/Market_(economics) https://wikipedia.org/wiki/Market_economy There should be little problem exchanging retail amounts of crypto, at minimum there are... https://wikipedia.org/wiki/Digital_currency_exchange > Precious metals "should" never go down Not really, and since they're put to market, they do all the time. In fact, everyone's precious Gold has *lost* 31% of its spot since July 2011, was a complete bear from 1980 to 2001, and only went up a puny 7.4x in 11y to 2011, not even a third doubling. For 28 out of 47 years since 1971, it lost, at least in terms of USD. The IMF killed off the last gold backed fiat (Swiss) in 1999. https://www.bloomberg.com/markets/commodities/futures/metals http://www.kitco.com/ https://wikipedia.org/wiki/Gold Here is a price chart of a new [crypto] currency being adopted... https://blockchain.info/charts/market-price?timespan=all You can play around with historical forex charts online to compare behaviour of other currency sets.. > diamonds are only as valuable as deBeers wants them to be (or Then change the price.... prospect and stake your own claims, switch to lab / simulated versions or other shiny dirt rocks, or quit buying them as bling.

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Cryptocurrency: CME Approved, Coin Paychecks, FED, OpenBazaar ZEC BCH
by grarpamp 02 Dec '17

02 Dec '17

https://www.reddit.com/r/Bitcoin/comments/7guuzz/cme_approved_to_launch_fut… https://twitter.com/CNBC/status/936582388347539456 CME approved to launch crypto futures trading on December 18th. https://www.reddit.com/r/Bitcoin/comments/7gu7ow/yesss_my_boss_just_decided… Getting salary in crypto https://www.reddit.com/r/Bitcoin/comments/7guh08/this_bitcoin_chart_is_insa… Printing money https://github.com/OpenBazaar/openbazaar-go/pull/775 https://twitter.com/openbazaar Now with Zcash and Bitcoin Cash

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Re: Magic Money: The Bitcoin Revolution (Documentary)
by g2s 02 Dec '17

02 Dec '17

-------- Original message --------From: juan <juan.g71(a)gmail.com> Date: 12/2/17 9:12 AM (GMT-08:00) To: cypherpunks(a)lists.cpunks.org Subject: Re: Magic Money: The Bitcoin Revolution (Documentary) On Sat, 02 Dec 2017 07:58:24 -0800 g2s <g2s(a)riseup.net> wrote: > As i was saying. Youre just another gambling scumbag capitalist who > apparently doeant know what the word "currency" means. >> right, bitcoin isn't much of a currency yet cause it's not widely accepted. It never will be as long as its a gambling casino. Do you ever think it will stabilize enough as long as libertard scumbags and the scumbag coders who were responsible for flash trading indexes of derivatives of futures can make bank on it in REAL CURRENCY? ROTF no. Not ever. People like Bell and co have the ethics of fleas, and other parasites. Something i suspect TimMay got out of the industry too early to see. And besides the league he was playing in was much different than 99.9% of people in the industry today. That .1% is still there, but they tend not to be gamblers. Their minds are doing other sorts of calculations. > Bitcoin and > the like are OBVIOUSLY a Pyramid Scam brought to you by the same > Flash Trading ethics that destroyed your markets and economies.. >> that's a half truch. At least some people buy bitcoins because of its good properties while other people buy just because they are greedy, brain dead gamblers. As long as the gamblers outnumber the people who would like it to be a stable currency the situation remains. >> although bitcoin is a form of 'fiat currency' it has more legitimate value than the competing garbage money produced by government Legitimate value of a poker chip without anything tangible backing it. Not even a casino whose property you can sue to take a piece of, or a one-arm bandit as payoff to put in your den. Rr > GoldmanSachs and their scumbag financial friends PWN U Or for all I > know, you work for them and thats why You're peddling their snake > oil. Rr

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Re: Magic Money: The Bitcoin Revolution (Documentary)
by g2s 02 Dec '17

02 Dec '17

C -------- Original message --------From: grarpamp <grarpamp(a)gmail.com> Date: 12/1/17 4:01 PM (GMT-08:00) To: cypherpunks(a)cpunks.org Subject: Re: Magic Money: The Bitcoin Revolution (Documentary) >> Hahaha! Imagine the mayhem if the US dollar lost 20% of its value >> overnight. Bitcoin's potential worthiness has been maneuvered by the same >> scumbags who ruined the financial markets with flash trading to be a >> Pyramid Scam only truly stupid people would believe in. Or scam artists like >> the libertard shits infesting this list. > >> Bitcoin loses over a fifth of its value in less than 24 hours >> https://www.reuters.com/article/us-global-markets-bitcoin/bitcoin-loses-ove… >> >> Tim May was wrong. Btc is Pwnd. > > I'm not going to let you forget that as a consequence of my October 7, > 20177:00PM (Prague time) Prague speech, Bitcoin went from about $4300 to > $5800 in six days. Raising the value of all Bitcoin by $24 billion. > > And don't forget: Well before that, I TOLD the CP list to "Buy Bitcoin" Article was irrelavant and old the minute it was posted. Cryptocurrency doesn't give a fuck and will continue to rise. Traders in that vein are ready to buy such dips, and 20% is normal. As i was saying. Youre just another gambling scumbag capitalist who apparently doeant know what the word "currency" means. Bitcoin and the like are OBVIOUSLY a Pyramid Scam brought to you by the same Flash Trading ethics that destroyed your markets and economies.. GoldmanSachs and their scumbag financial friends PWN U Or for all I know, you work for them and thats why You're peddling their snake oil. Rr

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short essay Dystopia: Worm destroys half of the computers
by Georgi Guninski 02 Dec '17

02 Dec '17

I wanna be a paperback writer ;) Updates will be on http://j.ludost.net ====== Dystopia: Worm destroys half of the computers by Georgi Guninski, 2017-12-02 ver. 1.0 Allegedly Steven Hawking said: “I think computer viruses should count as life ... I think it says something about human nature that the only form of life we have created so far is purely destructive. We've created life in our own image.” On a cold sunny winter day a worm destroyed half of the computers. It exploited few zero days in the BIOS remote management system which is OS agnostic. By design the worm was destructive. It flashed all firmware it could and did physical damage turning the device into unbootable “brick”. Wiped all data from device's storage too. If the worm could connect to the management port the device was essentially owned. Antivirus warez didn't help since they didn't have a change to note any “anomaly”. The implications on the real world were severe. Severely malfunctioning were shops, hospitals and a lot of other stuff. Older generation worms like ILOVEYOU, WannaCry looked like wanted security updates compared to the worm. Some service providers were so little screwed up, if they wanted to be up, they had to offer free services to all. Cynics joked this was the first real beta testing of communism. Crazy people claimed Pink Floyd predicted the mess around 1980 by singing “Waiting for the worms to come”.

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MERRY CHRISTMAS: MAKE CHRISTMAS YULETIDE AGAIN
by Yule 02 Dec '17

02 Dec '17

Wishing you anons a joyful Yule season. [pic related] --- -Yule.

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Re: [Cryptography] Cryptocurrency: CME Approved, Coin Paychecks, FED, OpenBazaar ZEC BCH
by grarpamp 02 Dec '17

02 Dec '17

On Fri, Dec 1, 2017 at 8:51 PM, Tamzen Cannoy <tamzen(a)cannoy.org> wrote: > Welcome to 1928, when even paper boys bought stocks because the market could only go up.Until it diddn't. Shares are evaluated based on ability of company to return capital plus profit. There is always a point at which further upward valuation becomes unpalatable to a rational investor. Cryptocurrencies, certainly "Bitcoin", do not generally / currently pull in resources on the backside, thus are incapable of return in that fashion. Thus invalid comparison. > There are people on my local Nextdoor.com asking if they should > be investing in bitcoin. At $10K/coin. Should first minimally learn or be instructed what an eight decimal ledger vs "coin" is. Evaluating cryptocurrency is totally different than evaluating shares of IBM. > No, not unless they started 10+ years ago. Basic math on an upheld promise of cryptocurrency says there's plenty of % gain to be had over the future. Some will concur and stake a position, some won't. There was no 10+ years ago, and not relavant since you can't invest a coin into itself (lending it isn't that either). > It’s a tulip bubble All purchased tulips either died and returned to non reconstitutable molecules, or spawned upon the owners with various term success. Ledger ownership and existance of most cryptocurrencies continues indefinitely by design, and in the case of "Bitcoin" has both an agreed known and fixed final quantity and issuance curve. Thus invalid comparison. > and it is going to wreck a lot of people’s lives They are free to choose their allocations. Historically more likely to be wreckage among fiats. Stay agile. > and set back crypto-currencies in general. There is no such back in the box, nor will development be abandoned by all.

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Cryptocurrency: Baltic Honeybadger 2017, Death of Money
by grarpamp 02 Dec '17

02 Dec '17

https://bh2017.hodlhodl.com/ Andreas Antonopoulos - Privacy, Banks, Rights, Anonymity https://www.youtube.com/watch?v=w4uysldnzio Huge intro speech! Schedule https://bh2017.hodlhodl.com/ Day 1 https://www.youtube.com/watch?v=DHc81OL_hk4 Day 2 https://www.youtube.com/watch?v=BLqm2FNOmbU Conference Trailer https://www.youtube.com/watch?v=1pW4CowQdpE Sponsor Hodl Hodl Bitcoin Exchange https://testnet.hodlhodl.com/ Death of Money https://www.youtube.com/watch?v=WzjCMNQZB2Y https://www.youtube.com/results?search_query=antonopoulos+london+real

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