- cypherpunks - lists.cpunks.org

re: Cryptocurrency: Brings Down GovBankCorp
by Punk 23 Jul '19

23 Jul '19

grarpamp wrote: >Bitcoin's price dipped after Trump's negative tweet. correlation is not causation >> as to 'digital cash'* bringing down governments, that's just fantasy. > A digital "cash / currency"... those terms are containers > into which people dump various descriptive words and > capabilities in order to try to define them, you can define 'digital cash' as having the best properties you can wish for - and govcorp will still be able to attack THE USERS more or less easily. Point being, crypto systems by themselves are powerless. >> *cryptocurrencies are not cash AT ALL since they require massive infrastructure > The infrastructure need only do some list of useful things > such as keep accurate ledger, run timely and relatively > inexpensive tx processing, and cost more in distributed > collective defense than any attacker can muster or gain > from offense. "Massive" (which you failed to define) is > not necessarily a requirement. massive infrastructure is the #1 requirement. In order to have 'digital cash' you need foundries, each one costing 5000 million dollars(all of them currently owned by govcorp of course) and a global telecom network. As we all know the global telecom network is the NSA's spying network ususally referred to as 'the interweb'. And to produce the hardware that makes up the interent we need a few 10s or 100s of billions to pay for more foundries, optic fiber and whatnot. THAT is the infrastructure needed for 'digital cash'. Compare that to the costs of gold... > > all depend on ONE unique ledger > > Most cryptocurrencies that utilize a single unique ledger > do so in a redundantly distributed fashion, etc. yes, the ONE ledger is managed in a distributed fashion, but it still is ONE ledger. Well except in things like the lightning network where channels are actually peer to peer. But even if the second layer is more decentralized, it still relies on the base layer acting as a clearinghouse. So there still is a centralized bottleneck. >Unlike N different central "cash" or Gold ledgers where N is the number of accounts you have at such GovCorpBank well that's my point. Systems that require a ledger are centralized by design. The moment you start using a ledger supposefly based on gold you are not using gold anymore. Just 'golden' IOUs. >> even govt paper bills are real cash, they are actually >> decentralized and anonymous. >If those are your exclusive set of words you like to >define "cash" by, then that "cash" works for you. what I mean by 'cash' is a something that doesn't need a middleman. I can pay you using bits of metals, or even physical bills issued by a govt mafia, without needing an internet connection and without anybody knowing that the transaction took place apart from us two. Digital 'cash' does not have those properties. >However "govt paper" implies government exists, which is most certainly not an ideal situation. of course. The drawback of physical bills is that the govt can print tons of them. But apart from that, we can use bills to make transactions that are 'anonymous' and don't go through any central clearinghouse. >And "decentralized", living somewhere between a single point dot and 100% distributed amongst all peers, can have certain risks and mindfulness needed as well. by decentralized I mean that transactions using 'physical tokens' do not need to be recorded in or go through any unique database for them to work. And by the way, that's how barter and money worked since the dawn of history. Banking was a step BACKWARDS. >> Gold and other commodities >That only works within your range of personal travel. yes and? You see, freedom isn't free and there's no 'free lunch'. You can personally manage your own money, or let god's choosen master race do it... >When you start wanting to "transmit" gold, then you have to create transmission systems for physicals and messages, create ledgers, oops, so you're not using gold anymore, as pointed above. >create trust and security systems and etc that can span that distance. So in order to effectively transmit gold, you've essentially created a cryptocurrency system to do so, at which point gold itself can and will likely become moot. lawl, gold would be the source of that currency's value, so not 'moot' at all. Still, such systems are a FAILURE by design. >The real problem is that you created and allowed the wrong cryptocurrency system ie: GovBankCorp as the first such generation of a transmission system. well yes a honest banking system is theoretically possible. But to get one we need to burn down wall street with all the bankers included. Burn them alive. So who's going to do that? >You now have more or less all of the crypto and tools needed to create a far better transmission system. wrong. >Most of humanity does not currently desire to moving society back to your quaint local agrarian communes or whatever it is your aggression is advocating for. what 'agression' are you talking about >Cryptocurrency can work via sneakernet and even by hand calculation... it just becomes extremely slow. lawl - pointless comment. >The minimum general assumption in cryptocurrency is that both electricity and digital communication and computation methods will remain up and generally accessible to everyone. an absurd assumption that stupidly ignores the fact that the digital infrastructure is fully owned by govcorp. Hey, you can't even talk about 'cryptocurrencies' in the 'libertarian' 'cryptography' mailing list. >At which point, so long as society and ultimately human DNA maintains the desire for a "forward" progress that includes electricity comms and compute tech, yeah, techno 'progressive' garbage which you actually do not understand. >GovBankCorp Fiat will remain below Gold which will remain below Cryptocurrency which becomes top dog and moots all others. gold isn't below 'cryptocurrencies' at all. Except in the minds of 'techno' 'optimists' who are useful idiots for the NSA. >Maintain fallbacks in the mix as you wish. But don't be so stupid as to continue to allow GovBankCorp to rule over and keep you in slavery. I'm simply pointing out that your 'digital cash' is worse than gold and that believing that it would 'magically' overthrow governmetn is laughable wishful thinking or worse. >No one ever said crypto was invulnerable to global thermonuclear war, lolwut. Crypto is completely vulnerable to a bunch of peopel being thrown in jail for 'money laundering', a bunch of 'mining farms' being raided, etc etc. > they just said you'll have MUCH bigger problems than worrying about where your crypto, "cash", or gold is. If you're smart, you'll end government before they can reach for the launch keys. yeah and I dont need you and your $5b 'progressive' foundries to tell me that. @InsertNameSpace said: Capitalism cannot thrive with a socialist central banking system, capitalism? The hell is that?. As to the current 'progressive' and 'digital' economic system it works perfectly well with central banking, does it not. >"The United States government is a foreign corporation https://en.wikipedia.org/wiki/Flag_of_the_East_India_Company >Benjamin Franklin of Pennsylvania once gave a speech endorsing the adoption of the Company's flag by the United States as their national flag. He said to George Washington of Virginia, "While the field of your flag must be new in the details of its design, it need not be entirely new in its elements. There is already in use a flag, I refer to the flag of the East India Company."

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U.S. Justice Department launches antitrust review of big tech firms - Reuters
by jim bell 23 Jul '19

23 Jul '19

https://www.reuters.com/article/us-usa-tech-justice-idUSKCN1UI2QM --- SmartNews http://bit.ly/smartnews-app

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Attorney General Bill Barr says increased data encryption on phones actually puts American security at risk
by jim bell 23 Jul '19

23 Jul '19

https://www.marketwatch.com/story/attorney-general-bill-barr-claims-increas… --- SmartNews http://bit.ly/smartnews-app Jim Bell says:. Nonsense.

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What is the government trying to achieve?
by Ryan Carboni 23 Jul '19

23 Jul '19

I remember making a reply to a tweet by a major blogger on twitter. Not bluechecked because real men use pseudonyms. His responses came off as someone who was being coy and totally unexperienced with his own work. I’m not clear what is the intellectual capacity of the standard investigator, but it does seem to be this: 1. Be coy. 2. ??? 3. Obtain evidence for a prosecution. Although I’m unclear how this works when impersonating a blogger opining about the decline of American stature and ineptitude of the US political elite. Yes, this whole thing is ironic and will likely result in a hundred thousand page report if it ever becomes public. Sent from ProtonMail Mobile

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What good is the cypherpunk philosophy?
by Ryan Carboni 23 Jul '19

23 Jul '19

What good is the cypherpunk philosophy? There are apparently five organized crime families. No doubt the FBI is wiretapping them, but they can't seem to make any headway. The US government has more luck with intercepting low level drug runners, usually those they didn't have specific warrants on. The cypherpunk philosophy can't make public knowledge any more public than it already is. The failure to act is a human failing, not a technological one. The design of systems meant to prevent quick and secure options in a world where every corporation has been breached is human stupidity, clearly. The violation of expectations that online computer systems are authoritative sources of authentication should be more inviolable than it is, though the government may very well have a wanton disregard for social norms. I wonder what would the US government do if there is extensive video evidence that the country's leaders are largely pedophiles. First they would assume the videos are fakes. There is still the issue that most of the videos are apparently unique compared previously seized or circulating materials. Anyway, in ten years, there won't be a need for more than a total of 5 public IPs on the entire internet. Sent with [ProtonMail](https://protonmail.com) Secure Email.

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Cashless in Sweden.
by jim bell 22 Jul '19

22 Jul '19

How going cashless allows Big Brother to spy on your every move https://mol.im/a/7244877 via http://dailym.ai/android

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Cryptocurrency: CNBC: Mnuchin: US has 'very serious concerns' that Facebook's Libra could be misused by terrorists
by grarpamp 22 Jul '19

22 Jul '19

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BOO! "Why the Ghost Keys `Solution’ to Encryption is No Solution"
by Razer 22 Jul '19

22 Jul '19

From justsecurity.org A National Security wonkblog https://www.justsecurity.org/64968/why-the-ghost-keys-solution-to-encryptio… Also: Give Up the Ghost: A Backdoor by Another Name (Jan 2019) https://www.justsecurity.org/62114/give-ghost-backdoor/ Rr Sent from my Androgyne dee-vice with K-9 Mail

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Top Gun: Maverick
by grarpamp 22 Jul '19

22 Jul '19

https://www.youtube.com/watch?v=FIskWMtCFAw

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The cert of nap.bg and the recent bulgarian tax SNAFU
by Georgi Guninski 21 Jul '19

21 Jul '19

Since 2019-07-15 there is a major SNAFU in the BG tax authorities. World and dog tax information and ID leaked on the interwebz. I have sporadic SSL failures connecting to https://nap.bg with firefox, lynx and openssl s_client. e.g: $ openssl s_client -connect nap.bg:443 Verify return code: 21 (unable to verify the first certificate) On the other hand, ssllabs.com claims the Cert is OK, grade B. Is the cert of nap.bg OK?

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