On Tue, Dec 9, 2014 at 1:16 PM, Anne & Lynn Wheeler <lynn@garlic.com> wrote:
The CA-industry had a lot of hype about supposed need for branded CA institution. ... records were conveyed to the CA, where the bits would be swizzled into a digital certificate for the small price of $100/account. ... We then went to some Federal LEOs and were told that investment bankers were like that.Many of the investment bankers involved in the internet bubble IPO mill (put in a few tens millions, hype for couple yrs, IPO for couple billion, and then fail, leaving the field open for the next round of IPOs), had previous walked away clean from the S&L mess and were predicted next to get into mortgages.
First thing I remember thinking about the whole CA cert game way back years ago when people started thinking they needed certs, at $100++ per year, as opposed to verified and pinned self signed for the sites you care about, was... wtf, why?, scam!!! Turns out, it's actually shaping up to be the greatest internet swindle of all time. Hook, line, sinker. Here's another old crony network being exposed and replaced... https://www.youtube.com/watch?v=YABLAc2pEAk http://imgur.com/50tnTli [Sure, after all the coins are mined you have to model the then steady state tranfee and thin client ecosystem, but still.]