Cryptocurrency: Snowden on Privacy, CoinJoin Wasabi CashShuffle Samourai, War on Cash, Global WiFi Surveillance Systems
https://www.youtube.com/watch?v=w7XpI0fRnIg One of Snowden's better treatises on privacy, at Bitcoin 2019. Well worth the watch. End the tribal... renewed joint comms effort urgently needed among all cryptos toward rapid mass adoption... https://www.youtube.com/watch?v=f5vgAKYjs_4 https://www.youtube.com/watch?v=30sjEW70rLE Bitcoin Sucks! https://www.youtube.com/watch?v=tBu_KAp7XKs https://www.youtube.com/watch?v=0VMkNstyvSQ https://www.youtube.com/watch?v=iRlM-R7MjtY Massive WiFi Surveillance! - wigle.net, Credit Cards... https://www.youtube.com/watch?v=KXEe2kqiYIM wifi Private Surveillance, Joins https://www.youtube.com/watch?v=Up-4rqraMh0 haven https://www.youtube.com/watch?v=A2Gm5yPFMWY https://www.ccn.com/i-dont-think-bitcoin-will-last-forever-nsa-whistleblower... https://www.youtube.com/watch?v=YUhFf6K-SU8 NSA whistleblower and privacy advocate Edward Snowden said that he believes Bitcoin will eventually be supplanted by another cryptocurrency that does not utilize a public ledger. Snowden, who made this statement earlier this month at a Blockstack event in Berlin, said that he believes Bitcoin’s chief drawback does not have to do with its ability to scale — as many critics allege — but rather its lack of privacy. “Everybody is focused on the transaction rate limitations of bitcoin being its central flaw, and that is a major one, but I would argue that the much larger structural flaw, the long-lasting flaw, is its public ledger,” he said via webcam. “That is simply incompatible with having an enduring mechanism for trade, because you cannot have a lifelong history of everyone’s purchases, all of their interactions be available to everyone and have that work out well at scale.” “I don’t think Bitcoin will last forever,” added Snowden, who hinted that he had used Bitcoin in 2013 to conceal his identity while preparing to release classified National Security Agency (NSA) documents documenting privacy abuses — including some that showed the NSA was actively spying on Bitcoin users. “Bitcoin does important work and I do think it will have enduring value for a long time, but particularly when we look at the core development team and their rate of improvement to the protocol, they simply need to better or they will not be able to compete,” he continued. Snowden said that he is most interested in privacy-centric cryptocurrencies like Zcash, which obfuscate blockchain data to allow users to verify the integrity of transactions while keeping them private from would-be snoopers. “When we talk about which cryptocurrencies are interesting to me, I’ve said it before and I’ll say it again, Zcash for me is the most interesting right now, because the privacy properties of it are truly unique, but we see more and more projects that are trying to emulate this and I think this is a positive thing.” Snowden added that he had tested Monero and a variety of other privacy-centric coins, though in the past he has said that he feels more comfortable with Zcash since it has been developed by academic cryptographers. Joe Rogan #1368 - Ed Snowden https://www.youtube.com/watch?v=efs3QRr8LWw
On Thu, 12 Dec 2019 20:03:27 -0500 grarpamp <grarpamp@gmail.com> wrote:
NSA whistleblower and privacy advocate Edward Snowden said that he believes Bitcoin will eventually be supplanted by another cryptocurrency that does not utilize a public ledger.
snowden also said that the NSA can't break tor. In other words, snowden is an asshole capable of saying whatever garbage crosses his mind.
Bitcoin will eventually be supplanted by another cryptocurrency that does not utilize a public ledger.
When well informed about and given two cryptocurrencies to choose from, each equal in all respects but one being public and the other private, people will choose the latter for being closer to cash metals etc levels of privacy. It is woefully unfortunate that the first cryptocurrency Bitcoin-BTC did not offer much therein thus setting and tricking the entire space into abysmally low thought expectations for a decade. Privacy, non-history UTXO state db's, much higher tx rates, low fees, distributed, minimal features, no premine, founders, tax, stakes, or governance... and cross chain DEX (CCDEX)... as before, all likely to be among a list of elements needed for a crypto"currency" to survive long term. BTC and other legacy coins lacking therein, will face very significant competitive pressures in the marketplace, not least of which in race to contend as a digital analogue to physical cash, metals, cows, etc... money, currency. Overall, BTC has already fallen to 65% mktcap and 1/850 active currencies. Lame metrics but conveys point.
snowden also said that the NSA can't break tor.
Such blanket context is unlikely.
On Fri, 13 Dec 2019 18:54:14 -0500 grarpamp <grarpamp@gmail.com> wrote:
It is woefully unfortunate that the first cryptocurrency Bitcoin-BTC did not offer much therein thus setting and tricking the entire space into abysmally low thought expectations for a decade.
hard to tell if bitcoin's limitations were there on purpose or the author didn't know better. At any rate on-chain scaling doesn't...scale, and the problem gets worse when you add privacy features. On the other hand, I'd expect bitcoin developers to fix bitcoin's problems or be outcompeted bottom line : fuck snowden
snowden also said that the NSA can't break tor.
Such blanket context is unlikely.
wut "EGOTISTICALGIRAFFE was an NSA program intended to exploit a vulnerability in certain Web browsers running Tor, since they couldn’t break Tor itself."
‐‐‐‐‐‐‐ Original Message ‐‐‐‐‐‐‐ On Friday, December 13, 2019 11:54 PM, grarpamp <grarpamp@gmail.com> wrote:
Privacy, non-history UTXO state db's, much higher tx rates, low fees, distributed, minimal features, no premine, founders, tax, stakes, or governance... and cross chain DEX (CCDEX)... as before, all likely to be among a list of elements needed for a crypto"currency" to survive long term.
I feel much identified with these requirements which fulfilled by usps, specially 'non-history UTXO state db's', DEX, tax, privacy and maximum distribution: http://otheravu4v6pitvw.onion
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