Cryptocurrency: Anonymous to Invest $75M of Crypto to Develop Privacy Coins and Anon Tech

[jim bell]

 This Fund, and perhaps implied offer, seems to have arrived at just the right time.   I have proposed that an alternative to TOR be constructed, and that is certainly not an idea that is new with my proposal. Anybody who is uncomfortable with TOR should want to see real competition.
I have found, by obtaining a quotation, that the hardware costs are probably going to be $80 per node, and it would be good if 1000 nodes could be achieved, at least initially.  People could host these nodes at their businesses and homes where they are already paying for Internet service.  
I think we should appply for some of these funds.  Potentially, they could subsidize the hardware, say $80,000.   They could also subsidize a portion of the internet service costs:  I suggest the subsidy be set to approximately difference between the cost of 40 Mbit/second service, maybe $40 per month, and 1 gigabit/second service, which for Centurylink I believe to be $65/month.  (and there appears to currently be no monthly data-limit for 1 Gig service.)
This would powerfully motivate people to offer to host a node, because they would be getting the 1 gigabit service upgrade essentially for free.  This might also provide funds for development of the software, which is a task in itself.  A subsidy of $25/month is about $300/year, and multiplied by 1000 nodes amounts to $300,000, or a total of about $380,000 for the first year.  
Can anybody imagine a more worthy, concrete proposal to accomplish what this 'Unknown Fund' proposes to accomplish?  And its yearly cost represents less than 1/2 of a percent of the proposed fund.  
           Jim Bell


    On Thursday, November 14, 2019, 01:48:41 PM PST, grarpamp <grarpamp at gmail.com> wrote:  
 
 https://www.unknown.fund/

"
Unknown Fund - Press Release 11/13/2019

We are going to invest and donate $75 million of bitcoin in startups
that help anonymity ideas. Preferred niches are personal data
protection, tools for online anonymity, cryptocurrencies, blockchain.


Unknown Fund is Going to Invest and Donate $75 Million for the
Development of Ideas of Anonymity

The anonymous organisation Unknown Fund has announced that it intends
to invest and donate $75 million in bitcoin to startups which directly
or indirectly support the idea of anonymity. Preference will be given
to the following niches: protection of personal data, tools for
anonymity, cryptocurrency and blockchain.

The organizers of the fund are ordinary, anonymous people from
different countries who met on the 4chan English-language imageboard.
In a brief to our news agency Anonymous said:

“We are you, we are your sons and daughters, brothers and sisters,
friends and colleagues. Our ranks consist of representatives of many
countries and nationalities, united by a virtual comradely spirit and
the belief that we are fighting for the good of many, and not for the
benefit of some. Anonymous is the voice of those who believe in truth,
freedom and the right to self-expression.”

The Unknown Fund sees the protection of personal data as one of the
main challenges for modern man. The use of data has already become a
powerful tool for manipulating people. The effectiveness of this tool
is both amazing and frightening.

Using as examples the ultra-targeted advertising used in Brexit
campaigns and in the last presidential elections in the United States,
one can see how easy it is to manipulate public opinion with enough
personal data. However, the manipulation of people occurs not only in
big politics, but also in our daily lives. A perfect example is the
level of addiction that the general population has to social networks
- addiction orchestrated and achieved by corporations.

Anonymous added:

“Now the main goal of large corporations is to collect as much
information as possible about the personal lives of people, and then
use it for their enrichment. And they do a great job of it by making
ordinary people get poorer. We are ready to fight for change and
protect people."

The Unknown Fund also sees incredible opportunities to protect the
rights and freedoms of people that technology such as blockchain and
cryptocurrencies give us. This is a chance for humanity to create a
new environment, a new and honest monetary system, and to make the
world a better place.

Unknown Fund suggests investment in commercial startups and donations
to nonprofit organizations. Investing is just the beginning. Anonymous
have developed a number of strategies and methods that will be
announced later.

Anonymous ended the brief with the words:

“If you believe in freedom of speech and the media, and most
importantly, in a free and accessible Internet, then you are also
Anonymous. Our opponents should not doubt our determination or
conviction. We will continue to fight as much as necessary to achieve
our goal.”

"  
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