Buttfunex announced in a blog post today that "effective immediately, we will no longer be accepting verification requests for U.S. individuals", and would discontinue all services to existing U.S. customers over the next 90 days. The news follows a decision by Buttfunex earlier this week to suspend trading of "Digital Asset Tokens" or ICO funbux "Pursuant to the recent report of investigation issued by the U.S. Securities and Exchange Commission". (archived)
Monthly Archives: August 2017
Oregon School Board Erasing Donor Family Name From Buildings
A school board removed the name of the Lynch family from a number of schools established on land donated for their construction by the same family (archived). The school board in the case cites "racial insensitivity" as their justification for stealing the Family's history and instead crediting the schools establishment entirely to the kleptocratic embrace of herdemocracy.
Deposed socialist former US dictator Hussein Bahamas has yet offer amends for the his racial insensitivity in appointing a woman named Lynch to head Federal "law enforcement" during his reign of terror which was characterized by endemic extrajudicial killings.
Bitcoin Network Mining Diffficulty Up ~7.32% To Another All Time High In First Adjustment After Roger Ver-ified Fork
Mining difficulty on the Bitcoin network has increased from 860221984436.22229004 to 923233068448.90527344 for an increase of approximately 7.32 percent to a new all time high. In this adjustment period a hard forked altcoin separated from the Bitcoin network to zero meaningfully apparent impact on Bitcoin mining, a 7-ish percent increase of mining difficulty to a new all time high is a very typical . Meanwhile, the altcoin is wrestling with its own precarious difficulty situation.
Y Combinator Startups Begin Overt Political Discrimination
News is emerging that Y Combinator darling Airbnb has begun firing customers for supporting particular political creeds. In typically SillyCon Valley hypocritical fashion, the leftist provacateurs masquerading as a "business startup" are pointing to their "Community Commitment"1 which demands the platform's users
accept people regardless of race, religion, national origin and other identifiers
Despite this Airbnb refused to eat their own dogfood when they cancelled the accounts of a number of individuals affiliated with groups professing conservative political and religious creeds attending a rally in Charlottesville, Virginia. In doing so Airbnb not only denied these activists the opportunity to use their platform on a systematically discriminatory basis, they denied the booked "hosts" the opportunity to collect revenue on their investment properties.
At this point there is little room to doubt that the VC circus in SillyCon Valley is far more concerned with reinventing new bureaucracies than engaging in business of any sort. Where before the circus freaks settled for covert political manipulation of their platforms, they have now become either bold or desperate enough to act overtly on their ideology of hate.
How many "Community Commitments" and other unread obligations have you personally clicked through just because you wanted to try some "hot" new "service" in the sharing (a.k.a. poverty) economy? ↩
A List Of Known Bitcoin Ransom Cases
2017-07-01 – India – "Ransom demand made in Bitcoins, six in police net" – The kidnappers released Jain after six days. It is unclear if his family members paid the ransom. The police are tight-lipped on the matter.
2017-05-01 – Brazil – "Woman in Brazil rescued after kidnappers demanded bitcoin ransom payment" – The 32-year-old wife of a Brazilian "Bitcoin businessman" has been rescued by local police after she was grabbed by kidnappers who demanded a ransom be paid in Bitcoin.
2017-04-27 – Israel – "Israeli-American teen arrested over Australian school bomb hoax calls" – Media reports say he had almost $US500,000 in his Bitcoin account at the time of his arrest, some purportedly coming from students who wanted exams postponed.
2016-10-04 – United Kingdom – "Simon Cowell, Lord Sugar and Kate Moss 'were on hitlist drawn up by killer who tortured antiques dealer into handing over Wind in the Willows book." – Having killed one guy, perp then emailed VC Adrian Beecroft demanding 200 Bitcoin telling him I know where your daughter goes to school.
2015-10-29 – Taiwan – "I thought I was going to die!" – The kidnappers had threatened to dig out the eyeballs or chop off the legs of the Pearl Oriental Oil chairman known as Wong Yuk-kwan if his family did not pay a HK$70 million ransom in Bitcoin.
2015-09-26 – United Kingdom – "Give me 50,000 or I'll poison your pumpkins! What Bitcoin blackmailer told farmer who produces half the UK's supply." – David Bowman feared his livelihood would be destroyed after he was blackmailed by a former soldier who threatened to poison his entire crop with cyanide.
2015-01-30 – United States – "Police Alert Residents To Bitcoin Extortion Scam" – Farmington Police say a demand for $2,000 in Bitcoin comes in the mail, threatening the addressee and his or her family. It claims to know their address, schedule, and how to kill them, undetected.
2015-01-20 – Costa Rica – "Following alleged kidnapping, Canadian expat recovering at Costa Rica home, says attorney" – The alleged kidnappers had demanded nearly half a million dollars in the crypto currency Bitcoin.
Naturally, it's possible that these kidnappings and failed attempts to extort a Bitcoin ransom as reported by the media are inaccurate or fabrications (clickbait), but it seems just as likely such acts are occurring and likely to grow as the demand for Bitcoin grows. It's also possible that successful attempts to garner a Bitcoin ransom go unreported by media, police and government as well as the victims.
Silbert's November Hardfork Plan Faces Newly Wary Derps, Thanks Roger Ver
With Roger Ver's hard fork now solidly mired in the early stages of altcoin woes, attention has turned to Barry Silbert's (WoT:nonperson) proposed hard fork away from Bitcoin and musings on whether Silbert and his allies will jump to the same fate. Firms associated with Barry's fiatist "Digital Currency Group" create an impression of widespread "business" support Ver's initiative lacked, but Silbert's social engineering coup is still no less a fringe effort promoted by a minor player in the Bitcoin economy.
The the much beleaguered Coindesk, social engineering workhorse of Silbert's collection,1 appears to have a few lonely months ahead working the social engineering grind.
The Bitcoin Foundation, stewards of the reference Bitcoin implementation, have rightly refused to acknowledge Silbert's attack on Bitcoin as anything else. Meanwhile the power rangers developing the popular "Bitcoin Core" fork of the reference implementation are trying to minimize the disturbance SilbertCoin will afflict their users with, and in spite of the woe's of Vercoin, a certain kind of derp dressed as developer is likely to continue burning their time on that forked altcoin.
We are Barry Silbert for your loss.
This is distinct from actual news media. ↩
Legacy Senate GOP Leader To America: "At Least Hillary Clinton Isn't President"
The leader of the legacy Senate GOP, Mitch McConnell, is trying to console America in the wake of his Senate's failure to get on the Trump train by offering "At least Hillary Clinton isn't president". This comes as McConnell allowed his Senate, which pretends to share a political party with the President, to meet "Pro Forma" through their August recess denying elected President Donald Trump the ability to fill vacancies through uncontested 'recess appointments'. The 2018 Midterm election is only 15 months away, tick tock.
US Dollar Hits New All Time Lows Against Bitcoin
The United States dollar has fallen to less than 1/3150 th of a Bitcoin in the wake of fiat interests' failure to gain any traction for their forked off altcoin. This a new all time low for the dollar on fiat centric fiat/BTC interfaces.
Pantsuit West Virginia Governor Defects To Join Trump
During a rally celebrating United States President Donald Trump in West Virginia, the state's governor Jim Justice announced he would be leaving the pantsuit party and joining Trump's political movement. This leaves Senator Joe Manchin the only pantsuit aligned politician holding a West Virginia wide political office, and his seat in the US Senate is up for election in 2018. Traditionally West Virginia has been a "blue" pantsuit aligned state.
Roger Ver-ified Fork Finally Mines A Block
The pool ViaBTC, after mining Bitcoin, finally got around to mining a block on their forked altcoin chain at height 478559 on the forked chain. This occurred roughly six hours after Bitcoin block 478558 was mined and built upon. Each new block that trickles out of this chain creates opportunities for Bitcoin balances to be split and markets to work their, in this case slow, magic.
There's plenty of time for popcorn.