Sergio Demian Lerner Hired By Vessenes' Foundation

Vessenes' Bitcoin foundation today announced it has hired Sergio Demian Lerner as the foundation's "Core Security Auditor" and he is intended to work on security aspects of the Bitcoin Core fork of Satoshi's Bitcoin implementation. Sergio Demian Lerner is scheduled to appear at the laBITconf bitcoin conference in Buenos Aires on December 7th, 2014. The Vessenes' foundation also announced its intention to offer release candidates for version 0.10 of their Bitcoin client in the next week.

Ken Hess: Bitcoin Illegal, Tom Coburn: Maybe for Congress?

In a piece appearing on ZDnet today Ken Hess wrote a about his letter campaign to inform United States Senators of "Bitcoin's illegality" and of how Tom Coburn's office responded. Mr. Hess's case for Bitcoin illegality consist of his reading of Article 1, Section 8, Clause 5 of the United States constitution which enumerates as a power of Congress: Continue reading

US Department of Justice: Kim Dotcom can't challenge asset forfeiture

In its continuing case against Kim Dotcom, lawyers for the United States Department of Justice are proposing that Dotcom's objections to seizing his assets around the world be completely tossed aside under the doctrine of fugitive disenfranchisement. This is in spite of the fact that Kim Dotcom is not under any reasonable definition a "US Person" who reasonably could be a fugitive. A few points: Continue reading

Vessenes' Bitcoin Foundation Publishes Telling Survey Results.

According to the latest survey results from the USG's Bitcoin Foundation,1 only half of the 225 individual members surveyed even like USGavin et al.2 No report on whether this has anything to do with their insertion of Heartbleed into Bitcoin Core or their continued attempts to increase the block size and thereby compromise the Bitcoin network's security. Continue reading


  1. Not to be confused with the Bitcoin Foundation incorporated on #bitcoin-assets. 

  2. 50.44% "like" or "strongly like." The rest either "strongly dislike," "dislike," or are "neutral." 

This Onion, It Smells: Inherent Hazards of the Tor Network

This week Pando Daily's Yasha Levine wrote a follow up to a post from this summer where Yasha documented many of the numerous and transparent connections between the Tor developers and the United States Government.  Nothing Yasha wrote in the original piece is particularly controversial, nearly all of it comes from public records, but still Yasha was able to write a follow up on all of the venom Yasha received from fans of Tor without any actual refutations of her points. The simple fact of the matter is that Tor was born of the needs of the United States Government's intelligence community, and continued funding to keep the main Tor developers fed, clothed, and sheltered largely comes from the coffers of those interests. Continue reading

Onename Raises $1.5 Million in Seed Funding for Decentralized Authentication

It was confirmed this week Onename has raised $1.5 million in seed funding. On Wednesday, the company announced on their blog they would be open-sourcing a set of tools including a suite to utilize their in-development Openname Auth, a protocol for decentralized and password-less authentication. These set of tools work with their already open source protocol upon which Onename is built on called Openname, which in turn is built upon Namecoin. Continue reading

Buterin's Waterfall, a Likbez

 

Product: Price of BTC under control. Life for USG. (Examples: Bitstamp and Coinbase)

  1. BTC dumped by agents on public markets (The Ethereum raincloud)
  2. A portion of the "energy" sustains the agent's "businesses"
  3. USG Confiscators such as the National Security Agency and Department of Justice collect BTC pooling at the bottom (Silk Road v1 and V 2.0, Various Chumpatrons like pirateat40, vanilla idiots).
  4. BTC plundered via Judicial and other means (e.g. malware) goes to loyal agents who know what is expected of them.
  5. GOTO 1 (via evaporation)