How Bitcoin Works Under the Hood

How Bitcoin Works Under the Hood

“The goal of this video is to explain how Bitcoin works under the hood, to give a clearer idea of what it really means to own, send or ‘mine’ Bitcoins.  First, a brief high-level overview of what Bitcoin is.  At its core, Bitcoin is just a digital file that lists accounts and money like a ledger. A copy of this file is maintained on every computer in the Bitcoin network. The Bitcoin system is amazingly designed so that no trust is needed–special mathematical functions protect every aspect of the system. The rest of this entry will explain in detail how Bitcoin allows such a group of strangers to manage each other’s financial transactions.”

http://www.imponderablethings.com/2013/07/how-bitcoin-works-under-hood.html

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The Cloud Belongs to the NSA

“The market is already providing some safer alternatives. SpiderOak, a secure cloud storage company, has seen its rate of sign-ups nearly triple over the past month. SpiderOak says even its engineers are unable to decrypt your personal data, so it is stored safely, according to CSO Online. Many of these are startups or crowdfunded experiments and may be worth keeping an eye on. Apple is expected to announce improvements to its iCloud service soon. How larger companies deal with this may affect markets in interesting ways.”

http://dailyreckoning.com/the-cloud-belongs-to-the-nsa/

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Does the Internet Have a Libertarian Future? Interview With Paul Rosenberg

“The entire Internet is kind of being — it’s kind of a re-conquest that’s going on.  It got out of control.  They weren’t expecting it.  The roots actually go back to Sputnik when they essentially scared the people in power in the United States.  And they kind of let the smart guys loose — and that’s not exactly an absolutely correct explanation but it’s kind of true — and the Internet grew out of it.  And nobody saw it coming outside of a couple sci-fi authors.  Just a couple.  And it got out of control and they’re essentially taking it back.  So we have a lot of problems with that. In terms of avoiding the problems, it can definitely be done.  Our company does it.”

http://www.lewrockwell.com/2013/07/no_author/does-the-internet-have-a-libertarian-future
/

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Bitcoin activists propose hard fork to keep it anonymous and regulation-free

“The authors are particularly concerned about the Bitcoin Payment Messages system scheduled for release along with version 0.9 of the cryptocurrency. That mechanism would allow merchants to request payment from customers, rather than simply providing them with an address to send payments to. Payments would be completed using digital certificates owned by the merchants, and would contain customer and merchant metadata linked to specific transactions.  [The paper] worries that Bitcoin Payment Messages will make it possible – and therefore mandatory – to issue receipts, playing further into the hands of the regulators.”

http://www.coindesk.com/bitcoin-activists-suggest-hard-fork-to-bitcoin-to-keep-it-anonymous-and-regulation-free/

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‘Bitcoin steals power from both banks and gangsters’

“Digital currency Bitcoin is gaining popularity around the globe as people become more and more dissatisfied with the conventional banking system. Instant, safe and nearly anonymous, is what Bitcoin claims to be. It takes no commission for transactions and can be used internationally wherever you have internet access. Is it the currency of the future? We talk to Bitcoin developer from UK Amir Taaki.”

http://rt.com/shows/sophieco/bitcoin-banks-cash-development-625/

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CryptoParty: Party like it’s December 31st, 1983

“Attend a CryptoParty to learn and teach how to use basic cryptography tools. A CryptoParty is free, public and fun. People bring their computers, mobile devices, and a willingness to learn! CryptoParty is a decentralized, global initiative to introduce the most basic cryptography software and the fundamental concepts of their operation to the general public, such as the Tor anonymity network, public key encryption (PGP/GPG), and OTR (Off The Record messaging). CryptoParties are free to attend, public, and commercially and politically non-aligned.”

http://www.cryptoparty.in/doku.php

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Cypherpunk (Wikipedia)

“A cypherpunk is an activist advocating widespread use of strong cryptography as a route to social and political change. Originally communicating through the Cypherpunks electronic mailing list, informal groups aimed to achieve privacy and security through proactive use of cryptography. Cypherpunks have been engaged in an active movement since the late 1980s. A very basic cypherpunk issue is privacy in communications and data retention. Such guarantees require strong cryptography, so cypherpunks are fundamentally opposed to government policies attempting to control the usage or export of cryptography, which remained an issue throughout the late 90s.”

http://en.wikipedia.org/wiki/Cypherpunk

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PayPal Cuts Off VPN Provider iPredator, Freezes Assets

“PayPal has cut off VPN provider iPredator, an anonymity service launched by Pirate Bay co-founder Peter Sunde. The popular VPN provider is no longer allowed to accept payments and PayPal has frozen all funds for up to 180 days. PayPal didn’t provide any details as to why iPredator was banned, but the action comes after their credit card processor stopped doing business with all VPN services.”

http://torrentfreak.com/paypal-cuts-off-pirate-bay-vpn-ipredator-freezes-assets-130724/

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Paul Rosenberg on RT: Online Surveillance in the US

Paul Rosenberg on RT: Online Surveillance in the US

“You will probably be quite familiar with the idea that the government has a nasty habit of spying on Americans who haven’t done anything wrong. Until recently, most of us have been called kooks, conspiracy nuts and worse… But, as the scandals keep coming, the general public is starting to wake up to the abuses. One leading voice in the effort to help people recognize and make sense of what’s going on is ‘outside the Matrix’ author Paul Rosenberg. A few days ago, media network RT invited him into the studio to talk about these things. For more information, visit www.freemansperspective.com ”

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Commodities Dealer Accepting Bitcoin for Gold

“Agora Commodities is the first gold, silver, platinum, and palladium dealer accepting Bitcoin for bullion. By taking Bitcoin as payment for a physical commodity, Agora is giving high-risk speculative traders one more way to play the market. And the added bonus is that the transaction can be 100% anonymous. But the company is going even deeper into anti-spying territory than that. They are offering their customers encrypted service for all their digital correspondence.”

http://www.webpronews.com/commodities-dealer-accepting-bitcoin-for-gold-2013-07

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