VIDEO — Bitcoin vs. Political Power: The Cryptocurrency Revolution – Stefan Molyneux at TNW Conference
Stefan Molyneux
Apr 25, 2014
Historically, politicians have always fought for the power to create money out of thin air, so they can increase their spending without having to directly increase taxes. The staggering growth of political power throughout the twentieth century — the century of war — was largely made possible by replacing money limited by gold with paper currencies, which can be printed at will by government-controlled banks.
Cryptocurrencies are the first self-limiting monetary systems in the history of mankind, and could be our greatest chance to check the growth of political power since the Magna Carta. Join Stefan Molyneux, the host of Freedomain Radio – the most popular philosophy show in the world – as he reveals the hidden political and military power of government currencies, and shows how cryptocurrencies could be greatest revolution in human history, and the foundation of a truly free and prosperous planet.
The Next Web Europe Conference – April 25th, 2014
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Bitcoin Address: 1Fd8RuZqJNG4v56rPD1v6rgYptwnHeJRWs
Litecoin Address: Lbxr3M8oezWaguEBc35MoyvQT88C85Sqpi
Get more from Stefan Molyneux and Freedomain Radio including books, podcasts and other info at: http://www.freedomainradio.com
VIDEO — Andreas M. Antonopoulos educates Senate of Canada about Bitcoin (Oct 8, ENG)
Bitcoin Embassy
Oct 8, 2014
October 8th 2014, Committee on Banking, Trade and Commerce
“Study on the use of digital currency”, 11th session
Background on the “Study on the use of digital currency”:
In Canada, the public debate surrounding Bitcoin and cryptocurrencies is currently being formalized as the official “Study on the use of digital currency”, a consultative exercise conducted at the initiative of the Senate of Canada’s Banking, Trade and Commerce committee.
Although the Senate of Canada exerts less authority than the House of Commons, its standing committees have proven to be an influential source of expertise and opinion. It also enjoys considerable international attention: according to Stuart Hoegner, general counsel at the Bitcoin Alliance, “no other parliamentary body in the world has publicly canvassed the breadth of materials and opinion that this committee has”.
[hat tip: New World Next Week]
VIDEO/PODCAST — Venezuelans Using Bitcoin to Bypass Currency Controls – #NewWorldNextWeek
New World Next Week
Oct 12, 2014
Podcast: Play in new window | Download | Embed
Hackers Hijack Retailers’ Showroom PCs for Cryptocurrency Mining
by Published on October 9, 2014 at 13:40 BST
Dutch hackers have started hijacking laptops showcased in retail stores and using them for cryptocurrency mining, according to a report.
The stores involved have admitted that an undisclosed number of display samples were affected by malware and said they would take steps to eliminate the practice.
Dutch tech publication Computerworld reported the problem on 7th October after a computer science student revealed that laptops in the Media Markt chain of shops have been exposed to mining malware for some months.
Computerworld found that a total of 105 laptops were part of a botnet and that an estimated €500 had been generated in mining revenue over that time.
Media-Saturn Netherlands, owner of Media Markt, said it should not be possible to run malware on the machines as “a display model should require the password of an administrator”, adding:
“We will consult with our locations and suppliers […] Where necessary, we will come up with new or more stringent protocols.”
Several other stores were found to have a risk of malware, namely Paradigit, MyCom and Computerland, according to the report.
United Way Reveals Why It Became Bitcoin’s Biggest Charity
CoinDesk.com
by Published on September 30, 2014 at 10:27 BST
United Way Worldwide began accepting bitcoin donations to support its Innovation Fund earlier this month, a move that was widely discussed, given that United Way is one of the largest privately held nonprofits in the world, raising more than $5bn annually.
Nearly 20% of the contributions the Innovation Fund receives are from people employed by corporate partners, including Bank of America, Exxon Mobile, General Electric, ING Group, JPMorgan Chase & Co and the National Football League (NFL). However, according to United Way executive VP and chief strategy officer Evan Hochberg, bitcoin is a way to bolster individual contributions to the Innovation Fund.
As such, Hochberg said that United Way aims to continue to engage the bitcoin community as it seeks to diversify the contributions it receives.
Hochberg told CoinDesk:
“Our engaging bitcoin was a recognition there’s a fast-growing, innovative, passionate group of people looking to make charitable donations based on the interest in using this currency. We wanted to be at the forefront of that conversation.”
The United Way Innovation Fund is a division of the charity dedicated to updating solving global challenges with new technologies and innovations.
Couple to Get Married on the Bitcoin Blockchain at Disney Bitcoin Conference
by Adam Hofman
Bitcoin Magazine
Sept 23, 2014
LAKE BUENA VISTA, FL, SEPTEMBER 22 – The value of Bitcoin is about to become life changing for one couple, who will use Bitcoin technology to register their marriage on the blockchain, as one of the governance services provided by Bitnation.
This hi-tech wedding is the first of its kind, and will take place at the Disney World Coins in the Kingdom Bitcoin Conference on October 4th and 5th at The Wyndham Lake Buena Vista on The Walt Disney World Resort.
David Mondrus is a serial entrepreneur, CEO of RedboxJewels.com, and advisor at Bitnation, who met Joyce Bayo while he was researching new business opportunities in the Philippines. She stole his heart when she fed him pineapple on a boat. He stole a kiss from her the following night and she has been trying to get it back ever since.
“We believe that like the blockchain, our love and marriage are forever and that our relationship is not defined by governments or the church. So enshrining our commitment to each other in the blockchain in front of our friends is very dear to us.” said David Mondrus, the groom.
The blockchain is a cryptographically secure public ledger distributed amongst all of its users, which records all transactions on the the Bitcoin Network. When one address signs a transaction it is broadcasted to the network and recorded forever. The blockchain cannot be changed or edited unless there is a consensus within the community of people from all over the world who help maintain the ledger and at this point that numbers above 7000+. The blockchain allows people to be able to always go back and verify when a transaction has a occurred, where it was sent from, and the address which received the transaction.
One way of utilizing this public ledger technology is to embed messages or contracts inside of a transaction. These contracts or messages can be seen by anybody looking at the blockchain as long as it exists. Pondering what type of records one usually documents publically, a variety of uses come to mind such as marriages, titles, notarized documents, shareholder agreements, and even votes. Once embedded within the blockchain, it is easy to determine who owns what utilizing a tool called a block explorer and all without the necessity of a central physical location to store the documents. In effect the blockchain is a record of all of our actions and achievements stamped permanently in time. The blockchain is a transparent time capsule for all to see.
VIDEO — Engineers vs. Thugs: the Power of Bitcoin, Cryptography & Tech
Activist Post
Sept 23, 2014
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