Online Cash Bitcoin Could Challenge Governments, Banks

Discussion in 'privacy general' started by nightrace, Apr 16, 2011.

  1. Minimalist

    Minimalist Registered Member

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  2. Palancar

    Palancar Registered Member

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    Just short term reactions. Its back to around $55K now. Time will tell.
     
  3. hawki

    hawki Registered Member

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    "Tesla Makes More Money Trading Bitcoin Than Selling Cars

    Tesla didn’t exactly earn its record profit from selling cars, however. The company said that it sold some of the $1.5 billion worth of bitcoin that it purchased in February, contributing $101 million to the bottom line. That is nearly a fourth of its total profit..."

    https://www.wsj.com/articles/tesla-makes-more-money-trading-bitcoin-than-selling-cars-11619517615
     
  4. hawki

    hawki Registered Member

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    "The IRS Wants Help Hacking Cryptocurrency Hardware Wallets

    The IRS is looking for help to break into cryptocurrency hardware wallets, according to a document posted on the agency website in March of this year...

    The law enforcement arm of the tax agency, IRS Criminal Investigation, and more specifically its Digital Forensic Unit, is now asking contractors to come up with solutions to hack into cryptowallets that could be of interest in investigations...the IRS wants researchers and contractors to come forward with solutions to hack into hardware wallets..."

    https://www.vice.com/en/article/k78a53/the-irs-wants-help-hacking-cryptocurrency-hardware-wallets
     
  5. Palancar

    Palancar Registered Member

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    If successful that will only "grab up" newbie configured security devices. You can configure your overall setup so that over 50% of the encryption security is not even on the Hardware Wallet. You simply cannot crack/hack something that is NOT there for examination. This is where the best of the best use ALL open source to control their own configurations and not simply be SHEEP with an out of the box model.
     
  6. hawki

    hawki Registered Member

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    "Youngest Crypto Billionaire Created Ethereum After World of Warcraft Took His Favorite Spell...

    Buterin, a 27-year-old Russian-Canadian programmer, disclosed that he was inspired to travel down the road that led to Ethereum when software-developer Blizzard removed a component of his favorite spell on World of Warcraft, an online multiplayer game. 'I cried myself to sleep, and on that day I realized what horrors centralized services can bring,' Buterin wrote..."

    https://www.mediaite.com/news/young...er-world-of-warcraft-took-his-favorite-spell/
     
  7. hawki

    hawki Registered Member

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    "SpaceX will launch the “DOGE-1 Mission to the Moon” in the first quarter of next year, with Elon Musk’s commercial rocket company accepting the meme-inspired cryptocurrency dogecoin as payment.

    "SpaceX launching satellite Doge-1 to the moon next year – Mission paid for in Doge – 1st crypto in space – 1st meme in space", Musk said in a tweet...."

    https://www.reuters.com/business/fi...nt-launch-lunar-mission-next-year-2021-05-09/
     
  8. Minimalist

    Minimalist Registered Member

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    Private-equity firm revives zombie fossil-fuel power plant to mine bitcoin
    https://arstechnica.com/tech-policy...mbie-fossil-fuel-power-plant-to-mine-bitcoin/
     
  9. hawki

    hawki Registered Member

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