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Submission + - Why Bitcoin Boomed During the Government Shutdown (vice.com)

Daniel_Stuckey writes: Just two weeks after the Feds shuttered the Silk Road, the notorious online drug bazaar, bitcoin prices have touched a five-month high—with a single bitcoin fetching nearly $156 each on Tokyo-based exchange Mt. Gox. Bitcoin’s resiliency can no longer be denied, especially as the digital currency continued its ascendancy even against the backdrop of a US government in utter disarray. At the 11th hour of the crisis, President Obama signed a bill that ended the partial government shutdown and, more importantly, raised the debt ceiling, an arbitrary limit on the amount of money the country can borrow that would have been surpassed today. If Congress had failed to reach a deal and the US was unable to pay its bills, the results might have been catastrophic, eclipsing the bankruptcy of Lehman Brothers five years ago, the domino that could trigger the worst financial crisis since the Great Depression.

Submission + - New Standard for Website Authentication Proposed: SQRL (Secure QR Login) (grc.com)

fsagx writes: Steve Gibson, from the Security Now podcast, has proposed a new standard method for website authentication. The SQRL system (pronounced “squirrel”) eliminates problems inherent in traditional login techniques.The website's login presents a QR code containing the URL of its authentication service, plus a nonce. The user's smartphone signs the login URL using a private key derived from its master secret and the URL's domain name. The Smartphone sends the matching public key to identify the user, and the signature to authenticate it. It may be used alongside of traditional username/password to ease adoption.

Comment Re:NSA Directory Keith Alexander in a nutshell (Score 1) 238

You think the NSA surveillance state has an impact on free speech and the press? The loudest of regular people (reporters) are 'chilled'? There have been countless analysis-style articles and discussions regarding the impact of the NSA surveillance state on free speech and the press, but no one out there is talking about the impact of the NSA surveillance state on politicians...

It is out there if you look -- But the Sunday news shows won't touch it with a 49.5' pole. Foil hat optional:

http://www.boilingfrogspost.com/2013/07/16/nsa-whistleblower-russ-tice-offers-more-details-on-the-wiretapping-of-senator-feinstein/

Comment Re:What does having your own internet even mean? (Score 1) 406

I think it's a matter of whom would you like to have at your backdoor. If they build out with a US or a Chinese based infrastructure stack, we now know these are compromised from the beginning. However feasible, they would need to use home-grown telecom equipment ( which would undoubtably then have a Brazilian back door) . Any trans-Atlantic or Pacific fiber would still have to be suspect. NSA or GCHQ can still tap these at the other end (or even under the sea).

Comment Re:Metadata is the most important data (Score 1) 191

Even consumer-grade speach-to-text is quite good these days. Certainly, to a government lawyer, the text transcript of your phone call would "only" be meta-data. It is not the call itself. That it is smaller and much more easily indexed and searched is quite convenient. And this way "No one is listening to your conversations." Until they do.

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