A comical demonstration of PGP in a video bearing the watermark of ISIS has been lambasted (archived) by Snowden. The petrified paper pushers, afraid that actual strong cryptography might catch on among the cattle caste, have sent their favorite stooge to discredit the event. Continue reading
Mass Ransomware Strike Hits Millions Of Indian Computers
A massive malware strike affecting three Indian banks and a pharmaceutical company has at a ransom of 1 Bitcoin per machine incurred a total ransom equivalent to multiple millions of United States dollars at fiat/Bitcoin interface reported exchange rates (archived). Apparently only select machines operated by executives had their ransoms paid, but as the source article notes even with the files decrypted malware may remain allowing for easier insertion for future penetrators. Paying ransomware demands is the recovery method officially endorsed by the United States Federal Bureau of Investigation.
The particular piece of ransomware used in this strike goes by the name LeChiffre (archived). It does not propagate automatically and its windows executable needs to be initiated manually. These means that to be deployed on this scale the entire network infrastructure of these enterprises was thoroughly penetrated and brought to submit to the ransomers.
Corn Belt Pain Continues As Supply Trickles Into Markets
The pain being felt in the United States corn belt continues as low prices have reduced the flow of grain into the market to a trickle (archived). Archer Daniels Midland and other buyers are finding it necessary to raise their basis bids to get any new grain at all into their supply chains while farmers are forced to weigh how much of a loss they are willing to sell their crop for in order to plant the next crop. It remains to be seen how much to hodl farmers can muster and whether it will be enough to save their fortunes from the malaise affecting commodities on fiat markets. Sorry for your loss.
NACDL Amicus: Silk Road Warrant Unconstitutional According To 4th Amendment
As the build up to the Ross Ulbrict's appellate hearing continues, the National Association of Criminal Defense Lawyers has filed an amicus brief criticizing the unconstitutionality of the investigation which lead to the persecution of Ross Ulbricht. The move comes as militia operations motivated by other breaches of the United States constitution by the Federal government have resulted in the liberation of substantial portions of Oregon. Whether the appellate court follows Judge Katherine Forrest in rejecting sanity and constitutional limits remains to be seen. Continue reading
FBI Begins Negotiations With Oregon Liberators
Amanda Peacher and John Sepuvaldo are reporting on behalf of Oregon Public Broadcasting that the FBI has begun negotiating with Ammon Bundy of the heroic militia responsible for the liberation in Oregon (archived). Ammon made it clear to the Federal government's negotiator that: Continue reading
Concerns About United States Coal Industry Intensify
Peabody coal, the largest coal mining concern in the United States, faces concerns that it could follow its smaller competitors into bankruptcy (archived). Patriot Coal, Walter Energy, and Alpha Natural resources filed for bankruptcy last year while Arch Coal filed for bankruptcy on January 11th of this year. While oil has dominated the mainstream news cycle, the energy extraction industry as a whole is leading the fiat march to suffering. Continue reading
Fiat Markets Continue Slide As fiat/BTC Interface Prices Recover
IMF: Bitcoin Features Present "Risks" To Us
In a recent blog post the International Monetary Fund presented a key feature of Bitcoin as a "risk" to its agenda, namely the one where Bitcoin allows people to transact without regard for various controls states would like to impose (archived). They further advocated the populist misconception that Bitcoin exists for the poor who have been excluded from existing financial services due to their poverty.
Twitter's Jack Dorsey No Longer A Paper Billionaire
With the declining fortunes of his social media noise hole Twitter and his electronic fiat payments application Square being reflected in their stock price, Jack Dorsey is no longer a Billionaire according to his paper holdings. Sorry for your loss.
Netherlands Arrests 10 For Money
Police in the Netherlands arrested 10 men for moving their own money around, a phenomenon which is unfortunately still prosecuted as money laundering by the morally bankrupt (archived). Police allege the financial activities of these men are connected to other men who are actively involved in marketing drugs, the drug sellers remain "under investigation" instead of being arrested. According to "press" agents who were invited to accompany "law enforcement" agents the men were caught because they deposited money to their bank accounts and swiftly withdrew their money using ATMs. This is a peculiar fact to present as critical to the case as it presents as abnormal minimizing the amount of time cash stays in the bank, a sane course of action when the struggles of fiat institutions make bail ins, negative interest rates, and all kinds of other evils a danger for money left in the custody of a bank.