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Future Trends in Computing

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2017

What Will Bitcoin Look Like in Twenty Years? https://archive.is/DO9zS

You should start thinking about all the ways to destroy your system or you won’t be able to defend it. If you aren’t imagining all the ways a hostile group will use the power of blockchain, one that doesn’t share your views on openness and freedom and collaboration, then you’re just naive. The bad guys are already hard at work imagining how to use blockchain as a system of repression and control. Don’t forget that IBM helped the Nazis manage the holocaust with punch cards for tracking victims. What could they have done with blockchain? Answer: Many more horrible atrocities that we can only begin to imagine now. If you’re working in crypto and you’re not thinking about all the ways to misuse crypto then it’s very likely that instead of designing a system to save the world you just created a prison for it.

...A third major reason people fail to see the future is because it challenges their position of power. That’s why oligarch banker, Jamie Dimon, and a prince from a country that just allowed women to drive last month, all see Bitcoin and cryptocurrencies as a “fraud” or a “scam”.
They literally can’t see clearly because they’re the main beneficiaries of the current system. They don’t want to see. So they engage in a kind of information warfare, even if it’s unconscious. It’s nothing but a mental defense mechanism. The rise of new ways of running the world means their position is under fire and they’re terrified.
Asking these people about Bitcoin is like asking a taxi driver what he thinks about Uber or a horse and buggy manufacturer what he thinks about cars. Their opinions are worth less than nothing.

Crypto, blockchain and triple entry accounting are probably the most important invention of the last 500 years so they’re not going to go away. Government Cryptocurrencies will Flourish. In ten or twenty years expect very strong government cryptocurrencies to come to power and dominate the flow of money for many, if not most, people around the world. Authoritarian governments are racing to build official state cryptos. They can’t wait to have panopticon money in your pocket as soon as possible. Decentralized cryptos are never going away, even as centralized cryptos come to power.
It’s a race against time before central cryptos take root. Over the next twenty years, I predict dozens, if not hundreds of experimental distributed consensus protocols, capable of transaction levels that blow away Visa level processing, augmented by artificial intelligence systems. It’s also strongly possible that none of these systems will be designed by humans.

@justicemate Bitcoin Cash is Bitcoin 2.0 - BCH was always the planned upgrade to Bitcoin since the day of its inception. Fact. Those that failed to upgrade will be left behind. Satoshi invented a global currency.

All of our economic theories are based on studies conducting with limited data in the analog age of ink and wood pulp. All current economic theory will prove about as advanced as cave paintings as we experiment with new economic systems over the coming years. That’s what these new coins are: Micro-economic systems at war. It’s Darwinian economics. With blockchain dominate systems we’ll have real time economic data on a global scale not just a bunch of guesses done with pencil and paper a hundred years ago.

 

First was the Panama Papers now the Paradise Papers leak reveals secrets of the world elite's hidden wealth . Files from offshore law firm show financial dealings of the Queen, big multinationals and members of Donald Trump’s cabinet ~ Tax Justice Network‏ @TaxJusticeNet

Appleby law firm data hack using Isle of Man, Channel Islands and many more. Apple's tax avoidance plan laid bare in Paradise Papers After the US technology colossus stated publicly in 2013 that it was paying its proper share of taxes, it moved the bulk of its untaxed overseas cash to Jersey, a British dependency in the Channel Islands. The data hack at Appleby, the law firm in question, could release a torrent of carefully hidden information on bank accounts and offshore companies similar to the Panama Papers — a collection of leaked documents from Mossack Fonseca, a legal services firm. A leak of this nature is likely to reveal the structure of trusts, and shareholdings and directorship of companies with accounts in tax havens such as Bahamas, Bermuda and Virgin Islands. There is no tax on income, capital gains or inheritance in Vanuatu, an island in South Pacific. It also operates as a “flag of convenience” country that allows ship owners to register vessels in the island to escape regulations in the home country.

The US Securities and Exchange Commission has clarified the role of the new Cyber Unit within its Enforcement Division. Align our resources with two of our key priorities – specifically retail and cyber.” “To be sure, we have long focused resources in both of these areas, but we think that some structural change and strategic focus will enable us to better fulfill our investor protection mission.” Avakian had prefaced her statements by saying these views were her own and not necessarily those of the SEC. And create the Retail Strategy Task Force, which will examine how investors interact with the securities market and what risks they might encounter from bad actors therein. Additionally, the task force will develop ways to educate investors, empowering them to make more informed decisions.
“The need for the Cyber Unit arises in large part from the increasing frequency with which we are seeing cyber-related misconduct affecting the securities markets, and also the increasing complexity of these cases. These cybersecurity threats come from a wide range of sources, including foreign and domestic hackers, traders and others who traffic in stolen market-moving information, prospective market manipulators, state-sponsored actors, and others. The work of these actors in many instances has been facilitated by easy access to the dark web marketplace as well as the use of digital currency, both of which make it harder to track the flow of funds involved in cyber violations.” ~ SEC Division of Enforcement Co-Director Stephanie Avakian

CME Group To Begin Trading Bitcoin Futures #Bitcoin #cryptocurrency

US Treasury To Track Asset Transfers On A Distributed Ledger
distributed ledger technology (DLT) Office of Financial Innovation and Transformation (FIT) within the Treasury’s Bureau of the Fiscal Service. FIT had launched a pilot project exploring distributed ledger technology’s potential utility in the practice of asset tracking. Treasury Department’s website, “evaluated to better understand how the government can use this technology to improve the way it manages the government’s finances.” The blockchain, he said, could also offer the financial management community the opportunity to improve its reporting and auditing protocols. Fischer suggested that the technology might also enable other types of improvements to existing systems. These include reducing “fraud and documentation errors that contribute to improper payments;” offering “a more robust and real-time audit trail;” combating cybercrime; managing and tracking assets; and safeguarding “digital identities.”

Nadine Hoffmann, Innovation Manager Financial Services at SAP https://www.forbes.com/sites/sap/2017/10/31/changing-blockchain-talk-to-action-two-steps-for-the-financial-industry/217 SAPVoice: Changing #Blockchain Talk To Action: Two Steps For #FinancialServices Industry “Regulators are examining how mandates could be made more flexible to move industries into a future that includes blockchain-enabled transactions,” said Hoffmann. “Financial service providers need to work with regulators to take the first small steps toward regulation as blockchain emerges, influencing these discussions that impact the movement of money, including judicial oversight, the definition and legal usage of crypto-currency, and other issues. The industry must move faster. Many institutions are just getting comfortable with cloud-based computing, but blockchain is waiting in the wings, and will deliver even greater disruption.”

"Nothing To Hide" The documentary about surveillance and you. "Eye-opening" (Forbes), "Passionating" (Les Inrocks), "Very interesting... scary movie" (France 24) NOTHING TO HIDE (Oct. 2016) is an independent documentary dealing with surveillance and its acceptance by the general public through the "I have nothing to hide" argument. Creative Commons release (Oct. 2017) Foreword: The film is released on the Internet for free. Its production though has a cost, feel free to make a donation if you want to support the film: leetchi.com/c/project-nothing-to-hide About the Creative Commons license: The license Creative Commons – Attribution – Non Commercial – No Derivatives (CC-BY-NC-ND) allows you: - to watch and share the film for free in four languages (English, French, German, Spanish) if you give credit to the authors and share the link of the website (nothingtohidedoc.wordpress.com/). - to organize a public screening without paying any royalties as long as the entrance to the screening is free and open to everyone. - For commercial screenings (with entrance fee, yearly fee or restricted to certain audiences, i.e. conferences) and for broadcasting, contact the authors on the website (nothingtohidedoc.wordpress.com/). - You are invited to make a donation to contribute paying the production of the film and its upcoming follow-up.

IDENTIFY TWITTER FAKE NEWS WITH BOTCHECK.ME Ash Bhat and Rohan Phadte Botcheck.me will allow you to find out if the tweet is a person or a bot. 20-year-old students who study computer science at UC Berkeley, decided to launch a data-driven counterattack, aiming to do what Twitter itself has not: publicly expose alleged bot accounts right there on the platform for the world to see. This week, the duo launched a Google Chrome browser extension that inserts a button onto every Twitter profile and tweet that reads, snappily, “Botcheck.me.” Click it, and you get a diagnosis of whether the account appears to be run by a person or by some sort of automation, based on the duo’s own machine learning model. Their model is targeted exclusively to hunt propaganda bots about US politics.n ‘ghost‘ is a historical hiccup. William Caxton, having first practised his trade in Flanders, brought Flemish typesetters back to England to help set up his printing press - they lobbed an ‘h’ into English ‘gost’ because their own native word was ‘gheest’."

FAKE NEWS

 

Russians influence/interference with the Election of Trump by using Twitter, Facebook, and Google to it and each company made a ton of money from the ads bought but have no legal requirements to not take the money and have no penalty for doing business with an enemy of America.

Politics: Middle-class suburbanites are conscious of being caught in the middle, doubly betrayed by those who would govern from the bottom up and by those who would govern from the top down. … What they really want is a new political contract — and the freedom to dream the American dream again.

Hacker Stole 30GB of Sensitive Data from Australian Defense Contractor. F-35 fighter jet secrets stolen from Australian Government defence contractor in 'extensive' hack

IOT has a security problem and it's BIG #Infosec #CyberSecurity #Industry40 #IoTsecurity #DDoS #Analytics

IRS originally just gave the no bid contract to Equifax Breach now the IRS temporarily suspends contract with Equifax EQUIFAX BREACH 145.5 million Americans - Has your email, password, or SSN #security been breached? Fire John Ford Chief Privacy Officer #FAIL

Symantec CEO says source code reviews pose unacceptable Risk Software produced by Microsoft Corp has been acquired by state organizations and firms in Russia and Crimea despite sanctions barring U.S-based companies from doing business with them, official documents show.

Julian Assange ~ "War is directly monetizable leading to a trillion dollar/year sector in the US. A lobby with a 2000x larger budget than a presidential election spend. Is it possible to monetize peace through derivatives or other methods to create a financial lobby in the other direction?"

North Korea targeted U.S. electric power companies

Unremovable Backdoor Accounts

Enhancing a person’s ability to learn and control their behavior — in short, to change how people think — by stimulating the brain. high-definition transcranial alternating current stimulation (HD-tACS), to “turbo charge” two brain regions that influence how we learn.

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