John Ratcliffe Is a Dangerous Pick for Director of National Intelligence

The director of national intelligence’s main job is to speak truth to power. Trump’s nominee, John Ratcliffe, seems destined to do the...

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Testing Haven, OB1’s New Social Media and Crypto Marketplace App
Jul31

Testing Haven, OB1’s New Social Media and Crypto Marketplace App

On Monday, OB1, the development team who created the crypto-infused marketplace Openbazaar, launched a new platform called Haven. The application is a mobile version of the Openbazaar marketplace, but also includes social media, end-to-end encrypted messaging, and noncustodial wallet services for a variety of digital assets. The following is a review of the Haven application after experimenting with the mobile crypto marketplace...

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When Cash Is Banned, Centralized Cryptos Are Not Going to Save You
Jul31

When Cash Is Banned, Centralized Cryptos Are Not Going to Save You

Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many Aussies are celebrating Bitcoin’s exclusion from this clause, others find the move away from hard cash somewhat chilling. After all, if...

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Reddit Roasts the IRS: Have America’s Tax Collectors ‘Gone Crypto Fishing’?
Jul31

Reddit Roasts the IRS: Have America’s Tax Collectors ‘Gone Crypto Fishing’?

In a juicy little chunk of news from the Redditsphere, a user claiming to be a former IRS employee has called the agency’s new crypto compliance letters “broad and very error-prone fishing expeditions.” The throwaway account details the “really bad data” used by the agency, saying they’re operating mostly from guesswork, casting broad nets and leveraging fear to generate revenue. Internal reports...

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RIAA Targets Picosong Over Leaked Kanye West Track
Jul31

RIAA Targets Picosong Over Leaked Kanye West Track

In theory at least, running a content upload site should be relatively straightforward. Put the necessary infrastructure in place, wait for users to upload files, then make those files available for download or streaming. This works extremely well for sites like YouTube, for example, because they have teams of lawyers in place that ensure that the company operates to the letter of the law while standing by to swat away any irritating...

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