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Update on Bitcoin, Max Planck Institute

COMMENT: This post fol­lows up sev­er­al over­lap­ping paths of inquiry explored in recent For The Record pro­grams. In FTR #760, we high­light­ed appar­ent BND, Under­ground Reich ele­ments involved with the bit­coin online cur­ren­cy. In FTR #‘s 758, 759, we looked at the anti-demo­c­ra­t­ic, pro-monar­chist phils­o­phy of Hans-Her­mann Hoppe, a devo­tee of the Lud­wig von Mis­es school of eco­nom­ic and social the­o­ry and a stu­dent of Juer­gen Haber­mas. Haber­mas was exam­ned at length in FTR #757.

One of the most vis­i­ble sup­port­ers of bit­coin is a “tech­no-lib­er­tar­i­an” named Cody R. Wil­son, whom we exam­ined in FTR #760. Wil­son, not sur­pris­ing­ly, is a devo­tee of Hans Her­mann-Hoppe and an active oppo­nent of democ­ra­cy.

Bit­coin users have used the Tor net­work for many of their activ­i­ties. Now, a researcher with the Max Planck Insti­tute is look­ing to devel­op an inter­net net­work that wil be imper­vi­ous to pen­e­tra­tion. (Haber­mas was direc­tor of the Max Planck Insti­tute for 12 years.) One won­ders if that is intend­ed to facil­i­tate secure move­ment of ter­ror­ist and/or covert oper­a­tions monies for Under­ground Reich ele­ments.

“All Mar­kets Become Black” by Daniel Fel­len­stein and Cody R. Wil­son; Blink; 12/27/2012.

EXCERPT: . . . . Accord­ing to your pro­file on defense dist. you’re “a stu­dent of Bas­ti­at, Hoppe, and Antho­ny de Jasay”. Could you go over your philo­soph­i­cal basics before we dive into the project? How much of a state would you accept in your life?. . .

. . . . I am but a con­duit for ide­ol­o­gy. Mod­ern neolib­er­al democ­ra­cy is a crum­bling idol. The God has failed, to invoke Hoppe. . . .

“Anonymi­ty Net­work Tor Needs a Tune-Up to Pro­tect Users from Sur­veil­lance” by Toni Simonite; MIT Tech­nol­o­gy Review; 10/25/2013.

EXCERPT: . . . . This month’s reports, based on doc­u­ments leaked by Edward Snow­den, didn’t say whether the NSA was doing so. But a 2012 pre­sen­ta­tion marked as based on mate­r­i­al from 2007, released by the Guardian, and a 2006 NSA research report on Tor, released by the Wash­ing­ton Postdid men­tion such tech­niques.

Stevens Le Blond, a researcher at the Max Planck Insti­tute for Soft­ware Sys­tems in Kaiser­slautern, Ger­many, guess­es that by now the NSA and equiv­a­lent agen­cies like­ly could use traf­fic cor­re­la­tion should they want to. “Since 2006, the aca­d­e­m­ic com­mu­ni­ty has done much work on traf­fic analy­sis and has devel­oped attacks that are much more sophis­ti­cat­ed than the ones described in this report.” Le Blond calls the poten­tial for attacks like those detailed by John­son “a big issue.”

Le Blond is work­ing on the design of an alter­na­tive anonymi­ty net­work called Aqua, designed to pro­tect against traf­fic cor­re­la­tion. Traf­fic enter­ing and exit­ing an Aqua net­work is made to be indis­tin­guish­able through a mix­ture of care­ful tim­ing, and blend­ing in some fake traf­fic. How­ev­er, Aqua’s design is yet to be imple­ment­ed in usable soft­ware and can so far only pro­tect file shar­ing rather than all types of Inter­net usage. . . . .


2 comments for “Update on Bitcoin, Max Planck Institute”

  1. Excerpt:

    Fri, 12 Apr 2013 04:08:20 GMT
    Banks loot­ed to finance ter­ror­ism: Secu­ri­ty expert

    Mum­bai, April 11 (IANS) Bit coin and cryp­to cur­ren­cies are becom­ing major avenues for mon­ey laun­der­ing and ter­ror groups often rob banks for fund­ing ter­ror­ist acts, a top secu­ri­ty expert said.

    ...Based on the con­cept of cryp­to cur­ren­cy, Bit coin is an inter­net-based alter­na­tive cur­ren­cy which uses elec­tron­ic sig­na­tures and was devel­oped in 2009.

    Posted by Vanfield | November 8, 2013, 10:54 am
  2. http://www.thebitcoinchannel.com/archives/8066

    Should Pales­tine switch from the shekel to Bit­coin?
    rt.com / By Max Keis­er / May 21, 2013 07:52

    The mon­ey that cir­cu­lates most in the Pales­tin­ian Author­i­ty (PA) is the Israeli new shekel; guid­ed by an inter­est rate pol­i­cy set month­ly by the Bank of Israel, which dic­tates Pales­tin­ian finances.

    Pales­tine has tried for decades to estab­lish inde­pen­dence, but Israel has not been will­ing to give up its colony, so the occu­pa­tion con­tin­ues.

    But for the first time in his­to­ry, an emerg­ing coun­try like Pales­tine has the abil­i­ty to secede from its occu­py­ing over­lords by adopt­ing its own cryp­tocur­ren­cy: Bit­coin. Not a shot needs to be fired. No UN votes are need­ed. No glob­al peace talks. Just Bit­coin for the win.

    Posted by Vanfield | November 8, 2013, 10:55 am

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