Nakamoto Unfairly Mobbed Due to Newsweek’s McGrath Bad Article

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Unfair Harassment Launched Against Nakamoto by Newsweek’s McGrath

http://news.yahoo.com/video/bitcoin-founder-focus-international-attention-150844011-cbs.html 

http://www.reuters.com/video/2014/03/07/alleged-bitcoin-founder-denies-involveme?videoId=289392810&videoChannel=1

 

A multi-talented retired engineer today was mobbed by news reporters on his lawn, sidewalk, and street curb in Temple, California, because some Newsweek reporter named Leah McGrath, who speaks absolutely no Japanese, supposedly interviewed him and later his brother. http://www.reuters.com/article/2014/03/07/us-bitcoin-inventor-idUSBREA252D820140307

 

The retiree’s name: Satoshi Nakamoto. His source of flickering fame: Accused of creating Bitcoin. His defense: Under a standard confidentiality contract, he has nothing to say. The Newsweek story: Mr. Nakamoto admitted he once was involved with Bitcoin but he turned it over to others when his work was done. Mr. Nakamoto insists he did not say that, but McGrath misinterpreted what he said, in his broken English.

 

According to analysts at http://HamiltonFinanceServices.com (HFS), the real problem has nothing to do with the murky history of Bitcoin. Rather, the problem is with news workers desperate to track down the villains who invented Bitcoin, willing to tar with a broad brush anyone remotely related to creation of the now $7 B valued cryptocurrency run online separately from any known government. And why are the Bitcoin inventors villains, the HFS analysts ask? No one really quite knows, but there must be something wrong with an independent cyber money system, right? Maybe bad people use Bitcoins the same way they have used US dollars for the past century or more. You know, drug deals, illegal weapon sales, illegal gambling, terrorism, and other generally bad business. Or maybe governments should be entitled, just because they are governments, to taxes connected with Bitcoin use? As if those governments could technologically do that when they cannot prevent cyber attacks against their own agencies. Or maybe the collapse of Mt. Gox last week when unknown cyber terrorists attacked should be blamed…somehow?…on Bitcoin? Who knows why Bitcoin inventors are worthy of news articles? They just are.

 

So little people like Mr. Nakamoto, who speaks very little English but who is fully fluent in his native Japanese, must be sacrificed on the alter of … news? What do you think?

 

 

Russia Not Necessarily Behind Turla Spyware Attack Against Europe and US

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Russia Backed Spyware Attacks Europe and USA? Not Necessarily Russian

http://www.reuters.com/article/2014/03/07/us-russia-cyberespionage-insight-idUSBREA260YI20140307 

Unnamed security researchers and intelligence officers claim that Turla software has attacked European and US government computer systems to take control of them. http://article.wn.com/view/2014/03/07/Suspected_Russian_spyware_Turla_targets_Europe_US_1/

 

News of the spyware infection is now sweeping Europe. http://news168.co.uk/index/suspected-russian-spyware-turla-targets-europe-us And the US news agencies have started reporting the story, too. http://www.newshour24.com/business/1ze3akmm16/Suspected-Russian-Spyware-Turla-Targets-Europe-Us-Reuters.htm

 

Analysts at http://HamiltonFinanceServices.com expect much more news to hit on Turla and similar spyware in the next few days, but the news for now says that hackers backed by the Russian government use a specific style of software design and execution precisely like that employed by the spyware called Turla. European and US government agencies have circulated internal IT memos for how to identify and quarantine the spyware, but because the spyware shuts down via remote commands when detected, some or perhaps many government agencies cannot detect it without thousands of hours of code scrubbing. Costs associated with this type of cyber attack mount quickly into millions of Euros.

 

The http://HamiltonFinanceServices.com (HFS) analysts further opine that because the style of software design and execution has been closely identified with known or suspected Russian free-lance software developers, the possibility exists that some forces unrelated to Russia might be funding the same free-lancers. If so, cyber intelligence claims tainting Russia could be politically motivated as Ukraine tensions mount at the UN. The HFS analysts caution that no one really knows at this time who has retained the free-lance software designers behind Turla because no one has taken credit for the attack.

 

China Will Spend More on Military And Its Environment

China Buffs Up Its Military AND Its Environment

China planned a $130 B military budget for 2014, a 12 percent increase from last year, in its once per year Congressional meeting yesterday. http://www.voanews.com/content/china-boosts-defense-spending-sees-steady-economic-growth/1864434.html

 

Chinese Premier Li Keqiang explained the budget increase, saying, “The armed forces and armed police force are full of new vigor and have enhanced capabilities. This year, we will comprehensively enhance the revolutionary nature of the Chinese armed forces, further modernize them and upgrade their performance and continue to raise their deterrence and combat capabilities in the information age.” http://www.reuters.com/article/2014/03/05/us-china-parliament-defence-idUSBREA2400H20140305

 

While US military analysts might feel alarmed by this Chinese news, a quick glance at the same kind of budget in the US shows a military budget about 6 times as large as China’s. http://www.reuters.com/article/2014/03/06/us-usa-defense-budget-idUSBREA2500W20140306

 

Even more fascinating, China’s budget includes $330 B for environmental projects for water pollution remediation. http://www.reuters.com/article/2014/03/05/us-china-parliament-pollution-idUSBREA2405W20140305

 

Analysts at http://HamiltonFinanceServices.com note that in China, environmental budgets run about 2.5 times higher than military budgets, nationally. The old adage, ‘Put your money where your mouth is,’ might give environmentalists worldwide some perspective on China’s priorities.

 

 

Maybe the USA could learn something from their creditors in China, too. What do you think?

El Nino Returns in 2014, Says NOAA

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El Nino Expected for 2014

 

Today the US National Oceanic and Atmospheric Administration (NOAA) acting director, Mike Halpert, forecast El Nino activity for 2014. http://www.cpc.ncep.noaa.gov/products/analysis_monitoring/enso_advisory/

 

Other scientists have confirmed Halpert’s forecast with new modeling technology. http://news.yahoo.com/comes-el-nino-good-news-us-weather-woes-142354512.html

 

El Nino refers to increased mid Pacific water temperatures that trigger major worldwide weather changes, so predicting El Nino occupies the time of many scientists, economists, and medical care providers. http://www.elnino.noaa.gov/document.html#predicting

 

The most recent past El Nino event in 1997-1998 caused over $3 B in crop loss, so economists worldwide have begun paying close attention to today’s NOAA report. Analysts at http://HamiltonFinanceServices.com have tallied this list of good and bad effects expected in 2014 and 2015 from this year’s El Nino, if it happens:

 

Good

Atlantic hurricanes reduce

US west coast rain increases

US Midwest winter temperatures moderate

 

Bad

Heat waves kill hundreds worldwide

Crop failures worldwide

$Billions economic loss worldwide

Poorer fishing worldwide

All global warming indicators jump up

All insect-born diseases jump up

 

By this analysis, the bad effects clearly surpass the good. The hardest hit areas include coastal economies, especially Peru, South America, where both historic flooding and dreadful fishing have impacted the entire nation for decades. While a few in the US might say the El Nino brings positive benefits, most of the world will disagree. http://www.sfgate.com/news/science/article/Here-comes-El-Nino-good-news-for-US-weather-woes-5293440.php

 

 

How about you? How has El Nino impacted your area historically?

Distributed Denial of Service: Growing and Biting Harder

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Distributed Denial of Service Attacks Out of Control

 

DDOS attacks have surpassed automated defenses, says Prolexic, a firm specializing in online security. http://www.reuters.com/article/2014/03/05/us-cyber-ddos-idUSBREA240XZ20140305

 

Last month Cloudfare, another firm specializing in online security, faced its biggest DDOS threat ever. http://blog.cloudflare.com/technical-details-behind-a-400gbps-ntp-amplification-ddos-attack That attack rose 30 percent higher in power than the largest attack in recorded history.

 

Stories of destroying Mt. Gox and crippling Bitcoin rapidly have risen to the status of mythology. http://techland.time.com/2014/03/03/what-happened-to-mt-gox/ In Europe, Spamhaus news of their DDOS attack hit across the continent. http://gigaom.com/2014/02/11/record-breaking-ddos-attack-struck-on-monday-according-to-reports/ New names of victims like Namecheap reach headlines daily. http://news.cnet.com/8301-1009_3-57619235-83/namecheap-targeted-in-monumental-ddos-attack/

 

What causes most DDOS attacks? It’s not bad weather. http://www.ponemon.org/blog/live-threat-intelligence-impact-report-2013 Analysts at http://HamiltonFinanceServices.com argue that warring nations, crime, and similar dark forces cannot account for all of the cyber carnage.

 

One especially nasty source of the worst recent attacks is wireless printers. You heard right. Wifi connected printers paired with bots intent on emitting millions of data requests offer the latest in DDOS tech. The software can be purchased cheaply by college kids for school projects. http://www.computerworld.com/s/article/9238833/Printers_routers_used_as_bots_in_DDoS_attacks

 

No matter what causes the attacks, some firms like Black Lotus make big money protecting against them. http://www.blacklotus.net/ddos-protection-firm-selects-telx-cloud-connection-center

 

So what should you and I do? One expert who focuses on cyber threats, Alexander Klimburg from the Austrian Institute for International Affairs, is on loan to Harvard University to research an answer to this question. His answer so far: “It’s very hard to know what to do.” http://belfercenter.ksg.harvard.edu/experts/2690/alexander_klimburg.html

 

 

Any opinions out there? Aside from staying offline and shutting down your online business, will cyber bullies reign for the foreseeable future?

UN Human Rights Council Blames Security Council For Syrian Civil War

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UN Human Rights Claim Security Council Is Bad Cop

 

 

The United Nations human rights advocates and investigators point their finger at both commanders on the ground and the Security Council, to blame all of them for the misery in Syria. In other more direct words, Security Council, you’re the cop on the world beat, and you suck! http://www.reuters.com/article/2014/03/05/us-syria-crisis-warcrimes-idUSBREA240RP20140305

 

Analysts at http://HamiltonFinanceServices.com go further to say that the UN seems useless as the world’s policeman, and maybe the idea was doomed from its beginning.

 

Easy targets for the International Criminal Court (ICC), where so-called “rules of war” (RoW) supposedly provide the logic for prosecutions, spring up on the battlefield sooner than victory, if the UN human rights sympathizers can be believed. The commanders of troops make tactical decisions in the context of broader strategic interests, so the beginning point for identifying RoW violations might appear to the uninitiated to be the battlefield. Wrong!

 

As Rules of Engagement (ROE) spring from theater and national strategy to comply with RoW, ground commanders focused on those ROE seek to fulfill strategic orders from superiors by mechanical execution of battle plans far from the decisions about RoW.  Most ground commanders only vaguely recall hearing of RoW, and they clearly do not consider them when complying with their orders. The only perpetrators of RoW end up, historically, as the defeated decision-makers behind the front; victorious decision-makers in contrast retire to comfortable estates with shiny medals on their chests. To prosecute the order-obeying field commanders misses the point of ICC’s jurisdiction and reason for existence under the Rome Statute of 2002 (by which the ICC was formed).

 

So the UN human rights criticism of the UN Security Council for being a bad cop, for shirking responsibility to send bad field commanders and their generals to the ICC, seems premature, to put it mildly. No one has clearly won or lost the war in Syria yet.

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Nonetheless, one salient point offered in the bluster rings profoundly true. Paulo Pinheiro, a Brazilian RoW expert employed by the UN human rights bureau, charges not only field commanders and their generals with crimes but also “states which transfer weapons to ..” Syria. http://www.ohchr.org/EN/HRBodies/HRC/IICISyria/Pages/PaulSergioPinheiro.aspx Does he mean the members of the Security Council, including, for example, the USA, Russia, China, France, or Great Britain? Does he mean that all the fighters in Syria will act as spoiled, violent children no matter what, so if they can find bigger, better guns, rockets, bombs, they will most certainly use them, and there is no meaningful way to stop such children except to stop giving them their preferred weapons? Does he mean that those in charge of the UN, when all is said and done, are the cause of the chaos they seek to control?

 

 

As noted, maybe the UN was doomed from its beginning.

Chevron Beats Ecuador in Manhattan Court But Is Permafrost Oil Next?

Chevron Wins Over Ecuadorian Injustice, But Should Oil Drillers Be Encouraged?

 

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Today US Federal District Judge Lewis Kaplan in Manhattan, NY, USA, ruled that the 2011 decision by an Ecuadorian court was obtained with fraud and therefore is unenforceable. Chevron plans to expand South American drilling as well as other exploration world wide now that the $9.5 B judgment and property seizure has been overruled. The Ecuadorian forces pushing for the judgment against the big oil producer argued that ground contamination by Texaco, now part of Chevron, of the Amazon rainforest justified seizure of all Chevron drilling assets and a hefty fine. Today’s judgment means those assets will be released to permit continued Chevron drilling and exploration. http://www.bloomberg.com/news/2014-03-04/ecuador-judgment-against-chevron-ruled-a-fraud-by-u-s-.html

Contrast Chevron’s South American success with discoveries of a 30,000 year old virus by Aix-Marseille University (AMU) researchers in Siberia. Due to melting permafrost in Siberia, a 98-foot-deep permafrost sample was extracted near the East Siberia Sea. In the sample scientists discovered a large, never before studied virus that affects amoebas. While the newly named Pithovirus Sibericum virus poses no known risk to humans, the same cannot be stated by Jean-Michel Claverie, a bio-informatics researcher and co-author of the AMU study, about other pathogens found in permafrost samples. Claverie and other scientists argue that with increased oil drilling in newly thawed permafrost areas, unknown pathogens will be released that may introduce diseases against which humans have no defenses. http://www.cbsnews.com/news/ancient-virus-resurrected-after-30000-years-scientists-say/

Analysts at http://HamiltonFinanceServices.com point out that risks from rising sea levels will displace hundreds of millions of people well before pathogens possibly released from permafrost reach civilization to cause health risks. So the greater risks on which scientists and governments should focus concern global warming impact on coastal cities, not permafrost oil drilling.

What do you think? Are oil developers unleashing Pandora’s box of horrors, or will millions drown before they have a chance to get sick from new pathogens? Or should we instead watch how the US court system seems to overrule courts from other nations such as Ecuador with impunity to favor big oil interests?

 

 

Facebook To Buy Drone-maker Titan Aerospace for $60 M

Facebook Weaponization with Drones?  http://www.reuters.com/article/2014/03/04/us-facebook-titan-idUSBREA231KB20140304 

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Today Facebook announced its ambition to purchase Titan Aerospace (TA) for $60 M. And what’s the connection between social networking and drones, the specialty of TA? According to Facebook board member Asher Delung, who confirmed unauthorized leaks about the plan, the drones fit with Facebook’s efforts to spread social networking technology across the world to places without wireless Internet connectivity. http://techcrunch.com/2014/03/03/facebook-in-talks-to-acquire-drone-maker-titan-aerospace/

Analysts at http://HamiltonFinanceServices.com wonder aloud how private drones crossing Chinese, Korean, or Iranian airspace might be received. Will Facebook be perceived as a US surveillance puppet by hyper-defensive military forces? Will conservative Muslim or other religious groups find the cultural implications of Facebook acts of war against their religions?

Some social scientists argue that actions to change culture underlie war. http://archive.cyark.org/heritage-at-risk-acts-of-human-aggression-blog So, could Facebook’s planned drone broadcasts to promote social connectivity become a Western weapon of cultural destruction? What do you think?

2 or 3 Moves Ahead? Gates Advises Obama on Ukraine-Russia Action

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When the US Secretary of Defense, an acknowledged expert on Russian politics from a CIA perspective, advises US President Obama to look two or three moves out, as he just did today, one must wonder what the US is truly up to in the face of mounting tensions as Russian tanks and troops gather just east of Crimea. http://news.yahoo.com/obama-must-carefully-calibrate-russia-response-rhetoric-gates-014117221–sector.html

 

Of course the path looks treacherous, no matter which turns the US takes. A major reason for such danger arises from the fact that the US has no real business intervening in those tensions in the first place. The Ukraine-Russia tensions have a long history, older in some ways than the US as a nation, so no westerner, but especially the US, has either military power or moral credibility to act in the region. http://www.reuters.com/article/2014/03/03/ukraine-crisis-putin-idUSL6N0LZ0QK20140303

 

At least Gates realizes that Russian Prime Minister Putin holds huge power on the Russian side of the border with Ukraine, partly because Russia maintains a large, mostly modern military force but also because a significant portion of the Ukraine population identifies with a Russian heritage. http://en.wikipedia.org/wiki/Ukraine and http://www.reuters.com/article/2014/03/03/ukraine-crisis-gas-idUSL6N0M00ZR20140303

 

If Obama needs to be told to look a few moves out, Obama seems to have lost any contest with Russia before it begins, say analysts at http://HamiltonFinanceServices.com. What do you think? Does the US have any legitimate role in the Ukraine-Russia theater? What real interests does the US have there? Why would the US risk confrontation with Russia after seeking for the past five years to find some friendly balance between the two giants’ domains?

 

 

Who Can We Blame, Asks Mt. Gox

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From the beginning of Mt. Gox, claims have run rampant that tracing Bitcoin transactions offers more transparency than any other currency. Oh yeah? So who would be named in a criminal complaint for the hack attack that stole half a billion dollars worth of Bitcoins at Mt. Gox? Answer: We don’t know. http://www.reuters.com/article/2014/02/28/us-bitcoin-mtgox-bankruptcy-idUSBREA1R0FX20140228

 

So, instead of pushing a criminal complaint, Mt. Gox will be hit with civil law suits, meaning suits for money, by frustrated investors who want their money back. One class action suit in Illinois by investor Greg Greene for consumer fraud, negligence, breach of contract, and breach of fiduciary duty exemplifies what will be coming next week and after. http://arstechnica.com/tech-policy/2014/02/illinois-man-files-class-action-lawsuit-against-bitcoin-exchange-mtgox/

 

The obvious technical question: Why can’t the hack attack at Mt. Gox be traced? That’s what Japanese, US, and other investigators want to know. http://gigaom.com/2014/02/27/us-and-japan-authorities-probe-bitcoin-attacks-as-leak-blogger-claims-theres-no-buyer-for-mtgox/

 

And the rest of us want to know the answer to that question, too. So stay tuned. Analysts at http://hamiltonfinanceservices.com forecast a full slate of reports about just what happened and who did it as the investigations unfold. If you have insights, particularly about how it might have been done, people want to know your thoughts.