• joelkatz (60)in #ripple • 8 years ago

  XRP/Ripple Summary

  Someone recently asked on reddit for a summary of the case for XRP. This was my response. What is XRP? XRP is a crypto-currency that trades on a public ledger. The…

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• joelkatz (60)in #policits • 9 years ago

  Fractional Reserve Banking

  Is our banking system a "scam"? This post is a response both to several of Ron Paul's arguments against fractional reserve banking and a series of tweets between David…

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• joelkatz (60)in #steemit • 9 years ago

  A way to stabilize the price of Steem dollars

  The problem Currently, the price of Steem dollars is down to around $0.76, which is significantly off the $1 they're supposed to be pegged to. I think the reason for this is…

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• joelkatz (60)in #politics • 9 years ago

  Is cash incompatible with a free market?

  Is cash really consistent with a free market? Bloomberg ran an article by Narayana Kocherlakota with the headline, "Want a free market? Abolish cash". The move to…

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• joelkatz (60)in #bitcoin • 9 years ago

  Questions Bitfinex must answer

  There are a lot of questions that people need answers to before they should trust Bitfinex with any of their funds. Also, read to the end to see why US customers should not…

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• joelkatz (60)in #privacy • 9 years ago

  The war on cash continues

  The Wall Street Journal ran an article, The Sinister Side of Cash , arguing that we should phase out all large bills because they're primarily used for crime. Sorry about the…

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• joelkatz (60)in #bitcoin • 9 years ago

  Another huge problem with Bitfinex's bail in

  I just realized there's another huge problem with Bitfinex "socializing" the theft loss. The thefts were from segregated accounts All of the funds stolen from BItfinex…

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• joelkatz (60)in #bitcoin • 9 years ago

  Bitfinex: DO NOT DEPOSIT ANY FUNDS!

  If Bitfinex is insolvent, how are they taking deposits? And how can they allow withdrawals of new deposits? Bitfinex appears to be insolvent Bitfinex has imposed a haircut on…

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• joelkatz (60)in #security • 9 years ago

  Avoiding the next Bitfinex

  The problem: Bitcoins are notoriously difficult to store securely. The theft from Bitfinex shows that multisign is not a magic dust you can sprinkle over your wallet to render…

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• joelkatz (60)in #theft • 9 years ago

  Legal responsibility for the Bitfinex theft (aka "Bitfinexit")

  So who might actually be liable for the Bitfinex theft and what hope might the victims have? The thief Obviously, the thief or thieves are fully liable. If they are caught…

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• joelkatz (60)in #security • 9 years ago

  Bitfinex claiming the compromise was entirely on their end

  We've heard from both Bitfinex and Bitgo that the compromise was entirely on Bitfinex's end and that no Bitgo systems were compromised. We all love to speculate from incomplete…

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• joelkatz (60)in #security • 9 years ago

  Did the CFTC order Bitfinex to store customer's Bitcoins in a hot wallet?

  It now appears that the $70 million Bitfinex compromise may have been the direct result of a CFTC order requiring them to, effectively, store customer's funds in a hot wallet…

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• joelkatz (60)in #steemit • 9 years ago

  Steemit is not a Ponzi scheme

  I have seen quite a few people asking whether Steemit is a Ponzi or pyramid scheme and similar questions have been asked about other crypto-currencies. What is a Ponzi…

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• joelkatz (60)in #security • 9 years ago

  Another reason we can't trust the government with our encryption keys

  People who we think work for our government might also work for other governments. A FBI electronics technician pleaded guilty on Monday to having illegally acted as an agent…

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• joelkatz (60)in #security • 9 years ago

  Are your small appliances spying on you?

  This device was built by the Chinese government. It can be concealed inside a small electronic device such as an electric kettle or an iron. It looks for open WiFi, and if it…

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• joelkatz (60)in #recipes • 9 years ago

  Huli-Huli Chicken Wings

  Huli Huli Chicken Wings Not only in Hawaii anymore The umami of teriyaki, the zestiness of barbecue My wife and I recently spent some time in Hawaii with our daughter and…

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• joelkatz (60)in #politics • 9 years ago

  The war on cash

  This article is a Steem exclusive focusing on how the way we are fighting financial crimes (KYC, BSA, AML) makes no sense, stifles innovation, violates rights, and doesn't…

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• joelkatz (60)in #humor • 9 years ago

  How to keep out religious protestors

  Do you want to keep religious protestors from disrupting your event? Here's an idea: Require people to sign a contract transferring their soul to the devil before they can…

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• joelkatz (60)in #free-speech • 9 years ago

  That damn XKCD cartoon

  Actually, I love the XKCD cartoon about free speech. And I do often see it cited for an appropriate purpose -- to explain to someone that getting kicked out of a private, online…

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• joelkatz (60)in #privacy • 9 years ago

  Cryptocurrency anonymity under attack -- EU to require mapping of wallets to IDs

  Anonymity is under attack. The EU is considering building government databases to map wallets to individual identities: Here's the draft proposal from May of 2015: http And…

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