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782 karma · joined July 18, 2013

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HashThis··on Julian Assange Appears in Court for U.S. Extradition Hearing
Please don't say rape. That is spreading rumors. It was consensual sex without protection
HashThis··on Julian Assange Appears in Court for U.S. Extradition Hearing
It is sad that they are sending this journalist to jail
HashThis··on Congress Is About to Ban the US Government from Offering Free Online Tax Filing
Congress sells out the american people. Congress doesn't work for the American people. Congress works for moneyed interests (corporations). This is congress aiding crony capitalist theft
HashThis··on San Diego Implemented City-Wide Streetlight Surveillance
US Congress doesn't represent US citizens. 84% of the time, the congress person that wins in that district raised the most money. Corporations and the wealthy provide that money to get congress people who represent THEM, not US citizens.

US Congress doesn't represent US citizens. So nothing changes if moneyed interests want US citizens to live under surveillance.

HashThis··on Flaws in Bitcoin make a lasting revival unlikely
Bitcoin is crawl. Next comes walking. Then running.

Dial-up modems weren't created to be the final goal of the internet. They were designed to start traveling that road toward fiber, etc. Same with crypto getting the simplest to get started.

TCP/IP was created. It took 12 more years until HTTP. It is okay to get started simply.

HashThis··on The UAE’s secret hacking team of U.S. mercenaries
If any US citizen that has worked at the NSA, CIA or a contractor for them goes and spies on US citizens for a foreign government must be driven into prison.

> Stroud said her background as an intelligence operative made her comfortable with human rights targets as long as they weren’t Americans.

> She found the work exhilarating. “It was incredible because there weren’t these limitations like there was at the NSA. There wasn’t that bullshit red tape,” she said. “I feel like we did a lot of good work on counterterrorism.”

These are violations of ethics. They can quickly become a betrayal of US citizens.

I think these former INTL workers don't understand that a wave of wrath is coming from US citizens that the shit pulled by INTL services isn't okay.

HashThis··on Iran to Launch State-Backed Cryptocurrency to Counter SWIFT and US Regulations
If Iran was serious, then they would use Ethereum or Bitcoin. They would make an exchange in their country to get local currency in/out Ethereum. The exchange could allow local banks to transfer in/out (ACH-like) to the exchange to get in/out between Ethereum and their local currency. Then all cross-border controls are gone by Ethereum senders and receivers crossing borders.

The only reason not to is:

1) They don't want local currency holders expropriating their capital

2) It could result in their local currency having high inflation or even possible collapse down the road

But... if cross-border flow was really their goal, then they would use Ethereum.

HashThis··on The Feds Cracked El Chapo's Encrypted Comms Network by Flipping His System Admin
The battleground in crypto is so often around crypto key management. With the Snowden revelations, it was obvious that the NSA strategy is going after keys in targets key management systems first.

Then cryptoanalysis becomes O(n)

HashThis··on Ask HN: How to start a startup that requires a high amount of initial capital?
The fix has two steps:

1) Bring in co-founders whom raised $100m+ from VCs in companies they were in before. Also, one of those companies needed to have had an exit where it was very profitable for those VCs. Getting these co-founders is hard, but it is your fix. One of them needs to have been the CEO of the former successful exit.

2) Use $500k in capital to build the pre-launch version. Be hyper-capital efficient building the tech, for demos to investors. Bring the product working to investors along with those co-founders as part of the team.

Make sure those co-founders confirm that they think they can raise the capital in this business model.

HashThis··on Can We Survive the Next Financial Crisis?
>> $5 trillion > This sounds like a made up number. What is your source?

$1.3 trillion from two levels of TARP, plus AIG, plus Fannie/Fredy.

The rest has been documented from lost of people who had sustainable mortgages but lost their home due to 9% unemployment that lasted years. There are many sources that cover this. I've read several books on the mortgage crisis and they are all in this category. That is a subset of the $13 trillion referenced in wikipedia sub-prime article.

>> Wall Street over leveragged had huge wealth handed to them in money printing that was giving directly to their balance sheets. > But there were certainly not any "no strings attached" givings of cash to the big financial entities.

You are missing the big robbery. Investment banking firms that purchased the CDOs/MBSs only had 3% of assets backing massive leverage. The reason the financial industry was going to CEASE UP was because they all didn't have the assets to backup the extreme leverage.

The robbery came because extreme money printing (QE) was used to "give assets" to banks so they would have far more than 3% assets to backup their massive leverage. The US tax payer was robbed with the money handed to them to sit on their balance sheets. That is the way their assets backing leverage raised above 3%. Banks getting more than 3% assets didn't happen any other way. Massive inflation will happen when this massive assets flood the market once a bank gets in trouble and transfers these QE "assets" into the market. That is when citizens will get robbed by the huge inflation impact of that QE.

HashThis··on Can We Survive the Next Financial Crisis?
The average citizen not paying attention will stop when the next financial crisis hits.
HashThis··on Can We Survive the Next Financial Crisis?
The USA government has been selling out US citizens for decades (except the priviliged classes) The US government hasn't fixed it self, and won't.
HashThis··on Can We Survive the Next Financial Crisis?
The surprise that is coming is that the working class won't tolerate being robbed in the next financial crisis.

Working American's had to financially absorb the 2008 Mortgage crisis. 2008 was a direct robbery because Mortgage Orginators KNEW the mortgages would blow up, because their own Underwriting equations said they would. That is why they did fraud on the customer's income levels or worked with politicians to allow ignoring customer's income.

It caused a $5 trillion in transfer from the wealthy away from the working classes to the investor class in that 2008 Mortgage crisis.

The 2008 Mortgage crisis robbed the working classes, and transferred to the investor classes. Homes lost because of unemployment. Savings gone via rigged economy unemployment. Bail outs. Banks offloaded their worthless assets with government buying them. Wall Street over leveragged had huge wealth handed to them in money printing that was giving directly to their balance sheets.

The surpise will come the next time a Financial Crisis comes and the government works to sell out the working class

HashThis··on The Stock Market Is Shrinking
Historically, the stock market would return 10% YoY (after averaging out). The problem is that that number has dropped. Decades ago, companies IPOed with $50m to $100m in revenue and citizens could enjoy the growth from there (like MSFT). But now, they tend to have to IPO with $1b+ in revenue (like Facebook). Many unhealthy economic factors drive down the public stock growth rate.

That is the core problem.

10% YoY for index funds = healthy. Far lower for rigged economy reasons = a large scale societal problem.

HashThis··on Amazon Pushes Facial Recognition to Police, Critics See Surveillance Risk
> The fourth amendment does not matter anymore and nobody gives a shit.

It does matter. Citizens do care. Just because they haven't taken action yet doesn't mean that they don't care or won't.

HashThis··on LocationSmart Leaked Location Data for All Major U.S. Carriers in Real Time
Do all carrier customers get hurt by this? If I don't use LocationSmart, does it impact me? What products use this that expose me to this?
HashThis··on The brazenness of the LIBOR scam
They escape goated this guy. They had an excel file they had a wide range of people fill in their values that went into the LIBOR number. Tom Hayes sent things over email which helped them scape goat him. When Tom Hayes was hired, they trained him how to do this LIBOR rigging process. He did bad things also but he was just a part of a system
HashThis··on Digital hippies want to integrate life and work, but not in a good way
I think it is the opposite. Millenials don't necessarily want the big company grind. They want something with less overhead that they can't control. They can create a startup, join one, or be a freelancer. This adds a more enjoyable work environment when going this path.
HashThis··on US Senate Bill S.1241 to Criminalize Concealed Ownership of Bitcoin
The United States has divided into a privileged class vs commoners:

1) PRIVILEGED CLASSES: Easy cheap to create Off-shore shell company legal entity. Hide ownership of your money. It will auto-shift to a new country if government tries to uncover ownership. Offshore laws make it illegal for bank workers to uncover identity

2) COMMONERS: FinCen dominates over commoners. Every transaction tracked. Prison if you have Bitcoin privacy. They can put you in prison if they claim two transactions were because you were trying to get privacy from government.

HashThis··on Paradise Papers: New leak from offshore finance firm
The specific actions the DNC took to cause Bernie to lose includes: 1) They chose to put the debate between Hillary and Bernie at MIDNIGHT so people wouldn't watch the debates. It was at the start of the primaries when people didn't know much about Bernie so the DNC decided that nobody watching the Democrat's primary debates helped Hillary

2) In the debates, they gave the questions to Hillary before the debates. The DNC controlled debates gave them to a CNN person who would give them to Hillary

3) The DNC owns the decision about Super delegates. Super delegates == ignoring one-citizen-one-vote

4) Arizona greatly reduced polling stations. With 3+ hour waits, people gave up. The DNC knew that Hillary voters voted at a higher ratio on mail-in-ballots, so it skewed to Hillary.

5) The California level had Bernie votes made in a way that they were all not counted:

In California 2016 election, "NPP" (Non-party voters) the election committee training pole workers to give them "provisional ballots". All of those NPP votes ("provisional ballots") were thrown away. The only NPP voters that could be counted were "Democratic cross-over ballots", but they they poll voters weren't trained that way. Bernie Sanders votes where thrown away. In California Bernie had 61% in polls against Clinton, but then lost. . https://www.youtube.com/watch?v=MoGeDGHmwJU

HashThis··on Ask HN: We have a great team and capital but can't find a good idea
I have a great business model but I'm looking for a team to pair up with. Please contact me if you wanted a software engineer to join your team, and bring a great business model.

I've had successful exits in the past. BryanStarbuck@gmail.com

HashThis··on Facebook Blocks Chinese Billionaire Who Tells Tales of Corruption
We need facebook to respond to this. Does he include someone's email or phone number? Or is simply referring to people's names a problem. If it is only referring to people's names to get banned, then that is horrible of facebook to do.
HashThis··on W3C abandons consensus, standardizes DRM, EFF resigns
Our democracy has a problem. Crony capitalists will sell out to corporations. They will reject the democratic process in order to sell out to corporations to have power to monetize those citizens. They don't care about protecting citizens.

DRM in standards == force == freedom removed

HashThis··on Filecoin Suspends ICO After Raising $186M in One Hour
This is pointing out something profound. Investing is powerful when you can have liquidity right away.

AN ASIDE: The valuation in the ICOs too high. But the following profound point still holds true...

Imaging if an angel investor can invest in a company early, like Dropbox. Then when it grows some, he could sell 10% of his shares on a highly public and liquid market (like Ethereum coin exchange). He then invests that in AirBnB when it was tiny. He may invest in a startup that goes down after the Series A. Oh well, he may sell for 30% the valuation he invested in. The power is there by those who make big gains in the big winners, and that they can then move money out very soon and into new places.

HashThis··on What Really Happened with Vista
I remember when managed code was killed. We could never get hangs and quality issues to go away. There was an amazing long write-up on the fundamental issues. They were unfixable, so it had to go.

Everyone trying to drive to a stable release was happy to see it go, because otherwise our job was impossible.

HashThis··on H-1B visas mainly go to Indian outsourcing firms
Microsoft US citizen employees lost their jobs but first were forced to train their H1B replacements. I know some of these workers that lost their jobs and had to replace their H1B replacements at Microsoft.
HashThis··on Behind the Scenes of Mexico's Sinaloa Cartel
Mexico replaced Columbia
HashThis··on Inspector General criticizes the IRS for seizing money from innocent people
This violates our constitution and our rights. The government is out right stealing. They are criminals for stealing. We can't excuse it.
HashThis··on Inspector General criticizes the IRS for seizing money from innocent people
It isn't okay to use a rough tool to steal. The IRS is stealing from people. They need proof people have this money illegally or they are an outright criminal who is stealing.
HashThis··on Jeff Bezos Is Now the World's Second Richest Person
That is the same reason many Seattle startups picked being in Seattle. Software engineers, cost efficient to run a startup (office space), a great startup ecosystem, 2 hours from the valley, and decent ability to raise capital.
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