Upcoming Events

International | Anti-Capitalism

no events match your query!

New Events

International

no events posted in last week

User Preferences

  • Language - en | ga
  • text size >>
  • make this your indymedia front page make this your indymedia front page

Blog Feeds

forward

Irish Left Review
Joined up thinking for the Irish Left

offsite link Grexit or Compromise: Which Way for the Greek Left? Wed Feb 25, 2015 00:08 | Christos Kefalis

offsite link How the Austerity Con Works Tue Feb 24, 2015 21:26 | Michael Burke

offsite link Greek Reforms Submission as Presented to the President of the Eurogroup Today Tue Feb 24, 2015 11:32 | Irish Left Review

offsite link Grassroots Strategy Weekend Tue Feb 17, 2015 21:56 | Irish Left Review

offsite link The Politics of Breathing Space ? or Why the Irish Government Can?t Let Syriza ?... Tue Feb 17, 2015 15:18 | Michael Taft

Irish Left Review >>

Spirit of Contradiction

offsite link Spain is not Greece, or is it? Electoral prospects for the left in 2015. Thu Feb 05, 2015 19:00 | modulus

offsite link SYRIZA and Memnosyne Sat Jan 24, 2015 09:09 | Jerome Nikolai Warren

offsite link Why the Workers’ Party Wed Jan 21, 2015 20:08 | Gavin Mendel-Gleason

offsite link “It’s boring but necessary”: An Interview with Jos Alembic (aka “Q”) o... Mon Jan 05, 2015 18:44 | Jerome Nikolai Warren

offsite link Is Class Real? Some Empirical Contributions from Econophysics Tue Oct 28, 2014 18:40 | Gavin Mendel-Gleason

Spirit of Contradiction >>

Public Inquiry
Just another WordPress site

offsite link RTE: The listeners can wait

offsite link Vincent Browne: Captured by the bankers Anthony

offsite link Alan Dukes: Tax evasion and corruption at root of Greek problem Anthony

offsite link Charlie Hebdo magazine in school: Why apologise? Anthony

offsite link Junior Minister Dara Murphy: Not just politically stupid Anthony

Public Inquiry >>

The Saker
A bird's eye view of the vineyard

offsite link Police beating people protesting currency collapse in Kiev VINEYARDSAKER:

offsite link Ukraine February 26th SITREP: A Ukrainian Smrrebrd VINEYARDSAKER:

offsite link 26.02.2015 Ukrainian crisis news. War in Ukraine, Donbass, Kiev VINEYARDSAKER:

offsite link At the finish line of deindustrialization: how Ukraine loses its industry VINEYARDSAKER:

offsite link Motorola & Givi awarded with Golden Stars of Heroes of DPR VINEYARDSAKER:

The Saker >>

Bitcoin comes under scrutiny of US government as the distributed crypto currency gains momentum

category international | anti-capitalism | news report author Friday May 17, 2013 07:19author by lefty Report this post to the editors

Homeland security in the US has frozen the account of one of the largest Bitcoin traders "Dwolla"

Homeland security in the US has frozen the account of one of the largest Bitcoin traders "Dwolla"

This is not the first time the decentralised alternative cryptocurrency has come under attack. There was also the massive DDos attack on "MtGox" recently.

It's clear that the financial terrorists and governments are starting to worry that bitcoin will get real traction and if this happens on a large scale, they may lose their iron grip on the currency market and interest rate regulation.

http://mashable.com/2013/05/14/dwolla-homeland-security/
http://news.cnet.com/8301-13578_3-57584511-38/homeland-...fers/

What is bitcoin?

For those who don't already know, Bitcoin is a crypto currency which can easily be transported and can change hands virtually (with appropriate precautions!) anonymously without incurring the large fees currently required. It has a fixed upper limit of 21 million on the total number of Bitcoins (or BTC) allowed to be in circulation, so money printing is not an option.

Bitcoin transactions are verified by a decentralised peer network of bitcoin miners, which invites comparisons with the bittorrent network. Bitcoin miners "mine" for bitcoins by running high powered computers to crunch difficult mathematical problems. Essentially trading electricity for money. While doing this, the software they are running also helps to validate bitcoin transactions across the network. The incentive they have for this activity is the "discovery" of new bitcoins, and a small fee for processing.

Some useful links:

http://bitcoin.org/en/
https://mtgox.com/
https://www.dwolla.com/
http://en.wikipedia.org/wiki/Bitcoin

author by Tpublication date Thu Mar 06, 2014 21:42Report this post to the editors

If you are a threat to the system then you are dead. And so Bitcoin which came on the scene in the last few years has been recognised as a threat to the existing money order. Already Bitcoin is banned in China and the US feds are all over it.

Last week one of the main Bitcoin exchanges Mt.Gox filed for bankruptcy in Japan. And now this latest news where a 28 year old American woman Autumn Radtke who was the CEO of a bitcoin exchange in Singapore has been found dead. Even though the press are trying to say it was suicide, her family said it is out of character and it clearly is part of the signal going out to all major players in the bitcoin arena. Back off and shutdown or else.

Related Link: http://intellihub.com/28-year-old-bitcoin-exchange-ceo-...cide/
author by fredpublication date Wed Mar 12, 2014 13:29Report this post to the editors

"Hackers" (or is it US government hackers?? ) are holding bitcoin MT Gox customers to ransom over their personal data.

Looks like the people who pulled down MT Gox are looking for maximum bad press for bitcoin

http://www.zerohedge.com/news/2014-03-11/isnt-it-ironic...onal-

 
© 2001-2015 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy