Funny how Bitcoin ATM installations get all that hype, but their later flops and removals get much less attention.
They’ve got to be so desperate for good news in the Bitcoin community. Imagine being one of those suckers who bought in at $1000 or even $800, only to get hit with the steady drumbeat of Bitcoin criminality and government attacks.
And don’t forget: Bitcoin mining is getting harder all the time. As time goes on, mining is going to get so hard that the pool will thin, making it easier for a well-off team to take over 51% of the network and hijack the whole thing. If that hasn’t already happened yet. Because if you had 51% of Bitcoin, wouldn’t you… hide some of your resources under an alias so as not to scare people off?
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ACU and other normally small-government types have bafflingly come out against the satellite TV bill STELA, and Steve Scalise’s efforts to enact Retransmission Consent reform, a cable idea first proposed jointly with Jim DeMint. This is wrong, and this is a strange supporting of laws that pick winners and losers.
You see, back in the 70s when Cable TV started to take off, broadcasters and socialists alike freaked out. Broadcasters because they were faced with competition for eyeballs where they previously had a monopoly, and socialists because it offended that someone might actually pay for TV. So they teamed up to rig the system, passing laws and regulations that prevented an open market for many broadcasts, instead creating territorial monopolies for broadcasters. These regulations have let the broadcasters get fat and happy (see also Aereo).
Pass retransmission consent reform. Supporters say without reform we “simulate” a free market, and to reform would harm “content producers.” This turns the truth on its head. Broadcasters are overpaid, underworked middlemen with government-manufactured monopolies. They produce nothing but just happen to hold a government license to spectrum. Make ’em compete. And certainly never make satellite providers buy from a propagandist like The Weather Channel.
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Remember during the height of the Edward Snowden media frenzy, how his defenders would dutifully parrot every word RT said about him? Here’s your great Snowden defender now. RT and Snowden are the enemies of liberty, peace, and the United States of America.
Bitcoin is the fantasy tool of ideologues, the 21st century version of Goldbuggery, but there turns out to be a group even more ridiculous than the Bitcoin zealots: TSA agents.
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As I mentioned Friday night, I had so much to cover I was breaking up Tech at Night into two parts. This is part two.
Remember when I called out Wikileaks for abandoning their ally Edward Snowden in Russia? They claimed he had settled there and their job was done, but I knew better. Well, here’s the proof that they’ve used him up and thrown him away: he’s still trying to get out of Russia, this time to Brazil. Spying for Wikileaks doesn’t even pay.
Remember when Snowden was supposed to be all about defending American civil liberties? Now he’s sticking up for Russia against Norway. Huh. Almost like we’d expect a traitor that fled ultimately to Russia to do, eh?
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Here at RedState this week, Fred Campbell compared Retransmission Consent with Net Neutrality. Some may think the Steve Scalise bill (on an idea backed by Jim DeMint when he was in the Senate) doesn’t go far enough, but it’s a step, and it’s a lot better than the heavy headed, high-regulatory approach promoted by Anna Eshoo and Zoe Lofgren, Democrats both.
The Obama administration may be terrible on phone unlocking, but they managed to get something done with industry after all.
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Two reminders I usually make here. Use good passwords, and make sure not to run software you don’t trust. Keep your software updated. If you use it, consider switching away from the leading target online, Microsoft Windows. Government is trying to catch these guys, but you have to lock your own door at night.
Teenagers need to be monitored online. It’s for their protection against bad elements. Most parents would be disturbed to see their kids making videos like this, but without somebody watching, how would parents ever even know their kids were making video responses to requests by predators?
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Enough about Manning for right now. Back to Snowden. Edward Snowden and the Glenns Greenwald say Snowden wasn’t their source. Of course they’re saying that. Why wouldn’t they say it, whether it’s true or not? If Snowden was the source Greenwald and the Guardian gain nothing by admitting it. He especially has nothing to gain when his boy toy is getting stopped at airports.
And let’s be clear about the ongoing Time Warner/CBS dispute: the problem was created by government, specifically antiquated regulations designed to hinder cable television and aid the lucky network affiliates. That is, regulation hinders innovation and picks winners and losers.
Deregulate, or at the very least loosen the regulations as Steve Scalise and Jim DeMint tried a while back.
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So I’ve been gone a while. Sorry about that. After Summer Games Done Quick and the Redstate Gathering, I was supposed to be back in action. But a case of the shingles took me down fast. I was a sleepless zombie in pain for a week. No fun. Was actually alright on Friday, but I had so much reading to do I couldn’t catch up in time to post on Friday, so here we are. Hang on.
So let’s start with Time-Warner and CBS. The two had their negotiations fall through with respect to carrying CBS on Cable, and so a blackout began. The left wants this as the pretext to more government, but let’s be clear about this. Government created this pickle. The way out of it was proposed way back when, and backed in Tech at Night, when Jim DeMint and Steve Scalise proposed legislation. It’s still the right answer.
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Right now the top issues are both getting lots of attention in the Senate. One is the cybersecurity bill. It’s been difficult for me to find out much about what’s going on with it, and it turns out there’s a reason. Sources familiar with the situation indicate to me that Harry Reid has been negotiating with Republicans in bad faith. Even Republicans who love to negotiate with Democrats, and are well known for producing major pieces of legislation with Democrats, are being stonewalled.
Lieberman-Collins is even worse than I thought, too.
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So, the Marketplace Fairness Act. Ben Domenech and Francis Cianfrocca recently went off on it on Coffee and Markets, which is a great series to listen to. Having an opportunity to block out time to listen to it is probably the best part of having a 2.5 hour commute from Arlington to Purcellville (and then 2.5 hours back).
I support the bill, and the interstate compact it approves, and I’d like to explain why.
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