DOJ is coming after human trafficking coordinated online. But don’t worry guys, all the drug dealers on Silk Road who get people hooked aren’t to blame at all, except that a lot of the victims of human trafficking get sucked into it via drug addiction. Let alone all the direct human trafficking done via Tor with Bitcoin.
In 1997 I attended a speech by Warren Buffett. One thing I’ve always remembered from it, was how he explained he prefers to invest in businesses he understands, like Coca Cola. Buffett staying away from Bitcoin doesn’t surprise me a bit. I doubt he does understand it, but at the same time the outrage by the Bitcoin ideologues is delicious. I guess it beats continued sobbing over all the exchanges that keep dying.
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Wednesday I told you guys to look for two posts of mine. One is still pending, but I at least got my post on the California Amazon tax, and possible referendum shenanigans posted yesterday. At least I’m halfway there.
Beyond self promotion, we still do have other matters, like the pending AT&T/T-Mobile deal. Despite being left out of the Sprint coalition, Free Press is still on the warpath, fighting both the CWA union and the free market. Free Press argues that the deal is bad in part because T-Mobile was supposed to spend more in capital investment, over double AT&T’s planned level. But here’s the problem: he’s effectively double counting. T-Mobile, as an independent network, would have to spend more just to catch up with AT&T. Once the two join forces, they will need to spend less as they will need less spectrum, fewer towers, less backhaul, and everything else that is currently duplicated in markets serviced by both companies now, or serviced now by AT&T with service planned by independent T-Mobile.
Not that Free Press really cares about accuracy. They ran with a Reuters lie about News Corp, and didn’t bother to correct even after Reuters did. No wonder they think we need state-run media. Since they don’t care about the truth, they assume everyone else is as shady as they are.
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The final House vote is coming to repeal Net Neutrality via the Congressional Review Act. I’m pretty interested to see how many Democrats we can get in the House, because it may give a clue of how many Democrats we can get in the Senate. Remember: under the CRA we only need 51, not 60.
I hope we don’t have to fire up the CRA next over socialist wireless data roaming regulation. As I pointed out earlier this week, Sprint stopped investing in its network, while AT&T and Verizon spent even more. So now Sprint customers end up having to roam more when off of Sprint’s network. Should Sprint be allowed to make up for that by getting the government to force a special deal? I don’t think so. Regulation should reward investors and punish free riders. Only then do we truly look out for the public, the people who need more investment made.
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Hello! As it crosses midnight here in California, I apologize for the lateness but do return with yet another installment of Tech at Night.
Still don’t believe the socialist pushes at the FCC are driven in part by a desire to get free stuff? Take a look at the ITU Broadband Plan for the whole world, what with its insistence that governments must build Internet infrastructure, which of course would result in greater state ownership of the Internet.
Ars Technica points out also that the ITU claims that state Internet development will end poverty and hunger. Talk about socialist utopian thought! And we’re supposed to let these types get more power over the Internet with magical thinking like this?
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Good evening. Once again we see shoddy thinking from the FCC as they continue the push for the National Broadband Plan. Not all Americans have equal access to high speed Internet connections they complain, ignoring the fact that some Americans choose to live out in the middle of nowhere, and that choice comes with costs.
Chairman Julius Genachowski and the rest of his socialist team on the FCC don’t care, and just want to pass those costs onto the rest of us, it sounds like. Watch out as they try to declare a right to a good Internet connection, even if you’re off in the hills.
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