The argument for the ECPA (email warrant law) reform in a nutshell: because a lot of people store important data on other people’s servers, we need to tighten warrant laws for that data. I don’t buy the necessity, especially with FISA also under attack. If terrorists have data on Google’s servers, I want Google to be able to hand over that data. But this idea is popular and I expect it to pass eventually.
I called it: China cut Bitcoin’s access to the Chinese banking system, just as the US cut online gambling access to the US banking system (and like the US did after the freezing of Mt. Gox’s Dwolla account. Result: Bitcoin prices are tumbling, even if firms like Bank of America can’t assume it’s going to go away.
I wish it would though, since Bitcoin continues to be a magnet for crime.
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IRFA is a bill seemingly written by Pandora to stick it to copyright holders and pad their bottom line.
Other Internet radio firms are doing fine. Spotify’s growing. Apple is reportedly in negotiations with copyright holders to create their own service. Pandora is probably feeling the competitive pinch since Spotify came over from Europe, and instead of competing and innovating, wants the government to pull a Net Neutrality and shift some rents their way.
Why do we want to impose price controls? Look, if you came to me and said here’s a bill to deregulate the whole thing, I’d be all for that. But IRFA doesn’t deregulate. It tightens regulations. It picks winners and losers.
This is the same old stuff we’ve been seeing from Washington since January 20, 2009. Washington has been tilting the playing field for all those hipster-filled online firms that love Obama, and worked to re-elect Obama, and now they’re trying to wrap a free market flag around it and get us to sign on.
Didn’t we settle the price controls debate decades ago? Reject IRFA, Republicans. Thanks.
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Anonymous and its associated online criminal organizations continue to face losses. A top Lulzsec leader was arrested in Scotland. Remember, this guy is no “activist.” He stole from people who happened to have Visas or MasterCards. Vigilante action against Anonymous and its online criminal wings continues, as well.
Anonymous is in such trouble, they’re now desperate for allies, begging unions to join their cause. Note that by targeting Paypal, Anonymous threatens the livelihoods of many who depend on income via Paypal simply to stay in business and pay bills.
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