News Items

Bitcoin Core Developer Gavin Andresen Speaks – It’s Not Bitcoin’s Fault, it’s Mt. Gox

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I have no technical expertise whatsoever, but I know a shit show when I see one. As such, I wrote an article this past Saturday articulating why I think Mt. Gox is essentially finished as an exchange. However, Gavin Andresen is one of the protocol’s core developers, and he had something to say about Mt. Gox … Read more

The Day We Fight Back – Big Internet Protest Against the NSA is Planned for Tomorrow

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Tomorrow, a large coalition of privacy and civil liberties concerned organizations and companies will launch a grassroots campaign to stop illegal NSA spying called “The Day We Fight Back.” The organizers of this event are a diverse bunch, including the Electronic Frontier Foundation (EFF), Demand Progress, Mozilla, Campaign for Liberty, the ACLU and many, many more.

The protest is encouraging websites to put up a banner that will highlight ways to call and email your Congressional representatives in order to push them to support the USA Freedom Act, the only NSA focused legislation currently moving through Congress that actually has teeth to it in order to defend the 4th Amendment.

Liberty Blitzkrieg will be participating in this protest.

The organization describes its action as follows:

DEAR USERS OF THE INTERNET,

In January 2012 we defeated the SOPA and PIPA censorship legislation with the largest Internet protest in history. Today we face another critical threat, one that again undermines the Internet and the notion that any of us live in a genuinely free society: mass surveillance.

In celebration of the win against SOPA and PIPA two years ago, and in memory of one of its leaders, Aaron Swartz, we are planning a day of protest against mass surveillance, to take place this February 11th.

Together we will push back against powers that seek to observe, collect, and analyze our every digital action. Together, we will make it clear that such behavior is not compatible with democratic governance. Together, if we persist, we will win this fight.

WHAT WE’LL DO ON FEBRUARY 11th:

If you’re in the US: Thousands of websites will host banners urging people to call/email Congress. We’ll ask legislators to oppose the FISA Improvements Act, support the USA Freedom Act, and enact protections for non-Americans.

If you’re not in the US: Visitors will be asked to urge appropriate targets to institute privacy protections.

The Hill covered the protest. Here are some excerpts:

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My Thoughts on Mt. Gox

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I was going to start this article by stating: “Mt. Gox needs to get its shit together.” But its too late for that. Much too late. Mt.Gox has been the dominant Bitcoin exchange pretty much since the beginning. In its brief history, it has suffered several bad setbacks, with the one last spring an incident … Read more

You Can Now Buy Bud for Bitcoin in Washington State

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Bitcoin and bud are a match made in liberty heaven. They are perfect examples of things people want, but that the state thinks is their job to “protect” you from. Two inevitable forces, two civil rights issues. Bitcoin can help the nascent legal marijuana business, and the marijuana business can help Bitcoin. I wrote a piece all about this last month, which I suggest reading titled: How Bitcoin Could Serve the Marijuana Industry as Banks Remain Too Scared to Enter.

Now from Coindesk:

Medical marijuana dispensary Kouchlock Productions, which opened on Monday February 3, began accepting bitcoin for its wares this week. The dispensary, based in Spokane, is said to already have sold the drug in several bitcoin transactions.

While medical mariijuana dispensaries are legal in the state, they are still federally illegal, which makes it difficult for them to process credit cards. This makes bitcoin a useful alternative for them.

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Bitcoin vs. Apple: Videos of Users Destroying Their iPhones Proliferate on YouTube

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Apple unleashed a well deserved firestorm in the Bitcoin community with its decision to suddenly ban the extremely popular Blockchain app. This app was the last remaining user friendly way to facilitate Bitcoin transactions on iPhones and it had been downloaded 120,000 times. Apple has remained completely silent on its reasons for removing the app, … Read more

An Open Letter to Sam Zell: Why Your Statements are Delusional and Dangerous

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The 1 percent are being pummeled because it’s politically convenient to do so. The problem is that the world and this country should not talk about envy of the 1 percent. It should talk about emulating the 1 percent. The 1 percent work harder. The 1 percent are much bigger factors in all forms of our society.

– Sam Zell yesterday on Bloomberg Television

Mr. Zell,
I’ve seen clips of you on television several times in the past. I can’t say those appearances elicited strong reactions from me. I can recall being offended at things you have said, and I can remember agreeing with you on other occasions. However, yesterday I found your statements on “class warfare,” “envy” and the “1%” delusional and dangerous. I will address these two points separately.

Why Your Statements Are Delusional

Individuals, social classes, even cultures and nation-states develop storylines and so-called “myths” about themselves and how they fit into the bigger picture of current events and human history. We all see ourselves and whatever group(s) with which we identify within a particular social, political and economic context. This is obvious, yet it is much more difficult to look at your owns myths and question them. It is far easier to look at other groups’ myths and heap criticism on them. That is basically all you do.

For the purpose of this letter, I will focus on socio-economic groups that people are now using in these contemporary United States. Ever since Occupy Wall Street popularized the terms, many people have divided themselves into two overly-simplistic groups, the so-called 99% and the 1%. However, this isn’t the real struggle. I was always against the 1% label, because the true cancer, the true problem comes from a much smaller slice of the population. It comes from what I call the “oligarchs,” the 0.01%, and the politicians that do their bidding. This is your class Mr. Zell, so let’s get that straight right off the bat. That doesn’t mean everyone in the 0.01% should be vilified. I am certain there are many well meaning, decent and honestly good people in that bucket. Nevertheless, what the past five years have proven without a shadow of a doubt is that this class collectively represents the most destructive, delusional and counter-productive members of our society.

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Wisconsin Middle School Forces Children to Play “Cross the Line” Game – Asks Kids if Parents are Alcoholics

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Just in case you had any lingering doubt about the uselessness of many U.S. public schools, I bring to you Marinette Middle School. Yes, the administrators of this school thought it would be a fantastic idea to gather sixth graders around and ask them in front of all their classmates questions like; if their parents are alcoholics, … Read more

Highlighting the LLC IRA – Own Gold, Silver or Bitcoins for Your Retirement

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I have brought the guys at Perpetual Assets to your attention once before, following my meeting them at the Liberty Masterminds conference in Dallas (check out my speech here)( this past summer. While these guys sell bullion, they do a lot more than just that. In fact, what separates them from others relates to the … Read more

Video of the Day – Thuggish Militarized Police Terrorize and SWAT Team Iowa Family

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So police in the city of Ankeny, Iowa are on the hunt for a couple of people suspected of credit card fraud. Their solution? Conduct a SWAT raid on an older woman’s Iowa home with a team of at least eight militarized, storm-trooper wannabe cops. In a raid that appears more suitable for a compound in Abbottabad than a neighborhood in the corn belt, you’d at least think they were certain they had the right home? Wrong.

The police didn’t find the suspects they were looking for, and instead went ahead and arrested two other people in completely unrelated charges to justify their ridiculous behavior. If not for the fact the family had security cameras installed (which the police made every attempt to dismantle), we would have no evidence of this wildly inappropriate behavior. You seriously have to wonder what is wrong with these people. Are they still being taught their mission is to “Protect and Serve” or has this been change to “Probe and SWAT.” One seriously has to wonder.

This video is brought to our attention by Radley Balko, author of Rise of the Warrior Cop, and now a writer for the Washington Post. I have highlighted Mr. Balko’s excellent work in the past, most recently last summer in my article: There are Over 50,000 SWAT Team Raids Annually in America, which you should definitely go back and read.

In his article for the Washington Post, Radley writes:

Watch this video, taken from a police raid in Des Moines, Iowa. Send it to some people. When critics (like me) warn about the dangers of police militarization, this is what we’re talking about. You’ll see the raid team, dressed in battle-dress uniforms, helmets and face-covering balaclava hoods take down the family’s door with a battering ram. You’ll see them storm the home with ballistics shields, guns at the ready. More troubling still, you’ll see not one but two officers attempt to prevent the family from having an independent record of the raid, one by destroying a surveillance camera, another by blocking another camera’s lens.

Now here’s the video. Brace yourself, this is extraordinarily disturbing and pathetic behavior:

Radley continues:

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Video of the Day – Edward Snowden’s Recent Interview with German Television

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Many people have lamented the fact that the U.S. mainstream propaganda media has barely covered this excellent interview of Edward Snowden conducted recently by German television. Some have gone so far as to call it intentional censorship. Either way, I’m more than happy to bring it to you. There’s a lot of really good stuff … Read more