Currency of the Cyber Economy

gAtO tHiNk- the bad evil hackers are the least of your worries, the real bad guys are the corporate geeks that want every click, every nuance of your digital life and they tell you it’s to give you a better web experience. WoW I didn’t know that selling all my information as I go from site to site is a good thing for me. How about if I’m sick and search for my medical problems will my insurance company want that information to raise my payments. You betcha they do!!!

I’m doing some Tor work now so I’m away from the hump and grind but I been changing my search engines because like google they know what I look for and they give me the same crap and then I switch to yahoo and soon the have me profiled then Bing, whoa!!! what a mistake but I expected very little from them anyway. They were robbing us blind back before Netscape days.

Think about those high tech security geeks they get paid big bucks to guard the hen house and you hear about a new hack every other day why because if you understand the “book” the same one every security geek get’s all those certification all teach the same old done thing and that’s their job to take the masses and control them but the ones that think for themselves are the true pioneers, the ones that dance to a different drum. Look I don’t have any certifications anymore and I know more today about the Tor network than most people around. That’s what interest me and that’s what I like.

The currency of information economy is going swell and the big corporate boys are all for selling everything you do so use Tor and be safe and have a little privacy. Be different and use the tools that work for you and keep your digital breadcrumbs to yourself. I know your not doing anything wrong and you don’t have to prove it to anybody. People say if I use Tor then people will think that I’m a bad guy. Oh Me, Oh My do you really care about other’s control of you. It’s a propaganda war just to keep you afraid of Tor because with it they cannot sell your data. Don’t sell your click for free make them earn them -gATO OuT

Cyber Women and Hollywood

Cyber Women please stand Up

CSI creator launch a new Cybergeddon Yahoo Show GREAT –http://cybergeddon.yahoo.com

Pierluigi and gAtO met with Dare To Pass – CSI – Anthony e. Zuiker, Matthew Weinberg and Josh Cadwell to talk about the new Cyber sensation Cybergeddon in Yahoo. I never met any hollywood types but these guy’s were just dead set on making the show great, and real life. They met with Symantec/Norton folks but they were not prepared for Pierluigi’s charm and solid knowledge of what is in the deep dark web and a loco gAtO that has no rules or reason sometimes.

Let’s just say we where informative and entertaining and after the meeting Josh Cadwell CSI’s real geek -(producer, writer, director too) took the lead. I think this relationship will make the show more real, more believable and as they use real tools and how 2- of the black hackers they will be in a position to not just make a great entertainment show but also it may help other online people to become aware of the dangers of cyberspace. CSI broke new bounds and educated people to the cool science and how technology can be use for good things and help solve crimes. Cybergeddon is set to become another CSI but in cyber Space- About cyber Space— IMHO

gAtO does not even own a TV so I had no clue who CSI was- but these guy’s are really very smart, creative and played hardball when it comes to what they want. Anthony is solid TV Producer type, Matt is a cool genius and Josh has so much knowledge about Tor this that it made us feel comfortable, he is a techno class dude…he knows his technology.

This show is so different not just the content but by putting it on Yahoo they have over 50 million points as a distribution model. This is how smart movie executives are not fighting the Internet but they are embracing it and fixing it to make the model work. We all seen Kim DotCom and other pirate distribute content worldwide – movie guys saw this and said WOW we could keep the distribution cost down and get more views and that’s a big win, win for US the viewers and them the creators.

“I wanna be a Hackers” has become a new cool thing. The geek is becoming a superstar – where the football hero and the nerdy computer club president has similar status. This is new a turn for intelligence not just brute force – I’m one geek that got the beauty queen and so will others. Cybergeddon show’s that even the 4 eye nerd can become a person of power and respect – take the character “Rabbit” yeah I can say I know some hacker like him –

Give them a break guy::: I know you can’t hack everything in 15 keystrokes but they have a limited time – Viewer can have the concentration of a nat, so I will give them that and it has to be entertaining and Chloe the lady Hacker is so cool – I have a daughter that is a strong woman and can hack (a little ) but the role model this set’s up for women in technology is great –

I know of 3 cyber women (they are gonna kill me) C3nTuri0n ?@Centauri3  and ?? ?@7JGoldOrlando and Kandy- these are real live cyber queens that know their shit and are very intelligent, strong and vocal – they take no shit from anyone in cyberspace and sorry but that is cool. They dabble with SE, Bot-Nets and they know cyber security – I feel fortunate to know great ladies like this they teach me so much.. Thanks guy’s…

Cyber Women please stand Up

So my Gray hat goes out the CSI team in wanting to show such a good woman role model, this is a change and I seen it with Latino women shouting about TangoDown all over Latino countries – Women in cyberspace are gaining a lead – we men can sometimes communicate with grunts and get the message across (nOt)- I know this show can be great for equality in cyberspace.

I want to thank Lauren -Dare to Pass – Nicole – National Science Foundation for helping Pierluigi and gATO to have a chance to help in this project. el gAtO lOcO had fun talking about “The Deep Dark Web” (our Book) (available in Amazon) and security, Bitcoins market and the other fantastic cyber things we talked about.

Anthony called me up the next day and we talked about helping them on a new show about a cyber cop who dies and get’s re-born and goes out in the Dark Web to get the bad guys- I think the working title is “RESTART” it should be kinda cool. But hollywood types are all takers – pro bono- but they reap the rewards. I guess that gAtO will not be a famous star— gAtO OuT

MtGox scam attempt

gAtO FoUnD a – Cyber Crooks – a user with the nick ‘torstatusnet’ dropped by today posting false claims that the MtGox is now on the .onion network.

Finally MtGox network Tor! Dear friends MtGox site has finally an anonymous site on Tor network Now it is possible to make anonymous transactions in the world’s largest portfolio of bitcoins. I thought they would never join the Tor network, but announced on her website that the new site is in http://6xjgdqlmvesefnkp.onion/. It seems that the MtGox guarantee confidentiality, and I think that will become the major tool for exchanging bitcoins … Pass by there and check …

So here’s the thing (It’s clearly a scam), took 2 minutes to figure it out.
First of all there’s NO official info from MtGox that they have a onion url.
Second is the error message that shows when you enter any random data into the login.
It routes you to this error:

http://6xjgdqlmvesefnkp.onion.bd.to/login.php

The system has an error. Sorry for the inconvenience, we will try to fix it as soon as possible. Thank you.
If you look closely at the onion url it routes a clearnet domain.

The system has an error. Sorry for the inconvenience, we will try to fix it as soon as possible. Thank you.

<!-- Hosting24 Analytics Code -->
<script type="text/javascript" src="http://stats.hosting24.com/count.php"></script>
<!-- End Of Analytics Code -->

Also the clearnet domain contains the following:

http://6xjgdqlmvesefnkp.onion.bd.to/

Your website is up and running!

Happy Birthday Bitcoin -Book Release Jan 9

Happy Birthday Bitcoin – Available NOW-eBookhttp://www.amazon.com/dp/B00AYA4SVS

bitcoin_cover_cut_02

Jan 9 new Book release -Digital Virtual Currency and Bitcoins -The Dark Web Financial Markets – Exchanges & Secrets

On this day Bitcoin turns 4 years old. As any 4 year old will tell you this has been a wild ride. From a little know digital currency to today’s acceptance into the legal banks and marketplace this little currency that could has shocked world leaders, stunned banking officials all over the world trading and is today in the $13.5-USD range.

Pierluigi and I (gAtO) first came across this when we were covering Wikileak problems and writing our first book – The Deep Dark Web – the cyber underweb we’re finding this new currency and using it because it was working and had no government ties. Bitcoin has been vilified by most governments but the US -UK and it’s ties to currency transaction systems like Visa, Mastercard, PayPal and others (IMF and SEPA, SWIFT to name a few)  became the shot heard around the cyber world.

On the one hand you have Anonymous and other hacktivist using it to show how it cannot be controlled and the other side is the European Central Bank (ECB) published a report in Nov-2012 about finding a solution to Bitcoins place in (FRB) Fractional Reserve Banking, the cornerstone piece of all banks to create money out of thin air.

Thomas Jefferson said: “I sincerely believe that banking institutions are more dangerous to our liberties than standing armies. The issuing power should be taken from the banks and restores to the people to whom it properly belongs”

Digital virtual communities have exploded in recent years – this phenomenon is enabled by social media and the changing world we live in. In some cases some communities have created their own currency for exchange of goods and services but it has expanded to outside their own circles to provide a new medium of exchange, creating new digital virtual currencies that are changing the world.  Bitcoin-Central is now the first Bitcoin exchange to become a bank with guarantee funds insured up to EU$100,000.

When the ECB published that report it was the white flag of surrender but also assurance that the bankers can still control some of it’s power. Let’s face it FRB is the biggest scam by bankers – as they explain this system it is done to expand the economy by freeing up capital that can be loaned out to other parties. WoW that sound so nice of them to do this favor for us in reality it set’s up the cornerstone or their financial profits from nothing.

FRB is were someone deposits 100 dollars in a bank they are required by FRB laws to keep 10% in the vault but now they can loan out 90% of that deposit because they got the governments (us the tax payers) to insure that $100 deposit in case they make bad loans or to make sure they get their bonus checks. So if you came back to the bank to get your money out and they squandered your money on bad loans or just shoddy business practice -oh well no problems – the government will pay you back with our own tax dollars. In other words they take my tax dollars and pay me back with it and then they increase my taxes so that the bankers can keep doing the same thing over and over again. No responsibility and to think that bankers are look up to by business and in persons to be highly respected and good citizens- right!

This is the biggest scam in history they have no responsibility, no reason to be wise and make good investments because they have politicians in their pockets. You know those people that we voted for that are supposed to represent us the people, no they represent these scum’s the bankers. The funny thing that they have no control of Bitcoins like fiat currency. They cannot just print more money up; Bitcoins are created in a way that revolves around MATH – Yeah most people hate math but this time it works so good that these bankers have tried everything in their power to control Bitcoin and other digital currencies and they cannot; they failed.

I will be the one to first tell you that Bitcoins as they are today will NOT be the answer only 21 million total Bitcoins will ever be created and the world needs a bigger unit to scale this for a worldwide monetary solution. Other digital currencies will still be created because of the Bitcoin experiment; and as the world becomes more digitalized we will see that government or corporate control currency solutions will not be trusted by the world community.

Look at Canada’s attempt at Digital currency MintChip at first it was hailed as a winner the first digital currency backed by a world leader like Canada. But somehow after much fanfare and lots of money spent they awarded the team with a the best solution and hid it from everyone – it went to the back room in the filing cabinet never to be heard again. In the 2 or so years that the Canadian took to develop this system it was convinced (by the global bankers) that this would not work. Canafa caved in to the pressure and MintChip is dead – DOA

Maybe the bankers told them to shelf it, it would setup the premise that other governments could do the same and if they can bypass the current system like SEPA or SWIFT or IMF or the World Bank you see they control the financial system and if they don’t like you or you pissed them off they will not allow your country to function in it. Control of the financial network is how the “evil global bankers” control the toy box.

We hope that our new book will open up doors and minds to the possibilities of digital virtual currency and Bitcoin worldwide.

This book explores the new digital currencies and how they are changing the world. When we were researching -The Deep Dark Web book we saw that some of the criminal elements were using this new currency Bitcoin but we also saw that legit business were also adapting to this new currency. We hope to help you learn what is happening with this new currency we cover -Who uses this currency -What are the financial aspects – Governments, Business, Merchants and Criminals. In all we hope to guide you with some of the questions you have.

This book will be an invaluable resource for cyber security professionals, financial policy-makers, business experts, lawyers, merchants, scholars, and researchers, this book provides a comprehensive research from a International cyber security  perspective, technical, and financial implications of the new digital virtual currencies.

 

keywords- digital currency, bitcoins, bitcoin, buying bitcoin, alternative currency, decentralized currency, e-currency,  cryptoxchange, online currency, money, bit coin, cryptocurrency, crypto-currency, bitcointalk, bitcoin talk, exchange, usd, euro, market, bitcoins, transaction, transfer, credit card, bit coin mining, gpu,  virtual currency, cryptopunk, Digital virtual currency,

The Future of Bitcoin and Digital Currency

gAtO ThInK Bitcoin is fast becoming the new payment system of the cyber revolution. Just like Paypal it became a new virtual currency where anyone can stash their money and receive and make payment (a digital Bank). Notice that I did not say currency, why because it just like Paypal and we don’t call then a currency?merchant_Cards

PayPal enables any business or consumer with an email address to securely, conveniently, and cost-effectively send and receive  payment online. Now Bitcoin is doing the same thing but with a digital encrypted wallet, low transaction fees and I can even keep it in my smart phone or device and used it anywhere I need it. What’s the difference is my question why have the status-quo labels Bitcoins evil, because the underground uses it, no because the bankers have not figured out how to make money on it. The Central Europe Bank in charge of the EURO is already looking into Bitcoin Fractional Reserve Banking rates.

So they say that Bitcoins and other digital virtual currencies are evil and used by criminals. Pay pal is being used by millions of cyber criminals everyday so is Visa, Mastercard and SEPA and SWIFT. So why don’t we go after them, maybe gAtO is dumb but we should go after the criminals not the currency. When they counterfeit paper money we trash the paper but we go after the criminals. Thats why I don’t understand the reason to vilified a process, a system that works, is secure encrypted and safe, it can’t be counterfeited, they can’t double spend it. The only conclusion after many months of research is simple the bankers cannot control it and lose power.

The 1% the plutocrats of the world control all the currency and transaction system. They have sold us the fairytale that they are protecting us the consumers, the people. The financial people all tell us that they do everything in their power to protect us when in fact all they care is about you in debt and there profits and bonus checks. Every corporation is under law to provide the maximum profit to their shareholders, they will announce massive layoffs of people and their stock prices rise every time they do that.

Where are the companies that care about the people they employ, where are the companies that really help the community where they are. We hear about offshoring and using slave labor at Apple manufacturing plants and then we hear about 6-8 hour lines to purchase those same product. I want to blame the hipsters for wanting their new toys from child labor camps then asking if the organics vegetables are pure without pesticides. But I type away on my Mac so I’m just as guilty as anyone else.

Digital currency / transaction systems- Bitcoins-BTC – Liberty Reserves – WebMoney-WMZ – LiqPay – QIWI – PayPal – OKPay – Payza/AlertPay – Yandex – UKash vouchers – SEPA bank transfer.

It’s the current or existing state of affairs that the financial people want to protect they hate this change because they cannot control it. They know the loop-holes and how to hide their fortunes and something like a Bitcoin is a shot heard around the world and you know what people are listening -gAtO OuT.

Legality of Bitcoins-Digital Currency?

gAtO gOt –Questions -Virtual Currency Real or Not- Reward Point, or bonus dollars and other forms of digital virtual currencies are normal for credit cards, online game sites, social networks and other specialty merchants and websites it all about true and branding. This new revenue stream is something that merchants are becoming aware of without knowing or understanding the legal aspects of this new digital currency world.

How does digital currency work in governments or does it – is it tax free, can I take campaign contributions with Bitcoins?

There are federal laws about digital currencies (gift cards) that impose inactivity fees, refunds and unused currency to states or regulatory statue in different states, now apply this to the global online stage. Then throw in the 2009 Credit Card Accountability Responsibility and Disclosure Act and the state and federal gift certificate taxes and were do Bitcoins and others fit in. This could be a big financial mistake for budget starve cities, states and countries it’s a worldwide problems. mobile_transaction_01

So how does a merchant handle Digital currency if they decide to accept it for legal goods and service. For example My Book is for sale on my website using Mt.Gox BTC-Bitcoins – So how do I report my Bitcoins Sales 1.8 BTC so how does the Tax man handle the BTC-Bitcoin transaction?? If they accept Bitcoins then they are legal tender as long as I show sales and pay my Tax they now become legal tender by the State, and federal governments??? Right or is Bitcoin just like a Cash sales??? – These are the questions that need answers today, not tomorrow. I would think that governments may be losing revenue if they don’t think about how to handle virtual currencies transactions and incorporate them into the grand scheme of things (also known as red tape).

As smartphones and mobile pad devices increases worldwide more and more global customers are jumping on board. In the Asian gaming world it’s unstoppable people cannot not stop the online addiction and at a such a cheap price people in far away places are getting connected and this new market is a gem for corporations worldwide and e-currencies of any kind will be the new norm. This Jump in mobil devices and games alone will give digital currencies a gigantic boost. These new inexpensive mobile devices are taking farmers in remote villages and bringing them to our modern society very quickly. merchant_Cards

Mobile devices are going worldwide today reaching the remotes corners of civilization and connecting everyone. And they want to spend $$$$$- money- $$$$$

This new mobile computer platform is changing the social and financial aspect of the worldwide landscape. All digital currencies that users accept in and believe in will be accepted. Merchants cry —I don’t care how you pay me as long as you pay me. The privacy aspect of this new currency is another thing that makes this very attractive. When anyone (governments/hackers) can pull your bank records and see every transaction you made.

They know everything every transaction? do they ? -did you know that with Bitcoins all transactions are visible – so we all know someone paid 1.2 BTC and transferred it to wallet_X. You can create a new -alias-wallet for every transaction and this way nobody will ever see your real wallet number. We can hide the wallets, encrypt it, back it up in paper, we can have many wallets and change them so keeping your transactions private is free it comes with the Bitcoin protocol. This is why governments say that terrorist use Bitcoins and other digital currencies to do their evil business,-NAW- well a suitcase full of CASH does the same thing and without and exchange rate to transfer it to my fiat currency… so that fear tactic does not work.. next

Consumers and merchants demand and acceptance of new digital currency has begun and the “jeane is out of the bottle”. These new digital virtual currencies can have very positive aspects in terms of financial innovation and the provision of additional payment alternatives for consumers and that is real competition.

Japans Moba-coins are a fine example: “While popular gambling-style kompu gatcha titles — in which users pay for coins to win prizes — are being eradicated from Japan, DeNA notes that its Moba-coin virtual currency was nonetheless used in a record $689 million worth of transactions in the country”. this revenue stream is only from 40-50 million users imagine when we all hop on this bandwagon.

money009There are many examples of others developing virtual currencies for gaming: NHN Japan offers a global gaming virtual currency called Line Coins; KakaoTalk in Korea offer virtual currencies called Chocos; and Tencent’s Q-Bi in China is firmly entrenched as a virtual currency. All of these are driven by mobile internet gaming services and the real killer will be when the major payments processors get into the virtual payments space.

The legality of Bitcoins have been debated all year long around the world -France, UK, Brazil, United Sates, California, New Hamshire, New York City, Germany, Finland, Italy and even Franklin, TN, USA.

As the price of Bitcoins hovers around $13-14-USD from a low of $4.5-USD this summer. It has attracted the interest of Forex and other players. With the European Central Bank (they control the EURO) report on Bitcoins to be a real thing are getting serious. Then a month later Bitcoin-Central ( French company, Paymium ) becomes the first Bitcoin Bank to carry out functions of payment service provider like PayPal and Dwolla unit of currency. Remember Bitcoin was built to operate completely outside the influence of governments and financial institutions but now Bitcoin is a financial institution.

Whether Bitcoin takes off or not is not the question, some virtual currencies is going to explode thanks to merchants, consumers, in-app gaming via social media and things that have not been created so far. You may disagree, but the aggregation of large amounts of small payments is effectively building a virtual currency system. go to https://blockchain.info and watch the transactions live, check out the “Bitcoin Top100 Recent Transaction”, I seen 124k, 150k 100 times in 1 hour-/ of course trying to track the wallets down to and IP is kinda impossible but mistakes can happen. https://blockchain.info/largest-recent-transactions   network

As we are seeing in New Hampshire allowance to take Bitcoin for campaign contributions put’s Bitcoins directly in the U.S bulls-eye. After this latest presidential election cycle here in American we saw that money is the language of politics and Bitcoins will play a role in our next presidential race 4 years away. Oh did I mention that Bitcoin is only 4 years old on Jan 9. 2013 imagine what the virtual digital currency and Bitcoins will look like in 2016. So are Bitcoins sales like a cash type transactions for governments and are they legal. I think that it’s still in debate but governments running deficits should allow any currency that brings in taxes to the coffers. Are Bitcoins Legal – stay tuned -gAtO OuT

Bitcoinica Rise and Fall from grace:

http://www.bbc.co.uk/news/technology-19244210

Superior Court of California, County of San Francisco

Case Number: CGC-12-522983

Title: BRIAN CARTMELL et al VS. BITCOINICA LP, ALSO KNOWN AS BITCOINICA et al

Cause of Action: CONTRACT/WARRANTY

Generated: Dec-18-2012 6:32 pm PST

http://webaccess.sftc.org/Scripts/Magic94/mgrqispi94.dll?APPNAME=IJS&PRGNAME=ROA22&ARGUMENTS=-ACGC12522983