If people don’t realize cryptocurrency “payment channels” (basically like a purchase order between merchants – settled up later but pre-approved) is a threat to the petrodollar, they are mistaken. The USD is nothing more than what we would call “proof of stake” in the crypto world. The Fed is the issuer, the stake.
Energy traded based on a proof of stake crypto currency pinned to the future value of a fiat currency in, say 30 days, via a smart contract could replace the influence of the US at a global level – I believe you are mistaken.
SAN FRANCISCO — Last year, representatives of 25 countries met in Tokyo to work on setting international standards for the blockchain, the technology that was introduced by the virtual currency Bitcoin and has ignited intense interest in corporate and government circles.
Some of the technologists at the meeting of the International Standards Organization were surprised when they learned that the head of the Russian delegation, Grigory Marshalko, worked for the F.S.B., the intelligence agency that is the successor to the K.G.B.
They were even more surprised when they asked the F.S.B. agent why the Russians were devoting such resources to the blockchain standards.
“Look, the internet belongs to the Americans — but blockchain will belong to us,” he said, according to one delegate who was there. The Russian added that two other members of his country’s four-person delegation to the conference also worked for the F.S.B.
Nov 8, 2017. From the Reuters article regarding former CEO of Yahoo Marissa Mayer’s testimony before Congress:
WASHINGTON (Reuters) – Former Yahoo Chief Executive Marissa Mayer apologized on Wednesday for two massive data breaches at the internet company, blaming Russian agents for at least one of them, at a hearing on the growing number of cyber attacks on major U.S. companies.
Having spent the majority of the last three years doing almost exclusively InfoSec and Security on the Tendenci SaaS Cloud, not by choice but out of necessity, I do feel a bit of vindication as they confirm the facts. This is DATA people. Not opinion. I see it every day.
Tendenci has always kept logs, but never before have we had to have three (and sometimes four) sets of logs kept in different locations. Log verification, audit, cross references, searching through millions of logs DAILY. Just the expense … it’s frustrating for us in the security community for several reasons:
We can’t talk fully openly about it for confidentiality reasons
We sound kra-kra.
When we do, everyone thinks we are crazy and it’s a conspiracy theory.
It turns out reality is like an idiom, what everyone initially thought was wrong and like so many other things, people get silenced. That shit Cray . Oh, and that reference doesn’t mean what you think it means either. Because Jay-Z is smart as f*ck and he is making a damn point.
All I can say is … what he said. Because THIS shit is Cray.
I hope to make it on Saturday and hope to see y’all there too! From the announcement:
And a special thanks to the party sponsors step up to offer things to donate and would love to show them some love, including Riazul Tequila, Sweet Leaf Tea, Saint Arnold, 29-95.com, Tacos A-go-go, Danton’s Gulf Coast Seafood, and Aztec Party & Tent Rental.
Don’t Fight It will DJ and the illustrious (you)genious will serve as MC.
Houston Green Scene will be providing the party favors: 2″ biodegradable peat pots with organic potting soil and planted daisy seeds.