NJ: Professional Political Hysteric Demands to Interrogate Students Over Proof-of-Concept Program

New Jersey's Attorney General, John Hoffman, and the rest of his office appear to be nothing more than a technophobic gaggle of professional hysterics.  And they are out to prove it by harassing a group of young student programmers who came up with an interesting new decentralized Bitcoin app.  It appears these students may get a real lesson on the ignorance, arrogance and degeneracy of the ruling political class.  From the EFF:
As the popularity of Bitcoins has increased, government officials are concerned about criminal activity associated with the virtual currency. But a recent issued by the New Jersey Division of Consumer Affairs to 19-year-old Bitcoin developer and MIT student Jeremy Rubin goes too far, and we're fighting back by moving to quash it.
subpoena
Rubin and some other MIT classmates developed a computer code called Tidbit for the Node Knockout Hackathon in November 2013. Tidbit uses a client's computer to mine for Bitcoins as an alternative to website advertising: in exchange for removing ads from a website, a user would give some CPU cycles to mine for Bitcoins instead. Tidbit was clearly presented as a proof of concept, with the developers making clear the code was configured not to mine for Bitcoins. That's because in addition to refining the code, they needed to work out the legal details, like drafting a terms of service, and the ethical details, like making sure there was a way for users to opt-in to the service so their computers weren't being used to mine Bitcoins without their knowledge. Tidbit won the Node Knockout award for innovation and the students thought they were on their way to continuing with their project.
But in December, the New Jersey Division of Consumer Affairs issued a subpoena to Rubin, requesting he turn over Tidbit's past and current source code, as well as other documents and agreements with any third parties. It also issued 27 interrogatories -- formal written questions -- requesting additional documents and ordering Rubin to turn over information like the names and identities of all Bitcoin wallet addresses associated with Tidbit, a list of all websites running Tidbit's code and the name of anybody whose computer mined for Bitcoins through the use of Tidbit, although Tidbit's code was not configured to mine for Bitcoins.
Who exactly are the people who continue to vote for the brain dead politicians in the Democratic and Republican parties?  And what the hell is wrong with them? 

1 comment:

  1. Hello. I agree, the bitcoin crypto currency has become a real phenomenon of the last decade. As a result, it causes a constant increased interest of users on the Internet. The history of bitcoin is inextricably linked with the name of Satoshi Nakamoto in 2008, which first informed the world about the creation of a new monetary system.
    Since then, many have managed more than once to writing my paper about bitcoin and its origins. However, the history of the bitcoins, or rather, to say, the prerequisites for its creation were known much earlier. Even 10 years before bitcoin appeared, the advantages of uncontrolled crypto currency were described in his novel by Neil Town Stevenson. In addition, the researcher Nick Szabo up to 2005 worked on the creation of the electronic money system Bitgold. He argued that the virtual currency will not be subject to inflation. In addition, it can not be faked and stolen.
    In contrast to conventional money, bitcoin is not backed by absolutely no material values. In addition, neither banks nor the issuing fund are engaged in supporting the course of the crypto currency.
    The rhetorical question remains - is it possible to trust this virtual monetary unit if the owner does not have any financial guarantees and how to convince users that bitcoin is a serious project, and not another pyramid? ...

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