Trump Picks Anti-Encryption Attorney General, Signal Encrypted Messenger Downloads Skyrocket

Trump Picks Anti-Encryption Attorney General, Signal Encrypted Messenger Downloads Skyrocket

admin Anonymity, Bitcoin, CoinGreed, Donald Trump, Edward Snowden, Encryption & Privacy 0 Comments

Donald Trump’s choice for Attorney General may indicate an administration hostile to encryption and online privacy. Alabama Senator Jeff Sessions, the incoming administration’s Attorney General pick, has long adopted a critical stance against encryption. He has stood in direct opposition to end-to-end encryption, citing his experience in law enforcement when calling for government officials to have complete access to encrypted devices. Earlier this year, Apple remained in a standoff with the FBI over allowing law enforcement agencies access to a locked device owned by a mass shooter in California, a move highly criticized by Sessions. Trump himself also opposed Apple’s stand while on the campaign trail, insisting that the company be boycotted. The selection of Sessions for Attorney General of the United States indicates that a Trump administration would be hostile to encryption, and would side with law enforcement agencies over tech companies when making legal and prosecutorial decisions. This gives privacy advocates cause for worry for the next four years. Downloads for Signal, Snowden-endorsed encrypted messenger, up post-election An upcoming Trump administration’s promised hostility towards encryption has not gone unnoticed by the nation at large. Following the results of the U.S. presidential election, Signal, the encrypted messaging app by …

Bitcoin is Heading Towards a Four Figure Price, Analysts Say

Bitcoin is Heading Towards a Four Figure Price, Analysts Say

admin Bitcoin, CoinGreed, Crypto News, Cryptocurrencies, Cryptocurrency, Donald Trump, Prices 0 Comments

Over the past two weeks, the demand for Bitcoin has significantly increased due to global financial market instability, major economic changes and currency devaluation. Analysts state that once Bitcoin breaks the $790-800 region, it will quickly head towards a four figure price. The demonetization of 500 and 1,000 bank notes in India, the devaluation of the Chinese yuan, the crackdown on Chinese wealth management products (WMPs) and the election of Donald Trump, among many other factors, has led to the price of Bitcoin to escalate quite rapidly. On Oct. 22, Bitcoin was being traded at around $660 on average in most markets. By Nov. 20, the Bitcoin price almost reached $800, surpassing its previous peak of $775. Despite yesterday’s fall, which sent Bitcoin back to the $732 region, it has demonstrated nearly a $100 monthly increase since late October, outperforming all reserve currencies, most assets and altcoins. Breaking $800 Some analysts state that once Bitcoin breaks $800 with resistance, the digital currency will promptly head towards a four figure price. Specifically, if it is backed with significant economic and financial change that pressures high profile investors and traders to seek alternative safe haven assets, Bitcoin will most likely reach a …

Why the United States Election System Must Adopt Blockchain Technology (Op-Ed)

admin Blockchain, Donald Trump, Elections, United States Of America, USA 0 Comments

Talking about the election with my family and friends, many reflect a complacent and, frankly, spoiled attitude about the manner in which things are done in the U.S. Many either don’t know or don’t care that the national election can be easily manipulated, at least in certain key counties, which hold the capacity to influence states, which further hold the ability to influence elections. This op-ed article will look to expand on the good, the bad, and the ugly of the recent 2016 U.S. presidential election, and how, regardless of who you supported, changes to the working system need to be made that will protect the integrity of the vote in the future. Politics are a dirty game, and many great leaders don’t want to get their hands dirty Donald Trump won the 2016 presidential election, making him the 45th President of the United States, provided that the electoral college votes are properly and ethically cast in support of the popular vote – theoretically, an elector can vote any way they wish, regardless of the popular vote. Donald Trump could have ran for president at any time over the last 30 years, but the political process and its underbelly were …

Trump-Connected Billionaire Peter Thiel: Bitcoin Threatens Fiat, Tax Authorities Can’t Break Codes

admin Anonymity, Bitcoin, Donald Trump, Fiat Money 1 Comment

Over the past few years, Peter Thiel, a prominent venture capitalist with a net worth of $2.7 bln, spoke of the threat Bitcoin poses to fiat money and the financial freedom it grants to its users. Thiel, who appeared on the Economist’s Keynote interview, stated: “It becomes a threat to fiat money at a point where Bitcoin is encrypted in such a robust way that the tax authorities can’t break the encryption, can’t tell how much money you have, and what transactions you are doing.” Trump’s transition team involvement Currently, Thiel’s stance on Bitcoin is notable considering his involvement in President-elect Donald Trump’s transition team, establishing himself as a crucial member. He emphasizes that the decentralized nature of Bitcoin allows users and citizens of the U.S. to benefit from financial freedom and escape the monopoly of the government. More importantly, he notes that tax authorities will no longer be able to track the earnings and income of entrepreneurs, workers and other individuals that are forced to deal with extreme amounts of income taxes among others. Anonymity of Bitcoin Thiel believes that Bitcoin is anonymous and that authorities can’t tell how much money users have. Conceptually however, this statement is false. …

Bitcoin Can Reach $10,000 or Even $1 mln, Chandler Guo Explains How

admin Bitcoin News, Bitcoin Price, China Market, CoinGreed, Donald Trump, Politics 0 Comments

One of the largest Bitcoin miners in China has suggested that the price of Bitcoin could reach $10,000 or even as high as $1 mln. Speaking to ether.camp at the Clare Hall of the University of Cambridge, on the sideline of the Internet-of-Value: Digitising Social Conscience – roundtable debate, Chandler Guo emphasised that all an individual needs to do is invest in just one Bitcoin – as most people don’t invest in it and yet they want to know more about proof of work, how the Blockchain works, why do blocks require 10 minutes, etc. Guo says in the Youtube video: “But finally, I tell them, just go back and buy Bitcoin. A lot of people don’t have Bitcoin…Not too much. Only one is enough. If everyone would have just one, the Bitcoin value would go to $1 mln. When Bitcoin becomes $1 mln, the whole world would be crazy and everyone would love to follow and all the other digital currencies would just be the grandson of Bitcoin.” Everyone just needs to buy one Bitcoin The angel investor in Bitcoin and Ethereum startups believes that a lot of people don’t exactly understand why they should be involved with Bitcoin, …

The Trump Train Goes to Washington; Three Ways Trump Helps Bitcoin

admin Bitcoin News, Bitcoin Politics, Bitcoin Price, CoinGreed, Donald Trump, In the News, Political, Politics, Prices 0 Comments

As I went over in an Op-Ed on Sunday, Hillary Clinton could not be allowed to become President of the United States. Call me crazy, but the world does not need openly corrupt, lying, World War 3-threatening politicians controlling Washington. Donald Trump wanted to “drain the swamp” and he is a man who gets things done, starting at the head of state. He’s already done more in one night than President Obama has done in eight years. Thank you America, for joining me and the rest of the liberty movement on the right side of history. Ok, enough about me being so right all the time…..what does this mean for Bitcoin? I’m going to give you three fast ways Trump helps Bitcoin and provides Bitcoin a much better future than the corrupt alternative. Bitcoin price should go up even faster for the rest of the year Bitcoin has proven to be just like Donald John Trump, a winner, from jump street, and 2016 has been no different. Bitcoin was up by over 60 percent this year going into election night, and these results will only build upon that growth throughout the coming weeks and months ahead. Bitcoin has proven to …