12/13/14

Using Bitcoin Multi-Sig Wallets in Business

gAtO wOrKiNg - on his HD-BIP32 business wallet and I was working on how to design the Multi-Sig wallets came up and I needed to ask a lot of questions first: We can use the HD-BIP32 business wallet and Bitcoin 2.0 technology with Multi-Sigs to manage all kinds of assets class?

Motivation:

In a business context we can create Multi-Sig sub-wallets as revenue stream or as an INCOME Wallet. With our Multi-Sig Sub-wallet  we will be able to do 2 things pretty easy. First -1st- It will prevent anyone -employees- from stealing funds from that wallet because you need 2 out of 3 signatures to release the funds. Second -2nd- Security has now becomes harder for a hacker to steal your Bitcoin even if they get one PrivateKey-

From a consumers point of view they can now monitor a Multi-Sig in the public BlockChain to make sure TX-transactions were made. Example —> Using the HD-BIP32 wallet with divined payments:

With a Multi-Sig wallet you can have your accounting people set up a multi-address transactions to the people who get payed and sign it. Next the CFO can now come in and add the second signature to the Multi-Sig sub-wallet to release the funds to people expecting their divined payments. Like I said they can check the BlockChain to verify that the payment was made.

The management of a Multi-Sig sub-wallet’s for any business is essential to keep your Bitcoins in your business managed by the people that YOU trust but allowing others to use it to add any revenue stream that takes in Bitcoins. Since my wallet manages all Multi-Sig wallets just like any other sub-wallet in a HD-BIP32 wallet. Your in total control of all your wallets and all your coins. Plus our HD-BIP32 business wallet will give you 100% backup and management off millions of Multi-Sig sub-wallets with just 1 one-backup… That’s sweet. 

So managing hundreds of thousands of Multi-Sig sub-wallets has to be an easy job and with my HD-BIP32 Business wallet it can do the job and give you control of all your Bitcois in your Business

here is a Video of my HD-BIP32 business development wallet — http://youtu.be/gOPdFPHNByk — still a work in progress and I have much to learn – but working on it- looking for investors — Cheers – gAtO OuT

11/21/14

Bitcoin and Tor Support

Bitcoin and Tor Support

It is possible to run Bitcoin as a Tor hidden service, and connect to such services.

The following directions assume you have a Tor proxy running on port 9050. Many distributions default to having a SOCKS proxy listening on port 9050, but others may not. In particular, the Tor Browser Bundle defaults to listening on a random port. See Tor Project FAQ:TBBSocksPort for how to properly configure Tor.bitcoin-gollum

1. Run bitcoin behind a Tor proxy

The first step is running Bitcoin behind a Tor proxy. This will already make all outgoing connections be anonymized, but more is possible.

-socks=5        SOCKS5 supports connecting-to-hostname, which can be used instead

of doing a (leaking) local DNS lookup. SOCKS5 is the default,

but SOCKS4 does not support this. (SOCKS4a does, but isn’t

implemented).

-proxy=ip:port  Set the proxy server. If SOCKS5 is selected (default), this proxy

server will be used to try to reach .onion addresses as well.

-onion=ip:port  Set the proxy server to use for tor hidden services. You do not

need to set this if it’s the same as -proxy. You can use -noonion

to explicitly disable access to hidden service.

-listen         When using -proxy, listening is disabled by default. If you want

to run a hidden service (see next section), you’ll need to enable

it explicitly.

-connect=X      When behind a Tor proxy, you can specify .onion addresses instead

-addnode=X      of IP addresses or hostnames in these parameters. It requires

-seednode=X     SOCKS5. In Tor mode, such addresses can also be exchanged with

other P2P nodes.

In a typical situation, this suffices to run behind a Tor proxy:

./bitcoin -proxy=127.0.0.1:9050

2. Run a bitcoin hidden server

If you configure your Tor system accordingly, it is possible to make your node also reachable from the Tor network. Add these lines to your /etc/tor/torrc (or equivalent config file):

HiddenServiceDir /var/lib/tor/bitcoin-service/

HiddenServicePort 8333 127.0.0.1:8333

HiddenServicePort 18333 127.0.0.1:18333

The directory can be different of course, but (both) port numbers should be equal to your bitcoind’s P2P listen port (8333 by default).

-externalip=X   You can tell bitcoin about its publicly reachable address using

this option, and this can be a .onion address. Given the above

configuration, you can find your onion address in

/var/lib/tor/bitcoin-service/hostname. Onion addresses are given

preference for your node to advertize itself with, for connections

coming from unroutable addresses (such as 127.0.0.1, where the

Tor proxy typically runs).

-listen         You’ll need to enable listening for incoming connections, as this

is off by default behind a proxy.

-discover       When -externalip is specified, no attempt is made to discover local

IPv4 or IPv6 addresses. If you want to run a dual stack, reachable

from both Tor and IPv4 (or IPv6), you’ll need to either pass your

other addresses using -externalip, or explicitly enable -discover.

Note that both addresses of a dual-stack system may be easily

linkable using traffic analysis.

In a typical situation, where you’re only reachable via Tor, this should suffice:

./bitcoind -proxy=127.0.0.1:9050 -externalip=57qr3yd1nyntf5k.onion -listen

(obviously, replace the Onion address with your own). If you don’t care too much about hiding your node, and want to be reachable on IPv4 as well, additionally specify:

./bitcoind … -discover

and open port 8333 on your firewall (or use -upnp).

If you only want to use Tor to reach onion addresses, but not use it as a proxy for normal IPv4/IPv6 communication, use:

./bitcoin -onion=127.0.0.1:9050 -externalip=57qr3yd1nyntf5k.onion -discover

07/18/14

Speaking at the NYC Bitcoin Center -HD-BIP32 Multi-sig Business Wallet

gAtO - will be Ringing the Trading Bell and presenting his HD-BIP32 Multi-sig Business wallet at the NYC Bitcoin Center with my good friend Dr. Nicolas T. Courtois from the University College London on Monday July 21 2014. If anyone is in the NYC area and wants to come on down for the show and after do a little Bitcoin trading – Come on Down. - gAtO oUt

poster_NYC

06/18/14

Business HD-BIP32 sub-wallet and Multi-Sig

Business HD-BIP32 sub-wallet and Multi-Sig -the Safest Wallet Anywhere!

gAtO hear- Business are all hot and heavy about the security of business Multi-Sig Bitcoin wallets. But in fact you need 3 different wallets and the ability to control them and the private keys and if it’s a long term like a cold storage wallet who knows the status of those wallets.bip32-Multi-sig_01

Your financial security while using Bitcoins needs help and Multi-sig wallets are a major improvements to it’s safety and security, but controlling 3 different wallets with 3 different backups and 3 different places can get a little confusing. With my new business HD-BIP32 wallets you control all the sub-wallets with just 1 master-wallets and just 1 backup. You control every sub-wallet you create. This assures you that only you can extract the funds in your business multi-sig wallets.

With my new business HD-BIP32 wallet allows you control of all the sub-wallets and you can create millions of sub-wallets and use them to create and release funds from any Multi-Sig wallet you create.

You can save the salt/genesis of your business HD-BIP32 master-wallet and with 1 backup you can always recreate your wallets from scratch. So now even if something happens to you, your family or business can take the backup and re-create the master-wallet and all the sub-wallets you control and always get your money out of my multi-sig HD-BIP32 sub-wallet I created.

the kinda geek side of HD Bip32 wallets:

The OLD normal Bitcoin reference wallet uses randomly generated keys. In order to avoid the necessity for a backup after every transaction, (by default) 100 keys are cached in a pool of reserve keys. Still, these wallets are not intended to be shared and used on several systems simultaneously. They support hiding their private keys by using the wallet encrypt feature and not sharing the password, but such “neutered” wallets lose the power to generate public keys as well.

Deterministic wallets do not require such frequent backups, and elliptic curve mathematics permit schemes where one can calculate the public keys without revealing the private keys. This permits for example a webshop business to let its webserver generate fresh addresses (public key hashes) for each order or for each customer, without giving the webserver access to the corresponding private keys (which are required for spending the received funds).

However, deterministic wallets typically consist of a single “chain” of keypairs. The fact that there is only one chain means that sharing a wallet happens on an all-or-nothing basis. However, in some cases one only wants some (public) keys to be shared and recoverable. In the example of a webshop, the webserver does not need access to all public keys of the merchant’s wallet; only to those addresses which are used to receive customer’s payments, and not for example the change addresses that are generated when the merchant spends money. Hierarchical deterministic wallets allow such selective sharing by supporting multiple keypair chains, derived from a single root. -gAtO OuT…  

https://github.com/bitcoin/bips/blob/master/bip-0032.mediawiki

 

06/14/14

How To Bitcoin Multi Signature Address -Wallet

multi-sig-01gAtO ThInK – Multi-Sig will help Bitcoins, but it’s all about the blockchain since it is the one that keeps the Multi-sig Address and the release of the funds by 2 of the 3 signing of the escrow transaction and recording it in the blockchain and it get’s confirmed by the miners like all good Bitcoin transactions so try and give the miners a little fee in any transactions.

Multi-Sig TX

Multi-Sig TX

BUT it’s kinda complicated and most wallets do not support Multi-Sig. The few that do allow Multi-Sig almost require you to be a programmer of sort to even generate the Multi-Sig Address yet alone spend your money once you have them in the wallet.

  1. - First thing is to generate the Multi-sig Wallet address: 
  2. - Register the wallet in the blockchain by sending some money to this address to verify it is working.   
  3. - To get you money out of a Multi-Sig address you need to: signrawtransaction
  4. - We have to get 2 of the 3 to sign the transaction and submit it to the blockchain. – Of course 1 ? 2 – or 3 privateKeys too authorize the transaction. Depending on how you set it up in the first place.   
    • RedeemScript
    • TXid
    • ScriptPubKey
  5. Spend you Bitcoins

So let’s try to decode all this horse-play and do some Multi-Sig Wallet Stuff— BEFORE YOU BEGIN Questions— Pre-Multi-sig Wallet Creation – How many users must sign to release the coins in this Multi-sig wallet – 1 ? 2 ? 3 – make sure you have access to the PrivateKeys of these. You must have access to the PrivateKey of the wallet address you use. Because of the Version of Bitcoin code you can only create a 1 ? 2 or 3 user Multi-Sig wallet- the code will not support a more complex Multi-Sig structure right now, in the future you will be able to create 5 of 7 or 8 of 15 or what ever weird way you want to release your  money from these Multi-Sig Wallets. Todays code only allows 1-2 or 3 signatures to release funds. So once you have this figured out we can begin to generate the NEW Wallet ADDRESS:

Pay to Script

Pay to Script code’s it all and delivers it to the blockchain

PRE-Multi-Sig Address Generation: For our example below I will use 3 different Wallets I generate for this test, these are throw away addresses but you can use them to test it your self.

  1. 1Pum4jukypYddQDywoQDcgdkz7NMKKHXGR
  2. 1L7xm1TrwpsNBCrAaNUw8eBwD115Tr7tpC
  3. 145dwy7fvmRJwMpXDVzuZpNSd6UwEbabk2

I am assuming that you are running BitcoinD on your server – if you run Bitcoin-qt you will have access to this command. You can use the “CreateMultiSig” or the “AddMultiSigAddress” commands // they  will generate the Multi-Sig Bitcoin Address, but “CreateMultiSig” is the only one that will give you back the  – “redeemScript” –  and you need this script to get your Bitcoins out of the Multi-Sig address wallet. (Bitcoin Ver 8.9)

1.createmultisig <nrequired> <‘[“key,”key”]’> Creates a multi-signature address and returns a json object “redeemScript”

 

2. addmultisigaddress <nrequired> <‘[“key”,”key”]’> [account] Add a nrequired-to-sign multisignature address to the wallet. Each key is a bitcoin address or hex-encoded public key. If [account] is specified, assign address to [account]. ”NO-redeemScript”

Step 1 – Generate Bitcoin Wallet Address //  It will starts with a number “3”. nRequired you need 1, 2 or 3 signatures to release the funds I have chosen any 2 of the 3 Bitcoin Address listed in the command below can release the coins in the NEW Multi-Sig address—

CREATEMULTISIG

COMMAND:

bitcoind createmultisig 2 ‘[“1Pum4jukypYddQDywoQDcgdkz7NMKKHXGR“, “1L7xm1TrwpsNBCrAaNUw8eBwD115Tr7tpC“, “145dwy7fvmRJwMpXDVzuZpNSd6UwEbabk2“]’

OUTPUT: {     “address” : “3DLwoeBuoQRMUDvqvbwQCiYnpauxwC1i71″,    

redeemScript” : “5221022934c1f3ddc25426fc057ca706d66d818f63f00f3bb4ad4762947ec23b8c316e210343e871878f6a66728c2a8bec2ae0bffbd4c862968e20280526645f4157de7fca21022a453e7eea23207f87c46881b2e63f56c5ec2e59b30fe887ef29bd21ed67c15d53ae” }

So now you can give this new Multi-Sig address to people – 3DLwoeBuoQRMUDvqvbwQCiYnpauxwC1i71 –  Now you have your NEW Bitcoin Multi-Sig address and people can start to send money to this wallet address. I sent some Bitcoins to this NEW Multi-Sig address from my Wallet . Then I went to my Bitcoin console and typed in:

GETRECEIVEBYADDRESS

COMMAND: bitcoind getreceivedbyaddress 3DLwoeBuoQRMUDvqvbwQCiYnpauxwC1i71

OUTPUT: 0.00300000

Now I know my NEW Multi-Sig Wallet is in working order and registered in the blockchain remember if it not registered in the blockchain then it nothing NADA-one zip. Rules of the Muliti-Signature Wallet

  • All MultiSig address start with the number “3” a regular Bitcoin address start with the number “1”.
  • You can only have a 1-2 or 3 part Multi-Sig wallet. We cannot do a 5 or 7 part Multi-sig transaction today do to the core Bitcoin CODE.

So now I have a NEW Bitcoin Address —3DLwoeBuoQRMUDvqvbwQCiYnpauxwC1i71  —  and now people can send Bitcoins to that address as much as they want and it acts just like a normal Bitcoin Wallet.

Step 2 – GET MONEY OUT of a Multi-Sig address Wallet — So now i can look at my Multi-sig wallet and check to see if I have any money in my account

LISTUNSPENT COMMAND:

bitcoind listunspent OUTPUT:     {        

txid” : “c45c8c00243c703412e207646d51bf6878444537c37372528012f412f552b9cd”,        

“vout” : 0,        

“address” : “3DLwoeBuoQRMUDvqvbwQCiYnpauxwC1i71″,        

“account” : “”,        

scriptPubKey” : “a9147fd5c07649707498b47a50039bdcadc703e7e85e87″,        

redeemScript” : “5221022934c1f3ddc25426fc057ca706d66d818f63f00f3bb4ad4762947ec23b8c316e210343e871878f6a66728c2a8bec2ae0bffbd4c862968e20280526645f4157de7fca21022a453e7eea23207f87c46881b2e63f56c5ec2e59b30fe887ef29bd21ed67c15d53ae”,        

“amount” : 0.00300000,        

“confirmations” : 1,        

“spendable” : true     }

As you can see by the output and remember this is all in the blockchain  https://blockchain.info/tx/c45c8c00243c703412e207646d51bf6878444537c37372528012f412f552b9cd

SINGRAWTRANSACTION Now we need to sign the release of funds from this address with the

signrawtransaction COMMAND this is the syntax but if you look carefully you will see txid scriptPubKey”, redeemScript and if you look above OUTPUT: with my LISTUNSPENT command you will see this information.

Now you just need the PrivateKey to sign the transaction. signrawtransaction <hex string> [{“txid“:txid,”vout”:n,”scriptPubKey“:hex,”redeemScript“:hex},…] [<privatekey1>,…] [sighashtype=”ALL”]

  • Sign inputs for raw transaction (serialized, hex-encoded).
  • Second optional argument (may be null) is an array of previous transaction outputs that this transaction depends on but may not yet be in the block chain.
  • Third optional argument (may be null) is an array of base58-encoded private keys that, if given, will be the only keys used to sign the transaction.
  • Fourth optional argument is a string that is one of six values; ALL, NONE, SINGLE or ALL|ANYONECANPAY, NONE|ANYONECANPAY, SINGLE|ANYONECANPAY.
  • Returns json object with keys:
    • hex : raw transaction with signature(s) (hex-encoded string)
    • complete : 1 if transaction has a complete set of signature (0 if not)

SENDRAWTRANSACTION  Once all signed the TX it will produce a HEX string – we take that info and add it to

SENDRAWTRANSACTION and I will finally get my Bitcoins and spend them from my Multi-sig wallet. You can keep putting money into this wallet and just have them signed and you can keep getting money out forever- this is just another  Bitcoin wallet address with a few gatekeepers, it harder but more secure in the long run. hope this helps a little – In my new BIP32 wallet I have all this out in a nice GUI to Keep it simple but still have the power of an escrow Multi-sig Wallet- gAtO OuT

3. signrawtransaction <hexstring> [{“txid”:txid,”vout”:n,”scriptPubKey”:hex},…] [<privatekey1>,…] version 0.7 Adds signatures to a raw transaction and returns the resulting raw transaction. Y/N

 

sendrawtransaction <hexstring> version 0.7 Submits raw transaction (serialized, hex-encoded) to local node and network. N

 

4. createrawtransaction [{“txid”:txid,”vout”:n},…] {address:amount,…} version 0.7 Creates a raw transaction spending given inputs. N

 

decoderawtransaction <hex string> version 0.7 Produces a human-readable JSON object for a raw transaction. N

 

listunspent [minconf=1] [maxconf=999999] version 0.7 Returns array of unspent transaction inputs in the wallet.

 

listlockunspent version 0.8 Returns list of temporarily unspendable outputs

 

lockunspent <unlock?> [array-of-objects] version 0.8 Updates list of temporarily unspendable outputs

https://gist.github.com/gavinandresen/3966071

05/17/14

Bitcoin 2.0 and the Segway Bike

Bitcoin 2.0 and the Segway Bike

gAtO Imagine – some of the business side applications we can build with future triggered events being executed by Autonomous Cyber Robots. All build on the basic Bitcoin 1.0 code but not using the coins but the blockchain – there be treasure in that blockchain but it’s all math ugh!!!.

segway_bike_Bitcoin

Ok first what is Bitcoin 2.0? Basically it’s a new way to have a cyber robot or a cyber drone that can do what you instruct them to do. It is a timestamp triggered event and you can now just add business rules to it that will work in cyberspace.

What do you do online today?

  • Shop for things and have them delivered
  • Online banking
  • Buy and sell stocks and bonds
  • Send donations to Charities or political organizations

So now you can build cyber-business rules to be execute on the web and put them into one of these cyber robot or a cyber drone. I use these 2 terms because when people hear drones they think attacks and such and yes you can now build digital FINANCIAL  warriors that can execute based on events, millions of them and they can be used for good and evil.

timeStamp- or -blockchain-trigger event – robots with business rules- example//

  • Send 100 Bitcoins to my family every 6 months after I die.
  • Buy or sell stocks ambiguously  – Digital Business Contracts – or Personalities
  • Any transaction that can be performed on the web!
  • Set up a corporation by an Ethereum digital actors
  • Any Business rule that can executed digitally 

gAtO lOvE Ethereum //= it is a platform and a programming language that makes it possible for any developer to build and publish next-generation distributed applications. https://www.ethereum.org/  Next Generation Smart Contracts and a Decentralize Application Platform. Non-geek cyber-business rules OK…

GAtO used to lug around an Osborne luggable computer… 1.0 laptops – but gAtO was cool aligning 10MB (yes 10 Mega Bytes) hard rives the size of a large home freezer. The good old computers days… Out of hardware back to Biz -mEoW

MasterCoin – The Master Protocol facilitates the creation and trading of smart properties and user currencies as well as other types of smart contracts. Mastercoins serve as the binding between bitcoins (BTC), smart properties and smart contracts created on top of the Mastercoin Protocol. Non-geek cyber-business rules OK…

Similar Alt-coins but both the same (going after the business side) in a way but these seem to be a new wave of Bitcoin 1.0 off shoots. Now NameCoin and Trusted coin are on a different course, since they are more into the digital Notary service that can be done with any blockchain type Bitcoin off shoot. And LiteCoin 84 Million -versus- 21 Million in Bitcoins another fight but of a different financial play on this alt-coin. LiteCoin is around $10 bucks Per so we have to keep an I on them too.

Once again these another development are being built on the shoulder of the great Satoshi Nakamoto work. GaTo as a technologist love all these new and exciting toys to play with. Then I think about the Segway Bike I alway wanted one but then again really, I’m I really ready to give up walking? Back in 2001 it was so cool, it was the evolution of the bicycle or was it???

13 years later this evolution the revolution of the bicycle is seem by most as the Mall Police ride by. Ok maybe in Seattle or San Francisco I can see that but really. Now Bicycle Cops are everywhere but real cops on a Serway Bike – you know maybe I don’t really want one anymore. But I wonder if I can buy one with Bitcoins? ummm

DogE-Coin is hot with the young bloods as a NEW digital currency that’s taking Reddit and other places by storm- I know gAtOCoin, maybe I’ll start one of my own, there only about 500 Alt-Coins around and growing all built on the Bitcoin core code. Bitcoin is only 5 Years Old -Wow- Imagine in another 3-5 years // world wide currencies all over doing different things creating the NEW Cyber-System D-(system) that no government can controls, of the people and by the people. Double -Wow

gAtO’s bet is on Bitcoin, simple it has payed it’s dues, from an underground play toy to International financial deals like flying to the Moon on Virgin Air, I wonder if I can buy that with Litecoins- you listening Richard Branson I’m mining Namecoin too Richard.

The new Bitcoin business Investors and Incubators are hopping with new Bitcoin 2.0 ideas, but is it different if it’s control by the users, not the sole players like the bankers and older financial players. But truth be told these will bring newer workable solutions that will trickle down to the normal person. We must be careful because these new worldwide cyber solution will have little government controls so the game is changing and the ability to jump on this but NOT to give up privacy with government toys like TPM – Trusted Computer Platform – yes July 2015 all Windows 8 devices will have TPM 2.0 in control of your devices. The US solution cyber Kill Switch.

AT least Apple has not added TPM into it’s hardware but they banned against Bitcoin -Steve told you to Innovate Apple- But that’s another battle.

You can trust your government spying on you IF you have nothing to hide RIGHT!!! - gAtO oUt

Digital System D-

System D is a slang phrase pirated from French-speaking Africa and the Caribbean. The French have a word that they often use to describe particularly effective and motivated people. They call them débrouillards. To say a man is a débrouillard is to tell people how resourceful and ingenious he is. The former French colonies have sculpted this word to their own social and economic reality. They say that inventive, self-starting, entrepreneurial merchants who are doing business on their own, without registering or being regulated by the bureaucracy and, for the most part, without paying taxes, are part of “l’economie de la débrouillardise.” Or, sweetened for street use, “Systeme D.” This essentially translates as the ingenuity economy, the economy of improvisation and self-reliance, the do-it-yourself, or DIY, economy.

 

02/12/14

The Bitcoin Network Has NOT been hacked or DdoS

gAtO fOuNd – a bot net has launched a DdoS attacked on the Bitcoin Exchanges because they use older software and are tied to the backend of commands that are not supported by the newer versions. It’s all about security and the p2p Bitcoin network is find and running smooth. bitcoin-gollum

So why the headlines say BITCOIN NETWORK DDOS – sorry but MtGox and BTE-s problem is they are using a custom Client (not the normal Bitcoin Client) with older hooks. So now the rest of the exchanges are checking their wallet software to make sure they are not effective.

This is the reason why Wallet code and standards to the core Bitcoin version is the only way to maintain compatibility and avoid some of these problems. I am glad to see this problem come to surface and the market traders have to slow down, use a trusted exchange and make sure that their code is 100% compatible with the standards core code.

So be slow and safe and check your wallet security… gAtO oUt

10/30/12

What is Digital Currency:

What is fiat currency:  — Fiat money is money that derives its value from government regulation or law.  —

What is Currency: —  In economics, currency is a generally accepted medium of exchange. —

What is Digital Currency: — 

gAtO cOnFuSeD - with the above definition currency and fiat currency it’s a bit confusing were does Digital currency fit in. I think it’s how you look at it – Today we have Internet banks – that would be digital currency because it’s only in digital form – We also have PayPal one of the leaders in digital currency but both are tied to fiat currency- a government. 

Now when you add E-gold, Liberty Reserves, Pencunix or WebMoney these are a mix of traditional fiat and plain old fashion currency – But when you add BitCoin well that throws a shoe into the jet engine. You see unlike e-gold Bitcoin is not tied to real gold. Bitcoin is defined as a currency but not fiat and that’s the part that really hurts governments and bankers.

I know gAtO is lOcO but it seems that every time a digital currency like e-gold get’s close even when they try to do it right – the good guy’s (governments) come in and stomp on it till it’s a puddle of mud in the ground, next digital currency come on in– get in line, next… Ok e-gold made it too easy to get an account and the bad guy’s got hip to it and ruined it for everyone but the FBI was out to get e-gold from the start. We just can’t have joe-blow in a basement with a e-gold account and the IRS, TAX people not wanting a piece of that action.

Bitcoins are being blamed as EVIL – but Swiss Banks account, Bermuda Shell Games, Luxemboug Shelter, The Cayman Cash or IRA tax-free, tax-exempt, lower Tax rates- tax-free trust – there are all kinds of tricks for the bankers to shelter their money. To hide it they know all the tax codes, all the regulations…and they are very happy.

If we go to Bitcoin or a version of a digital currency that has no -governments, no bankers, and no printing press to go Bitcoin printing making Happy—/ every ounce of pressure will be put on every new digital currencies that do not tie to the BANKS…. they will not allow it.. Who are THEY…you know??? -next Digital Money Laundry -gAtO oUt

10/28/12

Cyber-War Digital -vs- Global Currency

gAtO rEaD - in Forbes – “Biitcoin Prevent Monetary Tyranny” -mEoW- Currency tyranny by global bankers and government can be down right ugly. They can shape debt into deliberate inflation, they can enforce persecutory capital control or even pre-arrange default – let’s not forget LIBOR manipulation and austerity against countries after they have ripped out all natural resources, install a puppet king and all that jazz —/ everything controlled by THE BANK CARTEL. On the other side of the coin..//

On Oct. 6 Susanne Posel reported -/ an attempt to hack into the U.S.A executive branch’s computer system through an unclassified network.  That’s the White House kitties with a simple “Spear Phishing” attack. They trolled for names of Top Military and government officials in Google’s Gmail account and got a few hit. Once again “Open Source Intelligence”  

– everything goes somewhere and gAtO (as well as others) goes everywhere.

A few days later the Iranians government blocked Gmail by government officials due to fears that Email can be a point of infection for attacks- I think that’s in the security 101 course

Bruce Schneier one of our cyber gods that knows what he is talking about say’s it best about chicken little screaming “the cyber Sky is falling” – STROKING CYBER FEARS – “Secretary Panetta’s recent comments are just the latest; search the Internet for “cyber 9/11,” “cyber Pearl-Harbor,” “cyber Katrina,” or — my favorite — “cyber Armageddon.” But Bruce says it best in his own words  “There’s an enormous amount of money and power that results from pushing cyberwar and cyberterrorism: power within the military, the Department of Homeland Security, and the Justice Department; and lucrative government contracts supporting those organizations. As long as cyber remains a prefix that scares, it’ll continue to be used as a bugaboo.”  -may I add-/ to make lots of MONEY in private-corporation and government contracts worldwide. Fear + Cyber Security = BIG $$$

Fear is what bankers see as Africa is the first country that is being targeted for the BitCoin virtual currency. Imagine the turmoil in Nigeria and other places in Africa it has had a history of unstable governments the idea of a digital currency is appealing… La-Times read -Africa — the next frontier for virtual currency?

BUT the Bitcoin is NOT ready People[1] Satoshi warned us – it’s BETA software – It has only 21 Million bit coins and the last Bitcoin will be mined in 2040 – Governments and corporations have already started the propaganda that Bitcoin’s are EVIL. — 

The most important thing is, we must all be active in out lives to make the new future- They fear us “the people” will wake up and take control of our lives” – the new generation was born with a cell device in their hand and they are using it earlier and earlier to communicate.

The Cyber war that we see is not as bad as the Cyber War that is being fought with fear and propaganda because the bankers will lose control with – One World Currency – One World Government – that is what the hacktivist want, the new kids, the new generation.

Cyberspace is the city of Babel and in this mystical city everyone was able to communicate to anyone and exchange idea, dreams and culture—/ but this cause the priest to lose control so they destroyed it and made it EVIL. It’s only Evil when you lose your power, It is EVIL when you give them control and power — it’s our turn now -gAtO oUt

References:

[1] Satoshi Nakamoto – Bitcoin Creator -https://en.bitcoin.it/wiki/Satoshi_Nakamoto

http://latimesblogs.latimes.com/world_now/2012/04/bitcoin-virtual-money-africa-rudiger-koch.html

http://www.forbes.com/sites/jonmatonis/2012/10/04/bitcoin-prevents-monetary-tyranny/ Bitcoin Prevent Monetary Tyranny