joelkatz (60)in #ripple • 8 years agoXRP/Ripple SummarySomeone recently asked on reddit for a summary of the case for XRP. This was my response. What is XRP? XRP is a…joelkatz (60)in #policits • 8 years agoFractional Reserve BankingIs our banking system a "scam"? This post is a response both to several of Ron Paul's arguments against…joelkatz (60)in #steemit • 8 years agoA way to stabilize the price of Steem dollarsThe problem Currently, the price of Steem dollars is down to around $0.76, which is significantly off the $1 they're…joelkatz (60)in #politics • 8 years agoIs cash incompatible with a free market?Is cash really consistent with a free market? Bloomberg ran an article by Narayana Kocherlakota with the…joelkatz (60)in #bitcoin • 8 years agoQuestions Bitfinex must answerThere are a lot of questions that people need answers to before they should trust Bitfinex with any of their funds.…joelkatz (60)in #privacy • 8 years agoThe war on cash continuesThe Wall Street Journal ran an article, The Sinister Side of Cash , arguing that we should phase out all large…joelkatz (60)in #bitcoin • 8 years agoAnother huge problem with Bitfinex's bail inI just realized there's another huge problem with Bitfinex "socializing" the theft loss. The thefts were from…joelkatz (60)in #bitcoin • 8 years agoBitfinex: DO NOT DEPOSIT ANY FUNDS!If Bitfinex is insolvent, how are they taking deposits? And how can they allow withdrawals of new deposits? Bitfinex…joelkatz (60)in #security • 8 years agoAvoiding the next BitfinexThe problem: Bitcoins are notoriously difficult to store securely. The theft from Bitfinex shows that multisign is…joelkatz (60)in #theft • 8 years agoLegal responsibility for the Bitfinex theft (aka "Bitfinexit")So who might actually be liable for the Bitfinex theft and what hope might the victims have? The thief Obviously…joelkatz (60)in #security • 8 years agoBitfinex claiming the compromise was entirely on their endWe've heard from both Bitfinex and Bitgo that the compromise was entirely on Bitfinex's end and that no Bitgo systems…joelkatz (60)in #security • 8 years agoDid the CFTC order Bitfinex to store customer's Bitcoins in a hot wallet?It now appears that the $70 million Bitfinex compromise may have been the direct result of a CFTC order requiring them…joelkatz (60)in #steemit • 8 years agoSteemit is not a Ponzi schemeI have seen quite a few people asking whether Steemit is a Ponzi or pyramid scheme and similar questions have been…joelkatz (60)in #security • 8 years agoAnother reason we can't trust the government with our encryption keysPeople who we think work for our government might also work for other governments. A FBI electronics technician…joelkatz (60)in #security • 8 years agoAre your small appliances spying on you?This device was built by the Chinese government. It can be concealed inside a small electronic device such as an…joelkatz (60)in #recipes • 8 years agoHuli-Huli Chicken WingsHuli Huli Chicken Wings Not only in Hawaii anymore The umami of teriyaki, the zestiness of barbecue My wife and…joelkatz (60)in #politics • 8 years agoThe war on cashThis article is a Steem exclusive focusing on how the way we are fighting financial crimes (KYC, BSA, AML) makes no…joelkatz (60)in #humor • 8 years agoHow to keep out religious protestorsDo you want to keep religious protestors from disrupting your event? Here's an idea: Require people to sign a…joelkatz (60)in #free-speech • 8 years agoThat damn XKCD cartoonActually, I love the XKCD cartoon about free speech. And I do often see it cited for an appropriate purpose -- to…joelkatz (60)in #privacy • 8 years agoCryptocurrency anonymity under attack -- EU to require mapping of wallets to IDsAnonymity is under attack. The EU is considering building government databases to map wallets to individual…