Duplicate. Easy to verify, prove it is what it claims to be under all kinds of conditions and constraints for all people. You must be able to carry the information what it is, what it is worth without generating any information how it is used or by whom and has to do this on platforms and networks and machines that generate effectively perfect copies and transaction logs and records. So to figure out the how of how to make Something Like cash digital is a very tall order which raises the question why you would need to build such a thing. Answering the question will take us from fighting surveillance to libertarian theories of economics and the pursuit of human mortality and all of thes agendas fed into the creation of bit coin and the cryptocurrency a block chain currency today. Its not just the story of building a new payment platform but a deliberate attempt to engineer a future society through the mechanism of money a utopian project i like to call the speculative currency projects
And this is one how and several competing wise. How do you go about getting the digital equivalent for currency for cash and coining it is a significant technical challenge and you need to create a Digital Object that is difficult to forge and duplicate. Easy to verify, prove it is what it claims to be under all kinds of conditions and constraints for all people. You must be able to carry the information what it is, what it is worth without generating any information how it is used or by whom and has to do this on platforms and networks and machines that generate effectively perfect copies and transaction logs and records. So to figure out the how of how to make Something Like cash digital is a very tall order which raises the question why you would need to build such a thing. Answering the question will take us from fighting surveillance to libertarian theories of economics and the pursuit of human mortality and all of thes agendas fed into the creation of bit coin and the cryptocurre
Eight days, getting a little bit of relief. Euro still seeing very strong buying in the treasury markets. You are buying equities, buying commodities, and buying treasuries. Thats what you are seeing into the weekend. Time now for global exchange, where we bring you todays market moving news from around the world, from washington to new york to london. Oil. Gin with the move and crude continuing to climb after its biggest ever single day gain. All trump says he may intervene in the price war between saudi arabia and russia that has rocked crude markets. Here was more is annmarie hordern. Intervene how, and does anyone care . Annmarie it is interesting how exactly he would do this. He said he has some power over the situation, and would get involved at the appropriate time, may be giving riyadh some chance to potentially swamp the world with oil and put the pressure on russia. Then we heard from president Vladimir Putin in an incredible scoop by our moscow bureau. He says they say he is
Transact but difficult or impossible to forge and duplicate. It must be easy to verify, to prove that it is what it claims to be under all kinds of conditions and constraints for all kinds of people. It must be able to carry the information about what it is and what its worth without generating any information about how its used or by whom. It has to do this on platforms, networks and machines that generate effectively perfect copies and transaction logs and records in their very functioning. In other words, figuring out the how of how to mix things like cash digital is a very tall order indeed. Which raises the question of why you would need to build such a thing. Answering that question will take us from fighting surveillance to building parallel covert societies to libertarian series of economics and money to the pursuit of human immortality. All of these agendas, all of these wise fed into the creation of bitcoin and the crypto currency and block chain landscape today. This isnt ju
In the United States, called two of the worst schemes of the decade. Here is more from the justice department. Good morning. Thank you for being here. We are here to identify and announced charges against a Russian National who the department of justice alleges is responsible for two of the worst computer hacking and Bank Fraud Schemes of the last decade. The charges we are announcing are merely allegations and each of the defendants is presumed innocent until Proven Guilty in a court of law. Moscow has been indicted in pittsburgh, pennsylvania for his alleged draw all as the leader of a cyber criminal gang responsible for the distribution of a multifunction malware package. It was designed to automate the theft of confidential personal information and Financial Information such as Online Banking credentials from infected computers. Later versions of the malware were designed with the added function of assisting in the installation of ransomware. Over the past decade, the malware facil