2/ On July 6th, the European Parliament approved the ePrivacy Derogation, allowing providers of e-mail and messaging services to automatically search all personal messages of each citizen for presumed suspect content and report suspected cases to the police.
3/ German Pirate Party Member of the European Parliament Patrick Breyer, shadow rapporteur on the legislative proposal, comments on his website: “The adoption of the first ever EU regulation on mass surveillance is a sad day for all those who rely on free and confidential…
4/ …communications and advice, including abuse victims and press sources. The regulation deals a death blow to the confidentiality of digital correspondence.
5/ It is a general breach of the dam to permit indiscriminate surveillance of private spaces by corporations — by this totalitarian logic, our post, our smartphones or our bedrooms could also be generally monitored.
6/ Unleashing such denunciation machines on us is ineffective, illegal and irresponsible.
Indiscriminate searches will not protect children and even endanger them by exposing their private photos to unknown persons, and by criminalising children themselves.
7/ Already overburdened investigators are kept busy with having to sort out thousands of criminally irrelevant messages. The victims of such a terrible crime as child sexual abuse deserve measures that prevent abuse in the first place.
8/ The right approach would be, for example, to intensify undercover investigations into child porn rings and reduce of the years-long processing backlogs in searches and evaluations of seized data.“
9/ In today’s vote, 537 Members of the European Parliament approved Chatcontrol, with 133 voting against and 24 abstentions.
10/ According to police data, in the vast majority of cases, innocent citizens come under suspicion of having committed an offence due to unreliable processes.
11/ In a recent representative poll, 72% of EU citizens opposed general monitoring of their messages While providers will initially have a choice to search or not to search communications, follow-up legislation, expected in autumn, is to oblige all communications…
12/ …service providers to indiscriminate screening.
Furthermore the European Commission has already announced a follow-up regulation to make chat control mandatory for all email and messaging providers.
13/ Previously secure end-to-end encrypted messenger services such as Whatsapp or Signal would be forced to install a backdoor.
14/ What a terrible decision! I’m appalled by the fact that so many politicians - representing the people - are in favor of mass-surveillance. These Stasi and Nazi methods are already in place in China. Now they are back in Germany, Austria and in the EU.
15/ Backdoors in messenger services equals to an investigator standing next to you while you’re talking with friends and family. This abhorrent idea is coming into reality in our digital life.
16/ We need to build, use and preserve solutions like #Mastodon, @Sphinx_chat and #Bitcoin, decentralized tools for free speech that cannot be taken down.
17/ In last weeks newsletter I mentioned Adam Back explaining why it’s a terrible idea to have a back-door in Bitcoin and other cryptographic software.
It’s really sad and annoying to observe that Europe aims to be the next China regarding mass-surveillance. Backdoors in private messaging apps will fire back at those who are now in favor of these new legislations.
2/ Countries like Germany and Austria should actually know better, but it seems we haven’t been learning from our dark history. I’m thankful for all the “Cypherpunks who write code” as Eric Hughes put it in his Cypherpunk manifesto from 1993.
3/ “Privacy is necessary for an open society in the electronic age. … We cannot expect governments, corporations, or other large, faceless organizations to grant us privacy … We must defend our own privacy if we expect to have any.
2/ “We think this is the oldest renewable energy facility in the world that’s still running,” said Jim Besha Sr., CEO of Albany Engineering Corp., which owns the Mechanicville hydroelectric station, built in 1897.
3/ After years spent rebuilding the plant that was abandoned by National Grid, it is now back to full power. It is using all the original 1800s machinery, not enough for a lot of profit, which is why some of the plant’s energy is being used to mine bitcoin.
@jackmallers announced that it’s now possible to buy bitcoin on @ln_strike with no fees outside of the market spread. He shows what you get, when purchasing #BTC for $100 after fees:
Coinbase: $97.01
Venmo: $97.70
CashApp: $97.74
2/ We can see Coinbase remains the most expensive, at nearly 3%. Venmo and CashApp are cheaper, but still, often charge retail well over 2% to buy bitcoin.
3/ reuters.com/article/paypal… PayPal recently lifted its costs for merchants (unseen for customers) from 2.59% plus 49 cents to 3.49% plus 49 cents per transaction.
“Lebanon, which already had a fragile economy, has been sinking into an unprecedented financial crisis since 2019. In two years, the local currency, the Lebanese pound, has lost about 90 per cent of its value. equaltimes.org/in-the-midst-o…
2/ While the official rate set by the Central Bank of Lebanon is 1,500 pounds to the US dollar, and the bank rate is 3,900 pounds, in reality, on the black market, a dollar is today equivalent to 13,000 pounds. This inflation is having a dramatic impact on farmers.”
3/ But not only on farmers, students who need their savings to pay for studying abroad are not getting their money out of the bank. Making the advantages of self-custodying money are obvious. upi.com/Top_News/World…
1/ Reactions towards El Salvador making #bitcoin legal tender: The head of the Central American Bank for Economic Integration (CABEI) said on Monday the bank will give El Salvador technical assistance to implement bitcoin as legal tender, reuters.com/business/cenam… even though…
2/ …it still issues debt only in dollars. CABEI’s executive president, Dante Mossi, said the move would offer Salvadorans many opportunities, including lowering the cost for relatives abroad to send remittances.
3/ The World Bank was less supportive, citing “environmental and transparency shortcomings” as reasons why they cannot support Bitcoin.
1/ #Bitcoin trading volume development:
I’ve built an animation showing the increase and decrease in trading volume on Bitcoin peer-to-peer platforms @LocalBitcoins and @Paxful within the last year. Data @MattAhlborg.
2/ A lot of trading on other platforms and directly between individuals goes unaccounted for in this illustration, but it shows the overall development in different regions around the world.
3/ Red areas show a gain in trading volume, while blue signals a loss compared to the previous time frame. In the last 30 days we saw blue or white all over the globe, that was the last dip in full effect. This week the trading volume increased again in Africa and Eastern Europe.