Categories
free trade & free markets political economy

Bitcoin to the Rescue

I own no Bitcoin; it’s not my thing. The blockchain concept Bitcoin is based upon seems clever, sure, but I often curse at my “devices,” so only my politics prevents me from full-​blown Luddism. 

Besides, when I think “the people’s money” I don’t think “private fiat currency.” Which is what Bitcoin sure looks like to me.

But to quote from these very pages, “When times get tough, the tough … switch currencies.”

And times cannot get much tougher than in Venezuela right now. No wonder “many are turning to digital assets such as Bitcoin as an alternative to the Venezuelan bolivar,” writes Matthew Di Salvo for the BBC.

“Critics say Bitcoin and other cryptos — there are more than 1,600 globally — are unstable, use too much energy, and are used by money launderers or those wanting to buy illicit goods on the web,” Di Salvo explains.

These points need addressing. I’ll try:

  1. A wannabe money will be as unstable as investor demand. When actually used as money, though, we may expect more stability. And Bitcoin is deflationary, so it should be more stable than government money.
  2. As if our banks and ATMs don’t use energy!
  3. Used by bad people? Well, you can say that about cash. But if we get rid of cash — as many experts want to — you can kiss any hope for freedom goodbye.

Venezuelans, by turning to keeping “their money in a digital wallet in the form of Bitcoin, Litecoin, Dash or any of the others,” are grabbing at something much better than what their malign inflation-​happy government provides.

It is a pity that the “free-​market” alternative is called “crypto” — meaning secret.

Freedom is the world’s best-​kept secret?

This is Common Sense. I’m Paul Jacob.


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Categories
Accountability crime and punishment

TSA Abuse

Among the rights-​trampling bureaucracies, many and various, the Transportation Security Administration is far from the most beloved.

Millions of Americans, in the course of trying to catch flights, experience TSA agents up close and personal. 

Some of these official gropers are way too “handsy.”

One report comes to our attention from Charlotte Ann Kimbrough, former law enforcement officer. 

When she told TSA agents that she had had two metal hip replacements, she expected to be wanded. Instead, “The woman groped my crotch — twice. She went underneath my dress. I knew I had to be calm for the man I was traveling with.… But he could see the look on my face. He started yelling. They got the woman who was groping me out of the way and brought in a boss, who tried to stop the situation from escalating. I do have anger at myself, that I let her do it to to me.… I keep getting feelings of guilt.”

Some TSA workers may be uncomfortable with what they are “forced” to do to innocents. Others enjoy the power they have to humiliate people. Still others — whistleblowers — do speak out against abuses.

But they face retaliation from higher-​ups for doing so. All of these employees are subject to abuse by TSA bosses. 

A government report details alleged misconduct that includes sexual harassment, verbal abuse of employees, and obstructing investigations into misconduct. 

We should not be surprised. As Reason magazine puts it, “this isn’t an agency with a great track record when it comes to treating people well.”

This is Common Sense. I’m Paul Jacob. 

 


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Categories
crime and punishment general freedom ideological culture moral hazard nannyism political challengers privacy Regulating Protest too much government

Don’t Enable Tyrants

If I deliberately help somebody to do evil things — and nobody is holding a gun to my head — I am thereby doing evil myself.

A person should not let himself be in that position. Not even if he’s “just doing my job” and looking for a non-​evil job would be demonstrably inconvenient. To have a motive for doing a bad thing is not by itself exculpatory.

What provokes this observation is a newly amplified assault by the Venezuelan government on the rights of its citizens. The government is seeking to violate the right to peacefully read stuff on the Web by blocking Tor software, which allows users to elude government surveillance and reach banned websites.

Venezuelan dictators Chavez, now dead, and Maduro, still there, have never hesitated to stomp freedom in the name of a spurious greater good. Somebody like Maduro is certainly unscrupulous enough to go after Tor for thwarting censorship. So he fulfills that requirement. I doubt that he possesses very extensive programming ability.

Tor may not be perfect, but it’s pretty robust. You need substantial resources, such as those at the disposal of a government, to stop it. You also need to know what you’re doing. The coders on Venezuela’s stop-​Tor team are probably smart enough to grasp the purpose of their work.

They and all other such collaborators should defect to the other side: that of programmers working to protect innocent people from government-​sponsored cyber-assault.

This is Common Sense. I’m Paul Jacob.

 


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Categories
Accountability crime and punishment general freedom moral hazard national politics & policies privacy responsibility

In Plain Sight

The Berlin terrorist attack just a little over a week ago fit a noteworthy pattern. German authorities had investigated Anis Amri — the Tunisian man who drove that large truck into a crowded Christmas market, killing 12 and wounding 56 others — and found “links with Islamic extremists.”

Later killed in Milan, Italy, Amri had been wanted in Tunisia for “hijacking a van” and jailed in Italy for arson and a “violent assault at his migrant reception center.” And yet with all that known or easily knowable, the German authorities couldn’t prevent him from killing innocent Germans.

It’s not just a European phenomenon, either.

Consider Omar Mateen, this country’s worst mass shooter, having massacred 49 people in Orlando’s Pulse nightclub. The FBI had spent ten months looking into Mateen.

Years before the Boston Marathon bombing, the FBI had tracked Tamerlan Tsarnaev, one of the bombers.*

“In case after case … authorities have come forward after the fact to say that they had enough cause to place the suspect under surveillance well before the violence,” the Washington Post recently noted. This was the case with the majority of recent lone-​wolf terrorism plots.

“If any lesson can be learned from studying the perpetrators of recent attacks,” a report in The Intercept concluded, “it is that there needs to be a greater investment in conducting targeted surveillance of known terror suspects and a move away from the constant knee-​jerk expansion of dragnet surveillance …”

Yet intelligence agencies are still grabbing our metadata in violation of the Fourth Amendment. That needs to stop.

The fact that known threats are consistently not being stopped suggests curtailing mass surveillance won’t hurt our security, but improve it.

This is Common Sense. I’m Paul Jacob.

 

* The same is true regarding the Ft. Hood (work-​place) shooter, Nidal Hasan. Likewise, Abdulhakim Mujahid Muhammad (formerly Carlos Bledsoe), who was under the active eye of the FBI after returning from Yemen … until he opened fire on a Little Rock, Arkansas, recruiting station killing one soldier and wounding another. Ditto Ahmad Khan Rahami, the less deadly bomber in New York City and New Jersey.


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Categories
crime and punishment First Amendment rights general freedom moral hazard national politics & policies Snowden

Structurally Opinionated B. S.

Edward Snowden, the infamous American whistleblower now exiled in Russia, says the FBI’s claim that it cannot decode the infamous San Bernardino terrorist’s iPhone is, and I quote, “Bernie Sanders.”

Oops.

He used another word-​set, also sporting the initials B. S.

I got confused because, though the press has been fretting endlessly about the B.S. coming from Donald Trump, the real corkers of late have come from Bernie Sanders, who seems to think that white people cannot be poor or oppressed* and that the successes of free markets elsewhere serve perfectly as excuses for Big Government interference here in America.**

Mr. Snowden, who knows a lot more about encryption and decryption than I do, has given more weight to my suspicion that the whole FBI case against Apple — demanding that Apple create software to decrypt the company’s customers’ iPhones, and supply (on an allegedly case-​by-​case basis) the decrypted private information to the government — is a sham.

Snowden insists that there are multiple ways to do the job.

“Other technologists have explained how the FBI could have easily accessed the phone’s latest iCloud backup,” a report on Snowden’s judgment elaborated, “if agents working with San Bernardino County had not reset the iCloud password.”

Once again, a government failure leads to another push by government to correct for its failure, burdening citizens.

In this case: folks at Apple.

Interestingly, Apple’s legal defense appears to rest heavily on the First Amendment’s free speech guarantees, arguing that the demanded software is value-​laden speech, is literally made up of such.

The exact term is “structurally opinionated,” which I nominate for the jargon phrase of the year.

This is Common Sense. I’m Paul Jacob.


* Sanders has recently said, in one of those interminable debates that I can no longer watch in full, “When you are white, you don’t know what it’s like to be living in a ghetto, you don’t know what it’s like to be poor, you don’t know what it’s like to be hassled when you are walking down a street or dragged out of a car.” As if “white privilege” amounts to immunity from poverty or oppression.

** Sanders, whose Tweets are as insane as his spoken pronouncements, recently lamented how Romanians in Bucharest have faster Internet speeds than Americans — without realizing they’d achieved these levels of access by wide-​open, unrelenting, and wild competition. That is, Laissez Faire capitalism.


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Categories
Accountability crime and punishment general freedom moral hazard nannyism national politics & policies privacy too much government

Breaking the Safe

As we tromp repeatedly to the polling booth this year, we should wonder: are we being played?

The answer: yes … at least on the issue of Apple’s iPhone security.

I’ve written about this before. Our politicians and government officials are playing demagogue, trying to convert (too successfully?) the electorate into a mob bent on destroying privacy and private property — out of unwarranted fear.

The case for terrorist worries in this case is not even plausible: the FBI waited too long to be convincing, and the NSA supposedly has the metadata anyway. The government doesn’t need the info. It’s after something else.

As former congressman Bob Barr put it, the government’s case is “pure applesauce … simply the latest chapter in a decades-​long push by Uncle Sam to gain access to Americans’ digital technology and place this booming sector of our economy under its thumb.” He goes on:

[T]he government is for the first time demanding that a company actually invent a way to defeat the very encryption safeguards it builds into the devices it sells. Attorney General Lynch has taken to citing an obscure law, the All Writs Act of 1789, to justify this unprecedented exercise of power to compel companies to do the government’s work for it.

To my knowledge, the government has never demanded that Allied Safe and Vault, or any of its competitors, go out of its way to cook up “a way in” to its security systems.

Government is just trying to retain its old relevance. Folks in power see it slipping. And it is, as Americans outsource their privacy and security not to governments, but, increasingly, to private providers.

That’s a good thing.

This is Common Sense. I’m Paul Jacob.


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