Pennies and Dimes

We all know that privacy is gone, gone, gone.  However here is one more (semi) rant on the changes to the fiat in Canada.  Written by James E Miller of the Ludwig von Mises Institute of Canada Via Zerohedge.

Canada is phasing out small currency usage, and introducing digital currency, the MintChip.  This can be used for all small (and I guess large) transactions in Canada and is anonymous (bah humbug).  If data is captured it is used against you in one form or another, and at the very least is valuable information to the tax man, marketers, and your ex during divorce proceedings.  

Mr Miller suggests “Governments have been waging a war on anonymous business since central banking became the norm.”  Well, it has on the 99% Mr Miller.

But not the 1%.  What I find difficult to understand, or at least throw down the challenge, is why if the governments around the world can penny and dime us, why they cannot get the US$700 + trillion of over the counter derivatives onto an exchange so that we can monitor them too?  They are after all the biggest risk, not the penny tax dodger, and the greatest cost to the community when they go boom!!

Privacy is dead!!

Thanks to an avid reader, I am updating the blog of yesterday Privacy and Shame and Fame.  It was about the commoditisation of privacy and shame.  That both are being bought and sold at ever greater numbers. 

In this article published today, the author Lia Timson attended the RSA 2012 conference.  She writes about the presentation by George Kurtz (and others) whereby they demonstrated that both iPhone and Android are vulnerable to drive by hacking.  

Well we knew that right?  But the scope and scale of the information available through this hacking is the final nail in privacy.  As Kurtz said “If you haven't figured out privacy is dead, this is going to do it for you.”