Tuesday, February 2, 2016

I smell the fear of crypto-cash

CalWatch: A worldwide controversy over whether to ban encrypted smartphones has opened a new front in California, where lawmakers introduced legislation that would crack down on the devices.
Assembly Bill 1681, introduced by Assemblyman Jim Cooper, D-Elk Grove, would mandate that phones made “on or after January 1, 2017, and sold in California after that date” must be “capable of being decrypted and unlocked by its manufacturer or its operating system provider,” as CNET reported. “Any smartphone that couldn’t be decrypted on demand would subject a seller to a $2,500 fine. If the bill becomes law, there would be a ban on nearly all iPhones and many devices that run Google’s Android software across the state.”

Terrorism?  Sure.  But this is the California legislature, and money control is on their mind.   They know about bitcoin, they know what's coming.  This is a scared legislature, and fairly ignorant.

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