Did We Need to Know Who Invented Bitcoin?
Newsweek is receiving heat over luring and then outing the founder of Bitcoin. Satoshi Nakamoto hasn't held a "real" job in years, he got into financial problems years ago which may have inspired his idea for Bitcoin, he's unsurprisingly a Libertarian, and he's an avid collector of model trains, which is how the reporter hooked him into a discussion by email.
But did we have to know all of that? Bitcoin's allure is that it's an unrestricted currency, a symbol of resistance to "the system." Yes, its growing popularity raises some concerns, as Daniel Altman has explained here on Big Think. But it seems strange to associate a fiercely independent global movement to a single individual who reportedly tried--unsuccessfully--to remain private. Though he may be worth an estimated $400 million, Nakamoto was "caught" living a modest lifestyle in California. Maybe we should have left him alone.
Do you think Newsweek went too far?
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Delay, deny and deflect were the strategies Facebook has used to navigate scandals it's faced in recent years, according to the New York Times.
- The exhaustive report is based on interviews with more than 50 people with ties to the company.
- It outlines how senior executives misled the public and lawmakers in regards to what it had discovered about privacy breaches and Russian interference in U.S. politics.
- On Thursday, Facebook cut ties with one of the companies, Definers Public Relations, listed in the report.
Protected animals are feared to be headed for the black market.
Sure we know it would be bad, but what do all of these scary numbers really mean?
- At the press time, the value was $21.7 trillion dollars.
- Lots of people know that a default would be bad, but not everybody seems to get how horrible it would be.
- While the risk is low, knowing what would happen if a default did occur is important information for all voters.
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