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Tag Archives: internet

“If you increase the competition of ideas, more truth emerges”

Interview with Icaros For this interview, I have reached out to Icaros, principal author of the blog coronacircus.com. He is part of a group of liberty lovers working to build a “freedom cell” in the Swiss Alps. Before the interview, he told me the project is advancing well, as four new families have joined recently. I also happen to know him in real life, although he is completely unaffiliated to my commercial activity. His background is information technology, and he sees the...

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Ungebremste Machtzunahme

Der Apfel glänzt platinfarben: Ein Ende des Höhenflugs der grossen Tech-Unternehmen ist nicht abzusehen. Foto: Bodo Marks Auf mehr als eine Billion Dollar – 1’000’000’000’000 Dollar – ist letzte Woche der Börsenwert des Unternehmens Apple angestiegen. Diese Summe ist um rund die Hälfte grösser als die Gesamtleistung der Schweizer Volkswirtschaft im letzten Jahr (das Bruttoinlandprodukt für 2017 wird auf 680 Milliarden Dollar geschätzt). Die Entwicklung zu solchen Werten ist wie diejenige...

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Cybersecurity

At an MIT book launch in Zurich, David Shrier and Alex Pentland advertized a new book co-edited by them, “New Solutions for Cybersecurity.” Some takeaways from the event: The really dangerous cyber attacks are yet to come. All major governments are directly or indirectly involved. A promising strategy of minimizing risks relies on (i) continuous encryption; (ii) no central storage of data but case by case requests for data; and (iii) log queries to manage/monitor access. The European...

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Oligopolistic Anonymity

On Alphaville, Kadhim Shubber reports that just a few marketplaces handle the vast majority of illicit drugs-vs.-bitcoin trades. In short, the illicit bitcoin ecosystem is centered around a small number of services that could be subject to scrutiny, regulation and co-option by law enforcement. It’s a wild west, but luckily for the police all the bad guys are hanging out at a single saloon.

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Bitcoin: Eine Blase, wie sie im Lehrbuch steht

Das Angebot hält mit der Nachfrage nicht mit: Ein chinesischer Bitcoin-Miner untersucht einen defekten Rechner. Foto: Liu Xingzhe (Keystone) Beginnen wir mit vier Fragen: Verfolgen Sie die Preisentwicklung von Bitcoin? Kennen Sie jemanden, der mit Bitcoin in den letzten Monaten viel Geld verdient hat? Ärgern Sie sich, dass Sie nicht schon früher Bitcoin gekauft haben? Überlegen Sie sich, jetzt Bitcoin zu kaufen, weil Sie denken, dass der Preis noch viel weiter steigen wird und Sie den...

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The Cost of Identity Theft

The Economist reports that according to estimates, undoing identity fraud can take an average of six months and 100 to 200 hours of a person’s time. In addition there is the risk of substantial financial losses due to identity fraud. Suppose a data breach exposes personal information of 1 million people. As a consequence, 0.1% of the affected persons suffer financial costs of $100 each, and all affected persons spend 100 hours to undo the damage. Suppose the average wage of the affected...

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“Passion is the key”

Mark Sandmeier was the first person to be employed by jobs.ch. He now spends his time helping young digital companies get on their feet. What is my job? "I'm the CEO of a start-up," says the affable man with the open face. "CEO sounds fine, but I didn't like 'Managing Director' at all," he adds...

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Mark Cuban: “Data is the new gold”

Technology companies are constantly innovating. Credit Suisse supports them in a variety of ways, including its unique networking platform, the Credit Suisse Private Internet Company Summit. Internet companies constantly innovate to cater to the structural shift toward more enriching online...

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The Dark Side of Digitalization

Globalization and digitization make IT systems vulnerable to attack. Investing in security is therefore essential, and hackers can actually help in this regard. Cybersecurity was not an issue in the 1980s, when the internet was still in its infancy. Since then, however, the number and the...

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