Charlie Shrem, founder of the Bitcoin Foundation, is going to federal prison for a couple of years. He wonders if something like bitcoin could work behind bars.
Many different types of prison currency, from stamps to cigarettes, have existed over the years. After prisons began banning smoking a decade ago—it was banned in all federal prisons in 2014—prisoners started exchanging tins of mackerel due to their long shelf live and high protein, which is lacking in prison. Laundry may cost 1 mack, a haircut 2 mack, and a personal trainer can run you 25 mack a month. So why not Bitcoin?
As it turns out, running a Bitcoin system in prison is illegal—the Bureau of Prisons strictly forbids “possession of money or currency, unless specifically authorized”—but it's still a fun thought experiment. Bitcoin is primarily used over the internet, but does it need to be?
Hackers tried to break into the World Health Organization earlier in March, as the COVID-19 pandemic spread, Reuters reports. Security experts blame an advanced cyber-espionage hacker group known as DarkHotel. A senior agency official says the WHO has been facing a more than two-fold increase in cyberattacks since the coronavirus pandemic began.
Additional $15M will go to third parties and nonprofits
The death toll in Italy’s coronavirus outbreak today passed 1,000. Schools throughout Italy are completely shut down, which is reportedly driving a surge in internet traffic as bored kids forced to stay indoors turn to online games.
While all the downsides of stay-at-home orders and social distancing are evident, there are at least a few small silver linings to come out of all this. For many, this time spent indoors has meant a happy reintroduction to your very own kitchen. You know your kitchen. It’s usually the place that holds all your […]
Have you ever had more time to hone in on fine details than right now? Sure, at first glance, this might not seem like the time to get tripped up on the nitty-gritty of minutia. But how often are you ever going to have this much time to really stop and think about hows and […]
There are plenty of productive ways to spend time while stuck indoors. While it’s undoubtedly fun to binge all 15 seasons of Supernatural or sink days of playtime into an Overwatch campaign, learning something new is definitely a more meaningful and long-term beneficial use of open hours. And if you’re going to invest time in […]