251–260 of 491 posts
Strangely under-reported is that the same hacker is offering up to 100k to others who perform similar acts of hacktivism: https://www.vice.com/en_us/article/vb5agy/phineas-fisher-off...
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She also attacked the Barcelona police department, the Turkish government, and stole money from various Bitcoin wallets to donate to the Kurds iirc. Her write-ups are always really great reads and very enlightening.
Their pronouns are they/them. https://twitter.com/DDoSecrets/status/1196397044644163585
After watching The laundromat, I think it's big news. Although I will always be curious why countries are letting those small, insignificant islands and countries manage all this wealth, and why they're trusted to do it. This can't be secure or safe. I'm curious about the diplomacy and the political implications of this. What if their office get robbed? What if the island gets attacked? What if one of those shady ban…
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It was possible for many empires to tax effectively before modern bookkeeping. Property tax needs very little in the way of financial records to administer.
> modern book-keeping Can you clarify what precisely you mean by this statement? Most empires historically-speaking have had sophisticated book-keeping methods. Chinese empires used to tax anyone who exited a city on the profits they made during their visit. The Romans when they took over Egypt, taxed the hell out of it and for that purpose kept meticulous records on all of the transactions that happened. The notion…
Before the advent of computing and auditing it would be hard to tell if a blacksmith sold 50 or 55 swords. So income tax wasn't viable and instead taxation on lands were more common.
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She also attacked the Barcelona police department, the Turkish government, and stole money from various Bitcoin wallets to donate to the Kurds iirc. Her write-ups are always really great reads and very enlightening.
Their pronouns are they/them. https://twitter.com/DDoSecrets/status/1196397044644163585
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> place to store anonymously your illicit cash What if I just want a place to anonymously store my legally gained cash? Unfortunately, it seems the normal people lost their privacy nowadays at the expense of the criminals and the "If you've got nothing to hide, you've got nothing to fear" argument has taken a stronghold in the financial sector.
If you read the article South Dakota is a great choice. It's a fantastic read on the history of how these states to harbor cash came to be. This part of the article sums it up in a very compelling manner: "Here is an example from one academic paper on South Dakotan trusts: after 200 years, $1m placed in trust and growing tax-free at an annual rate of 6% will have become $136bn. After 300 years, it will have grown to…
Economically speaking, this is Not Even Wrong.
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> place to store anonymously your illicit cash What if I just want a place to anonymously store my legally gained cash? Unfortunately, it seems the normal people lost their privacy nowadays at the expense of the criminals and the "If you've got nothing to hide, you've got nothing to fear" argument has taken a stronghold in the financial sector.
If you read the article South Dakota is a great choice. It's a fantastic read on the history of how these states to harbor cash came to be. This part of the article sums it up in a very compelling manner: "Here is an example from one academic paper on South Dakotan trusts: after 200 years, $1m placed in trust and growing tax-free at an annual rate of 6% will have become $136bn. After 300 years, it will have grown to…
That said ... this is the premise of some entertaining science fiction.
After watching The laundromat, I think it's big news. Although I will always be curious why countries are letting those small, insignificant islands and countries manage all this wealth, and why they're trusted to do it. This can't be secure or safe. I'm curious about the diplomacy and the political implications of this. What if their office get robbed? What if the island gets attacked? What if one of those shady ban…
A recent piece in The Guardian argues that South Dakota and other US states are actually becoming the go-to place to store anonymously your illicit cash and make sure that your heirs can inherit it without taxes forever: https://www.theguardian.com/world/2019/nov/14/the-great-amer... Partly because the US has compelled other countries to provide more transparency without joining that transparency organization itself.…
After watching The laundromat, I think it's big news. Although I will always be curious why countries are letting those small, insignificant islands and countries manage all this wealth, and why they're trusted to do it. This can't be secure or safe. I'm curious about the diplomacy and the political implications of this. What if their office get robbed? What if the island gets attacked? What if one of those shady ban…
Note that in his write-up of how the hack was accomplished (someone pasted a link in another comment) the hacker specifically mentions his attack was on Cayman National Bank of the Isle of Man. From cursory research it appears to be based there, not in the Cayman Islands.
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>What if their office get robbed? What if the island gets attacked? Switzerland, WW2. There is safety in holding EVERYONE's money. Because the moment you try it, you enrage many, many, many people who have things that go boom. You can fuck with someone's politics, their car or even their wife. But once you fuck with someone's money, it's a whole new ball game. > I don't understand how this is even legal at all Bank f…
Related: https://www.google.com.au/amp/s/qz.com/663152/a-10-million-n... Yep, even nuts get stolen!
Thanks for the article by the way. Got to admit, those folks have a great heist story. "We stole $10m worth of deez nutz!"
Ever wonder if someone does a heist and the press shorts the value, do those guys want to correct them? "Excuse me, we stole $12.4m worth of nuts. We are professionals after all, thank you very much." Not going to lie, it would piss me off if I ever did an art heist and the news says, "$10 million dollar painting stolen..." Mofo, you forgot a zero! You're making me look bad!