To these people [the very rich], taxes are costs. And costs are there to be reduced, ideally to zero. [1]
Hacker Publishes 2TB of Data from Cayman National Bank
311–320 of 491 posts
Re: Hacker Publishes 2TB of Data from Cayman National Bank
#312Earlier quoted context omitted.
> 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…
Those numbers are less impressive after you correct for inflation. Meanwhile if a deposit is truly anonymous, I don't see how I could ever be reassured that I could ever withdraw the money later.
Re: Hacker Publishes 2TB of Data from Cayman National Bank
#313English translation here https://pastebin.com/8rXhtqgr
really great content!
Re: Hacker Publishes 2TB of Data from Cayman National Bank
#314Earlier quoted context omitted.
> Sure, why not? It has worked for many years before. Citation very much needed. It depends on what you mean by "working". There's references to tax evasion going back before the Roman Empire. For an example from the era of the Roman Empire, the topic of tax evasion is where the story of "give to Caesar what is his" (Mark 12:17) comes from. (I've found earlier Greek references going back to at least 300BC, but that's…
I don't think you need any citation or reference to know that even as early as 20 years ago there wasn't as much pervasive computerized record keeping and surveillance as there is now. By "worked well" I mean people paid their taxes and the overwhelming majority were law abiding. Here's one example to ponder about: if we had this kind of surveillance earlier, would things like the Civil Rights Movement and generally…
Majority of people paid their taxes, but many didn't, many more than today. Think of mafias of all kinds. So law abiding majority had to pay more to cover state expenses. Without computerized record keeping taxes were collected in person, often with support of armed force. And tax evasion could be as simple as hiding in the woods when tax collector comes. It worked, but not so well.
Re: Hacker Publishes 2TB of Data from Cayman National Bank
#315Earlier quoted context omitted.
Even in a hundred years he wouldn’t regret the choice. Nothing you described sounds appealing. Journalists see most technology like a black box that does mysterious things and produces an output, just like a bystander. If you don’t want to be a bystander to those processes, you become a programmer.
you are conflating the job of journalist with a journalist's relationship with technology - even at that, you are both generalizing and oversimplifying. What I specifically referred to is that programming a computer as a day job (for example as the poster said their job is optimizing ads for a website) is probably far less fulfilling than following and analyzing world events and doing journalism. That's all.
Why do you think world events are inherently more fulfilling?
A long time ago I realized there’s nothing interesting about world events. Most will have little to no effect on me and most of it is just like one big reality show. I now actively avoid learning about world events and am much happier. I’d rather learn about events local to me or stories about people I may be able to relate to, and none of those really require journalists.
The things you can do with software and computers are far more interesting than reading about how corrupt some rich guy is. I don’t give a shit about him or his corruption.
Re: Hacker Publishes 2TB of Data from Cayman National Bank
#316Earlier quoted context omitted.
Related: https://www.google.com.au/amp/s/qz.com/663152/a-10-million-n... Yep, even nuts get stolen!
Anything and everything has a "dark side". That's why these, "Gasp! Oh my goodness, I can't believe there are such vile people in this world" comments piss me off. It's a clear sign of willful ignorance and naivety. The same goes with, "I can't believe people have offshore accounts. Those terrible rich people. Adam Neumann is so terrible for setting up in his contract to get a 1.7b bailout." Bitch, what would you do…
If I had $1.7b I would not give a shit about the taxes I had to pay because my family would be set for generations no matter what. That's what I don't get about the super rich that obsess over taxes, the insane greed when you could be doing absolutely anything else you wanted to.
Re: Hacker Publishes 2TB of Data from Cayman National Bank
#317Where could I download!
Search through twitter, there is a torrent as well.
Re: Hacker Publishes 2TB of Data from Cayman National Bank
#318Strangely 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...
So this activist has somehow profited from his “hacktivism” and he wants to spread his wealth to other activists?
I think that's one possible reading of it. They talk about how they already donated the money from this hack to various resistance movements, so I guess the bounty is being funded from something else.
The bounty works on a sliding scale, according to the manifesto, depending on "the public interest and impact of the material, and the labor required in the hacking."
They go on to say that "I am not trying to enrich anyone. I just want to provide enough funds so that hackers can earn a decent living doing a good job."
Re: Hacker Publishes 2TB of Data from Cayman National Bank
#319Earlier quoted context omitted.
> forcing foreign financial institutions to tell the US government about any American-owned assets on their books This is another interesting part. How can the US "force" a sophisticated wealthy sovereign nation that culturally and morally values banking privacy (not only for the profits), like Switzerland? It cannot be understated how much power, control and ownership the US has of the world financial system. If Swi…
I'm not so sure how aligned the EU is with the US anymore. A lot of what some EU politicians say is about not being able to trust the US. Verhofstadt gives me such an impression at least.
Switzerland isn’t part of the EU.
Re: Hacker Publishes 2TB of Data from Cayman National Bank
#320Strangely 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...
So this activist has somehow profited from his “hacktivism” and he wants to spread his wealth to other activists?
In the text file he uploaded, he said he was only able to extract a few hundred thousand[1]. I did use Google translate though.
> In Myself case, this was the first bank that hacked, and at that time I only had a few few and mediocre accounts prepared to withdraw cash (known as bank drops), so it was only a few hundred thousand who I was able to withdraw in total, when it is normal to get millions.
[1] https://translate.googleusercontent.com/translate_c?u=https:...