News for hackers. Stuff that matters.
Re:German parliament passes bill allowing banks to sell and ... by DyslexicAtheist on Friday November 29, 2019 @08:04AM (#21664089)
> we should come up with a new short term for cryptography

"they" should come up with a new short term for cryptocurrency

Re:German parliament passes bill allowing banks to sell and ... by q3k on Friday November 29, 2019 @08:06AM (#21664106)
Unfortunately the free market cares about crypto->cryptocurrency more than about crypto->cryptography.

We are all, unfortunately, under control of an entity that values financial growth at all costs over any sort of scientific merit.

Re:German parliament passes bill allowing banks to sell and ... by BLKNSLVR on Friday November 29, 2019 @09:10AM (#21664463)
Can we use that to garner public support for cryptography under the banner of digital currency / cryptocoins?

Something like this:

The five eyes are trying to ban crypto! The government wants to be able to access your life savings when it inevitably all goes digital!

Re:German parliament passes bill allowing banks to sell and ... by freehunter on Friday November 29, 2019 @12:20PM (#21665568)
Eh I wouldn’t be so quick to blame finance for this one. How quickly did we lose the “hackers vs crackers” debate in security? Even this forum, plenty of people think the “hacker” in the name refers to cybercriminals because the name was so throughly co-opted.
Re:German parliament passes bill allowing banks to sell and ... by A_Parr on Friday November 29, 2019 @08:27AM (#21664208)
Internet fun-bucks
Re:German parliament passes bill allowing banks to sell and ... by seizeheures on Friday November 29, 2019 @08:35AM (#21664251)
"magic internet money"
Re:German parliament passes bill allowing banks to sell and ... by arcticbull on Friday November 29, 2019 @09:09AM (#21664457)
Magic beans that live in your computer, or, uh, digital Chuck E. Cheese tokens. On a side note did you know the E. stands for Entertainment? Entertainment is literally that mouse’s middle name.
Re:German parliament passes bill allowing banks to sell and ... by collyw on Friday November 29, 2019 @10:17AM (#21664835)
Isn't all fiat money magic in that way?
Re:German parliament passes bill allowing banks to sell and ... by notahacker on Friday November 29, 2019 @01:49PM (#21666048)
Nope. Fiat money is created as debt repayable only in that currency, and backed by a government which levies taxes only in that currency, so future demand to obtain the currency doesn't depend entirely on the assumption its purchasing power will go up. Even then, it needs a lot of intervention to keep it stable on a day to day basis.
Re:German parliament passes bill allowing banks to sell and ... by reportgunner on Friday November 29, 2019 @08:31AM (#21664233)
But aren't cryptocurrencies technically a subset of cryptography ?
Re:German parliament passes bill allowing banks to sell and ... by imtringued on Friday November 29, 2019 @08:56AM (#21664373)
Yes but it is a very broad subset to the point that it isn't useful. It's like saying that a law makes Germany a "money heaven" after introducing mobile payments.
Re:German parliament passes bill allowing banks to sell and ... by q3k on Friday November 29, 2019 @08:43AM (#21664291)
Would you call your phone 'material science'?
Re:German parliament passes bill allowing banks to sell and ... by reportgunner on Friday November 29, 2019 @08:46AM (#21664307)
Not really, but I would definitely call it electronics
Re:German parliament passes bill allowing banks to sell and ... by wongarsu on Friday November 29, 2019 @08:08AM (#21664116)
eGold would have been a great name (limited supply, prone to gold rushes, comparable to cash, ...). Sadly that name is taken