Red Alert: The First Amendment Is in Danger BillMoyers.com – BillMoyers.com

If anyone believes that under the First Amendment gagging the media cant happen here, the answer is that it already has.

Reporters attempt to pose questions to President Donald Trump during a news conference on Feb. 16, 2017. (Photo by Mario Tama/Getty Images)

Of all the incredible statements issuing from the fantasy factory that is the imagination of Donald Trump, the one he recently made in a speech to graduates of the Coast Guard academy, that no politician in history and I say this with great surety has been treated worse or so unfairly sets an unenviable record for brazen ignorance plus a toxic mix of self-aggrandizement and self-pity. In his eyes, the most villainous persecutors are the mainstream fake news organizations that dare to oppose his actions and expose his lies.

So, having already banned nosy reporters from news corporations that he doesnt like, branded their employers as enemies of the nation and expressed a wish to departed FBI Director James Comey that those in the White House who leak his secrets should be jailed, why should there be any doubt that he would, if he could, clap behind bars reporters whom, in his own cockeyed vision, he saw as hostile? His fingers itch to sign an order or even better a law that would give him that power. Could he possibly extract such legislation from Congress?

Such a bill might accuse the press of seditious libel, meaning the circulation of an opinion tending to induce a belief that an action of the government was hostile to the liberties and happiness of the people. It also could be prohibited to defame the president by declarations directly or indirectly to criminate his motives in conducting official business.

If anyone believes that under the First Amendment gagging the media cant happen here, the answer is that it already has.

With a net that wide, practically anything that carried even the slightest whiff of criticism could incur a penalty of as much as five years in jail and a fine of $5,000. Just for good measure, couple it with an Act Concerning Aliens, giving the president the right to expel any foreign-born resident not yet naturalized whom he considers dangerous to the peace and safety of the United States without a charge or a hearing.

How Trump would relish that kind of imaginary power over his enemies!

I didnt make up those words. They are part of actual laws the Alien and Sedition Acts, passed in the summer of 1798 and signed by John Adams, our second president and titular leader of the conservative Federalist Party. Men were actually tried, imprisoned and fined for such sedition. If anyone believes that under the First Amendment gagging the media cant happen here, the answer is that it already has.

John Adams by John Turnbull, 1793. (National Portrait Gallery)

How did it happen? Just as it could happen again today in the midst of a national emergency. In Adams day, it was a war scare with France that produced a flurry of stand behind the president resolutions, a hugely expanded military budget (including the beginnings of the US Navy), demonstrations of approval in front of Adams residence and a conviction among the Federalists that members of Congress who talked of peace namely the Republicans, the pro-French opposition party who at that time were the more liberal of the two parties, [held] their countrys honor and safety too cheap.

In other words, just the kind of emergency that could be produced at any time in our present climate by a terrorist attack here at home genuine, exaggerated or contrived and pounced upon by the man in the White House.

Do I exaggerate? Read the chilling report of the April 30 interview between Jon Karl of ABC News and Trump chief of staff Reince Priebus, who said the president might change libel laws so he could sue publishers. When Karl suggested that this might require amending the Constitution, Priebus replied, I think its something that weve looked at, and how that gets executed or whether that goes anywhere is a different story.

This is reality. A lying president aspiring to become a tinpot dictator is making his move. Its time to be afraid, but not too afraid to be prepared.

This is reality. A lying president aspiring to become a tinpot dictator is making his move. Its time to be afraid, but not too afraid to be prepared.

Lets briefly flash back to 1798. In the bitter contest between Federalists and Republicans, their weapons were the rambunctious, robust and nose-thumbing newspapers of the time, run by owner-editors and publishers who simply called themselves printers. They werent above dirtying their own hands with smears of ink, nor was there any tradition of objectivity. A British traveler of a slightly later time wrote that defamation exists all over the world, but it is incredible to what extent this vice is carried in America.

Nobody escaped calumny, not even the esteemed father of his country. Benjamin Franklin Bache, Republican editor of the Philadelphia Aurora, commented as George Washington departed office that his administration had been tainted with dishonor, injustice, treachery, meanness and perfidy if ever a nation was debauched by a man, the American nation has been debauched by WASHINGTON.

Bache also had had harsh words for old, bald, blind, querulous, toothless, crippled John Adams, sounding very much like a pre-dawn Trump tweet aimed at some critic of His Mightiness. You might not find that kind of personal invective now in The New York Times or The Washington Post, but its familiar on right-wing talk radio and would sound at home coming from the mouths of Rush Limbaugh, Sean Hannity or Ann Coulter. The mode of dissemination changes; the ugliness at the core is unchanged.

Stung and furious, Adams and his Federalist supporters in Congress pushed the Sedition Act through Congress, though by a narrow majority. But could it survive a legal challenge from the Republican minority under the First Amendments guarantee of press freedom? The Federalists answered with a legal interpretation that the guarantee only covered prior restraint, which meant that a license from a government censor was required before publication of any opinion. Once it actually emerged in print, however, it had to take its chances with libel and defamation suits, even by public officials. Today,prior restraint is judicially dead, but the question of who is a public official and can be criticized without fear of retaliation in the courts continues to produce litigation.

But in 1787 argument made little difference. With the trumpets and drums of war blaring and thundering, the Constitution, as usually happens in such times, was little more than a paper barrier. Some provisions were added that would help the defense in a prosecution under its provisions. Moreover, the act was ticketed to expire automatically on March 3, 1801, the day before a new president and Congress would take office and either renew the law or leave it in its grave which is precisely what happened when Thomas Jefferson and the Republicans eventually won the 1800 election.

Nevertheless, during its slightly more than two years in force that produced only a handful of indictments, the Sedition Act did some meaningful damage. It produced what Jefferson called a reign of witches harmful enough to prove it was a travesty of justice, but not enough to become a full-blown reign of terror like the disappearances and executions of modern tyrannies.

The act never succeeded in its purpose of muzzling all criticism of the government, and in fact worked to the contrary. The toughest sentence 18 months in jail and a fine of $450 a huge sum in those days when whole families never saw as much as $100 in cash was imposed on a Massachusetts eccentric who put up a Liberty Pole in Dedham denouncing the acts and cheering for Jefferson and the Republicans. Other convictions for equally innocuous crimes defined by zealous prosecutors as sedition inflicted undeserved punishment by any standard of fairness. But two were especially consequential thanks to the backlash they produced.

After the House failed to expel Matthew Lyon for the gross indecency of spitting tobacco juice at Roger Griswold, the latter sought justice by attacking Lyon on the House floor (then located in Philadelphias Congress Hall) with a cane. Lyon defended himself with a pair of fire tongs. Commemorating the row between Representatives, this 1798 etching includes verse describing the scene, including the detail that Lyon seized the tongs to ease his wrongs. (US House of Representatives)

One involved Matthew Lyon, a hot-tempered Vermont congressman, who ran a newspaper in which he accused Adams of a continual grasp for power and a thirst for ridiculous pomp that should have put him in a madhouse. For that he got a $1,000 fine and four months of jail time in an unheated felons cell in midwinter. But numerous Republican admirers raised the money to pay his fine. Asenator from Virginia rode north to personally deliver saddlebags full of collected cash. Lyon even ran for re-election from jail in December and swamped his opponent by 2,000 votes. His return to his seat in the House was celebrated joyfully by Republican crowds.

Jedidiah Peck from upstate New York was also indicted for his heinous offense of circulating a petition for the repeal of both the Alien and Sedition Acts. At each stop in his five-day trip to New York City for trial, the sight of him in manacles, watched over by a federal marshal, provoked anti-Federalist demonstrations. His case was dropped in 1800, and he was also easily re-elected to his seat in the New York assembly.

In fact, the entire Republican triumph in that years election was in good part a backlash to the censorship power grab of the Federalists. Literate voters of 1800, kept informed by a vigorous press, were not going to put padlocks on their tongues or take Federalist overreach lying down. Maybe it was from ingrained love of liberty or plain orneriness, or maybe because they were tougher to distract than we their heirs, beset by a constant barrage of entertainment, advertisements and other forms of trivial amusements.

If Trump keeps repeating fake news over and over at every exposure of some misdemeanor, eventually the number of believers in that falsehood will swell.

Because that stream of noise is constant and virtually unavoidable by anyone not living in a cave, we are vulnerable to the tactic of the unapologetic Big Lie. If Trump keeps repeating fake news over and over at every exposure of some misdemeanor, eventually the number of believers in that falsehood will swell.

Genuine trouble is at our doorstep. If that statement from Reince Priebus is taken at face value, our bully-in-chief is looking for nothing less than control of the court of public opinion through management of the media by criminalizing criticism all behind a manufactured faade of governing in the name of the people.

With the example of 1798 before us, we need to resolve that any such effort can and must be met with the same kind of opposition mounted by that first generation of Americans living under the Constitution. If we want to be worthy of them, we need to use all our strength and resolution in deploying tactics of resistance. We need to fill the streets, overwhelm our lawmakers with calls and letters, reward them with our votes when they check the arrogance of power and strengthen their backbones when they waver. Any of us who gets a chance to speak at public gatherings and ceremonies should grab it to remind the audience that without freedom of speech, assembly and protest there is no real freedom. If the First Amendment vanishes, the rest of the Bill of Rights goes with it. And were dangerously close.

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Red Alert: The First Amendment Is in Danger BillMoyers.com - BillMoyers.com

First Amendment protects us all by sticking up for the despicable – Knoxville News Sentinel

Although Milo Yiannopoulos has resigned from Breitbart, the British-born journalist has found a way to remain in the U.S. Veuer's Amanda Kabbabe (@kabbaber) has more. Buzz60

News Sentinel Editor Jack McElroy(Photo: Paul Efird)

I do not agree with what you have to say, but I'll defend to the death your right to say it. - Evelyn Beatrice Hall

This past legislative session, state Rep. Martin Daniel introduced a bill he dubbed the Milo Bill" for Milo Yiannopoulos, the controversialex-Breitbart writer whose plans to speak at the University of California atBerkeleysparked rioting that caused the cancellation ofhis appearance.

The bill was supposed to protect freedom of speech on Tennessee campuses, a measure opponents considered unnecessary.

Rep. Mike Stewart, D-Nashville, also complained about naming bills after people that promote racism, pedophilia and hatred.

Daniel rethought the name, too, after Yiannopoulos was caught on video condoning sex between men and boys. The Knoxville Republican tweeted:"It will also be known as the Thomas Jefferson, Patrick Henry, Thomas Paine, & the MLK JR. bill.

Too bad.

The First Amendment doesnt need help from the Tennessee legislature. But if it did, a law named after Yiannopoulos would be appropriate. The man makes a living being offensive. Thats exactly what the First Amendment must protect.

A related issue arose last week when the mayor of Portland, Ore., called on the feds to block demonstrators supporting the white supremacist who screamed slurs at women on a light-rail train then stabbed to death two men who came to their defense.

Hate speech is not protected by the First Amendment, the mayor declared.

Actually, it is.The Supreme Court has made that clear in cases ranging from a 1969 rulingin favor of a KKK leader who called for "revengeance" against African Americans and Jews to a 2010 decision supporting the Westboro Baptist Church's right to picket a soldiers funeral with signs saying, "Thank God for dead soldiers."

There's a reasonvile speech must be protected. That'swhere tolerance is put to the test.

There's no need to protect speech with which everyone agrees. If Thomas Jefferson, Patrick Henry, Tom Paine or Martin Luther King Jr. spoke at the University of Tennessee today, the cheers would be heard in Chattanooga.

Milo? Not so much.

Unfortunately, Americans forget this concept from time to time..

The past year has seen several instances of students trying to stop controversial speakers from appearing on campuses or shouting them down when they did: Bell Curve author Charles Murray at Middlebury College; DailyWire editor Ben Shapiro at University of Wisconsin-Madison; actor Gavin McInnes at New York University; white nationalist Richard Spencer at Texas A&M; andprovocateur Ann Coulter at Berkeley.

This reflects a fundamental lack of understanding of how the First Amendment functions.

The only effective answer to a bad idea is a good idea. Responding to speech with speech works. Protest is entirely appropriate, ifpeaceful.

But trying to silence words with which we disagree even if we find them despicable will backfire.

Jack McElroy is executive editor of the News Sentinel and can be reached at editor@knoxnews.com.

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First Amendment protects us all by sticking up for the despicable - Knoxville News Sentinel

Post and Courier wins prestigious APME First Amendment award for series on police tracking methods – Charleston Post Courier

The Post and Courier's "Watched" series chronicling police surveillance tactics has won the grand prize for work advancing the principles of the First Amendment in thethe 2017 Associated Press Media Editors Awards.

The three-part series by reporters Glenn Smith and Andrew Knapp was among the top honorees in the annual APME Awards, which recognizes watchdog journalism that saved lives, exposed bias, held government officials accountable and shed light on hidden practices. Winners will be recognized at an October conference in Washington, D.C.

"Watched" detailed how police forces across the United States are stockpiling massive databases with personal information from millions of Americans who simply crossed paths with officers. The series explored the pervasive but little-known police practice of gathering data from "suspicious" citizens in the absence of an arrest. That data can be stored indefinitely and used to track a persons movements and habits over time.

Critics contend the practice can intrude on privacy and keep innocent people under a permanent cloud of suspicion.

APME judges noted the series "produced results in Charleston, where the police chief announced an initiative to purge innocent people from the departments database, and won praise from civil libertarians and police alike for shedding light on surveillance techniques often hidden from public view."

"Watched" had previously won a National Headliner Award and took first-place honors for investigative and public service reporting in the South Carolina Press Association Awards.

Reach Glenn Smith at 843-937-5556 or follow him on Twitter @glennsmith5.

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Post and Courier wins prestigious APME First Amendment award for series on police tracking methods - Charleston Post Courier

Editorial: Greitens stashes his sneaky money behind the First Amendment – STLtoday.com

Missouri Gov. Eric Greitens has decided that taking millions of dollars in anonymous campaign loot makes him a champion of the First Amendment.

You have folks in the liberal media who are out of touch and have lost their minds, Greitens told KTVI Channel 2 last week. Now they are opposed to the First Amendment.

The governor rarely uses the word media without the adjective liberal, nor his political opponents as anything but career politicians. Both the media and politicians from both parties have criticized him for preaching ethics reform while taking nearly $4 million in dark money from federal super PACs during his campaign. He used a dark money Committee for a New Missouri to pay for his inauguration. It was then rolled into an ongoing dark fund to promote Greitens.

This would be ethically dubious for anyone, but particularly for a man who early in his campaign criticized candidates who set up these secretive super PACs where they dont take any responsibility for what theyre doing.

He told St. Louis Public radio in January 2016 that Ive been very proud to tell people: Im stepping forward, and you can see every single one of our donors, because we are proud of our donors and we are proud of the campaign we are running.

As Greitens, a scholar of Greek ethics, certainly knows, the word hypocrite comes from the Greek hypokrites, which means an actor whos pretending.

The U.S. Supreme Court has never definitively said that anonymous political contributions are protected by the First Amendment. The case law on anonymous speech is all over the place. Anonymous leafleting is OK, but petition signatures cant be kept secret.

The court never envisioned that groups would incorporate as social welfare organizations under the IRS code and use the anonymity granted to, say, Rotary Club donors to hide political donations. Indeed, in Citizens United vs. FEC, which opened the door to unlimited corporate campaign donations, the court took it for granted that full disclosure would cover any suspicions of corruption or bribery.

Greitens dubious First Amendment claims are supported by conservative activists like the Center for Competitive Politics. Its president, David Keating, once said his goal was to do for the First Amendment what the NRA did for the Second. If he means distort it beyond anything the Founders ever imagined, hes well on his way.

We prefer the up-front attitude of Geoffrey Standing Bear of Oklahoma, chief of the Osage Nation, which hopes to build an Indian casino in Crawford County. Yes, he told the Post-Dispatchs Tony Messenger, hed given $52,700 to Greitens dark money committee.

That was me trying to establish a good relationship with the governor of Missouri, he said. We thought we would show him respect.

The Tony Soprano rule applies: Those who want respect, give respect.

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Editorial: Greitens stashes his sneaky money behind the First Amendment - STLtoday.com

Robb: No, your First Amendment rights aren’t being attacked – AZCentral.com

Donald Trump calls the press 'the enemy.' If that's the case, there's a lot more people on that list, says columnist E.J. Montini.

Criticisms of Ducey and Trump are rooted in muddled thinking about the First Amendment's free speech protections.(Photo: Photo: Getty Images)

Gov. Doug Ducey was right to veto the legislation (Senate Bill 1384) limiting the ability of school administrators to regulate the content of student newspapers. Much of the criticism of the veto was rooted in muddled thinking about the First Amendments free speech protections.

The First Amendment is a negative injunction: Congress shall pass no law abridging the freedom of speech, or of the press ...

That gives Americans the right to write or say what they want. But it doesnt guarantee an audience. Or a publisher.

At the high school level, the publisher of a student newspaper is clearly the school. The vetoed bill would have sharply curtailed the authority a publisher usually has over content. Administrators could only exercise oversight over material that is defamatory, violates privacy or law, or creates an imminent danger of inciting disorder or unlawful conduct.

Those are all nebulous standards, subject to judgment, disagreement and litigation. The bill stated that the school isnt liable for content published in the student media, but thats a doubtful immunity.

The Arizona Constitution is highly protective of the right to sue. Courts are likely to look askance at letting the adults in the equation, and the only deep pockets in the picture, off the hook.

Schools exercising the usual authority of a publisher isnt an infringement on the First Amendment rights of student journalists. If the publisher of this newspaper took the advice of some of you and discontinued this column, my First Amendment rights wouldnt have been violated.

MONTINI: Ducey praises 'free speech' law that could put you in jail

A school punishing a student for content published on a private blog or Facebook might implicate First Amendment rights. But not publishing something in a publication paid for by the school doesnt. Thats exercising the prerogatives of a publisher.

This is a minor point, but not an irrelevant one. One of the challenges our schools face is maintaining an orderly learning environment. Schools arent helped by the Legislature concocting another legal thicket for them to negotiate.

Its unfair to Ducey to bring Donald Trump into the conversation at this point. Ducey behaved responsibly with his veto. Trump is behaving irresponsibly in his war with certain media. Nevertheless, much of the commentary regarding Trumps war with the media is also rooted in muddled thinking about the First Amendment.

The New York Times has a First Amendment right to write what it wants about Trump. And Trump has a First Amendment right to say what he thinks about what The Times writes about him.

Trump exercising his First Amendment rights doesnt curtail or threaten The Times First Amendment rights.

Some commentators make a more subtle point. By attacking certain media, they assert, Trump is undermining the role of the press that the First Amendment was intended to protect.

This is a historical miscue. At the time the First Amendment was adopted, the press, mostly newspapers and pamphleteers, were fiercely and transparently partisan.

The notion of the media as neutral and objective transmitters of information is a modern-era pretense. And the American people have never bought it.

In 2013, Gallup asked how much trust and confidence do you have in the mass media such as newspapers, TV, and radio when it comes to reporting the news fully, accurately, and fairly a great deal, a fair amount, not very much, or none at all? Well before Trump twitter storms became an important element of public discourse, 55 percent of respondents answered not very much or none at all.

There have been reports that the Trump administration was mulling abandoning the daily White House briefing or even booting reporters out of the White House, and this has been decried as an attack on the First Amendment. This has been the most muddled thinking of all.

Nothing in the First Amendment guarantees self-selected media office space in the White House or an administration spokesman to play gotcha with on a daily basis. Getting rid of both might reduce the herd mentality and emphasis on gotcha journalism and produce more diverse and substantive reporting.

Trump is frequently reckless and irresponsible in his attacks on the media. But so long as we are free to write and say that, the First Amendment is not under siege.

Reach Robb at robert.robb@arizonarepublic.com.

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Robb: No, your First Amendment rights aren't being attacked - AZCentral.com

Does the First Amendment Protect Alt-Right Parades in Portland? – NBCNews.com

Portland Mayor Ted Wheeler speaks during a press conference on January 17, 2017 in Portland. Don Ryan / AP

"It may be tempting to shut down speech we disagree with, but once we allow the government to decide what we can say, see, or hear, or who we can gather with, history shows us that the most marginalized will be disproportionately censored and punished for unpopular speech," said the organization in a statement immediately following Wheeler's call to block the parades.

"The mayor is not just anyone on the street, he's a government official who has to uphold the Constitution," said Mathew dos Santos, legal director for the American Civil Liberties Union of Oregon. "And he's not doing that," he said.

"Portland has a proud history of protest. I am a firm supporter of the First Amendment, no matter the views expressed. I believe we had a case to make about the threats to public safety posed by this rally at this place and at this time. My job is to protect the safety of everyone... protesters, counter-protesters, and bystanders alike," said Wheeler in a

Alt-right groups have scheduled a "Trump Free Speech Rally," on June 4. A "March against Sharia" event was scheduled for June 10 but organizers decided to cancel the rally in Portland and move it to Seattle instead.

Organizers felt the city was no longer safe for them.

"Due to Mayor Wheeler's inflammatory comments and what we feel is an incitement of violence, he has shamefully endangered every scheduled participant. Consequently, in order to ensure the safety of those who had planned on attending, we have taken the decision to cancel the Portland March Against Sharia," wrote the organization planning the march in a

June 4th parade organizer Joey Gibson said the mayor "needs to sit down and take a minute and listen," and feels that he is trying to "pin" Jeremy Christian on his movement.

Christian, who was arraigned on

The City of Portland has already

Wheeler also urged the federal government to follow in his footsteps and revoke federal permits issued to the group.

But the U.S. General Services Administration, charged with issuing permits, announced on Wednesday that it would allow the parades.

"All rules and regulations were followed by the applicant for the permit, including the timeframe for review. Since the permit was lawfully obtained to assemble at this federal location, GSA has no basis to revoke the permit," the agency said in a statement.

Revoking permits amounts to government suppression of speech, which has always been illegal, dos Santos said. You cannot withhold permits based on people's viewpoints, he said.

The case is a mirror image of another First Amendment battle out near Chicago 40 years ago.

In 1977, a neo-Nazi organization chose to stage their parade in the suburban Chicago town of Skokie, which at the time was home to thousands of Holocaust survivors.

Parade goers were slated to wear Nazi uniforms and emulate salutes and anti-Jewish chants from Nazi Germany.

Outraged community members tried to put a stop to the parade by using the same arguments set forth by Wheeler. The group said the parade promotes hate speech that would inflict emotional distress upon survivors of the Holocaust.

A girl leaves a message at a makeshift memorial for two men on May 29, 2017 in Portland. The men were killed on a commuter train while trying to stop another man from harassing two young women who appeared to be Muslim. Terray Sylvester / Reuters

Ultimately the Nazi group, represented by the ACLU, won at the Supreme Court level and was legally allowed to march under the first amendment. The group ended up holding a rally downtown instead.

"Part of the problem with hate speech is that it's in the eye of the beholder," said Geoffrey Stone, a professor at the University of Chicago Law School. "There is no neutral way to decide what hate speech is and courts will not even attempt it," he said.

The alt-right group has not made any indication that they are planning to incite imminent danger or violence during the parade, which may be questionable under the law, he said. "The idea that you can ban speech because it's offensive or may cause anxiety is not consistent with the first amendment."

Thus far, the alt-right group has not brought suit against the city for revoking their permits, but if the situation does arise, it's an open and shut case, Stone said.

"It's inconceivable to me that a court would uphold the mayor's argument," he said. "This is long standing, well-settled law, and the mayor has it completely wrong," he said.

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Does the First Amendment Protect Alt-Right Parades in Portland? - NBCNews.com

Best Tor Browsers, Tools and Apps – Tom’s Guide

Tor (originally short for The Onion Router) began life as a U.S. Navy project for anonymous online activity, but is now used by a wide range of people, including the military, journalists, bloggers, activists (and, yes, sometimes criminals). Tor makes communications harder to trace through traffic analysis by routing Internet activity through a series of network nodes, each ignorant of the whole route from beginning to end. The trade-off for increased security is slower speed. If you're interested in what Tor has to offer, try out these six tools and apps.

The Tor Browser Bundle contains everything you need to set up Tor and surf the web through the anonymous router network. The bundle includes a hardened variant of Firefox, as well as Vidalia, a GUI control system for your Tor connection and settings. It's not perfect, as Tor itself points out on its website, but combined with smart browsing habits, it can reduce your exposure online. Additionally, the Vidalia software included in the bundle offers fine control over Tor's settings.

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TAILS, or The Amnesiac Incognito Live System, is an operating system designed as a live disk and built with Tor in mind. TAILS has Tor built in, and blocks applications from connecting to the Internet except through Tor, assuring that your net activity is anonymized. In addition to securing your browsing, instant messaging, and email, TAILS is designed to leave no trace on your machine, using only RAM so as not to leave physical traces on the hard drive. Additional cryptographic tools provide extra protection. It's not perfect, but TAILS does reduce risks.

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Orbot is a free proxy app for connecting your Android device to Tor. It allows your Android apps to access the web anonymously. Apps that allow for proxy settings (such as Twitter) can be configured to use Tor through Orbot via the settings found here: https://goo.gl/2OA1y. Orbot can be combined with Orweb in order to browse the Internet anonymously, or Gibberbot for private chatting. Additionally, rooted Android users can get even more out of Orbot with settings for routing just about all of your Internet traffic through Tor.

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OrWeb is The Guardian Project's mobile web browser designed to be used in conjuction with OrBot in order to provide anonymized browsing through the Tor network. OrWeb doesn't collect your browsing history, allows for flexible cookie control, lets you mask your hardware, and more. JavaScript and Flash blocking are among the protective features. The combination of Tor and feature controls does mean that you will have slower surfing, and broken functionality in some sites.

MORE: 25 Things You Didn't Know Could Be Hacked

Gibberbot is The Guardian Project's encrypted chatting app for Android users. Gibberbot supports a broad range of chat networks, including Google, Facebook, Yandex, Jabber. You'll enjoy Off The Record encryption support when you're chatting with another OTR-enabled user. Gibberbot integrates with OrBot for even further protection by routing through TOR.

MORE: 15 Android Security Tips You Need to Know

Onion Browser is an iOS mobile browser configured to let users easily connect to Tor's anonymizing system, allowing you to browse with Tor online. As with the Tor Browser Bundle for desktop, the Onion Browser trades speed for security, as mentioned in the iTunes description. User-agent spoofing lets you mask the hardware you're using, and cookie controls and rapid IP address are among the other features.

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John Corpuz flip-flopped between computer science and creative writing courses in school. As a contributor to Tom's Guide he's found a happy middle ground writing about apps, mobile gaming and other geekery.

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Best Tor Browsers, Tools and Apps - Tom's Guide

What is Tor, How It Works And Where to Download the Tor Browser? Everything You Need To Know – MobiPicker

If youre worried about network spying, traffic analysis, or any other technique that quashes your hopes of secure browsing, have a go at the Tor network. Tor, or as we call it, The Onion Router is probably the most popular and safest available option for anonymous connectivity. It lets you browse the web secretly and veils your actual identity from watch dogs!

Based on the principle of onion routing, the alpha version of Tor, named The Onion Routing Project was developed by Roger Dingledine and Nick Mathewson in 2002. Since then, the network has come a long way and is now being maintained and developed under a non-profit organisation named the Tor Project. The organisation runs with the backing of US government, the Swedish government, and a plethora of NGOs and individual sponsors. It has clearly been around for quite a while, but in case you dont how this thing works and how can you use it, heres everything that you need:

As weve mentioned, Tor works on the principle of onion routing. Under this, your data is first encrypted and then transferred through different relays present in the network, creating a multi-layered encryption to keep your data secure and identity anonymous. Each encryption layer is decrypted at each successive Tor relay, and the rest of the data is forwarded to any random relay until it reaches the destination server. And this is where it all gets trickier. The last relay or the exit node appears as the origin of the data, which makes extremely difficult for third parties to track down the identity of the user or the server by any means.

It is also worthy to note that Tor not only provides anonymity to standalone users, but it also secures websites and servers from third parties in the form of hidden services. Additionally, you can even configure P2P applications like BitTorrent to use the network for downloading torrent files without any worries about anti-piracy watchdogs.

In order to use Tor, youll have to download the Tor browser, which is nothing but a modified version of an extended support release of Mozilla Firefox. The browser is portable and can work on any device via external media. It removes your browsing history and cookies after every use and leaves nothing behind to trace your identity.

Tor browser works seamlessly and is available for all major platforms such as Windows, MacOS, Linux, and Android.

Once youre done with the download, you can move ahead with the installation process:

The setup will create a folder named Tor Browser on the destination folder, which will carry a shortcut file to the use the browser. If youre using Linux, youll have to extract the downloaded file either using the command line or a file extractor application.

Android:

If youre on Android, you can secure your browsing identity by using any of these two apps on the Play Store:

Orbot a Proxy with Tor for Android devices.

Orfox a mobile version of Tor Browser for Android devices.

iOS:

An officialTor browser app for iOSis available on the App Store.

Though Tor has been handy in protecting users from a society of stalkers, it has also become a potential threat to national security. Just like every single user who wanted to bypass censorship and share confidential information, the anonymous network has also benefitted criminal minds, triggering illegal activities across the country. Rumour has it the anonymous network connects criminals over the internet and acts as a medium for data breaching, drug dealing, gambling, etc. Even the security agencies struggle in tracking their exact whereabouts.

To recall, the infamous NSA whistleblower Edward Snowden had also used Tor to leak information about PRISM to the media. The leak drew huge criticism against NSA, which called Tor the King of high secure, low latency Internet anonymity. Even the BusinessWeek magazine termed the network as, the most effective means of defeating the online surveillance efforts of intelligence agencies around the world.

As the Tor Project has been funded by the U.S, some may think that the NSA may have compromised Tors anonymity, taking away the identities of individual users. However, Andrew Lewman, the executive director of the organisation, has denied all claims of confederations with NSA or any other security agency.

In our opinion, Tor makes an excellent compadre, especially when you want to browse securely and veil your online identity. The developers of the network never wished to shape it as a safe haven for illegal activities, but just like all good things, evil-minded people have leveraged it for their benefits.

So, if youre one of the good ones and just want to conceal your online identity, Tor is definitely a thing for you. You can easily use it to bypass censorship and online surveillance, but be warned, going above the law isnt advised at all. Nothing is completely secure today, and the authorities can still track you if, by any chance, you plan on going off the rails.

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What is Tor, How It Works And Where to Download the Tor Browser? Everything You Need To Know - MobiPicker

The new cryptocurrency gold rush: digital tokens that raise millions in minutes – Quartz


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The new cryptocurrency gold rush: digital tokens that raise millions in minutes
Quartz
The cryptocurrency world has gone mad for token offerings. These launches, popularly known as ICOs or initial coin offerings, have already raised more than $150 million this year, according to research firm Smith + Crown. They are seen as a disruptive ...

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The new cryptocurrency gold rush: digital tokens that raise millions in minutes - Quartz

How to get a start in the cryptocurrency game | New York Post – New York Post


New York Post
How to get a start in the cryptocurrency game | New York Post
New York Post
As bitcoin reaches for $2500 again, I thought this would be a good time to let readers know exactly how digital currencies work and how to get more information.
Cryptocurrency: An idea whose time has comeThe Hindu
Small-Ticket Investments from Individuals Flood Asian Cryptocurrency MarketnewsBTC
Cheap cryptocurrencies you can buy - Blasting News USBlasting News
International Business Times -The Sun Daily -CryptoCoinsNews
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How to get a start in the cryptocurrency game | New York Post - New York Post

The Benefits And Best Practices Of Branding Your Own Cryptocurrency – Forbes


Forbes
The Benefits And Best Practices Of Branding Your Own Cryptocurrency
Forbes
In 2015, "Minecraft," one of the most popular online games now owned by Microsoft, announced that PlayMC, one of their servers, would be introducing their own cryptocurrency in order to teach children about the digital currency. It's a pretty smart ...

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The Benefits And Best Practices Of Branding Your Own Cryptocurrency - Forbes

Russia to Soon Get Its Own National Cryptocurrency – newsBTC

Cryptocurrencies and blockchain technology has received significant attention at the ongoing Saint Petersburg International Economic Forum. The Russian Central Bank made an important announcement regarding its plans to introduce a national cryptocurrency during the event. The introduction of a national cryptocurrency comes at a time when Russia is mulling over the possibility of legalizing Bitcoin and other altcoins in the country. The plans to develop a national cryptocurrency was announced by Russian Central Banks Deputy Chairman, Olga Skorobogatova.

Skorobogatova was quoted by one of the leading Russian media outlets saying,

Regulators of all countries agree that its time to develop national cryptocurrencies, this is the future. Every country will decide on specific time frames. After our pilot projects, we will understand what system we could use in our case for our national currency.

The Russian Finance Ministry recently announced its intentions to introduce Bitcoin regulations, offering a legal status to cryptocurrencies. The move is completely opposite to the ministrys earlier stance which involved criminalizing the use and trade of Bitcoin and other cryptocurrencies.

Russias decision to legalize Bitcoin closely follows Japans latest move to recognize the cryptocurrency as a legally valid mode of payment. The Russian Central Banks decision to introduce a national cryptocurrency is similar to the proposals put forward by respective regulatory bodies in England, United States and others.

Governments can save a lot of taxpayers money and resources by adopting cryptocurrency as a legal tender. The use of cryptocurrency will eliminate the costs otherwise involved in printing, transporting and managing physical banknotes. At the same time, cryptocurrency adoption will further promote the adoption of cashless payment methods.

With the banking sector increasingly adopting blockchain technology, the transition between conventional monetary system involving physical currency to blockchain based electronic currency will be smooth. It is just a matter of time before other countries also start adopting a similar stance.

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Russia to Soon Get Its Own National Cryptocurrency - newsBTC

Central Bank of Russia wants a national cryptocurrency – Neowin

Russia wants to build its own cryptocurrency that it believes will be better than bitcoin, this is according to the Central Banks Deputy Governor, Olga Skorobogatova. The announcement comes not long after the Central Bank said that it would be pushing for legislation which would introduce a tax on bitcoins and other digital currencies.

Speaking at the St. Petersburg International Economic Forum (SPIEF) 2017, Skorobogatova said:

Regulators of all countries have come to the conclusion that it is necessary to do a national virtual currency. This is the future. Each country will decide the issue of a specific time and maturity independently.

Cryptocurrency enthusiasts shouldn't get too excited just yet about the new virtual currency because while testing has already taken place on the Masterchain and Hyperledger platforms, more details arent expected to be revealed for another two to three years.

Russia has been an interesting place for cryptocurrencies, a few years ago it was suggesting harsh penalties for those issuing currencies such as bitcoin but has since become more liberal on the issue. Now, to see it coming out and saying it wants to have a national cryptocurrency, it makes it one of the first countries to say so, with the State of Palestine also announced similar intentions not long ago.

Source: RT | Image via Wallpoper

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Central Bank of Russia wants a national cryptocurrency - Neowin

How to Buy Your First Cryptocurrency Coins (Ethereum, Bitcoin, Litecoin, and Ripple) – Inc.com

Cryptocurrency (digital currency) is taking off this year. New millionaires are being made almost daily as Ethereum, Bitcoin, Litecoin, Ripple, Stratis, and other cryptocurrencies reach all-time highs. It is becoming somewhat of a modern-day gold rush.

As I write this, Bitcoin's "market cap" is $37 billion, with a value of $2,281 per Bitcoin. For a coin that was once worth only pennies, Bitcoin investors have made serious money in the past few years.

Bitcoin might be the oldest, but it's not the only cryptocurrency on the block. In fact, the majority of people getting into cryptocurrency are flocking to Ethereum. Ethereum has had the most impressive gains this year after recently being the first cryptocurrency to be backed by major corporations such as Microsoft, Samsung, JPMorgan Chase, and others in what's being called the Enterprise Ethereum Alliance. Ethereum does for code and programming what Bitcoin did for financial transactions. For simplicity's sake, think of Ethereum like a more advanced and sophisticated Bitcoin backed and utilized by major corporations because of its technological advances and clear pathway to building a decentralized internet.

One Ether (Ethereum's crypto token) was worth as little as $12 earlier this year, but the cryptocurrency is now worth $228 per coin with a total market cap of $21 billion. Ethereum is slowly but surely making gains on Bitcoin's market cap. Many spectators believe that "the flippening" will happen sometime this year, in which Ethereum becomes the most valuable (market cap) cryptocurrency in the world, overtaking Bitcoin in total value (total number of coins times price per coin).

Ethereum isn't the only new coin on the block, but it is definitely the most promising. Others to watch that I will explain and write about in future articles include Ripple, Litecoin, Statis, and Siacoin. All these coins have something unique and technologically innovative about them.

Buying cryptocurrency is confusing for a lot of people. It's not a stock or a typical "investment." It's not like anything most people have ever seen or experienced. You don't get shares; instead you get digital coins or tokens. The coins are "better" than a paper dollar bill because they actually support a greater cause, as in Ethereum's case, to build a decentralized internet and host code and apps on a decentralized platform. And coins help "fuel" that cause, so to speak, without getting technical.

For most people in the U.S., Coinbase would be the easiest option to buy Ethereum, Bitcoin, or Litecoin (it doesn't support any others yet). After verifying your account, you can add a number of payment methods including credit or debit cards, U.S. bank accounts, or even wire transfers of funds. Other options for exchanges that will take U.S. dollars for coins are Kraken, and Gemini in the U.S. Typically you will need to verify your account with a driver's license and add other details to expand your buy limits. Since cryptocurrencies are "hard currencies," the exchanges don't want to risk getting ripped off, since you can't reverse a cryptocurrency transaction once it's done.

If you are looking for some of the newer coins that are making big movement but haven't made their way to the aforementioned exchange sites, you can look into Poloniex or Livecoin. You can transfer Bitcoin or Ethereum to these platforms from Coinbase and then exchange it for any other digital currency that you want.

If you are outside the U.S., here are a few options for exchanges that take your local currency: BTC Markets (Australia), Bitthumb or Coinone (Korea), CHBTC or Huobi (China), and QuadrigaCX (Canada.) You can find a full list on this page of where to buy Ethereum for your local currency.

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How to Buy Your First Cryptocurrency Coins (Ethereum, Bitcoin, Litecoin, and Ripple) - Inc.com

All that glitters is bitcoin now – Economic Times

MUMBAI: The quest for multi-baggers often leads investors to seemingly obscure stocks that would be the blockbusters of the future. In the past two years, however, money managers may have done better if they had chosen the least likely growth asset the currency.

The once non-descript bitcoin, a crypto currency, has returned more than 10 times since 2015, with the price of the digital instrument hitting a record Rs 225,000 a unit in the domestic spot market last week. Trading in bitcoins is gaining traction, especially among those aged 18-35 years and seeking to harness volatility for extra-ordinary returns.

The increasing awareness of bitcoins worldwide, particularly about its revolutionary technology, has triggered a rally in the bitcoin market, said Sandeep Goenka, cofounder and chief operating officer at Zebpay, an app-based bitcoin exchange. Japan has now added itself to the list of countries that have regulations for bitcoins. Due to these positive factors, bitcoin prices have been showing tremendous strength.

With an expert committee in India now seeking to regulate domestic trading of bitcoins, prices are expected to leapfrog in the next one year. Since April, Japan's legalization of the digital currency has contributed to the rally in bitcoins. After Tokyos move, many vendors have started accepting the virtual currency: Peach Aviation, for instance, is going be the first Japanese airline to accept bitcoins as payment for plane tickets.

Sahil Shah, a final-year BBA student of Nirma University, Ahmedabad, has sold four bitcoins at roughly Rs 2.20 lakh apiece versus Rs 70,000, the average price at which he acquired those.

"This rally was almost a bubble, but it gave a solid profit-booking opportunity for investors who bought bitcoins two - three years ago. I will buy back once prices correct a bit more," said Shah.

It is not necessary to buy one bitcoin. One can even buy a fraction of that. At Zabpay, one can invest with a minimum of Rs 1,000. It is now registering trading volumes of Rs 50 crore per day, which was way below at about Rs 15-20 crore even a year ago.

According to Goenka, Zabpay now holds about 70 per cent market share. Coinsecure and Coinmama are some of the other platforms used to trade in the currency.

Like any other investment, bitcoins are not risk-free. Sharp price swings are routine. After touching the record high of Rs 225,000 a unit, the price plunged to about 160,000 a unit within an hour or two.

"I've held on to my bitcoin portfolio as I am a long-term investor. I expect bitcoin prices to strengthen over a longer time-frame. If more countries legalise crypto currencies, bitcoin prices may appreciate much more than the current (price) levels," said Madhur Todi, who owns seven bitcoins now.

"Betting on bitcoins can be very risky: It's a very volatile asset class. At most, investors can take 1 - 2 per cent of their overall portfolio exposure to bitcoins," said Todi, who runs Mera Money Advisors, an Ahmedabad-based wealth advisory firm.

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All that glitters is bitcoin now - Economic Times

Digital Coins Are Making Bitcoin’s Rip-Roaring Rally Appear Tame – Bloomberg

Forget U.S. stocks and emerging-market assets, even ignore bitcoin. Those brave enough to invest in the Wild West of tech are the ones making a killing.

While the record-breaking rally in bitcoin has captivated markets, demand for other digital coins is surging as companies raise millions in minutes, or even seconds, from investors wanting in on the next big tech startup. Last week it took 30 seconds for Mozilla co-founder Brendan Eich to issue about $35 million of basic attention token, the unit of exchange in a blockchain-based advertising platform built on top of the companys Brave browser.

QuickTake Bitcoin and the Blockchain

Digital tokens tied to the blockchain platform issued this year have more than doubled in price on average since trading started, according to data compiled by Bloomberg. Tech startups are increasingly selling coins that can be used on their projects instead of resorting to traditional financing methods such as venture capital.

The sector isnt for the fainthearted. The apps and websites behind most of these tokens are still only in development stage. Most are sold for pennies on the dollar and volatility can be extreme. TaaS, a closed-end fund dedicated to blockchain markets, had the coins it sold this year double in price in five weeks, and then fall 35 percent in two days.

But if you can stomach the risk, the rewards have been substantial. Coins from the 15 ICOs this year for which data is available have risen by an average of over 100 percent, while shares sold in initial public offerings in the U.S. this year have gained 13 percent on average since they started trading.

Theres been overwhelming demand for coins,said Ron Quaranta, chairman of the Wall Street Blockchain Alliance. Sure, a lot of it is based on speculation and traders looking to make a quick gain, but theres also a fundamental driver, which is the anticipation that the digital-currency market is maturing.

Read more on how digital coins are letting startups bypass venture capital

Forty-four coins have been issued this year, according toblockchain research website Smith & Crown. Not all trade immediately after the auctions since some have vesting periods. The tokens with the biggest gain, a 500 percent jump since it started trading on March 30, was issued byEdgeless, which is building a decentralized gambling platform. That sale wasnt open to U.S.-based investors since the company isnt licensed to operate in the U.S.

Prediction market platform Gnosis sold the highest valued tokens this year. The GNO token started trading at $52 on May 1 and has more than quadrupled.

Even with growing acceptance of blockchain from companies ranging from Toyota Motor Corp. to JPMorgan Chase & Co., some advocates of the technology say theyre cautious of the digital tokens because of the exuberance sweeping through the cryptocurrency world.

It seems like a fad, and as a professional investor, its not what we do, said David Dunn, president of Kingsbridge Wealth Management, who first bought bitcoin in 2014 and has invested in blockchain-related companies. Id rather invest in the companies using the technology themselves. The speculators might end up being right, and this becomes a solid investment because of the power of the technology, but were not at that stage.

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Token sales like the one for Gnosis, which catapulted the companys market capitalization to over $300 million without it even having a product, or Eichs BAT coin, which was over in seconds, have raised some eyebrows. Still, the token market will probably continue to grow at least in the near future, said Nick Tomaino, principal at San Francisco-based venture-capital firm Runa Capital, who also runs The Control blog, which tracks digital currencies.

More than $100 million of coins has been raised this year, surpassing total sales last year, while total issuance is expected to jump to about $600 million, according to Tomaino.

Theres a lot of hype, and a lot of money being raised because its so easy for anyone to create these coins without having to deal with any third parties, and its so easy for people to buy them, Tomaino said. It cant be stopped.

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Digital Coins Are Making Bitcoin's Rip-Roaring Rally Appear Tame - Bloomberg

You can’t hold a bitcoin, but the web currency’s value has skyrocketed. Why? – McClatchy Washington Bureau


McClatchy Washington Bureau
You can't hold a bitcoin, but the web currency's value has skyrocketed. Why?
McClatchy Washington Bureau
Unlike gold or dollar bills, the digital currency known as bitcoin does not physically exist. There is no there there. Even so, there is excitement and speculation. And a wild rollercoaster ride. The price of bitcoin has more than tripled in the past ...
Bitcoin now worth more than goldDaily Trust
Be Wary Of This Skyrocketing Bitcoin FundETF.com (blog)

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You can't hold a bitcoin, but the web currency's value has skyrocketed. Why? - McClatchy Washington Bureau

Bitcoin Mania Infects Japanese Stock Market’s Smaller Listings – Bloomberg

by

June 5, 2017, 2:36 AM EDT

The speculative frenzy in bitcoin is spilling over into the Tokyo Stock Exchange. Remixpoint Co., Infoteria Corp. andFisco Ltd., have all seen volatile swings in their share prices after announcing businesses related to digital currencies.

Remixpoint has more than doubled since tying up with Peach Aviation Ltd. to let customers pay for tickets with bitcoin. Infoteria, up 58 percent in the past month, is testing ways to let shareholders vote by proxy using blockchain, bitcoins underlying technology.Fisco, a financial information services provider, began operating a bitcoin exchange last year and is up 26 percent since early May.

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All of these gains coincide with bitcoins rally, with the value of the virtual currency doubling against the U.S. dollar since early May. That has made the stocks of the these small-cap companies an attractive way for speculators to invest in cryptocurrency markets without buying them directly. Thats because investors can make bets via their brokerage accounts instead of taking risks with bitcoin exchanges, according to Naoki Murakami, a well-known day trader in Japan.

From about a month ago when all these virtual currencies started spiking like crazy, we began seeing the so-called stocks of the virtual currency bubble, said Murakami, a frequent speaker at investor conferences. Not everyone is sure they can trust bitcoin exchanges. And some dont have accounts there. Thats why theyre using the stock market to speculate.

Its probably not a coincidence that Japans stock market is being seen as a proxy for bitcoin investments. In April, Prime Minister Shinzo Abes government legalized digital currencies as a form of payment and placed rules around audits and security. That lent credibility to digital currencies, leading to some Japanese companiesseeking partnerships with bitcoin startups.

Remixpoint is the biggest of the bunch, with a market value of 31.3 billion yen ($283 million). Remixpoint was the second-biggest gainer in the TSE Mothers Index over the past month, helping the gauge soar to the highest level in a year. Remixpoint is trading at 514 times earnings, the highest among all Japanese technology companies worth more than 30 billion yen.

Another reason why these stocks can become proxies for bitcoin is due to Japans relatively loose listing laws, some of which require no income and a market value of as little as $10 million before a company can go public. Thats made the Tokyo Stock Exchange home to hundreds of small companies.

Its pure frenzy, Murakami said.

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Bitcoin Mania Infects Japanese Stock Market's Smaller Listings - Bloomberg

Fretting over savings, Mrs Watanabe turns to bitcoin – Reuters

TOKYO/SEOUL Long the preserve of geeky enthusiasts, bitcoin is going mainstream in Asia, attracting Mrs Watanabe - the metaphorical Japanese housewife investor - South Korean retirees and thousands of others trying to escape rock-bottom savings rates by investing in the cryptocurrency.

Asia's moms and pops, already regular investors in stock and futures markets, have been dazzled by bitcoin's 100 percent surge so far this year. In comparison, the broader Asian stocks benchmark has gained 17 percent over the same period.

Even after a tumble from last week's record $2,779.08 high, bitcoin rose more than 60 percent in May alone - driven higher in part by investors in Japan and South Korea stepping in as China cooled after a central bank crackdown earlier this year.

(For a graphic on bitcoin economy click tmsnrt.rs/2skLZ3c)

Over the last two weeks, and encouraged by Japan's recognition of bitcoin as legal tender in April, exchanges say interest has jumped from the two countries. Bitcoin trades at a premium in both, due to tough money-laundering rules that make it hard for people to move bitcoin in and out.

"After I first heard about the bitcoin scheme, I was so excited I couldn't sleep. It's like buying a dream," said Mutsuko Higo, a 55-year-old Japanese social insurance and labor consultant who bought around 200,000 yen ($1800) worth of bitcoin in March to supplement her retirement savings.

"Everyone says we can't rely on Japanese pensions anymore," she said. "This worries me, so I started bitcoins."

Asia has proved fertile ground for bitcoin due to the region's thriving retail investment culture, where swapping investment tips is already common. China, Japan and South Korea are home to several of the world's busiest cryptocurrency exchanges, according to a ranking by CoinMarketCap.

"Right now, it's a form of speculation, like stocks," said Park Hyo-jin, a 27-year-old South Korean who owns around 3 million won ($2,700) of bitcoin. "I don't think anybody in South Korea buys bitcoin to use it."

The risks, though, are rising too.

Bitcoin is largely unregulated across Asia, while rules governing bitcoin exchanges can be patchy.

In Hong Kong, bitcoin exchanges operate under money service operator licenses - like money changers - while in South Korea they are regulated similar to online shopping malls, trading physical goods. Often there are no rules on investor protection.

BITCOIN WHEN YOU DIE

Park and Higo were drawn into bitcoin by friends. Others are attracted through seminars, social media groups and blogs penned by amateur investors.

Noboru Hanaki, a 27-year-old Japanese web marketer and bitcoin investor, said his personal finance blog gets around 30,000 page views each month. The most popular post is an explanation of bitcoin, he said, noting that when the bitcoin price surged last month, readership of the article doubled.

Rachel Poole, a Hong Kong-based kindergarten teacher, said she read about bitcoin in the press, and bought five bitcoins in March for around HK$40,000 ($5,100) after studying blogs on the topic. She kept four as an investment and has made HK$12,000 tax-free trading the fifth after classes.

"I wish I'd done it earlier," she said.

Not everyone's making money.

The bitcoin frenzy has spawned scams, with police in South Korea last month uncovering a $55 million cryptocurrency pyramid scheme that sucked in thousands of homemakers, workers and self-employed businessmen seduced by slick marketing and promises of wealth.

Seminars in Tokyo, Seoul and Hong Kong promote similar multi-level marketing schemes that require investors to pay an upfront membership fee of as much as $9,000. Members are encouraged to promote the cryptocurrency and bring in new members in return for some bitcoins and other benefits.

One such Tokyo scheme offered members-only shopping websites that accept bitcoin, 24-hour assistance for car and computer problems, and bitcoin-based gifts when a member gets married, has a baby - or even dies, according to marketing materials seen by Reuters.

Leonhard Weese, president of the Bitcoin Association of Hong Kong and a bitcoin investor, warned amateur investors against speculating in the digital currency.

"Trading carries huge risk: there is no investor protection and plenty of market manipulation and insider trading. Some of the exchanges cannot be trusted in my opinion."

Some larger exchanges have voluntarily adopted security measures and compensation guarantees, according to their websites, although there are dozens of smaller platforms operating more or less unchecked.

In South Korea, the Financial Services Commission (FSC) has set up a task force to explore regulating cryptocurrencies, but it has not set a timeline for publishing its conclusions, an official there said.

In Japan - where memories are still fresh of the spectacular 2014 collapse of Mt. Gox, the world's biggest bitcoin exchange at the time - the Financial Services Agency (FSA) said it supervises bitcoin exchanges, but not traders or investors.

"The government is not guaranteeing the value of cryptocurrencies. We are asking for bitcoin exchanges to fully explain the risk of sharp price moves," an FSA official said.

Some professional investors say bitcoin can be a useful hedge to help diversify a portfolio, but investors should be cautious.

"This is an extremely volatile and innovative asset class," said Pietro Ventani, managing director of APP Advisers, an asset allocation strategy firm.

(Reporting by Minami Funakoshi in Tokyo and Joyce Lee in Seoul, with additional reporting by Michelle Price in Hong Kong and Yoshiyuki Osada, Takahiko Wada and Hideyuki Sano in Tokyo; Writing by Michelle Price; Editing by Clara Ferreira-Marques and Ian Geoghegan)

TOKYO Japan's Mizuho Financial Group will start a venture next month to create new businesses using "fintech," an executive said, joining a global race in financial technology that threatens to unsettle traditional players.

NEW YORK Kik Interactive, which created the chat platform Kik, said on Thursday it was launching a crypto-currency or token called Kin that would enable customers to use a whole range of digital services.

NEW YORK Financial and technology companies led by Bank of America Corp, SBI Holdings Inc, HSBC Holdings Plc, Intel Corp and Temasek Holdings have invested $107 million in R3 CEV, a startup which runs a big bank consortium seeking to develop blockchain technology, it said on Tuesday.

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Fretting over savings, Mrs Watanabe turns to bitcoin - Reuters