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Kim Dotcom Will Revive Megaupload, Linking File Transfers To Bitcoin Microtransactions (fortune.com)
Long-time Slashdot reader SonicSpike quotes an article from Fortune: The controversial entrepreneur Kim Dotcom said last month that he was preparing to relaunch Megaupload, the file-sharing site that U.S. and New Zealand authorities dramatically shut down in 2012, with bitcoins being involved in some way... This system will be called Bitcache, and Dotcom claimed its launch would send the bitcoin price soaring way above its current $575 value.
The launch of Megaupload 2.0 will take place on January 20, 2017, he said, urging people to "buy bitcoin while cheap, like right now, trust me..." Crucially, Dotcom said the Bitcache system would overcome bitcoin's scaling problems. "It eliminates all blockchain limitations," he claimed.
Every file transfer taking place over Megaupload "will be linked to a tiny Bitcoin micro transaction," Dotcom posted on Twitter. His extradition trial begins Monday, and he's asking the court to allow live-streaming of the trial "because of global interest in my case." Meanwhile, the FBI apparently let the registration lapse on the Megaupload domain, which they seized in 2012, and Ars Technica reports that the site is now full of porn ads.
The launch of Megaupload 2.0 will take place on January 20, 2017, he said, urging people to "buy bitcoin while cheap, like right now, trust me..." Crucially, Dotcom said the Bitcache system would overcome bitcoin's scaling problems. "It eliminates all blockchain limitations," he claimed.
Every file transfer taking place over Megaupload "will be linked to a tiny Bitcoin micro transaction," Dotcom posted on Twitter. His extradition trial begins Monday, and he's asking the court to allow live-streaming of the trial "because of global interest in my case." Meanwhile, the FBI apparently let the registration lapse on the Megaupload domain, which they seized in 2012, and Ars Technica reports that the site is now full of porn ads.
Is anyone actually listening to anything this fat fuck says anymore?
Chas - The one, the only.
THANK GOD!!!
Even though the man himself, by all accounts, is a loud-mouthed, megalomaniac, international jerk ... I do believe his fight against U.S laws and its publicity is doing the world a service. ... Go Kim, I'm for you.
So
So the FBI seized some... let's call it "property" and then just allowed it to decay? Even if their were a real trial and a conviction and the site were seized legitimately, wouldn't they then auction it off like any other police auction?
Could I imagine Thatcher instead? Yes, as a corpse.
As a corpse, Thatcher is actually not that bad a mental image. I mean, sure, she's till hideous, but at least she's dead.
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
say wut u want if u pir8 kim is the best
Did anyone, ever? Like Musk, he's just another flashy bozo with a quirky name.
Is anyone actually listening to anything this fat fuck says anymore?
"This fat fuck, he played two, he played knick knack with a _____"
the file-sharing site that U.S. and New Zealand authorities dramatically shut down in 2012,
the file-sharing site that U.S. and U.S. New Zealand authorities dramatically shut down in 2012,
Minor fix for you there. Welcome New Zealanders, as the 51st state of America!
My personal tip for you, avoid the noodle salad at the buffet in Las Vegas.
Australia is stuffed with thousands of deadly creepy crawlers, but the noodle salad from the buffet in Las Vegas tops them all!
Schroedinger's Brexit: The UK is both in and out of the EU at the same time!
Amen.
Ars Technica reports that the site is now full of porn ads.
http://megaupload.com/.
See, proper journalism isn't that difficult.
So your problem with him is that he's fat? What about you? Let's see what you look like, and what you've accomplished in your life. I'll bet you're some balding gun-loving patriotic dumb-ass who just regurgitates everything your government pukes down your throat, like it's some universal truth. Am I getting close?
No, the only reason this guy pushes for publicity is because when the public forgets him, that extradition to America will happen real fast. Can't think many people would be bothered by that happening.
Anyone who stands up to the bad guys (the US government, FBI, NSA, etc.) gets my vote. ++++
GO Kim DOTCOM!!!!!!
but at least she's dead.
That's her best quality.
Ok-ish, maybe, but not great. Certainly not anything to make a scripting exception in my browser for... It could be great, but only if that Bitcoin pump and dump & spam-laden file host scheme is also going to run directly on top of Systemd, as a minor configuration tweak.
I am very bothered by that happening.
It reinforces the idea that no matter who you are or where you are from, even if you have never been in the USA, that:
1) The USA can just say "Give me that guy". And have his head handed over on a plate.
2) The nation of which you are national will not lift a finger to help you.
3) That a stupid copyright issue is the reason for all this. In this case.
4) That and more means there is no place on Earth safe from the corporate greed propagated by the USA.
Never mind that raiding a guys home with armed helicopters is crazy way over the top for any stupid copyright violation.
In short, pretty much all of copyright law should be scrapped and the world should tell the yanks to swivel on it.
I don't care about how Kim Dotcom is depicted by the media, fact is that his company respected DMCA takedown requests and there is probably more infringing content on Youtube than there ever was on Megaupload. But even if he was totally guilty of infringing New Zealand copyright law, this illegal prosecution by a foreign country without any jurisdiction is the biggest scandal in the history of the Internet. It's just unbelievable to me that a foreign power can seize the assets of a company in another country on the basis of illegal warrants and illegal wiretapping, refuse to return them, and treat someone as a 'fugitive' who has never put a foot in their soil. If the same trick had been pulled by Russia or North Korea, the whole world would be upset and nobody would even get the idea that an extradition request could be justified. The US should seriously consider to act act like an asshole less often and clean up their own justice and prison system instead, rather than bullying other countries and their businesses.
reports that the site is now full of porn ads.
Regardless of which side of the fence you're on, whether it's News for nerds - OR - Stuff that matters
There is still hope for this site. After all, they still know what matters.
TFA did mention bitcoin, too, in case you're interested in those things.
"he said, urging people to "buy bitcoin while cheap, like right now, trust me..."
Well it's a somewhat novel pump n' dump scheme, I'll give him that.
Can't dispute anything he's said, has to break down into insults. How a-typical. I remember playing with and against him in Quake, he was a jerk. But even at that, the shit that the US did was so far outside of what should have been allowed that anyone with a functioning brain should be on his side. Funny though, how he wants his extradition hearing televised and the US government is going nonononononono we can't let that happen. Sure does say a hell of a lot about the state of affairs doesn't it?
Om, nomnomnom...
1) The USA can just say "Give me that guy". And have his head handed over on a plate.
If he's handed over it will be after years of extradition proceedings, involving significant due process, which is the exact opposite of how you characterize it.
2) The nation of which you are national will not lift a finger to help you.
See above.
3) That a stupid copyright issue is the reason for all this. In this case.
He didn't burn a CD for his mom. He ran a huge organization with billions of visitors and tens of millions of dollars, with most of that coming from sharing copyrighted materials.
4) That and more means there is no place on Earth safe from the corporate greed propagated by the USA.
Yes, America invented greed. And copyright law.
Is anyone actually listening to anything this fat fuck says anymore?
Yes, as apparently it's still wise to listen to anything the FBI tells you.
I have discovered a truly marvelous proof of killer sig, which this margin is too narrow to contain.
"... at least she's dead"
She was cremated, just to make sure.
"Wait. Something's happening. It's opening up! My God, it's full of apricots!"
Not good enough. We won't be safe until her crypt is nuked. From orbit.
Yes, yes. I find it appalling that there is any such significant due process for a simple copyright violation.
Yes, yes, big business. So? Armed raids, assets ceased, the threat of extradition and decades in prison for moving a few bits around. Mostly trivial music and movies. That's insane.
For sure America did not invent greed. Empires have been doing it for eons. Ever hear of Rome?
For sure America did not invent copyright law. Or patents and so on. That was in place in Britain ages before there was a USA.
In fact, Americans, even before it was the USA, conveniently ignored the copyright and patent law they were subject to at the time.
I'm only suggesting that the world follow that example and ignore the imposition of IP laws by the USA.
Is anyone actually listening to anything this fat fuck says anymore?
Dude, WTF?
Are you so intellectually dishonest that you can't separate the person from the issue?
America did not invent copyright law, only the brain dead american variation they invented. ... oldest copyrights are assigned to Albrecht Dürrer by the Pope at that time. ... pottery usually ... or glasses.
Go google
During Roman tiimes there where law suits about copy catting designs
Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
Because ignoring fat fucks and their ramblings work so well.
/me wonders how we ended up with Trump.
Never mind that raiding a guys home with armed helicopters is crazy way over the top for any stupid copyright violation.
To add some context to this, in a country where citizens don't typically carry guns police were going to arrest a man they knew had access to restricted weapons, many licensed weapons of his own, who has in the past brandished guns in front of government officials, and as it turns out after the fact his body guard was charged under their strict gun laws for illegally modifying weapons.
Copyright is not the reason for the raid, perception of the target was. In a country where police don't routinely carry guns a different approach is justified and while the court ruled the warrant for the raid was illegal, the nature and type of the raid was seen as justified when the police documents were presented.
If he was violating any gun laws in New Zealand I'm sure they could have taken care of that locally if they wanted to.
But why did they want to arrest him in the first place? Not for those gun violations. Because copyright, because Disney, because MPAA, because the USA. There is no way you can wriggle out of that.
The sins of his body guard are not his. Especially after the event. Unless you can show some causal connection.
I don't get the logic, if the warrant for the raid was illegal, how is it possible that any "nature and type" of raid is justified? In that case I think it would have been justified if he had brought down those criminally invading helicopters with a ZPU.
Do not kid yourself. Copyright and protecting the interests of major copyright owners is exactly what this is all about.
If Kim was waving guns in front of government officials perhaps that is an example we should all follow. As the Founding Fathers of the USA would have it.
By the way, do you have a link to such gun brandishing incident? I cannot find one.
So, essentially the same as the currency of the American government and it's banks.
51st state? No way that New Zealand gets to cut in line.
“Common sense is not so common.” — Voltaire
You're right, I've not accomplished much in my life. For example, I've never eaten a dozen donuts in one sitting.
No. My main problem with him is NOT that he's fat.
Learn to fucking read before trying to become someone who's "professionally offended".
Chas - The one, the only.
THANK GOD!!!
1) This is one of the downsides of globalism. A bunch of governments prostituting themselves to one another with vague bullshittery about how beneficial it's going to be for everyone.
The only people it's beneficial for are political cronies and law enforcement entities.
Chas - The one, the only.
THANK GOD!!!
the one linked in your Slashdot profile, and judging by those childish pictures you've put up of yourself, you're a bit of a fat fuck yourself.
She was cremated at least 30 years too late.
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
So you are saying Bitcoin has an bright future because it serves as a very important role for a specific demographic of wealthy people?
Decentralized Torrent tracker where seeders and uploaders are rewarded with bitcoin and he takes a small cut. This will at least fill in the gaps of missing content that is hard to find on piratebay and lack seeders. Should be another great use case for bitcoin along with gambling/speculating, dark market drugs sales, prostitutes, ransomware, and regulatory arbitrage of giftcards/amzn points.
Even as he waves away the prospect of blockchain delays being a problem, he acknowledges that Bitcoin has blockchain problems. Why not a more-stable currency that doesn't have that problem?
seems to work fine to me.
www.freestateproject.org
END COPY"RIGHT" NOW! If you move to Keene, New Hampshire we can begin to work on this issue (and others). I'm a big fan of ending COPY"RIGHT" and there are a lot of people here already that are too. But we need more people to have a meaningful impact on issues like this (it's a federal issue, which means we need to leave the United States to achieve it, and even then it'll likely have trade consequences, but at least we'll be free).
There is a migration movement of liberty-minded people who want to do things like end all laws for which there is no victim. Copyright is a perfect example of this. Drivers licenses are a perfect example of this. Not having a drivers licenses isn't going to mame or kill someone. Life has risks and drivers licenses don't prevent deaths or injury. And whatever small safety (relative to the risk of life) is so insignificant not to be worth it. Particularly relative to the freedoms and damage that such laws have.
This is a precaution, but having such laws literally creates victims. Those who wish not partake in government BS and are victimized by government. When you are forced to pay taxes you become a victim. You have have harmed no one. We should not all be punished because of the behaviour of a minority. We should not be entitled to to government services including schooling. These things should be the responsibility of charity and those who wish to contribute to the well-meaning cause. It's not one for which I'd contribute, but there are many causes I do contribute substantially to. The reality is if we got rid of taxes the majority of families would be able to afford to send their own kids to school without government assistance.
20,000 people have agreed to move, more than 10% have, and now we need to shoot for another 20,000. Please join us. This isn't a short-term thing. It's a migration for freedom. Lean more about stuff going on in New Hampshire here: www.freekeene.com
Is it smart to start a pump and dump scam campaign the day your extradition trial starts?
Brandishing guns in front of government officials?!
WTF are you smoking? This is not america?!
I am from NZ and if he did that they would arrest his arse faster than anything.
And the bodyguard was let off without conviction because the charges were BULLSHIT to try and justify their rambo raid.
timberland pas cher Habituellement connue pour ses innovations en matière d’électronique, la firme américaine Nike a décidé ces derniers temps d’axer ses recherches sur la manière de construire les chaussures. Résultat : ses dernières nouveautés arborent des textures originales. C’est le cas de la Nike Free dotée de la technologie Flyknit. L’ensemble de la chaussure est faite d’un maillage proche du tricot. Celle-ci donne l’impression au coureur de porter des chaussettes et de faire ses exercices pieds nus. Elle fait figure de seconde peau. Ce modèle de la marque à la virgule n’est pas une chaussure de sport classique. En effet, voulant donner une totale liberté de mouvements aux pieds, il sollicite plus les muscles que les autres souliers.Pour la petite histoire, c’est en apprenant que les athlètes de Stanford s’entraînaient pieds nus sur les parcours de golf de l’université que trois employés de Nike décidèrent de développer une chaussure qui, à l’instar du pied nu, offrirait un confort naturel.
You are a bad person.
On my part -- as I read the summary line about the site currently being full of porn ads, I noticed the number of comments on this article had reached .... 69 .
How 'bout that, eh?
https://app.box.com/WitthoftResume Code: https://github.com/cellocgw