On Bitcoin, Hacking and the Philippines

I am seeing lots of social media activity from my online Pinoy friends about Bitcoin, Cryptocurrencies, and hacking and oh boy I’m really amazed that we’ve got lots of pinoy experts on BTC and crypto and hacking now  na ha! Hehehe!

Honestly I think this is good and bad! Good, that there is an increasing interest in this topic and therefore more meaningful conversations can follow. Bad, because I see a lot of FUD (fear, uncertainty, doubt) out there about bitcoin and crypto (re: Bitcoin is EVIL), and I believe that FUD = misinformation and will not be helpful for all if it is not properly put into its place.

Disclaimer: I do not claim to be an expert on Bitcoin and cryptocurrency. I am just fortunate that in my line of work I am exposed to the good and bad of Bitcoin and cryptos. And as GI Joe series taught me “…Now you know… and knowing is half the battle” so I’m posting my thoughts here at  menardconnect.com.

So first, before we spread FUD about bitcoin,cryptocurrencies and hacking, please do read about Mt. Gox and Bitfinex. I was looking for related materials on this topic and found the following links below can give a pretty good start…

from The Verge:
Mt. Gox crumbles: all the news on Bitcoin’s biggest bankruptcy scandal

and from Ars:
A brief history of Bitcoin hacks and frauds

If you want to read a more recent hax then read about bitthumb

Then compute the fiat values, know the risks, research more, learn and decide. And please don’t be GOXED!

xxx

To end this post, remember GI Joe “Now you know… And knowing is half the battle…”

Will try to post more about bitcoin and cryptocurrency (maybe my thoughts on ETH, XMR, Calata, ICOs, and the worx) here at menardconnect soon (maybe this can be a multi-part post).

Bloggers for Freedom

I just signed the Bloggers for Freedom statement.

Statement: Bloggers for Freedom

We concerned Filipino bloggers stand for the rights to free expression and to free speech. And our first responsibility is to protect these rights.

We thus stand with Rappler, its right to exist, the rights of its working journalists and contributors, and the rights of its community of readers.

We stand against moves to silence and scare journalists, bloggers and media practitioners just because the President and his ardent supporters dislike their news and views.

Now is a time for making choices amid battles between truth and lies, debate and dissonance, democracy and dictatorship.

We sign our names here to tell everyone we have made a choice. We are bloggers for freedom.

As a blogger I stand for the rights to free expression and to free speech.

As I mentioned in my post last year, I really missed the good ol’ days when blogging was so simple 🙁 but as they say past is past na talaga and we need to live in this changing and challenging times, so laban lang!

Will post more thoughts on this topic and other bloggers link here soon.