Is bitcoin and all other digital currencies threatened by the US handing over the internet to 'private' hands? by wakeupnd

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bitcoin · @wakeupnd · Aug 18 '16

$0.16

Is bitcoin and all other digital currencies threatened by the US handing over the internet to 'private' hands?

<center>http://www.investors.com/wp-content/uploads/2016/06/EDIT2-icann-060916-AP.jpg</center>
With Obama set to hand over the internet in the next few months this may be a threat to digital currencies. Could China or the mega banks persuade this 'private' company to censor websites and IP addresses that are associated with digital currencies just like the Chinese do today? Does this action by the US prove individuals on their own need to create their own 'dark webs'.?

I'm curious to know what other people think.

http://www.investors.com/politics/editorials/dont-hand-the-internet-over-to-the-u-n/

Please share your thoughts,
@WakeUpND

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@havok777 · Aug 18 '16

Cryptocurrencies are beyond the internet I believe.

👍 wakeupnd

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@wakeupnd · Aug 18 '16

Care to elaborate?

👍 wakeupnd

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@matherly · Aug 18 '16

torrents are too well distributed
cryptos are torrent-like clients, blabbing to each other constantly. 
Too many of them spread over the whole globe.

👍 wakeupnd

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@kaderleha · Aug 18 '16

Maybe 'someone' wants to control the freedom of the speech.

And to manipulate the internet for 'their' own purpose & security.

👍 wakeupnd

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@rangertx · Aug 18 '16

I don't see why the US should turn over anything. Please don't screw up the internet. Keep government out of the internet as much as possible.

👍 wakeupnd

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@tomkirkham · Aug 18 '16

The government IS running it right now. What they are doing is making it private:

"What is actually being transferred is the Internet Assigned Numbers Authority (IANA), an organisation dating back to the days of Arpanet.

IANA is responsible for the root nameservers and time zone database. The rest has been ICANN for ages anyway. And even IANA is run by ICANN under contract.

So when you untangle this, what's actually happening is that the US government is removing the contract element to IANA and giving it to ICANN which, although US-based, is geographically neutral. It just has to be based somewhere."
http://www.theinquirer.net/inquirer/news/2468307/us-confirms-it-will-hand-over-control-of-dns-to-icann-from-october

I really wish people would try and understand things before just making knee-jerk, ideological responses to posts.  

Just sayin'

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@tomkirkham · Aug 18 '16

It ain't like the US is a peach, either. The fact that Cruz is against it makes me think it might not be a bad idea.

Except for humanitarian work, the UN really doesn't do much.

The US and the UN needs a Secretary of Rational Thought anyway.

👍 wakeupnd

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@wakeupnd · Aug 18 '16

Very true. if the US isn't a peach the Chinese have to be a rotten apple for sure. They openly try to control the internet.

👍 wakeupnd

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