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Board Bitcoin Discussion
Topic OP
Have you heard about the Bitcoin "Kill Switch"? It's a doozy!
by
Phinnaeus Gage
on 15/02/2014, 16:29:59 UTC
Smartphone Kill Switch Could Become Federal Law

Quote
On Thursday, US Senators Amy Klobuchar (D-MN), Barbara Mikulski (D-MD), Richard Blumenthal (D-CT), and Mazie Hirono (D-HI) introduced national legislation to require a way to disable smartphones remotely. The goal is to deter theft and protect consumers, but this defense against thieves might come with greater vulnerability to hackers, according to a mobile industry trade group.

WITH CELL PHONE THEFTS SURGING, KLOBUCHAR, MIKULSKI, BLUMENTHAL, HIRONO INTRODUCE LEGISLATION TO REQUIRE A “KILL SWITCH” ON SMARTPHONES TO DETER THIEVES, HELP PROTECT CONSUMERS [from themselves.]

The way I see it, this comes from the school of never-let-a-crisis-go-to-waste, in this case, blame thieves who've taken advantage of idiot consumers to advance an agenda.

Make no mistake, next are all internet-connectable devices, the same devices currently used to remit payment freely, i.e. Bitcoin.

~TMIBTCITW