Post
Topic
Board Bitcoin Discussion
Re: Have you heard about the Bitcoin "Kill Switch"? It's a doozy!
by
sickpig
on 16/02/2014, 13:34:35 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

It's already here.

read this:

http://www.osnews.com/story/27416/The_second_operating_system_hiding_in_every_mobile_phone

I'm not aware of any commercial phone available where the baseband processor OS is opensource.

That's the reason why everyone mustn't install any wallet software on their smarthphone. Once you gain control of the baseband processor you gain root on main OS.