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Topic: What if Mt.Gox and other exchanges are hacked by NSA? (Read 1460 times)

legendary
Activity: 1022
Merit: 1007
Sooner or later, a man who wears two faces forgets
It doesn't matter whether they were hacked by NSA, KGB, Chinese government, or other malicious scum. We need decentralized P2P exchanges either way.

This really sounds awesome but is too hard to implement


Easy to read but very difficult to implement. An exchange can say that they are decentralized, but it can't just happen. There should be some regulations made within an exchange and surely, a central authority should control it in order to make the regulations within the exchange happen. The markets are a free entity in the economy, but the exchanges aren't.

There have been many tried in the past , like darkwallet and all but i don't see a true Decentralized P2P exchange
hero member
Activity: 644
Merit: 500
My goal is becaming a billionaire.
Quote
I read on an article that it takes 6 seconds or something so NSA can take control of our PC

If you're kind enough, can you kindly direct me to the article that you're talking about? I know bitcoin is comprise of the top coders and programmers but dude, 6 seconds to take your bitcoins greatly contradicts the security aspect of bitcoin.

How does one dude control your pc (or take away all of your bitcoins) in 6 seconds? Huh

I'am really not kidding , It's 8 seconds sorry for the mistake also here is the thread : http://www.01net.com/editorial/615864/huit-secondes-suffisent-a-la-nsa-pour-infecter-votre-ordinateur/

It's in french tho . you should translate it . Basically the title says "8 seconds are enough for the NSA to infect your PC" with their malware .

~ Madness
legendary
Activity: 3542
Merit: 1352
Cashback 15%
It doesn't matter whether they were hacked by NSA, KGB, Chinese government, or other malicious scum. We need decentralized P2P exchanges either way.

This really sounds awesome but is too hard to implement


Easy to read but very difficult to implement. An exchange can say that they are decentralized, but it can't just happen. There should be some regulations made within an exchange and surely, a central authority should control it in order to make the regulations within the exchange happen. The markets are a free entity in the economy, but the exchanges aren't.
legendary
Activity: 1022
Merit: 1007
Sooner or later, a man who wears two faces forgets
It doesn't matter whether they were hacked by NSA, KGB, Chinese government, or other malicious scum. We need decentralized P2P exchanges either way.

This really sounds awesome but is too hard to implement
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Quote
I read on an article that it takes 6 seconds or something so NSA can take control of our PC

If you're kind enough, can you kindly direct me to the article that you're talking about? I know bitcoin is comprise of the top coders and programmers but dude, 6 seconds to take your bitcoins greatly contradicts the security aspect of bitcoin.

How does one dude control your pc (or take away all of your bitcoins) in 6 seconds? Huh
hero member
Activity: 644
Merit: 500
My goal is becaming a billionaire.
They really have better things to do . like ... NSA ? really ?
They can target us directly if they wants to (Bitcoin users) and take every single Bitcoin we have if they want and you . I read on an article that it takes 6 seconds or something so NSA can take control of our PC

~ Madness

even if we have the latest windows update and virus definitions updated?

Well of course , that's the issue mate you are using Windows and Windows is not trusted .
NSA have agents everywhere (including in Microsoft) who make Backdoors on Windows ... and of course windows is a closed-source software.
That's why some people who care about there privacy use Linux . or big programmers and coders simply write linux from Scratch instead of using Ubuntu or some other famous linux softwares .

~ Madness
hero member
Activity: 756
Merit: 502
They really have better things to do . like ... NSA ? really ?
They can target us directly if they wants to (Bitcoin users) and take every single Bitcoin we have if they want and you . I read on an article that it takes 6 seconds or something so NSA can take control of our PC

~ Madness

even if we have the latest windows update and virus definitions updated?
hero member
Activity: 644
Merit: 500
My goal is becaming a billionaire.
They really have better things to do . like ... NSA ? really ?
They can target us directly if they wants to (Bitcoin users) and take every single Bitcoin we have if they want and you . I read on an article that it takes 6 seconds or something so NSA can take control of our PC

~ Madness
legendary
Activity: 3542
Merit: 1352
Cashback 15%
NSA? Bitcoins? Don't get me wrong here man but I think it isn't likely to happen at all. Like, what is NSA going to do if they could just spy on other things and then "hack" them or make business with them rather than focusing on exchanges that will certainly do them a little.

Quote
Oh oh I got one! Then what if the Aliens hacked the NSA!!! Mother F#<%*!!!!  Shocked

Seems legit.  Grin
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
Oh oh I got one! Then what if the Aliens hacked the NSA!!! Mother F#<%*!!!!  Shocked
Im sure the NSA is now advanced enough to hack the Aliens..
Good point. I guess it's just China that we have to worry about.  Cheesy
legendary
Activity: 1372
Merit: 1252
Oh oh I got one! Then what if the Aliens hacked the NSA!!! Mother F#<%*!!!!  Shocked
Im sure the NSA is now advanced enough to hack the Aliens..
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
Oh oh I got one! Then what if the Aliens hacked the NSA!!! Mother F#<%*!!!!  Shocked
hero member
Activity: 616
Merit: 500
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NSA is too bussy spying on all world goverments and all of us internet users so i dont think they have time to screw with Bitcoin lol.
sr. member
Activity: 338
Merit: 253
When I first saw this post I thought it said, "What if Mt Gox was hacked by NASA?"

That had me falling off my chair laughing.
hero member
Activity: 770
Merit: 509
NSA doesn't need to hack exchanges, exchanges "hack themselves" already if you know what I mean.
sr. member
Activity: 448
Merit: 250
NSA don't have time for this , like really  Roll Eyes
Q7
sr. member
Activity: 448
Merit: 250
Another round of conspiracy theory. I think most likely it is the work of some greedy individuals looking to make easy money rather than a big organization that intends to bring down bitcoin. I mean with every available resource, it will be more effective to just hack the network. giving bitcoin bad reputation will not effective bring down the network as there are bound to be die hard supporters around. Furthermore it also takes time.
legendary
Activity: 1176
Merit: 1011
It doesn't matter whether they were hacked by NSA, KGB, Chinese government, or other malicious scum. We need decentralized P2P exchanges either way.
hero member
Activity: 882
Merit: 1006
Mark Karpeles as CIA agent? Dude who before MtGox was selling Magic the Gathering cards online? It is hard to believe in this conspiracy theory. People are just crooked, they do not need government permission if they want to steal money they would do it on their own.

Mark Karpeles didn't sell magic the gathering cards.

He bought MtGox off of Jed McCaleb (of Ripple Labs) who originally registered mtgox.com, it used to have something to do with Magic The Gathering, but the domain had been unused for many years and in 2010 Jed used the domain for a Bitcoin exchange and sold it to Mark Karpeles a few months later.
legendary
Activity: 1288
Merit: 1000
Mark Karpeles as CIA agent? Dude who before MtGox was selling Magic the Gathering cards online? It is hard to believe in this conspiracy theory. People are just crooked, they do not need government permission if they want to steal money they would do it on their own.
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