Blockchain May Revolutionize Electronic Transactions in The World

Blockchain may revolutionize electronic transactions in the same way that the Internet transformed human communication. In this video I explain blockchain, its roots in the cryptocurrency bitcoin, and how it may create a new trust platform.

The shocking news report last night, regarding Intel's defective processors, reminded me of what happened in mid 1990s; when Intel Pentium processors found to be defective, and Intel was forced to replace millions of defective Pentium processors, free of charge.

January 4, 2018 - News reporting defective computers, tablets and smartphones CPUs. We all have at least a couple of the said devices with defective Intel processors around our home and office. We should contact the computers, tablets and the so-called smartphones manufacturers immediately and demand new flawless replacement CPUs, or a new replacement device containing flawless CPUs.

As of now Intel is claiming to remedy the three design flaws in processors by creating a patch, which will slow down our devices considerably and in reality is not an ideal fix. The problem is that now the information about the three CPU design flaws are out in the open, everyone, including the hackers all over the world know about them and as we all know patch is not a fix, hackers can easily get around it and steal whatever they want.

We, the people and consumers must stand firm and demand to receive replacement flawless devices and or CPUs, or sue Intel and compel them to replace and or fix our devices properly.!

Product Liability Laws

There are three types of product defects that can result in product liability cases: Design defects, Manufacturing defects, and Marketing defects. When a product is defective and causes loss, or an injury, due to any of the three types of defects mentioned. In this case all three apply, and Intel must be forced to replace all of the defective processors.

To begin, we should call our local district attorney's office and inform them about the problem and ask if they are planning to sue Intel, the smartphone and computer manufacturers.? If not, we, the people, should come together and start a "Class Action Lawsuit".

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Is Your Computer Safe From Hackers.?

Published January 4, 2018 - 6:30 pm EST

This week, Google announced the discovery of three design flaws in processors of computers, tablets and smartphones that could let hackers access data. Dmitri Alperovitch, co-founder of CrowdStrike, tells Hari Sreenivasan about the vulnerabilities and what’s being done to address them.

Read the Full Transcript

Judy Woodruff:

Now- the discovery of a cyber-security risk that could potentially jeopardize billions of computers, smartphones and the cloud system, where information is stored.

Fixes are on the way, but they present their own problems.

Hari Sreenivasan gets the latest on what’s prompting these worries and what technology companies are doing to stop potential hacks.

Hari Sreenivasan:

The risks were first discovered last year. Then stories about those risks were published earlier this week on the Web.

The problem, design flaws in microprocessors, including those made by companies such as Intel, AMD and others, that could allow hackers to potentially access servers and customer data.

It’s not just the individual computers, but also services that exist in the cloud. Researchers at Google say that nearly every processor made since 1995 could be at risk.

There are fixes in some cases, better known as patches, but they may be slow and they may slow systems down.

To help us understand more about all this is Dmitri Alperovitch. He is the founder of the cyber-security firm CrowdStrike.

Dmitri, help us understand what these flaws are. There’s more than just one.

Dmitri Alperovitch:

There are actually three of them that were discovered by Google last year. And they are very insidious.

They’re essentially design flaws in these processors that take advantage of the optimizations that these processors rolled out 20 years ago to help run your code faster on these computers.

And, of course, the processors are the brains of these computing devices. They’re responsible for all the computations that have taken place. They’re inside your phone. They’re inside your laptop. They’re inside your servers.

And what these researchers found out is that you can take advantage of the operations of these processors to actually get access to data that you’re not supposed to have when you’re running your code.

So it really mostly impacts computers where you have shared users.

Hari Sreenivasan:

OK. So, you’re in the risk assessment business. What’s our exposure here as average customers or even as businesses?

Dmitri Alperovitch:

Well, the important thing that people need to understand is that this could have been much, much worse.

Google first discovered this and started notifying vendors that have been working on these patches over six months ago. If this had been released and made public six months ago, we would have had a massive problem, because all these cloud services, whether they’re Google, or Microsoft, or Amazon, would have been vulnerable.

And so much of our data is stored there, when you think about our iPhones that store data in the Apple cloud, or Android phones store data in the Google cloud. So many services like Alexa send data to Amazon cloud and so forth. All of that data would have been vulnerable.

The good thing is that, for the last six months, very, very quietly, a lot of these vendors worked together to mitigate the problem. And even though the patch got released a little bit early — the coordination release was supposed to actually happen on January 9 — it had to be accelerated.

Most vendors were prepared and over the last 24 hours furiously were patching their systems. So, by now, most of these cloud providers are already safe.

Hari Sreenivasan:

I mean, this seems like a very large ecosystem to try to coordinate. You have people that sell you the phones and computers. You have people that sell you software. You have people that sell you cloud services.

All of them have to be on the same page and protect themselves at the same time.

Dmitri Alperovitch:

Well, this particular vulnerability or set of vulnerabilities is actually the nightmare scenario.

It impacts not just the processors. It impacts operating system vendors like Microsoft, and Apple and Linux. It impacts browsers. So, all the major browsers had to get updated as well. It impacts virtualization providers.

So, all of that very complex ecosystem had to work together the last six months to release a patch and do so quietly, because no one wanted the criminals to get ahold of this before the patches were ready.

Hari Sreenivasan:

So, Dmitri, on the one hand, you’re saying that it might not affect end consumers on their laptops as much.

But you are also describing a nightmare scenario for cloud service providers. So, how should we parse this?

Dmitri Alperovitch:

Well, what you should be doing is, you should be asking of your vendors, particularly cloud providers and others that store your data, whether they’re fully patched for this vulnerability, because, if they’re not, that data is at extreme risk for someone being able to steal it.

Hari Sreenivasan:

And, finally, how long are all of these patches going to take? You’re talking about the physical hardware that is sitting inside millions of devices.

Dmitri Alperovitch:

The important thing to understand is that to actually fix this vulnerability, you do need to replace the hardware. And that hardware is not available today. Those processors will probably take years to actually deliver to consumers.

But the patches that are available are essentially mitigating the impact of this vulnerability. Unfortunately, some of them are actually disabling the optimizations, the performance optimizations that have been released by these processors over 20 years ago.

And there is some performance impact that companies and individuals will see as a result of applying this patch. In most cases, for the modern systems that were bought in the last five years, that impact shouldn’t be more than 5 percent degradation.

But if you have older hardware, you may see a much more drastic impact.

Hari Sreenivasan:

All right, Dmitri Alperovitch of CrowdStrike, thanks so much.

Dmitri Alperovitch:

Thank you.

https://www.pbs.org/newshour/show/is-your-computer-safe-from-hackers

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Chip hacks: How much is your device at risk? - BBC News

BBC News - Published on Jan 5, 2018

Security flaws leave millions of computers at risk, but how much should you worry? Technology reporter Jane Wakefield has dissected the story for us.

U.S. treasury department used to print Continental Money, or "Green Back" debt free notes at no interest to the American people and government

In 1861, when President Lincoln goes to New York and ask to borrow money for the civil war, from the money changers, and or the criminal bankers, they offered him loan at 36% interest, Lincoln refused and asked Colonel Dick Taylor, a close friend of his to help out. After some times investigating the matter, he reports back saying:

"Why, Lincoln, that is easy; just get congress to pass a bill authorizing the printing of full legal tender treasury notes, and pay your soldiers with them and go ahead and win your war with them also." Colonel Dick Taylor

And when Lincoln ask Colonel Dick Taylor, will people of the United States accept the notes.? He was told:

"The people or anyone else will not have any choice in the matter, if you make them full legal tender. They will have the full sanction of the government and be just as good as any money; as Congress is given that express right by the constitution." Colonel Dick Taylor

And that is exactly what Lincoln did, in 1862-1863 U.S. treasury department printed 450 million dollars of new money at no interest to the federal government, and in order to distinguish them from other private bank notes in circulation, he printed them using green ink, the money became known as "Green Back".

President Lincoln fully understood the destructive role private bankers and or money changers have been playing. He said:

"The Government should create, issue, and circulate all the currency and credit needed to satisfy the spending power of the Government, and the buying power of the consumers."

"The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Government's greatest creative opportunity."

"By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity." 16th President, Abraham Lincoln

Soon after, a remarkable editorial, boldly expressing the criminal private bankers, and or money changers attitude towards U.S. treasury's "Green Back" printed American notes, was printed in the Times of London.

"If this mischievous financial policy, which has its origin in North America, shall become indurated down to a fixture, then all Governments will furnish its own money without cost. It will pay off debts and be without debt. It will have all the money necessary to carry on its commerce. It will become prosperous without precedent in history of the world. The brains, and wealth of all countries will go to North America. That country must be destroyed, or it will destroy every monarchy on the globe." - Times of London

Precisely the reason why President Abraham Lincoln was murdered, soon after the civil war ended, to the contrary of the criminal private bankers, and or money changer's wishes.

20th President, James Garfield was elected in 1881, he was fully aware of the devastating effect of fiat money on U.S. economy. After his inauguration, President Garfield exposes the criminal private bankers, and or money changers by saying:

"Whosoever controls the volume of money in any country is absolute master of all industry and commerce. And when you realize that the entire system is very easily controlled, one way, or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate." - President James Garfield

Sadly within two weeks after his speech, on July 02, 1881 President Garfield was murdered too.

35th President, John F. Kennedy had already put his plan of action to U.S. treasury department by signing an executive order # 11110, on June 4,1963, ordering the treasury to begin printing money just the same as Abraham Lincoln did; unfortunately six months later he was murdered on November 22, 1963. Lyndon Baines Johnson's first order of business was canceling JFK's executive order to U.S. treasury department.

Worth mentioning that when 7th U.S. President, Andrew Jackson refused to renew the money changers charter, an unsuccessful assassination attempt were made against him.

The following is from American Bankers Association's memo sent to its members in 1891, directing them three years in advance how to create a depression and plunder the American people's farms, homes and money.

"On September 1st, 1894, we will not renew our loans under any consideration. On September 1st, we will demand our money."

"We will foreclose and become mortgagees in possession. We can take two-third of the farms west of the Mississippi, and thousands of them east of the Mississippi as well, at our own price. Then the farmers will become tenants as in England." - 1891 American Bankers Association - As printed in the Congressional Record of April 29, 1913.

The United States Federal Government's Debt is estimated to be $20,400,000,000,000.00 trillion dollars. The so-called National Debt, is paper money printed simply at the cost of ink and paper and put in circulation by the criminal bankers. We, the people, will never be debt free, because to be debt free, U.S. Treasury Department has to print our own money instead of borrowing fiat money from the murderers, the criminal bankers.

The Interest Expense Fiscal Year 2017 on the so-called National Debt amounts to: $434,628,040,135.35, which means we, the people are forced to pay income tax, and four-hundred-thirty-four billion dollars of our money is paid annually to the criminal bankers for interest on the fiat money they printed and put in circulation in this country.

https://www.treasurydirect.gov/govt/reports/ir/ir_expense.htm

It is the duty of every American to inform our congress representatives and remind them of their job's responsibilities, encouraging them to do the right honorable thing, or we, the people, must vote them out.

For more information please visit: http://www.themoneymasters.com/

All Wars Are Banker Wars, All Bank Owners are Jews