OpenRuby.com

10 Jan '13, 8pm

PayPal Assault On File-Sharing Sites Makes Business Case For Bitcoin

PayPal Assault On File-Sharing Sites Makes Business Case For Bitcoin bittorrent and bitcoin were made for each other. an article on torrentfreak reports that paypal is requiring private bittorrent tracking sites to provide them free access for purposes of monitoring user content for possible copyright infringement. on the very same day, another torrentfreak article claimed that researchers at boston’s northeastern university show domain seizure of file-sharing sites to be ineffective and that blocking the money streams to these sites would be a more ‘fruitful’ solution. and, it is already happening in a major way. the money stream targeting even extends to isps that happen to be bittorrent friendly. just as with the payment-oriented attacks against the online pharmacy industry, censorship-resistent bitcoin appears to solve the problem by providing a decidedly nonpoli...

Full article: http://mukpin.com/view.php?k=obBzVW

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