my thought is that soon enough the folks who value freedom would be using huawei handsets, and pretty soon other folks would be using elsewhere-based cloud services and e-mail protocols, encrypted and w/o backdoors, for export-use only
in a divided cyber world, would expect software / hardware cost to rise for some (i.e. msft, goog, csco, att, etc) and fall for others (huawei, lenovo, ... possible samsung), and depending on apple allegiance and ericsson ownership, they shall fall or rise
i hope nsa has the budget and bandwidth for what shall soon be a surge of asymmetric full spectrum 24/7 distributed networking, a global net hubbed out of somewhere charging a sliver of a bitcoin for each bit crossing the wire
legislations would be tee-ed up requiring domestic folks to use domestic services, everywhere, all easily predictable
but, in the mean time, the next bit in the threat / opportunity continuum
especially if team china should back baidu / bitcoin w/ sovereign guarantee for full convertibility bit coin <=> rm.
rt.com
‘China’s Google’ begins accepting Bitcoin
China’s largest search engine Baidu - also known as the “Google of China” – has become the first service of its kind to accept the crypto-currency Bitcoin.
Baidu said on Tuesday that its security division Jiasule began supporting the virtual currency on October 14.
"Jiasule, as the innovator of the internet, has become the first cloud services vendor to support bitcoin, giving us richer payment methods and experience," the company said in a statement.
Jiasule is an anti-DDoS (distributed denial of service) and firewall security product that is aimed at protecting websites from malicious attacks that attempt to crash them by overloading the site.
However, the adoption of Bitcoin is not across the entire company. Instead, it is only for the protection service, which can be compared to CloudFlare in the United States.
Baidi is the fifth most visited website in the world, according to data from Alexa Traffic Rank – a subsidiary of Amazon.com. The site has a market cap of over US$53 billion and is probably the largest one to accept the crypto-currency.
Following the Silk Road scandal - dubbed the “Amazon.com of illegal drugs” - where the virtual online currency was used by website customers to buy and sell illicit goods and services, the currency has made an impressive stride towards going mainstream.
Bitcoin has basically made up its value after it dropped in the wake of Silk Road's seizure. On Wednesday, the virtual currency stood at around US$155 according to Mt.Gox (USD) on Bitcoin charts.
Bitcoin is the first implementation of the crypto-currency concept which uses peer-to-peer technology to operate with no central authority or banks. The managing of transactions and the issuing of Bitcoin is carried out collectively by a consensus network. |
