10 Things I Learned from ‘We Are Anonymous’ | Peter Mehit

I read Parmy Olsen’s ‘We Are Anonymous’ over the weekend. It is the story of the infamous hacker collective that brought down the Church of Scientology, Pay Pal, Master Card, Visa, Sony, the FBI and CIA among their numerous conquests. It’s a fascinating read about a group based on a contradiction: A few very talented, capable, creative people performed truly heinous acts because they thought their lives were pointless. This nihilistic perspective drove them until they were caught.

The participants were young. The oldest was 28, the youngest 16. Uniformly, they were the socially awkward. They were bullied and marginalized for most of their lives. Most left the education system in middle school because they were bored or mistreated. All of them lived with parents or relatives, reeking havoc on some of the largest organizations in the world from their bedrooms.

Anonymous was more of accident than a movement. The book details how the hacker collective transitioned from a  chaotic, leaderless group looking for lulz (fun at other people’s expense) to very small team that stole the private information of millions of people only to give it away to secure fame and respect from the hacking community. Without recounting the book, because it’s worth reading to understand hacker culture and the underworld of the internet, I was struck by several points:

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Bitcoin miners busted? Police confuse bitcoin power usage for pot farm – Computerworld Blogs

Bitcoin, one of the world’s newest currencies, is an open source, peer-to-peer currency that does not exist in physical form. It’s owned and traded by means of an anonymous P2P network, without any third-party intermediary like a payment processor, without any government issuing or tracking the virtual currency. While there is a limit of only 21 million bitcoins to be generated by the year 2140, bitcoin is “free” to generate and is created by “bitcoin miners.”

The implication is that a completely untraceable underground economy will emerge using bitcoin.

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