Here are Today’s MadBits
Federal Appeals Court Rules That The NSA’s Massive Surveillance Program Is Illegal
A unanimous panel of the United States Court of Appeals for the Second Circuit held on Thursday that the National Security Agency’s sweeping database of U.S. phone calls is not authorized by federal law.
Not Authorized by federal law, or as you and I know it, Illegal. The NSA’s phone call database is illegal and should be stopped immediately. Personally, as a firm believer in law and order I believe that the operators of this program should be arrested immediately and made to stand trial for their crimes — along with those who ordered this illegal data gathering. Edward Snowden should be given a full pardon and the President(s!) who ordered this operation should also be tried for their crimes. I won’t hold my breath, but still, an astoundingly correct decision from the Second Circuit appeals court.
ItBit Nets Million, Launches **NYDFS-Approved Bitcoin** Exchange
Coinbase gets lapped by ItBit, as ItBit is America’s first NYDFS approved bitcoin exchange. A bitcoin exchange that even SuperNintendo Lawsky could love. ItBit has an impressive board and did all the groundwork to get this license and congratulations to them! Way to go ItBit.
Goldman Sachs’ ‘Investment’ in Bitcoin is Newsworthy But Not Significant
Solid article reminding us that just because Goldman has invested in Circle, doesn’t mean they’ve invested in Bitcoin. Circle is a bitcoin company in name only and even that they’d probably prefer you didn’t mention the B-word. Circle uses bitcoin only as a transfer mechanism, not even mentioning the B-word on their about page.
But let’s face it, we don’t really want Goldman investing in a real bitcoin company because that would mean they get it and as we all know…. they don’t get it.
Meanwhile Bitcoin Prices are still Mad with WinkDex reporting a last of 7 — a high of 8 and a low of 8.
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