Friday, April 10, 2026

Chez vous - 4 Takeaways From Our Search for Bitcoin’s Creator

 

“ … But ultimately, we will always choose Earth. We will always choose each other.”  
~  Artemis II astronaut Christina Koch


What A Time To Be Alive!


 In spite of how we media dragons may present at times, we don’t have all the answers

 

I no longer wish to live in a country where performative cruelty has become the guiding principle of government

We posted to Twitter (now known as X) five to ten times a day in 2018. Those tweets garnered somewhere between 50 and 100 million impressions per month. By 2024, our 2,500 X posts generated around 2 million impressions each month. Last year, our 1,500 posts earned roughly 13 million impressions for the entire year. To put it bluntly, an X post today receives less than 3% of the views a single tweet delivered seven years 

Even EFF is Leaving X


4 Takeaways From Our Search for Bitcoin’s Creator

They've nailed Satoshi Nakamoto (probably). But the famously sloppy bitcoin code has lots of bugs.
Here’s what we found suggesting that Adam Back invented Bitcoin.
It has been 17 years since a nine-page white paperappeared in an obscure corner of the internet and ushered in the world’s first cryptocurrency. Bitcoin has grown from a curiosity to a mainstream fixture of the financial landscape. Yet the identity of its inventor has remained unknown, concealed behind the now-famous pseudonym Satoshi Nakamoto.
I spent more than a year digging into Satoshi’s identity, sifting through thousands of decades-old internet postings. With the help of computer-assisted reporting provided by my colleague Dylan Freedman, I amassed a body of evidence pointing to Adam Back, a 55-year-old British cryptographer. Mr. Back denied that he was Satoshi, and chalked it all up to a series of coincidences.

Leaks reveal the inside story of Trump’s decision to attack Iran

The New York Times’ Maggie Haberman and Jonathan Swan published a richly detailed account of how Trump weighed the attack

 

New details about Epstein’s lenient plea deal and jail term emerge from DOJ files CBS News


Previously unreleased report obtained via freedom of information battle says Pezzullo exceeded ‘boundaries of normal public service practice’


USA Trade Online

Welcome to the new version of USA Trade Online – A new way to envision International Trade: “The official source of U.S. merchandise trade data from the U.S. Census Bureau. You can create customized reports. Search by HS and NAICS, geography, time, US trade region (district, state, or port), and measurement values. Reports can be saved and exported using your email and a PIN. An account is not needed to search. Checkout our tutorial or click here to go back to the International trade website. [h/t Jennifer Boettcher]



WSJ: The High-Tax Wealth Flight Continues

Wall Street Journal, Editorial Board, The High-Tax Wealth Flight Continues(March 27, 2026), 

As Democrats across the country seek to raise income taxes, the IRS on Friday released new data on state income migration that is a reality check on their ambitions. Even after the pandemic, high-tax states continue to lose tens of billions of dollars in taxable income to low-tax states.

The latest IRS data includes the adjusted gross income (AGI) of tax filers who moved between and within states between 2022 and 2023. Not surprisingly, overall migration ebbed from record highs in 2020 and 2021 during the Covid lockdowns. A mortgage lock-in effect and rising interest rates also resulted in fewer people moving.

Yet states with the highest taxes continue to lose the most income to other states. California lost on net $11.9 billion, mostly to Texas, Nevada and Arizona. Other big losers include New York ($9.9 billion), Illinois ($6 billion), Massachusetts ($4 billion), New Jersey ($2.6 billion), Maryland ($1.8 billion) and Minnesota ($1.5 billion)….

Thursday, April 09, 2026

Tax information for romance scam victims

 

World’s smallest QR code, smaller than bacteria, could store data for centuries

Science Daily: “Scientists have created a microscopic QR code so tiny it can only be seen with an electron microscope—smaller than most bacteria and now officially a world record. 

But this isn’t just about size; it’s about durability. By engraving data into ultra-stable ceramic materials, the team has opened the door to storing information that could last for centuries or even millennia without needing power or maintenance…

We live in the information age, yet we store our knowledge in media that are astonishingly short-lived,” says Alexander Kirnbauer. Magnetic and electronic storage devices often lose data after only a few years, especially without continuous power, cooling, and maintenance. In contrast, ancient civilizations carved their knowledge into stone, allowing it to survive for thousands of years. “With ceramic storage media, we are pursuing a similar approach to that of ancient cultures, whose inscriptions we can still read today,” Kirnbauer says. “We write information into stable, inert materials that can withstand the passage of time and remain fully accessible to future generations.” Another major advantage is energy efficiency. Unlike modern data centers that require significant electricity and cooling, ceramic-based storage can preserve information without any ongoing energy input, helping reduce environmental impact…”




 Australia releases 2024 scam data

  • Losses reported increased slightly to $2.18 billion
  • Complaints down 2.7%
  • Top scam reported was investments, presumably crypto romance frauds; accounted for nearly half of losses
  • Second were romance frauds, followed by BEC fraud and tech support fraud
WSJ says India suffering from “digital arrest” scams in which callers claim to be from banks or law enforcement and must turn over assets to keep them “safe,” “may spread” to the US  
(But it already does hit the US, and as readers know, it is already a serious problem)

DOJ disrupts four domains used by Iran for hacking and propaganda
 
Germany leads international effort that takes down 373,000 dark web sites selling child porn and supporting frauds; headed by man in China
 
White House suggests system for getting money back to cybercrime victims
 
St. Louis: DOJ and Wisconsin AG get summary judgment order against timeshare exit company that did presentations at venues around the country; must repay $140 million
 
Review and recommendation: I just read Shelby Foote’s 3 volume Civil War.  I really don’t think you can understand the US without knowing about that war. Hundreds of thousands died to eliminate slavery.  It is exceedingly readable and endlessly fascinating.  I highly recommend it.
 
Need an expert witness for consumer protection or fraud issues?  Let me know.
Fraud Studies: Here are links to the studies I’ve written for the Better Business Bureau: puppy fraudromance fraud; BEC fraudsweepstakes/lottery fraud,  tech support fraudromance fraud money mulescrooked movers, government impostersonline vehicle sale scamsrental fraud, gift cards,  free trial offer frauds,  job scams,  online shopping fraud,  fake check fraud and crypto scams
 
Fraud News Around the worldHumorFTC and CFPBBenefit TheftScam CompoundsBusiness Email compromise fraud Bitcoin and Crypto FraudRansomware and data breachesATM Skimming                                                       Jamaica and Lottery FraudRomance Fraud and Sextortion 

Bill Ferris - Inside the club more exclusive than the Chairman’s Lounge

 

Inside the club more exclusive than the Chairman’s Lounge

Private equity legend Bill Ferris explains why sending non-profit CEOs to Harvard is the ultimate investment in the “social glue” holding Australia’s economy together.
Macquarie Group Foundation executive director Lisa George and private equity legend Bill Ferris are both Harvard club members. Louie Douvis
Work and careers reporter
Every year for the past quarter-century, Bill Ferris has paid to send two not-for-profit leaders to Harvard because he does not trust government alone to maintain social stability through times of turmoil.
At 80, the father of Australian private equity believes a flourishing NFP sector is existential to the Australian way of life.
“It’s becoming a worldwide challenge, and you can’t just rely on governments at a time of global mess,” Ferris says, citing geopolitical volatility and social fragmentation.
His Family Ferris Nonprofit Fellowship is currently finalising its 2026 intake, a milestone that coincides with the 75th birthday of the Harvard Club of Australia.
With about 600 members, the club is one of the most exclusive in the country. It boasts members including the chairman’s chairman, David Gonski, former Labor leader Bill Shorten, former ANZ retail head Maile Carnegie and Seek co-founder Andrew Bassat.
But geopolitical and social fragmentation were not the primary concerns of a 23-year-old Ferris when he first set foot on the Harvard campus – which is sometimes euphemistically called “the little business school just outside of Boston”.
It was 1968 when Ferris arrived at Harvard on the back of a tag-team pair of academic scholarships – the Denison Miller from the University of Sydney and a Fulbright. “That enabled me to contemplate going to the US,” he says, a time he describes as “two very exciting years”.
Former US president John F. Kennedy had, as Ferris puts it, “sadly just been knocked off”.
“I was focused selfishly on what I could do in the world of business, with innovation, at that time,” he admits.
But a speech by the late president’s brother, Robert F. Kennedy, at the University of Kansas shook a young Ferris to his core.
Within three months of that speech on March 18, 1968, Robert would himself be dead, gunned down in the kitchen pantry of the Ambassador Hotel in Los Angeles after winning the California Democratic primary.
But on this day at the University of Kansas, he told a crowd of 20,000 supporters that gross national product was a poor measure of a nation’s character.
That speech, Ferris says, “was a wake-up call”.
He realised Australia’s globally high living standards, built on the back of a robust gross national product and replete with a world-class social safety net, needed a stronger “glue” than governments alone could supply.
“The socio-economic structure that this country enjoys is under lots of pressure,” Ferris says. “That glue has to be, in my view, provided by not-for-profits. I learnt during this time we could not just rely on government.”
Ferris returned to Australia in 1970 with the idea of starting the country’s first venture capital fund, which would go on to make him a lot of money.
And another idea: to get more Australians into the hallowed halls of Harvard, grow the local network of alumni, and eventually, bankroll non-profit leaders to attend with an idea to further professionalise the local sector.
These days, Australia has what Macquarie Group Foundation executive director – and Harvard Club member – Lisa George calls “a very large and professional” non-profit sector.
It employs more than 10 per cent of our workforce – more than 1.5 million people – and contributes over $200 billion annually to the economy – about 8 per cent of gross domestic product.
George, a graduate of Harvard’s Kennedy School, is one of the panel of judges who select the successful fellowship recipients.
Each year, the Ferris family forks out more than $20,000 per person for two candidates to receive the “once in a career opportunity”: a high-intensity, one-week executive course at Harvard Business School.
Lisa George and Bill Ferris are working to get more Australian not-fot-profit leaders into Harvard. Louie Douvis
“The original vision was a pebble dropped in a pond, and the ripple effect that comes from that,” says George, who has been involved with the fellowship for almost two decades.
“We’ve invested in the individual, but we’ve seen many go on to be chief executives of two or three other non-profits over their careers, and they’ve taken that experience and those learnings and those collaborations and networks with them.”
The fellowship’s 54-strong alumni is a who’s-who of Australia’s non-profit heavyweights: Salvos boss Matt Davis; Adrian Collette, former boss of Opera Australia who now directs how the government funds the arts as chief executive of Creative Australia; and Jerril Rechter, who was running the Footscray Community Arts Centre when she became the 2006 recipient and was recently appointed chief executive of the Australian Sports Foundation.
“We look at what is a relevant, topical issue for society, and what is pressing for that organisation in this moment,” says George.
Successful applicants arrive at Harvard with a honed and very specific problem to solve and spend the week workshopping solutions to that problem with the college’s brightest minds.
One of last year’s recipients was Gary Groves, chief executive of online youth-focused mental health organisation ReachOut. His Harvard experience coalesced around developing an ethical, safe way to use AI to meet the ballooning mental health crisis.
“If Gary can crack that, it would really have a multiplier effect on the impact [ReachOut] can have,” George says. “I’ve no doubt that model will be taken up by other organisations.
“I don’t want to pretend one fellowship is going to help solve [every challenge] in Australia, but I think if they are collaborative, work within their sector and across sectors, that goes a long way.”
Receiving a fellowship also affords these executives entry to a club more exclusive than the Qantas Chairman’s Lounge, and the opportunities to network that come with it.

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