• De chevron_right

      Daily Dose: Burger Flipped

      pubsub.do.nohost.me / Decentralized Today · Friday, 28 May, 2021 - 13:20 · 2 minutes

    Daily Dose: Burger Flipped

    Another decentralized finance protocol was subject to a major exploit on Friday after $7.2 million was drained from BurgerSwap on Binance Smart Chain.

    Varying amounts of seven different cryptocurrencies were stolen amid the attack, including $3.2 million worth of BURGER tokens, $1.6 million worth of Wrapped BNB (WBNB) and $1.4 million worth of Tether ( USDT ). The funds were still being sold off at the time of publication.

    BurgerSwap launched in late 2020 as what was thought to be a clone of the Uniswap decentralized exchange. However, a post-mortem into the exploit revealed that the omission of a crucial line of code differentiated Uniswap from BurgerSwap and was likely the point of attack for what took place on Friday. This revelation led some social media observers to speculate that BurgerSwap developers were behind the attack themselves.

    Over the past year or so, the crypto community in South Korea has had to adapt to a suite of new regulations and government frameworks tailored to the growing industry.

    With the regulatory landscape for digital assets thus undergoing a marked shift , there has nonetheless been some confusion as to which Korean government agency or regulatory authority is tasked with overseeing various aspects of crypto-related activities. According to a local report , a joint statement released on Friday aims to clarify these questions for a society of undeniable crypto enthusiasts .

    The statement outlines that the Financial Services Commission, or FSC, will be tasked with monitoring digital asset businesses, establishing regulations for the sector and ensuring the implementation of strong Anti-Money Laundering measures by crypto firms .

    While Bitcoin ( BTC ) increasingly falls under the scrutiny of regulators worldwide, Ark Investment founder and CEO Cathie Wood is confident that regulators will be unable to shut down the world’s largest cryptocurrency.

    Wood said that Bitcoin is “already on its way and it’ll be impossible to shut it down,” Bloomberg reported on Thursday. Global regulators “will be a little more friendly over time” toward cryptocurrencies due to the fear of missing out on opportunities provided by the industry, she said at CoinDesk’s Consensus 2021 conference.

    The recent regulatory pushback against Bitcoin in Europe, the United States and China contributed to a slump in Bitcoin markets, but the primary trigger for institutions pausing Bitcoin purchases were the mining-related environmental concerns escalated by Tesla CEO Elon Musk, she said.

    This daily dose was brought to you by Cointelegraph.

    • De chevron_right

      Privacy Cookbook - Chapter 5.9.7 - Cellphone Security - Android browser recommendations

      pubsub.do.nohost.me / Decentralized Today · Thursday, 27 May, 2021 - 23:00 · 3 minutes

    Privacy Cookbook - Chapter 5.9.7 - Cellphone Security - Android browser recommendations

    Recently, in chapter 5.9.6, I had a look at browsers on iOS and I shared my personal favorites. Today I would like to dive into Android. Let's be clear - the pre-installed Chrome or Samsung's Internet browser are both sending a lot of telemetry and data about you to their (mothership) headquarters.

    I like to refer, as usual, to DNS and always recommend that before thinking of what browser you use you set up a DNS server on your phone. This is easy as pi on Android 9 or higher:

    Settings -> Connections -> More connections settings -> Private DNS -> Private DNS provider hostname:

    You can add any trusted DNS server here, for example:

    fdns1.dismail.de

    Which is a German hosted DNS with ad and malware blockers pre-installed. No logs and I've tested it over months. Great service!

    Another option would be nextDNS which is always my first choice as you have so many options and pre-selected services and spy agencies in your blocklists.

    Now let's dive into browsers

    As always, I recommend using F-Droid and not the Google Playstore.

    Fennec

    Fennec is a Firefox-based, open-source browser which also allows Firefox add-ons. I recommend here Decentraleyes and uBlock Origin. NoScript Security Suite could be a third option for the hard core privacy people out there.

    Bromite

    Bromite is my daily second browser. I always recommend using two different browsers, regardless of whether you are on a computer or a cellphone.

    Bromite has the option to add your own DNS server for just Bromite, so you could use Bromite for things you would have blocked system-wide, but want to use in case you need to.

    Note: you can add Bromite to F-Droid, just follow the instructions on the official website.

    DDG

    DuckDuckGo from F-Droid seems a good third browser if you need or want one.

    Tor Browser

    Last but surely not least is the Tor Browser. This browser is based on Firefox and is an official Tor browser. It will hide your IP address and keep you anonymous to the websites you visit.

    I also recommend installing UntrackMe, which would play well with any of the recommended browsers. It will redirect links shared with you to Nitter (twitter links), Invidious (YouTube links), removes trackers from shared links and redirects you to Teddit (for Reddit).

    If you are someone who like to follow people on Twitter, but don't actually tweet you can also use Fritter (F-Droid) to follow your favorite Twitter friends, football clubs and crypto experts...

    NewPipe would be the wrapper for YouTube, so you would have an app that handles YouTube, without ads and does not track you. Google will still have your IP address though.

    As always stay safe, keep in mind a cellphone will never be totally anonymous. Google and on iOS Apple, regardless of what they claim, will always track you. For your most important tasks try to use Linux. If you are up for a new Cellphone consider a Pixel and install Calyx or GrapheneOS. If you have a Samsung or any other vendor, try not to use any of the Google services and do not login to your Google account whilst using it.

    • De chevron_right

      Daily Dose: Withdraw Pal

      pubsub.do.nohost.me / Decentralized Today · Thursday, 27 May, 2021 - 11:35 · 2 minutes

    Daily Dose: Withdraw Pal

    China has ramped up efforts to quash cryptocurrency mining in its Inner Mongolia region by introducing new penalties for those caught engaging in the illegal activity.

    Officials unveiled new draft rules that would see harsher punishments applied to those caught mining Bitcoin ( BTC ) and other cryptocurrencies, per a report by the South China Morning Post. These would include placing offenders on a social credit blacklist, which would stop them from getting loans or even using the transportation system.

    The new rules make particular mention of data centers, industrial parks, telecoms companies, internet firms and even cybercafes, noting that any such offenders found operating mining equipment would have their business license revoked, could be removed from the local electricity trading scheme, and could even have their businesses shut down entirely.

    Former crypto skeptic Carl Icahn, the founder of Icahn Enterprises, told Bloomberg he’s set to enter the crypto market in a “big way” — teasing an investment of around $1.5 billion. Icahn is an investor and former advisor to the Trump administration, who has a net worth of $15.6 billion according to Forbes. In 2018, Icahn told CNBC that crypto is “ridiculous” and added, “maybe I’m too old for them, but I wouldn’t touch that stuff.”

    But speaking on Wednesday, Icahn explained he’s now considering a large investment and that entering the market in such a manner would “not be to buy a few coins or something”:

    “I mean, a big way for us would be a billion dollars, billion-and-a-half dollars ... I’m not going to say exactly.”

    Icahn joins a growing list of fellow billionaires who have changed their tune over crypto in the past 12 months. When asked about what cryptocurrencies he has his eyes on, the billionaire kept his cards close to his chest and emphasized that:

    “Much of the cryptocurrency issued today will not survive, but we believe cryptocurrency in one form or another might be here to stay. To be clear, we have never bought any cryptocurrency, but we are studying it.”

    PayPal ’s embrace of cryptocurrencies appears to be growing after the payments provider revealed that it will allow users to withdraw their digital assets to third-party wallets.

    The news, which was reported by Reuters Wednesday afternoon, comes just seven months after PayPal first enabled crypto purchases on its platform. At the time, the decision was heralded as a major milestone in mainstream recognition of digital assets.

    The Wednesday announcement means PayPal users will be able to send their cryptocurrencies to other wallets instead of just holding it on PayPal or selling it into fiat currency for withdrawal. However, neither Reuters nor PayPal has specified when the crypto withdrawal feature would be supported. If it’s anything like PayPal’s decision to enable cryptocurrency purchases last fall, the initial rollout of third-party wallets could be gradual and location-based.

    This Daily Dose was brought to you by Cointelegraph.

    • De chevron_right

      The 2021 review of Messaging Service Providers: Jami - a decentralized messenger

      pubsub.do.nohost.me / Decentralized Today · Wednesday, 26 May, 2021 - 23:00 · 3 minutes

    The 2021 review of Messaging Service Providers: Jami - a decentralized messenger

    Yes, the headline has decentralized and messenger in the same sentence. Sounds good, doesn't it? The question is: How good is Jami and could it be on our list of the best recommendations for 2021?

    Let's dive in!

    Jami, formerly known as Ring, is a peer-to-peer, end-to-end encrypted messenger, the introduction on Jami.net reads

    "Share, freely and privately"

    And that is pretty much what Jami does.

    Jami is 100% open-source and no data is stored on any server. The encryption provided by Jami is RSA-Keys (4096-Bit). Yet, keep in mind,  Jami has not been audited by any third party as of yet.

    Sign-up

    Sign-up with Jami is pretty easy and straightforward. You do not need a telephone number, just pick a username, and encrypt your account with a password, and you can pick a profile picture if you choose to do so.

    This also means you don't need to link a telephone number or need to be worried about having an account linked to a SIM card etc.

    Usernames can be exchanged, and you also have the availability of QR codes to share with friends who can scan your code on the mobile Jami app.

    Additionally, you can just click next and not sign up with a username! This would generate an encryption key as your username which is displayed when you chat with others. In other words you can chat with non-registered users or have a one-time login for a chat.

    Availability

    Jami is available on iOS, Android (Google Play and via F-Droid), Linux, Windows and macOS. Jami is even available on Android TVs. In other words, you can run it on pretty much every platform available on the market.

    Configuration

    Jami has a configuration or settings where you can set your profile picture, username etc.

    At Accounts settings you can also temporarily deactivate or reactivate your account. Here you can back up your account. This is the only way to retrieve an account, so I highly recommend doing so.

    You can use Jami on multiple devices. To do so, click Link another device and enter your password. Afterwards, click Export to network to initiate the connection. Jami will generate a PIN which you need on the other device, this expires a few minutes after you generate it. Now link your secondary device by clicking Import from other device, enter the password and the created PIN. This links both of your devices and even moves the contacts you have on the other open device.

    However, you will only see your chat partners, your conversations will only stay on the device used when you chatted with your contacts. Note if you have both devices on you will get the chats of your contacts on both devices, however, your replays are only showing on the device used.

    You also have the option to blacklist contacts or block anyone not in your contact list.

    The settings also allow you to select and automatically download files of up to 100 MB.

    Communication

    As mentioned Jami is peer-to-peer, so when someone texts you, you will be prompted to accept this chat. It will have a username attached if the other end has a registered Jami name, or just a cryptic ID where the name usually shows.

    Any chat will stay as is, in other words you cannot rename the chat once established. Jami supports sending files and audio and video conversations with two or more participants in a resolution of up to 4K  and you can send audio or video messages to your friends and contacts.

    Another cool feature is desktop sharing, just right-click on the screen, and you can then choose between just the selected area or full-screen sharing.

    The 2021 review of Messaging Service Providers: Jami - a decentralized messenger

    When using multiple devices I have witnessed chats working great, but file sharing can be a pain and never downloads. When using only one device I did not have these problems.

    Video calls are impressive and even with multiple users one of the best I've used so far. This makes a great team chat with file and screen sharing.

    In a Nutshell

    I must admit I like Jami a lot. The screen sharing feature, the video calls and group video calls are top of its class. However, the chat is not always reliable, especially when you use multiple devices. I also do not see it as a tool to get your friends over to easily except if you sell it as a great Zoom replacement. I would say it is a perfect zoom replacement.

    With the potential to perhaps to become one of the greatest chat tools in the near future. Keep in mind that Jami is in its infancy, it has a long way to go, but it is decentralized and certainly something to keep an eye on!

    • De chevron_right

      A scary story but worth sharing

      pubsub.do.nohost.me / Decentralized Today · Tuesday, 25 May, 2021 - 23:00 · 2 minutes

    A scary story but worth sharing

    I'm sure you've all heard stories where people get ads sent to them based on stuff they've talked about on their phones. Maybe you've even had an experience like this yourself? Perhaps it is just a (very) smart algorithm, and it did, indeed, somehow predict that you needed that product.

    Or is it?

    Which is why I wanted to share one such story that happened today to one of the editors here at decentralize.today

    I recently got myself a new pizza oven, an Ooni Koda 16 to be precise, and I shared this information via SchildiChat (Matrix) on an encrypted channel with my colleagues. One of them (not the editor in question) even jumped right in and ordered one for himself. No big deal, right?

    The fun part is that all communication were on SchildiChat at my end, and Element on editor's end. Totally encrypted, me using a GrapheneOS based pixel phone with zero Google on it, and him using an iOS device, based on the latest firmware which blocks trackers and has the microphone indicator on.

    I mention the microphone because we live close to each other and meet up a couple of times a week. And on one occasion, I was bringing him a pizza and yes, of course, it was made in my Ooni Koda 16.

    Seems he loved the Pizza, and he thanked me on Threema. Just to point out again, there was no voice involved and we only use encrypted channels. I have sent pictures of my Ooni on both Matrix and Threema. He didn't Google or research the product (as he is not the sort to buy an oven when I live round the corner, hahahahaha, joke!) but just got on with things and took himself to bed that night (no doubt, dreaming of a pizza!)..

    Today, he opens his G-mail account. Yes, he shouldn't have one, but it's a legacy issue isolated on a separate device but, no matter, as after all iOS blocks all trackers…plus we did not share this information on any Google product, and considering also that iOS does not allow apps to cross-spy on each other! And bang he gets an ad for the Ooni Koda 12! That's the smaller one, since as he has fewer people living with him then me, why bother with an ad for the same model I have.

    The scariest part of this isn't that he uses G-mail, the scary part is that all communications were done on encrypted messaging and a small chat in real life. He's surrounded by 'only and private by design (LOL)' Apple products and me sharing a picture on GrapheneOS.

    We started an EXPOSED! mini-series on Mondays recently that starts with the guy, who stands in front of your house and follows you around all day. It's worth reading, you'll understand...

    The question remains why would he need an Ooni Koda, and why would he get a seller close to his location getting into his mailbox?

    I have and will say it over and over again, your cellphone cannot be trusted, and even if I might sound like a fully paid up member of Tinfoil Hat Brigade, you are being tracked!

    • De chevron_right

      Daily Dose: Bitcoin Mining Coincil

      pubsub.do.nohost.me / Decentralized Today · Tuesday, 25 May, 2021 - 12:20 · 1 minute

    North America’s Bitcoin ( BTC ) mining industry appears to be moving towards greater environmental sustainability after MicroStrategy CEO Michael Saylor brokered a successful meeting between Elon Musk and several prominent business leaders.

    Saylor and Musk both revealed Monday that the Bitcoin Mining Council has been established following the high-level talks. The council is made up of several industry leaders, including Argos Blockchain, Blockcap, Galaxy Digital, Hive Blockchain , Hut 8 Mining, Marathon Digital and Riot Blockchain. They’ve all agreed to “promote energy usage transparency [and] accelerate sustainability initiatives worldwide,” Saylor tweeted Monday.

    Saylor also indicated that the new industry group is committed to pursuing broad environmental, social and corporate governance goals concerning Bitcoin mining, as well as educating the marketplace about how the mining process works.

    Bitcoin bounces after weeklong ‘capitulation event’ results in $14.2B in losses

    Bitcoin price briefly tops $40,000 and Ether climbs above $2,600 as traders gain their composure following last week's "historic deleveraging event."

    Crypto traders were greeted by green markets on May 24 as the majority of altcoins saw their prices bounce back following last week's downturn that was the “largest deleveraging event since the March 2020 sell-off,” according to an on-chain report from Glassnode.

    After suffering the biggest monthly price drop in Bitcoin ( BTC ) history, bulls now look to stage a comeback with a significant amount of support forming near the $37,000 level, and within the last hour, Bitcoin's price pushed up back to the $40,000 level.

    Daily Dose: Bitcoin Mining Coincil Bitcoin price pullback. Source: Glassnode

    The capitulation experienced last week was “one for the history books,” with data from Glassnode showing that the magnitude of realized losses on-chain “eclipsed all previous capitulation events” with a new all-time high of $4.53 billion in losses recorded on May 19 and $14.2 billion recorded for the week as a whole.

    Daily Dose: Bitcoin Mining Coincil

    This Daily Dose was brought to you by Cointelegraph.




    • De chevron_right

      ICYMI: 21 Questions with decentralize.today featuring LocalParticl

      pubsub.do.nohost.me / Decentralized Today · Monday, 24 May, 2021 - 23:00 · 5 minutes

    ICYMI: 21 Questions with decentralize.today featuring LocalParticl

    For the May edition of our 21 Questions series, we managed to track down an extremely busy DeCommerce frontliner and had them sit down long enough to get through our questions!

    LocalParticl is one of the many thousands of believers who are working to build the infrastructure that decom and defi require to establish a robust ecosystem and deliver a reliable and usable experience for all. Worthy work, indeed!

    Let's get into it...

    d ecentralize.today: if you could choose three words to describe yourself what would they be and why?

    -    Self-descriptors feel somewhat simplistic but here we go: determined, optimistic, and eccentric. Hopefully further responses will seem to match up.


    DT: How, why and when did you get into digital currencies and their applications?

    - I was led to bitcoin in 2011 after the headaches of dealing with international bank transfers. A digital money that was easily sent anywhere in the world without pages of paper work, days of delays, high service fees, and additional currency conversion fees, sounded too good to be true. Bitcoin lived up to all of this and the future only looks brighter.

    DT: What were you doing professionally before this?

    - I was operating a manufacturing business, specializing in the design and creation of film making equipment.

    DT: How would you describe your current work to a 5 year old kid?

    - I help people use internet money.

    DT: What was your first ever job (even as a kid)?

    - I was hired on as web developer for a business I later became a partner of.

    DT: Who is your biggest inspiration when it comes to work/business?

    - Both of my parents were great role models for hard work and financial responsibility.

    D T: What’s the best life and work advice you’ve ever been given?

    - Learn to fail elegantly. Failures are a chance to learn and get you one step closer to success.

    DT: Your favorite superhero or fictional character, and why?

    - Sailor Moon, because with a catch phrase like “In the name of the moon, I’ll punish you!” you know you’re gonna lose.

    DT: What were you like as a student?

    - I did just enough to get by so there would be more time to watch anime.

    DT: What would be your dream project if money were not an object?

    - Industrial scale vertical aeroponics for food production with the goal of vastly reducing pesticide use and water consumption.

    DT: What is your favorite sport or game to watch?

    - Being a spectator of competitions doesn’t tickle my pickle.

    DT: Working in digital currencies, which is huge space in terms of both size and opportunity, how do you decide your strategic focus and determine the programmes required to address these?

    -    After the Particl team released what I felt was one of the most user friendly private decentralized marketplaces, and also proposed a re-imagined vision of a self-governing economy, I decided to focus on supporting this ecosystem. I consider localparticl.com to be a necessary “last mile,” bridging the Particl platform to fiat moneys without the need for any financial institutions. With the high penetration of mobile devices around the globe we all effectively are a network of decentralized ATMs in the cryptocurrency era. I see a large part of my job to be convincing people of that.

    DT: Who are your real life heroes?

    - Steve Wozniak has been at the top of my list since I was a kid. It’s been great to know he thinks positively of cryptocurrency, stating bitcoin is more “genuine and real” than gold.

    DT: What does your family and friends think of your work?

    - They are rooting for my success even if the details of what I’m doing are a bit fuzzy.

    DT: What was the last book you read that you would recommend to others?

    - “The Man Who Wasn't There: Investigations into the Strange New Science of the Self” by Anil Ananthaswamy. I’ve found myself referencing this text numerous times for examples of how bizarre the human mind is. This is a fascinating examination of what the self means by looking at what part of it mental disturbances can destroy. And perhaps shining a little light and understanding for the little bit of crazy in us all.

    DT: What grinds your gears or are your pet peeves? What do you really dislike?

    - People being extremely late for a meeting when they selected the time.

    DT: Do you have an “I lost my private keys” type story or a crazy privacy/currency related story? Do share!

    - I had numerous tokens in a Parity wallet account which were permanently locked away due to a bug that killed all contracts stored in this fashion. A hardware wallet was then promptly purchased.

    DT: Where do you see digital currencies in ten years time? Where would you like to see them?

    - Digital currencies will be working in the background on lots of software and everyday transactions for settlement; recording our most important data.

    DT: What’s your go-to form of entertainment or pastime? What do you do for fun?

    - Brewing beer and attempting culinary feats then consuming the results with friends and family.

    DT: You have the power to solve one world problem forever. What would you choose?

    - Providing universal access to clean water on a planet mostly covered in the stuff.

    DT: What would be the one thing you would say to your 18 year old self, if you had the chance?

    - Stay in school. Talk to your school counselor.

    Whilst we have you on the line, so to speak, maybe you would like to share the 'what's next' for you and LocalParticl?

    - The biggest tasks at hand are providing support for additional cryptocurrencies and  the development of a marketing campaign. When the pandemic was ramping up it seemed like poor business sense to promote a business centered around people meeting up, forcing a focus shift. This led to the creation of WizardSwap.io, a non-custodial exchange platform utilizing existing infrastructure and allowing localparticl.com users to optionally provide liquidity for this service for a fee over (or under) market rate of their choosing.

    Many thanks to LocalParticl for that refreshing insight into the motivations behind your sterling efforts! We salute you!

    • De chevron_right

      Daily Dose: Biggest Ever Drop

      pubsub.do.nohost.me / Decentralized Today · Monday, 24 May, 2021 - 12:15 · 2 minutes

    Daily Dose: Biggest Ever Drop

    A shake-up among miners and feasting whales provide the backdrop for serious volatility in Bitcoin continuing.

    Bitcoin ( BTC ) is circling $35,000 at the start of the week after a fresh dip panics weak hands and fuels a whale feast — what’s next? After hitting $30,000 in a “capitulation bottom” event, a rebound to $42,000 had many thinking the worst was over for Bitcoin. The weekend proved them wrong .

    From weak hands to strong

    Throughout the May sell-off, one process has reappeared over and over — new coins flowing to old hands.

    In other words, those coins that moved at higher prices near to the $64,500 all-time highs have moved again at much lower prices. Their destination, via exchanges or otherwise, seems to have been large-volume investors (whales) or wallets with little history of selling.

    The phenomenon has been seen before during previous price dips, but the scale of the transfer this time has grabbed analysts’ attention.

    1-year record fear

    With that said, it will come as no surprise that overall market sentiment in crypto — judged by factors tha cover all participants — is extremely cautious.

    On Monday, the Crypto Fear & Greed Index is measuring just 10/100, its lowest in over a year and even lower than during the $30,000 test.

    Fear & Greed, a crypto-based analog of the same indicator used for the wider economy, uses a basket of factors to determine overall market sentiment at a certain time.

    Daily Dose: Biggest Ever Drop

    A record monthly “gyration” for Bitcoin

    At the time of writing, BTC/USD is hovering at around $36,600 — 1.5% up versus Sunday but 20% lower than the same time a week ago.

    Traders’ patience is being tested. The initial $30,000 episode resulted in a rebound to $42,000, the site of February’s all-time high, but this failed to hold for long.

    Instead, Bitcoin dipped back into the $30,000 corridor after mainstream media panic over comments from China over mining and crypto-based commerce. These levels have endured as mainstream consumers are fed with more and more alleged risk factors.

    Stock-to-flow stays intact

    Daily Dose: Biggest Ever Drop

    Few long-term indicators provide such a calming view of Bitcoin like stock-to-flow.

    Throughout the volatility this month, and indeed throughout all periods of volatile price action, stock-to-flow has remained the go-to resource for those seeking proof that it is all “business as usual” for Bitcoin.

    As its creator, PlanB, underlined in recent days, this time is no different. Even its correction of more than 50% versus all-time highs did not make Bitcoin violate stock-to-flow’s predictions.

    “Actual bitcoin price is at the lower bound of S2F model. Am I worried? No,” he summarized on Sunday alongside data from the model. PlanB explained that in essence, BTC/USD has room to range approximately 50% around the all-time high in either direction and still conform to expectations.

    “It is not OK if we stay at $32K for multiple months, but I expect BTC price to bounce back next days/weeks,” he added.

    This Daily Dose was brought to you by Cointelegraph.

    • De chevron_right

      EXPOSED! “Ground Control to Major Musk...”

      pubsub.do.nohost.me / Decentralized Today · Sunday, 23 May, 2021 - 23:00 · 7 minutes

    EXPOSED! “Ground Control to Major Musk...”

    Elon Musk is never far from the headlines these days it seems, especially amongst the crypto communities where his 'intervention' and pronouncements on certain coins have caused big ups and big downs....celebrity inventor investor he might be but the 'Dogemeister General' is no stranger to controversy as you'll see as we re-run this episode of EXPOSED! from last year...

    In this week's delve into the world of governmental malpractice and corporate corruption, we turn our focus instead to someone who speaks his mind even at the risk of upsetting the world...the burden of the flawed genius?

    “Elon Musk is a jerk, but he is also an innovative jerk that we should aspire to be.”

    David Adkin, The Creative Mindset

    Elon Musk has had his fair share of criticism over the years due to his unorthodox stances and highly publicized scandals.

    Calling the lead diver in the Than Luang cave rescue a “pedo-guy” did little to improve his image.

    Taking a page out of Trump’s playbook, he falsely tweeted in 2018 that he had secured funding for a private takeover of Tesla at $420 a share, a move which caused him to be taken to task by the US Securities and Exchange Commission. He came to a settlement which included paying fines of some $40 million and restrictions on his tweeting activities were put in place until he obtained pre-approval from an “experienced securities lawyer”. Musk had the temerity to suggest that the SEC settlement was a restriction on his right to free speech. However, the SEC wrote:

    “As long as a statement for pre-approval is not false or misleading, Tesla would presumably approve its publication without any restraint on Musk. And if the proposed statement is false or misleading, then any restraint on Musk’s speech would be constitutional even if it involved state action”.

    He was initially forced to step down as chairman although he would later retain that role after further negotiations with the SEC.

    Rather than concentrate on his businesses, Elon Musk has had to say some controversial, if not downright daft things about the COVID-19 pandemic. In several tweets he chose to give us his thoughts about a possible treatment. Musk claimed that a drug used to treat him for malaria which he contracted in 2000 could be effective in treating the novel coronavirus. Musk isn’t a doctor nor is he an expert in infectious diseases. While the drug has been tested and used to treat patients, there is currently no scientific proof as to its effectiveness.

    Musk has strongly criticized the lockdowns and at one stage called the public officials directives “fascist”. He referred to California’s shelter-in-place order – which required people to stay home unless they work at a business that provides essential services – as “forcible imprisoning” that has robbed Americans of “their constitutional rights.”

    Musk has also suggested that coronavirus death counts in the US are misleading since the government classifies all coronavirus related deaths as COVID-19 deaths, regardless of whether an underlying condition was a contributing factor. New York City emergency responders and funeral directors say if anything the state had undercounted COVID-19 deaths.

    Bill Gates wasn’t too impressed with all of this and came out and said:

    “Elon’s positioning is to maintain a high level of outrageous comments. He’s not much involved in vaccines. He makes a great electric car. And his rockets work well. So he’s allowed to say these things. I hope that he doesn’t confuse areas he’s not involved in too much”.

    Musk is adamant that neither he nor his children will be vaccinated against the virus:

    “I’m not at risk for COVID, nor are my kids.”

    Musk praised Tesla for continuing to make cars during the lockdown after he filed a lawsuit over his factory’s closure and opened up the plant. Questioned about the safety of his Tesla employees and asked if somebody were to die, the Tesla CEO said:

    “Everybody dies.”

    A puerile comment at best.

    Yes, Musk actually said this as well:

    “One thing I should mention that is, frankly, it’s been quite disturbing to me, is the degree of media coverage of Autopilot crashes..."

    "...is basically almost non relative to the paucity of media coverage of the 1.2 million people that die every year in manual crashes. And think carefully about this. Because if in writing some article that’s negative you effectively dissuade people from using autonomous vehicles, you’re killing people.”

    Musk said in 2016 when asked if Tesla would accept liability if it were able to develop self driving cars and they got in an accident.

    “No, I think that would be up to the individual's insurance"

    “Points of view of autonomous cars are much like being stuck in an elevator in a building. Does the Otis [Elevator Company] take responsibility for all the elevators around the world? No, they don’t".

    Musk has enthused about firing nuclear weapons at Mars as part of his plans for humans to colonize the planet. Musk described his proposal as:

    “a continuous stream of very low fallout nuclear fusion explosions above the atmosphere to create artificial suns. Much like our sun, this would not cause Mars to become radioactive.”

    This was after previously issuing a blunt appeal to “Nuke Mars!”. In a paper published in the journal Nature in 2018, scientists shot down Musk’s idea:

    “We conclude that terraforming Mars is not possible using present-day technology. Results suggest that there is not enough CO2 remaining on Mars to provide significant greenhouse warming were the gas to be emplaced into the atmosphere. In addition, most of the CO2 gas in these reservoirs is not accessible and these can’t be readily mobilized.”

    When people buy cars, many turn to the J.D. Power Initial Quality Study to find out issues owners are having with new vehicles. The study has been running for 34 years and reports on problems during the first 90 days of new vehicle ownership. The 2020 study has placed Tesla at the bottom of the list with 250 problems per 100 new vehicles. The company even managed a worse performance than Land Rover, a brand synonymous with poor quality.

    https://www.jdpower.com/sites/default/files/file/2020-06/2020070%20U.S.%20IQS.pdf

    "The only thing reliable about Teslas is their poor reliability”.

    -- Shift Magazine.

    “Musk’s business achievements haven’t landed him on that pantheon [that of Steve Jobs, Apple Inc.’s co-founder] but he is an avatar for a certain kind of Silicon Valley yahooism specific to many technocrats sprung from its corporate ranks. Their observations about the social order and commonwealth get more attention and take on more gravitas than they deserve, boosted and hurried along by the idea that great wealth confers great wisdom – when, of course, wisdom must be authentically earned and demonstrated.”

    --Timothy L. O’Brien, Bloomberg Opinion

    https://www.bloomberg.com/opinion/articles/2020-05-15/elon-musk-is-many-things-but-wise-isn-t-one-of-them

    "Can you hear us, Major Musk?" (secretely, we doubt it!).