Adam Cohen’s answer to Is the cryptocurrency Bitcoin a good idea? – Quora

Answer by Adam Cohen, Internet Economist. I work for SeatGeek.

No. Bitcoin is a ludicrously bad idea. It is a scam. A Scam. It is not a currency. The economic assumptions underpinning the Bitcoin ecosystem are laughable, and ignore hundreds of years of accumulated understanding of how currencies work with each other.

Source: Adam Cohen’s answer to Is the cryptocurrency Bitcoin a good idea? – Quora

Appeals Court: No Hacking Required to Be Prosecuted as a Hacker | WIRED

Employees may be prosecuted under a federal antihacking statute for taking computer files that they were authorized to access and using them in a manner prohibited by the company, a federal appeals court has ruled. The case decided 2-1 Thursday by the 9th U.S. Circuit Court of Appeals concerned the Computer Fraud and Abuse Act.…

Source: Appeals Court: No Hacking Required to Be Prosecuted as a Hacker | WIRED

“any person who obtains information from any computer connected to the internet, in violation of her employer’s computer-use restrictions, is guilty of a federal crime.” — Judge Tena Campbell in dissent of the majority ruling.