Category: Government

2016: Take charge and #BeResponsible

fotolia_98074017It’s always a mind-numbing task to review the year that just passed, trying to piece together the puzzle of events – and 2015 was no different. From the investment side, precious metals had a slow and low year. Technology took some massive steps forward with the release of driverless car prototypes, ubiquitous Uber, a wide variety of drone applications, robots, 3D printers… the list goes on.

While technology has been punching away at the world’s troubles, ‘government’ has provided the endless background hum as we approach the 2016 elections. I won’t bore you with the details but amid heated talk of the war against ISIS, it is regulations and taxation that have continued their insidious influence, growing in reach akin to the way the money supply grows in such a speedy and unethical fashion. No, we aren’t here to remind you of the grim realities of the world; just to send some motivation and energy into your day-to-day life, and to ensure you are seizing each day and making it count!

We bring you the #BeResponsible campaign for 2016!

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Encryption and Terrorism in the Post-Snowden Era

9609572241_d02bd5cbf2_oIn the wake of the horrific terrorist attacks that occurred in Paris last weekend, the question hanging in the air is whether or not there is anything that can be done to prevent such tragedies. Foreign policy and attitudes towards refugees have taken center stage, eclipsing what could become a very serious issue: encryption.

Ever since the Snowden revelations, it seems that regulators are desperately grasping for justifications for snooping into data, even as companies have sought to demonstrate their commitment to providing security for consumers. I wrote an article last month which tackled Apple’s policy on encrypting data. The recent attacks look like fertile ground in which to sow the seeds of such a justification. But even the truly awful nature of the terrorism occurring overseas does not convince me to relax my stance on what I see as one of the most important policy issues of our day.

Policy makers have sought to blame the effectiveness of the terrorist attacks on the use of encrypted communication, causing Russia to push for a ban on encrypted services like Telegram. In the U.S., Silicon Valley is beset by politicians from all sides. Pavel Durov of Telegram skillfully set forth his opposition with an incisive and sarcastic quip for the Moscow Times ‘I propose banning words. There’s evidence [to suggest] that they’re being used by terrorists to communicate.’

I would hope that government officials’ arguments in support of creating backdoors are due to ignorance. The worst thing that could come of tragedies like the Paris attacks would be that they be used manipulatively. In the words of Chris Riley of Mozilla to International Business Times, ‘creating policy from a reactive posture is inherently problematic.’ I couldn’t agree more. The same IBT article mentions a letter signed by several leaders in the tech industry, including Mozilla, asking Obama to reject any proposals requiring backdoors to encrypted data. Such a proposal could set dangerous precedents, not only in the U.S., but worldwide. This includes countries with governments that have a history of gross violations of the trust and rights of their citizens. Once a backdoor exists, there is no way of controlling how or when it is used or by whom.

The idea that Durov so insightfully set forth in the above quote is an essential part of the debate that is obscured by the reactionary sensationalism prone to set in after such events as these attacks. If encryption is banned or companies are forced to provide backdoor keys to the government, terrorists and criminals will find other means of executing their goals.

Encryption is a technique, and it is not something that can be fully legislated against. It’s impossible for any government to prevent everyone from using encryption. It can be banned and made illegal, but that does not stop people from using it or putting it in place. After all, bombing cities and killing innocent people is also illegal, but terrorists continue to perform such acts. Only those already willing to cooperate with regulation would comply with providing backdoors to encrypted data. The government would be no closer to hamstringing terrorists.

Even if the government was somehow able to successfully breach all encryption, terrorists would only find other means of communicating, just like they did before encryption was accessible. By making encryption essentially useless – and just as easy for hackers, criminals, and oppressive regimes to break as it is for whoever it is that’s supposed to be protecting us from terrorism – policies that require backdoors wouldn’t hurt anybody as much as they would hurt average citizens.

We can only hope that the tech companies defending data encryption, and those aware of the dangers inherent in allowing for backdoors, can convince politicians to reconsider the matter. We should not let more corruption and injustice come of the evil that we currently mourn.

Finally – Legal Investment in Small Businesses

SECYou no longer have to be super wealthy to invest in a new startup company or small business. On October 30th, the Securities and Exchange Commission (SEC) announced new rules that will make equity crowdfunding legal, something investors and small companies looking to raise money have been waiting a long time for. While not perfect, the rules are a step in the right direction to allow capital to flow freely and efficiently to new business ideas and products, which could unleash exciting opportunities.

What is Equity Crowdfunding?

Many people are familiar with the idea of crowdfunding in general — raising money from a large group of people. The two biggest crowdfunding platforms are Indiegogo and Kickstarter. But have you ever noticed that both platforms only allow you to receive products in exchange for your contribution? In other words, you may get a t-shirt or the first product that rolls off the assembly line, but you can’t have an ownership stake in the company: that would have been illegal.

This problem became glaringly obvious to people when Oculus Rift, a virtual reality headset in development, was purchased by Facebook for $2 billion. The project was initially launched on Kickstarter, and those who helped get the company off the ground were given an early prototype of the product in return. But when Facebook made the acquisition, these backers received nothing because they didn’t actually have any shares in the company.

Previously, only accredited investors, or those who were already wealthy, were able to participate in these investments. Now there is the potential for anyone to invest in companies looking to raise capital. This is important for a number of reasons.

5th of November Photo Caption Contest

One of the best films – with a message – is celebrating its day of inspiration this week, and Anthem Vault plans to make it an exciting week for our customers. The 5th of November is celebrated as ‘Guy Fawkes Day’, mostly in Great Britain. Citizens celebrate the failed attempt of taking down King James I. This same story was interpreted into the blockbuster hit “V for Vendetta”, which sent shockwaves through Hollywood. It became an allegory against oppression, and many political groups have since referenced the film. This controversial film, that was first a book, tells the story of the failed Gunpowder Plot of 1605, attempted by Guy Fawkes as well as 10 or more other plotters.

One of the original authors of V for Vendetta describes the film’s significance in society today:

“The Guy Fawkes mask has now become a common brand and a convenient placard to use in protest against tyranny – and I’m happy with people using it, it seems quite unique, an icon of popular culture being used this way.”

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We are celebrating the 5th of November all week and giving away a 2 ozt Warbird, .999 silver round. All you have to do is join our Facebook page’s caption contest.

The person who contributes a caption and receives the most likes will win. We will also have a winner picked by the judges here at Anthem Vault. Visit the page and submit your caption! The winner will be announced on Thursday at 4pm MST.

My Winning Presidential – Double – Ticket (Except They’re Both Dead)

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Like many Americans, I’ve been immersed in the 2016 Presidential debates. Truthfully, I’m not the least bit impressed. They seem like nothing more than a series of clown shows. I’d rather curl up with a cup of fair-trade coffee and read Nietzsche. So last night, I decided to create my own Presidential ticket. I’m calling it Election Fantasy Football.

Back in the eighties when I was attending a Catholic Jesuit high school in my native Columbus, Ohio, one of the requirements for graduation was to recite all of the U.S. Presidents in order with their terms in office. My recall is good, so I jogged my memory in search of the one president most closely aligned with my libertarian bent.  

Drum roll please. My choice……………

Calvin Coolidge, the 30th U.S. President

And for his running mate, I chose Jack Kemp, former New York Congressman and Housing Secretary under George H.W. Bush.

Below, I’ll make the argument as to why Americans should support a Coolidge/Kemp Presidential ticket. But before you read this, I want to remind you not to get too far upstream with your excitement because they’re both dead.

The Case for Coolidge

I know, I know term limits – as well as Coolidge’s death – would prohibit this fantasy from occurring. But work with me here. As the 30th U.S. President, he was a modest and humble man (unlike Trump), and he is arguably the last true laissez-faire, libertarian-oriented political leader to see the Oval Office.

Crowdfunding – Free Market Solutions for Social Causes

crowdfundingpicIf you’re like me, you’ve probably contributed to a couple of crowdfunding campaigns before. I love the idea of crowdfunding. It feels great to direct your support to projects in which you are interested, and to be able to contribute an amount that works for you. It’s like a more visible and interactive way of fundraising and donating. Crowdfunding started out mainly as a platform used for deliverable content like films and music but recently, it has expanded to include personal and cause-oriented projects such as helping victims of natural disasters or supporting the adoption of a child. Essentially, crowdfunding has become a free market solution for social causes.

GoFundMe seems to be the premier platform for cause-oriented crowdfunding, but IndieGoGo can still claim it’s place as the first personal and non-profit funding platform. IndieGoGo recently decided to make a move for GoFundMe’s crown by building