Author Archives: Michael Froomkin

Why Bitcoin Isn’t As Exciting as it May Sound

A surprising number of people, including reporters, have been asking me what I think of Bitcoin.  My reaction is to be somewhat underwhelmed, for all of its technical inventiveness.   The best single account I’ve seen of why to be cautious is in this account by John Levine, Bitcoin and tulip bulbs.

As I wrote recently in reply to a Polish journalist’s emailed inquiry:

I am somewhat skeptical for three sets of reasons.

First – A coin that fluctuates in value is an investment, perhaps, but not a reliable store of value.

Second – There is a very limited number of things you can do with a Bitcoin at present.  Projects like this first suffer from and then — occasionally — benefit from network effects.

Third – Although I have not studied the protocol carefully, I’m worried that an attacker with the services of a large botnet might be able to dominate the system of authentication.

Posted in Cryptography, Econ & Money | 7 Comments

Dramatic Reading of EULA

This is just awesome: Richard Dreyfuss reads the iTunes EULA.

I especially like Please read. Shakespeare for our times?

Posted in Law: Copyright and DMCA | 1 Comment

Report from Haiti’s Medical Front Line

For complicated reasons perhaps having to do with how both doctors and patients are trained, blogger “Scott” finds that Haitian patients have an unusual approach to foreign doctors:

they seem to have this insane mindset, exactly the opposite of that prevailing in parts of the States, where medicine is good. In particular, getting more medicine of any type is always a good thing and will make them healthier, and doctors are these strange heartless people who will prevent them from taking a stomach medication just because maybe they don’t have a stomach problem at this exact moment. As a result, they lie like heck. I didn’t realize exactly how much they were lying until I heard the story, now a legend at our clinic, of the man who came in complaining of vaginal discharge. He had heard some woman come in complaining of vaginal discharge and get lots of medication for it, so he figured he should try his luck with the same. And this wasn’t an isolated incident, either. Complaints will go in "fads", so that if a guy comes in complaining of ear pain and gets lots of medicine, on his way out he’ll mention it to the other patients in line and they’ll all mention ear pain too – or so the translators and veteran staff have told me.

via Jackdaws love my big sphinx of quartz. The whole account is interesting, although it differs quite a bit from other accounts I’ve read (and heard) of post-disaster medicine in Haiti.

Posted in Health Care | Comments Off on Report from Haiti’s Medical Front Line

Four Top Cybersecurity Myths

#1:

Cyber terrorism: it does not exist. There are no – repeat, zero – documented incidents of cyber-terrorism. The idea that al-Qaeda will use virtual reality technology to train terrorists here in America (which I heard today) is simply ludicrous. Bin Laden didn’t even use e-mail! And anyone who’s tried streaming Hulu over a wireless connection will appreciate just how hard it is to use high-bandwidth apps even in a broadband environment.

via Info/Law, Cybersecurity Theory and Myths.

Cyber-security purveyors are certainly relying on an over-hyped threat model. That’s how you get funding. But doesn’t the Stuxnet worm suggest that there are other sorts of cyber-terrorism that might be practicable? And if Stuxnet was launched by a government, as some suspect, can we really say there’s never been any cyber-terrorism? Perhaps, because then it counts as an act of war by a nation-state, not terrorism as such.

Go read the rest — the other three top myths seem right on target.

Posted in Internet, National Security | 2 Comments

Report From the Miami-Dade Mayoral Candidate Debate

Miami-Dade County mayoral candidates Carlos Gimenez and Julio Robaina debated at the University of Miami at 5:30 p.m. today in an event organized by the Miami Foundation, The Miami Herald, and El Nuevo Herald. It was my first opportunity to see the two candidates in the same place. Just over 100 people attended in person, but there were plenty of cameras and the event will be broadcast on WPTB over the weekend.

The panelists for the “debate” — as usual more a serial answering of questions than a head-to-head debate in the Lincoln-Douglass school — were Dan Grech (WLRN Radio), Myriam Marquez (Miami Herald columnist), and Manny Garcia (El Nuevo Herald’s Executive Editor).

As usual for such events in Miami, it started late. But given this was an important event, it only started ten minutes late.

The spokesman from the Miami Foundation said that the focus of the forum would be “policies not politics” — whatever that means. Then we learned the ground rules: Two minutes for openings & closings. Ninety seconds to answer each question. Rebuttals of thirty seconds.

Personally, I find 90 and 30 second statements to be somewhat at war with the idea of substantive debate, but we live in a sound bite culture. What follows is paraphrase, unless I use quote marks. Comments in (parentheses) are my own.

I took a lot of notes, but there’s really very little point in subjecting anyone to them. With only a few exceptions, which I’ll discuss below, the two candidates sounded very much alike on policy: they are against taxes, yet plan to close the $200 – $400 million annual budget deficit — in Ginimez’s case by a combination of efficiency and demanding givebacks from the unions, in Robaina’s case either by efficiencies alone, or perhaps by a combination of efficiencies and magic. They both would support a limited increase in casino gambling. Neither has plans to do anything exciting for transport, as there’s no money to pay for it, although both said they were for increasing bus service, and Gimenez suggested that smartphone apps telling you when the next bus was due might increase ridership. (Personally, I rather doubt that will help if the bus still comes only once every blue moon.)

There were some differences in their answers to a question about global warming. The questioner noted that greater Miami is vulnerable to sea level rise, as sea level has risen 10″ since 1930. Is this a significant concern? If so what can we do to protect from this rise?

Robaina’s answer was just off-the-wall weird. He said that “we have an expert in our system,” Harvey Ruvin, the Clerk of Courts, who will have all the information. We are probably leaders in preparing without creating additional regulations.

(Personally, I have a lot of respect for Harvey Ruvin, but I’d be surprised to learn that he’s an expert on either global warming or on sea-level-rise preparedness.)

Gimenez gave a much better answer, in which he said, look at the data — it is rising, and looks like it will continue. My concern, he said, is quality of life for our kids and grandkids. We need to mitigate, put developments higher up. We need to figure out when it will affect coastal developments, prepare to mitigate it now in order to prepare for future. We will have to make this part of planning and permitting. The followup question asked, “is it rising?” Gimenez said, “yes,” the issue is how fast it will be affecting us — have to get ahead of the curve. Robaina did not choose to offer a followup answer.

Where the candidates differed most of all was that Giminez emphasized his goal of “restoring trust in Miami-Dade government”. I took that originally to be code for “I am not a crook like the other guy,” but there was one moment that made me think that maybe this was too cynical. And it wasn’t the moment where Giminez, who has a nice firefighter’s pension, grandstanded by saying he’d give back 50% of his salary in order – he claimed – to seize the moral high ground in his campaign to cut county workers’ pay.

Rather, the moment came in answer to the twelfth and final question.

The question asked, you are two self-professed Republicans, Hispanic men, what can you do to bring people together in time of divisiveness and ill-feelings?

Gimenez gave a powerful answer: He said the key was to say the same to everyone. … Everybody wants fairness and consistency. I’ll be fair and consistent.

Robaina’s answer had more of a sound of the usual promise to share the pie: My administration, he said, would be a reflection of what this community looks like. It would be inclusive. …. Everyone should feel the Mayor is accessible, will listen and will ACT.

Overall, Gimenez was more polished and articulate than Robaina, but Robaina wasn’t terrible. Other than the odd Harvey Ruvin remark, neither candidate did anything odd. I left discouraged on policy grounds: these are two pretty right-wing Republicans fighting over who is more against taxes and county workers. Despite the high-minded objectives of the Miami Trust and its helpers, policy isn’t what this election is about. It’s about personalities, and about records.

Gimenez has a reputation for honesty. Robaina does not. Gimenez has a reputation for technocratic competence. Robaina has a reputation as a pretty effective fixer, and no one in law enforcement has laid a glove on him yet. Take your pick?

With a somewhat heavy heart, I plan to vote for the technocrat. The alternative is clearly worse, although this debate, which Gimenez won only on points, did not I think make that terribly clear.

The election is June 28. Only about 16% of the eligible voters voted in the first round. It might be even less this time.

Posted in Miami | 3 Comments

Local Boy Makes, er, Not Good

The Baddest Lawyer in the History of Jersey is also, I’d bet, the most colorful graduate — ever — of Nova Southeastern law school, just up the road in Fort Lauderdale.

Posted in Law: Criminal Law | Comments Off on Local Boy Makes, er, Not Good