May 23, 2017

Can Facebook control all your communication?

Yesterday my wife left her painting supplies at Angelia's painting class so she needed a easy way to let Angela know this.  She didn't have Angelia's number so what should she do? -- turn to social media of course. Luckily Angelia uses Hangouts even though she has a group page on Facebook. If Angelia had only been using Facebook this is what could have happened.
Judy would have had to install the Facebook message app in order to text Angelia. The text may or may not have gone through, but let us look at the consequences of installing the Facebook messaging app. During the install process the app ask for permission to see all the info in your contacts app.  Most people just click OK OK OK because they want to get the message to Angelia; but if you do that, Facebook now knows all the people you know, at least those you had contact info for. Angelia might be ok with Judy messaging her, but are all of Judy's other contacts in her contact app willing to let Facebook have that information?  Everybody knows that Facebook keeps "shadow profiles" of the people you know who are not on Facebook and this is how they fulfill that database.
You might ask why does Facebook allow this? They would respond by saying "You are the person who clicked OK OK OK"
You could go outside Google's Play store by getting the app file, but most of those people get me to help them like they do with Tubemate (which allows you to download videos so you can watch videos when you don't have internet-- this app you can't get from Google play store).
So why don't people care about their's and their friend's contacts lists privacy? Probably, people  don't know what Facebook is up to or they don't mind ratting on their friends who want to remain private.
Can this be true? Look at what Mark Zuckerburg told his investors." 1. Facebook wants to be the middle-man in all personal communication. 2. Facebook wants to make all personal communication public over time." This is why your Facebook privacy settings change over time. Look at the bottom right text on the above image. "Facebook may automatically add additional capabilities to each group" -- or to put this in English "Facebook can change your privacy settings whenever they want."  This is a lot different then Google's Mantra, "Do no harm." For the best social experience join me on Mastodon.

Nov 21, 2016

Investments - Donald Trump is a game changer.

-Where should you store your wealth-
Largest moon size a viewed from earth
Every time something unique happens I ask myself what does this mean and is this a game changer? I just snapped a picture of the largest moon ever as viewed from earth. The last time I blogged about moons was in relation to judgment. This time it is in relation to wealth. 
Storing wealth is one of the hardest things to do. People try to steal it and time destroys its value. Yet we all need to keep some wealth to make life survivable. As a farmer just keeping hay dry through the winter is quite a challenge, which makes hay just like money, which you can cash out in the springtime.
People have been asking me what to invest in now that Trump is President. The way Trump trashed the Federal Reserve I wonder if the world's elite money holders might change the game now that Trump has won. Remember Rothschild statement "Give me control of a nation's money and I care not who makes it's laws"  If Trump tries to give more money to the working class he might get assassinated. The other game changer is the World Bank has changed ownership. After the collapse of the Bretton Woods system in 1973, the SDR was redefined its basket of currencies. Effective October 1, 2016 the SDR basket consists of the U.S. dollar 41.73%, euro 30.93, the Chinese renminbi 10.92%, Japanese yen 8.33% and pound sterling 8.09% Having a country as efficient and powerful as China now owning part of the world bank causes everyone to be uneasy. Before Trump got elected the news media was saying stocks would fall and now 2 weeks later the news media says stocks will keep climbing. Truth is hard to know and when we predict wrong we want that point in time to be forgotten. Hopefully I don't have to do this with this blog :) So this is what I think people should invest in now that interest rates are on the rise again.
  1. Pay off your mortgage / debts
  2. Buy things that will make your business run smoother.
  3. Invest in currencies that work without central banks. Hard Gold, Silver, Bitcoin.
  4. Lastly, Invest in collectibles, Real Estate, antiques.

Jun 8, 2016

Distributed Ledger Technology -- Bitcoin

As most of my friends know, Bitcoins have been one of my passions for the last 5 years. I think it is because it uses open source technology and has the promise to improve currency transparency. This week I received a letter in the mail from Sujata Verma who is Canada's Data Assessment and Evaluation person for Canada's Tax Free Savings Account.  She told me that I had over contributed to my TFSA. I logged in to my Canadian account and clicked on TFSA and low and behold I had not over contributed. So who was right.  I asked my Chartered Accounted and he told me to believe my computer rather than Sujata.
Distributed Ledger Technology doesn't have this problem. There is no need for a central data base. There is no need for reconciliation between what you tell someone and what is the truth.  Processing, recording and auditing of sensitive financial information can be done better with block-chain technology than central databases. With Bitcoin now equal to 11.5 billion it is equal to approximated 1/4 of Canadian's current currency in circulation.
Most of us trust our banks to have the correct figures of our wealth. I guess I need to mention here that my bank had a different amount of contribution room left in my TFSA. Trusting antiquated technology for finding the truth can be costly. Who knows if this distributed Ledger Technology catches on maybe there is hope for open social networking software.