This concept refers to a specific exploit / vulnerability that has been brought to the attention of the NSA that it decides to leave unpatched (or instructs the relevant vendor [i.e., Microsoft or Intel, for example, to leave unpatched]) in cases where the agency believes that they are the only ones with the knowledge, sophistication and resource to actually leverage a compromising attack against the software that utilizes the specific vulnerability / exploit that has been brought to their attention.
According to a statement from NSA Director Michael Hayden:
"You look at a vulnerability through a different lens if even with the vulnerability it requires substantial computational power or substantial other attributes and you have to make the judgment who else can do this? If there's a vulnerability here that weakens encryption but you still need four acres of Cray computers in the basement in order to work it you kind of think "NOBUS" and that's a vulnerability we are not ethically or legally compelled to try to patch – it's one that ethically and legally we could try to exploit in order to keep Americans safe from others."
This concept refers to a specific exploit / vulnerability that has been brought to the attention of the NSA that it decides to leave unpatched (or instructs the relevant vendor [i.e., Microsoft or Intel, for example, to leave unpatched]) in cases where the agency believes that they are the only ones with the knowledge, sophistication and resource to actually leverage a compromising attack against the software that utilizes the specific vulnerability / exploit that has been brought to their attention.
According to a statement from NSA Director Michael Hayden:
"You look at a vulnerability through a different lens if even with the vulnerability it requires substantial computational power or substantial other attributes and you have to make the judgment who else can do this? If there's a vulnerability here that weakens encryption but you still need four acres of Cray computers in the basement in order to work it you kind of think "NOBUS" and that's a vulnerability we are not ethically or legally compelled to try to patch – it's one that ethically and legally we could try to exploit in order to keep Americans safe from others."
BY LibreCryptography
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Bitcoin is a decentralized digital currency that you can buy, sell and exchange directly, without an intermediary like a bank. Bitcoin’s creator, Satoshi Nakamoto, originally described the need for “an electronic payment system based on cryptographic proof instead of trust.” Each and every Bitcoin transaction that’s ever been made exists on a public ledger accessible to everyone, making transactions hard to reverse and difficult to fake. That’s by design: Core to their decentralized nature, Bitcoins aren’t backed by the government or any issuing institution, and there’s nothing to guarantee their value besides the proof baked in the heart of the system. “The reason why it’s worth money is simply because we, as people, decided it has value—same as gold,” says Anton Mozgovoy, co-founder & CEO of digital financial service company Holyheld.
Should I buy bitcoin?
“To the extent it is used I fear it’s often for illicit finance. It’s an extremely inefficient way of conducting transactions, and the amount of energy that’s consumed in processing those transactions is staggering,” the former Fed chairwoman said. Yellen’s comments have been cited as a reason for bitcoin’s recent losses. However, Yellen’s assessment of bitcoin as a inefficient medium of exchange is an important point and one that has already been raised in the past by bitcoin bulls. Using a volatile asset in exchange for goods and services makes little sense if the asset can tumble 10% in a day, or surge 80% over the course of a two months as bitcoin has done in 2021, critics argue. To put a finer point on it, over the past 12 months bitcoin has registered 8 corrections, defined as a decline from a recent peak of at least 10% but not more than 20%, and two bear markets, which are defined as falls of 20% or more, according to Dow Jones Market Data.
