You forgot something!

As was looking at a few matters, Reuters gives us an article (at https://www.reuters.com/technology/google-says-shared-network-costs-is-10-year-old-idea-bad-consumers-2022-09-26/). The article named ‘Google says shared network costs is 10-year-old idea, bad for consumers’, it seems fair from a distance, but it is not. You see the smaller detail is seen in “a push by European telecoms operators to get Big Tech to help fund network cost”, so first we get misinformation, mistreatment and mismanagement form players like Orange, Vodafone, KPN, BEN, Deutsche Telekom and several others. And not THEY want big tech to pay for their stupidity? You have got to be effing kidding me. And as stated, it is a 10 year old idea, as such we see another stage where the European Commission shows itself to be useless, lacking creativity and a mere populous that enjoys the gravy train and gives and produces nothing of value. It seems harsh, but this setting was clear from 2009 onwards when we saw the gaps all over Europe and now that 5G is becoming more and more important, the mobile players in Europe are onestep short of becoming useless and pointless and when Elon Musk’s Star-thingamajig becomes active, these players are done for. So when we see “Deutsche Telekom, Orange, Telefonica and other big operators have long complained about tech rivals free-riding on their networks, saying that they use a huge part of internet traffic and should contribute financially.” And my issue here, is it really free-riding? I have a certain bandwidth, it is used for Google, LinkedIn, Twitter and a few other parts. I PAY FOR THIS AS DO OTHERS! So how is Google Free-riding? How are other big-tech free-riding? Will we get a clear explanation for that? The article also gives us “Google, owner of YouTube, has done its part to make it more efficient for telecoms providers by carrying traffic 99% of the way and investing millions of euros to do so” and there is also the part that I am willing to accept that they did these investments for selfish reasons, but that is not against the law, is it? I reckon the moment Google makes a deal with Elon Musk and we can all ‘freely’ use that network these telecom companies will cry like little chihuahua’s, the los of data they were capturing will end a few matters and that is not what we see here, are we?

Matt Brittin, president of EMEA business & operations at Google also gives us “In 2021, we invested over 23 billion euros in capital expenditure – much of which is infrastructure,” OK, fair, but I still believe that this was slightly selfish for Google business anchoring. I am not complaining and neither are many others, but that is part of the setting, the Telecom companies are realising that they are about to go the way of the Dodo (like newspapers last year) and now they cry and they require the European gravy train to fix their shortfall, their shortcomings and their lack of innovation. And they are losing more, if Saudi Arabia buys my IP, the evidence will put them in prime position to get my 5G as well and then the market changes even further. It makes sense, as Neom was the inspiration for it, should they not enjoy the benefit? 

It is at that point the clown comes to play. We see that with “EU digital chief Margrethe Vestager urging them to ensure that companies generating the largest traffic on network infrastructure should contribute in a fair and proportionate manner to the costs.” And exactly why to I make the clown reference? You see, most of the traffic is generated by USERS, by PEOPLE who want to know things and most of them seek it on Google, these PEOPLE PAY for that bandwidth, so let hope the clowns in Strasbourg wake up and smell the waterlilies. The generation is made by PEOPLE and they paid for that right, the rest is not on Google, but I reckon that Margrethe Vestager is part of the gravy train that needs to satisfy the needs of the exploitative telecom companies. And is it not strange that the people who paid for this service now see that Google must pay for this? I am certainly surprised, aren’t you?

But that is the shortsightedness of politicians for you.

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Seasoning too

To be honest, it is actually all about season two, but I am typing this whilst I am hungry. My mind is calling for all kinds of images of lamb cutlets. I have no idea how many I can eat, but it is a lot and I is hungry. So whilst the season ended with finding of finding Hades alive, season two will start with the grandson (Nikolaos) experiencing Tartarus and growing in the process. As the fountains are brought back to life, we learn in the first episode why they stopped functioning. We also learn (after a while) that time stops in tartarus, as such there are portals to tartarus, but tartarus cannot be part of this world. There is an essential step here but I am avoiding it for now. What happens is about the setting of Hades and if we see that pollution weakens all, the fact that the dead fuel Hades, will make him seem the most powerful of the three gods, none of them realised that over 175,000 day every day last year alone. It is a rather larger stage and even as not all enter tartarus, the massive amount that do clogged the fountains, as the fountains are brought back, Hades will be getting more and more power and becomes the most powerful of the three main gods. The other two are diminished due to pollution. So there is the initial stage. Pollution is not going to stop, so this works for us as a story. So as Nikolaos comes out of Tartarus in episode three which gives an implied timespan of 3 weeks and he will learn that he only missed 10 minutes. Season two will set a larger stage with Hecate, it will also call the setting with his real mother (Macaria) and father (Ares). Both stayed away from him for reasons and we get to learn of one of those reasons. Ares will give us the next leg of the race. I need to see to a few items to find a reason why he would be in Yemen. Then we get a few more items that intertwine with the blood of helios and we see that there is more at play. In the meantime Hades is gaining strength. So I need to add a story of Nikolaos getting taught sweet death by his mom (Macaria). From there we are set in a stage where I need to adjust the view from the mortal to the immortal but I am still working on that. I reckon that season 2 will contain 8 episodes with a nice cliffhanger that will reveal a new challenge. 

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Freebee for Majid

Yes, that happens. I get an idea that is not really on my plate and I hand it over. And as the Saudi Broadcasting Authority (SBA) is part of the Ministry of Media, it seems only fair that I hand it over to the man with the plan, the man in charge Majid bin Abdullah Al Qasabi. It is up to him to decide if this has any option of succeeding. If someone else takes this on, that is not up to me. I have other issues to deal with. I got this idea whilst watching the remake of Candyman. I like it, it is superior than the previous edition and even as there are a few issues with it, there was no real objections. And whilst I was thinking that through this idea came to mind. 

Riyadh
It was a warm day, the sun was warming everything it touched and in the shadows was a man, his name was Henri Cernuschi, he was a banker, but not related to the Cernuschi family from the late 18th century. He was from Javrezac France and had an economy degree from the Sorbonne in Economie du Development. When he had his degree he had issues getting a job, he had no connections, he was eager to make a mark but in the end he gave his resume to an online place for resume’s and two weeks later the SAMA (Saudi Central Bank) offered him a position in Riyadh. Off course he eagerly accepted and he got to do the things asked of him. French bank papers were scanned and he looked if they were all up to scratch and correct. In the end he was to some extent an overpaid office clerk. He was not complaining, the money was good and he had amassed a nice sum over the last three years. But as all bankers, he got greedy and it was a paper he saw in some evening where he read “they are highly associated with financial risk-taking and gambling behaviours” it took a hold of him and held him in his grasp. If he could instil a level of superstition, he might profit, profit even more. And as such he set out a plan to instil superstition. 

There was no real action in the next few months, but he started to learn as much as he could on Arab superstitions, there was quite the number, yet nothing stood out to him. It was two day later when when he stumbled upon a book regarding the Afreet.

It was not until a bank trip to Jeddah that he started to have an idea. What happened if he could summon an afreet? What happens when that superstition took hold? 

This is the start, I would like to add a lot more, but the general idea come now and not in a story. You see, he starts learning the elements of such a summoning and he does it all nearly flawless, but as he prepared the 4 anchors he accidentally steps on one of the anchors that should keep the afreet to the small space in a basement. He becomes the anchor of the summon and the second part he overlooked that only a sorcerer can hold an Afreet as such the Afreet could break the shackles at any point, yet as anchor the man cannot be harmed and thus starts a larger stage. He does not know what he invited to be attached to his soul and an ancient afreet gets free rein in Riyadh. 

It is one of the clerks that recognises some of the symptoms and soon thereafter she understands the dangers the bank is in and she warns her boss, who does not dismiss the stage. The woman is very afraid and tells him of the stories her grandmother told her. The manager sets in motion a quiet investigation and sees the danger they face and as such he grows an idea to deal with it. He spices up the man’s achievements and sends him on official business to London and sends the spiced resume to people he knows. During the event in London the man is approached by a few companies and in the end one firm takes on his business and as such they invite the afreet.

London
It is one year later, London is in a setting of failed events, failed economics and even more disastrous elements in Fintech. No one can find any relationship. And as the Afreet grows in power, it learns of the crusades, and it becomes a lot more malevolent. Diseases, old diseases start forming in the UK and the weird parts are that the medics find links to St Olave-towards-the-Tower, as well as St Giles-without-Cripplegate. Both places of worship were investigated inch by inch and no findings were found, but they were on the lookout. As the months unfolded the Afreet started to get a lay of the financial land and he wrecks upon it. Banking systems stall and money goes missing. It was an Arabic cybersecurity officer that finds links in the display and links them to the stories of old. As he digs into the data he finds 5 people who have been to the middle east, Henri Cernuschi being one of them.

That’s all I got in a few hours and if you can make more of it, good luck to the Saudi Broadcasting Authority (SBA) for making it into a new kind of horror.

A small note. What happens when the anchor dies? Perhaps it gives the Afreet freedom to go wherever he wants. Just a thought.

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Corporate noun of stupid

Yes, that is the thought. You see, I have had a few issues with Optus recently, the first one is that customer care went into the basement and took the elevator down from there, the second one is that I can get NO information on my account events in the shop, some lesser setting of an individual stopping people and pointing them towards their ‘customer care’, but organised crime and hackers, they get ALL the assistance. Information like email, date of birth, phone number, ID document. Yes they get all the information. And it goes beyond that. If all that information is available to hackers and organised crime, it implies that basic cyber security failed.

And the most stupid of all (as corporate idiots go) we get “no financial information or passwords have been accessed”. We didn’t merely loose something, all the elements to create fake accounts and make fake creation is out and about. For some it will take months to clean up the mess others made, if it can be cleaned up at all. Fake mortgages tend to follow the victim around for the rest of their lives. So the idiot that approved THAT message will be looking for a job soon enough. To trivialise such a massive blunder needs a much larger response and some article stating “However, this breach, like most, appears to come down to human error,” the Optus insider told the ABC.” That with the headline ‘Optus rejects insider claims of ‘human error’ as possible factor in hack affecting millions of Australians’ yes, give it a human error side, but the larger issue might be the insufficient cyber defences at Optus were overcome by hackers endangering the economic lives of millions. So my version is a lot darker than ‘affecting millions of Australians’ but which one will be more accurate? That is the larger stage and that is where the media is very supportive of Optus, but I have seen three issues in one week, so I am not certain it will be this easy. And this is all over the field, it is all over Australia and it will cross borders, especially when we second wave of events pass us by, when? That is anyones guess, but that much identity information is not merely to create a rainbow table, this is optionally the prelude of something more, what? I cannot tell, but you do not get this kind of information to simply show that Optus is asleep at the wheel, this implies purpose, but that is merely my point of view.

As to the answer of the header: “a group of people who are all stupid

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Dopey to some

Yes, Dopey, a name I cloak myself in frequently, that loveable dwarf not right in the mind and that is me to a fault. I just saw Matrix resurrections. I did not really like it, that is not the fault of the actors, they all played their hearts out and you can see that. The story was clever, really clever but the WOW factor was missing. I saw the first three as a complete story and I was fine with it. There was nothing missing. It had the elements of a Greek Tragedy, it had action (a lot of that) and several other sides. I was happy. So when the 4th movie came out, I was not really on par with my thoughts, and it had been close to 2 decades. I still remember the trailer that I saw in Chicago, it blew me away, I saw the movie 8 weeks later in Europe and I saw it more than once. Then the DVD came. I reckon that plenty of people got a DVD player just for this movie and that is saying something. There was a WOW factor that numbers 2 and 3 continued. It was missing here, but it made it not a bad movie, it merely made me less interested and I was not alone in this, but it does not matter. The storyteller in me woke up. I had my own movie considerations. It is called ‘How to assassinate a politician’ and the story was made for the Arab world (Egypt, UAE, Turkey, Saudi Arabia, Pakistan) in this I personally believe it would be a hit, but that I my view. Then my mind created ‘Another Furlong’ after the whole 9 yards with Matthew Perry. Just now I saw the Hulu Trailer of Hellraiser, it might be a hit. Especially if they resurrect the Nightbreed franchise as well, in the comics there have been several interaction between these two and there would be enough materials for either movies of mini series. The mind does not sit still, so as I was contemplating ‘Miss Peregrine’s Home for Peculiar Children’, more important the other books. Not sure if Tim Burton is considering to make the others into movies, but if he is not any of the streamers should consider it. There are so many options, but we get to see (for the most) a newly resurrected version of Death Wish, Robocop, Firestarter or Flatliners. I have nothing against any of these movies. Yet where is thee good stuff? Where is the original stuff? Now, lets be clear Matrix resurrections is original, based on a franchise, but an original story. Yet where are the titans? Another Lord or the Rings? OK, this is the prequel, the rings of power. I grant you that, but we are so about seeing more of the same that we merely endure repetition, this was one of the reasons why I came up with ‘How to assassinate a politician’, not the most important reason, but a reason none the less. I wonder what more I could make. I started to pencil season two on the grandson of Hades (still no title come to mind), I made one on the stage of the past with Kenos Diastima and Residuam Vitam. And past that a few small parts that require evolution. Perhaps it is a dopey thought, but is this what most of us have resorted to? Repetition? I am uncertain but overall I see less awesome movies. I reckon that Maverick is the most overwhelming movie I have seen this year and that is not a good thing. Consider, how many truly good movies have You seen in the last 6 month? If you need more than a minute to name 5, you will be able to see my point of view. With Netflix, Hulu, Disney we see so many more works, but the overall quality is falling down, that is not a good thing. You might have another idea regarding this and that I fine, but I worry what we will get in 2023, 2024 and 2025. That might just be me though.

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Not about the milk

This is a weird story, there is no realism involved (other than that the locations exist), the whole event woke me up and the reason remains unknown to me. I have been thinking of season 2 of the grandson of Hades and I have a few ideas but that is not what stopped me today (at 03:30). The event takes place at the Canadian consulate at Harrington St, The Rocks NSW. I was walking in for some unknown reason and there was a blonde, a gorgeous healthily shaped blonde and it was not herself that took my attention, it was her T-shirt. It was a sort of golden yellow with a white icon (see below)

The icon kept on taking my attention and a few moments later the woman got up lifted her T-shirt (a spectacular view to say the least) and my puzzled look got to her. Is that not what you were looking for? I told her it was the icon, she could not tell me what it was because the T-shirt was a gift. So there I was trying to figure out what I was staring at. The symbol you see is almost what it looks like, it is as close as my wake mind can capture. The back of my mind has a reference to Ontario grain farmers, but I do not know any. At present I have not yet visited Ontario. So why does this bother me, why is this calling to me? It was not bout the woman (yet she was breathtakingly good looking) I cannot find any reference to the symbol or where I might have seen it before, Google was actually no help at all, so I am awake before 5 am and the reason eludes me. So here I am drinking my glass of milk (too early for coffee now) and I am smitten with the puzzle my mind gives me. Now I will probably lose most of the day trying to figure out the symbol and in the end it will be meaningless (one can only hope) and it will not have any relationship to anything I am doing. What a way to start Friday.

Well, this is me trying to get some more sleep, I’ll write more later readers.

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Mr Nitty and Mrs Gritty

We can all go into the nitty gritty of any matter, but it has to be done. I did not avoid my need to do so, yet until there was a decent offer on the table, I would not bother. It is not exactly like that. The larger station is not doing the setting, but to do so without giving the game away to those unwilling to pay for it. And now that the last leg of the race is coming into sight, I need to do something, or better stated, I need to make preparations. As I see it Saudi Arabia will have to create 5 software houses. 2 of these houses represent $80,000,000 of the business each and that would be PER MONTH. 2 houses represent roughly $140 million each and one house represents $160 million. Optionally a sixth house will be needed, but that is more about managing the overall. They represent $500 million a month. And this is the first stage towards a long term income bringer. A stage where Saudi Arabia gets what it wanted, an additional economy not based on oil. And it will be larger than even I initially expected, but as the IP grew, so did the application and now it will take corners from Google, Amazon, Facebook and Microsoft. It was never designed to do that, but as the IP and application grew, so did the overall mass of impact. Now the application can travel via Amazon Luna, or Google Stadia, optionally both, but it will be VIA Riyadh and it will be owned by Saudi Arabia, a stage all the big-tech companies forget about. They were in service of others, or so they claimed to be and now they are about to be partially reduced to channels, to serve the people they channel and there is the rub, there is the crux. Amazon and Google never had a clue because they forgot about the basic need of people. It made sense that Facebook would lose marketshare, but for Google and Amazon to lose them implies that they were always hooking to the wrong horse and as such they started the race on a track where there was no race and no one was watching. Part of me will be curious how far this can go, how large this could become, because I have no idea, but when it catches on it will grow larger than I would have ever considered and now it is one step away from being Saudi IP, it was a choice to make and I was happy to make it because the rest remained clueless, remained in their own shadow all whilst they had no idea that their shadow was shrinking faster than they could comprehend. It is the marketing curse, when you forget what you originally spin, you get to fight the shadows you create and as such have nothing to work with and nothing to win, never ever.

Is it that dark? Yes, it is but is it dark or is it a new beginning? I cannot tell, when you are at the centre of anything, the stage of seeing ones limits are not that dependable. And I prefer my data to be clean and crisp. In addition, I never expected to take this to Saudi Arabia, but then there is only so much deaf, dumb and blind actions one can accept from large corporations claiming to know it all and see it all and proving them wring is it own reward. 

Now, I need to set the station for the first two software houses. They are not the most important part, but they will help create part of the IP and create a larger trained workforce, because without a workforce this will not work the way Saudi Arabia would like it to work, that much I can foresee. 

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Clusters

Clusters are a weird concept. There is the science, the art and the personal which tends to be a blend of both. We think that we love that one person more than all the other grapes in the bunch. We think that we know more than all the other grapes in the cluster of grapes and we watch how all the grapes get squished and we avoided that wreck. Clusters are weird, they are at times like Horoscopes. We merely ‘believe’ them when they are positive. And we are all the same, I in this am no different. I know more than a lot of people in certain areas but not all areas and still I am like all the others, I am the one grape aside from the other grapes in a cluster of idiots. There is no delusional side, it merely is what it is. Yet when you realise this and you start to dimensionalise that cluster of grapes, it is then that you might see structure and that structure is important. It gives size and shape of what you contemplate. I might compare myself to Amazon and Google, but the reality is that my solutions merely outstrip the one grape that Google or Amazon hired to make sense of that structure. When you realise that part you start to understand the company and now you have a new setting. That setting can help you to see what they are missing and optionally where else they are not looking. Yet the cluster is more dangerous than you think. You see one grape, but you do not see the other 143 grapes and what THEY see. That is the larger stage. And it is not limited to Google and Amazon. There is Apple who merely focus on the white grapes, there is Microsoft who is blind to all other grapes, and then there is IBM, SalesForce, SAP, Adobe and many others, all focussing on THEIR vintage, THEIR strengths and that is how it is, but for you it matters where these focal points are. Google is in the news about the news, and when we try to look at the Australian in google search when we click on ‘Google’s ‘News Showcase’ stalls in US as media outlets balk at terms’ we merely get what we see below.

This is the larger stage, the news makes claims but then uses the news to advertise and even as the Australian is the most visible, they are not alone and lets be clear I wanted to see what the news war regarding Google. And yes, others gave me ‘Google films people reacting to the Pixel 7 Pro, confirms pre-order start date’, I was merely curious. I recently got the Pixel 6 and I am happy with that one, the camera is heaps better, the battery is good, the phone is faster and the screen is better. For amount X I got a mobile phone that is well over 3X better. So I doubt I will get the Pixel Pro 7, I will most likely wait for the Pixel Pro 8, or perhaps 9. The previous phone laster me well over 6 years and it did its work. No regrets on previous phones, no regret on this phone. Merely Optus making a mess of too many things, but that is not on Google. Amazon announces its new kindle and the first thing I notice is that it ‘only’ has 32Gb, double the previous one, but instead of just adding 64GB or even 128GB, it keeps the pressure on and I reckon that it will bite them soon enough. In SD card settings it is $10 versus $19, less then twice the price and when you offer something for long term use, storage matters. It gets to be even less nice when you consider “The Kindle Paperwhite 8gb does not have the ability to add more memory via an sd card like the Fire Tablets” this is not asleep at the wheel, this is creating one brand dependancy and that is not a good thing. It does not matter for my IP, but the fact that Amazon is optionally (make sure you see the word optionally) brand dependancy matters, it makes Amazon a lesser choice and they did this too themselves, as such my advice to the Kingdom of Saudi Arabia could go “For the future of your 50,000,000 subscriptions there is now added value of selecting the Google Stadia choice over the Amazon Luna as a choice for the future of your IP. One selection could have that large an impact and as such it is important to see as much of the Kindle cluster as possible, because this could reflect back to people like Andy Jassy. Is it fair? That is not the question. He allowed this to happen on his watch, it is that simple. And it matters because the 32GB would seem enough, but we are not always in reach of decent internet, and as 32GB allows for a decent amount of books, 128GB allows for 400% more and is that not why you travel with your Kindle? It was a simple equation and the grapes of that cluster either missed it, or the grape in the cluster had its own agenda. It sounds simple, too simple. Yet that was where Microsoft was in 2012 and in a decade they are close to going tits up (not in a nice way). They are not a player in the gaming market (no matter what their marketing states), the tablet market went past them and they are close to lose 15% of their cornerstones. Of and when we add Adobe to the mix, they lose even more. This is what asleep at the wheel looks like (or the wrong grape in charge of the bunch, or cluster). So clusters matter. They are often not scientific, but they rely a larger story and that matters too, it also gives rise to other choices YOU will have to make and not all of them can be made on solid numbers, as such the cluster view tends to have a larger or weightier effect. 

There are clearly times when the media cannot be trusted, or the numbers they bring. That is not really their fault at times. Too many stakeholders, too many mouths to go after the Microsoft grape-juice, or whatever grape pie they serve.  We need to make up our own minds and at times the cluster view is not as scientific as we would like it, but it does tend to give a much better view when we realise how to see all (or as many as possible) grapes in the cluster. At times that is all we have, especially when we solely rely on our instincts.

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Equational parts

Today might take a moment. You see I was getting ready to write something else when my brain started to shout in my head. The phrase was ‘shifting sands’. I am uncertain what started that, but when the brain shouts, I tend to listen. I had to look it up as it was kinda familiar but the exact meaning wasn’t clear. The dictionary gave me “used in reference to something that is constantly changing, especially unpredictably” that did not completely helped me, yet a thought was getting hold there. You see, I offered part of my IP to the Kingdom of Saudi Arabia. And even as Amazon and Google decided to ignore the option, I saw the IP for what it was, a stage to something larger and the three elements that it did cover was a lot bigger then the sum of the individual parts, as such I thought I was sitting pretty, even  though I am not great at waiting. So as I was contemplating the individual parts, I suddenly realised that there are additional stages that interact. As such we get “used in reference to elements or parts that are constantly changing towards the engine that supports them, predictable or not” and if I am correct (still uncertain) then the IP picks up a few billion in value. Now, at this point I do not completely care about its total value, but the 20 year sales commission will take a leap forward. So let me try to explain it without compromising the IP. You have a game for example Skyrim, this came has locations and this game has clothing. You can see both as cosmetic parts, but when they become elements of the game they change application. For example cold Skyrim relies on warm clothing, we have (almost) never been been exposed to these elements, but what when that changes? What happens when the bad weather picks up? How useful will a bow be? All elements Skyrim ignored, but what if that is not the case? So what happens when you are dressed for Skyrim and you end up in a place like Valenwood? Now, you can see that when you are in a game like Elder Scrolls or Fallout. But what happens when we go into a game like Diablo? Or even more contextual, I saw today that someone is making Impossible Mission 3, a game franchise that flourished on the CBM64, so some people are picking up the ideas I had and they are evolving them. So what happens when we take the simple game below and make the terminals more interactive and more important, what happens when we do not have limited time, but limited access because elements are still unfound? 

Have you thought of that? I reckon Google did not and neither did Amazon, and no one cares what Microsoft thinks, but Apple remains an option. Now take THAT idea and add the game ‘V’. There on the CBM64, we merely ran from place to place and we were content, but what happens when we add the mini game of Impossible Mission to that game (or the other way round)? 

I had some thoughts in that direction in the past, but I never contemplated a larger stage but when the system is accepted by Saudi Arabia the larger stages become debatable and they become elements of discussion. They are not games, but the same setting applies. The shifting sands elements allow me to grow system one with system two and we get a much larger system 3. Systems like Facebook sort of gave it to you, but they basically added to the junk you had and called it novelty or ‘expanded opportunity’, but we could see that it was merely more for THEM. Yet when these systems are (partially) in YOUR control and you get to decide whether you want system two to enlarge system one? We get a form of system individuality, like a system SHOULD have been all along and that is at the back of my mind (without giving the IP away), as such we could optionally see that the application of shifting sands to a user system will make it truly user friendly, now consider that we add security like WE want it to be, whatever it is. Now we have a new setting, well optionally a new setting but these systems are up to US, like they should have been all along. I just never contemplated it because I was thinking like an American as the expression goes and now I see that more is possible, but the application is a new one, and it is not free of challenges. You see, how can we evolve a closed system? It has to be closed as there is too much cybercrime and cyber theft. There is not a way to make it zero, but we can make it so that only the top tier hackers might get away with it. So whomever the 80 people are that the NAB hires (see previous article), they are all about stopping hackers, whilst the access levels were the ones that required scrutiny. Should you doubt that then consider the news that we got merely an hour ago ‘Major crypto trader Wintermute hit by $160 million hack: CEO’, there we are being told “Decentralised finance platforms and software, which aim to provide crypto-based financial services without traditional gatekeepers such as banks, have been targeted by numerous heists in recent years. The sector is little-regulated and victims of crime rarely have recourse” yes, because hackers really take notice of rules and laws and a bank vault that is open is one they can access, and there is a reason that banks use traditional gatekeepers (pointless or not), the larger stage is that open systems are done for (like Microsoft) a new setting is required and that is what I figured out. I am certain that others have too, but the greed of Fintech is stopping them and as such they lose small amounts like $160,000,000 such is life. And as such the world turns, so congrats you hackers on getting enough to pay next year rent, but at some point Fintech will grow up (or they go out of business). It is merely a matter of time which of the two becomes the winner. 

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It took even less time

This all started some time ago. It was September 7th 2021 when I wrote ‘As banks cut corners’ (at  https://lawlordtobe.com/2021/09/07/as-banks-cut-corners/) In that article I wrote “They merely needed some time, a $2500 computer and a decent internet connection, the pay off would be a 7 figure number and with the speed they are tracked they would be living large in another country with nothing attached to them. That is the current reality and the level of checks and balances that are missing is just too unbelievable for words. Enjoy your bank account (for as long as you still have it)” and what do you know, ABC gives us less than 20 hours ago (at https://www.abc.net.au/news/2022-09-19/adelaide-man-prepares-legal-action-after-being-scammed/101452218) ‘Adelaide man enlists help from former South Australian senator Nick Xenophon after losing $36,000 to scammers’ there we see “Mr Xenophon, now working as a lawyer, is representing Adelaide car salesman Michael Edwards, who lost $36,000 to a sophisticated phone scam earlier this month.” It is one way of looking at it. I personally wonder when the stage of ‘a sophisticated phone scam’ is not met and it is simply the absence of proper checks and balances. The party line of “NAB says recovering money from scammers is often difficult” is a joke. And the setting of “after the call ended, he was still suspicious, and then spent hours on the phone waiting to talk to a real NAB fraud investigator.” Is largely a joke. It is not the man who needs to worry, it is the bank. In a full 5G network the damage will become twentyfold, and the banks need to set larger checks and balances, the fact that we see “I’m working for the NAB, I’ll send you something now on your mobile phone saying he was Mark Jacobs from the fraud department, NAB case number and all the rest of it” implies that the system, the bank system has failed. My first (and optionally incorrect) idea was that any bank has a Java-bean system that sets the stage that the person calling asks the person to start a bank application and goes towards the verification stage. Then the person can give three numbers that are encrypted and only the bank can see these three numbers and they can tell the person what these three numbers are, as such there is verification. Not the scammer gets the upper hand, but the person they try to scam and when that person does not CLEARLY state the three numbers, the person hangs up and presses the alert button. OK, this is old stuff but the stage of verification is underestimated and done away with by banks because of the customer unfriendly factor. So how friendly is losing $36,000 dollars? Things need to change and they need to change fast. When we see ““We’ve seen a significant increase in scams in recent years and its upsetting to see the devastating effects these can have on the impacted victims,” Chris Sheehan from NAB’s Investigations and Fraud group said in a statement” we see a clear setting that changes were essential years ago and soon the banks will not pay for that loss, as such they either improve the setting of security or they pay all losses, but that is merely my view on the matter and the fact that I saw this coming a year ago gives a much larger stage of reckless endangerment of bank accounts by banks. So as people like former South Australian senator Nick Xenophon know the banks have been dropping the ball, the problem is a lot larger. We the people need to realise that ‘simplicity’ of options have a risk. There is a reason why I do not allow for online banking. I have seen this flaw for close to a decade and now we see a case and it is not the first case as plenty of evidence shows. But now it will cost us money and as such the people need to change their habits and change their insufferably need for simplicity and easy access, criminals enjoy your easy access too and one person found that out by donating $36,000 to a scammer. He is not alone and a lot of criminals take a different road, they feel safer getting 50,000 pay outs of $10-$45 then one payout of $36,000. Where the banks stand? You ask them, I doubt you get a clear answer and this issue is playing all over the Commonwealth and the US. Australians lost over $2,000,000,000 last year alone. I have no clear image on how it hits the other nations but these scams are not just bank scams, so the picture is not completely clear, but something needs to be done and some message that 80 people are getting hired is not enough. But that might merely be me yammering on fictive issues. What do you think?

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