there would be no way to link votes to voters other than snatching their receipt out of their hands as they left.
Well, that's a real possibility. Also, timing based identification, PRNGs being predictable, and others that I'm not thinking of at the moment. "Drop your receipt when you pick up your timecard"!
Although this is obviously the way the world works, I would point out it both a) leaves us open to insider trading and b) distorts the free market via incomplete information among consumers.
There are a lot of non-kinetic responses that could be effective, ranging from sanctions and embargoes (not even that costly in Russia's case), to confiscating assets of their leaders throughout the western world, to simply cutting them off the Internet. Keep in mind that no one wants to rule a parking lot (Putin, Xi and Kim don't want nuclear war).
I mean, we can discuss a blacklist vs. an automated score and the differences if you like. As well as the importance of whether the system is used to punish dissenters or a constrain security risks.
Mining is, essentially, a bunch of computers try to crack a password that another bunch of computers made up (and forgot) in the previous mining step.
So, pretty much less beneficial than either option you suggested. At least when computers play with themselves we get computers who are really good at Go.
The city doesn't need to ban currency mining. They need to fix their electricity tariff (rates).
They banned mining for 18 months until they finish finalized new rates
It probably means that a bunch of other things about their electricity and water and government services are priced incorrectly / being abused as well.
The city has a hydroelectric dam on city property. As part of the agreement to let a power company run it, they get a certain amount of heavily subsidized electricity. It worked fine for years until bitcoin mining came around.
What can you do? All these local/town governments were set up with rules dating from 50 years ago, and they've never changed or adapted since.
Well, you can change the rules or ban mining. Personally, I'm not sympathetic to Silicon Valley's "I invented a new technology, now the laws in place have to change to accommodate me" attitude.
You're right. How are they going to find an activity highly correlated with (and outlawed because of) consuming tons of electricity. Why, you would need to track how much electricity every building in town uses.
China has been hacking the US for longer than Russia and far more pervasively. They just don't bother to monkey in our elections, because they're already winning either way. Russia actually has US politicians who will stand up to them (although they don't seem to have won many elections.)
While the station sold for $18 million, you have to ask what debts it had. After all, Newsweek sold a few years ago for a single dollar. The domain name newsweek.com is worth more than a single dollar.
The typical value of the spectrum for a radio station (just the rights to broadcast on it) are worth more than $23 million. And then the transmitter, etc...
Look at Mark Cuban's investor newspaper. Its business model was to research and publish news about companies, but between research and publication Mark would invest in them (long or short positions). The SEC sued him. His blog has a lot of details.
Oh, certainly you're right. But it's not clear that it was as easy to see Uber had something physical and Theranos wads using other people's equipment in 2008 (or whenever). It's easy to imagine a crackdown on Uber that made that company worthless and seems easy to imagine there could be some super machines that made Teranos real.
I'm not defending Theranos. I'm saying it kinda makes sense that investors got conned.
And yes, Theranos was more of scam that WorldCom or Enron.... hell, you can make the case it was more of a scam than Madoff!
Slashdot Mirror
I'm just shocked the EFF hasn't joined them. After all, the telecoms keep telling me its good for me as a consumer and for the Internet as a whole.
When did you last buy a smartphone?
Well, that's a real possibility. Also, timing based identification, PRNGs being predictable, and others that I'm not thinking of at the moment. "Drop your receipt when you pick up your timecard"!
As long as he doesn't mind cutting it out of his hand for the conductor, I'd imagine that's fine.
If you cut the serial number out of a piece of currency, do you think you still can spend that small rectangle?
It's not grooming the citizenry for compliance. It's China. They're already mostly compliant. It's about enforcement at this point.
But spy32545434warecle4ner.ru is where I get all my porn!
Fab is a common term of art for a facility that produces chips.
Although this is obviously the way the world works, I would point out it both a) leaves us open to insider trading and b) distorts the free market via incomplete information among consumers.
There are a lot of non-kinetic responses that could be effective, ranging from sanctions and embargoes (not even that costly in Russia's case), to confiscating assets of their leaders throughout the western world, to simply cutting them off the Internet. Keep in mind that no one wants to rule a parking lot (Putin, Xi and Kim don't want nuclear war).
I mean, we can discuss a blacklist vs. an automated score and the differences if you like. As well as the importance of whether the system is used to punish dissenters or a constrain security risks.
The problem with any system like this is due process.
Mining is, essentially, a bunch of computers try to crack a password that another bunch of computers made up (and forgot) in the previous mining step.
So, pretty much less beneficial than either option you suggested. At least when computers play with themselves we get computers who are really good at Go.
Did you even read the fucking summary??
They banned mining for 18 months until they finish finalized new rates
The city has a hydroelectric dam on city property. As part of the agreement to let a power company run it, they get a certain amount of heavily subsidized electricity. It worked fine for years until bitcoin mining came around.
Well, you can change the rules or ban mining. Personally, I'm not sympathetic to Silicon Valley's "I invented a new technology, now the laws in place have to change to accommodate me" attitude.
You're right. How are they going to find an activity highly correlated with (and outlawed because of) consuming tons of electricity. Why, you would need to track how much electricity every building in town uses.
Because the spikes on their backs hurt when you jump on them.
China has been hacking the US for longer than Russia and far more pervasively. They just don't bother to monkey in our elections, because they're already winning either way. Russia actually has US politicians who will stand up to them (although they don't seem to have won many elections.)
It's not opportunity cost. It's just actual cost. Glass costs more to make, and ship (due to heavier weight).
While the station sold for $18 million, you have to ask what debts it had. After all, Newsweek sold a few years ago for a single dollar. The domain name newsweek.com is worth more than a single dollar.
The typical value of the spectrum for a radio station (just the rights to broadcast on it) are worth more than $23 million. And then the transmitter, etc...
I hope WalMart stays around for a long time. Monopolies are bad. Very bad.
Remember, Amazon is losing money now to develop dominance. The idea is once they developed dominance, they'll cash in.
Look at Mark Cuban's investor newspaper. Its business model was to research and publish news about companies, but between research and publication Mark would invest in them (long or short positions). The SEC sued him. His blog has a lot of details.
Hey, leaving an audit trail is part of his job!
Oh, certainly you're right. But it's not clear that it was as easy to see Uber had something physical and Theranos wads using other people's equipment in 2008 (or whenever). It's easy to imagine a crackdown on Uber that made that company worthless and seems easy to imagine there could be some super machines that made Teranos real.
I'm not defending Theranos. I'm saying it kinda makes sense that investors got conned.
And yes, Theranos was more of scam that WorldCom or Enron.... hell, you can make the case it was more of a scam than Madoff!
In fairness, Uber was run just as opaquely and with as little regard for regulatory agencies. And I would have loved to have invested in Uber.