He is talking about the bitcoin chain gets bigger every time there is a transaction that uses the bitcoin. This is addressed in the Bitcoin FAQ though.
I love gold zealots. Gold is up 150% vs the dollar in the last 5 years. Are you suggesting that is because gold has become 150% more valuable in industrial processes in the past 5 years? Or is it more likely that Gold is up 150% because of speculation due to unstable currencies and other commodities? Gold has some value in industrial processes yes, and is relatively rare, but so are other commodities that aren't up 150%.
Very true - not the best example. However, a more recent example is the Brazilian Real has lost 20% of its value against the USD in the last 30 days. Currencies fluctuate, and since Bitcoin isn't a heavily used currency it happens to fluctuate a lot. Even a "stable" currency like the US dollar has massive swings. It doesn't mean Bitcoin isn't "worth a shit". I'm not a Bitcoin supporter, but I think it is interesting from a tech perspective.
That makes no sense. Bitcoin is just a currency, like any other, except that it can't be inflated.
No currency "takes into account real world variables". The value of any currency is variable. Bitcoin is much more variable but that is because it isn't heavily used, just like every other non-widely used currency in the world.
Like the German Mark? At one point during WWII one USD equaled 4,000,000,000,000 Marks. Yet the Mark was still used 50 years later and was considered one of the most stable currencies in the world before it was replaced by the Euro.
Who makes all the equipment that you use for your hobby? Who made the computer you are using right now?
Also, are governments not fouling the earth as well? What planet are you living on? Fully half of the Superfund sites in my state are Federal government created sites, mostly Military. And we as the taxpayers didn't get any benefit from it, unless you consider deadly weapons a useful product.
They aren't being tried for doing their jobs, they are being tried for allegedly NOT doing their job. The point is that they intentionally disseminated misleading information and not following the correct procedures, not that they didn't predict earthquakes. At least that is what the prosecutor claims. I have no idea if he is correct or not.
But Android apps and iOS apps are not linux apps. So the argument that no one would use a new OS because no-one would write software for it has been debunked. It is entirely possible to introduce a new OS and have tons of people use it. For example: Android and iOS.
Chasing after Windows is pointless. Microsoft already does Windows better than anyone else.
But in that case he was managing a non-substantial part of Walt Disney (retail stores). The point is if someone is succeeding in managing a substantial part then they should be given more.
Huh? Washington DC was not designed to be inhabited? Where were all the people who worked in DC supposed to live? The Metro didn't exist in the 1700's buddy. There were no suburbs back then.
Wow, you are really clueless. As a homeowner in DC I can say this is one of the best cities to live in, in the US.
Very true. I know the company I work for loves these programs, there is no risk since it is guaranteed money if you win the contracts. It also diverts engineering resources into supporting these programs.
If the primary value is gold is that it is "visually pleasing to most people and very useful in many different processes and industries" then why did the value of gold rise over 700% in the last 10 years? Based on your statement it either has become 700% more visually pleasing or 700% more useful for industry. Gold isn't valuable at all, except people choose to invest in it. If there was no gold, some other metal would be used in the industrial processes.
Obviously the primary value of gold is for speculation and hedging against uncertainty.
Sure I will. I'm going to fire these people. Oh wait, I can't. And the people who can, won't, because of the Teachers Union. Please explain why we are paying 450k to lawyers who "win" these cases.
Why? Why is it MY job to pay attention to this? I don't have kids in public school. I don't have time or the inclination to do this. Did you notice that they last "winner" got about $150k as a "reward" and the lawyer feed were $450k? This is a lawyer money grab nothing more. And you and I are paying for it.
I thought the point of the classic experiment was that you couldn't tell which slit they went through, but they were obviously particles because of the impressions they made on the photo-sensitive paper, but they also obviously traveled in waves because of the interference pattern they made at the end of the experiment.
This may be flamebait but its the truth. Unless the platform is truly open you have no control. Security it out the window because it cannot be independently audited.
Um I have a EE degree so I know how power works. I also know that NY is 3880km from California. You cannot transmit power from NY to California efficiently.
Slashdot Mirror
He is talking about the bitcoin chain gets bigger every time there is a transaction that uses the bitcoin. This is addressed in the Bitcoin FAQ though.
I love gold zealots. Gold is up 150% vs the dollar in the last 5 years. Are you suggesting that is because gold has become 150% more valuable in industrial processes in the past 5 years? Or is it more likely that Gold is up 150% because of speculation due to unstable currencies and other commodities? Gold has some value in industrial processes yes, and is relatively rare, but so are other commodities that aren't up 150%.
Very true - not the best example. However, a more recent example is the Brazilian Real has lost 20% of its value against the USD in the last 30 days. Currencies fluctuate, and since Bitcoin isn't a heavily used currency it happens to fluctuate a lot. Even a "stable" currency like the US dollar has massive swings. It doesn't mean Bitcoin isn't "worth a shit". I'm not a Bitcoin supporter, but I think it is interesting from a tech perspective.
That makes no sense. Bitcoin is just a currency, like any other, except that it can't be inflated. No currency "takes into account real world variables". The value of any currency is variable. Bitcoin is much more variable but that is because it isn't heavily used, just like every other non-widely used currency in the world.
Like the German Mark? At one point during WWII one USD equaled 4,000,000,000,000 Marks. Yet the Mark was still used 50 years later and was considered one of the most stable currencies in the world before it was replaced by the Euro.
I heard the first edict that Tony Bates issued to his employees was that they are now supposed to call him "Master" now instead of "Tony". Get it?
What are you on about? Frigging Walmart sells model rockets and engines.
Who makes all the equipment that you use for your hobby? Who made the computer you are using right now? Also, are governments not fouling the earth as well? What planet are you living on? Fully half of the Superfund sites in my state are Federal government created sites, mostly Military. And we as the taxpayers didn't get any benefit from it, unless you consider deadly weapons a useful product.
Not sure what you are talking about. You can get full featured android based smartphones on pre-paid from AT&T/Virgin/Boost/etc in the US.
T-Mobile US will charge a lower monthly fee if you bring your own phone. So does Metro PCS and some other prepaid carriers.
You mean like Waco, Texas? Or is that not in Texas now?
Hope you are enjoying that 12+% unemployment rate.
They aren't being tried for doing their jobs, they are being tried for allegedly NOT doing their job. The point is that they intentionally disseminated misleading information and not following the correct procedures, not that they didn't predict earthquakes. At least that is what the prosecutor claims. I have no idea if he is correct or not.
But Android apps and iOS apps are not linux apps. So the argument that no one would use a new OS because no-one would write software for it has been debunked. It is entirely possible to introduce a new OS and have tons of people use it. For example: Android and iOS. Chasing after Windows is pointless. Microsoft already does Windows better than anyone else.
But in that case he was managing a non-substantial part of Walt Disney (retail stores). The point is if someone is succeeding in managing a substantial part then they should be given more.
Huh? Washington DC was not designed to be inhabited? Where were all the people who worked in DC supposed to live? The Metro didn't exist in the 1700's buddy. There were no suburbs back then. Wow, you are really clueless. As a homeowner in DC I can say this is one of the best cities to live in, in the US.
Very true. I know the company I work for loves these programs, there is no risk since it is guaranteed money if you win the contracts. It also diverts engineering resources into supporting these programs.
Um fashion is based on "imaginary property". Copyrights, patents, they have it too. Just try to go copy that Gucci and see how far you get selling it.
If the primary value is gold is that it is "visually pleasing to most people and very useful in many different processes and industries" then why did the value of gold rise over 700% in the last 10 years? Based on your statement it either has become 700% more visually pleasing or 700% more useful for industry. Gold isn't valuable at all, except people choose to invest in it. If there was no gold, some other metal would be used in the industrial processes. Obviously the primary value of gold is for speculation and hedging against uncertainty.
Sure I will. I'm going to fire these people. Oh wait, I can't. And the people who can, won't, because of the Teachers Union. Please explain why we are paying 450k to lawyers who "win" these cases.
Why? Why is it MY job to pay attention to this? I don't have kids in public school. I don't have time or the inclination to do this. Did you notice that they last "winner" got about $150k as a "reward" and the lawyer feed were $450k? This is a lawyer money grab nothing more. And you and I are paying for it.
The School District==The Taxpayer==Me. Great. Another check for me to write and I had nothing to do with it.
I thought the point of the classic experiment was that you couldn't tell which slit they went through, but they were obviously particles because of the impressions they made on the photo-sensitive paper, but they also obviously traveled in waves because of the interference pattern they made at the end of the experiment.
This may be flamebait but its the truth. Unless the platform is truly open you have no control. Security it out the window because it cannot be independently audited.
Um I have a EE degree so I know how power works. I also know that NY is 3880km from California. You cannot transmit power from NY to California efficiently.