What apple should do is transfer an undeletable copy to the users personal icloud that they can use forever (or until apple goes tits up). Then it doesnt matter if they stop offering it from their main servers, users who have bought it will always have a copy.
Nonsense argument in the context of inflation. That's like saying that if I sit at home creating new fiat currencies that will inflate existing fiat currencies. Huh? There is an similarly infinite supply of fiat currencies.
Yes you can creat new fiat currencies however typically there are only 1 per country.. However you can create as many alt coins as you want and as with any new software they are built to be better than the last. So what stops users changing from one alt coin to the next? You dont have this option when you are using the local currency. If your in Australia you can only use the australian dollar and that dollar is backed by the government so unless the government goes broke your fiat is perfectly fine.
Many cryptos have utility. Ever heard of smart contracts?
Yes smart contracts are a good utility, howeve there is no lock in unless one crypto becomes the default way to do contracts. What stops me changing to a new smart contract provider? The issue is it is too easy to create another coin/smart contract/blockchain thing. The only defining asset a crypto has is the amount of people using it.
How is "garbage in garbage out" a problem? (that's a typical trait of most systems)
Agree, garbage in garbage not a problem if you are using a coin that has a decent following. If its full of garbage no one would be using it.
No you can't.... well not in the same way cryptos can. The blockchain provides a layer of trust and mechanisms for transactions (that maintain this trust relationship). The fact it uses "numbers" is an implementation detail.
Again you could make the same argument for fiat currency (a piece of paper with a number on it, heck I'll print you some now!).
The parent was saying that he could create a new alt coin and sell coins in it for bugger all capital investment. A lot harder to create a fiat currency and sell it.
Yes it is next to impossible to forge a bitcoin and very hard and illegal to forge fiat.
You've changed from discussing "crypto currencies" to now being specific about BTC.
There are many 'anonymous' cryptos if you're wanting one. BTC is not one.
Agree.
Fiat currencies are a flat out failure and will collapse at some point. Something will replace them, it may be crypto currency, it may not.
Ask yourself: Why does a currency need an underlying asset of value? (yes it's a common trait, but not a required one). What is the underlying asset behind fiat currencies? There's not a whole lot of difference between either except one was here first and the other provides a bunch of additional features (think inflation).
Fiats are not a failure, there is a reason for fiat, yes governments can and do abuse it by printing billions which can turn into inflation (or even worse: hyperinflation) . On the other hand having it locked to a physical asset like gold can cause the money supply to dry up which is another set of problems. see Why the Gold Standard Is the World's Worst Economic Idea, in 2 Charts I think having any blockchain as currency and its limited nature is like having a gold standard, which means your screwed in recessions. So I dont think any government is going to allow cryptos as a standard medium of exchange unless they are allowed to increase its supply ( Then cryptos are basically fiat. )
Jesus Christ! I mean, these ladies aren’t starvin to death. They make minimum wage. I used to work minimum wage, and when I did I wasn’t lucky enough to have a job that society deemed tipworthy.
That's not how basic universal income works.. everyone gets the $2500k, even the rich guys. The poorer worker would get $2500 universal income + $2600 they earned.
Meeting random people you are correct as you would meet more white murderers than black murderers however that same data adjusted for population:
Murder and nonnegligent manslaughter
White Pop 223,600,000 - 8,506 - 0.004% - 1 in 26,287 of murdering someone in a year
Black Pop 42,000,000 - 4,101 - 0.010% - 1 in 10,241 of murdering someone in a year
Well, then, isn't it a good thing that delivery services never operate across language boundaries and nobody ever sends packages across those boundaries.
I cant read italian. Although I can cut and paste: blocchi.seduta.indici
I agree with you. From a business point of view Worker B had 1000 moron viewers who clicked on the bait then the ads and generated more money than Worker A's smarter viewers and only clicked on 10 ads. Worker B made more money with less time so he is promoted and this is why we see click bait content everywhere simply because it is more profitable. I like most others here find it awful but this is what the net has become (internet 2 - the search for more money). At least we can recognise click bait and avoid it.
Incidentally, you know why automatically measuring productivity can go tits up very quickly.
From smarter viewers point of view, not from a profit / moron perspective. So is there any incentive for good, well researched articles? The only things I can think of is pay walls or the hobbyist who doesn't have a pure profit motive. For ad based revenue you probably want the morons eyeballs.
I've never even heard of the "Expanding Vacuum theory".
He may be talking about Dark Energy? Great ted talk on this at 9min30sec http://www.ted.com/talks/patri... although i think it goes hand in hand with the big bang.
Slashdot Mirror
What apple should do is transfer an undeletable copy to the users personal icloud that they can use forever (or until apple goes tits up). Then it doesnt matter if they stop offering it from their main servers, users who have bought it will always have a copy.
Nonsense argument in the context of inflation. That's like saying that if I sit at home creating new fiat currencies that will inflate existing fiat currencies. Huh? There is an similarly infinite supply of fiat currencies.
Yes you can creat new fiat currencies however typically there are only 1 per country.. However you can create as many alt coins as you want and as with any new software they are built to be better than the last. So what stops users changing from one alt coin to the next? You dont have this option when you are using the local currency. If your in Australia you can only use the australian dollar and that dollar is backed by the government so unless the government goes broke your fiat is perfectly fine.
Many cryptos have utility. Ever heard of smart contracts?
Yes smart contracts are a good utility, howeve there is no lock in unless one crypto becomes the default way to do contracts. What stops me changing to a new smart contract provider? The issue is it is too easy to create another coin/smart contract/blockchain thing. The only defining asset a crypto has is the amount of people using it.
How is "garbage in garbage out" a problem? (that's a typical trait of most systems)
Agree, garbage in garbage not a problem if you are using a coin that has a decent following. If its full of garbage no one would be using it.
No you can't .... well not in the same way cryptos can. The blockchain provides a layer of trust and mechanisms for transactions (that maintain this trust relationship). The fact it uses "numbers" is an implementation detail.
Again you could make the same argument for fiat currency (a piece of paper with a number on it, heck I'll print you some now!).
The parent was saying that he could create a new alt coin and sell coins in it for bugger all capital investment. A lot harder to create a fiat currency and sell it. Yes it is next to impossible to forge a bitcoin and very hard and illegal to forge fiat.
You've changed from discussing "crypto currencies" to now being specific about BTC.
There are many 'anonymous' cryptos if you're wanting one. BTC is not one.
Agree.
Fiat currencies are a flat out failure and will collapse at some point. Something will replace them, it may be crypto currency, it may not.
Ask yourself: Why does a currency need an underlying asset of value? (yes it's a common trait, but not a required one). What is the underlying asset behind fiat currencies? There's not a whole lot of difference between either except one was here first and the other provides a bunch of additional features (think inflation).
Fiats are not a failure, there is a reason for fiat, yes governments can and do abuse it by printing billions which can turn into inflation (or even worse: hyperinflation) . On the other hand having it locked to a physical asset like gold can cause the money supply to dry up which is another set of problems. see Why the Gold Standard Is the World's Worst Economic Idea, in 2 Charts I think having any blockchain as currency and its limited nature is like having a gold standard, which means your screwed in recessions. So I dont think any government is going to allow cryptos as a standard medium of exchange unless they are allowed to increase its supply ( Then cryptos are basically fiat. )
Like Kim Kardashian is worth $175 Million but her value to society...
You can use companys that trade fractions of gold like goldmoney.com and then yes you can buy a stick of gum with gold and a .05% transaction charge.
Your right, they will sue. Asshats hate being called Bob Murray.
Jesus Christ! I mean, these ladies aren’t starvin to death. They make minimum wage. I used to work minimum wage, and when I did I wasn’t lucky enough to have a job that society deemed tipworthy.
That's not how basic universal income works.. everyone gets the $2500k, even the rich guys. The poorer worker would get $2500 universal income + $2600 they earned.
..because as our good friend Ed glaringly pointed out you can't be trusted.
No, they don't
Meeting random people you are correct as you would meet more white murderers than black murderers however that same data adjusted for population:
Murder and nonnegligent manslaughter
White Pop 223,600,000 - 8,506 - 0.004% - 1 in 26,287 of murdering someone in a year
Black Pop 42,000,000 - 4,101 - 0.010% - 1 in 10,241 of murdering someone in a year
(population from 2010 census)
Well, then, isn't it a good thing that delivery services never operate across language boundaries and nobody ever sends packages across those boundaries.
I cant read italian. Although I can cut and paste: blocchi.seduta.indici
I agree with you. From a business point of view Worker B had 1000 moron viewers who clicked on the bait then the ads and generated more money than Worker A's smarter viewers and only clicked on 10 ads. Worker B made more money with less time so he is promoted and this is why we see click bait content everywhere simply because it is more profitable. I like most others here find it awful but this is what the net has become (internet 2 - the search for more money). At least we can recognise click bait and avoid it.
Incidentally, you know why automatically measuring productivity can go tits up very quickly.
From smarter viewers point of view, not from a profit / moron perspective. So is there any incentive for good, well researched articles? The only things I can think of is pay walls or the hobbyist who doesn't have a pure profit motive. For ad based revenue you probably want the morons eyeballs.
You already have that ability, it's called an election.
Hahahah - you crack me up. They decide after the election how to misspend our tax dollars.
What if the Robot was the collection of tools like the Auto Hamper, Washing Machine, Dryer, Folding/Ironing Bot, Transport Bot?
This was the Triggertrap ADA a seperate device with modular sensors like a fricking lazer.
I've never even heard of the "Expanding Vacuum theory".
He may be talking about Dark Energy? Great ted talk on this at 9min30sec http://www.ted.com/talks/patri... although i think it goes hand in hand with the big bang.
The second link goes into the void.