The "get in early" aspect applies to lots of things that are not pyramid schemes. If that was enough to make the determination, then the whole of financial markets would be a pyramid scheme.
If you are of that opinion, well, fair enough, but that doesn't invalidate Bitcoin.
Being backed by a government means that it's backed by the common interests of a large population, and that it's backed by the laws of the country. These provide predictability/stability.
Bitcoin is not yet backed by the common interests of a large population, but it is backed by the rules built into the software. While bitcion is unstable right now, it is most likely because of the small common interest population (the relative small size of the goods market), its rules are more stable than a governments, and from the perspective has the potential to be more stable if it ever gains a large enough common interest population.
Re:Sugar is not only toxic but it's addictive.
on
Is Sugar Toxic?
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· Score: 1
Have you considered that there is more than just sugar in Coke?
Re:High fructose corn syrup is slow acting poison.
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Is Sugar Toxic?
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· Score: 1
Normal sugar is just as bad. RTFA.
Re:Sugar is not only toxic but it's addictive.
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Is Sugar Toxic?
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· Score: 2
If you read the article you will notice that they specifically state that HFCS is no better or worse than table sugar, and that they both get processed by your body in the same way. The difference between HFCS, white and brown table sugar (sucrose) is marginal and irrelevant.
... the code changes every time you login. Memorizing it will do you no good. That is, in fact, the point. To compromise the second factor, you need to have the phone.
I think you misunderstand. First: It's optional. You have to specifically decided to use it. Second: You will not need to remember anything. It is generated by your phone each time you need it. Third, If you decide to use it, but don't want to use it every time, you can have it set to be required every X number of days.
it will suffer from MASSIVE deflation as its value spikes to $10+k to 1 BTC
The deflation of BTC as it appreciates does seem to be a significant problem. It will really encourage people to hang on to the currency instead of spend it. Why would I buy a pound of coffee this week for 3BTC if I could buy one next week for 2BTC. I've not seen anyone address this.
If entire world only used BTC, the value would have to be millions of dollars per 1 BTC. ha!!
Yes, but that is actually built into the idea of the system. For that reason bitcoins are divisible up to 8 decimal places. As the value goes up, you end up working with smaller divisions of the currency's base unit, just as with inflation you end up using higer multiples of the base currency. It cost 200USD in todays currency to buy what you might for 10USD in 1900. Effectively if the entire planet was using BTC we'd all be paying for things in nano BTC, no problem.
This is not at all insightful. I never have mod points when I need them.
There's a little to be said for increasing muscle mass, and that's about all.
It's already said in an earlier post, but: muscle mass *is* important, weight is *not*. Weight is almost irrelevant, it's body fat percentage that's important. Repeat after me "I am trying to be healthy, not just lower the number on the scale"
If there's one thing I dont like about the geek community, it's that there's alot of "but of course; I always knew that; this isn't news" bull shit. And half the time it's about something that's wrong or it misses the point. Even when it isn't about something that's incorrect, its ugly and arrogant. Just stop.
I'm not sure what you're complaining about: that they didn't use it soon enough, or that you think they used the bullets first? I live in Pittsburgh, and work in Lawrenceville section of town where the first serious protests of the week happened. My co-workers and I went out to watch and followed the march around for a while. They pretty much immediately used the LRAD as the first round. The CS (pepper) gas was also used after the LRAD, and I didn't see any rubber bullets/bean bag rounds being used, but hear they were used much later.
I witnessed this confrontation here which I think was the second time the march encountered the police. The first time they only used the LRAD. I managed to get an empty canister of the gas once the police left.
It looks like they got a little more brutal when they went to the Pitt campus. I think by that time some shop windows had been broken, and there were people setting dumpsters on fire.
Damnit! Do you have any idea how long it took me to figure out what you were talking about, why a termite would require an ignition source, and why anyone would want to reply to a post suggesting that somehow a termite might be useful?
I'm not sure if you meant it as a bash, but you might be surprised to know that popularity/who-you-know matter *more* in most other countries, not less.
That thing is so freaking long. Good luck getting your team to read it, much less follow it. We recently looked at using that where I work and it got tossed for that reason.
I think that poem provides interesting insight into Chinese sentiment, but also exposes the misunderstanding involved.
As another poster mentioned, that is how democracy and free society work. US society does the same thing to itself. Criticism is extremely important in evolving a healthy free society.
Are there problems with communism? Yes. Are there problems with capitalism? Yes. Should a government who has the problems associated with either be criticized for them? Yes.
On the other hand is there some hippocracy in some of the criticism that comes from "the West"? Yes. Are some of these issues exploited for political reasons? Yes. On both sides? Yes.
Does it invalidate the criticism? No (mostly).
I think it's true that we don't understand each other. From a western perspective, part of the issue seems to be a concept in eastern society that everything requires harmony. Chinese culture seems to worship politeness and avoid at all cost confrontation. In the west at least it doesnt work that way. If you avoid confrontation you can never deal with problems honestly. And there will always be someone arguing with you telling you did it wrong no matter what you do. That is an important part of our success and progress.
I think what "The West" really wants from China, is for them to participate in open discussion and arguments, and free society. And because China is becoming so powerful, it is becoming more and more important to "us" and why there is so much more attention on China now.
Slashdot Mirror
The "get in early" aspect applies to lots of things that are not pyramid schemes. If that was enough to make the determination, then the whole of financial markets would be a pyramid scheme.
If you are of that opinion, well, fair enough, but that doesn't invalidate Bitcoin.
Being backed by a government means that it's backed by the common interests of a large population, and that it's backed by the laws of the country. These provide predictability/stability.
Bitcoin is not yet backed by the common interests of a large population, but it is backed by the rules built into the software. While bitcion is unstable right now, it is most likely because of the small common interest population (the relative small size of the goods market), its rules are more stable than a governments, and from the perspective has the potential to be more stable if it ever gains a large enough common interest population.
Have you considered that there is more than just sugar in Coke?
Normal sugar is just as bad. RTFA.
If you read the article you will notice that they specifically state that HFCS is no better or worse than table sugar, and that they both get processed by your body in the same way. The difference between HFCS, white and brown table sugar (sucrose) is marginal and irrelevant.
Why would they need to be a bank to be sued?
You're crazy.
And... there is an application that doesn't require your phone number.
... so then don't use this option. It is an option after all.
... the code changes every time you login. Memorizing it will do you no good. That is, in fact, the point. To compromise the second factor, you need to have the phone.
I think you misunderstand. First: It's optional. You have to specifically decided to use it. Second: You will not need to remember anything. It is generated by your phone each time you need it. Third, If you decide to use it, but don't want to use it every time, you can have it set to be required every X number of days.
NPR's Planet Money: "How Fake Money Saved Brazil"
So basically, this is like "collector items", not currency. A very scare "resource", if you can call it that.
How is that different from gold?
it will suffer from MASSIVE deflation as its value spikes to $10+k to 1 BTC
The deflation of BTC as it appreciates does seem to be a significant problem. It will really encourage people to hang on to the currency instead of spend it. Why would I buy a pound of coffee this week for 3BTC if I could buy one next week for 2BTC. I've not seen anyone address this.
If entire world only used BTC, the value would have to be millions of dollars per 1 BTC. ha!!
Yes, but that is actually built into the idea of the system. For that reason bitcoins are divisible up to 8 decimal places. As the value goes up, you end up working with smaller divisions of the currency's base unit, just as with inflation you end up using higer multiples of the base currency. It cost 200USD in todays currency to buy what you might for 10USD in 1900. Effectively if the entire planet was using BTC we'd all be paying for things in nano BTC, no problem.
"It is better than traditional wireless communication since systems such as WI-FI, 3G Networks and Bluetooth all require magnetic radio waves."
Oh, so that's the difference between light and other parts of the EM spectrum. Here I always thought it was just wave length...
I'm glad that science reporter was there to help educate the public. >:/
Trying to outsmart them is a fallacy.
I don't think you know what that word means...
relevant: http://www.youtube.com/watch?v=VLPsSZf5YKY
This is not at all insightful. I never have mod points when I need them.
It's already said in an earlier post, but: muscle mass *is* important, weight is *not*. Weight is almost irrelevant, it's body fat percentage that's important. Repeat after me "I am trying to be healthy, not just lower the number on the scale"
If there's one thing I dont like about the geek community, it's that there's alot of "but of course; I always knew that; this isn't news" bull shit. And half the time it's about something that's wrong or it misses the point. Even when it isn't about something that's incorrect, its ugly and arrogant. Just stop.
Is there a package and UI that supports this, or are you referring to setting up the interface as ad-hoc and turning on IP-forwarding?
I'm not sure what you're complaining about: that they didn't use it soon enough, or that you think they used the bullets first?
I live in Pittsburgh, and work in Lawrenceville section of town where the first serious protests of the week happened. My co-workers and I went out to watch and followed the march around for a while. They pretty much immediately used the LRAD as the first round. The CS (pepper) gas was also used after the LRAD, and I didn't see any rubber bullets/bean bag rounds being used, but hear they were used much later.
I witnessed this confrontation here which I think was the second time the march encountered the police. The first time they only used the LRAD. I managed to get an empty canister of the gas once the police left.
It looks like they got a little more brutal when they went to the Pitt campus. I think by that time some shop windows had been broken, and there were people setting dumpsters on fire.
And the key to finding compatible hardware is?
Damnit! Do you have any idea how long it took me to figure out what you were talking about, why a termite would require an ignition source, and why anyone would want to reply to a post suggesting that somehow a termite might be useful?
It turns out spelling is important...
Slashdotters' spelling.... grumble, grumble, grumble,
I'm not sure if you meant it as a bash, but you might be surprised to know that popularity/who-you-know matter *more* in most other countries, not less.
That thing is so freaking long. Good luck getting your team to read it, much less follow it. We recently looked at using that where I work and it got tossed for that reason.
Can you normally?
I think that poem provides interesting insight into Chinese sentiment, but also exposes the misunderstanding involved.
As another poster mentioned, that is how democracy and free society work. US society does the same thing to itself. Criticism is extremely important in evolving a healthy free society.
Are there problems with communism? Yes. Are there problems with capitalism? Yes. Should a government who has the problems associated with either be criticized for them? Yes.
On the other hand is there some hippocracy in some of the criticism that comes from "the West"? Yes. Are some of these issues exploited for political reasons? Yes. On both sides? Yes.
Does it invalidate the criticism? No (mostly).
I think it's true that we don't understand each other. From a western perspective, part of the issue seems to be a concept in eastern society that everything requires harmony. Chinese culture seems to worship politeness and avoid at all cost confrontation. In the west at least it doesnt work that way. If you avoid confrontation you can never deal with problems honestly. And there will always be someone arguing with you telling you did it wrong no matter what you do. That is an important part of our success and progress.
I think what "The West" really wants from China, is for them to participate in open discussion and arguments, and free society. And because China is becoming so powerful, it is becoming more and more important to "us" and why there is so much more attention on China now.