To clarify, the ultimate record is the crypto key that signs the particular BTC. YOU hold that. Lose it and the BTC is gone forever. However, the BANK doesn't have it. There is no depository agency.
There is no "the" record of BitCoins. It uses a distributed has of the BTC itself. The record and transaction history is spread through the entire system.
Irrelevant. The guarantee is by first the bank then the U.S. Government, regardless of how the funds are recorded.
In the case of Mt. Gox, it is an exchange and not a bank. The only threat would be if you attempted to exchange for a different currency and couldn't because of the DoS. Just like what happened to Bank of America earlier.
Nope. It is suppressed by "Big Physics". Their "recycle the aluminum" isn't what most people think of recycling. It is reprocessing and it takes huge amounts of electricity.
The electricity cost is one reason places like Iceland and Upper Volta have courted ALCOA and other big aluminum smelters. Cheap electricity costs.
Love is found when your first thought during post-coitus isn't "How can I get her to leave? (And maybe get me a sandwich, some chips and a beer on the way out)", but rather "How can I get her to stay? Beer, chips and sandwich optional."
Creator of the universe as claimed by adherents of the faith on planet Viltvodle VI. Their legend has it that the universe was sneezed out of the nose of the Great Green Arkleseizure, and they thus live in perpetual fear of the time they call "The Coming of the Great White Handkerchief."
Considering they were 800 Mb disks in 5 1/4", full-height form-factor, there are options.
Like opening the case up, ripping everything out and replacing it with a SCSI to USB adapter, hub and a multi-terabyte RAID array of USB memory sticks.
Technically that'll be getting the most IN the car, not necessarily out of it -- especially if you have a shitty apartment. Blonde or not, they'll see thru the ruse.
Liens, yes. Seizing a primary residence is almost unheard of now, except in the case of tax fraud. Back in the day this was common, but reform in the 80s changed the rules.
"I can't afford it" will get you liens, garnishment and a payment plan but not your primary residence taken.
"Income tax is Unconstitutional, I refuse to pay" is a whole 'nother story. Better supply your own lube."
The IRS will attach a tax lien on the priory. If/when the property is sold, the lien comes of the top. They no longer have the right to force a tax sale on your primary residence.
Second house, cars, boats, etc yes. Primary residence pretty much no, except in the case of tax fraud.
The only stupidity is yours, for assuming I meant do this immediately. My calculation is valid, except it needs to be amortized over a specified timeframe.
What that timeframe is, I didn't say. Yes, too many people think short-term profits over long-term benefits, but that doesn't make my analysis of money as a proxy invalid.
Money is a proxy here for the input/output ratio of resources, energy and labor.
Not making money means consuming more in energy, resources and labor than you get in return. That in itself isn't good for the planet, or us uncultured swines.
What you probably want to whine about is not producing ENOUGH money to satisfy investors. Then we get into opportunity costs, and deeper into economics that I want to bother going in this post.
"i kan reed" might want to start by reading the linked opinion. The document contains not only the majority opinion, but the dissenting opinion(s) as well. In this case, it was authored by Justice Ginsberg.
Except you don't normally get to ask someone what they want to do with it before you sell it to them. Once the transaction takes place, the purchaser's "intent" doesn't count.
In the United States of America, the strong prey on the weak with the help of the government.
If you think that is just limited to the USA, you need to travel the world more.
Here is a nice selection. Some are even available at modest, 5-figure rates.
http://www.privateislandsonline.com/
To clarify, the ultimate record is the crypto key that signs the particular BTC. YOU hold that. Lose it and the BTC is gone forever. However, the BANK doesn't have it. There is no depository agency.
Hmmm...a business model.
There is no "the" record of BitCoins. It uses a distributed has of the BTC itself. The record and transaction history is spread through the entire system.
When you realize many of the people on the list ARE politicians, you'll have your answer.
Shakespeare had a solution for that.
Irrelevant. The guarantee is by first the bank then the U.S. Government, regardless of how the funds are recorded.
In the case of Mt. Gox, it is an exchange and not a bank. The only threat would be if you attempted to exchange for a different currency and couldn't because of the DoS. Just like what happened to Bank of America earlier.
As for the wallet -- they're fucked.
Nope. It is suppressed by "Big Physics". Their "recycle the aluminum" isn't what most people think of recycling. It is reprocessing and it takes huge amounts of electricity.
The electricity cost is one reason places like Iceland and Upper Volta have courted ALCOA and other big aluminum smelters. Cheap electricity costs.
It is probably hard to type correctly after having his fingers broken multiple times.
Amen to that. One of the best 8-bit games ever!
This. +1
Love is found when your first thought during post-coitus isn't "How can I get her to leave? (And maybe get me a sandwich, some chips and a beer on the way out)", but rather "How can I get her to stay? Beer, chips and sandwich optional."
A fan of H2G2 you are not.
Creator of the universe as claimed by adherents of the faith on planet Viltvodle VI. Their legend has it that the universe was sneezed out of the nose of the Great Green Arkleseizure, and they thus live in perpetual fear of the time they call "The Coming of the Great White Handkerchief."
Considering they were 800 Mb disks in 5 1/4", full-height form-factor, there are options.
Like opening the case up, ripping everything out and replacing it with a SCSI to USB adapter, hub and a multi-terabyte RAID array of USB memory sticks.
So, this is what Valhalla looks like. Impressive.
Technically that'll be getting the most IN the car, not necessarily out of it -- especially if you have a shitty apartment. Blonde or not, they'll see thru the ruse.
Android auto-correct. :-) A nice segue into the tax exempt status of Church property, if you wish.
Liens, yes. Seizing a primary residence is almost unheard of now, except in the case of tax fraud. Back in the day this was common, but reform in the 80s changed the rules.
"I can't afford it" will get you liens, garnishment and a payment plan but not your primary residence taken.
"Income tax is Unconstitutional, I refuse to pay" is a whole 'nother story. Better supply your own lube."
The IRS will attach a tax lien on the priory. If/when the property is sold, the lien comes of the top. They no longer have the right to force a tax sale on your primary residence.
Second house, cars, boats, etc yes. Primary residence pretty much no, except in the case of tax fraud.
Not by the IRS, it wasn't.
Foreclosure happens when you can't pay the mortgage holder. The IRS has nothing to do with it.
The only stupidity is yours, for assuming I meant do this immediately. My calculation is valid, except it needs to be amortized over a specified timeframe.
What that timeframe is, I didn't say. Yes, too many people think short-term profits over long-term benefits, but that doesn't make my analysis of money as a proxy invalid.
You're right, thanks, I left that out.
I didn't mean to imply it was an instantaneous calculation.
In a word, yes.
Money is a proxy here for the input/output ratio of resources, energy and labor.
Not making money means consuming more in energy, resources and labor than you get in return. That in itself isn't good for the planet, or us uncultured swines.
What you probably want to whine about is not producing ENOUGH money to satisfy investors. Then we get into opportunity costs, and deeper into economics that I want to bother going in this post.
And the problem with your reasoning is you have no experience in the industry and are just spewing shit out of your ass.
Here, I'll link it for you to make it easy.
http://en.wikipedia.org/wiki/Structuring
The irony is thick with this one.
"i kan reed" might want to start by reading the linked opinion. The document contains not only the majority opinion, but the dissenting opinion(s) as well. In this case, it was authored by Justice Ginsberg.
Except you don't normally get to ask someone what they want to do with it before you sell it to them. Once the transaction takes place, the purchaser's "intent" doesn't count.
"I changed my mind" is all it would take.
http://en.wikipedia.org/wiki/First-sale_doctrine
Follow the links on "alienation of goods" and "restraint of alienation" if you want to dig into it.