this. The wealthy have freedom to keep their money and generally do with it as they wish. Same as they have school choice, can avoid the TSA, stay out of prison, etc. Different rules for them.
The middle and lower classes live under an oppressive regime that largely keeps them this way, to the benefit of the wealthy. Both the wealthy and the politcal classes are quite satisfied with this state of affairs.
I uninstalled the Facebook app when I found its background service responsible for 10% of my battery life. I only ever want to use it to upload a picture or two (upload via https://m.facebook.com/ on Android browsers has been broken for a while).
I'm wondering if they've improved this at all with this Home work. In the mantime, does anybody here know of a way to specifically or generally turn off such a background process? If I kill it, it comes right back.
The people protected by the FDIC are not the same as the people taking wild risks.
Think a layer deeper. Because the bank customers don't care if their management takes wild risks (due to FDIC) then the bank management does take those risks. And more often than not, they get rewards for those risks (they're not all stupid, by far). Most of the time the bankers are paid handsomely for taking such risks. The numbers who suffer due to a bank failure are minimal, but the FDIC is there to protect their downside (liability for deposits) when they do.
If the insurance were private, wild risks would be restricted by the insurance companies' premiums. If it were non-existent the customers would at least have some reason to care what was to become of their money. I wouldn't personally use an uninsured bank, but they would be able to offer higher rates on savings and lower rates on loans than an insured bank.
Doubling the amount of physical currency in circulation would have little effect on inflation.
Right, but the Fed has more than doubled to total number of USD in recent years.
Moving to gold as the US currency would have little effect on inflation.
If you mean gold coins, sure, as long as they could keep adding zeros to the digital USD. If the USG were restricted to a gold-backed USD, the could not simply create more of it.
Moving to bitcoin as the US currency would have little effect on inflation.
I can't see how this could happen, but even if it did, how could the USG inflate the bitcoin supply?
The physical (or virtual) artifact used as a barter intermediary barely matters.
Well, if you want to use currency on a global basis anonymously, bitcoin has advantages over tally sticks.
The FDIC is there to reassure people that even if their particular bank is having issues that they still will be able to get to their money because the government is there to back them up.
Right, this is what allows bank customers to not care at all about how risky their banks' activities are.
Bank runs start because people think they cannot get to their money. If the money is insured there is less chance of them doing this.
We'll see what happens once the current FDIC fund is exhausted.
It's not 1995 anymore - grow up - automobiles have door locks now.
About once a month I find a car in a parking lot with its lights left on, outside a restaurant or a bar, etc. If the door is unlocked, I simply turn them off and go about my business. If the door is locked, I simply go about my business.
All of these things are a risk/benefit calculation. I leave my car doors unlocked, but I purposely chose to live in a low-crime locale, so some of my bets are hedged.
This is MIT's admission that they can't secure a network without locking it down. Note that those are two different things, just that doing one makes the other simpler. MIT can't make their network a low-crime locale, which is different that the trajectory they were on in the early 90's, where they had people doing the very best work on secure networks.
unless we have modern nuclear plants, fusion, or some other next gen energy source
Yet, we have those ready for commercialization and now these aluminum batteries. With only the existing nuclear waste from light water reactors and a build out of distributed Integral Fast Reactors, we could run all the vehicles on Earth for the next 90 years - as of today, with existing technology. Branson even wants to fund them.
What's stopping us from being off of fossil fuels for transportation? The same governments that want to tax the carbon output. No conflict of interest there.
It's a shame you didn't manage to get your hands on any of the good reference books or Apple ][ magazines. I had a clone too (Laser 128) but also had some good books and the library had A+ on subscription.
I applaud the creation of Bitcoin, but really, would you trust your $10,000 more on a server somewhere or in an FDIC-covered bank?
Remember, the FDIC has about $25B in treasury notes (not cash, that's long gone) in its fund to cover about $10T in deposits, and most of the insured banks have very low ratios (perhaps 10% cash-on-hand at most). If there's ever a bank run, the FDIC can't stop it.
What the FDIC does is give the banking class license to invest wildly, without their customers caring at all what their banks do. Classic moral hazard.
The thing bitcoin has going for it is that nobody can double the amount of money in circulation and make the value of your coins worth half in turn. Of course it's really volatile, so while good for money transfer, don't store too much of your wealth in it long term.
For wealth storage, there's little subsitute for real assets these days.
(x) it doesn't make the return from doing illegal activities negative (x) it doesn't make the people who deserve to go to prison go to prison
Note that only the first one there has an impact on people with impulse control issues, who are ordinarily the less successful folks economically and more likely to be involved with shady endeavours.
Going to prison is so distant in time, there's so little chance of being caught, and there's even less of a chance of being sent away.
Attacking the economics is always more effective than promising retribution, for this reason (immediate, real, negative feedback). We'll talk about how this ought to affect societal organization on a macro scale another day.;) It should affect communications protocols that we're designing today, though.
and that they should dial as PRIVATE or BLOCKED if they want to proceed
That's fair - I block those numbers myself on inbound (they have the right, as do I). Your customers are fortunate to you have your depth of customer service commitment.
It may be more expensive to man a 5-year monitoring effort than to build a hotter sinker to speed up the process.
If I could expand your proposal a bit - once it's past the ice, let the second stage attach to the bottom of the ice sheet and spread out a bunch of antennas, and then drop a third-stage ROV to do the actual exploration. I think that would call for a total of three RTG's, but it would probably be worth the effort for expanded range. The main melting RTG would double as the ROV's power source, since they'd both need substantial power.
Yeah? I do my daily work via a VNC connection to localhost (I run a headless VNC instance for my main work desktop, 1920x1200x32 so it's portable). I usually forget and only notice when the videos don't have sound. I often do work from home to it on a 7Mbps DSL connection and only see lag on full-screen re-draws). Both ends are tigervnc.
Oh, and pointers to a working PulseAudio HOWTO on doing multi-user sound are welcome.
Help me find the motivation to spend time learning a Mozilla language and develop a program with it when so many of its projects just get the axe when they lose their shine. If even Thunderbird is subject to being eliminated, that makes Mozilla the Firefox group again (back to NCSA Mosaic) as far as what they can be counted on to stay behind.
Hrm, perhaps I just answered my own question - when parts of Firefox are built with Rust, then it'll be safe to try. Heck, even XPCOM is still alive.
It's also worth noting that they were selling food from on campus concessionary services.
Ah. Most of these are cash cows for the universities. Perhaps the concern here is that Crunchbutton would obviate the need for their dining halls, and then once the delivery business was well-established they'd start working with outside food providers, thereby eliminating the need for Brown's dining services cartel.
Finding some weak legal means to make threats may be the cheapest way to head-off such competition.
But Oracle's BTRFS plays the same role and is even better.
Wow, you haven't deployed either of them at scale, have you?
There's still frequent data corruption going in btrfs land and you'll be in for major pain if you try to host a VM storage file on it. They did recently fix the abysmal fsync performance, which is good, and a cursory fsck is available now. The kernel folks are still figuring out how to do cache devices in the dm stack and send/receive are still experimental.
The benefits to btrfs being what we want it to be are huge, so folks like Fedora keep wishing it were ready (default on F16... now maybe F20) but real experience shows it's not really out of alpha yet. Since Oracle is still selling ZFS, it would be hard to see why they would put significant resources into creating a free alternative at this point.
You're just bitter that they send the roboticists away for reprogramming, aren't you? But with non-scarcity they need something for humans to do. Walk outside the ship to fix dangerous stuff? Great; and even better if a few float away or get eaten by space monsters.
The TSA's actions are entirely inconsistent with security and entirely consistent with behavioral conditioning for a population. It's only massive cognitive dissonance driven by susceptibility to induced fear that keeps it in place.
Clearly everybody involved with Bitcoin does not want to be regulated - if they did it would have been designed differently.
So the actual question here is, "should an unregulated currency be allowed to exist?" Or, without the euphemisms and passive voice, "should we bust the heads of people who use an unregulated digital currency?"
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this. The wealthy have freedom to keep their money and generally do with it as they wish. Same as they have school choice, can avoid the TSA, stay out of prison, etc. Different rules for them.
The middle and lower classes live under an oppressive regime that largely keeps them this way, to the benefit of the wealthy. Both the wealthy and the politcal classes are quite satisfied with this state of affairs.
I uninstalled the Facebook app when I found its background service responsible for 10% of my battery life. I only ever want to use it to upload a picture or two (upload via https://m.facebook.com/ on Android browsers has been broken for a while).
I'm wondering if they've improved this at all with this Home work. In the mantime, does anybody here know of a way to specifically or generally turn off such a background process? If I kill it, it comes right back.
The people protected by the FDIC are not the same as the people taking wild risks.
Think a layer deeper. Because the bank customers don't care if their management takes wild risks (due to FDIC) then the bank management does take those risks. And more often than not, they get rewards for those risks (they're not all stupid, by far). Most of the time the bankers are paid handsomely for taking such risks. The numbers who suffer due to a bank failure are minimal, but the FDIC is there to protect their downside (liability for deposits) when they do.
If the insurance were private, wild risks would be restricted by the insurance companies' premiums. If it were non-existent the customers would at least have some reason to care what was to become of their money. I wouldn't personally use an uninsured bank, but they would be able to offer higher rates on savings and lower rates on loans than an insured bank.
Doubling the amount of physical currency in circulation would have little effect on inflation.
Right, but the Fed has more than doubled to total number of USD in recent years.
Moving to gold as the US currency would have little effect on inflation.
If you mean gold coins, sure, as long as they could keep adding zeros to the digital USD. If the USG were restricted to a gold-backed USD, the could not simply create more of it.
Moving to bitcoin as the US currency would have little effect on inflation.
I can't see how this could happen, but even if it did, how could the USG inflate the bitcoin supply?
The physical (or virtual) artifact used as a barter intermediary barely matters.
Well, if you want to use currency on a global basis anonymously, bitcoin has advantages over tally sticks.
NIMBY, No Growth Lefties, Anti Nuclear, Anti Wind Farm, Anti Hydro Electric, Right Wing Texas Oilmen ...
And how do all of those prevent fast breeder reactors from being built by private enterprises?
The problems aren't technical, not really.
Agreed.
The FDIC is there to reassure people that even if their particular bank is having issues that they still will be able to get to their money because the government is there to back them up.
Right, this is what allows bank customers to not care at all about how risky their banks' activities are.
Bank runs start because people think they cannot get to their money. If the money is insured there is less chance of them doing this.
We'll see what happens once the current FDIC fund is exhausted.
It's not 1995 anymore - grow up - automobiles have door locks now.
About once a month I find a car in a parking lot with its lights left on, outside a restaurant or a bar, etc. If the door is unlocked, I simply turn them off and go about my business. If the door is locked, I simply go about my business.
All of these things are a risk/benefit calculation. I leave my car doors unlocked, but I purposely chose to live in a low-crime locale, so some of my bets are hedged.
This is MIT's admission that they can't secure a network without locking it down. Note that those are two different things, just that doing one makes the other simpler. MIT can't make their network a low-crime locale, which is different that the trajectory they were on in the early 90's, where they had people doing the very best work on secure networks.
Thank you for your work on Sourceforge.
unless we have modern nuclear plants, fusion, or some other next gen energy source
Yet, we have those ready for commercialization and now these aluminum batteries. With only the existing nuclear waste from light water reactors and a build out of distributed Integral Fast Reactors, we could run all the vehicles on Earth for the next 90 years - as of today, with existing technology. Branson even wants to fund them.
What's stopping us from being off of fossil fuels for transportation? The same governments that want to tax the carbon output. No conflict of interest there.
It's a shame you didn't manage to get your hands on any of the good reference books or Apple ][ magazines. I had a clone too (Laser 128) but also had some good books and the library had A+ on subscription.
I applaud the creation of Bitcoin, but really, would you trust your $10,000 more on a server somewhere or in an FDIC-covered bank?
Remember, the FDIC has about $25B in treasury notes (not cash, that's long gone) in its fund to cover about $10T in deposits, and most of the insured banks have very low ratios (perhaps 10% cash-on-hand at most). If there's ever a bank run, the FDIC can't stop it.
What the FDIC does is give the banking class license to invest wildly, without their customers caring at all what their banks do. Classic moral hazard.
The thing bitcoin has going for it is that nobody can double the amount of money in circulation and make the value of your coins worth half in turn. Of course it's really volatile, so while good for money transfer, don't store too much of your wealth in it long term.
For wealth storage, there's little subsitute for real assets these days.
(x) it doesn't make the return from doing illegal activities negative
(x) it doesn't make the people who deserve to go to prison go to prison
Note that only the first one there has an impact on people with impulse control issues, who are ordinarily the less successful folks economically and more likely to be involved with shady endeavours.
Going to prison is so distant in time, there's so little chance of being caught, and there's even less of a chance of being sent away.
Attacking the economics is always more effective than promising retribution, for this reason (immediate, real, negative feedback). We'll talk about how this ought to affect societal organization on a macro scale another day. ;) It should affect communications protocols that we're designing today, though.
and that they should dial as PRIVATE or BLOCKED if they want to proceed
That's fair - I block those numbers myself on inbound (they have the right, as do I). Your customers are fortunate to you have your depth of customer service commitment.
It may be more expensive to man a 5-year monitoring effort than to build a hotter sinker to speed up the process.
If I could expand your proposal a bit - once it's past the ice, let the second stage attach to the bottom of the ice sheet and spread out a bunch of antennas, and then drop a third-stage ROV to do the actual exploration. I think that would call for a total of three RTG's, but it would probably be worth the effort for expanded range. The main melting RTG would double as the ROV's power source, since they'd both need substantial power.
I use vnc on my unix servers and vnc is awful.
Yeah? I do my daily work via a VNC connection to localhost (I run a headless VNC instance for my main work desktop, 1920x1200x32 so it's portable). I usually forget and only notice when the videos don't have sound. I often do work from home to it on a 7Mbps DSL connection and only see lag on full-screen re-draws). Both ends are tigervnc.
Oh, and pointers to a working PulseAudio HOWTO on doing multi-user sound are welcome.
Help me find the motivation to spend time learning a Mozilla language and develop a program with it when so many of its projects just get the axe when they lose their shine. If even Thunderbird is subject to being eliminated, that makes Mozilla the Firefox group again (back to NCSA Mosaic) as far as what they can be counted on to stay behind.
Hrm, perhaps I just answered my own question - when parts of Firefox are built with Rust, then it'll be safe to try. Heck, even XPCOM is still alive.
It's also worth noting that they were selling food from on campus concessionary services.
Ah. Most of these are cash cows for the universities. Perhaps the concern here is that Crunchbutton would obviate the need for their dining halls, and then once the delivery business was well-established they'd start working with outside food providers, thereby eliminating the need for Brown's dining services cartel.
Finding some weak legal means to make threats may be the cheapest way to head-off such competition.
You die, and it turns out you were wrong and there is a God. What do you say?
The skeptic says, "in light of this new data, I have a new working hypothesis."
I'd guess it was "Straight Outta Compton"
or "Straight Outta Krypton", in this case.
Oh, wait, that was Addis Ababa, not Morocco.
the prospect of both should bring galaxy-buster-scale weapons into play. :munch munch munch:
All Apple proved was that their engineers had a very shallow understanding of ZFS.
I wouldn't say that - they have an independent company now continuing the project and many people like it.
Steve Jobs killed the project because Jonathan Schwartz blabbed to the press that Apple was going to embrace it, and nobody punks Steve Jobs, or ELSE!
But Oracle's BTRFS plays the same role and is even better.
Wow, you haven't deployed either of them at scale, have you?
There's still frequent data corruption going in btrfs land and you'll be in for major pain if you try to host a VM storage file on it. They did recently fix the abysmal fsync performance, which is good, and a cursory fsck is available now. The kernel folks are still figuring out how to do cache devices in the dm stack and send/receive are still experimental.
The benefits to btrfs being what we want it to be are huge, so folks like Fedora keep wishing it were ready (default on F16... now maybe F20) but real experience shows it's not really out of alpha yet. Since Oracle is still selling ZFS, it would be hard to see why they would put significant resources into creating a free alternative at this point.
You're just bitter that they send the roboticists away for reprogramming, aren't you? But with non-scarcity they need something for humans to do. Walk outside the ship to fix dangerous stuff? Great; and even better if a few float away or get eaten by space monsters.
The TSA's actions are entirely inconsistent with security and entirely consistent with behavioral conditioning for a population. It's only massive cognitive dissonance driven by susceptibility to induced fear that keeps it in place.
Clearly everybody involved with Bitcoin does not want to be regulated - if they did it would have been designed differently.
So the actual question here is, "should an unregulated currency be allowed to exist?" Or, without the euphemisms and passive voice, "should we bust the heads of people who use an unregulated digital currency?"