All of the things you claim that are driving the price are really binary transactions. If person A buys btc to do a thing on your list, person B who receives them needs to convert to cash. The drug dealer needs to buy more inventory. The money launderer needs to continue the process of layering his money. The casino needs to pay out winners and take profits. The ransomware guys, who really don't make much in the grand scheme of things, also have bills to pay.
You really think all of this accounts for 42 billion in USD volume over the last 30 days????
Yes it is. The only ad's that I see these days are reasonably well-targeted youtube ads on my kid's device. Those are just the same as broadcast commercials. The rest is garbage.
Sadly Canada takes a less the friendly view to American visitors. Something like 17-20% of Americana has been convicted of driving under the influence making them ineligible for entry into Canada. The overwhelming majority of these cases are misdemeanor offenses. Felony DUI is a fairly rare and serious crime, but Canada treats misdemeanor offenders of this type as ineligible felons. That is of course unless you pay a fine to Canada to demonstrate you have been rehabilitated. What amounts to international double jeopardy. Although I don't drink, I have been to enough security conferences to suspect higher representation in this category amoung attendees.
The loyalty agreement you speak of is a fiduciary duty. It's not some contract, it's a legally defined obligation. By being an officer of Proper Media, Green had this obligation as a mater of law.
The rest of the story is well worth a read. This is a shareholder dispute. One shareholder is trying to take over the company from its other, 50/50 owners. The gofundme appears to be making wild claims about what is happening. Its been widely reported that Mikkelson (an original 50% owner) has been treating the company like his personal piggy bank in various prior legal actions. To put his dispute with his prior cofounder to bed, she sold 50% interest to this new group of owners and then appears to have gotten back to the same stuff that caused the dispute with the prior cofounder.
It's far more than that. The group that bought out the wife claims they have been frozen out of management and the other partner is draining funds from the company. the complaint paints a dirty picture:
"Mikkelson was unhappy that Barbara maintained ownership of half of what he always considered to be his company after the divorce. Thus, after Proper Media’s purchase of Barbara’s share, Mikkelson sought to finally gain control of Bardav by aligning and conspiring with Green. Although Green purportedly holds only a small fraction of Bardav’s equity (which he only holds for the benefit of Proper Media), when combined with Mikkelson’s 50% interest, it would purportedly give Mikkelson majority control of the company."
The issue is there is a person that by their continued existence creates a "problem". The conspiracy argued here is that Sloot was killed to stop his invention. I am arguing that there are similar economic incentives and far more shady people involved in the bitcoin debate. It's just not as easy as killing this guy or that guy or we would have a lot more dead bodies in the world.
I agree the microdots had nothing to do with her arrest. The main thing that made the case is when she was confronted, she admitted to everything. Everything before that is circumstantial. She very well may have been proved to have printed it. But proving that she leaked or even removed it is another matter all togeather. It is a perfectly reasonable explanation that she printed the document to review on paper and it was stolen from her desk or from whatever document destruction process they follow. It's easy to come up with reasonable doubt. Criminal cases are very hard and that's a good thing, but not when you confess when confronted.
So if you use 2 Trillion as your favorite number taxes have to only increase every single tax or source of revenue by 52% consider where the government gets its money http://www.pgpf.org/finding-solutions/understanding-the-budget/revenue and think what that would really mean. Federal taxation is a economies of scale issue. Rich people or corporations literally do not have the money to cover our bills. It has to hit the masses of people. In 2009 if you taxed everyone with over $1mil in AGI made a total of 727 billion. If you taxed them at 100% you would be able to pay for your current government (2009 numbers to match data, but is lower by a lot) + 2tril UBI for 1.8 Months. If you seized and sold off all of the stock for every company in the SP500 you would get $20 trillion, so that's great the corporations must have some money. But that would pay for your budget for 4 years, but it's not realistic. Let's look at their income, the SP500 has a P/E ratio of 25.70 currently, that's 25.70x what they earn so about 800 billion. Taxing them at 100% gets you two more months. Where is the rest going to come from?
If FICA went into a real trust account it would be worth considering, bu tit doesn't. All of the proceeds go into the general fund and are spent on current bills. It's a tax disguised as something else and is part of the gross receipts of the federal government. Its expenditures are part of the gross outlays. So if you remove FICA revenue and SS related revenue, you need to dramatically more than double the every tax rate, as FICA accounts for about 1/3 of federal revenue http://www.pgpf.org/finding-solutions/understanding-the-budget/revenue
$727 billion in income was reported by the million-and-up set in 2009, based on the adjusted gross income line on the federal tax return. In the same year, you could have run the $3.5 trillion federal government for about 2.5 months on that income. The rich do not have enough money!
Rich are fine and the middle class gets their standard of living dragged far closer to those on UBI. It is a fact that the rich can not pay the bills, they are too large. The middle class will be the ones who pay for this.
it's basically 4 trillion dollars so they would have to double the federal budget to pay for this. Bare minimum, everyone's tax rate doubles. This is based on total outlays vs total income. Remember that FICA is just another source of income for the feds, an effective ~15% tax before any income tax is considered. Then there is all the excise, corporate, etc taxes. It's easy to say they can get the money, but there are not enough rich people to just stick with the bill. It will land on the middle class like every other tax increase does and we will be stuck with a standard of living much closer to those on universal basic income.
Netflix works because it is easier than piracy. Ejecting the very small number of rooted android users won't stop people ripping Netflix content when you can still watch the movies on a computer...
I am at a complete loss how this political interest story has anything to do with news for nerds? I can find politically interesting shit to argue about over at the politically interesting news and comment sites.
Thankfully we live in a civilized world where possibility of injury isn't relevant and only real injury is. If we were to believe that a minor seizure happened to a person who has a history of seizures we are talking about only a very minor injury. Maybe a punch in the face for the average person, not quite the federal offense that is implied here.
Slashdot Mirror
All of the things you claim that are driving the price are really binary transactions. If person A buys btc to do a thing on your list, person B who receives them needs to convert to cash. The drug dealer needs to buy more inventory. The money launderer needs to continue the process of layering his money. The casino needs to pay out winners and take profits. The ransomware guys, who really don't make much in the grand scheme of things, also have bills to pay.
You really think all of this accounts for 42 billion in USD volume over the last 30 days????
Don't even talk about ID and voting in the same sentence in the united states. Both sides will appear and start acting like rabid dogs.
Sounds like another attempt at a national ID. I am sure it will go as well as all the past efforts.
Yes it is. The only ad's that I see these days are reasonably well-targeted youtube ads on my kid's device. Those are just the same as broadcast commercials. The rest is garbage.
You mock our insane criminal justice system but then go on to mock its victims
Sadly Canada takes a less the friendly view to American visitors. Something like 17-20% of Americana has been convicted of driving under the influence making them ineligible for entry into Canada. The overwhelming majority of these cases are misdemeanor offenses. Felony DUI is a fairly rare and serious crime, but Canada treats misdemeanor offenders of this type as ineligible felons. That is of course unless you pay a fine to Canada to demonstrate you have been rehabilitated. What amounts to international double jeopardy. Although I don't drink, I have been to enough security conferences to suspect higher representation in this category amoung attendees.
Being charged for their convenience in selling you a ticket is a scam
The loyalty agreement you speak of is a fiduciary duty. It's not some contract, it's a legally defined obligation. By being an officer of Proper Media, Green had this obligation as a mater of law.
You got it backward, the person who put up the gofundme is trying to cut Proper Media out. See their complaint.
The rest of the story is well worth a read. This is a shareholder dispute. One shareholder is trying to take over the company from its other, 50/50 owners. The gofundme appears to be making wild claims about what is happening. Its been widely reported that Mikkelson (an original 50% owner) has been treating the company like his personal piggy bank in various prior legal actions. To put his dispute with his prior cofounder to bed, she sold 50% interest to this new group of owners and then appears to have gotten back to the same stuff that caused the dispute with the prior cofounder.
It's far more than that. The group that bought out the wife claims they have been frozen out of management and the other partner is draining funds from the company. the complaint paints a dirty picture:
"Mikkelson was unhappy that Barbara maintained ownership of half of what he always considered to be his company after the divorce. Thus, after Proper Media’s purchase of Barbara’s share, Mikkelson sought to finally gain control of Bardav by aligning and conspiring with Green. Although Green purportedly holds only a small fraction of Bardav’s equity (which he only holds for the benefit of Proper Media), when combined with Mikkelson’s 50% interest, it would purportedly give Mikkelson majority control of the company."
It still took them several years and millions of dollars to figure it out.
https://medium.com/@WhalePanda/i-was-wrong-about-ethereum-804c9a906d36
The issue is there is a person that by their continued existence creates a "problem". The conspiracy argued here is that Sloot was killed to stop his invention. I am arguing that there are similar economic incentives and far more shady people involved in the bitcoin debate. It's just not as easy as killing this guy or that guy or we would have a lot more dead bodies in the world.
If it were just as easy to kill off someone to "solve" an issue like this then the bitcoin scaling debate would have been resolved a long time ago...
I agree the microdots had nothing to do with her arrest. The main thing that made the case is when she was confronted, she admitted to everything. Everything before that is circumstantial. She very well may have been proved to have printed it. But proving that she leaked or even removed it is another matter all togeather. It is a perfectly reasonable explanation that she printed the document to review on paper and it was stolen from her desk or from whatever document destruction process they follow. It's easy to come up with reasonable doubt. Criminal cases are very hard and that's a good thing, but not when you confess when confronted.
So if you use 2 Trillion as your favorite number taxes have to only increase every single tax or source of revenue by 52% consider where the government gets its money http://www.pgpf.org/finding-solutions/understanding-the-budget/revenue and think what that would really mean. Federal taxation is a economies of scale issue. Rich people or corporations literally do not have the money to cover our bills. It has to hit the masses of people. In 2009 if you taxed everyone with over $1mil in AGI made a total of 727 billion. If you taxed them at 100% you would be able to pay for your current government (2009 numbers to match data, but is lower by a lot) + 2tril UBI for 1.8 Months. If you seized and sold off all of the stock for every company in the SP500 you would get $20 trillion, so that's great the corporations must have some money. But that would pay for your budget for 4 years, but it's not realistic. Let's look at their income, the SP500 has a P/E ratio of 25.70 currently, that's 25.70x what they earn so about 800 billion. Taxing them at 100% gets you two more months. Where is the rest going to come from?
If FICA went into a real trust account it would be worth considering, bu tit doesn't. All of the proceeds go into the general fund and are spent on current bills. It's a tax disguised as something else and is part of the gross receipts of the federal government. Its expenditures are part of the gross outlays. So if you remove FICA revenue and SS related revenue, you need to dramatically more than double the every tax rate, as FICA accounts for about 1/3 of federal revenue http://www.pgpf.org/finding-solutions/understanding-the-budget/revenue
$727 billion in income was reported by the million-and-up set in 2009, based on the adjusted gross income line on the federal tax return. In the same year, you could have run the $3.5 trillion federal government for about 2.5 months on that income. The rich do not have enough money!
Rich are fine and the middle class gets their standard of living dragged far closer to those on UBI. It is a fact that the rich can not pay the bills, they are too large. The middle class will be the ones who pay for this.
it's basically 4 trillion dollars so they would have to double the federal budget to pay for this. Bare minimum, everyone's tax rate doubles. This is based on total outlays vs total income. Remember that FICA is just another source of income for the feds, an effective ~15% tax before any income tax is considered. Then there is all the excise, corporate, etc taxes. It's easy to say they can get the money, but there are not enough rich people to just stick with the bill. It will land on the middle class like every other tax increase does and we will be stuck with a standard of living much closer to those on universal basic income.
Netflix works because it is easier than piracy. Ejecting the very small number of rooted android users won't stop people ripping Netflix content when you can still watch the movies on a computer...
He should cut a deal with Musk, I am sure SpaceX can get the job done.
I am at a complete loss how this political interest story has anything to do with news for nerds? I can find politically interesting shit to argue about over at the politically interesting news and comment sites.
Thankfully we live in a civilized world where possibility of injury isn't relevant and only real injury is. If we were to believe that a minor seizure happened to a person who has a history of seizures we are talking about only a very minor injury. Maybe a punch in the face for the average person, not quite the federal offense that is implied here.