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  1. Re:If imaginary money is stolen is it still theft? on $500 Million Worth of Cryptocurrency Stolen From Japanese Exchange (cnbc.com) · · Score: 1

    Sure they are. Try printing your own dollars and then tell me that the currency is not backed by force.

  2. Re:If imaginary money is stolen is it still theft? on $500 Million Worth of Cryptocurrency Stolen From Japanese Exchange (cnbc.com) · · Score: 1

    "Fiat" means authority. Which is what fiat currencies are backed by: an authority derived from force.

  3. No, he clearly means seconds who can step in if the gentlemen is indisposed.

  4. Re:"government" ... corporate ... same thing. on Elon Musk To Stay At Tesla For Another Decade (arstechnica.com) · · Score: 2

    But we already have a well understood term for when corporate interests and governence overlap to such a strong degree: facism. All they need now is some mind of incompetant populist to act as ringmaster...

  5. Re:Is there any other option, Linus? on Linus Torvalds Calls Intel Patches 'Complete and Utter Garbage' (lkml.org) · · Score: 1

    Yes.

    Cache state is affected by speculation - meaning it is definite rather than speculative. Intel fucked up further, hence their Meltdown problems on top.

  6. Re:Is there any other option, Linus? on Linus Torvalds Calls Intel Patches 'Complete and Utter Garbage' (lkml.org) · · Score: 5, Informative

    Somebody with mod-points should mod up the AC parent. They are completely correct.

    The design flaw is not in using speculation or branch-predication. It is allowing the side-effects of instructions in those streams to be visible in the machine before the branches are retired. This is really basic stuff - I remember a discussion about this very issue in a processor design course back in '00 - '01.

    Intel gambled that the state of the cache was not visible to the programmer. Flush+reload showed that they were wrong.

  7. Re:Yes. Yes it is. on Is Finland's Universal Basic Income Trial Too Good To Be True? (theguardian.com) · · Score: 1

    And so we reach conflicting claims within the same source - why should we trust it?

    Lets do a basic sanity check to see if the ”source” is conplete bullshit or not. Given the claimed median income for Sweden, what is the take-home and gross salary of a worker on the median salary?

    How does this compare to the official figures from SCB?

  8. Re:Yes. Yes it is. on Is Finland's Universal Basic Income Trial Too Good To Be True? (theguardian.com) · · Score: 2

    Oh dear, irony levels have hit maximum. I suggest that you read a bit more carefully. Yes, the claim that you quote is made in the article that you link to. But is it true?

    Well, in the article that you link to they provide a link to the underlying dataset from the OECD that they used. The link is actually the part that you bolded in your quote. Let's follow that link to http://stats.oecd.org/Index.as... and continue reading.

    You need to click the sidebar pull out on the right-side to get the metadta description:

    It contains a number of standardised indicators based on the central concept of “equivalised household disposable income”, i.e. the total income received by the households less the current taxes and transfers they pay, adjusted for household size with an equivalence scale.

    So no, they explicitly do NOT take into account taxes and include social benefits. This is a flat-out lie in the article that you have linked to. Perhaps you should read a little deeper instead of TL;DR + TSOTWTSWS...

  9. Re:Warren is right and wrong.... on Warren Buffett Predicts 'Bad Ending' for Cryptocurrencies (cnbc.com) · · Score: 1

    No, you have misunderstood what fiat means: backed by force. If you dick around with a country’s currency enough they have an army to stop you.

    It is more accurate to say bitcoin is not even a fiat currency.

  10. Re:Yes. Yes it is. on Is Finland's Universal Basic Income Trial Too Good To Be True? (theguardian.com) · · Score: 5, Interesting

    The main flaw in that study (that I can find after a couple of minutes) is that the statistics are completely wrong. The median income figures used are *post-tax*. The swedish figures are ignoring the income used to pay for everything in the state:

    * free healthcare.
    * free education.
    * paid parental leave.
    * subsidized childcare.
    * much much more.

    The correct comparison is the gross income figures. In the swedish case somebody earning around the median level is paying about 25% in direct (visible) taxation, and about 65% in invisible employer contributions. I.e. If their headline (visible) salary is $40000, they receive about $30000 after tax, but their total tax ia about $30000 taking into account mandatory social contributions from their employer. Their actual gross salary is about $60000 and this study treats it as $30000.

    Tldr: the study is deliberately using the wrong income figure to make a false comparison.

  11. Re:How the mighty have fallen on Kodak Announces Its Own Cryptocurrency, Watches Stock Price Skyrocket (theverge.com) · · Score: 1

    That is not true at all.

    Blockcoins solve the problem of updating a public ledger using only a distributed system. This cannot be solved by PKI alone. The specific problem is The Byzantine Generals’ Problem and it is the core coordination problem in a distributed system.

  12. Re:How the mighty have fallen on Kodak Announces Its Own Cryptocurrency, Watches Stock Price Skyrocket (theverge.com) · · Score: 1

    Actually I think this could be a good idea.

    A decade from now we'll see which cryptocurrencies were the Amazon / Google ideas, and which were just the petz.com. This sounds like it has some potential, so I would not write it off immediately. The timing definitely looks like it is trying to boost their stock price by riding on the current popularity.

    Once you have a public ledger to establish ownership of goods then you need goods that make it work. These are the missing ideas. Bitcoin's big idea is showingn ownership of tokens that pretend to be money. Interesting, but maybe not as great as the current market cap would indicate. Those goods have to be short digital identifiers. DRM is an attempt to control the ownership of digital goods in one domain (where the creator of the good wants to have their cake and eat it too).

    But photography has a different problem: a digital good is going to be published and rebroadcast many times. This will be done by tangible entities (i.e. companies that you can sue). Who owns the photo at any point in time? How can transfer of ownership be broadcast publically? Who do we trust to maintain the ledger?

    This could actually be a neat solution to the problem - nobody owns the ledger. Make it a public blockchain.

  13. Re:bitcoin is a disaster for the environment. on China Plans To Kill Most of the World's Bitcoin Mining Operations (bloomberg.com) · · Score: 1

    There are companies in the UK that fit heat pumps.

    Even if you are betting 1kw of heat in exchange for your 1kw of power - it is inefficient compared to the 4kw of heat that you could be getting from a heat pump for the same amount of power.

  14. Re:bitcoin is a disaster for the environment. on China Plans To Kill Most of the World's Bitcoin Mining Operations (bloomberg.com) · · Score: 1

    Well I know of two among immediate acquaintances and they’re not really that rare. What is the point of your annecdote?

  15. Re:That's called deflation, not inflation on A Cryptocurrency Based On a Dog Meme Is Now Worth Over $1 Billion (vice.com) · · Score: 2, Insightful

    Woot! Free money! Oh, wait... that one doesn't happen does it?

    You are missing the effect on wage rises - that they become wage drops. This is where the system breaks. If everything is 5% cheaper next year then that includes the value of your labor. Your company is getting 5% less income because the price of its products is dropping. That filters through to you...

    But people don't really believe in symmetry - so they refuse wage drops in a deflationary economy. Companies go bust. Banks break. The economy implodes.

    Inflation has a soft mode of failure - value leaks out of the system. Deflation has a hard mode of failure - it works up to the point that a systemic shock destroys everything. YMMV.

  16. Re:Not so much on Google's Voice-Generating AI Is Now Indistinguishable From Humans (qz.com) · · Score: 1

    Yeah... it said that when I commented. Hence my claim that it is not indistinguishable. Do you understand?

  17. Not so much on Google's Voice-Generating AI Is Now Indistinguishable From Humans (qz.com) · · Score: 4, Informative

    Despite choosing a low-quality human comparison (the audio fidelity is fine, but the timing and pronunciation is terrible), it is still quite obvious which is which. The synth version is slightly too clipped and the timing does not sound natural.

  18. Re: Show me the videos on Magic Leap Finally Unveils Mixed-Reality Goggles (rollingstone.com) · · Score: 1

    It sounds exciting. The limited field of view is the biggest hardware issue. It sounds like they have reached “The mother of all demos” stage. It took 20 years for that tech to reach the mainstream, but when it did the world changed around it. What they are describing has the same level of potential, but how long will it take for them to hit the mainstream, and can they stay solvent that long?

  19. Re:Facebook knows exactly how guilty it is on Facebook Admits that Some Social Media Use Can Be Harmful (axios.com) · · Score: 1

    Oh dear, you ran out of steam so quickly. Projection is so boring. Troll harder.

  20. Re:You're a fool if you don't hedge investments on Bitcoin Jumps Another 10% in 24 Hours, Sets New Record at $19,000 (arstechnica.com) · · Score: 1

    A whole new paradigm? This time it really is different!

  21. Re:Facebook knows exactly how guilty it is on Facebook Admits that Some Social Media Use Can Be Harmful (axios.com) · · Score: 1

    Oh dear. Do you really think that somebody who has an account here for 20 years is going to fall for this shit? Kid, when you try to use NLP: 1. You need to understand who you are talking to in order to manipulate them. 2. A touch of subtlety is required, not this hamfisted mess. If you want to try to troll people on slashdot - you need to git gud first.

    Your attempts at argument are weak and unfocused. Can you not do any better than this? Perhaps your inability to reason is why you have sunken into this right-wing narrative. Do you not see that you are being manipulated and abused by those you are trying to impress?

  22. Re:Facebook knows exactly how guilty it is on Facebook Admits that Some Social Media Use Can Be Harmful (axios.com) · · Score: 1

    Your username signals enough and I skimmed your rant. Pretty pathetic. At least the GNAA used to put the work in.

  23. Re:Facebook knows exactly how guilty it is on Facebook Admits that Some Social Media Use Can Be Harmful (axios.com) · · Score: 1

    Its sad that nazis have infested every site this year. What do tou think about the release of the Daily Stormer media guide yesterday? Will it make your job easier or harder?

  24. Re:Social smoking? Smoking media? Something there on Facebook Admits that Some Social Media Use Can Be Harmful (axios.com) · · Score: 2

    Social media is based around a tailored user experience. An algorithm picking things that the user will find most interesting. They function as Skinner boxes - open the tab and maybe there is a jolt of dopamine wrapped up in something the user has a personal connection with.

    We have slashdot editors keeping us safe from that experience.

  25. Re:True Joke: Deeply, deeply frightening!!! NOT. on Don't Keep Cellphones Next To Your Body, California Health Department Warns (techcrunch.com) · · Score: 1

    Only if you let it swing free in some hippie state otherwise you can buy fabric coverings that block the radiation and prevent the worst damage.