Why sit on uncomfortable hard plastic chairs when you could be relaxing in the shade on fine Corinthian leather with the tinted windows down in the the car that really goes BOOM!
The only way I can see this working is if Peppercoin aggrigates all of a customer's purchases into a single credit card transaction after it reaches a certain break-even point.
Only a certain number of customers will reach this break-even in a given time-period.
The value of a "winning" Peppercoin to a merchant would be this break-even amount, minus the credit card company fees and Peppercoin fees.
The odds of a merchant getting a valid Peppercoin
would be based upon the number of break-even transactions made in say, a month.
If 10,000 total transactions were made in the first month, and only 100 people spent more than the break-even amount, say $12.50, the odds of a given coin being worth $10 would be 1/100.
It's a novel system, as previous efforts to deliver microcash required customers to buy tokens in advance. This system places the risk upon the merchants, who are being asked to gamble that people will use Peppercoins on a regular basis.
As a system like this matures, it could actually work, maybe.
If we're ever to actually know what genetics are about, there is simply no way around experimentation.
Scientific models are just that, models. They are built as a best guess of what going on from the information gleaned from experiments. When a given model is no long adaquate to work with the data collected, it is either modified or discarded in favor of a better model.
Mistakes will be made but willful ignorance is not the path to enlightenment.
Terrence McKenna and others have postulated that the consumption of psychedelic mushrooms during the period around 50,000 years catalyzed the great leap from being near animal to accquiring language, technology and culture that we associate with humanity today.
It would be very interesting to determine if the mutated FOXP2 gene and/or others involved in learning have an effect on the way a human or chimpanzee utilizes psyllocybin.
It may very well be that the mutation was a natural selection among the hominids who consumed the psyllocybin-containing mushrooms.
I would expect that when Senator Disney...er Hollings seems to be introducing sane legislation, it's just a candy-coating for the riders his handlers...er lobbyists have insisted upon.
For those of us who were BBS sysops, this game sure brings back some memories.
Quote from their site
BBS Simulator (Sim-BBS) is a BBS simulator game, your users get their own BBS, which they have to take care of, and upgrade as it gets bigger. They start with an 286 with 1 meg of ram, a 10 meg hard drive, and 10 non-subscribers. The have to Read their mail, and work on the board to increase their number of users. The goal is to be the biggest board, and to keep the users happy.
I'm not affiliated with groutySoft and I don't know how much bandwidth they have, so please be kind.
When we were using Apple computers, my job was in serious danger of being downsized. They were easy to use and almost never crashed.
Fortunately, due to Microsoft license incentives, my company switched to PC's running Windows.
What a relief! The stress I was suffering over job security is gone! In fact, I just got a fat raise because the bosses have seen how hard I've been working.
Sure, I'm busier now, and I may not have the spare time to check Slashdot incessantly, but that's why they call it work, right?
Ah, to be funded for over 4 years to work on a project that would never see the light of day. Endless hours checking/. while getting paid. Good times..good times.
Slashdot Mirror
Demand for jobs in the rubble-clearing sector have jumped over 400% in the past 48 hours. Unemployed IT workers in Baghdad rejoice.
Do you think it will be restricted to airborne targets?
Why sit on uncomfortable hard plastic chairs when you could be relaxing in the shade on fine Corinthian leather with the tinted windows down in the the car that really goes BOOM!
It doesn't seem so if there is the possibility of profit by withholding or distorting information.
NO CARRIER
We make the cut and...
GNU/Democracy!
Ok, I'm going to bed now.
You found me lucky charms!
It's a shame the same can't be said for tech support.
Only a certain number of customers will reach this break-even in a given time-period.
The value of a "winning" Peppercoin to a merchant would be this break-even amount, minus the credit card company fees and Peppercoin fees.
The odds of a merchant getting a valid Peppercoin would be based upon the number of break-even transactions made in say, a month.
If 10,000 total transactions were made in the first month, and only 100 people spent more than the break-even amount, say $12.50, the odds of a given coin being worth $10 would be 1/100.
It's a novel system, as previous efforts to deliver microcash required customers to buy tokens in advance. This system places the risk upon the merchants, who are being asked to gamble that people will use Peppercoins on a regular basis.
As a system like this matures, it could actually work, maybe.
How the hell do you warchalk at 35,000 feet?
Scientific models are just that, models. They are built as a best guess of what going on from the information gleaned from experiments. When a given model is no long adaquate to work with the data collected, it is either modified or discarded in favor of a better model.
Mistakes will be made but willful ignorance is not the path to enlightenment.
It would make it hard to argue "prior art".
It would be very interesting to determine if the mutated FOXP2 gene and/or others involved in learning have an effect on the way a human or chimpanzee utilizes psyllocybin.
It may very well be that the mutation was a natural selection among the hominids who consumed the psyllocybin-containing mushrooms.
I would expect that when Senator Disney...er Hollings seems to be introducing sane legislation, it's just a candy-coating for the riders his handlers...er lobbyists have insisted upon.
AM/FM Tuner Card___$ 20
100 Watt Speakers__$ 50
TV Tuner Card______$ 40
Linux of choice____$free
Total Cost_________$310
What do ya know? Cheaper than the Streamium, yet I can play movies too.
http://grouty.org/bbs/bbssim.php
Quote from their site
BBS Simulator (Sim-BBS) is a BBS simulator game, your users get their own BBS, which they have to take care of, and upgrade as it gets bigger. They start with an 286 with 1 meg of ram, a 10 meg hard drive, and 10 non-subscribers. The have to Read their mail, and work on the board to increase their number of users. The goal is to be the biggest board, and to keep the users happy.
I'm not affiliated with groutySoft and I don't know how much bandwidth they have, so please be kind.
God, I'm such a whore to get a laugh sometimes.
When we were using Apple computers, my job was in serious danger of being downsized. They were easy to use and almost never crashed.
Fortunately, due to Microsoft license incentives, my company switched to PC's running Windows.
What a relief! The stress I was suffering over job security is gone! In fact, I just got a fat raise because the bosses have seen how hard I've been working.
Sure, I'm busier now, and I may not have the spare time to check Slashdot incessantly, but that's why they call it work, right?
In fact my hand still involuntarily twitches in the direction of white flashing lights.
You're going to need a way to address them aren't you?
Want an idea of how big a /64 IP range is? Imagine giving an IP address to every cell in your body, plus 180,000 or so other people.
If not, then shame on us.
Ah, to be funded for over 4 years to work on a project that would never see the light of day. Endless hours checking /. while getting paid. Good times..good times.