Certainly not suitable. It produces less heat than other LEDs, which are themselves not even suitable. For my torches i tend to stick to propane, MAPP, and acetylene.
Sorry to burst your bias against Bitcoin, but you are simply spreading FUD. The volume of trade does not exist to launder significant amounts of money. Aside from some drug sales (which still pale in comparison the sales made in UNTRACEABLE fiat on the street) I don't think what actually happens on the network is quite like what you think happens.Your highly regulated and supervised system is still the monetary system of choice to launder money. The Internationale crime syndicate really doesn't need the Bitcoin network, they are doing quite well as is.
Animated GIF logos are awsome! I'm sure I had one on my Geocities page I made when I was 13. Although, I probably made it in Photoshop since it was on the schools Macs and GIMP wasn't yet the fine piece of user friendly software it is today.
Probably the same place as me, as I have only seen reports of a discovery of a new boson that is likely to be the Higgs but not fully confirmed yet.
(Okay... I have seen reports that it has been definitively discovered, but those reports also said we would soon have replicators, transporters and time machines because of the discovery)
A) Absolutely correct to start. Dealing with fraudsters is well within the scope of the current law with bitcoin. The pseudo-anonymous nature of bitcoin meant some of those douches have not been held accountable for their illegal activity. Thoguh, I don't feel too sorry for people who gave their money to an anonymous identity on the internet and got screwed.
B) There would have been plenty of bitcoins they are divisible up to eight decimal places. After the first block was solved there were 5,000,000,000 units. The first day roughly 720,000,000,000 units. By the beginning of 2010 there were somewhere close to 300,000,000,000,000 units. An extreme deflationary situation like you described would have made bitcoin really risky and complicated to use, which would have slowed the adoption and the deflation. Thus the situation would not have occurred.
Oh, I thought your comment was related to the thread about the aspects of gold that made it suitable as a medium of exchange vs. aspects of a digital currency.
It's more like saying the first airplane didn't cruise at 30,000ft is proof that it is a failure. Expecting something like Bitcoin to be at a level of adoption greater than it is now is ridiculous. Sure there were some idiots that thought so an bought them up to $30 a year ago. After the hype was corrected, Bitcoin has been puttering along slow and steady above the trees.
It wasn't irreplaceable. The losses are being covered by the operators. The balances of their clients will not be affected. Some lessons about keeping all your eggs in one basket had already been learned.
Might be a bit difficult to find someone who even would insure their bitcoin balance, not to mention the difficulties that would probably arise if a claim was filed. Fortunately, in this case the operators of the services are absorbing the lose and their customers/clients are not directly affected.
Ain't that the dream of Libertarians, that without regulation, things will go so much smoother and more effectively.
-or-
Ain't that the dream of Utopian Socialists, that with regulation, things will go so much smoother and more effectively, and nobody will have cause for complaint.
All it takes is one rogue hacker to misdirect bitcoin payments and you have instant skimming
I don't think you know how bitcoin transaction work. On a compromised computer, sure, a hacker can steal your wallet an your bitcoins are gone. I don't believe there are any (known or theoretical) realistic ways to screw with transaction in the network, though.
Theft has been a big deal, clearly.Mostly it's been by or because of service operators that users shouldn't have trusted to begin with. The biggest theft involved online wallets. A service operated by an anonymous person who... surprise!... disappeared. The biggest problem with bitcoin is people dumping their money into something they had yet to have an understanding of.
It used to be compared to gold but the cost of gold is like a zillion dollars per ounce now, so umm can't tell you. But in China, the cost of sending people into space is going to be a lot cheaper because of all of their nearly free labor source and expendable astronauts.
Slashdot Mirror
this Cree MK-R isn't super suitable for torches
Certainly not suitable. It produces less heat than other LEDs, which are themselves not even suitable. For my torches i tend to stick to propane, MAPP, and acetylene.
No, not by default, but you can conquer small countries as well as most of Europe. Just build with CFLAGS='-enable-blitzkrieg'.
Sorry to burst your bias against Bitcoin, but you are simply spreading FUD. The volume of trade does not exist to launder significant amounts of money. Aside from some drug sales (which still pale in comparison the sales made in UNTRACEABLE fiat on the street) I don't think what actually happens on the network is quite like what you think happens.Your highly regulated and supervised system is still the monetary system of choice to launder money. The Internationale crime syndicate really doesn't need the Bitcoin network, they are doing quite well as is.
http://www.guardian.co.uk/world/2011/apr/03/us-bank-mexico-drug-gangs
http://blogs.reuters.com/felix-salmon/2010/06/29/u-s-banks-still-very-involved-in-money-laundering/
I wasn't aware that grammar was ever checked.
the New York State Attorney General has subpoenaed Craigslist, demanding that the site identify more than 100 sellers
Rather appropriate for the YRO section that has been on Slashdot as long as I've been a reader
Animated GIF logos are awsome! I'm sure I had one on my Geocities page I made when I was 13. Although, I probably made it in Photoshop since it was on the schools Macs and GIMP wasn't yet the fine piece of user friendly software it is today.
Probably the same place as me, as I have only seen reports of a discovery of a new boson that is likely to be the Higgs but not fully confirmed yet.
(Okay... I have seen reports that it has been definitively discovered, but those reports also said we would soon have replicators, transporters and time machines because of the discovery)
do you honestly think we would have the means
Funny, that is an argument that many deniers use about anthropogenic global change.
A) Absolutely correct to start. Dealing with fraudsters is well within the scope of the current law with bitcoin. The pseudo-anonymous nature of bitcoin meant some of those douches have not been held accountable for their illegal activity. Thoguh, I don't feel too sorry for people who gave their money to an anonymous identity on the internet and got screwed.
B) There would have been plenty of bitcoins they are divisible up to eight decimal places. After the first block was solved there were 5,000,000,000 units. The first day roughly 720,000,000,000 units. By the beginning of 2010 there were somewhere close to 300,000,000,000,000 units. An extreme deflationary situation like you described would have made bitcoin really risky and complicated to use, which would have slowed the adoption and the deflation. Thus the situation would not have occurred.
Oh, I thought your comment was related to the thread about the aspects of gold that made it suitable as a medium of exchange vs. aspects of a digital currency.
But they have gold?
[ ] Easy to Transport... Globally
It's more like saying the first airplane didn't cruise at 30,000ft is proof that it is a failure. Expecting something like Bitcoin to be at a level of adoption greater than it is now is ridiculous. Sure there were some idiots that thought so an bought them up to $30 a year ago. After the hype was corrected, Bitcoin has been puttering along slow and steady above the trees.
If you don't come here for the jokes, why do you? Certainly not the content anymore.
It wasn't irreplaceable. The losses are being covered by the operators. The balances of their clients will not be affected. Some lessons about keeping all your eggs in one basket had already been learned.
Might be a bit difficult to find someone who even would insure their bitcoin balance, not to mention the difficulties that would probably arise if a claim was filed. Fortunately, in this case the operators of the services are absorbing the lose and their customers/clients are not directly affected.
-or-
I hope you're trolling...
The Nazis were capitalists.
They were the National Socialist German Workers' Party. They denounced capitalism because it was too jewish.
How was it not 'capitalist'?
He, as most people do when they say 'capialist', mean 'free market capitalist'. The merger with the government takes the free market part away.
All it takes is one rogue hacker to misdirect bitcoin payments and you have instant skimming
I don't think you know how bitcoin transaction work. On a compromised computer, sure, a hacker can steal your wallet an your bitcoins are gone. I don't believe there are any (known or theoretical) realistic ways to screw with transaction in the network, though. Theft has been a big deal, clearly.Mostly it's been by or because of service operators that users shouldn't have trusted to begin with. The biggest theft involved online wallets. A service operated by an anonymous person who... surprise!... disappeared. The biggest problem with bitcoin is people dumping their money into something they had yet to have an understanding of.
You can take that a step further. The larger military of the US keeps many other countries safe from attack.
Or done by hand with A Bunch of Rocks
Europeans are not as obsessed with god and religion as americans are
That's a good thing. The last time the Europeans were obsessed with religion a lot of bad things happened.
It's the same experience on new browsers as well.
It used to be compared to gold but the cost of gold is like a zillion dollars per ounce now, so umm can't tell you. But in China, the cost of sending people into space is going to be a lot cheaper because of all of their nearly free labor source and expendable astronauts.
Hey, if the zebras have nothing hide, they have nothing to worry about.