Aqueous

78 ms·

781.
by Aqueous 13y ago
At this point I really don't think a single blogger has all that much effect. What's going on here is being driven by forces much larger than this blog post.
782.
by Aqueous 13y ago
Then the hope is that economic productivity increases at such a slow rate that the BitCoin isn't appreciating in value quickly enough to make it irrational to spend one. Just like monetary policy attempts to set inflation at such a rat
783.
by Aqueous 13y ago
I think they are hedging their bets and are making a trade-off between allowing their citizens to put their savings into BitCoin and potentially letting them run free financially, and also possibly wresting control of the world financial s
784.
by Aqueous 13y ago
Chess is very addictive and I think even if they were told to like chess they would. I know that we played chess sometimes in public grade school and having been encouraged to do so didn't prevent me from enjoying it. it eventually bec
785.
by Aqueous 13y ago
There's no detail too big to gloss over for the sake of a good headline.
786.
by Aqueous 13y ago
BTC does have inherent value. It is valuable to vendors because it is frictionless money transfer without regard to borders or regulation and very small transaction fees, making it very inexpensive to accept payments from anywhere in the wo
787.
by Aqueous 13y ago
Yes, the opportunities for forensic analysis on BitCoin are much greater than in a traditional currency where money can disappear into the void and re-enter the economy somewhere else without any word on what happened in between. In some wa
788.
by Aqueous 13y ago
I see - you meant a small publicly traded company, which is a lot different (and bigger than) than a small company of any kind. When I think small company I think small business, which is significantly smaller than a $5B market cap.
789.
by Aqueous 13y ago
All speculation is based on the likely future value of something. If millions of people start believing BitCoin will eventually be a world currency, then it will be. I agree that it is price speculation. Is speculation always based on a del
790.
by Aqueous 13y ago
I'm giving you a hypothetical situation where Canada started up an exchange for Fords and offered the currency on the exchange for $0. What would happen? It would float toward the price that the market would bear, which would look like
791.
by Aqueous 13y ago
Which is exactly what would be the case if you started a brand new currency, in the time it took for it to become an actual currency. If Canada said "fuck it" on dollars today and decided they were going to start a brand new curre
792.
by Aqueous 13y ago
$5B is the market cap of a large to very large company. A small company is in the $0.5 to $1 million range.
793.
by Aqueous 13y ago
The companies running exchanges have already been shut out and are currently doing just fine without bank accounts. The main thing a bank offers you is security of your assets; they have vaults for their dollar and BitCoin reserves. The oth
794.
by Aqueous 13y ago
That is very honorable. Carlsen is one impressive man. I hope he wins - his attitude and his energy seem to be revitalizing the sport, even here in the States.
795.
by Aqueous 13y ago
The market capitalization of US dollars is (correct if I'm wrong) $3 trillion. The current market capitalization of BitCoin is above $5 billion. There will only be around 21 million BitCoins. If the market capitlization of BitCoin even
796.
by Aqueous 13y ago
It is insane that chess is a worldwide sport/game and still Carlsen only made about $1.2 million USD last year(a lot for me and anyone else I know but for a professional competitor it is quite low). For a sport that a billion people w
797.
by Aqueous 13y ago
The answer basically amounts to: "Git is harder to understand." Fortunately that difficulty has a huge payoff that SVN simply can't beat. Git has a superset of SVN's functionality - it can act as a central repository, an
798.
by Aqueous 13y ago
This works if the ultimate goal is to sign them up for a free account. But what if the goal is to convert them to a paid account after a certain trial period? A user can just clear their cache or cookies and use it free indefinitely.
799.
by Aqueous 13y ago
It wasn't the monopolisation of currency or governmental regulation that caused the financial crisis - it was derivatives, and too many people using them off-load their risk to too few people(i.e., AIG) You can avoid this by attracting
800.
by Aqueous 13y ago
Sorry - I think the leather wallet and credit card are already going to be replaced by the cell phone itself, not an additional card accessory.
801.
by Aqueous 13y ago
This graph is helpful: http://blockchain.info/charts/bitcoin-days-destroyed-cumulat...
802.
by Aqueous 13y ago
The first problems are disease and starvation. Once you've improved conditions with respect to disease and starvation, more people are alive, demanding more resources. Now able to function as economic actors, they work and produce econ
803.
by Aqueous 13y ago
I'm not sure if it contributed to this fiasco, but GitHub's team system is a bit backwards and screwed up. You create teams of people, that automatically have either pull, push/pull, or administrative permissions on every rep
804.
by Aqueous 13y ago
To most people who use MapReduce in a cluster: You probably don't need to use MapReduce. You are either vastly overstating the amount of data you are dealing with and the complexity of what you need to do with that data, or you are vas
805.
by Aqueous 13y ago
PPCoin gives you the new concept of proof of stake and it introduces monetary policy where the production of new currency is tied to how much hoarding is going on.I f it ever takes off it will probably be more stable than BitCoin. That alon
806.
by Aqueous 13y ago
The truth of the matter is that Bitcoin isn't at a price even a fraction of what it will ultimately be worth if it becomes a currency in wide use. If it becomes a currency in wide use its market cap will start to resemble those of nati
807.
by Aqueous 13y ago
At what point is the satire become so thickly veiled that it's not actually satire?
808.
by Aqueous 13y ago
That picture is not from the incident in the article. It's from an earlier incident in October.
809.
by Aqueous 13y ago
It isn't a bubble - BitCoin is just an inherently unstable, deflationary financial instrument. This is why newer coins that actually correct for hoarding - like PPCoin - will start to see some traction because they will be more stable,
810.
by Aqueous 13y ago
This seems like an easy fix for the layout engines. Only include a field on autofill if it's currently visible on screen. One might even classify this as a bug.

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