_red

51 ms·

601.
by _red 13y ago
5. Watch competitors instantly spring up. *Note: there is no such thing as a non-government enforced monopoly. Marketshare != Monopoly
602.
by _red 13y ago
Quite right. In fact the opposite works - and its known as the Ben Franklin Effect ( http://en.wikipedia.org/wiki/Ben_Franklin_effect ). The idea is that if I ask a favor of you (to loan me a book, in Ben's case)
603.
by _red 13y ago
(Mac OSX): Can anyone explain why 'java --version' still produces java version "1.7.0_17" even though I've updated? EDIT: Solved. Including this in case anyone runs into it. There are apparently two update mechanism
604.
by _red 13y ago
Correct, I can't see the practical use of this. If Alice and Bob must have a secure method to jointly compute K(A) ⊕ K(B), then why wouldn't then use that same method to just exchange the data?
605.
by _red 14y ago
Remember how a few weeks ago when the USGov released a reported acknowledging BTC as a currency? Remember how everyone thought that was a great thing? There was a hidden point to that. Being a currency brokerage company requires millions in
606.
by _red 14y ago
Thats a great post, but the thing is the phrase "we apologize for any inconvenience this may've caused" has a very useful psychological purpose: Diffusion. Lets assume that I know you are mad, possibly pissed. Possibly so pissed that you ar
607.
by _red 14y ago
In all fairness, shouldn't Krugman be a "paperbug"?
608.
by _red 14y ago
Bitcoin has plenty of utility. In fact lots of it is directly related to your little list above.
609.
by _red 14y ago
The truth is that the groundwork for bitcoin was laid down long before it appeared as a specific project. Bitcoin is a classic case of all the threads hanging there, but needing someone to come and tie them together. Wei Dai published his w
610.
by _red 14y ago
Why don't they just charge for this? You want to setup an in-stream payment solution? Great here is the API - its .10 each time its called (or whatever). Further, why does twitter make it hard to pay them for API use?
611.
by _red 14y ago
100%. However, socialized TV will never go away. Politicians will gladly force TV subsidy, because its literally the platform that gets them elected. All of those useless PSA "Now you know..." Gov funded TV-spots are exactly that: Mini hand
612.
by _red 14y ago
But it takes energy to arrange, synchronize, and release that energy (ie. that synchronization didn't come without an energy cost).
613.
by _red 14y ago
Actually, the politicians know that as well. Which is why BHO signed the "Monsanto Protection Act" this week. The real thrust of which is that its a limitation on liability to protect them from future monetary claims against their various G
614.
by _red 14y ago
From another perspective this is a modern view of the classic "I, Pencil" - which Friedman gave an great overview of: http://www.youtube.com/watch?v=OlTRau_XgGs
615.
by _red 14y ago
Thinking the same, but encouraging a hobbyist / developer effort around the OMAP has huge strategic benefits for Amazon. I think the worst decision they could make would be to isolate development by killing off the nascent BB market.
616.
by _red 14y ago
In college in the early 90's, suddenly a 40 year old mustached guy started showing up to dorm keg parties. He wore leather jackets, was overly eager to ask for everyone's phone number, and said things like "lets put on some twisted sister a
617.
by _red 14y ago
>also walk around downtown in SF and NYC and look at the amount of skyscrapers that are nothing but banks, scratch your head, and ask yourself what value they're actually adding. True. But I suppose one would need to define "what is a b
618.
by _red 14y ago
For what its worth, one of the last hardware devs we hired happened exclusively online. We were adding some biometric hardware to our current software stack and came across a small project online of someone who wrote a java library for the
619.
by _red 14y ago
Thanks for posting this, I was unaware. However, still seems like a bit of a hassle: "One of the conditions of this exemption is a yearly aggregate limit on the amount each person may invest in offerings of this type, tiered by the person′s
620.
by _red 14y ago
Yep, its a minefield (of course like most things, these regs exist to protect special interest). I'm sure there is some bright attorney who could figure a way around it (ie. its an unsecured loan, that contains a very permissible default cl
621.
by _red 14y ago
Agreed. Its too bad kickstarters just can't sell super-minority shares with a nominal face value. So if they are trying to raise 50K, just sell a 1% share of the company for $50K (so each share is a $1 say, and there are 5M shares). It woul