crystaln

39 ms·

511.
by crystaln 13y ago
I think you're off on both points. You do not have to use a bank account for USD - you can use safety deposit boxes or other secure locations. This is analogous to how you would store large amounts of bitcoin privately. I think the inc
512.
by crystaln 13y ago
I was responding to your concern that all bitcoins are going to vanish. Regarding fungibility, bitcoins are definitely fungible. They are interchangeable, of equal value, and sub-dividable. Fungibility does not require that all parts be ide
513.
by crystaln 13y ago
Entropy will eventually destroy the entire universe. I think 22M bitcoins, given that (with minor changes to the network) can be infinitely sub-divisible with last us until then.
514.
by crystaln 13y ago
Possibly, but there is likely to be enough time to upgrade the network between the time it takes to crack a private to drops from 50 universes to 1 universe. That is of course precluding the discovery of a major flaw.
515.
by crystaln 13y ago
Bitcoin is what it is. It doesn't have to become the only currency. It's a useful, fungible, easily transferrable commodity. The argument that bitcoin should not to succeed because it's deflationary is silly. Lots of deflatio
516.
by crystaln 13y ago
You're right that BTC IOUs on Ripple are not fully interchangeable with BTC. However, neither was gold interchangeable with USD, yet each gold note was redeemable for gold. This did in may ways restrict the level of fractional reserve
517.
by crystaln 13y ago
> everything the NSA collects is by default shared with your government So... does that mean that even though the NSA supposedly doesn't analyze American communications, their colleagues in other countries can? Also, while it may be
518.
by crystaln 13y ago
While I'm certain you and your organization have a perfect record of never checking inappropriate things into your git repository, mine does not. Even if all the employees at your company were perfect, there is still a chance of inappr
519.
by crystaln 13y ago
I'm a fan of bitcoin in many ways, but this is fanboy fiction with no understanding of money. > Fractional reserve banking entails the creation of new money that is fungible with already preexisting money, i.e. it can be used interc
520.
by crystaln 13y ago
The existence of unofficially recognized evidence and conclusions does not preclude a coverup. The government is not releasing documents or recognizing facts, and people who are open to a more sinister truth are marginalized.
521.
by crystaln 13y ago
The inability to, in any remotely easy way, remove mistakenly checked in large files and private data has always seemed like a major flaw with git.
522.
by crystaln 13y ago
That would be true if git's command line interface were not so inconsistent and obtuse. I agree the underlying concepts are simple, which is why the command line interface is so baffling.
523.
by crystaln 13y ago
I'm not 100% sure this is true, however it is also a fundamental flaw of git. There should be a way to remove commits permanently in order to remove mistakenly checked in large files or private content. It's also definitely not
524.
by crystaln 13y ago
Exactly my point. If you're buying <$1k in a stock, you're likely not going to be a big source of revenue for margin loans or API access. So basically, they will attract lots of small, active trading accounts. I don't see
525.
by crystaln 13y ago
I'm confused as to why Teton County, WY has one of the highest income tax rate in the country, given that there is no income tax in Wyoming or Teton County. The article suggest this is because of the ski resorts, yet I know of no incom
526.
by crystaln 13y ago
Really? $10 is too much for a trade? And anyone with any reasonable amount of capital is going to choose them based on this? I don't think so. I certainly wouldn't. And their going to make money on margin accounts and API access?
527.
by crystaln 13y ago
Unfortunately, getting off the internet publicly is the only choice for someone who is being harassed to that degree. That's just reality - there is nothing Twitter nor anyone else can do about it short of gestapo censorship.
528.
by crystaln 13y ago
That's a reasonable distinction you make. At least with the new system, the victim will not see and hopefully never know about the troll responses, perhaps discouraging the troll...
529.
by crystaln 13y ago
If the goal is to post publicly, but not have the harasser see those messages, then no - that's not rationally possible.
530.
by crystaln 13y ago
If someone is stalking or harassing, they can just set up another account - blocking has no affect but to antagonize. If someone is being stalked or harassed, they need to decide whether they should be posting publicly on twitter, because n
531.
by crystaln 13y ago
You're not a pedantic little shit. You're arguing with a jerk. Equating cyclists running stop signs to drivers killing cyclists in bike lanes is ridiculous, especially given that the cyclist in the example pled guilty to homicide
532.
by crystaln 13y ago
This is incorrect in several ways. 1) Acquired antibodies are passed from mother to child. 2) Epigenetics
533.
by crystaln 13y ago
NSA responses generally imply that any sort of surveillance is ok, as long as it's of non-Americans. While it may largely be legally true, I think the presumption that that is a valid defense needs to be challenged more often. Phrases
534.
by crystaln 13y ago
Have you ever had to deal with a large number of international transactions? They are - in fact - difficult and expensive.
535.
by crystaln 13y ago
Right... the solution to Stallman's concerns about government surveillance of social networks is definitely a government shutdown of Facebook and the development of a centralized social DNS created by the government.
536.
by crystaln 13y ago
Anyone care to analyze the vulnerabilities of having scripting embedded in a digital currency and bitcoin in particular? There must at least be some sort of scams that this enables.
537.
by crystaln 13y ago
It's unclear that the Chinese government understands that bitcoin is more than just a security you can buy and sell, or a currency that you can wire in a bank. If someone buys $1M in bitcoin, that money could easily leave the country f
538.
by crystaln 13y ago
Yes. It's optional, but most users use an iCloud account that sync their address book, calendar, etc. Just like Microsoft and Google.
539.
by crystaln 13y ago
Nobody knows or understands why the Chinese government is allowing so much purchase of bitcoin. I suspect they will not continue to allow it. I did not say that Chinese were buying other currencies with their bitcoin en masse although I&#x2
540.
by crystaln 13y ago
Indeed he's not an economist (not am I). GDP is not highly correlated to money supply, and the value of bitcoin will largely depend on how it is implemented in that 1% of transaction. If bitcoin is used as a transactional currency, the

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