julespitt

10 ms·

31.
Go Ahead, Let Your Kids Fail(bloombergview.com)
2 points by julespitt 13y ago|1 comments
32.
We may have witnessed a NSA "Shotgiant" TAO-like action(blog.erratasec.com)
235 points by julespitt 13y ago|138 comments
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by julespitt 13y ago
I actually had the opposite impression of stock investors, that they vastly preferred the "just getting better at what you do" than "pie-in-the-sky", but that's just an impression. Tightly-coupled Facebook-OVR would
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by julespitt 13y ago
This is the first indication, to me at least, that Facebook is going to be pursuing the "Bell Labs" style strategy that Google has been. For example, self-driving cars and robots are great new technologies and industries but have
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by julespitt 13y ago
Definitely true, it's just that people don't know that or want to believe it.
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by julespitt 13y ago
Perhaps you should consider that most of those who have not rushed to judgement and are waiting on facts are not nonexistent but are merely saying nothing on Twitter nor anywhere else about it. It is very easy to think that the Internet mak
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by julespitt 13y ago
Look into "DMCA safe harbor registration" if you want protection.
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by julespitt 13y ago
The article goes on to criticize American tech companies for not moving overseas funds here; this after they are being criticized for buying Government debt with the money they already have here. I am at a loss.
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by julespitt 13y ago
Right, I was just pointing out the possibility of your latter two options. There was also the possibility that PRISM was just a database of formal, court-ordered information. I wish we had even more technical details.
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by julespitt 13y ago
It's not clear from the slides that the companies were "participating" at all. Further Snowden leaks showed that the NSA was cracking large internet companies' internal systems communications. PRISM doesn't necessar
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by julespitt 13y ago
Yup, logged out, and "Something is technically wrong" if I try to log back in.
42.
Mt. Gox – Business Plan 2014-2017 [pdf](scribd.com)
67 points by julespitt 13y ago|46 comments
43.
by julespitt 13y ago
Who knows. The CEO is American [oops, French], the holding company is Japanese, the American Subsidiaries' bank accounts have been frozen for months, and no one knows where "Mt. Gox" the company actually is, or if it even exi
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by julespitt 13y ago
Ha, okay, you're right. It is really confusing.
45.
Superintendent of NY Dept of Fin. Services AMA on Bitcoin/Virtual Currency(reddit.com)
2 points by julespitt 13y ago|0 comments
46.
by julespitt 13y ago
I see. I just now realized I didn't see it coming because I didn't take their attempted acquisition of SnapChat seriously enough. They really wanted messaging, and WhatsApp users and revenue are already impressive to the point of
47.
by julespitt 13y ago
1. Tesla's market cap is $23.74B, on a public market. A premium over that would be needed, but it's worth noting it's not a ex nihilo VC valuation. 2. I know everyone is having fun dreaming about Apple buying Tesla, but I r
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If anything, Bitcoin is inflationary(blog.erratasec.com)
3 points by julespitt 13y ago|0 comments
49.
by julespitt 13y ago
VIC-20 syndrome - I likely have it.
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by julespitt 13y ago
I spent 9 years in some of the worst public schools in America until I was able to escape to a private school. I think you completely underrate the very real problem of bad teachers in poor cities. This is not just teachers merely being una
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Bitcoin withdrawal processing suspended(bitstamp.net)
182 points by julespitt 13y ago|252 comments
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NBC Story about Hacking at Sochi is 100% Fraudulent(blog.erratasec.com)
497 points by julespitt 13y ago|160 comments
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by julespitt 13y ago
Ha, come on! That's what I said, we agree! David Marcus is the one saying that it's like Foreign Exchange, which is weird because we both agree it's not under FinCEN rules. I never said that Paypal isn't a money transmit
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by julespitt 13y ago
I didn't say you get out of money transmitter rules. Just that Paypal's "currency exchange" reading and analogy is wrong - see: "...a person who accepts real currency in exchange for virtual currency, or vice versa,
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by julespitt 13y ago
I guess David Marcus didn't (nor anyone else at Paypal) read the FinCEN regs because Bitcoin exchange is not considered "currency exchange" for regulatory purposes because FinCEN says it's not a "currency." Sig
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by julespitt 13y ago
Yeah, they are a pain in the ass and could be improved greatly I'm sure. I'm just saying capital, record-keeping and AML requirements are not completely without a public-serving point, unlike the sponsorship requirement.
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by julespitt 13y ago
Yeah, I'm just complaining about sponsorship. I don't remember there being much else in the way of what I consider to be superfluous barriers to entry.
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by julespitt 13y ago
For example, to trade securities, sell insurance, or sell real estate you need to get a license. To get a license you need to take exams and pay money to be certified. Most people won't go through that effort and so the larger compani
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by julespitt 13y ago
Great idea, I can't tell you how tiring I'm finding the one-dimension "trending" trend as it provides exactly no value to me. But this has always been a pretty challenging thing to make work so I appreciate the attempt.
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by julespitt 13y ago
The bane of my childhood was hysterical, clueless adults warning about how I could die from opening anything with a CRT in it... yet here I am!

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