lurker456

10 ms·

31.
by lurker456 9y ago
Only when the regulatory environment demands it. Normal engineers also cut corners in third world countries with weaker protections.
32.
by lurker456 9y ago
That's not proof it doesn't work. If you ran the GCHQ and you had a way to track everyone, would you let it be used to solve petty crime ? Much safer to use it sparingly.
33.
by lurker456 9y ago
The US has software patents. The EU has GDPR. China has rampant IP theft. Russia has corruption. Every large market has peculiarities, it's the cost of doing business.
34.
by lurker456 9y ago
I'm not convinced they're worse than an Italian version of Equifax.
35.
by lurker456 9y ago
1. there is less reliance on credit for day to day spending. 2. banks are liable, so they're more careful. I don't get offers by mail for credit cards, and the card I do have has stricter limits. 3. a national ID sy
36.
by lurker456 9y ago
banks are regulated to ensure they don't over-commit and are backed by a central bank to bail them out. That system isn't perfect, but it's a lot better then no regulation. An unregulated system that allows fractional reserv
37.
by lurker456 9y ago
Allegedly, some exchanges commingle USD and USDT without informing their users. For exchanges that don't do that, the question "Why would exchanges even touch it ?" is less applicable. As to why end users would touch it, that
38.
by lurker456 9y ago
That's where I also get confused. So far the reasons I could come up with are: - the exchange got bought out silently and is now owned/controlled by the people behind tether - the exchange got paid to use tether (for exampl
39.
by lurker456 9y ago
But it is a bug in Intel products. Whether similarly designed products are also affected is orthogonal.
40.
by lurker456 9y ago
Taking population into account, that's not that unusual - the vast bulk of people ever alive also fall in the last 200 years.
41.
by lurker456 9y ago
their direct possessions (money, real estate, license, ...) are much smaller then their total value. fractional reserve banking and all that. A significant fraction of their value comes from their reputation (to have an incorruptible ledger
42.
by lurker456 9y ago
They have almost no say in what laws and regulations apply there - the US federal govt decides. It's part of the reason why they're in this mess.
43.
by lurker456 9y ago
makes it more clear who is responsible. it's not the bureaucrats.
44.
by lurker456 9y ago
How would you define whether it makes sense ? Free market or some other metric ? From society's point of view, having an educated population arguably has more benefits besides the immediate economic one, much like having an universal h
45.
by lurker456 9y ago
no, it is cash settled only
46.
by lurker456 9y ago
Can you explain the math behind the "Reserve Deficit Sell Penalty" example ? If 1M loses 50k in value (5% loss), then surely someone holding $320 would face a $16 haircut ? The example shows $2.
47.
by lurker456 9y ago
words have meaning. "pegged" is a wrong and highly misleading term because it implies a level of safety that is not there. Whether it's fraudulently so is indeed a question for the courts and the SEC.
48.
by lurker456 9y ago
Pretty much everything we produce or consume in the modern world is only possible due to the availability of cheap energy. health care, food, TV shows, pencils, clothes, etc.
49.
by lurker456 9y ago
There are limits to such growth. Arguably, the growth of last few centuries has been achieved by burning up finite resources [1]. And even if we'd somehow get an infinite source of energy, at some point we'd run into the heat diss
50.
by lurker456 9y ago
regardless, releasing it at that time will reduce the news coverage.
51.
by lurker456 9y ago
Isn't lower class work interchangeable to some extent ? Less illegals to do construction means a larger portion of construction it will be done by legal employees, which reduces the available pool for manufacturing.
52.
Belgian gambling commission investigates Star Wars Battlefront
5 points by lurker456 9y ago|1 comments
53.
by lurker456 9y ago
But it's not reversible. Triggering article 50 means leaving in 2 years or less, it has no provisions to pause or revert the process. The only way to rejoin is with the agreement of all other member states, on new and very likely less
54.
by lurker456 9y ago
The ones who organize these deals have already taken the money and are long gone. The ones holding the bag after it collapses are the employees, suppliers and institutional investors.
55.
by lurker456 9y ago
until the next hard fork
56.
by lurker456 9y ago
I wondered why you didn't mention the maximum, and after checking their website found no other figures besides the $100 minimum. They do state "Rewards over the minimum are at our discretion, but we will pay significantly more for
57.
by lurker456 9y ago
Some might go under 0 - being a defendant even when innocent has costs too.
58.
by lurker456 9y ago
It's the package deal that is objectionable
59.
by lurker456 9y ago
There are some (poor, outdated, ineffective) checks and balances on the use of traditional media for political advertising. The new media successfully lobbied to be even excluded from those. Additionally, a lot of people who are not in this
60.
by lurker456 9y ago
The majority in Spain doesn't want them to become independent. Democracy has this problem, it's called "the tyranny of the masses". There is no easy solution.

More ›