pfisch

66 ms·

781.
by pfisch 13y ago
That has nothing to do with the security mechanisms around bitcoin and everything to do with noobs and the infancy of the technology.
782.
by pfisch 13y ago
It seems like you need a new security system to reduce fraud which will reduce fees, and that is what bitcoin offers potentially
783.
by pfisch 13y ago
If I can program the feature from scratch in less than a day with only a simple explanation of the feature, I don't really think it should be patentable...
784.
by pfisch 13y ago
This looks much worse than symcalc. SymCalc has pretty much all the functionality of a TI-89 including solving calculus and algebraic equations. Tydlig looks like it has a nice ui but it doesn't even seem to support variables....
785.
by pfisch 13y ago
It is just sooo much easier to get credit card information though. You literally give all of it to everyone any time you use it. I don't really know why credit cards don't have a public/private key situation but they don&#x2
786.
by pfisch 13y ago
How are robots and automation going to replace sales? I find that hard to believe with all the networking and human interaction required.
787.
by pfisch 13y ago
Are you just not thinking through the road that will maybe lead to that outcome or what? Before we live in this utopia that you are describing that will probably not happen, a lot of people will find themselves destitute and a lot of people
788.
by pfisch 13y ago
The good of accredited investor laws far outweigh the bad. People who don't have a lot of money are much more likely to not have good money management skills than people who are able to hold on to lots of money for long time periods.
789.
by pfisch 13y ago
Holy hell, this is some crazy advice. If you have a sizable savings that you have been building for 5 or more years then the vast majority of your savings shouldn't be invested in any single asset.
790.
by pfisch 13y ago
Technically you owe taxes on online purchases.
791.
by pfisch 13y ago
Or someone holding an appreciating currency dodging capital gains tax. By using btc you avoid paying capital gains tax since basically everyone who holds bitcoins right now has seen their investment go up in value. Converting back to usd is
792.
by pfisch 13y ago
Basically at this point it is tax avoidance. By using btc you avoid paying capital gains tax since basically everyone who holds bitcoins right now has seen their investment go up in value. Converting back to usd is not as good as spending
793.
by pfisch 13y ago
Terrible. Should not be on front page because the headline is so misleading.
794.
by pfisch 13y ago
Ok, this was a weird segue. I thought we were talking about market capitalization and whether or not people use it outside of bitcoins, which they all do for basically everything. However, non-voting common stock equities that do not grant
795.
by pfisch 13y ago
Actually they often do not really abandon the currency, they just issue a new dollar that removes a bunch of orders of magnitude from the dollars. http://en.wikipedia.org/wiki/Hyper_inflation#Currency
796.
by pfisch 13y ago
No, this is what everyone does for all equities. It is called the market capitalization, you probably hear it called market cap usually though. http://en.wikipedia.org/wiki/Market_capitalization
797.
by pfisch 13y ago
That is how every commodity market in the world works.... How do you think an exchange rate between say USD->EUROS is decided? By the last trade price....
798.
by pfisch 13y ago
"One should not have to consult an exchange rate to figure out how much their currency is worth. They should know what it's worth by how much it costs for a dozen eggs. If that number changes rapidly (dozen eggs costs 1 BTC Monday
799.
by pfisch 13y ago
What about everyone who bought a .com domain early.... Or really anyone who buys a stock early for a company that becomes huge. I mean, if you buy bitcoins right now you are speculating that it will become a stable currency at some point.
800.
by pfisch 13y ago
What consumer protections are you talking about? Issuing a refund? I'm pretty sure they could issue a refund if they wanted to. The transaction fees you are talking about are so much smaller than credit card companies they are basica
801.
by pfisch 13y ago
The average credit card processing cost for a retail business where cards are swiped is roughly 1.95% - 2%. The average cost for card-not-present businesses, such as online shops, is roughly 2.30% - 2.50%. However microtransactions cost eve
802.
by pfisch 13y ago
I guess I don't understand. First of all these kinds of transactions need a vehicle like bitcoin, because using cash introduces a lot of middle men that dramatically decrease the efficiency of illegal transactions. Second of all there
803.
by pfisch 13y ago
I agree with most of this. I also woke up around 3 today and usually work more towards the midnight-7am time period. The only big problem is that you don't seem to have much of a plan to make this sustainable in any way dan. I think
804.
by pfisch 13y ago
I wonder what the psychological effects of doing something like this are.
805.
by pfisch 13y ago
We have had some success with them.
806.
by pfisch 13y ago
I guess I don't understand because... 1. You don't really have to work for anybody so you can sort of do whatever you want. The costs associated with starting a software related business are almost zero. That is basically not t
807.
by pfisch 13y ago
That is like saying your bank info is insecure because you shred it and throw it away. It is one thing for someone to steal your hair and run a somewhat expensive genome sequencing on it. It is another to have it already sequenced and stor
808.
by pfisch 13y ago
Why exactly? Did you watch Gattaca and think to yourself: "That is the type of world I want to live in!" It just seems like there is some small chance that sequencing everyone will make the world better, and a much larger chance
809.
by pfisch 13y ago
Would you prefer it if the warehouses were staffed by robots instead? I'm sort of serious but I am sympathetic to your viewpoint because those warehouses are as close as you can get to a legal sweatshop in a 1st world country.
810.
by pfisch 13y ago
I don't understand. I am self-employed and I have insurance....I just go buy it online.

More ›