toomim

78 ms·

961.
by toomim 13y ago
> In other words, this over complicated process involves a lot > more banking activity than credit cards! No, it's still FAR less banking activity than credit cards. You have no idea what happens behind the scenes when
962.
by toomim 13y ago
We don't have to guess, we can calculate this precisely. The M1 supply of all USD is $2.1 Trillion [1]. Overstock has $1.1 Billion in revenue per year [2]. So they pull in .05% of US currency per year, or 0.00014% per day. The bitcoi
963.
by toomim 13y ago
And they have said that they will liquidate (sell) all of that back to USD, like they do any other seized asset.
964.
by toomim 14y ago
But this dude's photos suck.
965.
by toomim 14y ago
This is bogus. It says at the top "Not vetted by CNN."
966.
by toomim 14y ago
You don't need a money transfer agent if you're using bitcoin. You just send it to the other party directly. It's possible, though, that the law could interpret the global web of bitcoin miners to be "money transfer agents" and then all hel
967.
by toomim 14y ago
Bitcoin.
968.
by toomim 14y ago
ACK. I tried using it. Too many bugs! UI needs polish. When you fix this, please announce it to me. I want to use a version that works!
969.
by toomim 14y ago
This is excellent. I am writing my phd dissertation right now, and wrote my own variant of markdown to generate it! I wholeheartedly agree! You guys have the right design spirit and vision. Take it forward, and grow a little bolder! Ma
970.
by toomim 14y ago
FUCK YHEAAAAAHHHHHHHHH!!!!!!! I'M GOING TO USE THIS RIGHT NOW!!!!!!!!!!!!!! Just like, update to the internet, man. I want my articles to look beautiful on the web, not just in antiquated print journals!!!!! Why, in 2013 do references need
971.
by toomim 14y ago
Not yet, but that will happen once bitcoins saturate the market of currencies. We're just in the beginning stages. Linux sucked when it was first released too.
972.
by toomim 14y ago
No, cause it's best to just hold onto it until a large amount accept it. That's when you'll get the most value for it.
973.
by toomim 14y ago
Bitcoin.
974.
by toomim 14y ago
Fuck that. Fuck the sharks. Stop feeding them.
975.
by toomim 14y ago
No, you can't. The coins are mixed before they get to mtgox. Mtgox doesn't know where they came from. In fact, you don't even need to use mtgox. Mtgox is just where you swap bitcoins for cash. If I sold drugs, it would be smart to just
976.
by toomim 14y ago
What limit are you talking about?
977.
by toomim 14y ago
Except that, with the price rising, they're making money from that "exposure" on average. And they obviously believe the price will keep going up, because they're a bitcoin business, and believe in bitcoin. If the price stops going up, the
978.
by toomim 14y ago
It sounds like you have a feeling that bitcoin isn't good enough, but don't have any actual reasons for it.
979.
by toomim 14y ago
I love copy & paste! I also defended it in this scholarly article: http://harmonia.cs.berkeley.edu/papers/toomim-linked-editing... with a video: http://youtu.be/1wo_7MTdWWI
980.
by toomim 14y ago
Because that's actually how it IS in China. China is a giant corrupt honeycomb. There are blurred lines between corporation/government. Corporations are often a face for government interests. It's totally corrupt, and everybody knows tha
981.
by toomim 14y ago
I've been there. I spent 6 months last year. What you might not understand is that the Chinese government has its hands in every corporation, organization, competitor, etc. You might have false assumptions coming from the US system, where
982.
by toomim 14y ago
So there's no fee when a customer buys something from a merchant with bitcoin using the coinbase API?
983.
by toomim 14y ago
This is great, but it seems a little slower than the raw box2d. Is it doing anything else on each animation loop?
984.
by toomim 14y ago
But likewise, indicating "tape reels" in a recording app is a clear affordance that you can record audio. This is a slippery slope. There's no hard boundary between skeumorphism and visual affordance, even though you'd like there to be.
985.
by toomim 14y ago
Actually, Microsoft invests more money in R&D than any other tech company: http://setandbma.wordpress.com/2011/07/22/1240/ In fact, their $9B budget is $1.3B bigger than THE ENTIRE NATIONAL SCIENCE FOUNDATION. http://www.nsf.gov/abou
986.
by toomim 14y ago
...and last I heard, coinbase keeps most coins hot! They need to fix this. Brian (ceo) doesn't recommend keeping lots of money there yet for this reason.
987.
by toomim 15y ago
* Steve Jobs