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Comment Re: So... (Score 4, Informative) 464

Incorrect.

You can literally deposit $170 to GDAX (coinbase) right now (if it were not crashing) and buy 0.01 BTC, there is no minimum to open a trading account on coinbase.

To trade on equity markets you could go open an account with Fidelity, Schwab, or Robinhood (if app only is your thing) right now with no minimum and go trading to your hearts content.

Comment Re:So... (Score 4, Insightful) 464

People said that at 100, and at at 1000. Reality is no one knows where this is going to end up. I could just as easily see it be at 10 or 100,000 by the end of next week.

If you have a crystal ball, feel free to short BTC right now and make a fortune. My point remains, it is easier to say it will crash than say when it will crash or what fair value is.

Comment Re:What's the big problem? (Score 1) 675

The single largest source of credit card fraud losses is card cloning either via skimming, or database compromise. Chips will prevent that. The PIN as you mention only stops stolen card fraud which by comparison is a tiny amount of losses and is generally detected quickly. Shutting down a stolen card is easy.

Banks probably did the math and figured that customer support issues and infrastructure for PINs were not worth it, so they'd rather continue to eat the losses on it.

Comment Re:Office365 -- Windows365 (Score 1) 285

You laugh, but David Mitchell made a point on one of his soap box youtubes about durable goods on a subscription model might yield better quality than the model we have now. The exact example he used was a table I think (or possible a chair, either way link below).

https://www.youtube.com/watch?...

Comment Re:To be fair, the Feds seemed to be pretty thorou (Score 3) 67

Enough circumstantial evidence will secure a conviction (without something exculpatory in defense), at some point it stops being a just series of coincidences. People do get convicted on nothing but circumstantial evidence all the time. The standard is "beyond a reasonable doubt", not "beyond all doubt".

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