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Comment Re:My guess (Score 1) 631

So there's the difference between bitcoin and national fiat currencies: national fiat currencies have as their commodity the mutual defense of the nation, which in turn makes for more reliable business, and thus profits.

With bitcoin, the valuable commodity is... finding a greater fool. In other words, bitcoin is entirely bubble.

In case of bitcoin, the valuable comodity is it's properties. You are fool if you think that national fiat curencies will last forever. I encourage you to find the mean life-span of past curencies various nations used.

Comment Re:As Frontalot says (Score 2) 631

by all reports that is what happened. Mt god had a fatal flaw in their version of the bit coin processing software. A flaw which could be used to duplicate and then steal bit coins.

No bitcoins were duplicated. The flaw was that customer withdrew bitcoins, then contacted mt.gox support and claimed that the transaction didn't go through and mt.gox sent him another bitcoins because their transaction tracking was flawed.

Comment Re:Wow... dumb (Score 1) 631

So a currency that is supposed to untraceable and outside government control, is safeguarded by the same law it is claiming to be outside the control off.

Bitcoin is not supposed to be untracable, that is a myth, see blockchain. Every transaction can be traced to unique bitcoin address.

Also bitcoin is not outside of all govrrnment control. Nothing is. Bitcoin has no central authority which could print new bitcoins but that doesn't mean is somehow stands outside of existing laws.

Comment Re:He will (Score 4, Insightful) 377

Fact is, I'd have had much more respect if he'd done his play to cameras, and then just followed through the legal system properly. We would have all kept an eye on it to make sure suspicious things didn't happen, and at no point would you have broken the law.

Suspicious things already did happen. Interpol invovlemnt in this kind of charges is unheard of. The constant monitoring of his residence by several UK policemens is also unheard of. The whole sequence of events after the "sexual assault" case his highly suspicious (he was questioned, than he was released and told he can travel off the country, after he did it, suddenly, both of the "victims" changed their minds and he is wanted for another questioning again). All of this makes me believe that this is indeed political case and mr. Assange is right to be afraid to travel to sweeden.

Comment Re:or stop hiding... (Score 1, Troll) 377

It's the fatal flaw in dear old Julian's argument: He's worried about the Americans getting hold of him, so he'd rather stay in the UK where extradition to the US is easy, rather than go to Sweden where extradition to the US is much harder. Or maybe there's another reason....

In the pirate bay case history has shown us that sweden and it's authorities easily succumb to the pressure from U.S. I think that Assange's fear of return to the sweeden is very well justified.

Comment Re:I guess theoretically... (Score 1) 141

...that there's only a finite number of stars in the observable universe, so eventually they'll exhaustively find the oldest one of the lot, provided they can see it, and accurately verify its age, and tick off all the other candidates so as to ensure they have the correct answer. Then one has to ask what real-world survival problem will ever be aided by such research?

Studying old stars will help us understand how our universe began. We will learn about the fundamental forces in nature, how the big bang happend, what is the relation between gravity and quantum mechanics. If we understand that, the posibillities are endless - warping spacetime, FTL travel, unlimited energy sources etc. That could solve a lots of real-world survival problems we have today, certainly more than funds spent on wars or propaganda.

Comment Re:Set for a crash anyway due to difficulty of min (Score 1) 249

In a few years we'll look back at this and laugh at the bitcoin pyramid players as if they were methheads. In the meantime it's a obvious scam baited for geek. We've become mainstream enough to attract predators.

Six years ago, when bitcoin started, slashdot haters were "predicting" that this "scam" will collapse in months. Now it should last few years, that is improvement! In few years maybe you will even realize your error and admit that bitcoin is indeed revolutionary technology!

Comment Re:Its own weight? (Score 1) 193

But how can the black hole's mass go down when particles are being added to it?

Pair of virtual particles is created on the event horizon of black hole. One particles falls into the black hole, other escapes it. Total energy of the virtual pair must be conserved. The particle that escapes the black hole has positive energy, so the other particle must have equal but negative energy. When negative energy is added to the blackhole, it loses some mass because energy = mass.

Comment Re:Another retarded libertarian (Score 1) 94

He used the money he made to arrange a murder. How is that at all defensible?

Easily. Someone extorted him and users of his site even if he caused no harm to anyone. Government refused to help him. If he ignored the threat, he and his users would end up in jail. Under those circumestances, killing the extorter is perfectly sensible defense. The main problem is of course the fact that selling drugs is illegal.

Comment Re:Planned intimidation tactic (Score 2, Insightful) 1034

That is future "glassholes" are working to bring and it is freaking nightmare.

You are shooting the messanger. The progress in our technologies will bring the lack of privacy you describe regardless of google or any other group.
Our only option is to deal with it. First step would be to abolish stupid laws which force us to do many things in secret like criminalisation of drug consumption and production.

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