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Comment 111,000 bitcoins lost? (Score 1) 82

If I understand correctly, that means there's an address that owns 111,000 bitcoins, and that no one else is claiming ownership of it, or simply transferring the coins to a different address. I could understand a few blocks being mined and not claimed, but 111,000?

Assuming they don't belong to the alleged fraudster, does that mean those coins have been lost entirely?

Comment Speaker connection. (Score 1) 110

Still relevant https://www.reddit.com/r/funny/comments/teu2k/car_stereo_i_wanted_10_years_ago_vs_the_one_i/

In my car, I like the built in speakers, and don't care about the rest.
I'd much prefer a standardized slot/harness, so I can easily go to someone other than the dealer and get what I want.

Comment Copy machines (Score 1) 462

Some countries banned copy machines.
I'm sure it reduced copyright violations, but I still think it was a bad idea.

The value of a machine that can make a metal part from a design I download from the internet is very high.
There's no reasonable way to police it. Proving that is sort of the point of the Ghost Gunner.

Rather than try and legislate reality, I'd rather lawmakers accept that CnC machines exist and people can do things with them they don't like.
The machine is a symptom of the problem, not the problem itself.

Comment Re:Make it the processor's job. (Score 1) 195

How would that even work in practice? Payment processors don't have an exhaustive list of every service provider, up to date contractual listings and points of contact for negotiation and terminating such contracts. Heck, many such things would be impossible to even provide for small businesses in the first place.

How do they know it's okay to charge you periodically if they aren't keeping track of that information?
Do they just accepting the word of a random company that someone asked to be charged?

They don't have to know everything about every contract, they already allow you to pay once, they just need to add an option that allows you to make that payment repeatedly, for a fixed amount of time, or until you cancel.

Comment Make it the processor's job. (Score 2) 195

Another place that "Financial service" companies have dropped the ball.
Subscriptions are things that happen often enough that payment processors should have a process for signing up for them, and for canceling them.
I.e. When I want to cancel, I should be able to talk to VISA, not Comcast.

It doesn't have to be easy, but it shouldn't be up to the producer to decide how hard it is.

Comment Streamers are fungible, content is not. (Score 1) 111

If I want to watch Outlander, I don't really care who delivers it to my TV.
Britannia is not a substitute.
I care about price and convenience, not HBO vs. Netflix.
Costs for a streaming service used to be dominated by bandwidth. Bandwidth costs plummeted, and that changed.

The first "streaming service" middleman who charges only a small fee to connect the people who create video directly to the people who watch video will crush all the others.
And frankly, good riddance to the others.
I'd much rather pay Mutant Zombie productions directly for the stuff they make.
I'm okay with paying a small fee to the agent who handles collecting the money and delivering the content, but again, it's about price and convenience.

Back when bandwidth was expensive, the companies that could stream made decent money.
Streaming isn't the big profit center anymore, and it never will be again.
Netflix knows this, that's why they're busy making content, trying to become a content producer.

Comment Moore's law FTW. (Score 1) 168

Hard drives are being destroyed because after a few years they're too small to be useful, even if they were as reliable as a new drive (which they aren't).
Add in the risk of data leaking, and old drives become less than worthless.

It might be possible to engineer drives with (relatively) easy to remove platters.
That way, we could could recycle the rest of the drive and still be confident that the data was unrecoverable.
But I doubt they'd be economical even so -- it would probably increase the cost more than you'd get for the scrap.

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