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Comment The transactions are public...follow the money (Score 1) 704

So how exactly does one "steal" the coins? The blockchain is public. If you know the wallet ID of where the funds went TO, it's not that hard to follow those coins around until they (someday) exit the system as hard currency entering someone's bank or being spent on goods/services that are delivered to a physical human being.

Comment Re:Cellular is the business model (Score 1) 424

What about those of us that want to use the Internet but have no use for TV programming? Of the several hundred channels available to me, I probably watch maybe 3 or 4 more than once a month.

If all the TV programming fell into a chasm in the Earth tomorrow, it would likely be a week or so before I noticed. So why should I have to subsidize it for the rest of the boob tube crowd?

Comment Re:Wait... (Score 4, Interesting) 81

Indeed. MtGox has been tainted with (at best) incompetence or (at worst) fraud for quite some time now. It could potentially be both.

In any case, bitcoin owners/miners have voted with their feet to the extent possible and MtGox has gone from the largest to one of the smaller players in the bitcoin exchange arena. There are still quite a few unfortunate folks with their funds trapped within MtGox. We'll see if those funds are eventually released or become part of an eventual bankruptcy proceeding. That might be great in the longer term since the courts will eventually sort out the role of BTC in the world of finance, but it might be bad for people who put their trust in one of the early exchanges.

Time will tell.

Comment Hire locally (Score 2) 271

If I had a nickel for every "consultants by the pound" pitch where they sent in just barely competent coders for me to review, I'd be a millionaire (all of the big subcontinent body shops are guilty of this). Then they've got the balls to pay these poor saps peanuts and attempt to bill me $100-200/hour (depending on how many hours they've spent in front of an Idiot's Guide to C## training video). Then you see all the even poorer saps who are going through 2 or 3 layers of additional consultancies before they make it to our HR dept's door. I feel bad for them, but...I'd rather just recruit at local universities and get people who have identifiable skills, already speak English that most folks can parse, and won't get rotated back to the subcontinent randomly as one or more of their handlers has "visa issues."

Talk to your local university with a decent Engineering or Comp Sci curriculum and start recruiting. Save time, money, aggravation, and help our own college grads get into the game. I refuse to even take calls from the body shops anymore even though my corporate overlords are trying to force the issue. It's just not worth the hassle.

Comment Re:Forget ratings, measure ROI. (Score 2) 302

Re: the value of an education does not reside solely in earnings potential

Maybe for the independently wealthy, that's true. For most people, we borrow money to go to that fancy university and then we've got to pay it back plus interest. Spending years in hock to attend a school that has limited potential to aid me in getting a job to pay off that nut is not particularly useful regardless of how much I might enjoy that semester studying the works of Euripides.

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