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Comment Re:Touch ID for $100?? (Score 1) 355

If there was anything else worthwhile, wouldn't apple be boasting about it rather than us having to wait for a teardown?
I am convinced that Touch ID isn't worth $100 to me...

I don't remember Apple talking very much about internal memory on an iPad - mainly because it means nothing to the average customer.

As a result I'm hoping that the Mini 3 has 2GB compared to the 1GB inside the Mini 2. That way Safari can manage to open 2 tabs without having to force a reload (so losing your buttons and form fields) when you return to a tab.

Comment Touch ID for $100?? (Score 3, Informative) 355

If you look at this comparison chart you can see that the iPad Mini 3 is exactly the same as the existing iPad Mini with Retina Display (now called iPad Mini 2) with the exception of two things:
  1. It's got Touch ID
  2. It's $100 more expensive

I'm not entirely convinced that Touch ID is worth the extra $100. Hopefully the IHS teardown will indicate if there is anything else of value between the two.

Comment Re:Always a chuckle (Score 1) 117

I'm not especially libertarian, but I do not believe libertarianism has anything to say against dispute mediation. Bitcoin itself has the ability to do dispute mediated transactions but it's not fully fleshed out. If it was, and had been used here, a third party could have signed off on the transaction and the money could have been released, only once the machine was delivered and working.

Of course, Robocoin may have chosen not to use such a mechanism because with pre-sales, they are often spending the purchase money to actually build the machine, but that will always be extremely risky.

Comment Re:Huge spreads on withdrawals! (Score 1) 117

Well, except, you know, running an bitcoin ATM in a shop is about a million times easier than getting a full blown banking license. Right now they often charge very high spreads because there's a lot of risk involved and the machines costs have to be paid down. But in theory there could be quite a bit of competition, given friendly governments and a long enough time horizon.

Comment Re: Why..... (Score 2) 259

This is not about the "sales tax" (VAT in EU) which is typically assessed and paid in a defined jurisdiction where the sale occurs.

..... until January. It appears our glorious leaders in the EU have decided that they weren't getting enough VAT because people sell things out of low tax jurisdictions (how dare they), so now VAT on various types of digital products and services e.g. online software sales or e-books get to pay tax based on the jurisdiction of the buyer, not the seller. So if you sell software in the EU now you have no choice, essentially, but to hire an expensive middleman who handles the nightmare of filing VAT returns in every EU state. Plus you need to be able to track exactly where your customers are for tax purposes. Effectively people would get a discount for buying through a proxy so god knows how this will be implemented. Total nightmare. All driven by the desire for ever more tax.

Comment Re:Protection Against Incumbent Players (Score 1) 187

Let me preface this with the fact that I'm an intellectual property specialist. I bill $450/hour, and still have lots of time to work on my startup without having to take venture capital.

I thought about some educational answers for your questions, but the insult at the start of your comment rubs me wrong and I decided I don't owe you anything. So, I'll save them.

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