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Comment Re:You go Australia (Score 1) 127

If the government had never sold Telecom we would be up shit creek without a paddle. Telecom were complete bastards, until competition appeared we had one of the most expensive and least useful telecoms networks in the world. We still have problems with price, but usability is slowly getting better (no thanks to Telstra though). Optic to the hub or home is an unrealistic dream for a country this fucking big. Demand for high speed optic fibre cable is 20 years old and was met in small island countries like Japan, Taiwan and Maylasia but has stagnated in our country which is as large as the USA but with less than a tenth of the population.

We could implement now what the progressive countries had in the 90s or we could try to embrace the future by investing in the private sector, and especially wireless which looks to be reaching 120mbps on 4G. In other words, the fibre network will be outpaced before it even gets laid as mobile speeds exceed those of the fixed lines. 'Redundant before it gets made' is not the technology that Australia needs to sink 43 billion+ dollars into.

Comment Re:Okay... (Score 1) 316

There's nothing much stopping say a Chinese firm reverse engineering the current iPhone and replicating it using existing technology. In fact there's never been much of anything stopping individuals from recreating any patent, that is one of the intentions of patents after all. Thinking this would be the death of patents is like saying downloads are the death of copyright. Sure, the technology disrupts things but the legal system always finds a way to screw us over.

What's stopping someone from pirating the iPhone in 2050? How's $1 million in fines per infringing copy sound? I'm sure the legal minds will think of something.

I admire that you think we'll escape the IP trap so easily, as if technology were the only obstacle. Perhaps it's you thinking too small though, if we have replicators that can replicate an iPhone we should be also able make a replicator, and pretty much anything else to boot. We would be transitioning to a post-scarcity society. Would IP matter in such a world?

Comment Re:You go Australia (Score 1) 127

I prefer profiteers to tyrants, but either way the NBN is absolutely stupid and is no excuse to impose a load of bureaucratic totalitarian bullshit on Australia. We finally are rid of our old telecoms monopoly and what does the government do? Start a new one! They project demand at 80% of households when nowhere near that level of demand is present in the trials, and the only growth in the sector is in wireless not fixed lines. They expect 15 years at 80% will pay off half the costs. Do you really think this will be state of the art in 15 years? The private sector is the only solution to coping with the rapid technological change. The NBN will be a joke, a great example as what not to do when developing technology infrastructure.

Comment Re:Good. (Score 1) 374

Yeah, I'd say that IP breaks the 'nothing new under the sun' rule, and I fully support people who remix works while violating copyright, but to simply reproduce and violate is a step too far. What we need is copyright that lasts for a reasonable period of not more than a few years, and by few I mean two or three at most, with liberal fair use and allowing remixes alongside parodies.

Going back to my adolescent VHS and casette pirating years, I believe the loss of quality justified fair use of the medium, but with digital there is no loss. I know the music cartels are corrupt.

I feel we're a while away from a market based instead of a black market solution but we are getting there slowly. I do know that in 100 years they will wonder why the hell we didn't immediately embrace infinite reproduction to its fullest from the start.

Comment Re:What? (Score 1) 150

From further down it states:

... If you hold a balance in your PayPal account, your funds will be pooled with money from the PayPal Accounts of other customers and deposited by us with a licensed bank in Australia. This does not effect your rights to withdraw funds from your PayPal Account. We will hold your funds separate from our corporate funds and not use your funds for our operating expenses or any other corporate purposes.

So it looks like they aren't quite a bank, they just need to keep any deposits in a real bank, seperate from their corporate account.

Comment Re:What? (Score 1) 150

From their product disclosure page: "PayPal is licensed by the Australian Prudential Regulation Authority as an authorised deposit-taking institution authorised to provide purchased payment facilities." So yeah, they're whatever that means.

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