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Comment Re: It won't work (Score 1) 135

Look what happened to the banks. Do business with a country the US has decided to dislike? Have some American's money in your vaults and not reported it to the IRS, in compliance with your own country's laws? The US government will find ways to make things very painful for you.

Microsoft, Google, Facebook, Yahoo, Intel, Dell, HP, Cisco, IBM, Amazon need to band together and say to the US, "If you don't stop this douchebaggery, we are pulling the plug. The short-term damage to the economy will be huge, but a lot less than the long-term damage you are causing."

Comment Re:Every cell phone is a lo-jack... (Score 1) 216

Think of all the data Google must have about you in order to provide the free service you receive from them - you emails, your photos, your location, you ED searches, etc., etc.

Well, because you have shared that with Google, you have no expectation of privacy, so the government can take it whenever they want.

Comment Re:/.er bitcoin comments are the best! (Score 1) 253

You are forgetting another factor in the equation, which is the velocity of money. Compared to other currencies, bitcoin is almost frictionless. This means it can sustain a high velocity compared to dollars and pesos, which counters its deflationary structure.

The same bitcoin can make the peso-BTC-$-BTC-peso roundtrip a hundred times a day while the credit card transaction $ is stuck in the bank for at least a day, even with fractional reserve banking.

Comment Re:big news! (Score 3, Insightful) 299

You are wasting your time arguing against government meddling in markets. This /. article alone is full of posters extolling the virtues of regulations, subsidies, rules, taxes and mandates. The Koch brothers are grateful.

The same applies to the healthcare business, where we have reached to point that going to a doctor's office is no different to going to the DMV.

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