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Comment LMBO (Score 1) 199

When is fuckedcompany.com coming back?

Or is it just too sad to see that the internet is basically ran by 1/1000th of the amount of manpower in the 90's with 1000X the power/capacity?

Comment Not one single action... (Score 4, Interesting) 330

..has been proposed or enacted by the federal government on bitcoin.

The problem is that this marketplace doesn't want a competing currency, they want a way to electronically move money around "anonymously".

The government is saying no to sidestepping financial regulations and other laws. You're right about one thing. I seemed to take much longer than expected.

Comment Re:The man was not shot for texting (Score 1) 1431

The "shooter" did exactly what a person should. Asked the guy to put it away (repeatedly) and then went to get an employee, when he came back the texter escalated the situation and it is completely unclear at this point what happened next; "someone" threw popcorn and that's the last detail we have aside from the wives hands being in the path of the bullet which could indicate she was trying to restrain the texter. We have no indication if there was/wasn't a physical assault involved.

Comment Re:Double bind (Score 1) 1431

Texting on your phone in a darkened theater and refusing to stop after being asked to several times and then throwing a fit when someone goes to complain about you.

Seriously though. The lesson to be learned here is that there are better reasons to be courteous than just because it makes for a better society: There are lunatics out there one straw away.

Comment Re:This should be enough (Score 1) 203

If the fact that pretty much every "legitimate business" that has been involved with bitcoin has either gotten royally screwed or has royally screwed its customers hasn't dissuaded them this surely won't.

I wouldn't be surprised if the coin client linked in that article has some trojan.

Comment Re:Far from harmless fun... but (Score 1) 258

Good point. But wait...why don't my cheetos cost 1400$ a bag then?

Ohh yea, there is a regulatory body in place to make sure that wild valuation swings don't happen minute to minute.

It amuses me that people think they have a new idea about currency when in such a short time it has exampled the pitfalls of every single unregulated on before it.

Comment Re:SHOCKED! (Score 2) 258

This guy is being paid anonymously in what he considers a currency to send a physical representation of that to another location to which he does not verify is the originator. From my very limited understanding of the law that is what the feds are taking issue with.

Also, he is essence creating a physical currency. But I'll let the feds figure out what is and isn't legal with those coins and what is and isn't transferring funds.

Anyway, the point is that they are going to attack anywhere bitcoin tries to leave "the cloud". Silk road put bitcoin in the feds crosshairs and they aren't going away.

Comment SHOCKED! (Score 2) 258

....That it took this long for the feds to come in to play. No matter how neato your new currency is; if it's heavily used to electronically launder money and/or buy illegal items the days are numbered. Bitcoin -> Currency has and always will be the choke point the government(s) control. Unless they somehow setup a 100% bitcoin society but I don't know how that would work.

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