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Comment Re:Now we'll find out something (Score 1) 134

You think a guy steeling that kind of cash would have gotten something other than a Honda Civic from England. He either has bad taste in cars or he wasn't squandering money quite as lavishly as this article leads you to believe.

I couldn't agree more. Unless he was really trying to impress a single mother of two in Japan.

Comment Re:bitcoin (Score 2) 134

Technically speaking, bitcoins are not financial instruments. Producing a bitcoin is effectively a gamble. So entirely bitcoin system is a gambling institution. And exchanges act as token brokers. In gambling terms, they are the house. I don't think casinos are treated as financial institutions though. And for anyone actually looking to regulate bitcoins, casinos are probably a better model. People can exchange chips among themselves anonymously. But if they want to exchange them at an "established" location, then they have to do it through a cashier acting as a broker. This is what exchanges are.

Except that they have "accounts" where they hold your money and do whatever they want with it in the meantime. It makes them much more like banks. Of course they go to great lengths to dispel that, since it would mean regulation and oversight.

Comment Good idea (Score 1) 449

Get rid of copper POTS and the regulation surrounding it. Enact new regulation requiring the same level of service along with low end data be provided over fiber to each home.

Just because copper as a medium is obsolete does not mean the necessity of communication service is obsolete.

Comment Re:Scientists warned of global warming for decades (Score 1) 230

Exactly. Did the developers make perfectly clear to the buyers what risks were involved? If so they're off the hook, if not...

Ditto on resale - did the fully-informed previous owners pass on the dire warnings to the new buyers? If not, then *they* are the ones on the hook for manslaughter.

This is America. Nobody's off the hook when a lawyer is involved. Ever.

Comment Re: Anybody should be able to open an e-book shop (Score 1) 88

I agree that self-publication on the web would probably generally be a good thing for authors and readers, but I can think of a few obstacles:

  1. Marketing isn't easy or free

Nor is marketing necessary. I don't think I've seen a lot of marketing for books over the years. Sure, one or two here or there. You see more marketing for a single movie than you probably have in your entire life for books.

Comment Re:The point of an exchange (Score 1) 48

Ok, probably a stupid question here ! What is the point of an exchange in the bitcoin world ?

It's just a bank that accepts bitcoin. Bitcoin banks (aka exchanges) are still unregulated and underinsured except in China. Since most banks won't take bitcoin, you can't trade bitcoins for other currencies at those banks either. An exchange is necessary to do much with bitcoin since there are precious few places to spend a bitcoin directly now that silk road is defunct.

Comment Re:Still worth it (Score 1) 276

The 2 day part is just a perk, but honestly even if I were paying for the normal 7-10 day shipping it'd come out to more than $100 a year just from the textbooks and general things I order.

It's not just free 2day, it's also $2 overnight shipping! That's the only reason I have prime. All the other crap, such as streaming movies I don't want to watch is just useless fluff. $100/yr for free 2day or $2 overnight. That's what makes amazon.com for me. If it weren't for this, I probably would not buy from the site.

Also, you get to give out free prime memberships to your family members.

Comment Re:Winding down? (Score 1) 111

(although, with the advent of much cheaper LED lights, this may not be as much of a problem anymore).

Cheaper yes, cheap no. Cheap enough for third world families to buy them? I really doubt it. I just bought my first household LED's a month ago. They were almost $30 each.

Comment Re:What?? (Score 1) 180

There is no reason to assume that TCP/IP or QoS will be standardized upon or even used at all here.

There is every reason to assume that. The car manufacturers are working hard not just to standardize on IPv6 in general, but in fact to have a common approach to such things as address allocation. QoS will be much easier to handle with ethernet, not because it is less complex but because the code is already written and widely deployed.

Also, QoS is a total dog if you are trying to employ it on consumer grade equipment.

I must admit that I have never tried to use QoS on ethernet with consumer grade equipment. Why would you want to though? Generally you have precisely one switch at home, and that switch is typically capable of simultaneous full speed on all ports, so it only drops packets if multiple input ports are trying to send more than 1 gigabit in total to one output port. I have difficult imagining that scenario in a home.

QoS on the WAN is entirely different, but the WAN is typically not yet ethernet, or at least not ethernet at standard speeds.

Perhaps FIOS is still atypical. 300Mbps/75Mbps is what I've got. Pity I can't get 300/300.

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