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Comment Re:Kickback time (Score 1) 314

I'm wondering whether this is actually legal, under WTO treaties. Can the US put a tax on imported German cars, to subsidize the US car industry? How about the Germans taxing French wines, to subsidize the German wine industry?

They can, and they do. Of course they can't tax cars by country of origin, so they tax according to properties of the car instead. The U.S. levies a tax on the sales price of the car, to punish high-quality imports, while the Germans subsidize high-quality cars and instead tax the gasoline heavily to punish American cars with crappy gas mileage.

The French law doesn't apply to YouTube specifically. It applies to anyone who sells video-on-demand, as TFA clearly states.

Comment Re:Kickback time (Score 1) 314

The idea that any country in the world can levy a tax on you
if you're an internet company, would be crippling.

No it's not. If you live in certain countries (or certain U.S. states) then you already pay sales tax on iTunes purchases. It's the same thing.

Of course some people are able to get around these taxes, using gift certificates, proxy servers etc, but most people don't bother.

Comment Re:Kickback time (Score 2) 314

...except when the state does it, it is legal.

I don't see a problem with the YouTube tax. According to TFA, YouTube would be subject to the already existing tax on video-on-demand. This means they would have to pay a percentage of whatever people pay them to watch YouTube (on paid channels), just like their competitors.

The tax on smartphones etc is more problematic. It may lead to smartphones that disable or cripple video streaming just to avoid the tax. If you're wondering why your cellphone or digital camera can only record 30 minutes of video, it is to avoid another tax on "video cameras" that was designed to compensate culture workers.

Comment Re:No. (Score 2) 213

That's why PGP and its ilk, open source and made by activists, might be a better option than commercial tools by companies with a strict profit motive.

If you were an unpaid maintainer of an open-source cryptography tool, and someone offered you $3 million (tax free) to use a specific random-number generator (with no known weaknesses) in your software, would you do it?

Comment Re:Guesses as to end effect? (Score 2) 202

will the company convert BTC to cash right away, or will it keep it for a while before conversion (if ever)?

From TFA: "Mr Byrne said that if Bitcoin derivatives exist when Overstock starts to accept the currency it would "bank" Bitcoin and use them to hedge the risk of changes in its value. If such derivatives do not exist, he said Overstock would trade Bitcoin into dollars every day."

Bitcoin derivatives would require a major re-write of securities law. That's not going to happen. So he would have to sell the Bitcoin immediately,

So for those wondering what effect this will have on BTC exchange rate: It will create a selling pressure as people use stored BTC to buy from Ovestock, who immediately convert the BTC into USD.

Comment Re:Damn! (Score 4, Informative) 151

But seriously, who uses a real email address to register anywhere?

In this case, members of the Swedish racist party "Sverigedemokraterna". They are trying to paint a picture of them selves as "not racist" and "merely anti-imigration", and the party leadership has adopted a policy of excluding anyone who makes racist statements openly. The "avpixlat" site was officially not associated with the party, but it was an open secret that this was where they vented their true opinions anonymously.

Now the hackers have a list hundreds of names linked to incredibly racist quotes that they will presumably publish one at a time in order to do maximum damage to the party before the elections next year.

Comment Re:Importance (Score 1) 562

So what happens if they manage to find another one of the perpetrators, does that person get off without any financial penalties because the retribution has already been allocated to another?

If the first perpetrator has paid damages, then he can sue the second perpetrator for his share. If he has not paid in full, then the victim can sue for the part of the damages that is still unpaid.

Comment Re:had 50% better signal reception (Score 1) 495

Your office and home probably have "low-e" coatings on the windows and metal foil in the insulation to reduce energy costs. This leaves no place for microwave radiation to get through.

Unless you can get the phone company to install a base station inside the building, you'll have to stick with Skype/FaceTime or similar software that works over WiFi.

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