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Comment Another invisible hand failure (Score 1) 192

Market invisible hand fails here, it seems better suited at destroying value than creating it.

And we even know why: market invisible hand theory relies on a few assumptions, one of them being that products are identical and that buyers' choices are only driven by price. Once we say that "book prices don't seem to be the deciding factor on whether someone reads a book", we know it will not work. If producing books is considered important, then the market should be regulated.

Comment Re:Not actually accepting bitcoins. RTFA (Score 2) 152

if the government thinks it's a good idea to create itself an enormous amount of new money, that currency will likely fail.

Not always. Central banks created huge amount of money to save banks after the subprime crisis, and it did not hurt the currencies. Economists tells us the increase of currency will not hurt when used during a depression, because it will not fuel prices increases.

Comment Parasite elite (Score 1) 123

Elite scientists? In that 1% group we will find heads of labs that sign the papers of any of their underlying. They also file patents and have stocks in statups. This kind of "elite" is the parasite kind.

Now I find no way to find in publication data who are the really exceptional scientists. We would have to look at paper quality to tell that.

Submission + - TLS Hardening (arxiv.org)

An anonymous reader writes: The TLS protocol guard our security for many protocols, and as such it has been subject to many attacks lately. The most heard of is Heartbleed, but let us not forget CRIME, BREACH, BEAST, Lucky 13, RC4 attacks, broken CA validation, broken revocation checks, and so on. Are you sure you spared everything you can?

In june 2014 issue of BSD magazine, Emmanuel Dreyfus publishes a helpful paper on TLS hardening (link to the standalone paper without mandatory BSD mag newsletter subscription). After introducing what a sysadmin or application developer should know about TLS, the paper looks at web server configuration, and how to cope with known attacks. The last part of the paper looks at how to harden TLS for other protocols: POP, IMAP, SMTP, LDAP, and so on.

Submission + - Want To Ensure Your Personal Android Data Is Truly Wiped? Turn On Encryption (hothardware.com) 1

MojoKid writes: We've been around the block enough times to know that outside of shredding a storage medium, all data is recoverable. It's just matter of time, money, and effort. However, it was still sobering to find out exactly how much data security firm Avast was able to recover from Android devices it purchased from eBay, which included everything from naked selfies to even a completed loan application. Does this mean we shouldn't ever sell the old handset? Luckily, the answer is no. Avast's self-serving study was to promote its Anti-Theft app available on Google Play. The free app comes with a wipe feature that overwrites all files, thereby making them invisible to casual recovery methods. That's one approach. There's another solution that's incredibly easy and doesn't require downloading and installing anything. Before you sell your Android phone on eBay, Craigslist, or wherever, enable encryption and wait for it to encrypt the on board storage. After that, perform a wipe and reset as normal, which will obliterate the encryption key and ensure the data on your device can't be read. This may not work on certain devices, which will ask you to decrypt data before wiping but most should follow this convention just fine.

Submission + - Highly respected engingeering school graduates more women than men 3

kevmeister writes: Harvey Mudd College, a highly regarded engineering school in Claremont, California, announced that 56% of the latest graduating engineering class was female.

The article makes it clear that Harvey Mudd did put substantial effort into increasing female participation in STEM majors and that the overall graduating class or 2014 was almost half women.

Looks like (with effort) it is possible to get women interested in STEM.

Submission + - How deep does the multiverse go?

StartsWithABang writes: Our observable Universe is a pretty impressive entity: extending 46 billion light-years in all directions, filled with hundreds of billions of galaxies and having been around for nearly 14 billion years since the Big Bang. But what lies beyond it? Sure, there's probably more Universe just like ours that's unobservable, but what about the multiverse? Finally, a treatment that delineates the difference between the ideas that are thrown around and explains what's accepted as valid, what's treated as speculative, and what's completely unrelated to anything that could conceivably ever be observed from within our Universe.

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