I see your point, but the problem is that the government can gain access to any information it wants. In fact, if you are dealing with commodity/futures data/accounts, the CFTC was given blanket subpoena power after the 2008 crash.

As anyone knows, Google receives several federal subpoenas, and it attempts to cooperate with as many as possible. It has to as a public, U.S. based entity. It seems ludicrous that Schmidt would make this claim, but unless someone has gone through this system like I have (read my story here The Market is not Random), I guess they wouldn't know everything the governments are capable of doing.

Careful, Mr. Schmidt.

Yes but will he be charged with a federal crime? Doubtful even though he knew what he was doing. I didn't have criminal intent. My Story

yet, the money in the bank is subject to federal depository insurance, and the credit cards have measures in place for fraud.

I don't believe that it is absolutely uncountefeitable. I did read the Wiki on it, but I don't think that any item digitally-based is safe. We are on /. after all ;)

I don't see a digitally created currency the same way as I would view a commodity such as gold or oil. The creation itself seems troubled with the possibility of fraud. The unregulated trading of the currency is also open to fraud. As someone who was charged with fraud and conspiracy, it alarms me.

I find the emergence of bitcoin and other virtual currencies alarming. We have "free markets," that are governed by some type of ruling bodies be it the IMF or the Fed (not a government entity, for those that didn't know). However, the acceptance of an unregulated currency is strife with the ability for fraud and manipulation. However, as a stock trader (see my blog The Market is not Random), the emergence of these currencies that trade on pure technical patterns is something that must be embraced if it becomes publicly accepted.

I just hope it does not become publicly accepted. Can someone help convince me that bitcoin is the way to go?

the article is about sharing information without disclosure... what did I miss?

Although I knew that I would lose several civil rights, such as carrying a firearm, etc. I never believed that being put into the Department of Justice and the Federal Bureau of Prisons would mean that my personal health history would be shared across thirty-five departments. I do not mind this, and it does not surprise me. However, this is just another example of big brother making decisions that are outside of my control.

See my story at The Market is not Random.

-Anthony

If you are someone who researches the financial markets, there was a famous trader going back to the late 1800s named W.D. Gann. Gann's analysis of time was always that it was a subjective, illusory edge with respect to defining market movements, but that the definition was quantifiable at the highest of levels. In my book, "The Market is not Random.," I explore this subject more and think it is relevant for this conversation.

What's more, I think this article's timing is perfect with the recent theatrical release of "The Theory of Everything."

So, /. is time real or is it imaginary?

#87 as of this instant: Amazon Kindle

I have been getting several questions about my book, "The Market is not Random.," lately, and it is an amazing experience to engage with readers. Between posts on my blog TMINR, twitter messages, and general emails, it has been a tremendous learning experience.

As my book has breached the top 75 on Amazon's finance section, I have noticed that I am slowly approaching the "Tipping Point" as Mr. Gladwell lovingly pointed out, and I hope to one day fall off that edge to be in a position to gather my own group of questions from the /. community.

Your sarcasm is shallow minded and irrelevant to any real substance. I did not even insinuate this to be true. I merely stated that I observed the constitution being utilized by the US in some circumstances, but then completely ignored in others, which makes it a document utilized ex parte.

One thing I learned with going through the federal process (see my bio at The Market is not Random), is that the constitution is irrelevant and that the use of it becomes pure interpretation and loophole. I doubt that the current legal structure was anything close to the forefathers imagined, but never doubt that the governmental employees will utilize any and every loophole at its disposal to justify its actions. The oxymoron of united states government.