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Comment Re:...paper replacement (Score 1) 321

Every time I have to sign the receipt at an Apple store with my finger, I feel Jobs mocking me from beyond the grave. "Ha! Those guys would go back to living in caves wrapped in animal skins if only I told them it was cool!"

Comment Re:The problem is that too much of it is state bas (Score 1) 135

We had tens of thousands of engineers working for the military industrial complex and then the cold war ended... result? Many of them were out of a job. And guess where many of them lived? California. It was and still is a big defense contractor state. And what did those engineers do? Most of them found jobs in the private sector and to a large extent their technical contribution made the tech explosion in California happen. Suddenly business had access to a glut of engineers.

Not only that, they also had access to all kinds of expertise that was developed using these precious federal dollars. Network communications, microprocessors, software architectures ...
How many of those talented engineers would've matured to that level if not for the cold war investments? You can certainly argue that government oversight of all this talent was misplaced, but you can't deny that it provided the essential opportunity for that talent to develop.

Comment Re:I admire their spunk, but... (Score 1) 275

Inflation causes misallocation of resources. This is basic economics and is the reason Bitcoin is designed to eventually target a stable monetary base.

I don't know what "basic economics" you've been taught at the Bitcoin developer crashcourse, but as is, Bitcoin has been a highly deflationary currency, and at best, at some point in the future it will become mildly deflationary.

The whole thing is pretty much construed to protect against inflation. From an economic standpoint deflation is terrible. Most obviously it discourages investment (you're better off sitting on your money, and you're in a bind if you take out a loan since its real value will continually increase). Protecting against deflation is one of the key reasons why most countries manage their currencies.

This is not a problem intrinsic to cryptocurrency itself, and the folks who designed it must have known all that. So I think that either Bitcoin was designed with the aim of short-term profit goal of a pyramid-like scheme, or it was designed by some economic idealists who thought gold standard was too liberal in upholding the status quo of the moneyed class.

Comment Re:And that's exactly what I asked for. (Score 2) 2219

If you can't get the comment system right, you don't have the site! If you can't make something better, copy the existing system, and try incremental improvements only! Right now it looks like some Dingus err Disqus jackass rode in to teach us how the real comment system should work. Terrible!

Comment Drop It! (Score 1) 60

Let's be honest - at this point you're much better off scrapping this garbage, taking the classic (recoding the classic if you want) and adding only incremental improvements to it.

Comment Re:The best part about Slashdot... (Score 1) 180

Right on! It would be a terrible thing to disband this community by curtailing the comment functionalities. The discussions are by far .. by FAR the valuable thing on Slashdot, and it's as much due to a balanced moderation system as to the community itself. You don't see many other sites allowing or handling anonymous posts any more. Please don't ruin it!

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