Visa and Mastercard tried this transaction fee model, and we all know they went out of bussiness. Case proven.

But located in your garage or driveway.

See it's like someone identifying your car in a crime. Doesn't prove you ere driving. Well, more like a crime that occurred in your garage and your car never actually left the garage.

There were 440 pounds of batteries on one of the cargo items. Fire seems plausible and might explain the alleged radar track to 40k feet. Alternatively other 777 have reported a fuselage cracking problem around the satellite antenna. Decompression from that could explain the dive to below 12000 feet , the loss of some communication ( if the Ping channel a different antenna?) and perhaps incapacitation of the pilots. But this seems less likely.

The most interesting thing about the Inmarsat anaylisis is that it relies on the dubious and odd radar track of the Malaysians that showed turns at VAMPI GIVAL AND IGREX. My theory was that these were mistaken reads miss attributed from SIA 86 another 777 at the same place and time. The Inmarsat people seem to say that the north south symmetry is broken by using that flight path. Yet this path makes no logical sense for an accident. It would have to be volition and shows control .

I'm inclined to go with accident still and thus don't believe that flight path. I thus don't believe the Inmarsat analysis that relies on that. But I do believe their conclusion that it went south.

The perfect correlation with similar flights they report is however a large fly in my ointment. It a remarkable coincidence this flight was so perfectly aligned with the satellites orbital track that it created this north south Doppler symmetry!

As much as I deplore the kow tow to Comcast, I hardly think google is messaiah here. Google has been buying up dark fiber as well as building out its own networks in cities. I doubt this is benevolence at work. All your data will be sold. Just a different profiteering model that a monopoly can impose.

Update:
need to make a slight revision of the theory. After consulting a better map I see that The Igari-Vampi track would actually put it over Mali not off the coast of perth. Instead the revision is that the system was off autopilot and functioning in stable flight dead reckoning. the prevailing winds pushed it off that course towards australia. It's in the water on the last ping arc somewhere 4 hours from perth.

This earlier slashdot post still seems like the best theory, nothing seems to contradict it
http://slashdot.org/comments.p...

I always feel good when I hold my Yellow fluke. Somehow I associate that color with a symbol of quality. SO as stupid as copyrighting Yellow for multimeters sounds when you say it out loud, I can see that this is actually something of immense value to the brand in this case. If you are not a EE then you probably don't understand this sensation.

I suspect they honestly did transfer the keys to a new wallet at some point. Then some time later they "stole" them by deleting those keys from the new wallet (keeping a backup in their hideout) but forgot there might be other copies of the key around when they deleted the keys in the new wallet. The person that stole them might not even realized there was an old wallet. That is how would anyone know the past wallets a key might have resided in. there's no history that tells you how many copies of a key exist. So if you think you have the only one, you might try to steal it.

Consider, What does it mean for a bitcoin to be lost or to be found or to exist. To be "lost" it means no one no longer knows the bitcoin's key. Yet you can also have more than one copy of the key. For example MagicTux might have "stolen" the coin (that is, transfered a coin to a key, deleted that key from the mtGox data base ("oopsie") but secretly kept a copy of the key somewhere else. But then suppose that not all copies of the key were deleted. Both the "found" key and the one lurking in MagicTux's hideout are the same valid key. Either one can spend the coin.

Thus there is not one copy of the coin to be found. there could be many.

If you give someone control of your wallet, so that they know your keys, you can never get back that control. They can always keep copies of it and have the authrority to spend. THe only way to recover control is to make a new key and transfer the coins to that. Thus these exchanges that manage your coins are scary.

I wish there was just some voluntary static typing in python. By this I don't mean run time voluntary type checking. that makes it slower. No I mean a pre-run time filter that optimizes the .pyc to the extent it can.

Here's a link:

http://www.gizmodo.com.au/2013...

Does Google not recall the NSA post it note showing that they intercept the post-SSL server to server commuincations within the googleshpere? NSA doesn't care about HTTPS to google as long as that back channel is still there.

We begin with Goodfellows argument for a fire which, by the way, was also raised by another anaylyst. The we demolish Slates counter argument.

1) There's an electrical fire, all the breakers are tripped (removing the data transponders and maybe the communications). http://www.airtrafficmanagemen... http://www.wired.com/autopia/2...

The Malaysian primary radar inferred a flight path with the turns at VAMPI and GIVAL after the Lankawi International airport overflight:
supposed: flight path :http://skyvector.com/?ll=10.332212843477643,95.11743164439306&chart=304&zoom=8&plan=F.WM.IGARI:F.WM.VAMPI:F.WM.GIVAL:F.VO.IGREX

So Slate asks how do we account for the red herring turns at VAMPI and GIVAL?

3) Coincidentally, after the incapacitated MH370 overshoots the airport, at that very moment UTC March 7 18:00, another 777 flown by Singapore Airlines (Flight SIA 68) crosses MH370s flight path.

http://www.flightradar24.com/2...

4) MH370 is low since its trying to land and so the Malaysian Royal Airforce primary radar is having some trouble following it. The primary radar initially sees one 777 (MH370) then after losing it confuses this with SIA 68, which is the only 777 they can now see in the air at the same GPS coordinate.

5) SIA68 then executes two planned waypoint turns (GIVAL and IGREX), so we get the red herring that a skilled pilot was in control of the flight just before SIA 68, not MH370, goes off the end of the Malaysian radar

We add one more flourish to explain why the Indonesians also missed the (tiny) overflight of one of their archpeligo, a point Slate did not raise.

6) The pilots are incapacitated as MH370 continues on the same line, skims low over the tip of indonesia and flys out into open ocean. As it happens at 18:05 UTC Flight UAE343 (as well as one other flight before it) , also a 777, is also flying over the tip of Indonesia at that same moment so again a potential for misattributed distant radar returns.

http://www.flightradar24.com/2...

Finally tie it into a bow to answer slates last objection:

7) if you extend that line out it will eventually intersect the supposed last ping satellite transmission radius somewhere far off the west coast of Australia, perhaps vaguely near the Coco islands. I can't be too precise because the maps are not draw with correct spherical geometry.

8) since Goodfellow's claim a new set of facts has come out that aid it further. It has been now revealed that the Lankawi overflight path was entered into the computer prior to the "goodnight all is well" message from the co-pilot to the tower. Some people saw that premeditaion as suspicious. However It has also been revealed that extremely conscientious pilots do this routinely. they program the nearest escape path into their flight computers and keep it updated as they travel from way point to way point. they don't hit the execute button. It's just there already to go if things go south and no matter who is flying the plane at that moment. Goodfellow also said the first thing he saw was a pilot who already knew what he was going to do in an emergency and didn't have to think about it. So rather than being suspicious it explains a lot.

Goodfellow also noted that while there is some uncertainty about the strange climb and dives inferred from the (altitude-unreliable) radar data, that these are consistent with a huge smoky fire: climb to 40,000 feet in a desperate move to starve it of oxygen. Then dive at a ridiculous rate to try to blow it out or at least get close to ground for a ditch in the ocean.

the theory is that by the time they got close to Lankawi the pilots would have used up all of the chemical smoke filters they carry for smoke protection (~ 15 minutes maybe) and cockpit would have been overhwhelmed by smoke. If they were not dead (most likely) then about all they might have managed was restoring the autopilot at that point.

While you jest about Hot Wallets I think this really is the issue with Bit Coin. Specifically the incidents with bit coin lately have revealed first of all how robust the underlying system is, while also revealing how vulnerable the commerce mechanisms that wrap it are. It make you realize what you are paying Visa it's percentage for. Not the transaction mechanism, which bit coin shows is cheap, but the transactional security. If I send my bitcoins to someone either for payment or for "safekeeping" (cause I don't trust my own security from getting hacked) or for an "exchange", and I am cheated then the money is gone, flown across borders, and not even the laws are sure it has value let alone worth the cost of enforcement. With Visa I can be ripped off to, but Visa is pretty darn good about trying to keep the customer happy (better than paypal! ). That is bit coin is a great mechinaism but there's no defined trust wrapper for it. But there could be. If some place like Amazon or Alibaba were to escrow the bit coin transactions they could become the enforcer of trust. And of course they would get a fee.

So my point I guess is that while we tout bit coin as being a cheap transaction that doesn't need The Man, if it's going to become big then The Man will have to be involved. But the cool thing is that if that happens you can still do your back alley transaction without the Man's help-- your choice. Moreover, there can be lots of different trust mechanisms, not just one Visa alliance.