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Comment Re:Guesses as to end effect? (Score 1) 202

Yeah... If Overstock.com really wanted to start taking Bitcoin right away, they could just use the Bitpay API and be done with it. I couldn't see setting that up taking more than a few days of development and QA testing.

It's actually a pretty good way of accepting Bitcoin, as the conversion to US dollars is done almost instantly.

Comment Re:Is his reasoning flawed? (Score 1) 691

Heh... you're assuming that Bitcoin is going to be wildly popular and every person on the friggin planet (even the ones who don't even have electricity now let along stable Internet access) are going to be using it to make ALL of their currency transactions.

I'm sure that's a problem that the Bitcoin Foundation would love to have, but I doubt that it will be something that will happen during our lifetime. I hope that I'm wrong, and that what I just said will make as much sense as a "640k will be enough for everyone" statement 20 years from now... but I doubt it.

Comment Re:house of cards? (Score 4, Interesting) 698

If anything, bricking a few million old PC's might actually have a stimulating impact on the economy. When the users toss out their 5 year old system that is probably still running Windows XP, they will likely go out and buy a shiny new laptop from Dell or HP that comes with a copy of Windows 8.1 and Office 2012. It will probably come with a "free" trial subscription of McAfee or Symantec virus protection as well. Lots of profit to be had by all in the IT industry.

When you think about it that way, it makes you wonder who paid the Chinese programmers to write this malware.

Comment Re:Does it mean, (Score 1) 110

I agree with you completely.

Let's put it this way... if you were about to start a long term contract for a big project, would you rather get paid in dollars (which will likely be worth at least 95% of what they are now at the end of the contract), or in Bitcoin (which may be worth anywhere from $10 to $10,000 each a year from now, depending on who you talk to)?

Bitcoin might work for buying a bag of weed or some cookies, but you would never use it to do real business until the currency stabilizes.

IT

Ask Slashdot: How Do I Convince Management To Hire More IT Staff? 383

An anonymous reader writes "I work at a manufacturing company. We have roughly 150 employees, 130 desktops, 8 physical servers, 20 virtual servers + a commercial SAN. We're a Windows shop with Exchange 2013. That's the first part. The second part is we have an ERP system that controls every aspect of our business processes. It has over 100 customizations (VB, but transitioning over to C#). We also have 20 or so custom-made support applications that integrate with the ERP to provide a more streamlined interface to the factory workers in some cases, and in other cases to provide a functionality that is not present in the ERP at all. Our IT department consists of: 1 Network Administrator (me), 4 Programmers (one of which is also the IT Manager). I finally convinced our immediate boss that we need another network support person to back me up (but he must now convince the CEO who thinks we have a large IT department already). I would like them to also hire dedicated help desk people. As it stands, we all share help desk duties, but that leads to projects being seriously delayed or put on hold while we work on more mundane problems. It also leads to a good amount of stress, as I can't really create the solid infrastructure I want us to have, and the developers are always getting pressure from other departments for projects they don't have the manpower to even start. I'm not really sure how to convince them we need more people. I need something rather concrete, but there are widely varying ratios of IT/user ratios in different companies, and I'm sure their research turned up with some generic rule of thumb that leads them to believe we have too many already. What can we do?"
Bitcoin

Bitcoin Tops $1,000 For the First Time 371

An anonymous reader writes with this bit from The Next Web "Bitcoin hit a new milestone today, passing the $1,000 mark for the first time. The virtual currency is currently trading above the four-digit figure, with its highest at $1,030 on Mt. Gox, one of the largest exchanges. Last week, Bitcoin's high for the day was $632. That means its trading value has surged 62.83 percent in a week, assuming we're looking at just its high points. That figure could of course rise even further if Bitcoin continues to push further up throughout the day."
Earth

EU Plastic Bag Debate Highlights a Wider Global Problem 470

jones_supa writes "An EU citizen uses around 200 plastic bags per year. That's too much, says the EU. But wasting plastic bags is not just a European problem. Countries around the world are struggling with the issue, and it especially affects growing economies such as Asia. Some Southeast Asian countries don't even have the proper infrastructure in place to dispose of the bags properly. The problems for the environment are many. Plastic bags usually take several hundred years until they decay, thereby filling landfills, while animals often mistake the plastic for food and choke to death. Additionally they are a major cause of seaborne pollution, which is a serious hazard for marine life. This autumn, EU started ambitious plans which aim to reduce usage 80% by 2017. Some countries have already applied measures to slow plastic bag use: England has added a 5p charge to previously free bags, and in Ireland the government has already imposed a tax of 22 euro cents ($0.29) per plastic bag. The EU Environment Commissioner, Janez Potonik, said, 'We're taking action to solve a very serious and highly visible environmental problem.'"

Comment Re:heh (Score 1) 88

I like the part where they said "Depending on the variability of AMD's press and retail samples."

The variability in the results was mostly caused by some last minute driver changes that caused a performance boost in the Radeon 290 and 290X cards, but the submitter seems to make it look some sort of "golden sample" conspiracy from AMD.

Comment Re:Equal Opportunity (Score 1) 144

The good news is that now that the congresscritters will have Bitcoin of their own, so they'll have a vested interest in helping it become a legal and legitimate currency. That way, they can spend it on attack ads against their opponents in 2016 :)

Don't forget that there are still a lot of banksters out there who are still trying to outlaw Bitcoin transactions in the US, using sites like Silk Road as an example on why it shouldn't be adopted as a mainstream currency. The potential loss of credit card transaction fees if Bitcoin becomes popular is starting to become a big deal for big banks and their lobbyists.

Comment Re:idiots (Score 1) 414

At some point, the CPU's built into phones will be powerful enough to handle most desktop applications for businesses without a noticeable performance hit. We're not quite there yet, though. Maybe in three or four more years, perhaps.

Hard core gamers will always want the latest $500 video card from AMD or Nvidia, though... and there will likely continue to be a niche market to support them. Everyone else will continue to buy whatever laptop they can get from their employer or for under $600 from Newegg or Best Buy.

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