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Comment Re:He doesn't understand net nutrality. (Score 1) 270

You have an idealized model of commerce. The reality is internet is like a utility. Ever experience a electricity brownout? Those happen specifically because utility companies are permitted to manage their networks how they see fit. They can reduce capacity as needed to improve the experience for everyone.

Comment Re:What happens if (Score 1) 281

The BTC network power went past the point where the only entity with the resources to take control like that is the US government. Maybe not even them anymore. But it would be such a vast investment in hardware, the bill for such an endeavor to the American taxpayer would be difficult to get past congress.

Comment Re:What about flat cards? (Score 1) 142

The imprint is for convenience only. There's nothing stopping the merchant from just writing in the info in ink pen. This is perfectly valid and will be honored by the card processor. I suppose it MIGHT take a bit more time to get processed if they're using OCR or some such thing, but most likely they hire teams of data entry drones with mad 10-key skills.

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