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Comment Re:$400 per year to use your own money (Score 1) 67

User snaps a photo of it with their smartphone. Bitcoin app on phone decodes it, and sends payment to the address specified.

That just shifts costs from the merchant to the buyer, who now has to pay the telco a recurring fee for a cellular data connection.

And no one is doing that now, without bitcoin. This is like trying to include the cost of an electric generating plant in the price of a toaster.

Comment Re:Why wouldn't they? (Score 4, Informative) 67

For real business purposes, though, you'd be bonkers to accept bitcoins.

Why? It has value. And companies willing to process it for you and convert directly into your currency of choice. And due to it's nature, it is actually harder for the merchant to be defrauded than with regular credit cards... Not sure where the downside here is, especially if they are not holding them.

Comment Re: But is it reaslistic? (Score 1) 369

Ebola isn't realistic either. You'd get more results with empty glass vials and a written "Deadly Ebola" label in a few dozen big malls.

The widespread panic would have the same effect for much less cost.

Considering that the goal of a terrorist is to spread terror, having a documented case of getting ebola could be very effective. http://www.nydailynews.com/new... Oh, wait...

Comment Re:Netflix should become an ISP and compete with t (Score 3) 181

they can, just borrow $100 billion to build out a network, negotiate with every redneck and podunk town to get franchise rights to run their cables and spend more money for marketing to get customers

Or, pull a Google, and do one town at a time and watch the incumbents suddenly offer free peerage and lower rates.

Comment Re: Why is (Score 1) 201

If you've given up on them then support someone else's work that doesn't use DRM. Don't use TPB and justify it to yourself because it was inconvienent.

They are stealing our rights to privacy and free speech, so he is "stealing" a movie. You are right in that it is not a fair trade... But shooting them presents other problems.

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