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Comment Re:I no longer think this is an issue (Score 1) 258

Yes, people are sometimes ruled by their glands. Maybe to provide motivation a computer will need a penis attachment and then have a random event thrown, that causes the computer to 'get hard' and have a feedback mechanism, that 'rewards' the computer if it 'gets some'. This is how motivation vector can be added to an AI and then, what you are saying is that 'we are all screwed'? So why not make AI WANT people as opposed to 'wanting to destroy' people? ;)

Comment Re:good luck with that (Score 1) 125

I don't want any POTUS propose anything in the first place, it's not his job, it's Congress that is supposed to push bills and beyond that governments are not supposed to regulate any businesses or individuals in the first place. It's not a job that you would want a government to do, to regulate business decisions, that's the entire purpose of a free market and the reason the modern economies are going to hell is because there is no free market left, it's all regulated, monopolised by government laws and rules and competition is destroyed. This populous, sheeple intended idea by the POTUS will only help to destroy the economy further.

Comment not great, but probably not very important either (Score 1) 105

This kind of exploit, a local privilege escalation exploit, used to be very significant, but is significant in a declining number of cases, as old-style Unix multiuser systems are a smaller and smaller proportion of systems. In all likelihood anyone with a user account on a North Korean computer is pretty heavily monitored, and ensuring nobody violates policy can be enforced by "other means" than Unix permissions.

Comment Re:In other words. . . (Score 1) 57

I am so glad I don't need to participate in this discussion because I am actually using Linux desktop and have been on it since early 2000s. But I did have to look at Windows past XP and my general impression of everything that is happening to Windows GUI is negative. I have nothing but negative feelings for all new versions of Windows since XP, but of-course I am not a target user anymore, but I did like XP, so that's my anecdote.

Comment Re:Nope (Score 2) 165

In this case it appears to actually be a firm hired by the porn company in question. The complaint was sent by Takedown Piracy LLC, which is one of those fly-by-night operations that sends out mass incompetently drafted DMCA requests on behalf of clients (it's important not to do any competent lawyering, because that would reduce the profit margin). In this case they were hired by a company called Adam & Eve (NSFW, obviously) and sent the letters on that company's behalf.

Comment any repercussions? (Score 5, Interesting) 165

In theory submitting a false DMCA request is illegal. And there are theoretically plausible civil suits as well, if someone submits a false or reckless DMCA request that damages your business. But has anyone in history actually suffered any repercussions from submitting false DMCA requests? It seems people submit false ones all the time, and not only borderline mistakes but things ranging from reckless disregard for the truth to outright maliciously false requests (e.g. for SEO purposes). Yet I have never heard of anyone being prosecuted or sued for it.

Comment Re:Bitstamp hack..... (Score 1) 114

Right, so if money doesn't store value how do you propose to be able to buy a similar amount of products with your money tomorrow that you could buy yesterday?

Money is not a measure of value, it is an actual store of value, it is also unit of account and medium of exchange. Without being able to store value money is not only useless, it's dangerous to have.

Comment Re:Bitstamp hack..... (Score 1) 114

Well, does your life have any value under all conditions?
Gold has intrinsic value that actually goes well past your life, gold had value before you and it will have value long after you are gone (and me, and everybody else who is living today).

Gold has intrinsic value in its own right and it has value that we recognise as such because we want gold. People wanted gold since the moment they have first seen it and they want it today. Gold has thousands of years of a proven track record, which is thousands of years more than any fiat currency, any paper currency and any digital currency.

Gold was used as money as a result of it having this value. Gold became money because people wanted it, not because somebody told them they have to do it.

As to the reserve currency being meaningful it has to have actual monetary value behind it, USD is not a meaningful reserve currency because it is backed by nothing. Before 1971 it was backed by gold, today it's backed by nothing and yes, it still represents the largest amount of reserve in the world, but this is exactly what I was referring to, when I mentioned Greece and Cyprus and such.

USD as a reserve is meaningless and Gresham law will prove it to be such. You can't get anything for dollars once people are unwilling to take them, because nobody has to provide you anything for them, there is no reserve behind this 'reserve'. There is nothing behind the zeroes on the paper, no gold, not even tin.

Comment Re:Bitstamp hack..... (Score 1) 114

The prices of cars in gold can be falling with gold being used as money. With paper the prices are going up, there is no reason why prices shouldn't be falling and they were in fact falling under gold and they would still be falling. Prices for manufactured goods fall over time measured in real money. Price for a new car today could be 5 ounces of gold today if we did not try to inflate insanely.

Estimated gold reserve on the planet is between 155 and 171 thousand tons of gold, we mine about 3.5 thousand per year today, so that's just around 2% and the mining increased over the years (50 years ago yearly gold production was closer to 2.5 thousand tons per year).

If in fact, the governments of the world were looking for 2% inflation, which in itself is a dubious target to aim for, we should desire deflation instead, gold provides that exact amount very nicely without some idiot bankers and politicians fiddlefucking with it.

Comment Re:Bitstamp hack..... (Score 0) 114

Paper money is only money if it can be exchanged for a real money reserve. Paper has no value but what it promises to get in exchange.

You don't have to believe in gold for gold to have intrinsic value, gold is a metal that has that value before it is used as money. Bitcoins are the opposite of that, they are created with the explicit purpose of being money, so they have no other purpose before BTC is money. Gold always had value for humans and people exchange things for gold regardless of what you believe. Bitcoins actually require people to believe it is money and to believe somebody else will want it for its only purpose (being money).

Gold is a tangible thing, it became money naturally. You can deny that it is money for yourself, but that doesn't change that gold was and will be accepted as payment. All fiat currencies that exist today will fail, there were thousands of fiat currencies before the ones we have today and they are all gone as well. Who remembers Portuguese Escudo, Spanish Peseta, Italian Lira, etc.?

US dollar was actually a measure of gold before it was turned into paper with value detached from the paper. USD was an actual promise to pay an ounce of gold by a bank that would redeem the note. Today it's just a piece of paper, doesn't matter how many zeroes are printed on it, you won't get gold at the Fed for it, the Fed does not have any reserve to back the dollars in circulation.

As to the amount of gold in the economy, that doesn't matter. Gold appreciates in paper value as you create more paper, that's called inflation - expansion of the money supply. All things can still be measured in real money today, you could buy a new car for 20 ounces 100 years ago you can still buy a new car for 20 ounces today. Of-course with the improvement of the manufacturing process and scaling of the production the relative prices in gold for items fall but in paper that is not connected to reality at all the prices rise. Rising prices are an effect of inflation, they are not cause of inflation and they are not inflation itself. Inflation is the expansion of the money supply.

Gold provides natural level of inflation at about 1.5% a year. Governments claim that they want 2% inflation (in reality inflation is many times higher than that), if they REALLY wanted about 2% inflation all they had to do was be ON the gold standard (or just have gold as money), that already provides a number that is close enough.

So your statement that 'commodity-based currency eventually becomes unsustainable' is actually not applicable to gold, it's the exact opposite that is the case, since gold was abandoned the inflation destroyed the economy and it is fiat that is proved itself to be unsustainable.

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