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Comment Re:bitcoin has to much fluctuation for them to hol (Score 0) 87

Assuming the merchant instantly converts Bitcoins into cash for say, a $100 equivalent transaction, what is the difference in transaction cost when compared with a credit card? I know credit card transactions cost roughly 2%, or $2 in this case.

It depends on the merchant's Bitcoin processor or whatever private contract they have with them. The main processors are Coinbase and BitPay. There is a transaction fee paid by the customer of .0001 BTC when they make the payment. That fee goes to the Bitcoin miners on the network. The payment processors have varying fees for the transaction that the merchant would pay when instantly converting to cash. I believe there is no fee on the portion of Bitcoin the merchant may or may not choose to hold. For the moment at least.

Comment Happens here in the U.S. too.. (Score 0) 288

These companies have been doing this for years... Facebook, Apple, Google, etc. There has been news story after news story about this, and yet the same people who complain that the "super rich" and "big" corporations don't pay their fair share of taxes, are the same people who are shifting their tax burden outside of the United States to Ireland or Jamaica or wherever else they can get away with cheaper taxes.

And to make it even more silly, the people who do the biggest complaining about individuals and corporations not paying their fair share are either the Liberal-Progressive CEOs, COOs, and other executives at this big technology firms, or it's the minions that constantly and mindlessly buy their products or use their services which allows them to collect all this money to just shift their tax burden to another country.

Comment Re:Change department name (Score 2) 196

Or let's look at a source that doesn't specialize in enema tasting.

http://en.wikipedia.org/wiki/F...

25% federal budget goes to Medicare and Medicaid, 23% to Social Security (totalling 48%).

Defense spending is 18%.

I'm sure the numbers are skewed more towards Medicare/Medicaid and Social security for Obama's 2014 proposal.

Now go back to your hole and stop getting news from the biggest shitrag in the world.

Comment Re:Impeachment (Score 2) 383

Probably because bi-partisanship in Congress is non-existent... and whenever one party proposes a bill/amendment/impeachment/takeout menu, it's immediately rejected by the other party. So the only way for anyone to do anything is to put it on the shoulders of the *others* in a big PR stunt-type action that makes the 24 hour news cycle giddy.

Comment Trip chaining? (Score 1) 417

It baffles me how many people make special trips for things, i never go just one place, if i need one thing it can wait until i have more places to go. Go to the grocery store 2-3 times a week, theres 3 on the way home from work. We do big grocery shopping for staples and nonperishables at one further away probably every other weekend, but we also go to target, the hardware store and sams club on those trips.

Businesses

Brown vs. Startup Over a Sandwich 119

An anonymous reader writes "Crunchbutton, founded by Yale grads, is trying to replicate the success of its one-button food delivery service in and around Brown University. The controversy began when the startup delivered a popular Brown sandwich called the 'Spicy With' to students. Brown's lawyers sent Crunchbutton a cease and desist letter, demanding that the company remove any associations with the university or its name. The startup says it has complied with the demands, yet Brown has not backed off, and it expects to be served with a lawsuit. This tale illustrates the perils of encouraging entrepreneurship while protecting the interests of a big educational institution."

Comment Re:Anonymous shills and astroturfers (Score 1) 215

But this is the exact kind of evil political use that this stuff is going to be used for. It doesn't make it right because you're using it on Republicans. If anything it makes it MORE wrong because of your acceptability standard...because when they turn around and use it on you they'll have had your prior support.

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