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Comment A hedge against hyperinflation (Score 1) 115

It might work against hyper inflation. But other than, that its kind of worthless. And when you have hyper inflation, governments usually crack down on any kind of currency movement out of the weak currency to try and prop up the local currency.

So this is great, if you think that your currency is going hyper inflationary in a short period of time. I don't think there are many cases in which that would be useful.

Otherwise, if Bitcoin can be called a currency, then its also suceptible to variance in value as we've seen over its lifetime. Teh Mahts don't protect against it losing value.

Comment Re:Uh... Yeah? (Score 1) 242

It depends on what they were looking at, and why. Their surveillance and investigation of our military was not a bad thing during the cold war. I'd argue that even during the recent Ukraine crisis, its not a bad thing.

If I were a defense contractor (I'm not), I'd kind of expect to be a target. I'd do my best to prevent them, but I'd understand that they'd try anyways.

Now, if they have a camera in my shower ( regardless of my Job)... That sucks, and I'd kind of be pissed. If they were using my financial data to ruin me, I'd be pissed.

Comment Re:Uh... Yeah? (Score 2) 242

That's absolutely right. In a very real way, our collective spy networks both US/Nato and Soviet/Warsaw allowed us to see what the other was doing and have some confidence about their immediate intentions. Spying kept the cold war from being a hot war.

In a perfect world would spying exist? No.
Should spying continue to exist in this un-perfect world? Absolutely.
Should there be restrictions to spying? Absolutely.

Like much in this world, the right answer is not an absolute answer. The world lives in complicated shades of grey.

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