Agree, but it's not often you will get a 3% interest rate so inflation will still keep on eating it up the money.. Usual pure interest-rates are much lower, usually a bit lower than the current repo-rate. Btw, http://www.tradingeconomics.com/country-list/inflation-rate gives quite a good view of the current inflation-rates for most countries.

And here are a few of the positive and negative sides. But IMO the positive sides are not enough for the negative effects.

Instead of adjusting interest-rates you can adjust taxation to mitigate recessions. But just the idea that adjusting interest-rages to mitigate a recession is a bad idea for society as a whole since it points to a society that is infested with loans..
If people would start to save up money before buying random crap people would actually afford to buy even more random crap..
Buy something for $1000 at %5 percent and a 5 year plan will cause you to pay $150-200 in interest. (too lazy to calculate the exact amount).
If you instead saved up to this, maybe having the money invested in something while saving, you would then have $150-$200 more to buy stuff with (not counting any payout from the investment).
Ie.. Promoting lending money for consumption is not a good thing IMO.

Lending money for a house can be good, but today most people never plan to pay off the mortgage. This is also not a good idea since in the long-term there will be allot of money paid to the bank in interest instead of buying new things that would speed up the economy.
Also if you save up and have a house your children can inherit something of value that they can either use to buy a new place or just stay in as is...

This is why i promote a currency without inflation. Deflation could maybe even be a good thing too by making people save up before buying, and while saving maybe have the money invested.

Not saying that any of my ideas are good/bad/insane, just good to have a discussion.. Maybe i/you/other readers can get new idea's and perhaps actually learn new stuff! :)
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http://slashdot.org/comments.pl?sid=4037785&cid=44441781

Thanks for having at least one person here that gets it.. :)

Since the fire-department know about these rules they will not use a single-frequency radio but will probably move to some other type of modulation/frequency-hopping etc.. Try blanking out a radio transmitting at 100Mhz using frequency-hopping (+/-50Mhz) while also doing detection of used frequencies within this span.
Imagine possible new radio-protocols that a SDR radio could support where it could be using multiple frequencies at the same time to allow clear transmissions in a very noisy enviroment..

And this they could still do.. They can still have requirements on that your device does not go over the set limits for power and spectral purity.
Having most of the frequency-band free for anyone to use does not say no to limiting the allowed transmit power or requiring a minimal signal purity.

We probably need some type of regulations, but having auctions for selling frequencies might not be the best thing... Would it not be nice if all cellphone-companies where forced to share all the bands? Would it not even be even better if all cellphone companies where forced to share the base-stations?
And by forced i'm talking about forced by them selves since it would be cheaper for them.

One option is that the frequency-bands are divided up in slots of 10Mhz or similar.. Then let companies propose different standards for transmitting on the frequency and the 'best' standard will win.... And of course no licencing of patents should be required for any standard proposed and maybe standards removal from a frequency should be notified ~5 years in advance and a standard for a specific frequency would be assigned for periods of 5/10/20 years depending on collaboration between the companies. Ie, no major objections = 20 years, more than 10% wants changes to the standard = 5 years.

Of course some of the bands will probably be preassigned to specific services, like broadcast tv, emergency services etc.

Some possible benefits we might get since anyone is allowed to transmit on all non-emergency bands + a few broadcast frequencies.
- Telco's could be forced to cooperate to share base-stations and frequencies in a much more efficient way. ( a standard could say "To transmit in this frequency you must join association X and agree to their rules." Association X should be run as a non-profit organization. the of course)
- FM/AM Radio could be replaced by digital radio where you could have frequency sharing between the stations (ie no common transmit tower). or for being able to transmit longer distances a shared tower could be setup. (see the association clause above)
- Handheld radio's would start being developed the same way as WiFi.

Some sort of regulation will probably be needed, but having it where more or less all bands are open for anyone to use would make for some interesting development to allow sharing the bands in hopefully the most efficient way.

Just random ideas but

Yes, i thought it would be higher than 26%...

This just in: Anonymous Coward unable to use division to get the average inflation-rate.

I was using the 35.6% number to make a point since most people nowadays don't look into the future that much.. Many think that 2.73% is nothing but they do not count the total over the years.. people saying that 3% interest on deposited money is good.. well, that's just 0.27%/year in real interest if looking at the last 13 years.

and this just in too: Anonymous Coward seem to be unable to read...

http://www.coinnews.net/tools/cpi-inflation-calculator/

According to that page between 2000 and 2013 the USD had an inflation of 35.6% .. That's not just a few percent inflation.

Also i wrote "Not sure if bitcoin is good enough, but it's ideas looks promising."..
But if you look at bitcoin.. The thing that happened there was that the bitcoin-price spiked, going from ~100USD to >200USD, but it took only about 2 weeks before it was back to about 100USD. Sure it's been going between 80 and 120USD during the last month, but this is due to current size of the currency. The larger it becomes the more stable against fluctuations it will become.
Ie the 2/3'rds of it's value was when the price spiked... If taking it the other way we could say it gained 2/3'rds of it's value in a few days too...

But if we are talking about gain in value... In about one year it's gone from 15-20 USD to about 100USD.. That would be quite some nice profit if someone would have invested a year ago...

But until this, or any other, crypto-currency has a larger economy it will not be as stable as the major currencies out there... It probably needs 10-20 times current economy size as it has today before it will be stable enough for most people to trust it.

Hmm.. did not the article say that they needed to treat the seeds before planting them??

But if he was not insulted by the possibly insulting comment then he could say that he was insulted by the police by them arresting the original insulter?

Well, currently there is about ~1.4Billion USD in value in the bitcoin network.. Well, maybe quite a bit less but even having more than $100M should say something about the usage..

Bitcoin's are as much for illegal things as normal cash is, the only difference is that it's not government-controlled..
Some things that it would be perfect for:

- Micro-transactions for buying services on the internet.
- Simple way to transfer money all over the world.
- Generic way to buy things instead of VISA/Mastercard etc. No or very small transaction-fees. This also makes the retailers free of subscriptions to the banks for the card-terminals.
- Check https://bitpay.com/ for one currently available service. But they require a transaction-fee, but also converts bitcoins back to your local currency at the time of the sale.

The thing is right now that it has not grown big that's why there have been quite of flux on the exchange, and liquidity is just also something that reflects on how big it is..... But saying that it's only or mostly for illegal things then you are completely wrong..

And i don't know myself if bitcoin is the way to go.. But the concept of it is very promising.

There already exists bitcoin escrow services.... Perfect way to protect against both bad sellers and buyers... Another benefit would be that it would cut out PayPal that are just screwing and locking down peoples accounts for no good reason and then keeping the money themselves.

About that the corrupt and criminally rich (how ever could someone be a criminal for having too much money btw?) would screw society over even more i would like to make you aware that bitcoin's are non-inflatable.. Ie no government can print more money and make your current savings disappear.. No government can go into your bank-account and take any money, like they did in Greece..

I think that having a non-controlled currency would be beneficial to society as a whole.... Not sure if bitcoin is good enough, but it's ideas looks promising.

Actually, bitcoin does not give you the anonymity that you think.. http://anonymity-in-bitcoin.blogspot.se/2011/07/bitcoin-is-not-anonymous.html

And since someone is going to want the bitcoins in a usable currency, since you cannot really buy much with it currently, it can be traced to a broker that made a payout to a person.

Well... They can probably never agree on anything so no new regulations will be introduced :)

To start with, not everyone are native English speakers, and when tired it can be hard to build sentences for some of us.... I can even sometimes surprise myself when reading it the day after..

Have only been working for about 15 years in the field so i think i can say i do have some experience ... Buy of course nobody could be better than you, and any one else that contradicts you must be wrong...

To design a system that is physically safe (factory robots and similar things) are quite easy to make safe... To start with it's both a combination of software and the physical setup.. If the thing is designed the correct way it can be extremely easy to write code making safe in the physical world... There are actually recommended ways you should follow when designing for physical security..

Designing software for safety and/or graceful-failures is not hard.. It's on about on the same level as the rest of the system. If you design things in the correct way to begin with you don't have to hack together a safety system into it but can, with ease, implement a monitoring solution.

Just for your information... Graceful failures is in use quite allot in the world... The simplest example of it is transactions in databases where you can do a rollback if something goes wrong.. .

And you seem to have a problem with understanding that sometimes people can have problems with their non-native language... The point i was making still got made, even if the sentence was screwed up...
Main reasons why software is written in assembler. Resource issues / requirement for exact timing on limited hardware / some cpu's did not have any higher language available at the time this thing was built.
If the problem was resources ie memory or available cpu-cycles, get a faster cpu and/or more memory.
If the problem was timing issues on limited hardware then the hardware should be redesigned. Example would be slave cpu's that would take care of the timing-critical tasks and a main controller with some type of RTOS on it.
If the problem was that the platform did not have any higher-level language available then the it should be switched out.

The largest problem with systems written in assembler is that they become extremely hard to do code-review's on and when adding new features it's very hard to spot problematic areas. I have spent many hours reading assembly of old implementations just to figure out what they do, and since no one had touched it for 5 years no local knowledge existed. Just getting a understanding of the code-flow can be hell, and many developers do not write nice code or the system was written under time-pressure and that resulted in badly written code.

And from looking at your comment-history it looks like all you can do is criticize other people without actually saying anything so my recommendation to you is to move out of your parents basement and get a life. (Just jumping to conclusions the same way as you seem to do in many of your posts..)