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Comment Re:You're not kidding (Score 1) 583

But I know enough to ask questions. I have had grave concerns about the validity of their design since I first read about it on slashdot some years back. It seemed to me the case had not been made that bitcoin was not vulnerable to rapid destruction of value, due to attacks on fundamental flaws in its design.

Hard-hitting analysis there.. Any cryptographers want to walk us through the technical issues raised here, maybe allay our fears?

Comment Re:It's just a training video (Score 2) 280

  • The company I work for with ~2000 employees paid $80,000 AUD for our Christmas party at a convention center.
  • We spent $xx,000 on a marketing firm to develop a screensaver which promoted our corporate values, but which flickered in a way that gave some people headaches, and had to be taken down.
  • Our department went Go-karting twice last year, and I was given 5 days of training for something I haven't used before or since.
  • Two years ago someone in our department was paid by another department ~$40,000 in billable hours to write some software which for whatever reason wasn't suitable.
  • There are spikes in the number of broken company iPhone 4s after iPhone 5s come out.
  • We spend tens of thousands on color ink because engineers don't like electronically marking up documents.
  • My sister works for a charity which spent $30,000 for a web-dev company to build a template-based website (which the web-dev company owns).

Large businesses waste money, you're in no position to say it had no value, and the amount of money is trivial. If you consider this excessive don't get mad when you run into a front-line IRS worker who hates their job and behaves as such.

Comment Re:Innovative my ass (Score 1) 226

In computer science at uni we learned Oracle for database stuff, C for network programming, UNIX system calls for OS design, OpenGL for computer graphics, Java for basic programming, Linux was our OS and Eclipse was our IDE.

In my first job out of uni all of those were exchanged for the Windows equivalents; it really doesn't matter what platform you learn on.

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