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Comment Re:Is it possible? (Score 1) 260 260

Through repercussions for non-compliance. Land-mines are inexpensive to produce and impossible to restrict but many countries have signed the Ottawa Treaty and the US only uses mines that self detonate shortly after the placement (typically 4 hours). Of course, I'm certain that those who develop drones with AI abilities need only to keep the AI abilities turned off, until the time when it becomes convenient to enable them.

Comment Re:Sounds a lot like the gold bugs (Score 1) 359 359

If the success of an asset or currency is predicated on a doomsday scenario then that asset/currency is doomed itself.

A fair point, from a US perspective since we've never destroyed our currency and had to re-issue it. Lots of other countries have experienced that doomsday scenario - just ask Argentina how many times they've rebooted their peso in the last few decades. Things do blow up - it just hasn't affected your latte drinking, much and yet.

Comment Re:Incorrect headline. (Score 1) 359 359

It should read. "Is the Greek financial crisis an opportunity for Bitcoin?"

And thus, the answer is "NO!"

Agreed, it's not an opportunity today. It could be an advertisement for Argentines or say Chinese concerned about the state of their monetary system and what that means for their personal wealth in the future. If 10% of one's cash holdings were BTC, worst case one is down 10%. In the best case, one is down 90% since the fiat is confiscated or worthless, but there is a hedge if BTC takes off. Localbitcoins.com - there's always a way to get some cash for your BTC. Can't always say that about your bank account...

Comment Re: You think Greeks want MORE electronic money? (Score 2, Interesting) 359 359

Besides, gold has never been a good money substitute except for the very rich, and they probably already have their wealth stashed away some place abroad. Gold's value comes from having lots of it. If you want to buy a house having a few pounds could help you. But if you have just a few ounces of gold, how would you spend it? Shave it to buy a loaf of bread?

Exactly why the idea of a digital gold would be useful - no concerns about divisibility or spending it in places where you can't be physically present.

Comment Re:You think Greeks want MORE electronic money? (Score 1) 359 359

Indeed, Greeks that have already moved their funds out of banks don't need Bitcoin and the ones that didn't don't have funds to purchase Bitcoin. With that said, capital controls are a concern for other countries besides Greece and at some point these warnings (Argentina, Cyprus and now Greece) indicate that it makes sense to keep a portion of funds in products that can't be easily confiscated, controlled or taxed. Bitcoin isn't going to solve Greece's citizenry's problems, but it sure could alleviate future meltdowns. Think that the Bitcoin volatility is bad? Try living for a week without access to a bank and maybe only $60 withdrawals per day. When countries horribly mismanage their finances, all of a sudden Bitcoin becomes far more attractive. Just ask any Zimbabwean who is getting $5 worth of value out of an account with anything less than 175 quadrillion Zimbabwe Dollars. http://www.bloomberg.com/news/...

Submission + - SourceForge assumes ownership of GIMP For Win, wraps installer in adware->

An anonymous reader writes: It appears that SourceForge is assuming control of all projects that appear "abandoned." In a blog update on their site, they responded saying in part "There has recently been some report that the GIMP-Win project on SourceForge has been hijacked; this project was actually abandoned over 18 months ago, and SourceForge has stepped-in to keep this project current. "

SourceForge is now offering "to establish a program to enable users and developers to help us remove misleading and confusing ads."

Link to Original Source

Comment Re:Last time one was used? (Score 0) 55 55

<quote><p>I suppose its not a bad thing to have just in case but I don't see the reasoning behind the fixation on it as a design requirement and their ranting about its "importance" in press releases.  In almost 300 manned space launches a Launch Escape system has only been of verifiable use in a single incident(Soyuz T-10-1).</p></quote>

Marketing. This is a joyride for the rich - they want some danger but they also want to feel that there's a safety mechanism in case of failure. I imagine it'll help sell a lot of tickets, no matter how little use it gets or whether it prevents any deaths.

Comment Re:/.er bitcoin comments are the best! (Score 0) 253 253

The fact that many countries have mismanaged their finances so badly that a 6 year old software project manages to improve upon things is hardly a critique on Bitcoin. Volatility is part of the process for anything with a small market cap, small user base and drastic swings in public interest.

So Bitcoin has growing pains. What's Argentina's excuse?

Comment Re:LOL one failed currency to replace another (Score 0) 253 253

Yeah, Bitcoin advocates are getting desperate what with Goldman Sachs and IDG investing the majority of $50m in a payments startup running on top of Bitcoin - you got us.

http://www.nytimes.com/2015/04/30/business/dealbook/goldman-and-idg-put-50-million-to-work-in-a-bitcoin-company.html

In these matters the only certainty is that there is nothing certain. -- Pliny the Elder

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