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Bitcoin

Bitcoin Currency Surpasses 20 National Currencies In Total Value 583

Posted by samzenpus
from the fake-money dept.
Velcroman1 writes "More than $1 billion worth of bitcoins now circulate on the web – an amount that exceeds the value of the entire currency stock of small countries like Liberia, Bhutan, and 18 other countries. Bitcoin is in high demand right now — each bitcoin currently sells for more than $90 U.S. — which bitcoin insiders say is because of world events that have shaken confidence in government-issued currencies. 'Because of what's going on in Cyprus and Europe, people are trying to pull their money out of banks there,' said Tony Gallippi, the CEO BitPay.com, which enables businesses to easily accept bitcoins as payment. 'So they buy gold, they put it under the mattress, or they buy bitcoin,' Gallippi said."

Comment: Re:It might be true but (Score 1) 325

by Kahlandad (#43200945) Attached to: How Beer Gave Us Civilization

I'll meet your (unbelievable) anecdote with an anecdote of my own:

I lived with a close friend and his father for about 5 months back in the 90's and I literally never saw the dad eat a meal or drink water. I'd estimate 90% of his calories came from beer and the rest from whisky or the occasional glass of wine. Both the father and I were jobless at the time and we shared the apartment together for the entire day, so it wasn't like he was grabbing lunch at the office.

I talked to my friend about it and he said that's just the way his dad is. He couldn't even remember the last time his dad actually ate food.

He probably had some sever deficiencies and I have no idea what his internal organs looked like, but just looking at him you'd guess he was the epitome of health... about 130lbs and could run up the 4 flights of stairs without losing his breath. So, I'm going to go ahead and call bullshit on your particular theory.

Comment: Re:A few comments (Score 1) 233

by Kahlandad (#42958969) Attached to: Full Review of the Color TI-84 Plus

First I would learn how to solve the problem on paper. Then I would learn how to solve the problem given a generic set of input. Then I would write a program to do it on the calculator.

Thus at 14, I learned that school was not necessarily about learning.

Seems like you did a lot of learning to me...

Comment: Re:Sorry to be frank but what did he think (Score 2) 308

by Kahlandad (#42222319) Attached to: Hit Game Makes £52 In First Week On Windows RT

I don't think his whining is unethical at all... Win RT market penetration is already facing an uphill battle and, without developer support, it is inevitably going to fail. MS seems to have forgotten this (once again) and Rubicon is giving them the verbal kick in the pants they need to get their act together. It might sound like whining, but MS has so far given Win RT developers absolutely pathetic support.

If the ends don't justify the means, then what does? -- Robert Moses

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