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We've improved Slashdot's video section; now you can view our video interviews, product close-ups and site visits with all the usual Slashdot options to comment, share, etc. No more walled garden! It's a work in progress -- we hope you'll check it out (Learn more about the recent updates).

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Comment: Questionable evidence (Score 1) 157

by Qatz (#36755694) Attached to: New "Last Dinosaur" Find Backs Asteroid Extinction
I always take such finds with a grain of salt. Especially when there are a number of theories that are competing with it. First off there is a large margin of error in the K-T boundary. Second it was an asteroid may have *GASP* moved a lot of dirt, and possibly brought things closer to the surface.
The Almighty Buck

Ask Amir Taaki About Bitcoin 768

Posted by timothy
from the does-george-selgin-approve? dept.
"Bitcoin," says the project's website, "is a peer-to-peer currency. Peer-to-peer means that no central authority issues new money or tracks transactions." Wikipedia offers a readable explanation of the underlying technology. In (very) short, Bitcoin uses a distributed database and public key encryption to allow users to reassign ownership of units of Bitcoin currency (BTC), and does so in a way that can keep the user's identity private. Bitcoin isn't yet accepted the way credit cards are, but it's more than theoretical. You can buy (some) things with Bitcoin, and trade the currency itself. Now, you can ask question about Bitcoin of Amir Taaki, a developer of client interfaces and stock trading software for Bitcoin, and owner and operator of trading exchange Britcoin.co.uk. Amir requests that questions focus not "so much on the mining (too many people get focused on that when it's a minor aspect of Bitcoin) nor simple technical questions (people can go find that info themselves on Wikipedia/the forums/sourcecode)," but rather on the harder-to-answer questions. Reading some of the related stories listed below may give you ideas on what those are. Standard Slashdot Interview rules apply: ask as many questions as you want, but please keep them to one per comment. Amir will get back with his answers.

Comment: It's stil young (Score 1) 476

by Qatz (#36410900) Attached to: Friday's Big Swings, Mostly Down, Illustrate Bitcoin Value Volatility
Bitcoin is still a young "currency" and there are relatively few buyers and sellers. This level of volatility is to be expected. Chances are good it will stabilize, and climb back up in value. Then this will happen all over again. Eventually that will stop happening but it's going to be awhile.

The secret of success is sincerity. Once you can fake that, you've got it made. -- Jean Giraudoux

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