Honestly I never would have thought he needed to qualify that with "assuming your insurance company continues to offer it." I thought that would be obvious. I'm sure a lot of plans are being discontinued because they existed under the assumptions of a lifetime maximum and being able to drop coverage if you get sick. Those things are not allowed now, so some insurance plans are going just going away. What you want the government to FORCE those companies to continue to offer insurance?
Why is it anyone's business what type of insurance I choose for myself?
Because if you can't pay because you didn't get good enough insurance, everyone has to kick in because the hospitil won't just let you die.
Actually check out friendica. Much more reasonable than diaspora.
But the problem with social networks is that people have accepted the panopticon that is facebook. If you even try to talk to a facebooker about why facebook is bad they fall all over themselves to rationalize why its okay.
My question is why would the black market settle on a currency in which all transactions are public record? At some point, after enough busts, the black market people will figure out that bitcoin is the opposite of anonymous. Its enough to make you wonder if it was invented by the NSA.
Of course this doesn't prevent its use as a speculative investment item in the mean time. Funny that something can have value because it is a high-risk investment and for no other reason.
Though it sounds like the current bubble is being driven by Chinese evading their government's currency controls, which I gather could be stopped at any moment by the Chinese government. Presumably when that happens it will be the first big crash of bitcoin.
any bitcoins used during the process of ANY CRIME are subject to seizure!
I am actually a bitcoin doubter, but I don't think this is a flaw. You are claiming that if law enforcement finds that Criminal Z had a particular bitcoin, and the block-chain says that bitcoin is currently in my wallet, that they can compel me (say by court order) to transfer that bitcoin to the state, despite the fact that the block-chain says that coin was transferred from Criminal Z to person A, then B, then C, then D, then
I think bitcoin won't work because it will become unstable like any limited currency. The proponents don't seem to understand that bitcoins becoming "more valuable" is exactly a prediction of this instability. They tout it as "success" when in fact it is direct evidence of a deflationary runaway that makes bitcoin non-viable as a widespread currency.
Whether corporation tax is even a good idea at all is a matter of some debate in academic circles - the fact that you're trying to tax an entity that doesn't actually have any specific physical location is one reason why everyone ends up feeling like it's "not fair".
Well they receive protection from law enforcement and enjoy the privilege of appeal to the courts, separately from the individuals who own interest in the corporation, so why should they not pay taxes?
As hoarding grows, the value of the currency grows, and so incentive to spend increases.
No, as hoarding grows, value grows and the incentive to spend DECREASES. It is startling how clueless about macroeconomics most bitcoin proponents are.
Hoarding currency is bad because currency itself has no value, it is only valuable as a means of exchange. Monetary policy exists to prevent individuals from hoarding so much in aggregate that it hurts the overall economy (including them). Excessive hoarding causes currency instability. If nobody can buy/sell goods, including food, because the value of the currency fluctuates wildly from month to month or year to year, everyone starves, including the "rich" (i.e. the hoarders).
It's easy to tell someone using a device to turn it off. How do they easily tell if the cellular radio is off? The press release says "no bars displayed". So now the flight attendant has to confirm the absence of one of the smallest icons on the screen?
Even more crazy, this changes the very definition of "airplane mode" from "all radios off" to "cell radio off, but wifi and bluetooth radio okay". Current devices don't even have such a mode! And how many non-techies even have a clear idea of the distinction?