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Comment Re:Find someone to help (Score 1) 239

He could have sold out.

Successful businesses could have been ended for any number of reasons. Video stores come to mind - arcades, skating rinks, drive-ins, etc. Massive changes in demographics killed entire industries.

As a general rule, however, I'm skeptical of entrepreneurs in 2012 talking on Slashdot. :-)

Comment Re:Is Bitcoin trace-able ? (Score 1) 327

And the Fed's manipulation of rates has broken natural competition between banks. If a banker has a good eye to investments and makes an AWESOME return for his clients, that should encourage them to give more money back to their capital holders (savers) and thereby draw more customers allowing him to make more deals.

The Fed skews this by setting on rate - no real competition in rates (until the Internet banks came along), and those profits instead go to the CEOs and management, who have very little skin in the game, since they buy and sell their debt to the Fed (who transfers it to the taxpayer).

Biggest. Ponzi. Ever.

"Falling in love makes smoking pot all day look like the ultimate in restraint." -- Dave Sim, author of Cerebrus.