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Comment In a way, we are already there. (Score 1) 503 503

As I heard an economist once say, almost all but the poorest in the poorest of countries have their basic needs taken care of. Very few starve, at least in the West.

Beyond that, all our efforts - for a bigger house, or for a BMW, for example - are really about status.

Whether it is about reputation or prestige or status, the much-vilified money is just a convenient measuring unit to keep track of said status.

Comment Post should have clarified: (Score 4, Informative) 179 179

Post should have clarified, lest it send the wrong message to those not familiar:

"This did not compromise the bitcoin protocol or network or anything like that."

The main gist of the story really is simply: Some who took (incorrect) shortcuts paid the price for it by foregoing some profits.

Comment Re:Old, old news (Score 2) 157 157

>> First off, does that even mean anything? What units is the "scale" of a universe expressed in?

Well, I had the same question, so I RTFA'd a bit ;-).

The zoom-factor of universe in the article is defined thusly, not too unreasonably, IMO:

The scale of observable universe divided by Plank Length (the smallest length, by some definitions.)

And, this is "only" 65 orders of magnitude. Whereas, they have zoomed in the Mandelbrot by some 200 orders, finding the same features and self-similarity even after so much zooming in.

Comment Just to keep things in perspective: (Score 5, Interesting) 356 356

While the Government of India may be trying to ban it and the some conservative rednecks of the country hold crazy views, it seems that the majority doesn't..

It is the same Indians that are mass-protesting in response to rapes, to corruption, and want safe streets for themselves and their women:

It is the same Indians that are drawing attention to this problem in the first place, through documentaries like this:

While its society and people have ways to go to catch up with the West, India is like an oasis in the fucked-up desert of a region it is surrounded by. A culture of male-dominance and women hiding their own rapes - in shame - is endemic pretty much everywhere outside of West. It is again nice to see this society trying to challenge and change it.

Problems like these exist and have always existed. The poorer the country, the more prevalent they are. It is actually nice to see the /people/ of India stand up, bring increased attention to these problems, and demand that something be done about this.

In other words, we can think of one monolithic India and take this time to mock their poor for lacking running water and shitting in the open... Or, instead, we can stand with and encourage those Indians that are trying to highlight these problems...

Especially outside of West, corruption is the /norm/. It is again somewhat encouraging that the middle class of India went crazy demonstrating against it and elected a local Government in the capital whose sole agenda is freedom from corruption.

Through all this, it is heartening how the people of India demand a secular, safe, corruption-free, democratic society and are, by and large, very "Westernized" in their views.

Comment Re:Go Ross, Go! (Score 1) 208 208

Also, do you know that it was FBI that posed undercover as the blackmailers as well as the executors. That every single hit that was ordered against a fictional entity, in response to blackmails by fictional entities, and carried out by a fictional entity as well.

Submission + - Hal Finney, PGP and Bitcoin pioneer passes away

brokenin2 writes: Hal Finney, the number two programmer for PGP and the first person to receive a Bitcoin transaction has passed away. From the article on Coindesk: "Shortly after collaborating with Nakamoto on early bitcoin code in 2009, Finney announced he was suffering from ALS. Increasing paralysis, which eventually became near-total, forced him to retire from work in early 2011."

Selectively Reusing Bad Passwords Is Not a Bad Idea, Researchers Say 280 280

An anonymous reader tipped us to news that Microsoft researchers have determined that reuse of the same password for low security services is safer than generating a unique password for each service. Quoting El Reg: Redmond researchers Dinei Florencio and Cormac Herley, together with Paul C. van Oorschot of Carleton University, Canada ... argue that password reuse on low risk websites is necessary in order for users to be able to remember unique and high entropy codes chosen for important sites. Users should therefore slap the same simple passwords across free websites that don't hold important information and save the tough and unique ones for banking websites and other repositories of high-value information. "The rapid decline of [password complexity as recall difficulty] increases suggests that, far from being unallowable, password re-use is a necessary and sensible tool in managing a portfolio," the trio wrote. "Re-use appears unavoidable if [complexity] must remain above some minimum and effort below some maximum." Not only do they recommend reusing passwords, but reusing bad passwords for low risks sites to minimize recall difficulty.

"Facts are stupid things." -- President Ronald Reagan (a blooper from his speeach at the '88 GOP convention)