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Comment: Re:Pyramid Scheme (Score 1) 691

by globalist (#45737759) Attached to: Why Charles Stross Wants Bitcoin To Die In a Fire

Bitcoin is inherently structured as a pyramid scheme. Users who adopted it early had an easy time obtaining BTC, and they're incentivised to recruit others so their stockpile has value.

Stock market is inherently structured as a pyramid scheme. Those who obtained stock early had an easy time obtaining it, and they're incentivised to recruit others so their stockpile has value... Yeah I know, that's quite a stupid thing to assert.

Comment: Wow just wow (Score 1) 91

by globalist (#45107303) Attached to: Oil Traders Misread Tweet, Oil Prices Spike
This is just terrible reporting. 1) No support is given to the claim that it was really the tweet that caused the "spike"*. 2) No account is given on how exactly the supposed misinterpretation came to be. Sorry Reuters, but writing that "traders did it" just isn't good enough. If this is a real "trading" story, there must be an official account of it happening somewhere (like an Exchange memo or something), and if there is, you should fucking dig for it and show us. *3) No context is given explaining why a mere 1% increase in price should even be called a "spike" in oil trading.

+ - Ask Slashdot: Disble advertising (on Slashdot)?

Submitted by globalist
globalist (1332141) writes "Recently I've seen this message "As our way of thanking you for your positive contributions to Slashdot, you are eligible to disable advertising." on Slashdot. I'd like to ask Slashdot — what advertising? I don't see any, to start with. Thanks!"

Comment: Re:Nice summary, a bit misleading (Score 1) 256

by globalist (#43627939) Attached to: Today Is International Day Against DRM
The CD itself will not play on your turntable, because it was not meant to. It's not about aging of technoloogy at all. It's about different products and it's also the ARM (Analogue Restrictions Management), stupid! :P If you buy a movie on XBOX Video, what makes you think it should be playable on your iPad? The iPad has its own venue for movie purchases and it's called iTunes. If you don't like it then buy something that plays anything from anywhere. But please don't try to dictate how others should do business and/or consume entertainment.

"The trouble with doing something right the first time is that nobody appreciates how difficult it was." -- Walt West

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