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Comment: Re:And good luck asking for APAP-free medicine! (Score 1) 162

by kharchenko (#47434405) Attached to: Hair-Raising Technique Detects Drugs, Explosives On Human Body

Her usual pharmacy didn't have it in stock, so I had to find another that did.

That sounds familiar. These prescriptions can be a bitch to fill. My father was in a really bad shape after a fall and the doctor prescribed him oxycodone (I don't think it was pure, may be percocet). I drove around the city half the night trying to find a pharmacy that would fill that prescription. After the fourth pharmacy, seemingly innocent "oh, we don't carry that" excuse sounded really disingenuous.

Comment: Re:The problem is that too much of it is state bas (Score 1) 135

We had tens of thousands of engineers working for the military industrial complex and then the cold war ended... result? Many of them were out of a job. And guess where many of them lived? California. It was and still is a big defense contractor state. And what did those engineers do? Most of them found jobs in the private sector and to a large extent their technical contribution made the tech explosion in California happen. Suddenly business had access to a glut of engineers.

Not only that, they also had access to all kinds of expertise that was developed using these precious federal dollars. Network communications, microprocessors, software architectures ...
How many of those talented engineers would've matured to that level if not for the cold war investments? You can certainly argue that government oversight of all this talent was misplaced, but you can't deny that it provided the essential opportunity for that talent to develop.

Comment: Re:I admire their spunk, but... (Score 1) 275

by kharchenko (#46593487) Attached to: Operation Wants To Mine 10% of All New Bitcoins

Inflation causes misallocation of resources. This is basic economics and is the reason Bitcoin is designed to eventually target a stable monetary base.

I don't know what "basic economics" you've been taught at the Bitcoin developer crashcourse, but as is, Bitcoin has been a highly deflationary currency, and at best, at some point in the future it will become mildly deflationary.

The whole thing is pretty much construed to protect against inflation. From an economic standpoint deflation is terrible. Most obviously it discourages investment (you're better off sitting on your money, and you're in a bind if you take out a loan since its real value will continually increase). Protecting against deflation is one of the key reasons why most countries manage their currencies.

This is not a problem intrinsic to cryptocurrency itself, and the folks who designed it must have known all that. So I think that either Bitcoin was designed with the aim of short-term profit goal of a pyramid-like scheme, or it was designed by some economic idealists who thought gold standard was too liberal in upholding the status quo of the moneyed class.

Comment: Re:And that's exactly what I asked for. (Score 2) 2219

by kharchenko (#46181597) Attached to: Slashdot Tries Something New; Audience Responds!

If you can't get the comment system right, you don't have the site! If you can't make something better, copy the existing system, and try incremental improvements only! Right now it looks like some Dingus err Disqus jackass rode in to teach us how the real comment system should work. Terrible!

Work expands to fill the time available. -- Cyril Northcote Parkinson, "The Economist", 1955

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