My understanding is that MEGA work by encrypting your data client-side within the browser, so the only thing that could happen to the said shopping list is getting lost, but until it is sent back to your browser and decrypted there even Dotcom cannot read it - that's the main reason why they cannot provide you with a password reset feature. They have a bug bounty program for finding holes in this setup. I do not trust the guy either but I think that this kind of arrangement, while having a side effect of protecting him from liability for users' content, also helps keep my data more secure. OTOH I know Slashdot is full of people more knowledgeable with the matter, so I do not mind hearing more from someone who can poke a few holes in their model
I hope this is not too off-topic, but Mega has recently (and very quietly, without even a mention on their blog) released a Windows sync client - a significant step in being feature-complete compared to their less-encrypted competition of Dropbox, Google Drive or Microsoft SkyDrive.
I think Stross' article has many weak arguments, and one strong one - deflation. Thank you for explaining why it's important. As a side note, however - perhaps there was no need to call other human beings "BTCtards".
Posting to undo a mistaken mod. Your comment is great!
I am a teacher and that's exactly what I have been thinking for many years. One of the things that changed my opinion was Daphne Koller's TED talk
If profit is not necessary, could you give me one reason why anyone would fund a startup? Could you explain how to build a factory if the bank won't give you a loan? How to expand internationally once you've invested all your personal wealth into your business? Why would someone risk being a business owner and not an employee? See, all these are things that are typically solved by equity investment, or (partly) giving up your ownership, and these investors, for the large risk they are taking, expect a return - profit. Interestingly, as an example, in Islamic finance it is okay to turn profit but it's forbidden to give loans and ask for interest which is understood as making money without taking a risk. Or, in other words - the business generates value for customers (otherwise they would not buy its products), for employees (who get wages), for loan providers (because you pay interest on your loans) and finally for owners who are running the largest risk - a risk that there won't be anything left to pay for their investment in the company. You would suggest to let them take losses but not have the option of getting profits... and I think it would not work
This seems quite innocent and hugely useful at the same time - can anyone see the angle from which the rights holders will most likely try to attack his effort?
Posting to undo my mistakenr mod.
Spreadsheet software such as Excel or Calc are very good examples of flow-based programming, and it seems non-programmers can cope with it. However, we all know how hard it is to get larger-scale projects in Excel to work
Assuming that you protect your phone from the random thief, I would recommend installing a tracing app and leaving the phone unlocked - a locked phone will just encourage the thief to hard reset it or turn it off immediately. Same with a laptop - I had some tracing software installed but unfortunately I forgot to enable the guest account so the thief could not use the laptop... and therefore never gave me a chance to locate it.
Phones have strong seasonal sales variations around Christmas - e.g. here, so your point is quite weak.
And if they were members of the SEA, would the SEA say anything different?
Plain English: Although their revenue has grown, they are still making losses. It may seem, from a certain point of view, like they are earning a bit of profit for each of their shares, but that's only if you adjust the figures in a way that is not allowed by official accounting standards.
A single-purpose email address that lets any interested neighbors write me and agree on sharing the connection if they wish. I live in a high density area...