Half a billion dollars has been stolen. Where's the Tokyo Metropolitan Police Department? This is their job. It's embarassing that they haven't made any arrests.
No, it's not.
There's a lot of hate against this idea, variants of "but you don't understand you naieve fool" are being thrown around. Sure, this is a simplistic idea, but it's not doomed like you and the other contrarians claim. Consider:
Assuming you *did* manage to buy up 25% of the coal mines and take their produce off the market. A coal power buyout would raise the price of remaining coal, as coal supply would now be too low to meet demand from the fixed number of coal fired plants. Plants would need to bid up prices on the coal, or shut down permanently as too much demand for coal chases too little supply. Conveniently, the least efficient (i.e., the plants that emit the most unburned carbon) plants will most likely be the ones to shut down as they are the ones providing the lowest yield per unit of coal input.
Reduced total output from coal plants would reduce overall electricity generation, increasing prices overall. Increased energy prices would stimulate consumers to engage in power saving behaviour and lower the threshold of profitability on green power projects. Once equilibrium was reached again, the mix of green power gneration to dirty power generation would have improved dramatically in the economy. Part of the problem we face is that green power prices relative to dirty power prices are too high, and an initiative like this would be a shot in the arm to the green industry that desperately needs just a kick start to reach scale.
Stop hating the idea just because it wasn't presented in a 20 page brief complete with executive summary and contingency analysis. The idea holds water and the sentiment certainly is meritorious.
No wonder, I am not
On the other hand, they are almost perversely non-random-access(doubly so if you are talking about a multi-tape set with library swapping, more than doubly so if you are talking about a multi-tape set larger than your library can handle with junior-admin swapping), so the 'somebody fucked up, they need File X to be like it was three months ago' scenario sucks.
Nearline or consumer SATA on undistinguished controllers aren't quite as zippy; but they might as well be a RAMdisk compared to tape if you are doing small-scale restores, though probably not as fast if de-icing a much larger dataset for wholesale restoration of multiple systems.
Right, because who needs to pass a law requiring a gun registry when we can just ask the NSA for a list on demand?
Oh, wait, maybe this is a BAD thing.
You gun nutjobs would probably be a lot more successful at making your case if you could string together at least 140 characters that make sense. Right now, people like you are actively keeping the phrase "gun nutjob" alive, and you're turning off people like me who actually support your position. I know it's asking a lot of someone with a room temperature IQ, but could you at least try to think before you click "post"?
Now, if you just need a few megs of cheap storage and don't want to bump the BoM, building an arbitrary filesystem access mechanism seems so sloppy and unconcerned with actual security as to make me wonder what else they fucked up; but SELinux is pretty powerful, if a pain, at granular lockdown of lousy or dangerous software.
... The founders are younger; the pace is faster.'
And the quality is far, far lower.
While I may be a luddite, I truly believe that the progress of software innovation reached its peak circa 2007. Since then the quality of applications, usability of UIs, and generally the overall value of software has declined overall. In some sectors precipitously (web pages, window managers, tablet/metro style interfaces), in others a a steadier pace (office suite, web browsers); at best the industry has managed to simply maintain a moderately acceptable quality level(clis, email clients).
But more critically, the progress in building the infrastructure we need has effectively stopped completely. We need encryption by default, a distributed web, and software which interacts seamlessly with all of this. I don't see that the current bloom of App-creators is either willing or technically able to carry the network or software in general into its next stage of development.
Um, NSA can still install malwares onto it. It will be slower and more complex for that to happen.
And the implant for Linux is called SystemD!
I always thought it was called SELinux.
What about the independent parties?
So post the names of NSA employees publicly, and let's start collecting heads.
Why bother with the hassle, effort and expense. The best way to deal with the NSA is to cut their ludacrious budget. Then watch the outrageous sci-fi super surveillance software projects subsequently implode.
Even the adherents of the basic principles themselves seem to stop short of explaining why they work. "Here, this is duplicate code. You should follow the DRY principle and get rid of it." "Why?" "Because it's a principle."
They should let the new kid do some sink-or-swim maintenance on code that doesn't follow the principles. You want to learn about DRY, try changing one branch of duplicated code without realizing there was a cut-and-paste copy elsewhere in the code base. Now you've gone from a solid bug to an intermittent bug, and your clients are still yelling at you. Thus beginneth the lesson.
It would be a delicious irony if people were able to recover some of their lost value due to government regulations.
You mean like what would have happened if they were regulated like a real bank?
This has nothing to do with applying banking regulations to Mt Gox. It is about applying laws about fraud and theft. The difference is that regulations put a burden on innocent and guilty alike but potentially prevent problems before they occur, whereas laws simply attempt to punish the guilty and compensate the victims after the fact. If people do in fact recover any money as a result of this, it won't be particularly ironic since libertarians fully support laws on fraud, just not banking regulations, and complete federal control of currency.
These useless apps are worth nothing.
They're certainly not "worth nothing." They're worth whatever a vulture capitalist is willing to fund, or whatever an IPO will bring in. Those people still have the ability to turn punching purple monkeys into a pile of quick cash. The few technologists who time their insider stock-option trades correctly will get rich, but almost everyone else will get pink slips and a hard slap of reality.
Everybody out there imagines they'll be the one who lucks into a lucrative stock market trade, just as every gold miner imagines he'll be the one to strike the motherlode. I wish them all luck, but that's all I'll give them. I'm still not dropping $0.99 on a fart app.