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Comment: Skeptical (Score 1) 192

by rlp (#46527697) Attached to: Recent news events re: Bitcoin ...

Paper currency - it's valuable because governments say its valuable and millions of businesses accept it.
Gold - its valuable because its historically been valuable, quantities are limited, and it's exchangeable for paper currency.
Bitcoin - its valuable cause bitcoin miners say its valuable and some very dodgy businesses accept it.

Bitcoin - no, thanks

Comment: Re:What exact laws were broken? (Score 5, Informative) 116

by rlp (#46448211) Attached to: SXSW: Edward Snowden Swipes At NSA

Bill of Rights - 4th Amendment to US Constitution:
"The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized".

There's no such thing as a free lunch. -- Milton Friendman

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