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Comment Re:Disallow stock trading / betting for certain le (Score 1) 69

Trading on inside information should be illegal.

Correction: It is illegal.

Unfortunately, most members of Congress have large stock portfolios before they enter office. What's your plan? Make them turn it all over to a financial advisor?

Well, that seems advisable. Unless you think they're sitting up late at night, making online trades themselves.

A Congressman can still see something in the works that could in general drop the stock market or cause it to rise. For the former, they can just suddenly need some money for personal needs and ask the advisor to sell some stock to raise X. Pretty tough to track. Having a "windfall" and turning money back over to the financial advisor before a rise - also hard to track.

Unfortunately, this is all pretty plausible.

Comment Re:Someone got into crypto not understanding -- sh (Score 1) 106

I suspect it's more hubris than outright stupidity: he's capricious; but Trump sometimes permits others to feast on the little people as well, when it suits him. I suspect that our gentleman here had no expectation that the dealings would be honest; but was hoping that they would be partners in crime against people who don't matter.

It will be morbidly interesting to see how his 'attempt to seek justice through the courts against someone whose lawlessness he has bene abetting' plan will work out for him.

Comment Oh boy! (Score 1) 84

I suspect that he's neither the first nor the last who are genuinely quite eager to see more 'equity participation' in some of the big bot shops; given that they've burned through all the VC they can get and even the dumb money is starting to get nervous. Retail bagholders and state investment under the guise of benevolence would be just the thing.

What is much less clear is whether the same amount of interest will be present once current investors take enough of a haircut that the remainder is actually worth something, or one or more of them actually start turning a profit.

Comment Re:Monkey See, Monkey Buy Other Monkey's Copy (Score 2) 31

They would have got more value out of a version of VNC.

Perhaps, but PCoIP was a specialized protocol aimed mostly at niche markets. Graphics production for Hollywood movies was one, where leaks of pre-released materials could sink the whole project. With PCoIP, you can distribute your graphics work across multiple independent studios, and none of them actually keeps any of the assets on their own machines. They're essentially doing their high-res graphics work on thin clients.

Another market was testing for higher education, for similar security reasons. People try to cheat on tests all kinds of ways.

Teradici always kind of struggled to market PCoIP, though, because their primary "product" was really just a protocol. Their model was to license it to other companies, who then used it to build bespoke solutions for clients. There was a bunch of intellectual property behind it, but not everybody could see the value. They even considered open-sourcing it, but I don't think they were ever serious enough to get someone to consult them on how they could do that and still preserve the licensing revenue.

(Full disclosure: I spent about a year helping Teradici with PR.)

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