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Comment: Re: Good for greece (Score 1) 459 459

My proposal: have the Fed fund a basic income at zero cost to taxpayers. The Fed could structure it under Section 13 (13) of the Federal Reserve Act, as loans to individuals with negative interest. Thus, people would be paid to borrow.

Inflation is how taxpayers would pay for this "zero cost" proposal and it wouldn't be zero cost in reality.

Indexation of all incomes to price rises eliminates any potential inflation tax.

My take is that it would just create elevated inflation, perhaps even hyperinflation - where the money in question has no use as a store of value.

Now the Fed should apply that power of creating unlimited liquidity

The Fed doesn't have that power.

Comment: Re:Not kill the messenger ... (Score 1) 107 107

That's my point, with the caveat that its not really censorship since the goal is not to silence anyone but to investigate a crime.

Unless, of course, the intent of the effort was to silence the researcher in question. Then it is.

Again, all I'm saying is that its premature to claim censorship. As I said in the beginning all we can say for sure at this point is that it was rude to seize the equipment without asking for cooperation. Facts and opinions may change as more info unfolds.

But a kind of rudeness that routinely shows up when authorities want to make an example of someone.

Might be standard procedure to seize evidence without warning to prevent tampering.

It also might be standard procedure to cause as much grief as possible when someone gets inconvenient to the powers-that-be. What more could they be doing to this guy given their current powers?

Comment: Re:Good for greece (Score 1) 459 459

One size doesn't fit all, so it should come as no surprise that a currency made for industrial nations doesn't work so well for a tourist economy.

You're right, but not in the way you think. A common currency like the Euro works even better for a tourist economy than for an industrial one. The tourist can use the same money they use every day without losing money to parasites like money changers and some small time con artists. In other words, there are a vast number of small currency exchanges that are completely eliminated by the use of a common currency.

Meanwhile the industrial transactions don't depend on a common currency as much because the exchanges are less frequent, higher volume, and can be managed by a specialist in the business.

Comment: Re:This is a GODDAMN DISASTER! (Score 1) 163 163

Everything about bit coin is scammy from the get go. From the psychopath term mining bit coin, you are not mining, you are simply insanely burning energy for nothing wasting computing cycles on a complete illusion. Secret transaction seem to be the goal, especially for the originators who computer cycled huge numbers of bit coins for little effort, the top of the pyramid scheme. Who backs bit coin, no one, don't compare it to a countries currency, a whole country and it government backs that and they still fail, so what chance does an imaginary currency whose only benefit is the facilitation of crime and tax evasion have, considering that countries can effectively zero it's value by legally making it illegal at any time and you know it is just a matter of time.

Comment: Re:Shark curiosity (Score 1) 77 77

A shark does not play with it food, that stupid meme is a stupid meme. Consider the learning exercise, you are born into a sea with no help or guidance, just genetic guidance about likely edible and inedible flavours in the sea you swim in as well as specific trial and error testing method for food sources. So safe trial and error method, be wary, approach target carefully see what it does, hmm, not much. So swing around again and bite, not a too small bite, else target will escape, not a too big because there could be a negative reaction, counter attack or toxic response. The just right bite, which will cripple the target reducing the chance of escape but minimise ingestion of possibly toxic substances or risk of counter attack. Now hang back for a bit and wait to see if minimal blood consumed toxic, takes a few minutes, cant not wait too long else other predators will turn up but need to wait long enough to make sure. Of course that's only the first time that particular target is met, from there on in, easy prey eat at first sight. What makes human difficult initial prey is of course once bitten they seek to immediately get out of the water and they are a vengeful species and do not tolerate eaters of people in any form. Keep in mind, 'missing, presumed drowned', can and often does mean successful shark attack, we only ever really see the failed shark attacks, shark learning about a new potential prey. A successful shark attack you will hear nothing about except a missing person report.

Comment: Re:Shark curiosity (Score 1) 77 77

A shark does not play with it food, that stupid meme is a stupid meme. Consider the learning exercise, you are born into a sea with no help or guidance, just genetic guidance about likely edible and inedible flavours in the sea you swim in as well as specific trial and error testing method for food sources. So safe trial and error method, be wary, approach target carefully see what it does, hmm, not much. So swing around again and bite, not a too small bite, else target will escape, not a too big because there could be a negative reaction, counter attack or toxic response. The just right bite, which will cripple the target reducing the chance of escape but minimise ingestion of possibly toxic substances or risk of counter attack. Now hang back for a bit and wait to see if minimal blood consumed toxic, takes a few minutes, cant not wait too long else other predators will turn up but need to wait long enough to make sure. Of course that's only the first time that particular target is met, from there on in, easy prey eat at first sight. What makes human difficult initial prey is of course once bitten they seek to immediately get out of the water and they are a vengeful species and do not tolerate eaters of people in any form, including and especially other people. Keep in mind, 'missing, presumed drowned', can and often does mean successful shark attack, we only ever really see the failed shark attacks. A successful shark attack you will hear nothing about except a missing person report.

Comment: Re:What happened to basic training standards? (Score 1) 73 73

If you can shoot at them, they can shoot at you. The longer you take to aim, the longer you are exposed and someone else can aim at you or as is more often the case, take a snap shot at someone a few metres away and hit you by accident as they spray out bullets. Somehow a exo-skeleton that makes me stick my gun up with my head exposed behind it while it demands I take aim, kind of seems wildly offensive. Reality if the people you are training are too incompetent to learn to shoot relatively accurately with minimal training, you should not be giving them a gun because in the field they will revert to pray and spray and that is worse for your side rather than the other side. Many armies make recruits run/march for fifteen kilometres, then immediately get you on the firing range to shoot off twenty shoots and if you miss with too many shoots you fail and you are out. Of course it depends whether you want professional soldiers or just cannon fodder you can chew up and spit out, dumping them on the streets with crippling injuries.

Comment: Re:iTunes never cared about directories so why tag (Score 1) 244 244

Yeah..... this is true. Although it's ALSO true that at some point when Apple made the change to how iTunes sorted everything, they made it cleaner and easier to navigate. Because the change to putting things under "iTunes Media" vs. "iTunes Music" acknowledged people put a lot of different types of data into the software like video, ringtones, iOS apps, etc. With the older format, it ALL went under the main folder.

But yes, it was never all "in a glob". Now, iPhoto for Mac was another story ..... Compressing all your photos into one database file created a LOT of issues.

Comment: Re:Good for greece (Score 0) 462 462

More the reality is that human society as a whole has to relearn the lesson of the difference between the allocation or resources and services versus the allocation of imaginary capital. Entirely too much emphasis is being placed upon the fantasy of imaginary money making more imaginary money and somehow that imaginary resource equating to real actual resources like food, water, energy, accommodation and clothing.

The future of capital has to change and it needs a realistic basis, that logical basis will likely be energy generation capacity. You can do lots and lots of stuff with energy, it's generation and use can make or break our world. More clean energy means making far better use of resources. With oodles of energy you could desalinate sufficient water to turn the worlds deserts in farms and turn current farms located in more fertile high rainfall regions back into rich bio diverse national parks, you could more effectively manage the world resources.

Tying capital to energy generation capacity, would create energy generation growth and create a focus on making energy cheaper, to generate more capital. Part of that energy equation is of course paying to clean up the pollution created by generating energy, a real cost, so logically cleaner energy generates higher returns.

Comment: Rather Than in more out (Score 2) 162 162

Custom OS is not about what is in it but all about what is left out. Custom OS for appliances that only has in it what is actually necessary for that appliance, maybe just maybe incorporate application into the OS rather than a separate post boot load.

I think future trend will be a shift from more flexible universal operating systems to more modular, take every out that is not necessary for this particular appliance operating system, this to simplify security and even application level features become modules added into the operating system, so one quick boot to full functionality. So a much more modular operating system.

Comment: Re:That's still exactly what it was (Score 1) 212 212

So in lets say 10-15 years, it will be "criminal", "not eco friendly" and so to collect free water.

Or we could just not say that. I don't see any reason to "expect" water quotas.

If there is a "right" to have access to water, how far does that right go? Does my mobile home on the Moon have a right to the same access to water as you? Should society ship me water at 10k euro per kg? I see that there's apparently about 150 liters of water consumed per person in Europe. That's a 1.5 million euro per day per person right I have there. And oh look, I'm the one providing the extremely profitable shipping to my locale. How convenient.

Entitlement rights are nonsensical. It's too easy to contrive a situation where one can milk such a system for tremendous gain. Then it becomes the duty of some mealy-mouthed bureaucrat to explain why the right really isn't a right. Cue the water quotas. It's better not to waste our time with the exercise in the first place.

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