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Investor Tim Draper Announces He Won Silk Road Bitcoin Auction 115

Posted by Unknown Lamer
from the plans-to-build-moon-fortress dept.
After some speculation yesterday about the winner of the auction for the first block of bitcoins seized from the Silk Road, the winner went ahead and made his identity public. Tim Draper has won the U.S. Marshals bitcoin auction and is partnering with Vaurum to provide bitcoin liquidity in emerging markets. ... Tim offered this in a statement: “Bitcoin frees people from trying to operate in a modern market economy with weak currencies. With the help of Vaurum and this newly purchased bitcoin, we expect to be able to create new services that can provide liquidity and confidence to markets that have been hamstrung by weak currencies. Of course, no one is totally secure in holding their own country’s currency. We want to enable people to hold and trade bitcoin to secure themselves against weakening currencies.”

Comment: Re:"MEOW" (Score 2) 148

by x2A (#45923973) Attached to: Physicists Claim First Observation of a Quantum Cheshire Cat

The splitter is functionally equivalent to taking a measurement, you may not be extracting the information, but it is an interaction, and it's the interaction part of "taking a measurement" that changes it, not the information extraction/conversion into another form.

We know the splitter changes it, because its velocity changes... it leaves along a different vector.

Comment: Re:Alternate Title (Score 2) 144

by x2A (#44923659) Attached to: Research Finds Link Between Inflation and Laughter In Federal Reserve Meetings

When inflation is above interest, or you store money in a way which doesn't get interest, then yes, it does act as a stimulus by allowing spending of money that is otherwise not being spent. Unfortunately, the main spending of the US federal government is on its war machine... so the problem is what is done with the debt+inflation tax, not the fact that it exists.

You do also need income to at least rise at the rate of the inflation, and then it only hits money not being spent, but neoliberal policies are making that happen less and less, with the worst off seeing a decrease in real wages, a refusal to increase minimum wage being heavily responsible there.

Comment: Re:Security professionals generally missing the po (Score 1) 341

by x2A (#44493655) Attached to: TOR Wants You To Stop Using Windows, Disable JavaScript

So what makes them so sure that only Windows machines were targeted?

Um... as it says, the exploit code is Windows specific... IOW, the code which collects the hostname and MAC address will be using Windows API calls.

They probably would have spotted if the exploit bundled WINE!

Comment: Re:Security professionals generally missing the po (Score 1) 341

by x2A (#44493643) Attached to: TOR Wants You To Stop Using Windows, Disable JavaScript

Ugh, if he was a plant then part of his job would be to create impressions such as those, so you having those impressions and believing they mean anything shows that you probably shouldn't be calling other people "idiots".

The only relevant point is that his source code is open, so you don't HAVE to trust him. That's the whole point!!!

Comment: Re:If nothing else..... (Score 0) 1061

by deesine (#42310159) Attached to: Anonymous Hacks Westboro Baptist Church

How exactly would you "dis-allow" this sort of free speech? Can it never be voiced in open, down the street, in another city, even on a website?

I swear, if you big hearted and overly sensitive types ever form a majority on the Supreme Court, we're all screwed. Please tell us you're just 17 years old and are still exploring and developing your sense of morality and justice?!

Comment: Re:Oh - FRACKING (Score 3, Informative) 259

by deesine (#41542675) Attached to: Earthquakes Correlated With Texan Fracking Sites

The other possible causes are faults.

You seem not to have read the last sentence of the abstract. Allow me: "Testing this hypothesis would require identifying geographic regions where there is interpreted subsurface structure information available to determine whether there are faults near seismically active and seismically quiescent injection wells. "

Heisenberg may have been here.