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Comment Re:2.9% + $0.3 (Score 1) 76

Until someone starts offering a flat fee for payment processing somewhere close to cost of the transaction, which is microscopic

So you'd want a company to float you the money during the transaction for up to thousands of dollars, cover all the real costs of the transactions, and handle any fraud prevention and losses all by charging a few pennies? That sounds like a sweet investment deal to be had!

You mean like Dwolla?

Comment Re:The point of an exchange (Score 1) 48

It would be interesting, if somehow the exchange functionality were built into the protocol and entirely P2P. Getting rid of these centralized exchanges seems like it would really stabilize the currency. I don't know how remotely feasible that would be, it is far too early in the morning without coffee.

Effectively, what you describe is the protocol(which is p2p as well), except that the protocol does not address the issue of matching prospective buyers and prospective sellers (a protocol that does this, without a central market-operator, would be neat; but bodging one into a protocol for transferring virtual coins without double-spending would probably be unwieldy, though clients that implement both would be logical).

Uhm... isn't Ripple supposed to be that decentralized exchange?

Comment Re:Just start the war already! (Score 1) 498

...Poland had a huge military, which is why Germany had to take them out before tackling France.

This statement doesn't make any sense, and unfortunately nullifies your entire argument. Invading Poland was the plan all along (to reach the USSR eventually). Why would Hitler start by invading France if the lebensraum was on the East?

Comment Re:Creepy (Score 1) 1034

He was using a video recording device (i.e. wearing it with the camera pointed at the screen) in a cinema.

What does this have to do with the FBI!? Are you idiots seriously saying the FBI should get involved with this trivial garbage? This is why copyright law needs to be scrapped.

If they don't like it, kick him out.

Actually yeah, since copyright laws are federal matter, it's the FBI who should be involved. Yes, it IS absurd, but it is the law. If you don't like it, fight to change it.

Comment Re:Creationists love Social Darwinisim (Score 1) 770

[sarcasm]Why should the poor have more now when they have the "Kingdom of God". If you ask me they are getting the best of the deal, so we should take more from them. [/sarcasm]

That would be the Catholic doctrine (poor in life, rich in heaven for eternity). Your typical (protestant) creationist actually believes the Grace of God manifests in this life too, so rich people are chosen already, and the poor are screwed pretty much now and forever.

Comment Re:Killing two birds with one stone? (Score 1) 408

Who's to say they HAVE to get 28 million out of it? Just like any forfeited assets, they can make a judicial auction and sell the BTC to the highest bidder, with a base price of, say, 100$/BTC, and let it go from there.

And they don't even need to use any exchange at all: the highest bidder can write a big fat check to the FBI, and they send the coin to whatever address he says.

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