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Comment Re:I admire their spunk, but... (Score 1) 275

Yeah man totally. VISA and Mastercard won't be able to maintain their business model of processing transactions much longer.

Apples to zebras, my friend: VISA and MasterCard process transactions in hundreds of currencies. Even if one of those currencies (or even ten) were to simply become worthless it wouldn't really do any damage to them: They'd just figure out how to process Visa card transactions in the currency that replaced whatever disappeared.

Bitcoin processors are basically fucked. Maybe they can repurpose some of their uber-expensive GPU rigs to mine other currencies, too.... But maybe not.

I think it would be hysterical if, in three years, eBay had 10,000 auctions running for these overpriced "GPU in a box" rigs that were selling like hotcakes last year before the late-adopters figured out BitCoin wasn't really a workable currency.

Comment Re:I admire their spunk, but... (Score 1) 275

When I see how much hardware and electricity is being wasted on these various mining processes, I can only shake my head.

I'm not sure when BTC is slated to have all of its coins mined, but it will be instructive to see what happens to it at that point.

Its value will plunge precipitously. There simply isn't enough money "processing transactions" for other people for a reasonable "business" to be run doing so, and that is all that would be left for "miners" once all the bitcoins are found. So "processors" will start disappearing almost immediately. This will in turn drastically reduce the ability to spend your bitcoins which will in turn demolish their "value."

All of that is to say "Dump them now, avoid the rush, maybe get some of your money back."

Comment Re:Exploited sites? (Score 1) 119

Perhaps one or more of these sites were running expoitable software, and were hijacked to serve porn without their owners knowledge.

I know of at least one federal agency that had a poorly secured FTP server loaded with child porn back in to 90's

Perhaps, but most of these devices have a separate category for that (so you can run a report and quantify just how much "more secure" you are than if you'd stayed with your old product.)

Comment How about we hire based on competency? (Score 1) 397

I work in Silicon Valley and have worked at several startups. I am also white. I am also the minority. In most of the companies where I have worked, the majority of the software people have been Indian or Asian. Other jobs in the companies seem to be predominantly white/American. Why do I think this is? Well, our education system and values are a good start. We have been trying to grow the company and have several head count to fill. Most candidates coming in the door are also Indian or Asian, have at *minimum* a Master's degree or PhD, and are very driven to succeed. We pick candidates solely based on their skill sets. If a green girl with tentacles came into the office and was a good technical and business culture fit, we would hire them. Want to get more African-American and Latinos in our doors? Make them better candidates. Period.

Comment Funny... (Score 1) 379

I am getting close to 40 (geez, really?) and have had no problem. Could it be that the people complaining simply don't have the skills necessary to compete? I think that it is more that these 20-year-olds turned CTO/CIO/CEO simply have no clue what they're doing, and are hiring people that are style over substance. However, I could be wrong. After all, if you cannot use the newest up-and-coming technology, what do you have to offer, anyway?

Comment Ignore Silicon Valley (Score 5, Insightful) 379

Ignore Silicon Valley.

50 years ago it used to be a hot-bed of science and technological innovation. Now it is a magnet for designer coffee-swigging social cloud blog web 2.0 get rich quick smartphone app hipsters.

Look for real companies designing and building real products for proper customers. Silicon Valley's day is gone.

Comment Re:Does this mean (Score 1) 125

I'm pretty sure Samsung wouldn't just pay Microsoft without at least first checking to see if there's any validity in the patent claims.

I guess you don't follow the news too closely, then.

The patent claims are hogwash. Microsoft tried deliberately to keep the patent claims secret and/or vague (in contravention to the spirit and word of the law) in order to intimidate companies into paying up.

They've tried every dirty trick in the book to prolong legal action to keep the extortion racket going.

The FOSS community has tried to get the claims aired in public to disprove them (trivial, obvious, prior art, nonsense etc.) or to be able to replace any infringing code with non-infringing implementations.

However, some individuals and corporations with deep pockets have simply decided to pay off Microsoft (and their henchmen) to avoid even more costly legal battles (only the lawyers win etc.).

Anyway, Microsoft has put itself in a very strange situation with this. Let us adopt Douglas Adams' proof of the non-existence of God here.

Microsoft says to the world, "You people (companies and so on) using, developing and distributing Linux are infringing on our patents. We demand $5 for each smartphone shipped with the Android OS (i.e. Linux kernel) installed. [And, by the way, if you buy a license for SuSE Linux, we promise not to sue you for any of our patents which it infringes, but that's another story...]"

"Oh," replies the world, "But you are now thinking of giving Windows Phone OS away for free to any smartphone manufacturer who wants it."

"Yes, that's business!" Says Microsoft.

"Oh, I suppose so," Says the world, "But Windows contains lots of wonderful technology that only Microsoft engineers could possibly have thought of, inspired by the greatness of the corporation."

"You've got it in one!" Replies Microsoft smugly.

"And those stinking un-American pinko-commie hippies who right FOSS (Linux, cancer) must have stolen Microsoft's ideas."

"There is hope for you yet, young feller!" Guffaws Microsoft.

"But in giving Windows Phone away for free, you are admitting that there is no intrinsic monetary value in pre-compiled, closed-source software, in this case a mature, well-understood technology (i.e. and Operating System. And as such, these wonderful patents of yours have no monetary value."

Silence from Microsoft.

"So if your software and patents have no value, how do you justify charging other people for them who have come up with independent implementations of the same old (ancient) technology?"

"Oh dear, I hadn't thought of that!" Says Microsoft, who promptly disappears in a puff of logic.

Comment Re:Shooting themselves in the foot (Score 5, Interesting) 229

If you want to register a vehicle that you've purchased out of state in NJ, you have to pay sales tax on it, unless it was previously registered at your former address in the state where it was purchased. So basically, if you live in NJ and want a Tesla, you have to pay sales tax (and possibly registration fees) in the state you purchase it, and then pay sales tax AGAIN in order to register it in NJ.

That's true in most states. I got lucky in that I'd bought my car ~7 months before moving from New York City to Chicago...had I bought it 2 months later, I would have been stuck with sales tax in both states.

That said, as egregious as this is, it is nothing compared to the bullshit New York City and New York State inflict upon their residents. When I moved out of the state, I had to pay a punitive tax for having the audacity of leaving New York state. I kid you not. At around $3k, it's enough to hurt, but just under the amount that would make a lawsuit overturning this doubtlessly unconsitituional tax financially worthwile. That said, after this experience I will never willingly live in New York state again.

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