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Comment Re:Satoshi Nakamoto foresaw this (Score 1, Interesting) 396

It's an elaborate double bluff. Satoshi is the US govt/Fed/IMF or some similar consortium of 'money controller', who are quite aware that the current monetary system is out of control.

They have built bitcoin, they own a controlling amount (or are in the process of buying it... they have infinite money to do so). Over time they will engineer themselves into a position of owning a controlling amount of the network (having infinite money to devote to a data-centre or two of miners).

The endgame is that they are going to be processing most blocks and therefore collecting the bulk of transaction fees. The protocol allows the finder of a block to choose which transactions to include, meaning they can effectively block transactions that don't pay sufficient fees.

Then we are back in exactly the same situation as now, except there is no actual cash that people might transact off the books. The USD becomes the black market currency. The majority of the new BTC wealth in the hands of the few, and everyone else paying tax for the privilege of transferring money.

Carerful what you wish for :)

Submission + - An odd symmetry breaking of clocks

stpalli writes: In 1665, Christiaan Huygens' observed, possibly for the first time, spontaneous self-emergent synchronization. He hung two pendulum clocks from a common wooden beam and noticed that the pendula always ended up in exact synchronized motion in spite of how they were started and referred to this as an odd sympathy of clocks an odd sympathy of clocks. Inspired by this classical experiment, researchers now find, in a stunningly simple experiment , the co-existance of of synchrony and desynchrony in coupled metronomes — an odd symmetry breaking of clocks, known as a chimera state.

Submission + - Snowden kills "metadata" argument during live hosted by The Guardian

An anonymous reader writes: In a live chat hosted by the The Guardian, Edward Snowden has clarified that the NSA does not simply have access to metadata, as has been the media rhetoric, and that large volumes of data relating to US citizens is frequently ingested.

Answering one question, he wrote:

If I target for example an email address, for example under FAA 702, and that email address sent something to you, Joe America, the analyst gets it. All of it. IPs, raw data, content, headers, attachments, everything. And it gets saved for a very long time — and can be extended further with waivers rather than warrants.

Answering another:

US Persons do enjoy limited policy protections (and again, it's important to understand that policy protection is no protection — policy is a one-way ratchet that only loosens) and one very weak technical protection — a near-the-front-end filter at our ingestion points. The filter is constantly out of date, is set at what is euphemistically referred to as the "widest allowable aperture," and can be stripped out at any time. Even with the filter, US comms get ingested, and even more so as soon as they leave the border.

Comment Re:Just because YOUR government is corrupt (Score 2, Insightful) 327

Trying to 'fix' the situation is unlikely to work.

A better strategy is accepting there will be failure, and building systems to cope.

A great example of this, quite fittingly, is the internet itself.

Accept that governments will work most of the time, understand they will fail some of the time. Keep your eyes open. Try and be cool. We are all in it together, despite the example set by some.

Submission + - ARM hates the Lima driver. (livejournal.com)

An anonymous reader writes: ARM management seriously dislikes the project to provide an open source driver for ARMs Mali GPU. ARM management sees no advantage in an open source driver for their Mali, and they think that the Lima driver reveals too much of the internals of the Mali hardware. ARM management believes that if they actually wanted an open source driver, they could simply open source their own code. The main developer of Lima naturally doesn't buy into ARMs views or reasoning, and states that Lima will continue and that ARM cannot do anything to stop it.

Submission + - Bitcoin Bubble: Should Fans Be Celebrating?

F9rDT3ZE writes: Due to its unique features, the economics of Bitcoin are difficult to grasp even for those with advanced degrees in economics. Following generally-accepted economic thought, though, a number of commentators have started to point out that Bitcoin's rise in value relative to other currencies means that it is experiencing deflation (its value relative to what 1 BTC purchases is going down, just as if a Big Mac cost $2 instead of $3), and that most experts believe deflation is unwelcome for currencies because it incentivizes hoarding (often followed by massive inflation when hoarders sell off, sometimes in waves produced by crashing prices). Does the price bubble in BTC indicate not its strong future as a virtual currency (as promoters like Falkvinge suggest), but instead mark the end of its usefulness as the medium of exchange for which it was designed? And are you spending your bitcoins now, or holding them?

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