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Comment Linus is just wrong (Score 1) 82

You run Windows and it blue screens. You run Linux or FreeBSD on that same hardware and it doesn't panic or log anything that looks like hardware issues, it runs for years without issue.

Yes ECC RAM solves random bit flips, but they happen so infrequently they can't be the cause of every Windows BSOD.

Comment Re:do not google "pig butchering scam" (Score 1) 134

A pig butchering scam is a very specific type of scam. It's not remotely like this.

This is the state holding the paper and giving you a token to represent that that you can move about quickly and easily. Just like banks do with digital accounts, only faster and cheaper.

I do wonder if these angry old men on slashdot are the same bright eyed optimists from years ago, just older and jaded.

Comment Re: Coal (Score 1) 134

I expect prices to rise about 5% to 10% for everyone else and maybe 3% to 8% for people using this, assuming it actually takes off. At best this can reduce transaction costs, it won't offset tariffs related price increases.

Retailers will be incentivized to encourage consumers to use it so both sides will benefit.

Comment Re: I think I know why... (Score 1) 134

Do you want the honest answer to that? It's because US banks are terrible and the payment systems they use are awful. People still use paper checks because they can't trust ACH. Things like Venmo exist just to fill in the gaps where banks are failing everyone

Look at what Europe has if you want to see a functional banking system. You can send payments from any account in any country to any other account in any other country within 10 seconds. For zero fees.

Also US banks have lower reserves and go bust more often than European or Asian banks. I wish I was making it up.

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