For me, the biggest advantage is actually that I can spend it anywhere. What I mean is that I don't have a 3rd party telling me that my sale has been declined because they don't like where my transaction is being routed through. With crypto-currency I can send direct to the person I want and no middle man, except the exchange I purchased it from, but that is less of a worry for me, because all I want is for my money to get where I want it to go.

This is her fault. #1 thing you don't do is lie during any kind of background check for the gov. Most of the time they're not looking for if you did anything bad in your past, but whether you're an honest person or not. Lying flags you as dishonest and you will be fired or not-hired in the first place.

Introduction to Probabilistic Automata - Azaria Paz
Anything by Claude Shannon
Information theory and statistics - Sollomon Kullback

Realistically, you have a small point. It's hard to dump large sums. But I can see you probably aren't in the cryptocoin mining community. When I first came up on my huge dump, I had a problem getting rid of them for what I felt it was worth at the time. So... I traded coin-to-coin evenly for every alt-coin that could be sold for cash and was selling. Then dumped for cash on those markets. Granted, my operation was not up to this scale, but at the time, I was making it rain.

Why do they get to patent the Turing test?

Is there something I don't know about the reader software on my computer? Is it leaking info about what books I'm reading?

On the other hand, how does anyone know if I put it in dropbox and share my dropbox folder with someone? Or rename the file or strip any identifying meta-data and just host it on a private website that requires password to view?

There's lots of things that don't make sense to me about how this will actually thwart piracy by striking fear into people's hearts. But then again, I (and we) are probably not the intended target(s) of that fear.

The IRS taxes Americans on American income. Bitcoin is income for most people involved. They should pay taxes on it.

I already claim it as income.

So they store CP and search for CP at the same time? Why is that good?

Is this going to flag baby bath tub photos as porn? Or is there an algorithm to detect penetration or other signs of exploitation?

How does Google get away with storing so much CP? Shouldn't this be handled by some gov entity?

For projects you claim on your resume, get a letter of recommendation from the company you did the work for or use that company as a reference. They will be able to say "yes, he did work on that."

Not sure how many people will get that one ;) God tier 80s child reporting in

Exactly, my standpoint was that ACM is a professional group and should live on, without having to be resurrected every few years. But cores are important and will be replaced, it's just that while you're a part of the core, and everyone else leaves you will feel like you're the only one who cares and it will get very discouraging to the point where you'll think "what's the point?" If it dies after HE leaves, no big deal, if it dies while he's still there, it can be disheartening.

I will bite on this.

Something I found in the past is, if there is no presence where you live, contact the company and create the presence there. They will often work with you for loads of promotion that will cost them almost nothing.

Ambassador Programs
http://fedoraproject.org/wiki/Ambassadors
http://www.google.com/intl/en/jobs/students/proscho/programs/uscanada/ambassador/ (find your region)
http://www.microsoft.com/de-ch/students/en/getInTouch/MicrosoftOnCampus/Ambassadors/default.aspx#fbid=6Weg8o4CBmr
http://www.apple.com/education/campusreps/

Don't forget to contact other major distros and see if they have anything similar or would donate some shirts, dvds, usbs, keychains or ANYTHING to your group to help promote Linux.

Sign your team up for Dreamspark and get Microsoft OSs running as VMs on top of linux so you can know about the issues involved with running MS services in VMs. They also have something like "Microsoft Services for Unix." It's always good to know your "enemy."

This is my experience, I know your club will be slightly more topic focused than an ACM club but these are some issues I had as a leader and member of several computing clubs in my time. I hope it helps.

Scheduling
You have to find a balance in your schedules. One of the main things clubs will suffer from is either having too many meetings and not having enough content to fill them up or having not enough meetings and people forgetting about it, either way, you will lose members because of these two things. This is not just ACM but in the hackerspace I attend in my town that had "organized meetings" that ended up being nothing and sometimes just me sitting there alone wondering if anyone was going to show up for the talk on the calendar, and even the speaker doesn't show up.

Don't get discouraged
You're going to have people showing up looking for answers to homework problems or with general class problems and are looking for some magical device to help them pass their courses. You will also have people showing up looking for free refreshments. You will get people who think joining your club is going to somehow lead to an internship somewhere or that you'll help them in their career. They will all eventually stop coming, you must not take it personal and keep going.

Content
Keep your content on track and don't write checks you can't cash. Working in a group where people are bogged down by coursework already and have little to no time to commit will often bullshit with you and say they're up for a task then not deliver when it matters. So what I mean by this is don't promise anything to the group or outside groups (we had a president do this before and it made us look bad), don't promise help with web pages or anything like that. These things happen like "hey can you help me with [thing]?" then you feeling like a good chance for outreach are like "sure" and you're in trouble and looking like a total jackass now.

Make sure you can get guest speakers to come and talk about something related to projects you're working on. It will be exciting to hear about how maybe someone implements [thing] in the real world and what to look out for when doing real world implementations. You can learn a lot about things like hardening servers and so on by asking a working engineer about dos-and-don'ts in the work force.

Keeping content on track can be hard, you start forgetting what the point of the club is as it turns into a more social event (which isn't bad) but you will lose members and focus very easily and eventually your club will die. So maybe set aside social time after the main meeting content is done, this will allow people to mingle and get some good technical information from your meetings.

Your core will eventually disappear
College is a revolving door and the 5 core members who really tied the group together will graduate and you will be left with people who don't care as much. I saw this happen to ACM while I was at my school before I got involved with some friends forming the "new core," then we graduated and my dept chair emailed me saying "ACM is now dead." So you need to ALWAYS be advertising and finding people who are interested, or you'll have a huge hole in your group. You'll also be trying to find a way to make things go back to how they were and recapture that magic, it won't happen. Don't get discouraged.

Leadership
You are just some guy who likes linux. People are going to look to you as a leader and expect you to have answers. Don't bullshit. My first experience at ACM involved a "Linux seminar" where the president was giving the talk. He didn't know anything about linux. He somehow became the Fedora ambassador at the school (probably because no one else knew about the position) so he decided to try to get us all to install fedora and was trying to show us how to configure it. He never used linux before. He made a real ass of himself and a few friends of mine and myself ended up finishing the talk for him from the audience by taking over the A part of the Q&A that erupted. Long story short, if you don't know, don't pretend. That meeting I described really killed the clubs image to the CS department students.

Ambassadors
Take ownership of these positions in the school if you can and throw release parties. You can often get the parent company to sponsor the event. I know for sure Google, Fedora and Microsoft (I know... but it has perks for the club) have ambassador programs and will provide funding and raffle prizes that can be used for fundraising to keep the club going.

Pressure
Do not pressure your new members to wipe out their existing Windows OS for linux, they will be fearful of this. They are curious and want to learn, but still want to play League of Legends and whatever. The best thing I found was using virtualbox to install VMs that they can mess around in. You will gain new members a lot easier if you have a "noob meeting" where you do an intro to setting up a VM and getting them going with linux and easing them in. Then, they will become very active members.

Also, at times you will feel some pressure. Drink a beer and play some league of legends, it's not worth worrying about, it should be fun.