It's a deflationary system. People will lose wallets (die without clear instructions and such for others to use them, and the like).
And it's hijackable by a single person. When a single person has control of the blockchain long enough, which happens as people drop out of the mining business, a single entity could transfer all coins to themselves, then process the transactions, until they "own" them all. It will happen, and when it does, people will lose faith in all block chain systems, even those without the same limitations.
It's useless at that point anyway,. as if everyone drops out of the network there is no more network to process transactions and the value drops to zero.
Bitcoin as a financial system is made impractical in the long term by the fact that it is limited in the total number that can be issued. After the last one is issued, the intent is for the value of them to simply go up.
A Bitcoin is the solution to a hashing problem for which the ease in calculating a solution goes up with the size of the search space. In a very large search space it's easy to generate a solution, but as the search space becomes smaller you have to spend more time hunting around for a correct solution.
As more solutions are found, the people behind bitcoin validate that 'coin and then shorten the length in bits needed for a valid solution. They have a fixed number in mind that they want to base the currency on, and as the number of solutions found approach that number, they have been shortening the length so that they will eventually have exactly the number they want, and finding new solutions will take an astronomically long time.
There's nothing preventing them from increasing the valid length of solutions and letting people find more. They have explained countless times that this is how they can have actual inflation in their currency.
Countless times of explaining this to the public, and yet people continue to repeat bullshit they've heard "somewhere on the internet" that matches their woldview.
It's no wonder they're having trouble - they're concentrating on their project, but losing the war against propaganda.
That's a totally inaccurate means of explaining this.
The difficulty of finding a solution scales as the network grows, it has nothing to do with the amount of currency in it. Mining continues once the full amount has been released, because mining is about transactions, not block rewards. Once the total amount of the currency exists, then mining is rewarded by transaction fees as there is no more block reward.
The nameless "They" cannot increase the money supply. The entire network would have to vote to fork the code onto a new system to change the monetary limit. There is no "they" that have any control over the network, the only people who control the network are 51%+ of the miners.
I understand why people do it; I just think the costs outweigh the relatively minor benefits. (And yes, I realize other people weigh things differently) Having a mailreader on your desktop(s) isn't a big deal. The only time it matters much, is when it's someone else's desktop, since a lot of mail clients make the initial setup somewhat of a pain in the ass. (And I get how a layman might not remember whether their server uses starttls vs ssl; I'll admit there are barriers to fast setup, where you want to ask your friend, "Hey, can I use your machine to check my email real quick?") But while maybe some people were having to borrow other peoples' PCs a lot more around the turn of the century, nowdays nearly everyone carries one in their pocket.
And across from the relatively minor benefit of webmail, is the cost: it means you can't do encryption sanely, for example. And since it doesn't have a standard interface, now Google is proposing a proprietary one, to try to do some of the things that you could do with IMAP. That's just going to lock people into gmail specifically. I get why they are doing that, but from a user's PoV, this is wastful and harmful.
Just Say No. Now that you have a smartphone, perhaps webmail is obsolete and it's time to start phasing it out. Whereever you go, there you are.
The more specialized logic you add to your mailreader, the worse fit webmail is. IMAP, on the other hand, already is a standard interface!
If they can perform enough of the "installation" work prior to actually having the batteries present, then I'd make -j 1000000 that thing.
I have an HDHomeRun with a cable card, and VLC talks to it just great on Linux.
When did this happen?! (I fear I'm probably misinterpreting your comment.)
I have one of the older non-CableCard HDHomeRuns and it worked great for a while.. but ClearQAM gradually phased out so that CableCard was the only option that could receive everything you pay for. At the time the CableCard version of HDHomeRun came out, it was not interoperable with whatever software you wanted; you had to use Microsoft's whatever-it's-called or else "fuck you, fucking customer, we don't want your fucking money, you fucking fuckity fuckfuck." (I paraphrase the lack of API.)
Did they really later open it up so that it works? (You're not going to tell me this is really a VLC-specific proprietary blob thing, I hope.)
Any claims based on the assertion that they behave lawfully is flawed and not to be considered credible.
Cars crash. We all know that. But if you say a car crashed at a certain place at a certain time -- but all the people who were at the intersection at that time say they didn't see anything, and the alleged cars aren't showing signs of damage (or repair) -- then the subject matter is your dishonesty, not whether or not sometimes cars crash.
Trump lied again, and got caught again. Think back to whoever you thought was probably the most dishonest president, before Trump came along and broke all the records so quickly. How often did that president get caught lying?
Pretty much the only way this motherfucker might ever get credibility with Americans at this point, is if he announced that he's getting psychiatric sessions.
What are you talking about?
Plato talked about trying to use radio to learn about music, but the company insisted that it would sell better if he wrote about caves and shadows. (To be fair, caves were HYUUGE in that market at that time.)
You sound like someone who lost their intell sources. (I remember going through that, as a metalhead in the 1990s when metal didn't die even slightly, but nevertheless disappeared from radio, neighborhood brick'n'mortar stores, etc. I went through some dismal years before I learned to research, and then started to discover a portion of what had been happening under my nose.)
All that stuff about autotune, Disney, focus-group-tested lyrics represents a virtually non-existent share of music. You are flaming obscure things, while the other 99.99% of music is going un-noticed. Find your people. They're almost certain still around, somewhere.
And while I certainly don't want to discourage you from researching music from the far reaches of the globe, you might also want to check the bars in your own city. (But FFS you have the Internet now, too!)
BTW, I'm not saying 98% of everything isn't crap. But it was true in 1970 too. For every Stone the Crows or Jethro Tull, there were a hundred bands trying to be be a sonic and financial clone of The Beatles.
Put the whole list on a publicly-available web page, and then fix the page if someone notices and reports an error.
...individuals are ultimately responsible for their own actions....
You hit the nail on the head there - people should be judged on their actions (or to steal better words from MLK, "the content of their character"), rather than the color of their skin, or their affiliations.
This is a key point in the political context: think about it, if we all walked in lock step with the party line at the exclusion of all other ideas (for those of us who associate with a political party) there would be no opportunity for change, negotiation, or reconciliation for the population at large. Diversity is critical to the functioning of our American government, regardless of your political bent.
In the 1900s (and earlier) people came here to work hard and succeed. While that still exists in many cases, in others we have people looking for handouts or looking to do harm because of their hatred for the US. Immigration isn't a simple topic and today's world doesn't make it simpler, not for the US anymore than for Europe.
I call BS on that. Have you ever heard of the "Sacco and Vanzetti" case?
Nicola Sacco and Bartolomeo Vanzetti were Italian-born American anarchists who were convicted of murdering a guard and a paymaster during the April 15, 1920 armed robbery of the Slater and Morrill Shoe Company in South Braintree, Massachusetts, United States. They were executed in the electric chair seven years later at Charlestown State Prison. Both men adhered to an anarchist movement that advocated relentless warfare against what they perceived as a violent and oppressive government.
Or, the Wall Street Bombing of 1020?
The Wall Street bombing occurred at 12:01 pm on September 16, 1920, in the Financial District of Manhattan, New York City. The blast killed 30 people immediately, and another eight died later of wounds sustained in the blast. There were 143 seriously injured, and the total number of injured was in the hundreds.:160–61 The bombing was never solved, although investigators and historians believe the Wall Street bombing was carried out by Galleanists (Italian anarchists), a group responsible for a series of bombings the previous year. The attack was related to postwar social unrest, labor struggles, and anti-capitalist agitation in the United States.
The Los Angeles Times bombing was the purposeful dynamiting of the Los Angeles Times building in Los Angeles, California, on October 1, 1910 by a union member belonging to the International Association of Bridge and Structural Iron Workers. The explosion started a fire which killed 21 newspaper employees and injured 100 more. It was termed the "crime of the century" by the Times. Brothers John J. ("J.J.") and James B. ("J.B.") McNamara were arrested in April 1911 for the bombing. Their trial became a cause célèbre for the American labor movement. J.B. admitted to setting the explosive, and was convicted and sentenced to life in prison. J.J. was sentenced to 15 years in prison for bombing a local iron manufacturing plant, and returned to the Iron Workers union as an organizer.
Ya cause in the 1900's they were treated fairly
No they weren't -- the reason we have all of these European ethnic groups associated with a 'white' race is to dissociate themselves with their immigrant status and heritage - precisely because they were being discriminated against.
The bigger irony to this story, is these same people who have immigrant backgrounds (and that would be all European Americans) turn around and discriminate against new immigrants.
You will have many recoverable tape errors.