Follow Slashdot stories on Twitter


Forgot your password?
DEAL: For $25 - Add A Second Phone Number To Your Smartphone for life! Use promo code SLASHDOT25. Also, Slashdot's Facebook page has a chat bot now. Message it for stories and more. Check out the new SourceForge HTML5 Internet speed test! ×

Comment Re:This stuff makes me feel old (Score 1) 296


It should be obvious that my statement implicitly excludes current fiat currencies.

However if you look at what caused the destruction of all previous fiat currencies, and the current policies and actions with current fiat currency problems, the same path is being followed. There's little reason to think that "this time it's different".

Comment Re:This stuff makes me feel old (Score 1) 296

Of course the stated reason for leaving the gold standard was instability, but it's utter nonsense. $100 in 1812 purchased roughly the same amount of goods in 1912. But then the Fed took over, and a fake gold standard began, which was then completely dropped by Nixon in 1971. Now the dollar has about 4 cents of buying power compared to 100 years ago.

The real reason for abandoning the gold standard, of course, was so that government could fund it's ever-increasing budgets. Inflation is a great way to tax people with out "raising taxes". Simply steal from your money's purchasing power.

Comment Re:This stuff makes me feel old (Score 1) 296

What real/inherent value do your paper dollars hold?

You do realize that it's a fiat currency back by nothing, and infinitely manipulated by its creator, the Federal Reserve, right? You may be able to buy stuff with it now, but that won't always be the case (and indeed there's ample evidence that it won't be the case for much longer).

BTC, on the other hand, is finite and not easily manipulated like fiat currency.

So while the market cap of BTC is very small, which will inevitably result in seeming instability in its early years (i.e. now), it'll seem tame by comparison when you witness the instability coming to your favorite fiat currency.

Submission + - Glyphosate: Unsafe On Any Plate (

peakprosperity writes: In November, a very concerning report — Glyphosate: Unsafe On Any Plate — was released by The Detox Project and Food Democracy Now!, raising the alarm of the high levels of glyphosate in the US food supply and the (deliberate?) low levels of awareness of its associated health risks.

Dave Murphy, executive director of Food Democracy Now!, joins us this week to explain the finding of this new report on the worlds most-used herbicide (more commonly known by its retail brand: Roundup). As happened in past decades with the alcohol and tobacco industries, theres compelling evidence that profits have taken a priority over consumer safety — and as public health concerns are being raised, Big Ag is circling its wagons and attacking the questioners rather than embracing open scrutiny.

Are we being poisoned in the pursuit of profit?

Click the link below to listen to the interview:

Slashdot Top Deals

The absence of labels [in ECL] is probably a good thing. -- T. Cheatham