Comment Re:Property-seizures MUST STOP (Score 1) 142
Comment Re:Property-seizures MUST STOP (Score 1) 142
Desert Snow encouraged state and local patrol officers to post seizure data along with photos of themselves with stacks of currency and drugs
Law enforcement doing their job — and bragging about it — is fine. All professions do that, it is normal.
I don't even mind them seizing the (illegal) drugs, but possession of cash is not against the law. Unfortunately, a loophole in the American legal thinking (as well as the British, which we inherited) does not provide much protection to a person's property . Nowhere near as much as to the person himself.
The Executive can seize cash, vehicles, and even real estate without Judiciary oversight or approval — and that ought to stop. Their justification — that what they are seizing things was used for "criminal activity" — comes into play, before anyone is convicted in any criminality.
That must stop. A judge may impose limitations on using of the suspect property (and fund-transfer) — the same way movement limitations are imposed on a person, while investigation is ongoing or a trial is pending. But no seizures ought to be permitted until a "Guilty" verdict is pronounced and the sentencing enumerates, what's to be seized as a punishment.
It's time to start carrying a form of money that cannot be seized by authorities. (That is, as long as you can keep your private key a secret.) Oh dear... what are the authoritarians going to do when Bitcoin adoption goes maintream?
Comment Time For Decentralized DNS (Score 1) 495
Comment Smacks of Carmack (Score 2) 138
Submission + - BitPay, Toshiba Partnership Brings Bitcoin to 6,000 New Merchants (coindesk.com)
Submission + - Bloomberg's trading terminals now providing Bitcoin pricing (bloomberg.com) 1
Comment Skynet! (Score 1) 253
Comment Public Service Announcement (Score 5, Informative) 133
Comment Goodbye anti-spam automated challenge systems (Score 1) 101
Comment Re:Hell must be freezing over... (Score 2, Insightful) 135
To be honest, I'd rather my devices have a modicum of intelligence and look around to find the best frequency to use. To do otherwise leaves the whole system open to attack. What happens if this central authority server goes down? What happens if a rogue device doesn't report to the server? I'd like my robots with eyes and ears please, not being remote controlled from D.C.
Comment Re:Hell must be freezing over... (Score 2, Insightful) 135
Comment White? (Score 1) 135
Comment Re:Government is the problem, not the solution (Score 1) 799
Comment Re:Government is the problem, not the solution (Score 1) 799
Would you extend this line of thinking to the price at the pump. Let's say, hypothetically, that the end result of this is a ten cent rise in a gallon of gas, should BP be forced to make up the difference? What if the price of diesel jumps up and thus the price of fresh veggies and other consumer products jumps? Should BP also be on the hook for that? Just how much should the market and the wider society have to pay for BP's massive error? And what if BP cannot in fact entirely clean up the Gulf coast? What if the fishery is ruined for decades? Should BP be forced to pay an annual wage that averages out to be what fishermen would have received if they had been able to fish? Should BP be forced to pay for higher fish prices at restaurants and fish markets?
There are other oil companies that are not required to pay for this cleanup. Their prices will remain low. To be competitive, BP will be forced to continue selling at the same price as everyone else. So they will be unable to pass the costs on to consumers buying gasoline.
That said, BP should be responsible for *all* of these costs through damages to be awarded in court after each claimant shows proof to the court. Ideally, noone should be able to show any increase in gasoline prices due to this problem, as other oil companies remain unaffected by fines and clenaup costs, and BP has many so many other sources of oil, that this will not dramatically affect the amount of oil on the market. But anyone who can show proof of damages to the court should be compensated.