Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!


Forgot your password?
Check out the new SourceForge HTML5 internet speed test! No Flash necessary and runs on all devices. ×

Comment Re:Wrong even if correct (Score 1) 192

He doesn't understand the benefits of Deflationary currency. The benefits include less (or no) need for Government support programs (welfare, SS etc). It would require less in taxes, allowing people to keep their earnings (and wealth). It would increase a whole slew of things we really haven't seen in a very long time. Working hard as a youth (when it is easier to "work hard") would pay huge dividends long term for society.

The assumption is that rich people wouldn't spend their Coin, and horde it. This is largely false, as really rich people would buy the comforts that they desire. Catering to the wealthy would be a way to acquire wealth. As opposed to today, working as wage slaves to the wealthy class, buying everything on credit and depending on debt for a lifestyle.

Comment Re: Wrong even if correct (Score 1) 192

You are correct. Real deflation is caused by money supply not increasing at an appropriate rate to counter increases in productivity and commerce (velocity). BTC is deflationary since most of the Inflation period has long since past. It was HIGHLY inflationary at the beginning, Long term, it was always designed to be deflationary.

Comment Re:Wrong even if correct (Score 1) 192

Fluctuation in BTC is due to perception, not reality. But since perception is reality, if you buy BTC whenever there is a huge problem with BTC and the exchange prices drop, you'll be correctly interpreting the value of BTC. Those people who buy High and Sell Low are those that have a desire to be popular, but never are.

Comment Re:Wrong even if correct (Score 2, Insightful) 192

Actually, Deflation is neither good or bad. Inflation is neither good nor bad. Excessive amounts of either are generally bad. What people want is a stable currency. Unstable currencies are bad. Especially Fiat Currencies.

BitCoin is deflationary currency by default. There is no way to inflate BitCoin, short of massive amounts of CPU time.

If we are trading one FIAT currency for another, one that is immune to Government interference is probably the better one.

Comment Re: Sack of salt (Score 1) 101

You don't appear to understand that the 240hz is the scan rate. Higher means less motion blur. It doesn't really affect the picture otherwise. I got it because I like to watch sports. Truly it's not significantly better than 120hz but is quite noticeable compared to 60hz. I did the research before I purchased it. I considered a Plasma display at the time because they are even better, 600hz if I recall.

Comment Re:True, but you won't like the solution (Score 1) 276

Sure it does. You're excluding the downtick caused by kids not getting in trouble as much, and going down the path of crime.

At worst, it is gonna be a wash. At best, it will dramatically lower incarceration rates (see, #1 indicator list above), even if you're correct that SOME men will end up in jail on wife beater charges. But then again, you're probably too damn afraid to try it ... because change is hard.

Comment Re:Fake news? (Score 1) 400

No one is shouting anything. I just don't care to debate someone trying to redefine already poorly-defined, loose categorizations. I'm just happy now that absolutely anything can be described as "strongly right wing".

Perhaps we can all stop taking that nonsense seriously and talk about ideas rather than which box those ideas belong in -- they're all "strongly right wing" and "left wing" and probably also "moderate".

Comment Re:Provide this at the state level (Score 0) 276

Here's my homework, teacher: Article 1, section 8: Congress may lay and collect taxes for the "common defense" or "general welfare" of the United States.

This does not equate to a power to spend tax money on (or regulate) anything "for the 'common defense' or 'general welfare'". If Congress's enumerated powers included getting involved in education, this clause would grant them the power to raise money toward that end. It does not grant that power by itself. If it did, the remainder of the section (and the entire concept of enumerated powers) would be rendered meaningless, which was obviously not the authors' or signers' intent.

Don't worry, this is a very common mistake. Your reading comprehension will improve with practice. In the meantime, perhaps you would care to read what Thomas Jefferson and James Madison had to say on the subject.

Slashdot Top Deals

Disclaimer: "These opinions are my own, though for a small fee they be yours too." -- Dave Haynie