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The SEC Created Its Own Scammy ICO To Teach Investors a Lesson (theverge.com) 75

In its latest effort to fend off cryptocurrency scams, the Securities and Exchange Commission launched its own fake initial coin offering website today called the Howey Coin to warn people against fraudulent cryptocurrencies. From a report: The name is a tongue-in-cheek reference to the Howey Test that the SEC uses to determine whether an investment is a security, which the Commission would therefore have legal jurisdiction over. Click 'Buy Coins Now' on the Howey Coins site and you'll be redirected to an SEC page that states: "We created the bogus HoweyCoins.com site as an educational tool to alert investors to possible fraud involving digital assets like crypto-currencies and coin offerings." It even has a white paper [PDF].

Comment Re: Winning (Score 1) 606

Like all telecommunications, internet service depends on infrastructure, either in the form of wires in the ground running through public right of way obtained through franchise agreements with state or local governments or using radio spectrum that is licensed via auctions. If you don't understand that using those public goods to deliver your product means that you're already operating outside the free market, then of course you don't understand why ending net neutrality is a threat to free speech. Internet access is ultimately a utility, and should be regulated as such.

Comment Re: Winning (Score 2) 606

As long as most elections in the US are single-member first-past-the-post contests, third parties are a non-starter. You can't express yourself by voting for a third party, because if you do, a megalomaniac real estate development and TV host might become president.

Comment "Don't Be Evil" in action, I guess... (Score 1) 477

Now that it's been firmly established that Google will remove content that courts in whatever $COUNTRY deem blasphemous, I suppose it's only a matter of time before places like Saudi Arabia, Iran, and Texas start to get in on the action and start censoring content they find offensive, like journal articles on evolutionary biology or pictures of women driving. Way to put (outdated) ideas over people's fundamental rights, Google.

Comment Re:Windows 8 (Score 1) 59

I know I'm feeding the troll but...

I'm running the Windows 8 developer preview (64-bit) on a five and a half year old laptop. Granted, I kicked the RAM up to 4GB ($44 shipped from NewEgg) and replaced the Core Duo with a Core 2 Duo (a T5600, $25 used on fleabay buy it now), but it runs well at 1900x1200 on hardware I basically rescued from the dumpster. You need to update your stock lines and stop mindlessly bashing.

Comment Re:Let the finger-pointing begin (Score 0) 464

This is the same thing a misbehaving child does when he's about to get paddled.

"But Billy did it toooooooooooooooooooooo!"

Grow up already. This is the future of humanity we are talking about here, not a couple of children refusing to share some toys. Regardless of what China and India do, we are screwed unless the US reduces its carbon output. The difference is that we already have the resources and the technology to do something about it, our population is just a bunch of whining brats who can't accept that we can't go on the way we are going. I can't believe that you have the audacity to insist that over two billion people in China and India must be forced to remain impoverished and underdeveloped before you'll be willing to pay slightly higher taxes on the gasoline and electricity that enables you to live in a McMansion in the suburbs. Actually, I can believe it, I just don't want to.

Damn it.

Comment You expected something different? (Score 1) 287

Teens who spend 3 hours plus on Facebook a day and send 120 plus texts a day have more sex than those who don't? You're kidding?

Who would have ever thought that teens who spend more time maintaining their social relationships than their peers ended up having sex more often than those who didn't?

Next you'll be shocking us with the revelation that frequent texting is inversely correlated with library card use and Quiz Bowl participation.

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