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Comment Sigh. (Score 1) 181

A problem that not one other developed country has had to deal with in years. Decades, even.

And are you seriously telling me that if the recipient AND the sender were to acknowledge that it was fraudulently cashed that the bank couldn't do anything about it? That the security is on an inked name alone? What ridiculousness. That's just awful consumer protection.

Maybe - yet again - wake up, get into the 21st century as a country, and start putting laws on the side of taxpayers and consumers rather than corporations.

Comment Re:"the most likely scenario is that it doesn't wo (Score 4, Informative) 75

the longest, most complex complex calculation ever done successfully is apparently factoring 29 with a specialized algorithm for 29.

Shor's algorithm has been used to factor 21, not 29. 29 is prime, and people don't usually talk about factoring primes because the factors are trivial. But otherwise, yes.

Comment Re:Crime details (Score 1) 72

He's also going to have to pay that money back, have all his assets seized to do so (proceeds of crime), and then the tax man is going to be asking "Hey, you earned £2m, right? Where's the tax on that?"

Now that he's been jailed, they have years to unpick it all, file additional charges, seize everything he owned, even take any "gifts" that he gave to friends and family, and build a case for tax fraud to jail him further.

Comment Re:And it gets worse! (Score 2) 231

Government intervention in international currency markets is "capitalism"? Since when, and by what definition? Wikipedia says "Capitalism is an economic system based on the private ownership of the means of production and its use for the purpose of obtaining profit", which on the surface neither implies nor aligns with the Chinese government controlling the CNY-USD exchange rate.

Comment Re:Justice delayed is justice denied (Score 4, Interesting) 65

You need to read The Secret Barrister novels, written by a real criminal-law barrister.

The UK courts are an absolute mess of chaos, that's not the lawyer's or the judges fault.

You would think that with a former-lawyer as the prime minister now it would get sorted, but they've made only token changes to an absolutely nonsensical court-appointment system that operates largely on constant fire-fighting and ill-preparedness and throwing lawyers to the wolves making them run from case to case with little to no preparation or warning.

It's continued because "that's how it's always been done" but the court system outgrew the capacity decades ago.

Comment Re:Destroy Them (Score 1) 67

First, they came for the uninsured... Slippery slope. You did not have the foresight to understand your role. I mean, really, you were setting up surveillance. Was it your job to care what they did with it? Well, yes. Hand a lighter to a child and it is your fault he burns the world.

Comment Re:What I'm reading (Score 1) 50

People don't pay capital depreciation. It's a bookkeeping technique to reflect that durable capital assets don't last forever. People pay for the assets up front. Capital depreciation decreases the book (=accounting fiction) value of the asset and spreads the tax deduction for the purchase expense over the same time.

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