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Comment Re:Good for greece (Score 1) 1307

One size doesn't fit all, so it should come as no surprise that a currency made for industrial nations doesn't work so well for a tourist economy.

What? Do you mean a tourist economy somehow *needs* to have an inflationary currency? Please explain why.

Comment Re:"everyone from PayPal merchants to Rand Paul" (Score 1) 67

Indeed. We have been inadequately teaching economics. Fiat money is mostly backed by a debt of the same amount. For every $ I have at the bank, somebody owes 1$ to the bank. So, my money at the bank is as "real" as the debt backing it. I trust that my bank will be able to recover the value of an unpaid debt, and this is the reason why our banking system mostly works. By contrast, the value of 1 BTC is backed by nothing, because nobody "owes" me its value, and that's the reason its value may be $500 one day and $1000 another day. Calling this "money" is a joke.

Comment Re:Told you so (Score 4, Insightful) 106

Euro, is very spendable, mostly stable.

Then you've never watched it's 25%+ fluctuations up and down over the last 10 years.

You can't measure the stability of a currency just by comparing it to your own currency. If we followed that line of reasoning, the only stable currency to you would be one which is pegged to the US Dollar. The price of one Euro fluctuates if you measure it in Dollars, yes, but that does not speak against the stability of the Euro more than it does against the stability of the Dollar.

Comment Re:Stability is needed (Score 1) 267

Nobody can enforce the value of anything. At most, central banks have the power to avoid their own money to be overvalued, by using the printing press and selling their own money in the market. But this is just a one-way power that does not work in the opposite direction: If the market decides that your currency is not worth what is worth, you will run out of dollars (or whatever foreign money you have) trying to buy your own currency to "sustain" it before you can convince the market otherwise. As bitcoin does not have a central bank, and more importantly, bitcoin is not a fiat currency that you can make out of thin air, your idea of "buy and sell bitcoins" is fatally flawed.

Submission + - Contrary to what you've heard, Android is almost impenetrable to malware (

smaxp writes: Until now, Google hasn’t talked about malware on Android because it did not have the data or analytic platform to back its security claims. But that changed dramatically today when Google’s Android Security chief Adrian Ludwig reported data showing that less than an estimated 0.001% of app installations on Android are able to evade the system’s multi-layered defenses and cause harm to users. Android, built on an open innovation model, has quietly resisted the locked down, total control model spawned by decades of Windows malware. Ludwig spoke today at the Virus Bulletin conference in Berlin because he has the data to dispute the claims of pervasive Android malware threats.

Comment Re:The most important question (Score 3, Informative) 323

I see dropbox still tries to mislead people into thinking their client is Free (and according to you, succeeds in it). Their website weasels around the subject but the truth is that only the small piece that integrates with the file manager is open source and the actual client is not.

Exactly. This is from the nautilus-dropbox Debian package available in non-free:

Installing this package will download the proprietary dropbox binary from

That's far from being free software, unfortunately.

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