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Comment Electronic currency or Bitcoin? (Score 1) 210

by wubboy (#46923725) Attached to: US Government To Study Bitcoin As Possible Terrorist Threat

Been away from Slashdot for a while now, When I come back in to take a look around at the new design I see a discussion I might like to get involved with.
Let me be simple.

Unbacked fiat currency most commonly traded from plastic cards via electronic device -or- Unbacked fiat currency most commonly traded via electronic device.

Unbacked fiat currency generated by the expansion of debt in the economy -or- Unbacked fiat currency generated by mining something that you can never hold.

Unbacked fiat currency wholly owned by an unaccountable private for profit untraded anonymous company -or- Unbacked fiat currency wholly owned by only those that use the currency.

The problem is not that bitcoin exists, the problem is that bitcoin had a space to exist into.
Please tell me this is not lost on the current slashdot generation.
Government

Submission + - Court overturns Mass law banning recording of cops (universalhub.com) 1

Submitted by schwit1
schwit1 writes: In its ruling, which lets Simon Glik continue his lawsuit, the US Court of Appeals for the First Circuit in Boston said the wiretapping statute under which Glik was arrested and the seizure of his phone violated his First and Fourth Amendment rights.
Apple

Old Apple 1 Up For Auction, Expected To Go For $160,000+ 156

Posted by Soulskill from the doesn't-run-flash dept.
vanstinator was one of several readers to point out that Christie's is holding an auction for one of the original Apple 1 machines, complete with a manual, the original shipping box, and the letter from Steve Jobs to the owner. The invoice says the computer was purchased on December 7th, 1976, with an Apple cassette interface card, for a total price of $741.66. The auction house expects it to sell for over $160,000.
Image

Denver Rejects UFO Agency To Track Aliens 80

Posted by samzenpus from the name-and-galaxy-of-origin-please dept.
Republicans weren't the only ones to win big yesterday. Aliens in The Mile-High City can breathe easier thanks to voters rejecting a plan to officially track them. From the article: "The proposal defeated soundly Tuesday night would have established a commission to track extraterrestrials. It also would have allowed residents to post their observations on Denver's city Web page and report sightings." Let the anonymous probings begin!
Software

Submission + - Democracy Player is dead, long live Miro (last100.com)

Submitted by
MrSpin
MrSpin writes: "Democracy Player has relaunched today as Miro. Developed by the Participatory Culture Foundation, Miro aims to make online video "as easy as watching TV", while at the same time ensuring that the new medium remains accessible to everyone, through its support for open standards. The open-source application combines a media player and library, content guide, video search engine, as well as podcast and BitTorrent clients. But why the name change? According to last100, who have published a full review and guide to Miro: "When Democracy Player launched back in February 2006, the feedback received was that the name evoked different, yet equally negative responses. For many Americans it conjured up an image of yet another left wing media project, and to the rest of the world it was, rather bizarrely, being associated with the policies of the Bush administration. In contrast, the new name is purposely abstract.""

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