|
It's only a fraud if someone is intentionally trying to deceive you, and I think the creators/promoters of cryptocurrencies genuinely believe in what they're doing.
|
|
|
|
|
My favorite bit on bitcoin: Conan BitCoin Skit from Youtube
It Is The Absolute Verifiable Truth & Proven Fact
That Your Belly-Button Signature Ties
To Viviparous Mama.
|
|
|
|
|
From here
(sorry for caps, I c&p'd the title page)
UNIFORM REGULATION OF VIRTUAL CURRENCY
BUSINESSES ACT*
Drafted by the
NATIONAL CONFERENCE OF COMMISSIONERS
ON UNIFORM STATE LAWS
and by it
APPROVED AND RECOMMENDED FOR ENACTMENT
IN ALL THE STATES
at its
ANNUAL CONFERENCE
MEETING IN ITS ONE-HUNDRED-AND-TWENTY-SIXTH YEAR
SAN DIEGO, CALIFORNIA
JULY 14 - JULY 20, 2017
SECTION 201. LICENSE. A person may not engage in virtual currency business
activity, or hold itself out as being able to engage in virtual currency business activity, with a
resident unless the person is:
(1) licensed under this [act];
(2) licensed to conduct virtual currency business activity by a state with which this state
has a reciprocity agreement;
(3) a registrant operating in compliance with Section 210; or
(4) exempt from this [act] under Section 103.
So, you need a license, and:
“Virtual currency” means
(A) a digital representation of value that:
(1) is used as a medium of exchange, unit of account, or store of value; and
(2) is not legal tender, whether or not denominated in legal tender; and
(B) does not include:
(1) a transaction in which a merchant grants value as part of an affinity or
rewards program, which value cannot be taken from or exchanged with the merchant for legal
tender, bank credit, or virtual currency; or
(2) a digital representation of value issued by or on behalf of the publisher
and used within an online game, game platform, or family of games sold by the same publisher
or offered on the same game platform.
you can have fun with your play money as long as you don't use it for anything that can be exchanged for real money or a licensed crptocurrency, or you use it only in a game, but not between games.
So if you’re one of those futurist people that thinks they can build a better, more equitable world by creating a community based on untaxed, unregulated exchange of goods and services (think organic food growers, alternative schools, natural building materials, and magical thinking healers) with your own virtual currency, think again.
modified 13-Sep-17 21:32pm.
|
|
|
|
|
The French startup has created energy-saving distributed servers to power compute-intensive industries such as finance, research, and 3D animation. "And the heat goes on..."
|
|
|
|
|
Oracle has chosen the Eclipse Foundation to be the new home of the Java Platform Enterprise Edition (Java EE), the company announced today. I really should make a "Sun has finally been Eclipsed" joke here, but eh. Seems too easy.
|
|
|
|
|
Microsoft is continuing to tinker with the privacy configuration and options in Windows 10, with the Fall Creators Update, due for release on October 17, including yet more changes to the privacy controls above and beyond those made in the previous update. Windows has privacy settings?
Or is that "privacy" settings?
|
|
|
|
|
Kent Sharkey wrote: including yet more changes to the privacy controls above and beyond those made in the previous update. I bet the changes are to make them even more difficult to find and or to activate them (privacy)
M.D.V.
If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about?
Help me to understand what I'm saying, and I'll explain it better to you
Rating helpful answers is nice, but saying thanks can be even nicer.
|
|
|
|
|
|
Speaking at the Open Source Summit in L.A., the Linux creator said he wants hackers to join Linux before they turn to the dark side. Before they join the dark side?
|
|
|
|
|
Hard to find kernel fighter pilots.
|
|
|
|
|
Linux Kernel development should be added to Dante's Inferno.
(at least as long as linus is there)
I'd rather be phishing!
|
|
|
|
|
Always look on the dark side of life...
(Monty Python - Always Look on the Bright Side of Life)
If you have an important point to make, don't try to be subtle or clever. Use a pile driver. Hit the point once. Then come back and hit it again. Then hit it a third time - a tremendous whack.
--Winston Churchill
|
|
|
|
|
"Please join me; I've run out of people to abuse."
|
|
|
|
|
A cybersecurity firm has discovered yet another unknown vulnerability used to install government spyware. The vulnerability has now been patched. A flaw in a Word document over email? Is this new?
|
|
|
|
|
On an annual basis, research productivity is declining at a rate of about 6.8 per cent per year in the semiconductor industry. In other words, we're running out of ideas. That's the conclusion of economic researchers from Stanford University and the Massachusetts Institute of Technology. I had no idea
|
|
|
|
|
I dunno how to top that!
|
|
|
|
|
The Register wrote: In order to maintain Moore's Law – by which transistor density doubles every two years or so – it now takes 18 times as many scientists as it did in the 1970s.
That means each researcher's output today is 18 times less effective in terms of generating economic value than it was several decades ago.
Because the relationship between concept and time is clearly a linear one.
New headline: "Developers Watch in Amusement as Writers Struggle with Concepts like Tangents and Limits!"
"There are three kinds of lies: lies, damned lies and statistics."
- Benjamin Disraeli
|
|
|
|
|
The Register wrote: In order to maintain Moore's Law (by which transistor density doubles every two years or so) news relevancy and objectivity it now takes 180 times as many scientists journalists as it did in the 1970s.
That means each researcher's journalist's output today is 180 times less effective in terms of generating economic value interesting and relevant information than it was several decades ago. FTFY
M.D.V.
If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about?
Help me to understand what I'm saying, and I'll explain it better to you
Rating helpful answers is nice, but saying thanks can be even nicer.
|
|
|
|
|
Nelek wrote: That means each researcher's journalist's output today is 180 times less effective in terms of generating economic value interesting and relevant information than it was several decades ago.
Zero times a small number is still zero.
If you have an important point to make, don't try to be subtle or clever. Use a pile driver. Hit the point once. Then come back and hit it again. Then hit it a third time - a tremendous whack.
--Winston Churchill
|
|
|
|
|
The Register wrote: On an annual basis, research productivity is declining at a rate of about 6.8 per cent per year in the semiconductor industry.
... in general. Why? Because everyone has their heads in their phone.
|
|
|
|
|
BlueBorne exploit works against unpatched devices running Android, Linux, or Windows. "Don't stand so close to me"
|
|
|
|
|
Exercise is not enough to ward off the risks of sitting still for long periods of time, regular movement is needed, research shows. Just keep forgetting what you got up for - that works for me
|
|
|
|
|
What part of "sedentary lifestyle" do they not understand?
|
|
|
|
|
I work hard to maintain my sedentary lifestyle, but small bladder means I do get my walk every half hour.
TTFN - Kent
|
|
|
|
|
Let's start with the money: It was funded in part by Coca-Cola
And that’s just the beginning of the study’s problems. Up next: It didn’t actually measure sitting
Then there’s the participant data: It’s not representative—like, at all
Then there’s missing data and weak links
Those are just the subheadings. You should read the entire thing to see how awful it is.
Did you ever see history portrayed as an old man with a wise brow and pulseless heart, weighing all things in the balance of reason?
Is not rather the genius of history like an eternal, imploring maiden, full of fire, with a burning heart and flaming soul, humanly warm and humanly beautiful?
--Zachris Topelius
Training a telescope on one’s own belly button will only reveal lint. You like that? You go right on staring at it. I prefer looking at galaxies.
-- Sarah Hoyt
|
|
|
|