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Would Linus Torvalds Please Collect His Bitcoin Tips?

timothy posted about 9 months ago | from the just-keeping-them-backed-up-on-the-internet dept.

Bitcoin 231

jfruh writes "Tip4Commit is a new service that allows anyone to link a tip for a developer to GitHub commits for open source projects. The tips are denominated in Bitcoin — and it appears that some developers aren't interested, with almost 40% of the total value tipped going uncollected. One dev who hasn't collected his $136 in tips is Linux inventor Linus Torvalds. It's not clear if the devs who aren't collecting their tips are opposed to the concept of tipping on open source projects or just don't want to deal with Bitcoin."

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Value (5, Interesting)

Joce640k (829181) | about 9 months ago | (#46109547)

$136 is an insult. I'd ignore it, too.

Re:Value (4, Insightful)

wisnoskij (1206448) | about 9 months ago | (#46109633)

And the ridiculous part is this is for Linus himself. Obvious a lot of the money goes uncollected, is sounds like most of the devs who get tips probably don't even have 5 bucks yet.

Re:Value (3, Insightful)

beltsbear (2489652) | about 9 months ago | (#46109733)

Yes, I am into Bitcoin and as long as I knew it was not going to be taken by someone else I might not rush to move it either. I might wait until it gets up to a couple hundred. This is really not a necessary Bitcoin story as we have so many others.

Re:Value (1)

Anonymous Coward | about 9 months ago | (#46109967)

I would collect. Not collecting sends a message to anyone who is considering to tip you that you're not interested. To those who say, too much effort for the small amount: Installing a Bitcoin client is a trivial effort. It only gets complicated if you want to convert Bitcoins to another currency. Defer that until you feel it's worth the trouble.

Re: Value (-1, Troll)

Anonymous Coward | about 9 months ago | (#46110231)

Don't collect. The app requires read and write permission to your github account. This includes write access to your ssh keys. In other words you will be owned if you collect.

Re: Value (1)

Anonymous Coward | about 9 months ago | (#46110719)

FUD. The app only has read access to your e-mail address.

Re:Value (2)

Desler (1608317) | about 9 months ago | (#46110373)

Not collecting sends a message to anyone who is considering to tip you that you're not interested.

And if they really aren't interested, so what? Why should anyone be obligated to care about this stupid startup? If they can't get people interested then the whole thing should simply be allowed to fail.

Re:Value (0)

Anonymous Coward | about 9 months ago | (#46110781)

Not the point. My response was to "as long as I knew it was not going to be taken by someone else I might not rush to move it either", obviously someone who would be interested.

Re:Value (4, Insightful)

gbjbaanb (229885) | about 9 months ago | (#46110205)

I guess they could implement a "not for me, pass it along to EFF or other charitable body" option on the recipient's end for those who don't care to bother with their tips.

Re:Value (5, Insightful)

Anonymous Coward | about 9 months ago | (#46109741)

All it took was $136 to get an advertisement on the front page of Slashdot and other geek news sites. Pretty good ad for a startup nobody has ever heard of.

Re:Value (4, Insightful)

Burning1 (204959) | about 9 months ago | (#46110263)

The front page of Slashdot just doesn't have the value it used to have.

Re:Value (1, Insightful)

Anonymous Coward | about 9 months ago | (#46110789)

/. missed the Digg and then the Reddit train.

Doesn't surprise me, still has teh same shitty interface more or less from the late 90s. Won't even tell me if someone replied to one of my comments without me looking manually. Doesn't display correctly on tablet/phone, can't select post display setting on said devices.

This so called tech site sucks in a lot of ways.

Re:Value (1)

hodet (620484) | about 9 months ago | (#46109871)

He probably loses money wasting time collecting that dust.

Re:Value (0)

Anonymous Coward | about 9 months ago | (#46110011)

I wouldn't consider it an insult, just not necessarily worth ones time to handle collections. Tip4Commit is pretty new and established open source projects probably have other ways to collect donations. Also, the way it works is a project has a fund users donate to and a small percentage of the fund is paid when a developer makes a commit. So, a small number of people making reasonable donations via a new service results in an insignificant amount of income per commit.

The article is what is insulting. Just because Linus is the most famous person to receive donations doesn't mean you need to call him out for this small amount of income. He may not have even signed up. I can go to Tip4Commit and tip any GitHub project I choose.

Re:Value (1)

synapse7 (1075571) | about 9 months ago | (#46110137)

Maybe it is 136 bitcoins?

Re:Value (2)

Desler (1608317) | about 9 months ago | (#46110441)

Nope they haven't even amassed 4 bitcoins in donation.

Tip4Commit supported 337 GitHub projects, for which 9,076 tips have been earned (a tip is earned when a pull request for a commit on a supported project is accepted), totaling about 3.34 (worth about $2,650 at today's Bitcoin exchange rate of $793.20).

This is just an advertisement for some no-name trying to ride Linus' coattails for publicity.

Re:Value (1)

JoeMerchant (803320) | about 9 months ago | (#46110459)

The question to me is, was this a $2 tip left 3 years ago?

I sold a copy of software for 1 bitcoin back in mid-2012, worth $5 at the time. I sold said bitcoin in mid-2013 for $125, not a bad gain, but of course I would have done 1000% better to go stand at a cash register and say "you want fries with that" for the time spent writing the software in 2012, put all the income in bitcoin and sold in late-2013 instead.

Anybody got that crystal ball thing figured out yet?

Re:Value (0)

Anonymous Coward | about 9 months ago | (#46110541)

That's like 30 cents in real money, right?

Re:Value (0)

Anonymous Coward | about 9 months ago | (#46110657)

Maybe I'm just practical, but if someone offered to hand me $136 just out of kindness I wouldn't think it was an insult, I would think it was a nice gesture and accept it with thanks. Some people can't afford to give much, some can't afford to refuse much.

$136? (2)

Anonymous Coward | about 9 months ago | (#46109567)

I think he'd be all over that if it was $136,000....

Stop making everything about Bitcoin, please.

Re:$136? (-1)

Anonymous Coward | about 9 months ago | (#46109621)

But everything is about Bitcoin. Just becuase you happen to use a legacy currency doesn't mean that Bitcoin should be ignored in the tech press.

Re:$136? (2, Funny)

Anonymous Coward | about 9 months ago | (#46109767)

Quite right, my good AC, quite right.

As I recall, Slashdot had no shortage of stories about Flooz back in the day, so it's entirely proper for them to constantly bombard us about Flooz 2.0.

Re:$136? (-1, Troll)

Arkham (10779) | about 9 months ago | (#46109999)

If a customer tried to pay me in bitcoins I'd laugh. It's got no intrinsic value (like gold or some other barter material), and it isn't accepted as payment for anything I'd want to buy. Until I can spend it at the local grocery store it's just gambling.

Re:$136? (1, Informative)

dreamchaser (49529) | about 9 months ago | (#46110033)

I'm not interested in Bitcoin either, but let's be fair. No fiat currency has any intrinsic value either. In the case of the US$, it hasn't been backed by anything of material value for a long time, since we went off the gold standard.

Re: $136? (0)

DigiShaman (671371) | about 9 months ago | (#46110179)

Bitcoin is its own worst enemy. Eventually, you'll be dealing with sovereign backed currency anyways. Why not save the hassle and deal with it exclusively to begin with? Abstracted virtual currency values are too unstable anyways. That, and anyone can create a new standard which effectively creates wide-band inflation for all of them combined.

Re: $136? (1)

Kremmy (793693) | about 9 months ago | (#46110225)

The problem with this argument is that the global economy is nothing but a gaggle of competing currencies being traded against each other, anyone can create a new standard which effectively creates wide-band inflation for all of them combined. The economy itself. Period.

Re: $136? (0)

DigiShaman (671371) | about 9 months ago | (#46110829)

Actually, developing nations are headed towards deflation. The US might not be far behind. That would definitely break our back with another recession. No question about it. (deflation worse than inflation when saddled with debt). Also, you couldn't even begin to form a new nation at the same rate you can spawn a new virtual currency online. Not even close.

Re:$136? (-1)

Anonymous Coward | about 9 months ago | (#46110253)

The US dollar is backed by the world's largest economy and the world's most well funded military. I'd say it has more intrinsic value than gold, whose only value stems from shininess and some very limited industrial uses.

Re:$136? (1)

shortscruffydave (638529) | about 9 months ago | (#46110591)

The US dollar is backed by the world's largest economy

Please remind me, how big is the national debt of the country with the world's largest economy?

Re:$136? (0)

Anonymous Coward | about 9 months ago | (#46110735)

Public debt as a percentage of GDP? 35th in the world. For example Japan's public debt as a percentage of GDP is around 215% or nearly 3 times higher than the US. Even comparing in dollars Japan's public debt is around $10.5 trillion while US public debt is just under $12 trillion.

Intrinsic? (0)

Anonymous Coward | about 9 months ago | (#46110315)

Any currency - gold, paper, bitcoin - only has as much value as you can get somebody to pay for it. Obviously paper money has the greatest potential to be abused, but it has no less 'intrinsic' value than a shiny metal. If the definition of a valuable currency is natural scarcity, then bitcoin is every bit as good as gold. But don't mistake that for intrinsic value; there are plenty of rare things that are worthless. Just because gold is desirable today doesn't mean it will be tomorrow.

Re:$136? (1)

aliquis (678370) | about 9 months ago | (#46110117)

I think he'd be all over that if it was $136,000....

Thankfully he's finish!
http://en.wikipedia.org/wiki/D... [wikipedia.org]

Nah. (5, Insightful)

WizardFusion (989563) | about 9 months ago | (#46109571)

I would think that "... just don't want to deal with Bitcoin" is spot on. For the small amount of money they will be getting, it's not worth the time.

Re:Nah. (1, Insightful)

Anonymous Coward | about 9 months ago | (#46110143)

"Didn't know people sent money to that thing" is another.

Re:Nah. (1)

Attila Dimedici (1036002) | about 9 months ago | (#46110335)

And/or were unaware that the money was there.

Linus' time (1)

Anonymous Coward | about 9 months ago | (#46109575)

Linus' time iss probably worth more than the time it takes to set up an account with an exchange, fiddle with bank numbers, and link everything up in your life to handle that bitcoin wallet than $136 allows.

Re:Linus' time (1)

inasity_rules (1110095) | about 9 months ago | (#46109583)

$136 in 30 days or so? Could add up to quite a tidy sum over time...

Re:Linus' time (1)

NeverWorker1 (1686452) | about 9 months ago | (#46109677)

You mean $1,600/yr? And that's assuming that $136 is not just from the launch-hype but can be expected to continue on trend.

Re:Linus' time (0)

Anonymous Coward | about 9 months ago | (#46109775)

$136 in 30 days or so? Could add up to quite a tidy sum over time...

$1632/year? (those extra $32 could buy a few pizzas) Or are we speculating that Bitcoin could be worth 106x more in the future? Or it could be worthless later today before you managed to get it cashed out.

Re:Linus' time (1)

inasity_rules (1110095) | about 9 months ago | (#46109865)

It isn't big money nor is it a primary source of income, but it may be worth the time. $136 is easily beer money for a month, depending where you live. Or it could be redirected to his favourite charity. Either way, why not?

Re:Linus' time (2)

radiumsoup (741987) | about 9 months ago | (#46109727)

you're assuming he *has* to convert to dollars. It should be obvious that he could simply keep the bitcoin. Takes 2 minutes or less to start up an online wallet, which would be perfectly acceptable for a 1 bitcoin balance.

Re:Linus' time (1)

Anonymous Coward | about 9 months ago | (#46109909)

you're assuming he *has* to convert to dollars. It should be obvious that he could simply keep the bitcoin. Takes 2 minutes or less to start up an online wallet, which would be perfectly acceptable for a 1 bitcoin balance.

Maintenance costs are far more than two minutes. For goodness sake, even downloading and installing a wallet, and education on how to use it and store it securely takes more than two minutes.

Plus, a mere $100 or so isn't one bitcoin, so now your into knowledge of fractional bitcoins, which leads to learning about exchanges, etc.

And then once you consider it a currency, then you need to know it's non-currency characteristics, the various new types of investing risk, the deflationary issues, etc. Personally, those risks are what made me laugh at the idea it could be used as currency, but one needs to learn them if dealing with bitcoins.

Two minutes, you're obviously only kidding yourself.

Re: Linus' time (1)

tom229 (1640685) | about 9 months ago | (#46110067)

I'm not sure why you'd have to be a bitcoin enthusiast and economics critic to cash out 0.136btc. You could download the Android wallet in about 20 seconds, give your address to the website to cash out, and you're done. The real problem for Linus is probably "why bother?". It's not like he can use bitcoin to pick up milk on the way home.

Re:Linus' time (0)

Anonymous Coward | about 9 months ago | (#46110073)

You obviously can't read. As the parent AC quite rightly said, it would take two minutes to sign up for an online wallet and transfer the bitcoins into it. The other stuff you're talking about would take more time, but you don't need to do that to simply collect the tips.

Re:Linus' time (0)

QuasiSteve (2042606) | about 9 months ago | (#46110187)

I went through the process. I stopwatched myself.

1. Go to the website (5 seconds)
2. Find the Sign in link (5 seconds)
3. Realize this takes you to github, which asks you if you want to authorize them, read what they want to access and why (e-mail address... fine, whatever, it's in the git repo anyway) (maybe 15 seconds)
4. Get automatically back to the site, says I have no balance, click on that (5 seconds)
5. States my balance, the text "You will get your money when your balance hits the threshold of 0.00100000 Éf", and has a field titled "Your bitcoin address" followed by an 'update' button. Stare at that (for another 15 seconds).
6. Pretend I'm a noob and go google "generate bitcoin address" (5 seconds)
7. oh hey, gets me to https://www.bitaddress.org/ [bitaddress.org] . Visit that, read all the fluff there about it being a pure javascript address generator, etc. etc. Disregard that people will tell me I'm an idiot for using it online because really I don't give a damn and just want to set it up so that the tips go someplace other than into their pockets.
8. wiggle mouse and all that (30 seconds)
9. whoa, funky QR codes, here's a bit of reading. Okay, wait, no, one's the address and the other is a private key. I'm sure the latter is important, so I'll just copy/paste that somewhere and then clear the clipboard, and then copy/paste the address to the site. ( 15 seconds )
10. paste to the site, click update.. done. (5 seconds)
11. There is no 11.
12. What about maintenance time? There are no maintenance time costs. Let it collect, keep the private key around, lose it, maybe think twice and decide to look up the bitcoin address of favorite charity and drop that in there instead, who cares, it's all over and done with.. at least until the site starts spamming you or something.

100 seconds, just under two minutes. Okay, so I'm not entirely a noob and maybe other people will read the pages a little more closely. Say it takes them 5 minutes, 10 minutes, 15 minutes - that's still all it takes. Sure, if you get paid $500/hr and go by the logic that 15 minutes of your time is $250 so $100 in tips gets you a net loss, that seems unwise. Of course if you spend 15 minutes on a coffeebreak where you usually just zone out anyway, using a modicum of energy for the task won't hurt.

Then if at any point in the future you want to worry about getting that Bitcoin out to fiat (if you kept your own address in there), you can worry about it then. And even that doesn't require you to do much.. just find a store that accepts Bitcoins or exhanges them for gift cards, follow the steps, and ignore it again until the next time. Okay, sure, you shouldn't keep using that address once you've spent from it, but that's technical details you don't necessarily have to worry about if you don't want to.

I certainly don't know the ins and outs of the financial markets, stock market, brokerages, etc. etc. etc., but if somebody gives me a tip I don't really need to know those things.. I'll just spend it on a coffee instead. Looks like Linus could spend it on many coffees. Or set up a charity's address. Or let it rot. Or not - his choice, but certainly not one that he would have to spend days researching things for.

Re:Linus' time (1)

Kremmy (793693) | about 9 months ago | (#46110309)

6. Pretend I'm a noob and go google "generate bitcoin address" (5 seconds)

You made it a little too obvious that you're just pretending to be a noob. what's generate?

Re:Linus' time (1)

JoeMerchant (803320) | about 9 months ago | (#46110513)

It takes a couple hours of "brain time" to go from not understanding bitcoin to having a functional account that you trust.

I don't blame Linus if he'd rather spend his free time re-watching Ender's Game on DVD instead of figuring out bitcoin so he can (maybe) claim the price of a nice dinner for two in Portland / Helsinki.

Appreciation? (0)

Anonymous Coward | about 9 months ago | (#46109587)

Let the tips gain in real-world value in someone else's wallet?

136 dollars? (4, Insightful)

Kardos (1348077) | about 9 months ago | (#46109603)

A morning's worth of developer wages collected over half a year? Plus it's not money, the effort to get that converted into money is probably more than a morning. Why bother?

Re:136 dollars? (1)

Voltara (6334) | about 9 months ago | (#46110025)

Not to mention the hassle of claiming those bitcoin tips as income, when it's not exactly clear yet [thehill.com] how to do that properly.

Re:136 dollars? (1)

tompaulco (629533) | about 9 months ago | (#46110193)

I would think like anything else, you claim them as income when you convert them to whatever currency your taxing authority does business in. I don't know of any government that has decided to tax them as assets yet, and they don't accept bitcoin, you can't tax it until it is converted to the currency they accept..

Re:136 dollars? (1)

danlip (737336) | about 9 months ago | (#46110777)

I don't think that is true. The US government won't accept tax payments in Euros either, but if someone pays me in Euros you can be damn sure they will want me to pay taxes on it even if I haven't converted it.

Robotic News (5, Insightful)

bradgoodman (964302) | about 9 months ago | (#46109615)

Just because it has the keywords "Bitcoin" and "Linus Torvalds" in the headline - it doesn't really mean its "news".

Re:Robotic News (4, Funny)

Kjella (173770) | about 9 months ago | (#46109655)

Just because it has the keywords "Bitcoin" and "Linus Torvalds" in the headline - it doesn't really mean its "news".

Oh, they seem happy enough to publish anything wtih a 50% hit rate on that. And I'm stupid enough to click the 2342564354th Bitcoin story and leave a comment, so shame on me.

Re:Robotic News (0)

Anonymous Coward | about 9 months ago | (#46110427)

And I'm stupid enough to click the 2342564354th Bitcoin story and leave a comment, so shame on me.

But you weren't stupid enough to leave a Bitcoin tip for the story, right? I've heard from somewhere that nobody likes those.

Re:Robotic News (0)

Anonymous Coward | about 9 months ago | (#46110783)

Just because it has the keywords "Bitcoin" and "Linus Torvalds" in the headline - it doesn't really mean its "news".

Oh, they seem happy enough to publish anything wtih a 50% hit rate on that. And I'm stupid enough to click the 2342564354th Bitcoin story and leave a comment, so shame on me.

Assuming one Bitcoin story every second, 2342564354 seconds is well before the epoch and I don't think they had Bitcoin way back then.

Re:Robotic News (1)

Anonymous Coward | about 9 months ago | (#46109747)

ITWorld clickbait submitted by the article author and mindlessly frontpaged by timothy. Move along...

Re:Robotic News (1)

aliquis (678370) | about 9 months ago | (#46109867)

But the bitcoins was "for nerds."

Re:Robotic News (2)

AthanasiusKircher (1333179) | about 9 months ago | (#46110057)

Just because it has the keywords "Bitcoin" and "Linus Torvalds" in the headline - it doesn't really mean its "news".

Personally, I've been finding lately that if it has the word "Bitcoin" in the headline, chances are that it's actually "anti-news" -- it actually sucks away collective "news-worthiness" from any site it appears on.

In all seriousness, the Slashdot editors and a lot of people around here must be invested in Bitcoin and banking on all the speculation going on. The strongest correlation to Bitcoin's value seems to be the amount of media attention it receives. The daily Bitcoin story here is getting ridiculous.

So you know what? I'm taking the Slashdot pledge -- from this day forward, I refuse to click on any story with "Bitcoin" in the headline. I refuse to comment.

I'm tired of debating with folks who have little clue about how currency works. I'm tired of debating with gold fanatics, or people who bizarrely think that deflation is a good thing. I'm tired of all the stupid arguments about exactly what sort of analogy is adequate to describe the kind of finance scheme is driving the value of cryptocurrencies -- Ponzi schemes, multi-level marketing, pump-and-dump, whatever. Followed, inevitably, by Wikipedia links describing all the details of various financial schemes, and why Bitcoin is none of them. What the heck cares?

Look, you guys want to invest in Bitcoin? Go ahead. Believe it will save the world or allow you to have your privacy or whatever. Maybe it will -- in like five or ten years or something. Maybe.

For now, it's just another speculative venture. You could just as well be debating the value of investing in any one of hundreds of companies or natural resources or commodities or whatever. What the heck makes Bitcoin so freakin' special? (And please, PLEASE -- don't answer that rhetorical question. I've heard a thousand variations on the answers.)

Come on, folks -- take the Bitcoin pledge with me! Save Slashdot from this nonsense.

Re:Robotic News (1)

Kremmy (793693) | about 9 months ago | (#46110435)

The problem is that all the arguments apply equally well to currency in general. The arguments are basically reinforcing that Bitcoin is in fact a currency like any other. There's not going to be any way around that no matter how blue in the face you get.

bitcoins... (2, Interesting)

mythix (2589549) | about 9 months ago | (#46109617)

lol...

that's all.

spam (0)

Anonymous Coward | about 9 months ago | (#46109627)

is it possible to block bitcoin spam from slashdot?

Re:spam (1)

beltsbear (2489652) | about 9 months ago | (#46109771)

Yes. When you see the story that says Bitcoin on the title, do not click on it.

I feel the same way about all of these gun related stories as you do about the Bitcoin ones but it is no big deal. Just ignore them. It is not like SPAM in your email box that might cause a phone notification or fill up your inbox. Slashdot is no your inbox.

Genius (4, Insightful)

Spad (470073) | about 9 months ago | (#46109641)

"I know, let's set up a tip service that's totally unrelated to what you're tipping for, has no input from the people you're tipping and provides the tips in a currency that half the recipients either won't want or don't care about"

Re:Genius (1)

pla (258480) | about 9 months ago | (#46109991)

"I know, let's set up a tip service that's totally unrelated to what you're tipping for, has no input from the people you're tipping and provides the tips in a currency that half the recipients either won't want or don't care about"

If only people from your local area want to tip you - Great! You have it absolutely right, just do it in the local currency.

Not too many people want to pay their bank's BS foreign exchange fees to leave (the equivalent of) a dollar in the tip jar, though, nor do most people want to get tips in 27 different currencies.

BitCoin makes a nice compromise that eliminates most of the problems of dealing with a global market that old-school government-issued currencies and their authorized middle-men just can't compete with.

That said, others have already pointed out the biggest problem here... $136 for the single biggest name in Open Source (even before RMS, I dare say)??? Just... Wow. I wouldn't bother giving out my contact info to collect such a pittance either.

Re:Genius (2)

nine-times (778537) | about 9 months ago | (#46110065)

That said, others have already pointed out the biggest problem here... $136 for the single biggest name in Open Source (even before RMS, I dare say)??? Just... Wow. I wouldn't bother giving out my contact info to collect such a pittance either.

On the other hand, it's a relatively new kind of transaction provided with a "currency" associated with illegal activity and scam artists. If I got some sort of notification by email informing me that I'd received $136 and I could collect it in bitcoins by signing up to some service-- well, I'd hope that email would be filtered out as spam before I ever saw it.

That doesn't mean it's a completely terrible idea.

Re:Genius (0)

Anonymous Coward | about 9 months ago | (#46110141)

I'd like to get tips in 27 different currencies (cash). I still have a bank note in my wallet from Yugoslavia with a picture of Nikola Tesla on it. I was told it's worth enough to get a blow job when it was given to me, but I've never been to Yugoslavia.

Some developers don't know (5, Interesting)

Chemisor (97276) | about 9 months ago | (#46109643)

Gee, a service I have never heard of before is saying that maybe I have a valuable stash of bitcoins given to me by grateful users of my OSS project and that for a small fee they would be happy to liberate it for me for a tidy profit. Where have I heard this before?

Re:Some developers don't know (1)

zoomshorts (137587) | about 9 months ago | (#46109929)

Nigeria perhaps? :P

Re:Some developers don't know (4, Funny)

Anonymous Coward | about 9 months ago | (#46109981)

Frankly I had no idea I was related to so many foreign princes!

Re: Some developers don't know (5, Informative)

Anonymous Coward | about 9 months ago | (#46110089)

To claim the rewards you need to give the app rights to read and write your github profile, including writing email address and ssh keys. The app claims this is just so they can see your email, but this is available from the commit anyways. Seems like a big scam to me.

Re:Some developers don't know (0)

Anonymous Coward | about 9 months ago | (#46110521)

Forward this to 5 other developers, and Bill Gates will personally fund your project for $10,000!

dark matters 6teen the missing monkey hymens (-1)

Anonymous Coward | about 9 months ago | (#46109691)

in some countries no hymen = no wedding,, no head so on. how have the monkeys avoided being punished? or have they?

kudos mr. linus you helped change everything

check it out (-1)

Anonymous Coward | about 9 months ago | (#46109899)

still who knows really? the monkeys know? https://search.yahoo.com/search;_ylt=A2KK_azpZOpSsdMAljmbvZx4?p=hymen+origin&toggle=1&cop=mss&ei=UTF-8&fr=yfp-t-901 yikes almighty i mean egads

Slashdot only allows anonymous users to post 10 times per day (more or less, depending on moderation). A user from your IP has already shared his or her thoughts with us that many times. Take a breather, and come back and see us in 24 hours or so. If you think this is unfair get over yourself

Not worth the potential legal problems (1)

Anonymous Coward | about 9 months ago | (#46109705)

136 bucks to potentially get some special attention from the US government, sponsored by Microsoft and Apple? No thanks.

Re:Not worth the potential legal problems (1)

gnasher719 (869701) | about 9 months ago | (#46110505)

136 bucks to potentially get some special attention from the US government, sponsored by Microsoft and Apple? No thanks.

Please explain why Microsoft and Apple would do anything to harass Linus Torvalds?

$136 is nothing to Linus (0)

Anonymous Coward | about 9 months ago | (#46109761)

It'd be like people wondering why I don't go around picking up pennies.

Comflict free Bitcoins? (0)

Anonymous Coward | about 9 months ago | (#46109795)

Perhaps its the controversy.. and they would prefer to not be associated with it, or above the fray.

Wow I really... (-1)

Anonymous Coward | about 9 months ago | (#46109915)

HATE DICE!

Re:Wow I really... (-1)

Anonymous Coward | about 9 months ago | (#46110579)

HATE DICE!

That's OK. Just go to the Roulette, then.

Unicorn Horns! (4, Insightful)

rockmuelle (575982) | about 9 months ago | (#46109965)

Why aren't /. readers collecting the virtual unicorn horns I left for them on my website?? Don't they appreciate the gesture and realize the value they're leaving on the table??

Re:Unicorn Horns! (0)

Anonymous Coward | about 9 months ago | (#46110131)

Send me the URL. I will gladly display the unicorn horns on my website.

Maybe we can share links too.

Re:Unicorn Horns! (0)

Anonymous Coward | about 9 months ago | (#46110553)

I tried to collect my free virtual unicorn horns but after entering my email, SSN, credit card details and Wifi password it asked for my real name WTFD?

what's the address? (2)

Janek Kozicki (722688) | about 9 months ago | (#46110087)

give a link to this friggin' BTC address, for example on blockchain.info (that's the only interesting piece of information here), apart from that it's a joke news.

Copyright infringement. (-1, Flamebait)

ZombieBraintrust (1685608) | about 9 months ago | (#46110103)

If Tip4Commit is taking a cut then they should be sued. Reminds me of those sketchy sites that collected money on behalf of wecomic artists. Artists never collected money on those sites as well. I would not be surprised if it was the same people doing the same scam.

Re:Copyright infringement. (1)

ortholattice (175065) | about 9 months ago | (#46110543)

I don't see what this has to do with "copyright infringement". Anyway, from what I could tell, Tip4Commit takes a 5% cut.

Re:Copyright infringement. (0)

Anonymous Coward | about 9 months ago | (#46110615)

They are paying out 1% of the remaining funds per commit. It takes 69 commits to get a payout of 50%. Double that for a payout of 75%. So while they take 5% permanently, they'll be holding to quite a lot more for quite a long time. Not every project has the commit churn of Linux.

"Stuff that matters" (0)

Anonymous Coward | about 9 months ago | (#46110107)

Is this it?

Service not included (0)

Anonymous Coward | about 9 months ago | (#46110151)

Hi, I'm Linus, I'll be your committer for tonight.

Perhaps he ignores it for some tax or legal reason (2)

Kaptain Kruton (854928) | about 9 months ago | (#46110245)

I don't know much about tax laws and financial laws other than they can often be complex and confusing. I suspect the complexity grows substantially with non-profit organizations (such the Linux Foundation, in which Torvalds is a key person). Perhaps by accepting tips for what is essentially his job, he is opening up a can of worms that he doesn't want to touch.

That is just wild speculation, though.

Maybe it's the taxes (0)

DoofusOfDeath (636671) | about 9 months ago | (#46110265)

It's well-known that the U.S. tax code is bat-shit insanely complex.

If he's not already using an account, he'd probably need to hire one just to figure out how he's supposed to disclose that $136 in his federal and state taxes.

Given that accountants aren't free, and finding a decent one takes times, it's probably just not worth it.

Re:Maybe it's the taxes (2)

jandrese (485) | about 9 months ago | (#46110471)

The government doesn't care about a random $136, but if you really wanted to report it you would put it as gift income. If you started making real money with this then it would be an issue, but this is way down in the noise.

Payout: 1% per commit (2, Interesting)

Anonymous Coward | about 9 months ago | (#46110311)

So if you give any donation, it takes 69 commits before even half of your donation is distributed. And then another 69 commits before half of the rest gets distributed.

So if you are a developer in a large, fast-moving project, you'll receive very little because it will be distributed among many people, and if you are dominating a small project, you'll receive very little because Tip4Commit will hold onto most of the donations for a very long time.

bitcoin tips (0)

Anonymous Coward | about 9 months ago | (#46110331)

Hmm: Offer a case of beer and will see if they are interested

Tourettes Torvlads (-1)

Anonymous Coward | about 9 months ago | (#46110415)

Torvalds would see this as payment to tone down his abusiveness? No wonder the potty-mouth isn't collecting them.

He REALLY shouldn't from a trade-off standpoint (1)

cloud.pt (3412475) | about 9 months ago | (#46110533)

See it from a common, millionaire person point-of-view:

Why would Linux Torvalds, a (probable) millionaire, want to share his personal information on a bleeding edge platform like Tip4Commit, or worse, share his bank information with an exchange service (that could very well be seized, go down, open bankruptcy, pose security flaws) when he wants to convert the wallet to common currency.

Re:He REALLY shouldn't from a trade-off standpoint (2)

faedle (114018) | about 9 months ago | (#46110721)

FWIW, while I'm sure Linus is living quite comfortably, and may in fact be a millionaire (which really isn't that much money these days: my parents were paper millionaires and they were a postal carrier and a government clerk.. they only were "millionaires" because the Southern California house they owned wound up being worth $600,000, plus another $400,000 combined in retirement assets), but he's not exactly living the life of a 1%er. From what I understand, he earns a respectable salary from the Linux Foundation, but not anything out-of-line for a talented software engineer in Portland.

He's not exactly shuttling around the West Hills in a limo. Unless you consider TriMet MAX (Portland's light-rail system) a limo.

Not worth his effort (1)

Modern Primate (1503803) | about 9 months ago | (#46110641)

According to some random website of potentially dubious accuracy, he makes 10 million a year and has a 150 million net worth. This is approximately how much money he makes in 7 minutes. I'm gonna go out on a limb and say that there are probably better uses of his time than the equivalent of picking a penny up off the sidewalk.

alternative explanation (0)

Anonymous Coward | about 9 months ago | (#46110673)

... Or maybe money is not necessarily the best incentive, especially to the FOSS crowd ?

Bitcoin is the currency of drug addicts (1)

Anonymous Coward | about 9 months ago | (#46110771)

It's hardly surprising Torvalds doesn't accept a "tip" that could equally likely be obtained through mining or selling drugs or illegal pornography.

Would you accept dirty money from people that preyed on others? Normal people wouldn't.

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