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Bitcoin Exchange Mt.Gox Suffers Serious Attack, Instawallet Offline

ThreeE Re:Is it? (388 comments)

...who hired the majority of math PhDs for several years just to look for market exploits.

The investment banks hire math PhDs to look for arbitrage opportunities and serve the valuable service of price discovery. There is no need to load this activity up with the negative connotation of "exploits."

about a year and a half ago
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Hawking Picks Physics Over God For Big Bang

ThreeE Re:But what created the law of gravity? (1328 comments)

Ridiculous. It's true, no one can prove that there are no gods. But we can say that there is as much evidence for gods as there is for the tooth fairy. In fact, there is more for the tooth fairy.

more than 4 years ago
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EVE Player Loses $1,200 Worth of Game Time In-Game

ThreeE Re:ok i'll say it (620 comments)

Someone really enjoyed blowing it up. That's value. If you don't get that, you don't get Eve.

more than 4 years ago
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Is StarCraft II Killing Graphics Cards?

ThreeE Re:Bad System Design (422 comments)

"Gamers have no idea what they're doing when they put a machine together right?"

Pretty much. If you are water cooling your desktop then you are a perfect example.

"I can buy my setup 3 times over for the price of the Mac equivalent, right?"

At least you realize you will be buying 3 systems over the life of a Mac to be equivalent.

"..and replace my hardware if it fails."

It will.

"Oh wait, you can't."

Oh wait, I can.

more than 4 years ago
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Is StarCraft II Killing Graphics Cards?

ThreeE Bad System Design (422 comments)

This is simply a case of poor system design -- not doing a thermal analysis or improper air filtering. Very common on hacked together gaming rigs. Get a Mac -- they are built right. Less neon I suppose though...

more than 4 years ago
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Israel Blocks iPad Imports, Citing Wi-Fi Transmission Regulations

ThreeE Re:Simple solution (204 comments)

What was specious or pretentious? Did I miss something?

more than 4 years ago
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Neil Armstrong Criticizes Obama's Space Strategy

ThreeE Re:So? Manned spaceflight is a now waste of lives. (508 comments)

The problem is that there are more than 437 other people just like you that have there own, different ideas of what I should have to pay $57.10/year for them to do too.

more than 4 years ago
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New MacBook Pros Launched

ThreeE Re:Still Overpriced? (411 comments)

Yeah, cause a netbook use case is so close to a MBP's.

more than 4 years ago
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New MacBook Pros Launched

ThreeE Re:Still Overpriced? (411 comments)

OK, I'm going on a trip where I won't be able to charge my laptop for about 10 hours.

more than 4 years ago
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Companies Skeptical of Commercial Space Market

ThreeE Re:10 years + $20B and someone else gets elected (192 comments)

The list is in Article 1, Section 8. Health care isn't on the list. Military spending is on the list. Manned spaceflight might be considered military spending, although I would have to agree with you that a civilian space agency is not on the list.

Why did you bring up Somalia? Limited government != no government.

more than 4 years ago
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Companies Skeptical of Commercial Space Market

ThreeE Re:10 years + $20B and someone else gets elected (192 comments)

As long as the federal taxes are being collected for purposes that are constitutional you are correct about my ability to leave. I suspect we disagree what is constitutional. Since we have a very specific list in the Constitution, I would think that would be an easy determination. Note that health care is not on the list.

Somalia is not a libertarian paradise -- again, it is lawless. Lawlessness is not a libertarian principle. I'm not a libertarian and even I know that. Taxation, even though it is coercion, is fine -- provided it is done within the limits imposed by the Constitution.

more than 4 years ago
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Companies Skeptical of Commercial Space Market

ThreeE Re:10 years + $20B and someone else gets elected (192 comments)

You again expand your point into new areas. I'll pick a few of your new topics to respond to.

Taxes are confiscation. If you don't pay them, they will be taken from you forcibly. We allow our government the monopoly of force in exchange for limited powers.

Somalia: I assume you bring this lawless state up as an example of a capitalism gone bad. Capitalism is an economic system where every exchange is consensual. Lawless Somalia is the opposite of this. So surely I must misunderstand your point.

On cost plus vs. fixed fee contracts we agree. Fixed fee contracts are better. Unfortunately, the risk is often too high for some projects to lead to any serious fixed fee bids.

more than 4 years ago
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Companies Skeptical of Commercial Space Market

ThreeE Re:10 years + $20B and someone else gets elected (192 comments)

Your original post seemed to indicate that the government has a zero cost of capital -- which is what profit pays for in private businesses. This is simply not true. The US Governments either has to print money, borrow it, or confiscate it from citizens. If they print it, the cost is paid via by devaluing our dollars. If they borrow it, we eventually pay interest. If they confiscate it, we pay for it directly. This is no different than paying the contractor profit. Profit is not evil.

Your second post changes the subject. Now you suggest a different type of contracting approach -- from cost plus to fixed fee. True, this is a different incentive, but the contractor is still making a profit. Good contractors will charge more for a fixed fee vs. cost plus contract due to the higher risk -- all other factors being equal.

The bottom line is that the government is a terribly inefficient way to do anything. They simply have no motivation to provide value -- it is always someone else's money.

more than 4 years ago

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