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Anonymous Hacks US Think Tank Stratfor

jaypifer Alert! (356 comments)

A netizen with a moral conscience! Employ remoralization agents!

more than 2 years ago
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Could Crowd-Sourced Direct Democracy Work?

jaypifer Arg (594 comments)

+1 You beat me to it.

more than 2 years ago
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Americas New CIO Wants To Disrupt Government and Make It a Startup

jaypifer Re:Hmmmm... (287 comments)

And in the case of a startup they have a limited amount of their own money with which to fail. Whereas America's CIO has an unlimited amount of someone else's money. What could go wrong?

more than 2 years ago
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Value of Bitcoin "Crashes"

jaypifer Re:Lightening Rods (709 comments)

Somebody sold it to the "speculators" at a profit, they didn't steal it. I notice nobody is so eager to blame speculators when they make money. Also, the price could drop lower should the person who drilled it share in the speculators loss?

Speculators are a tiny minority of investors. You are giving them far too much power.

more than 2 years ago
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Value of Bitcoin "Crashes"

jaypifer Lightening Rods (709 comments)

The purpose of speculators is to be scapegoats for everything that goes wrong when the rest of us buy or sell something. How else would we explain how we lose money?

more than 2 years ago
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Value of Bitcoin "Crashes"

jaypifer Modern Economic Theory (709 comments)

Ladies and gentlemen, may I present a product of our public education sytem. Two paragraphs of half-thoughts and half-truths summed up with nonsense.

There are decent criticisms of Bitcoin. You somehow missed them all with this rambling.

more than 2 years ago
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Ask Slashdot: How Do You View the Wall Street Protests?

jaypifer Re:Systems hate being anthropomorphized. (1799 comments)

This is true. In actual usage, the problems of today would be far less pronounced. For example, today if you deposit money in a bank perhaps 20% stays in the bank and the 80% goes out to be reinvested. With transparent transactions, we would know how much money was in the bank account and it would serve as a deterrent to overleverage.

Yes, I'm aware the bank could have limitless accounts and try to obfuscate the information. In practice, everyone knows the account numbers of the exchanges.

more than 2 years ago
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Ask Slashdot: How Do You View the Wall Street Protests?

jaypifer Systems hate being anthropomorphized. (1799 comments)

Systems don't make money or contribute to society. People do. The problem with the current system is that those same people are able to manipulate it without their knowledge or consent of the rest of us.

Bitcoin addresses a host of failures of the current system by making financial transactions fully transparent. There is an inability to to leverage money 50 to one like Societe Generale taking accounts to the casino. There is an inability to inflate the currency. There is no need for banks since everyone *is* a bank and can conduct global transactions anytime anywhere for free.

It's not perfect, but the current system is broken.

more than 2 years ago
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Bitcoin Is Not Anonymous

jaypifer Re:Scaaam.... (279 comments)

The total economy would theoretically be worth the ~6 million coins in existence multiplied by $13 USD or $78 million. Penny stocks are not necessarily bad companies, just companies that trade for less than $1. Any company can be a penny stock if they issue enough shares.

Bitcoin isn't necessarily puffing itself up either. It's actually a very good idea. Whether this incarnation is a flash in the pan or not only time will tell, but cryptocurrency is a permanent thing now.

more than 3 years ago
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Bitcoin Is Not Anonymous

jaypifer Re:Scaaam.... (279 comments)

Due to the (perceived?) imminent collapse of the Euro. Europe is teetering, wait until there is a real flight to safety and then gold will find it's true highs.

more than 3 years ago
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Bitcoin Is Not Anonymous

jaypifer Re:Scaaam.... (279 comments)

Everybody isn't playing. That's why you see high prices on Bitcoin as people scramble for anything else, gold and other precious metals of time proven value, other currencies and commodities and real estate. Those who keep their money in US dollar as savings are the ones gambling.

As long as you continue to believe what you do and spread the word then you can help keep prices low on things of actual value while the rest of us run like hell from debt leveraged fiat currencies.

more than 3 years ago
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Man Ordered At Gunpoint To Hand Over Phone For Recording Cops

jaypifer Re:Any laywers here? (983 comments)

No, poor pay in no way justifies lawlessness in the uniform - but if the police were actually held to the law, most of them would be in prison in short order and the people that we really want to take their place will be somewhere else, making more money and dealing with less stress.

Poor pay?? I will never understand why this misconception cannot be stamped out. That concept was true decades ago, but not today. Many Miami Police Beach Patrol Officers make well over $100K.

more than 3 years ago
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Michigan Police Could Search Cell Phones During Traffic Stops

jaypifer Re:OUTRAGEOUS cost (525 comments)

You are wrong. I've lost a case in New Jersey and never saw a paper because I was out of town. Now I could have reopened the case but I was admittedly wrong and it would have cost a little more time and money to get the same result.

The reality of getting served is not the same as you see on TV.

more than 3 years ago
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America's Tech Decline: a Reading Guide

jaypifer Re:is it just me? (611 comments)

I'll take the path of social networking, and chinese leveraged manufacturing over focused, directed, multi-front wars and future leveraged debt any day.

more than 3 years ago
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America's Tech Decline: a Reading Guide

jaypifer Re:is it just me? (611 comments)

It's not a hatred of America as much as an ignorance of capitalism. Many people can't comprehend how it works and need to subscribe to the religion of authoritarianism.

more than 3 years ago
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Personal Info of 3.5 Million Texans Was Publicly Accessible

jaypifer Hanlon's Razor (146 comments)

Never attribute to malice that which is adequately explained by stupidity.

more than 3 years ago

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