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Comment Re:Reverse logic (Score 3, Informative) 641

The point he is making is that the vastly most common outcome of most bad decisions is.... nothing at all. It doesn't make it a good thing. But it does explain why it is so common.

Drive drunk? Probably nothing will happen.
Don't buy insurance? Your house probably won't burn down.
Eat uncooked meat? You probably won't get sick.

Comment Re:Only difficult because computer users are idiot (Score 2) 216

When the standards for eliptic curve signatures were being developed, the NSA, in response to the submission recommended (without, I believe, much explanation) a slight different set of constants used to define the curves, and those recommendations made it into the standard.

Did they suggest the new constants, because they knew the initially proposed ones had weaknesses? Or because the ones they suggested had properties that would allow the NSA to break those signatures?

Comment Re:Seriously? (Score 1) 153

Yes, computer security is hard. If you don't securely store your keys, you could lose them. If you don't hold your keys at all, and trust an online company to hold them, you could lose them. Neither of which is the fault of Bitcoin.

And if you add up all the losses due to corporate failures like Gox, et al, you'll get a total that is probably rounding error compared against the frauds committed in dollars for the same period.

Bitcoin isn't risk free, but nothing is.

Comment Re:Steam/Valve are not accepting Bitcoin (Score 2, Informative) 54

Well, I hate to break this to you, but Steam isn't accepting your "actual money", either.

Your bank will provide a service (for a fee) of taking your "actual money" and provides another service (for a fee) of turning that money into an electronic ledger entry that Paypal (or Mastercard or Visa) accept and then they will provide yet another another service (for another fee) of taking that electronic ledger entry, and giving it to Valve.

Cash for internet purchases virtually never happens. One or more intermediaries are always involved. Virtual dollars and virtual bitcoins each have their pros and cons.

Comment So, anyone remember where AOL came from? (Score 1) 99

The internet started to get popular, but Big Money didn't like the lack of control or some of the shadier practices that went on there.

So America OnLine (among others) was created, and aggressively sold to consumers. And it provided "internet". Sort of. It was a very walled garden. But you did start seeing "AOL Keyword: MOVIE TITLE" and such in advertising and on TV. In the long term, how well did that work out?

Yes, AOL still (technically) exists, but it is not the walled garden it used to be. It's now a pretty standard (if large) ISP. Providing access to the big, bad internet it was meant to replace.

s/Internet/Private Blockchain/g

Comment Re:Why? (Score 4, Interesting) 161

I've got a green laser. It's cool to shine it outside at night, because it creates a very visible beam.

It's also very tempting to shine it at things, to see how far away I can see a reflection. Aircraft a certainly a tempting target, being both moving and fairly far away.

I haven't and won't, because I understand the potential risk, but I do understand the temptation. And there are a lot of stupid people out there.

Comment Re:Buy an rf jammer, become a drone collector (Score 3, Informative) 1197

Nice line for a laugh, but this actually won't work.

GPS chips are cheap, and most of the drones beyond the very basic level have them. In the event of loss of signal (And it's a digital, frequency hopping signal that you *might* be able to jam, but you won't be able to take over.) most multicopters will ascend to ~100 feet, fly slowly to their launch point, then slowly land.

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