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raven333 commented on the blog post Homeland Security Shuts Down Bitcoin Use By Startup Company
It’s an electronic currency in which untraceable transactions can be made. I suppose you could say it democratizes one of the worst problems of the banking system–with bitcoin, everyone can make secret system-destroying transactions.
Bitcoins are generated by computation, and the amount of computation required to generate bitcoins increases over time, so the cost of generating bitcoins increases over time. The maximum number of bitcoins is fixed. It is not possible, as far as is known, to counterfeit bitcoins.
Lots more at The Bitcoin FAQ.
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raven333 commented on the blog post Homeland Security Shuts Down Bitcoin Use By Startup Company
Law and democratic government.
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raven333 commented on the blog post Homeland Security Shuts Down Bitcoin Use By Startup Company
And so you are suddenly a cipherpunk, regardless of any other effects on the world? Hunh. Well, maybe the cipherpunks will win, then.
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raven333 commented on the blog post Homeland Security Shuts Down Bitcoin Use By Startup Company
Drug money is a common way of funding insurrections. DHS is, in this, right to be concerned.
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raven333 commented on the blog post Homeland Security Shuts Down Bitcoin Use By Startup Company
Tell me again why unregulated banking is a good thing.
Have you suddenly turned into a libertarian?
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raven333 commented on the blog post Why the Politics of Obamacare Implementation Could Be Very Different From Medicare Part D
I have a friend scraping along on minimum wage who is going to be required to pay for a health plan provided by her employer. She’s already angry.
It is possible that her employer will give her and her fellow employees a break, but nothing in the law requires them to do so.
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raven333 commented on the blog post Role of Class Evident As Senate Passes Bill To End Airport Delays
The links for disabled vets and seniors seem to be missing.
“Mussolini made the planes fly on time.”
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raven333 commented on the blog post Graham, McCain, Ayotte, And King Put Out Statement To Remove Boston Bombing Suspect’s Rights
You know, these people are oath-broken.
I don’t suppose the Supreme Court would turn them out, but it’s perhaps worth remembering how serious they take (or do not take) their sworn word.
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raven333 commented on the blog post All Hell Breaks Loose in Greater Boston Area – Marathon Bombing Suspects Surrounded, Captured or Dead?
Awfully well prepared, aren’t they? Military? But which military?
And this is all guesswork, anyway.
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raven333 wrote a new diary post: Retirement Savings: A Note To The Help
If you think the money in your retirement accounts is safe, you’re wrong. We’ve already seen the savings of the middle class drained once. There’s no reason it can’t be done again; the same people are in charge. You may soon be living on a steadily decreasing Social Security payment. All you upper-middle class people [...]
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raven333 wrote a new diary post: The Grand Bargain and the Transformation of the Democrats into a Conservative Party
I think this is of a piece with the observation I made back in 2010 ; Obama “thinks that the jaw-jaw of politics is more real than the tangible results in the lives of the public.” At the time, I wrote, “it is a deeply unpopular and undemocratic way to govern.” Read the whole thing on my [...]
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raven333 commented on the blog post As Bitcoin Becomes Billion Dollar Market America Moves For Crackdown
Defending unregulated banking? Are you out of your mind?
Bitcoin and similar technologies (its not the first) are libertarian wet dreams.
Bitcoin: troll’s gold.
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raven333 commented on the blog post Sebelius Acknowledges Some Will Pay More Because of the Affordable Care Act
I have a friend who is working poor, and just barely making it. It looks like the ACA is going to require her to spend $45/month on company-provided health insurance. She is just about the Medicaid threshold, and ACA subsidized insurance is about $75/month.
Thanks, guys.
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raven333 commented on the blog post Late Late Night FDL: Duck Dodgers in the 24½th Century
Thanks for linking that–I haven’t seen it ages.
Yawawn. Just got back from a contra dance.
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raven333 commented on the diary post Joe Scarborough Carries His Deficit Rope-a-Dope to the Next Level by Dean Baker.
It looks to me like Scarborough has either taken or been given the job of discrediting Krugman.
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raven333 commented on the diary post Joe Scarborough Carries His Deficit Rope-a-Dope to the Next Level by Dean Baker.
“Then the Pharisees went and plotted to entrap him in what he said. So they sent their disciples to him, along with the Herodians, saying, ‘Teacher, we know that you are sincere, and teach the way of God in accordance with truth, and show deference to no one; for you do not regard people with [...]
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raven333 commented on the diary post New Study Finds Koch Bros. Tried to Start Tea Party Movement in 2002 by Kevin Grandia.
Never knew astroturf was made from tobacco.
Ba-da-bump!
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raven333 wrote a new diary post: danah boyd, on Grieving for Aaron Swartz and the Cooperative Internet
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raven333 commented on the blog post No Deal! House Expected To Adjourn Without Fiscal Cliff Vote
I wonder if perhaps the House Republicans will break ranks?
And if they do, what will the Senate Democrats do, when they realize what they have voted for?
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raven333 commented on the diary post WikiLeaks: Still Standing, Still Speaking Truth to Power by Center for Constitutional Rights.
I agree that telecomm monitoring is probably widespread. I knew some of the founding cypherpunks back when, so I know from personal knowledge that they were libertarian. As the cypherpunk manifesto says, “We the Cypherpunks are dedicated to building anonymous systems. We are defending our privacy with cryptography, with anonymous mail forwarding systems, with digital [...]
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