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In a nutshell, it won’t die because:

1) SilkRoad and its ilk provide a service not easily gotten

2) Instantaneous money transfers for much less than a SWIFT/IBAN wire or Western Union, worldwide, so long as there’s an exchanges on both ends to transfer it to a useful currency

3) The powerful (for now, a libertarian pipe) dream of it becoming a major currency in the USA instead of the US dollar, outside the purview of the Federal Reserve bank (or banks)

These are just a few that I can think off the top of my head.

It’s a poor value store because it wildly fluctuates. I.e. if I take out a bitcoin “loan” for a car, I may end up having to sell my house to repay it 5 years down the road. It may eventually stabilize, 20-30 years down the road, with massive increase in adoption/usage and when all the bitcoins have been mined out… but that’s a long way off on the horizon. I’m not an economist, so there’s probably a small million of other factors that affect stability…. but that’s just one of the requirements before grandma and grandpa warm up to using it.

about 11 hours ago on Why won’t Bitcoin die? 1 reply

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Yep. Sin too has existed since the dawn of civilization, in the form of lust, among its many forms.

1 day ago on Apple pulls Bang With Friends hookup app from the App Store

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I stand corrected. It is available for GApps as well. Just verified it.

5 days ago on Google Play Books enables user ebook uploads, Google Drive support

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Doesn’t work on Google Apps, and that is all I use on Google, my own domain rather than GMail.

This is quite annoying … Everytime the big G releases anything, Google Apps gets the shaft for at least another month to two or more.

7 days ago on Google Play Books enables user ebook uploads, Google Drive support 3 replies

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I’d prefer they buy Verizon for I think their coverage is better than AT&T’s (not sure to what extent, but that’s the “rumor”). It could be a double boon – both on the FTTH end as well as wireless, i.e. unlocked, SIM-based phones all through, a real “any app/any device” wireless infrastructure instead of the faux promise that Verizon’s Lowell McAdam made a few years ago. Wasn’t really clear what he or anyone else meant by the “any app/any device” transformation but it isn’t what I or many others expected…..

7 days ago on Google turns the Samsung Galaxy S4 into a Nexus phone, coming June 26th for $649

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don’t buy this – hold out for the next Nexus/Motorola phone w/the latest CPU/increased RAM and good battery power. 2600 mah on the S4 isn’t enough for a CPU hog like that. You need 3300 mah or better in these power hungry babies…. Personally, I am tired of not being able to have a phone I can run through on a single charge for at least 48 hours on moderate use. I am not upgrading until I see a phone that can take that kind of heat…

8 days ago on Verizon pushes up Samsung Galaxy S4 release date to May 23rd 1 reply

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If overseas carrier buy their wireless equipment from US or European, i.e. Westernized countries where stolen ESNs aren’t activated, then burn this logic in the wireless infrastructure such that you cannot activate stolen phones even overseas. Make it super difficult to change this, and hopefully that should decrease theft. Changing a phone’s ESN is next to impossible for the average layperson without resources and/or inside knowledge….

8 days ago on New York requests help from Apple, Google, Microsoft, and Samsung to stop smartphone thefts

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This is probably going to sound really lame, outmoded and cliche to anyone who is single, never been married or divorced, never had an abortion, never been addicted to sexual acting out due to depression or childhood trauma or whatever instigated it…. but playing around with sex, outside of a committed, loving marriage where both partners are surrendered to each other and committed for life…. is like playing with fire. It will get you burned. The consequences of casual sex or worse, infidelity, are far far far greater and far reaching than one can even begin to calculate.

Feel free to hate on this post.

8 days ago on Forget sex: how the idea behind Bang with Friends could revolutionize social interaction 1 reply

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Correction – it is not Bitcoin’s creator, rather – “creators”. And who cares whom they are? They set their creation free and it took off.

16 days ago on Four years and $100 million later, Bitcoin’s mysterious creator remains anonymous 1 reply 2 recommends

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You said you won’t do everything in your power – who will then? I understand if you didnt for me – but for your brother?

22 days ago on Drugs, porn, and counterfeits: the market for illegal goods is booming online 1 reply

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Here you go – http://www.covenanteyes.com/science-of-porn-addiction-ebook/

Hope it makes sense. If not, you can always choose the low road to enlightenment instead of listening to me or others who’d send you stuff like this.

22 days ago on Drugs, porn, and counterfeits: the market for illegal goods is booming online

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Why? I order my drugs through Aetna Home Delivery. I guess I get sad cause I can’t get them fast enough.

22 days ago on Drugs, porn, and counterfeits: the market for illegal goods is booming online

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exactly, when you have websites like videobox.com that can imprison you for life in the bondage of lust for $10/month….

22 days ago on Drugs, porn, and counterfeits: the market for illegal goods is booming online 1 reply

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The initial litmus test for whether something is good – if we set aside morality briefly (which isn’t possible, but I’ll amuse you) – is “if I wasn’t hiding what I’m doing from anyone, would I still be ok with doing it?”…

If the answer to that is affirmative, it’s probably pointed in the right (i.e. good) direction. Not to say you can’t have massively immoral consensus, but it’s a start.

22 days ago on Drugs, porn, and counterfeits: the market for illegal goods is booming online

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Way 2 go Nut – check out http://www.erowid.org/experiences/subs/exp_Pharms_Methylphenidate_Combinations.shtml, you’ll be acing all those exams in no time!!

22 days ago on Drugs, porn, and counterfeits: the market for illegal goods is booming online 1 recommend

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50% discount? Man, that sounds like HOT merchandise!

22 days ago on Drugs, porn, and counterfeits: the market for illegal goods is booming online

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Maybe you should sign up your mom there then, huh?

22 days ago on Drugs, porn, and counterfeits: the market for illegal goods is booming online

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Ah… SR’s self-invented morals are the pinnacle of morality!

22 days ago on Drugs, porn, and counterfeits: the market for illegal goods is booming online

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Yep… like streaking football games – why shouldn’t I be able to do that?

22 days ago on Drugs, porn, and counterfeits: the market for illegal goods is booming online

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Yep… if your girlfriend wanted to have sex with your best friend, she’s actually not hurting you, she’s just enjoying herself. I don’t find that particular kind of mindset to be wrong.

22 days ago on Drugs, porn, and counterfeits: the market for illegal goods is booming online 1 recommend

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So who then is your brother’s keeper?

22 days ago on Drugs, porn, and counterfeits: the market for illegal goods is booming online 1 reply

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yep…particularly after one takes PCP, he has an elevated sense of morality, conscientiousness, responsibility, altruism, etc.

22 days ago on Drugs, porn, and counterfeits: the market for illegal goods is booming online

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Yeah, cause the police are stupid and didn’t think of that, so if they suspected numerous shipments to a PO Box and/or possibly detect drugs, they would definitely let that one slide without stalking out whomever is picking up the mail and squeeze his balls until he sang like a canary…

Get real.

22 days ago on Drugs, porn, and counterfeits: the market for illegal goods is booming online 1 reply