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nodesocket? Let me see your real Internet ID.

Yes, you pay less in taxes because your expenses are higher and now have less profit to be taxed.

How the Fed interacts with the economy, I don't think is too different from any other speculator in the market. They just look at different charts, have more degrees, and have greater propensity for groupthink.

> That means we have massive amounts of capital available to invest in new endeavors. It explains why interest rates are low and there is fairly little that central banks can do about it unless they figure out a way to dramatically reduce investable capital – they can certainly shorten their balance sheets but even that impact is likely to relatively small in the overall scheme of things (eg US Fed about $3 Trillion).

I'll never understand this line of reasoning. It's completely backwards. Does anyone really think it'd be so easy to borrow money for consumer goods with suspect credit or outlandish business ideas without central banks pumping liquidity into the economy? Anyone looked into savings rates lately? You know, where natural capital formation occurs?

Seriously? no sense of humor...

How can hackers profit from endorsement deals like this? If any software or hardware marketers are interested, please get in touch.

I think you missed the issue. It's not about individuals - it's a systemic problem.

Pretty sure the typical tech grad (or any grad) has a negative net worth.

> Artificially shortening the lifespan of a product isn't profitable because of the hit the manufacturer takes to its reputation.

Isn't this exactly what Apple does with its chargers all the time? They change them in the slightest manner in newer generations, so the older generation charger doesn't work with it. I don't think there is an actual legitimate reason to do this - such as improved design or functionality. It doesn't seem to hurt Apple at all though, their hardware is still top notch and above and beyond its competitors.

I feel bad for older folks who are less capable/willing to adopt newer technology. Give the grandparents a hand, eh?

What you are talking about is the idea of sacrificing quality for cost in a sensible manner, so you aren't creating unnecessary cost beyond a needed lifespan. But that's not planned obsolescence.

Planned obsolescence is when you artificially shorten the lifespan of something in order to increase the sales of the product or the next generation of the product in order to generate more revenue.

If there ever was a reason to work on smart property, here it is.

Sounds like Bitcoinica (https://en.bitcoin.it/wiki/Bitcoinica)

I'm not quite sure I understand what you are saying here. I don't think anyone is saying that you need to understand all the underlying code, but this is just something you should be aware of as you are building network-connected applications. Just like a web developer needs to be aware of CSRF, XSS, etc. Every language that I know of short-circuits string comparisons like this. You should know that you need to seek out a constant-time compare though when comparing hashes or other secrets.

Your sleep hack is probably less secure. I remember reading somewhere that doing random sleep() calls is flawed and doesn't completely mitigate the attack, but does increase the number of requests needed to get a good statistical analysis.

If you're changing a user's password to revoke access with Google Apps, you're doing it wrong.

Google Apps gives you two options to revoke access: suspending a user and deleting a user. If you suspend a user, you can later re-enable that user. In the event of firing an employee, you probably want to go ahead right away and delete the user - upon doing so you will be prompted to transfer any data to another user.

Edit: Perhaps, they should add a checkbox to revoke application-specific passwords in the change password interface.

how much overlap is there with BitPay's Bitcore? I do believe both projects originated from Stefan Thomas' original work on BitcoinJS

Another piece of advice, you might want to look into the other two founders' background and investigate how long they have been working together. You don't want to deal with a founder breakup.

I agree with this mostly other than the huge salary in relation to the amount of equity.

If you're looking to join this company that doesn't even have a prototype and has no technical people, then I would consider yourself to be a founder. If you want to be a founder, 140k would probably be too high at this point for a salary, but I would be looking for at least 20% equity.

If you don't want to be a founder, then keep looking.

Ridiculous Article. All the costs are exaggerated and padded.

I'm not sure identifying users of the network is quite as easy as you may think it is. If by users you mean those sending or receiving bitcoin transactions. It'd be an interesting challenge to identify the IP address originating even a single Bitcoin transaction. How can you tell whether a node is the originator or simply a relayer of a transaction? For added privacy, run Bitcoin over Tor.

Decentralized P2P bitcoin transfers are not easily regulated; It would be like regulating other P2P technologies like BitTorrent or encryption software. Of course, if a centralized business is in the middle, you can regulate that, but it's not a necessary piece of the solution.

Fuck the NSA

These are the people that take the money out of your paycheck each week. Don't know whether it's gross incompetence or cronyism to buy new equipment from a contractor.

Good point. There isn't much you can do about usernames, but if the site just uses email addresses as a login then you can protect that.

> "But after some further consideration, we decided that it was a false risk, as the username reminder form already tells you if a username exists"

The solution would be to close that hole, rather than opening the same hole somewhere else. For example, for the username reminder form, if the username can't be found for a given email address, then that can be conveyed to the user by sending them an email message.