nayefc

Unfortunately, it won't.

Money supply is a function of many things that an authority needs to control as an adjustment lever for the economy. A currency with a scheduled-deflation is not the solution.

There are no problems with our currencies today. This is a solution to a non-existent problem. We have problems in the finance world that Bitcoin does not solve.

For example, regulating how money supply can adjusted, or lending & risk.

How do you expect to operate a modern economy with Bitcoin when the whole concept of lending and credit will never exist (due to the shortage of the money)? What about in 50 years when the population goes up and we'll need more money in the system?

The government will never collect taxes, or issue bonds, in a currency that is not a function of the current state of the economy (but a function of time), and one that is scheduled to stop issuing any more "bills" (coins) at some point.

A central authority needs to control money supply. This is crucial in all advanced economies. It has to be capped somehow (currently, it's obviously exploited), but a decentralised currency will never work.

It won't. :)

Yet another motion from a useless organisation.

The issues that existed "until 40 years ago" were pretty obvious. I read a lot by Ludwig Von Mises. And I am not Keynesian.

> "The country [USA] that is the home to the Internet of Money could one day end up as the guardian of the new Reserve Currency and the Global Money Supply."

We all know how that went / is going when that country is controlling world politics.

> "They overlook that the world functioned on fixed money supplies until 40 years ago (the gold standard)".

Classic example of why techies need to avoid talking economics.

I'm not sure where you got this from. But Visa already supports P2P payments for its acquirers: https://developer.visa.com/vpp/.

Venmo uses it. Square probably does it as well. Mastercard has an equivalent.

NFC is clearly not the future.

Square/PayPal (also not the future with their current products) are not incompatible wit Coin. In fact, Coin fits well into the current ecosystem.

Is bonuses such a big problem? I've never had any card had a bonus for a limited time.

What this article suggests is pretty much impractical. The writer clearly does not understand the financial / payments infrastructure. Coin is not perfect, but at least they're taking a practical and pragmatic look on the problem.

Who are the "qualified customers" for $0 iPads?

Why won't businesses bill themselves, and cut down the price on their end user?

No Jabber?

Time Warner asked me to give them the milliseconds of a working website traceroute, instead of the broken link to a non-working website! It's hilarious (and quite sad) how incompetent Time Warner is.

Because Time Warner sucks.

> A rejected candidate should know unambiguously why they didn’t get the job.

Yes. One more non-arrogant company.

Oh wow. It's cool that the OS is actually smart to optimise it that way.

The app will not preload every time new items come in. This is a common misconception about iOS 7. iOS 7 schedules these apps to run very infrequently to save battery. Some times it will take many hours to do a background refresh.

Why would I pay for this when it's just 5 extra lines of HTML code for the modal dialog?

Because starting a startup is not about using the "coolest technologies", but running a business. In many ways, a typical old-fashioned business. Startups that revolve around the "coolest technologies" will almost always fail.

Working in the US (after I studied here for the past 4 years). Born in Jordan. One year from now, my answer could be different if I lose the H1B "lottery" on April 1, 2014.

I think I know which country you're talking about. They do give citizenship only to non-citizens (as you've said), but there are other exceptions.

I guess leveraging economy of scale would be what they're seeking for, but that's just a typical business. Why don't they promote it as such?

Current online laundry services are physical laundry spaces, that are leveraging the internet for the area around them. I guess no one has done it at a larger scale yet.

I don't get it. Online laundry shops have been there for years. I've had my laundry picked up, washed, folded and delivered a few times.

Why does it need a Y-Combinator backed-startup? Can't wait to see a job posting asking for a "full-stack engineer". This is a typical laundry business: there's hundreds of them everywhere, all "startups" (in the original non-techy sense) who make money. They don't need a Techcrunch article, or any of that hype.

^ this. loom founders?

> Future charges from the same vendor can go through based on the stored information (without re-sending the verification code), but charges from a new vendor would need the code, so this is intended to make it harder for someone who stole the saved information to initiate a new charge.

That's not true >"charges from a new vendor would need the code". Online credit card transactions only require a credit card number, expiry month & expiry year. The verification code is optional and is used as a fraud check / deterrent. Payments with an invalid verification code are highly suspicious. Therefore, when Apple (or any merchant) asks for the verification code initially, it passes the initial fraud tests and the card is stored as a "verified card" (or perhaps, only verified cards are stored). Further charges are then most probably legitimate (since it passed the previous fraud check).

I've been using them for a few months as well. It's the most decent one out there. Apparently they have a new blueprint coming soon.

I believe the person is saying that it is okay to asked linked lists questions, but you must also ask practical questions.

In your case, why not ask about linked lists, and then ask why in a CRUD app the models are ending up in a mixed up state when you add a second application server?

His examples are not bogus. These are real restrictions that limit "freedoms". What about the absurd drinking age? I can count tens if not hundreds of laws that show you how "un-free" people are. What's worse is that adults have actually spent time making them "illegal". It's funny, you think your free but you're always free within the limits. In the US, you are always free to choose between X and Y. Never Z!

I don't necessarily agree with you that an American more freedom of speech than say, a British person. But assuming it is, well, US: 1 (freedom of speech), Europe: 10 (for all the other nonsense illegalities in the US).

P.S: It is quite ironic you are saying the US wins big on freedom of speech in a thread on this article. Not saying that a European state wouldn't do the same to a whistleblower (many wouldn't though; especially Scandinavian countries), but even if they would, the governments didn't put themselves in that situation in the first place.