241 karma · joined October 15, 2010
http://hnofficehours.com/profile/starkness/
You are right about grade inflation, but the difference in the level of rigor between the two schools means that not all As are equal.
And the audits comprise financial audits as well, which surely make sense for bitcoin exchanges and companies holding funds, but not so much for open source projects or technologies that are built around bitcoin but where no funds are held.
That said, the actual regulatory proposal has many more requirements than even mentioned in the article (including quarterly reports to the NY State Superintendent, collecting of user data, and the possibility of being denied a license without a system for due process in place), and things that the creator of a Reddit tip bot surely couldn't comply with.
It makes sense to regulate and, for example, require escrow for companies that are holding user funds in order to avoid the exact situation you point out. It doesn't make sense for a web wallet where the user is storing her own keys client-side.
The point of the article was not to focus on the consumer protection issues, but instead to point out how it could kill startups in the name of consumer protection. We are both in favor of avoiding another Mt. Gox, and the numerous other cases where user funds were lost, which includes escrow of the funds held for users. I'd be curious to get your thoughts as to what you consider the most pressing consumer protection issues, as we're working on another piece that will focus more on these.
It seems to me that that opensn0w campaign may have been fake (there are a lot of those on IndieGoGo).
And to be clear, in talking to friends in the security space, the auditing the code aspect was a huge concern, so I'm glad we can at least agree on something. :)
We're also planning on helping to fund many open hardware projects, and I'll actually be speaking at the SF Hardware Startup meetup tonight to solicit ideas from the community.
And it's not like anything is keeping evad3rs from getting donations if they release a closed source jailbreak, or even if they or anyone else releases a FOSS one and claims the prize (in fact with other related campaigns, lots of donations came in after the fact).
Basically it's just restating what's already in the law.
Learning to code teaches problem solving, new ways of breaking down complex scenarios, and a means to actually build something. It's true that not everyone needs to be a software engineer, but not everyone needs to be a mathematician either, and we don't use that as a basis to tell people not to learn math. Much like math, coding can be abstracted to a form of thinking in a way that plumbing cannot.
I have a friend right now that is using CodeHS to teach 10 year olds, and they're absorbing it like sponges. And I have met so many people that, in retrospect, have wished they had learned to code at a younger age. Maybe if people had told them to learn how to code, they would have.
"Dweck discovered that those who think that innate intelligence is the key to success begin to discount the importance of effort. I am smart, the kids’ reasoning goes; I don’t need to put out effort. Expending effort becomes stigmatized—it’s public proof that you can’t cut it on your natural gifts."
tl;dr: Praise kids for their hard work, not for being smart.
I have friends that pay $6-700/mo for rooms in reasonable apartments in convenient locations in Brooklyn (e.g. off the Lorimer L stop, less than 10 mins from Union Square). Rents have also significantly gone down in NYC in the past two years. I had mine decreased by 12% last year and it hasn't gone up since.
The funny thing is that this law is on the whole favorable to innovators, in that if you do abide by the requirements, you'll have the safe harbor from getting sued. If Viacom had its way, the law either wouldn't exist (thereby exposing hosts to all sorts of potential liability for the infringements of users) or it would require things like proactive filtering using fingerprinting technology. Thankfully, they have not prevailed in their lawsuit against YouTube.
If it was a print of the painting, it would depend upon whether a court would construe that it had sufficient originality to be a derivative work. But that wouldn't stop Getty from trying to assert copyright.
There is the issue, though, of a copyright on a compilation of public domain works, or on the edits on top of a public domain work that create a derivative work. These copyrights don't subsist in the PD works themselves, though.
That said, publishers slap copyright notices all the time on works in the public domain. They cover things like the foreward, introduction, cover, etc.
See this complex chart if you'd like, uh, more clarity: http://copyright.cornell.edu/resources/publicdomain.cfm
But this is once again one of those "copyright law is a mess" scenarios.