disintermediate

5 ms·

1.
by disintermediate 13y ago
If the MPAA wants software to protect its outdated business model, it ought to pay for it itself, not lobby the gov to threaten tech firms. This is about developing filters to prevent piracy. You'll see.
2.
by disintermediate 13y ago
Yep. Any time a politician talks about child porn or terrorism, you want to ask yourself, "what are they really trying to achieve here?" My guess is that the film lobby is trying to get the government to push the cost of preventin
3.
by disintermediate 13y ago
These companies go to great lengths to avoid US tax jurisdiction, employing an army of accountants and lawyers to avoid giving money to the IRS. Perhaps they could work with the same dedication to avoid giving their users data to the NSA.
4.
by disintermediate 13y ago
What we're seeing there is competitive devaluations through printing and recently confiscations. Fixed supply commodities like gold fare well, but their existence doesn't drag the world into a deflationary spiral. Bitcoin's existence won't
5.
by disintermediate 13y ago
The price of Bitcoin won't stabilise. The best you could hope for would be a similar volatility to a commodity like gold or silver. So products and services will never be priced in Bitcoin while there is a better alternative like the dollar
6.
by disintermediate 14y ago
Not yet. Five years I'd guess.
7.
by disintermediate 14y ago
Also, as Bitcoin matures, you'll see businesses pop up that will insure against the risk for a small portion of the transaction allowing near instant confirmation for merchants.
8.
by disintermediate 14y ago
>use cases are so niche This is a first-world misperception. There is half a world excluded from traditional payment methods.
9.
by disintermediate 14y ago
The biggest advantage of Bitcoin is being able to transfer funds globally without an intermidiary. Think of it as a payment method rather than a currency for the time being and you'll be better served.