Viewing profile — MichaelConlon

The title doesn't make this clear but this was a decision made by the FTC not by an executive order. There's still an argument that can be made about the extent to which the execut…

While it is not technically "creating" new money it is expanding the supply of money (credit) in the economy. In the above example you still have $1000 owed to you and the company/…

Just throwing another opinion in the mix. I think it's healthy to recognize one's own work in addition to that dumb luck. It's certainly lucky that we liked computers but it's also…

You're correct in that it means that the bank messed up. The idea is that this is for (relatively) small amounts to cover reserve funds for a short period of time. This may happen …

The cash reserve system was introduced to protect against a 1920's style bank run. The idea being that a bank should have enough liquid assets to cover 10 or 15% of their customers…

They are not the same product[1]. uBlock was the original tool but was handed over to another maintainer some time ago. The original developer of uBlock, being unhappy with the dir…

Bitcoin uses proof of work [1] to verify transactions on the network. For someone to effectively rewrite the network they would need to control 51% of the total computing power (in…