51–60 of 80 posts
Earlier quoted context omitted.
But why would anyone buy anything with USD cash?
because my 1 USA dollar is unlikely to be worth 10,000 USA dollars within a year or two. In fact, it will most likely still be worth 1 USA dollar
I don't understand why we taxpayers decide to pool our money to pay for a staff of employees to ensure that we can't have free music and movies. I would prefer free music and movies over more federal payroll. It's like we all pitched in to ensure Kim Kardashian can have more money.
Would you be okay if large for profit companies didn’t have to abide by open source licenses? What’s the incentive to make movies or music just to be given away for free? Would you work for free?
Disney created an empire out of recycling "open source" folklore tales, then did use that influence to screw over copyright for generations to come.
This last decade it's been busy gobbling up anything worthwhile it hasn't already recycled 20 times.
Earlier quoted context omitted.
But why would anyone buy anything with USD cash?
because my 1 USA dollar is unlikely to be worth 10,000 USA dollars within a year or two. In fact, it will most likely still be worth 1 USA dollar
I'm curious about your thoughts on something. If someone thought the price would go up by that much, wouldn't it make sense to put all available money into Bitcoin, except enough to make payments where only USD (or not Bitcoin) is accepted - plus some emergency fund, etc. Because they would be keeping all possible money in Bitcoin, I think it would make more sense for someone who thought it was likely Bitcoin was going to increase 10,000 times in the next year to make every possible purchase in Bitcoin. Am I missing something? Transaction fees have been 'sorted' now with other layers, right?
Disclaimer: I have always been fairly skeptical of increases in cryptocurrency prices (which means I've been wrong so far), and don't see the use cases which will lead to it holding value long term. I also have some tiny amount (fraction) of Bitcoin as change from some experimentation earlier, so I suppose I would benefit greatly from a 10,000 increase. It has already increased to more than I put in to begin with I suppose, so even that small amount might earn more next year than I would from doing a day job.
Editing to note: the last sentence does look a bit sarcastic, but it is meant it in friendly jest. I think long term holders of cryptocurrencies have done very well so far, so hopefully they won't grudge me thinking the huge increases sound to good to be true. Also, I see someone has noted the high fees in another comment, so perhaps this issue is not solved.
New Zealand, at least back then, wasn’t known for fast (residential) internet. I thought it amusing such a global file-sharing juggernaut was headquartered so close to home.
Earlier quoted context omitted.
because my 1 USA dollar is unlikely to be worth 10,000 USA dollars within a year or two. In fact, it will most likely still be worth 1 USA dollar
My 1 bitcoin will still be worth 1 bitcoin within a year or two also.
The peak for warez communities was right around 2006. I distinctly remember how popular those forums and other sites were. There were ridiculous amounts of pirated software and media being shared, and most of that content was in fact hosted on Megaupload or RapidShare. If you knew people (from IRC) you could get invited to scene torrent sites which was a much more efficient way of getting what you want. I mean, every…
What I miss the most about this "peak warez" period (and most of the mid to late 00s, basically) is the huge amount of blogs uploading rare old music. During this sweet period I was able to get a lot of very rare music from all over the world (as a bouns, you could in practice guarantee that it was virus-free since unlike actual warez these files weren't executable. Yes, I know that dedicated attackers can still find…
Oftentimes it's old
My parents live relatively close to Kim’s mansion in Auckland and every now and then I’d see his car driving around (instantly recognisable with his “KIM.COM” personalised number plate). New Zealand, at least back then, wasn’t known for fast (residential) internet. I thought it amusing such a global file-sharing juggernaut was headquartered so close to home.
I don't understand why we taxpayers decide to pool our money to pay for a staff of employees to ensure that we can't have free music and movies. I would prefer free music and movies over more federal payroll. It's like we all pitched in to ensure Kim Kardashian can have more money.
> we can't have free music and musicians can't have free food and housing