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PnuklOEvolu's comments

PnuklOEvolu | 13 years ago | on: Building a Better Bitcoin

Articles like this demonstrate why most people don't get Bitcoin in the 1st place. Let's ignore the factual inaccuracies like bitcoin production bottoming out in 2040 (it's 2140, Justin, and that's a big difference) and focus on how Justin doesn't get it.

Bitcoin is in use right now transferring money around the globe. If I buy 100$ worth of bitcoin (0.478 bitcoin at current prices) and immediately use it to purchase anything, it has served its purpose as a value transfer medium. This is regardless of tomorrow or yesterday's price. It is this efficacy that people pay for when they buy bitcoins.

Bitcoin was not designed as a storage or investment medium it was designed to facilitate the transfer of value. As long as it performs that function it will continue to defy the misplaced expectations of those who refuse to go to the effort of understanding it.

PnuklOEvolu | 13 years ago | on: Groupon’s Bad Deal

Imagine that billion divided up as $50,000 seed money to 20,000 new startups. Don't just plunk it down on them set up an automated system requiring justification for every expense. Then have a contest over the year where the earliest, best performers get to advance to another round of funding the next year.

PnuklOEvolu | 13 years ago | on: Who says you can kill Americans, Mr. President?

"... release, to Congress, the press and the public, documents that set forth the detailed constitutional and statutory analysis he relies on for targeting and killing American citizens. " I see no believable indication that any such documents even exist.

PnuklOEvolu | 13 years ago | on: Designer Eats Engineer

Heresy! Kidding, actually the world definitely needs more of both designers and engineers. Computing power+programmer=problems getting solved, well that's the theory anyways.
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