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william42

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StackOverflow 14 years ago

Wikipedia is exactly as centralized as StackOverflow, in that it's all in a single site but licensed under Creative Commons.

Currency markets exist, but most currency trading is a lot more short-term.

Holding USD is rarely an investment. You put money in your checking account(as opposed to a savings account/CD, which is an investment in the bank) because you expect to spend it(you know, what money is for?) soon. Only banks hold large amounts of USD and they almost immediately loan it out.

And you're right, it's unfair to compare gold to Bitcoin. There are people actually using Bitcoin as a currency, whereas gold is almost exclusively exchanged for actual currencies, which are then exchanged for goods and services.

And the failure of the Zim dollar is the reason they recently returned to the gold standard. Oh wait, no, they switched to USD.

Hint: the value of USD isn't as an investment. In fact, if the value of USD goes up, that makes it less useful, because the point of having money is to spend it. For example, one of the many reasons of the utter trainwreck of Bitcoin is the fact that more people were holding it as speculation than actually using it to purchase anything.

And it's only 3% in the last year if you aren't trying to compare it to something mid-bubble. The USD is totally going down with respect to tech stocks, guys!

"If you had bought and held the stocks that make up the Dow over 60 or 70 years, you'd have gotten demolished because the Dow constantly shuffles its index."

No, but if you put your money into an index fund, you'd be shuffling your money exactly when Dow did.

Actually, my first thought was "This reminds me of Enso", Enso being the predecessor to Ubiquity(by the same people before they were hired by Mozilla), but integrated into the desktop as a whole rather than the browser.

Unfortunately, my main complaint with Enso and Ubiquity was that both were unfortunately rather buggy. And given Ubuntu's track record with Unity, I suspect that it will be just as buggy.

"Here's one way to start: remove direct elections of senators. It makes lobbyists having to deal with 50 separate state legislatures rather than 100 individuals."

Lobbyists hear this and think "Oh boy! I get to deal with a set of elections that the average voter cares even less about than Congressional ones!"

Personally, I'd go the other way around, and switch to a Westminster system where you only have one vote for federal office, meaning that plans like Obama's small-donor system would be more feasible for the elections that really matter: legislative ones.

Honestly, this is the thing that annoys me the most about the Occupy Wall Street slogan of "the 99% vs the 1%"; income is a power distribution and there really isn't a threshold you can step over and become rich.

Not that it really matters, since what catches fire politically is only modestly correlated with what is actually true.

I think that when you use a magnet link it either includes the tracker (which is the part of BitTorrent that tracks the seeds) in the text of the link or uses a more sophisticated technology called a Distributed Hash Table.