cube13
Joined 15 years ago
Joined 15 years ago
So let's replace banks with... banks?
The overhead costs that bitcoin will save are just the wire transfer fees. Beyond that, there's still lawyer time, intermediary escrow fees, etc. Those will not change.
Uh, that's pretty much the definition of "unprofitable".
I like... air, instead.
The 1.5mm jack, on the other hand, is the standard audio connector for just about every consumer-grade device in the world. Not sure what the upside is for Apple, even with them owning Beats.
So no, it's not a good idea for more of it to be out there.
I fail to see the difference, other than the fact that you're doing it instead of those people.
The problem seems to stem(from a ruling last year linked here: https://news.ycombinator.com/item?id=7722956) from the fact that ANB didn't actually specify that the license was staying with it instead of getting sold as a packaged part of one of their subsidiaries.
For a core tech requirement, that's amazingly idiotic, no matter what size organization you're in.
And once you hit the <1 millisecond level, it's hard to even get reliable measurements, which makes compliance for "same time delivery" really really freaking hard.
Keep in mind, when you're talking about the nanosecond level, you're at the point where the length of cabling between the systems matters.
Sure, there's a lot of new tech coming out, especially with using GPS to synchronize clocks, but it's still a major issue.