Recent submissions

Comment · 12 years ago
>Well if it is measured at the 1-second or 1-millisecond level, yes the exchanges are in compliance. At the 100-microsecond, 10-microsecond and nanosecond level, perhaps the exchange is in compliance at the 50th percentile.

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.

Comment · 12 years ago
If you're screaming your information out to the entire world, it's hard to find fault when someone listens.
Comment · 12 years ago
>An m-of-n transaction with a decent and trusted intermediary (or multiple less trusted intermediaries) could also replace bank guarantees, which is the simplest form of trade finance. There are also other opportunities in using bitcoin as proof of ownership or proof that you hold a product.

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.

Comment · 12 years ago
>They do not turn a profit because they keep sinking their profits back into expansion.

Uh, that's pretty much the definition of "unprofitable".

Comment · 12 years ago
I don't know about you, but I don't want football field size anything flying over my head, shooting energy beams.

I like... air, instead.

Comment · 12 years ago
Man, you can tell it's June, because this stuff is coming out again. :)
Comment · 12 years ago
30-pin was an Apple-only connector, though. Same with lightning.

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.

Comment · 12 years ago
They're been at that point for the last century, at least.
Comment · 12 years ago
Comment · 12 years ago
You're paying sales taxes in pretty much all of the US, though, though not as much(ranges from ~3% to 10%).
Comment · 12 years ago
Both books are, actually. The paperback edition for Brad Stone's book is going to be released in October.
Comment · 12 years ago
That's true. However, making a JK Rowling book completely unavailable? That's incredibly suspicious. It's pretty much a guaranteed bestseller.
Comment · 12 years ago
Comment · 12 years ago
So, in other words, you're creating another group with you at the top, pushing your PR agenda for the movement.

I fail to see the difference, other than the fact that you're doing it instead of those people.

Comment · 12 years ago
If it's a core part of your technology strategy, as RBS/ABN say it is, then your legal people need to make sure that you don't accidentally sell it away.

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.

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