Ha thats amazing, I’ve been saying this from 2006, but hey what do I know. I’m just a hayseed from utah, who’s lucky not to drown to death in i my own ignorance.
I remember the days when i would wistfully read the same articles in 20 different papers to compare the subtle and often hateful bias from both editors AND newswriters.
Your average joe had not the time or inclination to research every story. Thoroughness is tough and thoughtfulness, forgetaboutit. If the paper screwed it up how is the tired shmo gonna have the energy at the end of the long day.
“Impartiality is most obviously at risk in areas of sharp public controversy. But there is a less visible risk, demanding particular vigilance, when programmes purport to reflect a consensus for “the common good”, or become involved with campaigns”
Bitcoins are most useful now for features. You can hold cash in your hand, but you are limited where you can use it. Your credit card is limited to those in the cardpayment network.
As its usefulness grows through network effects the US and international scrutiny will increase, regulations will follow.
There is a possibility that bitcoin could become elicit in the USSR or america. Cash is the currency of choice in the drug trade… for now. At the moment personal information is also used for identity theft, is it highly commoditised in the 3rd world. ID thieves trade names and numbers for a price to retailers who sell them one at a time someone with a need. the end user absorbs the risk.
The free market is like water – It will find the lowest path ALWAYS. It is constantly eroding dams and barricades in its way.
 October 16, 2012 at 10:45am
submechanophobia- a fear of submerged man-made objects. Crazy name real fear.