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spankythemonk

-3 karma · joined January 30, 2011

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spankythemonk··on Google announces bitcoinj: a bitcoin implementation in Java
I guess you mean for CPU mining? Mining with a GPU is definitely profitable.

That's why the difficulty keeps increasing; mining is so lucrative that an ever increasing number of people are getting on board, which drives up the difficulty.

spankythemonk··on The story of bottled water (short film)
The only reason I drink bottled water, is because our tap water has sodium fluoride in it (rat poison, which is apparently good for your teeth :P )

Besides, as first-post said: "let the market work this problem out". The girl in the video, herself, admitted that there was a reversing trend in the market. Problem...?

spankythemonk··on A Second Tour as C.E.O.
Cool story bro!
spankythemonk··on Paypal's fraud prevention routine does it again
Here's waiting anxiously for Bitcoin to put these guys out of business.
spankythemonk··on Canadians Just Became World's Biggest Internet Losers.
no. picture and flash ads are separate HTTP requests. AdBlock/FlashBlock work by not making those requests. You will save bandwidth, but as you have pointed out, it's a drop in the ocean compared to watching a HD movie or even a 10min youtube clip.
spankythemonk··on Scott Adams: How to Tax the Rich
> Tax the rich too much and then they stop creating jobs for all you whiners who can't hold on to your money.

This is true. You're essentially increasing the tax burden on the entrepreneur class. This means less money spent on business formation, job creation and capital investment. The last thing that the US Economy needs right now. Not only that, but many "rich" might just decide to leave the country and go somewhere where they are allowed to keep the money they earn. What will you tax then?

Taxing the rich is a stupid policy. Look at the unintended consequences. There are two sides to every coin.

The problem with the US economy is simply that there is too much government and it's choking the private sector like a giant parasite killing it's host. CUT GOVERNMENT SPENDING.