693 karma · joined April 7, 2007
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.
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!
No, but if you put your money into an index fund, you'd be shuffling your money exactly when Dow did.
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.
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.
Not that it really matters, since what catches fire politically is only modestly correlated with what is actually true.