Bitcoin Schadenfreude

If you want to see a bunch of butthurt Libertarians, read the comments:

Like all currency systems, Bitcoin comes with an implicit political agenda attached. Decisions we take about how to manage money, taxation, and the economy have consequences: by its consequences you may judge a finance system. Our current global system is pretty crap, but I submit that Bitcoin is worst. [...]

It's also inherently damaging to the fabric of civil society. You think our wonderful investment bankers aren't paying their fair share of taxes? Bitcoin is pretty much designed for tax evasion. Moreover, The Gini coefficient of the Bitcoin economy is ghastly, and getting worse, to an extent that makes a sub-Saharan African kleptocracy look like a socialist utopia, and the "if this goes on" linear extrapolations imply that BtC will badly damage stable governance, not to mention redistributive taxation systems and social security/pension nets if its value continues to soar (as it seems designed to do due to its deflationary properties).

Also, this: @cstross: "Hacker News as a news site clearly lies somewhere on the Asperger's spectrum."

If you'll excuse me, I'll be on a leaky barge counting my bullets.

Previously, previously, previously, previously, previously.

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Not drinking will kill you.

Cheers!

Of the 1,824 study participants, only 41 percent of the moderate drinkers died prematurely compared to a whopping 69 percent of the nondrinkers. Meanwhile, the heavy drinkers fared better than those who abstained, with a 60 percent mortality rate. Despite the increased risks for cirrhosis and several types of cancer, not to mention dependency, accidents, and poor judgment associated with heavy drinking, those who imbibe are less likely to die than people who stay dry.

Previously, previously, previously.

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