Posts by Paolo 1 13 publicly visible posts • joined 10 Aug 2009
Treating bitcoin as a foreign currency is *exactly* how it should work. You pay 0.01BTC and then get refunded 0.01BTC.
Just because the BTC exchange rate is massively volatile right now doesn't mean the retailer/credit card/bank should worry about *your* FX exposure, in the same way they don't worry about it now for more regular currencies.
Actually what'll happen is the same that's happened in the real financial markets - the more/faster algorithms finding arb opportunites, the faster the odds will be lengthened/shortened to reflect the current bets and the overall effect is the market becomes levelled and less arb opportunities exist.
On the stock markets the guys there are chasing fractions of pennies thousands of times over to generate any kind of return.
Hmm, could this be the solution to printing from ChromeOS (especially as Google appear to be involved to enable apps and docs tie-ins)? Maybe it's just a happy coincidence.
Either way I also worry about the direct-spam, effect. It was bad enough with fax machine spewing out pages of crap at work back in the day, I don't want my home printer doing the same!
"...more likely you'll hit Vodafone's limit when using the 3G dongle built into your laptop"
You'd have hoped that the unit could recognise data connections and route them straight out the braodband pipe rather the via Vodafone's VPN. I presume from this comment that this isn't the case?
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