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Title: It's a sign of the impending... Post by: T.Stuart on July 29, 2014, 12:21:58 PM http://www.coindesk.com/arizonas-first-bitcoin-atm-struck-lightning/
Title: Re: It's a sign of the impending... Post by: vuduchyld on July 29, 2014, 12:29:51 PM Ha! Now we only have to interpret the sign.
Is BTC doomed to a fiery, painful ending? Or is BTC super hot, attractive, and energetic? Title: Re: It's a sign of the impending... Post by: InwardContour on July 29, 2014, 12:47:43 PM I hope for the shopkeeper that the ATM was insured, I didn't google about it but I think they are worth almost $4000.
EDIT: more than $4000 https://lamassu.is/ Title: Re: It's a sign of the impending... Post by: minerpumpkin on July 29, 2014, 01:08:13 PM I hope for the shopkeeper that the ATM was insured, I didn't google about it but I think they are worth almost $4000. EDIT: more than $4000 https://lamassu.is/ So even if only a handful people actually used this thing, with all those fees it would reach a positive ROI in what... 2 weeks? :D Title: Re: It's a sign of the impending... Post by: peter378 on July 29, 2014, 01:34:26 PM I hope for the shopkeeper that the ATM was insured, I didn't google about it but I think they are worth almost $4000. EDIT: more than $4000 https://lamassu.is/ I think being struck by lightning is regarded as un-insurable by the insurance companies because they regard it as an act of god. There's usually something in the small print saying you are not insured against acts of god. Title: Re: It's a sign of the impending... Post by: minerpumpkin on July 29, 2014, 01:39:11 PM I hope for the shopkeeper that the ATM was insured, I didn't google about it but I think they are worth almost $4000. EDIT: more than $4000 https://lamassu.is/ I think being struck by lightning is regarded as un-insurable by the insurance companies because they regard it as an act of god. There's usually something in the small print saying you are not insured against acts of god. I do get 'force majeure' but please don't tell me there are actually paragraphs that include a wording like 'act of god' Title: Re: It's a sign of the impending... Post by: peter378 on July 29, 2014, 01:47:32 PM I hope for the shopkeeper that the ATM was insured, I didn't google about it but I think they are worth almost $4000. EDIT: more than $4000 https://lamassu.is/ I think being struck by lightning is regarded as un-insurable by the insurance companies because they regard it as an act of god. There's usually something in the small print saying you are not insured against acts of god. I do get 'force majeure' but please don't tell me there are actually paragraphs that include a wording like 'act of god' Sorry, but I'm almost certain that if you look hard enough in the small print you will actually find paragraphs that include the wording 'acts of god'. It's easy to miss because the print will probably be so small you will need a magnifying glass, or perhaps a microscope to read it. Title: Re: It's a sign of the impending... Post by: Skrillex on July 29, 2014, 02:04:08 PM Yes it is, it all sums.
Title: Re: It's a sign of the impending... Post by: labsbitforum on July 29, 2014, 03:39:28 PM I hope for the shopkeeper that the ATM was insured, I didn't google about it but I think they are worth almost $4000. EDIT: more than $4000 https://lamassu.is/ I think being struck by lightning is regarded as un-insurable by the insurance companies because they regard it as an act of god. There's usually something in the small print saying you are not insured against acts of god. I do get 'force majeure' but please don't tell me there are actually paragraphs that include a wording like 'act of god' America was founded by mostly Europeans escaping religious persecution in Europe. Even after 350+ years those religious roots are still pretty strong. Our founding fathers tried to build in separation of church and state because they knew how horrible it was to have a government controlled by a particular religion. Sadly, even to this day in America you will run across people who believe the earth is 6000 years old and Noahs flood really happened around that time. I saw it last week at a "history museum". Here is a recent poll on Americans religious beliefs. http://www.harrisinteractive.com/NewsRoom/HarrisPolls/tabid/447/ctl/ReadCustom%20Default/mid/1508/ArticleId/1353/Default.aspx (http://www.harrisinteractive.com/NewsRoom/HarrisPolls/tabid/447/ctl/ReadCustom%20Default/mid/1508/ArticleId/1353/Default.aspx) At the time of this poll belief in evolution is up to 47% in America and belief in ghosts is 42%... Pretty embarrassing. Title: Re: It's a sign of the impending... Post by: Roy Badami on July 29, 2014, 07:06:40 PM I do get 'force majeure' but please don't tell me there are actually paragraphs that include a wording like 'act of god' It's a standard legal term which used to be very common but is probably used less now - I believe you could loosely translate it as 'natural disaster', i.e. storm, flood, earthquake, etc. It was a common exclusion on many insurance contracts, but of course the reality is that pretty much all natural disasters are insurable, but they might be quite expensive - particularly if you are trying to insure against an eventuality that is not that unusual in your part of the world... IME most modern insurance policies tend to spell out what they exclude in plain language, but YMMV. roy EDIT: And actually, in modern insurance policies, some of the exclusions that are hardest (but not impossible) to avoid are very clearly acts of man. War, riot, and terrorism would be obvious examples of things that most (but not all) policies exclude from their cover. Title: Re: It's a sign of the impending... Post by: BombaUcigasa on July 29, 2014, 07:20:28 PM War, riot, and terrorism would be obvious examples of things that most (but not all) policies exclude from their cover. Acts of Government.Title: Re: It's a sign of the impending... Post by: BitchicksHusband on July 29, 2014, 07:45:00 PM I hope for the shopkeeper that the ATM was insured, I didn't google about it but I think they are worth almost $4000. EDIT: more than $4000 https://lamassu.is/ I think being struck by lightning is regarded as un-insurable by the insurance companies because they regard it as an act of god. There's usually something in the small print saying you are not insured against acts of god. I do get 'force majeure' but please don't tell me there are actually paragraphs that include a wording like 'act of god' Sorry to burst your little bubble, but yes, there are. Title: Re: It's a sign of the impending... Post by: RyNinDaCleM on July 29, 2014, 11:08:47 PM War, riot, and terrorism would be obvious examples of things that most (but not all) policies exclude from their cover. Acts of Government.However, arson is usually not covered and that is an act of man. |