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2441  Bitcoin / Hardware wallets / Re: Bitcoin Wallet for Android on: August 16, 2013, 05:26:16 PM
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Keep private key on paper, and public key in wallet. To spend money, QR scan the private key, store only in memory, spend from private key, and wipe from memory, never saving to storage

This is a recipe for disaster. If you try that with Bitcoin Wallet, you likely will loose all your change from that paper wallet. So say you have stored your lifetime savings of 500 BTC on one paper wallet. Now you decide to pay a hefty doctor's bill from that wallet, let's say 10 BTC. The doctor will receive 10 BTC, the other 490 BTC will disappear into the void. So don't ever do this!

What? Why can't the change address simply be the paper wallet itself? Plus isn't this how Android Bitcoin Wallet works already, sending from it's main address, and sending all change right back to the same main address?
2442  Other / Politics & Society / Re: Entitlement Mentality on: August 16, 2013, 02:19:00 PM
It's a culture thing. McDonald's just can't visualize anything that isn't McDonald's like.

Also completely false. McDonald's has changed many times over the years, and experiments with new restaurants and culture constantly. You heard of Roy Rogers restaurants? Those are McDonald's owned. How about Chipotle, which started the awesome high quality burrito trend that was also copied by BajaFresh? Guess who you have to thank for Chipotles? Yep, McDonald'a.

Ummm, no. I've seen McDonald's way of cooking and menu for over forty years. Not many changes there.

Deluxe Quarter Pounder, Angus Deluxe, Arch Deluxe, Breakfast Bagel Sandwiches, McGriddles,  Snack Wraps, Salad Shakers, Fish Bites, changes to the BigMac even. Most of these in just the last 10 years. Any of those ring a bell? Or do you not consider those changes?
2443  Other / Politics & Society / Re: Entitlement Mentality on: August 16, 2013, 02:14:13 PM
You're not claiming that In-n-Out profits > McDonald's profits, are you?

Per store, definitely.

To use an extreme example, Nordstrom makes way higher profits per store than WalMart. As did Sears. That doesn't mean that either company as a whole has higher profits, or that their business model is better than WalMart's (it's worse)

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Regarding trying recipes: they're clueless.

Why do you say that? McDonald's has their own university devoted to researching and creating new recipes (among other

Do you have a memory problem?

Do you have a language problem? You said they're clueless. I pointed out that they try hard. Are you claiming that they spend millions a year hiring clueless people to design food that clueless tasters approve of? That's absurd! Most likely they hired experts to design as best foods as possible using as cheap cooking methods as possible, because they themselves picked a level of quality they believe is adequate. A level they have reached after also a lot of testing, which is adequate enough for their food to be desired by billions of people around the world, allowing them to build their stores all over the world, instead of just Chicago where they started (on the other hand, I almost never hear about In-n-Out). In other words, you say their food is like that because they are clueless. I am suggesting their food is like that because they specifically wanted it to be that way. All your polls say is that some people like other burgers over theirs. No shit. I'm sure most people like Checkers/Rally's burgers way more than McDonald's ones, too. I don't see Checkers/Rally's popping up all over the place (or Hardees, or Sonic, or Jack-in-the-Box, or Carl's Jr, or WhiteCastle).


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How many McDonalds restaurants are in your city and state compared to In-n-Out restaurants? If there are twice as many, In-n-Out better be employing twice as many people outer store. I suspect it's 10 times as many stores though. At least.

I just googled three cities: the ratios are 3:1 and 3:2 and 3:2.

An average of 9:5 then?

Are those ratios of stores, or ratios of employees per store? Can you conclude that In-n-Out employs as many people as McDonald's?


EDIT: To bring this around to the OP topic, I also think that the strikers may be stupid. McDonald's has a business model that allows them to exist in many places, and in many different economic and cultural environments. Sure, the jobs may suck and not pay more, but they're there. If the strikers change McDonald's business model to something else, like to that of In-n-Out burger, some of them will get improvements in quality of work environment and raise in salaries, but a lot of them will simply lose their jobs. As In-n-Out has demonstrated, it simply can't exist in as many places as McDonald's can. (unless they purposefully don't want to make more money by expanding)
2444  Other / Politics & Society / Re: 6 Bitcoin Societal Issues on: August 15, 2013, 08:22:18 PM
As far as I remember it, the majority of the public was against the war. That's also why Cheney made that quip about leaders lead instead of listening to polls.

That's not how I remember it.

http://www.gallup.com/poll/5029/eight-americans-support-ground-war-afghanistan.aspx

http://www.gallup.com/poll/8038/seventytwo-percent-americans-support-war-against-iraq.aspx

Ah, you're right

http://en.wikipedia.org/wiki/Popular_opinion_in_the_United_States_on_the_invasion_of_Iraq

I may have just been too focused on this, "Approximately two-thirds of respondents wanted the government to wait for the UN inspections to end, and only 31% supported using military force immediately. "
2445  Other / Politics & Society / Re: Entitlement Mentality on: August 15, 2013, 08:14:58 PM
It's a culture thing. McDonald's just can't visualize anything that isn't McDonald's like.

Also completely false. McDonald's has changed many times over the years, and experiments with new restaurants and culture constantly. You heard of Roy Rogers restaurants? Those are McDonald's owned. How about Chipotle, which started the awesome high quality burrito trend that was also copied by BajaFresh? Guess who you have to thank for Chipotles? Yep, McDonald'a.
2446  Other / Politics & Society / Re: Entitlement Mentality on: August 15, 2013, 08:10:19 PM
Here's the question you might want to ask yourself:

If the minimum wage rose $3.00 or $4.00, how would it affect the profitability of McDonald's vs. In-n-Out? Is McDonald's able to survive a minimum wage increase? Is their business model that fragile?

It would force many McDonald's in poorer areas to close down, because they would no longer be able to afford to operate. I did mention that different McD's restaurants in different areas charge different prices, right? The effect would be similar to dropping an In-n-Out into a poor urban area. It'd go out of business in no time.
2447  Other / Politics & Society / Re: Entitlement Mentality on: August 15, 2013, 08:06:27 PM
Because In-n-Out focuses on profitability, excellent food, and excellent service, within a framework that pays reasonable wages. Maybe if McDonalds focused on being profitable while paying better wages and offering better food, they too would have a more sophisticated and thoughtful expansion plan.

You're not claiming that In-n-Out profits > McDonald's profits, are you?

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Regarding trying recipes: they're clueless.

Why do you say that? McDonald's has their own university devoted to researching and creating new recipes (among other things), and hires top chefs to create and test foods in their experimental restaurants around the country. What does In-n-Out do that's not "clueless" that McDonald's doesn't?

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Regarding locations: ask yourself why In-n-Out's very crowded restaurants do not drive away customers.

The same reason some restaurants can have waiting times of 15 minutes before they get seated: people are willing to wait for something special. In-n-Out essentially has a monopoly on In-n-Out burgers, but are getting screwed on fast food competition in general.

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Also, as I've said, they're employing more employees per store, so it's not as if In-n-Out is employing less employees per region.

How many McDonalds restaurants are in your city and state compared to In-n-Out restaurants? If there are twice as many, In-n-Out better be employing twice as many people outer store. I suspect it's 10 times as many stores though. At least.
2448  Other / Politics & Society / Re: Entitlement Mentality on: August 15, 2013, 07:48:25 PM
Who would say no to better working conditions and better wages? Is that fair or is it also entitlement mentality to think like that?

Of course that's fair. But since In-n-Out is focusing of quality instead of cheap jobs, they may not have jobs available for you, meaning you'd have no option but McDonald's.

Would it be fair for you to make an offer to In-n-Out to work for less than what they are currently paying their employees, in the hopes of getting one of their employees jobs?
2449  Other / Politics & Society / Re: 6 Bitcoin Societal Issues on: August 15, 2013, 07:42:19 PM
As far as I remember it, the majority of the public was against the war. That's also why Cheney made that quip about leaders lead instead of listening to polls.
2450  Other / Politics & Society / Re: Entitlement Mentality on: August 15, 2013, 07:23:05 PM
The first thing they need to do is get better recipes and cooking methods.

They did/do, all the time, by trying new recipe. Recently they had Angus Deluxe burgers, but those were dropped. All that does though is raise costs, not cut them, and likely for a lower marginal profit increase. For example, apparently adding superior Angus Deluxe burgers didn't increase their profits, so your idea of superior recipes and cooking methods didn't work.

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Then cut stores, which cuts real estate costs.

Cut wages from minimum to zero? Tell franchise investors who sunk millions into their own restaurant that they should accept their losses, pack up, and leave?

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With better recipes and and less stores, they'll attract the customers from the removed stores to the remaining stores, bringing in more revenue per store.

Maybe. They tried recipes, but those don't always work. And they do close unprofitable locations sometimes, but if one restaurant even make $1 in profit, why close it? You're thinking that if A gets X customers, and B gets Y customers, then if you close A, then B will get X + Y customers. But that's simply not true. B may not have the capacity to handle all new customers, and long lines will drive them away, and customers who bought from A location may find B's location inconvenient. And, of course, less jobs for locals.

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This is exactly what In-n-Out does: half the stores as McDonalds per area, yet more customers per store, because their food is so good.

If it's so great, how come McDonald's is all over the world, and In-n-Out is only in your area?
2451  Other / Politics & Society / Re: 6 Bitcoin Societal Issues on: August 15, 2013, 04:06:49 PM
These can be answered another way:

1) That's a symptom of authority having too much of it. Reduce the authority's power, and there would be no purpose to bribing them
2) Reduce the power of elected politicians, so they can't give out special favors and subsidies, and there would be no need for secret election donations. No one would donate to a politician if they can't get anything out of them
3) Hopefully the "honest" will become less "honest" and don't subject themselves to taxation, either. With lower tax revenues, government will have to make sure it's spending responsibly (though that won't likely ever happen)
4) With reduced tax revenue, there will also be less financial aid to cheat off of
5) Crime and terrorism are less profitable than honest business. People resort to terrorism out of desperation (also, attackers call them "terrorists," defenders call them "rebels" or "freedom fighters") Not defending his actions in any way, but Osama's stated reason for 9/11 was American military bases in Saudi Arabia. So, again, no tax revenue, no money to send the military all over the place. As for local crime, and specifically secret funding of it, some of that crime may be an assassination market. Those are likely going to result in people behaving much nicer, lest they get a large contact on their head.
6) Yay!

EDIT: Or what he said ^
2452  Other / Politics & Society / Re: Irrational 1% Jealousy on: August 15, 2013, 03:32:55 PM
If you do a great job, you get to come back for another year at $30 million per year. If you do a shitty job, you get $15 million and get to take the rest of the year off.

People look at that $15 mill, and think, "Man, if I had $15mil, I would..." comparing their income and lifestyles to CEOs directly. CEOs don't live or work the same way we do. Sure, a lot of that money is spent on luxuries, but much more is spent on investments and other businesses they run. Those people are in the business of "making money," not earning money and spending it away. It's also why they get hired in the first place.

So, instead of thinking, "Holy crap! They still get to keep $15mil! I could do so much with that in my own life style/situation!" think "Where would I be if my salary was cut in half, and I had a very public bad record in my resume that was published in a bunch of newspapers?"

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And the short-term criteria they are judged on often puts them in a position where their best choice is the one that is worst for the long-term health of the company.

That is an actual problem, and corps are starting to fix that, with things like performance based salaries and stock options that can only be exercised in the future.

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Even if none of that was true, there is still a world of difference between being a founder/stakeholder and a hired executive.

Where do you think executives come from? (Not a rhetorical question, actually wondering)
2453  Other / Politics & Society / Re: Entitlement Mentality on: August 15, 2013, 03:03:14 PM
Someone across the globe could do the same work for pennies and make a living.

Maybe instead of forcing wages to go up, government should force the price of food and housing to go down. Then we'll all be rich living on $1 a day  Grin

Another post that doesn't demonstrate thinking outside the box.

Because, what is more "outside the box" than the tried and true "Minimum Wage"  Grin

Getting businesses to look elsewhere to cut costs besides the labor force. I've already explained how In-n-Out does it.

You said McDonald's has shit restaurants with shit food and shit service. What more can they cut?
2454  Economy / Services / Re: Bitcoin 100: Developed Specifically for Non-Profits on: August 15, 2013, 02:37:37 PM
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Hello Rassah,
How are you?

Can I recommend a 501c3 non profit for the Bitcoin100 donation?  There is a group that I am trying to get to start using Bitcoin that is in the process of creating their "BTC donate" button.

Generation Green empowers citizens to voice their concerns and implement earth saving actions. Through heightened awareness we encourage wise choices that ensure sustainable living and the preservation of the environment.



Since 1990, Generation Green (a 501c3) has sought to inform and encourage environmental action in CCC. Generation Green has hosted dozens of workshops and attended countless events. Our efforts have reached all segments of the community. From local arts and crafts classes to attendance at City Council meetings—our goal is to educate all residents in the county about environmental issues.

http://www.generationgreen.com/


I just wanted to run it by you first before they set up they start accepting BTC.  What is the best process for them to follow to qualify for the Bitcoin100 donation?

Thanks!

August

Not sure what to make of this one. Thoughts?

I'm leaning heavily yes. Not sure what your concerns, if any, may be, Rassah.

Got a bump reminder about this. I guess I should go ahead and send them money?
2455  Bitcoin / Bitcoin Discussion / Re: Future Proofing - Mesh Networking As Insurance Against ISP Attack on: August 15, 2013, 02:25:51 AM
OpenGarden, too!
2456  Economy / Services / Re: Bitcoin 100: Developed Specifically for Non-Profits on: August 15, 2013, 02:24:34 AM
I think it is awesome this is still going after so long. Charitable donations are a great way to use bitcoins.


I think it's awesome I still haven't run off with the money  Grin
2457  Other / Politics & Society / Re: Entitlement Mentality on: August 15, 2013, 02:23:47 AM
Someone across the globe could do the same work for pennies and make a living.

Maybe instead of forcing wages to go up, government should force the price of food and housing to go down. Then we'll all be rich living on $1 a day  Grin

Another post that doesn't demonstrate thinking outside the box.

Because, what is more "outside the box" than the tried and true "Minimum Wage"  Grin
2458  Other / Politics & Society / Re: WTF is wrong with America? on: August 15, 2013, 02:10:57 AM
To me it seems that language is a huge factor here. It serves to bond people together, they share knowledge, and it also limits contact between different languages. Part of the US' dominance seems attributable to the fact that their main language is English (sort-of Wink ) which allowed them to piggyback on the strength of Britain's earlier imperialism. All they really had to do was promise a nice environment to attract foreign scientists and entrepreneurs (freedom, New World, lack of world wars, etc) and they were all set.

Language and the fact that oil is traded for dollar, and dollar is the "world's currency", not bitcoin Sad

But I must say,that I hope someday we all will speak one language. There are better and worse languages, technically speaking, I would choose between english as it's dominant already, or japanese, as it's very "practical and economical". If the whole world except USA would suddenly use some other language (russian, mandarin, you name it) it would certainly be fun to see how it has to keep up with the rest.

I wonder what a programming language written in Japanese would look like?
2459  Bitcoin / Wallet software / Re: BitcoinSpinner / Mycelium on: August 14, 2013, 11:47:41 PM
Put about 15 "Are you sure?". "Are you really really sure?" confirmations in front of it  Grin

Or just allow unconfirmed transactions to expire after a day or two, making the money available in the wallet again, and letting you try to create another transaction, maybe with a fee this time. That's the way blockchain.info does it. Or used to.
2460  Other / Politics & Society / Re: Entitlement Mentality on: August 14, 2013, 11:43:11 PM
Someone across the globe could do the same work for pennies and make a living.

Maybe instead of forcing wages to go up, government should force the price of food and housing to go down. Then we'll all be rich living on $1 a day  Grin
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