A nickel is worth 6 cents of nickel, if it was pure nickel You don't have your facts straight, the spot value of 5 grams of pure nickel would be more like 10.6 cents at current prices. The 75% copper component actually makes up more of the metal value of a US nickel than the Ni component does currently. The cost of extracting the nickel from a nickel what with all the impurities is going to make the effective worth of a nickel more like 4 cents anyway, and you'd be lucky to get 2 cents or so from a scrap dealer, since scrap dealers also want to make a profit too.
You're assuming that the component metals would need to be separated, but cupronickel alloys are good for more than just coins, particularly for corrosion resistance in marine applications. The coins don't have to be melted to use them as a store of value either. I still don't really save US nickels myself, because I'd rather sort for coins that already trade over face value. |
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I'm not sure if there's a section of the site for promoting scammy sounding investments unrelated to bitcoin, but the "Economics" section isn't for that as far as I know.
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Also "order's" should be "orders"
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Look out for pre-1982 Canadian nickels too, they are nearly pure nickel so the metal value is much higher. Then there are the silver US war nickels. US CuNi nickels don't really trade at much of a a premium currently because they can be obtained at face value and can't legally be melted in the US or exported in large quantities. I do know of one site that sells US nickels by the ton for a small premium though. Copper pennies do trade at a premium in spite of the melt and export ban, partly because it takes work to sort them out. Some do it by hand and some use machines.
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I admit i've taken this from wikipedia ( http://en.wikipedia.org/wiki/Literacy_in_the_United_States ), but: "This government study showed that 21% to 23% of adult Americans were not "able to locate information in text", could not "make low-level inferences using printed materials", and were unable to "integrate easily identifiable pieces of information." I don't think an elaborate labeling scheme will work out so well... Nothing in life is really idiot proof, but there is already mandatory food labeling in the US anyway as in many other places. As an adult you are free to do many stupid things, e.g. eating a pound of chewing tobacco and washing it down with large amounts of high-proof rum. Mandatory labeling can't prevent every potentially dangerous activity and nobody with any sense expects it to. In spite of that it can still serve a purpose. |
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Nah, I just got a sneaking suspicion.
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What if the relevant regulations just required her to label the product as unpasteurized or whatever, rather than prohibiting its sale?
That may work in this individual case. But think of all the exceptions that will have to be made to accommodate other situations as well. It would be impossible to manage that. And allowing this one case would be unfair to all the others that would benefit from such increased resolution of regulations. It will make the laws even more hellish than they are now and they will propably provide more work for lawyers for a long time to come. I'm not talking about an exception for this one person, I'm suggesting an alternate regulatory scheme where you could essentially sell whatever you wanted as long as it met certain labeling standards. |
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It's actually a complete myth. All "free electricity" means is you've got a few months before your landlord notices the overall power bill for the entire apartment double, at which point he's gonna investigate for about 5 minutes with an electrician and a no-contact ring amp meter then evict you. No, it hasn't happened to me or anyone I know but it definitely would.
Depends a lot on scale. If the increase is small enough then that scenario is pretty unlikely. |
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What if the relevant regulations just required her to label the product as unpasteurized or whatever, rather than prohibiting its sale?
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Oldminer obviously has something to gain by pushing ixcoin so religiously. LOL
Or thinks he does, his "IOUcoins sux" posts don't really give a compelling reason to go with his beloved Ixcoin instead. More likely the result will be that people just get sick of the drama and switch back to regular old Bitcoins. |
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Is a new blockchain really needed to do this? Why not just use regular bitcoins to pay for computing power? Also, don't most calculations worth paying for involve sensitive data that you wouldn't want available to the public?
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Unless there is evidence in the IP logs that the two posters are the same person, we may never know for sure. The real reason that Oldminer seems so fiercely loyal to a project that has been around for ~7 days and is apparently not all that much different from the original Bitcoin is anyone's guess.
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Cosmetic surgery is a pretty similar idea and it's been around for a while. In spite of that, the results are often pretty gruesome even for people with boatloads of money.
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I noticed later that "US Government" is on the list for McCain as well. I guess it's more likely that it's talking about employees of the organizations, but if so how would that information be collected exactly?
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Ah, I was beginning to think nobody here had heard of the series.
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This reminds me of a thread not long ago that had a virtually identical premise.
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How is it that the US Army, Navy and Air Force are making political contributions? Unless I'm misunderstanding something, wouldn't that be tax money they're spending to do that? If the list represents contributions made by individuals who happen to work for XYZ then that's another matter of course.
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Anyone here play the Bioshock games? For anyone who hasn't, the premise is very similar to this: rich guy founds a free-market paradise out in international waters and chaos ensues. Story and artwork were very well done I thought.
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