What if I know what kind I like and don't want to change that? I don't see why you think it's such a bad idea for people who know what they like and want to make their lives easier with a little button. You don't have to get one, but don't try to make people who want one out to be mindless consumer drones.
I'm not commenting on the people who want to use the service, I'm commenting on the video which is unashamedly monoculture big-business. If they'd included a custom button for organic honey from the local local yoghurt-weaver I wouldn't feel quite so negative...
It's pretty simple. I was hired by Yishan and reported directly to Yishan to lead the cryptocurrency engineering wing of reddit. This was his idea - and I was happy to lead it. Yishan then suddenly quit, and new leadership took over. The new leadership is not interested in pursuing cryptocurrency at the moment.
Well I'm not really sure, because it felt extremely turbulent while I was there for my brief 4 month tenue. I think the culture will change. I think the culture was a little more loose, autonomous, and with little management before. I think it will be more hierarchical and managed moving forward. However, please realize that I have extremely limited experience at reddit and may simply be wrong about that.
The fact that they've already had a data breach within the first week or so of launch is not exactly a strong argument for how secure their platform is.
I'm sure this is directly connected to the outrage at NFC payments being disabled in CVS, etc. - effectively, they've become a target.
If they weren't a target because of the NFC stuff then they would have become a target because they're a payment platform. The only difference is probably how quickly the hack happened (or how public it became). If it had been the Chinese or Russians they possibly would have just pilfered and sold personal data.
They're not just supposed to be a payments provider. They're going to ask people to actually link their bank accounts so that the merchants don't have to pay credit card fees.
Hacking as retribution for personal data mining? Not likely. Sounds like an opportunity to get details from a financial transaction application while it's still green.
and the best bit -- the very best bit -- is should you be so stupid as to trust these idiots, you provide them direct access to your bank account. So when these morons donate your data to some smart hackers, instead of your credit cards getting drained, your checking account balance vanishes. It's not entirely clear what protections you have in that case.
Tell your friends and family not to be stupid -- never use a payment method on the internet besides a credit card. It's really simple: by law, you have no more than $50 liability for a fraudulent credit card transaction, vs $500 for a debit card. Plus in the former case, no money vanishes from your checking account, while in the latter, it may take several weeks for your money to come back. And while you are protected, in theory, under nacha rules and regulation E from liability for fraudulent ach transfers, you may still be out the money for a very long time while you fight with your bank. Here's a useful summary: http://www.fatwallet.com/forums/finance/1023728/m15101053/#m...
You don't have protections. With MCX + CurrentC, the customer is liable for all fraud.
These idiot executives in MCX are so blind in their zeal to track customers everywhere, they never stopped to think of how reckless it is to make the customer liable.
> These idiot executives in MCX are so blind in their zeal to track customers everywhere, they never stopped to think of how reckless it is to make the customer liable.
Do you mean reckless or potentially lucrative? My god! suddenly we don't have to eat fraud from credit card transactions (in increasingly large amounts come 2015 when liability gets pushed down to merchants by the card companies). They get extra customer data AND reduced liability. Sounds perfect.
Apple won't ever admit it, but I'm sure they're loving this turn of events. Having potential competitor stumble before it's even launched is great publicity.
CurrentC managed to piss off both iOS Users and Android Users + they are a payments platform. I don't know if you could paint a larger target on your back for blackhats.
You really don't? And you're trying to take some form of moral high ground over it?
The stream was a disaster and tarnishes the entire announcement, whose image is priceless to Apple. The jobs of the people responsible are in no way worth more to Apple than the damage done by said people.
I've tried the page from my iPad and my TV set which interestingly also has the user agent as Safari. The page makes both crash.
I've always believed that Google making their pages crash iPad's Safari can have benefits, but obviously the web developers who produced the Live page used only Safari on their big computers and never tested them enough on the iPads. That alone is really unacceptable execution.
The reasons the servers got under bigger pressure was obviously the wrong decision to have the video content page and the live picture and text updating resource and script hungry page as one and the same. The browsers of the viewers crashed, they attempted to view again, producing much more load to the servers than it would be if these unfortunate decisions (everything on the one page) haven't been made.
Independently, the stream was obviously botched at the source. It seems all parts of the world got the same Chinese translated pieces and the truck signals.
There were more smaller disasters there making one big.
I completely agree. I've been employed as a software engineer for about 2 months now and I would most definitely consider myself "junior". To put myself on the same level as the people at my place of employment who have been SEs for 20 years would be a disservice to them.
