Manne wrote:
Oscars 2014 host Ellen Degeneres crashed social networking site Twitter with the biggest selfie ever.
Degeneres took a selfie with (brace yourself) Jared Leto, Jennifer Lawrence, Channing Tatum, Meryl Streep, Julia Roberts, Kevin Spacey, Bradley Cooper, Brad Pitt, Lupita Nyong'O, Peter N'yongO and Angelina Jolie.
The chat show host headed into the audience during the ceremony and whipped out her smartphone, passing it to Cooper and beckoning pretty much the entire front row to assemble behind her. The selfie saw about as much celebrity as you could cram into shot, including 12 Years A Slave actress Lupita N'yongo's opportunistic brother Peter, the only non-actor pictured.
Kevin Spacey arguably stole the pic meanwhile, offering a rather wonderful open-mouthed expression amid all the grins.
Ellen wrote: "If only Bradley's arm was longer. Best photo ever."
DeGeneres swiftly posted the picture on Twitter, with it attracting 80,000 retweets in three minutes and more than a million at the time of writing.
She later admitted to the crowd that she'd had an email from Twitter saying the tweet had been retweeted so much, Twitter briefly went offline.
Last year, the most retweeted tweet was a message from Lea Michelle about the death of her boyfriend Cory Monteith. It received 408,000 retweets.
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Bitcoins have gained popularity in a relatively short period of time (as our Making Sen$e broadcast segment explained). The currency is growing and changing so fast, regulators are having a difficult time keeping up. Even Sen. Tom Carper, D-Del., who chaired last November’s Homeland Security Committee hearing on virtual currencies, admitted to the PBS NewsHour that he’d only learned about Bitcoin six months before. His only knowledge of virtual money had come from his teenage son’s World of Warcraft habit. Carper had heard of Bitcoins being gambled, but said “we talked about a lot of uses of virtual currency yesterday, and I don’t recall gambling ever coming up in a two-and-a-half hour hearing.”
Efforts to regulate Bitcoins, let alone Bitcoin gambling, have barely begun to materialize. Meanwhile, wagering the currency grows ever-more popular.
Bitcoin makes online gambling easy
By most accounts, gambling represents between 50 and 60 percent of all Bitcoin transactions. Transaction costs are extremely low, meaning it doesn’t cost a lot to send and receive coins. Transactions are also irreversible. Once you send Bitcoins to someone else, you can’t request them back in exchange for returning the service or good you purchased. For gambling operators, this irreversibility eliminates the risk of chargeback fraud.
The benefits of doing business in Bitcoins have been a boon for 34-year-old professional poker player Bryan Micon, the chairman of Bitcoin poker site SealsWithClubs.eu. The site, Micon estimates, has done about 20,000 transactions over its 2.5 year existence, and paid about $20 in transaction fees.
Betters like Bitcoin because they receive their winnings right away. There are no bank wires or deposits to wait on because Bitcoin is itself a payment processor. And in the same way the Internet breaks down international boundaries, the uniformity of Bitcoin enables international gambling without the hassles of currency exchanges.
Bitcoin gambling sites also take a lower cut of the winnings than a Las Vegas Casino would, said Satoshidice founder Erik Voorhees, in an email. SatoshiDice’s house edge is about 1.9 percent. Just-Dice is only 1 percent. “A Vegas casino game might have a house edge of 10%,” Voorhees said. “This means that if you’re going to gamble, it’s far smarter to play SatoshiDICE than a Vegas casino.”
Central to Bitcoin’s success is this apparent contradiction: all transactions are at once anonymous and transparent. Every transaction and its size is listed in a public ledger, while the parties involved remain anonymous. When it comes to gaming, Voorhees said, that transparency allows all players to verify that each bet is fair. Because of Bitcoin’s mathematical algorithm, there’s no way for the house to cheat, he explained.
“This is absolutely revolutionary, and isn’t being done by any billion dollar casino in Vegas,” Voorhees said.
But with all gambling, players have to trust that the operators won’t steal the money they put down, which seems particularly risky with anonymously run sites. The immediacy of transacting Bitcoins minimizes that risk. And for the gambling operators, not holding players’ money for long periods of time allows them to more easily skirt gambling laws that crack down on payment processing. SatoshiDice, Voorhees’ Bitcoin casino game, was the first, and for a long time, the most popular Bitcoin gambling site. The game is simple. The “Ghost of Satoshi” rolls the dice to select a number. If the “lucky number” is less than your chosen number, you win. (“Satoshi” refers to Satoshi Nakamoto, the anonymous person or group who circulated the whitepaper floating the “peer-to-peer electronic cash system” that gave birth to Bitcoin.)
But is it legal?
In May 2013, SatoshiDice, whose servers are overseas, announced that the site would be blocking IP addresses from the United States.
The move was not, SatoshiDice claimed, in response to any official investigation, but rather a “proactive measure” to minimize risk. U.S. courts have been unclear about the definition of Internet gambling, and the ambiguity has been enough to spook the sites.
Voorhees sold SatoshiDice because he said running a Bitcoin gambling site made him a target. “I needed to separate myself from it before it put me in the crosshairs of the U.S. government.”
“Bitcoiners” are generally wary of the U.S. government–their aversion to a centralized monetary system is typically what draws them to Bitcoin in the first place. But avoiding any legal grey area is a smart move, said Whittier Law School professor Nelson Rose, who’s consulted for the gaming industry and taught classes about gaming to the FBI.
There are no signs the federal government is cracking down on Bitcoin gambling, Mercatus Center senior fellow Jerry Brito, who testified before the senate, told the PBS NewsHour.
But that doesn’t mean it’s legal – or does it? You’ll be sorry you asked.
Even though online gambling carries an illicit perception, there is no consensus on its legality within the United States. Gambling in general, Rose explained, has always been a state issue, and almost all federal statutes require that gambling be a violation of state law for th