I think you can store almost a million in form-factor similar to a 1 liter pack of juice.
As the article says: 48 million of these 1000 CHF notes (of all ages) are in circulation - but it is believed that the majority is used for storage (they don't really "circulate" as per the word).
Inflation in Switzerland is almost nil (apart from rent and healthcare, which doesn't matter if you're rich), so storing money e.g. in a bonded warehouse is cheaper than paying negative interest. Switzerland has a number of these bonded warehouses....
In Switzerland too by the way -- while restaurants love cash (they often don't even have a machine, even in touristy areas), everywhere else cards are common. It seem to have speeded up a LOT the last 2 years tho, due to contactless.
Banking services and the price you pay for it seems to be in the middle ages compared to Norway or even France tough, but I'm sure it's OK if you have > 100'000 CHF on your account... They all pretend to be very important, very serious, well dressed, but they don't actually offer much services AND charge you lots for it. That may be why the Swiss prefer cash.
Switzerland currently has a negative interest rate of 0.75%. I get absolutely zero in my normal account. You get a bit more in the savings-account - but only if it's below 250k. Then you get zero there, too.
Exactly. That's the problem I have. Even if the reviews were actually true (big if), it would only be a single data point in time. The Chinese shop could even produce a batch of good ones, have good reviews for those and then change the design to actually make a profit by leaving out most of the stuff that makes it good (Chinese shops are notorious for this).
a 14 USD charger from a no-name Chinese company being better than the original Apple charger? Sounds totally plausible, sign me up! Not.
I'm always surprised at the number of people who buy an Apple product and are then too cheap to buy the "supplies" (mainly chargers and cables and adapters).
Almost like people who buy cars with horrible MPG ratings who then turn around and complain about the thing consuming too much gas.
I have no time and no stomach to deal with a Chinese seller out of Shenzen! If I wanted to get into that business, I'd be doing it for a living already.
That's why I pay Apple and other brand-name companies large amounts of money so I have a local person to sort out warranty-claims.
Or only a very, very low one-figure percentage of it.
The rest is people trying to put meaning into their empty lives by buying stuff they don't need from money they often don't have (or should have contributed to self-growth like reading a book or exercising - or make a contribution to their retirement fund).
> a Mercedes isn't any more reliable than anything else.
Unfortunately, that's a sentiment shared by many current E-class owners. The cost-and-corner-cutting is real on these, too. The EQC will be much "nicer" than a Tesla, for sure - but range remains a concern, as well as price and availability. Also, no frunk and a smaller trunk apparently, compared to a Model X. And less range, less efficiency. Compared to a five year old car.
I'm somewhat ready to pull the trigger on an E-class - but I'm also thinking of holding out yet another year or even two and wait for Model Y - or whatever is available then that has some sort of trunk comparable to an E-class.
Teslas, at least until now, have a reputation of being somewhat easier to maintain.
Though, TBH, there is great concern about the viability of a Tesla as a daily driver because if it needs repair, it can take a long while to get parts and you don't always get loaners.
> through hard work and a belief in themselves,...
and investing early in a successful start-up like paypal.
When Jean-Paul Ghetty was asked how to become a successful business-man, he once responded: "Get up very early in the morning, work hard the whole day until late into the night. Dig oil."
AFAIK, the problem is not towing (though that in itself is usually not too good for the gearbox) but braking.
I saw a video of a VW Touareg (V10) towing such a jet. While the Touareg needed extra sandbags to improve traction, the driver said the techs had told him not to use the brakes, under any circumstances. They certainly weren't designed for such a weight.
They aren't protesting anything. They are just being jackasses. I think the pickups should be crushed into little cubes. It would not particularly upset me if the owners were inside during the operation.
Aliexpress sells the no-name stuff that retails here for 1/10 of the price. The problem is finding a good seller/manufacturer there that delivers consistently good quality.
Though, a lot of bonded warehouses for Chinese goods are popping up in Europe. Doesn't mean the companies behind them are more legit or trustworthy, though.
There's still innovation at Apple (AirPods, Watch, FaceID). It just takes time to get it right. How many innovations has Samsung burned through without any kind of market traction?
Also, most people are OK with slow progress. Just look at Google, trying things, working on them for a while and then abandoning them or morphing them into something else. Most people have better things to do than play the guinea-pig for some Silicon-Valley Tech Giant.
Most buyers of Apple computers these days don't need peripherals - and thus no dongles. They have the laptop - and that's it. Maybe they connect a phone to it - but to transfer a few files, you can use AirDrop and it's quite fast, too.
My 2012 Mini still has a FireWire800 disk connected to it. Doesn't mean I want Apple to make a new computer with IEEE1394b.
Granted, there are certain peripherals that will never get USB 3.1 - but I'd just get a dock for those.
I think it's hilarious that somebody can accuse Apple of being stagnant (5 year old design on the MP) and being too progressive (only USB C) in one sentence.
There's no income from updating android on a phone already sold. It's actually negative income because a new one doesn't get sold. Google may make some profit on the ads, but nothing of that reaches the vendor.
Apple has Music, iCloud, the AppStore. When they provide an update to iOS on a five year old phone, people continue to use it and buy apps, in-app purchases , iCloud storage for it (and maybe an AppleMusic subscription). That, combined with a nice profit on the hardware itself, is apparently enough for them to backport all the fixes and all the performance-improvements five years down the hardware memory-lane.
As I understand it, the danger lies in a virus that doesn't care if you had shots or not. The Spanish Flu was an avian flu. To develop the shots, the labs have to make a guess at which one of the various stems is going to be the most prevalent for that season and then start producing the shots. That takes a couple of weeks or months (seems like it's weeks these days). If a very aggressive strain would spread before anyone could develop something to counter it, it would spread uncontrolled - we'd have a pandemic. Even if it had "only" 10% mortality, life as we know it would come to a halt. The Katrina-aftermath would look like a peaceful picnic in comparison. There's the 2011 film "Contagion" with Matt Daemon that apparently depicts reality quite well: https://en.wikipedia.org/wiki/...
A reddit user explained that a while ago (sorry, no link).
It's easier to smuggle that way, of course, but it has (superficial) advantages for the addicted in that it looks to be cheaper and more "manageable".
The downside seems to be that once you're on anything stronger than heroin, there's no easy coming back (getting clean), due to the way these drugs work and how long they stay active. I can't remember the details, but it was a very interesting and equally sobering post.
Slashdot Mirror
That's why you have the 1000 CHF note ;-)
I think you can store almost a million in form-factor similar to a 1 liter pack of juice.
As the article says: 48 million of these 1000 CHF notes (of all ages) are in circulation - but it is believed that the majority is used for storage (they don't really "circulate" as per the word).
Inflation in Switzerland is almost nil (apart from rent and healthcare, which doesn't matter if you're rich), so storing money e.g. in a bonded warehouse is cheaper than paying negative interest. Switzerland has a number of these bonded warehouses....
In Switzerland too by the way -- while restaurants love cash (they often don't even have a machine, even in touristy areas), everywhere else cards are common. It seem to have speeded up a LOT the last 2 years tho, due to contactless.
Banking services and the price you pay for it seems to be in the middle ages compared to Norway or even France tough, but I'm sure it's OK if you have > 100'000 CHF on your account... They all pretend to be very important, very serious, well dressed, but they don't actually offer much services AND charge you lots for it. That may be why the Swiss prefer cash.
Switzerland currently has a negative interest rate of 0.75%. I get absolutely zero in my normal account. You get a bit more in the savings-account - but only if it's below 250k. Then you get zero there, too.
Then order it from a local store.
Bad reviews don't sell stuff. Good review sell stuff.
No wonder Amazon does jack shit about stuff like that.
Exactly. That's the problem I have. Even if the reviews were actually true (big if), it would only be a single data point in time. The Chinese shop could even produce a batch of good ones, have good reviews for those and then change the design to actually make a profit by leaving out most of the stuff that makes it good (Chinese shops are notorious for this).
it usually is!
a 14 USD charger from a no-name Chinese company being better than the original Apple charger?
Sounds totally plausible, sign me up!
Not.
I'm always surprised at the number of people who buy an Apple product and are then too cheap to buy the "supplies" (mainly chargers and cables and adapters).
Almost like people who buy cars with horrible MPG ratings who then turn around and complain about the thing consuming too much gas.
I have no time and no stomach to deal with a Chinese seller out of Shenzen! If I wanted to get into that business, I'd be doing it for a living already.
That's why I pay Apple and other brand-name companies large amounts of money so I have a local person to sort out warranty-claims.
How much is books in terms of turnaround and profit at amazon these days anyway?
I'd say, the people who buy books are the least problem....
Or only a very, very low one-figure percentage of it.
The rest is people trying to put meaning into their empty lives by buying stuff they don't need from money they often don't have (or should have contributed to self-growth like reading a book or exercising - or make a contribution to their retirement fund).
> a Mercedes isn't any more reliable than anything else.
Unfortunately, that's a sentiment shared by many current E-class owners.
The cost-and-corner-cutting is real on these, too.
The EQC will be much "nicer" than a Tesla, for sure - but range remains a concern, as well as price and availability.
Also, no frunk and a smaller trunk apparently, compared to a Model X. And less range, less efficiency.
Compared to a five year old car.
I'm somewhat ready to pull the trigger on an E-class - but I'm also thinking of holding out yet another year or even two and wait for Model Y - or whatever is available then that has some sort of trunk comparable to an E-class.
Teslas, at least until now, have a reputation of being somewhat easier to maintain.
Though, TBH, there is great concern about the viability of a Tesla as a daily driver because if it needs repair, it can take a long while to get parts and you don't always get loaners.
> through hard work and a belief in themselves,...
and investing early in a successful start-up like paypal.
When Jean-Paul Ghetty was asked how to become a successful business-man, he once responded:
"Get up very early in the morning, work hard the whole day until late into the night. Dig oil."
AWS has the right tool at the right price. Why go anywhere else?
You might think differently about that if Amazon starts competing in your industry.
I do agree that at least AWS should be split-off from the rest of the business.
It's bad enough that we have banks that are "too big to fail". We don't need an IT service provider in the same league.
At least, that's what I read.
Kudos for doing that.
People are literally narcotizing their kids with smartphones and tablets...that's so cruel.
It's a bit like giving a baby a gulp of beer to make it stop crying.
AFAIK, the problem is not towing (though that in itself is usually not too good for the gearbox) but braking.
I saw a video of a VW Touareg (V10) towing such a jet. While the Touareg needed extra sandbags to improve traction, the driver said the techs had told him not to use the brakes, under any circumstances. They certainly weren't designed for such a weight.
They aren't protesting anything. They are just being jackasses. I think the pickups should be crushed into little cubes. It would not particularly upset me if the owners were inside during the operation.
Ah, the good old "pressing arrangement"...
In the next banking-crisis, they'll just make everyone bail-in with 10 or 20%.
Oh, wait. I forgot. This is the US, where people don't have savings. Just debt and a bunch of credit-cards.
Well, I guess the government can charge it to your credit-card, if they really want.
Aliexpress sells the no-name stuff that retails here for 1/10 of the price. The problem is finding a good seller/manufacturer there that delivers consistently good quality.
Though, a lot of bonded warehouses for Chinese goods are popping up in Europe. Doesn't mean the companies behind them are more legit or trustworthy, though.
There's still innovation at Apple (AirPods, Watch, FaceID). It just takes time to get it right. How many innovations has Samsung burned through without any kind of market traction?
Also, most people are OK with slow progress.
Just look at Google, trying things, working on them for a while and then abandoning them or morphing them into something else.
Most people have better things to do than play the guinea-pig for some Silicon-Valley Tech Giant.
He is a hero - and a traitor at the same time.
And I'm pretty sure he, being the smart kid he is, was always aware of that, too. Ever since he copied the first file.
It's an enormous sacrifice.
Elvis has left the building.
Looks like we're pretty much fucked.
Maybe it's the hardware?
My 2012 Mini has become more stable with newer OS X (and then macOS) releases over the year.
BT used to be crappy and flaky, now it's rock solid. It's weeks between reboots.
Most buyers of Apple computers these days don't need peripherals - and thus no dongles.
They have the laptop - and that's it. Maybe they connect a phone to it - but to transfer a few files, you can use AirDrop and it's quite fast, too.
My 2012 Mini still has a FireWire800 disk connected to it. Doesn't mean I want Apple to make a new computer with IEEE1394b.
Granted, there are certain peripherals that will never get USB 3.1 - but I'd just get a dock for those.
I think it's hilarious that somebody can accuse Apple of being stagnant (5 year old design on the MP) and being too progressive (only USB C) in one sentence.
There's no income from updating android on a phone already sold. It's actually negative income because a new one doesn't get sold.
Google may make some profit on the ads, but nothing of that reaches the vendor.
Apple has Music, iCloud, the AppStore. When they provide an update to iOS on a five year old phone, people continue to use it and buy apps, in-app purchases , iCloud storage for it (and maybe an AppleMusic subscription). That, combined with a nice profit on the hardware itself, is apparently enough for them to backport all the fixes and all the performance-improvements five years down the hardware memory-lane.
As I understand it, the danger lies in a virus that doesn't care if you had shots or not.
The Spanish Flu was an avian flu. To develop the shots, the labs have to make a guess at which one of the various stems is going to be the most prevalent for that season and then start producing the shots. That takes a couple of weeks or months (seems like it's weeks these days).
If a very aggressive strain would spread before anyone could develop something to counter it, it would spread uncontrolled - we'd have a pandemic.
Even if it had "only" 10% mortality, life as we know it would come to a halt. The Katrina-aftermath would look like a peaceful picnic in comparison.
There's the 2011 film "Contagion" with Matt Daemon that apparently depicts reality quite well: https://en.wikipedia.org/wiki/...
I have never had a flu shot in my life.
A reddit user explained that a while ago (sorry, no link).
It's easier to smuggle that way, of course, but it has (superficial) advantages for the addicted in that it looks to be cheaper and more "manageable".
The downside seems to be that once you're on anything stronger than heroin, there's no easy coming back (getting clean), due to the way these drugs work and how long they stay active. I can't remember the details, but it was a very interesting and equally sobering post.