contactless systems are not instant. you still have to wait for the system to access the network, verify the transaction. not printing a receipt saves a little time, but not much. I have timed it just for fun at various retailers. 70% of retailers in the US still can't take contact less cards.
Also for most credit cards, purchases under $25-$50 depending on card/retailer you don't sign for. also my credit cards don't work in the UK unless I call and ask for them to be used there(which I have when traveling)
I never said pin transactions take longer, I said they are not faster.
I don't,chip and pin have known flaws, are barely more secure than regular cards, and new the majority of new terminals aren't even the NFC swipe it over type after 10 years.
Let alone at the end of the day each transaction takes longer than magnetic strip ones. I have yet to see a compelling reason.
I had a card that used NFC to tap and go. in general the average transaction took just as long to do as handing my card over or swiping the card myself.
the problem there is no group that wants to actually do that.
You would need a massive campaign to get out to the people with the right and very simple message, detailing very simple requirements, to force enough people to demand action.
The tea Parties response to curbing these leaks is larger government. The republican response to curbing these leaks is larger government. The democrats don't care for the larger government but they are not opposed to it either.
and yet you know nothing of how much a business needs to earn to pay a single person $40k a year. Just because the company has $120,000 in revuene, doesn't mean the owner earned $120k. Now you have to take off expenses which is on that figure probably close to 95% of it.(depending on how the equipment was purchased)
you forgot "conservatives" claim to be for smaller government so what did the Patriot act Author decide on how to fix the law that he said was being abused? to hire and fund a special law firm that can handle top secret clearance to be an "independent" advocate.
how much money does a specialized law firm with the appropriate clearances cost? tens of millions annually. Sure it is a drop in the bucket but no tea party or republican actually want smaller government.
That's discounting other sources of iginition. Fuel fires are not the primary cause of car fires.
Catalytic converters, voltage regulators, and alternators also play significant roles. Devices used to generate and manage variable electrical loads cause more fires.
I gave a guy a jump start one day and watched his car catch on fire.
His voltage regulator was damaged and literally burned up before our eyes. I was able to disconnect my cables which put out most of the fire(it being electrical and some plastic).
I felt sorry for the guy I tried to help him and watched his day turn much worse.
Car fire happens all the time. they will happen with lithium batteries too.
I understand all that you said but I have to point out just one thing.
a human sized clippy costume? that is the most terrifying thing I have ever heard of. that ranks higher than clown, advertisers, lawyers and politicians.
It seems you don't understand scarcity. Understandable like quantum mechanics it appears normal until you hit edge cases were everything goes backwards.
Let's say the Mona Lisa is the last surviving piece of DA Vinci's work. No notes, books, or stories are left. How valuable is it? The answer is in reality nothing. There is no more DA Vinci, so there is no value in a random old painting. Since we don't know who or what he was the result is the value plummets.
Bitcoin has a finite life. After all the coins are mined. There is no way to inject more into the system. Take cash. When cash was based on gold the value only increased as governments hoarded gold. However it took centuries for value to increase. As we slowly moved away from physical currency to perceived value(banks no longer had to keep your Cash on hand plus interest). The perceived value has rocketed upwards. More value, currency was created in the last 100 years than in the previous 1000.
Bitcoin though unlike cash has a real world limit. 21 million to the 8th power. However as coins are no longer usable(passwords lost, files lost,) the short term value goes up but at one point the number of coins lost will be worth more than the coins in circulation. Shortly after that, bitcoins will crash in value.
When it becomes harder and harder to acquire something it values only increases to a point(a ridiculously high point ) however bit coins have a finite shelf life. when all the coins have been mined, and nothing new is really being added, the amount of lost coins will overtake the value of the remaining coins. Cash currency works because new cash is being generated continuously. Even if the Fed cut back on bond buying, etc. they would still be printing new cash to offset losses of broken. Bitcoins have a finite limit as to how much new can be created.
Lastly bit coins are funny. they start at 21 million coins and keep making them smaller and smaller which is possible but really screws with pricing. you sell a service for 1 bit coin and then 1/2 a coin and 1/4 etc. Trying to price out a service and one week later your either charging double, or triple the rate.
Don't get me wrong bit coins won't devalue overnight. they have many years left. Then a new version will come out and bit coins will crash a couple of years later.
time zones exist because the sun sets later in the west than it does in the east. It was a fact I knew but didn't fully grasp until I moved 400 miles east along roughly the same latitude in the same eastern time zone. We were sitting outside enjoying a camp fire on the summer solstice when some one asked when the sun would set. Having spent many a summer outside at my previous place I knew it would roughly be 9pm. however I didn't take into account the difference 400 miles makes. The sun really set 30 minutes earlier.
Now in a corporate world time zones only matter in relation to when other people will be at their desks. However in the real world, where one has kids, and after school sports, hell even trick or treating, it makes all the difference in the world. Those on the eastern edge will always be screwed by things shutting down earlier. As so much just can't be done after dark, and it gets really expensive to light up every field, park, and body of water just to be able to live life after work.
I would like to point out Gold goes up whenever the stock market goes down hard. in every recession there is a spike in gold. Smart investors buy gold when the economy is booming and gold is cheap and sell towards the end of a recession when stocks are cheap and gold is high.
But your correct. Cash currency is always being created and destroyed. a destroyed(lost) bit coin is gone forever. In the short term lost bit coins increase the value of the remaining ones, but at one point the amount of bit coins lost will be greater than the remaining ones and the value will plummet.
I don't use my phone during meetings. but just sitting in a meeting for 10 minutes is enough to make me start yawning. Not because I am physically tired, but because in a meeting I can't stretch, twist, or other wise move. I may or may not have something to contribute, but just sitting in a meeting means I am not moving enough to keep awake.
Actually threaded view is the one thing I wish every client had.
But every implementation of threaded view sucks. The ability to add, or remove messages from a given thread must be allow and no one does it.
Then again I can be in 6 different conversations with the 4-8 people each referencing the same 6 different projects. I use folders, labels categories, and anything else I can, but those 6 projects last a week, and then 6 new ones come up. the email subjects can vary which breaks every conversation (threaded) view.
In outlook(work's choice) I resort to using folders and then categories(numbered 1-9) to at least partially tie them together. At home I just shrug.
The other thing I do with gmail is once a month download all emails via pop and archive them. sure gmail still has them in storage. but I have several backups of everything incase I really need to move.
you can just remove every instance of the word "technology" from your statement.
Wall street only cares about this quarter. six, twelve, twenty four months down the line is far to long for Wall street. Wall street is a legal form of gambling and nothing else. real investors who actually want companies to plan for the future stay away.
Take a look at Iridum. it took several bankruptcies before it became profitable. however if you look back at the original plans iridum still became profitable at roughly the same time it just took a lot of initial investment to get setup. but once setup up it is good. The thing is investors won't wait 20 years for profits they want them next quarter.
The fact is in the USA in the last 30 to 40 years the republican party has moved to where I am not sure but the facts are just plain funny.
I see conservatives rant and rave and blame obama, but then admit both parties are screwing things up. I see them get all pissy about government spending and taxes, yet at the same time wonder why the roads have pot holes, the schools are losing programs, bridges are falling down, etc.
a simple fact is that conservatives and so called republicans use 55-60% of social security, medicare and medicaid.(Older people tend to be or have become more conservative as they aged). Yet those same people believe they are entitled to those services. They refuse to stand up for their own beliefs.
Except the lithium stores a fraction of the energy and when lithuim goes well it makes hydrogen look like a sparkler.
Chemical batteries don't have either the juice nor transfer rate needed for mass transit. I can get in my car and drive until it runs out of gas, refill, swap drivers and continue on in 10 minutes covering a thousand miles a day easy.
Battery powered vehicles can't go 20% of that in a day
hint. 99% of the population tosses a computer when the hardware stops performing as it is cheaper to replace the whole machine, than to spend $200 upgrading the processor, memory, or video card of a $400 computer.
Hell usually by the time the computer components are starting to die it is time to replace everything anyways as you can get a better processor(faster better power management), better video card, bigger drive etc.
The only time replacable parts are useful is for servers. where they will break down more often.
Well it took the NSA the snowden leaks before they implemented a 2 man sysadmin rule. the only way to teach half the population that fire is hot is by sticking their hands in the fire.
The only way to prove that you need security is by letting them get burned by the lack of it a couple of times.
Slashdot Mirror
Damn Yankee Northerners do not have rednecks.
They have Farm Boy Engineer's.
contactless systems are not instant. you still have to wait for the system to access the network, verify the transaction. not printing a receipt saves a little time, but not much. I have timed it just for fun at various retailers. 70% of retailers in the US still can't take contact less cards.
Also for most credit cards, purchases under $25-$50 depending on card/retailer you don't sign for. also my credit cards don't work in the UK unless I call and ask for them to be used there(which I have when traveling)
I never said pin transactions take longer, I said they are not faster.
I don't ,chip and pin have known flaws, are barely more secure than regular cards, and new the majority of new terminals aren't even the NFC swipe it over type after 10 years.
Let alone at the end of the day each transaction takes longer than magnetic strip ones. I have yet to see a compelling reason.
I had a card that used NFC to tap and go. in general the average transaction took just as long to do as handing my card over or swiping the card myself.
do you know how much a cruise missile costs? $500,000 to $2 million depending on "features and optional extras"
$17 million is literally chump change to the us military i am almost surprised they wasted time looking at all.
the trick is only active accounts generate ad revenue. without people Facebook has nothing to sell(you) to its customers(ad companies)
the problem there is no group that wants to actually do that.
You would need a massive campaign to get out to the people with the right and very simple message, detailing very simple requirements, to force enough people to demand action.
The tea Parties response to curbing these leaks is larger government. The republican response to curbing these leaks is larger government. The democrats don't care for the larger government but they are not opposed to it either.
and yet you know nothing of how much a business needs to earn to pay a single person $40k a year.
Just because the company has $120,000 in revuene, doesn't mean the owner earned $120k. Now you have to take off expenses which is on that figure probably close to 95% of it.(depending on how the equipment was purchased)
you forgot "conservatives" claim to be for smaller government so what did the Patriot act Author decide on how to fix the law that he said was being abused? to hire and fund a special law firm that can handle top secret clearance to be an "independent" advocate.
how much money does a specialized law firm with the appropriate clearances cost? tens of millions annually. Sure it is a drop in the bucket but no tea party or republican actually want smaller government.
That's discounting other sources of iginition. Fuel fires are not the primary cause of car fires.
Catalytic converters, voltage regulators, and alternators also play significant roles. Devices used to generate and manage variable electrical loads cause more fires.
I gave a guy a jump start one day and watched his car catch on fire.
His voltage regulator was damaged and literally burned up before our eyes. I was able to disconnect my cables which put out most of the fire(it being electrical and some plastic).
I felt sorry for the guy I tried to help him and watched his day turn much worse.
Car fire happens all the time. they will happen with lithium batteries too.
Fuel is an even more dangerous point of failure. I mean carrying around explosive burn liquids while traveling at high speed doesn't make any sense.
I understand all that you said but I have to point out just one thing.
a human sized clippy costume? that is the most terrifying thing I have ever heard of. that ranks higher than clown, advertisers, lawyers and politicians.
It seems you don't understand scarcity. Understandable like quantum mechanics it appears normal until you hit edge cases were everything goes backwards.
Let's say the Mona Lisa is the last surviving piece of DA Vinci's work. No notes, books, or stories are left. How valuable is it? The answer is in reality nothing. There is no more DA Vinci, so there is no value in a random old painting. Since we don't know who or what he was the result is the value plummets.
Bitcoin has a finite life. After all the coins are mined. There is no way to inject more into the system. Take cash. When cash was based on gold the value only increased as governments hoarded gold. However it took centuries for value to increase. As we slowly moved away from physical currency to perceived value(banks no longer had to keep your Cash on hand plus interest). The perceived value has rocketed upwards. More value, currency was created in the last 100 years than in the previous 1000.
Bitcoin though unlike cash has a real world limit. 21 million to the 8th power. However as coins are no longer usable(passwords lost, files lost,) the short term value goes up but at one point the number of coins lost will be worth more than the coins in circulation. Shortly after that, bitcoins will crash in value.
I moved east not west.
however I moved from upstate ny to Boston,
and it is unsettling to have the sun up earlier and setting earlier.
When it becomes harder and harder to acquire something it values only increases to a point(a ridiculously high point ) however bit coins have a finite shelf life. when all the coins have been mined, and nothing new is really being added, the amount of lost coins will overtake the value of the remaining coins. Cash currency works because new cash is being generated continuously. Even if the Fed cut back on bond buying, etc. they would still be printing new cash to offset losses of broken. Bitcoins have a finite limit as to how much new can be created.
Lastly bit coins are funny. they start at 21 million coins and keep making them smaller and smaller which is possible but really screws with pricing. you sell a service for 1 bit coin and then 1/2 a coin and 1/4 etc. Trying to price out a service and one week later your either charging double, or triple the rate.
Don't get me wrong bit coins won't devalue overnight. they have many years left. Then a new version will come out and bit coins will crash a couple of years later.
no but when 45% of the students fail and it is material they have learned and passed in other tests then the test itself is a failure.
Half the problem of word problems is English is a horrible language. I before E except after C unless your an glacier efficient ancient person.
time zones exist because the sun sets later in the west than it does in the east. It was a fact I knew but didn't fully grasp until I moved 400 miles east along roughly the same latitude in the same eastern time zone. We were sitting outside enjoying a camp fire on the summer solstice when some one asked when the sun would set. Having spent many a summer outside at my previous place I knew it would roughly be 9pm. however I didn't take into account the difference 400 miles makes. The sun really set 30 minutes earlier.
Now in a corporate world time zones only matter in relation to when other people will be at their desks. However in the real world, where one has kids, and after school sports, hell even trick or treating, it makes all the difference in the world. Those on the eastern edge will always be screwed by things shutting down earlier. As so much just can't be done after dark, and it gets really expensive to light up every field, park, and body of water just to be able to live life after work.
I would like to point out Gold goes up whenever the stock market goes down hard. in every recession there is a spike in gold. Smart investors buy gold when the economy is booming and gold is cheap and sell towards the end of a recession when stocks are cheap and gold is high.
But your correct. Cash currency is always being created and destroyed. a destroyed(lost) bit coin is gone forever. In the short term lost bit coins increase the value of the remaining ones, but at one point the amount of bit coins lost will be greater than the remaining ones and the value will plummet.
I don't use my phone during meetings. but just sitting in a meeting for 10 minutes is enough to make me start yawning. Not because I am physically tired, but because in a meeting I can't stretch, twist, or other wise move. I may or may not have something to contribute, but just sitting in a meeting means I am not moving enough to keep awake.
Actually threaded view is the one thing I wish every client had.
But every implementation of threaded view sucks. The ability to add, or remove messages from a given thread must be allow and no one does it.
Then again I can be in 6 different conversations with the 4-8 people each referencing the same 6 different projects. I use folders, labels categories, and anything else I can, but those 6 projects last a week, and then 6 new ones come up. the email subjects can vary which breaks every conversation (threaded) view.
In outlook(work's choice) I resort to using folders and then categories(numbered 1-9) to at least partially tie them together. At home I just shrug.
The other thing I do with gmail is once a month download all emails via pop and archive them. sure gmail still has them in storage. but I have several backups of everything incase I really need to move.
you can just remove every instance of the word "technology" from your statement.
Wall street only cares about this quarter. six, twelve, twenty four months down the line is far to long for Wall street. Wall street is a legal form of gambling and nothing else. real investors who actually want companies to plan for the future stay away.
Take a look at Iridum. it took several bankruptcies before it became profitable. however if you look back at the original plans iridum still became profitable at roughly the same time it just took a lot of initial investment to get setup. but once setup up it is good. The thing is investors won't wait 20 years for profits they want them next quarter.
This needs to get modded up to 11
The fact is in the USA in the last 30 to 40 years the republican party has moved to where I am not sure but the facts are just plain funny.
I see conservatives rant and rave and blame obama, but then admit both parties are screwing things up. I see them get all pissy about government spending and taxes, yet at the same time wonder why the roads have pot holes, the schools are losing programs, bridges are falling down, etc.
a simple fact is that conservatives and so called republicans use 55-60% of social security, medicare and medicaid.(Older people tend to be or have become more conservative as they aged). Yet those same people believe they are entitled to those services. They refuse to stand up for their own beliefs.
Except the lithium stores a fraction of the energy and when lithuim goes well it makes hydrogen look like a sparkler.
Chemical batteries don't have either the juice nor transfer rate needed for mass transit. I can get in my car and drive until it runs out of gas, refill, swap drivers and continue on in 10 minutes covering a thousand miles a day easy.
Battery powered vehicles can't go 20% of that in a day
hint. 99% of the population tosses a computer when the hardware stops performing as it is cheaper to replace the whole machine, than to spend $200 upgrading the processor, memory, or video card of a $400 computer.
Hell usually by the time the computer components are starting to die it is time to replace everything anyways as you can get a better processor(faster better power management), better video card, bigger drive etc.
The only time replacable parts are useful is for servers. where they will break down more often.
Well it took the NSA the snowden leaks before they implemented a 2 man sysadmin rule. the only way to teach half the population that fire is hot is by sticking their hands in the fire.
The only way to prove that you need security is by letting them get burned by the lack of it a couple of times.