A big part is driven by the "underworld", China, likely Russia, and likely DPRK. The "investors" dumping money into Bitcoin are a very different group with diverse interests. When you add in the prospect of bitcoin futures... it all gets really foggy... really quickly.
The transaction volume of the crash is what I expect to destroy it, but time will tell.
Where the IRS smells money they will come after you. All they need to do is require the exchanges to report all accounts with proceeds in excess of ~$10k for the last n years, and they will send you a bill for everything you sold. (They don't deduct the cost of the bitcoins in that bill.)
It is a very stressful letter to get. Got one back in 2003 and it scared the living shit out of me.
What happens when the value drops x%? Transaction volume goes up. How quickly will those transactions be added to the blockchain? Who controls that process? Currently the blockchain is at just under 500k transactions per day, and appears to have a significant backlog in confirming transactions.
The hype looks like it is posed to last a bit longer, but some people are really going to get caught with their pants down the way I see it; there is no easy de-escalation strategy.
This is talking more about bags like g-ro, which are advertised as being able to charge your devices. Specific to the g-ro, it tie really just a pouch for a battery brick with integrated cables that theoretically make it easier to charge. I don’t think they are talking about things like Tile, which you can use to track your bag.
Nuclear can't easily throttle back to 50% output during the day, so an all-nuclear solution doesn't work either.
Solar plus moderate storage is great for covering the delta between ~120% of the daily low and peak for 14 hours in the summer and 9 in the winter. Wind is great for throttling back gas plants when it is available-- generally at something like 50-80% of the base load demand. Hydro can be a direct substitute for gas. Nuclear just works well for the bottom 10-20% of the base load (minimum daily load).
The problem with nuclear is simple economics. Neither the U.K. nor the US can build nuclear power plants today that are economically viable; in Georgia Plant Vogtle 3&4 are now likely to be cancelled due to cost overruns (and an incomplete design).
If you could build it safe, cheap, on schedule, and manage the waste problem it would be a different story. Right now, even "safe" poses a significant challenge and everything else is out the window.
Also add in cement and similar kiln-fired products. Hard to make electric work at scale, and if you did it would be inherently less efficient as a high temperature heat source.
No; it is a natural monopoly. If it costs $500 for every household you "pass" in a city or town (assuming near-zero permitting costs) then with 100% uptake your monthly capital recovery for the fiber is $6.55. If you have 50% then we are looking at $13.10. Once we drop to 30% uptake, we are around $20/month just for the fiber in the ground. $20 capital recovery would mean a monthly cost of around $100 to cover peering, repairs, core infrastructure, customer support, etc., at a minimum. Too many competitors and the economics simply don't work.
Do you remember watching Netflix back then? ISPs would force Netflix traffic over congested links so people felt like they still needed Cable TV for Real Entertainment. A simple example, but a quite clear one.
The provider "fast lanes" were a similar ploy, favoring certain content.
In that position, the ISP can pick the winners and losers. Since the ISP is in a monopoly position, the customer has zero power to switch and remedy the situation.
I get a few of the reasons why ISPs shouldn't be bridled by "common carrier" rules, but with players like Comcast and Frontier they have repeatedly shown that they do not act in good faith.
Back when I was a wee lad at my first job out of college I skimped and saved, and on a salary at the time of ~$35k, I managed to save about $3k in a year that I put towards my brokerage account. That habit about 4 years later let me retire for two years.
It isn't a great way to live your entire life, but money that you let compound for 40+ years can make a meaningful difference in your life. Future value of an $850/year annuity is $1MM at 10% interest after 50 years.
Using the animoji as an example, there are a number of interesting ways for a user to interact with an app with the face ID dot projector.
My gut feeling though is that the data is so limited that this generation is nothing to get your knickers in a twist.
What I would love to see is facial recognition scoring from the FaceID system. So far, I am a little disappointed at simple things it can't do... like track attention while in landscape rotation.
Solar is very predictable; easy enough to plan for and work around. The problem with "too much" solar is when it exceeds about 75% of base load requirements. The problem with dumb grids is that protection for reverse power flows and disparate flow on individual circuits... along with overloading transformers.
Wind is much harder though. It cycles on a multi-day basis, which makes it harder to rely on except as a low-cost source when other dispatchable sources can easily be curtailed.
Microgrids with HVDC interconnects address a number of issues, but wind is hard to make work without a fully dispatchable power source/sink. The best one available today is large hydro, but there are significant (environmental) issues with constructing more.
The microgrids will always need a fossil fuel plus battery backup, as best I can see with the numbers available to me.
Might work for nationalist interests, but clearly against the goals of global commmunication. Also, clearly obtuse to bring BRICS into it as you lack common language and national objectives for some kind of unified system. Seems more like cover for saying Russia is effectively disconnecting from the internet.
Moreover, it is clearly too little, too late. After Equifax, the cat is out of the bag. Emphasis at this point needs to be shielding consumers from the costs and inconvenience of identity theft.
You have 18-20 minutes of stops along the blue line, plus a lengthy walk to the station (at least from Terminal 1).
I think the interesting part of it is that it could be more than just an airport - Loop route; it could actually alleviate freeway traffic some as well.
The benefit Musk brings is the ability to use small diameter tunnels with less infrastructure than a train tunnel. Specific to ORD, his system {c|w}ould stop at all terminals and have multiple drop-off points within and around the Loop. Rail is much harder to make that work, at least cost-effectively. The solution could also economically be expanded to serve areas north and south.
The only real questions are: could it provide the needed level of service, and can he deliver?
Underground vs elevated... there are some interesting property rights issues in Chicago relative to the railroads-- the air rights are sold, but not sure about the sub-grade rights (and if he can bore through deep foundations...).
Slashdot Mirror
A big part is driven by the "underworld", China, likely Russia, and likely DPRK. The "investors" dumping money into Bitcoin are a very different group with diverse interests. When you add in the prospect of bitcoin futures... it all gets really foggy... really quickly.
The transaction volume of the crash is what I expect to destroy it, but time will tell.
Where the IRS smells money they will come after you. All they need to do is require the exchanges to report all accounts with proceeds in excess of ~$10k for the last n years, and they will send you a bill for everything you sold. (They don't deduct the cost of the bitcoins in that bill.)
It is a very stressful letter to get. Got one back in 2003 and it scared the living shit out of me.
The paperwork will include explaining what all your other proceeds were when IRS demands records from the exchange.
Except when you look at how it can crash.
What happens when the value drops x%? Transaction volume goes up. How quickly will those transactions be added to the blockchain? Who controls that process? Currently the blockchain is at just under 500k transactions per day, and appears to have a significant backlog in confirming transactions.
The hype looks like it is posed to last a bit longer, but some people are really going to get caught with their pants down the way I see it; there is no easy de-escalation strategy.
This is talking more about bags like g-ro, which are advertised as being able to charge your devices. Specific to the g-ro, it tie really just a pouch for a battery brick with integrated cables that theoretically make it easier to charge. I don’t think they are talking about things like Tile, which you can use to track your bag.
A chance to screw over two blue states... he will compromise.
Nuclear can't easily throttle back to 50% output during the day, so an all-nuclear solution doesn't work either.
Solar plus moderate storage is great for covering the delta between ~120% of the daily low and peak for 14 hours in the summer and 9 in the winter. Wind is great for throttling back gas plants when it is available-- generally at something like 50-80% of the base load demand. Hydro can be a direct substitute for gas. Nuclear just works well for the bottom 10-20% of the base load (minimum daily load).
The problem with nuclear is simple economics. Neither the U.K. nor the US can build nuclear power plants today that are economically viable; in Georgia Plant Vogtle 3&4 are now likely to be cancelled due to cost overruns (and an incomplete design).
If you could build it safe, cheap, on schedule, and manage the waste problem it would be a different story. Right now, even "safe" poses a significant challenge and everything else is out the window.
Also add in cement and similar kiln-fired products. Hard to make electric work at scale, and if you did it would be inherently less efficient as a high temperature heat source.
Same goes for steel with coke.
Well... paid prioritization benefits the customer in that they get a premium service for no additional cost.
The problem is that history tells us that corporations will try to maximize profits, so they will bilk everyone they can.
No; it is a natural monopoly. If it costs $500 for every household you "pass" in a city or town (assuming near-zero permitting costs) then with 100% uptake your monthly capital recovery for the fiber is $6.55. If you have 50% then we are looking at $13.10. Once we drop to 30% uptake, we are around $20/month just for the fiber in the ground. $20 capital recovery would mean a monthly cost of around $100 to cover peering, repairs, core infrastructure, customer support, etc., at a minimum. Too many competitors and the economics simply don't work.
Do you remember watching Netflix back then? ISPs would force Netflix traffic over congested links so people felt like they still needed Cable TV for Real Entertainment. A simple example, but a quite clear one.
The provider "fast lanes" were a similar ploy, favoring certain content.
In that position, the ISP can pick the winners and losers. Since the ISP is in a monopoly position, the customer has zero power to switch and remedy the situation.
I get a few of the reasons why ISPs shouldn't be bridled by "common carrier" rules, but with players like Comcast and Frontier they have repeatedly shown that they do not act in good faith.
Back when I was a wee lad at my first job out of college I skimped and saved, and on a salary at the time of ~$35k, I managed to save about $3k in a year that I put towards my brokerage account. That habit about 4 years later let me retire for two years.
It isn't a great way to live your entire life, but money that you let compound for 40+ years can make a meaningful difference in your life. Future value of an $850/year annuity is $1MM at 10% interest after 50 years.
Using the animoji as an example, there are a number of interesting ways for a user to interact with an app with the face ID dot projector.
My gut feeling though is that the data is so limited that this generation is nothing to get your knickers in a twist.
What I would love to see is facial recognition scoring from the FaceID system. So far, I am a little disappointed at simple things it can't do... like track attention while in landscape rotation.
Good article, but party foul for the fact that you wrote it in the first place...
Solar is very predictable; easy enough to plan for and work around. The problem with "too much" solar is when it exceeds about 75% of base load requirements. The problem with dumb grids is that protection for reverse power flows and disparate flow on individual circuits... along with overloading transformers.
Wind is much harder though. It cycles on a multi-day basis, which makes it harder to rely on except as a low-cost source when other dispatchable sources can easily be curtailed.
Microgrids with HVDC interconnects address a number of issues, but wind is hard to make work without a fully dispatchable power source/sink. The best one available today is large hydro, but there are significant (environmental) issues with constructing more.
The microgrids will always need a fossil fuel plus battery backup, as best I can see with the numbers available to me.
Proud to say my fellow namesakes all supported net neutrality.
There was one shill that didn't, but his first is my last and vice versa... and clearly a partisan hack.
Might work for nationalist interests, but clearly against the goals of global commmunication. Also, clearly obtuse to bring BRICS into it as you lack common language and national objectives for some kind of unified system. Seems more like cover for saying Russia is effectively disconnecting from the internet.
Moreover, it is clearly too little, too late. After Equifax, the cat is out of the bag. Emphasis at this point needs to be shielding consumers from the costs and inconvenience of identity theft.
You have 18-20 minutes of stops along the blue line, plus a lengthy walk to the station (at least from Terminal 1).
I think the interesting part of it is that it could be more than just an airport - Loop route; it could actually alleviate freeway traffic some as well.
RFQ can also be request for Qualifications. A request for a quote is generally an RFP, Request for Proposal.
That is a solved problem.
The benefit Musk brings is the ability to use small diameter tunnels with less infrastructure than a train tunnel. Specific to ORD, his system {c|w}ould stop at all terminals and have multiple drop-off points within and around the Loop. Rail is much harder to make that work, at least cost-effectively. The solution could also economically be expanded to serve areas north and south.
The only real questions are: could it provide the needed level of service, and can he deliver?
Underground vs elevated... there are some interesting property rights issues in Chicago relative to the railroads-- the air rights are sold, but not sure about the sub-grade rights (and if he can bore through deep foundations...).
The problem is that with the way the airline industry works, once the "system" approves your bids it is a contractual obligation between both parties.
It will be fixed, the question is just how much money extra it will cost American.
Transaction time is actually a benefit of the futures-- lock in the price externally with your "insurance" futures.
What could possibly go wrong...