Money is (mostly) IOUs and you/we/they need to keep the money supply increasing in step with the size of the economy or REALLY bad things happen.
But yes, You/We/They do need to be concerned about how many IOUs are written (and who ends up with them). Too many can be just as bad as too few. Sometimes worse.
None of which has much to do with cryptocurrencies which would seem to have less intrinsic value than S&H Green Stamps https://en.wikipedia.org/wiki/... Apparently, you can still redeem your Grandmother's Green Stamps.
Perhaps "Money, Whence it came from Where it went" by J.K.Galbraith
But in the specific case of cryptocurrency, it might be a good idea to start with "Extraordinary Popular Delusions and the Madness of Crowds”, written by the Scottish journalist Charles Mackay
A personalized bus. Not an awful idea. There is the non-trivial problem of how you and your ride identify each other in a tangle of 2000 pedestrians, 716 of whom are waiting for their transportation to arrive, and 336 vehicles. Not counting the 415 vehicles trying to find their way to your area to pick up passengers and the 296 vehicles who have picked up one or more passengers and are trying to exit the area.
Congestion? Baby, you haven't seen congestion yet.
"Anyway the thing is impressive, but as with many impressive things, practical applications may be elusive."
It is indeed impressive. There just **HAS** to be some way to get these things to mine cryptocurrency. And a minimum of three ways they can be used to bypass Windows security.
You're kidding, right? Every year or three, Google tweaks its security handling and plunges me into the weird world of Google account settings to sort something or other out before it'll let me see my email. I can't make head nor tail out of much of the stuff there without a lot of research, and probably don't actually understand half the stuff I think I understand.. Neither, I'm quite sure, can 99% of Google users.
Who, exactly, is going to pay to use this privatized Space Station? How much?... And for what purpose?
I'd love to see the business plan for this operation.
Not that I'm against selling this orbiting turkey off -- assuming that the other stakeholders the US sucked in after we discovered (surprise!) that space stations are expensive, are on board. I'm just curious who they think they are going to sell it to.
Why the hell would I want to pay a Mexican to scratch my car's paint? I can do that myself.... If I ever washed my car.... Which I don't. If God wanted my car clean, she'd conjure up a rainstorm.
Add to the list worn out ribbons for ribbon printers, tired/damaged drums for laser printers, plugged cartridges for inkjets, and broken pins for dot matrix.
"I share your concern. This is Slashdot. We can't be expected to, like, read the actual article."
That's too bad, because it turns out to be a REALLY GOOD article -- informative and very well written.
The answer turns out to be that paper is awful stuff. Its properties aren't uniform and vary with supplier and climate. And printers are trying to move the stuff precisely and quickly.
From the article: "Tesla reported record revenue for 2017, floated by customer deposits of the recently announced Semi truck and Roadster sports car...."
Apparently they really are booking the deposits as revenue. That's not entirely unreasonable. My belief is that the IRS to expects you to report income in the year that you get constructive use of the funds. Unless Tesla is putting the deposits in escrow, I reckon they'd probably have to book the deposits as revenue.
I have no idea what GAAS says you should do wrt to the future costs associated with the transaction. Perhaps they are booking some sort of offsetting debit for the expected future costs of manufacturing the goods.... or maybe not.
While there are worse places to be stuck than Montreal, but one wonders if the ship was properly designed and provisioned to winter-over comfortably in Montreal's sub-arctic Winter. There's a picture at https://i.cbc.ca/1.4501115.151...
Look at the bright side. At least their new frigate isn't stuck in a foreign port (Montreal) waiting for the ice to break up -- probably in March. https://www.washingtonpost.com... the-navy-built-a-fast-agile-warship-for-440m-its-been-stuck-in-ice-since-christmas-eve/
More important is that Tesla's competitors didn't just fall off a turnip truck. They are perfectly capable of and are building EVs, hybrids and plug-in hybrids. In the mass market, their offerings look quite competitive with Tesla. Maybe better. In some cases cheaper. It's far from clear that the Model 3 can sell in huge numbers at a price that will allow Tesla to make profits, pay down its debt, and eventually return cash to investors.
Let me get this straight. Tesla is booking significant revenue from cars they haven't yet built and likely won't build for years and THEY ARE STILL LOSING MONEY? Did Elon take a business management course from Donald Trump?
Yes, Tesla has a great story, but...
Not all great stories have a happy ending. In this case, there may be a great success story. But looks like there is a significant chance that the company name and some products will survive as a division of some other car maker, but the current investors and bondholders will end up with nothing more than a tax writeoff.
But no, it definitely doesn't look like something coming out of some labBut no, it definitely doesn't look like something coming out of some lab"
If it came out of a lab, odds are that it's have a prominent copyright notice built into it's shell, and you'd owe Monsanto 3 cents for each one you ate.
I would imagine that anyone who knows anything about Uber has been excluded from the jury. Moreover, the evidence of Uber's numerous (alleged) indiscretions probably won't be given to the jury unless it is somehow directly relevant to the case.
Nonetheless, I reckon I'd rather be a Waymo lawyer than an Uber lawyer. I don't think trying to defend Uber in this case is going to be much fun.
Not really. I'd find it very inconvenient to live in the suburbs without a car. But I certainly didn't own a car when I lived in Tokyo and my daughter, who lives in New York City doesn't own a car and likes in that way. I think the big problem is parking. Parking in the high density areas of cities tends to be insanely expensive and is ongoing aggravation. Worse aggravation than lugging groceries on public transportation. Who needs ongoing aggravation? And when you do take the car out, where are you going to park it?
You need to have vision laddie. If you come to the rent-seeking party only when self driving cars become available, there may be naught but crumbs available because all the profitable franchises have been locked down by forward thinking innovators.
BTW, What do you want to bet that the "Shared Mobility Principles for Livable Cities" includes getting rid of slow, dangerous, dirty, public transportation services and banning inefficient government run taxis and ride sharing?
"I guess the banks didn't learn much from the Great Recession."
Of course they learned something. They learned that if you screw up badly enough, the government will bail you out.
What they didn't learn is that there likely are probably limits to the ability of the government to prop things up. What you and I should worry about is the apparent determination of the Republican party to test those limits by resurrecting the same loose money, anti-regulation policies that failed spectacularly in the 2000s.
Is this sucker gonna crash eventually? Most likely, yes.
"Who do they think they are stopping me from purchasing a totally legal 'thing' with the card? "Volatility" of my purchase is none of their concern, only concern they have is if i pay my bill."
Credit card companies are sort of like a mixture of a bank and a casino. They lend money short-term, collect fees, pay their operating expenses, eat a few losses when a client joins ISIS or enters a monastery or is tossed into a penitentiary with a substantial unpaid bill. They get to keep whatever is left over. They have to manage risk.
I would guess that they had a meeting and gamed out some schemes for defrauding their operation via cryptocurrency purchases. And they decided that there were entirely too many such schemes. Nothing like a nebulous "asset" whose ownership is obscured purchased from sources who charge unpredictable fees and have a tendency to evaporate, to make a money guy nervous.
Anyway, it's their house, you play by their rules.
So, pay for your cryptocurrency with a check or EFT transfer, or a money order or cash. If you need a short term loan, try a payday lender.
I believe that the current front runner in the new national anthem contest is Donald Trump, Mike Pence,Mitch McConnell, and Paul Ryan singing "The Road Goes On Forever And The Party Never Ends" https://www.youtube.com/watch?...
Slashdot Mirror
Money is (mostly) IOUs and you/we/they need to keep the money supply increasing in step with the size of the economy or REALLY bad things happen.
But yes, You/We/They do need to be concerned about how many IOUs are written (and who ends up with them). Too many can be just as bad as too few. Sometimes worse.
None of which has much to do with cryptocurrencies which would seem to have less intrinsic value than S&H Green Stamps https://en.wikipedia.org/wiki/... Apparently, you can still redeem your Grandmother's Green Stamps.
Perhaps "Money, Whence it came from Where it went" by J.K.Galbraith
But in the specific case of cryptocurrency, it might be a good idea to start with "Extraordinary Popular Delusions and the Madness of Crowds”, written by the Scottish journalist Charles Mackay
Both are actually fun reads.
"Now that sounds a lot like a bus"
A personalized bus. Not an awful idea. There is the non-trivial problem of how you and your ride identify each other in a tangle of 2000 pedestrians, 716 of whom are waiting for their transportation to arrive, and 336 vehicles. Not counting the 415 vehicles trying to find their way to your area to pick up passengers and the 296 vehicles who have picked up one or more passengers and are trying to exit the area.
Congestion? Baby, you haven't seen congestion yet.
That's if the vehicle software is written by a car maker. From Silicon Valley, you'll get the more concise form
"ERROR 506B -- Rebooting"
"Anyway the thing is impressive, but as with many impressive things, practical applications may be elusive."
It is indeed impressive. There just **HAS** to be some way to get these things to mine cryptocurrency. And a minimum of three ways they can be used to bypass Windows security.
"Setup Advanced Protection for Google."
You're kidding, right? Every year or three, Google tweaks its security handling and plunges me into the weird world of Google account settings to sort something or other out before it'll let me see my email. I can't make head nor tail out of much of the stuff there without a lot of research, and probably don't actually understand half the stuff I think I understand.. Neither, I'm quite sure, can 99% of Google users.
Who, exactly, is going to pay to use this privatized Space Station? How much? ... And for what purpose?
I'd love to see the business plan for this operation.
Not that I'm against selling this orbiting turkey off -- assuming that the other stakeholders the US sucked in after we discovered (surprise!) that space stations are expensive, are on board. I'm just curious who they think they are going to sell it to.
Why the hell would I want to pay a Mexican to scratch my car's paint? I can do that myself. ... If I ever washed my car. ... Which I don't. If God wanted my car clean, she'd conjure up a rainstorm.
Add to the list worn out ribbons for ribbon printers, tired/damaged drums for laser printers, plugged cartridges for inkjets, and broken pins for dot matrix.
"I share your concern. This is Slashdot. We can't be expected to, like, read the actual article."
That's too bad, because it turns out to be a REALLY GOOD article -- informative and very well written.
The answer turns out to be that paper is awful stuff. Its properties aren't uniform and vary with supplier and climate. And printers are trying to move the stuff precisely and quickly.
This is the 21st Century. We come home and eat nachos.
How are trains at parallel parking?
From the article: "Tesla reported record revenue for 2017, floated by customer deposits of the recently announced Semi truck and Roadster sports car...."
Apparently they really are booking the deposits as revenue. That's not entirely unreasonable. My belief is that the IRS to expects you to report income in the year that you get constructive use of the funds. Unless Tesla is putting the deposits in escrow, I reckon they'd probably have to book the deposits as revenue.
I have no idea what GAAS says you should do wrt to the future costs associated with the transaction. Perhaps they are booking some sort of offsetting debit for the expected future costs of manufacturing the goods. ... or maybe not.
Different ship. The ship stuck in Montreal is the USS Little Rock. There's a visual of ice conditions at http://ge.ssec.wisc.edu/modis-... -- clearly not moving for a while. Its current status is at http://www.marinetraffic.com/e...
While there are worse places to be stuck than Montreal, but one wonders if the ship was properly designed and provisioned to winter-over comfortably in Montreal's sub-arctic Winter. There's a picture at https://i.cbc.ca/1.4501115.151...
Look at the bright side. At least their new frigate isn't stuck in a foreign port (Montreal) waiting for the ice to break up -- probably in March. https://www.washingtonpost.com... the-navy-built-a-fast-agile-warship-for-440m-its-been-stuck-in-ice-since-christmas-eve/
More important is that Tesla's competitors didn't just fall off a turnip truck. They are perfectly capable of and are building EVs, hybrids and plug-in hybrids. In the mass market, their offerings look quite competitive with Tesla. Maybe better. In some cases cheaper. It's far from clear that the Model 3 can sell in huge numbers at a price that will allow Tesla to make profits, pay down its debt, and eventually return cash to investors.
Let me get this straight. Tesla is booking significant revenue from cars they haven't yet built and likely won't build for years and THEY ARE STILL LOSING MONEY? Did Elon take a business management course from Donald Trump?
Yes, Tesla has a great story, but ...
Not all great stories have a happy ending. In this case, there may be a great success story. But looks like there is a significant chance that the company name and some products will survive as a division of some other car maker, but the current investors and bondholders will end up with nothing more than a tax writeoff.
But no, it definitely doesn't look like something coming out of some labBut no, it definitely doesn't look like something coming out of some lab"
If it came out of a lab, odds are that it's have a prominent copyright notice built into it's shell, and you'd owe Monsanto 3 cents for each one you ate.
I would imagine that anyone who knows anything about Uber has been excluded from the jury. Moreover, the evidence of Uber's numerous (alleged) indiscretions probably won't be given to the jury unless it is somehow directly relevant to the case.
Nonetheless, I reckon I'd rather be a Waymo lawyer than an Uber lawyer. I don't think trying to defend Uber in this case is going to be much fun.
Not really. I'd find it very inconvenient to live in the suburbs without a car. But I certainly didn't own a car when I lived in Tokyo and my daughter, who lives in New York City doesn't own a car and likes in that way. I think the big problem is parking. Parking in the high density areas of cities tends to be insanely expensive and is ongoing aggravation. Worse aggravation than lugging groceries on public transportation. Who needs ongoing aggravation? And when you do take the car out, where are you going to park it?
"currently, there are no self-driving cars"
You need to have vision laddie. If you come to the rent-seeking party only when self driving cars become available, there may be naught but crumbs available because all the profitable franchises have been locked down by forward thinking innovators.
BTW, What do you want to bet that the "Shared Mobility Principles for Livable Cities" includes getting rid of slow, dangerous, dirty, public transportation services and banning inefficient government run taxis and ride sharing?
Banks protect YOU? ... Let me assure you, they couldn't care less about YOUR welfare. They are interested in THEIR welfare, not YOURS.
"I guess the banks didn't learn much from the Great Recession."
Of course they learned something. They learned that if you screw up badly enough, the government will bail you out.
What they didn't learn is that there likely are probably limits to the ability of the government to prop things up. What you and I should worry about is the apparent determination of the Republican party to test those limits by resurrecting the same loose money, anti-regulation policies that failed spectacularly in the 2000s.
Is this sucker gonna crash eventually? Most likely, yes.
"Who do they think they are stopping me from purchasing a totally legal 'thing' with the card? "Volatility" of my purchase is none of their concern, only concern they have is if i pay my bill."
Credit card companies are sort of like a mixture of a bank and a casino. They lend money short-term, collect fees, pay their operating expenses, eat a few losses when a client joins ISIS or enters a monastery or is tossed into a penitentiary with a substantial unpaid bill. They get to keep whatever is left over. They have to manage risk.
I would guess that they had a meeting and gamed out some schemes for defrauding their operation via cryptocurrency purchases. And they decided that there were entirely too many such schemes. Nothing like a nebulous "asset" whose ownership is obscured purchased from sources who charge unpredictable fees and have a tendency to evaporate, to make a money guy nervous.
Anyway, it's their house, you play by their rules.
So, pay for your cryptocurrency with a check or EFT transfer, or a money order or cash. If you need a short term loan, try a payday lender.
I believe that the current front runner in the new national anthem contest is Donald Trump, Mike Pence,Mitch McConnell, and Paul Ryan singing "The Road Goes On Forever And The Party Never Ends" https://www.youtube.com/watch?...