Because the author has a great new business plan for a startup selling contact lenses that includes AI to verify the prescription, and until he can drive the existing startup sweetheart out of the market, he's screwed...
I like having parts of my home "smart". My garage door, most of my lights, the thermostat, the fountain in the back - all are smart devices. I leave the house, the garage door automatically closes. When I return, and the system senses my presence, it opens up (I ride a motorcycle, no need to carry/fish for a remote). Lights come on when it's starting to get dark, turn off at my normal bedtime (easily overridden), outside lights turn off at sunrise, fountain turns off later in the evening and comes on about 30 minutes after sunrise, etc. Thermostat (furnace only - no cooling) is remote controlled, but stays in "low temp (62 degrees)" mode unless someone is home. Front door auto-locks after being unlocked for 3 minutes, and so on...
It's kind of nice to not have to worry about stuff being left on, unlocked, running when you're away. I also have a house full of SONOS speakers, and it's nice to be able to have music pretty much everywhere... Maybe I'm buying into the dystopian Big Brother future that so many here complain about - but it's convenient, and I haven't noticed any change in marketing/advertising to me...
The 2015 commercial fishery harvested a total of 110,507 salmon, with total landings of 1.3 million pounds and revenues of $8.1 million (NMFS 2017, PFMC 2016).
Now, if you want to talk about all the ESTIMATED add-on, they try to say it was $244 million. But the facts are the commercial fishery received $8.1 million for the salmon. Flat out. My quote for the AG sector was also for the direct income from sales of AG products, not "add-ons" that would inflate the number even higher.
Why more floods? Most of the world is looking at less than 1 foot change over the next century. Some places are looking at more - others are looking at less. But the vast majority are plugging along at a pretty sedate rate... If that is enough to cause a massive increase in insurance, then I hate to see what happens with a 15 MPH wind and a high tide, where your whitecaps might be 1 foot higher than normal...
Actually, storms are trending down. The cost to replace what was built is going up. Forty years ago, you could buy a 1300 square foot, 3 bedroom/1 bath home in Seattle for around $14,000. Meaning you could replace it for around $7,000. Now today, that same house would cost $400,000 to replace. Even if you have just one storm every 10 years, the costs to replace what is damaged escalates. Inflation and all, you know...
That is why I am a BIG fan of a flat tax. Not a scaled tax, a FLAT tax. The Federal Government will spend, this year, $4.1 trillion dollars. There are 323 million people in the US. That about $12,700 per man, woman and child in the US. I am all for handing everyone a bill for $12,700 and saying "pay up". Yes, I am serious. The ONLY way we will scale back Government is to literally force the vast majority of the US population to truly understand just how MUCH is being wasted "in their name". Pay to play. You want to be in the US? Here's your tax - $35 per day, per person. No, I am not kidding - I would love to see this implemented.
Got it, so BTC has a pretty stable exchange rate (so it is as easy as currency when purchasing things like cars, or clothes, or trips) with a pretty defined transaction time (essentially zero time, like currency or credit cards). It works with all financial institutions, like wire transfers (I wonder which bank or credit union does not accept wire transfers?) with a fixed price and a guaranteed delivery time.
It's nothing like margin, you are not forced to sell.
No, but you are forced to pay up. Buying speculative things like BTC on credit card means you WILL have to pay, and if you only have enough money to last for a few months of minimum payments on your CC, and BTC drops - the result is the same as buying on margin.
Credit card delinquency is above 2%. And a lot of people will take the "get rich quick" schemes that are being pushed as BTC. It's going to be an ugly bubble pop for a lot of people... Yeah, they're stupid for buying on credit (which they probably cannot afford; I know if I maxed out all my credit cards I would have a hard time paying the minimums), but it's going to happen. And over-leveraged with credit cards is like margin at your broker - you're borrowing money you don't have, to make a bet you think will win.
An awful lot of people are buying BTC with credit cards, and I would wager a large number of them are doing it with funds they don't have. Put $10,000 on your Visa, way 3 months, sell for 10X the amount and party! Right?
So where was he wrong? Because just a few posts up, people are claiming you basically bid to get your transaction processed, and that the average cost is quite a bit more than the $12 claimed here. So what is wrong about it?
So, basically, you "bid" on making your transaction faster? And the base fee of the transaction is somewhat variable anyway, depending upon the complexity of the transaction?
Why in a recent thread I was promised - PROMISED! - that BTC fees were the cheapest way to send money, and were nearly instantaneous! Who would have figured it would be otherwise???
Really? Is that why you posted in billions of dollars? Because when talking about percentages, most people talk about percentages - not dollars. Go ahead, best to slink away now and just realize you were wrong. Better yet, man up and admit it - and at least gain some sort of appreciation for what you said.
At the most generous, social programs and welfare are ~$1.4B. This includes medicaid, medicare, and welfare.
It's actually about 1000 times that, around $1.4 trillion.
. If you include social security (a fully funded and currently net profitable expense), you get to your $23B number
Again, off by a factor of 1000.
Alternatively, shift 1% of our military budget into NASA and get $60B
Off by a factor of 10. So pretty much every single number you quoted was off. Way off. Not just one simple mistake - EVERYTHING was a mistake. Sorry. Oh, and for the source? The source is what I linked to originally. You're welcome.
I know several. Purely an economic decision - she made more than he did, and the cost of him working was a push with child-care, so rather than have strangers raise the kids he quit and raised them. Also managed to keep the "honeydo" list quite short as well!
And even with all that, and mainly as an investment vehicle - it's seen a maximum of 16% volatility this year (from it's peak to its minimum). Gold is actually relatively stable - which is why it IS a good investment vehicle, it's relatively solid and stable, generally tracks inflation, not a lot of downside present - but not the potential for massive upside like the BTC bubble. It's also why gold is easy to convert to cash pretty much anywhere - because the price typically changes no more that a few dollars per ounce per day. Not effectively hundreds of dollars in a day like BTC.
Check your facts. Twenty four percent goes to Social Security, 26% goes to medical spending. Safety net is 9%, and interest on the debt is 6%. That's 65% right there. Sixteen percent is on defense/military. The balance is everything else. The military budget is $600 billion (and that includes salaries and pensions for soldiers and veterans). Shifting 1% will be $6 billion, not 60 billion. You're off by a few orders of magnitude in most of your numbers...
Gold sucks as a conductor, in comparison to silver and copper. Both of which are considerably lower cost AND lighter than gold. Gold does not oxidize, however - and that makes it valuable as a plating for connectors. It still has good conductivity, but does not build oxide layers which reduce the contact conductivity.
Slashdot Mirror
This is just a bunch of geeks playing Madlibs on a computer...
It's not Russia, but would 2015 and Israel, does that count?
Because the author has a great new business plan for a startup selling contact lenses that includes AI to verify the prescription, and until he can drive the existing startup sweetheart out of the market, he's screwed...
I believe the SONOS One speaker will play from your local repository, or from any streaming service supported by SONOS.
I like having parts of my home "smart". My garage door, most of my lights, the thermostat, the fountain in the back - all are smart devices. I leave the house, the garage door automatically closes. When I return, and the system senses my presence, it opens up (I ride a motorcycle, no need to carry/fish for a remote). Lights come on when it's starting to get dark, turn off at my normal bedtime (easily overridden), outside lights turn off at sunrise, fountain turns off later in the evening and comes on about 30 minutes after sunrise, etc. Thermostat (furnace only - no cooling) is remote controlled, but stays in "low temp (62 degrees)" mode unless someone is home. Front door auto-locks after being unlocked for 3 minutes, and so on...
It's kind of nice to not have to worry about stuff being left on, unlocked, running when you're away. I also have a house full of SONOS speakers, and it's nice to be able to have music pretty much everywhere... Maybe I'm buying into the dystopian Big Brother future that so many here complain about - but it's convenient, and I haven't noticed any change in marketing/advertising to me...
The 2015 commercial fishery harvested a total of 110,507 salmon, with total landings of 1.3 million pounds and revenues of $8.1 million (NMFS 2017, PFMC 2016).
Now, if you want to talk about all the ESTIMATED add-on, they try to say it was $244 million. But the facts are the commercial fishery received $8.1 million for the salmon. Flat out. My quote for the AG sector was also for the direct income from sales of AG products, not "add-ons" that would inflate the number even higher.
Why more floods? Most of the world is looking at less than 1 foot change over the next century. Some places are looking at more - others are looking at less. But the vast majority are plugging along at a pretty sedate rate... If that is enough to cause a massive increase in insurance, then I hate to see what happens with a 15 MPH wind and a high tide, where your whitecaps might be 1 foot higher than normal...
Actually, storms are trending down. The cost to replace what was built is going up. Forty years ago, you could buy a 1300 square foot, 3 bedroom/1 bath home in Seattle for around $14,000. Meaning you could replace it for around $7,000. Now today, that same house would cost $400,000 to replace. Even if you have just one storm every 10 years, the costs to replace what is damaged escalates. Inflation and all, you know...
That is why I am a BIG fan of a flat tax. Not a scaled tax, a FLAT tax. The Federal Government will spend, this year, $4.1 trillion dollars. There are 323 million people in the US. That about $12,700 per man, woman and child in the US. I am all for handing everyone a bill for $12,700 and saying "pay up". Yes, I am serious. The ONLY way we will scale back Government is to literally force the vast majority of the US population to truly understand just how MUCH is being wasted "in their name". Pay to play. You want to be in the US? Here's your tax - $35 per day, per person. No, I am not kidding - I would love to see this implemented.
Really? The 2015 salmon fishery in California had a commercial value of $8.1 million. California's agriculture was around $46 billion in 2013 So AG is about 5700 times as large as the salmon fishery. Since half the surface water in California is used for Environmental purposes, and AG is only about 40%, then it would seem we could add about $46 billion in more AG by re-purposing that delta smelt flow...
Got it, so BTC has a pretty stable exchange rate (so it is as easy as currency when purchasing things like cars, or clothes, or trips) with a pretty defined transaction time (essentially zero time, like currency or credit cards). It works with all financial institutions, like wire transfers (I wonder which bank or credit union does not accept wire transfers?) with a fixed price and a guaranteed delivery time.
It's nothing like margin, you are not forced to sell.
No, but you are forced to pay up. Buying speculative things like BTC on credit card means you WILL have to pay, and if you only have enough money to last for a few months of minimum payments on your CC, and BTC drops - the result is the same as buying on margin.
Credit card delinquency is above 2%. And a lot of people will take the "get rich quick" schemes that are being pushed as BTC. It's going to be an ugly bubble pop for a lot of people... Yeah, they're stupid for buying on credit (which they probably cannot afford; I know if I maxed out all my credit cards I would have a hard time paying the minimums), but it's going to happen. And over-leveraged with credit cards is like margin at your broker - you're borrowing money you don't have, to make a bet you think will win.
An awful lot of people are buying BTC with credit cards, and I would wager a large number of them are doing it with funds they don't have. Put $10,000 on your Visa, way 3 months, sell for 10X the amount and party! Right?
I am vegan! I just like my vegetables to first be processed into meat...
So where was he wrong? Because just a few posts up, people are claiming you basically bid to get your transaction processed, and that the average cost is quite a bit more than the $12 claimed here. So what is wrong about it?
So, basically, you "bid" on making your transaction faster? And the base fee of the transaction is somewhat variable anyway, depending upon the complexity of the transaction?
Why in a recent thread I was promised - PROMISED! - that BTC fees were the cheapest way to send money, and were nearly instantaneous! Who would have figured it would be otherwise???
Really? Is that why you posted in billions of dollars? Because when talking about percentages, most people talk about percentages - not dollars. Go ahead, best to slink away now and just realize you were wrong. Better yet, man up and admit it - and at least gain some sort of appreciation for what you said.
At the most generous, social programs and welfare are ~$1.4B. This includes medicaid, medicare, and welfare.
It's actually about 1000 times that, around $1.4 trillion.
. If you include social security (a fully funded and currently net profitable expense), you get to your $23B number
Again, off by a factor of 1000.
Alternatively, shift 1% of our military budget into NASA and get $60B
Off by a factor of 10. So pretty much every single number you quoted was off. Way off. Not just one simple mistake - EVERYTHING was a mistake. Sorry. Oh, and for the source? The source is what I linked to originally. You're welcome.
I know several. Purely an economic decision - she made more than he did, and the cost of him working was a push with child-care, so rather than have strangers raise the kids he quit and raised them. Also managed to keep the "honeydo" list quite short as well!
And even with all that, and mainly as an investment vehicle - it's seen a maximum of 16% volatility this year (from it's peak to its minimum). Gold is actually relatively stable - which is why it IS a good investment vehicle, it's relatively solid and stable, generally tracks inflation, not a lot of downside present - but not the potential for massive upside like the BTC bubble. It's also why gold is easy to convert to cash pretty much anywhere - because the price typically changes no more that a few dollars per ounce per day. Not effectively hundreds of dollars in a day like BTC.
1. Tulips are not freaking potatoes. You can't just cut a bulb into pieces and have each bulb grow a new tulip.
Correct. They self-divide for you. Meaning whilst the GP wasn't 100% correct, he was functionally spot-on.
Check your facts. Twenty four percent goes to Social Security, 26% goes to medical spending. Safety net is 9%, and interest on the debt is 6%. That's 65% right there. Sixteen percent is on defense/military. The balance is everything else. The military budget is $600 billion (and that includes salaries and pensions for soldiers and veterans). Shifting 1% will be $6 billion, not 60 billion. You're off by a few orders of magnitude in most of your numbers...
Gold sucks as a conductor, in comparison to silver and copper. Both of which are considerably lower cost AND lighter than gold. Gold does not oxidize, however - and that makes it valuable as a plating for connectors. It still has good conductivity, but does not build oxide layers which reduce the contact conductivity.