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User: bozzy

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Comments · 59

  1. I'm in a similar position as you and the GP, but the "free money" is only "free" up to the point when you realize that use of cash maintains the spending friction that keeps impulse buys at bay.

    Statistically speaking, you'll spend more when using a credit card compared to cash due to less friction, which blows away any savings you get with a cash back card. You'll have to be extremely well disciplined to come out ahead with the cashback card on a given transaction. But over time, the odds are stacked against us due to being human.

    A debit card has a slightly higher friction than a credit card due to the mental connection of the transaction with your bank balance. But with a credit card, there is no such friction. Even less friction when a credit card is tied to mobile pay, or god forbid, some IoT device (alexa) you don't even hold.

  2. I say we log off, and nuke the entire site from orbit. It's the only way to be sure.

  3. Re:I've got a better idea on Tesla Files Patent For Automatic Turn Signals (cnet.com) · · Score: 1

    My '91 Oldsmobile Cutlass Supreme automatically beeped at you when you left the turn signal on too long. Between that and the huge digital speedometer it was clear this car was designed for the market you're talking about.

  4. That is what small claims court is for. You don't need a lawyer for that.

  5. Re: Huh? on Tesla On Track To Turn a Profit This Year (cbsnews.com) · · Score: 1

    I think it has to do with how much energy you've consumed mining the bitcoin used to pay for the car....

  6. You are witnessing Jevon's Paradox in action: When you make a resource (in this case, personal transportation) easier/more efficient to consume due to technology, you tend to get greater demand and increased consumption.

    Expect this to get even worse with autonomous cars and without improvements in infrastructure.

  7. "They have a great business model, but they've ruined it with terrible business ethic."

    They'd have a great business model if they were actually making a profit while acting ethically. At the moment they are doing neither.

  8. Rifle is fine

  9. Well, I just can't understand how most of Europe and Canada do it without actually going bankrupt.

    Services cost less. See charts here https://www.pbs.org/newshour/h...

    If the US can fix the system of incentives that inflate prices, then single-payer can be much more affordable.

  10. Re:Bitcoin are not tulips on The Case that Bitcoin Is a Bubble (economist.com) · · Score: 1
    Tulips are indeed divisible by the offsets that larger bulbs can produce, giving genetically identical flowers. This played a part in speculation and pricing.

    From this page:

    And heavier bulbs tended to have more offsets or bulblets formed at the base of the mother bulb, which were separated and sold individually. A tulip bulb may produce two or three offsets a year and then only for several years before it becomes too enervated to reproduce. Propagating from these offsets, which can take from one to three years to become flowering bulbs themselves, necessarily limited the number of bulbs on the market. But, unlike seeds, it was the only way to ensure that the tulips would be genetically identical. A bulb with offsets obviously had greater value but it could not be sold too soon. To do so would limit the ability of the grower to produce any more of that variety and only make it available to others—which is why prized bulbs always were in short supply and commanded such high prices. Because a bulb planted in September likely would weigh substantially more when lifted the following June, it encouraged speculation. Even if the price per aes did not change, the value of the bulb could multiply three to five times during those nine months, simply because of its increased weight. Contracting to pay a specified price at lifting, buyers speculated that the bulbs would have greater value in the future than the promissory note, which could be sold to a new buyer in hope of realizing a profit. No longer the province of liefhebbers, bulbs were purchased by the weaver, brewer, or baker. For a modest investment, often paid for in kind (when there was not the cash), these poorer craftsmen and artisans speculated in the common varieties that were the stock of mass trade. Such speculation was risky, of course. Having put everything down on deposit, if the price of tulip bulbs were to drop before lifting, there would not be the means to pay the remaining balance. Nevertheless, novices continued to enter the market and speculation increased, until in December 1636 and January 1637 it reached its height.

  11. Growing up we had part of a Slinky. But I straightened it.

  12. Re:This is not progress. on Domino's Market Tests A Self-Driving Pizza Delivery Car (cnn.com) · · Score: 1

    That's ok. As long as you run down stairs, you'll be fine.

  13. Re:Sounds like on Bitcoin Is Forking. Again. (vice.com) · · Score: 1

    And by extension of the US government's backing, said paper money is backed by lots of large tangibles like real estate and vehicles in the form of loan collateral.

    e.g. My mortgage is payable in USD only. Taking out a loan in cryptocurrency these days would mean far too much volatility over the loan period.

  14. Re:I'd rather have... on NASA Has a Way to Cut Your Flight Time in Half (bloomberg.com) · · Score: 1

    I'd rather spend less time at the airport. More direct flights from regional airports. Less time in security lines.

  15. Re:Heavy news! on The Proton Is Lighter Than We Thought (sciencemag.org) · · Score: 1

    Unless you're a neutron. In that case, no charge.

  16. Re:No way on Would You Buy the iPhone 8 If It Cost $1,200? (9to5mac.com) · · Score: 1

    I would consider iTunes itself to be a "special app". I haven't used an apple product in a while... You can't just copy the file to it as if it were a removable storage device?

  17. $13.7 billion on Amazon Plans Cuts to Shed Whole Foods' Pricey Image (bloomberg.com) · · Score: 0

    What I find surprising is that Amazon got Whole Foods for the low low price of $13.7 billion, the same price as a 1 lb bag of organic quinoa.

  18. Re:Answer is no on Could Giant Alien Structures Be Dimming a Far Away Star? (sciencemag.org) · · Score: 1

    Yes, and this would be a much less expensive way of achieving this instead of using an overpriced vacuum cleaner.

  19. Re:$2000 rebate on a $40000 electric vehicle on New York State To Launch Electric Vehicle Rebate (foxnews.com) · · Score: 2

    No, they still owe $40K. The original $40K price is raised to $42K before the rebate.

  20. Re:Tomorrow morning on White House Releases Strategy To Defend Against Killer Asteroids (vice.com) · · Score: 1

    Trump will scrap the plan, and instead build a wall around the earth and make the asteroid pay for it.

  21. Re:Lost $800 Million on Uber Lost $800 Million In Third Quarter (cnbc.com) · · Score: 1

    New business model? This model is exactly what the dotcom boom in the 90's was.

  22. I blame the decades of "beans, beans, good for your heart..." propaganda.

  23. And won't somebody PLEASE think of the executives? Some of these folks have multiple yacht payments, ya know!

  24. Mundane Details on Bad Code May Have Crashed Schiaparelli Mars Lander (nature.com) · · Score: 1

    Thrusters, designed to decelerate the craft for 30 seconds until it was metres off the ground, engaged for only around 3 seconds before they were commanded to switch off

    I must have put a decimal point in the wrong place or something. Shit! I always do that. I always mess up some mundane detail!