> it's that the company throws up their hands and says "tough sht."
What exactly is your solution to the problem? You are more or less complaining without providing any insights into addressing the issue or without knowledge of the threat landscape.
> I'd also note that these companies are barely (if ever) held liable for life-compromising hacks on their platforms.
You do know it is impossible to stop all cyber attacks? Its always a matter of when, not if. Zero day attacks are developed everyday with not even the best funded cyber security systems able to thwart them. The geniuses are on the offensive side, if they want in, they will get in.
Hopefully this deal is killed. Its really bad for consumers, content creators, and actors. Monopoly on too much media all under one roof is bad all around...
Obama had no reason to regulate it. The first exchange was in 2009, so it was still relatively new. Most people thought it would never be successful. However, its continuing to expand in popularity and grow in use. Naturally, profit seeking Government will see the value of getting involved with regulations, taxes, mandates etc. Most likely to happen under a democratic administration imo
> It's also ignoring the amount of middle-class savings that are destroyed during the crash
Cash savings actually increase in value during crashes. Crashes provide the middle class with opportunities to purchase assets that they otherwise would not be able to afford.
Definitely BUY bitcoin now. I think it will keep growing for the next 3 years while trump is in office. His admin will not regulate it, allowing it to continue to expand. However, if a democrat is elected in 2020, sell immediately. Dems will regulate it, suck it dry, and destroy it. Full disclosure - I own no bitcoins or crypto currencies for that matter. Just my 2 cents
> Holding cash, after all, is just withholding wealth from being productive.
Not true. Cash in hand or cash in the bank is actually an asset not a liability. Every diversified portfolio should have cash in it. Some say as much as 30% of your wealth should be in cash or in assets that can be quickly converted into cash. If all of your wealth is tied to real estate or illiquid assets than that is a problem.
Crashes are actually great for the middle class. The value of the dollar increases as prices come down. Homes, land, property, etc all become cheaper during crashes. This "bull market" is the actual "crash." All its doing is depleting the value of your money
Correlation does not equal causation. This is Yellow Journalism at its finest. The researchers even stated that their "results are preliminary" and not final, but of course the media runs with everything.
Keep in mind that fast food companies and a large share of food manufactures thrive on using high amounts of sodium in their processed foods to increase shelf life and improve margins (i.e. from factory until bought by consumer). I don't doubt the validity of that research, but I would be interested to see who funded it. And of course all humans need sodium to maintain a healthy balance, but many foods we eat today unexpectedly have excessive amounts of sodium in them.
This business model will fail horribly. Unlike Uber where you provide rides from random people at random locations each time. Dog sitting/walking is a pretty consistent endeavor. Walkers/Sitters will just build up a clientele of about 5-10 consistent dog owners and go to them directly. They bypass the app, removing the fees that they otherwise would have to pay to the company.
This business model will fail horribly. Unlike Uber where you provide rides from random people at random locations each time. Dog sitting/walking is a pretty consistent endeavor. Walkers/Sitters will just build up a clientele of about 5-10 consistent dog owners and go to them directly. They bypass the app, removing the fees that they otherwise would have to pay to the company.
Reducing sodium intake. You will instantly lose weight, feel less sluggish, have more energy etc. By simply reducing the amount of sodium in your diet you are increasing your chances of living longer. Over 500,000 deaths each are from complications with high sodium levels causing health problems.
Defer decisions until the last moment possible is one of the best things to do when making a tough decision. Its weird how we praise "quick decision makers." They are more or less simply gambling. Information tends to grow exponentially overtime. By waiting your chances of making a sound decision increase.
This has nothing to do with punishment. This is the result of a broken system. Most fortune 500 companies pay the ransomware price and the public is never aware of any breach. The idea of storing information on a connected network is the problem. We need to return to the brick and mortar way of storing data, i.e. Tightly guarded central facilities. Nobody should be able to steal 148 million accounts with the click of a button.
What exactly is your solution to the problem? You are more or less complaining without providing any insights into addressing the issue or without knowledge of the threat landscape.