The supply of Bitcoin is 21 quadrillion satoshi. You are making an arbitrary distinction that an entire Bitcoin is some meaningful thing. I’m not doing a conversation. A Bitcoin is 100,000,000 satoshi. That is just a literal fact.
People want the supply of Bitcoin to be limited because their economic models depend on that false reality. If there is 21 quadrillion of something, it is not scarce. Wanting something to be scarce doesn’t make it scarce.
Have you looked at a map? I live in NY, and there is absolutely no place for such a massive solar farm.
The numbers I quoted were just for NYC, and they weren’t adjusted for the winter sunlight problem. To power the entire metro area would likely require 40,000 acres. To cover the entire region likely 60,000 acres. This land does not exist.
That’s an arbitrary, and pointless, distinction. 100,000,000 different people can own a single satoshi. What does it matter that each individual does not own the entire thing? The question is whether Bitcoin has enough supply, and there actually is no question because the supply is effectively infinite.
The scarcity argument is just factually wrong. Bitcoin is not scarce.
Opportunity cost is simple. It’s a calculation of what your money could have been doing if you put it to use doing something else. The easiest to estimate is the market opportunity cost.
If you spend $10,000 on a solar installation that is $10,000 you could have put in the market. After 15 years you saved $10,000 in electricity, and you’re supposedly profiting. However, that $10,000 investment would have grown to $24,000 at a modest 6%. So you’re actually still in the red, and you’ll likely never catch up and break even.
If you took out a loan it’s the opportunity cost on the payments. There is actually a theoretical break even here, but it’s not 15 years.
If you’re doing it for some altruistic reasons then it doesn’t matter. But if you’re making a payback calculation, you should do it properly. Opportunity cost is a real thing.
The opportunity cost for the cash you had to put down to install a solar array. Or the opportunity cost of the interest payments you’re making on a loan.
I’ve yet to see any renewable plan that could cover big northern cities.
Where are we going to build a solar farm to cover NYC, DC, and Philadelphia? There is 9 hours of daylight in the dead of winter, and it’s not exactly known for being sunny in January.
NYC alone needs 11,000 megawatt hours per day. My back of the envelope fermi estimate is a solar farm covering approximately 16,000 acres. Forget the metro area, that’s just for NYC. Probably double if you include the entire metro area.
You aren’t going to find that kind of land within 300 miles of NYC.
I find that most of these payoff periods are generous on one side, but lax on the other. For example, does the payoff calculator include the opportunity costs? I doubt it, because it would likely be impossible to ever achieve break even.
Would you prefer that the USPS join the public pension crisis? It is not scandalous to force a public organization to fund their employee retirements. What is scandalous is the massive unfunded public pensions that are going to wallop the economy over the next 10-20 years.
> Hoffman said he thinks DeJoy’s real goal is to erode public confidence in the government-controlled postal system in order to build support for privatizing it.
We don’t need to privatize. We need to get rid of it and switch to digital for everything except physical goods. Revamp USPS as a package delivery company, or just outright get rid of it and let the existing delivery companies handle it.
USPS has an $80 billion annual budget. Put that money to use investing in something that has more use in the future. We don’t need to invest more in spam delivery.
Good for hobby or personal projects, but not if you’re building something for work. Many of these “free” tiers are designed to vendor lock you before they walk you off a pricing cliff.
Take Auth0. Free for up to 7,000 user but then it jumps to about $250/month. Migrating from Auth0 is a pain. You should really only consider these “free” services if you think you’ll always be in the free tier, and if you’d use the service even if it wasn’t free.
> Yes they are business decisions but they are also political.
No, they aren’t. You’re trying to make them political. This is entirely of your own doing.
Take housing. It’s too expensive! Many people would agree. We can talk about houses being expensive without someone detailing the conversation by injecting politics into it. It devolves into politics when you try to let other people know why YOU think housing is too expensive. You are the one injecting politics into conversation where it isn’t needed, and absolutely isn’t wanted.
If you want to talk about politics go get a Twitter account.
Hey guess what we're doing right now? We're discussing the issues of Crimea, Russia, and China... and we aren't getting political about it. Incredible. Maybe impossible?
>If you are an international company you have to discuss these things
No, you don't. These are business discussions. You discuss the issue, not the politics behind it. You do it professionally because you are a professional adult making business decisions. You leave the politics of it for Twitter on your own free time.
>It's delusional to think you can avoid personal politics completely in a business.
It's delusional and absurd to think that you need to bring politics into any discussion at work.
> What happens if you want to discuss a disputed nation?
You don’t?
> Banning politics is impossible because everything in life has some hand in politics.
Hard disagree. You can talk about how houses are too expensive right now without someone getting political about why. It’s simple. Just don’t get political.
I am sure many of these people will land on their feet, but I would absolutely not hire someone who quit their last position because they were told to stop talking about politics at work.
Is there any place where you can exist, in 2021, without having political viewpoints crammed down your throat?
Some people just want to work. If you want to change the world go do it outside of business hours.