RamshackleJ

3 yıl öncediscuss

https://www.ibm.com/investor/att/pdf/IBM-2Q23-Earnings-Press... IBM is getting killed in infrastructure, their margins look to be growing but losing ~15% of their revenue y/y. This seems like them just gouging the last of the customers who are either unwilling or unable to leave.

for context during the same period AWS grew 12% y/y.

RamshackleJ

5 yıl öncediscuss

nope, transactions clear at a rate unrelated to mining(so long as at least 1 person is mining).

The only thing that impacts transaction costs is how many other people are trying to clear their own transactions and bidding up the sat/vbyte rate.

RamshackleJ

5 yıl öncediscuss

Inflation is easy to fix, default on your debt and stop printing to service that debt.

RamshackleJ

5 yıl öncediscuss

also the basket of goods is mostly impacted significantly by technology which causes deflation.

it doesn't include things that don't have acute tech-driven inflation (housing/education/healthcare) where tech can't drive prices to zero as easily.

RamshackleJ

5 yıl öncediscuss

most people globally do hold most of their savings in cash, many people are unbanked and physical currency is the only way they have to preserve wealth.

RamshackleJ

5 yıl öncediscuss

you never had to worry about ransomware back when we used clay tablets for accounting.

comments