What exactly happened after the U.S. severed ties with Cuba? You make it sound like we lost something.
They are still stuck in the 1960s, their economy is absolute garbage and the people are dirt poor, they lost multiple generations of opportunity.
Have you been to Cuba? It’s like going back in time 70 years.. the country itself is beautiful if they had taken a different path they could be incredibly propsorous. A small country like Cuba could get by on tourism alone and do much better than they do now.
Everyone needs to take their own path, if suppressing people’s religions and no freedom is that path the Chinese want to take then that’s their choice.
Our government and our corporations should not support that.
Absolutely not true. There is plenty of evidence time and time again from the top firms in this country try.
Aviation and top R&D being stolen from Boeing, just in general corporate espionage is rampant just Google it. The kicking out of top tech firms, why is Google not there in China? Why is that fair? China does not play by any rules and therefore they can’t be allowed to play with us.
The purposeful devaluation of their currency, why is that fair?
I could go on and on. I assure you I’m not a Nazi and I really dislike that part of Trumps campaign but man he is so right on this one.
Copying isn’t cheating but they have spies in the top tech firms in this country. Everywhere in the world that’s cheating. Stealing confidential proprietary anything anywhere in the modern world will send you to jail, whose sending China to jail?
I know your not trying to troll, statements of disbelief are very common about companies that are about to own an entire market with no real competition in sight. No one sees it yet but these guys are about to own office space and how that is acquired in the future, whose going to stop them? They are creating a future you don’t yet see.
People couldn’t believe Uber was worth more than Delta airlines in one of their valuation rounds.. this is very common. They were about to own the taxi industry and take a cut out of every ride.
> “Homeownership is a gerontopoly. Most housing wealth is held by older Americans.”
So what? They worked hard for that, that is in fact how wealth works. You work hard for a long time to build wealth and by the time your old you hopefully have something.
This whole article shits on older people and effectively blames them and home ownership for wealth inequality. It is the most obvious study ive seen but blaming people will not fix anything.
I will likely get downvotes for this but that is fair. We will all get old at some point and if we don’t have anything at that point we didn’t do it right.
Just stop blaming others for shit, get to work this is the best time on the history of the earth to get wealthy. Better than any other period of human history. Just get it done.
During world war 2, fan favorite companies like Mercedez Benz were building tanks for the Nazis. If there is a war today don’t you think the government will seize everything and we will all be working for them? This is different in some ways because Google is likely being paid for this but I don’t think they can just refuse nor do I think they should be able to, frankly. That’s not how national security works.
And just because employees at Google refuse, employees in one of the big Chinese firms won’t be able to. If our government does not have this tech then someone else will.
We live in this fantasy, like people aren’t dying everyday from war in so many places around the world. We are not immune to that.
Edit: to all the folks down voting me it’s a good idea to get a different perspective sometimes.
It’s not meaningless. Saying Blockchain is meaningless is like saying the web is meaningless or the internet is meaningless. Just because you either don’t understand it or you feel it’s too broad does not make it meaningless.
Blockchain is a distributed ledger that guarantees consensus without any central party. It has many other properties, like making the transactions public in most cases, and many other important things that are different from centralized databases and non public databases we have been using for the last 30 years.
Mining this stuff is a funny thing, that is a devisive feature even in the crypto space.
That being said, this isn’t the first time where mining has plummeted in profitability. Early last year similar articles started popping up and in fact GPUs on eBay we’re being sold at dirt cheap prices because crypto was “plummeting”.
I wouldn’t bet on crypto going anywhere, not in this crazy world we live in.
The real issue with all the pump and dump, fear of missing out, and all the other crazy “mooning” is that it is ruining this whole space. It is creating a reality that all the haters of cryptocurrency have been talking about for a while.
Instead of focusing on building real applications with blockchain, programmable money, and changing the world everyone is focused on trading and get rich quick schemes. This stuff could change the world it is money ripped out of government hands and it could be baked into everything we do on the internet but I am not so sure that will happen anytime soon anymore.
I am very jaded with the whole space because of all this fraud.
>"A bitcoin is a number, and that number has no utility outside of its ability to be accepted by someone else. Unlike gold, the the minimum value of a bitcoin is zero— its value if everyone stops believing it works. This is one reason why a bitcoin is a risky way to hold assets."
I think people forget that there is a lot of value to a censorship resistant currency.
Before Bitcoin was worth hundreds or thousands of dollars it was being used in the black market at whatever rate it was floating at. That rate is a non zero value. There is no other way, other than another crypto currency, to do business in these black market places.
Now blow that out exponentially to places like China where your money isn't exactly your money. Or places where its ok to seize someones property, depending on whose in power.
This then starts to give you an idea that even when the bubble crashes we will still have Bitcoin.
You are right though and I am being a little sarcastic on purpose. People have argued that Gold has real intrinsic value which it does have its uses but no more or no less than any other important precious metal we use.
“Rosenstreich at online trading firm Swissquote said bitcoin’s surge harks to the surprises of the U.K. referendum on European Union membership and President Trump’s election.
“We have underestimated the populist movements,” he said. “There is growing unease on how central banks and governments are managing fiat currencies. Ordinary people globally understand why a decentralized asset is the ultimate safe haven.””
That’s the reason for 10k and it will be the reason for 100k. 100k puts the market at cap at a trillion, it’s not that crazy if you remember that Gold is several times that and other than looking good as jewelry it has no other real intrinsic value. No one likes to talk about that though, they like to demonize bitcoin which actually does something gold could never do. Force trust in a world where you can’t trust anything.
You are 100% right about the folks who use this and many of the folks in the early days.
It is a little lost today in all the bubble conversations, many of the ICO conversations, and people are generally debating what is the value of this stuff.
>Also, it's pretty personal info: in the event that one or more of the ad buyers grouped into the list really was a private citizen with no affiliation to any government, is Facebook in the right to publicize who they are and which ads they purchased?
Shouldn't Facebook be verifying who is real and who isn't? For tax + many and I mean many other reasons... shouldn't they verify exactly who is giving them money?
Secondly for all of the fakes, there is absolutely zero privacy concerns. No fucks given for those that meddled in our election process. They should all be extradited and thrown in our jails.
The papers are great, a lot of research has been done in this area despite the closed nature of .net prior to the recent open sourcing. Too tough to summarize in one comment but I want to add a few things for anyone thinking of checking them out.
I firmly believe .NET poses a fantastic programming environment for anyone to build systems, applications, the back bone of companies on top of. I think its significantly better than Java and has received much better support form Microsoft than the Java eco system and the JVM has from Oracle.
Functional languages like F# are allowing startups to build systems quickly that can scale from 0 to millions of users and I think this whole eco system, now that its open, is due for a renaissance.
They are still stuck in the 1960s, their economy is absolute garbage and the people are dirt poor, they lost multiple generations of opportunity.
Have you been to Cuba? It’s like going back in time 70 years.. the country itself is beautiful if they had taken a different path they could be incredibly propsorous. A small country like Cuba could get by on tourism alone and do much better than they do now.
Everyone needs to take their own path, if suppressing people’s religions and no freedom is that path the Chinese want to take then that’s their choice.
Our government and our corporations should not support that.