> Nothing existential about it at all. It's an actual threat to Facebook's business model. "Existential threat" means a threat to the very existence of a thing, so a thing that is an "existential threat" is a very big…
> But the upkeep cost of protecting the gold is continuous in the same way as bitcoin mining. This completely misses the point, which was one of magnitude: >> The upkeep cost for Bitcoin is, and by necessity must be,…
Remember that these are correlational studies! They're not directly comparing raw counts of data points, they're checking for statistical significance. It can be that COUNT(failure -> failure) > COUNT(success ->…
> There is a 50% chance that a random person from that population can create a successful business... All 100 attempt to start a business. 50 succeed, 50 fail. This is the most glaring wrong assumption that causes your…
> best at that by Consumer Reports compared to the stock offerings from Ford, Nissan, and other carmakers. Read through the Consumer Reports PDF [1]. It's abundantly clear that they have no idea how to properly evaluate…
> Not true. The popular comparison is the US spends about as much as the next 10 countries combined. US is ~38% of the world's defense spending. In other words 4% of the world's population and 40% of its defense…
Reducing the number of military veterans period would be a good place to start. The USA does not need a massive standing peacetime army/navy/airforce. There's a real human cost too -- we kill more of our own soldiers in…
> Nothing existential about it at all. It's an actual threat to Facebook's business model. "Existential threat" means a threat to the very existence of a thing, so a thing that is an "existential threat" is a very big…
> But the upkeep cost of protecting the gold is continuous in the same way as bitcoin mining. This completely misses the point, which was one of magnitude: >> The upkeep cost for Bitcoin is, and by necessity must be,…
Remember that these are correlational studies! They're not directly comparing raw counts of data points, they're checking for statistical significance. It can be that COUNT(failure -> failure) > COUNT(success ->…
> There is a 50% chance that a random person from that population can create a successful business... All 100 attempt to start a business. 50 succeed, 50 fail. This is the most glaring wrong assumption that causes your…
> best at that by Consumer Reports compared to the stock offerings from Ford, Nissan, and other carmakers. Read through the Consumer Reports PDF [1]. It's abundantly clear that they have no idea how to properly evaluate…
> Not true. The popular comparison is the US spends about as much as the next 10 countries combined. US is ~38% of the world's defense spending. In other words 4% of the world's population and 40% of its defense…
Reducing the number of military veterans period would be a good place to start. The USA does not need a massive standing peacetime army/navy/airforce. There's a real human cost too -- we kill more of our own soldiers in…