> As a user I am not interested in YT's profits. However, what I am interested in is being able to access useful content. Choose two: a) free* b) reliable c) universal * not counting ads.
> Here is a fun mental exercise for the reader. Imagine that you run Alphabet and want to destroy an arbitrary medium-size business that threatens you in any way. How hard would it be, considering you control pretty…
> Using your example let's say that no other company can sell diapers online. That means for consumers that either don't want to or can't buy from Amazon, they are materially hurt from the lack of competition. If a…
> "Many new tech startups never get the chance to compete with the established companies, because as soon as they prove their technologies, they are acquired. But startups aren’t the only ones suffering." Some companies…
Tim is first of all targeting the issue of privacy in that linked article (which has nothing to do with monopolies), and it does it because Apple handles that issue the best among the other big players by not being…
Please change my mind on that, but I don't understand the problem with the diapers store example (or any other product for that matter). Amazon lowers the price, so the consumers will get to buy cheaper diapers (sounds…
> [Referring to Amazon] "Its owner should have his immoral hoard of wealth forcibly expropriated by the state before his power grows so great that all of society is warped by it. Jeff Bezos’s money should immediately be…
It probably isn’t but it’s safe to assume that this location was at least around the median in terms of fire risk (this location had probably better infrastructure than the average Brazilian city), so the fact that…
That's not true and what they did was probably optimal. The probability of losing the whole collection over time is the same. By spreading collections around into N locations, you would have, on average, N times more…
It wouldn't collapse for those that did not gamble, why should they pick up the tab? What later stops the gamblers from gambling again once the non-gambles pay off their debt, other than outright ban of gambling. Then…
> If those investments fail, you will now probably have to use government funds to bail them out in some way Why? Should I then expect the government to bail me out after I lose all of my money in blackjack, provided…
Too bad the author did not mention Lightning Network. The issue covered in this article is one of the reasons LN was chosen as the scaling solution instead of the block size increase (i.e. bcash).
> As a user I am not interested in YT's profits. However, what I am interested in is being able to access useful content. Choose two: a) free* b) reliable c) universal * not counting ads.
> Here is a fun mental exercise for the reader. Imagine that you run Alphabet and want to destroy an arbitrary medium-size business that threatens you in any way. How hard would it be, considering you control pretty…
> Using your example let's say that no other company can sell diapers online. That means for consumers that either don't want to or can't buy from Amazon, they are materially hurt from the lack of competition. If a…
> "Many new tech startups never get the chance to compete with the established companies, because as soon as they prove their technologies, they are acquired. But startups aren’t the only ones suffering." Some companies…
Tim is first of all targeting the issue of privacy in that linked article (which has nothing to do with monopolies), and it does it because Apple handles that issue the best among the other big players by not being…
Please change my mind on that, but I don't understand the problem with the diapers store example (or any other product for that matter). Amazon lowers the price, so the consumers will get to buy cheaper diapers (sounds…
> [Referring to Amazon] "Its owner should have his immoral hoard of wealth forcibly expropriated by the state before his power grows so great that all of society is warped by it. Jeff Bezos’s money should immediately be…
It probably isn’t but it’s safe to assume that this location was at least around the median in terms of fire risk (this location had probably better infrastructure than the average Brazilian city), so the fact that…
That's not true and what they did was probably optimal. The probability of losing the whole collection over time is the same. By spreading collections around into N locations, you would have, on average, N times more…
It wouldn't collapse for those that did not gamble, why should they pick up the tab? What later stops the gamblers from gambling again once the non-gambles pay off their debt, other than outright ban of gambling. Then…
> If those investments fail, you will now probably have to use government funds to bail them out in some way Why? Should I then expect the government to bail me out after I lose all of my money in blackjack, provided…
Too bad the author did not mention Lightning Network. The issue covered in this article is one of the reasons LN was chosen as the scaling solution instead of the block size increase (i.e. bcash).