Raw cloud computing costs have a fairly small margin over what they could be. Nobody with real purchasing power is paying anywhere near the listed retail rates. It's part of the reason smaller providers e.g. OVH, can…
History is littered with the corpses of companies that had exceptional but expensive products that were replaced with cheap, good enough products.
Of course they would. Private equity looks for the following things 1. Things with an inelastic market and fixed demand. 2. Many overlapping small time competitors. 3. Steady cash flow, preferably with low capital costs…
The same thing was said about the crazy build-out of fiber and telecommunications infrastructure. That infrastructure did prove useful but it took about 10-20 years before that was the case. It took 4G becoming broadly…
The implicit assumption in libertarian perspectives is that all parties are rational and have similar levels of information. In healthcare, this is simply not true. The average person isn't capable to judge what is and…
To add even more noise, there is a similar service from Samsung called Samsung Cash which lets you transfer cash between other Samsung Cash users using a prepaid Visa debit card on the backend. It
The unbanked in the USA don't have a bank account for a variety of reasons. Typically 1. Mistrust and fear of "being in the system" 2. Having a legal judgment against them e.g. child support, fines, overdue rent 3.…
When I was in China, the government issued an edict that basically said "merchants of a certain size must accept AliPay/WeChat Pay/UnionPay CloudPay universally". All of the above are almost identical "Scan my QR code"…
Yes and no. It's still a cash-equivalent transaction, requiring you to either have an Apple Cash balance and/or an attached checking account or debit card (in the USA at least).
To my knowledge, zero. If you really mean Jews, I think there are roughly 40 between both houses of Congress. None of them are Israeli citizens. Jews are not automatically citizens of Israel though they do have…
Coffee makers. I once picked up a nice, high-end Keuring machine for free from a neighbor. Later than evening, I noticed something moving around it. It was full of roaches. I put it in a trash bag and ran to put it in…
FWIW, I have Verizon FiOS in NYC at a reasonable price. The city of NY and the state do their best to keep Verizon and Spectrum at arms length. By way of contrast, my parents live in the mid-west and were plagued…
This is stupid. In an ideal US world, where healthcare insurance premiums aren't insane and aren't skewed toward large corporations, then everyone should be a contractor. The person hiring you sends you payment and you…
I vaguely recall DI.FM having a similar map circa 2006, complete with descriptions of each genre.
FBA de-risks the transaction for Amazon and the vendor. You sell a known quantity with a known delivery window. Small businesses often struggle with this and criminals use this to their advantage. If eBay/non-FBA is a…
Much of what Amazon does is what other retailers already do. Amazon just does it more overtly and with smaller businesses. In fact, various aspects of this where pioneered by WalMart and Costco. 1. WalMart determines…
So, that's like, a fraction of a percent of revenue of this particular online product? They may as well attribute it to marketing and keep doing it.
Exactly. The worry was that it would provide justification for violence against specific groups which is why it wasn't publicly entertained as a theory even if privately it was. Planting the seed of that thought in an…
Indeed this is the case. The timing was unfortunate in that the pandemic hit during the absolute lowest point in trust of public institutions and bad faith actors stepped into the void to take advantage of that. In…
An automobile is basically a requirement to not starve anywhere outside the core of maybe 5 American cities with acceptable public transit. It's the same as having a pair of shoes.
Frankly I'm surprised only the Chinese are doing it. You would think large corporations would do the same against internal troublemakers, competitors, etc.
I believe none of them require proof of employment eligibility e.g. immigration papers so it's a way for those on the fringes of society to make a living. It's basically the same as why people work bad jobs for cash…
I agree. I've seen all of the above and more. I've seen full-on motorcycles in bicycle lanes going the wrong direction. I've seen them ride right through a crowded sidewalk, I was in China recently and it struck me how…
IIRC, The IRS has a specific 20 point test and many states expand on it. Being responsible for your own costs and the "relative" flexibility in that, you can start and end deliveries whenever, wherever, however you…
How does this compare to what Tuya offers as well as Amazon's and Microsoft's IoT device solution? To me, it seems like higher level interface to ready made commercial devices that you can then perhaps plumb back into a…
Raw cloud computing costs have a fairly small margin over what they could be. Nobody with real purchasing power is paying anywhere near the listed retail rates. It's part of the reason smaller providers e.g. OVH, can…
History is littered with the corpses of companies that had exceptional but expensive products that were replaced with cheap, good enough products.
Of course they would. Private equity looks for the following things 1. Things with an inelastic market and fixed demand. 2. Many overlapping small time competitors. 3. Steady cash flow, preferably with low capital costs…
The same thing was said about the crazy build-out of fiber and telecommunications infrastructure. That infrastructure did prove useful but it took about 10-20 years before that was the case. It took 4G becoming broadly…
The implicit assumption in libertarian perspectives is that all parties are rational and have similar levels of information. In healthcare, this is simply not true. The average person isn't capable to judge what is and…
To add even more noise, there is a similar service from Samsung called Samsung Cash which lets you transfer cash between other Samsung Cash users using a prepaid Visa debit card on the backend. It
The unbanked in the USA don't have a bank account for a variety of reasons. Typically 1. Mistrust and fear of "being in the system" 2. Having a legal judgment against them e.g. child support, fines, overdue rent 3.…
When I was in China, the government issued an edict that basically said "merchants of a certain size must accept AliPay/WeChat Pay/UnionPay CloudPay universally". All of the above are almost identical "Scan my QR code"…
Yes and no. It's still a cash-equivalent transaction, requiring you to either have an Apple Cash balance and/or an attached checking account or debit card (in the USA at least).
To my knowledge, zero. If you really mean Jews, I think there are roughly 40 between both houses of Congress. None of them are Israeli citizens. Jews are not automatically citizens of Israel though they do have…
Coffee makers. I once picked up a nice, high-end Keuring machine for free from a neighbor. Later than evening, I noticed something moving around it. It was full of roaches. I put it in a trash bag and ran to put it in…
FWIW, I have Verizon FiOS in NYC at a reasonable price. The city of NY and the state do their best to keep Verizon and Spectrum at arms length. By way of contrast, my parents live in the mid-west and were plagued…
This is stupid. In an ideal US world, where healthcare insurance premiums aren't insane and aren't skewed toward large corporations, then everyone should be a contractor. The person hiring you sends you payment and you…
I vaguely recall DI.FM having a similar map circa 2006, complete with descriptions of each genre.
FBA de-risks the transaction for Amazon and the vendor. You sell a known quantity with a known delivery window. Small businesses often struggle with this and criminals use this to their advantage. If eBay/non-FBA is a…
Much of what Amazon does is what other retailers already do. Amazon just does it more overtly and with smaller businesses. In fact, various aspects of this where pioneered by WalMart and Costco. 1. WalMart determines…
So, that's like, a fraction of a percent of revenue of this particular online product? They may as well attribute it to marketing and keep doing it.
Exactly. The worry was that it would provide justification for violence against specific groups which is why it wasn't publicly entertained as a theory even if privately it was. Planting the seed of that thought in an…
Indeed this is the case. The timing was unfortunate in that the pandemic hit during the absolute lowest point in trust of public institutions and bad faith actors stepped into the void to take advantage of that. In…
An automobile is basically a requirement to not starve anywhere outside the core of maybe 5 American cities with acceptable public transit. It's the same as having a pair of shoes.
Frankly I'm surprised only the Chinese are doing it. You would think large corporations would do the same against internal troublemakers, competitors, etc.
I believe none of them require proof of employment eligibility e.g. immigration papers so it's a way for those on the fringes of society to make a living. It's basically the same as why people work bad jobs for cash…
I agree. I've seen all of the above and more. I've seen full-on motorcycles in bicycle lanes going the wrong direction. I've seen them ride right through a crowded sidewalk, I was in China recently and it struck me how…
IIRC, The IRS has a specific 20 point test and many states expand on it. Being responsible for your own costs and the "relative" flexibility in that, you can start and end deliveries whenever, wherever, however you…
How does this compare to what Tuya offers as well as Amazon's and Microsoft's IoT device solution? To me, it seems like higher level interface to ready made commercial devices that you can then perhaps plumb back into a…