I think you misunderstood my point.
I'm not saying the price can't increase, I'm saying that dividing coins does not reduce scarcity.
Edit: Updated my original comment, turns out I'm the one who misunderstood your point. We actually agree.
HN user
I think you misunderstood my point.
I'm not saying the price can't increase, I'm saying that dividing coins does not reduce scarcity.
Edit: Updated my original comment, turns out I'm the one who misunderstood your point. We actually agree.
Edit:
After rereading the article, I now understand that you were referring to this quote in the article : "The circulation number is not enough".
You are right, the fact that it's divisible render this point moot. I thought you were saying that dividing coins somehow decreased scarcity (Yes, I've seen many people argue that, believe it or not).
Original comment below :
I find it really mind boggling that some people don't understand that dividing a pizza into 100M pieces does not give you more pizza.
There is a purpose, but it's not HFT... It's orbital mechanics.
You can't have efficient coverage of the whole planet without launching all of your satellites at fairly high inclination (>45°). There will be more satellites per area near the poles and so that's why Starlink will be available at very high (and very low) latitude before it's available at the equator.
If you are late to work because your car won't start, say a bad starter or a dead fuel pump, would you really tell your boss that your car had a "catastrophic" failure?
Was it a malfunction?
Are you serious? The car decided to turn and hit a divider at 60mph without ever attempting to brake.
The reason the driver is required to pay full attention is because the software malfunctions in some cases.
I understand that, but it's not Spacex that lost the payload.
Sources say the secretive Zuma satellite was lost by SpaceX
As of right now reviews of the data indicate Falcon 9 performed nominally
Headline is in complete contradiction with the content of the article.
Well, you are asking for perfect security.
No need to read the rest of your comment. I'm not biting.
Nobody is asking for perfect security.
We just expect a company that stores the highly personal information of hundreds of millions of people to have better security than that of a random blog site maintained by one guy in his basement.
he should study biology
He has a master in systems biology from Harvard.
Dr. Jordan B Peterson a misogynist? Give me a break.
Because, as far as we can tell, everything that is part of our universe is governed by physics.
Our brains are part of this universe, and conciousness is dependent on our brains.
Amazon and people who have been hit by this seem to disagree with you:
"Pricing is per instance-hour consumed for each instance, from the time an instance is launched until it is terminated or stopped. Each partial instance-hour consumed will be billed as a full hour."
https://aws.amazon.com/ec2/pricing/
"You are billed for an EC2 instance-hour for each hour or partial hour (rounded up) that your instance is in the “running” state. Instances that are in any other state (“stopped”, “pending”, etc.) are not billed."
https://aws.amazon.com/premiumsupport/knowledge-center/ec2-i...
Here's a company that got hit hard by that behavior :
"A little-discussed fact about AWS EC2 pricing is that users are billed for each server that runs for any partial hour it runs. That means if a user starts a server and then kills it within five minutes, he is still billed for the full hour. That seems acceptable, but if a user kills a server and replaces it with a new server of the exact same type and location, this move doubles the bill."
http://searchaws.techtarget.com/tip/Paying-the-price-when-an...
You should probably take a look at this, you are probably costing your company a lot of money.
AWS charge by the hour, as soon as you power up an instance you are charged a full hour.
If you start and stop one instance 60 time in an hour, you will be charged 60 hours.
So scaling down on a dime and scalling right back up is more expensive than doing nothing.
You are getting downvoted because you look like someone full of themselves.
You admit you did nothing... and that your cofounder did everything... but you refuse to attribute the success of the startup to your cofounder and instead attribute the success to yourself.
You have the audacity to claim that the startup would have been worthless without you, but ignore the fact it wouldn't even exist without your cofounder.
Plus you quote yourself.
"i_____" will get way more stars.
SpaceX own the first stage.
You pay to get your payload delivered to a specified orbit. You don't actually buy the rocket.
It's like flying, you buy a ticket, not the plane.
The stage had lateral velocity when it landed plus it came down at an angle, so one or two legs took all the energy of the impact and collapsed.
They are not designed to support a beating like that.
They are low profile since they can be folded against the body of a missile/rocket.
They also have good aerodynamic properties at hypersonic speeds.
http://en.wikipedia.org/wiki/Grid_fin for more info
A whole lot of money for a whole lot of buzzword but no information in sight... Magic Leap's own website has even less information.
"On Oculus Rift and pretty much every other virtual and augmented reality experience, what the viewer sees is flat and floating in space at a set distance."
I was under the impression that the Oculus Rift had full stereoscopic 3d? Either I'm wrong or this article is wrong.