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anonymous5133

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The overall statement is a fallacy, correlation does not imply causation. There are plenty of good investment opportunities out there, the truth is that you need to find them yourself. The next big companies in the world are purely in their "unfunded idea" stage.

Also the whole tax reduction statement is mostly an opinion. From what I've seen, most companies are almost purely motivated by the risk-adjusted post-tax profit that can be obtained from the investment. Every idea on the drawing board is effectively evaluated meticulously on this basis. If that number isn't to their liking then the research/project simply never gets funded. The company might opt to simply do share buybacks or pay a higher than normal dividend. Plus the overall argument is mostly junk because the United States heavily reduces taxes for companies that perform R&D through the R&D tax credit.

Facebook Is Dying 7 years ago

For me personally, I stopped posting to my wall simply because I felt like it was a waste of time. Very few people actually liked it or responded to it, so why bother? Also the wall is now flooded with "sponsored content" which is just a nuisance if you ask me. The only thing left on facebook for me is basically the groups functions which has certain groups which are useful.

Also with the crypto->crypto trades there are many exchanges that don't track anything. There are some that are completely decentralized and work based on using smart contracts. Who knows how the IRS is going to tackle that issue. It is very small segment of the overall market though.

It's completely useless basically, unless you are paying online for something. For day-to-day purchases, it seems most people are just buying gift cards with their BTC. That seems to get the job done very effectively.

Also keep in mind, there are other cryptos that exist where the transaction fee is basically free and the transaction confirms in under 2 seconds. Nano is one that comes to mind.

Bitcoin is definitely falling into the "e-gold" category if you ask me.

I have a friend who specifically makes content for young children. He is an animator but specifically makes content for young children. I asked him why he makes this content and he essentially summed it up as:

1) young children are more likely to incorrectly click an ad or to not skip the ad (because they can't really read or understand that the ads are skippable)

2) young children often do not have ad blocking software installed

3) young children are more likely to watch playlists

The overall effect is that young children demographic is the most profitable demographic on youtube. Also lots of parents are basically using youtube as a form of free babysitting. Next time you go to the grocery store, just look at how many kids are sitting in the cart tapping away on a phone or a tablet.

Energy Slaves 7 years ago

If it was such a great investment, wouldn't everyone be running to install it more or less? I live in Southern California (prime location for solar) and so far by my calculations, it does not make economic sense to install the panels. The economics are better if you just assume you have to pay for the panels and exclude labor, installation etc.

100% agree. I was looking at buying a new home out here in Southern California. The new trend is "solar" on the homes....but the problem is that you don't own the solar when you buy the home. Instead you sign a contract with the solar panel owner and either buy the electricity from them or buy the panels outright....for an additional lump sum of 20k+. When you go to sell the home....you have to get the solar company involved and a bunch of other hassles. It is a bad idea to set it up like this.

Exactly. The biggest mistake people can make is to assume that just because you would do it a different way....that automatically means everyone else would do the same. Not the case.

Obvious example is pretty much everything on amazon is marked up 25% compared to the next biggest competitor (gotta love the "free" prime shipping, right?) but people pay up because amazon will get you your stuff in 1-2 days while Ebay will take 5 days or longer. People will pay for convenience and they will pay a lot for it as well.

This has been happening lately in my area of Orange County, CA. There is an investor here who has been buying up single family residences with large backyards and then the investor puts these "granny flats" in the backyard to rent them out. The average buyer will simply see the property as a 3bed/2bath with a large backyard for 500k while an investor will see it as 3bed/2bath with a large backyard with opportunity for expansion....well worth more than 500k listed market value.

I've read the indictment and here are my comments on it:

1. Stop using google and related services. They log all your data forever (keyword searches). The FBI/governments are now going to google to get this data to use for investigation purposes. This is probably the same for any major internet company that records data (they all do). The only exception is for companies that pride themselves in having a "no logging" policy...maybe like duckduckgo.

2. Your computer can be tracked by its device characteristics. This is almost the same as your IP address or physical address to a certain extent. This was a significant part of the prosecution's evidence. You can use a USB bootable device like TAILs to potentially mitigate this risk.

3. The guy filed tax returns for something like 50-150k/year in taxable income. In certain years he had deposits into his bank account totaling $2.8 million.....I mean come on now...how do you think that's not going to raise a red flag...at least for the IRS?

4. BTC mixing services will not necessarily guarantee your privacy, especially if you are using KYC exchanges. Even if you are not doing anything illegal with your BTC...you'll still have to be able to explain where the money came from. This guy was going to use the excuse that his father gave him the BTC for free....and paid for all the BTC with cash.

5. If you're doing anything shady, for the love of god don't use a bank. Also if you are doing anything shady, don't use a KYC exchange. You're probably just better off staying entirely in crypto or selling the crypto for physical cash and just staying in cash.

My overall impression is for the amount this guy stole, he planned it out very sloppily and made very little effort to EFFECTIVELY conceal his activity.

From what I understand, right now these projects are working on the backbone of the systems. In the future, other developers will be able to create services on top of these platforms to resell the storage space. So maybe someone will have an online cloud hosting service with a simple drag and drop online interface. They will charge a fee to the customer and the website operator will simply buy storage contracts on SIA or similar providers to provide the actual hosting and distribution of the files.

You can use storj to host your files without using blockchain. I think they accept credit cards directly. Also storj is doing a lot to make sure only reliable hosts are allowed to continue to operate on the network. If you aren't serious about having a reliable hosting node then you'll eventually get booted from the network.

Not sure how many people know this but you can use a service like privacy.com to get burner credit card numbers. For example, you can create a burner credit card number that only works one time or has a specific spend limit (like $20 per transaction or $20 total in transactions per month). Credit cards/debit cards are inherently insecure because the credit card number can be reused by anyone who has the code.

It is a free service. If the parents in the article used a service like that then all of their spending problems would be solved because junior couldn't charge the card any further. All additional transactions would simply be declined.

The article talks about government regulation, but the government honestly has better things to worry about than what junior is spending on apps. People simply need to use the existing services, like privacy.com, to control their spending.