Comment Re:The Network Effect can be a b**** (Score 1) 24

YouTube is mostly not about your friend's videos, it's mostly about people creating professional and semi-professional content for the site.

There is a lot of good stuff on there that you can't get anywhere else. To pick a random example, one of my favourite channels is Adrian's Digital Basement, where he mostly fixes old computer hardware. You get to see him go through the diagnostic and repair process in a way that wouldn't be well conveyed in text, and the videos are very informative for people looking to fix their own gear.

I don't mind paying for YouTube, it's a bit expensive. What I mind is that even if you pay there are still ads.

Feed Google News Sci Tech: Liberal wins Wisconsin Supreme Court election in setback for Trump, Musk - Reuters (google.com)

Feed Google News Sci Tech: Trump set to announce new round of tariffs on his so-called ‘liberation day’ - The Guardian (google.com)

Feed Google News Sci Tech: Where days of flooding rains, tornadoes and heavy snow will hit hardest - The Washington Post (google.com)

Feed Google News Sci Tech: Israel announces expansion of military operation in Gaza to seize ‘large areas’ of land, ordering residents to leave - CNN (google.com)

Feed Google News Sci Tech: U.S. reaffirms commitment to Taiwan as Beijing conducts live fire drills in East China Sea - CNBC (google.com)

Feed Google News Sci Tech: Nintendo set to unveil Switch 2, follow-up to megahit game console - Al Jazeera (google.com)

Comment Re:Doubtful (Score -1) 130

Economists fear deflation more than inflation because the inevitable result of that deflationary condition is a downward spiral in economic activity. There is less advantage in investing since future prices will be lower and there is an advantage to waiting since the cost of investment will decline in the future. There is an advantage in not buying things now because they will be cheaper in the future.(The apple buyers decide to wait a year since the ten dollars they save now will buy twice as many apples next year.)

Except that's BS. Double deflation yearly, how the hell exactly is that fantasy of yours supposed to happen? Economy will magically double over one year? A more realistic rate is something like 1-2%, and no, noone will skip buying an apple because oh wait, under 1% deflation, in, literally, actually, without exaggeration 70 years, that'll buy another apple. And deflation occurs during crises, but is an effect not cause. During crisis people don't stop buying apples because of deflation and hope for that second apple in 70 years, they stop buying apples because they see everything around them going to shambles, they're not sure if they'll be employed tomorrow, if their savings account actually even exists, if if they'll be able to sustain basic needs in close future if they spend on anything other than absolute bare necessities.

Two, if you really have some guy who'll hoard money in hope for that second apple in 70 years, well, guess that, he can already buy gold. Your 5% of inflation isn't forcing him to spend on apples today and build economy, it's forcing him to buy gold. And real estate too (btw, if you want to look for causes of real estate crisis, and tons of empty housing, thank those neokeynesian moron economists forcing people to buy real estate to escape their inflation, forcing real estate to turn from commodity to financial instrument. If money was deflationary by itself people wouldn't have to bother to use real estate as value storage).

Tons of financial instruments already exist that allow people to escape inflation, for people who know how to use them. Which yes, brings me to another point, inflation is really taxing the poor, the rich can trivially escape it, and you're not affecting THEIR spending in any way. It's the "upper poor, aspiring for middle class, saving money cent to cent to buy his own house or pay off his mortgage" type of person that gets buttraped by it most. I thought leftists wanted to be egalitarian and whatnot?

Comment Better Investment (Score 1) 130

What matters is what is useful for the world we live in....If they use Bitcoin, Bitcoin is arguably undervalued.

That was part of my point: bitcoin fails the usefulness test too because the energy cost to transact it is insanely large. If anyone really believed that in the future we will all be running our entire global financial system on a bitcoin then rather than "invest" in bitcoin they'd invest in power generation companies because the insane amount of energy needed to conduct all of those transactions is going to make electrical power worth more than bitcoin. A second reason to do this is that when quantum computing is made to work we'll still need electrical power while bitcoin will become utterly worthless since it's based on encryption that quantum computers can easily break.

Comment Re:Why we should quote EV battery capacity in Joul (Score 1) 27

I'd rather like it if instead of telling me my battery is 85KWh, I could have a 300 MegaJoule battery.

I can't tell if you're kidding, or if this is the same mentality as the people who voted for a $15/hr minimum wage so that they could still be minimum wage earners but relish in the sight of a larger number on their paychecks.

If your EV's battery being "only" 85kWh bothers you, I bet you'd really hate having to figure out how much things cost in Bitcoin.

Comment Re:About time (Score 1) 48

The problem is that it's impossible to fast track these things. It simply can't be done in the West. And while on paper some of these designs look better than previous ones, in practice what gets built rarely lives up to the hype, and is usually scaled back or an older design to reduce risk and cost.

Slashdot Top Deals