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Comment Re:Try to get change for a gold coin (Score 1) 453

That wasnâ(TM)t his point

The point is this really is not a problem. You can have exchanges without problematic hoarding, even if the relative value is changin by the second in 24 hour/day currency markets. People will pay wth 500 silver coins and keep their gold coins when silver is in sort supply and valued too high relative to gold. This is called a healthy, self correcting market

Sometimes the gold humbugs are even sillier than the gold bugs they mock

Comment Re:Try to get change for a gold coin (Score 1) 453

> The problem with this: gold and silver can change their relative value to each other and that screws up
> the exchange rate. This can lead to hoarding of the coins that are appreciating in value (Gresham's law).

Who is going to tell this AC that all fiat currencies change their relative value to each other today/everyday and really blow his/her/xer mind?

Comment Re:Wait? (Score 1) 211

Yes Iâ(TM)d like to know if that happened. I would also like to know if Hillary Clinton is actually an alien from a far away galaxy. Wouldnâ(TM)t you like to know if that was the case? Or do you not care about your country or democracy? She was a sitting senator, after all, and ran for the highest seat in the land, with millions of people voting for her (many of them citizens!). If an alien from a far away galaxy were able to infiltrate our demoracy to that extent, I hope we would all want to know about it.

Comment Re:Though wrong in this case... good model? (Score 2) 76

Hi. Stuff costs money. There is no free lunch. I know we pretend ad-supported stuff is free, but obviously it is not. Assuming the economics of ad-supporter stuff actually does work, then users are spending more on shit they otherwise wouldn't have purchased by at least as much as the "free" stuff costs to make.

Comment 7 minute abs (Score 4, Informative) 251

Is this the tech VC's version of the 7 Minute Abs pitch? "Why would anyone travel in two dimensions when they can travel in three?"

It's a little more complicated than that. Here are some things that don't matter so much in 2D road travel but matter a lot when you're flying
* wind, winds changing at higher altitudes, and wind shear
* Air speed vs ground speed
* Heading vs ground track
* Convective weather (at takeoff, all along path of travel, and at destination)
* Air density (at takeoff, all along path of travel, and at destination)
* Vehicle weight for takeoff and travel, and weight changes as fuel burns
* Lift characteristics at altitude (at takeoff, all along path of travel, and at destination)
* Ability to descend safely if a system fails (single engine?) or you are crashed into
* Empty gas tank doesn't fail gracefully
* Inability to stop moving (probably)
* Obstacles (hills, mountains, towers, buildings
* Etc

As someone who flies, I am (a) certain there will be some sort of flying vehicle some day, and (b) aware there is a lot to figure out. These are all obviously solvable problems because people already do fly. It's just hugely expensive and requires a lot of training (relative to driving). What we are talking about here is ModelT-izing flight which will require a lot of idiot proofing including expensive redundancy while at the same time really driving down the purchase and operational costs of flying. These are not small problems, and these problems are not analogous to the problems of autonomous driving.

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What is wanted is not the will to believe, but the will to find out, which is the exact opposite. -- Bertrand Russell, "Skeptical Essays", 1928

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