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Comment Re:Startups Aren't Really Job-Creators In Practice (Score 1) 303

Just tax a small bit of the wealth flowing through the country and give people part-time jobs fixing potholes or whatever.

Why the make-work? Just go with basic income where everybody gets a check that's enough for food, shelter and other necessities, with no means testing or anything. If you want a bigger house or flashier car or a lawn greener than the neighbors', then you can go out and get a job (profit motive) to supplement your income beyond this. But you still take the "or die" factor out of employment.

Comment Re:A severe distortion is here (Score 1) 362

I think you're missing several points here.

First off, the most environmentally sound solution would be for these tech workers to live in the suburbs to begin with. The jobs themselves are in the suburbs, and the workers are commuting from the city to the suburbs simply because it's hip and trendy to (be able to afford to) live in San Francisco proper.

Worse yet, this ends up putting more cars on the road, not fewer, because the people who do work in the city can't afford to live there. They are the ones who have to commute from the suburbs to the city. The clerk at the trendy organic grocery store or the bartender at the hipster bar, the stuff that gives "living in the city" its pricey allure, are faced with impossible rents or stiff commutes, and you can be sure as hell it's not their employers paying for a private coach to collect them from the sticks.

Comment Re:Ha ha (Score 1) 465

I'm not sure how they calculate their liabilities are only $60m either, if they own depositors $700m worth of BTC. Maybe they are hoping that their own collapse will devalue the currency so much their liabilities will fall that far.

Creditors owed in Japanese Yen will only accept payment in Japanese Yen. Debts owed in Bitcoin will probably be cloaked by an SEP field as far as Japanese financial and bankruptcy law is concerned.

Comment Get some popcorn (Score 1) 465

It'll be interesting to see if the courts will restructure debts when the debts aren't delineated in "real money."

Building your cryptocurrency to be outside the regime of banking regulations may mean you can't seek the shelter of those same regulations when you get into trouble.

Comment Re:Worst. Idea. Ever. (Score 1) 216

The ocean is a harsh environment and ships work hard and maintenance and upkeep is a constant chore day in and day out both in port and while underway.

Except the number of people needed to perform that upkeep has been on a marked downward trend for decades. As it is it only takes about two dozen people, at most, to crew a quarter-million tons of ship for weeks at a time.

It's that big a leap of the imagination for that number to finally reach zero.

Comment Re:Are you sure? (Score 4, Insightful) 221

/sigh

Here's how it works: US companies

Like Ubisoft?

submit their games to US ratings boards

The ESRB is a private industry group, and participation is entirely voluntary.

then they remove shit the US censors don't like

The ESRB doesn't care one way or the other. The "American" publishers tend to seek to avoid an AO ("Adults Only") rating, for marketing reasons, and will try to bring things down to an M ("Mature") rating so that certain big-name retailers will consent to carry the game. But games that get an AO rating are certainly free to keep that rating and have been published in the past, and publishers are free to skip the rating process entirely (e.g. I've seen more than a few localized Japanese H-games that don't bother formalizing the AO rating they'd obviously get).

However, we, the consumers, never see the ORIGINAL version before the US censors make their cuts, because the game companies don't bother trying to put those things in non-US versions.

Publishers don't sell an "unrated" version of a particular game in North America (ESRB includes Canada) because they know that not enough customers will go out of their way to find retail channels that will carry AO/unrated games to make the the prospect financially viable. Conversely, publishers don't sell an "unrated" version of a particular game in Germany or Australia because it would be illegal.

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