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Comment Re:Why have a separate machine? (Score 1) 62

by ThatsMyNick (#45808357) Attached to: Next Carsharing Advance: Electric Cars From a Vending Machine

Zipcar does that in the US. Well, not exactly as easy as using a credit card, but you have to apply and get their card. The car constantly reports its location to their system though. So if it moves when it is not supposed to move, the authorities are notified and lo-jack or whatever they have is activated.
Music

Spotify's Own Math Suggests Musicians Are Still Getting Hosed 244

Posted by Soulskill from the go-put-your-favorite-band-on-repeat dept.
Nerval's Lobster writes "Spotify wants to change the perception that it's killing artists' ability to make a living off music. In a new posting on its Website, the streaming-music hub suggests that songs' rights-holders earn between $0.006 and $0.0084 per stream, on average, and that a niche indie album on the service could earn an artist roughly $3,300 per month (a global hit album, on the other hand, would rack up $425,000 per month). 'We have succeeded in growing revenues for artists and labels in every country where we operate, and have now paid out over $1 billion USD in royalties to-date ($500 million of which we paid in 2013 alone),' the company wrote. 'We have proudly achieved these payouts despite having relatively few users compared to radio, iTunes or Pandora, and as we continue to grow we expect that we will generate many billions more in royalties.' But does that really counter all those artists (including Grizzly Bear and Damon Krukowski of Galaxie 500) who are on the record as saying that Spotify streaming only earns them a handful of dollars for tens of thousands of streaming plays? Let's say an artist earns $0.0084 per stream; it would still take 400,000 'plays' per month in order to reach that indie-album threshold of approximately $3,300. (At $0.006 per stream, it would take 550,000 streams to reach that baseline.) If Spotify's 'specific payment figures' with regard to albums are correct, that means its subscribers are listening to a lot of music on repeat. And granted, those calculations are rough, but even if they're relatively ballpark, they end up supporting artists' grousing that streaming music doesn't pay them nearly enough. But squeezed between labels and publishers that demand lots of money for licensing rights, and in-house expenses such as salaries and infrastructure, companies such as Spotify may have little choice but to keep the current payment model for the time being."

Comment Re:ZeroCoin (Score 1) 287

by ThatsMyNick (#45572935) Attached to: RMS Calls For "Truly Anonymous" Payment Alternative To Bitcoin

To add to that, you might already know the stats about % of notes with traces of cocaine in them. I dont see it bothering people. Well they never know if the cash they have is dirty or clean. The same applies here, they dont know if the coins they have are dirty or clean, they just see at as any other physical coin.

Comment Re:Great but... money better spent elsewhere (Score 5, Informative) 132

by ThatsMyNick (#45566289) Attached to: Indian Mars Probe Successfully Enters Sun-Centric Orbit

Well 73 million is 0.025% of their yearly budget (73m/280b). Spending the renaming 99.975% of the budget will have more appropriately will have more of effect on corruption, poverty, and inequality issues in my opinion. If help improve research and help improve research and manufacturing technology, it would probably more than pay for itself. It would also probably bring more business to Antrix (commercial wing of ISRO), and probably even make money for the Indian govt, and end up with a net gain rather than 72 million expense.

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