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Comment Re:Uber is as safe as taxis (Score 1) 471

Liquidity is way overrated. This obsession with liquidity led to financial innovation like CDOs. Often a focus to increase liquidity mis-calculates risk and overlooks the trade-off.

For a local transportation services, I'd prefer price consistency over a step-improvement in efficiency by liquidity measures like surge pricing. Dual-rate peak pricing is only acceptable because it is consistently applied at a fixed schedule.

Comment Re:Interesting; likely more limited than advertise (Score 1) 82

There are way more Kickstarter failures than successes and seeing that this is one of the more ambitious projects, it is very unlikely to actually deliver anything close to what was promised.

Here is another analysis of the product by a analytical scientist.-

"I've finally learned what `upward compatible' means. It means we get to keep all our old mistakes." -- Dennie van Tassel