Not quite true, since you're paying payroll taxes regardless and just not anything for "federal income tax withholding". However, since payroll taxes are a 16% proportional tax on your income, its a little unfair to characterize them as escaping all income taxes, especially in the context of social security and medical benefits, which are taxed regardless even in the "0%" bracket.
Doesn't this story of MtGox completely invalidate the idea of Bitcoin? It was made to appear safe due to an algorithm, but obviously it can disappear without a trace and then what? There was never any sovereign authority behind that currency. Thus no international muscle to go track down the bad guys or figure out what happened. If anything, the international banking community will simply say "told you so..."
Exactly the opposite. Mtgox's failure stresses the need for the original purpose of Bitcoin; removing the need for counter-party trust. Storing your assets in any third party or hot wallet goes against the intention of the Bitcoin protocol and is foolhardy. Bitcoin is just as susceptible to being stolen by con artists, governments, and corporations as greenbacks are. Some users learned the hard way that Bitcoin is as safe or dangerous as you choose to make it.
Worse. Let's say that you accept Bitcoin payment years from now and it turns out that that money was part of the MtGox heist. Congratulations, you've now received stolen property, which in many jurisdictions means that it may be taken away from you at any moment, all quite legally.
The value of a currency is often predicated on having enough of a market in which to spend it.
The US government backs the USD in two important ways; the first, though FDIC et al, by ensuring that there are safe places to store your USD while you're not using them. As we can see, that's not an insignificant benefit.
The second is by guaranteeing that you'll be able to use those USD to pay all of your public debts - taxes, fees, permits, &c. That automatically grants a critical mass as far as having places to spend USD, which means that other people will accept the currency, which then snowballs until you have an effectively universal acceptance rate.
Currently, no Bitcoin backers offer anything close to either of those two benefits.
Double-whoosh. A reigning monarch reins in when it rains.
Oh really? How's that been working out for you so far? How many - even of that self-selected few - actually compile their mobile OS from hand-verified source, pray tell?
Actually, while its had for people to grasp a market of a billion people, its even more staggeringly harder to grasp the idea of a non-market of 3.5 billion people.
Keep in mind that the median worldwide household income is under $10K/yr...
I'd push greater commitment to keeping the essential components of the system under FOSS licenses onto the head of that list.
If this really can work for ~3.5 billion people who currently don't have a decent mobile OS (a claim about which I remain skeptical), I guarantee you that at least 3.49 billion of them won't give a damn whether its FOSS or not. Of the remainder, most surely won't care whether its GPL, BSD, or PirateBay licensed.
How 'bout a beefy UPS? That allows the simple "continuous power" scenarios to be considered again, and is far cheaper than staffing a desk.
Badging in a door adds approximately half a second. What precisely are you envisioning that would be fine if stopped in 1 minute (aggressive timespan of notification to someone outside the room to them arriving and taking an action) but complete shite if stopped in 1 minute 1/2 second?
Because there's a difference between attracting users and monetizing them?
Unfortunately, it is already wired for 200 amp service for a reason. Many American homes with dryer, range, electric AC/heat, and electric hot water cannot take another 50 amp load without the real possibility of exceeding 200 amps. Having a 200 amp service is no guarantee your ready to add Tesla charging.
So set your charger to run between midnight and 6am - easy. Or some other time when you're unlikely to be running the dryer, cooking, cooling your house, and heating lots of water all at the same time.
The stock was up as high as 17%, and closed up just under 14% (+$30 on the day to $248). With Morgan Stanley estimating a $320 price there is probably significant growth left, It seems they will have no problem funding that 5 to 7 Billion dollar battery plant.
You realize that unless they do another offering, are are buying another company with stock, the rise of fall of the price in the secondary market has absolutely no affect whatsoever on Tesla's ability to build a plant?
Assuming that you see nothing wrong with comparing a Civic to a BMW 7-series purely on cost either, then your comparison is valid. Otherwise people might think that it was a wee bit skewed.
Still only barely competitive with a carpool, which is a shame - though again, to be fair roads are also subsidized somewhat.
Urban roads cost somewhere in the neighborhood of $15 million per lane mile (and up from there). Also remember that most roads have at least two lanes. Even adding a lane to an existing road can cost ~$5 million per mile. Commuter rail is usually dirt cheap in comparison to road expansion, but since maintenance and construction costs are so much less they have far fewer voices during bond elections than the concrete guys do.