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Comment Sounds like they should leave (Score 0) 57

If they feel like they are being targeted and leave for China vs any other western nation then obvious they should be targeted. To choose to live under Communist rule.... You have to suppose that it's for a large paycheck too... precisely the type that would sell secrets be they national or trade secrets.

Comment Near zero chance of a planet falling into one (Score 1) 53

To fall into a back hole there is a very narrow zone in it's flight path as far as sucking up planets while flying through a solar system. The chances of it actually flying through a solar system is astronomical. More likely and destructive to earth and life on any planet is a black holes ability to disturb orbits even slightly which is far far far more likely even though the chance of it happening itself is so unlikely. More likely are solar systems as a whole changing trajectory very slightly very much like rogue stars doing the same.

Comment Conflict of interests (Score 1) 19

You have the people at the top needing to play it conservative because all it's big paychecks come from companies that are comfortable with the status quo and rightfully see new innovations as their competition, or competition to others that pay them money as part of their business circle of life. If they invest in innovations then they anger the people that are part of their current revenue stream. Businesses/people can't significantly/publicly dip their toes in multiple competing business models. You have to pick a side. It's it's own cycle of life. New paradimes become old paradimes.

The people at the top know the paradimes everywhere are changing. The trick is timing. Knowing when to jump ships so as not to fall in the icy waters.

Comment Native Americans can't be successful at business.. (Score 1) 172

So Native Americans lease out an area of there land for money to a company. The company purchases and installs solar equipment and computers. Spending their own money or borrowing against other property they own. This is all done at their own risk that bitcoin does not crash. Their own money and asses on the line for this investment. Nothing Native Americans are not capable of doing themselves. The Native Americans are landlords and made a deal to rent land to a business. Now people are upset that that Company is doing well and making money?

It's open land. They undoubtedly reached a reasonable price leasing the land. The business could have probably leased similar plots of land to setup that business for about the same amount of money. Sounds like a win win to me.

Nothing is stopping anyone from doing the same thing including any Native Americans. Raise the capital and build it. Hope the market doesn't throw a curve ball.

Comment Maybe a better explanation... (Score 2) 256

It's called Quality Assurance.

Most things are produced in areas with the cheapest labor and so workers have no personal pride (and bosses that just say work faster and also don't give a darn) and no reason to care about quality of the work they do. So you contract with them to produce quality parts and let them know the testing standard. You process everything in batches according to statistics. If it fails the testing you reject the batch and company you ordered from has to redo the order at their expense. Therefore they can't cheat and are motivated to produce at a quality that will always pass the quality specified. If you don't do this companies that manufacture are economically motivated to cut corners.

The Japanese use to be know for making junk. They learned quickly enough about Quality Assurance (20-30 years; a generation and a half) and are now mostly acknowledged for their quality.

Comment Trying to muddy the water. (Score 3, Interesting) 53

The point of crypto is to keep it out of the control of any government or any other power. It's designed so that if you wanted to destroy a crypto you would have to invest so much that once you had control you would only be burning your own money if you tried to sabotage it. From the start it has a built in inflation rate as well a presumed expectation of people loosing their passwords. Governments can't control a crypto currency unless it's designed for them to control which would make it the equivalent of cash so why even bother except it would be digital transactions which could be more easily tracked by computers.

I don't get why people even bother with bitcoin as there are more private coins out there. I think the more tracked ecoins out there the more governments hope you trip up and associate accounts by accident. It's the same theme as why governments don't want people to get in the habbit of encrypting all their communications and using good crypto hygiene.

Comment Motive (Score 1) 64

I going to speculate that building power grid battery systems is in Tesla's interest in order to achieve powers of scale for production. Lithium-Ion is ideal for a mobile batteries and not stationary batteries. But it gives them a place to dump batteries that do not meet spec. This is the same motivation behind it's powerwall batteries but on an even larger scale. It's gives them plenty of room to experiment and tweak production methods.

Comment China should focus on Quality Assurance (Score 2) 65

They should have a new cultural revolution. Might take 25 years. Focus on changing engineering culture. They should not do this everywhere but just have a strong movement for at least 10% of production. Quality Assurance is about not taking peoples words or promises but rather rigorous testing. The cultural change they need to enact is one of accountability, pride, and the dishonor of those that cheat. They need an Elite. Further they need to change how they deal with trademarks and counterfeiting.Nothing wrong with knockoffs but you can't pretend it's the genuine article. You have to compete with performance. The Chinese if they wanted to could easily match the Japaneese and even the Germans in quality. But it would require a cultural change to their work philosophy.

Otherwise any other achievement is a joke. What good is building a thousand missiles if only 50 make it to the target.

Comment Bitcoin is mostly legitimate (Score 1) 119

But it has problems. As a pocket cash replacement it takes way too long to process transactions. For large transactions most people don't make except for buying a car or a house it's reasonable.

But all the speculation is not good and in my opinion detracts from the currency. My hunch is that there people artificially propping up and pumping the market in order to dump mom and pop investors. Low to high and then crash. Pump and dump.

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