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Comment Re:Event everyone predicted comes true -- More at (Score 4, Insightful) 87

In the last 5 years the value of Bitcoin has increased 4,800%. You remind me of the guys saying Tesla is a bad investment when in reality the stock has increased 14,000% in value since inception.

The difference is that Telsa has something of value behind it... Cypto is pure ether

Buying crypto is NOT investing it is gambling and the hope is there are more fools down the line than you.

Comment Re:Or, to rephrase it... (Score 1) 48

Interesting, thanks for the perspective.

Being old enough and having lived through the TQM and TQL days, I remember one of the principles of the TQM prophet Deming was to eliminate fear in the workplace so that employees can work effectively toward some goal. I can see if there are constant layoffs, people will become very attuned to survival and act in ways not productive toward a common goal and maybe even sabotage their workmates.

Comment Re:And it will stay that way (Score 5, Informative) 266

I live in an area where mining occured for decades without gov't regulation. Today it is 50-mile super fund site. You are warned not to eat on picnic tables at boat launches and children should not wade along the shorelines because of heavy metal contamination. Dead water fowl is common along the many wetlands below the mines and mills. Starting back in the 70s children were tested and 99% of the children had blood-lead levels over 40 g/dL with a high of 164 g/dL. Medical interventions are necessary when a child is found with a test result of greater than or equal to 3.5 g/dL.

So preach to us on the evils of govt bureaucracy.

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