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Comment Not Happening (Score 4, Insightful) 401

My concern [is] that if some areas, city, states, or what have you, jump over those various checkpoints and prematurely open up without having the capability of being able to respond effectively and efficiently,

If after all these weeks the government doesn't have the capability, they will never have the capability.

Comment Re:The what? (Score 2) 139

and when the cost is to high and miners give up?

There is a mechanism where people who want to prioritize their transaction can pay a fee to prioritize their transaction in the queue. If miners drop out because the mining reward is too low, then the ability of the network to process transactions will be reduced. But if transactors offer a high enough fee, then the miners will stay. This may simply be a swap from miners earning bitcoins as a hash reward, to earning income from processing fees. And fees may become the norm if it takes several hours or perhaps days to process with no fee.

Comment Not A Basic Income (Score 3, Insightful) 560

$600 per month is not a basic income. Here in the United States it would qualify for extreme poverty. Of course people are not dis-incentivized from working. This study cannot prove what individuals might do if given enough money to subsist.

Comment Re:Unique weapon (Score 2) 114

I really do not understand why anyone would want to bring those days back. As someone who lives in the United States, I am a lot less worried the conscious actions of state actors with satellites and nukes, than technical problems resulting in first strikes which are thought to be retaliatory ones.

A lack of military preparedness does not prevent war. It encourages it. There was no shooting war in the 1980s.

Comment Others will do it (Score 0) 136

Even if the big sites manage to eliminate price gouging, there's nothing that prevents the sellers from setting up their own sites, thereby cutting the big websites out if the action. Just last week I was getting a ton of 3rd party ads for N95 masks. And if they try to crack down harder, then the authorities might actually popularize the Dark Web. It's like they don't actually know how any of this works....

Comment Lesson from Italy (Score 5, Insightful) 287

A few days ago, the quarantine plan in Italy was leaked, causing some travellers to accelerate their travel plans to beat the quarantine. Thus, the virus has spread more. Sadly, some people who are privy to information will abuse it to benefit themselves to the detriment of everyone else.

Comment Re: Not just smart phones (Score 1) 43

Should have diversified. Get that Foxconn plant in Wisconsin up and running already. Automakers figured this out decades ago, that you should have multiple suppliers in case one of them has a shutdown. If you want to be a billion dollar company, then you need to start making smart decisions. I don't feel sorry for those who make easily foreseeable mistakes.

Comment The Population Bomb (Score 5, Insightful) 187

I remember there were a number of scary predictions in the past, like The Population Bomb which predicted hundreds of millions would die from starvation by the year 2000. And Peak Oil, where the world would run out of reasonably priced fuel. The predictions of doom, of course, never happened. The models are usually wrong, and they often don't account for free market incentives to produce or innovate.

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