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Comment Re:Headlines (Score 1) 147

Giving women equal rights leads to this.

Only if you treat them like shit.

They should have equal rights, but let's not pretend that there wasn't any side affects.

Effects.

Nothing happens in a vacuum.

Treating women like shit makes them not want to pump out babies. Now they have a choice, so they are doing a lot less of it. Literally all it would take to get a large portion (a majority IMO) of them to do it without support from a decent partner would be to gracefully and quietly fund the programs that ensure they will be able to feed and provide medical care for their children even if their circumstances change, but there seems to be a problem even meeting that bar.

Comment Re: Compatibility catch 22 (Score 1) 79

Like any standard, it doesn't have to be fully supported, just "good enough" will do.

Except it doesn't. It's shit all day. It makes people upset all day. This means it's costing productivity all day. See, in the real world with real humans, these user pain points have real impacts on those real people.

HTH, HAND!

Comment Re:All your gaming data belongs to us (Score 1) 37

Remember... your cell phone wasn't made in America, so despite assurances that it can't spy on you or whatever, who really knows what code or abilities might be baked into the main CPU.

Same for if it is made in America. If it's not FOSS, then it's not trustworthy, and even then it's limited to e.g. devices you can build your own firmware for.

Comment Re: Congrats to Mr. Musk (Score 1) 267

Lol. People keep repeating this without the slightest idea what it means.

Banks aren't dumb. The restrictions on a billionaire borrowing money are pretty much the same as the restrictions on you borrowing money. It seems like there are fewer restrictions because (1) they're borrowing much less relative to their assets than you are and (2) you probably have only a vague idea of the process based on people making shit up.

In fact, if you're like the majority of Americans and have ever had a car loan or mortgage, you've pulled off the weird trick of using the thing you're about to buy as collateral for the loan you're going to use to buy it. And if you've got a mortgage, you've probably gotten a special sweetheart deal sponsored by massive government intervention.

Comment Re:Is he really a trillionaire? (Score 1) 267

I'm not sure exactly what you're talking about because you neglected to say what "that" is, but assuming you mean either book or liquidation value, you'd assess SpaceX's book or liquidation value and then give a share of that to Musk.

Yes, it absolutely requires estimation. That's why we have so many different methods despite your assertion that "I haven't seen really any better ideas deployed". The only actual objective method for assessing the value of something is selling it. All other methods are estimates. Market capitalization is arguably the worst because it estimates the value of the whole based on what somebody pays for a (usually) very tiny piece. If I pay you a dollar for a blade of grass on your lawn does that make you a billionaire?

Comment Re: Congrats to Mr. Musk (Score 1) 267

I don't disagree. I said back before the IPO that there were going to be a lot people people buying SpaceX stock as essentially a collectible, like DJT stock. That means most of the value depends on what Musk's next tweet is, or whether he has a heart attack tomorrow.

I don't think it's quite as irrational as you imply though. There is potential in space industry that cheap access opens up. How much is very much a matter of opinion, but it's not zero. Starlink is probably just the first example of something that was not economical at all pre-Falcon but is a pretty good business post-Falcon. There will be a bunch more if Starship delivers, which is looks like it probably will, eventually.

Anyway, "the market" is consenting adults. If somebody wants to blow $170 on a share of SpaceX without any regard for what it's actually worth that's not really much different than spending that much on a $20 bottle of wine at a restaurant. And if you think it's going to be a revolution in whatever, well, lots of people make proportionally bigger bets every day when they decide to start a business.

Comment Re:He hacked capitalism (Score 1) 267

The point of stock markets is to allow parts of companies to be bought and sold by the public. That's exactly what happened. The hint is in that last word, "market."

Everyone knows SpaceX's market valuation isn't super rational just like anyone walking into a Ferrari dealership knows that the price of the cars isn't rational.

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