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Comment Re: Oh well (Score 1) 245

They can work, but they have major issues.

1)For at least the first 6 months, if not the first several years, it will take more time and money to teach them than they generate. Why would any company do this?

2)As a hiring manager at company B, I see you apprenticed at company A. I have no idea if that means you're qualified. I can't trust company A to tell me, they're a competitor. Schools stand as a neutral 3rd party telling me that they've completed a set curriculum and should know that much. It's not perfect, but it's a start.

3)Some fields just have a huge amount of up front learning before you can be useful at all. Apprentice plumber? You can run and fetch tools and hold things in place while you watch and learn. Apprentice electrical engineer? You have no idea what inductance is on day one. There's literally nothing you can do. So basically at this point you're hoping the company sets up a school.

Comment Re:"Just" 59K (Score 1) 98

Central banks do a lot of useful things, but they don't give currency a value (they can, however manipulate the value others give it by printing it, destroying it, changing interest rates, changing the amount of reserve banks need and the multiple they can lend, etc). What gives a currency value is supply and demand- the fact other people want that currency. Which is also what sets international exchange rates.

There's also the fact you need it to pay taxes, which sets a base amount of demand. But beyond that it's all supply and demand when deciding how much value it has against other currencies or physical objects.

Comment Re:C (and here are somemore chars to satisfy the b (Score 4, Informative) 40

Why would you do that? If you're using it for non-strings, you'd never have used strncpy, you'd have used memcpy. Which is the same thing without the null termination rules of strncpy. You'd never use the str versions unless actually working on strings.

Comment Re:It's gonna be fun (Score 1) 44

Of course if those aren't securities, then the entire site is illegal as it's operating as a securities exchange. That's their legal argument for why they aren't gambling sites, and shouldn't be regulated by state gaming commissions. So expect the full might of all those prediction market sites to be lining up against that argument and for finding him guilty.

Comment Re:Scalper incentive (Score 1) 41

Scalping isn't, and shouldn't be, illegal. You own the ticket, you should be able to do what you want with it, including reselling it.

And no, getting rid of scalpers wouldn't make ticket prices higher. Scalpers exist because the concert ticket prices are lower than what the market will actually bear. If a theater full of people are willing to pay 1K for a concert and they sell the ticket for 500, a scalper can make a profit via arbitrage. The only actual way to get rid of scalpers is to raise the prices to the sky (like 2-5x current prices) and slowly bring down prices over time until they're all sold. But my guess is you probably wouldn't like that any better, as the end price would likely be higher than the current scalpers price.

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