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Comment Re:Sounds more like credit and not cash. (Score 1) 14

Yes.. Because here's the problem with allowing "reversing" payments of money that has already been spent.

Step 1. Person A sends 10 coins to buy from Fraudster B.
Step 2. Frauster B takes the 10 coins and uses them to buy a pizza from legitimate seller C, which they then consume.
Step 3. Seller C spends the 10 coins to buy some goods from Seller D.
Step 4. Seller D uses 5 of the coins coins to pay employee E's wages.
Step 5. Employee E uses 5 coins to buy a pack of smokes, which they consume.
Step 6. Person A discovers that they've been scammed and Fraudster B is not sending their item. Wants their money back.

Where is Person A's money going to come from?

I think you have to either make the coins locked so they _Cannot_ be spent until the time to reverse the transaction expires.

For example:

Option 1: Temporary freeze after every spend with reverse option that expires. Instead of "Person A sends to Person B" You have: Person A sends to a conditional subaccount of Person B which contains a programmatic clause that "an agreed upon contract reverser" can Reverse the transfer And a programmatic clause that Person B cannot spend the coins further until a set period of time elapses -- after which point in time Person B is allowed to move the coins out of the subaccount and remove all the conditions.

Option 2: Conditions added, where Person B can only make further transfers with the same two restrictions Until a set period of time elapses.
And the second condition allows a specified authority to spend the coins back, so long as a set amount of time has not expired.

This way Person B can spend the coins, but they are encumbered, and Seller C has a chance to see that the coins have a risk of being yanked -- and decide for themself whether to accept those coins as payment based on whether Person B can establish their trustworthiness.

In either case... Any system that allows reversing transactions without ensuring that Everyone in the chain being sent coins can reject that payment knowing it has a chance to be reversed is fundamentally unfair, since it put them at unreasonable risk having to take the fall for someone else's violation.

Comment Re:And water is wet (Score 1) 39

The subject says fossil fuel burning. If you want to extend this to all PM2.5 then you run into the tragedy of overly sensitive measurements. Now you need to measure everything to decide what to deal with: nuclear plants, farts on a bus, fentanyl smoke from the hobos on the street corner, etc.

Unless you are suggesting that we pre-select sources from a list of things you don't like. Well, I don't like your after shave.

Comment Re:THEN STOP USING IT! (Score 1) 40

I said it above: VirtualBox. If it can provide the same service

Actually VirtualBox cannot. Loading up VirtualBox with a bunch of servers would definitely cause performance and downtime issues. Virtualbox is not a stable platform for large-scale virtualization, And does not have crucial cluster management features such as HA, DRS, and network virtualization options.

VMware vSphere is used for business-critical servers that need to be performant, stable and run 24x7 without downtime.
 

Comment Re:Details (Score 1) 73

Abandoned hotel rooms? How is anything abandoned in NYC in 2025?

Builldings get abandoned when the owner is unable to rent them out: Either due to regulatory reasons, such as the city won't issue the necessary permits, Or due to the lack of anyone willing to currently pay the demanded per square-footage rent on the rooms or the space. Large property owners will Not reduce the rents much -- as it can impact the market rates on their other property. It benefits certain owners more to take their property off the market in that case to avoid reducing market rates on their own product.

Comment And water is wet (Score 2) 39

coal and oil burning for power generation

It's been known for quite some time that scrubbing coal and oil (specifically bunker oil) combustion products of particulates isn't economically viable. That's why we switched to natural gas in many cases. Much less stuff to scrub.

Save the crude oil for lighter fractions of lubricating and fuel products, fertilizer, drugs and other petrochemical products.

Comment Good riddance (Score 1) 51

You wanted to create "dark markets" to hide your trading and ownership from public view? This is what you deserve. Investors need to be wary of putting their money into markets where the products and pricing can't be examined by many eyes.

survival depends on how forgiving limited partners -- the entities, including pension funds and endowments, that have invested in private equity firms -- prove when firms return for new fundraising.

Blackmail. "Pay us some more or your existing positions evaporate." Also blackmail in that if the situation doesn't change (to bail out PE funds), pension funds and endowments will lose their investments. Public employees pensions, universities, etc. What will happen to all the rich assholes who were first in? Waiting in line to cash out for 100%, I'll bet. TFS says they have $900 billion in uncommitted funds (the uncommitted part of $1.2 trillion). So, they're not broke. Unless they need the new funds to pay back the existing investors. That's a Ponzi scheme and we already have a place for your kind.

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