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Comment "Free" routers included with broadband? (Score 2) 180

Does this include the "free"/rentable routers included with most ISP broadband? The providers build in the cost of super-cheap routers and finding non- Chinese ones will be hard or more expensive. No doubt the broadband providers will use this as an excuse to raise rates (while still using Chinese equipment).

We'll be left with routers that are backdoored by:
US
China
Broadband provider

What could go wrong?

Comment Re:Subscription, or lease? (Score 1) 54

Commercial leases are often FMV or $1 buyout which determine what happens at lease end.

A Fair Market Value (FMV) lease is a flexible financing agreement -- often called an operating lease or "true lease" -- where you pay for the use of equipment over a fixed term rather than paying to own it. At the end of the term, you have the option to purchase the asset at its current "fair market value," return it, or upgrade to newer technology.

A $1 buyout lease (also known as a capital lease or finance lease) is a lease-to-own agreement where you pay off the full cost of equipment over a fixed term and then purchase it for exactly $1.00 at the end. Because the ultimate goal is ownership, this structure is essentially an installment loan disguised as a lease.

There are some tax and accounting differences between these options.

Submission + - Celebrating 5 decades - Original code for Altair Basic (gatesnotes.com)

klubar writes: Bill Gates reminisces about developing the original basic for the Altair 8800. Links to the original ASM code (PDF) in fanfold. Bill, Paul Allen and Monte Davidoff took about two months to develop the code — using a PDP-10 simulator for the Intel 8080 chip.

"I still get a kick out of seeing it, even all these years later," Gates said. "Computer programming has come a long way over the last fifty years, but I'm still super proud of how it turned out."

Comment My memory may be missing a few bits, but... (Score 4, Informative) 36

...I remember running Unix on a PDP-11 at Princeton U in 1974-78. I'm pretty sure that the original Bell Labs Unix was developed on the PDP-11 by Brian Kernighan, Ken Thompson & Dennis Ritchie. They may have been hanging out at Princeton at the time.

Again, my memory is a few bits short on the details.

Perhaps this wasn't an official "DEC Unix" as that hadn't been invented yet. Also remember running RT-11 and RSTS on the PDP-11.

Those were the days of great mini computers!

Comment Not quite true "Accepting cash costs the retailer (Score 1) 304

Cash is somewhat expensive for retailers. No one ever stole the credit card receipts. With cash you need to pay for a transfer company, do register accounting and train employees.

Credit card transactions are a bit faster than cash or check. And with credit (or debit) cards there is almost no risk of fraud. You know the customer is good for the payment and the cashier isnt pocketing the cash.

That said, the rent is too damn high.

Comment Zelle versus venmo (Score 2) 58

I was surprised to find that Zelle has higher dollar volume than venmo:

151 million consumer and small business accounts are enrolled to use Zelle, an increase of 16 million from 135 million in 2023. Zelle transactions grew 25% from 2023 to a total of 3.6 billion, exceeding $1 trillion in annual payments volume for the first time.

Comment Image what the protocol could do for the internet (Score 3, Informative) 55

I thought this was an posting on bring back the Gopher Protocol:

The Gopher protocol is a communication protocol designed for distributing, searching, and retrieving documents in Internet Protocol networks. The design of the Gopher protocol and user interface is menu-driven, and presented an alternative to the World Wide Web in its early stages, but ultimately fell into disfavor, yielding to Hypertext Transfer Protocol. The Gopher ecosystem is often regarded as the effective predecessor of the World Wide Web.

Now you kids get off my lawn.

Comment Re:if it's one to one (Score 2) 20

Services like FedNow and ACH RTP are nearly instantaneous and have a much lower overhead cost than a trip through "stablecoin". The limits are $500,000 for FedNow and $1 million for RTP.

There's always old school "wires" which can have higher limits -- and slightly higher fees (around $15 or less for commercial entities).

Tell me again the value of the stablecoin approach? Other than another intermediary that can take a little bit of the pie.

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