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Comment Currency is a type of commodity (Score 1) 47

I like the idea of Bitcoin. It's fantastic.

Not if you actually understand finance and risk it isn't. Bitcoin is an interesting experiment in some ways but as a practical matter for real world use it's rather clumsy, risky and impractical. It's flawed in so many ways I barely know where to begin. The only thing about it that I really think might eventually prove valuable is the block chain technology which has applications far beyond bitcoin.

But in reality it's still trading more like a commodity than a currency.

Currencies ARE commodities. The term commodity is specifically used for an economic good or service when the demand for it has no qualitative differentiation across a market. A dollar is a dollar no matter where you trade it. Don't feel bad, a lot of people fail to understand this. Currencies in forex markets are traded very much like other commodities. They're just an abstract/intangible sort of commodity rather than bars of gold or barrels of oil. There is some nuance to the market just like every other commodity but they really are commodities all the same.

Comment Re: Obama has no right to do this (Score 1) 388

I'm not talking about what is right and what is wrong, better or worse. I'm describing what is, and why it was originally put there. I gave no normative direction on it at all. It takes a constitutional amendment to change it. So, either run for office yourself, or get on the horn to your congressmen, because 'fairness' speculation is getting you nowhere.

Comment Re: Obama has no right to do this (Score 1) 388

That's fine, then someone should write up an amendment, get it passed and ratified by 2/3 of the States. Nobody is really a 'proponent' of it, as far as I know, it just hasn't had any real congressional Opponents who weren't only griping about losing elections. It's just not been changed because that's the way it has been, and changing it is hard.

Comment Re:Um.. the populuar vote is very, very real (Score 2) 388

It's in the constitution. Which was created before republicans. There never was a 'national' vote. It was ALWAYS the states picking. Of course, you can change it by passing a constitutional amendment. At the time it was designed it was meant to prevent people in one state from having an influence on how another state voted, which as we see, is pretty much what it does.

Comment Re: Obama has no right to do this (Score 4, Interesting) 388

I didn't vote for Hillary or Trump, but yes, this is true. The popular vote is actually not even an official thing at all. It's a media invention. The states vote. They vote with electors. How they apportion their electors is up to them. Adding California voters to Florida voters as a big total is actually an apples to oranges mistake.

Comment Translation (Score 5, Insightful) 157

Verizon will not be taking part in this update because of the added risk this could pose to Galaxy Note 7 users that do not have another device to switch to

Translation: "This will result in a lot of pissed off customer calling us about the problem and we don't want the expense".

Comment What benefit to Michigan? (Score 1) 125

And MI is a great state for automated driving systems to test again bad weather road conditions and construction re-routing....

Which is fine but does little for the economy of Michigan by itself. Employs a few engineers and support personnel but what else is the benefit to Michigan? Hope a few businesses take root as a result but I'm not holding my breath.

Comment Hitchhiking is (mostly) legal (Score 1) 125

Isn't hitchhiking illegal in most states?

No, actually hitchhiking is perfectly legal in most places. A few states ban it but in most places it's just illegal to actually stand on the road when soliciting a ride. Stand to the side of the road and you are not breaking any laws. And even in places where it is illegal the police mostly don't care all that much.

Comment Band aid fixes (Score 2) 125

"It makes Michigan a place where particularly for the auto industry it's a good place to do work,"

Yeah except for the shitty roads, expensive labor, unsupportive government, hostile unions, etc. Other than that it's awesome. I find it hilarious that the state most closely associated with the auto industry has some of the worst roads in the country. Good place to test handling and suspensions I guess. Anyway this doesn't really matter much unless they can keep the companies that own the technology doing it in Michigan. Who cares if Google develops self driving tech in Michigan if Michigan doesn't see any of the financial benefit from that.

The thing that Michigan (particularly SE Michigan) has going for it is that the auto industry has a lot of residual talent left in the area. There is a ton of engineering and production capability. Michigan can be a great place to work on some really interesting technology. Seriously, it's hugely underrated as a tech hub but Michigan is one of the best places to be for high tech jobs. Too bad the state has dropped the ball in so many other areas. It's a beautiful place to live and work (outside of Detroit City proper anyway) and it's kind of a shame what has happened to the state in the last several decades.

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