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Comment Re:What about the power requirements? (Score 1) 98

At a U.S. average of 0.86 pounds of CO2 per kWh

In France, where two thirds of electricity production comes from nuclear plants, the carbon intensity is 10 times lower: 39 gram CO2eq/kWh. I'm not saying that this makes diamond dust a feasible idea, but using the US number is probably not the best choice in this calculation. To get an idea of the varying carbon intensity of electricity production around the world, see electricitymaps.com.

Comment Re: "It is due for a correction" (Score 1) 190

In principle you could look at actual transactions (goods, services, settlements of debt...) that are being settled in bitcoin. Then equate the flux of value being exchanged (e.g. dollars/day) to the amount of bitcoins that are observed to move over time (e.g. bitcoins/day). Solving that equation should give you a rational lower bound for the dollar value of one bitcoin. In practice it will be hard to get those numbers though.

Comment Re: The very definition of pump-and-dump (Score 1) 190

You need to go to "preferences" and change the "display volume in" setting from "bitcoin" to "selected currency". Otherwise the volume will appear to be much lower than it really is, because of the price rise. Also, large trades (i.e. over $100K) in illiquid markets generally happen via OTC trading desks. That volume will not show up here, we're just looking at the volume of the public order books.

Comment Re: NASA did not discover 16 Psyche (Score 2) 192

Even that is not new. Psyche has been known to be a metal asteroid for a long time. It's mass and size has been estimated, and it has a high radar albedo. An exploration mission has been planned for years and will launch in 2022. A more accurate but boring title would be "Hubble collected some more data about known metal asteroid".

Comment Re: Feeling is mutual (Score 3, Interesting) 134

Your story seems to be bases on this article which uses a hypothetical free market for ice in advance of a hurricane as an example: https://mises.org/library/pric... I doubt the "late train of ice" thing ever happened, it sounds like somebody expanded the ideas in that article with an imaginary example of government waste/failure to turn it into a good story.

Comment Re:Not aimed at vegans/vegetarians (Score 1) 132

The conversion efficiency of plants to meat via cows is about 3%. That number is roughly the same whether you look at the conversion of plant protein to animal protein, or just calories. So all a good plant-based meat substitute needs to do to be more efficient, is not lose 97% somewhere in the processing. https://iopscience.iop.org/art...

Comment Re:Not aimed at vegans/vegetarians (Score 1) 132

Average people aren't in any meaningful way a target demographic for this sort of stuff because for average people, food isn't a fashion statement. It's an expense.

I think price is precisely why this is going to be hugely successful. Making a meat equivalent directly from plants will eventually be a lot cheaper than feeding a cow for a few years. Right now it's still selling at a premium because the production scale isn't there yet and they can't keep up with demand, but give it time. The price will get there.

Comment Re:Not to mention Musk's capital-raising smokescre (Score 2) 258

Musk conveniently says that developing and manufacturing his super-chip itself will require raising capital

What is your source on this? According to the information given during Autonomy Day, the chip is already in all new model 3, s and x right now. And manufacturing of the chip doesn't require any Tesla capital expenditure because it's done by the Samsung fab in Texas.

Comment Re:That's called deflation, not inflation (Score 1) 141

I'm not sure whether inflation is good or bad overall, but I don't think inflation is a benefit for those paying of a mortgage. Lenders know about inflation, so they will increase the interest on the loan to compensate for it. There's no way that inflation is going to make your debt evaporate.

Comment Re:Not gold [Re:collectables have a limit.] (Score 1) 76

On Earth, gold veins are produced by aqueous processes. You wouldn't expect that on asteroids. Platinum, and platinum-group metals, on the other hand-- these are siderophiles, and hence depleted in the Earth's crust. Good elements to look for in asteroids

Um, gold is also one of the siderophile elements.

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