4 ms·
Yeah, but they have to hold on to that stuff for a while. a 5 year old cash is still cash. a 5 year old computer is a doorstop.
by jfoutz 15y ago
Yeah, but they have to hold on to that stuff for a while. a 5 year old cash is still cash. a 5 year old computer is a doorstop.
- echo-unity 15y agoI would point out the fallacy in your statement - but I will let you figure it out in the next 5-10 years.
- Tuna-Fish 15y agoI would be very interested in the fallacy you see, yet I see none.
- lwat 15y agoServers lose 90% of their value in 5 years. Cash will not.
- dstorrs 15y agoYes, but the data on the server may still be valuable (e.g. to an identity thief).
- stickfigure 15y agoReaders from Argentina and Zimbabwe might disagree.
- jfoutz 15y ago2 things. 1. Police are taking at least 20% hit right off the top. so, sure $1000 turns into $750 at 5%, the police are going to be looking at $600 profit, at the very best. a $1000 computer would be more like $100 dollars after five years, in which the police keep $80 bucks. 2. You can pirate all the copyrighted material you want in Argentina and Zimbabwe. Furthermore, neither of those countries really care about property rights. if the government wants your stuff, they just take it anyway.
- draggnar 15y agoI believe he is hinting at inflation damaging the value of cash in the next 5 to 10.