bedhead

62 ms·

571.
by bedhead 13y ago
It is not a payment system - effectively no one accepts it as payment. And no one spends bitcoins anyway. There is no medium of exchange here any more than there is for Bedheadcoin. It's not a ponzi scheme, just an amusing bubble.
572.
by bedhead 13y ago
Bitcoin is the biggest prank of my lifetime. Hats off to Satoshi for figuring out the most remarkable get-rich-quick scheme in the history of the world. Make no mistake, it will one day go down in flames, and 10 years from now people will w
573.
by bedhead 13y ago
His other mistake? Perhaps all the womanizing and general doucheyness. I am shocked - SHOCKED! - by the implication that his kids turned out to be spoiled brats. http://www.jsonline.com/news/wisconsin/43255322.html
574.
by bedhead 13y ago
You're getting the cause and effect mixed up. Is it probably disproportionately worse in Argentina compared to the US? Yeah. But it's not innate in Argentinians. Corruption, generally speaking, is a function of something else, u
575.
by bedhead 13y ago
Bad routes - If you mean what I think you mean this is irrelevant. No security - I am not sure what you mean but I think it's irrelevant. If shopping centers need tons of security to function, this is the effect of economic policy, not
576.
by bedhead 13y ago
Argentina, for years, has chosen an economic policy something akin to a semi-functional alcoholic. I'm not quite sure what about their economic ideologies are somehow forced upon them despite decade after decade of failure.
577.
by bedhead 13y ago
All self-inflicted wounds. Argentinians could have a stable currency and a thriving, functional economy - there's nothing structural that's stopping them. But they choose not to, and have been making this choice for they last 10
578.
by bedhead 13y ago
Facebook clearly had something two years ago. In 2011 they managed to generate almost $1 billion in free cash flow on almost $4b billion in revenue...obviously there is a business model in there somewhere, even if its valuation is debatable
579.
by bedhead 13y ago
Or, no discernible repeatable method for generating income to ever justify a given valuation. Either one though...
580.
by bedhead 13y ago
This story line is so incredibly hackneyed. It's boring. You either believe that Amazon is a giant non-profit, some kind of cosmic joke that Bezos is playing on the world, or you believe that Amazon is one of the most unique and brilli
581.
by bedhead 13y ago
As best I can tell, Mayer believes deeply in reflexivity, which might not actually be a bad strategy. Probably figures if she repeats claims like this over and over again, and make a couple acquisitions that kinda-maybe-sorta insinuate that
582.
by bedhead 13y ago
Maybe we can channel Potter Stweart into an algorithm somehow?
583.
by bedhead 13y ago
I saw the wind-down language but it lacks specifics. I figure there's a slim chance of non-renewal anyway but sometimes these things get awkward. Interesting thing about Veeva is that unlike every other saas company on earth, they actu
584.
by bedhead 13y ago
Investor here. This seems like an unusual arrangement for Salesforce, any idea why they didn't try to acquire Veeva a few years ago? Any idea what will happen in 2015 when the deal comes up for renewal? Thanks
585.
by bedhead 13y ago
Just run a little experiment in Excel to see what I mean. Plug in 100 numbers representing wealth in a normal distribution. Then fast forward these over say, 25 years. But the key here is that the top ~20% grow at 15%, the bottom 20% grow a
586.
by bedhead 13y ago
The widening wealth inequality as it relates to inheritance can be explained mostly by one simple concept, something Buffett himself call the most powerful force in the universe: compounding. Wise people with money, given enough time, will
587.
by bedhead 13y ago
> They could easily be profitable if they cared to. They don't. I frequently wonder about this. Funny thing is that none of these latest crop of tech ipo's, which are mostly saas or social media companies, actually make money.
588.
by bedhead 13y ago
This is what they're working on while shutting down Reader? Guh. And yes, I will make a similar comment every time they roll out some inconsequential new product or feature.
589.
by bedhead 13y ago
As a bike commuter and roadie, I'll just say that doing ~35mph on roads that have cross traffic without stoplights like this seems crazy to me. The accident could easily have been either one of their fault, or shared fault, I dont know
590.
by bedhead 13y ago
Except that spectrum has been deemed a public good. The phones that utilize that spectrum are not.
591.
by bedhead 13y ago
What is deceptive about the sales process with respect to subsidies? It seems pretty straightforward to me, and anyone who cares enough to ask can find out the details in a matter of seconds.
592.
by bedhead 13y ago
Could it possibly just be that he's poor because: 1) he's not a good enough writer to earn more. 2) he's chosen jobs that have little hope of a lucrative payoff. 3) his personality is such that he gets fired from everyplace h
593.
by bedhead 13y ago
The consumer side of me likes this...the libertarian side of me laments it. Why not just go ahead and force Gilette to make their razor's handles fit Schick blades, or have Macs come pre-installed with Windows too, etc? Maybe not 100%
594.
by bedhead 13y ago
Ahh, the great timing mismatch of public office electoral cycles and union pension/medical expenses. Incentive misalignment at its finest.
595.
by bedhead 13y ago
Take your inane conspiracy theories someplace else. I'd like to say more derogatory things but I'll refrain.
596.
by bedhead 13y ago
Flexible displays would certainly be neat, but their utility for a cellphone largely escapes me. Wearable peripherals are a different category, they're not smartphones. Regardless, I dont have terribly high hopes for these future devic
597.
by bedhead 13y ago
Both, although more so the latter.
598.
by bedhead 13y ago
Smartphone hardware is in the 9th inning. These devices have mostly hit the natural limits of what's achievable for now. Bad for Apple since this effectively levels the playing field.
599.
by bedhead 13y ago
$24 billion. That's the increase in market value as of 15 minutes before the open. This has to be a record for a CEO announcing he's leaving. I've always wondered how much these types of things bruise the egos of the retiring
600.
by bedhead 13y ago
Extremely well said. Amazon remains one of the most bizarre companies in the world, and I mean this as a huge compliment. The only other company I can think of that's managed like Amazon is Berkshire Hathaway (and maybe Exxon). I am ta

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