mrep

41 ms·

421.
by mrep 5y ago
I mean, we can compare it to mastercard: 74 billion transactions a year for mastercard vs 100 million a year for bitcoin. Mastercard revenue is 15 billion while bitcoin has 21 billion in annual mining fees. So mastercard processes 740 tim
422.
by mrep 5y ago
Yeah, usehackernews@ can you detail which exchanges he is using on both ends because I'm guessing your standard ACH transfer to an exchange to make the initial USD->Bitcoin transfer would probably make the supposed time speedup moot
423.
by mrep 5y ago
My citi card offers virtual 1 time use numbers [0] and comes with all the normal benefits that you get from credit cards. Also, you are trusting that the person you are sending money to honors their agreement as there is no intermediary to
424.
by mrep 5y ago
Why on earth do you want/need that much cash?
425.
by mrep 5y ago
I'm guessing he had a fraudulent bank account opened in the owners name with the address as the house and then stole the bank mail as the bank mail would have apparently worked as verification as the original person for the sale accord
426.
by mrep 5y ago
Title insurance at least here in the US. Not sure what you guys do in the UK.
427.
by mrep 5y ago
> The CPI should include the cost per square foot of residential real estate. Other websites follow that [0] and interestingly enough, median inflation adjusted price per square foot across the entire country hasn't really budged in
428.
by mrep 5y ago
> Creditors take inflation into account when making loans. How? I'm pretty sure that is determined by the market. 10 year treasuries are yielding 1.587% which is less than inflation and people still buy them because your alternati
429.
by mrep 5y ago
No it does not because the person who they buy the stock back from has to pay cap gains still. The wiki page even has an example of how a dividend effectively reduces the shares price whereas buybacks effectively transfer the money into th
430.
by mrep 5y ago
Buybacks would absolutely go to 0. If a company has the option to return 100% of their net income through dividends or 80% of their net income through buybacks, why on earth would they do buybacks? US has the same top marginal dividend and
431.
by mrep 5y ago
So your definition for good men are only people who have never had a break up in their 30s/40s because there are plenty of people who have?
432.
by mrep 5y ago
Where did you read that? Methane which already powers 40% of the US electrical grid can be created and then turned back in electricity in a Electricity→Gas→Electricity process with a round trip efficiency of 30–38% [0]. There is no way yo
433.
Divorce and Occupation(flowingdata.com)
3 points by mrep 5y ago|0 comments
434.
by mrep 5y ago
That's money given to people and businesses. Secondary effects could go into the stock market but not directly and I definitely would not call that dumping into the stock market considering most was probably used to keep business and
435.
by mrep 5y ago
Where are you getting your $2T number from?
436.
by mrep 5y ago
Oh the USA does do automated taxes, they just don't tell you what number they came up with until after you file.
437.
by mrep 5y ago
What? No they cannot. This is the document they report to investors, not the IRS, so it is global across all countries and subsidiaries. And their incentive is to report maximum profits to investors. What avoidance schemes and fake cost
438.
by mrep 5y ago
1.59 euros per liter * 3.79 liters per gallon * 1.16 usd per euro is about 7 USD for a gallon of fuel. That's a pretty big incentive.
439.
by mrep 5y ago
Not sure what OP is referring to because 401(k) balances are at all time highs [0]. [0]: https://www.cnbc.com/2021/08/19/401k-balances-hit-a-new-all-...
440.
by mrep 5y ago
At least here in the US, minimum 50% pay increase is literally federal law: "Nonexempt workers must be paid overtime pay at a rate of not less than one and one-half times their regular rates of pay after 40 hours of work in a workweek&
441.
by mrep 5y ago
Quick estimate: amazon retail had about about 8 billion in operating income for the six months ending in just [0] so estimate 16 billion a year. They also had 1,335,000 employees [0]. At least for the US, their starting pay is $18 an hour
442.
by mrep 5y ago
Heavily depends on where you are on the income curve. Also, I think a more apt comparison would be a more touristy place like florida which has no income tax and relies more on tourism taxes. As an example, a person making $100,000 would p
443.
by mrep 5y ago
Pretty much the entire midwest and southern US [0]. Granted, they benefit from basically having no geographical barriers to sprawling and building out ever more subdivisions and americans don't seem to mind suburbs. [0]: https:/
444.
by mrep 5y ago
> There is not a big tourist tax here Seriously? Numbers I just googled show like 10-20 million tourists vs a metro population of 2.5 million and you guys have some of the highest taxes in the world? Why are you taxing yourself so much
445.
by mrep 5y ago
Can you explain more? That still sounds like you are able to "make money by buying a few flats and renting them out" but with extra steps.
446.
by mrep 5y ago
There is actually less than a 1% difference and residential real estate is far far less volatile and that is for post 1950. Before 1950, real estate did better than equities [0]. [0] Table on page 15 from the pdf: https://news.y
447.
by mrep 5y ago
So how is there housing for people to rent? Does the government build and maintain all rental property?
448.
by mrep 5y ago
China already has the largest GDP (PPP) in the world: https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)
449.
by mrep 5y ago
We already have electrical grid scale storage with methane which is one of the possible power to gas implementations [0]. It's just nobody does it because it is cheaper to get it out of the ground. Sure, the efficiency isn't as g
450.
by mrep 5y ago
Single point of failure can be software written by said disgruntled employee.

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