pmorici

36 ms·

391.
by pmorici 6y ago
https://news.ycombinator.com/item?id=26182467
392.
by pmorici 6y ago
They really need to get into how the collateral deposit required by the clearing firm from Robinhood is calculated. It gives all parties plausible deniability but without knowing how it is calculated you can't know all the avenues fro
393.
Game Stopped? (Live congressional hearing on GameStop)(youtube.com)
69 points by pmorici 6y ago|56 comments
394.
by pmorici 6y ago
I just revoked the payment authorization in PayPal and the issue resolved itself.
395.
by pmorici 6y ago
The other guys problem is they can’t design anything worth manufacturing at a price that is competitive to Tesla
396.
by pmorici 6y ago
No, but Binance being a US based business is required to abide by us law. A basic Google search will tell you they are based in San Francisco.
397.
by pmorici 6y ago
I disagree, people like to dump on Coinbase but I think it is the undisputed leader when it comes to reliability and sound business practices. Kraken is so unreliable there were weeks at a time where I couldn’t login, ultimately closed my
398.
by pmorici 6y ago
Coinbase
399.
by pmorici 6y ago
I think the tell that it was definitely happening was when he went to visit Larry Ellison in person in Hawaii right after Christmas. What could have possibly needed the approval or advice of a member of the board and was too important or s
400.
by pmorici 6y ago
He probably means that a lot of that debt is related to loans and leasing.
401.
by pmorici 6y ago
Yeah I’m sure Tesla is just chomping at the bit to take on a debt portfolio backed by ICE vehicle loans and leases. The assets underlying all that debt are going to have a drastic revaluation as electric takes over. I would bet on a GM ba
402.
by pmorici 6y ago
Can you cite any car company that makes the cheapest version of a product available before the more expensive one? It makes good business sense to start with the more profitable model I’m not sure why you bring this up as if it is bad.
403.
by pmorici 6y ago
Aptera seems like it could be pretty interesting in this regard.
404.
by pmorici 6y ago
They stopped offering the 35k model because most people opted for the SR+ at 38,800
405.
by pmorici 6y ago
The CyberTruck starts at $39,900. Ford has to be in that ballpark to compete if they want to remain a going concern.
406.
by pmorici 6y ago
The chances that Tesla will buy out a legacy auto company are zero. It makes no sense. They are all saddled with crushing debt loads, dealer networks, and stranded assets. None of them have anything Tesla needs to become the largest car
407.
by pmorici 6y ago
I think the point is that they are improving the technique. In absolute terms the tuning range and bandwidth aren’t particularly notable compared with current technology. For example Lime Microsystems next generation RFIC under developmen
408.
by pmorici 6y ago
Coinbase is successful because it was the fist exchange that did things by the book and has a well deserved reputation for competence and law abiding conduct.
409.
by pmorici 6y ago
Historically people have been willing to use currencies with inflation like the US Dollar. The point is that any government could build a out a crypto version of their currency if they so wished and have the same inflation policies they us
410.
by pmorici 6y ago
There is no reason that limited supply need be an inherent mechanism to a crypto currency.
411.
by pmorici 6y ago
CB just did a private offering through Nasdaq private market formerly Second Market. Couldn’t figure out how to participate in that.
412.
by pmorici 6y ago
Better to educate instead of ban then. So long as people have the facts, let them make their own decisions. At this point a number of people are probably just in on this because they love the idea of sticking it to a hedge fund or two.
413.
by pmorici 6y ago
A typical lottery in the USA has odds of like 1 in 300 million. The fact alone that more than 100% of float was shorted put the odds of this happening way above any chance you have of winning the lottery. Suggesting that just because ther
414.
by pmorici 6y ago
They essentially drove one of wall streets very successful hedge funds of recent years to near failure they had to make a deal for an emergency investment today to stay afloat. I’d call that winning.
415.
by pmorici 6y ago
I wouldn’t compare what happened with GME to the lottery at least not for the people who understood why they were doing what they were doing.
416.
by pmorici 6y ago
The self driving computer was discussed in some detail at their 2019 Autonomy Day event. https://youtu.be/Ucp0TTmvqOE?t=4244
417.
by pmorici 6y ago
Buy US treasuries? Those rates are still positive (0.09% - 1.66%). Since the capital is essentially free even if you get a blended rate of return of say 0.2% that is still real money. As an example USDC has $5.1 billion dollars in outstan
418.
by pmorici 6y ago
I assume these stable coins are making interest off the assets they hold to back the stable coin. Isn’t that the obvious play here?
419.
by pmorici 6y ago
If you go read the court testimony it isn’t as strange as it seems on the face. The diver started the tiff and the insult Musk sent in return was said to be common vernacular in South Africa where he grew up.
420.
by pmorici 6y ago
The hud as you call it is not a safety critical part of the car in Teslas. You can reboot it while driving without effecting the car. The self driving computer is separate and has full redundancy to the point of having two processors runn

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