xkjkls

9 ms·

31.
by xkjkls 5y ago
That group is defined as people who make $10-20 a day. Starlink isn't selling at $100 to people who only make $4,000 a year
32.
by xkjkls 5y ago
100 million customers with money? Once you start saying that the customer base is rural Africa or something like that, you need to massively lower your ASP expectations.
33.
by xkjkls 5y ago
HughesNet only has a billion in revenue though. With a $30 billion + investment in the network, Starlink needs to have far far more subscribes than that to be able to recoup the costs.
34.
by xkjkls 5y ago
There are very real business reasons they don't do that though. One, is that algorithms that decide what you as a viewer want to look at are very successful at keeping you on their platform. Two, once any company chooses to filter cont
35.
by xkjkls 5y ago
Isn't Oxford studying it and India and Egypt approving it mean that people are discussing Ivermectin? Whether we need to discuss Ivermectin on YouTube is a very different question than we need to discuss Ivermectin at all. Videos abo
36.
by xkjkls 5y ago
Maybe I'm just not aware of all of the Opsec things that have been done to make Bitcoin transfer stupid simple, but I have instant goosebumps anytime someone claims they can do something in an operationally secure way, especially when
37.
by xkjkls 5y ago
Still seems kind of risky in a lot of ways. Like, you get in a car accident, and are out for some period of time. I don't want to publish my obituary too early.
38.
by xkjkls 5y ago
Is it possible to have a uniformly applied standard for content as diverse as YouTube's? We can't even find a consistent standard to identify pornography, much less all of the other content YouTube wants off its platform
39.
by xkjkls 5y ago
Even with that, who do you trust to actually do any real transfer of your bitcoin in a fully secure way? Certainly not your lawyer, legal offices carry so many security problems. With a total of $1 billion at stake, there are some very real
40.
by xkjkls 5y ago
What if you go on vacation for a week and your email server goes down?
41.
by xkjkls 5y ago
Why would a government not consider it monopolistic to own both the charging infrastructure and the vehicles themselves?
42.
by xkjkls 5y ago
This obsession hasn't always been good, and often caused Elon Musk to make dishonest statements about the overall state of the business and its future. This should scare anyone who is attempting to value Elon Musk at a realistic level.
43.
by xkjkls 5y ago
Taxes drive a lot of investment strategies. A large number of strategies to increase returns are things like tax loss harvesting, because every sale forces a taxable event that is going to reduce your total capital base. Not being taxed obv
44.
by xkjkls 5y ago
Sure, start ups are insanely risky, but that doesn't mean stock in them can't be incredibly undervalued, and often is. Any tax incentivized investment plan, that allows investment in private companies, whose worth is going to very
45.
by xkjkls 5y ago
Yes, this is what is being criticized. Other investors have no ability to do this, and there is little to know what to verify that the stock that was purchased was actually fairly evaluated. If it wasn’t then he was able to invest far more
46.
by xkjkls 5y ago
My issue is that as a society, we want a percentage of the wealth that is created to be democratically controlled. We can debate which percentage and how that should be acquired, but the end social contract is that part of all wealth produc
47.
by xkjkls 5y ago
Or, the government should change the tax code to not make this possible and make the advantages of doing this moot. People need to be taxed, and we shouldn't have a system which requires a bunch of extra paperwork just for people to av
48.
by xkjkls 5y ago
I think they just never expected someone could use it to amass this much money. A $5500 a year contribution limit seems incredibly limiting.
49.
by xkjkls 5y ago
Probably by a traditional IRA to Roth IRA conversion.
50.
by xkjkls 5y ago
The fact that someone used a vehicle that limits your yearly contribution to $5500 a year to amass $5 billion is worth investigating. The investment return needed for that is close to 60% annually, an inconceivably high rate of return for a
51.
by xkjkls 5y ago
More untaxable money definitely makes it easier to achieve higher returns.
52.
by xkjkls 5y ago
I've been hearing ETH will be POS for 3 years. When is this actually going to occur.
53.
by xkjkls 5y ago
What else has the Thiel Fellowship created other than Vitalik and ETH? I'm not sure we can judge the success of it on it's single most impactful result.
54.
by xkjkls 5y ago
Also, if you aren't trading public stocks, it seems much easier to get around size limitations. When you spend $5500 buying the SPY, the government is incredibly certain that is the amount of money your investment was valued at. If you
55.
by xkjkls 5y ago
Scale is its own problem. Engineering anything at 10x the size or 10x the reliability, which Amazon does, is incredibly more challenging than the original problem.
56.
by xkjkls 5y ago
Tesla may be delivering cars and other physical properties but that doesn't make them immune to fraud, be it from customers or investors. This is a $500 billion company that has made some hefty promises toward both groups that it has r
57.
by xkjkls 5y ago
The behavior of the investors in Tesla is extremely scary. Tesla bulls have organized some large intimidation campaigns against anyone whose tried to question why this company is worth $500 billion.
58.
by xkjkls 5y ago
This might have been true a 15 years ago, but is certainly not true in the days of AWS. Amazon is solving some of the world's toughest technology problems at scale.
59.
by xkjkls 5y ago
> The only drawback - the overwhelming silence at the start that I never really got over… More the overwhelming anxiety you face being the person who has written and edited the document multiple times during the 30 minutes of silence at
60.
by xkjkls 5y ago
More than anything it actually gives people time to read the document. Time doesn't come from nowhere, especially for people higher on the ladder. It's always good when its purposefully scheduled, rather than expected.

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