To put it in context, Artemis did many fully destructive tests but typically on the ground. Artemis had and spent an overhaul budget that was likely close to a hundred times that of what SpaceX is spending in today’s dollars.

And even better representation, all the fully destructive tests of SpaceX have carried out have costs less than a single successful shuttle launch. And it has a much larger payload.

Even with the destructive tests, of which are planned this way, not only is SpaceX is far cheaper than any past space program, they are advancing fairly rapid.

Balloons are open. Most typically do not expand but the excess air just escapes out the bottom. Basically they will rise till the overall weight matches that if what they displace.

There are more efficient balloons that do expand and can attain same great heights. Far more than conventional aircraft even. But that expansion is mostly due to excess material in the construction and little from stretching. Thus the pressure difference is minimal while the volume increase significantly with altitude.

Shorting is a very important and good mechanism to bring prices back down to earth for any stock. Without it, you would see even higher valuation of which ultimately will be corrected to real financials and valuations. Be it one week or one century. And without shorting, there would be even more l people making dumb investments and intimately being bag holders.

But about as democratic as can be. No one was forced to buy Reddit. Benefit or not to the company, the company was essentially sold. The new owners of their very own choice will want a return. A big return to essentially cover 8 billion they just paid for it.

Reddit will need tens of billions in revenue to make the profits those new owners will demand. It is that drive to justify the cost that will make it another shitty bloated ad platform.

Their capitalization was I believe around 8 billion. This is the number they need to understandably recover from an investment point of view. If I was an investor in a risky type of investment like this. Risky mainly in that it could be a dog forever, I would want to see 25 prevent profit in their financial statements relatively quick.

I am saying this all from an investment point of view of the people that now own it. More or less, Reddit needs to start showning profits of some 1.6 billion a year. That likely means they need 10 or 10s if billions in revenue per year. That will give you an idea what they will be developing and how advertising will need to be excessive. They will go the way of tiktok and other platforms in that emotional and divisive algorithms increase viewership.

Comments are correct here with one missing high level component for routers. That is the very top level routers are designed for tier 1. I started an internet company and we got large enough to decide to become a tier 1 provider. There is one big difference in this configuration is that we publish our own blocks of IPs and we listen for published IPs. We have routers that essentially maintained a list of where all the IPs or block of IPs worldwide needed to go. More importantly, I would send out a list of my IP blocks that would propagate across all the tier 1 routers across the world. That could take an hour but more likely minutes.

Having this allowed me to essentially connect to the internet at zero cost. There is some cost to be assigned IPs but I was trusted. While I say zero cost, I still had to pay for large bandwidth dark fiber to new York or other major meet me points. I also had to pay rack space to put a tier1 router into these buildings. But what is really gives me is the ability to have multiple connections to the pipes and because I publish my own IPs, I can balance all the routes and other providers can find the best way to me thru a process called weighing. Also if I loose a connection which is rare at this level, I could rapidly and automatically republish my route on working connections and usually within 15 minutes, all the routers in the world would know. 15 minutes actually is likely long. These days 5 minutes.

Now the interesting part of this, I publish my own IPs. I have to be extremely careful as with a single stroke, I could say I own all the IPs to China. Well likely a few strokes. I certainly could make a simple mistake and take control of a shit load of IPs. That means suddenly traffic could come to me that was destined for another country. More correct, because they are publishing, it would just make a mess and take some IPs down. If I publish a big block in China, I would essentially DOS myself because the pipe sizes I buy are factors smaller. Now this is a trusted system because we all connect together randomly. There is and can not be any central control as we all need to publish freely for this to work. But if I were to screw up and say divert a shit load of IPs destined to say Washington, it would rapidly be figured out and I would rapidly be determined to not be trusted. I would be shut down physically at some point.

Essentially I have fairly normal routers with one feature that allows them to dynamically keep track of all the routes worldwide and to periodically publish all the IPs I own.

A better question is, would more houses get built and if so, who would build those houses? If not, and there are more people needing houses than houses available, do you not think that the extra money would mean people would be willing to pay more?

Talk about inflation spiral. lol

Who opens them up exactly? And that person who invests in a restaurant will leave some other job resulting in that much less product being built this something rises in price somewhere.

Rent caps just result in less people or corporations investing in rental properties. If you are alread have 90 houses and 100 people want to rent, how does caps encourage more houses?

At the end of the day the only thing that matters is how productive we are in total. Anything that is scarce will be high in price and if you mandate a lower price, then some people will simply not have shelter if you want to use that example.

AWACS had parachute and some chut you could slide out at one time. Don’t quote me on that entirely. They simply were not worth it. First most accidents happen and have happened on takeoff and landing. No good in that situation. In a war environment, getting hit by a missile, pretty much the only weapon that will take down an AWAC or similar. Missiles likely won’t give crew time to escape. Plane will be doing some kind of tumble. Then you got training. It not simply train once and all good but every year. Sometimes it is better to use that money and time to provide better alternate training that will be more effective. Say for more escort aircraft or better alternate safety systems within the aircraft. You also have the space it takes up resulting in less functionality of your aircraft.

In a large scale world war III scenario, AWACs and similar would be a dangerous plane to crew. Shot down rapidly. In our current warfare situation, they are one of the safer planes to be in. Unless you are Russian and incompetent.

They will continue to troll you.

They know the earth is round. It is not like the moon landing that was obviously faked.

Why would that be likely? Wouldn’t that only be the case of the brain you are eating already has it?

Yes I am familiar with that and heard that argument before. It does provide some other functions that can negate some of the proof of work. But it is also subject to proof of work to a lesser degree but that means it will also hit some equilibrium. Will that outweigh the benefits it provides and this be ultimately viable and more important, environmentally viable? With my experience in it, I am dubious.

Worse, it’s value is based on the work it requires to grow/maintain it. And that work is based on how much electricity/world resources it uses. Aka. Bad for the environment. And if you were to make say a new crypto currency that used far less processing power, that would be less work and thus have little value.

In other words, you can’t fix the crypto currency problem of massive energy usage without destroying the value of it. When Bitcoin does die, it will have emitted millions of tons of green house gases while providing very few real services/transactions.

Well less corruption than any other system.

Warren Buffett is not directing resources from his position in one company to enrich himself in another company that he may have large personal holdings. That is one of the few ways shareholders can get around the safety of a corporation and sue a director.

More to the point, the board of directors are going to be extremely interested in the actions of Buffett if they think he is trying to enrich himself at the cost to their company.

Using him as an example that is.

Yes I sit on three board of directors. I can assure you that the CEO or CFO or any other high level board members are not making decisions because they have interests in other entries. In fact as a board member, your job and pretty much your only job is to ensure those making decisions are doing it in the interest of the company they represent. If there are any conflicts of interest, we take an extremely close look at that. If a CEO or even a board member did not disclose some conflict, particular in financial matters, that would be one of the few ways to be removed. More so, that is one of the few ways shareholders could pierce the corporate envelope and sue a CEO or sitting board members for that matter.

You are grasping at straws if you think the exact same shareholders work both sides in any but a few outlier cases. This is goofy logic that people who are not in management think how companies run.

It doesn’t. It is a bit of a silly argument and not a factor in any real degree. There are valid arguments for work from home but this is not one of them. Quite the opposite actually.

It is a double negative so it depends on the venue is what he means.

/s just in case.