1,080 karma · joined September 26, 2017
Also my guess is informal trading markets will form using this facebook currency. If everyone is using the same form of payment then cross boarder trade becomes much easier. No more foreign exchange hassles. I've already seen it happen with stuff like amazon gift cards but recently amazon removed the ability to check the balance of amazon gift cards. I have already moved away from accepting amazon gift cards for this very reason. If facebook's coin is widely used and can be used to buy a lot of different stuff then I would definitely shift my informal trading to the facebook coin.
No wonder so many kids these days are flocking to youtube to learn stuff. It is because of how horrible the current education system is. We put people in teaching positions when they can't even teach in the first place.
The truth is youtube, the internet and computers are absolutely game changing technology when it comes to education. With the right tools, youtube + internet + right computer tools will be able to provide the best learning experience for the student, even beating out top-tier education institutions.
It is like in American Samoa when the federal minimum wage was passed. It crushed their economy (dominated by tuna canning) since the tuna canning mills couldn't afford to pay top dollar for the raw tuna from the fishermen. The fishermen ended up going to Vietnam and southeast asia where their catch could be sold for more. The Vietnam mills were able to pay more because of the lower labor costs. The end result was that the unemployment rate in American Samoa skyrocketed to over 40% and even to this day it is still at around 20%-30%.
It kinda leads me to conclude that each developer has to create "out of the box" solutions instead of some plug and play solution. If a plug and play solution is developed then all the spam bot creators start figuring out ways to crack or simply create a service for human based cracking. If unconventional methods are used on each site then it gets more complicated for the spammers.
IMO, only go to the prestigious schools if you are studying a profession that has earning potential. Don't bother with any liberal arts type major.
Needless to say, that was the last time I trusted random people on facebook.
I used to work at a construction company where the owner was paranoid about sexual harassment lawsuits. For this reason, he specifically hired overweight older women for all of the administrative staff because he knew this would minimize the risk of sexual harassment lawsuits. The company never had any issues with it.
If we are using existing reactor technology then basically these nuclear plants would basically have to built thousands of feet below ground in some sort of solid rock area and then waste areas would need to be created such that it can contain the waste for hundreds of thousands of years. If an absolute disaster were to occur then the entire underground facility would need to basically be completely sealed off permanently before radioactive dust or materials are leaked. The facility would also need to be designed such that even if a disaster occurs that an underground nuclear explosion does not occur and if it does occur that it is not so massive that it somehow bursts out to the surface or creates fissures.
Currently I am anti-nuclear based on the existing way things are run but if nuclear is implemented correctly, with safety as the most important priority, then I would support it. If I recall correctly, there is a company funded by Bill Gates that is creating micro reactors. That might have potential in the underground nuclear facility I have.