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Apple Looking for a Manager With Experience in Cryptocurrency
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So SWIFT founded in Brussels with a head office in Belgium is an American standard?
( international transfers between banks )
And SEPA (inter european transfers)
Is more energy efficient than any blockchain can be?
Yet Ripple transactions, for instance, use 0,000011 KWh on average per transaction... ( there is no mining involved, and there are other examples of energy efficient blockchains as wel using DPoS or PoS)
Any network uses energy, so i really doubt that SEPA ( just banks talking to each other ) uses 0,000000 KWh.
just saying... it isn’t all that black and white... blockchain/bad - bank/green.
Processing fees (and currencies to run processing) effectively are inflation in crypto land….
fiat doesn’t have a processing fees
What ever made you think Apple prided itself on environmental awareness? They do vapid virtue signalling, but their actions are incredibly anti-environment. All the products like headphones, aTV remotes, etc that need to go in the garbage and be replaced when the battery dies. Soldered Ram and SSD limiting the life of products. Glued in batteries in their laptops means that when it becomes vintage it's got a date with the landfill. I just bought a new third party battery and replaced the trackpad for my 2011 MacBook Pro (with a 1TB SSD and 16 gig of RAM). I expect to still be using that 2011 regularly when my 2017 is lasting 10,000 years in a landfill somewhere. And don't even start the BS about recycling the computers. Apple glues aluminum to glass which makes both non-recyclable and is sickening to anyone who knows about the materials. But hey, they have a cute robot in their commercials to take out 0.5 grams of screws before sending the bulk of the computer to a landfill.
I just today heard the Apple Silicon macs and Big Sur are showing signs they will no longer be able to boot from external media at all. Fantastic. Soldered in SSD and no possibility of booting from an external drive = bricked computer. Gotta get all those old machines into the landfills as fast as possible to sell new ones.
So many accessories with so much extra packaging. My 2011 MBP came with everything I needed and 2 nice USB ports. My 2017 came with a shopping list of dongles all individually packaged and needing shipping from China. More profit for Apple, more poisoning the environment.
You can argue Apple is a for profit company any doing everything they can to fill their money pit all you want, and that's fine. But to pretend Apple cares about the environment. Wow, how much Kool-Aid do you have to drink to swallow that lie?
No one can predict anything, if Apple wants to surpass Elon Musk in the future, the possibility for an iCoin is entirely possible. ^^
I’m not going to comment on the first part because I specifically only called out Bitcoin for being an environmental travesty.
As for the pyramid scheme bit, I don’t see how it’s anything but. Early entrants profit from newcomers buying in. The last person holding the hot potato when the group moves on loses everything becuase the thing they bought is actually worthless.
At least shares are tied to a business that likely produces something, Bitcoin is only as valuable as everyone plays along, and at the end of the day the goal is always to cash out into a currency that you can actually use.
They’re not making a new coin. They’re just desperately trying to find a guy to figure out how to pay all these malware ransoms
"Buy crypto"; "Convince others to buy crypto"; "Watch the demand increase".
Sure sounds like a pyramid scheme to me.
The batteries in an iPhone are charged mostly through electricity generated by burning fossil fuels. I guess Apple should stop selling iPhones too? 🤷♂️
That cryptos thing is only good for criminals!
We should continue to use the dollar, since nobody has ever been able to pursue illegal activities with such currency.
It’s not like you could put them in a suitcase and move money out of the country or something!
We should continue to use the dollar, since nobody has ever been able to pursue illegal activities with such currency.
It’s not like you could put them in a suitcase and move money out of the country or something!
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“Trust Dollars”.
Print as many dollars as you like.
“Let’s generate some monetary stimulus, the FED will be lowering interest rates and pursuing a QE not only with long term treasury bonds so we lower the yield curve but also with alternative positions like securities, ETFs and other instruments”.
Call it complex names so people don’t understand it while real interest rates go negative and your government is erasing your savings.
Sounds like a scam to me.
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Fiat does have processing fees unless you have banks that work for free in your area (sarcasm). What fiat doesn’t have is a deterministic inflation rate.
First you should educate yourself regarding the myriad of options and the intended function each one has, instead of proudly flaunting your lack of knowledge.
Bank to bank transfers I made when living in Australia were free.
Bank to Bank transfers here in Thailand are generally free within the same region.
Maybe you’re not aware that every time you use your credit card either you or the vendor pay fees and if he’s the one who pays he’ll pass them to his customers as price increases. Between many, many other fees, like forex and so on, which are baked into everything you buy.
Maybe you are not aware that not everyone uses credit cards for everything.
I literally don't even have one. I have a visa debit for the few things that really don't support any other option, but there aren't that many things that truly require it here.
Even if we were to suppose there are no fees, which is false, we’re talking about currencies that can be minted at will. To give you a simple example, 22% of all dollars in circulation were created in 2020.
The only reason why that looks normal is everybody is used to it (and nobody says it out loud).
I literally just told you that if you’re buying a product or service which has any part of its value chain in a different jurisdiction there are forex fees.
But those fees are peanuts compared to printing money non stop.