Indian here. Tigers are not household pets, as keeping them is illegal. Hell, keeping a body part of a dead tiger requires a permit, and is only allowed under very rare circumstances. Tigers have better protections under Indian law than humans.
At this point their biggest product is probably Android. That’s a bigger marketshare than Microsoft’s and Apple’s put together. Yes, they’re fucking up now, but the battle is still theirs to lose.
When you have commodity money, the value of the money is derived from the value of the commodity.
The value of the commodity acts as a floor, but the face value is dictated by supply and demand, and demand usually exceeds supply, driving it significantly above the floor. Take gold, for example. Gold’s intrinsic values are (1) it’s pretty and can be used to make decorative items, and (2) it has some applications in electronics. It can’t be eaten, can’t be worn, and it’s too soft even to make tools out of it. Yet, its extrinsic value is huge, because it is publically seen as a good medium of exchange and so a lot of people want it.
Yes, TSMC makes the chips for iPhones, as well as Snapdragon processors used by many (but not all) high-end Android phones. Samsung has their own factory in South Korea, and Huawei has theirs in mainland China. Further, low-end smartphones and most dumbphones use Unisoc chips that are made in China.
As for desktop computers, Intel has factories in the US, and AMD (GlobalFoundries) in Germany and Singapore.
Yes, gold is a commodity, but when used as currency it is acting as a medium of exchange and not as a commodity. Same with pieces of paper with the sign of the reserve bank governor, or data on a computer’s memory. The gold, paper and hard disc all have intrinsic value, but when used as currency they are assigned an arbitrarily higher face value.
What if it was so small and light it was only electrons?
You mean, like how it is now?
And what if it accrues its value from the energy expended to create it?
You want more climate change? Also, value comes only from what someone else is willing to exchange for it.
Maybe using some sort of cypher to ensure anyone could verify it?
Why should anyone else be able to know anything about a transaction between A and B?
There are something like a hundred chip factories across the world. TSMC itself has around 20 (mostly in Taiwan). One dying would definitely raise prices, but we won’t be losing ‘most modern technology’. And of course they’d have lightning cables; they aren’t idiots.
I think they meant that if the students hadn’t told the company, they and their classmates could have done their laundry for free.
for the vast majority of the history of money it was based on a commodity that was valuable in its own sense.
True, but using grain or tools as a currency would make the modern financial system pretty much impossible. Even for simple banking, you need something small and light like gold or currency notes.
A true state backed cryptocurrency used interchangeably with physical cash could be quite useful.
What advantage does this give over a simple digital currency?
Mozilla is a nonprofit.
The sun powers the water cycle.
Shit list?
In my country, it was mostly large dams and hydroelectricity. But they have their own issues.
OP took it on the onebraincell’s phone.
I couldn’t find details on this particular model, but all Nokia dumbphones released so far have easily removeable batteries and can be used as a murder weapon in a pinch.
Pixels are a minuscule fraction of Android devices. Google would get more money by improving Android than by trying to increase their own marketshare.
Yes, and they’ve tried to fix some of the issues. But at this point there’s a huge ‘establishment’ within the community that is resistant to any change.
https://en.wikipedia.org/wiki/Wikipedia:Systemic_bias
(This is for the English version. Other language Wikipedias will have their own issues.)
I think they’re only including mainstream models.