This feedback indeed substantiate Sergey's point that such bare-minimum people really do destroy the morale for everyone else. I certainly would have felt that had I were at Google on a critical exciting project that the company deeply cared about to the degree that a founder was actively participating in.
If the ship sinks to irrelevance, it will sink for all Googlers. In fact, the top billionaire will be the least affected.
Why say something like this?
* Currently that revenue is cratering and things are not going well. Bankrupcy is a real risk with the high debt servicing cost for the take-over. * If the value is going quickly in the direction of $0, banks will call the loans. * If banks call the loans, he has to sell Tesla stock to pay the $44bn. * If Musk starts to sell Tesla stock at that scale, the value of Tesla could quickly crater in the current climate. It's the last bubble-stock of this cycle, still 80% way to go down, if valued like its auto industry peers.
The outcome of that could be that even selling his entire holding of Tesla, Musk could end up broke, and potentially still owe money from the Twitter take-over.
It would make the wealth destruction of FTX look like a Sunday stroll in the park.
Or someone selling illegal weapons online. I realize that can be done in cash now, but it's easier with an untraceable digital currency.
The better question is, why do you need a new currency to get privacy? Why couldn't we have a private crypto currency backed by dollars or euros? There's no technical reason, indeed several groups are building this. What remains to be seen is if there's sufficient incentives to build anything around these or for any portion of the economy to move to them. Most purchases aren't sensitive, so for private payments to work, they need to be ubiquitous for non privacy reasons and just give people who need it the option for privacy. Much like cash does. But again, cash doesn't work online or increasingly offline
That's what Monero is, right? It doesn't really matter how stable it is, if I'm just going to convert to USD/EUR immediately after my transaction.
Here is my need (and I've had this need my whole working career": What does production look like?
If a tool could automate loggin in, browsing specific flows, take screenshots of every page, and add them to a folder of the day, it would invaluable.
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I had friends of MSN Messenger, Yahoo Messenger, GTalk and for a very limited time ICQ (Actually it was the same guys on all networks :) ). There weren't any network effort, people were willing to try out different IMs for their uniqueness.
Lots of companies were trying to produce integrated chat clients - Pidgin, Meebo, Trillian, Digsby and a whole lot of guys on Mobile targeting Symbian OS (could recollect only Nimbuzz though.) I loved Digsby because it acted as a POP client too.
I even worked for a company that forked Ignite Realtime Spark and tried adding Gtalk and MSN support. When I was freelancing one guy asked me to clone meebo for $500 .. and I accepted :facepalm.