Very little about the War on Drugs was/is legal let alone moral. But just like "Torture" was gifted a pass during the Bush years, we ignored the reality of the "War on Drugs" in order to pacify the most frightened and ignorant among us... Oh and enrich the makers of fear, weapons and armory.
No, they need to show user growth. This is the problem with the public markets. Companies must grow, QoQ or they are a failure. Its at the root of so many of our issues. Some businesses should not grow, or need not grow. Stability is good for the market, but not good for today's Wall St pump and dump where the goal is to fleece others, not to build a viable, reliable business.
Toxic hubris. The man is high on his own supply and he's acting like a spoiled child. I have no respect for this kind of stuff from a mature, capable person. Its trolling and it's destructive.
I have been trying, unsuccessfully for 2 years to validate my account on Coinbase. I have over 100k in ETH stored in their wallet, have the highest levels of access to their services but CANNOT trade because they have NO HUMANS available. Their systems DO NOT work and there is NO contact info nor any way to actually reach a person.
So I have been trading with others and will never use CB for anything but cold storage. (Which they're great at)...
The company is the worst I have ever dealt with. There is no way to interact with a person. So if something does happen, you have NO RECOURSE.
Based on my experience, they will be bankrupt. This is a certainty. You cannot have a financial entity that has ZERO human interaction or service. No trust, none at all...
I've been in that situation before with Coinbase, getting ignored and slow-rolled by their know-nothing support team. I submitted a complaint to the CFPB, not expecting much as I'm not in the US, and shortly afterwards Coinbase started replying to me properly. I eventually got my account back. Maybe worth a go.
Why do you say Coinbase is good for cold storage? It’s not custodied so in the event they went bankrupt/sanctions compliance/TOS violation, they could lock you out forever. A hardware wallet is good for cold storage. Coinbase is a hot wallet.
The future of Social Media is no centralized social media entity. Everything these sites/companies do, you can do yourself. No need for a centralized service, just connect directly with your friends, share what you want, directly.
So yes, saturation has been achieved. What comes next is the methods of how we as humans connect. (remember, FB was just a condensed and easy to use version of the Web at large), they just made it really easy to post and share.
Do you really think we'll need a centralized service to do this in the future?
The value of Twitter is the amplification by media. It has very little actual traction in the whole, without the amplification its worthless to anyone but narcissist and PR folk.
One solution is to charge users $1 to tweet. Charge users with over 10k followers 1k a month per 10k to Tweet to their followers.
Its a PR machine, not a news source. Treat it like one and its value will both rise and fall...
Define news. Is it anything new? Is it factual information? Is it any information by anyone?
News, as its meant in the lexicon, is factual based reporting. Twitter is the opposite. Its a hodgepodge of everything. You have to mine the data to find the gems.
Very few people (percentage of the pop) are on Twitter. People hear about Twitter via other media's amplification. So on its own, its a small platform with oversized influence.
News simply meaning new information. Yes it is a hodgepodge - that doesn't mean its only value is for narcissism and PR. The fact that most people only engage indirectly through media amplification doesn't take away from its utility for disseminating information in real time as events unfold throughout the world.
Marketplace is a mess. Absolutely unusable. The sheer volume of paid ads mixed with volumes of scams and really, really obnoxious creative (think borderline porn)makes it impossible to use with any clarity. Or even to use to find something specific.
It shows how awful FB is at design and UX. They really are the Fisher Price of the web. Its seems as if they build for stupid people who have no tech skills... In other words: the majority of people...
FYI FedEx ground is a separate company. They are actually locally owned / individually owned franchises that pay FedEx to route and ship their packages. The routes are owned by individuals. Its a great biz as many are making very good livings managing the routes.
It is not his success that I find problematic, its his current assessment of the Gov, the politics and the imbalance that exists in today's "Socialize risk, Privatize profits" environment. He's suffering from hubris.
The fact that he comes from money makes this whole thing even more ridiculous. He did not build anything from scratch, he literally started on 3rd base and was handed his field position before he even started...
This also seems to ignore the fact that UPS existed decades before his company, a company that he intentionally named Federal Express to fool people into thinking it was a government entity...
UPS introduced next-day air service in select markets in 1982 and UPS Airlines founded in 1988, Fedex was founded in 1971 with a focus in overnight delivery. He launched his company in the shadow of a juggernaut.
Naming his company- even better, he apparently gave his dozen or so planes random serial numbers to give the impression he had way more planes. Plane #136 coming in!
Starting at 3rd base- this might be said of the Fords or for the Waltons, but Fred did not inherit the business he built. Yes he had a privileged start, but his daddy certainly didn't hand him an air freight business.
I certainly understand not liking his politics. His comments in the article are bristly.
Fred was trained by the US Gov to fly, went to the most exclusive schools and inherited 40million in the 70s! That's 250million today... You can think this is a story of a selfmade man but you'd be wrong. He may have built a business, but he did it from the highest rings of the ladder having been placed there by his privilege.
