That must be why it is so cheap. Some legwork is required at a boutique fab?
Western business people regard having good contacts as essential to success. Relationships are also a critical part of doing business in Asia. Not only do you need an agent who actually has the influence they say they have, you need an agent who will actively use that influence on your behalf unless you want your orders to be pushed aside repeatedly because another agent has a better relationship with the manufacturer than yours does. Am I the only one here who's gob-smacked by the fact that none of the project leads for any of the BTC ASIC vendors seem to have been flying to Asia on a regular basis to meet with their agents and manufacturers? |
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Note that this is effectively the minimum time. From what I've read TSMC and the other big players generally meet their schedules like clockwork but smaller boutique fabs tend to have more trouble giving a firm shipping date and sticking to it. I'm not actually sure why BFL felt using a smaller fab was something they should boast about...
It's been mentioned before, but doing business in Asia isn't just about the reliability of your manufacturers - your choice of professional agent is absolutely critical to timelines being met. It's worrying that BFL is always having to chase down their agent for information rather than the agent keeping them updated. |
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Blockchain info clearly states on their website that they can't see your transactions. They also warn against the high cost of using premium SMS services.
Sounds like you're using Optus pre-paid mobile. SMS charges to premium - 19 - services are very high and Australian carriers frequently have problems with short SMS codes.
Go online to your Optus My Account - that should tell you specifically what the charge is for.
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I find it truly bizarre that in some sort of self-flagellating attempt at pre-emption - any Bitcoin evangelist would mention child porn in a pitch.
In a pitch to the World Bank no less. Now I know that it's easy to get caught up in conference fever but most of the important stuff at conferences happens at informal, hastily arranged meet-ups. Knowing that, you should have your pitch for the various other attendees you're hoping to connect with prepared and refined months in advance and they should be flawless. You should have every number, every graph, every chart at your finger-tips. You should be able to rattle off accurate information from memory. You should have in-depth knowledge of the backgrounds of everyone you're hoping to connect with. In short, you should approach attending a conference as a professional project and prepare for it accordingly. |
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This quote hasn't got enough love yet. Jesse Powell to World Bank representatives. “Well,” says Powell, “it’s an entirely digital currency. Right now, people only use it to buy drugs on this site called Silk Road – that and child pornography. I think it has a lot of potential.” That pitch needs to be immortalised on a T-shirt. |
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F minus 10 days and counting
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I can always count on nonsensical replies on this forum. Not sure how "I did not get a magazine issue" spawned a legal advice thread
Your balance is slightly off kilter, fyi. Thanks for providing a perfect example of my point. The point is that the original topic was not about missed magazine issues - which you'd know if you actually read it - and it's very obvious how the thread got derailed. It's bullshit to claim that you're "not sure" how that happened when you can read the thread and see that it was Vladimir storming in with accusations of fraud and threats of legal action which started the derail. |
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That evening, at a small party thrown by loyalty rewards provider called Truaxis, I ask a payments and security researcher named Aaron McPherson about the MCX announcement.
He thinks MCX is just posturing; flexing its merchant might in order to scare the money establishment into a position of weakness.
“They aren’t really going to launch a digital wallet,” says McPherson. “They’re just threatening to, so they can negotiate better interchange fees.”
Retailers currently have to pay these interchange fees every time someone buys something with a credit card. With the impending shift toward digital wallets, MCX member companies see their chance to shift the balance of power: Lower our fees, or we’ll lock you out.
In other words, the Immediate Future Of Money looks like this: the four largest credit card companies in the world battling with 21 of the largest retailers in the world over a few percentage points on the way we’ve all been doing business for the last 50 years. http://www.digitaltrends.com/cool-tech/the-future-of-money-its-not-in-your-hands/#ixzz2EgUhu3hS Having worked in the financial services sector, I can assure you that anything which changes the fundamentals by even a fraction of a percentage point is a massive deal. Think about your mortgage payment and how pleased people are when official interest rates drop by half a point. Multiply that effect a billion times in the commercial sector and you begin to understand why businesses allocate so many resources to gaining even a fraction of a point in revenue or saving a fraction of a point in cost. Suze Orman made a valid point in her keynote address. Right now there are too many choices and it's too complicated for consumers to use them (this must be a mostly US thing because it's incredibly simple to do everything with a single debit card account here). Simplicity and convenience are going to be key in the fight for market share. |
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I can always count on nonsensical replies on this forum. Not sure how "I did not get a magazine issue" spawned a legal advice thread
Ask Vladimir. |
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Amir's not the only one who might not be the best one to present Bitcoin to a specific target audience. What's Jesse's excuse? “Well,” says Powell, “it’s an entirely digital currency. Right now, people only use it to buy drugs on this site called Silk Road – that and child pornography. I think it has a lot of potential.” What better way to pitch Bitcoin to people from the World Bank's International Finance Corporation. http://www.digitaltrends.com/cool-tech/the-future-of-money-its-not-in-your-hands/#ixzz2EgK26EJQ |
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Moreover, the only apparently neutral shareholder who came forward in the thread seemed to support Vladimir's claim that minority shareholders were not notified of the sale. And no, I don't think majority owners can legally sell off most of the assets of an LLC instanteously like this. If you are selling off almost all of the assets, you are required to give the minority owners a chance to comment on the sale before you can proceed with it, not after it is already completed. If it is just a portion of the assets, then it is considered part of the regular business of the company and there is no need to notify shareholders in advance.
[Any lawyer here who can shed some light on this?]
This appears to be one of those cases where the parties have received totally different legal advice (remember it's claimed that the sale itself was handled by a lawyer) regarding the events which took place and how they could be handled under the specific circumstances which applied. There would be no lawsuits ever if lawyers having different opinions about the same set of facts wasn't a frequent occurrence. They should certainly be aware enough of on-point case law to know whether the principals on which they based their advice would survive a legal challenge. The one piece of advice the parties shouldn't need to pay their lawyers to receive is to shut the fuck up and stop making public statements. |
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dank's apparently run out of nonsense to post. He's been online but hasn't posted for almost two days.
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watching the first video i could tell straight away this guys background is in the 'anonymous' hacker area. and not a business/financial background.
To be fair, Amir has never claimed to be a business/financial person. He's often said that all he wants to do is write code. |
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Here is another reason NEVER to form partnerships with other people. If you don't have the cash to pay someone for doing work on your business then don't give them an equity stake. Instead give them a guaranteed percentage of the profits.
Guess what happens when someone that owns 51% of the company decides to sell it? It is sold. Tough luck for the 49%.
There are ways you can give people equity without risking control of a company but it's generally a bad idea to just hand out equity every time you can't pay someone for something (and there probably aren't going to be any profits for a long time in many start-ups). It's hard enough to form a partnership with people who know and trust each other and whose visions and goals are aligned. Adding people to that mix on an ad hoc basis usually just creates a "management by committee" clusterfuck in which every 1%-er wants to have input into every decision and the business becomes paralysed. |
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Hmmm...tell someone you're sorry or go through an odious legal battle...
It's amazing that this is an actual choice someone has to make.
What a sick culture.
I'm just waiting for the "you say sorry first" episode of this soap opera. |
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F minus 11 days and counting.
Not sure how Kid Cudi is going to fit the concert in around the new video he's shooting in a week or two.
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Given how theymos feels about free speech, he's gonna love being served in a defamation action.
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Of all the ways in which the US legal system sucks, at least there's the fact that libel and slander laws have such a high burden of proof, and are so easy to defend against, that most people never need to worry about them.
Most ordinary people in Commonwealth countries don't have to worry about them either because defamation actions are typically extremely expensive to mount and awards often barely cover costs. It's generally not worth suing people for defamation unless the defendants have deep pockets, and most media outlets carry defamation insurance anyway. |
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