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Belgarathian

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Posts posted by Belgarathian


  1. 1 hour ago, GDRRiley said:

    hey even here in the US with all our data caps being lifted (we totally needed them to keep the network alive right) we still doing just fine. I'm not quite getting my full 120/120 in the day but I only pay for 100/100 so geting 85/85 is okay

     

    don't get me started on rants of people not calling stuff the right name. I've wanted to yell at people who can't remember to call a SSD an SSD not any storage drive a HDD.

    My girlfriend still calls my computer the screen 🤦‍♂️


  2. I really like the expandable NVMe storage in the PS5, but the Xbox looks like it's going to runaway with the power crown. Given that this gen is all about 4k gaming, it's concerning how little power the PS5 appears to have on paper. I guess we'll have to wait to see what optimisation magic they can pull, or if they meant CTR at 4k/60.


  3. 51 minutes ago, ARikozuM said:

    1A rights should extend and be part of every American company's code of ethics and with it all of the protections afforded the American people. If they don't want to listen to the employees, that's even more reason to give employees mandatory rights to a seat at the table. 

     

    Anyone defending this doesn't realize that this gives China more power to extort the world to their demands. 

    The USA is one of if not the biggest bullies on the block except instead of requesting censorship they'll just sanction you, up the tarrifs, or simply ban companies from trading with you under the threat of similar action.

     

    And then if you survive round one be prepared for round 2 where you just get sued into oblivion.


  4. 3 minutes ago, Eaglerino said:

    still astounding to me how easily any company is willing to bend over and spread wide while begging for it when it comes to China

    It's a requirement for doing business in China that you comply with their laws and regulations, just like any other country. It's not 'bending over and spread wide while begging for it'.

     

    By that logic ZTE 'bent over and spread wide while begging for it' when they stopped selling to Iran and North Korea because of the US sanctions. It was (to the best of my knowledge) legal in China to do so.


  5. 6 hours ago, Sauron said:

    Who cares what is "good for the company" if it involves immoral action? Nobody's life is being directly threatened here, they're just going to make less money for their stockholders. Maybe they can cut the salary of the executives to make up the difference...

    First, immoral action is subjective (from China's perspective Taiwan doesn't exist and the USA is spreading fake news to sow discontent within their populace and it would therefore me immoral not to censor it), second: that's not how business works. Your stockholders with voting stock decide the Board of Directors, who selects the CEO. If the business isn't performing as expected and the BoD and CEO don't have some good reasons as to why, they're gone. 

     

    If the company looses net profit because they pull out of China, you can guarantee that there will be a restructure to cut operating expenses which will include cutting jobs. Which basically translates to "I don't think we should do business in China because it clashes with my morals, here's my resignation so that you can stop".

     

    28 minutes ago, Blademaster91 said:

    Shutterstock is a large enough company to be publicly traded on the stock market, I'm sure they would do just fine without China. A company should value the opinions of its employees, and not allow one country to dictate what gets censored.

     

    You're probably right, they'd probably do just fine without China. But their stockholders wouldn't. See above.

     

    Ultimately a business's purpose is to increase the wealth/value of it's stockholders, this truth gets more exaggerated the more stockholders there are and particularly when it's publicly listed. 


  6. This whole thread is a hilarious read. 

     

    Just FYI, as a business you have to abide by the rules and regulations of each country you do business in and given that there are 195 countries in the world with different religion, governments, and laws you will 100% absolutely clash with an employee's morals/ethics by being a global company so I'm siding with the big guy telling his employee's to go fuck themselves after they continuously bought up censorship in every meeting (given that there is so much information missing from that story... where are the company responses? I don't believe for a second boss-man went from 0 to 60).

     

    And it's not like America doesn't censor anything either. I mean, sure, they're not as bad as Israel, North Korea, or China but they still censor content based on their beliefs and values.

     

    I mean, hell, it's hard enough doing business in some countries because you're bound by law to do things a certain way that clashes with laws in other countries yet you're held accountable in both.

     

    - Political comment removed -

     

    Sources:

    https://www.businessinsider.com.au/economist-intelligence-unit-downgrades-united-states-to-flawed-democracy-2017-1?r=US&IR=T

    https://en.wikipedia.org/wiki/Censorship_in_the_United_States#Internet

     


  7. If you earn't even $1 of virtually currency you have the right to deduct from your income the costs of earning that $1. 

     

    Yes... Keep your receipts, that's how you usually do it... The rest of it is making sure that you've reported everything correctly and haven't been shady about your tax returns. 

     

    My statement is that the tax revenue from virtual currency is likely to be less than the deductions it would open them up to.


  8. On 2/15/2020 at 12:26 PM, Mr Nobody said:

    https://www.cnn.com/2020/02/13/tech/fortnite-taxes/index.html

     

    Apparently I need to hire an accountant to keep track of my gaming.

     

    I wonder if it is a matter of time before the IRS tries taxing the virtual currency that you earn in game, as opposed to just the virtual currency you buy in game. When that happens, I have a few questions:

     

    1. Am I considered self-employed when I am earning virtual currency?

    2. Do I have to pay sales tax on items I purchase in game?

    3. If the virtual currency that I earn is as the result of criminal activities (like in GTA), does this open me up to prosecution for virtual crime?

    Hilariously wouldn't that mean that literally everyone could deduct expenses not limited to their PC, such as office rent, phone, power, water, etc, etc. 

     

    This would probably work out as a negative for the IRS.


  9. 15 hours ago, TempestCatto said:

    Meanwhile people who live in more remote areas (like me) will be stuck with the same ISP, the same shitty speeds, and shite service all because no one else dare lay line out this far or underground.

    Honestly I wouldn't be too concerned about Fiber... Last mile fixed wireless is pretty damn good these days. I've got a antenna on my place, a relay on top of a hill (using solar, a battery, inverter, and Ubiquiti gear), and an antenna on my parents place and I'm reliably getting 300-400mbps over 10 miles. 

     

    They used to be able to only get ADSL2 and speeds were poor because it was a rural village exchange which got congested at 5pm. Since then they get VDSL2+ with 60+ mbps speeds so it's really no longer needed, but the wireless solution is still faster with my gigabit fiber. It's also kind of fun having an off-site backup.


  10. 8 hours ago, TrigrH said:

    Population density and area is what makes roads power and internet soo much more expensive to rollout. Everyone lives on the edge of a giant fucking island.

    Population density makes it cheaper to roll out. You also have 5-6x the taxpayers to fund it.

     

    Melbourne basically has the same pop as all of New Zealand so surely you can't be saying that a city the size of Melbourne would be more expensive to roll out NBN than all of New Zealand. 


  11. 1 hour ago, Spotty said:

    Because Musk doesn't have to buy up all of Telstra's old copper lines.

     

    There's residential 250mbps plans (if you're on FTTP). AUD$170/month from my ISP.

     

    You need to create the problem first before you sell the solution.

    I still have no idea how AU fucked up the NBN so bad. I mean we (NZ) copied you, finished it first, and delivered faster broadband for less. Go figure.


  12. 5 hours ago, GodSeph said:

    Weird that is allowed. I guess you learn more everyday. I assumed Stock buyback is illegal or at least was illegal...Doesnt that create a fake pricing which in theory could collapse??? Dont wanna go off topic too much but that sounds silly to allow something like this , But I could be wrong...

    No, not illegal but it does potentially inflate the price as without the buyback you'd expect the value of the stock to decrease. 

     

    From a finance perspective, a companies sole purpose is to maximise the value of its shareholders and chances are the CEO is remunerated in a similar manner, so buy backs are one way to achieve this.... But yes, the gravy train can run out and then the price might crash. That said, most savy investors will see past this.


  13. I really, really enjoy watching this more in-depth kind of content. As much as I like GN and Level1, their delivery style and content quality just isn't the same as LTT and I much prefer your style. Please keep the gravy train coming with this type of stuff. 

     

    One of the videos I'm really looking forward to is the studio videos with the Mac Pro (and the Mac Pro rack?)

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