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Trying to spend $1B with $100 bill at a time will take 10 million transactions. No one's going to accept large amount of cash without a credible source.

Binance has $155 in assets. Not sure how much of it is their own but they likely have more than $6B to cover the losses.

https://coinmarketcap.com/exchanges/binance/

Each customer's funds aren't keep in individual wallets. It's pooled into a wallet controlled by the exchange.

Exchanges do put most of the assets in a cold storage. Binance has $155B in assets and handles $14B of trade volume in 24 hours so not all of it are in a cold storage.

https://coinmarketcap.com/exchanges/binance/

The supply isn't fixed. A new plant takes 3-5 years to build and cost tens of billions. DRAM companies don't always know where the demand will be when the next plant completes. 2 years ago there was too much supply so DRAM price hit rock bottom. So DRAM companies held back on investing in new plants so here we are now.

We'll simply use more tokens then.

https://en.wikipedia.org/wiki/Jevons_paradox

The Big 3 (Samsung, Hynix, Micron) have been playing this game for 30+ years. There used to be many more DRAM companies but most of them went bankrupt when DRAM was cheap because the big 3 will intentionally drive the price down to bankrupt the competition. Now that they have a tri-opoly, they're milking the profits. New competition will emerge but they don't have the capital of the big 3 so they likely won't survive the next DRAM winter.

Are you suggesting Apple made a foldable phone without doing any market research on demand?

Galaxy Fold is popular with older people who have trouble reading small text

OpenAI may be what IBM was to PC or Motorola was to mobile phones. PC and mobile phones certainly changed the world but IBM nor Motorola controlled that change.

A typical hair dryer uses about 1500W. I guess GPUs are mechanically not much different from a hair dryer.

If you can't afford to buy the lego, you definitely can't afford to have the space to display it.

Only the collectible ones. It's do different with shoes, cars, Pokemon cards, etc

Guessing the depth of a puddle is not an easy task. Many untrained horses will refuse to step into shallow puddles. Then we also have human drivers driving into flooded road.

I highly recommend a free Amazon warehouse tour. You really get to see how the items you order gets picked and packaged.

Their design department needs an intervention

That's why we call it software engineering, not software science.

In places with a lot of flat empty land, solar farms are a lot cheaper. South Korea doesn't have any flat empty land though..

It's a desert so trees can't survive without irrigation. Since water is scarce as well, there aren't enough trees to cover the vast low density area.

One important detail is lost in translation. This law applies to publicly-funded parking lots. Public parking does not mean any parking lot open to the general public in this case.

It's car optimized because the 110F weather makes it un-walkable in the first place. When I lived in a walkable city, I would prefer to walk 30 minutes than drive. When I lived in Phoenix, I did not want to spend more than 30 seconds outside in the summer.

This is a classic case of Productivity Paradox when personal computers were first introduced into workplaces in the 80s.

A famous economist once said, "You can see the computer age everywhere but in the productivity statistics."

There are many reasons for the lag in productivity gain but it certainly will come.

https://en.wikipedia.org/wiki/Productivity_paradox

There's a famous quote by a cyclist, "It never gets easier, you just go faster"

Not that I agree with the pardons, but former presidents are usually old. Letting your political opponent die in prison can have a massive backlash so most presidents would rather not let that happen.

I'm half joking but if this AI boom continues we're going to see Nvidia exit from consumer GPU business. But Jensen Huang will never do that to us... (I hope)

The brand aware "consumers" are really just DIY PC builders, which is relatively a small number. Enterprise DRAM business is doing so great that Micron just doesn't see the consumer market is worth chasing.

This is bad for consumers though since DRAM prices are skyrocketing and now we have one less company making consumer DRAM.

Well unless there's some ghost-like life form in a gas state, we sort of need the molecules to stay together to form life.

Obligatory KRAZAM video on microservices https://www.youtube.com/watch?v=y8OnoxKotPQ

Or 1300 horsepower

It was definitely not perfectly clear. I was very confused when I first read the comment.

If we were talking about laptops I would know M3 refers to the processor, but there's literally a car named "M3" that's been popular for nearly 40 years.

Sir, M3 means something else in the car world