To be pedantic, they have a navy, just no large ships in said navy.

You overestimate the worth of your inconvenience.

That isn’t how defense treaties work.

I thought Taiwan was China? Hard to invade yourself, eh, Xi?

It’s not reasoning, or an argument for or against, it is just a statement. I’d admit that it’s probably a tautology.

What the post described is a taxation and societal problem, not a problem with investing or compound interest in general.

I’d easily agree that society is unfair, and that our taxation policies are directly antagonistic to the middle class, but again, this is simply math (and though it is theoretical, microeconomics).

Tens of thousands of children, killed or injured. And people wonder how the Palestinians become radicalized against Israel, the West, and the United States, or why there can’t be peace in the Middle East?

Forgiveness is probably the furthest thing from being on their minds.

What does fairness have to do with it? Compound interest is just math.

One could trivially make an argument that we should redistribute the wealth among the population, but there is not a clear way how to do this effectively, or it would have been done already.

The hard part is taking on the appropriate amount of risk in order to actualize those gains; a bank won’t just give you a 10% interest rate, you have to work your ass of for it. An entrepreneur needs to assess the landscape and invest in what the market will want tomorrow, and most people guess suboptimally (3-6%), or end up losing money, whether in fact (negative returns) or relative to inflation (0-3%).

Even pointing to the S&P 500, as most people do, you still need to make the conscious decision to sell and take profits, FOMO be damned. Or alternatively, taking a perceived loss but actual profit (e.g., you didn’t sell right at the peak, but that’s usually okay). It’s not easy, and most people don’t have the time or stomach for it; these people are best served by long term, government-backed bonds, after which you will come out only slightly ahead of inflation.

Using the rule of 72, and a 3% bond rate, it would actually take you 24 years to double your money, not seven. And that, my friend, is why you and I are not billionaires.

And guess what those business have? Valuations. Stock price is just an aggregate indicator of the valuation for a company, for the given percentage of shares that are publicly traded. But private companies have valuations, too, and even if they’re not tied to a public stock offering, those valuations are used to form these Billionaire lists.

Same thing with real estate. The value of any asset is based on what someone is willing to pay. Sometimes, you’ll find some crazy billionaire or investment firm who grossly overvalues an asset relative to their peers, and that insane overvaluation does get rolled into those lists.

But such is the nature of economics. You’ve neither gained nor lost value until someone pays you. Until then, it’s anyone’s guess.

It’s not like these billionaires are spending this money, so it’s just been invested for 7 years. What’s the old adage, Rule of 72? Given a 10% rate of return, they would be expected to double their money in…

…seven years.

While the tax policies certainly aren’t helping the majority of the population, let’s not pretend compound interest isn’t a thing.

This is nothing new, other than that Chase has brought this capability in-house. Credit card companies have shared purchase information with second parties forever.

Chase Media Solutions follows from the integration of card-linked marketing platform Figg, which JPMorgan Chase & Co. acquired in 2022

From my understanding, the impetus was that F5 submitted a CVE for a vulnerability, for an optional, “beta” feature that can be enabled. Dounin did not think a CVE should be submitted, since he did not considered it to be “production” feature.

That said, the vulnerability is in shipping code, regardless of whether it is optional or not, so per industry coding practices, it should either be patched or removed entirely in order to resolve the issue.

Authentication is, explicitly, the process of validating that you are who you say you are. Like biometrics, your username is part of your digital identity. So you are correct in arguing that biometrics alone is little stronger than a username, but by definition, both are part of authentication.

That said, to securely authenticate your identity, you need to use multiple factors.

Could you? Yes. But there really is no point— biometrics alone are only a single factor for authentication.

You should have at least two of the three— something you are (fingerprint, facial, or retinal recognition), something you have (badge, token, secure device), and something you know (passphrase).

If they are also sending a validation email, it would fail, so no issue.

Hope they actually have interiors this time.

Because they don’t get the benefit of claiming it’s philanthropy if it is enforced.

This is absolutely standard, due process. Say what you will, he is entitled to an appeal.

DLC itself almost never goes on sale; you’ll be waiting for an eventual game of the year edition like 3-5 years out. CyberPunk 2.0 has all the base game improvements of Phantom Liberty, and easily 100 hours of content without the DLC.

Interesting, but this article was published 3 years ago.

Two countries that can’t use SWIFT establish a transaction system no one else uses, that isn’t SWIFT. Got it.