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siliconviking's comments

siliconviking | 3 years ago | on: Google to reduce workforce by 12k

I'm surprised people aren't connecting all these layoffs with their root cause: the increasing cost of capital. Naturally, projects that were economically profitable only at a very low cost of capital could turn unprofitable at a higher cost of capital, destroying value instead of creating value. Shifting resources away from such projects is the logical thing to do, but if you end up with a surplus of resources, the only other possibility is to trim those resources. Discussions about how much cash Google has on hand are completely irrelevant in my view.

siliconviking | 8 years ago | on: Byzantium Hard Fork Announcement

Could this result in ETH splitting up into two currencies again, like it did last year? If so, there will be tax consequences / realized gains for those who sell out of the version they don't want to hold... further complicating things.

siliconviking | 8 years ago | on: Learn Ethereum smart contract programming

EOS is the likely successor in my opinion.

(eos.io)

In development now, but a development environment will be up and running by the end of the summer; testnet coming in the fall. Full release next summer.

siliconviking | 8 years ago | on: European Commission fines Google €2.42B for abusing dominance

You mean just like they have forced millions of websites to show the "Warning: This site uses cookies" message (which arguably cost a fortune in compliance costs and user annyoance, but made no difference in the end)?

I would encourage a "follow the money" train of thought when thinking about this.

My question then becomes: if this money (the $2.7bn) did not accrue to the EU, or was not levied at all, do you still think the EU would still pursue this as ferociously as it has, just to protect the consumer?

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