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Apple has handled its response, including the proposed App Store changes, to the EU's DMA with aplomb despite the law being an assault on Apple's brand promise.

Most of the companies that are complaining fall into two categories: # Small companies who did not exist before iPhone and / or will not thrive if an open platform like AppStore goes away # Large companies with their own agenda to push their own platforms (almost always worse for consumer from privacy platforms)

I have no issue with big companies like Google, Spotify, Epic battling Apple but how suddenly so many common users have become open critics of Apple when they have dog in the fight is a victory of PR of those companies.


no i do not. as an example, it’s okay for a native american to argue that usa (my country) should not exist as long as that person is not advocating physical violence to do so.


Side debate: the USA "ceasing to exist" from the view of a native American, in a manner analogous to Palestinians, would be the status quo that already exists today. In opposition to a racially exclusive "white supremacy" manifest dystenity.

The USA already functions as a de facto One State solution where natives have both full rights and a negotiated sub-nationality too. The manifest destiny USA's "right to exist" was settled definitively against as early as 1865.


I think they switch between english and hindi every 5 minutes or so.


I call bullshit on this one.

Apple allows a Parent / Guardian account to reset the password of a child account. I do not have to do anything. I can just go into my iCloud settings and just reset my child’s account right away. Also, Apple does not allow you to create a child account (below 13) without having a parent account attached to it.

My guess is that you lied during account creation and created an adult account for your child and then you handed that account password and the reset mechanism to your child and he /she lost BOTH of them. In which case, Apple should still help you but I would say - you are more at fault here than Apple


My child's school forces us to create accounts the way you describe. Since kids all get ipads they need icloud accounts, but the school does not participate in the program that lets them create icloud accounts for kids. You as a parent must create the account. If you don't use apple products, I don't, you can only create an adult account. You cannot create a child account, or manage it once created, without another apple device. I went through all the steps to create an adult account, then logged out of the ipad and used the child account I created, but the account was useless without me being logged into the parent account on an apple device. You could not use the web-ui from a linux or windows device. I complained to the school and said I thought this was a violation of the laws for children under 13. They said the child doesn't own the account, I do as the parent and give them permission; so it's fine. There was no other choice to setup the devices for my children.


In order to attend the public school you have been paying for must first agree to a contract with a private company, if you refuse men with guns will put you in prison and put your child into the care of a foster family where they have a fairly high probability of being abused.

Nice kid you got there, would be a shame if something happened to them...

How the hell is this allowed?


Where would you like me to paste the screen shots?

I absolutely permitted him to buy the initial subscription. I approved it. I just wanted to cancel the renewal.

Anyway, I convinced American Express and they gave me my money back so what you think doesn't matter.

Even supposing you were right and I "lied" to let him have an adult account, that should give another purported adult access to my card without my authorization? I think you have the hierarchy of evils backwards just to say something shitty on the internet.


i do not know why you are being downvoted. coinbase is not market maker - in the traditional sense of the word.

“market maker” has a very specific meaning. just because they can “move markets” or “list coins” does not make them market maker.


They provide liquidity by internalizing orders and never bothering to acquire the underlying. Isn’t that the definition?


What you're describing is a typical aspect of brokers. Market makers provide large standing buy and sell orders so that anyone who wants to buy/sell a security at ~market price can do so.


I just described the sausage making of, “anyone who wants to buy/sell a security at ~market price can do so.”

I’m sorry you don’t like sausage.


No.


I do not know which one was/is the most successful.

In terms of real-world use cases - I am familiar with and excited about WindingTree. https://windingtree.com/

They are building a platform to make the distribution of travel products (hotel rooms, flights and more) - arguably digital tokens with real-world value - more inclusive.

They did an ICO with a token called LIF that I bought at that time (not to dump later, but because I could identify with the problem and wanted to support them)


I imagine things wont be much different except Greeks and Romans and Egyptians (and all other ancient civilizations) might have invented one more “God” for the black hole.

As a matter of fact, many ancient civilizations have “Gods” for the point where moon’s orbit intersects with Earth. https://en.wikipedia.org/wiki/Lunar_node

In Hindu mythology - we have two “shadow planets” and gods called Rahu and Ketu https://en.wikipedia.org/wiki/Rahu these points are no real planets or moons - but are given the same status.


You probably meant it in tongue and cheek way (I can’t tell) but I think a lot of our fear / hesitation / denial about how useful these models are is buried into this idea that perhaps we are not special and not fundamentally different than these models.


My tone was flippant but I did mean what I said. I agree with you on this.


I used to do the same about 15 years ago.

I was living in DC area but was traveling to Bay Area every week (mon to fri) for work.

I always booked fare in reverse with Friday evening departure (from sfo) and Monday morning ( from DCA) return. A Saturday night “stay” apparently made it a leisure fare which was way cheaper than Monday to Friday fare which was way more expensive. (Like 4x more). [ this was United Airlines btw].

My understanding is that this does not work anymore (at least for US domestic). Airfare are all priced for one way (return fare is just the sum of two legs).

However, difference between what business travelers pay and what leisure travelers pay is huge (see hertz rental prices or Marriott hotel prices for saturday vs Monday).


Still the case long haul

Just looked up economy London-Singapore return, Sunday-Sunday in economy on BA Aug 7 to Aug 13

and there's space in the 'M' bucket with fare MHNC80S7 which is £510 each eay (plus fees and taxes)

  TRAVEL FROM LAST INTERNATIONAL STOPOVER MUST COMMENCE NO
  EARLIER THAN THE FIRST SUN AFTER DEPARTURE OF THE FIRST
  INTERNATIONAL SECTOR.
Come back a day earlier though, Sunday-Saturday, and you can't use that fare. The cheapest they offer is in the "Y" bucket, YNNC80S1, at £1131.50 each way

That means the extra day in Singapore saves you £1200. (the taxes and fees are the same regardless)

If you travel a lot - especially flexibly - then it is sometimes worth a subscription to expertflyer, which if far faster at seeing rules and availability than traipsing through ITA Matrix.


I used to have the same itinerary more recently, and managed to lower the costs on United by 20-40% by booking overlapping itineraries >7 days long, where I'd:

1.Kick off Itinerary 1 on Sunday 1 (To SFO),

2.Kick off Itinerary 2 on Friday 1 (DC return),

3.Kick off Itinerary 3 on Sunday 2 (To SFO),

4.Close Itinerary 1 on Friday 2 (DC return),

5.Close Itinerary 2 on Sunday 3 (To SFO),

6.Close Itinerary 3 on Friday 3 (DC Return)

...ad infinitum


So, I am not saying the crypto community (or Coinbase) is right or wrong here. But it's not as clear-cut as OP makes it out.

While Howey's test is well-known, each crypto asset can be argued to pass or fail for different reasons:

1. The biggest issue is what constitutes a "common enterprise"? Most federal courts (but not all) have defined it as a horizontal structure where assets are pooled. (https://core.ac.uk/download/pdf/159597203.pdf) Coinbase can argue that a straight purchase of a crypto token has no "common enterprise" because there is no pooling of assets.

2. It's not trivial to prove that profit for a given crypto token comes from the "efforts of the promoter or third party." Who even is the promoter of a distributed token? What identifiable third party's efforts is the profit in the crypto sale even dependent on?

3. Finally, is there always an expectation of profit? How is buying a vanity NFT different from purchasing a vanity domain that I do not use? What about a vanity NFT avatar I want to show off on Twitter / Reddit / Telegram?

It's a complex case with lots of nuances. Whichever way courts rule - it will set new precedents.

What we have here is different from the allegations that the SEC has made against other crypto entities, which were mostly about mixing consumers' assets, insider trading, improper disclosures during promotions or even straight-up money laundering.

Those cases were not going to set new case law. This case will.


Crypto is a group buying and selling fractional ownership of the "diamond ring" - or rather - this perspective could pass Howey (NAL)


Staking is a pooling of assets. A coin is a commodity, a stake in a currency is a security. An iPhone is a commodity, a stake in Apple (shares of their stock, corporate bonds, etc.) is a security.


I think you forgot a prong in the Howey test. "With the expectation of profit from the effort of others."

There are various forms of staking, if it requires running your own validator the expectation of profit is derived from your own effort. Therefore not a security.


Coinbase's staking service is Coinbase running the validator for you, and giving you a share of any profits.


Yes, but the statement you make above is in general for staking. Not staking as offered by Coinbase. My comment above clarifies that the specific details of how the staking is implemented matter, at least with respect to Security's law.

My non-lawyer interpretation is that, indeed, centralized staking offerings like Coinbase seem to fit the Howey test criteria and are at risk of being deemed a security offering. But not all staking is.


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