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Ford CEO Jim Farley on why the company is cancelling the all-electric F-150 Lightning:
"The $50k, $60k, $70k EVs just weren't selling; We're following customers to where the market is. We're going to build up our whole lineup of hyrbids. It's gonna be better for the company's profitability, shareholders and a lot of new American jobs. These really expensive $70k electric trucks, as much as I love the product, they didn't make sense. But an EREV that goes 700 miles on a tank of gas, for 90% of the time is all-electric, that EREV is a better solution for a Lightning than the current all-electric Lightning."
An EREV is what Ford calls an “extended range electric vehicle,” which adds a "gas generator that can recharge the battery pack to power the motors."
@RolandForTexas And Tesla employs thousands of people, has brought manufacturing back to America, is decarbonizing the world and pays out tens of billions in wages every year!
You are a taker, not a maker. All you’ve done your whole life is take from the makers of the world.
The zero-sum mindset you have is at the root of so much evil. Once you realize that civilization is not zero-sum and that it is about making far more than one consumes, then it becomes obvious that the path to prosperity for all is just let the makers make.
Regarding Tesla, the reality is that I have been given nothing.
However, if I lead Tesla to become the most valuable company in the world by far and it stays that way for 5 years, shareholders voted to award me 12% of what is built. Anyone who wants to come along for the ride can buy Tesla stock.
If Tesla “merely” becomes a $1.999 trillion dollar company, I get nothing. This is a great deal for shareholders, which is why they voted so overwhelmingly to approve this, for which I am immensely grateful.
And they did so by a margin far more than you won your political seat.
@binance,
Thanks for including me in the top 100 blockchain people list, appreciate the signal!
I must decline the Dubai invite though. I do not wish to disrespect, but many of the award voters are avid kaspians who rooted for my kaspa status at least as much as for my research. Let them win or count me out.
Crypto has turned from a euphoric cypherpunk project to a house-friendly casino. You may not be the culprit, but as a top player you hold the lion’s share of the responsibility to correct this, and the October crash your USDe oracle glitch helped trigger adds to what needs to be addressed.
There are three classes of crypto, as @mert put it recently: commercial crypto, casino crypto, cypherpunk crypto. <<Binance should hold a privilege policy for the latter.>> A TBTF CEX should know better and play a different game with hardcore crypto projects.
When binance lists a green frog three weeks post its “launch” but skips a fair-launched-Nakamoto-Consensus-100ms-upgrade-ATH-top-20-the-only-nonbitcoin-marathon-mined project, this is not merely binance rationally calculating; it is also binance molding the market in a way that is alas misaligned with the roots of the movement.
You may feel that kaspa’s sovereign money thesis is boring – that bitcoin is already money and that implementing an internet-speed bitcoin is useless - fine. Wrong but fine. But what’s the thesis for the green frog?
Money is a classic chicken-and-egg product. It is a scam up until one moment before tipping point, “most of the value comes from the value that others place in it.” Considering your resources and influence, I think it's safe to say you can serve as both the egg and the chicken and make it worth your while to push sound attempts towards tipping point.
@cz_binance tweeted recently that “strong projects will be listed.” But binance is part of what defines "strong", it bears responsibility for the market’s compass and impulse and definition of strong. It is not a read-only entity.
Binance listing fees are legit, they are just unfit for category cypherpunk. Kaspa devs and early supporters fairly mined less than half what satoshi and hals mined. We don’t have a 20% ZEC-style founders’ reward or protocol-enforced dev fund; this is not a jab at ZEC and the wonderful @Zooko, who was crashing in my car on a late Thursday back in the low ZEC MC days – if somebody deserves to win it is zooko – but assuming binance is not taking a maxi bet, it should revisit its relationship with hardcore crypto.
We are here through bull and bear, ICOs NFTs XYZs; and we are the source of confidence that restores faith and capital inflow post meme-induced or CEX-induced crashes.
Please fix this.
Thanks again,
hashdag
cc @michaelsuttonil
Exhibit A: Binance Innovation Zone
Exhibit B: 10 bps Nakamoto Consensus
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Rooftop moose?! 🫎
Ok, someone explain this! We want to escape the town and explore nature not have nature come explore the town 🤪🫎
#funny#nature#funnyanimals#viralvideo
https://t.co/ZOEL5OUUxZ
Fishing from your front deck? 🐟🐠 🎣
Ever gone fishing from your front deck? What as sight! Fisherman’s dream come true or does this take all the joy out of it?
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🏡🌳🌲https://t.co/QyOvdKDS4W
If it wasn’t recorded I wouldn’t believe it🐻🎈
It’s not everyday you see a black bear on the side of the road, let alone two. Oh, and there’s almost never one playing with a helium filled red ballon 🐻🎈
#funny#nature#funnyanimals#viralvideo