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Joined 1 year ago
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Cake day: June 8th, 2023

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  • I would go a step further and say that it should not be a stock purchase but partial nationalization. The government is not getting shares that will be sold later. The government is getting a right to appoint part of the board of directors. Every time the company issues a dividend, buys back stock, or engages in other activities to return value back to the shareholders, a proportional amount of money must be paid to the treasury. It only makes sense that if a company is so big that its failure is going to hurt society as a whole, it should be owned by society.



  • The model only works if users are forced to subscribe to a battery swapping service for the full life of the vehicle (or there is a large upfront fee to join with a used vehicle). Otherwise it would be too easy for a consumer with a worn out battery to do a one-time swap and get a like-new battery as a cheap alternative to very costly battery repairs. The dumped battery is likely to have very poor range and the battery swap company will need to dispose of it.















  • But there is zero reason why I shouldn’t be able to run a 7-Eleven and sleep on a cot in the back if I so choose.

    Why can’t you? I don’t believe that there is any law saying you need to have a home in a residential zoned area (anti-homeless laws say that you cannot use public space as a home).

    As far as I know, zoning laws just say that you cannot sell or rent out a property in a commercial district as residential. That is a false advertising/minimum allowable quality law, much like you cannot sell the meat of an a diseased animal. Commercial areas likely don’t have the infrastructure (schools, utilities, safety) for people to live in.