Album on lemmy.ca, beehaw.org, shit.itjust.works & lemmy.world

  • 0 Posts
  • 197 Comments
Joined 2 years ago
cake
Cake day: June 7th, 2023

help-circle






  • No one really flies a 747 in a modern world because 4 engines are less efficient than 2 engines…and gas is really expensive so it increases your ticket price inordinately compared to a 777 which can hold less people but get those people there cheaper. Think dollar cost per seat.

    You have some 747 cargo jets still which can get away with it due to it still being one of the best for moving a large number of heavy goods.

    Basically…it’s a white elephant. Now they own a depreciating asset that they cant get rid of and has a massive upkeep cost or a high cost of fuel.

    DJT said it’s the DOD’s…but the DOD doesnt need a 747. Maybe they can make it into a new AF1. Keep in mind the current AF1 looks like a 747 but it’s really a VC-25 - a military variant. There’s already an open contract with Boeing to replace it with the new VC-25b since the current plane is 25-30 years old.



  • It’s relevant in that it’s entirely misleading. If profits are low they aren’t actually able to just “coast along” making less revenue.

    Crowdstrike posted a GAAP Net Loss of 20 million for 2025. So a 30-50M cost savings is the difference in continuing on at all or not. There’s more to it than that, obviously.

    Your point is (probably) valid once you fix your words which is what I assume you mean by saying it’s not relevant. But, instead of telling people their rebuttal is irrelevant you should try to adjust your own words to convey your message more accurately.

    The quarterly profit motive where CEOs are incentivized through bonus structures to focus on short term profit goals leads to situations where the companies product or service is substandard and they make bad long term decisions that affect the lives of many including their own employees when they over hire and then can no longer afford to pay them.







  • You clearly don’t know what you’re talking about. You don’t even seem to understand what a non sequitur is. Good luck moving cash in material volumes in any way that’s meaningful. You can’t. No one is going to let you buy your yacht or your house in cash unless you can prove it’s Source because of AML controls. They won’t be able to deposit it into their banks so they won’t let you deposit it with them either.


  • I feel like the link you just provided completely invalidates the way you started “if you are a giant bank you can ml all you want” but then you show the fines that show you can’t do this all you want.

    Keep in mind the banks are profiting from others laundering money not from laundering their own money.

    “It’s big brothers attempt to monitor capital flows.”…yes exactly…



  • Lmao who writes this shit. The solution to KYC is just no KYC! And then offer nothing to explain how to implement AML controls!

    If you want to use a kycless network you then have to know and accept that it’s going to be used for money laundering and that others are not going to transact with you or that platform because you accept that kind of risk.

    The banks are obligated by the govt to not take that risk. It doesn’t benefit the banks… We’ve seen they’d much rather not do KYC and take on the money laundering risk because it’s far more profitable.