it is not happening until all stable coins audited by reputable firms. If audit is done, it will uncover world biggest fraud, so it will Not happen and as a result no spot ETF.
Why not both? First a runup, then a 90% sell off while you are holding until the bitter end. This thread went more into the EV talk. What I have found interesting is that none of the ads showed the car's inside or talked about range and features. Just pushing the EV is good for you line. Also when I was researching EVs years ago, I don't think the world has enough cobalt and what not needed for the batteries if the whole world wants to go electric. But hey, if we all live in the multiverse, who needs cars?
Anyone who is still using Tether deserves what is coming. That said, I think it is safe to say there are certain shit-coins that can never die off. No matter how stupid, they just keep coming back and back again... There is some hope at the end of the tunnel though. Doge-the-meme-boy is not longer a multi-millionaire. In fact, he doesn't even have close to a million anymore. That most certainly did NOT end well.
I had a Civic Hybrid about 15 years ago. With a 70K mile warranty, the battery failed about half way to that mark. The dealer agreed the battery was dead but said they would not replace it. "But wait... the warranty" I said. Honda said that corporate was not replacing them because so many had failed and I was on my own. It happened to thousands of owners and people sued in many states. The courts largely gave the one or two lead plaintiffs replacement (new) cars and most others got coupons for $500 off their next Honda purchase. California was the only state that took a hard line and forced them to honor the warranty under threat of not allowing Honda to sell new cars at all in the state. I had a friend that went there to get another battery and the new one failed after another 15K miles. I know the technology has improved. The lesson for me there was that when things fail on a larger scale, auto companies in the US are permitted to just abandon owners without recourse. For me... I'll watch you guys and hear the cool stories and wait until we are far more certain these things are everything we want them to be.
I remember wayyyy back when the hybrids first came out. They were such a scam then, and Hondas still suck now. I got stuck with a Honda and it has had never ending problems, all of them under warranty, yet the dealers refuse to consider anything under their warranty and will not honour it. How is that legal?! The only things I am happy for is all the class-action lawsuits against Honda which did help with some of the infinite amount of things that were wrong with the vehicle. To this day I drive around with a sign telling people what a lemon Honda is. Feel free to short the stock.
I'm thinking mostly in terms of geofencing, the same way electric scooters shut down if you go into certain areas. I'm sure the tech could be applied to other vehicles, but EVs seem ideal. It would be a perfect way to run a social credit system or enforce "no travelling outside an X mile radius" laws like they've had in parts of Australia. I'm not an auto or software engineer so maybe I'm wrong, but EVs appear perfect for this.
i guarantee the tech is as easy to put an in IC cars as much as it is to put in a electric vehicle. A modern IC car has as many computers as an EV (maybe even more). There's nothing that an IC car can't do that an EV can (except for the obvious fuel source difference). It's all software and it can be put in any car.
I had a tesla S. Returned it after the lease was up. Ordered a Tesla S Plaid. And instead of taking delivery, bought a Ford Bronco sport. Few people could figure out how I went from a 140k Plaid to a 40k bronco sport. It was a no brainer for me, but every time I have to drive more than 30 minutes, I do miss the autopilot - and i hear it's gotten better since December 2020.
Tesla autopilot has some limitations which is why I did not or have not upgraded to the FSD to prevent myself from being too complacent I use it on the freeway especially in HOV or paid lanes, or if there's traffic on the freeway, I also use it on surface streets, but more so the auto distancing cruise control and not so much autopilot as it cannot stop on the red light if there's no car ahead The main weakness I found was when 2 lanes merge into 1 and Tesla autopilot will immediately go to the middle of that single wide lane Another weakness of Tesla is on winding roads I feel I'm much better at controlling the speeds and staying in the middle of the lane, and I'm a defensive driver so I try to pace (accelerate/decelerate) to avoid cars next to me on extreme curves which the Tesla does not take into account In the situations I can use the autopilot, it allows me to be distracted for short periods of time with confidence Imo, the best benefit is when driving for 1 hour or longer, I do not feel fatigue, but I think it's mostly because of not having to accelerate/decelerate which the auto-distancing cruise control can do and most cars have it