ManishR

> The people at the end of the line who are flipping NFTs do not fundamentally care about distributed trust models or payment mechanics, but they care about where the money is. So the money draws people into OpenSea, they improve the experience by building a platform that iterates on the underlying web3 protocols in web2 space, they eventually offer the ability to “mint” NFTs through OpenSea itself instead of through your own smart contract, and eventually this all opens the door for Coinbase to offer access to the validated NFT market with their own platform via your debit card.

This raises an interesting question - can a new technology ride the hype-train sufficiently long enough to become mainstream and benefit from network effects and ecosystem dynamics kicking in, even if in its best case scenario - it's only a replacement of status quo and not necessarily an improvement? Historically, any widely adopted technological innovation has had the burden to offer and prove incremental value to society to justify paying the transition costs. But here, the incremental value is being pitched as literal "money" to be made by getting in early - which can be hard to resist for your average joe - notwithstanding their passion or stance on the underlying technology. Believe this will be an interesting race condition between dying out of the hype on one side, and technology reaching critical mass to be self sustaining on the other side. In either case however, don't see anything fundamentally changing or improving for society, except perhaps some new players displacing (or getting bought out by) old ones.

We have worked closely and transparently with Apple over the past few months not only on the product definition and platform design, but also on multiple architectural decisions for this offering. Many a times - even though not apparent in those moments (but only in hindsight) - Apple has nudged us in right directions that aligned with their future plans. Granted - it's challenging to keep up with the pace of both Apple and AWS - inadvertent regressions do get introduced with certain releases, but we're building mechanisms to catch and jointly remediate them early. Ultimately, both Apple and AWS are excited about this offering, and share the vision of bringing AWS benefits to all Apple developers. We only expect this collaboration to further deepen going forward.

Disclosure: I work for AWS and am part of the team that built EC2 Mac instances

1) After every stop/terminate of Mac instances, EC2 runs a scrubbing workflow on the underlying Dedicated Host to wipe the Mac mini's non-volatile storage and reset the NVRAM variables, to enable same security posture as any other EC2 instance. This workflow also upgrades the T2 chip on Mac mini to the latest BridgeOS version if needed. It may take 30-60 mins for this scrubbing workflow to complete, and up to 2-4 hours if BridgeOS update is required - during which the host shows up in "pending" state. We're actively working on lowering this scrubbing duration and really appreciate your feedback here. Important to note - You are not billed for any duration(s) during which the Mac1 Dedicated Host is in "pending" state (or any state other than "Available").

2. Once you have increased the size of the EBS volume on your Mac1 instance, you can execute following commands within macOS guest to increase the size of your APFS container.

1. Copy and paste the first three lines

PDISK=$(diskutil list physical external | head -n1 | cut -d" " -f1)

APFSCONT=$(diskutil list physical external | grep "Apple_APFS" | tr -s " " | cut -d" " -f8)

sudo diskutil repairDisk $PDISK

2. Accept the prompt with "y", then paste this command

sudo diskutil apfs resizeContainer $APFSCONT 0

Since the EBS volume was resized after boot, an instance reboot is required before the additional disk size is available for your use.

Let's think in first principles here, shall we? Stocks (or equity) is a fractional stake in current and future earnings of the company. We know if a company declares bankruptcy, its liabilities have exceeded assets and equity is down to zero or negative. Debt holders have higher priority stake in the company, so the first thing that happens in ~100% bankruptcy filings is debt holders take ownership of all assets. Current equity is almost always wiped out. After restructuring, debt holders may issue new equity, which may be worth something - but is completely different from what is currently circulating right now. No matter how you look at it, Hertz stock currently is worth zero. When street price of an asset is higher than its intrinsic value - that's literally the definition of a bubble. One can easily make money trading a bubble asset, but should not conflate returns here with asset's ability to generate future income.