Recent submissions

Comment · 12 years ago
Potentially dumb question: if there are 21 million bitcoins (and therefore 21 million bitcoin addresses), would that limit bitcoin's efficiency as a medium of exchange? Ie wouldnt there be potentially billions of transaction moving through a financial system powered by bitcoin daily? (Apologies in advance for any flawed assumptions).
Comment · 12 years ago
Comment · 12 years ago
I found mine washed up on a beach in a waterproof case (had no way of identifying the true owner). No idea how long it had been floating in the ocean before it washed up on the beach, but it works perfectly.
Comment · 12 years ago
Wasn't that the strategy prior to the SOPA vote when Wikipedia blacked out? It seems the strategy is more to give everyday internet users an idea of what life would be like if this was passed.
Comment · 12 years ago
Ha, amazing. FTW for sure! Hope you're well.
Comment · 12 years ago
These also allow for deductions at Tesla's applicable plain vanilla debt rate, which would be much higher than the cash interest rate on the notes (by using a call spread on top of the embedded option). So there's a tax arbitrage as well.

Source: I used to structure and sell these for a living

"In connection with the offering of the notes, Tesla intends to enter into convertible note hedge transactions and warrant transactions, which are generally expected to prevent dilution up to approximately 100% over the common stock price at the time of pricing of the notes due 2019 and 120% over the common stock price at the time of pricing of the notes due 2021. Tesla intends to use a portion of the proceeds from the offering to pay the net cost of the convertible note hedge transactions. In connection with establishing their initial hedge of the convertible note hedge and warrant transactions, the hedge counterparties or their affiliates expect to enter into various derivative transactions with respect to our common stock concurrently with or shortly after the pricing of the notes, including with certain investors in the notes."

Comment · 14 years ago
Good point. I'd love to the mobility data graphed against female participation in the workforce over the same time period.

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