quickthrowman
Joined 6 years ago
Joined 6 years ago
CAT sells diesel generators and gas turbine generators which are needed by every data center. There are two mature generator manufacturers in the US (Cummins and CAT) plus Generac (yes I’m aware of MTU/Kohler/etc) and their backlog is long enough that Amazon bought part of Generac.
It does not mean that at all, it’s sane risk management. There was an opportunity for someone to steal customer secrets so the safe thing to do is assume everything was compromised and revoke/reissue certificates even if nothing was stolen.
I’ll leave it at that, I see where this discussion is going and I have no interest in taking it there.
There’s already a solution, use the currency to buy assets denominated in that currency. Crypto was not needed when bonds, stocks, real estate, etc exist.
There are hundreds of trillions of dollars in assets to buy whose value increase over time may beat inflation, I’m surprised you’re not aware of this solution.
0.5% of my net worth is in cash, the other 99.5% is in dollar denominated assets. Cash is a unit of exchange and a unit of account, not an asset.
This company reminds me of other companies that rebrand an existing idea and try to sell investors on the idea that it’s a new thing. Directional boring becomes ‘microtunneling’ and some startup thinks they’re revolutionizing a mature product that has been around for decades, they improve the process slightly but it’s much more expensive.
The rest of the delivery charge is ‘baked’ into the price of the food.
The dine-in customers have not paid for or ordered their food, to do so they must wait in line.
The delivery driver is being handed a bag of food that is ready to go and paid for.
Many restaurants are already set up to accommodate online to-go orders. Chik-Fil-A has a separate drive-thru line for online orders, Chipotle lets people come up and get to-go orders that have been paid, same with Potbelly, it’s very common. It’s mildly annoying when you’re the one waiting in line but I don’t expect a delivery driver to wait in line to be handed a bag.
Paying an extra $10-12 in tips and fees to have some courier a meal directly to your door is ridiculously cheap, a courier service would charge 4x as much for a similar courier trip.