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Anything that is unrelated to elephants is irrelephant Anonymous - The problem with quotes on the internet is that you can never tell if they're genuine Winston Churchill, 1944 - I'd just like a chance to prove that money can't make me happy. Me, all the time
Nearly 30 years ago I remember having a meeting when someone suggested using floating points for amounts. At that point all ledger amounts where stored as two numbers 12 digits for the value and 2 for decimal places, so £5.67 would be 00000000056702. It worked and going floating point would have introduced more pain than gain.
actully on a similar note many asian shops are dropping the 2nd decimal on prices. Something that used to be expressed as say $5.60 (coffee at some shops) now shown as $5.6 (yeah I know Japan has long only used 1 dp. Here in Singapore they dropped the 1c from general circulation but we still have 5c coins - banks though still use 1c if for instance closing an account - still legal tender.
I find not writing the 2dp is just laziness, and at the local eating houses coffee only cost $1.00 and usually tastes better then the stuff the lazy folks make.
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Sitting snug in the market, dominating the film industry, Kodak totally underestimated the effect of digital cameras. Consequently It declared bankruptcy 6 years ago. Now suddenly they have found a way to resurrect itself by creating its own crypto currency. Will you invest in Kodak as a result of it creating its own cryptocurrency?
I'm no expert in this field, but I'm not sure why Kodak is coming n for any more criticism than anyone else for investing in this - they're hardly alone. Their shares have soared, and they have a long queue of people wanting to get on board with them. Furthermore, they themselves are only investing in the technology, not Bitcoin itself - that's down to the individual miners who buy in to it. IF BC goers under, Kodak can still put the blockchain technology to other uses, if they want. And, they have their own power generating plant which is under-capacity at the moment, so can run these rigs relatively cheaply.
Can't say I'd invest in BC myself, but there you go...