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      "parent_author": "",
      "parent_permlink": "blockchain",
      "author": "edtechtakeover",
      "permlink": "aapl-closed-source-code-trust-dapps",
      "title": "AAPL: Closed Source Code, Trust dApps.",
      "body": "![26A95909-55D3-48DB-8ADE-FC4F7F8BA980.jpeg](https://steemitimages.com/DQmNeAqoLXdAZnR853gjUqcSYHB38bpdFdf6eKpw2reVuvB/26A95909-55D3-48DB-8ADE-FC4F7F8BA980.jpeg)\n\nApple having more security issues points out the importance of blockchain type systems.\nBlockchain promotes systems that don’t rely on “trust.”\nWe rely on math and incentives to promote the safety of our Apps and our financial instruments.\nNearly instant ledgers protect our securities’ integrity.\nThe instant ledger also allows smart contracts to calculate things like short interest instantly.\nYesterday some people couldn’t sell Tesla. How long does it take for banks to verify the positions of all the banks and players? The stock wasn’t budging yet everyone was supposedly using up the entire supply of shares to sell it???\nIt would take the current system days to know that for sure.\nBlockchain ledgers with smart contracts would verify that as probably untrue or possibly true instantly.\nWith smart contracts we’d always know what assets are at which bank and in our case at which network like the ethereum network.\nThis prevents things like having the same mortgage security in 50 different debt packages.\nWe can calculate and verify that instantly using smart contracts.\nThat could have prevented the Great Recession and the ensuing global financial meltdown.\nPeople aren’t yet fully realizing the huge value of blockchain and smart contracts.",
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  "timestamp": "2018-02-08T07:54:06",
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      "voter": "rosethiyada",
      "author": "edtechtakeover",
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  "trx_id": "199f921f9f3d13d4e3ad85685ecff245583b37c6",
  "block": 19678385,
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  "timestamp": "2018-02-08T02:57:51",
  "op": [
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    {
      "parent_author": "authorfriendly",
      "parent_permlink": "re-edtechtakeover-beeeeeyond-stuuuuupid-20180208t002846650z",
      "author": "edtechtakeover",
      "permlink": "re-authorfriendly-re-edtechtakeover-beeeeeyond-stuuuuupid-20180208t025752174z",
      "title": "",
      "body": "Yes, Amazon did lose money but they sold so many products.\nThey also had the potential to sell so many more products than Tesla does.\nAMZN was and is the leader and pretty much sole player in selling anything and everything at competitive prices.\nI buy something almost daily from AMZN.\nI did consider your point and it did concern me.\nI did the best case math though and it confirmed my conviction.\nEven if the sold 300,000 cars which is a big number they’d only cover some of their debt.\nTheir margin is around 12%.\nThat’s about 5k per model 3 if it truly gets anywhere near 35k promised price.\nThat’d be 300 million in profit per quarter.\nThey lost over 700 million and they creatively carried over a billion in expenses to this 1st quarter.\nPorsche has a 300 mike battery car coming out as does Jaguar and soon Mercedes.\nThey’d have to take over half the car market to turn a profit.\nThey also have convertible bond debt from Solar City.\nThere old bonds are coming due and their debt is only increasing.\nThey can’t make any money best case for one year at which time Porsche and Mercedes and probably Bently and Ferrari will put their names in the cap.\nI love what Musk did for the world made us believe solar energy could run our vehicles but unfortunately good guys fail sometimes too.\nInstead of facing the music, he’s begun to lie and mislead investors. He’s even clearly manipulating the stock price with far fetched future plans, like colonizing Mars...\nA good man with a great idea for the future went sour and unfortunately the stock going to zero is just one end coming.\nIf he keeps lying he’ll go to jail.\nI’m already concerned that he’s committed accounting fraud.\nThis billion dollar carry over is just another red flag that makes me think jail time is in the future for a guy who could have helped society by perhaps consulting for other companies that have the ability to make money.",
      "json_metadata": "{\"tags\":[\"tesla\"],\"app\":\"steemit/0.1\"}"
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  "block": 19675443,
  "trx_in_block": 5,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-02-08T00:29:36",
  "op": [
    "comment",
    {
      "parent_author": "edtechtakeover",
      "parent_permlink": "beeeeeyond-stuuuuupid",
      "author": "authorfriendly",
      "permlink": "re-edtechtakeover-beeeeeyond-stuuuuupid-20180208t002846650z",
      "title": "",
      "body": "@@ -228,8 +228,31 @@\n keptical\n+, especially about Mars\n",
      "json_metadata": "{\"tags\":[\"tesla\"],\"app\":\"steemit/0.1\"}"
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{
  "trx_id": "665b49af1e73d0204b55b465b6ebd109e7822526",
  "block": 19675433,
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  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-02-08T00:29:03",
  "op": [
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    {
      "parent_author": "edtechtakeover",
      "parent_permlink": "beeeeeyond-stuuuuupid",
      "author": "authorfriendly",
      "permlink": "re-edtechtakeover-beeeeeyond-stuuuuupid-20180208t002846650z",
      "title": "",
      "body": "@@ -204,17 +204,17 @@\n  money. \n-b\n+B\n ut I am \n",
      "json_metadata": "{\"tags\":[\"tesla\"],\"app\":\"steemit/0.1\"}"
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  "block": 19675428,
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  "timestamp": "2018-02-08T00:28:48",
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    {
      "parent_author": "edtechtakeover",
      "parent_permlink": "beeeeeyond-stuuuuupid",
      "author": "authorfriendly",
      "permlink": "re-edtechtakeover-beeeeeyond-stuuuuupid-20180208t002846650z",
      "title": "",
      "body": "Of course losing money can work if you are reinvesting in your brand and product- see for example how long amazon went while in the red, building their empire. it's not like MUSK doesn't know how to make money. but I am still skeptical",
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  "timestamp": "2018-02-08T00:26:42",
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      "voter": "rentmoney",
      "author": "edtechtakeover",
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  "block": 19675379,
  "trx_in_block": 27,
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  "virtual_op": 0,
  "timestamp": "2018-02-08T00:26:21",
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      "author": "edtechtakeover",
      "permlink": "beeeeeyond-stuuuuupid",
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  "block": 19675365,
  "trx_in_block": 49,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2018-02-08T00:25:39",
  "op": [
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    {
      "parent_author": "edtechtakeover",
      "parent_permlink": "re-rentmoney-michael-jackson-wants-to-slap-cm-punk-20180208t001119975z",
      "author": "rentmoney",
      "permlink": "re-edtechtakeover-re-rentmoney-michael-jackson-wants-to-slap-cm-punk-20180208t002506831z",
      "title": "",
      "body": "@@ -192,16 +192,8 @@\n  If \n-think if\n  the\n",
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  "block": 19675355,
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  "virtual_op": 0,
  "timestamp": "2018-02-08T00:25:09",
  "op": [
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    {
      "parent_author": "edtechtakeover",
      "parent_permlink": "re-rentmoney-michael-jackson-wants-to-slap-cm-punk-20180208t001119975z",
      "author": "rentmoney",
      "permlink": "re-edtechtakeover-re-rentmoney-michael-jackson-wants-to-slap-cm-punk-20180208t002506831z",
      "title": "",
      "body": "This is his second MMA fight. He took on Mikey Gall at UFC 203 and lost in the first round. CM Punk wants to compete and he is a big name so the little leagues are likely out of the question. If think if the UFC wants to use his name for PPV buys they should set up an amateur MMA bout for him and feature it on a PPV card instead of having Punk fight a professional.",
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