There are lots of often overlooked costs to own a home. I have been 15 years in my place, and now I get some advantages e.g. my loan is fixed so the monthly cost is roughly the same as 15 years ago... in a place like San Francisco, it is nice.
The property tax goes up slightly every year, but not faster than inflation.
There are recurring things to maintain (repaint every ~10 years), the roof has been patched about 10 years ago, might need a new coat eventually.
I agree... in early 2000, at Colombo (Sri Lanka) airport, they were calling my name, over and over, but never picked it up. I started to pay attention when some dispatched army guys (it was after the 2001 Tamil Tigers attack at the airport) were screening everyone at the airport asking for my name... ops sorry.
I can't imagine with the satellite image and compute we have it would be difficult at all to know the real_time +- 30min location of any carrier by maybe the top 5-10 states, even at night.
Commercial satellites can get 30cm resolution images (military satellites can likely get even more high resolution).
The earth is vast, but once you pinpoint a carrier, a simple software loop should be able to track it for ever (those carrier do not move fast).
I cannot imagine this being remotely difficult for a state to have a constant pin on every large carriers sailing on earth. There even might be some civilian apps for that too.
But again, Strava and other connected + geolocation apps have been an issue for military personnel in general.
In US also... but here in US, my bank (Bank of America) would print a check, put it in an envelop, send it to the other bank (e.g. US Bank). So, it is not instantaneous, but it is still free.
The drawback is when the US Bank office down the street that hosts the account closed for water damage, it stopped receiving the checks, and it took forever to bounce, so I had no idea that I was not paying my HOA... And this happened in San Francisco, California where the Bank of America and the US Bank are on the same street, a block away...
I cannot wait for FedNow or anything trying to fix this mess.
Well the cap is only on the interchange fee, there are several other fees to add to it... example: https://www.adyen.com/pricing
Processing a Mastercard card is "$0.13 + "Interchange+" + 0.60%" where the "Interchange+" would be 0.30% for EU. So more like €0.10 + 0.90% so for €10.00 product, it would be €1 of fee (1.00%). Much less than here in US, but still not negligible for small businesses that run on thin margins (and 20% VAT).
the "2% cash reward" and "miles" etc. is common here in US because our cards charge the merchants already a lot. So sure we all overpay everything in US because of the credit cards, but we get a small piece back.
Now, would it be nice to not overpay at the first place. Technically we could re-implement the whole thing (instant payout, fraud detection, etc.) like Brazil or India did. It would bring more than $100B back to the US consumers every year, that could be spent elsewhere.
Did some modest development on Lambda Prolog back in 1999. I still have a vivid memory of feeling my brain expanding :) like rewiring how I approach programming and opening up new territory in my brain.
It might sound weird and crazy, but it quite literally blew my mind at the time !
The property tax goes up slightly every year, but not faster than inflation.
There are recurring things to maintain (repaint every ~10 years), the roof has been patched about 10 years ago, might need a new coat eventually.
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