Libra (digital currency) - Wikipedialibra/libra: Libra’s mission is to enable a simple global currency and financial infrastructure that empowers billions of people. @GitHub
Sunday, March 01, 2020
Rust: Libra crypto-currency
Libra (digital currency) - Wikipedialibra/libra: Libra’s mission is to enable a simple global currency and financial infrastructure that empowers billions of people. @GitHub
The Great Lightbulb Conspiracy
The Great Lightbulb Conspiracy - IEEE Spectrum
wikipedia.org/wiki/Phoebus_cartel
"The Phoebus cartel existed to control the manufacture and sale of incandescent light bulbs. They appropriated market territories and fixed the useful life of such bulbs.
The Phoebus cartel created a notable landmark in the history of the global economy because it engaged in large-scale planned obsolescence to generate repeated sales and maximize profit. It also reduced competition in the light bulb industry for almost fifteen years.
The cartel conveniently lowered operational costs and worked to standardize the life expectancy of light bulbs at 1,000 hours[6] (down from 2,500 hours),[6] and raised prices without fear of competition. The cartel tested their bulbs and fined manufacturers for bulbs that lasted more than 1,000 hours."
wikipedia.org/wiki/Phoebus_cartel
"The Phoebus cartel existed to control the manufacture and sale of incandescent light bulbs. They appropriated market territories and fixed the useful life of such bulbs.
The Phoebus cartel created a notable landmark in the history of the global economy because it engaged in large-scale planned obsolescence to generate repeated sales and maximize profit. It also reduced competition in the light bulb industry for almost fifteen years.
The cartel conveniently lowered operational costs and worked to standardize the life expectancy of light bulbs at 1,000 hours[6] (down from 2,500 hours),[6] and raised prices without fear of competition. The cartel tested their bulbs and fined manufacturers for bulbs that lasted more than 1,000 hours."
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