It’s 100% trackable. It’s anonymous but there are many datapoints that could be used to deanonymize if the transaction parties are not extremely careful
Exchanges are not anonymous at all though. They are directly linked to your identity as required by US law, but physical btc can be traded anonymously as its technically just a string of letters and numbers. You could transact with it through just telling someone this string if you trust them enough.
Markets can’t see the product quality of a monopoly. It won’t be reflected in the metrics because there’s no competition to anchor the earnings to the real consumer value. But that doesn’t mean quality isn’t a factor- it makes them vulnerable to disruption.
Warren Buffett is known to trade on product quality (he buys what he uses). So his sale could be based on that.
Amazon isn't a monopoly, it has 8% of retail in the US.
There's no real evidence that this trade was made by Buffet himself, and it's part of a general major sell-off of Amazon that transparently did not temporally align with the idea that Amazon's retail business has suffered a decline in quality.
This is the market making a (reasonable!) judgment that it lacks confidence that Amazon's capital expenditures will pay off.
I've got the PDF specification on my desk at the moment. 1200 pages of vague details on the format. I don't know why you expect to get a product that works with that for nothing.
He wasn’t claiming that he is. He was pointing out that people were scrambling to label him as being from “the other side”. The reality isn’t so binary.
I agree it could have been worded better but I think it’s clear if you watch it in context.
As far as I understand, the act can’t control what Apple decides to do outside of the EU. Whether Apple has products or features available outside that market means nothing because it’s scoped to that jurisdiction.
I think that whether or not they built the thing does not matter.
I don’t know anything about jurisprudence, much less EU jurisprudence. Is there anything that would make the EU demanding that Apple not restrict these features from the EU to avoid allowing competitor products illegitimate in the eyes of the court? The law would still be only directly affecting the requirements for selling their productions under the EU’s jurisdiction. However it would consider facts about their behavior outside of the EU as essential to showing their noncompliance.
From what I know, the current rules don't say anything about region locking features like apple is doing. The EU regulations might be slow in reaction time but they are not playing around. You can be sure that they will continually close loopholes and avoidance strategies until Apple (and others) aren't a gatekeeper anymore.
The way Apple and others misuse their market position to get away with anything is ridiculous. At a certain size or influence you shouldn't be both a platform for other companies and products and a participant in that platform while giving yourself all sorts of advantages.
Airpods are decent but they have most of their market share due to the massive integration gap from competitors. So shit it's impossible for anyone to compete.
I’m not sure I’d call this a loophole per se. I don’t think governments should be refusing to let you take your ball and go home if you don’t want to sell things that create more compliance work/risk. I was just curious if this kind of jurisdictional edge case matters.
Do the relevant provider-agnostic Bluetooth audio standards (in USB they’d be class devices, not sure on Bluetooth terminology) have equivalent features that Apple is refusing to just implement? I think it’s reasonable to ask Apple to support interoperability standards once the industry settles on them, but it seems weird to incentivize them to create bespoke standards that they control in an effort to reduce their market power.
If the consumers in EU don’t like the legal and predictable effects of the DMA in this case, how is Apple subverting the democratic process? If the act isn’t having the intended effect, then either voters will change their minds or it will need to be reformed. But this sounds like a successful outcome of the law insofar as preventing anticompetitive behavior.
Subverting democracy, to me, would involve things like dark money campaigns and lobbying.
> If the consumers in EU don’t like the legal and predictable effects of the DMA in this case, how is Apple subverting the democratic process
The issue is that Apple isn't following the law. It's breaking it and then miming to its customers that its actions are on account of the law. That misrepresentation is meant to convince citizens of the EU that DMA is a bad law with consequences they don't support so that they pressure their representatives to get it removed.
It's Apple making a big show of directly harming consumers as part of a misinformation campaign to get policy that limits their power repealed. To me that reaches the bar for subverting democracy.
It’s not breaking the law in this case as far as I know.
The law requires Apple to provide equal access to the iPhone hardware and software in marketplaces that it competes in.
That can be done in a manner that is either additive, by providing access to third parties (which is potentially a significant expense and liability) or subtractive, by choosing not to engage in the regulated activities at all, in that jurisdiction.
You're right that they're not breaking the law in this specific instance. I was referring to the many instances they've lost or are disputing in court, mainly around browser engines/JIT, their handling of default app screens, third party app distribution, extra fees, and mandatory app bundle signing.
In this case they're merely being obtuse by refusing to provide an API to other device manufacturers. Unless you genuinely believe that the cost/benefit analysis of adding a new feature to their OS dictates that they basically freeze development unless they're able to recoup costs by tying it to their accessories, then you must conclude that they made the live transcription API Apple-only, and therefore not DMA-compatible, only to make EU citizens feel like their laws were depriving them of new features.
An organization interested in good-faith compliance would expose their internal API surface with some vetting process for access by interested parties. Then as the API becomes stable they would open it up more broadly. If accused of being anti-competitive by restricting access they could easily and correctly argue that they were working with potential competitors on that stable and secure API, and that their actions balanced the interests of market competition and security.
Of course, Apple is not interested in good-faith compliance. It's my belief that they should be made an example of so that they and other companies running the math in the future decide that proactive and good-faith compliance with regulations is more cost-effective than attempting to fight them.
Proponents of EU competition law seem to be the most egregious version of “America isn’t the center of the world.” Why should international companies build products to align with regulation that has put the nail in the coffin of European innovation?
Typical meme comment with zero substance. The DMA is a competition-promoting regulation which will breed innovation as long as it's properly enforced.
Inventing a substandard product and using your market dominance in one area to ensure that nobody can compete with your substandard product is as far detached from innovation as you can possibly be. One size fits all solution with centrally planned development where one person knows best and competition isn't considered a driver of progress, isn't that a very communism-shaped approach to "innovation"?
I'm not even joking here and it's bizarre that I'm having to promote the good parts of free market capitalism to someone who claims to care about innovation.
