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After months of delay, the House passes infrastructure bill

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Re: After months of delay, the House passes infrastructure bill

#81

Earlier quoted context omitted.

What is good?

The comment I responded to consisted of one sentence that communicated one idea. Where’s the ambiguity in what I think is good?

Ok, so I assume you are saying it's good crypto is having bad news. May I ask why?

Re: After months of delay, the House passes infrastructure bill

#82

This whole time I've been confused how investing more money in roads is compatible with our climate goals. Should we not trying to decommission roads and encourage people to move to denser, walkable and cyclable city centers?

> Should we not trying to decommission roads and encourage people to move to denser, walkable and cyclable city centers? Roads are still needed inside cities and between them. The Ancient Romans (famously) had roads. Roads used to be for people: > Before the advent of the automobile, users of city streets were diverse and included children at play and pedestrians at large. By 1930, most streets were primarily a motor…

The loss of our streets was a great tragedy.

You might enjoy notjustbikes on youtube.

Re: After months of delay, the House passes infrastructure bill

#83

This whole time I've been confused how investing more money in roads is compatible with our climate goals. Should we not trying to decommission roads and encourage people to move to denser, walkable and cyclable city centers?

That’s probably a reductive take. This bill is massive, over 2000 pages. It has funding for all kinds of transportation, green, energy and digital infrastructure. Roads are a part of that because once they are built, they need to be maintained or else people will die. There are several examples of bridges and overpasses collapsing and leading to deaths and badly maintained road surface leads to fatal accidents as wel…

"they need to be maintained or else people will die. "

Maintained or decomissioned.

Re: After months of delay, the House passes infrastructure bill

#84

Earlier quoted context omitted.

The comment I responded to consisted of one sentence that communicated one idea. Where’s the ambiguity in what I think is good?

Ok, so I assume you are saying it's good crypto is having bad news. May I ask why?

I think there’s enough info out there on what’s bad about crypto, I don’t have a particularly unique take on it. I suggest Googling it.

Re: After months of delay, the House passes infrastructure bill

#85
post #6
post #3

Earlier quoted context omitted.

I’d be interested to know the implications if you have time to share.

https://www.coindesk.com/business/2021/11/06/house-sends-inf... Tl;dr it will be a felony offense to receive >$10k of any digital asset without filing a report including KYC information on the sender.

They were loosing the grip on things?

Re: After months of delay, the House passes infrastructure bill

#86

Earlier quoted context omitted.

An area that I didn’t see talk about was investment in pedestrian and bicycle safety infrastructure. That’s generally a much smaller investment with significant gains in reducing car travel, to the GP’s point. I would have liked to see spending on bike and pedestrian safety projects as a percentage of any money spend on car infrastructure.

I live in a fairly rural, but affluent, part of Michigan now, and at one of the township board meetings, they were discussing a proposed bike lane. The reason they didn't want it? Only one person (on the board) really said anything at all, and his reasoning was that he imagined a scenario in which there would be some sort of biking event where lots of people would be biking the trail, and his driveway could somehow e…

I think another part is that cycling is a culture war signifier, because it's associated with environmentalism and urbanism.

Re: After months of delay, the House passes infrastructure bill

#87
post #29

Earlier quoted context omitted.

10k i which time frame? a crypto can in worth from 9k to 10k and back to 9k in one day.

Sounds like maybe a Suspicious Activity Report (SAR) banks have always had to file.

Similar, but this applies to individuals and non-financial companies.

Re: After months of delay, the House passes infrastructure bill

#88
post #2

Bad news for crypto.

Why? Would it not be worse if the bill had not passed?

The 6050l provisions in this bill are impossible to comply with, and carry criminal charges of you don’t. It would be far better if this bill didn’t pass.

Re: After months of delay, the House passes infrastructure bill

#89
post #67

Earlier quoted context omitted.

$100bn/year is still an astronomical amount of money.

For a person: yes. For 330 million people: no. To compare: the US occupation of Afghanistan cost about this much per year, but that budget has been freed up. I live in Europe and I see the same lack of basic understanding of finance. People claim the EU costs a lot of money. And it does. But not per person. Not at all. And any reporter that talks about macro economic numbers like this without normalizing it per capit…

> To compare: the US occupation of Afghanistan cost about this much per year, but that budget has been freed up.

It has not. Do you think we downsized our military after leaving?

Re: After months of delay, the House passes infrastructure bill

#90
post #73
post #20

Earlier quoted context omitted.

It gives the DOE secretary a mandate and budget to commission projects for new, smaller nuclear plants (300MW). Unless that got removed…

This would be really cool! Unfortunately I have no idea how to even tell what's in this bill -- do you?

You can read it. It is a public document.
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