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Cake day: August 26th, 2023

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  • But this basically is the reason why no one wants to build a nuclear plant. Such a power plant will basically run at a massive loss during high solar and wind energy supply. A nuclear reactor takes a long time to shutdown once the reaction has started. So it can’t dynamically scale the production based on market demands. A nuclear power plant cost at least $8 billion and 8 years to build and needs to be operating for 50 years to see a return on investment. But during those 50 years wind, solar and battery tech will obviously advance as well. It’s basically a given that a nuclear power plant is never going to make the investment back. Hence why no one wants to build one. And therefore the government should do it.
















  • The service providers are the ones who dictate the costs. They provide the infrastructure. The costs for these kind of transactions are much much lower because of economy of scale they handle millions of transactions per day across all their clients. Because they handle so many transactions they can charge a small percentage fee. The loss they make on small transactions they will make up with bigger transactions.

    While Steam uses a normal bank transactions to pay developers, because many of them are in the hundreds of thousands and some are in the millions of dollars so you don’t want to have a third party handling those that asks a percentage fee. You’d rather just pay the fixed fee the bank charges per transaction. Since it is cheaper for those large transactions. That fee can be $10-$20 especially on international transactions. That’s why Steam waits till that money is above a $100. And using a third party to handle those small transactions wouldn’t be worth the hassle. The percentage fee would be high anyway because of the low volume.