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cadillacdave

05/02/22 10:33 PM

#44660 RE: Looking4BIGcash #44658

No doubt they are pushing the herd toward everything digital. However, that doesn't mean it's all in your best interest. Anyone with critical thinking skills would realize there is a significant downside to EVs.

Additionally, if you haven't noticed, the world governments seem to be all about control lately. A lot of the modern tech will be used to monitor and control populations. EVs will be one more step in that direction.

Physical gold and silver will always be valuable despite what the "experts" say.

As far as Tesla and electric cars - give this some thought. When gas prices are $2 per gallon electric cars are not cost effective. At $4 per gallon, at the present moment, it becomes competitive. What is conveniently left out of the equation is the fact that as more people transition to electric vehicles the cost of electricity will rise, as it's all about supply and demand.

Places like California can't keep up with electric demand now, as every summer they have rolling blackouts. They won't build more nuclear or coal fired electric producing power plants. So where is all of the electricity supposed to come from? How do people in CA charge their cars during these blackouts?

The comparisons made between ICE (internal combustion engine) vs EVs (electric vehicle) excludes a lot of relevant information. They always say an EV has no emissions. However, the power an EV runs on, electricity, does produce emissions at the power plants the electricity is produced at.

The batteries for EVs are also very caustic to the environment. Also mining the minerals for the batteries harms the environment.

The average age of a car with an ICE on the road is 12 years old. An EV needs new batteries approximately every 4 years at $15K. So at 12 years old the EV is on its 3rd set of batteries, so you can add $30K to the initial cost of the vehicle, which is also fairly high. Yes EVs needs less maintenance than an ICE, but their are maintenance/replacement costs with the batteries. EVs also have limited range which is inconvenient.

EVs which are a natural fit for use in urban areas would be difficult to use/charge in an urban environment. Where would they be charged? Who pays for the charging stations? Folks in urban areas typically reside in apartments and many do not have a garage. For those who have a home with a garage and four cars at home - how do they charge multiple vehicles in one evening? Add the cost of multiple charging stations at one residence.

I am not against electric vehicles and actually like the concept of hybrid vehicles as they don't need to be charged and increase gas mileage significantly. I believe what Tesla has done is very impressive, but the technology for widespread use just isn't there yet, despite the government pushing everyone toward it.

Technology and advancement is a good thing. Useful tools to assist in everyday life. However, can't rely too much on tech. What happens when that carpet gets pulled out from under folks, i.e. during a global conflict? They become like a fish out of water.

cinnamonpee

05/03/22 7:16 AM

#44664 RE: Looking4BIGcash #44658

The Metaverse hype reminds me of the Dotcom bubble. Can Thom do something to make us relevant. Or do we go down in a ball of flames