* Posts by BobRocket

222 publicly visible posts • joined 11 Feb 2015

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Tech bubble? Pah. IPOs just return cash to early-stage investors

BobRocket

It's not quite working like that

Established companies started to buy back their own shares to a. return shareholder value (in individual share price rise) b. trigger bonuses based on share price.

The same companies then borrow against the company and again buy more of their own shares (increasing each shares price but not its value)

The last stage is to IPO which dilutes the share price/value and releases capital to the existing shareholders, they then leave the building leaving the retail investors holding the bag.

Pump'n'Dump or Bait'n'Switch it all amounts to the same thing.

Osbo PRINTS first Tory budget in 19 years with his BARE HANDS

BobRocket

Working Poor

According to R4, this budget favours the well off and the working middle (there is nothing intrinsically wrong with this).

The problem I can see is that the working poor spend all of their money, if they have less income then they will cut back on spending (they don't have access to credit to make up the shortfall).

What will George do when the deflationary pressures get too much given that interest rates are already at ZIRP.

It is only at the edge cases where economics gets interesting, surely Tim has an opinion.

(if you are not living on the edge you are taking up too much room)

BobRocket

Re: Raise more Tax

I think that spiderman was referring to the legitimising of cannabis as 'the act of tomfoolery', he seems to think that the accident rate (from unspecified causes) will rise to such an extent that we would have to spend all the direct taxes raised from legitimisation on A&E.

Extrapolating the Colorado tax take alone, the UK would generate well in excess of £1B per year in duties + VAT alone. (the UK has a much higher density of regular tokers so that number is very conservative)

There are around 235 towns in England with a population > 100000, each of these could support 4 head shops with 3 FTE jobs (12 FTE jobs per town) which means > 2800 jobs, each paying income tax and NI.

Growers, processors and wholesalers add more.

There are > 80,000 convictions for posession each year at an average cost of > £9500 (although they do generate on average (£95 fine, £45 costs and £36 victim support - £176 each) £1.4M)

Netted out this costs the taxpayer > £750M

It is not known how much those convictions cost the taxpayer in the long run in the form of lost income/opportunity.

From a purely fiscal point of view the current situation is detrimental to all law abiding tax paying citizens in these times of austerity.

Perhaps Tim can shed light on the Economics

BobRocket

Raise more Tax

Of course George could have raised more than £1Beellion each year in direct taxes if they simply legitimised cannabis sales in the UK.

BobRocket

£650 meellion

I can't see why it costs such a huge amount of money to give away free TV licences to over 75's.

What they are probably saying is that 4.5m households aren't paying and are using the excuse of having an old person in residence.

How many of those households would actually pay if the over 75 exemption were abolished ?

It sounds a bit like the losses attributable to piracy in the media industry. (ie. bo**ocks)

Samsung to launch a Snapdragon 808-based clamshell smartphone

BobRocket

The FlipPhone

Got a Razr on my desk in front of me, god knows how old it is (someone gave it to me ages ago), it still works fine, holds charge, makes calls. What else do you want from a phone ?

Why the BBC is stuffing free Micro:bit computers into schoolkids' satchels

BobRocket

Excellent - I'll take a dozen

The kids can build them into bird boxes to measure bird traffic and a weather station inside one of those garden windmills with the woodcutter (except he will be turning a generator), for Xmas they can make some advent calenders.

(cheers for the links to non/conductive dough, it had never occured to me - a project for this weekend with the 3 year old)

German gets 4 years in clink for $14 MILLION global ATM fraud

BobRocket

Re: Hacked the American Red Cross

Why has the ARC suffered any substantial loss ?

The thieves broke into a bank and stole some of the banks money.

The ARC would have to send out 21 replacement cards, even with the admin I can't see how it would be anymore than 200 bucks.

Are you suggesting that the card processing company is charging the customers when it is their own security that has been compromised ?

BobRocket

not a cracker, more a fence

He didn't crack anything, much less steal $14meellion.

He aquired some (unspecified) amount of pre-paid debit card numbers and sold one or more of those to an individual in Brooklyn.

4 years for handling stolen goods.

How many more for not paying the fine ?

Adam Smith was right about that invisible hand, you know

BobRocket

Re: Too true

Sorry Chris I was being facetious, The Tragedy of the Commons is a myth spread by the land grabbers.

Elinor Ostrom got her 'Nobel' for work including the 'Design principles for Common Pool Resource (CPR) institutions' which is well worth a read.

https://en.wikipedia.org/wiki/Elinor_Ostrom

To date, she remains the only woman to win The Prize in Economics.

Her acceptance lecture is one of the better ones.

http://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/2009/ostrom-lecture.html

BobRocket

Rational behaviour

Another good article for the weekend edition Tim, gives one pause for thought whilst scoffing the Uitsmijter.

While the immediate returns may be greater by investing in non-local enterprises, there are valid economic reasons to accept in the short term the reduced return from localism.

It broadens the local tax base so that the investor individually pays less.

The investor gains from the local reinvestment preferences of those around the investor.

The investor may have some influence over political spending in their own locality but none externally.

I see no invisible hand.

The studies may show a preference to invest in home markets, did anyone ask the investors why ?

BobRocket

Re: Too true

'I guess I'm a left-leaning internationalist who hopes that one day we'll drop the short term self interest and parochialism in favour of a global approach to enabling all of us to benefit from our common resources.'

Oy, get your filthy hands off my resources, haven't you heard of The Tradegy of The Commons ?

(and don't mention Elinor Ostrum)

Post-pub nosh neckfiller: Uitsmijter

BobRocket

Northern refinement

Looks great but how do you pick it up ?

I suggest that you get two of these and put the second one (upside down) on top of the other. grab with both hands (to keep it all together) and scoff it.

Should be served with either more beer or a big mug of tea (or both)

A even more Northern refinement would be to dip the whole thing in batter and deep fry the bugger but I wouldn't recommend playing with the DFF post pub.

Reg hack survives world's longest commercial flight

BobRocket

Save time by flying

It's a bit like a microwave being sold as a time saving device, time is only being saved if you do something useful with the extra.

A jacket potato take 1.5 hours in an oven or 6 minutes in a microwave, if you use the oven based route you put the spud in and go away and do something (paint the ceiling), if you use the microwave the time 'saved' is not long enough to do anything with so you just stand around waiting and now there is only 1 hour and 24 minutes left to paint the ceiling.

3 weeks on a sail boat and you could learn a new language, annotate the sketches of the wildlife you saw on the last pacific island you just left, anything really, the time is yours.

What did you do with your 17hrs, slept a bit and watched a bit of telly, great - you could have done that at home and used video conferencing and still have time to play a game of footie with the kids.

UK TV is getting worse as younglings shun the BBC et al, says Ofcom

BobRocket

If the BBC closed tomorrow I wouldn't notice (I don't imagine I would be 40p/day better off either as the Government would just extract it in other ways).

The 'charter' from the OP above makes me laugh, where does Eastenders fit into that ?

The 24hr news is like a poor mans Richard and Judy without the talent and wtf is 'Victoria Derbyshire', not exactly what I'd call news.

R4 used to be ok but now 'wimmins issues' has to be levered into every program I've stopped listening to that.

When my youngest gets bored with Peppa and Ben & Hollie (C5) then I'll stop buying the licence, in all probability I won't buy another TV ever again.

Teaching people to speak English? You just need Chatroulette without the dick pics

BobRocket

Re: Prizes - rewards and just desserts

If it's money you want then start a business and buy in the talent, no need for either a Masters or a PHD.

If you get a buzz from high end particle physics and you can't afford your own hardon collider then a PHD is going to make things easier.

It all depends on your personal definition of 'rewarding'.

I like playing with embedded devices, I don't have a PHD but I manage to pay the rent and raise four kids, that is reward enough for me.

BobRocket

Re: Prizes

The missus likes Duolingo, why not combine the kittens and the owl, throw in a pea green boat and we might have a winner :)

BobRocket

Prizes

How about an app that awards micro prizes for completing reading/writing tasks, the prizes don't even have to be monetary, they could unlock levels of games or give out pics of fluffy kittens.

This is how education works in the real world anyway but on a longer timescale (25 years of schooling gets the winners a Doctorate and hopefully a rewarding career).

Microsoft in Blighty reveals its 78 THOUSAND POUND Surface 3 slabloid

BobRocket

Re: Or just a dummy value...2 x mistakes = correct

I've just ordered 32, when it got to the payment bit I felt safe that the total would be a little over my card limit.

It turns out that the total charge was £2.24 less 4% volume discount so they charged me £2.15 (with free express delivery) (7p each, I think I was overcharged :)

I've got a shipping number and they said they would arrive by Friday.

Cunning goldfish avoided predator in tank for seven years

BobRocket

Fish Farming

It's a member of the carp family, native to Asia they are present over most of the world due to human intervention (bred as a food species and now as a sport fish) which begs the question 'who's farming whom ?'

Why OH WHY did Blighty privatise EVERYTHING?

BobRocket

The argument against state ownership was not that nepotistic regulation crowds out competitors but the bottomless backstop that is only available to state companies, a private company can only lose money for so long before creditors pull the plug, a state can go on and on.

A company (state or private) exists to satisfy demand, a badly run private company goes bust and the assets are sold off cheaply to anybody who thinks they can satisfy that demand at profit, a badly run state company just sucks in more state support.

Hey, Sand Hill Exchange. Shouting 'blockchain!' won't stop the Feds

BobRocket

Winners and losers

House prices are defined by the amount the lenders are prepared to lend and mitigated by the default risk of the borrowers.

Shorting property (or just the Halifax index) is effectively illegal because the lenders make the rules.

House prices are the modern day South Sea Bubble, when it pops (and this is a mathematical certainty) it will trigger bankruptcies amongst those who had bought on credit, the lenders will grab the assets and proceed to pump up another one.

If you don't know who the mark is...

Tower of BT Bubbly: Fancy nibbling atop a strategic data hub?

BobRocket

Re: Is it safe or not?

It was closed because of the terrorist threat at the time, it is a working telecom tower with a resturant on top, any kind of explosive incident could knock out communications across London as well as generating huge publicity for the perps.

Post-pub nosh neckfillers: Reader suggestions invited

BobRocket
Joke

Mmm...food

Come in bladdered, get a pan (any size/shape) open cupboard and place any combination of stuff that looks tasty (at the time) into pan and cook, add copious amounts of seasonings/ketchups.

Enjoy !!

Wake up in the morning with your head in the pan (that still contains 1/3 of the 'meal') and wonder why the pool on the floor has carrots in it.

Ubuntu daddy Mark Shuttleworth loses fight to cancel $20m bank fee

BobRocket

Wrong Bank

If he wanted to move large sums of money quickly and quietly without Government interference he should have used HSBC or S&C or Lloyds or Barclays or RBS etc. (other banks are available)

Foxconn's going to 'exploit' Indian labour? SCORE! Bye, poverty

BobRocket

Re: Lefty pay?

this is an interesting thread on average/modal wages

http://www.urban75.net/forums/threads/what-is-the-uks-mode-average-wage.179245/

Oculus Rift noggin-bucket ... heyyy, errr ... have we all got them on already?

BobRocket

'Touch controllers'

Those 'Touch' controllers look wierd.

A magnet holding the pair together would make a good steering wheel.

'Stolen' art found on nearby shelf. Police keep looking anyway

BobRocket
Joke

Re: It's Like That In Lots Of Places

I've got a library like that, well more a collection of things that I add to voraciously and the only record is a faint recollection,

I've got a socket set in my agglomeration somewhere but I'm buggered if I can find it.

BobRocket

Catalogue as you go

'A library statement claims that 14 library workers searched through 180,000 of the print stacks' 320,000 items before the missing items were discovered.'

I bet that they didn't catalogue the items as they sifted through them, had they done that they would already be more than halfway through.

They probably just routed through them in no particular order, moving and mixing them as they went along.

Soon your car won't let you drink. But it won't care if you're on the phone

BobRocket

Life value

'How much is a life worth'

It is difficult to value an asset without actually trading it but...

Around $6 million (apparently) so that means Carlos Slim can kill around 8000 with impunity (are unwilling victims worth more than willing ones ?).

BobRocket

Common sense

If I don't know whether I've drunk too much to drive then I have.

The penalties for driving just a little over the limit are such that it isn't worth the risk for me (so in my case they are set just right)

The problem that these breathalysers may have is if this robot overlord allows me to drive when I'm positively blotto then who is responsible ?

Presumably that would still be me (as I'm in control of the car) but do I have the right to claim compensation (and a 24/7 chauffer) when the gizmo gets it wrong.

I think I'll stick to the one pint limit.

So why the hell didn't quantitative easing produce HUGE inflation?

BobRocket

Re: Not liquidity but solvency - No profit either

According to the link, they spent $615bn and have made a profit of $55bn.

Investing $615bn in index linked bonds would have returned $675bn so the reality is that they have lost $5bn in value over the intervening period.

To put it in perspective, if they had invested the $615bn in the S&P500 the value of their investment would be worth around $922bn (or nothing, theoretical performance may not match reality), effectively they have given away $300bn.

BobRocket

Re: Is that the sound of a can being kicked down the road?

The inevitability of a housing crash in the UK in the future is a mathematical certainty.

Despite importing fecund foreigners for the last 40 years the total fertility rate for the uk was last above 2 in 1973, since then it has been below replacement rate.

We bottomed out in the total mortality rate in 2011/12, from here on in this will rise as the population ages.

Fewer new ones coming in at the bottom and increasing numbers of old ones (who own most of the property) shuffling off means only one thing.

BobRocket

Re: QE was used to increase inflation

'Otherwise we would have had global deflation...which would have been very bad'

What, assets marked to market rather than overvalued fictional assets marked to fantasy.

The financial system had (and does) have a vested interest in fixing prices of goods higher than they could realistically fetch in a fair market (they get to lend more at interest)

They are quite prepared to lend as much as competing buyers will pay, this means that lenders are setting the price.

They are also prepared to throw the risk of default and the inability to repay this overvaluation back onto everybody whilst escaping with only the loss of an occasional knighthood.

Explain to me on a fixed income why deflation in consumer goods in line with increased efficiency of production is a bad thing cuz I can't quite grasp that.

BobRocket

Not liquidity but solvency

The GFC was sold by the banks as a liquidity crisis, "look we've got all these assets (triple A rated with a cherry on top) but due to a few delinquent borrowers we can't capitalise on them".

(banks are expert at rigging markets and misselling to the unwary/miseducated)

The governments believed them (were in hock to them) and lent them huge sums of money against these assets at very low rates.

The assets are worth shit*. It wasn't liquidity it was solvency. Banks had bought and sold these worthless assets to each other in a massive circle jerk, they knew they were worthless if liquidated but they were good as security because they were rated and had insurance.

When the few delinquent borrowers (remember them) defaulted it took out the insurance company (AIG remember them) and then the banks.

Publicly financed QE has allowed the insolvent (and corrupt) banking sector (with their revovling door) to stagger on, immune from failure their rapacity knows no bounds.

Well there are bounds, the Sovereigns have mortgaged themselves up to the hilt to save the private banking system, these banks are still on (very expensive) life support (they are Zombies and cannot be ressurected, they wiil consume all)

The next crash will take out the overleveraged Sovereigns and there will be nothing the Central Banks can do.

There is (was, I haven't checked recently) an interesting description of what QE is and does on the BOE website that was only released after they started doing it.

* the average house is 'worth' nearly 200 grand not because many people actually have that kind of money but solely because the banks (who have a vested interest in lending larger sums) are prepared to lend two competing people any amount of money, if mortgages were based upon 2.5 times income the average house would be 75 grand (including borrower funded deposit).

Oh, shoppin’ HELL: I’m in the supermarket of the DAMNED

BobRocket

Dinosaurs

The supermarkets are dinosaurs just waiting for the meteoritic winter to finish them off.

They superceded the high street because grocery shopping was such a pain with finding somewhere to park and then having to go into each shop and do all those seperate transactions.

Free parking and one transaction lured the shoppers, and the high street died (the one stop shop with cheap petrol cuz they were all out of town).

Online is the way from now, except not with their useless shopping experience, it is marginally less painful than physical shopping but not by much.

Amazon (Uber) are going to eat their breakfast and won't even buy them dinner first.

Do those at the top know, yes.

Do they care, no.

When they pay you off with 3 million quid after halving shareholder value, would you care ?

In less than 10 years they will all be gone.

BobRocket

Re: Some Dutch shops..

At least two of the big four use the same software (as well as a national convenience chain) provided by the same servers, I have had occasion to view a competitors data when trying to view my own (which is a right pain as I don't gaf about theirs, I've usually got a meeting to go to and need my data)

Life in prison not appealing to Silk Road boss Ross Ulbricht – appeal filed

BobRocket

Re: He doesn't want life in prison? Shocker.

He opened the Silk Road to make money, he had already tried a couple of legitimate businesses and these had failed so he decided to take advantage of the higher margin that an illegal market offers.

He thought he was too clever to be caught, he wasn't

We stand on the brink of global cyber war, warns encryption guru

BobRocket

Re: Just as well...

'Before the Internet'

Ha, Ha, that's a good one, is that one of those tales that old people use to scare the children ? Next you will be telling us that Maccy Ds used to come in styrofoam boxes (like anyone would believe that :)

Wall Street watchdog publishes its ultimate rules on Bitcoin biz

BobRocket

Re: "How exactly does someone go about banning computer code?

I'm also happy that he understands that Bitcoin is just an app that utilises a blockchain.

It is analogous to the WWW and the Internet.

You can use a blockchain for a whole lot more stuff than just a cryptocurrency.

NASA shock: Flying saucer predicted over Hawaii on Wednesday

BobRocket

Typical

Those darned USians steal El Reg's idea of a ballocket but won't let LOHAN launch because they don't want to be shown up by theirs not working and LOHAN performing flawlessly.

Just drive out into the desert and launch it, I doubt anybody of importance (or officious busybody in normalspeak) will notice it and even if they do you can have scarpered before they turn up.

In the words of Pontius Pilate

Welease the Wocket !

Silk Road boss Ross Ulbricht to spend LIFE in PRISON without parole

BobRocket

Re: Death by Drugs @BobRocket - @LucreLout

In my opinion Ross Ulbricht got everything he deserved, he did not set up the Silk Road to reduce unfair discrimination but purely to profit from it.

From the Wired article, 'Ross decided to cultivate his own psilocybin mushrooms as a starter product'.

He did not hold true to the libertarian ideal of 'economic freedom' because he was happy to use 'the state’s monopoly on violence' to enable a high profit margin, he was supporting and practising crony capitalism for his own selfish ends.

He certainly exhibits psycopathic/NPD tendencies as evidenced by his treatment of his girlfriend, he was devastated when she left due to his inabilty to give her the freedom to choose her own lifestyle and was elated when she returned (which reinforced his NPD, 'she was wrong to leave in the first place') but he did not change his behaviour to accomodate her so she left again (reinforcing his paranoid belief that others are untrustworthy and are out to get him).

He is undoubtedly charming and charismatic but attempts to use these characteristics solely for personal gain. (the carefully worded letter to the judge)

I believe him to be a very dangerous individual indeed and I commend the judge for not being taken in by him.

BobRocket

Re: Death by Drugs @BobRocket

I've given you an upvote because you posed a difficult and challenging question (and they are the best kind)

'I've given it some consideration and I can't see what harm it does a third party (me, in this instance). As far as I can see it does me, and anyone unrelated to those convicted, no harm at all. I'll happily admit I've missed your point, which is why I'm asking for clarification please.'

I'm going to restrict my response to the issues of the conviction of simple possession of a recreational drug

(and not to any harms caused by the current supply chain as these harms are derived from the proscription of possession).

There are two sorts of people, a) those who take drugs and b) those who don't. It is a personal choice which category people divide themselves into.

If a person from either category harms someone else at any time there are existing laws to exact justice

If a person from category a) possesses or takes a drug it harms no one else.

It is a discriminatory law based solely on prejudice (salient group membership)

If this was religion, the act of discrimination itself would be criminal and the victim would have recourse to justice.

A subset of category a) have convictions because of their personal choice and so have reduced equality of opportunity (eg. can't stand for election as a Police and Crime Commissioner, spent conviction or not).

Unfair discrimination is a corrupting influence and harms everyone, it is deemed bad in society for very good reason.

This is interesting

http://www.academia.edu/9108156/What_is_so_Bad_about_Discrimination

BobRocket

Re: Distributed distribution

If you read the Wired article (linked elsewhere) other marketplaces have sprung up (and always will due to sufficient demand being the driver).

I'd rather see a legal marketplace established with full traceability for quality control established (you can use a blockchain for that), relying on user feedback is ok for the quality of the service but not for the contents of the product.

The fact is that there will always be more harms generated by an illegal market than a legitimate one simply because there are greedy and unscrupulous people about, in a legal market there is recourse to the law, in an illegal one there isn't.

BobRocket

Re: Paul 87

'One theory links the crime wave to leaded petrol (gasoline), and the drop off to unleaded. Reportedly the detailed data supports the theory.'

Lead in paint and then lead in petrol correlate well with crime rates.

http://www.ricknevin.com/uploads/The_Answer_is_Lead_Poisoning.pdf

Lead also correlates better to the reduction of IQ in the Dunedin study than useage of marijuana.

There is reason to believe that youngsters who are suffering from lead poisoning and displaying the antisocial behaviour of smoking pot may in fact be unknowingly self medicating to mitigate the effects of the lead.

Lead exposure damages the myelin sheath.

There is some evidence that some compounds in marijuana mitigate against this damage (sufferers of MS also exhibit myelin sheath damage).

BobRocket

Re: Death by Drugs - the tax gap

We already fund the medical treatments, usually at the expensive late stages due to people being in fear of seeking earlier intervention.

The total tax gap is estimated to be £34bn, which is 6.8 per cent of tax.

The excise duty portion of that gap is estimated at £2.9bn of which £1.6bn is tobacco related. (over £6 of an £8 packet of cigarettes is tax)

There is no reason to believe that a properly regulated recreational drugs market will have a higher proportion of evasion.

The cartels will carry on dealing in arms/people/organs/drugs/etc. as before except they will be largely shut out of the UK domestic drugs market (all of the natural drugs grow well in the UK, it is just another farmed crop and we have a thriving pharmacuetical industry to supply synthetics)

Cartel activities could be more easily curbed by jailing a few bankers instead of fining the shareholders when they facilitate money laundering.

(the global illicit drugs business was worth around $500bn in 2008 when the credit crunch happened, it has been stated that it was only this very liquid money supply that kept the banks afloat. the banks have been fined billions for complicity and not one CEO has been convicted)

As for the DPR, he got what he deserved, he knew it was an illegal market with high rewards for the risks he was taking, he would not have created this market if it was legitimate (as the rewards would be lower), in fact he had a vested interest in the market remaining illegal as others still do.

BobRocket

Re: Death by Drugs

'My point is, how do you prevent that kind of thing happening'

The answer is that in some cases you can't.

Just as in some cases alcoholics will drink themselves to death.

In the case of alcohol there is education and a support network for those who recognise they have a problem and wish to do something about it, we treat it as a medical problem (as all addictions are).

We don't criminalise the possession and enjoyment of alcohol because the vast majority of users suffer negligible harm from occasional recreational use.

Currently there is no regulation of the illicit drugs that people consume, there is no quality control, no age restrictions and no duties/taxes raised that could be spent on mitigating any of the harms that may result from such consumption.

We spend huge amounts of peoples hard earned money fighting the 'War on Drugs' to no avail, where there is demand there will be supply.

If drugs were legitimised there would still be harms, foolish people would still get themselves into trouble (as they always will) but at least real education (not 'Reefer Madness') will be available, help for those that recognise they have a problem would be available.

Every year approximately 80,000 people in England and Wales are convicted or cautioned for possession of drugs.

Those criminal records harm us all.

BobRocket

venting from the rear end

Not everyone who drinks alcohol or smokes tobbaco is dependent on them (although some are), they are priced to maximise return.

Not everyone on a day trip to Calais is a smuggler.

If illicit recreational substances were legitimised not every day tripper would become a smuggler.

Medicinal benefits of opiates are well proven, medicinal benefits of marijuana are difficult to prove because the authorities prevent research

As for the 'Slippery slope' argument, not every person who tries illicit substances becomes a hardened recidivist criminal however it is a fact that every junkie/criminal and murderer there has ever been has been born, perhaps we should stop all people from breeding, that'll cure it.

BobRocket

Distributed distribution

I think his big mistake was that he is greedy, he could have made the Silk Road a distributed marketplace (like Tor/Blockchain itself) but he chose a centralised version (not unlike Amazon) where he got a cut of all transactions (like Bezos)

Of course a distributed marketplace wouldn't have made him rich/powerful (and it wouldn't have got him life)

The fact is that the demand that was serviced by the Silk Road was serviced by other means before, it is still out there and will be serviced by other means again. (the Silk Net perhaps)

Why voice and apps sometimes don't beat an old-fashioned knob

BobRocket

Re: The one they NEVER mention @BobR

Because I've hacked her phone to set the temp to 4 degrees below what the app tells her the setpoint is, if she sets the temp to above 26 it turns the boiler off ('it's a bug in the software' I tells her, 'they will probably fix it in the next release')

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