How to Making Money

Capacity vs. Usage

Kepes emphasizes the following financial benefits of Infrastructure-as-a-Service:

• Economies of scale - IaaS vendors can offer cheaper access to infrastructure by purchasing equipment in bulk.


• Pay as you go for what you use - With cloud computing, you can pay for what you use, like a utility, instead of investing in a fixed capacity infrastructure that may either exceed or fall short of your organization's needs.


• Cloud services can be paid for out of the operating expenditures budget - And because computing resources are paid for like a utility, they can be paid for out of the operating expendetures budget instead of capital investments.

Kepes then emphasizes the need for organizations to select IaaS vendors that allow them to actually take advantage of these benefits. For example, it's important that customers make sure than billing for cloud services is as granular as possible.

Kepes also looks at issues such as Service Level Agreements, support and compliance. This is the first of a series of free white papers by Kepes. Hopefully we'll see further depth and some papers for more advanced practitioners.

Photo credits: Flickr user Kevin Dooley

He wrote. Gold, which is effectively just another fiat currency, has recently benefited from its perceived ability to hedge against a variety of potential economic outcomes that are currently foremost in investor's minds: inflation, sources of economic growth, downward spiral in fiat currencies, etc.
 
My two cents.
 
Clearly he failed to look up the definition of fiat currency.
 
Fiat money is money that has value only because of government regulation or law.
 
Definition of Fiat:  An authoritative or often arbitrary official order or decree.  THIS DOES NOT EXIST TO GOLD AS MONEY TODAY AT ALL.  In fact there are laws to prevent its use as money in many countries.
 
Anybody with any simple understanding of money or who had bothered to look up what fiat money is would know how ridiculous such a statement is.  Gold is not money under “fiat” in any country at the moment.  Rather the market is making gold as money today which is the OPPOSITE of fiat money.
 
It is one thing to be negative on gold.  I can have a great debate about anything and I can always be wrong just as anyone can.  It is entirely another to make shit up.

Pretty much says it all.

And for the funniest thing you will read all day, heeeeeere's Vadim:

 

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