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Bike couriers (Foodora, etc.): Do you make decent cash with your gig? Would you recommend it as a secondary source of income?
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I've been debating if it's something I want to try out, but I'm not sure if it actually makes as much as the company says it does. I recognize it doesn't pay a minimum wage, but maybe the compensation they give plus tips is worth it? It also seems as though there are some upfront costs for food boxes and other equipment.
If I'm looking for something to just shore up my spending money, would anyone recommend getting a job as a courier biker? Any recommendations for jobs that could be part time that wouldn't be delivering food?
Top Comment:
I think it'd be a really cool job, my only concern would be cycling through the month long rainstorms we seem to encounter here. With the right attitude and a strong enough beard you should be fine.
ELI5: The integer cap of max cash, etc.
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So as we all know, the cap for cash is 2147someoddnumbers because it's the max integer that it can be, but can someone explain to me why this is? Why is the coding just unable to I guess, fathom, anything higher than that integer? I know it could go higher, or I think anyways, but there is no reason to. But why is there this specific number that the game doesn't go past?
Disclaimer: please don't be an asshole in comments, this is probably a dumb question but I'm only curious.
Top Comment: You know that we represent numbers in base 10. This means that we write any number as the sum of numbers between 0 and 9 times a power of ten. 1321 for example is 1+10*2+100*3+1000*1. Computers don't count in base ten. They use base 2. This means that they represent every number as the sum of 0 or 1 times a power of two. 14 is 2+4+8, or 1*0+2*1+4*1+8*1, in base two we write it as 1110. This is a great way to represent numbers on computers because every number is a strong of 0 and 1, of "yes" and "no". Now, every 1 or 0 is called a bit (for binary digit) and 8 bits are called a byte. With 8 bits you can write any number between 0 and 11111111=28 -1=255. As a matter of fact though, you often need to use negative numbers. This is easily achieved by considering the first digit of the number its sign. With one byte you can now go between -128 and 127, that is from -27 to 27 -1. As you can see one byte is not much. What can we do? Stick bytes! Many programming languages store every number in 4 bytes that means 32 bits. If we use the first bit for the sign we can represent any number between -231 and 231 -1. Guess what, those 2147 millions are exactly 231 -1. Edit: Fixed formatting.
Coinbase Wallet will stop supporting BCH, ETC, XLM and XRP, due to 'low usage'
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The crypto wallet plans to stop support for the four tokens on Dec. 5, but added any remaining funds would still be tied to users' existing addresses.
Starting on Dec. 5, the Coinbase Wallet will no longer support four major tokens.
In a Nov. 29 notice on its help pages, Coinbase said the wallet will no longer support Bitcoin Cash, XRP, Ethereum Classic, and Stellar as well as their networks. The crypto firm cited "low usage" of the four tokens in its decision to stop support starting on Dec. 5.
"This does not mean your assets will be lost," said the announcement. "Any unsupported asset that you hold will still be tied to your address(es) and accessible through your Coinbase Wallet recovery phrase."
Top Comment:
Wait a minute. It's a wallet, right?
How does usage matters so much in the wallet.
If it was CeX, then you could defend them saying because of low trading volume, and the fact that they have to hold that token in their hot wallet.
But, in a wallet? Why would you stop supporting cryptocoins?
Is there a safe way to write off cash (craigslist, etc) inventory purchases?
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I buy my inventory in small cash purchases, usually from garage sales, flea markets, Craigslist or similar apps, etc. In the past, I've attempted to have people sign a bill of sale but that's never going to happen. It's not people aren't willing to do it- it's that it's unusual and they feel like I'm trying to scam them or something. Unless I make a mistake, the person that I'm buying from is taking a serious loss on whatever they're selling me. They don't need to report whatever I buy from them as income and couldn't care less about producing a receipt for me. I sell most of the stuff I buy on eBay. where obviously, every sale is documented and eventually sent to the IRS.
How can I safely deduct my inventory purchases? I keep a very detailed ledger with what I paid, what I received and all the information I have about the person that I dealt with. I'd really like to expand my business but I'm almost afraid of making money. If I can't deduct the purchase and I'm paying taxes on the full sale, the taxes will eat most of if not all of my profits.
Thanks for taking the time to read this. I appreciate any advice you guys have to offer.
Top Comment:
Ebay sends detail of every purchase to IRS? These sellers dont offer a simple receipt? Either way it sounds like u keep good records, so i wouldnt worry about it.