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Showing 20 of 23 results by Joseph_Bennett
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Re: Jobs Disappearing
by
Joseph_Bennett
on 19/08/2018, 14:11:42 UTC
I have also seen many films about the dominance of Artificial Intelligence (AI). That would happen if we did not actually control the development of AI and wanted to replace all employee with robots.
It is worrying that if the speed of development of the robot industry is high compared to the knowledge improvement of workers, those who can not afford to do the high-tech work, will go to where, while robots are replacing them from manual labor.  Undecided
I really don't think that we have to worry about AI taking over humans, in terms of robots becoming violent and hurting people. I think that's only possible is humans program them to do that in the first place.

I'm also really curious what people think about the jobs being taken over. What will society do to deal with this? Will people just work less? Will there be new jobs that will be able to replace the old ones? I think these are questions that are discussed far too seldom. These problems are coming at us much more quickly than we may imagine.
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Board Economics
Re: Almost 80% of US workers live from paycheck to paycheck. Here's why
by
Joseph_Bennett
on 18/08/2018, 21:34:19 UTC
I didn't say that he should give his money away. I simply used it to show the gap between the richest and the rest of the society.
As for what you've said, even if you gave a million people some money and 5% used it to pay their debts and get out of the shitty life they're living, wouldn't that be worth it? You can never help everyone, but that doesn't mean that we shouldn't keep trying. Giving them jobs would of course be a much better idea.
We shouldn't wait for the government to do it. Those who have billions lying around should really put some of it into the lowest levels of society, or the'll one day have to fight to keep their wealth. The larger the gap the higher the incentive for an uprising.
If somebody has made more money, why does that mean he/she should be required to give it to somebody? I have never understood this logic. Well, I guess it is just communism or socialism.

USA has been touted to be 'land of the free' and 'country where dreams come true', but it has all turned out to be a mirage. College graduates are leaving the system deep in debt with no job security as having a diploma nowadays doesn't guarantee employment. A law or a medical degree for example costs in the ballpark of $100k-$150k and people are basically slaves to the banks for many years to come not taking into account any other loans they might have taken out like car or house loans etc. No wonder people are living paycheck to paycheck.
Google tells me that lawyers make an average of $115,000/year. Doctors seem to be making closer to $200,000. The problem is still that people are spending almost all they make. There are lots of people comfortably living on $24,000/year, for example. If they just lived a simple life for a very brief time, they could pay those debts back so quickly and be "free", but no, they have to have the be house and the luxury cars, right away. I mean, if you can get approved for the credit, why not take it, right? *smh*
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Topic
Board Economics
Re: Almost 80% of US workers live from paycheck to paycheck. Here's why
by
Joseph_Bennett
on 17/08/2018, 17:49:43 UTC
Capitalism needs people to spend. The government needs people to spend to keep the economy moving. Unfortunately, this means the government will never teach people to save their money. The whole system is a mess, in my opinion, but you can't fix it by throwing money at it.

This is the perpetual treadmill that USA finds itself on. Many citizens have to work several jobs just to keep up with the bills. It's even commonly accepted that people have huge amounts of debt that they can't handle. What is wrong with society when so much money is being circulated, inflation is so high, but wages can't keep up and people have to work harder and harder to keep themselves from going under?

And yeah, people would just blow that money on useless shit because that's what Hollywood has trained them to do.
Yeah, I really think though that it's more of a culture issue. Maybe an education issue. I mean you point that out too, that Hollywood has trained people how to spend. The thing is that Americans spend all the money they have and even more. People work several jobs to keep up with the bills, but they are almost always spending on things that they could get by without. People in the middle class and even into the upper class are also spending more than they make. Everybody wants more more more. They just complain less about it. I guess they have a bit of a conscience that makes it hard to complain about not having enough money for a bigger house and a third Mercedes.
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Board Economics
Re: Almost 80% of US workers live from paycheck to paycheck. Here's why
by
Joseph_Bennett
on 16/08/2018, 20:25:15 UTC
I watched they talk about it on Keiser Report and apparently over 1/3 Americans have completely no savings and another 1/3 have less than 1000 USD in the bank. The amount of people living in total poverty, unable to pay their bills rose from 36 to 48 million in 7 years. And all this while Jeff Bezos holds 150 billion. Enough to give every single poor american a thousand dollars and still be a filthy rich billionaire.
The flow of wealth from the poor to the rich is huge and frankly cannot be stopped. The more poor people there are the richer the 1% becomes. People became the slave of the system they're living in, because everything has a price tag.
Giving people money will not fix their money problems for the most part. If you give everybody $1000, people who aren't go at managing money will spend it right away. What percent of they do you think would put it towards taking down their credit card debt? I think it would be pretty small. If you give a man a fish, he'll eat for a day. If you teach a man to fish, he'll eat for a lifetime. Capitalism needs people to spend. The government needs people to spend to keep the economy moving. Unfortunately, this means the government will never teach people to save their money. The whole system is a mess, in my opinion, but you can't fix it by throwing money at it.
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Board Economics
Re: Almost 80% of US workers live from paycheck to paycheck. Here's why
by
Joseph_Bennett
on 15/08/2018, 21:24:21 UTC
80% of workers living paycheck to paycheck could partially explain why more consumers haven't bought bitcoin:

The majority of workers are unable to collect sufficient disposable income to invest in crypto currencies.

This could mean that future economic improvment, better job markets and wage hikes could be correlated with a rise in the userbase and crypto holdings. That's assuming that 80% of workers living paycheck to paycheck is preventing many who would like to buy bitcoin from purchasing due to monetary and wage constraints.

Also note this piece while containing good info and a good historical overview was authored by a berekeley economist in liberal california who could be resorting to FUD to mislead people into unfairly blaming Trump for everything.
The article is interesting in terms of the union issues. It seems to be a classic case of corporate greed. They'll pay the least they possible can to their employees. If the government would let them pay less, they would. Luckily, there are few companies, who realize that you can have more success, if you treat your people right, but they seem to be few and far between. I hope people can fight back again in the future.

I think the really probably though is the culture of consumerism. People are living from paycheck to paycheck, no matter what their salary, because 80% of the people around them are doing the same thing. It's normal for some reason. No matter what you make, you can live below your means. That is the key.
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Re: Jobs Disappearing
by
Joseph_Bennett
on 14/08/2018, 16:24:43 UTC
There are already machines in Walmarts buying phones from you and in lot's of fastfoods and other restaurants machines get your order.
Yeah, it will take some time, but I guess eventually they will only have machines taking your order in fast food places. Maybe they'll have one person for multiple machines to make sure nobody has problems. Amazon has made stores now that literally have no cashiers. You just sign up in the app first. You scan your phone when you go in and there are sensors and cameras that detect what you take with you. You just walk out and Amazon automatically bills you for what you took. This is the future. Now they just need to automatically stock the shelves, I guess. Haha.
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Jobs Disappearing
by
Joseph_Bennett
on 13/08/2018, 17:41:10 UTC
I think we're on a brink of "losing" a lot more jobs than we ever did in the past. If you just consider drivers. There are so many jobs that require drivers now. You have couriers, taxi drivers, truck drivers, delivery drivers, ambulance drivers... There are millions of drivers just in the US. I believe that self-driving cars will eventually replace all those jobs. Self-flying planes may even eventually completely replace pilots (I know that commercial pilots already using automated systems most of the time). What other jobs can you see may soon start being replaced by technology? What will we be able to do to make up for these lost jobs?

I'm looking forward to your thoughts.
Post
Topic
Board Politics & Society
Re: A world without Politicians
by
Joseph_Bennett
on 12/08/2018, 13:36:20 UTC
A world without politicians is not too smooth as now. Most of the countries are making progress with their hardworking politicians. No doubt, their image is not true due to corruption but somehow they are necessary for the world and the world without politician is mismanaged.
Could you give some examples of "hardworking politicians" that are actually making their country better. Maybe I'm naive, but it seems like they are definitely a minority. The worst thing is that politics is so often a show. A politician may "open" a new orphanage. The media will come and they'll have a great ceremony and celebrate the event. Everybody will be talking in the media about how great the leader is. In reality, though, he's just putting a band-aid on a huge problem and he didn't even do anything more than put his signature on a piece of paper to give taxpayers' money to the project. That's most countries' politics in a nutshell.
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Topic
Board Politics & Society
Re: A world without Politicians
by
Joseph_Bennett
on 11/08/2018, 20:28:59 UTC
It will be amazing without politicians ,world will became a much better place thats for sure if we change politicans for just well educated simple people that dont wana be part of this elite program and start thinking with own head not just be puppets like most of them are...i partially agree their has to be someone to lets say lead but it can be a group of scientist and highly educated people that works like a group for best interests for their country and people ....only sheep people have this stupid idea that everyone needs a leader no matter how bad it is and one thing i can tell you smart and strong people dont need leader ,their is no perfect leader no hero that will save us all, its like every person need to start with himself ,because if we want healthy and resilient future is not something a hero can create for us. It’s something we can only create together in concert with one another.
You think it would be good if there weren't any politicians, but you want smart people to replace the politicians? Wouldn't the "smart" people that replace the politicians then also be politicians? Even if it's a group of scientists, they would still be leaders, wouldn't they? You say that sheep people think they need a leader, but you just said that we would need somebody to lead. Aren't these thoughts contradicting? It seems like what you're really saying isn't that we need no politicians. You're just saying that we need better politicians.
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Re: Best Laptop for crypto?
by
Joseph_Bennett
on 10/08/2018, 15:33:33 UTC
Mac always
The XPS 13 9360 laptop he's thinking about buying starts at $800 and maxes out at around $1300, I believe. Macs start around $1300, don't they? You could pay almost $3000 on the top end in the US, probably more in some countries. I agree that Macs are king when it comes to the bodies of their laptops. I've haven't seen a Windows laptop with a body as nice as Macs. You haven't to think about what you're getting for your dollar though. I can buy a much more powerful Windows laptop for much cheaper than I would be able to get a Mac, so I still go with Windows.
Post
Topic
Board Bitcoin Discussion
Re: People call bitcoin a fraud or ponzi scheme
by
Joseph_Bennett
on 09/08/2018, 13:02:22 UTC
People that say that most likely have absolutely no idea how cryptocurrencies work. They are probably just echoing what some other uneducated person said. If they had any idea who our traditional money systems work, they would see that they are much worse than Bitcoin could ever be. Central banks just print out money from thin air. Then they hand it out to other banks with interest. There is literally no money to pay back the interest. The only way to pay back the interest is to borrow more money. It's a never-ending circle of ridiculousness.
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Topic
Board Politics & Society
Re: Is p2p Bitcoin lending a good thing?
by
Joseph_Bennett
on 08/08/2018, 10:53:13 UTC
As a basic principle, I'm against debt and lending. Debt is one of the ways that governments and banks enslave the population. However, there are some instances where a loan can be beneficial - starting a new business for example, as long as it is profitable of course. Borrowing Bitcoin is fraught with danger, and lending it is not much better. Both the borrower and lender have to decide if repayment is to be made in Bitcoin or fiat, and extreme price volatility turns this into a major factor.

So why should you borrow Bitcoin? There aren't many businesses that can be funded in Bitcoin, and generate Bitcoin revenue. Those that are able to do so, can probably be funded with a share issue, and this is a safer option for both parties. Another reason is because you believe that Bitcoin will drop in value. You sell the Bitcoin, and repurchase it when the price is lower. The name for a person who does this is "an uncovered bear", and because you are uncovered, you face unlimited potential losses.

Why would you lend Bitcoin if the market is likely to rise or drop? If you are a long term holder of Bitcoin then the price doesn't really matter until you decide to sell. Leaving your Bitcoin on the blockchain does not produce any revenue, and you may want to gain a bit of interest. However, you have to ensure that you will eventually receive repayment. Failure to take reasonable precautions will leave you in the same position as the bankrupt fiat banks.

There is another possibility.  You can place your Bitcoin in a transaction, and use this as a security for a loan, or a service such as escrow. When the security is no longer required, you can reclaim your coins.

My attitude is to leave my coins alone on the blockchain, and not borrow anything. Am I missing some revenue opportunities?
I don't think lending is something you can just do casually. It has be quite an extensive plan. With crypto I feel like it would be so easy to be taken advantage of. How could you have any guarantee that somebody will pay you back? If you're going to borrow or lend, it would probably be best to do that in the most stable currency. That can be a problem though, if you earn money in another currency. If you took out a mortgage in Egypt in USD 5 years ago, you wouldn't be doing so well now. $100,000 was 700,000 Egyptian pounds in 2013. Now it is 1.8 million! If your salary is in pounds, that not a good situation to be in. The same thing can happen with Bitcoins.
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Re: Best Laptop for crypto?
by
Joseph_Bennett
on 07/08/2018, 16:25:51 UTC
What i really mean is I need a laptop for Wallets (staking and MN's(VPS-PuTTY)) and viewing exchanges, keeping live with crypto news

Now I'm looking at :

ASUS VivoBook S15

HP ENVY 15 X360 RYZEN 5 16G 1T+256SSD RADEON Vega 8


Those both look like fine options. As many people have pointed out, you don't need anything extremely powerful. You're not going to be mining on a laptop. You also don't want to be waiting around forever for load times. I recommend getting about 16 GB of RAM and a really nice SSD drive. If you get a Samsung 960 EVO or PRO, for example, you'll really notice the difference. Your computer will be real quick! A desktop computer would be cheaper for more power, of course, but if you need the portability, a laptop is a must.
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Board Meta
Re: Most new accounts do not contribute anything
by
Joseph_Bennett
on 06/08/2018, 20:03:34 UTC
Finding posts that have used text spinners are hard, and its only possible if someone reads the entire mega thread with a shitload of shitposts.  Undecided They are handled only if they are reported.

I find plagiarism easier to deal with that pure one line shitposting

Quote
August 03, 2018, 10:15:06 PM   Re: Why Ethereum is so popular now?   ggh0stt1   Good
August 03, 2018, 10:11:54 PM   Re: Why Ethereum is so popular now?   msadikot53   Good
August 03, 2018, 09:56:19 PM   Re: Why Ethereum is so popular now?   bsetyawan   Good
August 03, 2018, 09:54:31 PM   Re: Why Ethereum is so popular now?   Thekingofgodftu01   Good
August 03, 2018, 09:52:23 PM   Re: Why Ethereum is so popular now?   mudra102   Good
August 03, 2018, 09:50:09 PM   Re: Why Ethereum is so popular now?   agiskasep   Good
August 03, 2018, 09:47:38 PM   Re: Why Ethereum is so popular now?   tantegope00l   Good

Pick a megathread in the altcoin discussion, just search for the matching text on the last 3-4 pages, report 10 or so copy-pasters till you feel you're going to get dumb just from reading that much crap, and then enjoy a beer while refreshing the modlog to see them getting banned Smiley

God...what the hell I'm doing with my life    Huh Grin





Funny that there are no copy/paste posts in this thread yet. No one-words replies either. I am often amazing by some of the replies I see on the forum. Sometimes people are so stupid that they literally copy the reply right about theirs and don't add anything at all. I wonder why people waste there time doing that. I don't really completely understand the benefits of having a higher post count. Even if it's greatly beneficial, it seems like you will just get caught immediately with such ineffective tactics. I agree that we could use some better clean-up measures on here.
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Topic
Board Altcoin Discussion
Re: Do not panic
by
Joseph_Bennett
on 05/08/2018, 14:22:47 UTC
Many people are surprised to see that coin prices continue to decline. But do not panic, one day the price will continue to rise, the most important thing in this business is to be patient, surely you will get a high profit and do not panic or rush
How can you actually be so sure? Some cryptocurrencies do die. What if you give somebody advice to be patient and say and you're wrong? You have to be careful with your advice. Everybody's situation is different any unique. We can't all buy and sell everything at the same time. The important thing is to study what you are doing. Study the market and its tendencies. You can be very successful if you have a simple, well thought out approach and you do your best to avoid emotions.
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Topic
Board Altcoin Discussion
Re: Determination is power
by
Joseph_Bennett
on 04/08/2018, 14:28:03 UTC
I have noticed in crypto currency space that people find it difficult to focus and be determined to succeed in crypto
People tend to forget that millions is not made in a day;

But to be sincere I think when we are determined to make it
Crypto is the home for everyone
I wonder what you mean by "succeed in crypto". Isn't that the same as saying "succeed in dollars"? I think it would be nice to succeed in an currency! I suppose you may be referring to success in investing in cryptocurrencies. It's easy for new people to come with misconceptions. They may have heard that their friend invested a couple years ago and made tens of thousands of dollars. Then they may expect similar results quickly. It probably won't happen quickly, and it might not happen at all. It definitely takes time, study, determination and consistency to get anywhere.
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Board Off-topic
Re: Generation Screwed
by
Joseph_Bennett
on 03/08/2018, 16:30:24 UTC
Our generation does not have the same opportunities as the previous generation; it is difficult not to be concerned about the future and angry about the past. 

It is normal to see more Millennials living with their parents than with roommates. Marriage, having children and buying a house has to be delayed longer than before; according to the seniors, we are the ones to blame along with other things they say like lazy. No matter where you are, it seems this generation has to try harder to achieve less than any generation before. Rent/mortgage could consume half of the income; jobs are unstable if you can find one and probably you are overqualified for it.

In order to have a decent life, we have to live with DEBT, to study we have to take a student loan and probably many of us won’t be able to retire until we are 75. Salaries have declined and entire sectors have disappeared. At the same time, the cost of living has increased. It is clear that there are not enough opportunities for all of us.

Are we the ones to blame? Is the previous generation to blame? Do we have to adapt our lifestyle? Is the government capable to do something?

I don't think it's all so simple as you imagine. Maybe people have pointed out that you seem to have a very americentric view. Many countries have very different situations to the one you described. Overall, I think we are living a lot better than even the previous generation. Advancements in technology are changing the world more quickly than ever. The average life expectancy is increasing almost constantly. If you are having trouble buying real estate or getting a job, maybe you should move. Many places have huge bubbles in real estate prices. For the price you could pay in one place, you may pay 10 times less in another place for the same quality home. You also have to keep in mind that one of the reason there are less jobs is because technology is replacing humans in many jobs.
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Topic
Board Politics & Society
Re: A lot of people seem to hate the US without knowing anything about it
by
Joseph_Bennett
on 02/08/2018, 13:59:54 UTC
Seems the haters are everywhere. People that have never visited the US nor have ever known anything about her except from American television sure have some opinions. One of these days the US will cut itself off from the world and let it fall apart. It has already started

We have been devaluing the dollar, we don’t care because once pulled from the world market it’s value outside the US will be meaningless.

We are almost to the point, another 20 years, where we will supply our own oil.

We grow enough food to feed every man woman and child in this country.

We have started closing military bases overseas.

The writing is on the wall, question is if we did pull from the world stage how much of the world would be civilized 10 years after?
So, you think the US is keeping the world in check, right? If it weren't for the US, everything would be bad in the rest of the world. That sounds like ridiculous propaganda. Who told you the US would cut itself off from the world? The US depends on so many imports that that sounds like a ridiculous idea. I'm sure the world would do just fine without the US sticks it's nose everywhere. I have been to the US. I have spend years there. I don't like it very much and this type of propaganda is the very reason why.
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Topic
Board Politics & Society
Re: A world without Politicians
by
Joseph_Bennett
on 31/07/2018, 10:57:26 UTC
Many people have commented that it's impossible to eliminate politicians because a leadership-follower dynamic emerges within any society, citing the history of tribal warfare up to modern day liberal democracies. While this seems true, it falls victim to the is-ought fallacy. Even if we take it as granted that this is true, that doesn't mean that it ought to be true. Sure, corruption has existed in all societies with leaders who have the capacity to abuse their power, but that doesn't demonstrate how that must necessarily be the case.

For a thought experiment, let's envisage a world without politicians and what that would take. Many other users have supported the idea that 'experts' / 'intellectuals' / 'elites' / people-with-phds should be in charge of the world, presumably because they have access to higher knowledge which allows them to understand the sophisticated dynamics of a complex society and fix them. First, higher intelligence individuals might actually allow people to more efficiently extract rents / exploit / manipulate their subjects, might not have the emotional depth of 'less smart' individuals, or possess the moral fibers necessary for creating a 'just society,' whatever that actually means. Replacing one set of corrupted politicians (which, many people noted, seems to be the natural result of putting people in positions of power, regardless of who they are..) with another set of hyper-intelligent politicians, vulnerable to the same tendencies of evil, seems like a poor choice. --But, all is not lost. The underlying attractiveness to the idea of elite-rule (reminiscent of Plato in his Republic) seems to be in the discrepancy between the 'objective facts' of the world and the 'subjective reality' of a voting populace. Simply, people vote for populist leaders who are so far detached from the objective facts of the scientific world that it boggles the mind -- thus, putting technocrats in charge will fix the problem; they already have solved the problems, the solutions just need to be implemented. Putting aside the question of whether or not that is true -- that technocrats have ready-to-apply solutions to the world's hardest problems -- the real attraction to experts as leaders is that they could, seemingly, create a fair and intelligent society which takes everyone's preferences into account within the context of a concrete - rather than fictional - reality, unswayed by the pleas of the 'reactionary, ignorant' masses. But that doesn't necessarily require people to implement. In fact, in the spirit of this post, people might be in the way. If we could aggregate everyone's preferences in a secure way -- say, their every action was recorded by their phone, laptop, etc and then weighed and crunched alongside everyone else's preference (instead of voting, we 'synched' on a global level), smart contracts and AI could merely implement the required changes to our world to align with global preferences. Perhaps there could be a digital, institutional constitution which prevented egregious abuse / the aggregation of despicable preferences. I'm interested in what people think about this type of approach to replacing politicians? Does it sound appealing?
I've never thought of anything like this. It almost sounds like it could be a Black Mirror episode. You're basically proposing using big data to make political decisions? Computers would just track out actions and correspondence to identify what we would prefer in any given situation and implement it? It seems like it would create this strange feeling that you can't really control anything. It doesn't even give you the illusion of voting. How could this system protect from hacking? How would people doing things like watching pornography affect the system? We have to keep in mind that so much of what people do and think is influenced by media. The media could sway the system.
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Topic
Board Politics & Society
Re: A world without Politicians
by
Joseph_Bennett
on 30/07/2018, 12:16:37 UTC
No.

Even if every single politician disappeared, we would end up with new ones, whether or not our government was elected or appointed by the Great and Powerful Oz. Even small tribes needed people with political skills to keep things working, to encourage folks to get along and to keep from running afoul the neighbors. As societies became more unified, as tribes merged into larger and larger communities until there were nations and empires, the need for leaders with political skills increased.

The problem is not that we have politicians, but that we often expect something of them that they cannot deliver or that we allow ourselves to be duped.
Your comment about small tribes got me thinking. It's totally true that "leaders" always come up in any group. That's one of the reasons that I usually dislike being in groups of 3 or more people my age (I think it's different with children). If anybody has tried traveling with 3 of people people, you know how horrible it can be. It takes forever to make any decisions and there's usually somebody unhappy with the decision. You're always waiting for somebody. The only way that it really works is if somebody takes the leader. Honestly, they have to pay a little bit less attention to what everybody wants and just make decisions, so that something will happen.