A British software firm, Threads Software Limited, has given Meta a 30-day ultimatum to cease using the name "Threads" in the UK, citing ownership of the trademark.
For a person making $30,000 a year, a $1,000 fine could mean very significant impacts on their daily life.
For a person making $30,000,000 a year, a $1,000,000 fine may mean they can’t afford an extra Ferrari.
For a person “making” $30,000,000,000 a year, a $1,000,000,000 fine may mean they can’t… Buy another island? You still have $29,000,000,000 that you can do who knows what with. This is the entire GDP of some countries. I also don’t know if this one is a realistic example.
Anyway, proportional is nice, but really you need a progressive system to really match the weight of punishments, as far as impacting your daily life or happiness.
I found this today because I‘m getting old posts for whatever reason but I‘m glad I saw it. Since we‘re used to the „rich people laugh about speeding tickets“ mentality, it’s quite nice to see them stack (like now in the EU) but you made me get why this isnt enough. It needs to be based on impact, not only proportion.
If the fine is not a fixed amount but actually gets more expensive the more money you have it actually is quite nice though
Always enjoy those stories about millionaires paying some big sums for speeding tickets in Switzerland
For a person making $30,000 a year, a $1,000 fine could mean very significant impacts on their daily life.
For a person making $30,000,000 a year, a $1,000,000 fine may mean they can’t afford an extra Ferrari.
For a person “making” $30,000,000,000 a year, a $1,000,000,000 fine may mean they can’t… Buy another island? You still have $29,000,000,000 that you can do who knows what with. This is the entire GDP of some countries. I also don’t know if this one is a realistic example.
Anyway, proportional is nice, but really you need a progressive system to really match the weight of punishments, as far as impacting your daily life or happiness.
Trouble is governments generally won’t vote in something like that cos their mates too often are those rich people or donors to their party.
Unless you get some really wild folk who give zero shits but they normally don’t end up in power for long.
Guess the fines need to climb exponetially, then
I found this today because I‘m getting old posts for whatever reason but I‘m glad I saw it. Since we‘re used to the „rich people laugh about speeding tickets“ mentality, it’s quite nice to see them stack (like now in the EU) but you made me get why this isnt enough. It needs to be based on impact, not only proportion.