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Cogito Ergo Sum
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Samsung pays Apple $1b in .05 Coins!
Lawsuit Paid In Full: Samsung pays Apple $1 Billion sending 30 trucks full of 5 cent coins |
BHAHAHA!!! |
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Cogito Ergo Sum
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Scratch that!!! Damn idiots reporting jokes as news....
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Get off my lawn!
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I would be astonished if there were 1 billion worth of nickles available in circulation to pull that off.
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Glen 49 Year member of the Porsche Club of America 1985 911 Carrera; 2017 Macan 1986 El Camino with Fuel Injected 350 Crate Engine My Motto: I will never be too old to have a happy childhood! |
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Registered
Join Date: Jul 2008
Location: OK
Posts: 12,730
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dude! Lol..
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76' 911s Signature Edition |
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The Unsettler
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That's 20 x's more nickels than are in circulation.
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"I want my two dollars" "Goodbye and thanks for the fish" "Proud Member and Supporter of the YWL" "Brandon Won" |
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Bill is Dead.
Join Date: Jul 2005
Location: Alaska.
Posts: 9,633
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That's like over 220 million pounds of nickles!
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-.-. .- ... .... ..-. .-.. -.-- . .-. The souls of the righteous are in the hand of God, and no torment will ever touch them. |
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The Unsettler
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"I want my two dollars" "Goodbye and thanks for the fish" "Proud Member and Supporter of the YWL" "Brandon Won" |
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Edministrator
Join Date: Aug 2003
Location: SF east bay
Posts: 24,824
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I'm getting 110,231 tons.
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Band.
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The problem with stories on the internet is that few people read past the headline or care to find check if they're true.
- Alexis de Toqueville
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1983 SC Coupe 1963 BMW R60/2 1972 Triumph Tiger 1995 Triumph Daytona SuperIII |
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Registered
Join Date: Aug 2009
Location: PNW
Posts: 2,977
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I'd be surprised if Samsung ever pays Apple at all, regardless of what the courts rule.
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'84 Carrera Cabriolet |
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Edministrator
Join Date: Aug 2003
Location: SF east bay
Posts: 24,824
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They'll be lucky to get one red cent.
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Registered
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The man was wise before his time.
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Edministrator
Join Date: Aug 2003
Location: SF east bay
Posts: 24,824
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Wiser than Al Gore.
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Get off my lawn!
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I wonder how many nickles are in active circulation.
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Glen 49 Year member of the Porsche Club of America 1985 911 Carrera; 2017 Macan 1986 El Camino with Fuel Injected 350 Crate Engine My Motto: I will never be too old to have a happy childhood! |
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Registered
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I was thinking the dime is the lowest legal tender (one doesn't have to accept pennies & nickles for payment).
Jim
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down to jap bikes that run and a dead Norton |
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Bill is Dead.
Join Date: Jul 2005
Location: Alaska.
Posts: 9,633
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There's 20 nickels to the dollar, so I come up with 20,000,000,000 nickels.
At 5 grams each, that's 100 billion grams = 220,462,442 pounds A 2006 article claims that there are approximately 20bn nickels in circulation, so the Apple payment would require every US nickel in the world. Since I have 3 in my pocket, Samsung will be short of the total. I have seen other sources that claim there are as many as 25bn nickles in circulation. More: http://www.theguardian.com/technology/blog/2012/aug/29/apple-samsung-trucks-nickels-fake
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-.-. .- ... .... ..-. .-.. -.-- . .-. The souls of the righteous are in the hand of God, and no torment will ever touch them. |
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Bill is Dead.
Join Date: Jul 2005
Location: Alaska.
Posts: 9,633
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From the link I posted:
There is no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise.
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-.-. .- ... .... ..-. .-.. -.-- . .-. The souls of the righteous are in the hand of God, and no torment will ever touch them. |
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Get off my lawn!
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From your link:
It would take 2,755 18-wheeler trucks (max legal tare 80,000 lbs) to carry the money. Now I wonder what it would cost to hire 2,755 18 wheel trucks to haul 80,000 lbs each.
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Glen 49 Year member of the Porsche Club of America 1985 911 Carrera; 2017 Macan 1986 El Camino with Fuel Injected 350 Crate Engine My Motto: I will never be too old to have a happy childhood! |
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Cogito Ergo Sum
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Depends on how far they gotta haul it? Anywhere from a few hundred to a few thousand
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canna change law physics
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20,000,000,000 * 5 grams = 100,000,000,000 gram = 100,000,000 Kg
= 100,000 metric tons An 18 Wheeler can carry ~20 metric tons --> 5,000 trucks We usually pay ~$1000-1200 per 500 miles
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James The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994) Red-beard for President, 2020 |
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