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>always write one statement per line as a matter of convention
>still need to put a semicolon at the end of the line
>it's 2012 and everyone has baby duck syndrome about a shitty hack meant to help parsers from the 1960s

The only reason why it's not a full stop is the latter easily confused with the decimal point.

Statement terminators are there for a reason: to let you know when the end is. People naturally ignore newlines because it is normal to simply continue reading onto the next line once reaching the end of the previous line. Having something visible to delimit individual statements makes things clearer.