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mircea_popescu: military commanders are very keenly aware of this spin factor of "money" which they call resources.
mircea_popescu: "that's nice... but if there were any gasoline those billiards could buy, we'd have requisitioned it already, so..."
mircea_popescu: imagine as he sat in the bunker listening to the first artillery bombardments audible from berlin, hitler got a wire from bundesbank that the venusians just deposited 11 billiards marks in the eternal reich's account.
mircea_popescu: which goes right back to the issue : they have -2 currency, it's not realised. and it has a long way to go to +2.
mircea_popescu: this is then a systematic reason, which a certain sort of esl anthropologist would call "cultural", but which can be readily brought back to money : because the only dollars they have can be used to pay rents, but they don't have the kind of bill that pays for engineers.
mircea_popescu: "because that is the nature of the beast", evidently. still..
mircea_popescu: to some degree because some tasks are so idiotic the sane people wouldn't accept them for all the money in the workd. but then why do the tasks have to be that idiotic ?
mircea_popescu: but really, they... couldn't ? obviously, in point of fact they didn't, and the assumption that didn't because couldn't is sound, but nevertheless, you can actually hire competent engineers.
mircea_popescu: asciilifeform it's a complicated point that you bring. just how equal are the 7 77 and 777 ? consider - for all their money, rando "tech start-up" couldn't afford an engineer that didn't suck to do their w/e, database, sysadmining, w/e.
mircea_popescu: currently all this +/- cycling is pretty harmful to the containment vessels.
mircea_popescu: it fundamentally changes the role of money, in many ways, but i suspect this may be the most notable.
mircea_popescu: and in these terms, a very simple explanation of why the republic is indefeatable is very simply forthcoming : given two users a and b who, through division of labour, have expertise in fields f1 and f2, the empire path for a to access f2 or for b to access f1 is to take some money all the way from -3 to 3 TWICE. whereas the republican model simply has a talk to b, on the mediation of a gossipd/wot
mircea_popescu: see the discussion re the expensive girl, where was it
mircea_popescu: this is because you lack expertise, which always comes embodied in cunts, which you acquired through your connections, which you built on your food.
mircea_popescu: you could buy lsd just fine, you just dun want to. but w/e, argument is rescuable replacing the lsd for nuke firing assemblages or w/e.
mircea_popescu: company's 50 bux can not buy a democrat posters, your 50 bux can, but they can't buy you a goat in afghanistan.
mircea_popescu: yes but i was discussing degrees on one side of 0 and you seem to be discussing degrees on the other side. let's build a reconciled continuum : speculative gains (-3) -booking-> profits (-2) -realizing-> corporate cash (-1) -donation,salary,etc-> cash(0) -relations-> food (1) -connections-> cunt (2) -expertise-> plutonium (3)
mircea_popescu: obviously it depends what you mean by "actual". if you mean nude object, then sure, any dollars that made their way to venus may be appreciated aesthetically by the venusians, and therefore they weren't really intrinsically chumpatronic. but in the system as it is, defined historically and therefore enclosed, it can be said the zil-buying ability is a paritcular property of rubles q rubles.
mircea_popescu: PeterL wouldn't he just move over to the next station for prolly more money ?
mircea_popescu: (incidentally - the "sterilizing gate" view is a perfectly fine way to look at bitcoin prices. normal usd-land profits need to shed about half to two thirds before they can enter the economic circuit without blowing things up (too badly) ; meanwhile bitcoin has to expand NO LESS than 700x.)
mircea_popescu: it's more intricate than this, but should suffice to show that not all dollars are equally vaporous.
mircea_popescu: meanwhile dollars as speculation... have to be booked as profits! before they can be realised. that's two degrees.
mircea_popescu: meanwhile dollars as profits... can't be spent. they gotta be "realized" first ; which is a sterilizing gate (the sterilisation is called taxation for no sane reason, it's not a tax)
mircea_popescu: trivial to show there's degrees of chumpatronic-ness of "money". take dollars as cash : they can be spent (while supplies last), they're basically equivalent to one of those coupons.
mircea_popescu: asciilifeform the sort that moves the vax etc is by far the most chumpatronic.
mircea_popescu: he;s got a thing about why "we" "need" universal basic income too , complete with tedtalk-esque blockletters and whatnot.
mircea_popescu: of course, most of this "money" isn't much more substantial than the imaginary fortunes of adolescents cycling through their fantasy business career after fapping and pre falling asleep.
☟︎☟︎ mircea_popescu: PeterL pretty sure that's accurate. lotta money gotta move if trump is in charge.
mircea_popescu: recall the "where are the rembrandts then" argument ? the us fails to produce a philosopher worth the mention every other decade ; athens managed that much on 1/1000th the population.
☟︎ mircea_popescu: what clothes the whores wear that year dun really enter in this discussion. point being reals vs "humanities".
mircea_popescu: (for one thing in that it is variant - next time i might tell the same anecdote an entirely different way)
mircea_popescu: whereas english speaking world on the contrary, is still a reimplementation (5th ?) of the "angevin empire", ie that ridoinculous construction of the house of plantagenet, kings in england, dukes of normandy and aquitanie, counts of anjou etc etc.
mircea_popescu: (ie, soviets saw themselves as a national state, not as a mongrel empire. consequently population must be produced, can't be imported. consequently, all women must marry and bear 2.x children. consequently etc all the way down)
mircea_popescu: this mostly worked that way because anticonceptional issues.
mircea_popescu: dumb orcs had a very feudal system of allocating the cunt - whereby the pretty ones would be married off and then used by the guy's bosses.
mircea_popescu: the problem there starts with the fact that human brain has fixed single attention span.
mircea_popescu: which in the end is just another statement of that ancient observation that "our" modern democracy is cancer.
mircea_popescu: if there's free flow of tech, then his only incentive is to optimize for max whoredom.
mircea_popescu: if the only way to get an ipad were to be on the list approved by bill, then bill'd have a direct incentive to fill u-of-m with physics dudes.
mircea_popescu: there's a reason medieval empires always included sumptuary laws, which prevented the margins from benefitting from the discoveries/technologies. yes this has a cost in terms of aggregate productivity, BUT that cost can, and in practice usually is, offset by the benefit in political structuring.
mircea_popescu: so filling the field with "social science" tards is very reasonable, in that logic.
mircea_popescu: the per-hooker value to bill is quantifiable, 20 bux or whatever ; and then this splits up into per-social-scientist benefit of whatever, fiddy cents. meanwhile the per-discovery value to bill is unquantifiable, and if quantified usually comes to ~0.
☟︎ mircea_popescu: the logic is judicious from the pov of socialist empire : the marginal utility of stem is actually nil, because whatever rocket they invent the russkis will steal and the chinese will make cheaper anyway ; whereas the marginal utility of
http://btcbase.org/log/2016-11-05#1563151 is manifest : however many are needed to brew a head of fucktoys required by bill de blasio to forget the monkey at home.
☝︎ mircea_popescu: that's not much reason. it is a cause, obviously, but that's a different story.
mircea_popescu: it's altogether unclear the "social" "sciences" actually have reason to hold a chair at all. and this includes ALL of them : physchology, economy, what have you.
mircea_popescu: then again, they mostly don't, just as soon as stole enough to take off they take off.
mircea_popescu: it's a motley crew, some are deeply inept, like say the journowhore ("new york elite"!!!) woman that got kicked out. it's a wonder why the few and far between competent ones accept to sit at that table.
mircea_popescu: it doesn't, but then again what did they ever do that actually made their lives better ?
mircea_popescu: i suppose the point here is that it's insanely hard for system men to come to terms with the realisation that the system is doing more harm than good. after all if they believed that they wouldn't be in it in the first place. so they're bound, by the insane logic that castrates them,. to also believe that proclaiming clinton innocent actually helps her.
mircea_popescu: lmao right. those who do would have already voted anyway.
mircea_popescu: the fact that she was absolved makes more of a case against her than if they just let it lie.
mircea_popescu: nobody who thinks she's guilty changed his mind thereby ; nobody who thought the system is corrupt changed his mind thereby. what exactly does it deliver ?
mircea_popescu: aha. i have nfi why they thought this is a +ev move, but whatever.
mircea_popescu: the age for that is late 40s to early 60s, not fucking 70+.
mircea_popescu: i wouldn't hire a 70yo sales manager, why the fuck would i tolerate a 70yo politician ? go home.
☟︎ mircea_popescu: go the fuck home, raise some grandkids, work a garden. there's such a thing as retirement. for a fucking reason.
mircea_popescu: this is ridiculous, what the fuck is a 70yo gonna do ? lead ? what, the bathroom beeline ?
mircea_popescu: in other news, roflmao at the ustards. "newt gingrich is positioning himself to benefit from trump". what the everloving fuck, the dude is 70. meanwhile at the democrat side, "oh, once clinton wins elizabeth warren should say she'll run against her in 2020 if she's not bold and progressive enough". nigga, what the fuck, warren, other than being a total ditz, was born 1949. she will be seventy by 2020.
mircea_popescu: upon re-read, this is almost interesting - the problem is the single sentence "The official fix was merged yesterday into the linux kernel, and so I can know talk freely about it.", which could in principle be reinterpreted to read his intended meaning into it. otherwise he's actually very proper in expression.
mircea_popescu: this "i can't fucking read" problem is getting worse ;/
mircea_popescu: right. why they don't use the actual words that exist for the purpose of describing the situation, "it's a kernel module", even should it be qualified with "ubiquitous" or whatever i haven't the slightest idea.
mircea_popescu: so then it's not actually in the kernel, unless by "the kernel" you mean "this binary blob maker of firewire hardware provides"
mircea_popescu: he means like optional module you gotta rebuild the kernel to get yes ?