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mircea_popescu: asciilifeform i'm not doing more shit for free in this context ; not only because it is outrageous for the recipients of charity to direct the disbursement of charity, but most of all because the end result of a world kept clean, warm and humming along on charity is a disproportionate feeling of power in the idle denizens, who then end up running into "steel walls".
mircea_popescu: these are deeper issues that what can be addressed in plain conversation, i'm sure.
mircea_popescu: and on the other hand, the lulzy "a man that doesn't believe in allah can't possibly not go on a murdering rampage" deeply held if ridiculous, and certainly unexamined belief of egyptian peasants, except translated in time and space to you know, "one in a position of authority is necessarily both bad and responsible!"
mircea_popescu: to do this heavy lifting as long as they are given just the right facts, filtered from the noise."
mircea_popescu: "They consider themselves leaderless. They can have representatives, they can have "evangelists" but they have to believe that their conclusions are all their own, through individual reflection and objective consideration. Interestingly, and on purpose, they believe their brains can handle such an analysis, any analysis. This isn't arrogance. They are told, by universities and the media, that their mind is prepared
mircea_popescu: well, we're many layers above that, however. in this rarefied atmosphere which, however frustrating, is still many miles above the peasants with their fuckgoat, we meet the twin dragon of, on one hand,
mircea_popescu: it's the historical and to my eyes first sense of mean / meanness.
mircea_popescu: asciilifeform you familiar with the saying "can take girl out of the trailer park, but not the trailer park out of the girl" ? that, except for boys.
mircea_popescu: judge is going to rule "hey, mp must continue to spend liberally to try and build a thing out of nothing - BUT THIS TIME WE DECIDE HOW MUCH AND ON WHAT!!1" thus turning tmsr into the 51 state ?
mircea_popescu: phf exactly how is this "not comply" going to work ? cuz i dun follow really.
mircea_popescu: yes, in a different life had you grown to be a jew and went into commercial law rather than kaballah, you would have done fine.
mircea_popescu: asciilifeform i do not think you have sufficient brain. business is business, there's nothing "technical point of view" about it.
mircea_popescu: jurov i said, at the time, that i can't in good conscience allow people to vote largesse out of mpex. plox, read the thing you're talking about.
mircea_popescu: asciilifeform it is, like anything else, a voluntary position.
mircea_popescu: mp did follow it, but jurov is none to bothered with things like logic, or not outright lying, when there's something the monkey on his back WANTS!!1
mircea_popescu: this usually attracts talkers, if they be any good, at least. exactly the same way it worked for satoshi, and exactly the same way it always seems to work out, a little later you look around and there's all this democracy and "consumers have come to expect" and general bullshit imported, which you don't even rightly feel able to explain whence it came.
mircea_popescu: there's a bunch of people who, however poor may they be irl, are still not driven by the poverty so to speak.
☟︎☟︎ mircea_popescu: i was here before you, phf , doing exactly the same thing. so count the whole list thx.
mircea_popescu: this new learning amuses me, go protect the earth from earthquakes with banana peels or whatever it is you do for great glory.
mircea_popescu: and this is mp's fault, because unlike everyone else he at least you know, try to run the daycare for half a decade ?
mircea_popescu:
http://log.bitcoin-assets.com/?date=14-03-2016#1432210 << so basically we have a community full of people who confuse "voice of sanity" and "people on tilt" liberally, and by and large is willing to "discuss" everything from this arm's length position of "whatever, as long as we're spending other people's money here's what we think", but by and large can't do anything AT ALL ?
☝︎ mircea_popescu: if you ever throw a party somewhere that isn't in a swamp i wanna come.
mircea_popescu: you don't, however, have a manner to walk out of this WITH bitbet, no matter what discussions may pass. it does not belong to you, irrespective what you may think.
mircea_popescu: well yeah, creditors generally. it can't just go, "hey, shareholder's interest is they get all moneyz so there. problem solved."
mircea_popescu: ben_vulpes> i will be astonished if bitbet actually goes into receivership. >> and i will be astonished if one day you get off ass, actually do something. but then again, that's our respective problem.
☟︎ mircea_popescu: i guess either we see a bunch of more games where this theory is tested, or else the great achievement goes into storage to keep the d-wave company.
mircea_popescu: " This firm grasp of sex and gender allowed Kasich to authoritatively heap praise on the legions of women who left their kitchens to help his campaign (archived)."
mircea_popescu: old links still work, main page tho is borkt. mebbe it comes back.
mircea_popescu: punkman> would that 100btc have to come out of bet money? << what 100 btc ?
mircea_popescu: of both kinds, i guess. with any luck, balance shifts slowly to the left as time goes on.
mircea_popescu: xm2hi> yeah, and about the ecosystem that Mircea has created. impressive records. << - >> ascii_field> << there will be maxint of these now won't there.
mircea_popescu: but yes, by and large there's a lot of discretionary room for receiver.
mircea_popescu: a "bitbet is in receivership, send no more bets" thing, give it a week or w/e. i doubt the receiver would have to wait out any ongoing bets, can prolly just refund if the reasonable resolution is too far away in the future.
mircea_popescu: pete_dushenski> mircea_popescu: does the bbet receiver have the authority to determine the cut-off date for acceptable wager resolutions and to refund any bets submitted but deemed "too far away" for the receiver to reasonably hold the funds in escrow ? or is this line in the sand to be drawn by you and kakobrekla ? << in general this'd be the receiver's authority. a reasonable path is you know, get the domain, put up
mircea_popescu: <ascii_field> was that the one where operator turned out to be << yes, with the reserve these ex post facto "turned out to be" things deserve.
mircea_popescu: ascii_field> anyone else here read the lee sedol games? << i've looked through.
☟︎ mircea_popescu: there's been if memory serves exactly one case of delisted company on these grounds, bvps.
☟︎ mircea_popescu: well, it gotta produce monthly statements. currently we can't do that. mpex wasn't historically very strict with this, but it certainly won't last forever.
mircea_popescu: iirc he did one of the very few clean closedowns in the space
mircea_popescu: i don't specifically care. as long as the person seems competent... hey.
mircea_popescu: ben_vulpes i was thinking, interviews. think senate hearings for appointees.
mircea_popescu: even if somehow all the ducks got lined up, it needs some publicity.
mircea_popescu: when a venture goes into receivership a person is named (usually by the courts) to receive all the assets, and register all the claims against it. then decide which claims are valiud, and how much they're getting.
mircea_popescu: ascii_field well no, you know how this sort of thing works ?
mircea_popescu: i'd really ask folk in b-a with busienss experience to seriously consider doing this. a clean close-down of a bitcoin venture would be truly an absolute first.
mircea_popescu: but let's not talk of things being moot and sad stuff like that. instead : bitbet isn't actually missing any bettor funds, the whole receiver thing could be done in a week.
mircea_popescu: well what the fuck, i'm not leaving this in my will fee tail.
mircea_popescu: pete_dushenski the way start-ups usually work is that they look good, but if forcibly deflated midstride it's tears all around.
mircea_popescu: and the other is that very little actual value exists in serving this market.
mircea_popescu: and all sorts of costs that the fiat system eats, are not here eaten by anything.
mircea_popescu: hence my comment about fragility. there are two main threads here that would-be bitcoin entrepreneurs must heed quite closely. one is that - your expense structure is not either a) in your own control or b) specificable. for as long as your business model involves bitcoin as it currently exists, you're doing the economic equivalent of linking remote dlls.
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