165000+ entries in 1.187s
assbot: Logged on 05-05-2015 14:24:26; mircea_popescu: "The Liberlanden goverment seems to have
a lot of plans for the future. Paraduin appears to have no plans. Why clutch the control of
a nation which you have no intrest in?" << wtf is with these retarded children. they're comparing their reality on the grounds of the extension of their hopes and dreams now ?
mod6: there are
a bunch of scripts in /etc/init.d
mod6 is not
a linux ninja
mod6: So when it asked me, I picked
a keypair that I already had in use. just expected it to let me use that... but guess not.
jurov:
a script called cloud-init runs on startup and does it
ben_vulpes: besides that was
a *different* *uninteresting* block of rhetoric *upstream* of the shit i was interested in
mod6: the good news is, I got my gentoo-stage3 to boot without
a kernel panic. the bad news seems to be that i can't seem to login... something went sideways with the pubkey auth
ben_vulpes: <mircea_popescu> [15:05] course school doesn't do that anymore, they just take the tuition, so now business is stuck doing primitive on-job training like it were 1700 all of
a sudden. << jesus tell me about it
mircea_popescu: "It's pretty easy to have blocks of arbitrary size with no commercial disadvantage to miners-- and doesn't require fancy relay protocols; just all use
a single large pool and
a mining protocol like stratum that conceals whats being mined from the miners. The more data/cpu required to synchronize state, the more advantage there is in centralizing the function."
mircea_popescu: gotta love gavin's move from his blog to this thing where there's no comments. clearly, the man has
a lot of support o.O
mircea_popescu: hey power-rangers : nothing changes because it's
a year away. if you put this in now, i will STILL attack your pathetic shit once you diverge from bitcoin, and i will still sink it. and you will probably try to pull
a "nobody could have foreseen", except in your case, like in the case of the bfl scammers, i have the record pre-made, it's right here.
mircea_popescu: why, on the grounds that "it's
a year away so nobody can think about that" ?
davout: "We are years away from
a time when we can confidently tell
a wallet developer “use this solution to give your users very-high-volume, very-low-cost, very-low-minimum-payment instant transactions.”" <<< someone show them to
a mysql howto or something
ben_vulpes: <mircea_popescu> and i thought i was retarded. << mind you, the feat being performed is sort of one of profound retardation from the ground up, so the guy's up against
a pretty epic tower of abstractions
ben_vulpes: asciilifeform: how did you find that in bitcoind?
a derpy grep through the 0.5.3 source doesn't show iconv anywhere.
☟︎ ben_vulpes: asciilifeform: "iconv" << is this another one of those "lol u tried to make
a static bin sucker" traps?
ben_vulpes enjoys
a brief moment of respite to catch up on logs
cazalla: if i post
a qntra link, it's duplicated seconds later, but if i don't.. nothing!
mircea_popescu: course school doesn't do that anymore, they just take the tuition, so now business is stuck doing primitive on-job training like it were 1700 all of
a sudden.
mircea_popescu: now maybe you live in the magical land over the rainbow where people making 75-150k
a year with an accountancy degree under their belt somehow actually come up with strategies and organise departments and whatnot. in practice, you'll get
a whole lotta copy/paste, shannonization of varous recycled material (what they got from "books" / overheard at conferences etc) and so on.
mircea_popescu: Pierre_Rochard what i've seen in practice is
a lot of "industry standards" and "nobody could have predicted", neither of which do
a cfo make.
mircea_popescu: at which point hte poison suddenly runs out, and now you have
a critical reactor and not enough time to moderate it (because those rods take time to move, being mechanical in nature).
mircea_popescu:
a very dangerous situation can develop in practice (especially in "manually operated" reactors) where the core is well poisoned, which makes it look like it is working way way under 1, which prompts the techs to remove the moderator further.
mircea_popescu: in order for the nuclear reaction to be
a nuclear explosion, the average nucleons hit / nucleons broken must be >1. in order for it to be
a nuclear reactor (the civillian kind) it must be exactly 1. but exactly. if it goes below 1 the reaction extinguishes, so most reactors are run as
a 0.999 - 1 oscillation, practically.
mircea_popescu: so, nuclear reactions happen
a lot like dating : whenever
a nucleon breaks up, it spits out some accelerated particles. either these hit another nucleon and start another reaction or they don't.
mircea_popescu: pete_dushenski well then pull
a chair and let old man me tell you
a story!
Pierre_Rochard: my background does color my view, but
a competent cfo isn’t one who’s great at tax avoidance (that’s why you hire…. tax accountants!) or cooking the books. (1)
A competent cfo is one who build
a great financial planning and analysis team and uses them well - to inform the CEO’s strategy and constraints under which the business operates. (2)
A competent cfo also builds
a great internal audit team to maintain
mircea_popescu: the conflict here being that you like accountancy and imagine that "being an accountant" is
a part of one's identity, and i used to like being
a cfo back when i was still available to hire, and i had
a very strict "accountant ne ultra crepidam" then, too.
mircea_popescu: depends for whom. yes, for middle aged fatty married to middle aged fatty they aren't. which is why he calling her
a "porn star" is dubious in the first place.
mircea_popescu: in no case can random corp that's NOT
a private bank actually afford
a cfo. (who no, is not an accountant, and who yes costs more than
a good ceo - which again isn't "i'm the boss")
mircea_popescu: having
a cfo is like having an afterburner. for your car.
Pierre_Rochard: oversight is the definition of management.
A board’s governance is over the officers of the company in practice
mircea_popescu: unless you're out and out making tax avoidance and marginal financial scams
a part of your business model (hence my "are you
a private bank" question), in which case yes the cfo is in fact
a chief of
a department and needs to come up with planning for the board etc,
mircea_popescu: i get it, everyone wants to pretend and pretense is expensive so everyone agrees to pretend in
a cheaper, mutually recognised way
Pierre_Rochard: mircea_popescu: there’s been generalized inflation of “C” positions, but if you’re going to glorify someone, may as well be the financial steward of the company. He’s
a key part of governance and oversight. Or at least, that’s been my experience
mircea_popescu: i'm having
a lol at "greyscale" having made essentially the same tired out bitcoin scam.
mircea_popescu:
a business couldn't conceivably operate for long without the cleanning lady, either, but that doesn't mean she's not staff.
Pierre_Rochard: seriously? I’ve only worked in handful of businesses, but I can’t imagine them operating for long without
a CFO
mircea_popescu: "you and sara aren't nearly as much
a thing as me and sara, because I even draw weird pictures of her in my fictional dungeon doing really slave-y shit!!1"
mircea_popescu: "The Liberlanden goverment seems to have
a lot of plans for the future. Paraduin appears to have no plans. Why clutch the control of
a nation which you have no intrest in?" << wtf is with these retarded children. they're comparing their reality on the grounds of the extension of their hopes and dreams now ?
☟︎ pete_dushenski: mircea_popescu jurov give me two mins and i'll have
a little qntra piece on it
mircea_popescu: cargo cultism at its most base. "well we don't have
a mechanic, but all the toolboxes are here and open just like he would have had them, were he here"
mircea_popescu: accountant's
a tool. can only shine in the hands of providential management.
decimation: mircea_popescu: the idea that an accountant is the guy who should be planning your business is
a little silly
cazalla: AU slashed interest rates to 2.0%, lowest on record, gotta juice the housing market
a bit more i guess
assbot: Logged on 05-05-2015 02:46:43; livegnik: trinque: We plan to break-even within (max)
a year or 3.
mircea_popescu: the thought of your average joe when confronted with
a vacuum is never "holy shit ima make SUCH
A fucking earthquake here..."
decimation: then they realized that they occupied
a massive vacuum left by sun and old purveyors of unix to usg
mircea_popescu: heck, at some point graham was
a very respectable lisp hacker, and buffett
a supremely wise capital allocator.
mircea_popescu: (but i do recall
a kid who, whenever asked what he aims to become in lyf, would answer "pensioneer")
mircea_popescu: "everyone can drive
a car" results sooner or later in the "nobody could have foreseen that curve" soccer mom and old person automotive club
mircea_popescu: because gravatar, which is
a subsidiary of automattic, which exists in order to shit on the internet.
mircea_popescu: im going through ~100/s, fished out
a few dozen already.
mircea_popescu: oh i recall this identi.fi thing being discussed at some point cuz anduck was in it. maybe
a year ago ?
assbot: Logged on 05-05-2015 02:22:45; livegnik: danielpbarron: The main difference between Bitcoin-OTC and Identifi, if I understand correctly, is that the Bitcoin-OTC WoT acts as
a WoT-for-all, whereas with Identifi each identity has it's own WoT, and there's no 'general' score.
decimation: I was watching
a bbc show about indian frontier railways
a few weeks ago
mircea_popescu: there was
a great pic of
a loaded train yest, where was it
assbot: Logged on 05-05-2015 01:46:40; livegnik: Yesterday I've written an extensive comment on Ian Grigg's article about ID issues, especially in combination with the blockchain. It's quite the read, but I think it'll be worth your time, if you want to get
a more in-depth view of Identifi:
mircea_popescu: asciilifeform you think just erryone gets to be
a pet ?
decimation: you don't even have to be
a missionary for your shit cleaning
mircea_popescu: you don't have to pay anyone for leads that way, don't have to commute to work... with
a little luck can do
a dozen numbers and make more than the manager makes per month
mircea_popescu: afaik sirius had been working at
a web-ish sort of wot for ages now.
decimation: it's almost like these guys are
a broken record
decimation: some guy made
a web 2.0 version of nanotube's wot, thinks he is gonna make money
mircea_popescu: asciilifeform speaking of penalties and actual deterrence : it's as you may know rauchen verboten here. so i pull out
a cigarillo and head to
a table where three girlies are derping (at starbucks). ask for
a light. they... all have it.
mircea_popescu: the sad truth is that "quantitative easing" essentially ends up as
a real estate bubble.
mircea_popescu: "Salaries and bonuses and stock grants may be jumping higher in our current boom cycle, but
a lot of it is recaptured in real estate." heh
mircea_popescu:
A car is pretty much
a requirement in the suburbs. Even without accounting for car payments, gas and insurance and tolls will eat up $200-300 per month easily. << i thought tesla is free!
decimation: I think
a small flat goes for 0.5-1 mil
mircea_popescu: "Let’s assume we want
a $1.0M, below-median house in Redwood City. You’d have to start by coming up with ~$220k in savings for the down payment + closing costs, and then take out
a mortgage for the remaining $800k"
assbot: Logged on 23-03-2015 22:08:54; assbot: Logged on 23-03-2015 15:07:09; Adlai: this is
a good point... even if each wot rating is signed, this can be
a false friend - what if you're not looking at the latest version of the ratings? if only we had some way of achieving trust-minimized consensus...