log☇︎
165800+ entries in 0.102s
asciilifeform: in this light, doing anything whatsoever other than 'hodling' is raw deal.
mircea_popescu: iirc we bought them when dollar was 10x.
mircea_popescu: mircea_popescu amusingly has. nsa made the worst deal in history by you know, buying parts and then trying to sell them as a result.
asciilifeform: mircea_popescu is welcome to convince'em that a btc is worth 100x the units it presently buys. i'll clap.
mircea_popescu: it is very much not how they think, but it is how they speak.
asciilifeform: it is how the raw material suppliers think. i, working with hands, am not at liberty to get on the atomic dirigible of dreams and think entirely differently.
mircea_popescu: the little nigerian girl dreaming of a flying pony, barefoot under the banana tree may well be denominated in fucking pula for all it matters.
mircea_popescu: only cuz that's how you think.
mircea_popescu: and you further know i'm right because you're welcome to "buy" the 3 ring binder they have, not the computer you want.
mircea_popescu: and you know i'm right, because soviet distributed goods in the exact same manner, and ppl... didn't "pay" units of nothing for them. and this had no impact whatsoever.
asciilifeform: ( for historical reasons, but they will take a while to go away, reichsmarks circulated in the late '40s still )
mircea_popescu: describing the masturbation of units of nothing as "buying something" is a stretch.
mircea_popescu: if i promise you a talking donkey and a cunt on your forehead in 2020, and you don't get them, this means i confiscated a talking donkey and a forehead cunt ?
mircea_popescu: asciilifeform nothing was confiscated because there was nothing THEY HAD!
mircea_popescu: the whole "inca promise is liquidated when made and therefore when not kept it is confiscation not scamming" is pretty lulzy.
mircea_popescu: what is this, being blonde ?
mircea_popescu: your idea is very feminine, you know, "i met this crook, and he told me ia cu mustar mimisor ca face bine la ten and that he'll marry me. so i imagined myself practically married. and then he didn't marry me. so he confiscated my marriedness!"
asciilifeform: the gold bar that inca can't take off your corpse, is called btc
mircea_popescu: i am telling!
asciilifeform: tell that to the folx (e.g. the soldiers paid the iraq bonus, that was retro-cancelled recently) with the 0'd bank accts, marched from 'their' house under guard, etc
asciilifeform: the gurlz are neither here nor there, may just as easily say that 'they were formerly in agreement to be 1.5metres tall, then agreed to be 1.8'
mircea_popescu: we shall here call the ideology at time t "inca" and at t' "tmsr".
mircea_popescu: at time t (=9th grade) all girls in "community" found themselves in agreement sucking cock is gross. at time t' (=12 grade) all girls in "community" found themselves in agreement only peasant girls don't suck the cock.
asciilifeform: inca is very much a thing -- same thing as the nazi guard who keeps 5000 penned in with schmeisser with just 100 rounds in it
mircea_popescu: let's consider the following lived experience :
mircea_popescu: ah then that's the core of the dispute.
mircea_popescu: you understand that "inca" is not a thing, yes ?
asciilifeform: let there be 0.
asciilifeform: what's to go on ? i dun see how more wealth (regardless how and where distributed) being in inca-confiscateable form, vs. less, could be a win
a111: Logged on 2017-06-29 17:32 BingoBoingo: http://www.jameslafond.com/article.php?id=8142 << "Her attorney informed us this morning, that although the deed is being assigned to my sister, my brother and I, that if my mother requires nursing home care through Medicare at any point over the next five years, that the Feds will take the house to pay the bills. "
mircea_popescu: i dun even recal wtf tupw is
asciilifeform: recall the thread that spawned TUPW ?
mircea_popescu: i don't believe this view to be factually supported.
asciilifeform: as it presently stands, their usd and whatever negotiables, go to inca, just as surely as the mains current goes back into socket
mircea_popescu: you imagine this is how it fucking works ?!
mircea_popescu: the limit to the capital outflows is not the "individual" decisions of the incans lmao.
asciilifeform: i wasn't even speaking of ~saving~ them, lol. but of the notion that their usd piles could end up in btc market rather than going back to inca so he can pantsuitate.
mircea_popescu: there never was. let them take the tsar's portrait to their grave and that'll be an end to that.
mircea_popescu: there's no saving the arbitrarily old.
diana_coman: my understanding is that asciilifeform talks basically of those who are too old to keep up, pretty much
mircea_popescu: there's no way out of this. there will NEVER be such a thing as respectable poverty. it's called slavery, and the poor that aren't slaves are in open rebellion against god, nature, and everything good right and proper.
mircea_popescu: let them learn teh brass tacks.
asciilifeform: there's plenty. they're 50+y.o. d00dz ~without exception.
mircea_popescu: asciilifeform this is not an argument. so the surgeon you speak of is either inexistent or too dumb for his own good. what of it ?
asciilifeform: i dun see the 'opening of code' here
diana_coman: asciilifeform, the sane-but-humble folx you speak of simply ask nicely and humbly someone who knows better and gather around those rather than "being pushed away"
mircea_popescu: you understand this ? "opening" code so that blackchixcode can "contribute" "their" ideas is not improving the code. it's actually introducing a cost, of the magnitude of running a free buffett for crack whores.
asciilifeform: i dun see this universal. consider (they exist) a skilled surgeon, willing to work 'off the books' for btc but he HASN'T the 20yrs to get off winblowz.
mircea_popescu: asciilifeform because their labour is worthj a negative sum of money.
mircea_popescu: if they wish to cease being scum, let them get off windows or w/e.
mircea_popescu: moreover, your model veers dangerously close to "sane but poor". there is no such thing as "respectable poor". the poor are scum. substantially.
asciilifeform: i dun see the win in the inca getting whatever remains of their labour
mircea_popescu: consider the sad case of djb to see the great win of NOT wasting your resources.
mircea_popescu: asciilifeform the win is that we don't support them.
mircea_popescu: what matters is whether there's one lord or ten assassinating usg drones etc. not random joe blow. not AT ALL.
asciilifeform: as it is it is the sane-but-humble folx ( who understand that their winblowz box does not make a reasonable btctron, but haven't 20yrs to live life again to make something else ) who are pushed away. i dun see the win.
mircea_popescu: the dollar at sub bitcent per thousand or per trillion has nothing to do with what the idiots do or what happens to the idiots.
mircea_popescu: the notion that the price of btc / the fall of constantinople / etc hjave anything to do with this is so much lulz.
asciilifeform: is this a case of 'we have packaged the defective transistors separately!' ?
mircea_popescu: sorry mehmet throughout
mircea_popescu: would you propose a transition from alt-mehmed to mehmed would improve the soldiery quality of the turkish janissary ?
mircea_popescu: consider the case of mehmed and alt-mehmed. now, mehmed has the historically accurate cannons which 4% of the time blow up and kill some servants. whereas alt-murat has the imaginary alt-cannons which still 4% of the time blow up naturally, and also include a "blow up" button, which, if depressed, 4% of the time blows up in the same way.
asciilifeform: let the idiots do what they are good at -- being meat
asciilifeform: if that means a 500k-usd btc, what's the problem ?
mircea_popescu: asciilifeform less-losable btc does not float all boats, in the exact manner public school literacy doesn't float all boats ; or "Everyone learns lisp" floats all boats.
mircea_popescu: some are born to endless night, and just as many today as ever.
mircea_popescu: not that part is in contention. but that this has NEVER changed, nor ever will.
mircea_popescu: 1817 sicilians still did it as in 817 and 183 bc. traditional society, which means, they don't change THE FORMS of the stupidity. still dumb as rocks.
mircea_popescu: they exist for the above stated reason. you understand that before they had pantsuits, they had little figurines they dressed up and promenaded around town ?
mircea_popescu: nothing will kill the various goxes.
asciilifeform: and at the very least help to kill the various goxes, which thrive on 'i have 100k $usd to buy btc, but not the 500k to keep team of nonwinblowz experts around to refrigerate the btc'
diana_coman: just nothing to do with curing anyone in itself, that's all
mircea_popescu is entirely not against doing, but better to do with reasonable expectations.
mircea_popescu: nothing will cure stupidity but the grave.
asciilifeform: getting the pb out of the water won't, naturally, wholly cure stupidity. but still worth doing.
mircea_popescu: but there is no education of the human race generally, nor any benefit in trying.
mircea_popescu: yes, sane wallet would be useful as part of baleen system to extract not-retarded individual somehow unaware/lost among the retards.
diana_coman: asciilifeform, fwiw I have yet to see even 1 single person cured of their stupidity by the existence of sanity in the world
asciilifeform: sane wallet would go some way to curing this condition.
mircea_popescu: as per the ancient "i sold my shares once the soubrette i was fucking on the side started talking shares with the bootblack"
asciilifeform: one of the fuels of welfarism is the 0 experience typical d00d has with money-that-dun-evaporate-by-itself
mircea_popescu: so no, poor people not owing any money is not a problem. it is in fact the fundamental guarantee ~REQUIRED~ by any sound financial system, much like atmosphere is required for auricular function.
mircea_popescu: it's basicalyl a blind seeking of hillaries, they herd as a behaviou searching the environment space for a pantsuit to "lead them" into welfare statism.
mircea_popescu: asciilifeform the retard does not ever do that. what the retard does is herd.
mircea_popescu: not ~ONLY~ everyone thought 1 means 2, but the same "everyone" thought i'm "arrogant" or w/e, "psychopath" for saying things like "you are not qualified"
asciilifeform: as i see it, redditus buying ( or better, TUPW-ing ) some btc and then throwing his key into /dev/null, is ~also~ a productive-use-of-bitcoin
mircea_popescu: asciilifeform well, you might not see how anyone might think, but then again you'll be stuck explaining 2012 tardstalk.
mircea_popescu: whereas retard braions leak, because that's the definition of retard, and then mpoe-pr has to pen psas about "hey, retards, you being qualified for 1 and thinking you're qualified for 2 threatens the very fucking market"
asciilifeform: i dun see how anyone might think that it would
mircea_popescu: these are all different things. yes the mental bar for 1 should plateau eventually ; but this does not qualify the qualified to 2 or 3 or 4.
mircea_popescu: but there's different bars to 1. hold bitcoin ; 2. productively employ bitcoin ; 3. productively work on bitcoin code ; 4. participate in tmsr.
asciilifeform: as i see it, saner tools lead to more http://trilema.com/2017/the-universal-plan-for-wealth - ing, and faster death for enemy
mircea_popescu: asciilifeform what the retard "thinks" is of no consequence in any way.
mircea_popescu: because at age 6 the difference between you and average had unfolded to a term of x, whereas in a further four years it had unfolded to a further y, x ^ n as it may be.
asciilifeform: well yes. but how does it help ~us~ that redditus things 'i'd buy some btc but it'll evaporate off my box anyway because no sane wallet'
mircea_popescu: consider how the republic works, it's the same thing : at some point in tmsr history, nubbins could qualify to participate. at some later point, adlai couldn't manage to pass the bar.
mircea_popescu: as things go on, the quality ratchets, and lo and behold : bioscum that was still functional by yest's criteria is no longer apt today.
mircea_popescu: at stage n, when bitcoin exists, curtis yarvin is too stupid to understand why it's much bigger than him ; and the mental efforts of marginal retard are just about comensurate with the sub dollar value of a coin.
mircea_popescu: asciilifeform think about it along the lines of http://trilema.com/2015/lets-address-some-of-the-more-common-pseudo-arguments-raised-by-the-very-stupid-people-that-like-the-gavin-scamcoin-proposal/#selection-47.0-47.101
asciilifeform would like to see expansion of http://btcbase.org/log/2017-08-18#1699949 when mircea_popescu has moar time an' juice ☝︎