log☇︎
166500+ entries in 0.112s
mircea_popescu: in the sense that it doesn't buy a si fab or what ?
mircea_popescu: jurov well company sells shares, until it puts them to some use it holds on to them. what else can you do ?
mircea_popescu: eh, trade'll slowly unwind.
mircea_popescu: from experience, few beat that strategy yet.
mircea_popescu: and im not sure what is a more productive use of bitcoin than holding on to it, but ymmv.
mircea_popescu: admittedly yet vague and far from very usable.
mircea_popescu: well as described in monthly letters, all sorts of things
mircea_popescu: jurov why is either of these not productive ?
mircea_popescu: plane's going down.
mircea_popescu: so ?
mircea_popescu: and i've yet to meet anyone in an airplane crash who was ready to fly.
mircea_popescu: and maybe there's a 3.
mircea_popescu: inept whining to the degree that "people might, and how do we know they won't" and etc are not germane. that's why there's the wot and fore that matter when's the last time you ate soup with a turd in it ?
mircea_popescu: 2. decentralized world, and powers of varying magnitudes coexisting productively is an ~ecological~ problem. of exactly the nature of "don't shit in the soup bowl".
mircea_popescu: anyway, to get back to things : 1. a thriving middle class means very strictly, ruined-usg-everything as well as scandalously oppressed orcs. this is what it means, this is what'll happen because middle class is not negotiable.
mircea_popescu: BingoBoingo lol was it all plaintive ?
mircea_popescu: i gather'd.
mircea_popescu: ascii_shmoocon i'm pretty firmly dedicated to having spectacular sex with any and all mps. why kill each other ?!
mircea_popescu: i see 50`0000.00008888 ?
mircea_popescu: but hey, if you have some way to speed up alfie i'm all ears :D
mircea_popescu: ascii_shmoocon da fuck, i only killed idiots to date.
mircea_popescu: jurov if you want now, the offer is -11%. if you want +10%, you'll have to wait and see.
mircea_popescu: !up christophe
mircea_popescu: other than, of course, "easier to be lazy and there's welfare anyway".
mircea_popescu: ascii_shmoocon i do not see why not.
mircea_popescu: this has nothing to do with me.
mircea_popescu: jurov yes well, generallty the way investing works is that you can either fix the margin or the timescale.
mircea_popescu: ;;google yosefk.com "computers you can't program"
mircea_popescu: jurov there's whatever, 50k at 10 under par and 200k more at 50%. how much did you sell or what exactly are you discussing here ? where's your sell bids at ?
mircea_popescu: perhaps not.
mircea_popescu: the degree computing "science" degraded, a woman's a much better model for a computer than any sort of nonsense that sterile homosexual turing came up with !!11
mircea_popescu: !s cunt perl
mircea_popescu: phhh.
mircea_popescu: and use them happily.
mircea_popescu: what of it ? i still own them.
mircea_popescu: this "made" bs. every woman i eve rfucked was made by a woman i wouldn't have fucked.
mircea_popescu: next you're going to say love is a fantasy, and so is liberty, and then ima say knowledge is a fantasy and you'll what, agree ?
mircea_popescu: psshhhh
mircea_popescu: i dun see it, honestly, but hey.
mircea_popescu: in that sense i suppose.
mircea_popescu: for one thing i'm a fucking minority partner in that venture!
mircea_popescu: how's that make me the owner ?!
mircea_popescu: for one thing, i've been spending so much effort trying to prevent exactly that sort of thing it's nigh on taxing friendship.
mircea_popescu: how teh f do you depend on me ?!
mircea_popescu: jurov dependency is a miserable strategy.
mircea_popescu: say "nigger".
mircea_popescu: arrest a judge.
mircea_popescu: wire ten dollars to isis.
mircea_popescu: replace the courtiers with march lords ftw.
mircea_popescu: they're ~= to the french "nobles" at versailles. circus act.
mircea_popescu: ascii_shmoocon no, because none of them can actually do anything.
mircea_popescu: where you can get 1% of the world's wealth in a room, but if you want 10% you need a small city. etc
mircea_popescu: you get something closer to a linear distribution.
mircea_popescu: instead of today's arrangement where you can fit the nominal owners of the world in a fucking room, whereas every fucktard worth ~0 out there derps about how "black lives matter" as if obviously his did,
mircea_popescu: not in the slightest.
mircea_popescu: humiliating all the "world saving" derps is into proper uranium mines is the other half.
mircea_popescu: the two go hand in hand. selling obama's daughters at public auction where gaddafi's palace used to stand is just half the story.
mircea_popescu: and the path to flattening it is ruining the "wealthy" and trampling the "people".
mircea_popescu: it must be flattened, is what i said before.
mircea_popescu: currently the wealth curve is very zipf-skewed, which is a serious problem.
mircea_popescu: review the discussion of buffett's fraudulent pretenses as to "the low tax".
mircea_popescu: the 15k don't currently exist.
mircea_popescu: !up ascii_shmoocon
mircea_popescu: when a butt-ugly wench that should be thankful if she ever gets laid for free imagines herself above what kim kardashian / the very peak of her profession actually make, it's indisputable the self-valuation ran amok. ☟︎
mircea_popescu: a) not looking like that. b) we can't really discuss absolute numbers seriously. there's no basis. i was just illustrating proportions.
mircea_popescu: the one valuing her ugly ass at $5`000.00
mircea_popescu: for my curiosity, how much do you figure that chick was worth ?
mircea_popescu: "oh, i got better opportunities elsewhere" "working on fixing tyhat" "i'd rather sit on reddit than work for a fair rate NO MATTER WHAT" "i guess we put a reddit lcd on your tombstone then". ☟︎
mircea_popescu: how DID you think price formation works ?
mircea_popescu: quite.
mircea_popescu: as if that's what decides things or w/e.
mircea_popescu: i dunno, random "washing silicone" reference for no discernible reason.
mircea_popescu: so good for them, pay them well.
mircea_popescu: but yes, the chinese gurlz prove they can, and do just fine. and so do the mill girls of 19th century, for that matter.
mircea_popescu: have some faith in humanity.
mircea_popescu: jurov no, the shitheads now on reddit, soon to make 10 cents an hour will do it.
mircea_popescu: note that the average cpu/capita value of the world in general is sub .5, whereas in your house is over 10
mircea_popescu: nonsense. between selling 8mn crapples to 15mn cows and selling 1.5mn actual computers to 15k actual people, the latter prevails.
mircea_popescu: and note that you're basing your mind on an idiotic "1 person = 1 computer" view.
mircea_popescu: nothing "inherent" exists in this world.
mircea_popescu: some fields somewhat survived a decade or so after world chumpification.
mircea_popescu: the only thing the FIFTY years of chump did was take a shit on everything else.
mircea_popescu: like hell.
mircea_popescu: guess whether the 15k or the 15mn model promotes this view.
mircea_popescu: and i don't give a shit how many cardanos get sold. what interests me is for them to be good.
mircea_popescu: jurov uh hardly, i don';t. he does. like newton did.
mircea_popescu: that'll be 15k alfie!
mircea_popescu: !up ascii_shmoocon
mircea_popescu: let's not voice him :D
mircea_popescu: not relevantly so. newton's laboratory had fixed costs, just like alf's laboratory does. guess who pays those fixed costs ?
mircea_popescu: the only difference i can see (that with selected 15k you can actually communicate, whereas the 15mn you can only herd, which is why copywriting instead of literature, pr instead of logic etc) argues against your position.
mircea_popescu: or moreover : what do you think is structurally differfent between 15k and 15mn ?
mircea_popescu: why not ?
mircea_popescu: no explicitly shared priors. what do we agree on ?
mircea_popescu: yeh.
mircea_popescu: i dunno why you think the world is chump-backed. it ain't. usg is, sure, but whatevs. ☟︎
mircea_popescu: hah this is exactly not how it works.
mircea_popescu: heck, maybe they won't. in which case they prolly have a good reason.
mircea_popescu: but they won't pay it for a car because... reasons.
mircea_popescu: so they'd pay for ice scuplutrs enogh to buy the same weight in poor mill girls,