190500+ entries in 0.065s
mircea_popescu: meanwhile, in that same vein : there's no neo-nazi alive today or since the war invented, that would be fit to be stalin's boot sole in neonazism.
mircea_popescu: well let's not exaggerate, but, i'd say "there's no way to draw a definition of patron that excludes stalin and still makes any sort of sense".
mircea_popescu: phf how was stalin (or ceausescu, for whom i have documentary evidence) not a patron ?
mircea_popescu: (i have never seen a toilet in the arab world, be it poor as fuck rural or not, that didn't have a water jet for your ass.)
mircea_popescu: (this neatly puts the "all art is activism" thingee in its proper terms, too.)
mircea_popescu: the behaviour of the stupid in all fields being by definition about the stupid, not contaminated by the fields.
mircea_popescu: in which sense dadaism is merely behaviour. ie, of the stupid.
mircea_popescu: no more wealthy people, no more art as a possibility, is the proposition.
mircea_popescu: " was precisely funny as long as a wealthy patron was laughing"
mircea_popescu: the nigger words are magic words which you shouldn't say unless you're prepared to not be invited for dinner.
mircea_popescu: too bad they couldn't afford fiddy cents to find out that "no, don't do that"
mircea_popescu: good that they paid vin cerf or whoever for a sports endorsement
mircea_popescu: but there's something structural at work to do with the meaning of money.
mircea_popescu: i confess however that the WHY is nebulous to me at this time, and the how come not much better.
mircea_popescu: the bitch is, this particular space has so far offered and in general promises to offer in the indefinite future tools to feed the little biches their own crows.
mircea_popescu: so yes asciilifeform i would say your understanding is broadly correct
mircea_popescu: "Government sponsored enterprises enter the business, in due course bad behavior is made mandatory, and the evil financial network is bigger than the honest financial network, with the result that even though everyone knows what is happening, people continue to use the paper issued by the evil financial network, because of network effects - the big, main issuers, are the issuers you use if you want to do business."
mircea_popescu: (obviously the actual thing won'd do any sort of useful verification, but for academic arguments' sake)
mircea_popescu: what's leftover out of these deals to actually do thinks is very much reminiscent of what's left of a drone's salary to buy smokes.
mircea_popescu: contrary to how the book might read, it's not watson or wilson or w/e his name is that's begging.
mircea_popescu: this is not a deal in which k is valuing x at y. it is a deal in which X!!! is valuing k at y.
mircea_popescu: "In the deal, Hooli would invest $200 million for equity while in return the two companies would enter into a business development agreement on the side in which Pied Piper guarantees to spend that money in a massive consumer campaign on Hooli’s ad platform."
mircea_popescu: would you stop already ? have you read the vc article ? what "half of that".
mircea_popescu: only indie schmucks deliver things. actually listed companies, be they s.nsa or 21co don't lower themselves to that!
mircea_popescu: i'd pay money for that if i had kids in the 9-15 range.
mircea_popescu: the ultimate puzzle of course being how to flash the damned thing.
mircea_popescu: actually, im mildly surprised at this very retarded approach. the correct way to do this would be - have intentionately crippled miner. to decripple, kid has to solve puzzles.
mircea_popescu: "say doc... why is my boy not breaking all his shit like all the other boys ?!"
mircea_popescu: if anything survives five seasons the kid should be taken to doctor.
mircea_popescu: anyway, you'll know if this is their "killer ap" by xmas advertising.
mircea_popescu: besides, that $450 mud bike thery want is just gonna produce hospital bills.
mircea_popescu: there is some appeal to giving a kid a goose that lays a dollar egg each day.
mircea_popescu: this is more in line with what i had in my head. intel ran numbers came out with 0.0001 not 0.001
mircea_popescu: also quietly discarded. like this will be, in a few years.
mircea_popescu: asciilifeform you have to understand, the 21 thing is merely a remake of an ancient attempt by the coinbase/foundation scammers. it was called "coinlab".
mircea_popescu: looky here : vc wants "adoption", and "adoption" means basically trying to hot topic all over something.
mircea_popescu: how about the neobee "brick and mortar stores" ? could you see a reason for those to exist ?
mircea_popescu: iirc they had some sort of graphical interface bs. there was demand for that in industrial circles quite legitimately
mircea_popescu: asciilifeform it was acquired by greylock and atlantic, who, according to him, fucked it all up.
mircea_popescu: the facts of the matter are that it had a positive cash flow and no investment.
mircea_popescu: actually, his own description of arsdigita differs with your estimation.
mircea_popescu: now it's a fucking laughingstock, like declaring it hard to lose money by playing scratch loittery.
mircea_popescu: asciilifeform when greenspun wrote that, he wasn't entirely wrong. yet.
mircea_popescu: i wanna meet the guy that DIDNT loise money paying mit-educated anythings 50-85k a year to do whatever they did. which whatever may not include "being acquired" or other purely bezzlematic shenanigans.