mircea_popescu: check it out! i found what vc's are trying to live off today! a ~150 year old corpse!

mircea_popescu: this day—and when she projects a new surprise, the grave world smiles as usual, and says "Well, that is California all over."

mircea_popescu: It was a splendid population—for all the slow, sleepy, sluggish-brained sloths staid at home—you never find that sort of people among pioneers—you cannot build pioneers out of that sort of material. It was that population that gave to California a name for getting up astounding enterprises and rushing them through with a magnificent dash and daring and a recklessness of cost or consequences, which she bears unto

mircea_popescu: h and energy, and royally endowed with every attribute that goes to make up a peerless and magnificent manhood—the very pick and choice of the world's glorious ones. No women, no children, no gray and stooping veterans,—none but erect, bright-eyed, quick-moving, strong-handed young giants—the strangest population, the finest population, the most gallant host that ever trooped down the startled solitudes of an unp

mircea_popescu: It was a driving, vigorous, restless population in those days. It was a curious population. It was the only population of the kind that the world has ever seen gathered together, and it is not likely that the world will ever see its like again. For observe, it was an assemblage of two hundred thousand young men—not simpering, dainty, kid-gloved weaklings, but stalwart, muscular, dauntless young braves, brimful of pus

mircea_popescu: kakobrekla: cadchf -40% in 1h total ponzy. << well... that's a point there, canada totally is a ponzi scheme.

mircea_popescu: Matt O'Brien is a reporter for Wonkblog covering economic affairs. He was previously a senior associate editor at The Atlantic. He is also an idiot soon to be permanently unemployed.

mircea_popescu: now, irl the cow's not spherical nor does it live in a vacuum, but hey.

mircea_popescu: consider my alt economy where the currency is teeth. every person can be guaranteed a job as selftooth extractor, paying 30 teeth over their lifetime.

mircea_popescu: ben_vulpes i fail to see how a guaranteed payment would be inflationary but a guaranteed job not << depends on the definition of guaranteed job. guaranteed payments are always inflationary - that's the very definition of inflation : payment without a counterprestation. jobs however can be guaranteed in such a way that prestation is at the same time guaranteed, at least theoretically.

mircea_popescu: cazalla: pretty lulzy if true << not as much a matter of true as a matter of holy shit, that trial will be a coin toss. http://log.bitcoin-assets.com/?date=14-01-2015#976369 still curtious on that point. ☝︎

mircea_popescu: not bad for a dead man.

mircea_popescu: "our plan to drive adoption is twofold : first, make a lot of people off themselves. their thus orphaned offspring, will, necessarily, be adopted. we will endeavour to drive as many as possible, but some might have to walk."

mircea_popescu: lol. "o, there's a problem ? let's ignore it maybe it goes away".

mircea_popescu: yeah, libertador was under a foot of water coupla days ago

mircea_popescu: so you're really after the political statement that it is a business owner's own right and privilege to educate whatever he sees fit, and the intermeddling of some "state" is at best unwelcome ?

mircea_popescu: i have no idea what you imagine the point of a company is if not educate its workers.

mircea_popescu: talk to davout iirc he was looking to start a farm.

mircea_popescu: check it out! kako's golf used to be a horse.

mircea_popescu: —yet could not scrape up cash enough to buy a saddle, and was obliged to borrow one or ride bareback. He said if fortune were to give him another sixty-thousand-dollar horse it would ruin him."

mircea_popescu: "An individual who owned twenty feet in the Ophir mine before its great riches were revealed to men, traded it for a horse, and a very sorry looking brute he was, too. A year or so afterward, when Ophir stock went up to $3,000 a foot, this man, who had not a cent, used to say he was the most startling example of magnificence and misery the world had ever seen—because he was able to ride a sixty-thousand-dollar horse

mircea_popescu: ""I've never seen such a drop in one go, it's huge. People will probably be buying euros, but also dollars and other currencies," said one UBS teller, after selling euros to a Russian client."

mircea_popescu: SNB Chairman Thomas Jordan denied at a news conference that the move amounted to a "panic reaction", saying the cap had been scrapped because it was unsustainable. "If you decide to exit such a policy, you have to take the markets by surprise," Jordan said. << quite.

mircea_popescu: gtfo, you're a municipal council. stick to peeling chewinggum off the sidewalk and debating what uniform to put the parking meter chicks in.

mircea_popescu: ivreally wish people were a LOT more open with the problems they have. if there's one time to be all over this place, it's then.

mircea_popescu: ty for that made my head spin for a minute

mircea_popescu: gabriel_laddel: I may have missed it in the logs, but is someone explicitly working on an assbot with gribble functionality or are we going to wait for wotnet / gossipd? << kakobrekla has been, for a while now

mircea_popescu: gabriel_laddel: note however, the /average/ number of classes a year is 14. << i expect it's just a shortcut to pay them better.

mircea_popescu: a jury of honest, intelligent men who had not heard of the case they were called to try—but in our day of telegraphs and newspapers his plan compels us to swear in juries composed of fools and rascals, because the system rigidly excludes honest men and men of brains."

mircea_popescu: mebbe it has a crash on oyu.