193200+ entries in 0.05s
mircea_popescu: in any consumer driven market, the price is the only signal of everything. and you do not give as much as a faint whiff of selling the 1k item for ~20 bux. not ever.
mircea_popescu: chumpatronics is its own science, with its own measures scl, you can't just replace them for gonzo values
mircea_popescu: asciilifeform: << mircea_popescu appears to have slept through the total obliteration of whatever 'premium' status ipNohe had. << it's in the price, see ?
☟︎ mircea_popescu: this has nothing to do with wealth (in fact it decreases more in wealthy systems than in poorer ones)
mircea_popescu: anyway : yes as adoption grows (the real kind, not verbal), the average size of the unspent will decrease.
mircea_popescu: because that introduces a border and borders must be policed which costs EVEN MORE money
mircea_popescu: the choice is to either make it microscopic or dilute it with base metal
mircea_popescu: once the empire grows, the size of the coin has to diminish
mircea_popescu: if money were still linked to gold, seeing how there's not that much gold around, you'd be dealing in sub-miligram units.
mircea_popescu: i refer you to your classical history studies. why do you suppose the atom count of gold per monetary item kept decreasing ?
mircea_popescu: and the next day after i start making obscure chinese statements on trilema you run off from home to live in xiang-fuck or some shit
mircea_popescu: but now i write in english and people who know russian read and wtf amd i gonna do.
mircea_popescu: you know alfie, back when i was writing for romanians in romanian it was easy
mircea_popescu: i suspect the deep driver there is "idiots" vs "enemies"
mircea_popescu: so listen ascii_field is it true sexpr were mostly copied from regexp ?
mircea_popescu: PinkPosixPXE i'm fine now! weren't you going to do a dc at some point ? :D
mircea_popescu: (who the fuck told those women to wear overknee skirts, srsly now)
mircea_popescu: "11. Don't know a thing? No worries you are not alone, but that shouldn't stop you from blogging as it doesn't stop others, you can still make money just by blogging on topics that are interesting"
mircea_popescu: if you're working a boring dayjob and need that fantasy to get out of bed in the morning.
mircea_popescu: phf yeah, they exist like buenos aires night life exists.
mircea_popescu: how can these people be that retarded srsly ? dump random txn ? that's the plan ?
mircea_popescu: phf you know they supposedly have those torture hotels in tokyo
mircea_popescu: and if he just sat on the silver or w/e it was... but no matter.
mircea_popescu: "I listed my castle for sale. If I manage to flip now, even at a slight fiat loss, I would have gained 3x the bitcoins in a year. Decent trade, huh?"
mircea_popescu: just, not really as a hotel. pretty decent setting for a remake of diabolique tho
mircea_popescu: honestly i think the decrepit reality looks muchg better than the mcmanshion candy-cane photochop
mircea_popescu: as soon as they are ready, the reservation system and Bitcoin integration should be ready also.
mircea_popescu: how many of these throwaway items have we seen so far.
mircea_popescu: Deloitte to audit to BitEx.la Bitcoin exchange, the first of its kind in Argentina and possibly in the world for a market of Bitcoin << except a) it doesn't actually exist and b) all of the fucking nopes already, wtf.
mircea_popescu: would have been so fucking hard to submit and obey in 2013, rly.
mircea_popescu: the boat's still missed. but i gotta say it's fucking hysterical to obvserve the US as a society behaves collectively exactly like every ustard individually. haughty pretense at first, desperate flailing once it's too late.
mircea_popescu: Blythe Masters says US lags in blockchain use (ft.com) / Over $60 million in funding raised for bitcoin companies this week alone. / bla bla << "To sum up : what we have so far are a few millions invested in hopeless start-ups that have no talent, no business model, aren't solving a problem and generally speaking don't exist other than as a tag on an orange calling it a potato." /
http://trilema.com/2013/the-future-of- ☟︎ mircea_popescu: except no, gavin's scamcoin is not bitcoin, and no, vice is not news.
mircea_popescu: "Great Job, Everyone! Bitcoiners are DDoSing Bitcoin (motherboard.vice.com)"
mircea_popescu: so the list of places where obama can still show up consists of... fort meade ?
mircea_popescu can't readily figure out which of the two is more ridiculous.