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decimation: isn't an income tax a tariff on labor trade?

ben_vulpes: the way i understand it is that company a owns the assets, b leases them which reduces its apparent income. lease payments come into a and are not categorized as passive investment income.

mircea_popescu: decimation wasn't exactly a secret, that.

ben_vulpes: well, corp a buys a machine and leases it to corp b at a "fair value".

decimation: not such a bad business actually

decimation: "“Currently, approximately $1B in production spending can be expected to deliver $500M-$600M in profits,” the letter says. “Through his continued focus on financial discipline, Doug hopes to improve that ratio to a point where $800-$900M in production spending delivers $500-$600M in profits.”"

decimation: well, I guess they were looking for some answers. The answer they got was: you joined a death-cult

mircea_popescu: all i ever heard about that thing was that it was a dreary shithole in the mud

decimation: the other day I got a card in a hand-written envelope that was from a local car dealer

mircea_popescu: where they shot a tv producer and some senator ?

mircea_popescu: apparently everything anyone's doing there anymore is some sort of attempt to create a miniworld or other.

mircea_popescu: wait, there's more to that than just a derpy book from a decade ago ?

decimation: undata: re: Kiyosaki << yeah I had a friend who tried to get me to go to 'rich dad poor dad' stuff. sounded like a scam, is a scam, etc.

cazalla: mircea_popescu, that is about as misleading a statement anyone could make lol

assbot: To Be His Keeper by A.E. van Vogt | Sevagram ... ( http://bit.ly/1z9idwO )

mircea_popescu: adlai the only somewhat amusing / incredible if you're new thing about that entire stellar debacle is that... people still pretend like ripple's a thing.

mircea_popescu: you know babes are a vanishingly small sliver of "women"

mircea_popescu: <ben_vulpes> now it's inanities like the street tax to pave the ghetto. << srsly, paving the ghetto, for as long as it uses forced labour of the inhabitants and very rudimentary tools, and it's done in the middle of the summer, is a splendid idea.

adlai: call a spade a spade!

adlai: tl;dr: ripple/stellar are a centralized exchange which publishes its customer database, and uses a hawala fork for fiat processing

ben_vulpes: once upon a time it was the schools, and there were bonds, and the people paid, and nothing changed.

ben_vulpes: undata: "street tax" << my parents have called portland a "benevolent communist state" for as long as i've lived here. it's only recently started to pass its inflection points letting the impoverished demand more and more.

ben_vulpes: <mats_cd03> ben_vulpes: what do you need that for? << 's a joke

gernika: I was able to collect email addresses via a signup page running an FB campaign at one time. Don't recall the conversion percentage at the moment but at that time at least there were real people clicking.

mircea_popescu: Namworld can you be bothered to run a similar thing for me ? it's been half a year since i last tried them, moar lulz can't hurt.

asciilifeform: punkman: anyone using such a thing deserves what he gets

asciilifeform: (not because there had to be a mechanical defense against it. no mechanical pill against 'buy all the coins and throw into the sea.' but attempting this gambit, given a properly-designed coin, should cost above $maxint.)

mircea_popescu: but the actual choice is between "destroying the long term viability of the coin through introducing precedent - certain to be followed - of converting it overnight into a centrally owned resource" and "destroying the long term viability of the coin through introducing precedent of arbitrarily lost funds"

mircea_popescu: obviously if given the incorrectly statement "choice is obvious". a whole new mode of rational failure the us invented, "begging "the obvious" choice", similar to "begging the question"

Namworld: Eh, $50 for the heck of it and there was actually sales, but I didn't put a tracking link so hard to say. I have to change that immediately.

mircea_popescu: <undata> several generations of Americans at least believe that this is precisely what success looks like: you buy and sell a few houses and your life is on autopilot from then on << in their defense, all generations since the industrial revolution chiefly believed that this is what success looks like : you do a few things and that's that.

mircea_popescu: shockingly, this is in adweek, a wanna-be trade rag.

mircea_popescu: Namworld: uh... Facebook ads system numbers are dodgy <<< welcome to the club ? fb is a scam. this has been said here i dunno how many times, but by pretty much everyone ever involved.

Namworld: uh... Facebook ads system numbers are dodgy... I got a 35% click through rate. What kind of ads get a 35% click through rate? 1 click for 3 impressions.

mircea_popescu: and with that i wish you a merry christmas!

gernika: I agree - a german burrito seemed unappealing just as a concept, let alone as something concrete made out of that run down kitchen, but apparently at the time I thought that was my best option.

mircea_popescu: german burrito ? that's a thought.

gernika: I had a burrito there. It was not a great burrito. The interior was quite drab.

undata: several generations of Americans at least believe that this is precisely what success looks like: you buy and sell a few houses and your life is on autopilot from then on

undata: decimation | really, it's all just an extension of the lowly spammers desire to make money while he sleeps << cheap credit spawned a generation of these

asciilifeform: briefly back to the earlier thread: no one should be surprised if a thing like 'joyent' turns into a vehicle for some imbecile's masturbatory 'justice' fantasies

gernika: There was a constant search for some unexploited google search phrase

gernika: Whatever scheme they came up with inevitably ran out of steam after at most a few years.

asciilifeform: a spammer is ridiculous not because he wishes to make money while sleeping, but because he is willing to work an 18 hour day to do it.

asciilifeform: 'We laugh at that fable about the village of simpletons who, when their bed blankets became too short for their growing kids, extended these blankets by cutting off a piece from one end and sewing it to the other. Or the more modern tale of a drunkard who could afford to drink every day because he always took his empty bottles back for a deposit. And yet many otherwise intelligent people believe, apparently not stopping even f

asciilifeform: mircea_popescu had something written re: imbeciles thinking of 'meta' elevation as a kind of philosopher's stone

decimation: somehow I guess there is a market for selling vms to folks

decimation: asciilifeform perhaps you could follow the fate of solaris as a re-invented platform for oracledb

decimation: and apparently they view the legacy of solaris as a great foundation to host ... server-side javascript

decimation: asciilifeform: https://gigaom.com/2013/11/26/whats-up-with-joyent/ << apparently the are only marginally a business

asciilifeform: no surprise that the scam was a scam; surprising is the fact that it wound down precisely when it did

decimation: asciilifeform: doesn't it feel like a cargo cult around an os that was handed down by betters?

asciilifeform: 'In January, 2012, Joyent secured a new round of funding totalling $85 million from Weather Investment II, Accelero Capital, and Telefónica Digital. In October 2014, Joyent raised an additional $15 million in Series D funding from existing investors.' << and immediately after, 'fuck you' to the 'crowdfunders.'

gernika: The post on bitcoin in Argentina reminds me of Bitcoin in berlin. There was supposed to be some thriving bitcoin scene in Kreuzberg. In fact when I went to visit there was a single crappy cafe with a cheap Bitcoin sign hanging in the window.

decimation: although like BSD, "solaris" is more of a spiritual matter now than a matter of a particular codebase

asciilifeform: solaris was a perfectly-legit unix ☟︎

decimation: SmartOS is a SVR4 open-source hypervisor, based on the UNIX operating system which combines OpenSolaris technology with Linux's KVM virtualization.

decimation: they are trying to be a 'cloud company' with a unique os - SmartOS

undata emits a parse error

decimation: as long as he and his friends have a strong lock on the bezzlars funneled into sv, he is more than willing to throw his 'own tribe' under the bus in order to appear magnanimous

undata: surely they'll pass that in a few years

mircea_popescu: "In a text message, Novick continued that he believes $200 a month means less to people earning $500,000 a year than $12 per month for $50,000 earners."

undata: it's a pussy-off here

undata: were isis dropped in the middle of portland they'd own it in a day

mircea_popescu: decimation but it's the same thing to a dot. "fuck the law, we do what we please". well...

undata: counts as a fetish too in my book.

mircea_popescu: it is a matter of doing the right thing. it's about people, not code.

mircea_popescu: hanging "progressives" is not a matter of law.

gribble: Error: 'cantrill' is not a valid integer.

mircea_popescu: who the shit writes this idiocy. i want a name.

asciilifeform: '...empathy is a core engineering value—and that an engineer that has so little empathy as to not understand why the use of gendered pronouns is a concern almost certainly makes poor technical decisions as well.' << aryan physics is best physics!

decimation: "Joyent raised venture capital for the first time in November 2009[42] from Intel and Dell.[43] Joyent's early institutional investors include El Dorado Ventures, Epic Ventures, Peter Thiel (Seed Round),[44] Intel Capital (Series A, B Rounds),[45] Greycroft Partners (Series A, B Rounds),[46] Liberty Global (Series B Round). In January, 2012, Joyent secured a new round of funding totalling $85 million from Weather Investment II,

asciilifeform: nobody looks at WHAT THEY WERE << nobody but a hatecriminal aha.

mircea_popescu: which is a major problem, because the us nomenklatura is fighting real hard to get "scientific" credetnials.

mircea_popescu: so the guy prevented a politruk from getting his "contributions" count up.

decimation: apparently they kicked the guy off the project because of his refusal to commit a pronoun patch ☟︎

decimation: http://blog.nodejs.org/2013/12/03/bnoordhuis-departure/ << "As of this past weekend, Ben Noordhuis has decided to step away from Node.js and libuv, and is no longer acting as a core committer."

assbot: The Power of a Pronoun - Blog - Joyent ... ( http://bit.ly/1s3DAK7 )

decimation: lol of the day https://www.joyent.com/blog/the-power-of-a-pronoun << One of the node.js core contributors, Ben Noordhuis, rejected a pull request that eliminated the use of a gendered pronoun in libuv.

undata: "One of the consequences of these graph is that if the real name of the sender of a single transaction belonging to the entity is identified, then Satoshi mystery identity will be revealed. I bet that this will happen in the days following this post." < hilarious

jborkl: Wow, the MasterCard video was a disaster

mircea_popescu: asciilifeform a no, this was re your "going to bed" line

decimation: asciilifeform: but apparently they broke a 512-bit rsa cert!

decimation: asciilifeform: it seems to me that the advantages of a real-mode keylog are obvious

undata: the guy looked like a doctor to me!

asciilifeform: 'When victims attempt to connect to the WiFi network, they get a pop-up alert telling them their Adobe Flash player needs an update and offering them a file, digitally signed to make it look authentic, to download. If the victims accept they download, they get a Trojan delivered instead.' << run more winblows, 'high-profile executives,..., government agencies and NGOs and U.S. executives.'

asciilifeform: 'There’s no logical reason to use a kernel-level keylogger says Raiu since it’s so easy to write key loggers that hook the Windows API using about four lines of code. “But these guys prefer to do a kernel-level keylogger, which is about 300 kilobytes in size—the driver for the key logger—which is pretty crazy and very unusual.' << imbeciles

asciilifeform: '“You have to be very skilled in kernel-level development and this is already quite a rare skillset,” says Vitaly Kamluk, principal security researcher at Kaspersky Lab.' << idiots

asciilifeform: 'The key logger the attackers used also has Korean characters inside and appears to have ties to a coder in South Korea.' << lol, let's believe every byte of ascii text in the turd, aha

mircea_popescu: <mats_cd03> i can hear them from here and they're at least a mile away << so they're demonstrating good lungs eh.

assbot: DarkHotel: A Sophisticated New Hacking Attack Targets High-Profile Hotel Guests | WIRED ... ( http://bit.ly/1u1NnjD )

asciilifeform: (in modern parlance - a 'local root')

mats_cd03: i bet 1btc they give up before 7PM so they can pregame for a party tonight

mats_cd03: i can hear them from here and they're at least a mile away

cazalla: there is a video of that happening late last month https://www.youtube.com/watch?v=WiziJBg4Odc would score no points in carmageddon though, held back too much

cazalla: BingoBoingo, "When the woman tried to drive around them, the suspects reportedly pulled out a firearm, so she stopped the car." the fuck? run em down!

mircea_popescu: Delta Kappa Epsilon’s Yale chapter is in its fourth year of a five-year suspension that followed an episode in which pledges paraded through a residential quad chanting, “No means yes; yes means anal.”

cazalla: mircea_popescu, but they came to a consensus so who are we to disagree?

mats_cd03: can't afford to pay to be laughed at by a judge