207500+ entries in 0.072s
mircea_popescu: at some point four utter dorks riding around in a car go "imagine, guys like us. we could be owning this place in a week!"
mircea_popescu: but the thing is so bad, ill conceived, mishapen and plain out lame as you couldn't believe.
mircea_popescu: speaking of which, i watched a great film recently. "knockaround guys". it has some great names in it (malkovich has by now taken his obsession with 'voice training' to the point he has a serious speech impediment, his mental issues with voice remind one of angelina jolie and secondary sexual characteristics)
mircea_popescu: it's gonna be up and down as i play with this nonsense block.
mircea_popescu: looky, distributed doesn't mean geographically dispersed.
mircea_popescu: because there's going toi be a single box yottabyte processor.
mircea_popescu: otherwise, not even the us supreme court rules without a case.
mircea_popescu: if his strange does not suck, you can keep talking about its strangeness all you want.
mircea_popescu: satoshi could pop up, propose some arbitrary strange, and have everyone (everyone that matters, ie, with money!) presented with the dilemma : do they buy up the stash ? or do they move on to the strange ?
mircea_popescu: decimation i mean the original, end of 2014/2015 dispute, about "herp derp we'll raise the block limit"
mircea_popescu: in the end, it reduces to "does he have the intellectual authority to bluff". well... do you have the intellectual authority to call it ?
mircea_popescu: <ascii_field> but this brings us back to the question of whether mr s has ~intellectual authority~ << intellectual authority is a very simple thing in capitalism. see it at work in how the "blockchain size increase" was tranched : once someone says "this is how much it costs", the derps willing to talk were separated from the people willing to pay.
mircea_popescu: (plenty of fish being the 5th or so dating site sold in a decade, which "Dating site" is the twelfth or so wheel on the social media band wagon)
mircea_popescu: in any case, as a fun tidbit : the 2010 tesla ipo, first us carmaker ipo since ww2, came to half the recently reported plenty of fish sale
mircea_popescu: the alternative was also unpalatable tho. you don't want to engage in a bidding war with the dying gm/ford thing for their lasty remaining shred of relevancy
mircea_popescu: in retrospect, his going to war with the dealers sunk his car business.
mircea_popescu: that's exactly detroit electric volume touched up for the intervening century.
mircea_popescu: anyway, yes they produce cars, and the model s sold a whopping... 75k units
mircea_popescu: never actually supported anyone worth a squat and is now ~broke
mircea_popescu: romania has a bunch of these "intreprinzatori de carton", ie, cardboard entrepreneurs. one notable case (currently in jail) got to keep ~2bn worth of romanian govt money in 1989, on condition of supporting his friends.
mircea_popescu: some earthworms find incredible caches of forgotten artefacts. doth not qualify them as archeologists.
mircea_popescu: the substantial difference between the subset here named and the rest of the set consisting of various reddit experts and your spamming friend has nothing to do with them
mircea_popescu: he's the business world equivalent of a russian prison whore.
mircea_popescu: a man batting < 1% is certainly not possessed of a clue in the field.
mircea_popescu: made 100 different decisions since, 100 of which were wrong.
mircea_popescu: this is the case of all us "entrepreneurs" active today.
mircea_popescu: (exactly the hipster car of today, incdentally. marketed to women and doctors, had curved glass panes, etc)
mircea_popescu: there is good reason to build a universal engine into a tank intended for 1950s style attreition war.
mircea_popescu: soo... imo musk's electric car has failed to reach the sort of growth patterns and penetration goals it needed to survive. it therefore peaked sometime last year, and it will go the same way all the numerous attempts at an electric car since the 20s have went.
mircea_popescu: in any case the generality comes at an efficiency cost.
mircea_popescu: because who the fuck else would not know what fuel he wants to burn
mircea_popescu: there are some "universal fuel" power generators, mostly marketed to end user derps
☟︎ mircea_popescu: putting gasoline in a diesel engine is not unlike putting crude oil in a tar or coal plant.
mircea_popescu: none of them run on crude, not since 1880 at any rate.
mircea_popescu: plenty of models made to run onm the heavy stuff left after gas distillation
mircea_popescu: nah. gotta appreciate, power plants are products of industry like anything else
mircea_popescu: crude oil is not realy useful to power an electric plant.
mircea_popescu: moreover : the solution to the challenge is plainly there.
mircea_popescu: there is no structural way to scoure a message outside of it.
mircea_popescu: but as things stand today, after two years of idiocy from the stooge camp, your doubts would be a weak minority even without it.
mircea_popescu: the very notable reserve power behind it all is not the hoard.