mircea_popescu: TheNewDeal not afaik. seems a us marketing invention.

mircea_popescu: but as a total aside : the quality of your arguments exceeds the quality of your expression, significantly. that means you're smarter than you're read, which is unfortunate. you definitely should read up on and master all that "preppy 101 vocabulary", it's not the waste of time inept pseudo-teachers and pretend-authorities have made it seem.

mircea_popescu: that would... ALSO be a new one.

mircea_popescu: because if he had been working in a purpose-theory approach, he would have been.

mircea_popescu: which is why you imagine satoshi to be a rothbard tool.

mircea_popescu: it's not that. i don't care about the man's memory or anything. im trying to explain a fundamental difference in approach.

mircea_popescu: he proceeded from basic principle. and he, and a lot of other people, couldn't give less of a shit as to what the ultimate implications are.

mircea_popescu: but in fact, a number of people are not doing any of that.

mircea_popescu: you're trying to apply the acting towards a purpose approach, because that's all they teach anymore.

mircea_popescu: looky here. all this would make a lot more sense to you if you read the trilema explanation as to the difference of acting from a cause from acting towards a purpose.

mircea_popescu: that would... also be a new one.

mircea_popescu: "Contrary to popular belief, a rising bitcoin price ends up damaging liquidity instead of improving it. Miners are encouraged to cashout their huge gains by a rising price. This leads to volatility across the board via crashes. The volatility makes it too difficult to perform economic calculation in BTC."

mircea_popescu: "I want to make this clear. This is not the result of a conspiracy or collusion. This is the outcome of flawed economic incentives and the reaction to them by participants. Hardware used to mine is irrelevant. The underlying rationale regarding distribution of newly created bitcoins is flawed."

mircea_popescu: mkay so the situation is that you have a btc-e account and work as a broker, but when i asked you the first time you figured it's a good moment to insert a pretense of significant holdings you don't actually hold, and in doing so inadvertently blew to bits your earlier description of your actual activity, which was up to that point correct.

mircea_popescu: that'd be a new one.

mircea_popescu: if you're looking to "pump to sell your own coins", the moment you found a buyer you sell and that';s it.

mircea_popescu: inasmuch as you have a stash, you already took a form of exposure.

mircea_popescu: so then if you have a large stash of your own coin, why do you need to hedge on any website ?!

mircea_popescu: so i gather you have a btc-e account and work as a broker ?

mircea_popescu: Dear participants of the BTC-e.com The cases of hacking accounts with the use of viruses disguised as trade bots, trading platform, and also subscription for mailout, from which you may catch a virus if you follow a link in it, became more frequent.

mircea_popescu: i dunno if i can mix being scammed with not being scammed but not making a profit.

mircea_popescu: imagine this shit, the first time i actually buy a mining future contract, i actually get a great deal on it.

mircea_popescu: anyway, btc-e has indeed been around for a long time, and no i don't know anything substantial against them, so.

mircea_popescu: can't now be reproduced by the usg, with the help of a smaller bucnh of much more retarded "community" members.

mircea_popescu: what one sole idiot with the help of a bunch of retarded community members accomplished in 2011

mircea_popescu: the next pass, if fucking sponsored by the UN, if it has a special international institution created, won't get as far.

mircea_popescu: you mean ask a rap artist if he'd rather have 10k or 100 speed balls for his contract advance ?

mircea_popescu: after a few years...

mircea_popescu: i suppose western obesity had a lot to do with why it didn't catch over here,

mircea_popescu: thickasthieves not as much as a performance sport. more like an erryday activity.

mircea_popescu: or at least, a lulzy subset of breakdancing consising of "hei guise i've just been thrown at speed fron three feet up, look what i can do"

mircea_popescu: good exercise, what. breakdancing is a ballet sub.

mircea_popescu: well fuck, im a talented dancer, im the only guy who can walk, dress, eat and sit up on a chair.

mircea_popescu: but he doesn't actually have a voice.

mircea_popescu: isn't that a little ironic incidentally ? lol

mircea_popescu: so you're telling me i could have a rap video produced consisting of sketchy looking black males derping all about how badass they are while being naked and fucking themselves with anal stretchers ?

mircea_popescu: a well.

mircea_popescu: i suppose if the "community" wasn't mostly composed of retards, i'd be sponsoring a USG=STS grafitti campaign all over the 50 contiguous states.

mircea_popescu: STS, not a bad acronym.

mircea_popescu: which is why other than the money supply, socialist totalitarian governments aim for a monopoly in communication and for a particular corrupt rendition of democracy.

mircea_popescu: that cycle depends on successfully misrepresenting itself as a legitimate government to the producers, and sufficiently empowering the parasites as to maintain it in power.

mircea_popescu: if it manages to get a cycle going it can for a time overpower legitimate government.

mircea_popescu: tax evasion is all about a)ensuring your own revenue from back in the day you generate revenue, your 20s and 30s, is available to you when you need it, ie your 60s and 70s and b) making sure the fortune you collected will reach the biologic offspring of your choice, rather than the offspring others would prefer.

mircea_popescu: tax evasion is a 20 to 50 year game plan.

mircea_popescu: <Dimsler> who gives a fuck about the third world masses? << well, at the very least they do. but otherwise, people like anyone else, what, you think the conventional splits of the world become a thing of the world itself ?