227100+ entries in 0.07s
mircea_popescu: and whence is mimex to get OTHER opinions from ? you got a coo ?
mircea_popescu: "CEO MIMEX, opinions displayed do not reflect those of MIMEX" << what sense does this make ? if the opinions of the ceo are not mandatory for mimex, then what does "ceo" mean ?
mircea_popescu: the trustworthyness of the operator is first. liquidity second. features maybe third tho ideally the thing should be just open and anyone can build their own features.
mircea_popescu: (what i mean is, you don't get the option ot have some here and none there. if you have some, it's everywhere)
mircea_popescu: socialism, after all, is not optional anymore than water level is optional.
mircea_popescu: puts the entire serenissima vs nato dispute in much better contrast, from this angle. they want to infect everything with everything,
mircea_popescu: take discrimination and put it in the wot <-> currency has no business discriminating.
mircea_popescu: "immutable, fungible, non-discriminatory, and trustless" hm. this seems actually correct.
mircea_popescu: i have nfi why this is the case, seeing how on the plain consideration immutability is a very retarded concept,
mircea_popescu: ben_vulpes there's a wider point here btw : the internet has been slowly evolving towards immutability. this trend is visible high and low - curtis yarvin's attempt to "remake bitcoin in his own yard" did not miss this point, the general response of the fetlife cattle to the meatlist is a very sound "internet is immutable", the wind is there.
mircea_popescu: either that or the banal that's going to end up the canon.
mircea_popescu: now you gotta go back through the turd and pick up my lines :D
mircea_popescu: "endless cycles of printing that necessitates will do all that is necessary to turn a single Bitcoin into a nuclear sub." << is necessarily going to ?
mircea_popescu: depends present day of what. but yes, financially, it's more of a promise-to-impact, since the shanghai thing
mircea_popescu: really, the impact of mtgox on anything to do with bitcoin, its "price" y compris, is broadly overstated.
mircea_popescu: ben_vulpes "and the Bitcoin ramp to 1200 proved to be an artifact of a fractional-reserve exchange, for just two examples." << this doesn't make sense, because the exchange was fractional in btc not in fiat.
mircea_popescu: people who do it intentionally, after we're done with the clueless set.
mircea_popescu: people who do wrong unintentionally are to be punished.
mircea_popescu: dry wood is to be cut off and taken away. far, far away. in chains.
mircea_popescu: worse, much much worse than any deliberate scammer. the naive is the absolute shit of the world.
mircea_popescu: but i guess preet bharara is busy making his cell arrangements
mircea_popescu: that muppet... i have no idea how he and his gf/announcer aren't in jail over the auroracoin scam
mircea_popescu: "is the hallmark of fiat psyops hell-bent on undermining their control of the monetary base. " << ben_vulpes come again ?
mircea_popescu: yeah. works too, for the sort of muppets who pass along referrers
mircea_popescu: williamdunne but they have been dutifully banning their users (for saying anything but "this guy is horribru" and "what a violation!"). from what i hear the bancount's climbing well past 100 by now
mircea_popescu: was funny too, the derps were like "HE DOESN:T HAS TEH SKILLSss!11!1"
mircea_popescu: the more you cut the clerical costs, the more the actual job of banking gets expensive.
mircea_popescu: INVENTED the fucking double entry ledger, these people.
mircea_popescu: created in the 1400s, ran out of bankers in the 2000s, and swiftly out of history.
mircea_popescu: well... it's not a hospital yet, is it ? at some point you actually need some people who can cure people.
mircea_popescu: and yes you need to get lawyers that'll protect you from being sued.
mircea_popescu: you know, think in the more accessible terms of a hospital.
mircea_popescu: not even. you gotta have people who can actually bank.
mircea_popescu: in any case the actual costs to running a bank aren't in getting the certificate. you gotta have the damned bank.
mircea_popescu: He'll do a little dance, take you home tonight. Leave his wallet alone, but you can kiss his node...
mircea_popescu: Bitcoin girl, you're outa sight, you need a bitcoin boy, to treat you right.
mircea_popescu: ben_vulpes shut up hater! there'sd even a bitcoin literature!
mircea_popescu: sadly, for all the derpage re "bitcoin finance bla bla"
mircea_popescu: how much would it be paying and what do you intend to actually do ?
mircea_popescu: williamdunne so in the light of a new day, does the bsdm social media thing actualy look worth doing to you ?
mircea_popescu: Naphex i sometimes wonder how many boxes did amazon lose to date
mircea_popescu: and diversified enough that the arabs can-t quite outright kill him. (tho they're trying). i tell you this is a fun thing toi watch, for me.
mircea_popescu: the guy is taking massive levels of risk. one of teh few contemporary capitalists actually earning hteir keep.