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mircea_popescu: imagine all the stupid of wash dc done louder by stupider people. also in a swamp.
mircea_popescu: punkman actually exports are funnay 20% gold 5% jewelry 5% diamonds. total jew country.
mircea_popescu: saifedean sounds a lot like very early romanian. what do they speak even, misr ?
mircea_popescu: saifedean yes, but they support "ideas", and then soon enough vote, and riot.
mircea_popescu: saifedean from where i sit the only sane reason to go to lebanon would be the same as 1k years ago : to start a crusade.
mircea_popescu: o look, most recent political assasination fifteen months ago.
mircea_popescu: no but seriously, there's what, half a million muslims refugeed there now ?
mircea_popescu: yeah, but they have to compete with ohio's 150 a month or w/e it was.
mircea_popescu: so if i want to rent a flat in beirut, what'd it run me ?
mircea_popescu: this exact thing was a problem, written down as such, exact words, in 1914. and since forever : central government attracts town loafers, who then derp about.
mircea_popescu: in lebanon ? nothing really, srsly nao. buncha town dwelling wasters get ot be all excited for a summer.
mircea_popescu: saifedean lebanon sounds more and more like romania - 10 years.
mircea_popescu: what will the kids figure out later ? oh, that - to go no further than latest trilema - jared son of charles got 40mn "investment" from x and y while charles was in jale because campaign donations and other issues related to x and y.
mircea_popescu: anyway, re the "questions asked" : in a total nod to asciilifeform's "merit washing" ideas, by now the point isn't even to have any sort of product, as it hasn't been for decades, noreven any sort of plan. they "invest" in "great teams", nao. "kids will figure it out later".
mircea_popescu: otherwise, the pension funds end up hodling anyway, and the fed rescues them, and here we are.
mircea_popescu: anyway, "society" is broad. the vc game is just to flip the ponzi to larger fools. they succeed 55% of the time or so.
mircea_popescu: mike_c in all probability the last pitch meeting where the investors asked something sensible was cca 2002.
mircea_popescu: seems a decent gameplan. if you're a stanford/harvard business major, or similar scum.
mircea_popescu: or else 4b) if society doesn't bite the bait, they "street cred" because were going to 4evar totally do it.
mircea_popescu: then 4a) if society bites the bait, they "change their mind" "learn better" "unfortunately..." "they were just kids" etc, the circle / dwolla /etc playbook
mircea_popescu: mike_c see, the way i've observed this to work is like this : 1) usg makes imbecile law ; 2) society is aghast ; 3) teenaged muppets make bold claim that jives with societal expectation, blatantly in contradiction with usg policy.
mircea_popescu: knocked out retired boxers should look like knocked out retired boxers.
mircea_popescu: well, that's what chrome does too : simple rather than correct and easy rather than useful.
mircea_popescu: but hey, why confront and resolve the hard problems ? inheritance systems for the user input, explicitly set bvy the user etc ? o noes, gotta be simple
mircea_popescu: and the fact that this very fundamental principle is not precisely observed makes me not care whether x or chrome wins. they're the same shit.
mircea_popescu: x has no fucking business telling another process on its dealings with a process.
mircea_popescu: "my house doesn't have a hole in the roof - trivial fix" "whatever, i'm not dealing with those imbeciles".
mircea_popescu: but really, steal keyboard stream because "Whatever, it's also under x" ?
mircea_popescu: that also happened to be during the brief interval when the us was worth more than something stuck on someone's boot.
mircea_popescu: used to be a time when that'd have been the absolute last thing one'd consider doing.
mircea_popescu: "no discipline has been announced for those who received the emails and said nothing." <<< lol wait, wut ? da usg stoolie programme ?
mircea_popescu: <assbot> Feels like something is missing from this picture <<< someone giving a shit ?
mircea_popescu: asciilifeform was plenty of the latter even a year or two ago << yeah, but "preponderence of derpitude" standard.
mircea_popescu: when niggers do it, it's suddenly obvious how unsufferable it is.
mircea_popescu: jurov they're not racist, they just don't like that kinda people.
mircea_popescu: dude impressive, that guy managed to get the pic supressed ?
mircea_popescu: pete_dushenski no no. there was this pic at some conference. the fall guy (denny idiot), the sucker (some local professor) and the actual scammer
mircea_popescu: pete_dushenski they claimed circle defrauded them, threatened to sue. never sued, disappeared.
mircea_popescu: not the danny guy, the other one, the greek who was behind it all.
mircea_popescu: “I feel like a martyr—a Bitcoin martyr,” he told me. “We’re bleeding out.”