243200+ entries in 0.062s
mircea_popescu: in the "double take of today" revue, i hire lawyer, he invites me by his office, sends address, it's on... Pringles Street.
mircea_popescu: i don't think even reagan would have considered - considered! mind you - trying for a free market in army services.
mircea_popescu: but as a side point : for all the fixed ideas in the electoral population about what the labels "republican" or "democrat" mean, i would like to point out obama is by far the strongest believer in free markets the white house has had in a long time.
mircea_popescu: well, the principle of x isn't conducive of the situation of y.
mircea_popescu: gabriel_laddel but you wanted them to act on the principle of x.
mircea_popescu: "you see this supermodel/actress/whatever ? i fucked her for dinner when she was 15. think i should go talk to her ?"
mircea_popescu: i suppose we should start selling subrsciptions to the logs for the join chiefs of staff
mircea_popescu: seeing how there's nothing in the past six hours... yeah, i guess they got raped.
mircea_popescu: the last successful us campaign in the area was done within a few hours.
mircea_popescu: mats well, modern warfare no ? how long does it need ?
mircea_popescu: i find it kinda funny that they chose to eschew silbert's efforts, but who knows what the fuck's going on in the lizard brain.
mircea_popescu: apparently im on the record whining about azn chicks too
mircea_popescu: unrelatedly, i just ingested a quart of the world's best icecream. BEST you hear me ?
mircea_popescu: up until leningrad it was not at all clear the reich will ever end, especially not from outside.
mircea_popescu: i seem to recall granpa churchill spinning some prime yarn bout how "and once england is defeated our realms across the sea will carry on without us"
mircea_popescu: <asciilifeform> gabriel_laddel: it was quite clear in '43 that third reich would fall apart << is this some bit of original research ?
mircea_popescu: <ben_vulpes> i don't buy this 'controlled chaos'. isis is a mortal threat << more importantly, isis EXISTS because it was born out of the *previous* iteration of "we didn't really get our asses handed to us like little girls, we were really AIMING to be face down, feet in the air"
mircea_popescu: <asciilifeform> us includes pretty much the entire planet outside of ru and cn << this is ridoinculous.
mircea_popescu: <asciilifeform> if such a thing were to exist - major problems << sure it exists. it's how the us navy lost china sea.
mircea_popescu: not so that random redditard can buy his porn for 0 fees.
mircea_popescu: well... this is why : so this sort of shit stops washing.
mircea_popescu: so some derp on reddit wanted to know "why do we even want to kill banks then" in the blockchain subversion debate.
mircea_popescu: asciilifeform notice how none of the coverage included a "this C round utterly dilutes naive investors from the previous B and A rounds"
mircea_popescu: thestringpuller the only "people involved" by now are horowitz and the us fed.
mircea_popescu: kinda win-win situation, if they try to rescue the scam foundation they will fail, if they don't you know we scare them.
mircea_popescu: im moreover curious if they're going to actually try and rescue the scam foundation or just make a new and "real" one.
mircea_popescu: somewhat mirroring the "mpex is worth a billion dollars ?!?!?!" thing.
mircea_popescu: cazalla the "usg mpex" comment was chiefly because there's no conceivable need a webwallet operator could have for even 1mn.
mircea_popescu: seems improbable even that many actually sent the ridoinculous "kyc" paperwork.
mircea_popescu: and incidentally that must be a typo, 1.9mn users 2.1mn accounts. more like 190k.
mircea_popescu: i have nfi why you imagine the userbase is important in this discussion.
mircea_popescu: well, horowitz and the rest of the policy vehicles are on board, so.
mircea_popescu: basically, they're trying for a usg mpex. which... hey, fine, have fun trying.
mircea_popescu: obv this is just napkin calcs, a definitive version'd come out once that unicorn stomps its foot.
mircea_popescu: anyway, the utter chilling of d.* trade past while shows kinda plainly where that ship's going, imo.
mircea_popescu: otherwise, if coinbase opens for a mkt cap of 250mn in two years (accounting for inflation, basically)...
mircea_popescu: jurov as an example, if someone bought 100 shares on mpex today at the 0.239 price paying 23.9 btc, he would control (if memory serves) 1% of the 1% f.derp stake in the origial coinbase. that'd entitle him to 0.01% of the value of 50/350 parts in the coinbase ipo, which would come to
mircea_popescu: at that point, the coinbase listing has actually been a net loss for d.cbse holders.
mircea_popescu: suppose in 2020 coinbase lists on nyse, 100mn shares, and they go for 50 bux each. that's 5 bn.
mircea_popescu: <jurov> that's what D.CBSE price implies << actually, no, the price implies they can't sell for over 350k btc at the time they sell.
mircea_popescu: just because of btc/usd vagaries, the original investment (which happened at 1200) lost 85% of its value.
mircea_popescu: 75mn with btc at 250 means 300k extra btc worth of shares.