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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.
mircea_popescu: <jurov> you don't believe they can IPO it at > 46 million? << you realise this round was utterly dillutive right ?
mircea_popescu: i see the guy's been pouring out a coupla million words, which is more than moldbug, but i won't be bothering to actually read the shit, it's too stale.
mircea_popescu: anyway. if there's anyone who actually had the patience ot read all this stuff and wishes to proffer a summary please do.
mircea_popescu: imagine the horror of this. "i invented a machine which lets you live on for a billion years, so you can write stupid shit so that stupid people keep on powering it"
mircea_popescu: "why are you spending your time with cockroaches ?" "i kill them" "yes. but you're still spending time with them."
mircea_popescu: so he's another modlbug. what difference does it make ? still simple.
mircea_popescu: why are all these driven nuts so mentally simple anyway ?
mircea_popescu: al ability to see through time. But death is a great evil, and I will oppose it whenever I can. If I could create a world where people lived forever, or at the very least a few billion years, I would do so."
mircea_popescu: Transhumanists are not fond of death. We would stop it if we could. To this end we support research that holds out hope of a future in which humanity has defeated death. Death is an extremely difficult technical problem, to be attacked with biotech and nanotech and other technological means. I do not tell a tale of the land called Future, nor state as a fact that humanity will someday be free of death - I have no magic
mircea_popescu: and once i get my hands around their throats, the "facts" will be slightly divers.
mircea_popescu: and so are plenty of other things. the guardian and washpo and the rest of the buzzfeed carrion crawlers aren't up there because they favorably compete with qntra on some sort of machine basis
mircea_popescu: but seriously, wikipedia is returned because "fact:wikipedia is what we promote" rather than any "algorithmics"
☟︎ mircea_popescu: but back to the story : if your call on the y fellow is correct, he makes for an absoluely perfect model of "chemistry usg".
mircea_popescu: people have to fucking realise, for once in their life, that a_) fuck them and b) it's not about what they want.
mircea_popescu: the equivalent of "story published on blog" is "50k calorimetry assay"
mircea_popescu: well... stfu and get in the wot. nobody, NOBODY is above the intern work for a year.
mircea_popescu: in this perspective, al's lament reduces to tim sweeney's lament. "oh woe that not being in the wot my ideas hold no value"
mircea_popescu: right. and here the same : paste your text as a "review", or publish it on your blog.
mircea_popescu: i have no guarantee that this goes into the... canon, or w/e, fanon-type-45345
mircea_popescu: so asciilifeform, do you see how the situation here maps exactly on the uncle al and the magical molecule situation ?
mircea_popescu: so ima have two things out of this. first an arguent with alf, then once laddel and the rest of the proponents of "intelligence" wake up, ima have one with them.
mircea_popescu: jurov what is this anyway ? i thought some woman wrote harry potter ?