247000+ entries in 0.057s
mircea_popescu: maybe better take it as "this man won't give me for free stuff that people might get if they pay upwards of six figures in fees. my feeble attempts to defeat his defences through 9yo discoursive tactics are probably going to fare about as well as 9yos generally fare against multi million dollar concerns."
mircea_popescu: think "occupywallstreet" or "feminism" or w/e. "the luxor center for businessmen". these collections don't actually do anything, it's not unlike a coral discussing which way to undulate for saving the whales.
mircea_popescu: more like, "saving the environment" is just as silly as any one thing a bunch of useless, stupid and ignorant entities that only exist because nobody ground uncle sam into the ground yet could ever do.
mircea_popescu: he doesn't mean the people = "the people". he means the people = your friends.
mircea_popescu: the planet is fine. "the people" are fine. you are stupid, and your friends ridiculous.
mircea_popescu: "the planet is fine, the people are fucked" is what people say when they can't digest the obvious "if you could understand more, you could understand more"
mircea_popescu: just, 'no particular inclination to gaze upon chtulhu'
mircea_popescu: (ie, "can't carry meaning". just like the foregoing it's also logically necessary, no debate possible. it flows from what you're saying, which is essentially "humans are noise". sure. but noise doesn't really matter. like brownian motion.)
mircea_popescu: if this is how you redefine your humans, i will change "don't exist" to "don't matter".
mircea_popescu: just like whatever in your definition of "human" differs from human biology is not objective but metaphysical.
mircea_popescu: it's simple : inasmuch as your definition of "human" difers from "econ", it doesn't exist.
mircea_popescu: a whiteknight is not a person. it's a manifestation of particular pathologies empowered by particular economic imbalances.
mircea_popescu: which will crumble in contact with the other is kinda obvious.
mircea_popescu: whereas bitcoin enforces this through the nature of money.
mircea_popescu: the difference is that they enforce this through statal redistribution, which lives out of a hole in public choice theory,
mircea_popescu: rational incentives don't enter into it. as far as derpy social studies types are concerned, all effort available should go into that.
mircea_popescu: is there a rational incentive to continue adding man-hours to women's studies ?
mircea_popescu: as far as bitcoin is concerned, there's no point to energy other than mining.
mircea_popescu: unrelated datapoints. half energy available \being used to mine bitcoin makes bitcoin safe for humans (safe in the sense of, won't be overrun by the altcoin problem)
☟︎ mircea_popescu: i suppose the next step is, "participate in derpland has talent with your tv set!" and hopefully that'll relieve us of most of the current imbeciles online.
mircea_popescu: "energy efficiency" is not a bitcoin consideration. all energy used for non-bitcoin stuff is wasted by definition, in the bitcoin paradigm.
mircea_popescu: there's no way to express bitcoin in fiat terms. it's not "a clock", because the meaning of "a clock" does not carry in bitcoin. yes it divides time, but differently in fundamental ways.
mircea_popescu: cazalla: more lulzy shit at
http://www.canadianbusiness.com << all these biogas precursors are in for a rude awakening. at some point they'll discover that while I have the power to make something a problem by calling it a problem, they do not (any more).
mircea_popescu: it seems there's some worms more eager than some others in the government biscuit.
mircea_popescu: "It seems to be a way to extend and patch thee Bitcoin network without waiting on slow Bitcoin Core improvements."
mircea_popescu: im gonna have to make another div payment set without a deed registrar aren't i.
mircea_popescu: this shit's seriously a lot mopre trouble than it's worth.
mircea_popescu: the principal job of the nsa since about the 2010s is to be publicly and outrageously humiliated.
mircea_popescu: (in romanian it means, literally, the dough part of a pizza or a cake)
mircea_popescu: well this is the problem, you know ? once you decide to try nuclear detonations in your livingroom you can no longer have "fresh milk"
mircea_popescu: by now a "we hold 100mn chumps, who pay us 0, give us usd" is a better revenue source than "we have 1mn people paying us 1k a year each"
mircea_popescu: it quickly becomes perverse, the game of "let's have government in the market"
mircea_popescu: meanwhile jpm was NOT tbtf, because it held a lot of money from people who had money, so it could you knoiw, just steal that,
mircea_popescu: ie, boa was "too big to fail" because it held a lot of mortgages of people WHO COULDNT PAY FOR THEM.
mircea_popescu: decimation the ones who "don't" are more valuable as bezzle access. the ones who "do" really don't.
mircea_popescu: decimation it's not even that, it's just... the *meaning* of money changes.
mircea_popescu: but in any case, however you explain it on the "micro" basis : competition and central control are mutually contradictory. much like anabolic and catabolic processes.
mircea_popescu: in another perspective, qe is an abdication of monetarty sovereignty. sovereignity is a fixed sum, so it just moves in other parts of the system - monopolies form.
mircea_popescu: the worst effect is that everything forms monopolies. in a physics intuitive approach, what QE does is basically increase the superficial tension. this forces bubbles to merge.
mircea_popescu: the obvious effect of "keynesian" money pumping is bubbles, but that's not the worst effect.
mircea_popescu: ben_vulpes so do mine. but at least a) i actually fuck them and b) i don't take them without a significant prior investment from other people.
mircea_popescu: asciilifeform stop wasting your hours! you're a process man, you belong to s.nsa now!
mircea_popescu: ben_vulpes : take the bright side of life. "not liking kids is not a valid reason to not have any - you'll be stuck with some anyway."
mircea_popescu: for that matter, if one doesn't have the culture to know that glob's a verb, the above is also "a very bad argument" .and so on.
mircea_popescu: for that matter, my "which of course is the very point" above is also "not very clear", in the sense that if one isn't particularly bright, the recursion of "what dk says is that people think they're better than they are" is not immediately glob'd into the expression.
mircea_popescu: your average doobie, with a mediocre college degree and an ESL culture mostly geared towards ingested summaries is perfectly unable to decode metaphor or recognise complex enough patterns and fill in the gaps. this to him is frustrating, and the frustration is predictably resolved by lashing out (hey, it's the guy fault for using rferences i have to google and math i don't grok!11). in no way better than a clinical mor
mircea_popescu: but in fact, the moderately stupid are just as handicapped understanding why they aren't smarter as very smart people are, understanding THE SAME THING (ie, why they aren't smarter).
mircea_popescu: people thinkg that effect only shows up in idiots, and so not in them. which of course is the very point.