253000+ entries in 1.86s
Namworld: Like, what are people doing? Giving money around to whine against scammers, and when it's not
a scam, go "That one is nice. Will leave them my money."
Namworld: Keep the list
a few years. It's just
a file. Not
a problem keeping it.
Namworld: I'd probably go with Canadian laws about unclaimed debt. Not sure how long it is, but probably
a few years.
Namworld: If I harass them for
a few months, they eventually reply, "oh yeah, right, why not? I'll take it."
nubbins`: so put
a time limit on your next message and wash your hands if they don't reply
Namworld: TAT must be satisfied. But
a few of my larger lenders are going to get pissed. At least I think so? They don't seem to ask/be in
a hurry about it
a lot.
Namworld: I'm down
a lot of my debt. I have last requests to fulfill. And
a lot of people who never replied to me about it.
VanCleef: i cant remmeber was
a while ago
pankkake: what made you think it was
a scam then?
VanCleef: i remember on the second day of neobee ipo i called it
a scamm and tat put me on ignore for trolling
pankkake: first time I loled to
a morpheus meme!
Mats_cd03: what, you don't think hamsterdam (
a la The Wired) would work?
Namworld: If you make largesses to yourself, you go "Boohoo, I've run out of funds, spending everything on advertising and
a big salary to myself, now there's nothing left. I'm sorry. So sad." Like neobee and the like.
VanCleef: neobee was
a pretty shitty name anyway
thestringpuller: given taking short term credit is for expenses leading to
a profit and not just buying Ferrari
thestringpuller: I'd assume as long as you make
a profit despite capital expenses, credit/debt can be good sometimes
thestringpuller: Namworld: 0 debt? What if you need credit for
a large project.
Namworld: Going to stay like that until I at least repay all my debts. Probably going to stay like that for
a while after I repay my debts. You make sure you have no debts and the business is well and you have
a nice cushion.
nubbins`: generally it's
a mix of poor drug addicts and professionals
nubbins`: due to the wonders of gradual gentrification, there are very few "poor areas" in my city larger than
a block or so
Namworld: I'm in
a poorer area of the city, but far from the poorest.
nubbins`: doubly so if you're in
a "first world neighbourhood" of said country
nubbins`: Namworld this is generally true of anyone living in
a "first world" country
Namworld: Speaking of life quality, by all estimates, I won't be lacking funds in the future. But as long as that's not
a reality and is just on paper, my living standards are pretty low. Well according to local standards anyway.
nubbins`: on the dim side, it requires
a complete dismantling of the phone
nubbins`: on the bright side,
a replacement part is only $25
nubbins`: hmm i think my homo zebra needs
a cigarette
pankkake:
a movie about scammers; they get investors but everything is faked
Namworld: Sending Bitcoins to Neobee is like investing cash in the guy screaming on the street corner he's starting
a bank. He start by buying pamphlets and distributing them for advertising the business, hyping and taking further cash in.
mike_c: ;;create bitbet "The dilbert comic from April 2nd will be posted in b-
a more than 10 times"
nubbins`: altho TBF if he's realized he just blew too big of
a wad and wants $$ back, i think ATC will be
a bit of
a hard sell
nubbins`: well, i tell ya what. there's this guy, see, and he wants to sell
a coin
pankkake: so, when will there be
a gold future on mpex? will it be called pmex? :)
CheckDavid: So it's
a matter of volume mircea_popescu ?
VanCleef: i want to work at
a government agency and bring bitcoin down
VanCleef: from now on whenver
a mainstrea person asks me about bitcoin i'm just going to tell them to stay away from it because its all just bullshit and lies and
a pyramid scheme and full of pos scammers
mircea_popescu: CheckDavid are you trying to ask why isn't platinum
a monetary metal ?
CheckDavid: Gold is always mentioned historically as
a store of value and currency
mircea_popescu: jborkl actually it's mostly automatred now. most chickens in the world touch
a human inside the mouth for the first time in their... existence.
CheckDavid: mircea_popescu: lack of
a better term :(
mircea_popescu: exactly. the forum had been negligible btc anyway, for
a long time now.
jborkl: mircea_popescu> The Food and Agriculture Organization of the United Nations estimated that in 2002 there were nearly sixteen billion chickens in the world, counting
a total population of 15,853,900,000 < I wonder how many people taxpayers employed to count all the chickens?
mircea_popescu: The Food and Agriculture Organization of the United Nations estimated that in 2002 there were nearly sixteen billion chickens in the world, counting
a total population of 15,853,900,000
mircea_popescu: it was always about the salvation of the worthy, never about the salvation of the flock as
a whole.
chetty: ThickAsThieves, nah that happened
a long time ago
mircea_popescu: now go beat up your children and send them naked i nthe street to earn
a living
VanCleef: just
a bunch of cowards hiding behind their computers
VanCleef: at least wallstreet and banks take off your pants first before fucking you in the ass, bitcoiners make you wear
a pair of jeans first
VanCleef: i heard he doesn't even have
a daughter
mircea_popescu: i mean stupid is one thing. hard to hide, already well known, no big deal. but
a liar is
a different story.
Namworld: Herp has
a rating agency? He forgot derp in the title for Herp Derp Rating Agency
Namworld: April 1, nice date for such
a topic, chetty.
mircea_popescu: obviously "what's best for his fambly" is trying to make
a split anyway.
Guest17831: and wraps up it up in
a neat little bow by saying he wants to sell his stake
bounce: it's
a bit dishonest, really. like the nth level manager proclaiming he did all the work. much rather he'd just admit others did the work, he just make the work effective. which is nothing to sneeze at if done well.
bounce: (at least what little I've seen of economists... let's see if I still have that impression in
a year or so, say)
mircea_popescu: i buy at
a discount, often significant. they buy at
a premium, always significant.
mircea_popescu: the quietly glossed over point being, of course, that
a dollar of usg spending does not buy it
a dollar of rl value.
mircea_popescu: which brings in an interesting side point : recently the us propaganda press ran
a story comparing military spending, showing the us as the sum of europe and other states.
bounce: economists do tend to get
a bit hung up on solutions without really getting down to the structure of the underlying drivers
wywialm: in
a well-developed economy capital requrements are much less significant barrier, for example
wywialm: and i believe the 0..inf is never an option, the dumping winners can charge only
a monopoly rent afterwards, having erected (rather weak) barriers to entry
wywialm: but the product differentiation is
a good defense against dumping, as it can work only in very simple markets, food and education is not one of them
mircea_popescu: in fact, mcdonalss DOES sell for free in most of the us, it does more business as
a proxy for usg welfare than anything else.
mircea_popescu: this is why the us sucks, basically. it, not having ancient microstructure in place, turned into
a sprawl hellhole
wywialm: have
a look at education, for example - govt is permanently dumping the sector, there are no expectations to the reversal of the course and yet it doesn't manage to win the whole market
mircea_popescu: phase 1 lasts 3-5 years, and is actually evaluated as part of the financing of
a new development.
wywialm: as
a theoretical possiblity - i agree. but empirically, i have never seen it done
mircea_popescu: yes, but as
a model, this is the economical reason you were asking for earlier.
mircea_popescu: one is that
a competition on operational efficiency has been transformed in
a simple financial competition of "who can support dumping longer"
mircea_popescu: as
a de facto monopoly, Y can now charge infinity for X.
wywialm: at least partially, and as far as i managed to research it, i believe it's
a non-issue, perhaps you could point to something convincing me to believe otherwise?
bounce: so I'll buy that as
a vivid example of getting the right knowledge at the right place, but don't buy the form as
a solve-all.
wywialm: bounce: i can't see any economic justification for things turning that way. The evolution of PT in Poland is
a direct proof to the contrary -
a few efficient contractors in the bigger cities and between them, successfully coping with ever-increasing regulation
mircea_popescu: (for the exotically curious : parliament passed
a law, guy went on tv to say the law fucking sucks, president called in to say well why didn't you tell me! let's iron it out!". it was
a sight, the whole thing. )
mircea_popescu: bounce the only way i see this to be approachable is the medieval method (still used in romania for emergency medicine say) : you hire
a boss. he does whatever he wants.
VanCleef: i think SatoshiIsland needs some sort of governence but it should be like
a company where you hire people for the positions via very complicated hard test, previous background and experiences and these positions should be interchangable every year and performance based
bounce: or public health. you could provide good basic service to the entire population at
a reasonable price (hidden in the tax bill), but if it has to be "market driven" you're certainly not going to get that. and that when it's to everyone's benefit that the workforce is healthy.
bounce: say, public transport. first you end up with lots of PT companies doing their thing and
a right jumble it is. then the state steps in and puts it all under one umbrella. N years later it gets
a bug up the old bum about privatisation and you end up with lots of little companies again... and worse service to higher cost.
wywialm: but still - i'd opt for
a government scandinavian style that is just fiscally opressive but much less tries to mix with the rules
mircea_popescu: anyway, as technology frees more and more time, people can't resist the temptation to try and feel it with
a delusion that they actually matter.
mircea_popescu: like if you keep
a girl tied to
a post in your basement and only rape her when she's not... willing, i guess you'd call it ?
mircea_popescu: wywialm arguably. just like rape always and rape sometimes are ostensibly
a difference in principle and not only in quantity.
mircea_popescu: btw, someone with
a forum account drop
a line to salty / the artist