270400+ entries in 0.178s
mircea_popescu: so
this is far from a resolved problem. no actual action is required of you ; merely
the understanding suffices.
mircea_popescu: the deep problem is
that any known implementation of division of labour imports magic.h
phf: it was my last link
to jet setters, men of
the world
mircea_popescu: lol i was
talking in
teh general. dun worry, has nothing
to do with you.
phf sits
there sadly with his hsbc account
mircea_popescu: tautology is
the last ditch in
the fight with
they who do not wish
to understand
the plainly obvious.
there's little more
to be said
to "i just want it
to work" crowd
than some
tautology or other, because
the problem in
their head is exactly
this :
to
them, it ISNT
tautological.
mircea_popescu: anyway.
the problem with
the world
that "magically" works is
that if one day it magically stops working you're invited
to go magically fuck yourself.
mircea_popescu: but who knows, maybe if
they give google its cut
they'll be able
to place bonds in a year or
two again. paul graham has
the details.
mircea_popescu: (+the government of argentina - which is currently paying google money
to advertise itself
to me, in
terms of "soberania".
the lulz of
this is apparently lost for every spanish speaking
tard)
mircea_popescu: the whole market is not even 1%
that, and mostly fed by very short lived foools
mircea_popescu: much like if you're aiming
to
tell me google makes 70bn a year out of people paying for online advertising...
mircea_popescu: generally, once
the founder dies you can assume usg got it. just liek in roman empire.
mircea_popescu: even something like apple - here
today, gone
tomorrow. alphabet inc was fdounded... 2015. ie it's not yet 2 years old. on it goes.
mircea_popescu: in general, companies have a serious problem - because unless
they're on
the "official list google returns results from",
the business case is rather weak - companies don't live
too long. bank has little reason
to
try and salvage
the business of an entity
that lives on average under a decade.
mircea_popescu: yes, and also
the reason pretty much everyone in mexico has dreamcatcher on wall.
mircea_popescu: also
the described hobo-rubbish
thing actually happened irl.
there's
tons of sad stories of
the middle class encountering us bank system.
mircea_popescu: asciilifeform no official smokescreen per se ; just,
the us is predicated on "saying no is mean". what follows is soup.
mircea_popescu: anyway, not
to say
that
the patient, organised, large entity can't actually
tailor something
that works for
them ; but for retail (ie, you're worth millions or less) customer
to expect
they get
THAT by default is cruisin' for a bruisin'. which is not so much of a problem generally because
the lifestyle of us peonry is very narrow anyway.
phf: ah but you have
to have
the counterparty
phf: civilian accounts are always linked
to visa network by default "you can access your savings from
this card
too, ain't it swell"
phf: asciilifeform: banks don't have
to close
the account, and if your account has been linked
to visa,
they have
to keep it mandatory open for
the duration of something like 10 years from your last
transaction, which is how long visa network can claim a chargeback
mircea_popescu: asciilifeform what's
to elaborate ? "item x does not exist" "but i
think it does" "good for you and good luck with santa"
phf: asciilifeform: i don't
think
that's "secret",
that's somewhere in
the contract
that you sign with a visa network, which is separate from bank's contract
mircea_popescu: just like
there is no "fuck you and your alimony, until and unless customer signs you a checque you can go dangle"
mircea_popescu: there's no "closed account" artefact, in spite of customer intuition
to
the contrary.
mircea_popescu: phf depends. you mean "the overdraft
thing" as a feature
to serve you, or as a feature
to serve
them ?
phf: the overdraft
thing, i
thought, is a feature,
that you negotiate when you sign
the contract
mircea_popescu: and
then keeps sending you overdraft notices, and on and on.
mircea_popescu: that's
the problem with
trusting us banking/anything really :
they lie.
mircea_popescu: so you keep having
to scream and
threaten, ie, half a mil over
two decades.
mircea_popescu: that's not what you most stand
to lose. what you most stand
to lose is
this situation where you "lose it", and
tell
the bank
to close it, which
they won't, so have
to be screamed at and
threatened, so
they "do", except
they keep re-opening it as
the charges keep coming in, over ~years~.
phf: i find it convenient,
that, so far, i was able
to walk into branches in different parts of
the world, and extract 2-3k at a
time
to cover me for a few days of vacation. sometimes i also get sloppy (3am, i'm drunk), so i'll pull money from atm in some dodgy location
phf: i have a card
that's linked
to my spending account, where i have
to explicitly go and
transfer money from a different account. at most i'm standing
to lose $5k or so
mircea_popescu: they mostly don't, and
the "i'm not about
to use card in foreign skimreader slit" is unescapable policy in plenty of real life situations.
phf: asciilifeform:
this is empty rhetoric unless you're actually not using a bank account
mircea_popescu: but you know,
the nightmare scenario is when seven+ figure account is linked
to half a dozen cards which regularly pay for
things such as "dinner for six at chez victor".
phf: mircea_popescu: no, i had some dodgy charges removed
though
mircea_popescu: did it actually happen
to you
that you had your card skimread in foreign jurisdiction and hsbc was "oh fuck we'll squish
those fuckers"
thestringpuller: trinque: lemme rephrase; MPEx::Bitcion as X::USD what is X? Obviously no bank qualifies
there.
mircea_popescu: phf
to put it in
these
terms, your high opinion of your insurance is mostly built on you not having had anything covered.
phf: and i've extracted cash from
them for
the duration of my stay
phf: mircea_popescu: i wouldn't say hsbc branches are everywhere, but
they've been in every country i've been
to so far
trinque: y'know... I bet he has a few of
them buttcoins.
trinque: bahaha yes, he's now going
to
tell you where his money is at.
thestringpuller: so you don't leave any cash in banks or like what is
the arrangement
there is more what I'm inquring about :P
mircea_popescu: thestringpuller yes, having access
to cash requires you
to have access
to cash.
mircea_popescu: but manhattan hq was "oh, we can't do
that,
they're not actually OURS" when i wanted
them
to etc.
thestringpuller: mircea_popescu: doesn't
this require you
to have stacks of cash at your residence?
phf: they
turned you down when you walked in?
mircea_popescu: and no, you can't find a branch pretty much anywhere outside
the us. what you find and don't know any better are independent organisations
that bought
the right
to use
the name.
mircea_popescu: if i have a roll and i want
to pay 2k, i peel 2k off
the roll. if i have a card i do what, wait for a week
to get 400 / day ?
phf: that's another
thing, can find a branch pretty much anywhere
mircea_popescu: yeah srsly.
the problem with cards isn't
the piddly dollar or w/e
the atm charges.
phf: asciilifeform: amt fees, international fees and also fees
that atms charge on
top of withdrawl?
thestringpuller: mod6: it's insane man.
the AI in Absolution is a beast. when you kill someone normally, like with gun or fiber wire, it leaves marks on
the body, and AI will see
that. so
they detect someone is
there. however,
there are ways people can die where
the AI is just like "Huh.
That's a shitty way
to go." For instance I put some kinda acid in
this d00ds hair regrowing gel or whatever. he puts it on, and it melts his head off and everyone aro
phf: asciilifeform: as far as i gather
they have highest ground coverage of all banks on account of running
the world, which means
that i can get a no fee atm pretty much anywhere
phf: i used
to
travel with cash before i got an hsbc account
thestringpuller: wasn't
the seinfeld era also
the era of "traveler's cheques" and shiznit?
thestringpuller: when i was reading
that i asked myself, "Who
travels with cash anymore?"
mircea_popescu: yeah.
the very sharp desperation come
to
think of it was more of a ro
thing. everyone else, from yugos and poles all
the way over
to moscow had a lot more sense
than
to
take socialism seriously.
mircea_popescu: myeah,
the "we gotta get some cash
together" phase was more 88/89
mircea_popescu: asciilifeform ironically
the question proves his point.
BingoBoingo: asciilifeform: It's basically speed dating for people who suck
too much
to admit
they are lonely
mircea_popescu: "we can't get a
table straighter
than 0.3% but we'll discuss bitcoin"
mircea_popescu: soon enough
they're going
to have a nother one of
these, right ?