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mircea_popescu: ;;later tell anarkitty hey there. ima be out for a few hours, but please don't go anywhere, i wanna talk to you whjen i'm back. you can talk to me directly by going /query mircea_popescu whether you have voice or not.
mircea_popescu: cazalla has an excellent theory, i had no idea he's another zhou tong
mircea_popescu: bitcoingirl ok but make it quick cause i gotta go to town in a few minutes.
mircea_popescu: the difference is that i can write a check for ten millioin dollars to a stripper, if i feel like it
mircea_popescu: this happens to also be why i'm quite so powerful. sure there's other people with money on twitter, VCs or whatnot.
mircea_popescu: so you gotta have a big corp to sell overpriced shit to another big corp
mircea_popescu: which is why random nobodies can't b2b. because for the corp, it's too much like simply being stolen from
mircea_popescu: corp only pays specific types of things to specific types of people and that's that.
mircea_popescu: see, you simply can not write a check. at all. no sig whatsoever
mircea_popescu: basic corp governance, nobody may write checks on the corp account.
mircea_popescu: the only reason it doesn't happen, as long as it doesn't, is that they don't actually have access to it.
mircea_popescu: which was in fact truth, plain as day, for as long as the state was weak and the hansa and its successor guilds ruled supreme.
mircea_popescu: sooner or later people will come to the realisation that reputation is worth a helluva lot than money,
mircea_popescu: and none of them may come back, ever again, in any capacity.
mircea_popescu: and if it becomes socially acceptable bitcoin will become entirely sealed off to the poor.
mircea_popescu: yeah. the problem is that this take in 4k btc, take a vacation for half a year then come back and split a btc or two to the idiots is really very good business.
mircea_popescu: pankkake: TradeFortress is now known as "Free hugs! ♥" on scamtalk << why is it always the scammers that push the purely formal "be nice to people" angle ? o wait! because that's how mimicry works, and that's what they are!
mircea_popescu: bitcoinpete: Isn't moiety only getting 1 bitcent an hour? and this dude wants 100x that << if people could make a bitcoin/hour sitting in a us prison we'd definitely need to increase the block rewards.
mircea_popescu: wait idle for 4 hours on webirc and she didn't get cut off ? helluva great connection she's got
mircea_popescu: i'd guess the berkshire bet will have reached half its total bet sum sometime this autumn
mircea_popescu: how about the right accomplishes firing your wife, dear economist, from her "womens studies" uni position ?
mircea_popescu: "The Economist @TheEconomist · 2h The far-right may triumph in the EU parliament elections but they won't achieve much there"
mircea_popescu: it is insanely difficult to interface with the world, mostly because the world is principally made out of people smarter than you will ever be.
mircea_popescu: it is very easy to interface with a computer : it's pinned down in place, mechanical and stupider than you.
mircea_popescu: and so they end up with the stupidest contributor doing the most important parts : interfacing with the world.
mircea_popescu: because nobody ever has to put effort where they already suck, because they don't suck, it's just the problem that's unworthy of attention.
mircea_popescu: clearly thus therefore cooking and cleanning is stupid, and definitely not something one should learn or study or do well
mircea_popescu: there's these things people like doing, like say rubbing their scrotum. and then there's these other things people don't like doing, like cooking and cleanning.
mircea_popescu: o look at that asciilifeform... not a whole lot of confidence.
mircea_popescu: (granted, my interest in this sort of minutia is faint)
mircea_popescu: "And while Im setting the record straight, the original (TECO-based) Emacs was created and designed by Guy L. Steele Jr. and David Moon. After they had it working, and it had become established as the standard text editor at the AI lab, Stallman took over its maintenance."
mircea_popescu: "or example, remember that the first viable Windows O/S, release 3.1, came out in in 1990"
mircea_popescu: "Symbolics signed long-term leases on big new offices and a new factory, anticipating growth that did not come, and were unable to sublease the properties due to office-space gluts, which drained a great deal of money."
mircea_popescu: "Meanwhile, back at Symbolics, there were huge internal management conflicts, leading to the resignation of much of top management, who were replaced by the board of directors with new CEOs who did not do a good job" i dunno..
mircea_popescu: course... i seem to also remember some massive rms drama
mircea_popescu: they mismanaged pretty much every aspect of market dominance.
mircea_popescu: Also, a lot of Symbolics sales were based on the promise of rule-based expert systems, of which the early examples were written in Lisp. Rule-based expert systems are a fine thing, and are widely used today (but often not in Lisp). But they were tremendously over-hyped by certain academics and by their industry, resulting in a huge backlash around 1988. Artificial Intelligence fell out of favor; the AI Winter
mircea_popescu: " We at Symbolics were slow to acknowledge this. We believed our own dogma even as it became less true. It was embedded in our corporate culture. If you disputed it, your co-workers felt that you just didnt get it and werent a member of the clan, so to speak. This stifled objective analysis. (This is a very easy problem to fall into dont let it happen to you!)"