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mircea_popescu: course you need a pretty large air sample to get anything usable at the ppb range
mircea_popescu: i just wonder if large scale gmo will also yield some mutant hay fevers
mircea_popescu: jesus they voice everyone in here these days. ThickAsThieves when did you get out!
mircea_popescu: well basically the idea is i need someone with significant experience.
mircea_popescu: cool. so. tell me about your experience as an affiliate manager.
mircea_popescu: awrelll mircea_popescu> aha. so tell me about your aff manager experience. << this was for you.
mircea_popescu: which is an economy in which the government accounts for 1% or less of the gdp
mircea_popescu: replacing that with a financial cost only works if you live in a functioning market economy,
mircea_popescu: <HeySteve> well, in terms of WoT there is a time cost to registration with gribble << more like an intellectual cost. this is good, because idiots don't manage to figure out how to do it, which serves us and them.
mircea_popescu: overnight success is the result of fortunate coincidences like that.
mircea_popescu: you see, i had an intel department for years before i found bitcoin
mircea_popescu: im confusing rompetrol and petrom like i'd confuse bitfuck and fuckcoin
mircea_popescu: Naphex check that shit out, they evenb have the entire coin* bit* issue going
mircea_popescu: not so far off. one of the schmucks made petrom, which is exactly copied after bp
mircea_popescu: discovered they have to suck my cock for a soup each day they wish to eat a soup.
mircea_popescu: then suddenly they ran out of money, the bottom fell out of the market, and the 20-30k or so idiots who really thought there can exist such a thing as a "career in media" upon the basis of which they could like... take bank loans and buy houses and cars
mircea_popescu: and hence, the "suntem pe investitii" expression, which is what said idiots said about their media "empires", for 3-4 years
mircea_popescu: think about it, you give a schmuck 1bn and legal immunity, you'd fucking expect he can pay you 100mn a year for the rest of all eternity.
mircea_popescu: this schmuck was given something to the tune of a few bn usd, and ten years later he had to have a very embarassing 100mn sent to him in the middle of the electoral campaign,
mircea_popescu: one of the best examples is a fellow known as varanul, ie dan voiculescu
☟︎ mircea_popescu: their investments fared about as well as neobee's, a few degrees of magnitude larger.
mircea_popescu: one of the edge cases of that moral hazard were idiot "business men" who thought they actually have a clue, but in fact were products of a fortunate environment like that.
mircea_popescu: this resulted in all the moral hazard you might expect, but also into the most fiscally stable country in europe, and with stores of physical gold per capita well above everyone else
mircea_popescu: exactly the way i handle btc, incidentally. just don't sound like the lumpens and you'll be okay.
mircea_popescu: if you had any sort of a clue and could talk the talk of business, you just got money.
mircea_popescu: to translate this, some history : romania was a communist country. to get it on a capitalist system, anyone not fucktarded enough was simply given money, from the state.
mircea_popescu: fluffypony the romanian expression is "suntem pe investitii"
mircea_popescu: HeySteve it applies to the problem of putting a cost on the user.
mircea_popescu: affiliate advertising is going to be major in this space, and currently it's way the fuck nowhere.
mircea_popescu: someone with 10 years as an aff manager has to make fucking bitcoin clickbank
mircea_popescu: that's actually one major thing to do. yo fluffypony what did you do for a living ? or cazalla ?
mircea_popescu: nevertheless, these are not tasks of the same nature as mowing the lawn.
mircea_popescu: i can respect your desire to build a better process for refining hahnium, or for resolving doppler aberrations in telescopy.
mircea_popescu: HeySteve understand tho : this is not quite unlike solid state physics, or radioastronomy.
mircea_popescu: and so through adding a cost you're actually skewing it towards scammers.
mircea_popescu: because the cost is not a discouragement to the sybil, if it has a way to turn a profit
mircea_popescu: HeySteve this counterintuitively makes your system weaker.
mircea_popescu: and now you also understand why western aid ruins africa.
mircea_popescu: and so through incentivising good behaviour i managed to... break the wot.
mircea_popescu: because... well... what the fuck, everyone's doing good deeds whether they're good men or not.
mircea_popescu: but it will also make it impossible for women to pick mates.
mircea_popescu: now, this obviously will make everyone do nothing but good deeds (presuming rational actors),
mircea_popescu: so i say to these people : each day you only do good deeds, you will receive your average yearly income. but for every bad deed you do, you get fined x% of that.
mircea_popescu: i own more money than the entire village is worth, a million times over.
mircea_popescu: let me make this point clearer through an example. suppose i go to a village in somalia. this village has 100 people and they're all normal people, they do good and bad things by w/e definition of good and bad.
mircea_popescu: because the wot is the measure of how people respond to incentives, it makes no sense to change its neutrality to add incentives for particular responses.
mircea_popescu: seeing how he's all old and frail and will eventually go.
mircea_popescu: i know nanotube was working on a wot 2.0 that'd be distributed and not depend on him
mircea_popescu: HeySteve so like a sort of a db backup maintained distributedly ?
mircea_popescu: fluffypony and in the case of btcjam, because they know they're running a scam platform. it'd make no sense to take any steps that make this more obvious than it actually is.
mircea_popescu: HeySteve i don't follow ? the wot is integrated with any cryptocurrency as it is. i can and have rated people for say... atc deals.
mircea_popescu: dexX7: bci allows to push signed transactions but no signing << there's a reason for this. you shoulodn't be providing privkeys.
mircea_popescu: HeySteve: I was a seller there, it's unfortunate there's no way to migrate feedback from shuttered markets... << which is why wot.