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mircea_popescu: in other news, the commanding officer of the romanian special forum-extraditions-and-other-lulz unit invited me to his daughter's bar mitzvah unexpectedly.
mircea_popescu: every customer either raped or satisfied within one hour.
mircea_popescu: you wouldn't want either to rob yourself of the collective wisdom of this space, nor to rob the history of same of your valuable contributions
mircea_popescu: lol no but seriously, what am i fixing and how's it broken.
mircea_popescu: in this perspective, socrates is rightfully indifferent to any hemlock.
mircea_popescu: the outrage was eventually their undoing, they were banished, socrates was identified as the guilty party, one removed.
mircea_popescu: so that nobody could safely extricate himself from their lot.
mircea_popescu: then they proceeded to implement their very own, context-adequate version of taxation/dekulakization : they ordered the citizenry to commit murders
mircea_popescu: socrates spent his life empowering the youth with the tools of the mind. once htey came of age that youth turned around and took over the city, ie, the world.
mircea_popescu: anyway, yes, but an alternative retelling would be something like this :
mircea_popescu: jurov> anyway, it can be vastly improved, not just add blocktime but also start/end delimiter so copypaste failures can be spotted immediately <<< this, very much so.
mircea_popescu: a final curlique on the dekulakization topic. asciilifeform you familiar with how socrates died ?
mircea_popescu: i dunno who the fuck could bear to live there, that way.
mircea_popescu: first off who the fuck is threatened by smart young people ?! and second off... jesus fuck i've seen their lives and their dens, they're boring and dismal.
mircea_popescu: and this actually comes to the core of the ideological opposition here. i simply do not like this "no middle" burned ground crap.
mircea_popescu: sure, a tree with no middle one day collapses. but until such a day...
mircea_popescu: it's a middle pruning control strategy, the exact equiv of raising taxes "for social good"
mircea_popescu: it hurts the average who could in principle one day hurt the rich.
mircea_popescu: buffett merely aims to keep it this way : high taxes means jack shit to him
mircea_popescu: i can accumulate. the average middle class guy in the chumpatron, can not.
mircea_popescu: see, the fact that i made the fu berkshire bet and the fact i pay about 2.85% a year on average are related.
mircea_popescu: however, there exists a center of people who can't afford good tax shelters, and who could, if left undisturbed, come to one day challenge him.
mircea_popescu: buffett structures the hell out of his deals to avoid taxation.
mircea_popescu: you familiar with buffett pretending taxes "at the top" aren't high enough, and with gates donating his fortune to "good causes" and so on ?
mircea_popescu: let me explain something about this dekulakization concept.
mircea_popescu: now, when people such as me say the us agencies will have to learn to play ball or not exist,
mircea_popescu: i did it myself, and quite publicly at that. remember the patrick harnett case ?
mircea_popescu: there's a very good fundamental reason to extend credit you know will never be repaid.
mircea_popescu: the difference between these two is, obviously... your painting.
mircea_popescu: while your ability to pay is finite, you being finite, your ability to underwrite credit is not finite.
mircea_popescu: so : the bezzle fundamentally is born out of and exists for the following reason :
mircea_popescu: you remember my story with the jewish money lender taking a painting and other payment in kind for debt ?
mircea_popescu: much in the manner hearn is using his "i was at google" thing.
mircea_popescu: they can then use those on the stripper and prostitution circuits as extras "cause we're pornstars"
mircea_popescu: for the same reason most girls with great fuck videos PAY to participate.
mircea_popescu: soon it's going to cost you money to be "working for google"
mircea_popescu: the same shall soon apply to tech, we're witnessing a "professorisation" and "tenurisation" of tech.
mircea_popescu: sure. to take things from yet another angle : you're familiar with greenspun's analysis of why women don't go into science.
mircea_popescu: it's getting there, and soon sv will be in fact chinese dormitory style.
mircea_popescu: so anyway : only recently has tech become respectable, and as such it couldn't historically afford the huge bezzle-usd load of owning real estate outright.
mircea_popescu: what else in this world is there for her to salivate for ?
mircea_popescu: asciilifeform why ? the 16 yo should salivate after the cock.
mircea_popescu: buffett still does not invest in them because, politely, "he doesn't understand them", but factually "not in his wot"
mircea_popescu: yoiu have to consider the history : only very recently have tech companies become "Respectable"
mircea_popescu: efficiency is a COO not a CFO job. in other words, you don't reduce it financially
mircea_popescu: it does however stress the distribution of turkeys, if nothing else then because new price tags keep having to be printed.
mircea_popescu: increasing the engineer's pay does not increase the number of turkeys.
mircea_popescu: asciilifeform ok. considering the what/how debate as accepted foundation : at any time there's a number of turkeys and a number of engineers.
☟︎☟︎ mircea_popescu: if by that year you're not fucking thankful you started, you may negrate me in all fairness.
mircea_popescu: punkman srsly, make a blog, write up one of these a day, each day, for a year.
mircea_popescu: i'm just here waiting for people to type, not busy in any sense not able to go anywhere, life of dreamz.
mircea_popescu: punkman incidentally, why not make yourself a career out of this ?
mircea_popescu: still... i wouldn't trust the guy just on the grounds he exists.
mircea_popescu: hard to call, really, because the minerals exploration business (as discussed previously here) is kinda builty to work like this and there do exist occasional legitimate corps that get the brush treatment anyway
mircea_popescu: QUOTE: "This is why the term "fictitious profits", definitely applies.
mircea_popescu: "The CEO of GreenBank has over 40 years experience investing in small caps"
mircea_popescu: ;;later tell moiety localbitcoins had some technology-enthusiastic policemen pull some "sting operations", which were kinda lulzy in their braindead stupidity but probably spelled out actual financial and emotional pain for the unfortunate parties to get involved in the bureaucracy's quest to justify its continued existence. i imagine it's gone as a result.
mircea_popescu: punkman are you like on a special list or something ? where do you find all this stuff ?
mircea_popescu: jurov lol seriously, random guy out of nowhere "has made teh policez" ? how very meek of him :D
mircea_popescu: chetty the irony here is that whether he is actually physically distinct from the next derp or not makes little difference. stupidity is quite fungible.
mircea_popescu: when forumanon says of mp what obama&co say of putin, we know we're living in the best of possible worlds.
mircea_popescu: but the leaders of the sheeple bleating this nonsense on the forum said the same thing about the man that spanked them.