mircea_popescu: no, on porn.

mircea_popescu: but i know plenty of hungarian folk that really killed it in the 90s

mircea_popescu: each his own

mircea_popescu: every country ends up doing something. while hungary owned porn romania owned computers.

mircea_popescu: doesn't seem likely you'll ever know that.

mircea_popescu: ungary is a tiny country.

mircea_popescu: and a bunch of other stuff.

mircea_popescu: so is gecad

mircea_popescu: i dunno, rav for instance is a romanian startup

mircea_popescu: BingoBoingo i thought they had interwebs too, no ?

mircea_popescu: what's a socioeconomic perspective

mircea_popescu: they get free food and net access afaik

mircea_popescu: BingoBoingo i wonder why not more people starting businesses from inside a us prison

mircea_popescu: so not really any sort of lottery.

mircea_popescu: technically speaking the cards in the deck are a deterministic machine

mircea_popescu: and evil.

mircea_popescu: well, not a bad way to spend a life.

mircea_popescu: generally, the prisons are full of people who perceived they can't afford to play their chosen game and decided to try and play anyway.

mircea_popescu: as it is you're proceeding on a very poor sample

mircea_popescu: well, they'd be the use to you that they'd give you a useful picture of the world.

mircea_popescu: you don't know the names of all the dudes that you don't know the names of.

mircea_popescu: you only know the names of these dudes because you know the names of these dudes.

mircea_popescu: no listen.

mircea_popescu: ninjashogun you know what the selection fallacy is ?

mircea_popescu: maybe we should have a bet : katecraig wood delivers before yarvin's submarine plane stops leaking.

mircea_popescu: still leaking ?

mircea_popescu: how's the esteemed mr yarvin these days ?

mircea_popescu: asciilifeform i thought you used to be a duke

mircea_popescu: well once your hardwar estart-up succeeds this will be pretty epic material.

mircea_popescu: incredible.

mircea_popescu: that's a very small amount of harem right htere.

mircea_popescu: 150/month living arrangements ?!

mircea_popescu: asciilifeform i think you have to have a residence and income

mircea_popescu: how great is this, they've invented the free lunch (again)

mircea_popescu: so if it's valuable to X, why should Y pay for it ?

mircea_popescu: BingoBoingo "Access to a special education classroom, often called a "self-contained classroom or resource room", is valuable to the student with a disability."

mircea_popescu: they can harp about obscure currency nobody heard about, they still won't bow to bitcoin

mircea_popescu: fuckwits

mircea_popescu: "We survive on donations averaging about 50 lei. Now is the time we ask. If everyone reading this right now gave 25 lei, our fundraiser would be done within an hour."

mircea_popescu: i wish us schools went back to teaching logic and shit instead of all this self esteem and marketing bs they do

mircea_popescu: so you're zuck now ?!

mircea_popescu: what's this, risk taking for fun and profit

mircea_popescu: you're on to creating counterfactuals about me now ?!

mircea_popescu: woz was never a billionaire.

mircea_popescu: now tell me again about "the environment"

mircea_popescu: that comes down to... 7 dollars an hour.

mircea_popescu: no, it's about wozniak working his ass straight for 700 bucks, over 4 days.

mircea_popescu: grep for bushnell offered

mircea_popescu: http://en.wikipedia.org/wiki/Breakout_(video_game)

mircea_popescu: actually look at that, it's on wikipedia.

mircea_popescu: here's a little known anecodte, kinda instructive as to the sort of guy jobs was :

mircea_popescu: it's damned thin

mircea_popescu: well so then stop hopping up and down on it

mircea_popescu: dude, you know like a thin sliver of the pudding top.

mircea_popescu: jesus god.

mircea_popescu: asciilifeform yeah them

mircea_popescu: you know what a non sequitur is ?

mircea_popescu: asciilifeform remember the hot ukrainian chick ? anna whatever ?

mircea_popescu: ninjashogun or so you think.

mircea_popescu: you don't understand dood, i read in the guardian that the us caught a bunch of russian spies by displaying a dazzling array of technical superiority.

mircea_popescu: lol.

mircea_popescu: asciilifeform wait but isn't that illegal ?!

mircea_popescu: and oyu know this because why

mircea_popescu: ninjashogun counterfactuals are good for reddit masturbation. this isn't a good venue for it.

mircea_popescu: well then we can end this conversation right here

mircea_popescu: the vc circus as you represent it has not produced facebook, has not produced google, will never produce anything.

mircea_popescu: ninjashogun none of the examples you cut out of the real world and pasted onto your model as "eventual upper bound results" have anything to do with the model itself.

mircea_popescu: ThickAsThieves so you're basically like thickoshi... abandoned it ?

mircea_popescu: ninjashogun no , it does not. it has nothing to do with anything other than the particular way the usg implements welfare for a certain subset of the youth population.

mircea_popescu: asciilifeform what they use that as a sort of cardano ?

mircea_popescu: this isn't the fiat world.

mircea_popescu: anyway, this vapid "half lie" model, and all the cruddy webapps/mobile apps stuff has very little life left in it, even in the fiat world.

mircea_popescu: ninjashogun what's the problem with being called an idiot iyo ?

mircea_popescu: oh great.

mircea_popescu: eh, whatever you do it's gonna be good for you.

mircea_popescu: ughlol how old are you anyway ?

mircea_popescu: or look at the sad history of digg

mircea_popescu: ninjashogun a dubious proposition. look at the recent business insider refinance,

mircea_popescu: seems sugar'd have a better shot.

mircea_popescu: i drink, sure. but that's a drug now ?

mircea_popescu: i suspect i'm the only clean one here actually.

mircea_popescu: anyway : there isn't a magical word manipulation thing that makes businesses.

mircea_popescu: druggies are the same way.

mircea_popescu: now what ?

mircea_popescu: every possible local app is a bad idea.

mircea_popescu: snotchat

mircea_popescu: lol

mircea_popescu: wetsnatch ?

mircea_popescu: stick around, learn, make sense, over time you may become useful.

mircea_popescu: ughlol notrly. you're not known well enough for me to do anything like that.

mircea_popescu: there's nothing more expensive than free.

mircea_popescu: africa is chiefly a shithole today because the west has been dilligently observing a progreamme of giving them "free" shit.

mircea_popescu: ninjashogun giving money to people for the reason that they're people never ends well.

mircea_popescu: basically.

mircea_popescu: so no, it'd not be a good idea.

mircea_popescu: ninjashogun you have your answer ready : vcs do exactly that, and they lag the indexes.

mircea_popescu: your idea is principally of the second type, and as such it requires the usual trappings of rent seeking (ie, power).

mircea_popescu: yes, well, basically economic activity can be divided in entrepreneurial (which expands the pie) and rent seeking (which redistributes the pie)

mircea_popescu: ughlol do you understand the concept of "rent seeking" ?

mircea_popescu: so i guess now you can appreciate the luck point.