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mircea_popescu: no, it's about wozniak working his ass straight for 700 bucks, over 4 days.
mircea_popescu: here's a little known anecodte, kinda instructive as to the sort of guy jobs was :
mircea_popescu: asciilifeform remember the hot ukrainian chick ? anna whatever ?
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: ninjashogun counterfactuals are good for reddit masturbation. this isn't a good venue for it.
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: 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: ninjashogun a dubious proposition. look at the recent business insider refinance,
mircea_popescu: anyway : there isn't a magical word manipulation thing that makes businesses.
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: 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: 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: ThickAsThieves didn't even ask and ended up with "his" altcoin financed lol
mircea_popescu: ninjashogun i think you perhaps misjudge the quantity of luck involved in facebook becoming facebook.
mircea_popescu: BingoBoingo no it is not. fixed now and ima check the whole stack.,
mircea_popescu: you don't have the position to promote that particular thing. you need a different idea.
mircea_popescu: aha. so, take your time, ask whatever it is you need to ask.
mircea_popescu: very cheeky attitude, "here's the extrusion process we expect everything to go through, we'll just keep repeating it"
mircea_popescu: ThickAsThieves i dun imagine there's any proceeding to be had.
mircea_popescu: you can't try to leverage that into something that otherwise costs a whole lot of money.
mircea_popescu: i'm currently donating my time discussing things with people who otherwise would never get to talk to me, because i believe in some things.
mircea_popescu: it's not practical to discuss things with me privately. we have no basis for that, and whatever you say is perhaps useful for others, later.
mircea_popescu: so now that everyone else can be busy, ughlol what was it you wanted to discuss ?
mircea_popescu: yeah, you're prolly better off talking in public anyway.
mircea_popescu: asciilifeform when i crossed there it was like... lolk.
mircea_popescu: (ie, married couple has falling out, either one of them takes kids to mexico)
mircea_popescu: i thought that was a major issue in the us because of kidnapping concerns
mircea_popescu: what are you trying to do over here, give people sprains ?
mircea_popescu: i mean for one thing you can't even get one till you're 18 in many places
mircea_popescu: i wonder how many of the internet haxxors ever had a passport made in the first place.