347600+ entries in 0.112s
mircea_popescu: which is really why it's so fun to humiliate and torment them, the naked emperors of power.
mircea_popescu: mat dimon is powerless to do anything about anything, one regular here is a lot more powerful in that WE ACTUALLY CONTROL our bitcoins.
mircea_popescu: there;s no such thing as "powerful" in the fiat world, being it a politician including obama, or a media personality including whoever the fuck you watch, or a financial guy.
mircea_popescu: rarely has one such a conveniently diplomacy-immune position.
mircea_popescu: you want us to confiscate your investments fine, you don't want us to also fine.
mircea_popescu: you want the gas fine, you don't want the gas also fine.
mircea_popescu: the obscure part in all of this is what exact space for diplomacy does russia need here ?
mircea_popescu: "He (John Kerry) made clear that continued military escalation and provocation in Crimea or elsewhere in Ukraine, along with steps to annex Crimea to Russia would close any available space for diplomacy, and he urged utmost restraint," the official said.
mircea_popescu: Furthermore the local linearity of any utility curve means that the micromort is useful for small incremental risks and rewards, not necessarily for large risks
mircea_popescu: However utility functions are often not linear, i.e the more a person has already spent on their safety the less they are willing to spend to further increase their safety. Therefore the $50 valuation should not be taken to mean that a human life (1 million micromorts) is valued at $50,000,000.
mircea_popescu: (e.g., how much they are willing to pay for safety features on cars) a typical value is around $50 (in 2009)
mircea_popescu: An application of micromorts is measuring the value that humans place on risk: for example, one can consider the amount of money one would have to pay a person to get him or her to accept a one-in-a-million chance of death (or conversely the amount that someone might be willing to pay to avoid a one-in-a-million chance of death). When put thus, people claim a high number but when inferred from their day-to-day actions
mircea_popescu: punkman i suppose the putin-ness has to do with ethnicity. eyck painted locals and putin is apparently baltic stock
mircea_popescu: bitcoinpete i don't think author even understands there's any depth to the matter. the bread's all flat to him, like he was born in the internet age.
mircea_popescu: "If the paintings have tons of little people in them but otherwise seem normal, it’s Bruegel. ajahaha
mircea_popescu: at the very least mike_c and benkay'd be very interesting in their stuff.
mircea_popescu: they (ie, indian govt) recently opened the vault of donations of one of the larger temples
mircea_popescu: if you think anyone can compete with buddhism over that you're nuts, they probably have more than all the others combined.
mircea_popescu: MisterE: Little late for that eh? < lawl. it's what bystanders do, usually. comment on future events as they perceive them, which obviously to the actual players are long past.
mircea_popescu: but if you go by headcount i guess you gotta count the muricans.
mircea_popescu: generally they're ignored for their complete lack of intellectual production and cultural impact
mircea_popescu: i guess you can include the various protestant and neoprotestant sects in there.
mircea_popescu: judaism -> orthodoxy -> catholicism -> islam, same thing
mircea_popescu: nobody in the business seriously considers the branches apart from the root.
mircea_popescu: bitcoinpete you know, there are numerous religions longer lasting than the catholic church
mircea_popescu: Transactions are recorded automatically every 5 minutes from this page, which displays all Bitcoin transactions from Mt.Gox that have not been confirmed for 2 or more hours according to their wallet software.
mircea_popescu: usa tobaccomuch more productive. i guess bans help indeed.
mircea_popescu: in fact, it bolsters it : intl only pm does substantially equally well as the us-only pm
mircea_popescu: mike_c yeah it doesn't substantially alter the argument
mircea_popescu: The trademark is a subsidiary of and owned by Conair Corporation which acquired the brand following Cuisinart's bankruptcy in 1989.
mircea_popescu: they don't really make the cuisinarts in the us anymore do they
mircea_popescu: but i can't readily think of anything which'd be improved by being made in the us.
mircea_popescu: then there was a war and a number of unfortunate choices... and by today people may want japanese stuff,
mircea_popescu: it was like... people actually came an extra distance with oxen fucking carts just because of that cool.
mircea_popescu: my grandfather was a mayor, and a bunch of other things, but the one true source of public respect was that he owned and operated an american mill
mircea_popescu: it's what happens when places go to shit. everything goes down.
mircea_popescu: and making sense. and making money. and generally everything.
mircea_popescu: so there you have it : smoking is down and the industry makes a degree of magnitude more than social media.
mircea_popescu: BTI is probably a better example. ~5 per share in the 80s, 100+ per share now.
mircea_popescu: much better profit margin, too. twice as good, in fact.
mircea_popescu: about 7x as big as facebook, to put it in terms readily digestible by the online crowd
mircea_popescu: PM was trading ~50 a share in 2008 and is trading ~90 a share now