log☇︎
351700+ entries in 0.222s
mircea_popescu: put your offer in the book, if it is of this nature of a firm offer, and wait and see.
mircea_popescu: jurov seems the trade'll unwind. in fairness, you can't at the same time try to snipe bids you like, and be upset you don't see as many as you decided you need.
phf: return, if there's value in s.nsa output
phf: i find the framing odd, i thought purpose of s.nsa capital was to assist ascii in his b-a aligned, but essentially personal endeavor, which might potentially have a return. somehow it turned into "pay ascii by the hour". if ascii doesn't want to work on cardano, it's not a b-a way to coerce him, but if the project still exists, is being worked on, then money will be spent when there's something to spend it on, and there will be a ☟︎
jurov: mircea_popescu: i am actually trying to hire someone, but for that need to shift part of s.nsa stash
ben_vulpes: foundation spend << not to date
BingoBoingo: Aha, this really gets to the meat of the problem. Impatience with fiat not dying fast enough for any of us to buy Nevada on a whim yet.
adlai wonders whether the problem is "investors have come to expect", reminiscent of: "if this is not what you have come to expect, please adjust your expectations"
mircea_popescu: BingoBoingo except he doesn't seem to want them ; and besides, what confidence does a bum inspire to be a chief engineer ? ☟︎
mircea_popescu: and if alf specifically won't show up in the employment line, an exactly fungible equivalent surely will.
mircea_popescu: i dun happen to want to run yet another of those ventures, myself. but others do, and i'm sure if you're one of them you can go open an office in sf, hire head hunters and proceed apace.
mircea_popescu: jurov lettuce not be naive. the alternatives here aren't the alternatives we perceive we would prefer. it's either he's a free man and does it as such, or else he's a peon like al schwatz describes in that very well written piece.
BingoBoingo: It seems that the answer to the S.NSA problems is getting alf food stamps and section 8 housing.
ascii_shmoocon: but yes, it could easily happen 10x faster, and i'd be lying if i said that I didn't know how...
mircea_popescu: jurov did the foundation ever spend anything, i forget.
mircea_popescu: what's the hurry anywaqy, the republic has infinite times.
mircea_popescu: so i don't terribly favouring the "quickly! spend!" approach. but that's just me.
mircea_popescu: there's a lengthy list of various fiat-based stuff that tried the "low time, high money" approach. they all failed and had to be rolled up in ever-larger failed ventures, usg style.
jurov: oh, i am already doing it as foundation treasurer it has much better ratio :D
jurov: what is the ratio?
mircea_popescu: heck, i'd even list it, i dun see the problem.
jurov: except you would not accept any money cuz you don't want to pay taxes etc.
mircea_popescu: you're more than welcome to prefer a different time/money ratio, and even start a competitor.
ascii_shmoocon: but i don't expect anybody to
mircea_popescu: you'll notice that while it took a very long time, s.nsa did not spend a lot of money.
mircea_popescu: you're also wrong in imagining that anyone does anything other than in their own time.
mircea_popescu: you are wrong in the part where you presume to decide whether what other people do is needed or not.
jurov: well the situaiton is that "person who will handle the operational, research and technical aspects of the venture" does it in his own time and own money anyway and whole s.nsa is scarcely needed
ascii_shmoocon: mno, blew last weekend on the tx crapola
mircea_popescu: i dun think you understand how accounting works lol.
ascii_shmoocon: what we spent- ~15? to date
mircea_popescu: speaking of which, is phuctor back online ? it'd have been a very convenient answer for me to give a few lines above.
ascii_shmoocon: possibly i'll have to reach into sofa cushion and give the coinz back
phf: "raise capital to pay developers"
mircea_popescu: and from the looks of it investors are starting to have had enough, eh.
ascii_shmoocon: as it is, snsa is somethng i do on the train to and from 8h of garbage
mircea_popescu: it is not capital until you add it to capital!
mircea_popescu: there's no merchants left in thsi world are there. whole fucking raft of culture and its knowledges, gone from the world.
ascii_shmoocon: if there were 1000x moar of it, you would still barf at the idea?
ascii_shmoocon: but would not even feed me for a whole year, if it came to it
mircea_popescu: sez so right in the merchant of venice! ☟︎
mircea_popescu: in the sense that it doesn't buy a si fab or what ?
mircea_popescu: jurov well company sells shares, until it puts them to some use it holds on to them. what else can you do ?
mircea_popescu: eh, trade'll slowly unwind.
jurov: is "holding coins" in the s.nsa contract?
ascii_shmoocon: i often wish that we had not taken in the coinS
mircea_popescu: from experience, few beat that strategy yet.
mircea_popescu: and im not sure what is a more productive use of bitcoin than holding on to it, but ymmv.
mircea_popescu: well as described in monthly letters, all sorts of things
jurov: what is the product?
jurov: and the coins aren't going to be used prioductively anytime soon
mircea_popescu: jurov why is either of these not productive ?
ascii_shmoocon: in fact there is a reason this is a recurrent motif in afterlife myths!!
jurov: how is my relationship with s.nsa "coexisting productively" ? i can either negrate alf, or cause price to plummet yet further
mircea_popescu: and i've yet to meet anyone in an airplane crash who was ready to fly.
assbot: Logged on 16-01-2016 20:10:40; mircea_popescu: when a butt-ugly wench that should be thankful if she ever gets laid for free imagines herself above what kim kardashian / the very peak of her profession actually make, it's indisputable the self-valuation ran amok.
ascii_shmoocon: http://log.bitcoin-assets.com/?date=16-01-2016#1373053 << i've yet to meet anybody who was ready to be revalued 'as worth' ☝︎
mircea_popescu: and maybe there's a 3.
mircea_popescu: inept whining to the degree that "people might, and how do we know they won't" and etc are not germane. that's why there's the wot and fore that matter when's the last time you ate soup with a turd in it ?
mircea_popescu: 2. decentralized world, and powers of varying magnitudes coexisting productively is an ~ecological~ problem. of exactly the nature of "don't shit in the soup bowl".
mircea_popescu: anyway, to get back to things : 1. a thriving middle class means very strictly, ruined-usg-everything as well as scandalously oppressed orcs. this is what it means, this is what'll happen because middle class is not negotiable.
BingoBoingo: I'm already trying to unlearn it as best as I can without relapsing
ascii_shmoocon: and holyfuq are these talks snorefest ☟︎
BingoBoingo: I just want to mention it exists.
BingoBoingo wasted too much of my life reading a piece by Simon Edhouse of David Thorne fame. Copholarchaeologist can find it themselves
mircea_popescu: ascii_shmoocon i'm pretty firmly dedicated to having spectacular sex with any and all mps. why kill each other ?!
mircea_popescu: but hey, if you have some way to speed up alfie i'm all ears :D
mircea_popescu: ascii_shmoocon da fuck, i only killed idiots to date.
mircea_popescu: jurov if you want now, the offer is -11%. if you want +10%, you'll have to wait and see.
ascii_shmoocon: nature doesn't make'em often and they tend to kill one another..
jurov: how do i fix the timescale? by abducting ascii_shmoocon to north korea?
mircea_popescu: other than, of course, "easier to be lazy and there's welfare anyway".
mircea_popescu: this has nothing to do with me.
mircea_popescu: jurov yes well, generallty the way investing works is that you can either fix the margin or the timescale.
jurov: and 200`000 @ 0.00029000 but i don't expect that one to be hit any soon
gribble: Do you really want to be making this much money when you're 50?: <http://yosefk.com/blog/do-you-really-want-to-be-making-this-much-money-when-youre-50.html>; The "high-level CPU" challenge - Yossi Kreinin: <http://yosefk.com/blog/the-high-level-cpu-challenge.html>; Why programming isn't for everyone - Yossi Kreinin: <http://yosefk.com/blog/why-programming-isnt-for- (1 more message)
mircea_popescu: jurov there's whatever, 50k at 10 under par and 200k more at 50%. how much did you sell or what exactly are you discussing here ? where's your sell bids at ?
mircea_popescu: the degree computing "science" degraded, a woman's a much better model for a computer than any sort of nonsense that sterile homosexual turing came up with !!11
ascii_shmoocon: another legendarily terrible example
mircea_popescu: and use them happily.
mircea_popescu: what of it ? i still own them.
mircea_popescu: next you're going to say love is a fantasy, and so is liberty, and then ima say knowledge is a fantasy and you'll what, agree ?
mircea_popescu: in that sense i suppose.
jurov: who has the coins then?
mircea_popescu: for one thing i'm a fucking minority partner in that venture!
jurov: can i haz it tomorrow?
mircea_popescu: how's that make me the owner ?!
mircea_popescu: for one thing, i've been spending so much effort trying to prevent exactly that sort of thing it's nigh on taxing friendship.
mircea_popescu: how teh f do you depend on me ?!
ascii_shmoocon: ted turner could
jurov: and how do you propose to have 15k independently wealthy? dependency is better strategy
mircea_popescu: wire ten dollars to isis.
ascii_shmoocon: what, exactly, can't they do ?
mircea_popescu: replace the courtiers with march lords ftw.
mircea_popescu: they're ~= to the french "nobles" at versailles. circus act.
mircea_popescu: ascii_shmoocon no, because none of them can actually do anything.
mircea_popescu: where you can get 1% of the world's wealth in a room, but if you want 10% you need a small city. etc
ascii_shmoocon: and there is already a lizard caste, may even number 15k...
mircea_popescu: you get something closer to a linear distribution.
mircea_popescu: instead of today's arrangement where you can fit the nominal owners of the world in a fucking room, whereas every fucktard worth ~0 out there derps about how "black lives matter" as if obviously his did,