359500+ entries in 0.157s
mircea_popescu: romania has since been stockpiling gold, it holds more per capita than most countries, and it enjoys the advantages
mircea_popescu: nah, the local cb guy nixed the euro long ago, much to everyone's wtfitude. turns out he was right.
mircea_popescu: BingoBoingo well sure, but the differences are more marked than the similarities.
mircea_popescu: decimation but it has. romania for instance is on the gold standard.
mircea_popescu: BingoBoingo inasmuch as it's mostly a reddit driven "omg we're retarded" panic, i doubt anyhing at all.
mircea_popescu: herbijudlestoids yeah that's prolly because your dataset only has one drop
mircea_popescu: decimation it's not even a fantasy. has plenty of actual usecases.
mircea_popescu: asciilifeform and consequently making an android masturbator will be illegal because it could be used to plug the claw ?
mircea_popescu: decimation so basically all crime stems from the existence of the state.
mircea_popescu: <asciilifeform> incidentally, if the avaricious idiots move everybody to RFID cards sans crypto challenge/response << even if it has a challenge system, if it's made by the bank ppl... heh. glwt.
mircea_popescu: seems that your link supports the notion it is indeed visa fining.
mircea_popescu: punkman " Visa and MasterCard levy fines against acquiring banks that retain merchants with high chargeback frequency. "
mircea_popescu: it used to be 8% in romania for a while, until the card people finally gave up_
mircea_popescu: (actually some strategic large merchants get paid to use cards on a regular basis
mircea_popescu: small time merchants with a shop or w/e are being reamed, but that doesn't really show in the bottom line
mircea_popescu: anyway, it's more complicated than that. if you think paypal is paying anyone anything when it gets chargebacked...
mircea_popescu: asciilifeform not THAT expensive or else amazon'd be out of business.
mircea_popescu: nobody cares, nobody checks, the bitcoin algo is quite efficient at stabilizing issuance in spite of hash volatility
mircea_popescu: pankkake Shakespeare just write an interpolation script by time
mircea_popescu: those who make bills also sell them for pennies on the dollar to those who have the means to pass them
mircea_popescu: asciilifeform for that matter, the carded amount has to be gotten out of the bank
mircea_popescu: generally speaking you're best served by going the other way
mircea_popescu: srsly, it costs 12 cents to make them and the world isn't awash in fakes ? just... how.
mircea_popescu: asciilifeform i am blown away that most us bills arent counterfeit atm.
mircea_popescu: "World's Leader in Financial Cryptocurrency Contracts IPOs"
mircea_popescu: pankkake can you also write an irc bot so we can set the number of coins arbitrarily /
mircea_popescu: is to make the production process cost more than the nominal value
mircea_popescu: well technically bills these days are more expensive to make than their face value, so it is a sort of pillage
mircea_popescu: fun fact : destroying fiat bills has no destructive effect on fiat.
mircea_popescu: asciilifeform he meant "sucks moneyness out of fiat competitors"
mircea_popescu: anyway, the btc is 8bn out of a 10bn market story depicted there is off.
mircea_popescu: dude check it out lol. i wonder what all the people with jobs must be thinking
mircea_popescu: seriously ? that amply exposed scamcoin is worth dough ?
mircea_popescu: benkay except not in a million years has ripple done anything of the sort lol
mircea_popescu: pankkake ahaha ripples #2 ? dude get out of here with this bs,
mircea_popescu: benkay you can not pull the wool over our eyes sir, we know all about it said he knowingly.
mircea_popescu: ever since it became small in japan sex is pretty much doomed huh.
mircea_popescu: you know, from all the free sex going out in the free country.
mircea_popescu: the cascadian movement produced weird music and a lot of new lice infections.
mircea_popescu: davout do you have une ministresse du denuement productif aussi ?
mircea_popescu: that's a new angle : if you read the stuff crypto-whatever wannabe exchange publishes, you're roughly in the same set with idiots and grannies that still read the spam emails they get, tune in for cnbc newscasts etc
mircea_popescu: "It seems like neither Cryptostocks or the issuer behind this have the time to read throu the contracts before they publish it these days, "
mircea_popescu: eventually you notice you can only fuck so much and stop caring