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mircea_popescu: it's one of those age old stories in industry "ah, who's ever gonna know" then 2 years later... bam someone burntests your shit on a large scale
mircea_popescu: yeah actually, the happenstance of btc and the particular usb implementation some miner manufacturers happened to use really exposed a lot of crap the usb manufacturers were hiding under the rug for years
mircea_popescu: ow crap, now i'm talking to ignored people off the chatlog.
mircea_popescu: theo are you like retarded ? about a dozen people in this room found me just fine wtf.
mircea_popescu: the people responsible very much going around talking about things as if.
mircea_popescu: bfl is in the same situation, the entire bitcoin foundation structure is basically... that.
mircea_popescu: <Mats_cd03> what is dead will never die <<< this, basically.
mircea_popescu: which is why i don't argue, it'd be like insisting "barracks" should be spelled "kaserne"
mircea_popescu: no argument it has purpose, but the structure and therefore the convention and meaning imo far exceeds the purpose
mircea_popescu: if you look at it unbiased it's shockingly organised, and arbitrarily so
mircea_popescu: the reality underneath. who said they must have "faucets" ?
mircea_popescu: anyway. the rms life and culture seems now a failed experiment. gpl was perhaps a good idea, but gpl 3 is an unmitigatedly bad idea, and so it goes. they wanted to kill bsd and in the end bsd killed them.
mircea_popescu: pure fundamental open-market research. more valuable than 99% of all economics papers to be published in 2014
mircea_popescu: copy the entire altcoin subforum, define 50-100 measures, see how standardised the offerings are, do a over time survey
mircea_popescu: they have an announcement format, this is what one should do a master thesis on
mircea_popescu: by the way, anyone else noticed how quickly the altcoin subforum standardized ?
mircea_popescu: maybe their entire country only has one university so it's kind-of redundant ?
mircea_popescu: then it turned out that in fact yes all people do it, but the ability to SMELL it is the genetic trait
mircea_popescu: fun fact : mercaptane actually is a natural byproduct of asparagus digestion in mammals. for a long time people imagined the ability to excrete it in urine is genetically dependent, as apparently not all people did it.
mircea_popescu: what the heck do you mix to go from one to the other ?
mircea_popescu: incidentally... 3d molecularbiologizing... get cartridges of all the elements, print any substance.
mircea_popescu: i guess it'd have to be implemented electronically rather than chemically.
mircea_popescu: nah, non-compliant corps will crush the entire system, from sec down to all corps and their subcontractors.
mircea_popescu: with the mention that those WERE the good accountants. they won't be, in a decade or two.
mircea_popescu: and the actual clients, of course, but that's slowly coming into place.
mircea_popescu: you need to be in the wot and have a reputation before you'll get demand from any clients
mircea_popescu: i think tho the consolidation of subsidiaries can be done easily by a) disalowing unlisted subsidiaries and b) mark to market.
mircea_popescu: hopefully more of that stuff can go in as more of your profession start being available for the corps to do the stuff.
mircea_popescu: the executive leadership is for taking the burns once it blows up
mircea_popescu: benkay either that or "sorry, but we had to spend it eventually"
mircea_popescu: after last month's haha aren;t you glad we didn't spend anything
mircea_popescu: no, but i gotta follow up with something for investor's benefit.
mircea_popescu: moreover, an important point to be considered is that the real assets of btc corps act as an absolutel bottom in the btc exchange.
mircea_popescu: "oh if only we had spent btc at 1200 to acquire real goods now worth 2x in btc"
mircea_popescu: benkay speaking of that discussion, this month is quite the reverse.