365400+ entries in 0.088s
mircea_popescu: imagine if after having pampered jesus for 30 years, the entire thing was suddenly taken over by baby allah.
mircea_popescu: to have, within their lifetime, their cookie stolen by a newcomer...
mircea_popescu: well in their defense, they just rooted for the correct principle their whole life, fighting valliantly for their sanity as an oppressed minority.
mircea_popescu: nevertheless, it's still just as much dicking about with shit we know.
mircea_popescu: you never know which exact word combo is some guy's aha moment.
mircea_popescu: he does get a lot of mileage in wordcount out of restating the banal, but he does so in a pleasant form and this is a good thing,
mircea_popescu: this strengthening the chief pillar of all hermeneutics.
mircea_popescu: or in other words, the reasons all the "experts" in old-fiat crap give for bitcoin's failure
mircea_popescu: more importantly tho... there's no rational way to represent property in yet-unmined blocks. this is so obvious it escapes notice
mircea_popescu: bitcoin is immune to human agency, which means you can't pass a law to hinder it's fungibility.
mircea_popescu: so the driving force isn't bitcoin's immunity to the legal tender law,
mircea_popescu: whereas you have a positive incentive to mine bitcoin.
mircea_popescu: in short : a land deed on a gold field is as good as gold itself. you have a negative incentive to actually mine it.
mircea_popescu: it's,,, just as gold, and just as burried, where it stands.
mircea_popescu: just put up a sign, National Bank of Romania Gold Vault, Rosia Montana Division on that mountain and be don with it.
mircea_popescu: why bother with all the digging, all the cyanide ponds, all that, just to get gold out fo the ground, move it 500 miles south west and then... dig a hole, put it there and guard it ?
mircea_popescu: my objection, and i'm confident the thing that sunk the project (not for it being mine, but for it being sound) is simply this :
mircea_popescu: they;ve been trying to push this deal for the entire decade, hiring pr, doing tv shows, paying the idiots living there fiddy bux a head to go "omfg we're dying of hunger", the works.
mircea_popescu: about ten years ago a mining group formed to cut out one certain mountain, convert it to gold (and silver, palladium, tungsten, etc etc) and pay the government 20%
mircea_popescu: the austrians mined it, transylvania still sits on a pile of untold millions of ounces.
mircea_popescu: what i mean by this is : romania sits on a mountain of gold. it was the main source of minable gold for the roman empire, when they finally conquered dacia the local king's treasury financed 100 days of straight games with plenty left over.
mircea_popescu: the reason they didn't is that gold has a negative mining return.
mircea_popescu: anyway, the arguments he makes are mostly sound and generally banal, it just so happens they didnt work out for gold.
mircea_popescu: well this article does a lot to explain his psychological drive in being so bitcoin-butthurt
mircea_popescu: it always pisses me off, because the kid is clearly bright and yet clearly wilfully stupid. anyway.
mircea_popescu: decimation now you're making me read more of that stuff.
mircea_popescu: decimation even without going into all of that : bitcoin has massive advantages over fiats. chief among which its fungibility.
mircea_popescu: good god, anyone sane filming that'd have had her half hour nude and the rest in latex.
mircea_popescu: aeon flux had an incredibly disappointing charlize theron in it
mircea_popescu: this seems kind-of obvious, i thought teh people making them were creative and like... taboo-less
mircea_popescu: so since y'all are a lot more knowledgeable than me : is there a manga/hentai/whatever you call the weird cartoons which is predicated on females being decerebrated at birth, kept on live support systems, used as reproductive furniture ?
mircea_popescu: that q is a lot more complex, but did you read discussion with herbi a few days back ?
mircea_popescu: decimation well, if the q is "why bitcoin rather than the altcoin" then yes.
mircea_popescu: nubbins` that view is not unlike the view that human society is basically women trying to survive men fucking their shit up.
mircea_popescu: pankkake actually it's possible that the recent rise in ass licking as a sexual practice is fundamentally driven by the need to compensate for a lack of bacterial load in the digestive tract.
mircea_popescu: complete sterility is apparently a serious health risk.
mircea_popescu: pankkake course it is. like infection you know ? there's always going to be bacteria on your skin
mircea_popescu: jborkl i got liek 19 inches of pure love throbbin' here :D
mircea_popescu: i quoted some stuff from the scamdarknet earlier, pretty much illustrating this style.
mircea_popescu: and because they're generally immoral fuckwits, who'd rather suck up to the scammer as if he were their daddy
mircea_popescu: afaik mpoe-pr going all public with it was absolutely the first case a default was prosecuted in public in btc
mircea_popescu: more importantly, at the time it was really common, to the point of being a rule, that nobody made public default complaints
mircea_popescu: at the time it was a big deal, people really bought it.
mircea_popescu: but since it's a topic, i wonder if anyone were to make a list of all the supposedly big businesses in btc ordered by the total btc sum they donated to exposing scams,
mircea_popescu: those that didn't don't get a 2nd round today, it'd be unfair to their betters, that did take it.
mircea_popescu: so then there it is : i already donated to those idiots more than what their skin is on average worth.
mircea_popescu: somehow being paid is demeaning, being drugged is empowering (this year)
mircea_popescu: meanwhile, homeless people will not refuse drugs, even cheap shitty drugs, and do anything for some.
mircea_popescu: fun fact : homeless people will refuse money, even in high amounts for easy jobs.
mircea_popescu: it's progressing, now you don't even spend money, just give them some crack
mircea_popescu: basically how did they call that thing where they paid homeless people to be abused ?
mircea_popescu: wait, is the fbi investigating vice, the drug marketplace yet ?
mircea_popescu: i have, and it changes your perspective in a particular way.