365800+ entries in 0.106s
mircea_popescu: you know i like bluematt more and more as time goes by
mircea_popescu: jurov how much do you owe ? we'll take .75 btc for all teh great ideaz
mircea_popescu: i can't believe todd actually went to work for mastercoin.
mircea_popescu: the problem with vaudeville is that you're stuck mimicking mainstream
mircea_popescu: can't hold the btc hostage till china. that may be 55 years.
mircea_popescu: pankkake even if it is, for what good reason would it stay that way ?
mircea_popescu: that bitcoin not spent is better than bitcoin spent we could perhaps live with.
mircea_popescu: all i have to do all day is sit here and admire how people fail. i don't even have to do anything at all. just sit pat.
mircea_popescu: KRS1 there's a more subtle problem than the spending bitcoin thing.
mircea_popescu: 287.84 of which out of businesses that did less than $1m historically.
mircea_popescu: worthless businesses built on worthless models with no defensibility whatsoever by worthless ycombinated minds.
mircea_popescu: i don't think you realise how rare deidcated servers were in 2011.
mircea_popescu: derp. anyone knows this daniel fellow from the mises circle website ?
mircea_popescu: "Anyone who likes Bitcoin really shouldn’t want any new currencies to be created."
mircea_popescu: generally your pocket starts enriching once impotence starts showing up
mircea_popescu: the datasource (china's stat bureau) has pretty much given up on publishing data
mircea_popescu: in a more wtf line of inquiry, check out this bet that just closed :
mircea_popescu: being a pseudo-ceo of a pseudo-corp which does a kickstarter thing, you are a whatever, etsy service representative.
mircea_popescu: in short, being an actual ceo of an actual corp which does an actual ipo, you are a professional.
mircea_popescu: an ipo is more like, i am a carpenter, give me money to carpent. the investor has no recourse as to whether the carpenter buys a hammer or a saw,
mircea_popescu: in which case i suppose if you take the beermoney and buy pot daddy has the recourse of wtf, i gave you that twenny for beer not for pot.
mircea_popescu: right, but that's more like a "daddy, gimme some dough to buy beer" sort of venue
mircea_popescu: da fuck was tha tthing called anyway, fundkicker, gofuckme, what.
mircea_popescu: you're basically proceeding into some sort of glbse/kickfunder extrapolation as if it were a thing
mircea_popescu: mike_c well, there's only prototyping for one board reported yet, and moreover most of the cost is engineering time, which obviously doesn't show
mircea_popescu: we're saying that the quick increase in the btc rate puts responsible, competent ceos in the position where they forego fiat deployments
mircea_popescu: KRS1 "if the IPO requests $X amount of dollars to fund project Y" contradicts " convert BTC to fiat"
mircea_popescu: for instance : if you think the dollar is going to shit, you're better off buying euro, than buying Ford shares on the thinking that ford does business in yurp
mircea_popescu: than to invest in corps that use it but have foreign assets.
mircea_popescu: KRS1 well sure. but in principle, yeah, if you don't trust a unit of account it's saner for you not to hold it at all
mircea_popescu: i guess in retrospect this is yet another one of those places where naive "financiers" of the glbse troop confused discting things cause well, what did they know
mircea_popescu: that's how board meetings work, where the board selects ceos
mircea_popescu: some of them make good calls, some of them make bad calls.
mircea_popescu: let them either put the fire out or else let the fire run out and see what it's worth
mircea_popescu: KRS1 that you don't want to buy a house on fire at the list price.
mircea_popescu: if people were actually willing to pay for music this may be a brilliant idea.
mircea_popescu: ThickAsThieves because the club house is mostly populated by retards.
mircea_popescu: you're in the wrong business because your business just got better ?