369400+ entries in 0.238s
mircea_popescu: and if you want actual numbers, i just got a coupla girlies an apt.
the sale value would have been i guess 160-170k or so.
the monthly rent is 750.
the first month,
the washing machine went, and
the owner replaced it.
the next month, ac went (brother was
that an incredible pos job wow), owner replaced it. so far owner's been making 0 from his property.
☟︎☟︎☟︎ assbot: Logged on 07-12-2015 19:52:37; nubbins`: put another way, let's say you rent for a year. at
the end of
the year, what do you have
to show for it?
mircea_popescu: that may be
the hit of
the century, guys bought
the shit at 1.5 cents
to
the dollar, may well see full repayment a decade later.
trinque: I see. My line of
thinking was
that "this expediates
the decay of
those already rotting, and so what?"
assbot: Logged on 07-12-2015 17:33:37; pete_dushenski: "There's about €3bn of London Club debt "trading" at 15 cents of par last
time I checked. If you find Argentine bonds just not exotic enough" << everyone's an investor eh. p2p lending is da footoor !
mircea_popescu: obama won, on
the same
ticket. what if instead of "obamacare"
they could have peddled "free heroin!!1
these mean people want
to
take it away!"
mircea_popescu: but no,
they want
them here, living in bidonvilles "en la capital", so
they keep voting peronistas in exchange for a little flour, so
the peronistas can go
to europe and borrow "to develop argentina" and
then spend
to... fuck up argentina.
mircea_popescu: this country is roughly in
the situation of
the us cca 1815, with one major difference : buenos aires is
their new york, yes,
the port. but in argentina, 20 of 40 mn live in
the port.
that's half. in
the us, less
than 5% lived in
the port.
the rest went
the fuck
to ohio and built a farm.
mircea_popescu: figure it out, old whore de kirschner and her dumbass puddel scioli figured
they'd stay in power on
the votes of
the poor.
the very same fducking poor
they prevented from having a life. and it blew up. if only
they had meth and heroin on
their side!
trinque ought
to have considered
the effectiveness of prohibition, and not simply
the idea of it.
mircea_popescu: what's
the cost of a blowjob
to
the miner with a sackful of gold dust ?
trinque: and so
the price is because, simply,
they will pay it, as
the product causes
them
to compulsively go after
the product
mircea_popescu: and i'm going
to ride
through detroit atop a
tank and shoot
tranquilizer guns at anything
that can
twerk.
mircea_popescu: for all
they cared, cow can sit in shit up
to
the belly and get more antibiotics.
mircea_popescu: perhaps even feed
the employees
the previous employees. god knows
they did it
to
the cows, and only stopped because WE complained. not because
the cows complained.
mircea_popescu: if drugs aren't illegal walmart is going
to force-feed its workforce meth and go
through 10x as many poor people.
mircea_popescu: the choices you have before you are
the choices you have before you, not
the choices you wish
to have before you.
mircea_popescu: ate of any female aged ~14 with decent
tits and a little bit of length of bone from being forcibly injected.
mircea_popescu: so my point is,
to sum it up :
that
the prohibition of
the drug
trade has nothing
to do with economics. it is a purely political choice, of
trying
to enact equality between
the poor and
the rest.
this desperate, doomed nonsense may be ineffectual, painful, difficult, costly or what else have you, boring, whatever. it is nevertheless
the ONLY
thing
that keeps
the average lifespan of
the not-us from being ~24 ; and
the f
assbot: Logged on 07-12-2015 17:26:23; nubbins`:
treating drug abuse as crime is maybe
the dumbest
thing i can
think of at
the moment
mircea_popescu: suppose his income doubles
to $2000. is he now going
to... save $1000 ?
mircea_popescu: approach it from
the other angle,
the demand elasticity.
take cokehead with $1000 income and a $1000 drug habit.
mircea_popescu: the cost of
the blowjob, and of
the gram, and of
the bed are not a function of how forbidden it is.
trinque: this is what confounds a simple answer
to your question.
mircea_popescu: (here's a hint : imbecile argentines imagine a
tiny 1000 sqft apt is worth 150-200k usd, in
their shit
town. why ? why, because
the government's been printing money, and people kept "investing" it,
there's about
two
to five
trillion pesos
that have
to be wiped out of
the economy before it can return
to working)
mircea_popescu: what is
the principal driver of price in real estate ?
mircea_popescu: that may be. but consider
the situatuon of real estate. is "housing" a product
that "sells itself" ?
trinque: meanwhile prohibiting
the product limits and complicates
the supply
trinque: in
the conversation linked, nubbins was discussing
the newfie coke heads. seems like quite a
task
to stop
the massive demand
there.
trinque: how about prohibition of a product
that sells itself?
mircea_popescu: of course,
the concept of "average" lifespan wouldn't make any intuitive sense, wut do you mean "average".
assbot: Logged on 07-12-2015 17:25:23; nubbins`:
trinque if
there were no drug prohibition,
the world would be a better, safer place
mircea_popescu: drugs were also verboten in communist romania -
they didnt' have a price
there. you'd have died of hunger with a brick of pure cocaine.
mircea_popescu: notwithstanding
that it's doing exactly
that, and in point of fact for a reason very similar
to your
thinking, nevertheless it has obviously no prayer in hell of working. it's not even wrong, it;s unrelated.
assbot: Logged on 07-12-2015 17:24:44;
trinque: prohibition drives
the price
through
the roof, which allows
the whole
thing
to sustain itself.
assbot: Logged on 07-12-2015 17:24:42; ascii_field:
the little
trick is
that when you're
throwing away people, it helps
to make sure
that all or most of
them actually are garbage
assbot: Logged on 07-12-2015 17:22:23; nubbins`: "but won't kids born
to addict parents be fucked from
the start and stay
that way
their whole lives?" yep
assbot: Logged on 06-12-2015 20:00:47; phf: kakobrekla: phf logs fixed re
tabs and newlines << cool everything parses clean now
pete_dushenski: aaaand nov 20 was
the last
time we cracked 1000 lines in a day.
trinque: ^ along
these lines, a standing desk also helps quite a bit.
thestringpuller: pete_dushenski: do you have literature on
the yoga you do for
the computer?
thestringpuller: "ethereum investors" now reads as M$
to me. since my boss just showed me a beta
to use eth on Azure...which makes no sense.
mircea_popescu: of course,
they exist about in
the numbers "ethereum investors" exist, which is
to say purely in
the feverish imagination of various "hacker" derps
mircea_popescu: but i lol at
the sort of idiot who actually relies on
THIS for
their will.
mircea_popescu: whatever. you can put an arbitrary number in your
txn anyway, and usg-time's never going
to be anything but an arbitrary number.
thestringpuller: (since before it didn't write nlock
tx's
to blockchain.
they would just sit in mempool)
thestringpuller: peter
todd just really wanted
the blockchain
to enforce
the
time limit
thestringpuller: it never really did.
the point of nlock was
to hand a
transaction over
to someone in a "will" like form
mircea_popescu: translates
to "and
the dumb shit doesn't even work anyway"
mircea_popescu: "Implication for users: GetMedianTimePast() always
trails behind
the current
time, so a
transaction locktime set
to
the present
time will be rejected by nodes running
this release until
the median
time moves forward.
To compensate, subtract one hour (3,600 seconds) from your locktimes
to allow
those
transactions
to be included in mempools at approximately
the expected
time."
mircea_popescu: "Note, however,
that
time-based locktime
transactions are more or less unseen on
the network currently." is
the point of interest. currently, and permanently, nobody gives a shit about
the entire bondogle eithger way.
mircea_popescu: you're not obligated
to accept
txn you don't want
to accept.
mircea_popescu: so
the client won't recognize
them. what's
the problem ?
thestringpuller: apparently if client doesn't implement softfork miners can slip in invalid
tx's
that
the client won't recognize...
assbot: The Bitlove LLC spin on
their recent implosion, as presented
to
their captive audience. on
Trilema - A blog by Mircea Popescu. ... (
http://bit.ly/21KuOVi )
pete_dushenski: thestringpuller: could've also answered, "i could easily shoot you in
the stomach, wanna play chicken ?"
thestringpuller: "I could easily write you a
ticket for going 20 over" "Not without having clocked me. Good luck getting
that
through court."
thestringpuller: and I was like "D00d you must have failed physics. My car is built
to go 80 in mud, and I've
tuned it for such. Also
this is a straight away"
thestringpuller: I got pulled over going like 60, and
the cop was like "I don't want
to have
to peel you off
that guard rail"
pete_dushenski: but hey, if you can't actually afford
the cars (a la dubai), how else ?
pete_dushenski: iirc
there was a newer corvette (c6?)
that suffered a similar fate recently.
pete_dushenski: thestringpuller: pretty sure
this is increasingly common in
the states
thestringpuller: buddy
told me
that some cops confiscated a Nissan GTR from some local drug dealer
pete_dushenski: thestringpuller: i had excellent experiences with airbnb 2.5 years ago in croatia. seems like it's gone
to pot since
then.
pete_dushenski: "you're shitting on a goldmine,
trebek! if you had a penis mighter, i'd order a dozen!"
pete_dushenski: thestringpuller: or investors read and still figures "hey,
there's bigger chumps out
there
than me! i won't be
the last one standing when
the music stops! not
this guy!"
ascii_field: pete_dushenski: (do you have a crash dump or
the like ?)
pete_dushenski recently
tried using airbnb
to look for apartments in cologne, germany, not only didn't find, but computer KERNEL PANICED just by using
their cutting-edge website. fucking.
twice.
thestringpuller: I abhor cooking, only because I want immediate gratification when it comes
to deliciousness.
pete_dushenski: ^ i don't see how cooking well is an undesirable skill, but apparently i can't begin
to comprehend 'women in
tech'
pete_dushenski: @kav_p .@IBM Oh good gosh hack a hairdryer
that'll make
tech more easy for women
to understand! Next
time can we hack a delicious baked dinner?
assbot: IBM Asks Women In
Tech
To Hack Hair Dryers, Women
Tweet Back
To
Tell IBM It’s Not
The 1950s |
TechCrunch ... (
http://bit.ly/1SK0KTy )
pete_dushenski: definitely not as many windfalls in eastern canada as western canada, which is why obviously why some of our ancestors put up with
the nightmarish cold and long winter nights :)
nubbins`: and i don't
think
there were many flukes or windfalls
this far east