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mircea_popescu: KRS1 i can top that : all through the late 2000s, a coupla banks here sold suckers house loans denominated in swiss francs, on the premise they were ~1% cheaper interest. this, after fees and all, amounted to maybe 500 bucks saved.
mircea_popescu: if you're thinking of such deals then you must have the credit and connections already which'd allow you to pick up a mil or two on something under 5% a year on the basis of you putting up a quarter of the cost or less in cash.
mircea_popescu: knotwork if you wish to run the dc then you definitely want to bring a real estate/finance type on your team.
mircea_popescu: KRS1 this is the time of day the delivery boys are fucking the pizzaiolo gals.
mircea_popescu: knotwork then perhaps the right move is to partner with a bank, take a loan at a decent rate if possible, pad your costs and buy extra miners.
mircea_popescu: i mean all through late 2000s average folk figured they're in real estate, "honey the house made more than i did this week",
mircea_popescu: i tell you tho, real estate is a professional line, like any other.
mircea_popescu: maybe one of the miners/pools/asic producers is looking for space.
mircea_popescu: well they're not useful to me, i don't much care for real estate and i know nothing at all of that market.
mircea_popescu: i don't know there's any coo willing to work at yahoo, unless you end up taking twitter experts or something
mircea_popescu: wait. the claim is that doge mkt cap > 2x ltc mkt cap ?
mircea_popescu: it couldn't have possibly mined 8mn in the 6 weeks it was alive
mircea_popescu: that matter of time will have to wait for after i'm dead.
mircea_popescu: pankkake i kinda liked the guy with the "funny how openbsd elec bill is paid by the result of bitcoin mining"
mircea_popescu: pankkake so logically, if bitcoin isn't money and it's bad to make money with money, then bitcoin is good ?
mircea_popescu: decimation that'd depend. i'm not a us citizen, so perhaps is like asking me if i'm a christian democrat
mircea_popescu: five minutes ago i didn't even know that site existed. oh internets.
mircea_popescu: ie, you can never get rich under a fiat system, all you can do is become poor. it's at least the consensus of pre-fiat economists everywhere.
mircea_popescu: yes. obvious stuff like "the us was made great BY inequality and was rendered pitiful BY equality"
mircea_popescu: this log will be useful the next time the clueless start-up ceo knowitall starts namedropping tech stuff.
mircea_popescu: i suppose since everyone linked my twitter i should fish out a password for that account huh
mircea_popescu: if your tax return exceed the official "has made it figure", they send you your moving papers.
mircea_popescu: there should be a special department of ibiza, aruba and whatever, attached to the irs.
mircea_popescu: "A lot of people on the Bitcointalk forums have made educated guesses, the fact is he still works on his business and charges for subscription to his blog, I doubt he has amassed the largest stash of Bitcoins in the world."
mircea_popescu: the glbse & successors numbers were pretty fabulous, back in the day someone still thought it's funny
mircea_popescu: that may be a point, i suppose a good chunk of people hanging on past the three month noob expiration date do so strictly on the basis of insulating their thinking and their memory.
mircea_popescu: after noon, hail of post explaining how the author has been always [or at least past six hours] saying the sun was always there and it won't ever set, either.
mircea_popescu: the way internet analysticing works is like this : the sun rises. up until noon, hail of posts explaining how it's the moon, the aliens, the weather baloons
mircea_popescu: i like all the "no way there is a bitcoin billionaire, brb let me push the stock up"
mircea_popescu: turns out openbsd really is quite popular in all the places that aren't social media.
mircea_popescu: so openbsd went from being in the red to 100k overnight huh. cool beans.
mircea_popescu: "the asset i built on #bitcoin-assets". could be like a calendar next year.
mircea_popescu: prolly a record for a 3month old blog to be first page on everything
mircea_popescu: "Ah, the irony of OpenBSD paying for its computers racking up a huge electricity bill using money made by computers racking up huge electricity bills."