371600+ entries in 0.098s
mircea_popescu: the problem with humans is that they ASK to join whatever shit they then don't help with
mircea_popescu: it's not really dumb, for the ants. they didn't ask to be hatched there.
mircea_popescu: it really makes very little difference whether anyone can or can't use the bitcoins.
mircea_popescu: ha! "people claim diamonds are forever, yet they're an absolute scam. the same people claim bitcoin is a scam, but really... bitcoin is forever."
mircea_popescu: i won't name teh private, obviously, but i don't need to for this point either.
mircea_popescu: plenty more people you should know about as they're public, caldwell, the russian pirate bet guy,
mircea_popescu: course they're not "in" bitcoin according to... whatever, reddit.
mircea_popescu: but that aside, i know plenty of people with a decade or multi-decade outlook
mircea_popescu: only because "bitcoin world" as understood by muppets strictly consists of muppets, who have no intellectual ability to speak of, which limits their cognitive bubble rather severely.
mircea_popescu: tho statistically there's probably going to be one or two unlikely exceptions
mircea_popescu: VanCleef inasmuch as you limit the statement to "those venues all the forum idiots use", then you're prtobably right.
mircea_popescu: just like if nobody is actually cooking anything as complex as a pizza there's no need for italian pizza ovens
mircea_popescu: getting back to the original point, if no company is making it for 10 years then no company has any business listing.
mircea_popescu: i take your meaning tho, you will be in jail or dead within the decade, therefore the world doesn't exist and doesn't matter.
mircea_popescu: why not ? from experience, the people who did best in btc are those who locked it away.
mircea_popescu: this compounded of course by the fact that there's very few people with any sort of experience or ability in the field of bitcoin finance, and plenty of muppet venues available.
mircea_popescu: and notwithstanding that the only ipo to date to make the owner actually rich (ie, mpoe) actually listed at two degrees of magnitude less than what it sells for.
mircea_popescu: notwithstanding that no company to date lived 10 years.
mircea_popescu: such as, if my "company" may live 10 years and be worth 10 btc, then i'll be damned if i sell for less than 10 btc today
mircea_popescu: in general ipos tend to be overvalued because people suffer from a "money on the table" issue.
mircea_popescu: but for the benefit of all the noobies/forumers/etc that may get to read this : notice dear chitlins how it was the WoT that broke that request ?
mircea_popescu: seems pretty much where bitcoin is destined to go, really.
mircea_popescu: if indeed gavin's key accidentally expires with no back-ups...
mircea_popescu: with nothing but faith and this here old pair of underwear.
mircea_popescu: some kid with a coupla grand decided he's gonna get himself rich online
mircea_popescu: right, except it attaches the same dumbass windows-only zip file that's been hitting all the honeypots this past coupla months
mircea_popescu: "Hereby you are informed that you are due in the court of Houston on the 14 of January, 2014 at 10:00 am for the hearing of your case."
mircea_popescu: either can take a lifetime easily, either may just as well not deliver in the end.
mircea_popescu: the practical solutions are either to be upset or to strive to in yourself.
mircea_popescu: in people can get financed for any stupidity they wish to do. out people can not, no matter anything.
mircea_popescu: seems oddly overpriced but what do i know of red tape.
mircea_popescu: and gpg is innovation now ? i'm sorry, back to the egg nogg i go.
mircea_popescu: so basically... they pay 1k for an ipad to make it look like mpex ?
mircea_popescu: mikaeldice investing directly is much like shooting porn directly. you need an erection and you need to not be camera shy
mircea_popescu: as opposed to todaqy's indescribable retards of "we've taken a two week master's"
mircea_popescu: fascinating to read a 10 year old wsj piece, and discover how it merely sucks as compared to a coupla decades before
mircea_popescu: that "worst intelligence disaster" has meanwhile been surpassed.
mircea_popescu: so they send another spy, and... well... same deal. and then more and more. eventually they ask a defector, and the guy smikrs and says "perhaps you might try not sending black people ?"
☟︎ mircea_popescu: usa sends spy to cccp, within a coupla months they realise he'd been ferreted out and fed misinformation since just about day one
mircea_popescu: to the degree that there's this old russian joke, goes like this :
mircea_popescu: kinda impossible to have old money in a crooked place, so yeah.
mircea_popescu: the notion that there'd be a meritocracy in the us is beyond a simple lol
mircea_popescu: lmao, bureaucracy never gets sick of sucking itself off huh
mircea_popescu: " unless one includes the entity that has come to be known as the meritocracy—presumably an aristocracy of sheer intelligence, men and women trained in the nation's most prestigious schools.
mircea_popescu: for that matter, anything with that jew bimbo in it, what's his name
mircea_popescu: where real responsibility is that situation where either choice stinks, you gotta pick one and then stick with it, without redemption.
mircea_popescu: a wasp is a kid that grows up principally interracting with his parents, who are overly-intellectual, is never beaten, is carefully kept overclean and never gets to either injure himself or face any real responsibility
mircea_popescu: ok, new definition for wasp : person that reads the above and does not immediately think "so they fuck on campus ?"