376500+ entries in 0.135s
mircea_popescu: pankkake too much money is worse poison than too little for new projects, that's damned sure.
mircea_popescu: rather than perpetually dick around with labcoins and bitcoin gems.
mircea_popescu: ideally we will use it to permanently and deeply change the world,
mircea_popescu: this is the sort of unprecedented power Bitcoin gives us.
mircea_popescu: think if some guy working in his garage had as much resources as 1/10 boeing, to make his new plane.
mircea_popescu: and yes, i don't think it ever happened in the history of computer gaming that a new company with new management working on an indie game ever had > 10% of the most expensive largest corp's budget.
mircea_popescu: buybacks have the disadvantage they mess with the price.
mircea_popescu: well, dividends have the inherent unfairness of post-ex date. (ie, they only reward people hiolding the shares NOW, as opposed to "having hold the shares")
mircea_popescu: in case b, it just safes the 50 btc. now any shareholder wanting btc can sell his share for 0.5, which is exactly the sdame result.
mircea_popescu: let's look into this. consider a company has 50 btc in the bank and 100 shares. in case a, it distrivbutes 50 btc. now shareholders have 0.5 btc per share.
mircea_popescu: tho in general the thing is with share buybacks that they tend to increase the price. seeing how btc is btc, you generally don'y want to increase share price, lest you make them unaffordable per item
mircea_popescu: just as long as you don't stupidly spend it is all good.
mircea_popescu: in practice it makes no difference anwyay, whether you actually pay it out or just keep it in the bank, because in the latter case the share just trades as a proxy of your cash (see apple)
mircea_popescu: this is what you always do witjh capital you can't effectualy deploy, you distribute it to shareholders
mircea_popescu: diablo 3 cost ~65 million if memory serves. it's true that it sucked, but then again we're no blizzard.
mircea_popescu: in other news : the ~8.5k btc minigame collected is still largely untouched, we can now afford to make the best game ever made.
mircea_popescu: ironically, the russian dog leika could have done a great ipo
mircea_popescu: The public’s approval rating for Congress has finally hit rock bottom: For the first time, America has a higher opinion of car salespeople.
mircea_popescu: pankkake all bitcoin jesus references are a meme-ish joke @ that nonsense.
mircea_popescu: One of the world’s leading authorities on genetics says the human race was born into existence after a chimpanzee mated with a pig.
mircea_popescu: and 2. the commies did a lot of machinery exporting, so all over the middle east it's like, o, you're romanian, that means you're like the best engineer in town
mircea_popescu: romania also has the advantages that 1, soccer is popular and romania was really good at it historically, so ppl in latin america are all HAGi !! LACATUS!!!
mircea_popescu: i mean... in libya or serbia a us passport is a liability
mircea_popescu: i did a lot of travelling and adding it all up my romanian passport was pretty much the best passport to have.
mircea_popescu: "the notion that the us constitutes a nation" i meant.
mircea_popescu: ThickAsThieves well i think the notion that the us constitutes a notion is heartwarmingly ludicrous, but otherewise no, not really different from anyone else.
mircea_popescu: ThickAsThieves how is this different from like... anyone else ?
mircea_popescu: kakobrekla your slovenly compatriots don't think they're like all unique and so on ?
mircea_popescu: i tell you, there's exactly no difference. argentines and vietnamese think the same.
mircea_popescu: the "russian soul", the "romanian feeling of existernce" etc.
mircea_popescu: what's " American exceptionalism" supposed to mean anwyay ?
mircea_popescu: iric the month with > 26 btc, 25 of it came out of one bet
mircea_popescu: am i crazy or is she actually talking to some guy more ignored than her ?
mircea_popescu: i wonder how old threads will look retrospectively in like 2015 or 2025