380900+ entries in 0.131s
mircea_popescu: benkay at some point the btc will trade more or less for (total world assets)/(total btc in circulation)
mircea_popescu: once btc reaches its pleateau things get back to normal
mircea_popescu: in fact, if they had the sense to install cameras it'd prolly be a buck less.
mircea_popescu: asciilifeform i thought most chips in the field are flatpacks/quads
mircea_popescu: something like this : if your distribution craps out your car is not "totally wrecked", nevertheless it;'s weird to say yo uhave a problem with the "showerheads"
mircea_popescu: (to make a chip you take etched silicone/metal wafers and encase them in some plastic)
mircea_popescu: TAT_Investments the leading hypothesis is that they mean their chip packager fucked up.
mircea_popescu: i still haven't figured out what word they misreplaced with "substrates"
mircea_popescu: it's like this : find two walls 8 inches apart. take a mouthful of milk and go bang your head in between the walls
mircea_popescu: you know, this dispute between investors and subcontractors is the halmark of a functioning economy.
mircea_popescu: (look honey, i got you the .35 btc cardano. yet another field in which btc is moar of an advantage)
mircea_popescu: make no mistake about it, government there will ever be. whether it's the washington mob or the five families mob, it's gonna be something.
mircea_popescu: anyway, i'm persuaded there won't be such a thing as long term btc without such a thing as nsa.
mircea_popescu: all the tools one needs to make 100% systems, stuff no mob and no government can crack.
mircea_popescu: anyway, the20year1, there's good fundamental reasons for the lift. i wouldn't call it a bubble. that's not to say it may not bubble yet. hopefully it won't, but 300 ain't it at anuy rate.
mircea_popescu: but yes, without some very expert tacking, the fx issue is a big problem for all btc corps.
mircea_popescu: bubbalicious amusingly, we have the converse advantage : only corp in the world tio be able to announce a price,
mircea_popescu: well what many people say is not likelier to be true by even more saying it.
mircea_popescu: kakobrekla well, they'll outperform 777.com at any rate.
mircea_popescu: other people believed their life doesn't depend on btc fluctuations.
mircea_popescu: because it is tough to make 100% returns on your work only to have -50% returns in your accounting unit
mircea_popescu: in that you're a brave man. see you survive a coupla years somehow.
mircea_popescu: i discouraged various similar ventures with the simple fx argument. imo it's yet too soon, even if the business is in principle sound.
mircea_popescu: o no my bad. it's not 200, it's 300. you're now woprth 600 btc.
mircea_popescu: so basically in july you were worth 900 btc and now you're worth 900 btc ?
mircea_popescu: anyway, this has been useful in that next time i'm in a bar going to approach a chick it'll be all "hey, roundeyes! fancy a drink ?"
mircea_popescu: so they went to the trouble of making a us version just for nyah-nyah ? that's comedy.
mircea_popescu: inasmuch as it even sports a us flag, i;m sure it's an equal opportunity fleecer, go ahead.
mircea_popescu: KRS-1 the first step would be, of course, to get in the wot already.
mircea_popescu: KRS-1 well, you can ask someone you trust to escrow for you, but i dunno who would want to escrow fiat.
mircea_popescu: then once they identify you can gettrust mircea_popescu
mircea_popescu: you're not going to tell me that the rogue us government has actually been lieing about its motives all along
mircea_popescu: curious if the us is going to start an invasion now >D
mircea_popescu: also in the news, saudi arabia nao has nuclear weapons
mircea_popescu: well the truth is that other than that article he mostly writes crud
mircea_popescu: kakobrekla if you actually saw that one coming you're a better fx trader than me
mircea_popescu: nubbins` i dunno man. maybe for the people in the bitcoin top 500 it would be, but alas poor us...
mircea_popescu: you never know where the genius kid with the f function springs up
mircea_popescu: incidentally, if anyone has a reddit account be a sweetheart and put that torrent article up
mircea_popescu: firedrops not sure if there's money in this, but it definitely is fame.