398700+ entries in 0.159s
mircea_popescu: and talk all about how "bitcoin regulations", happily ignoring the fact that... nope. exactly the reverse.
mircea_popescu: they're passing it back and forth but only among themselves,
mircea_popescu: teh presumptious elite (ie, teh artists) got nothing. teh "peasants" actually got the goods.
mircea_popescu: with a bunch of peasants. they keep passing back and forth terrine and jambon and whatnot
mircea_popescu: there's this scene, famished theatre company (incl two hawt soubrettes) in a train
mircea_popescu: well admittedly fym stands for fuck your mother, but the rest.
mircea_popescu: yes, there are. da fuck do you think aml kyc fym stand for ?
mircea_popescu: the regulations are as to the us dollars being useless, not as to bitcoin.
mircea_popescu: well... enjoy it while it lasts, like any other illusion
mircea_popescu: look. i'm not responsible for your 1915ish notions on regulation.
mircea_popescu: there's ~500000000 pages of regulations regarding the dollars.
mircea_popescu: they didn't use to, on the grounds that maybe they're like bitcoin
mircea_popescu: bitcollapse no dude. buitcoin is treating dollars like the shit they are.
mircea_popescu: the onl;y time they don't ask for your id when you're using dollars
mircea_popescu: just because you imagine your life currently works a certain way dun make it so.
mircea_popescu: so stop trying to trade that shit for bitcoin and nobody cares about your id anymore.
mircea_popescu: heh. not list the locations. these people just won't fucking learn what open means already
mircea_popescu: "We have temporarily limited transactions in some locations, and we apologize for the inconvenience. "
mircea_popescu: <bitcollapse> and bitinstant is now nothing more then a bad paypal it requires absurd ID requirements <<< details ?
mircea_popescu: yeah. so you know... accounting gotta meet internet at some point.
mircea_popescu: if i do guarantee usage it makes no sense to pretend im paying monthly, and it actually helps his cash flow a ton to pay him upfront
mircea_popescu: if i don't guarantee usage the provider won't open new boxes of gear for me.
mircea_popescu: wherein all sorts of weird constrainsts operate. like, nobody wants used gear. everyone wants to own geaer. nobody wants to pay for anything.
mircea_popescu: yeah but the shit is, hosting is this complex fucking industry
mircea_popescu: for a number of reasons. i just don't think they actually work.
mircea_popescu: now, i agree this is at least attackable from a "standard accounting" perspective,
mircea_popescu: what's the value of the company next month ? 50 + whatever it fished or 50 + whatever it fished + 50 * 11 / 12 ?
mircea_popescu: well let's look at it. company has 100 btc. it buys "the right to use a boat for 1 year" for 50.
mircea_popescu: tyvm. i'm trying to reinvent the wheel deliberately. both gaap and irfs suck.
mircea_popescu: as to the relevance :it's not just taxes. why should a shareholder that buys now get the benefit of an arbitrary charge for 1 year ?
mircea_popescu: one of the reasons im doing this is to sound out some sort of accounting/reporting scheme for nonzero asset companies
mircea_popescu: it matches the amortisation just whine what are you whining about!
mircea_popescu: these btc can't be taken as a one time charge, as they reflect a multi-period thing