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mircea_popescu: he went to his boss at where he worked to get an coupla hours off before lunch to get his loot.
mircea_popescu: one friday he was scheduled to go pick up his huge loot. i mean packets of loot.
mircea_popescu: now this one guy, a carpenter, he got in early and let it ride.
mircea_popescu: so, a year after the revolution someone started a ponzi.
mircea_popescu: pretty much communist stuff, this is how it ends up. people just sheeple around, govt provides, everyone's clueless like a 16 yo priss.
mircea_popescu: let that sink in for a minute, half the arab doctors schooled in cluj, cops have no idea what pot is.
mircea_popescu: and i do mean this. of a 50k strong police force you couldn't find ten cops who knew what pot smelled like.
mircea_popescu: so, romania is a fucking backwater. the people here were mentally retarded as recently as 20 years ago.
mircea_popescu: but no, he's buying cars and decerebrating mice. fucking waste.
mircea_popescu: Bugpowder should stop dicking around and start a 500mn dolla fund to invest in bitcoin crap.
mircea_popescu: you people need to stop making money off the fake mpex volume and shit.
mircea_popescu: this was the problem with so-called futures like the icbit ones, have you seen that article back then ?
mircea_popescu: taub what happens if at settlement time "gold is worth 1200 usd" ?
mircea_popescu: and i don't want to introduce more garbage in bitcoin finance, idiots do enough fo that.
mircea_popescu: pizzaman1337 the problem is that if the buyer of the underlying future does not have the "i'll take delivery" recourse
mircea_popescu: but if you know someone who can do the delivery part i'd list it.
mircea_popescu: taub the thing is i don't like making futures which don;t include delivery. in my eyes unsettled future pretty much = scam.
mircea_popescu: taub what function would it serve that options don't cover ?
mircea_popescu: already the all-marketing banks fucked up this generation's life.
mircea_popescu: these all-marketing corps will end up driving us into the ground.
mircea_popescu: jcpham lol cloudflare trying to parlay themselves into any ddos discussion.
mircea_popescu: so basically... upon news that bitcoinity is mpex approved everyone hammers site into the ground.
mircea_popescu: i think there's cutanous inglobation and also the potential for some benign visceral tumours
mircea_popescu: some idiot is going to go "brain surgeon researcher guy recommended this toxioc stupid process"
mircea_popescu: gold has serious issues that don't go away just cause we'd wish them to.
mircea_popescu: ya but on the other hand... securitization of gold is unavoidable.
mircea_popescu: jurov no. we can't coopt each other sadly, but honestly he's smart enough.
mircea_popescu: think greenspan, except he gets a romanian deal, whereby he owns that chair and ocasionally gets to be the prime minister.
mircea_popescu: Bugpowder no this is actual gold. romania is lucky in that the natl bank governor is literally the brightest mind in the field atm.
mircea_popescu: non-germany yurp is like 300mn people holds what, 1000 tons ?
mircea_popescu: see, here's a thing : romania is ~20mn people and holds ~120 tons of gold.
mircea_popescu: Ukto romania is actually in such a good position i prefer keeping lei to euro.
mircea_popescu: mpoe was here before bitcoinica. what's that matter tho if you're born march 2013
mircea_popescu: but it's funny you know, the assumptions people make who are ignorant of history.
mircea_popescu: so basically mpex makes more dough than all the exchanges combined but we can't believe this cause i'm evil.
mircea_popescu: not like... "hey, we notice we suck because we're douches" but "we notice we're so incredibly great"
mircea_popescu: o wait, my email gets better. "We noticed that you haven't signed in to your eBay account for quite some time, and we'd like to invite you back to buy and sell again. eBay's a great place to buy what you want, and sell what you have."
mircea_popescu: Bugpowder never, because i said it, and i'm a sociopathic arrogant evil guy.
mircea_popescu: how is bitcoin for google wallet supposed to make money ?
mircea_popescu: <Bugpowder> but he is half blind << i still think he's trying the "i am king of the world you must play my little debate games on my terms for me to understand the world or else it won't be understood by one such as me to its detriment" sillyness
mircea_popescu: as in, selling access to spammers. they're not the antispam industry, they're the spam apportioning industry.
mircea_popescu: dub that they're clueless/stupid is not even the main problem. they're crooked.
mircea_popescu: what's the avg for a nofee tx to make it to a block by now, 12 hours ?
mircea_popescu: smickles a no, i just mean there's a sort of pool for the cheapskates who won't add a fee
mircea_popescu: there's been a pool of 2-5k waiting txs since about 3 months ago
mircea_popescu: Uglux it's unlikely to be hashing anywhere, cause of total networkoutput