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mircea_popescu: it's somewhere between "dressing up mathlab for idiots" and "conversations with aliens and spirits of the departed"
mircea_popescu: Diablo-D3 i dunno either way. i still don't really comprehend what they did.
mircea_popescu: Bugpowder no, srsly ? using algorithms to optimize internal shit ?
mircea_popescu: Bugpowder to this day i didn't understand what microstrategy was making.
mircea_popescu: for some reason it's easier for me to pick companies that will fail than ones that will succeed.
mircea_popescu: i don't pick girls by the criterion "largest tit most exposed"
mircea_popescu: by now all they're doing is comparing which "team" has the weirdest approach to stand-up
mircea_popescu: in their constant quest for "insight" about companies they kept going into sidechannels
mircea_popescu: tho it's a moot point, it just documents their most recent blunder
mircea_popescu: to our advantage the silicon valley world is slowly moving towards a pure circus act.
mircea_popescu: the thing is we need to move away from cablepair and lambert type of failures to more economically tolerable types of failure
mircea_popescu: i think "the milk was spilleD" is more apt a comparison but anyway :p
mircea_popescu: as either cost of asic or losses from asic become monetized btc will have to go up
mircea_popescu: meanwhile i've been asking questions, i know of a case where they did 54 prototypes
mircea_popescu: right. the problem with the "spam a core on chip" approach is that design cost is minimal
mircea_popescu: error4733 maybe half a dozen on the core and a few hundred on peripherals ?
mircea_popescu: i don't think anyone actually has the resources to do asics. people like to dream, and then they sometimes get confused.
mircea_popescu: i don't think it was started as a scam. just, no skills.
mircea_popescu: (which is what they should have done in the first place)
mircea_popescu: error4733 once people will come to terms with the failure of "asic projects"
mircea_popescu: error4733 someone was publishing his portofolio graph earlier and it looked quite exponential
mircea_popescu: lol she in demand when you want her and idle otherwise ?
mircea_popescu: i guess it's like producers and consumers in a strange market
mircea_popescu: sorta like childrend and toys. when nobody is playing nobody else wants to play. as toys become unavailable the desire to play increases
mircea_popescu: in retrospect maybe not surprising, given the nature of the btc game.
mircea_popescu: seems in bitcoin demand is a sharply increasing inverse of supply.
mircea_popescu: thestringpuller there have been like... i think a dozen since the ipo
mircea_popescu: look at me ma, i'm on an obscure start-up site! it won't go anywhere!
mircea_popescu: i'm sorry, but on the balance of this assesment balancedpayments is worth ~0, inflation adjusted.
mircea_popescu: so basically... "we don't know, and don't wanna talk about it"