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mircea_popescu: but they're also 10 to 1% of the actual cost of delivering a finished product.
mircea_popescu: so now here's the thing : your 500-1mn per wafer run costs are correct,
mircea_popescu: thestringpuller it was small, i wasn't there when it started up and it meanwhile folded
mircea_popescu: he's happy with 50 cents per copy and his name on the cover.
mircea_popescu: and the great advantage of the printing business is that you don't need to pay the author at all.
mircea_popescu: every given run cost between 20k and i think at most i ever signed off on a 95k typo bill.
mircea_popescu: yes. here's the thing : i was for a time working with a printing business.
mircea_popescu: Namworld i don't think a couple million is enough funds
mircea_popescu: I’m 19th century sexy – pale skin and a fat ass, and fortunately, a fatter wallet.
mircea_popescu: <Diablo-D3> man, Ill pay her 1.1 a day to quit mpoe-pr and do dmc-pr << now that's nice.
mircea_popescu: jurov just ftr, MPEx doesn't care if you buldgeon people into a pulp.
mircea_popescu: were you asking me why mining doesn't happen or why i don;t do it ?
mircea_popescu: interesting if eur/us wants money the eur/us can't steal
mircea_popescu: it's a tiny currency backed by a lot of gold and the world's best (currenly) nat'l bank governor.
mircea_popescu: it isn't however the policy of the nbr to make it an intl reserve at all, and we're friends so, i wouldn't expose it in btc trade.
mircea_popescu: the ron actually is pretty strong, as far as eu currencies go.
mircea_popescu: someone should start a poll "Who do we hate more, Inaba or MPOE-PR"
mircea_popescu: The problem with prediction markets is the market maker. If it is automated like the one that is on the GLBSE prediction market now then it will eventually lose money. That model is only used by places that don't use real money.