log☇︎
442400+ entries in 0.153s
mircea_popescu: that is the very point of money : they who have it are smarter than you, and you should listen to them.
mircea_popescu: why standard? whoever has the money makes the rules.
mircea_popescu: and the procedure SHOULD NOT be standard.
mircea_popescu: why ? cause people were busy dickingaround on facebook ? fuck that.
mircea_popescu: of the thousands of people who saw it and hundred+ that talked to me about it, i got 3 submissions.
mircea_popescu: a fine example : i made a contest on my blog, for peopel to write fiction. reward was 5btc minimum + up to 100
mircea_popescu: but don't assume he is for me and expect i give you the money.
mircea_popescu: convince me he is and i might pay it.
mircea_popescu: no sweat, no good.
mircea_popescu: good is worked and sweated towards.
mircea_popescu: good is not unrelated, randomly occuring, fallen from the sky
mircea_popescu: no.
mircea_popescu: intelligence is just part of the pie.
mircea_popescu: has nopthing to do with good.
mircea_popescu: they're not good if they parents suck.
mircea_popescu: "good"
mircea_popescu: you want to include the peaks not the bottoms.
mircea_popescu: you end up stuck with the idiots and then fail.
mircea_popescu: if it's inclusive i don't want to be part of it
mircea_popescu: society should be exclusive not inclusive.
mircea_popescu: yes.
mircea_popescu: this gives parents an incentive to not suck.
mircea_popescu: if his parents suck he's screwed.
mircea_popescu: but don't tax for it.
mircea_popescu: not the govt job. if rich people want to pay for their education let them
mircea_popescu: exactly.
mircea_popescu: if anyone can eat pie this devalues my pie.
mircea_popescu: Namjies no. this devalues education for everyone else.
mircea_popescu: i was ranting about how the eurozone is not good enough for romania to join earlier.
mircea_popescu: smickles yes.
mircea_popescu: anyway. that aside health i can see as a function of govt, in many cases. mostly trauma.
mircea_popescu: problem with it being soft on kids is tghat there's nothing they can accomplish anymore.
mircea_popescu: Namjies well, we're discussing principle. impossible to attack with anecdote.
mircea_popescu: they need to start with it earlier so it's softer.
mircea_popescu: the shock is psychologically scarring
mircea_popescu: where they imagine they're the king of the world for the first 2-3 decades and then discover they really have no value.
mircea_popescu: and in general, kids must know they're worthless at a much earlier age than the current system
mircea_popescu: and must know this aged 6.
mircea_popescu: kid must know that if he's kicked out of school that means prison, digging ditches or sucking cock
mircea_popescu: i mean primary school.
mircea_popescu: if going to school was an exception, and his only chance out of the slum and something he'd work hard for, it'd be different.
mircea_popescu: because they don't risk anything. goes to school, doesn't learn, no big deal
mircea_popescu: i would rather have millions of smart kids die iliterate than billions of idiot kids think it's ok to give their opinions when adults talk.
mircea_popescu: Namjies the problem with education paid for by other people is that it creates the disrespectful assholes we see today.
mircea_popescu: remarkable what small % of moving funds are mtgox trades
mircea_popescu: http://www.bitcoinmonitor.com/
mircea_popescu: !ticker s.dice
mircea_popescu: bonafide ids i guess
mircea_popescu: smickles proposed an example.
mircea_popescu: what'd you expect ? they need tit.
mircea_popescu: they're mostly highschooler/college undergrads/grads
mircea_popescu: lol
mircea_popescu: http://www.reddit.com/r/Bitcoin/comments/14rk60/private_investigation_on_mtgox/ this is... hm.
mircea_popescu: wtf happened to 1/1000
mircea_popescu: cme are such idiots. who told them e-micro can be 1/10 standard
mircea_popescu: USD is called about 5 diff things in iso anyway
mircea_popescu: NOT btc.
mircea_popescu: for the record, iso name for btc would prolly be xbt or something
mircea_popescu: someone can send me a dump of this ?
mircea_popescu: http://webcache.googleusercontent.com/search?sourceid=chrome&ie=UTF-8&q=cache%3Ahttp://forums.somethingawful.com/showthread.php?threadid=3484374&userid=0&perpage=40&pagenumber=5
mircea_popescu: smickles : you should post this novel sorcery as a comment in the futures post
mircea_popescu: pure and simple ?
mircea_popescu: ok so then it's [shares]*25
mircea_popescu: or maybe ?
mircea_popescu: nah
mircea_popescu: a share is only worth 25/x
mircea_popescu: except
mircea_popescu: smickles but you need some block reward factored in
mircea_popescu: http://vr-zone.com/articles/lights-out-boeing-creates-the-first-working-emp-bomb/18163.html we need to bomb boeing
mircea_popescu: how'd you figure that ?
mircea_popescu: whoa what ?!
mircea_popescu: smickles amusingly, netflix not mentioned on his wiki page :DF
mircea_popescu: who linked mpex ?
mircea_popescu: so im getting hosed with sa traffic
mircea_popescu: lol if anyone shorted a week ago they're in pain.
mircea_popescu: who ?
mircea_popescu: omg creeping in on 10mn
mircea_popescu: ;;calc 13.69301 * 0.00061252
mircea_popescu: 13.69301 * 0.00061252
mircea_popescu: ;;ticker
mircea_popescu: wait a second
mircea_popescu: smickles not yet
mircea_popescu: a new age in bitcoin bitchslapping!
mircea_popescu: ahh, i nearly forgot, tomorrow the rota starts!
mircea_popescu: is it 3370181 ?
mircea_popescu: ;;gentime 1
mircea_popescu: lol
mircea_popescu: ty for the quarter mbtc!
mircea_popescu: ;;calc 20 * 0.0067 * 0.002
mircea_popescu: lol aaand highest growth % goes to bvps
mircea_popescu: something like that.
mircea_popescu: ;;calc 1.038**52
mircea_popescu: ;;calc 1.04**52
mircea_popescu: which is like... 4% a week ?
mircea_popescu: but hey, with great risk comes great reward. you could in principle make ~70x your money in a year-ish
mircea_popescu: esp the far out one
mircea_popescu: yes, they're very risky.
mircea_popescu: :p
mircea_popescu: imm dates
mircea_popescu: http://trilema.com/2012/high-finance-falootin/