520200+ entries in 0.331s
saifedean: and some of
the world's best food, women, and wine...
mircea_popescu: yeah, but
they have
to compete with ohio's 150 a month or w/e it was.
saifedean: views on
the mediterranean and
the snow-covered mountains... 24 hour delivery services
to get you anything you could possibly imagine
saifedean: and by nice, i mean nicer
than pretty much anything you've seen
mircea_popescu: so if i want
to rent a flat in beirut, what'd it run me ?
saifedean: the reason is
that
they still have sizeable gold reserves, unlike
the rest of
the world's
troglodyte central bankers chasing returns and playing etrade accounts with
their reserves
saifedean: but
then when
the rubble settled down,
the central bank set
the currency at 1500 Lira/USD in 1992 and it has not budged since
saifedean: it was 91% before
the war,
then
the socialist scum managed
to fuck shit up in
the war, and destroyed
the currency in 1983, it went from 3 Liras/USD
to around 2,000Lira/USD
saifedean: people don't really have shitty bezzle careers,
they have actual productive jobs making useful
things... like furniture and food
saifedean: the fact
that
this place has almost-hard money makes a real difference:
there is no bezzle here,
there has never been a stock market crash, housing crash, or any kind of business cycle
danielpbarron: thestringpuller, "A screenshot of
the Abra app" << should
this not be hosted on qntra?
saifedean: the value of
the gold in
the central bank's reserves at market price was equal
to 91% of
the value of all
the currency
saifedean: the entire civil war drama was basically communist-funded
trash
trying
to destroy
the central bank and currency
saifedean: this is really one of
the last civilized places in
the world, because it's got
the hardest currency in
the world... you can see lack of socialist decivilization in everything here...
saifedean: oh no,
there's a lot of ruin
to be made in
this place, and
the socialist scum have been
trying in vain for decades...
mircea_popescu: this exact
thing was a problem, written down as such, exact words, in 1914. and since forever : central government attracts
town loafers, who
then derp about.
mircea_popescu: in lebanon ? nothing really, srsly nao. buncha
town dwelling wasters get ot be all excited for a summer.
saifedean: the socialistards have been pressing for start-up funding and environmental projects, and
the CB has obliged with some low-interest loans and funding conferences and start-ups and publicity... what could possibly go wrong
mircea_popescu: what will
the kids figure out later ? oh,
that -
to go no further
than latest
trilema - jared son of charles got 40mn "investment" from x and y while charles was in jale because campaign donations and other issues related
to x and y.
saifedean: the central bank here is probably
the world's best,
the currency has
the highest gold cover of any currency in
the world,
they banned
the banks from investing in any securities and compeltely avoided
the 2008 meltdown...
saifedean: there is such a giant start-up culture in lebanon
these days
thanks
to Central Bank bezzle, everyone and
their dog wants
to make a start-up... nobody wants
to actually do something, just pontificate on start-ups and entrepreneurship
mircea_popescu: anyway, re
the "questions asked" : in a
total nod
to asciilifeform's "merit washing" ideas, by now
the point isn't even
to have any sort of product, as it hasn't been for decades, noreven any sort of plan.
they "invest" in "great
teams", nao. "kids will figure it out later".
thestringpuller: mircea_popescu:
that sounds like a great video game premise for learning purposes. "Flip
the ponzi"
thestringpuller: ;;later
tell pete_dushenski you're referenced in latest qntra article
saifedean: my working
theory is
that any "entrepreneur" who engages in any form of 'event' about start-ups or entrepreneurship is not an entrepreneur, and has nothing interesting
to offer
the world. if
they did have something interesting,
they wouldn't have
time for wankery
mircea_popescu: otherwise,
the pension funds end up hodling anyway, and
the fed rescues
them, and here we are.
mircea_popescu: anyway, "society" is broad.
the vc game is just
to flip
the ponzi
to larger fools.
they succeed 55% of
the
time or so.
mircea_popescu: mike_c in all probability
the last pitch meeting where
the investors asked something sensible was cca 2002.
thestringpuller: "Hey
thestringpuller, would you like
to hear about
this wonderful development opportunity with a fast growing company you've never heard of?!?!?"
Pierre_Rochard: thestringpuller: it’s
the bezzle-wot. Great because of
the wot part, spammy and diminished by
the bezzle part
Pierre_Rochard: cazalla: ya know, when I started seeing
the same art pieces from history of europe’s feed popping up, I knew it was
the end
Pierre_Rochard: have
to manually contact customer support at linkedin
to get
that removed…
the lengths
they’ll go
to keep
the serfs on
the domaine
Pierre_Rochard: and every other social media
thingy I had in my password manager
cazalla: Pierre_Rochard, pull
the pin on
twitter eh?
cazalla: today is
typically
the busiest day for news but it is dead
mike_c: because in
the game you described,
the VCs are getting
taken for a ride. which happens of course, but
this just seems so obviously illegal.
mike_c: i'd love
to be a fly on
the wall in
the pitch meetings
though when
the investor says "so how are you not going
to jail?"
mircea_popescu: or else 4b) if society doesn't bite
the bait,
they "street cred" because were going
to 4evar
totally do it.
mircea_popescu: then 4a) if society bites
the bait,
they "change
their mind" "learn better" "unfortunately..." "they were just kids" etc,
the circle / dwolla /etc playbook
mircea_popescu: mike_c see,
the way i've observed
this
to work is like
this : 1) usg makes imbecile law ; 2) society is aghast ; 3)
teenaged muppets make bold claim
that jives with societal expectation, blatantly in contradiction with usg policy.
ben_vulpes: by
the holy dogfucking jesus i will find
them
ben_vulpes: i will find whoever decided
to return 200 from
this endpoint and encode
the error in xml
thestringpuller: (the US claimed 9/11 was funded with
the ultiization of hawala)
thestringpuller: well
this is why US hated hawala during "war on
terror" beginnings
mike_c: mhm.
tell
the US
that.
mike_c: mircea_popescu: inbetween aspirational and funded. i heard about
them because
they got "best of" at reasonably big
tech conference. my curiousity is mostly around
the brazen attempt
to do money remittance in US without being licensed.
assbot: Logged on 09-03-2015 17:31:55; mike_c: i don't
think
that is usg honeypot. just misguided VC chumpatron.
mircea_popescu: well,
that's what chrome does
too : simple rather
than correct and easy rather
than useful.
mircea_popescu: but hey, why confront and resolve
the hard problems ? inheritance systems for
the user input, explicitly set bvy
the user etc ? o noes, gotta be simple
ascii_field agrees. so long as
the answer isn't 'here have a little rectangle of rdesktop crapolade instead of screen-filling display-agnostic remote gui on your giant vertical lcd'
ascii_field: if
they're both x-using, and both connected
to same x server,
then yes
mircea_popescu: and
the fact
that
this very fundamental principle is not precisely observed makes me not care whether x or chrome wins.
they're
the same shit.
mircea_popescu: x has no fucking business
telling another process on its dealings with a process.
ascii_field: it also allows user
to shoot himself in
the head
ascii_field: because x per se doesn't impose
the retardation
mircea_popescu: "my house doesn't have a hole in
the roof -
trivial fix" "whatever, i'm not dealing with
those imbeciles".
ascii_field: mircea_popescu:
there is not a non-retarded alternative
today
assbot: Logged on 09-03-2015 03:27:02; decimation: apparently google wants
to get rid of x11
totally and replace it with
their own graphics layer
ascii_field: everything
they do is 'guilty until proven innocent', which is
to say, until independently arrived at by WoT folks.
ascii_field: i'd argue
that
these folks -simply don't get
to- design cpu any more.
assbot: Logged on 08-03-2015 18:43:30; asciilifeform: perhaps
this is worth a brief digression:
assbot: Logged on 06-03-2015 00:38:12; mircea_popescu: be it google or apple, it can fucking rot. everything will have
to be reimplemented.
ascii_field: most of all
the fact of claiming credit (implicitly) for decades of
the work of other, genuinely original folks.
ascii_field: i went
through
their material ages ago, and it set off quite a few of
the 'scammer heuristics' in my head
ascii_field: surprised
that usg hasn't funded
them yet.
ascii_field: marketing materials promise elaborate, 'smart' cpu crud (branch prediction even more complicated
than on extant x86, code
that executes even less deterministically, etc.)
ben_vulpes: trips all sorts of bezzletronic alerts for me, but i lack
the context
to make judgements.
ben_vulpes: ascii_field: what's
the braindamage in
this "mill" processor?
ben_vulpes: jurov: fine on
the vision, budget was simply my spare
time.
danielpbarron: if i'm not mistaken, "block" causes all future replies
to not attach in
the continuity of
the conversation, whereas mute just makes
them invisible
to
the muter
cazalla: mike_c, not sure, i've never blocked/ignored anyone
tbh
mike_c: isn't
there a shadowban? ignore or something?
cazalla: danielpbarron, lol ethereum blocked you? buterin is yet
to block me even
though i cuss him out 100 worse
than i did gavin
jurov: ben_vulpes what about VAN
then? it had no product vision?
ascii_field: 'i counted, read
the cards on
the wreaths. said
things like, 'from wife', 'from son', 'from mother-in-law' - but none said 'from vodka.' nobody died from vodka.'
☟︎ ascii_field: wife says
to drunken husband, 'every night you drink, drink, you never bring money home, you worthless piece of shit, go visit
the cemetary - see how many gravestones say 'died of vodka.'..'
☟︎