mircea_popescu: and get rid of that idiotic one inch white atop the header.

mircea_popescu not about to click on more arstechnica etc. qntra or bust.

mircea_popescu: that's a ponzi right there.

mircea_popescu: well... you got a pension system right ? just like the us ?

mircea_popescu: all you gotta do is ask and generally, explain what the problems are you know.

mircea_popescu: PeterL wha was the issue with it ?

mircea_popescu: im not disenfranchising them. i merely don't value their arbitrary enfranchisement more than i value a paper fixing new orbits for the solar system.

mircea_popescu: what a fortunate thing it is that in bitcoin, unlike in the united states, men with no means have no vote.

mircea_popescu: el to a very private boarding house. I took a reporter's berth and went to work. I was not entirely broken in spirit, for I was building confidently on the sale of the silver mine in the east. But I could not hear from Dan. My letters miscarried or were not answered.

mircea_popescu: The bubble scarcely left a microscopic moisture behind it. I was an early beggar and a thorough one. My hoarded stocks were not worth the paper they were printed on. I threw them all away. I, the cheerful idiot that had been squandering money like water, and thought myself beyond the reach of misfortune, had not now as much as fifty dollars when I gathered together my various debts and paid them. I removed from the hot

mircea_popescu: ruin and destruction! The wreck was complete.

mircea_popescu: erchants, lawyers, doctors, mechanics, laborers, even the very washerwomen and servant girls, were putting up their earnings on silver stocks, and every sun that rose in the morning went down on paupers enriched and rich men beggared. What a gambling carnival it was! Gould and Curry soared to six thousand three hundred dollars a foot! And then—all of a sudden, out went the bottom and everything and everybody went to

mircea_popescu: Something very important happened. The property holders of Nevada voted against the State Constitution; but the folks who had nothing to lose were in the majority, and carried the measure over their heads. But after all it did not immediately look like a disaster, though unquestionably it was one I hesitated, calculated the chances, and then concluded not to sell. Stocks went on rising; speculation went mad; bankers, m

mircea_popescu: they revolutionized the www

mircea_popescu: check it out! i found what vc's are trying to live off today! a ~150 year old corpse!

mircea_popescu: this day—and when she projects a new surprise, the grave world smiles as usual, and says "Well, that is California all over."

mircea_popescu: It was a splendid population—for all the slow, sleepy, sluggish-brained sloths staid at home—you never find that sort of people among pioneers—you cannot build pioneers out of that sort of material. It was that population that gave to California a name for getting up astounding enterprises and rushing them through with a magnificent dash and daring and a recklessness of cost or consequences, which she bears unto

mircea_popescu: eopled land. And where are they now? Scattered to the ends of the earth—or prematurely aged and decrepit—or shot or stabbed in street affrays—or dead of disappointed hopes and broken hearts—all gone, or nearly all—victims devoted upon the altar of the golden calf—the noblest holocaust that ever wafted its sacrificial incense heavenward. It is pitiful to think upon.

mircea_popescu: h and energy, and royally endowed with every attribute that goes to make up a peerless and magnificent manhood—the very pick and choice of the world's glorious ones. No women, no children, no gray and stooping veterans,—none but erect, bright-eyed, quick-moving, strong-handed young giants—the strangest population, the finest population, the most gallant host that ever trooped down the startled solitudes of an unp

mircea_popescu: It was a driving, vigorous, restless population in those days. It was a curious population. It was the only population of the kind that the world has ever seen gathered together, and it is not likely that the world will ever see its like again. For observe, it was an assemblage of two hundred thousand young men—not simpering, dainty, kid-gloved weaklings, but stalwart, muscular, dauntless young braves, brimful of pus

mircea_popescu: asciilifeform i don't know anyone is actually using their protocols for serious work anymore than anyone'd be using the foundation crapolade for any serious work.

mircea_popescu: gavin isn't quitting the scam foundation either, and obviously the msm would present it as "influential". what's it influence, reddit ?

mircea_popescu: kakobrekla: cadchf -40% in 1h total ponzy. << well... that's a point there, canada totally is a ponzi scheme.

mircea_popescu: Matt O'Brien is a reporter for Wonkblog covering economic affairs. He was previously a senior associate editor at The Atlantic. He is also an idiot soon to be permanently unemployed.

mircea_popescu: http://finance.yahoo.com/echarts?s=GHC+Interactive#symbol=GHC;range=1y look at that, from 900 to 500!

mircea_popescu: guess what, by the same measure apple, ibm, the us fed and washington post stock are all ponzi schemes.

mircea_popescu: washington post article is especially niggardly, which is what one'd expect from the vanguard of us socialism. "o noes, if you look at just this portion of the graph, bitcoin has been falling".

mircea_popescu: now, irl the cow's not spherical nor does it live in a vacuum, but hey.

mircea_popescu: consider my alt economy where the currency is teeth. every person can be guaranteed a job as selftooth extractor, paying 30 teeth over their lifetime.

mircea_popescu: ben_vulpes i fail to see how a guaranteed payment would be inflationary but a guaranteed job not << depends on the definition of guaranteed job. guaranteed payments are always inflationary - that's the very definition of inflation : payment without a counterprestation. jobs however can be guaranteed in such a way that prestation is at the same time guaranteed, at least theoretically.

mircea_popescu: lol gotta love the forum derps. "o hai we're here in the swamp isolated from the goings on in bitcoin. how come we have nfi what's going on ???"

mircea_popescu: cazalla: pretty lulzy if true << not as much a matter of true as a matter of holy shit, that trial will be a coin toss. http://log.bitcoin-assets.com/?date=14-01-2015#976369 still curtious on that point. ☝︎