636200+ entries in 0.433s
[]bot: Bet placed: 1 BTC for No on "Bitcoin
to drop under $350 before November"
http://bitbet.us/bet/1034/ Odds: 43(Y):57(N) by coin, 43(Y):57(N) by weight.
Total bet: 2.13075596 BTC. Current weight: 99,516.
decimation: yet another reason why
the germans in
the us had
to be de-kulaked
assbot: Free silver - Wikipedia,
the free encyclopedia
decimation: heh "The city voters—especially German Americans—overwhelmingly rejected
the free-silver cause out of conviction
that it would lead
to economic disaster, unemployment, and higher prices.
The diversified farmers of
the Midwest and East opposed it as well, but
the cotton farmers in
the South and
the wheat farmers in
the West were enthusiastic for free silver. "
http://en.wikipedia.org/wiki/Free_silver mircea_popescu: asciilifeform: (how
to know
that schwartz (or
taleb, or...) collects 'prize' rather
than usg stooge with a shannonizer and irc connection - exercise for alert reader.) <<< if you recall something sort-of like
that was
tried, except
this "major prize" approach is flawed as you explain. so, better version was
tried :)
mircea_popescu: asciilifeform: if ussr were alive, perhaps he'd have defected. << a fine example of why
the "one world, one fuhrer" delusion of government is unproductive.
mircea_popescu: decimation: I called up NIST a few weeks ago, asked
them how much it would cost
to measure
the phase noise of an oscillator.
They said it would only cost
their
time, which would come
to about $10k! for a morning session <<< in other words, "can only work if you have supply of bezzle dollars", ie, "only with scrip saying it's ok signed by stalin"
mircea_popescu: decimation: okay
that makes sense << what he means by provenance being
that if you measure in argon and he measures in xenon, it's not directly obvious what
the functions look like
to verify if you got
the same result and quantify
the eventual differences.
mircea_popescu: asciilifeform:
there's always an 'imaginary particle' involved <<< in phairness,
this is how physics works all
through.
mircea_popescu: specifically,
the "foreign interest" was putting forth gold standard
to fleece
the "hard working" "real" americans.
mircea_popescu: amusingly, all
the "buitres" scandal in argentina
today is exactly reminiscent of midwestern and californian pro-silver aggitation in
the 1880s
decimation: mircea_popescu:
that's
true, in
that case
the eastern bankers were all in favor of gold (as
they didn't envision some gov't bank would be able
to print infinite silver)
mircea_popescu: decimation: yeah back in
the early 1900's
the whole idea of
the 'silver dollar' was
the precursor
to
the modern bezzle << not so clear cut, really. more like a power struggle between west and east.
mircea_popescu: The20YearIRCloud: With regards
to coins, you only need
to avoid
the very, very limited
types
that are assumed
to be stolen from
the mint << it's only limited for now, and as a reflection of
the coins actually physically found so far. as more juicy morcels make
the beast salivate,
they'll become less limited.
mircea_popescu: asciilifeform: kanzure: nah,
those're plain old ruins <<< and
this you know how ? :D
peterl: The20YearIRCloud: so now you get
to hold onto bitcoins and use loans
to buy houses?
The20YearIRCloud: And it's hard
to judge when
that will be, otherwise I do believe our model hedges well against USD collapse, and any major problems, while building enough capital and assets, should we have another downturn
that we will be able
to severely profit from it
decimation: The20YearIRCloud: sounds reasonable. real financial lending will not
take place in bitcoin until it becomes
the 'new currency'
The20YearIRCloud: hopefully between all
that I'll personally be OK, but as far as
the business is concerned,
till bitcoin is a national currency and most workers get paid in it, it's gonna be hard for us
to get
truly involved in
the BTC economy
The20YearIRCloud: Which is worrysome
to me, but
then I do have an auto-buy going
through on a regular basis, so i'm
trying
to diversify in multiple methods - Bitcoin, USD, Silver/Gold/Coins , guns, real estate
decimation: that's
true, if btc is going
to succeed, it is inevitable
that it goes up several orders of magnitude in dollar price
The20YearIRCloud: Big
thing is
the
terms were superior
to what I expected, 5% vs 7%, and
the ability
to do 20yr fixed payback vs 15yr payback or adjustable rates
The20YearIRCloud: Did I
tell you guys
that
the bank approved
the series of loans for RentalStarter?
decimation: assuming 1 inch margins
that sounds about right
decimation: yeah
that's a good point. I
think
the money is less important
than
the relative status, which is less important
than just getting people
to defer
to
their betters quickly
decimation: that explains some of
the problem:
the egalitarian mind-virus
assbot: Logged on 21-01-2014 01:57:20; decimation: ?In 1890, professors salaries [at Amherst College] were $ 2,500, more
than
twenty
times
tuition.
The step up from laborer
to professor was immense, for
the average wage earner in 1890 earned $425 a year. ?
decimation: 'this' being
that 'science' becomes inhabitable for non-fraudulent scientists?
decimation: probably
the only real defense is
to go 'full perelman'
decimation: it is probably
terrible
to become an object of some fad among elites
today
The20YearIRCloud: i've been off reading physics articles
trying
to grasp
things and lost
the conversation
decimation: he wrote 'the name of
the rose' among other
things, ascii quotes it from
time
to
time
decimation: another way of looking at it: he's decided
to hold 'allodial
title' over his mind,
the only place
that is really possible in
this world for mere humans
decimation: it seems very few extreme math geniuses find
this world a 'habitable' place
assbot: Happy People: A Year in
the
Taiga - Wikipedia,
the free encyclopedia
decimation: perelman
turned down
the fields medal right?
assbot: Of Eco And E-mail -
The New Yorker
decimation: “I don't even have an E-mail address. I have reached an age where my main purpose is not
to receive messages,” Eco said at a party in his honor at
the University Club of Chicago.
decimation: yeah
this connects with our discussion
the other day about
the collapse of
the ussr being
terrible for usg