639300+ entries in 0.378s

decimation: asciilifeform:
they will be derping
to
themselves as
they dig ditches or whatever
BingoBoingo: <BlueMeanie4> so
to have something
that is so radically new, you need
to have something
that is radically detailed as well << No,
this is reactionary, a return
to principles more basic
than any
Tea Partier in a costume can imagine
mircea_popescu: what you got going
there in
teh socialist states of
the americaz however is not.
BlueMeanie4: unfortunately it's not going
to get you anywhere
BlueMeanie4: the problem is
that
the countries who didnt benefit from capitalism have a
tendency
to buy
these broken ideas
mircea_popescu: hard money however does not. it will convince you right into
the ground.
mircea_popescu: see,
the nude emperor system does depend on everyone staying convinced.
decimation: BlueMeanie4: you realize your argument of "all
the cool countries do it" is not convincing?
bats_cd03: careful consideration is a characteristic of a cult. jeez, what isn't
these days.
BlueMeanie4: and we all know
this is just a characteristic of a cult
BlueMeanie4: so
to have something
that is so radically new, you need
to have something
that is radically detailed as well
mircea_popescu: seems
to be existing just fine, but yeah,
that's a point
that can wait. might as well revisit it after it's inevitable and you know, cut in stone.
BlueMeanie4: and strangely you believe you are
the position
to scoff at
these points when
they correspond fully
to how our system works right now
BlueMeanie4: youre advocating something
that is not only unsupported in principle, it doesnt exist in reality either
mircea_popescu: well what do you expect. come here with exotic priors, expect everyone
to accept
them or else you gotta go watch cat pictures ?!
BlueMeanie4: im not arguing for some strange mythical world-
this is how it currently works
mircea_popescu: the point of bitcoin is
to make equality impossible and life miserable for
the majority.
mircea_popescu: <BlueMeanie4> gold backing has historically reversed wealth equality << of fucking course. what gave you
the ridiculous notion
that we're about equality ?
BlueMeanie4: these questions are reminding me
that I need
to look at cat pictures
mircea_popescu: <BlueMeanie4>
this gold back currency people are most ppl with no real economics background who believe
they have some 'fix'
to our economic problems << you know you're repating
this like it's
the hail mary of your faith.
BlueMeanie4: this gold back currency people are most ppl with no real economics background who believe
they have some 'fix'
to our economic problems
BlueMeanie4: all major money systems
today are flexible money supplies
assbot: The problem of
too much money pe
Trilema - Un blog de Mircea Popescu.
mircea_popescu: <BlueMeanie4> wow
that is- AT BEST- a radical view of economics, but more accurately just cluelessness << no, it's a radical view alright.
BlueMeanie4: they used
to use 'wooden coins' aka
tally sticks all
the
time during
the middle ages
nubbins`: although
that's at a larger scale again
mircea_popescu: <BlueMeanie4>
they are not places you would want
to live << amusingly,
the state says
this of anarchy all
the
time. yet i've lived in anarchy and much prefer it
to any kind of currently available state.
BlueMeanie4: i dont
think
they are a panacea, but rather a
tool
that can be used
to generate wealth
nubbins`: some
tourist shops here accept canadian
tire money
BingoBoingo: bats_cd03> BingoBoingo: brilliant << Not a construction of mine. An event
that happen, recorded in my wetware and entered into
the public record
mircea_popescu: this is what
the average
tardstalk forum scammer says,
too.
mircea_popescu: <BlueMeanie4> Mircea - because so far no one has produced any sort of cogent response
to my point << you would
think
that in either case.
BingoBoingo: <decimation> I suspect
that
the number of USG employees who understand money is
too small
to coordinate a mass bitcoin
theft << Even my FBI agent admitted holding some bitcoin...
The
Treasury agent
though was silent on
the matter
BlueMeanie4: or various immature responses designed
to detract away from what is obviously a failed argument
BlueMeanie4: so far i have yet
to see anyone pose any interesting examples- mainly your
typical libertarian bellittleing etc.
BlueMeanie4: true, but
the employment opps didnt necessarily exist
bats_cd03: your problem is: you are continuously assigning meaning
to
that which has none
decimation: BlueMeanie4: your story of paupers proves nothing. if
they had
to skills
to bulid houses,
they have
the skills
to earn money
to build houses
bats_cd03: still working
through some papers, ya
bats_cd03: after you have, read some austrian
theory. write a 10pg open response.
nubbins`: they didn't say "let us all go into financial debt
to each other! you all owe me $100/hr for my plumbing services"
bats_cd03: maybe we should rewind and assign a reading list. have you read keynesian
theory, BlueMeanie4?
BlueMeanie4: wow
that is- AT BEST- a radical view of economics, but more accurately just cluelessness
nubbins`: <+BlueMeanie4> but
the money and debt allowed
them
to be specialists <<< you're 100% misunderstanding what happened, by virtue of
trying
to view it in
the wrong frame of perspective.
BlueMeanie4: they are not places you would want
to live
BlueMeanie4: what you fail
to see is how
the world would be if loans werent available
decimation: I provide our present
trollish company as proof of
the widely distributed ignorance
bats_cd03: surely we can do
that. it'd just be...
terribly unpractical.
BlueMeanie4: Mircea - because so far no one has produced any sort of cogent response
to my point
BlueMeanie4: if im not mistaken, it's impossible
to produce enough gold
to account for all
the wealth in
the world
mircea_popescu: BlueMeanie4 how do you know it's not your understanding of how money works
that's
the problem ?
mircea_popescu: sure, for as longas
there's money
to be made, why not.
decimation: I suspect
that
the number of USG employees who understand money is
too small
to coordinate a mass bitcoin
theft
mircea_popescu: asciilifeform
the first hour with
the whore suggests one's "pickup skills" aren't entirely unsuccessful either.
decimation: mircea_popescu: well
they still have some of
the SR stash right?
mircea_popescu: asciilifeform it's just
thatr i can't locate any data showign
they are succesfull
to any degree. but anyway.
mircea_popescu: anyway, so fucking ludicrous
to see
the stone soup argument repackaged by people who five minutes earlier complained of ignoramus land.
BingoBoingo: bats_cd03> an early silk road entrepreneur living it up on southern california after exchanging btc for fiat; authorities spy, notice new camaro but no regular employment since 2010... questioned, gasenwagen, perhaps USG confiscates some coins along
the way. everything is gravy, republic lives another day. << And I bless Jebus I am but a midwestern pauper
decimation: bats_cd03: such a person ought
to pay
taxes and/or have a lawyer
mircea_popescu: bats_cd03 you got
this whole soviet "illegal rich"
thing going already ?
bats_cd03: an early silk road entrepreneur living it up on southern california after exchanging btc for fiat; authorities spy, notice new camaro but no regular employment since 2010... questioned, gasenwagen, perhaps USG confiscates some coins along
the way. everything is gravy, republic lives another day.
mircea_popescu: i guess he doesn't wanna addres it, but let's
take a stab anyway. BlueMeanie4 suppose
two people wanted
to fuck, and both liked
to fuck. in scenario A,
they fuck. in scenario B,
they exchange obligations
to fuck,
then fuck.
BingoBoingo: mircea_popescu: Who said anything about scaling. Sewers were a problem for
the Spanish because of
the scaling involved...
gribble: Bitstamp BTCUSD
ticker | Best bid: 513.21, Best ask: 514.09, Bid-ask spread: 0.88000, Last
trade: 514.42, 24 hour volume: 6677.18273998, 24 hour low: 502.33, 24 hour high: 516.0, 24 hour vwap: 509.617291213
mircea_popescu: BingoBoingo doth not scale outside
the dunbar number w/o a wot.