mircea_popescu: he tries to make gravel. in a blender.

mircea_popescu: it just grinds your pillars to dust and there you go.

mircea_popescu: in things like permafrost you can at least put deep pillars in and pour on that

mircea_popescu: there's no real way to make foundations there iirc.

mircea_popescu: i'd prolly visit just for to shoot new trilema header.

mircea_popescu: i kinda am rooting for them to invade italy, force italians into sex slavery in morocco

mircea_popescu: allow me to rephrase : what if the state went the fuck away and stopped bothering people.

mircea_popescu: "Another is just a sorrowful question: What if these talented criminals had only used their talents for good?"

mircea_popescu: FabianB or anyone interested : .ws switch blew. the rest are fine. ws should be back within hours as replacement gets installed.

mircea_popescu: "the chinese triads" aren't a the in this context any more than "the chinese government" is a the. obviously there's going to be some sort of government, such as for instance the one in taiwan.

mircea_popescu: yeah well the problem with that is that it's more akin to saying that detroit or hollywood don't go away.

mircea_popescu: s well as the United States' $51 billion--annually--“War on Drugs.”

mircea_popescu: Blockbuster is gone. So are Lehman Brothers, Atari, Pan Am, Circuit City and countless others each year. Startups fail, too, with 80% going belly up within the first 18 months. But here’s something to consider in comparison: criminal syndicates don’t go out of business. The Chinese Triads have been around since the 17th century. For 25 years, Mexico’s Sinaloa Cartel has outmaneuvered vicious competition at home a

mircea_popescu: that unless he's not running for his life from a coupla thugs owned by some bookie he owes to.

mircea_popescu: i'm sure the schmuck is sitting in a bar somewhere right now, all radiant of his greatness as he imagines it.

mircea_popescu: "his own data" being an arbitrary, uncontrolled and irreproducible cutout of the general flow.

mircea_popescu: (5% of your under bet, which we are assuming it is 100 EUR) unless it is HT where there is no danger. If you place bets for 2 EUR profit, you need now 50 arbs to recover the losses and i doubt that you will make any money.

mircea_popescu: me statistics of collected data from such bets could reveal more, but this 1/20 goal scoring assumption seems to be close to reality. Base on my own stats the probability of the goal is 1,8% , which means that 1,8 goals are scored in 100 bets. My net profit is smth like 65% of my total profit, the rest (35%) is the loss i have suffered from goals being scored in pending time. You must never place bets less than 5 EUR

mircea_popescu: Just don't place arbs which gives you less than 5% of your "under" stake. If you place 100 EUR on under at Europeans , it means that you must place only arbs which give you more than 5 EUR. This way, you need only 20 arbs to recover the losses from " 1 goal" for the 30 (might even less) sec you need after you first bet is accepted probably is less than 1/20. This rule of 5% profit from you under stake is reasonable. So

mircea_popescu: but you can't talk sense into these overgrown children with their delusions of independence.

mircea_popescu: if they just flipped burgers they'd make more per hour with less work,

mircea_popescu: why attract a horde of internet "entrepreneurs" trying to do a lot of high bandwidth nonsense in their retarded quest of getting five euros off you "risk free" ?

mircea_popescu: RagnarDanneskjol that's a fine example of why one doesn't really want to offr live betting.

mircea_popescu: FabianB maybe make it so if one fails it tries the next ?

mircea_popescu: um no, don't do that, because well... suppose these two crap out. what'll people do then without the other two listed ?

mircea_popescu: tat's evil plan comes to fruition.,

mircea_popescu: and then right.

mircea_popescu: The Presidency tends, year by year, to go to such men. As democracy is perfected, the office represents, more and more closely, the inner soul of the people. We move toward a lofty ideal. On some great and glorious day the plain folks of the land will reach their heart's desire at last, and the White House will be adorned by a downright moron.

mircea_popescu: devious and mediocre—the man who can most easily adeptly disperse the notion that his mind is a virtual vacuum.

mircea_popescu: The larger the mob, the harder the test. In small areas, before small electorates, a first-rate man occasionally fights his way through, carrying even the mob with him by force of his personality. But when the field is nationwide, and the fight must be waged chiefly at second and third hand, and the force of personality cannot so readily make itself felt, then all the odds are on the man who is, intrinsically, the most

mircea_popescu: ully it might be nurtured, could ever even remotely approach it. The educated negro of today is a failure, not because he meets insuperable difficulties in life, but because he is a negro. He is, in brief, a low-caste man, to the manner born, and he will remain inert and inefficient until fifty generations of him have lived in civilization. And even then, the superior white race will be fifty generations ahead of him."

mircea_popescu: "I admit freely enough that, by careful breeding, supervision of environment and education, extending over many generations, it might be possible to make an appreciable improvement in the stock of the American negro, for example, but I must maintain that this enterprise would be a ridiculous waste of energy, for there is a high-caste white stock ready at hand, and it is inconceivable that the negro stock, however caref

mircea_popescu: tain the funds to get roaring drunk), as pious "saved" men seeking funds for far off evangelistic missions (to pirates on the high seas, no less), and as learned doctors of phrenology (who can barely spell). Mencken read the novel as a story of America's hilarious dark side, a place where democracy, as defined by Mencken, is "the worship of jackals by jackasses".

mircea_popescu: For Mencken, Adventures of Huckleberry Finn was the finest work of American literature. Much of that book relates how gullible and ignorant country "boobs" (as Mencken referred to them) are swindled by confidence men like the (deliberately) pathetic "Duke" and "Dauphin" roustabouts with whom Huck and Jim travel down the Mississippi River. These scam-artists swindle by posing as enlightened speakers on temperance (to ob

mircea_popescu: "The Pioneer has before declared that our only safety depends upon the total extirmination of the Indians. Having wronged them for centuries, we had better, in order to protect our civilization, follow it up by one more wrong and wipe these untamed and untamable creatures from the face of the earth."

mircea_popescu: decimation> man I thought mircea was hard on the guy but after reading a few pages of the book he deserves worse << and importantly, i read no pages of the book.

mircea_popescu: <decimation> I just mentally edit his posts with s//gold/bitcoin/ << that's a way to go about it. prolly would have made hitler quite palatable too

mircea_popescu: BingoBoingo never bother with the stupid.

mircea_popescu: when did that happen ?

mircea_popescu: i wasn't aware curtis switched camps to pro-btc

mircea_popescu: BingoBoingo not the frenc ones.

mircea_popescu: <mike_c> i don't know about you guys, but my blog posts are done when i can't stand to look at them anymore. << i take about half an hour.