log☇︎
657400+ entries in 0.434s
mircea_popescu: can you name the people that were butchered in the benghazi pile of lol ?
decimation: someone, somewhere misses the deceased, presumably
asciilifeform pictures the 'black swan' gotcha butthurt when home desktop narcosynthesis makes the whole subject academic.
decimation: I'm not sure that usg is capable of keeping the deaths of its employees secret
mircea_popescu: chetty that day is in 2008ish.
mircea_popescu: decimation here's a thought : if the number of us agents executed was small, you'd see a lot of publicity over the cases. the reason you don't hear a peep about it is that..
decimation: the USA: "they believed their own propaganda bullshit"
chetty: <mircea_popescu> so you know, the day i can bribe a mexican official to shoot a federal agent for sport...//by then it wont matter
HeySteve: orlov has a lot to say about the failure of imperial USA, he's not the only one to predict balkanization
decimation: if the power of usg wanes to that degree, I think you will see the power return to the localities/states
assbot: Public Enemy - By The Time I Get To Arizona - YouTube
mircea_popescu: so you know, the day i can bribe a mexican official to shoot a federal agent for sport...
mircea_popescu: california was and will be happy to continue as a province of mexico city.
chetty: I thought they were in Chicago
mircea_popescu: there's no particular reason the command center of that continent has to be in the far away east coast.
mircea_popescu: nevertheless, the mexican drug cartels already sprung all the way to arizona.
dub: but a spring in the sense of populace uprising, nah
asciilifeform: ru, eg, sy, ua - got 'sprung.' cn nipped its 'spring' in the bud, which is why we still have the 'middle kingdom' to kick around.
chetty: nah, don forget the migration from the south, they will repopiulate
asciilifeform: the american 'spring' will be a sight to behold.
mircea_popescu: asciilifeform american really has naught to do with it.
asciilifeform: dub: 'springs' are the time-honoured american method for having a country nailgun itself in the head.
mircea_popescu: they call it vegetarian or w/e the hell, but facts are facts.
chetty: much of the world is already way too dependant on internet, heck its even in soda vending machines now
mircea_popescu: like the house of many bans meat.
mircea_popescu: if us bans cotton tomorrow, or oil, or w/e, it'd simply be because it finally became too poor to afford it.
mircea_popescu: banning consumer grade shit usually is accomplished through being poor.
mircea_popescu: there's two conflated points here. you can ban "consumer" grade shit any time. this is fine but irrelevant. bitcoin is not consumer stuff.
dub: iraq is the most recent example I'm aware of, but pick anywhere the 'arab spring' reared up
DreadKnight: mircea_popescu, radio waves melting the ice or what? xD
mircea_popescu: <dub> remembering the internet does get banned periodically in various locales << in the sense it's banned in antarctica, sure.
DreadKnight: dub, communism is not freedom; china made own linux distro and imposed it, for a fee, in internet-caffee places and other businesses, kicking microsoft in the nuts and finally taking over
DreadKnight: asciilifeform, maybe, but at least something got out about the event instead of total darkness
xmj_: dub is missing the point
chetty: exactly like that, and stalin didnt send anyone to gulags (oh oops actually there wasnt anyone named stalin to do that)
asciilifeform: DreadKnight: the u.s. state dept.'s version of the events, sure.
DreadKnight: college students had a protest, they were shot by government / military
asciilifeform: !s tiananmen
xmj_: chetty: like nothing happened on june 4, 1989, in tiananmen square?
asciilifeform wasn't suggesting that bans 'work', but disputing that ltc is any kind of pill against whatever effect a hypothetical ban might have.
DreadKnight: I like that btc got mentioned quite a few times in a sci-fi / futuristic show called "Almost Human"
dub: there are technical measures they could bring against bitcoin
DreadKnight: you don't get to see aspiring ads displayed on tv anyway
chetty: if its against the law to rain before sundown then it cannot happen and if you say it did you are guilty of something
dub: remembering the internet does get banned periodically in various locales
DreadKnight: hah, there are a lot of re-branded pharmaceutical drugs nowadays, basically the same thing as aspiring or other common stuff, just at way higher prices
asciilifeform: (the way usa used to ban drugs by name, but now includes a kind of 'regexp' matcher of chemical structure)
asciilifeform: any earnest attempted ban would presumably include all blockchain-based tech
mircea_popescu: chetty moar like, the moon.
DreadKnight: punkman, I'm aware, good point as well :) I guess it's were all the banks and money related problems started appearing... and inflation!
FabianB: <+mircea_popescu> FabianB: isn't on bbet either, often bets with 0.1 on yes and 10 btc on no << that's not so often is it ? <-- no, just saw a few
xmj_: great minds think alike
chetty: ban bitcoin? might as well try to ban the internet
mircea_popescu: xmj_ taleb sed so, AndrewJackson even has it in his part message.
DreadKnight: mircea_popescu, yeah good point, but I see ltc as the "next missile in line to fire", just in case
xmj_: someone banning bitcoin would be the best thing ever, as it's much like a hydra.
punkman: DreadKnigh, fiat was digital much earlier than computers
mircea_popescu: it's not merely "more fish in the pond". that's the easy part. "more swimming fishes, that are doing fine in spite of a laundry list of <deffects> you may imagine"
DreadKnight: yeah, in case btc gets banned, you got more fish in the pond; so either ban "digital currencies" but fiat money kinda got converted to digital with credit cards
mircea_popescu: asciilifeform ltc is primarily the politician's captive daughter re "we'll ban bitcoin!"
benkay: improvement on the scale of bitcoin over dollars
benkay: <DreadKnight> some try to improve stuff under the hood, but I don't have the technical expertise to figure out if those changes are really improvements // if the improvement isn't plain as the nose on my kike face it and everyone behind it are going to get glassed
DreadKnight: so it was just a matter of time; mining difficulty keeps increasing
DreadKnight: asciilifeform, well, after GPU mining was redundant on btc, a lot of people switched to ltc, but pretty much no coin is worth mining with GPU anymore now
asciilifeform: DreadKnight: i'd argue that ltc is an experiment ('let's banish asic') that failed.
DreadKnight: it's not very likely any time soon that all humans will only use a coin, same goes for languages; a lot of people benefit from conversions / exchanges
DreadKnight: it's good to have ltc around, just like there's both gold and silver
DreadKnight: they're kinda like branches of software, so a bit of experimentation is good to be done in "test areas" rather than on the popular blockchain everybody is using
DreadKnight: some try to improve stuff under the hood, but I don't have the technical expertise to figure out if those changes are really improvements
asciilifeform: DreadKnight: other than (arguably) 'litecoin' - which?
DreadKnight: there are only a few coins that actually bring something new to the table
DreadKnight: altcoins are kinda like linux distros nowadays, a lot of people making yet another one for no apparent reason (trying to get rich with not much work), just to change the name and such, hoping they might get lucky
DreadKnight: benkay, anyway, was wondering why you said you would nuke those people since you didn't provided an argument; are you against seeing more joke coins or what?
DreadKnight: benkay, took my quite a bit to remember that MPEx thing and figure out what part of it names stand for, still not sure about the full name; it's an acronym; anyway, stock related stuff is usually named using acronyms and rather obscure compared to regular brands
benkay: what's the MPEx brand and how does it make or break MPEx?
benkay: i suppose if they're undifferentiable from other chicom-originating crap, DreadKnight. otherwise, there's value provided that a brand has nothing to do with.
mircea_popescu: and i guess if it weren't on coindesk. which two are problly synonymous anywaqy.
mircea_popescu: fluffypony: 46k-spent-mining-hardware-final-reckoning << that'd have been a much better post if it actually included numbers. you know, paid this, then, made back this much so far etc.
DreadKnight: there's a lot of psychology in branding, can even make or break the products themselves
DreadKnight: mircea_popescu, very common names can give companies or product a huge boost regarding making those finances
mircea_popescu: DreadKnight no, mainly you're turrning yourself into a problem because you keep beating that dead horse discussion while we're talking finance, which is the overriding topic here.
DreadKnight: benkay, first that I hear that word, guess it's a location xD
mircea_popescu: jurov you mean the ~20 btc that sold for 21ish average and the book is pretty much back ?
DreadKnight: mircea_popescu, mainly I have a problem with Apple and who allowed it to have that name
jurov: i mean, if i wanted to liquidate s.nsa, i'd have to sell for 90% and still wait till it gets filled
mircea_popescu: benkay well he has a serious problem with a bunch of kids that wish to be made rich by bitcoin through nothing more than just that.
DreadKnight: benkay, that's exactly what most people say xD
DreadKnight: kuzetsa, me too, it tans the fruit and ties it to hardware and evil
benkay: jurov et al a huge issue in btc finance right now is the lack of long term plays and the fixation on returns! now!
kuzetsa: DreadKnight: when I hear "apple" I think of the company and feel a little sick
DreadKnight: so it's not really my own problem, is something related to our design and the masses
DreadKnight: benkay, most people when they hear "apple" get a little more spit in their mouth, it's how psychology works, you have involuntary reflexes which you can't control properly
mircea_popescu: but this is a sidepoint anyway, im more interested in the f.* impossible to liquidate thing
mircea_popescu: jurov so it'd take months to sell for more than the average ? this is expected no ?
jurov: iirc 20% above ipo/long time average price
DreadKnight: benkay, so when you talk about common stuff like food you think about the less known altcoin or hardware company and the other way around, which is evil
mircea_popescu: obviously the price and time correlate, i'd think
DreadKnight: benkay, bacon is food, apple is food, naming software or hardware after food is somewhat applying psychological manipulation, think about the Pavlov's dog
jurov: i have multiple past experiences that one has to wait months for such asks to be sold
mircea_popescu: it is sinful to at the same time know and not have announced.