681900+ entries in 0.39s
assbot: BitBet - FIFA World Cup 2014: goal in under 10 mins :: 0.29 B (67%) on Yes, 0.14 B (33%) on No | closing in 3 weeks 7 hours | weight: 78`609 (100`000
to 1)
mircea_popescu: i recall back in 2012 when i was beating
the bushes for sane iranian peoples lol
mircea_popescu: aite
then. dealing with iran isn't such a bad
thing anyway
davout: i desire
them,
that's what's special
davout: handmade shoes for 150 bucks, plus i get
to
transact with iran
davout: also
they were featured i some
tv bitcoin documentary, what decided me
to get some was how
the iranian shoe maker made fun of
the western journalists shoes
mircea_popescu: too strong statements put you in
the unenviable position
that a ready counterexample can be constructed
that speaks
to what you say, and
then your entire argument looks weak, where it needn't.
mircea_popescu: take pussy for instance. pussy is constructed with
the average user in mind. it's not shit,
that's a different hole.
mircea_popescu: Right off
the bat, we see
that Litecoin is pitched at
the “average user.”
This, of course, is a huge red flag
that Litecoin is doomed
to failure. Anything aimed at
the lowest common denominator must necessarily be shit. <<< like what, like air ?
mircea_popescu: if you say "By
this logic, it is better
to buy half of a pair of boots
than a whole car" you are.
mircea_popescu: if you say "<<At around US$30/LTC, it’s more affordable
to outright purchase
too. >>
This author, like many a CoinDesker, is of
the mistaken belief
that buying a whole shitty
thing just because you can afford it is better
than buying a part of something far superior.
Today, you can buy a million satoshis for $6 or you can buy most of
the Dogecoin for sale on
the market. Incredibly, some people will actually go for
the la
mircea_popescu: ;;later
tell bitcoinpete you know, your litecoin article'd benefit from a lot more reductio ad absurdum and other directly-obvious proofs
to displace most of
the appeals
to authority.
davout: did anyone buy
the emblematic iranian shoes?
chetty: I dont see
tax so much
the issue as
the bank squeeze
jurov: slovankia/eu. but
the VAT needs not be such a big problem as
the paint it
jurov: los_pantalones what's better word for poor schmucks like me
that need
to get
the fiat out somehow?
los_pantalones: i always
thought UAE would be
the best jurisdiction for btc
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mircea_popescu: they seem
to not wish
to submit, so
they will have
to be killed, pretty much.
mircea_popescu: this is also why stomping out us influence in bitcoin is quite so critical for its survival at
this juncture.
mircea_popescu: guy knew EXACTLY what was going
to be going on, back in... 2009.
mircea_popescu: ore disastrous, as with
the most recent one. Each attack is hugely successful, and after
the cataclysm
that
the attack causes
the attackers are hailed as saviors of
the poor,
the oppressed, and
the nation generally, and
the blame for
the
the bad consequences is dumped elsewhere, usually on Jews, greedy bankers, speculators, etc, because such attacks ar
mircea_popescu: The big and easy government attacks on money
target a single central money issuer, as with
the first of
the modern political attacks,
the French Assignat of 1792, but in
the late nineteenth century political attacks on financial networks began, as for example
the Federal reserve act of 1913,
the goal always being
to wind up
the network into a single
too big
to fail entity, and
they have been getting progressively bigger,
mircea_popescu: seductive, and S. 190 goes down in flames before a horde of political activists chanting
that easy money is sound, and opposing it is racist, nazi, ignorant, and generally hateful,
the recent S. 190 debate on limiting portfolios (bond issue supporting dud mortgages) by government sponsored enterprises being a perfect reprise of
the debates on limiting
the issue of new assignats in
the 1790s.
mircea_popescu: Then knowledgeable people complain
that
the evil financial network is heading for disaster,
that
the government sponsored enterprises are about
to cause a “collapse of
the
total financial system”, as Wallison and Alan Greenspan complained in 2005,
the government debates shrinking
the evil government sponsored enterprises, as with “S. 190 [109th]: Federal Housing Enterprise Regulatory Reform Act of 2005″ but
they
mircea_popescu: Government sponsored enterprises enter
the business, in due course bad behavior is made mandatory, and
the evil financial network is bigger
than
the honest financial network, with
the result
that even
though everyone knows what is happening, people continue
to use
the paper issued by
the evil financial network, because of network effects -
the big, main issuers, are
the issuers you use if you want
to do business.
assbot: Feds put up signs
telling cats
to stay away (Psst! Cat's can't read.) |
The Libertarian Republic
mircea_popescu: but re
the paper conundrum,
take
this ancient quote :
trilema.com/digging-through-archives-yields-gold
mircea_popescu: yeah, it's been
through
the years
the most popular scam. "deposit lump sum, we'll pay you a few %s of it a few
times. annuity ftw!"
pankkake: "they pay dividends" is
the usual retort
to any criticism
pankkake: paying dividends seems
the way
to keep investors happy
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mircea_popescu: early bank paper (banknotes) stoood
to gold in a very similar relation. "deposit your gold, we'll pay 5976597985%. in gold. or maybe paper"
jurov: afaik it was
the case with fiat before central banking
mircea_popescu: the only reason
this isn't
the rule now is
the relative small size of
the deals, which makes cluelessness seaworthy
mircea_popescu: it's cheaper
to pay a few % and pretend like you've paid
than
to not pay at all.
mircea_popescu: all
the "everyone made ROI hand over fist with a 60% btc loss" crowd will be well served.
mircea_popescu: increasingly more respectable firms will be offering btc denominated savings accounts with a fiat clause as
the cheapest most accessible way
to get in
the game
mircea_popescu: on
the short
term, 2015-2016, it'll be AMAZING what sort of interest people will be able
to earn if
they don't actually want
their bitcoin capital back
kakobrekla: i
thought pirate was out of jail at first
chetty: <mircea_popescu> <jurov> if i scale down
the craziness, maybe
tongue implant would actually work..
to pay or gpg sign something, one has
to lick
the electrodes << im not fucking licking anything<< well your slaves can do it
assbot: Ukraine Gas Pipeline Explosion Won't Affect Supplies
to Europe - WSJ
mircea_popescu: <jurov> if i scale down
the craziness, maybe
tongue implant would actually work..
to pay or gpg sign something, one has
to lick
the electrodes << im not fucking licking anything
chetty: so in Pennsylvania if you don{t log into a bank account for 6 months
the state
takes it
assbot: Tongue piercing helps paralysed patients drive wheelchairs | Society |
theguardian.com
davout: jurov:
that would work amazingly well if coupled
to a buttwallet
jurov: if i scale down
the craziness, maybe
tongue implant would actually work..
to pay or gpg sign something, one has
to lick
the electrodes
davout: asciilifeform: it's much funnier
to change
the background
to a full screen shot, and
then hide
the icons
davout: lol, i guess it needs
to be
tailored
to
the
target
jurov: davout,
that depends :D
davout: well, if each
time you leave your desk without locking your session you find full-screen gay porn playing upon returning
there you start paying attention
to locking your session
pankkake: i.e. I was expected
to send porn
to my "boss"
davout: nsfw can also help improve security policies at
the office
pankkake: my last employer was NSFW friendly
though
pankkake: somehow I feel
the last links are NSFW
davout: i can't wait for
the
triple-entry accounting illustration
chetty: hmm never actually considered getting a
tattoo ....before
pankkake: the real issue with his plan is
the block size limit
jurov: ofc, in
the butt,
too (butt one will be
then configured by user
to ask more)
jurov: asciilifeform: what about S.NSA developing btc wallet
that can be implanted into dick/cunt with NFC capability?
jurov: she prolly forgot
the
text "insert bitcoins here"
assbot: Bitcoin
tetovania s v kurze. Pozrite sa na pravch fanikov digitlnej meny.
assbot: I scared myself
today |
The Musclehead Gym
davout: pankkake: "it's daily volume" <<< nothing
that a couple 0-fee accounts can't fix anyway
mircea_popescu: in unrelated news, my pyjamas have little octopuses on
them, my
table is an inch of glass, i prop my knee under it while sitting. 3rd fucking
thims
this morning i had a peripheral vision panic of "WHOA WTF ARE
THOSE"
mike_c: mine? it was great. left
the kid at grandma's and went out with
the wife.
los_pantalones: you have
to submit a price on friday, find out if you win monday night
mike_c: or, if i'm putting words in his mouth,
then
that's what i
think at least.
mike_c: jurov: for
the record, my retarded comment was about buying
the coins
to sell, not your
theory :) but i agree with mp
that I don't
think
the bitstamp price will have much
to do with
the auction price.
mircea_popescu: i was about
to say davout got 51 problems and a horse ain't one.
mircea_popescu: pankkake whoa shit,
they're getting close
to
the 100 btc cutoff ?!
mircea_popescu: pankkake you don't have
to use
the exchanges. you can just undercut los_pantalones here :D
los_pantalones: and i
think
the process is not bad, chunky sizes
to better financed entities
jurov: but still.. maybe it's
the same derp who bought s.dice day after divs were paid
pankkake: can
the exchanges even handle 20000 coins?
that sounds risky for a quick profit
mircea_popescu: how about you know, derps paying voluntary stupid
tax (again)