703700+ entries in 0.398s
decimation: it's easy
to count circulated (and counterfeit!) printed dollars
decimation: no.
try
to find out exactly how many dollars
there are in
the world, for instance
mircea_popescu: i
tihnk
the first rule of embezzle is
that you can never know how much bezzle
there is.
decimation: that's pretty much
the whole bezzle right
there
decimation: $23
trillion are in us "retirement assets"
decimation: see,
there about $70
trillion assets in
the world
decimation: heh yeah last I read
they were being
told
that
they can get
their gold "real soon now"
mircea_popescu: and what
the relation is exactly between
that and
the current ukraine stuff.
decimation: some computer says
that some other computer says
that it has a gold bar, but
they can't
touch it
mircea_popescu: in
that sense,
they're probably also married
to women i fuck.
decimation: plenty of US citizens 'hold gold' but have never
touched
the metal
decimation: well, it's a hilarity forced upon
the us by
the USG
mike_c: certainly something will be used
to explain
the rise after
the next bump. always gotta be a reason or we have
to admit we have no clue.
mircea_popescu: decimation
the nonsense of holding gold "in your 401k" is so amusing
to me.
decimation: yeah, it's hard
to separate all of
the confounding factors
mircea_popescu: besides, couldn't have marketed it during dot com bubble, nor during
the intervening contraction
mircea_popescu: just,
they hadn't figured out how
to "market" it
till recently.
decimation: Yes, I
think so. But it was also
the first
time
that it was easy
to buy "gold" in your 401k account
mircea_popescu: wasn't
that more related
to various red
talk shows pumping iot ?
decimation: this is
true. but
the usd price of gold went up quite a bit after
the gold ETF's opened up
gribble: Bitstamp BTCUSD
ticker | Best bid: 439.35, Best ask: 440.51, Bid-ask spread: 1.16000, Last
trade: 440.51, 24 hour volume: 8881.04229449, 24 hour low: 429.6, 24 hour high: 456.27, 24 hour vwap: 440.711490321
mircea_popescu: experience shows
that
the various fiat side efforts have pretty much zero impact on bitcoin price, you know ?
decimation: this supposed bitcoin etf, although not new, might be a harbinger of
the next leg up in bitcoin v. USD
mircea_popescu: we'd all love
this situation where
there's a way
to avoid all risk. nevertheless,
that's a counterfactual. irl, adults have
to pick a poison at all
times.
mircea_popescu: decimation arguably NOT incorporating on mpex is
taking an even bigger risk.
decimation: well,
they are certainly
taking a big risk
benkay: one might go so far as
to say
that listing on mpex and incorporating in
the states are mutually exclusive at
this
time.
decimation: the
trouble is
that if
they are incorporated in
the US,
they might make USG an enemy
mircea_popescu: anyway,
the guy does miss an impoirtant point : small companies can indeed opt out of patent
trollage :
they incorporate on mpex, as per bitcoin rules.
decimation: yes, it is pretty clear
that
the "patent system" has been captured by
those who are enriched by patents
mircea_popescu: stronger
than
that :
the prestige of people judging it depends on
them giving out patent support.
decimation: yeah it seems like
the basic problem is
that
there is no coherent law, so
the courts are faced with either making stuff up or continually pawning
the problem off onto someone else
danielpbarron: heh,
that's
the
twitter profile description of an associate of mine
assbot: How a rogue appeals court wrecked
the patent system | Ars
Technica
mircea_popescu: "Being of
thought and freedom. Working on my financial future
through proper investments in BTC, and working on becoming a poker master."
Apocalyptic: with order expiration
time shown, and no
trade log
mircea_popescu: i guess bitcoin bourse guy should patent
the website
that sells
things
mircea_popescu: so amazon now has a patent on
the concept of
the white wall
assbot: EXCLUSIVE: Christie officials gave millions in public funds
to VC firm, despite “pay
to play” rules | PandoDaily
bravetheworld: benkay
thank you again. i got
to be on my grind now,
take care all. nice "meeting" you :)
benkay: anyways bravetheworld we
take identity pretty seriously around here. consider getting yourself into
the #bitcoin-otc web of
trust so you can hang out and
talk more without
the incessant
bounce selflessly offers
to soak up
the excess monies
benkay: ;;google
trilema
too much money
bravetheworld: lady-droid for fun fun or
the grilling of steaks please
benkay: less frequently of late
the procurement of actual parts gets involved, but
that may change.
benkay: i do business consulting. occasionally
the procurement of software gets involved.
benkay: implying
there's a difference, bravetheworld.
mircea_popescu: ;;later
tell bitcoinpete i also don't own half of every stock, such as for instance s.nsa, where i'm an implied minority (via ssws)
mircea_popescu: ;;later
tell bitcoinpete dude it wasn't in my back yard, it was at like a hotel and everything.
bravetheworld: mircea_popescu don't consider
this meeting but noted
mircea_popescu: i'm
the richest guy you've ever met, and if i can help it,
the richest guy you'll ever meet.
assbot: Bitcoin
TOP-500 Richest
benkay: i acquire bitcoins by building
things. sometimes i have
to
take some other paper first.
bravetheworld: mircea_popescu & benkay do you mind if I ask what you guys do? or let me rephrase. what is your participation in bitcoin? just interested
to know
the crowd
benkay: mircea_popescu: but out
there for his clients he runs his own
thing.
jurov: adjective: lateral : of, at,
towards, or from
the side or sides.
mircea_popescu: jurov i dunno what fucking you've been
to, but
there's nothing motherfucking lateral about it.
benkay: he runs his own
thing.
benkay: he runs his own
thing?
benkay: asciilifeform makes widgets and is more of a smug lisp weenie
than me
benkay: no
the bash runs on vexual
jurov: mircea_popescu no,
that's bilateral
mircea_popescu: justusranvier runs
the sanity of bitcoin during his rare moments of clarity
jurov: ...except in
the sense
that i fuck women in both holes<<
that's bidirectional
benkay: thestringpuller used
to
trade options
mircea_popescu: bravetheworld i'm not bisexual except in
the sense
that i fuck women in both holes