707300+ entries in 0.387s
mircea_popescu: at
the very most
tyhe management could solicit nonbinding opinions from holders,
there's a mpex mechanism for doing
this embedded in some listing agreements,
pankkake: I like
the point where you'd have
to
trust other shareholder's opinions. I certainly wouldn't want
that
mircea_popescu: because you couldn't afford
to let a physical
tractor go
to waste, as a society.
mircea_popescu: chetty exactly. but in
the old days of imperfect economy, people actually had
to have a backchannel, and
take over
the
tractor or whatever it was
chetty: buying stock should indicate confidence in management, sell is lack of such - what better votes are
there?
mircea_popescu: history has shown
that
their opinions weren't worth holding.
mircea_popescu: anyway, if you read
the original
thread of
the sdice listing,
the same sort of derpage was raised by
the losers vocal
there. amoing a pile of other "good and considered" reasons not
to invest.
mircea_popescu: immaterial means of production and geographically dispersed agents reduces
the corporate voting
to meaninglessness. not
that it worked
too well pre bitcoin, either.
mircea_popescu: voting rights made sense in
the old days of geographically fixed agents and material means of production.
that situation changed.
mircea_popescu: voting rights are nonsense in bitcoin anyway. what
the fuck are
they going
to do, get a confederatied majority and... what, oust you ?
take over ?
fluffypony: and I'm
trying
to understand why it's so important
to
them
fluffypony: what's
the rationale behind investors getting voting rights if
they cumulatively own like 10% or 20% of a company? doesn't
that seem redundant?
mircea_popescu: at any rate it'd be proper scholarship, rather
than
the current courtois-type nonsense.
mircea_popescu: incidentally, if any of you is fucking a history major on
the side... maybe it's
time for her phd.
pankkake: I wonder how history will work in
the future. You used
to have not enough data, now you have
too much
mircea_popescu: i dunno
that
there could be a better one, should get magna.
mircea_popescu: incidentally,
this could be a phd
thesis for a history student in a good uni.
mircea_popescu: the lack of which is
the worst problem of history, because you never quite know for sure just how important
this particular bit of nonsense really is
mircea_popescu: yeah. unlike a historian, it has
the invaluable advantage
that people present in
the deepest strata of history are still around
today, and
they can say either "ah,
that one point is fucking stupid, forget it" or
the contrary.
mircea_popescu: it's speaking
to contemporaries not
to people long gone
mircea_popescu: cool. so
then it should build context from present day
through archeological remains,
fluffypony: yes -
to satisfy
the noobs and if correctly
tagged and annotated it's a searchable repository of information
mircea_popescu: you're not
trying
tro get me
to pay for access in order
to shake my head
mircea_popescu: this
thing you're making, it's intended
to satisfy
the needs of noobs, right ?
mircea_popescu: they would be building context in
the way of
the noob, rather
than i nthe way of
the sacred cow.
fluffypony: won't
they lack context if
they do
that?
fluffypony: get
them started from like 12 months ago in
the logs
fluffypony: when I get some
time I may actually go hunting for someone
to do
that
mircea_popescu: well so in
that case don't oppose what he said
to me eh!
fluffypony: true, I somehow glossed over
that comment
fluffypony: "asciilifeform:fluffypony: have you hired someone
to chew your food? why not?"
fluffypony: huh? I got shot down when I suggested
that we get someone part-time
to sift
through logs and make an ongoing anthology?
mircea_popescu: fluffypony you didn't get shot down ? i supported it, what did you
think "fluffypony on
the
topic of how good design begets business." meant ?
mircea_popescu: i
tell you it's not my mood,
that'd be like saying
the girl was horny. no, no, it was in your approach, not in her horniness i
tell you! he somehow, improbably, managed
to whistle into
the modem.
mircea_popescu: bitcoinpete: just readin logs atm, looks like drew came by with quite
the edm business proposal. mp's flowers must have put him in a fabulous mood because he's !downed newcomers for less << someone should sometime do a comparative study of how noobs fare in here.
fluffypony: mircea_popescu:
tell him you have sekrit NSA dokumintz proving it
mircea_popescu: the magnificent assets have any suggestion as
to what i should say
to
the redditard next ?
mircea_popescu: TheNewDeal: mpex drop? << yeah it like, plunged a few days ago. it actually does
this, probably
to mess with mike
trying
to understand
the news impact.
mircea_popescu: course, it used
to be made by
the girl in question, but hey. "if
the cake is
tasty, maybe we should come
to
this place more often"
mircea_popescu: "if
the cake is
tasty we should be
together", prolly older
than
the wheel.
mircea_popescu: by
the way,
that's actually quite ancient chinese stuff.
mircea_popescu: i don't
think
there ever existed or could ever exist a functioning society in which nursing jobs are
to be discounted because
too little demand and
too many people wanting
to do it.
mircea_popescu: now granted, if
the
thing
they want
to do is i dunno, watch
tv,
then one could say "how about you do
this instead".
mircea_popescu: and you know, soime people want
to do a certain
thing.
mircea_popescu: well yes she speaks english, she was born in
texas or something, i forget.
fluffypony: mircea_popescu: if she speaks English, why doesn't she look at
the
TEFL stuff and similar? I have a friend in Cape
Town who
teaches English via Skype
to foreigners, she doesn't have
to speak a foreign language, just has
to be able
to speak English
mircea_popescu: the curse of being born in
the best country in
the world, a few decades before it became
the best country in
the world.
mircea_popescu: ;;later
tell benkay "Adding a picture" ?
that article is kinda silly.
mircea_popescu: this is probably also
the fault of
the rentiers and savers.
mircea_popescu: couldn't pay for my fucking coffee. not all
the coffee i drink in a week, either, just, one
time.
mircea_popescu: the best she could find was
this deal where she
took ~12 hours' worth of examinations, and
they got her a
thing for 3 hours / week.
mircea_popescu: because "the recession is over", yet people with valuable experience and qualifications are looking for work.
this somehow makes sense.
mircea_popescu: meanwhile, listen
to
this sad story :
the mother of a friend, who has been a nurse all her life, 20+ years, and who is actually a very good nurse, and who's got a back injury from lifting people in wheelchair up
to busses and so on, has been
trying for
the past 6 months
to get a job.
mircea_popescu: amusingly enough, venezuela is also a federal republic. only... 30ish years more advanced
than
the us
mircea_popescu: in spite of
the government having clearly made a rule
that
there should be
toilet paper!
mircea_popescu: the burgeoisie, god damned
them, keep making it impossible for
the working man
to find
toilet paper in
the store.
mircea_popescu: fluffypony
the socialist state in its final decomposition stages has identified
the enemies of
the people : savers and owners.
fluffypony: mircea_popescu: lol, I read
that as "cautious renters" and I was like "how does
this relate
to people who rent?"
jurov: DrewHorne: fine,
thanks. you're
the festival organizer?
DrewHorne: How are you fine gentlemen and ladies doing
this morning
frankenmint: hmm
thanks for sharing
that wow I'm checking it out
fluffypony: have you considered renting it out on betarigs or whatever
that sight is?
frankenmint: yea which means cutting corners, some hardware hosting folks I
talked
to mentioned
that large private mining clients want barebones power
to setup
their own rigs and cooling
fluffypony: I get
the feeling
that
the only people buying GPU rigs atm are people who want
to buy
them cheaply
fluffypony: frankenmint: missed your question in #litecoinmining
the other day
fluffypony: mircea_popescu:lol pron anal-yzation engines is where
the webmoney is! <- quick! someone
tell MRKLYE!
bitcoinpete: and with
that, i bid ye adieu and bon soir
ozbot: General Dynamics gets contract
to build 12 advanced main battle
tanks with digital vetronics - Milit
TheNewDeal: sounds good. ill keep
the offer of 24000
timeweight open for
the morrow
TheNewDeal: purpose of sale is
to lock in profits, open up bitcoin for future wagers
fluffypony: bitcoinpete: I feel like I missed
the action :-P
fluffypony: mircea_popescu:incidentally, it occurs
to me someone should do a
topic summary of
this channel. what have we been discussing
today, music, heaters, beating small children, points of history of cryptography academic publications minutia, radiobiology <- last
time I suggested I got shot down:
http://log.bitcoin-assets.com/?date=01-05-2014#653313 ☝︎ fluffypony: TheNewDeal: I'm a poor gambler, and don't know enough about it
to make a commitment
Duffer1: it was an interesting lesson, drew
took it well
bitcoinpete: just readin logs atm, looks like drew came by with quite
the edm business proposal. mp's flowers must have put him in a fabulous mood because he's !downed newcomers for less
bitcoinpete: benkay: mircea_popescu has a standing offer on
the
table for people
to promote
the cardano <<say whaaat? colour me curious
bitcoinpete: peterl: and make insurance claims! and call ambulances and police
to
the scene!
peterl: let's break a bunch of windows and pay people
to fix
them!
bitcoinpete: “Spill response and clean-up creates business and employment opportunities for affected communities, regions, and cleanup service providers.” <<true enough.
the gdp-based economy is
the car accident economy, which is exactly why bitcoin is so important
bitcoinpete: "As it stands, banks fear being held liable if funds sent
through money
transmitters reach
terrorist organizations or other criminal groups. In one such case,
two Somali-American women were found guilty of sending money
transfers
to
the
terrorist organization al Shabaab."