711600+ entries in 0.367s
mircea_popescu: but with
the countless neon moons distributed all over,
this ceases
to work
mircea_popescu: they're
tuned
to seek
the moon in
the dark, you see, because while
they can't go
that far, all of
them seeking it ensures
they meet
mircea_popescu: btw, i don't know if you realise
this, but we're fucking up most insects something fierce.
mircea_popescu: then make another one, and with
the profitos from
the first one, buy a a banner ?
mircea_popescu: "what premises would we need for intelligent frogs
to make perfect sense ?"
mircea_popescu: sometimes i entertain
this vague notion where we're somehow all wrong and
the nonsense somehow actually makes sense
TestingUnoDosTre: I'm going
to go create a betting website, go advertise on bitbet,
then create a bitbet
that my site will last
throughout
the year,
then bet on NO
decimation: at least
they sold out
to respectable beltway banditry
kakobrekla: yes everyone advertises on bitbet comments, from predictious
to fairlay
decimation: yeah I agree "us -> india" is on
the optimistic side
mircea_popescu: asciilifeform i bet you
that if you asked indian
teens
today,
the millionaire speaker ee guy is more interesting a worship idol
than
the physicist.
TestingUnoDosTre: until Dr. Dre came into
the headphone space.
Then idiots lost
their money
twice as fast
decimation: he was a legitimate EE prof at MIT, but apparently found it more profitable
to separate idiots from
their money
decimation: ah okay I'm
thinking Bose of
the bose speaker empire
decimation: I'm sure being India
there's a caste aspect
to it
too
decimation: sounds legit. Why not learn on
the very machines of
the old master? Better yet, fix it up
mircea_popescu: maybe when you're old and dying you pick a guy
to bequeath your yurt line
toi
decimation: I
think it would be great. Young engineers would occupy
the greybeard's old shacks, and repeat his experiments
decimation: the problem is
that
they are running out of places
to sprawl and ruin
decimation: yeah
the average usian moves every 7 years as i recall
mircea_popescu: by
the
time
they're falling apart i was just about leaving
mircea_popescu: it matches my lifestyle perfectly, i get
to a new place, buy a set of
the plastic shits
decimation: try buying a decent dishwasher or clothes washer in
the us
decimation: kitchen appliances go from stainless machines
that last for decades
to cheap plastic shit
that rots after a few years
mircea_popescu: decimation
that's a major point of socialism : it uses
technology
to degrade quality of life
mircea_popescu: nobody'd come
to put up
the show and shake
the bottled fars for
them
decimation: I was
thinking about
this
the other day. Almost every
technology advance has been used in
the US
to reduce quality and increase prices. Cell phones go from 25 kHz analog channel
to 10 kbit/s "channel"
mircea_popescu: w/o
the welfare cheques,
the "vc" bunch would be alone in a room.
artifexd: unix-y d. As in
the worker
that does its work out of sight. Daemon.
artifexd: "craftsman"
That was
the motivation behind my choice of nick.
To continually remind myself of
the meaning behind
the word and
to aspire
to have
that word used
to describe me.
decimation: it seems
to me
that any core group ("old republicans?") who would stand and fight would easily be crushed by
the existing US power holders
mike_c: artifexd: yeah, i don't know which way
that bet is going
to go, but it will be a bumpy ride.
mircea_popescu: the ill effects of moral hazard produced
through giving idiots free money are far reaching.
mircea_popescu: something like
that. as
they say, a fart stinks up
the entire room.
mircea_popescu: the engineer would NOT
think
there are more important
things in life,
mircea_popescu: of course, a large part of hte problem is
that if
the derps running around on welfare checks debasing
the cultural impoirtance of money,
TestingUnoDosTre: oh my fuck, you're
telling me I could have just bet both sides at
the beginning and won?
ozbot: Regulating Digital Currencies: Bringing Bitcoin within
the Reach of
the IMF by Nicholas Plassaras :
mike_c: 1 ATC block in
the last 2.5 hours :(
mike_c: it is a fund. you give money
to mpif, it invests it in various bitcoin
thingies.
TestingUnoDosTre: I'm very confused
to what MPIF actually is. Can someone explain? I have read
the mpex page, but it has not enlightened me
to what is exactly going on
mike_c: bitcoin
time.. it feels like forever.
mircea_popescu: BingoBoingo panacea's almost a year old, jd is almost
two.
these aren't histories, berkshire is like 50 years old.
mircea_popescu: yes, like 1mn and a little sold, and i have almost 1mn which is sitting in
the book
mike_c: and
there is another block of 1mn sitting on
the order book?
mike_c: i
thought
the block of 1mn
that sold was you selling your shares in mpif