718500+ entries in 0.461s
benkay: Once
the number of mimics is sufficiently high,
their valueless enterprises become
too conspicuous and
they no longer pass off as legitimate investments.
mircea_popescu: "In an expansion investors are constantly looking for better places
to invest
their capital, while entrepreneurs are always overconfident, hoping
to get capital
to fund
their restless ambition. Sometimes,
the investors (dupes)
think a certain set of key characteristics are sufficient statistics of a quality investment because historically
they were. Mimic entrepreneurs seize upon
these key characteristics
that will all
mike_c: fuck,
there goes my evening.
mircea_popescu: now... explain
to me again how
teh nsa is 5 years ahead of my penis.
ozbot: imgur:
the simple image sharer
mircea_popescu: because well....
they can't compete, because
they solve a problem rather
than grooming it with dysfunctional non-solutions, and so have nothing
to kick back.
mircea_popescu: as a result, all
the proper urinals are nao destroyed.
mircea_popescu: and got kickback-based contracts
to "supply"
the city.
mircea_popescu: dumbass firm started importing
the 2mc bullshits, with chemical "processing"
mircea_popescu: romania had, in all cities, proper urinals built all over
town.
the whole shebang, with running water.
ozbot: imgur:
the simple image sharer
ozbot: imgur:
the simple image sharer
BingoBoingo: Amazing how in
the US Steam plants are generally just a University
thing and yet every on campus steam plant I've seen has been as boring as shit.
BingoBoingo: "From 1985
to 1989 Williamson worked at Nicolet Instruments in Madison, Wisconsin where he was
the primary author on
two digital hearing aid patents."
mircea_popescu: Humanity was almost extinguished,
their spirits becoming part of
the background radiation
that blanketed
the earth.
mike_c: hm,
there has got
to be an arbitrage loop on btc/usd/human souls
ozbot: imgur:
the simple image sharer
BingoBoingo: Imma have
to guess
the S.MPIF markets are BTC/USD, BTC/Typhoon submarines, BTC/Uranium, and BTC/Human Souls
mircea_popescu: 2.) fluffypony 1247 3.) assbot 1211 << africans and
their long peens.
kakobrekla: i have
two low-mid series pcb manufacturers in 5km radius
BingoBoingo: asciilifeform: I prefer meat bot
to describe my role in
this
mircea_popescu: no robots. unlike
the alex chick i'm an ACTUAL luddite. i use people.
BingoBoingo: I'm kind of curious what other markets S.MPIF is going
to venture into
mircea_popescu: jurov can wait,
the contract'll be up at a sane
time, but in a few days.
jurov: soooo... should i stay up
to add S.MPIF
to coinbr or it can wait?
gribble: You rated user mike_c on
Tue Mar 25 20:15:55 2014, with a rating of 3, and supplied
these additional notes: blogger, dev.
mircea_popescu: im known for my
tough wagers and an almost fanatical devotion
to
the poke.
mike_c: i hate
to
turn down action, but feels like a
tough wager.
there are a lot of people i don't know.
mircea_popescu: you get a list as long as you wish, provided you publish it by
tomorrow.
mircea_popescu: mike_c actually i'll bet you a certain pizza you won't be able
to guess all 4.
mircea_popescu: right. what's "impossible" is just admitting mp has
the power
to make
the impossible quite possible.
mircea_popescu: apparently
this is possible in fiat just fine. whodda
thunk it.
mircea_popescu: because...well...
they use
the mpex shareholding model.
mircea_popescu: so on
the very good news front, i've already lined up 4 managers for s.mpif, whole shebang nominally worth a little north of 170 btc atm.
ozbot: Loper OS » A Country of Which Nothing is Known but
the Name.
bounce: lopsided isn't really
the word. somehow a better word eludes me for
the moment.
mircea_popescu: what i meant was strictly
this,
that your particular response matched what i may have accepted as proof
that you indeed may know how you read it.
bounce: I don't
think all communication is quite
that lopsided,
to be honest.
bounce: doing a little survey among cryptographers of name with how and at what size
they assess
the NSA's knowledge advandage, if any, might be interesting. doing it every couple years maybe even moreso.
mircea_popescu: i believe
that's really
the model for all communication.
mircea_popescu: (trivial
to observe when it noticed you're human because of
the very distinctive "error pls
to start over"
tone"
mircea_popescu: so, as kids, one party game was
to whistle into an old, low baud modem.
they were slow enough
that it was still sort-of feasible.
the game was, who gets
the modem going for longer
thinking it's got a sane modem on
the other end
mircea_popescu: anyway, re your "you're reaching" comment, i
told a story at
teh conference
that should prolly be on
the record.
mircea_popescu: that's
the
trick with "being insulted" : it affords plausible deniability
to
they who don't want
to have
the
truth extracted.
bounce: and you care about
that, how? o_O?
bounce: c'mon, cook up a nice 20 questions
to finnagle
the
truth out of oracle schneier
bounce: I
think you're reaching with
that line of reasoning. I know how I read it and I disagree with how you read it. I will allow
that a-priori notions on either side (or both) might have something
to do with
the interpretation.
bounce: wouldn't surprise me if
the NSA has everyone with a little crypto knowledge on watchlists just
to see
the privately-circulating papers
mircea_popescu: now without offense, let me just propose
to you as a
theory
that it's possible you'd not know how you read it. in
the same sense advertising works.
mircea_popescu: anyway. i know what he's pretending he's
trying
to say, but
that ain't at all what he;s saying. what he's saying is "resistence is futile",
that's
the message, and it's a ridiculous.
mircea_popescu: because you imagine perfect knowledge ("everyone publishes everything
they know and everyone reads it all")
to get your result
mircea_popescu: <bounce> still,
they know what we know plus a bunch <<
this is strictly false.
bounce: still,
they know what we know plus a bunch we don't know much about. we don't know how big it is, we don't know what it does. for
that reason you have
to be careful with
their "gifts".
that's
the point he's making.
Apocalyptic: a possible explanation may be
that cryptography as a field wasn't
that broad in academia back
then
mircea_popescu: and while we know what
they don't know,
they don't know what we know.
mircea_popescu: as
the
things stand right now,
they never had an internal bitcoin,
Apocalyptic: "best guess (last I heard) was
that
they're about five years ahead of
the open community with
the research"
that may have been accurate a few years ago
mircea_popescu: it's not clear why
this reclassification'd be useful
to your position.
bounce: yeah, but we're not
talking NSA as a whole. we're
talking
the stuff
that comes out of
there in
the form of algorithms