770100+ entries in 0.494s

nubbins`: ^ incidentally
this is where "mind your Ps and Qs" came from
B007: I
think you misunderstand
the purpose of
tanks and nukes,
they are for foriegn wars
benkay: nubbins`: more arcade style "put in some doge! some lite! some bit! get stuff
to use!"
benkay: grah infinite possibly fun
things
to do
benkay: makes me want
to build a pay-to-play 4x webgame
chetty: The holding up a mirror
to
the police was pretty good
benkay: task for lurking do-gooders: liberate
the list of police names and addresses in all of your hometowns
mircea_popescu: this is
true. "we know where you live". whats
the
tank good for ?
benkay: more along
the lines of "who can muster a pickup full of men with shotguns"
mircea_popescu: if you read
that facebook explanation of
the
thing in
the ukraine,
the guy clearly states
that
the police did not dare intervene in force chiefly becayse "we know where
they live and would have killed
them off one by one"
mircea_popescu: benkay im saying
that
things such as nukes, and
tanks, and so on are grossly unimportant anymore.
benkay: you're saying we're headed clean back
to horses?
mircea_popescu: benkay i doubt
that'll end up mattering. as it is right now, nobody cares who can ride horses or owns a pair of chaps
nubbins`: there was some disagreement about federal money and he ordered
the canadian flag be
taken down from all provincial government buildings
nubbins`: the guy in charge at
the
time was a real hothead
benkay: the
tanks'll have
to change hands first.
mircea_popescu: when in fact
the room should have been full of suits suddenly realising
that
the guillotine is for
them.
nubbins`: i picture a room full of suits furrowing
their brows and wondering aloud if
they can un-expropriate
things
nubbins`: "The government later learned it had accidentally expropriated
the former mill property in central Newfoundland — and its environmental liabilities — as well."
ozbot: The SOPS, or what might you expect from government clerks pe
Trilema - Un blog de Mircea Popescu.
mircea_popescu: on of ongoing legal proceedings Abitibi had against
the province, and
the blocking of access
to Newfoundlands courts by Abitibi.
mircea_popescu: The company closed its paper mill in Stephenville, Newfoundland in 2005, and announced in 2008
that it would also close its plant in Grand Falls-Windsor.
The Newfoundland and Labrador House of Assembly promptly passed legislation expropriating AbitibiBowater's assets in
the province.
This included
the cancellation of water and hydroelectric contracts and agreements between
the province and Abitibi,
the cancellati
ozbot: Newfoundland and Labrador v. AbitibiBowater Inc. - Wikipedia,
the free encyclopedia
mircea_popescu: (obv
the russian govt side would very much argue
that
they did a splendid job, protected it via diplomacy.)
benkay: whole mining stack gets snatched up and
taken over by
the government.
mircea_popescu: the russians even weren't able
to protect
the claims of
their oligarchs in cyprus
mircea_popescu: who is going
to send in
the army, ww1 style,
to protect your claims
nubbins`: (where are
those drumsticks...0
benkay: i'll settle for
the machines.
mircea_popescu: repudiation is
the unilateral rejection of a claim. like what companies do on havelock,
ozbot: MtGox.com (MtGox) on
Twitter
mircea_popescu: and moreover, even if
they strike it big, repudiation is a major concern.
benkay: pick up nautilus for pennies on
the dime when
they go under, mircea_popescu
nubbins`: fun fact,
the easternmost point in north america is in denmark
mircea_popescu: benkay amusingly, it's exactly
the same
thing, because of
the huge capital barriers involved.
nubbins`: and
the usa i guess, 'cos of alaska
benkay: rendered irrelevant by deep sea mining
though
nubbins`: not just for minerals either, hence all
the hand-waving and sabre-rattling around claims
to
the north pole
nubbins`: canada's north is
the hot spot
these days
mircea_popescu: i kinda
tried
to give an abstraction, pretty much all countries with explorable land do some variant of it.
mircea_popescu: nubbins` aren't you describing
the exact same
thing ? :)
mircea_popescu: randomcloud i used
to have a well paid consultancy before bitcoin swallowed me.
nubbins`: the exploration companies pay bums
to camp out in lineups for days/weeks
nubbins`: once a year
the canadian government sells
titles
nubbins`: the process of procuring a claim here is a bit of an odd
thing
mircea_popescu: pretty much all fields have a few majors in
this business.
mircea_popescu: once a claim is actually worth enough,
the majors buy
them out.
mircea_popescu: the smarter and luckier actually get exploration companies
together, which have possibly valuable claims.
mircea_popescu: the idiots, who are people who wish
to strike it big,
take all
the risk and go camp in
the wild, whittling
their lives away fighing
the impossible odds of nature.
mircea_popescu: the way
the exploration market works is,
the governments holding explorable land spend some public money on support services for idiots. like i dunno, geologist support.
benkay: but robots man! i've always had a hardon for robots. i'd like
to get back
to hacking on robots, and of larger scale
too.
benkay: well, maybe holding stock is
too much exposure
benkay: i'd kill for some. or
to work with
them.
mircea_popescu: provided you have
the sense
to identify which shares are worth holding in
the first place.
mircea_popescu: currently it's riskier
to hold fiat shares
than it is
to hold bitcoin shares
benkay: nautilus minerals has apparently canceled
their deep sea mining relationship with whichever
tinpot country
they were working with
nubbins`: this is why people are worried about massive algal blooms in
the ocean
mircea_popescu: and in fact
there's more of
them
today
than 200 years ago, because we keep dumping all
this organic and iron into
the ocean
nubbins`: i for one welcome
the arrival of intelligent plants
nubbins`: TBF when you keep making people and stop making
trees,
the level of O2 is obv going
to decline ;p
mircea_popescu: when i was a kid i loved a game, something like 3max or somesuch. it consisted basicalyl of
this, you built robot metallic
things, and fought over land an water against enemies.
benkay: no, i
think building robots
benkay: ocean mining is a
thing i plan
to do when properly capitalized.
mircea_popescu: nevertheless it's a fact
that oxygen saturation in atmosphere has been dropping for
the past coupla centuries.
mircea_popescu: and while
the "Carbon" preoccupation is laughable on
the part of hte "climate scientists", ie
the dudes dressed in white coats on
tv screens,
mircea_popescu: lar system is free oxygen. If
there will ever be a "peak" in
the inputs
to hydrocarbon combustion in
the solar system it will be in free oxygen -- which as a natural occurence is extremely rare beyond Earth's atmosphere, and is rather expensive
to make artificially.
mircea_popescu: Some perspective, even some purely
theoretical perspective, is in order. If we look at
the problem at
the scale of
the solar system, we find
that hydrocarbons are remarkably common --
Titan has clouds and lakes of ethane and methane, for example, and
there are
trillions of
tonnes of hydrocarbons, at least,
to be found on comets and in
the atmospheres and moons of
the gas giant planets. What is far more scarce in
the so
ozbot: Mining
the Vasty Deep
benkay: oh
the underwater mining routine?
benkay: does he make coherent arguments on
the
topic?
mircea_popescu: the problem is
they have
the unmitigated audacity
to pretend like
they know what
they're
talking about.
mod6: its a never-ending parade of idiots commenting on
twitter about bitcoin