log☇︎
770100+ entries in 0.494s
nubbins`: B007, you sure about that?
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
asciilifeform: jurov: (perhaps belated) 'duplicate moduli' is exactly what it says on the box.
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
nubbins`: next thing ya know, this: http://www.mukamo.com/wp-content/uploads/2013/07/cryingcop10.jpg
nubbins`: chetty, i liked that
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`: quite a stir that caused
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.
benkay: worse than suits
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: compare and contrast this with that idiot judge guy,
mircea_popescu: on of ongoing legal proceedings Abitibi had against the province, and the blocking of access to Newfoundland’s 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: under the guise of "regulation" or w/e.
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: like the us protected rockefeller's ?
mircea_popescu: who is going to send in the army, ww1 style, to protect your claims
nubbins`: (where are those drumsticks...0
nubbins`: wait, those are companies?
benkay: i'll settle for the machines.
mircea_popescu: repudiation is the unilateral rejection of a claim. like what companies do on havelock,
mircea_popescu: lol they beleeted it all ?
ozbot: MtGox.com (MtGox) on Twitter
mircea_popescu: and moreover, even if they strike it big, repudiation is a major concern.
mircea_popescu: benkay whjen they go under it'd be too late.
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
mircea_popescu: a war over the np would be cool.
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: possibly the russkis being the lulziest
mircea_popescu: i kinda tried to give an abstraction, pretty much all countries with explorable land do some variant of it.
randomcloud: Oh. That's pretty cool.
mircea_popescu: nubbins` aren't you describing the exact same thing ? :)
nubbins`: land titles
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
randomcloud: How do you know all of this crap?
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
mircea_popescu: provided they'll actually not renege.
mircea_popescu: benkay those are shares to hold
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
mircea_popescu: iirc algae actually produce more oxygen than trees
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: it got bonus to planes iirc
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
mircea_popescu: to the tune of what, 100 trn ?
benkay: ocean mining is a thing i plan to do when properly capitalized.
mircea_popescu: "fresh air" ain't quite as fresh as it used to be.
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: this is in fact sound, at that scale.
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
mircea_popescu: sort-of. difficult to evail
benkay: oh the underwater mining routine?
benkay: does he make coherent arguments on the topic?
mircea_popescu: TIL nick szabo thinks peak oil is nonsense.
mod6: very true.
mircea_popescu: the problem is they have the unmitigated audacity to pretend like they know what they're talking about.
mircea_popescu: mod6 commenting'd be one thing.
mod6: its a never-ending parade of idiots commenting on twitter about bitcoin