793800+ entries in 0.492s
ThickAsThieves: I actually know a guy
that manages contract negotiations between governments and mines
mircea_popescu: so
the driving force isn't bitcoin's immunity
to
the legal
tender law,
mircea_popescu: whereas you have a positive incentive
to mine bitcoin.
decimation: Indeed. Gold in
the ground as ore is just as good as gold in
the ground as a bar.
mircea_popescu: in short : a land deed on a gold field is as good as gold itself. you have a negative incentive
to actually mine it.
mircea_popescu: just put up a sign, National Bank of Romania Gold Vault, Rosia Montana Division on
that mountain and be don with it.
mircea_popescu: why bother with all
the digging, all
the cyanide ponds, all
that, just
to get gold out fo
the ground, move it 500 miles south west and
then... dig a hole, put it
there and guard it ?
mircea_popescu: my objection, and i'm confident
the
thing
that sunk
the project (not for it being mine, but for it being sound) is simply
this :
mircea_popescu: they;ve been
trying
to push
this deal for
the entire decade, hiring pr, doing
tv shows, paying
the idiots living
there fiddy bux a head
to go "omfg we're dying of hunger",
the works.
mircea_popescu: about
ten years ago a mining group formed
to cut out one certain mountain, convert it
to gold (and silver, palladium,
tungsten, etc etc) and pay
the government 20%
mircea_popescu: the austrians mined it,
transylvania still sits on a pile of untold millions of ounces.
mircea_popescu: what i mean by
this is : romania sits on a mountain of gold. it was
the main source of minable gold for
the roman empire, when
they finally conquered dacia
the local king's
treasury financed 100 days of straight games with plenty left over.
mircea_popescu: the reason
they didn't is
that gold has a negative mining return.
mircea_popescu: anyway,
the arguments he makes are mostly sound and generally banal, it just so happens
they didnt work out for gold.
mircea_popescu: well
this article does a lot
to explain his psychological drive in being so bitcoin-butthurt
decimation: Bitcoin is immune from legal
tender law. Unlike fiat, no bank will be able
to force depositors
to accept bank credit (in bitcoin) as fungible with actual Bitcoin
ThickAsThieves: getting my hands on
the source will be Altcoin's "2 weeks"
mircea_popescu: it always pisses me off, because
the kid is clearly bright and yet clearly wilfully stupid. anyway.
mircea_popescu: decimation now you're making me read more of
that stuff.
decimation: Except Bitcoinstein has a much brighter looking future
than Goldenstein
mircea_popescu: decimation even without going into all of
that : bitcoin has massive advantages over fiats. chief among which its fungibility.
pankkake: I don't know, I don't
think I kept
those. I've seen a few novels
too. crazy stuff
decimation: Yes. I read it earlier and now I re-read it. So
the
transcendental nature of Bitcoin describes its ontology. Bitcoin's effect on
the world of humans is more like
that of a soveirgn state.
mircea_popescu: good god, anyone sane filming
that'd have had her half hour nude and
the rest in latex.
mircea_popescu: aeon flux had an incredibly disappointing charlize
theron in it
nubbins`: somewhere, someone is wondering "i wonder if
that's been done..."
nubbins`: some weird masked jester lifting up a My Little Pony's
tail
to examine
the goods?
ThickAsThieves: that is exactly
the only reason i enjoy some anime and asian horror, no
taboo
nubbins`: did i
tell you about
the drawing i found when cleaning out
the rental after
the last
tenants?
pankkake: I have seen
those, but
they're not japanese
nubbins`: in
the sense
that some weirdo drew up a few doodles of exactly
this
nubbins`: i'm sure
there's a "manga" of everything
mircea_popescu: this seems kind-of obvious, i
thought
teh people making
them were creative and like...
taboo-less
Duffer1: Where Late
the Sweet Birds Sang - kate wilhelm i believe
Duffer1: the only
thing i can
think of
that comes close isn't a manga
mircea_popescu: so since y'all are a lot more knowledgeable
than me : is
there a manga/hentai/whatever you call
the weird cartoons which is predicated on females being decerebrated at birth, kept on live support systems, used as reproductive furniture ?
nubbins`: is
there a religion for being selfish?
nubbins`: ThickAsThieves, it's much more subliminal
than religion
ThickAsThieves: is
there a religion for
this, worshiping bacteria and our role as its protectorate?
decimation: And if
the q is "why bitcoin rather
than
the fiat" also yes?
mircea_popescu: decimation well, if
the q is "why bitcoin rather
than
the altcoin"
then yes.
nubbins`: i wonder how much of humans' love for cheese, yogurt, cured meats, fermented dishes, etc etc is bacteria
telling us what
to eat
decimation: So it seems answer
to "why bitcoin?" is "gentlemen prefer blondes" or "choose
the black pawn"
nubbins`: mircea_popescu: well, kill all
the women and see how far you get :P
mircea_popescu: nubbins`
that view is not unlike
the view
that human society is basically women
trying
to survive men fucking
their shit up.
nubbins`: consider
that a human is just a bacteria colony surrounded by a fleshy support system
jborkl: Well it didn't work out for
the human centipede
ThickAsThieves: maybe
thats all eating is, humans
trying
to find
the perfect mix of microbes
to balance
the gut for immortality
mircea_popescu: pankkake actually it's possible
that
the recent rise in ass licking as a sexual practice is fundamentally driven by
the need
to compensate for a lack of bacterial load in
the digestive
tract.
mircea_popescu: pankkake course it is. like infection you know ?
there's always going
to be bacteria on your skin
mircea_popescu: jborkl i got liek 19 inches of pure love
throbbin' here :D
jborkl: Just
the
tip ok? Don't shove it all
the way
mircea_popescu: i quoted some stuff from
the scamdarknet earlier, pretty much illustrating
this style.
mircea_popescu: and because
they're generally immoral fuckwits, who'd rather suck up
to
the scammer as if he were
their daddy
Apocalyptic: because
they were ashamed of being scammed ?
mircea_popescu: afaik mpoe-pr going all public with it was absolutely
the first case a default was prosecuted in public in btc
mircea_popescu: more importantly, at
the
time it was really common,
to
the point of being a rule,
that nobody made public default complaints
mircea_popescu: at
the
time it was a big deal, people really bought it.
Apocalyptic: written by a supposed investor saying how confident he was, cause Patrick got
too much
to loose if he ran
mircea_popescu: but since it's a
topic, i wonder if anyone were
to make a list of all
the supposedly big businesses in btc ordered by
the
total btc sum
they donated
to exposing scams,
mircea_popescu: those
that didn't don't get a 2nd round
today, it'd be unfair
to
their betters,
that did
take it.
mircea_popescu: so
then
there it is : i already donated
to
those idiots more
than what
their skin is on average worth.
virtuals: I read
that a long
time ago, whet question
virtuals: or dont you like
to have anyting
to do with labcoin, even helping
to put alberto
to jail
nubbins`: 5 bucks says virtualspade
takes
the money and runs
Apocalyptic: you know mpoe-pr warned it was a scam from
the beginnin
Duffer1: alberto about
to spend a reallly long
time in jail
nubbins`: man, i've already seen
this video, and watching it again is making me anxious for him
nubbins`: guy in video: "things
that aren't necessarily interesting become extremely interesting"
nubbins`: fun fact, you don't need
to pay homeless people
to
take crack
mircea_popescu: it's progressing, now you don't even spend money, just give
them some crack
mircea_popescu: basically how did
they call
that
thing where
they paid homeless people
to be abused ?
nubbins`: there were points in
that video where i legitimately felt bad for
the guy
mircea_popescu: wait, is
the fbi investigating vice,
the drug marketplace yet ?
nubbins`: where
they feed some poor freelancer some acid and get him
to cover an event
nubbins`: lel, related videos reminded me of another series
they do
nubbins`: the one about bongout is what inspired me
to start silkscreening on paper
nubbins`: ThickAsThieves,
there are some other good vice art
talks
too