log☇︎
85400+ entries in 0.033s
mircea_popescu: apparently every imbecile is firmly convinced the warm embrace of some sort of "consensus" fiatism is going to treat him better than any possible marketplace.
mircea_popescu: who could have predicted that the people supposedly served by the market in question are the first to try and break it ?
mircea_popescu: amusingly it improved significantly right after i said that. coincidental, i'm sure,. and not to last, obviously.
mircea_popescu: heh
mircea_popescu: !!up asciilifeform
mircea_popescu: what could possibly go wrong! some idiots will flock to it, if it makes a blob large enough they'll be "too big to fail" and if it doesn't maybe it attracts the attention of a slightly larger blob looking to accrete specs of stupid to grow.
mircea_popescu: made by the people that also made the anal orifice ethereum got raped through ?
mircea_popescu: lol, that lulz still pretends to existence ? really ?
mircea_popescu: point fucking remains : people who "just want to" "creative" and be relieved from the need to math are fundamentally stupid people who will never do anything but make trouble for their betters, and who essentially aim to burn your house down to make marshmellows in the blaze.
mircea_popescu: t can lay its eggs somewhere.
mircea_popescu: yes, it sounds way the fuck better in the abstract (if you're clueless, entirely devoid of either experience, any faculty for thought and any inclination to resolve either). but it's the same god damned thing -- the desire of "visual thinkers" to introduce new glyphs in the alphabet so they don't get "constrained" in their "creativity" by the present set exactly mirrors the need of the house fly to get some garbage going so i
mircea_popescu: t innumerate.
mircea_popescu: compare and contrast "Production can only be carried out successfully by managers who want to make things, and not just to make money." from the marxist idiot masquerading as an economist with the "We thought we were ready, but then everyone arrived. The team was overwhelmed. The airport was jam packed. The buses couldn’t handle the load." of the very manager he's talking about, passionate of "the ocean" and "technology" bu
mircea_popescu: this "stupid signalling" approach explains 100% of the activity of the idiots.
mircea_popescu: aha.
mircea_popescu: goes right back to that discussion re spam, "oh how could anyone expect to sell something when they can't even spell". except he's not trying to do anything other than signal to other dumbasses, "hey, here's dumbassery". they then merge. that's all that's going on there.
mircea_popescu: most of the activity of the stupid is channeled to this "constructing the dogvomit" activity. it's not like "oh, stupid did something stupid, it dun work." it's always "stupid did something to signal to stupids that didn't happen to have other effects".
mircea_popescu: basically the reason we keep ending up with the empire of stupid "running things" instead of the republic of the smart, is because smart people look at stupid people and can tell they're stupid, and then imagine this means something. it does, in some places. in other places it does not : the stupid can still recognize the stupid and band together.
mircea_popescu: not really. more because octopus arm gotta signal its attachment to octopus so the other worms know what's what.
mircea_popescu: the schmuck in question, http://www.jjay.cuny.edu/faculty/j-w-mason actually thinks he's an economics phd/asssistant prof etc.
mircea_popescu: "Firms’ investment decisions, then, don’t depend on current earnings or credit conditions; they depend on whether management can propose projects with high enough returns to convince shareholders to leave “their” money inside the firm." << get a load of that. quotes. not around "workers" and not around "our" democracy. but around "their" money.
mircea_popescu: instead, the "workers", michael moore's http://trilema.com/2012/the-imbecilitarians/#selection-193.214-203.38 , those schmucks who spent all their day trying to put in less work THAN WHAT THEY WERE PAID FOR. those "sharei n the pain". what fucking pain ? the pain of ~their future expectations~ of tits continuing to bleed ambrosia in their open mouths going away.
mircea_popescu: fancy that wonder. putting money down the line, with no kind of collateral whatsoever is not "sharing the pain". none of that obnoxious http://trilema.com/2015/other-peoples-money/#selection-77.0-77.47 oh no.
mircea_popescu: "It’s a bit like the homeowners “using their houses as ATMs” during the 2000s, except that the shareholders don’t get stuck with the mortgage payments. The ­businesses’ workers and customers get to share the pain."
mircea_popescu: "maximum return" for shareholders and other gems of the soviet state.
mircea_popescu: and in other dekulakizations, https://archive.is/lWBxq#selection-695.430-695.619
mircea_popescu: we claim dis gorge and we shall call it disgorge!
mircea_popescu: hola!
mircea_popescu: fucking brain parasites.
mircea_popescu: there's users, there's directories, and then there's a bunch of gnats trying to reinvent the wheel so they could call it gneel and LIVE FOREVER IN MEMORY OF MAN!!11
mircea_popescu: http://btcbase.org/log/2017-05-04#1651645 << chiefly because nobody seems to grok hl the master of the rolls' point. http://btcbase.org/log/2017-05-02#1651098 ☝︎☝︎
mircea_popescu: http://btcbase.org/log/2017-05-04#1651637 << quite, yes. dude's always been my mental model for "irl george costanza". ☝︎
mircea_popescu: http://btcbase.org/log/2017-05-04#1651635 << sounds like a prime candidate. ☝︎
mircea_popescu: "You must stay drunk on writing so reality cannot destroy you." huh. not bad.
mircea_popescu: http://btcbase.org/log/2017-05-04#1651619 << nice pile mod6 ! ☝︎
mircea_popescu: http://btcbase.org/log/2017-05-04#1651593 << yeah should be fine ☝︎
mircea_popescu: but, since they had people who could throw a quarter mil on tickets, and they're being hounded by geragos & friends for 100s of mns, it seems somewhat dubious it'll actually work.
mircea_popescu: anyway, it's the right move from a cattle herding perspective. refund the current crop and promise them vip seats atthe next one. gotta keep the promise flow.
mircea_popescu: no they're going to bless a us beach with the presence next
mircea_popescu: it doesn't look like there's enough arabs.
mircea_popescu: motherfucker these people.
mircea_popescu: holy shit they got the gall to talk of fyre 2018
mircea_popescu: a minute ?!?!?!?!
mircea_popescu: "how many 10 g spoonfulls of water in a full pool 15 x 7 x 3 ?" "31500000" "now do ounces for a ten yards by fifty feet by eighty inches pool"
mircea_popescu: ben_vulpes one day ima put one of these fucks in stocks and whip them until they either die or meaningfully explain what "take full responsibility" is supposed to FUCKING EVEN BE!
mircea_popescu: "we thought we were ready but then it turns out we never ever did any of those 6th grade math problems, with the three faucets and the tub"
mircea_popescu: cats are weird.
mircea_popescu: ben_vulpes i knew a cat that couldn't take people hyperventilating.
mircea_popescu: omfrg.
mircea_popescu: and then "The busses couldn't cope". motherfucking mental defective! the busses COME WITH NUMBERS. $capacity. $speed. you can CALCULATE
mircea_popescu: ben_vulpes and the idiotic, illiterate shamanism of it all. "we chartered 737 planes to shuttle guests from miami". wtf, that many ? oh no wait, it's not a number, IT IS A NAME.
mircea_popescu: at least a cat's passion for boxes is genuine.
mircea_popescu: "vague interest based on having seen something on tv once"
mircea_popescu: wtf is this even, a passion for the ocean.
mircea_popescu: "from the ground up" is in there, too. i'm giving even odds for "sweat blood and tears".
mircea_popescu: "o hi jane i see you are making bread ?" "no it is not bread it is croutons".
mircea_popescu: "starting a viral campaign". IT CAN ONLY BE VIRAL AFTERWARDS. you don't fucking START it that way jesus christ these morons.
mircea_popescu: "passions" for you know, "technology", "the ocean" and "music". because that's how this fucking works, there's a large jar called "passions" and you pick m&m's from there. they're all the fucking same. ☟︎
mircea_popescu: https://www.fyrefestival.com/ << fucking epitome of the mongoloid generation.
mircea_popescu: somehow if "it was very challenging" for "we all" then it's no longer supposed to be the case that you pissed off the wrong guy and now sleep with the fishes, amirite ?
mircea_popescu: socialists and the group defence already.
mircea_popescu: the shitstain. "all of us" ? how about you don't inflate away my inconvenience in a pile of dubious matter of unclear provenance wtf bullshit is this.
mircea_popescu: speaking of that fyre bs : "April 29, 2017 Yesterday was a very challenging day for all of us."
mircea_popescu: but i thought he was like you know, a big deal and all that. cointrepreneur, rogerver, jesusomething ?
mircea_popescu: speaking of which, whatever happened to brock pierce.
mircea_popescu: it's pretty much the fate of all these wanna-be nothing-in-particulars. to quote donald clinton, "the traditional route : years of rejection and failure until they're spit out the bottom of the porn industry"
mircea_popescu: there's the cutest inch-long gecko hanging about... he's fucking adorable.
mircea_popescu: fact remains : the fiat pretend-sovereigns failed before the republic, and these long arid years of humiliation of their agents in our hands push them towards the only thing they know : collective security.
mircea_popescu: stupidity is the human nature, dice it as you will.
mircea_popescu: trinque you know the other soviets aren't so far off. how is coinbase-ly "holding" bitcoin any better ?
mircea_popescu: "because not nearly enough of it", see.
mircea_popescu: teh china has a rich history of "item can't be privately owned".
mircea_popescu: figure you could have bought a cumquat ?
mircea_popescu: local chapter of party proceeded to display them in the local chantry/temple, then made them into a 10 ton soup everyone got a spoon
mircea_popescu: ben_vulpes at some point someone gave $chinese ruler half dozen fruit. he didn't want them, donated them to local chapter of party.
mircea_popescu: shinohai improper subject of hodling, like wives / children / etc.
mircea_popescu: you know the six cumquats story or what was it ?
mircea_popescu: hey.
mircea_popescu: soooo... the unconfirmed rumour is that the chinese govt is drawing up plans to make bitcoin a strategic commodity, making it illegal for private citizens to hold it / buy their holdings at the "prevailing market rates" (ie, 1kish_ ☟︎
mircea_popescu: Framedragger guy's managing office space, supposedly i'm the one to illustrate the difference between a restaurant and a real estate holding co. "oh, you mean the restaurant takes meal orders from walk-ins on the premises owned by the landlord ?!?! TELL ME MORE OF THIS WEIRD FAR AWAY PLANET!!11"
mircea_popescu: the responses i got sorted by types"
mircea_popescu: dude, just call. nevermind the "questions" and rest of the crap. spend 1/10 of the time you frittered away already "on" this to call, write up your report, "i, pete d, aspiring to one day lordship, spent 8 hours today cold calling. i managed a total of 76 calls, which would get me fired from the average call center but hey, i'm new. these 76 calls went to so and so, here's the script, here's why i ammended it and when, here's ☟︎☟︎☟︎☟︎
mircea_popescu: "planning" is a miserable substitute for work. nevermind the nonsense. call everyone. today.
mircea_popescu: this because you started an hour ago or what ?
mircea_popescu: how many have you called to date ?
mircea_popescu: this is rank nonsense. the ~isps~ buying fg for their customers aren't going to be dcs.
mircea_popescu: how is it related ?
mircea_popescu: or is it going to be the case that you'll go through the motions of pretending interest in whatevert topic du jour and i'm not going to say anything because i';m lazy ? what's the thinking ? ☟︎
mircea_popescu: incidentally, weren't you kinda vaguely interested in doing fg sales ?
mircea_popescu: meh.
mircea_popescu: ~same as odessa
mircea_popescu: human idiocy is built out of the self-conscious efforts of a multitude of microscopic wise guys.
mircea_popescu: (andpool, as usual, the worst offender.) ☟︎
mircea_popescu: but hey, the usg stoolies managed to prevent meaningful discussion with all their ineptitudes and idiocies, which is generally how the usg stays afloat. not like anyone takes it seriously in the direct. they just manage to make it so nobody can hear anyone else who isn't an idiot and that's good enough.
mircea_popescu: how can anyone pretend like the bitcoin miners aren't attacking the bitcoin network with such behaviour is anyone's guess.
mircea_popescu: meanwhile the chinos seem to have completely given up on tx priority by fee. there's 20 sat/B items included, there's 200 sat/B item waiting for hours in the pool, it's a complete, ridiculous mess. ☟︎
mircea_popescu: i'm sure it sounds exactly like throwing out the nubile young daughter out with the cumrag to they afflicted.
mircea_popescu: "how do you cure the problem of wanting the wrong things ?" "by getting rid of the strange notion that what you want matters."
mircea_popescu: Framedragger "have you tried not wanting to fuck guys???" whadda ya know, next they'll "cure" pedos. because they're so totally unlike gays and everything. ☟︎
mircea_popescu: trinque well, they're scottish originally. unsurprisingly enough.