log☇︎
858300+ entries in 0.533s
mircea_popescu: well you can always backtrace the internet.
benkay_: people who can't drop the f-bomb:
benkay_: or willing to endure the scorn of the internet
benkay_: wealthy enough to buy your privacy
benkay_: you have to be in the underclass
benkay_: but there are criteria
benkay_: because participation in reality television shows pretending to be capitalists trumps actual participation in the market
jcpham: don't forget the high fructose corn syrup IV
benkay_: they generally sit around calling each other "faggot" all day, eating processed cheese and dreaming about competing on The Apprentice
mircea_popescu: course they wash a lot less.
mircea_popescu: well they eat better than the average american at any rate.
mircea_popescu: and those are upstanding romanian citizens of teh rural medium, not homeless!
mircea_popescu: that was actually for teh local party, on the electoral trail.
ozbot: Mircea Popescu - Sesiune training Birda, Timis on Vimeo
dexX7: http://vimeo.com/7125141 this is what mp does. he's a pastor for homeless.
jcpham: wtf was that dolphin's name
jcpham: yeah that's the one
Duffer1: johny mnumonic or however the fck you spell it
jcpham: mircea_popescu has hacked his brain like the dolphin in that movie
mircea_popescu: to the tune of about 70MW!
mircea_popescu: anyway, i'll tell you the real scam. i just inserted into my tortured eve brain an implant
pankkake: I thought only WoW had girls
jcpham: i got laid playing eve thestringpuller
thestringpuller: You told me playing Eve would get me laid. Total scam.
mircea_popescu: also unrelated the part where im mostly frugal, and have been making more than i can spend for years, and thus i have/had all sorts of partnerships etc.
mircea_popescu: Duffer1 that's unrelated.
pankkake: "This is the reason why I will never sell my shares, ActM for life."
mircea_popescu: i don't think i'm much of a role model. my shit works for me, but it has major requirements that are unlikely to feel comfortable to others.
benkay_: painful to be gotten rid of
benkay_: am i going about this bass-ackwards in looking for people with functional businesses and abstracting the parts they don't want to deal with and making myself utterly indispensable?
mircea_popescu: kinda what i 've been doing for the past 10-15 years.
benkay_: hm. seems like you have to get in bed with people who are mismanaging their businesses and straighten their shit out.
mircea_popescu: right. so i guess you see the value in "you fucking idiot, your neighbour is fucking your wife to death and the house burned down"
jcpham: this joke takes too long. the neighbor is fucking the wife
mircea_popescu: "because when lord Neigbour paid his respects to your late wife he fainted and fell over the candles overturning them"
mircea_popescu: "why was the house on fire ?"
mircea_popescu: "unfortunately some stray sparks went from the roof of the house to the barn and it caught on fire"
mircea_popescu: "why to get away from the fire sir"
mircea_popescu: "well, he broke his leg running away from the stable"
mircea_popescu: except we had to put the old horse down."
mircea_popescu: halfway through trip calls home, asks butler how things are
mircea_popescu: sir john has to go to pas de calais on business. leaves butler clear isntructions to call if anything goes wrong.
mircea_popescu: not really. do you know the joke with "by the way your wife died" ?
benkay_: mircea_popescu: "look i don't fucking need you" attitude translates into "o damn that guy has dat competence" in the audience mind?
jcpham: i'm checking google translate
jcpham: mircea_popescu: i think you just said that you are >
mircea_popescu: believe it or not, bullshit is the largest cost to doing business.
mircea_popescu: benkay_ because people know they can rely on you.
benkay_: mircea_popescu: how does being an unrelenting asshole turn into a performance edge?
jcpham: MP: "knowing more than anyone else in whatever field"
mircea_popescu: benkay_ basically by being an unrelenting asshole, knowing more than anyone else in whatever field and people having enough sense to hire me rather than run themselves into the wall.
jcpham: likely not to be repaid
jcpham: bitcoin-only denominated loans are a tricky enterprise
mircea_popescu: as there's literally no recourse.
mircea_popescu: once the people start doing this in droves it'll be the fucking end of things.
mircea_popescu: pankkake this is actually the main threat bitcoin poses to the banking system
mircea_popescu: Duffer1 don't forget being in the right place at the right time
pankkake: the home buying is mostly to please my parents anyway
jcpham: i thought independently wealthy peeps were born into luxury
pankkake: I'm not that kind of guy
pankkake: I was actually thinking that, scamming my bank: I'm repaying a home, but I could sell it (especially since it's likely the top of the housing bubble), not tell my bank, buy bitcoins with the money
Duffer1: isn't that how it always is?
Duffer1: probably talent and luck
benkay_: mircea_popescu: how did you come to be independently wealthy?
mircea_popescu: you and everyone else. sometimes i think im the only debt free sucker in the world.
benkay_: you'll wake the monster
pankkake: wow $1 trillion is a lot of bitcoins!
ThickAsThieves: "The CFPB reported that around $8 billion of private student loans were in default."
Duffer1: "the stones are unable to bleed anymore, time to squeeze someone else"
ThickAsThieves: "There is over $1 trillion in outstanding student loans, making it the second largest source of household debt after mortgages. "
mircea_popescu: "all kids are already bankrupt ty"
ThickAsThieves: "We just don't see this as a market that we can significantly grow,"
ozbot: The student loan bubble is starting to burst
mircea_popescu: contrary to what the fiat world believes, a much better solution all around.
mircea_popescu: ThickAsThieves this is what in fiat would be resolved by calls for "Regulation"
dexX7: yep, he's the only one who could provide some useful information
ThickAsThieves: labcoin did volunteer the limitation
ThickAsThieves: in most cases this would be wrong of him to do
ThickAsThieves: so it all boils down to just getting burnside to shed some light
dexX7: "we sent 3 million shares to our dev accounts via the internal transfer on btct, those won't be sold and shall be considered as company shares"
pankkake: what do you mean transfered?
dexX7: were transfered before burnside distributed the other 7M imo.
dexX7: ThickAsThieves: ref lab shares, here is an example: issuer sells 10 shares into bids, the receiver waits till new bids are placed and sells those 10 shares again, the next receiver does the same thing.. now you have 30 "sell" trades, 0 "buy" trades. from the outside it might look like "30 shares in total", but actually there is no way to know how many shares there are. and 3M shares
ThickAsThieves: those asians know how to make some unsettling horror though
ThickAsThieves: i saw an azn horror movie where the lady put babies in her dumplings to live youthful
pankkake: I like that azn
mircea_popescu: ThickAsThieves mpoe-pr thinks the gif's the best thing ever.
ThickAsThieves: oh there's the azn too
ThickAsThieves: from Labcoin thread
mircea_popescu: she's cute. azn tits tho.
ThickAsThieves: no one thinks vancleef is smickles
Rulother: but that picture does give me feelings
mircea_popescu: Rulother is that a picture of the aforementioned feelings ?
mircea_popescu: ThickAsThieves wasn't that smickles and resolved a while back ?
dub: who is atlas these days
ThickAsThieves: i think the stringpuller is owed
mircea_popescu: ThickAsThieves he's bitsomething or the other
Rulother: I like this picture http://i.minus.com/ibr4TeROc1X8Ya.gif
mircea_popescu: i think sign in isn't enough, he has to say something
dub: op got updated this week too