905300+ entries in 0.668s
mircea_popescu: anyway,
tomorrow i'm inspecting a new girl so i need my sleep.
take it easy all.
benkay: ah he wants
to be put in
touch with
the supernodes
then
mircea_popescu: unrelated : "Please read
the attached business proposal and get back
to me at your earliest convenience with your
thoughts and reaction. Email me on: farouk.kazeem@syriaweb.net"
kakobrekla: asciilifeform "never assume malice when incompetence will do" is what
they say about bitbet... i
think it applies here better
Chaaaang-Noi: * Chaaang-Noi has quit (Ping
timeout: 245 seconds) (odd)
benkay: or has first-to-market advantage ruined
this space?
benkay: will we need
to wait for a whole new generation?
benkay: heaven forfend any of us actually
try
to balance our books ever
benkay: where would
the fun in deterministic satoshi handling be?
kakobrekla: dunno what you have in mind but min fee
there is 0.01 usd even if btc value for which
the fee is for is less
than
that
kakobrekla: asciilifeform bitstamp does
that from 2nd decimal point
benkay: let me
tell u bout
these newfangled integers
benkay: i
try
to get by on delivering value right now
benkay: 'cept
the dang
thing's useless
mircea_popescu: ThickAsThieves for some reason
that concept is hard
to grasp.
mircea_popescu: the
theory is
that "civilisation collapsed" and so now silver rounds are finally good for something
Chaaang-Noi: i find your guys reaction
to gold and silver as a store of value very funny :)
☟︎ mircea_popescu: for
that matter, 19th century england was
trying
to create demand for silver by making 50lb silverware sets a sort of middle class standard
Chaaang-Noi: gold bugs cant un derstand crypto, but honestly i
thought crypto people would understand gold...
mircea_popescu: silver is pretty much like seasalt, can make as much of
the stuff as you can possibly ever want.
Chaaang-Noi: things are worth what people pay for
them...
mircea_popescu: you don't get proper ones
till about 12 or so, and
the owner always objects
to having
teeth pulled.
Chaaang-Noi: you guys, i
think you are pretty ignorant about
this and are not
trolling, but if you are
trolling you are doing a fine job :)
mircea_popescu: tell you wahjt, if i'm
the boss of a
tribe and i need a curtrency ima make
teeth
the currenyc.
☟︎ mircea_popescu: ThickAsThieves what amuses me
the most is
this "silver is valuable cause it can work as currency" nonsense.
ThickAsThieves: other
than when we hit recession and a bajillion We Buy Gold stores popped up
mircea_popescu: listen. in 2011 alone, mexico alone produced ~4500
tonnes of
the stuff.
Chaaang-Noi: silver is not perfect but its smart
to have 5
to 10 % of wealth in gold silver
Chaaang-Noi: just buying some back in, more
than i ever had really
Chaaang-Noi: i bought most my silver at $7 and yeah i
think its high
mircea_popescu: it goes from 5
to 50 and back and again with
the folly of
the crowds, over
the decades and centuries.
mircea_popescu: look.
there's more
than 100x as much silver available as gold. for every 6 dollars or so
that silver goes up in price
the production capacity doubles
Chaaang-Noi: i have a roman coin
that sure looks like money
mircea_popescu: gold is money. silver is
this
thing
that poor people keep
tryiong
to pass as money
Chaaang-Noi: you guys going
to celibrate pizza day? may 22nd?
Chaaang-Noi: its something you hope you never have
to use, but if you do need it, you will be glad as fuck you have it
Chaaang-Noi: if you are
trapped in a nationstate
that prints
their money
to worthlessness you will need silver and gold
ThickAsThieves: in case we need
to melt it down for a spear and arrows?
Chaaang-Noi: i
think every person should ahve some physical silver and gold just incase
Chaaang-Noi: i hold silver in
the usa and gold here in
thailand as a shtf backup and not a large percent of my assets just 5
to 10%
Chaaang-Noi: silver and gold is
the oldest form of money we still use
Chaaang-Noi: people ahve been
trying
to sell silver as money since 60000 years ago....
mircea_popescu: silver is abundant. people have been
trying
to sell it as worthwhile and "an investment" or "money" since
the great debates in
the us in
the 1800s
Chaaang-Noi: im getting
to damn old, have a bit of a hang over from last night and i did not drink
that much :/
Chaaang-Noi: im getting into silver cuz 100% in crypto is not really smart since i have
to support a family
Chaaang-Noi: yeah metals are going down, but i want
to buy as
they go down, i
think long
term silver is solid
Bugpowda: they only market is
the deranged
Bugpowda: people are so desperate for silver coins
that
they will pay 20% over price?
Chaaang-Noi: silver bars are cool, but its not legal
tendar :(
Chaaang-Noi: and also bug, you can sell
them back for over spot
Namworld: Paypal's a bitch, but
that bitch can go anywhere. And claw back visciously your money when you ask her.
Chaaang-Noi: and in small amounts, and just for some stuff
to buy off of ebay
Chaaang-Noi: ironiccly i started using btc cuz i hated paypal and banks, now i use
them more
than evar :(
Chaaang-Noi: who here has paypal? is it easy
to set up? do i need my bank info?