980300+ entries in 0.673s
mircea_popescu: i suppose
they periodicly audit make sure no ex-linode employe is running a promiscuous sniffer anywhere on
their network.
jcpham: i doubt it'll happen but
that's interesting
gribble: There are currently 97005.469 bitcoins demanded at or over 10.0 USD, worth 1252122.45239 USD in
total.
jcpham: not a lot of volume
to 25
gribble: There are currently 49313.389 bitcoins offered at or under 25.0 USD, worth 878896.357055 USD in
total.
gribble: BTCUSD
ticker | Best bid: 14.64351, Best ask: 14.69999, Bid-ask spread: 0.05648, Last
trade: 14.69999, 24 hour volume: 45851.62111428, 24 hour low: 14.21001, 24 hour high: 14.75000, 24 hour vwap: 14.52390
jurov: that's
the bitcoin press :P
jurov: you know
that
thing with porn syndication
jurov: yes, something called
trilema
kakobrekla: meh srsly you get a
top notch root server for 50euros a month
jurov: yes,
they were in
the same datacenter as me, same balckout
mircea_popescu: Why not halt
the
trading for start and provide a way
to work
this out between investors and
those
thieving scumbags at BitVPS."
mircea_popescu: "There are many options. Delisting and
telling everyone
to just fuck off is exactly what can be expected form a narcissistic fucktard like Mircea Popescu.
kakobrekla: i have a friend with a whole bladecenter intalled for some
tiny change cause hosting co made a lousy contract
kakobrekla: i dunno what
the deal was but it ready just wrong
dub: turns out bitcoiners don't spend money (because mom doesn't give
them enough)
kakobrekla: >> Unluckily, as you could guess, hosting company decided
to
terminate my account as it is not just worth for
them anymore.
iz: ah yes...
the prized nosegopher
iz: yeah,
the real problem with food is water and ancient aquifirs
dub: nyRednek also nailed
the actual problem
iz: nyRednek: can't hunt
the animals
that aren't
there because
they've already been over hunted
iz: maybe hunting
the most dangerous game for soylent green
iz: real answer
though, as a hunter you realize
there's not enough animals
to sustain
the population
mircea_popescu: but otherwise, it's
the same as any imploding rogue state.
dub: nyRednek: sorry I
thought
that was
the subject
dub: nyRednek:
the problem with your economy not actually being one
mircea_popescu: if
they keep it going for just a little longer
the
top people can finish getting out
mircea_popescu: now, understandably
the political decision was made
that
this wouldn't be acceptable. but
this is a purely internal affair of
the us. i can sorta see why
they
thought
this
too :
iz: but how would
the us maintain
their obesity record?
dub: drastic reduction in
the number of americans would go a long way
to solving
the problem
mircea_popescu: now,
the average american
trying
to live on 400 bucks a year would be a funny sight indeed.
dub: nyRednek: chinese factory workers are used
to losing all
their miney overnight
though
mircea_popescu: making us average salari about 400 bucks ? a year
that is.
mircea_popescu: you're forced
to adjust
their income
to
the real level.
dub: is
that like maff and fings
mircea_popescu: if you stop pretending like what
they're doing is useful,
iz: hmm.. okay, i
think i'm understanding what you're saying
iz: if one of
the largest world economies
tried
to do what iceland did, i
think it would cause worldwide economical harm
mircea_popescu: they can get away with it because
the gap between
their real gdp and
their nominal gdp was small
iz: so yeah.. i
think
they can only get away with
that because
they were so small relative
to
the rest of
the world economy
iz: that's what i
thought also
mircea_popescu: as far as i understand,
the iceland
thing was simply : banks are a private issue,
the state does not back banks. figure it out.
iz: but you guys all lost out
too
iz: i
thought
they just said we don't owe anything
iz: is
that what iceland did
too?
dub: MIT forcast it in
the '70s and we have been
tracking perfectly
iz: if a country wants
to say "we fucked up, but we aren't going
to pay our debts.. everyone else just absorb
those costs and we're going
to start over.. like country bankruptcy
mircea_popescu: so, let it go back
to where it has
to go, rather
than
try and pretend for a coupl;a more years
mircea_popescu: there is literally no limit
to human suffering and hardship. none.
dub: after
that its back
to eating each other
iz: i don't understand why you say
there isn't a "too much"
dub: protip:
the "world eceomony" has like 10 years left anyway
iz: iceland could get away w/ it b/c
they were small
jcpham: that page is fucking sick
though
iz: mircea_popescu: i
think it would affect
the world economy
too much
jcpham: no way
the gubment can code
this well
this fast
mircea_popescu: rents go back
towhat
they are in
the 3rd world and so on.
mircea_popescu: salaries go back
to
the economically warranted 5-600 usd a year
mircea_popescu: and in any case you're
too stupid by now
to do anything useful anyway"
mircea_popescu: and if given a chance you will steal and idle rather
than do somethinguseful
iz: if
the biggest country
tries
to do
this,
they rest of
they can't absorb
that much loss
that quickly
mircea_popescu: welfare does not work, what we were
trying
to build doesn't work
iz: and it ends up being all
the other contries
that participate in
the world economy, right?
iz: because someone has
to foot
the bill
mircea_popescu: so it's not really a "should have". more like a,
that'd have been retrospectively
the correct path
iz: really? well, it seems
to me like
that's something
that only countries w/ small economies can do
mircea_popescu: i can see why
they
tried, at
the
time, and why
they couldn't stop, after
they
tried.
iz: i hate it when ppl
try
to argue with me
that
the US should have just followed iceland's lead and let all
the banks fail instead of bailing
them out
mircea_popescu: and people didn;t want
to argue with
them for
the obvious reason of publicity.
iz: because
they weren't in
the
top 3-4,
they can do
that and everyone else just absorbs
the costs
iz: that's why iceland was able
to do what
they did.. just ignore all
the debt, right?
iz: yeah, i'd
tend
to agree
nyRednek: so
the us dollar and
the euro are pretty critical
to gobal economic health