99600+ entries in 0.063s
ben_vulpes: no
this is incorrect. i am fighting a fire elsewhere right now, will be back as soon as i can.
mircea_popescu: i have nfi how
this works, but pizarro seems
to be getting ever less for ever more money.
mod6: Just
trying
to see if we have enough money
to get 48 RC's built and delivered down
there.
mod6: 24032 (from ben's lisp
thing) / 8500 = 2.82 BTC at
todays prices for 24 Rockchips delivered is what we had figured out.
mircea_popescu: asciilifeform, well, actually,
the whales eat
the way successful business sells : like we breathe.
mircea_popescu: nevertheless,
the problem of selling starts with
the cheaper bits.
mircea_popescu: results in just enough protein intake
to maintain its mass.
mircea_popescu: takes up 50
tons of water per mouthful, one mouthful per minute, each minute, all day fucking long, each day of
the loving year.
mircea_popescu: whale's just looking for protein. how
the protein subjectively sees itself as packaged, "krill", "rabbit"... frankly none of
the whale's problem.
mod6: Well, I can agree, we need
to get
the word out.
mircea_popescu: i don't know of any method besides filter feeding. and do you know what's
the primary ingredient for filter feeding ?
mircea_popescu: dorks don't even bother
to crop
the copyright notices off
their "profile" pics.
a111: Logged on 2018-05-12 07:57 mircea_popescu: reminds me of
this chick on fetlife, "So you don't want
to have a smart discuss, you're here for what ? What do you research here ? Because I'm agree with your description."
mircea_popescu: they're even more retarded
than
tardstalk, if
that were even possible.
mircea_popescu: but you didn't do
this in a useful way ; because
there's, for instance, no way for your friends (such as, say, you from
the future)
to reference it! or for
the op
to see anything.
a111: Logged on 2018-05-04 01:50 asciilifeform: here's a sample of convos b/w asciilifeform and heathens ( whom he knows irl, over yrs ) : 'why didja put it in UY, bw costs 4x moar
than in usa and cia will still steal yer iron eventually' ; 'i have
to do what!?
to get server in
the rack?!' etc
mircea_popescu: and
this;d be a major problem ~even if~ l1 added up
to 50%+1 of
the entire world.
mircea_popescu: the problem as far as i discern it is, "not only
there's no conversation going, but
the mutism
threatens
to entrench itself as a 'way
to be', and it's not sustainable". when's
the last
time pizarro
talked
to anyone ? gotta
talk
to people, somehow, somewhere. silence is a first approximation of death.
mod6: <+mircea_popescu> does
this make sense
to you ? << Yes, Sir. Got it.
mircea_popescu: pretty much
the ~whole~ of economic activity is
the process of a) building b)
truthful propositions
that c) describe some sort of comparative advantage and d) lots of it, especially e) of a very easily defended kind.
mircea_popescu: mod6, you understand, refinancing is people putting money on a proposition. it depends immensely what
the proposition is. P1 = "our book value is ~11 and consists 95% of exotic hardware nobody else can get where it is" is very different from P2 = "we ate
through our seed A+++ would do some more dicking about with files we download. oh and
there's also some hardware."
mircea_popescu: did you ever manage
to get a btc->fiatola conversion going ? or what, still mired in paperwork is it ?
mircea_popescu: i said it once, you know. aanyway :
the original idea (get >=300 rockchips
there, in a dozen+ Us) was
trashed by practical considerations (as alf pointed out, he can't carry 12 us in one go) ; but it'd have required refinancing because you simply did not have enough money
to pay for it.
mod6: I suspected
this as well.
mod6: Alright, so what do you suggest here? I
thought
that you were saying, multiple
times
that we should refinance.
This is what I've been
thinking about most lately.
mircea_popescu: but you will have hell on wheel in your hands
trying
to get more money as a palliative solution
to "i don't feel like building sales
today".
☟︎ mircea_popescu: and of course you can also just issue bonds ; whether convertible or not, until conversion event
they sit on
the passive.
mircea_popescu: equity entitles you
to a say, but
the necessities of physical world (whereby
there's only so many seats for
the
thing
to work ; and whereby
those have
to be seated on by physical people) make
the relationship between board and equity somewhat electoral.
mircea_popescu: there's an indirection layer
there, between owning equity and board seats.
mircea_popescu: mod6, well, if it's a sale, like how you got it,
then yes. if it's just refinancing,
then you keep whatever %.
mod6: Yeah, I
think 4 is plenty.
mircea_popescu: it's not really practical
to have no boards, generally ; but also not larger
than maybe a half dozen+1. even
that's large.
mod6: What happens
to old bond holders?
mod6: This is good
to know.
mircea_popescu: mod6, generally, if you refinance
the old board gets
trashed.
mod6: I believe
this is probably a good way
to get Pizarro into better financial shape, but it's hard for me
to imagine how
this works.
mod6: Let's say, for instance, 5 different people each came in with 10 BTC. Would
that create 5 new board seats each?
mod6: So, let's say
that we
thought
that we would need
to raise 50 BTC (just
throwing it out
there) - I'd like
to
talk about how
that might work.
mod6: Again, not
the
top priority either. Anyway, moving on...
mod6: This makes 100% sense
to me.
mod6: Customers, who's paid, who hasen't, what do we own, when are
teh bills due.
mod6: I'm not impartial
to database. I just want something
that we can all see, and all
the info about
the business is contained within.
mod6: I dont even
think
that he really wants
to use it specifically either, as, again, mod6 is not accountant.
mod6: asciilifeform: it wasn't months. I spent probably 1 weekend hacking on a psql ddl back in march, and ben_vulpes is finally getting around
to looking at it now.
mircea_popescu: hey, you get a free db with
the file system, i never was arsed
to do any better on my reports. not
that i'm proposing my laziness as
the model for anyone else nor
that i
think
the bikeshedding discussion needs
to continue, now extented into a
theoretical comparison of
the merits and dismerits of postgress and implicit-fs-db.
mod6: I didn't say
this was
top priority either.
mod6: I don't
think anyone is arguing otherwise.
mircea_popescu: yes ; but if
the present
trend continues you won't have all
that much
to read altogether.
mod6: Perhaps, whatever it is, it must yield something
that mod6 can read.
mod6: And I can agree,
that it doesn't have
to happen right now.
mod6: It is not a waste of
time.
mod6: All I'm saying is, a business should have a formal way
to
track
things,
this is all.
mod6: How is
this without merit?
mod6: How
the fuck are we
to know what is what.
mod6: God forbid
that ben_vulpes get's hit by a car on his bike
tomorrow and
then we have
to pick
this up.
mod6: Just /SOMETHING/
that doesn't require debugging.
mod6: I want all of
the
things in a place we can all refer
to and say "oh
there it is! now I can see how many x are in
there" or whatever.
mircea_popescu: you're a nice guy, mod6, and your point is without merit. nevertheless,
the whole
thing's a bike shed. who
the hell even cares what
the infrastructure is like for handling six numbers ?
mod6: We are discussing/thinking about how
to recapitalize, get more rockchips, customers. So
this is on going. I don't
think anyone is wasting anytime by any streach of imagination.[
☟︎ mod6: I'm no accountant, or anything, however, I find it insane
to
try
to keep
track of
things in a lisp script. Do we really want
to debug our accounting
things every week/month?
mod6: This is a simply, 'nice
to have', in my personal opinion.
mod6: I don't
think it is a 'blocker', but Mr. Vulpes will have
to respond
to
that.
mod6: I've said
this as recently as last week.
mod6: And I guess, it is not up
to me how Mr. Vulpes wants
to
track
these
things for Pizarro, however, if I'm asked
to make decisions, I EXPECT
that
these
things are clear, in plain language.