mircea_popescu: asciilifeform "made for adsense", early republican technology that consisted of force-leaching of turkey dollars from pre-alphabet google's http://btcbase.org/log/2017-05-30#1663222 ☝︎

mircea_popescu: http://btcbase.org/log/2018-01-04#1763733 << consider the concept of "turkey dollars" ; http://trilema.com/2012/lets-dig-a-little-deeper-into-this-entire-deflation-problem/ ☝︎

mircea_popescu: there's an absolute limit turkey dollars put on "tower to the moon" efforts : if you have at most 100 turkeys you can commit, printing further pictures of a turkey on paper will not help you in your effort to build the "cart driven by 101 turkeys". because the 101th physically does not exist. ☟︎

mircea_popescu: but -- turkey dollars 40k. us embassy barely scraped it together.

mircea_popescu: 40k turkey dollars buys you an ukrainian split, why the fuck would you trade it for a car.

mircea_popescu: (the link is particularly funny for the amounts. when it comes to turkey dollars, usg is really poor. 40k here, 10k there, 5k overages accounted for --- a far cry from the "we lost one trillion dollars in 100 bills that never existed" dept of war fare.)

mircea_popescu: but in any case - ethertard budget exceeded 50mn in 2016 ; and these are turkey dollars. this is more than the aggregate expenditure across all software branches in the united states in that year.

mircea_popescu: if you find the time to read the log, the whole turkey dollars thing's discussed periodically. even recently re the linkedin "billion" sale.

mircea_popescu: anyway. the lulz has cost usg more turkey dollars than mit has cost usg this year. that's an accomplishment right there, they could have made ten thousand hookers and fifty thousand "aides" happy for that money. this means 10k angry hookers and 50k passive-agressive pencildicks extra to deal with. ☟︎

mircea_popescu: the "convertibility" of 1:1 turkey dollars to fiat dollars is a very expensive proposition.

mircea_popescu: but what's important here is the "turning fake dollars into turkey dolars through market destruction/replacement" mechanism.

mircea_popescu: this allows mp to turkey-ize the fake dollars, by denying a market to the usg agentura.

mircea_popescu: this is mostly turkey-izable dollars, and by the million not by the thousand.

mircea_popescu: nevertheless, as various "open source" geniuses (ref http://btcbase.org/log/2015-09-07#1265178 ) found out on own skin, of the "26bn, $randomfigure" of paper dollars, precious few turkey-dollars actually trickle down to the "owners". black or otherwise. ☝︎

mircea_popescu: asciilifeform inasmuch as he steal speaks of "its money", orlov doesn't actually get the turkey dollars thing. he earnestly thinks that there is ONE kind of usdollar, and PART of that one is "wasted". whereas the situation in the field is that there's two kinds, ands the bezzle part can only be bezzled with.

mircea_popescu: and fwiw, i doubt anyone has the money, or had, in the past century. we're talking 50bn turkey dollars here. gates can, at most, make a foundation to greenhouse little hussein bahamas out in africa.

mircea_popescu: oh, this isn't about math. this is about stem. stem costs TURKEY dollars.

mircea_popescu: asciilifeform if you're wondering why the figure's so low (srsly, palantir raises 200mn, whatsap sells for 20bn ?), the reason'd be that most of this has to be actual turkey buying dollars.

mircea_popescu: but the car cost ~1mn worth of turkey dollars to make.

mircea_popescu: also, seeing how InterActiveCorp ( NASDAQ: IACI ) consists of at least 10% okcupid and claims total assets of 4bn, we can estimate the value of the bezzle! if 4k worth of okcupid is perhaps 10% of the business self-valued at 4bn, then every dollar a us corporation owns is worth ~0.001 cents of actual, honest to god, turkey-buying dollars and 0.999 cents of pure bezzle.