mircea_popescu: lol cool.

mircea_popescu: Gerard E. Lynch, southern new york kicks so much ass he will be hereby introduced into bitcoin's public record. he says : ☟︎

mircea_popescu: The Agreement provides that in the event of termination, no party shall be liable beyond the specific liabilities imposed in the Agreement (i.e., the termination fee), except “that no such termination shall relieve any party … from any liability or damages resulting from the wilful and material breach … by a party of any of its representations, warranties, covenants or agreements set forth in this Agreement.” (

mircea_popescu: Agreement § 7.02; emphasis added). J&J argues that defendants’ conduct was “wilful.” Whether a factfinder could so find depends on the meaning of that term as it is used in the Agreement. While defendants argue that a breach is only willful if it is committed with malice or in bad faith, plaintiff [J&J] contends that “wilful” merely means “intentional.”

mircea_popescu: In support of their argument that the Agreement preserves liability only for malicious breaches, defendants argue that the word “willful” would be unnecessary unless it meant “malicious.” There is no reason to limit liability to breaches that are intentional, they claim, because any breach of this Agreement would be intentional—”[h]eavily counseled parties to mega-mergers do not breach merger agreements out

mircea_popescu: of inadvertence, negligence, or mistake.” (Guidant/BSC Reply 5.) As a factual matter, this claim is questionable. It could just as well be said that heavily counseled parties to mega-mergers do not sign merger agreements containing glaringly ambiguous terms that lead to avoidable litigation—but here we are.

mircea_popescu: jurov lol.

mircea_popescu: o look, tat's not around ?

mircea_popescu: i didn't know that can happen.

mircea_popescu: lolwhat ?!

mircea_popescu: link or something ?

mircea_popescu: duide for real ?!

mircea_popescu: i didn't know he had such a nice voice.

mircea_popescu: omg bartholomew is in the labcoin lab of coins!

mircea_popescu: i can see the chips hashing pot in the distance!

mircea_popescu: anyway. good that rich people are starting to use the system for what it's actually useful : lolz.

mircea_popescu: o the horror.

mircea_popescu: well no matter, i shall remedy by my own hand!@

mircea_popescu: http://trilema.com/2013/our-emperor-deliver-us/

mircea_popescu: here we go.

mircea_popescu: bgupta possibly, if it has a zeroconf.

mircea_popescu: you just put some btc on a side along with your bet,t hwere's an address there

mircea_popescu: haha. it shall be known as tat.rss-pt

mircea_popescu: also the closed/resolved headings are clickable

mircea_popescu: and lead to the search preset.

mircea_popescu: yeah.

mircea_popescu: 2 to 7 iirc.

mircea_popescu: right now you could make a bet that resolves on the 29th

mircea_popescu: and bets close 2 days before resolution

mircea_popescu: i dun think i am following this

mircea_popescu: and how do you know what he wants in the first place ?!

mircea_popescu: bgupta explain yourself! lol

mircea_popescu: Vexual ty./

mircea_popescu: you can set end weight to anything you wish, like 95k

mircea_popescu: and how does werighing ruin early bettors ?!

mircea_popescu: ThickAsThieves i don't understand that at all.

mircea_popescu: bgupta let's be abstract here. the risk over time functional is probably not a polynomial, but something more c omplex, perhaps even discrete. the weight is linear. obviously these won't match

mircea_popescu: as in, the real risk over time will dip under or over

mircea_popescu: originally i had in the draft for this thing an ability for the bettor to introduce an arbitrary weigh curve, and the site to interpret that functional.

mircea_popescu: the problems were that this is not straightforward to do (as good notation is something maybe half the math grads understand, and wysiwyg notation of curves we don't have yet on computers, in spite of 50 years of efforts started at parc)

mircea_popescu: you'll end up with one longass dropdown

mircea_popescu: can you type that in cli style ?

mircea_popescu: or have bitbet come with matlab client lol

mircea_popescu: on the grounds that there exists something more credible than me holding it, except we've not yet discovered it./

mircea_popescu: how do you propose to escrow ? mtgox ?

mircea_popescu: Doctor_Andonuts i'd be surprised if you can reach him atm.

mircea_popescu: ThickAsThieves or you meant private bets ?

mircea_popescu: we have some drafts of that being worked on.

mircea_popescu: it's a little more complex upon consideration than it seems, but i think something might come of it.

mircea_popescu: Doctor_Andonuts https://bitcointalk.org/index.php?topic=126885.0 you could always post there...

mircea_popescu: more problems than that. suppose A wants to bet B that he has sex with C.

mircea_popescu: bgupta oh i finally get what you mean. it's further IN than 7 days (ie, closer to the current date than the 7 days allow)

mircea_popescu: o i see.

mircea_popescu: kakobrekla do you suppose that dropdown could be replaced with a type-in field prepopulated with a default ?

mircea_popescu: and make it go now + 2 days bet close -2 days as limits

mircea_popescu: why would the free market want to have a central planner ?

mircea_popescu: o o i see, it's really "pls to give us free liqudity"

mircea_popescu: well, maybe the us tradition is to destroy the free market by repackaging it as entertainment or a service. but bitcoin is against that.

mircea_popescu: i don't want to make more "money". i want to make actual money in an environment it's worth living in.

mircea_popescu: im a radical.

mircea_popescu: vitriolically radical.

mircea_popescu: Vexual poorly.

mircea_popescu: sounds awful doesn't it.

mircea_popescu: besides, there's no sartreism either.

mircea_popescu: i tend to agree. people especially sheltered/bored english speakers managed to miss out on a lot of otherwise illuminating and instructive experience./

mircea_popescu: ThickAsThieves "you are ill equipped to interact straight..."

mircea_popescu: to be fair, i got some mail on the topic too. a few people wanting to know if i hitch seat rates again.

mircea_popescu: a

mircea_popescu: https://pbs.twimg.com/media/BU40U9wCAAEuMvE.jpg:large

mircea_popescu: i remember the days hillary was kinda pretty.

mircea_popescu: i guess im fucking old.

mircea_popescu: http://coochiecrunch.files.wordpress.com/2013/01/hillary_clinton_young.jpg

mircea_popescu: she's got that golden retriever look in her eye

mircea_popescu: makes great women.

mircea_popescu: yeah

mircea_popescu: https://bitcointalk.org/index.php?topic=300430.msg3220655#msg3220655

mircea_popescu: amazing question.

mircea_popescu: the sports example makes plenty of sense.

mircea_popescu: the other one has even odds to work eiother way. i say this from experience :

mircea_popescu: people pile on whether it is advantageous or disadvantageous to them

mircea_popescu: ThickAsThieves here's the thing : even longshot bets provide better interest than what you can get on reasonable loans

mircea_popescu: and for much less risk.

mircea_popescu: people just need to get used to the fact that this game has a longer timeline than a few months.

mircea_popescu: well.. i'm patient apparently.

mircea_popescu: still, a 20% locked in interest over 100 btc for a year is a great deal.

mircea_popescu: if you can trust the issuer.

mircea_popescu: on the other hand, 7% a week is a bad deal.

mircea_popescu: even if you do make 7% a few weeks.

mircea_popescu: the20year1 old history.

mircea_popescu: bgupta uh ?!

mircea_popescu: i didn't know jets grew in australia

mircea_popescu: is it some kind of spider ?

mircea_popescu: you don't mean the light aircraft do you ? :D

mircea_popescu: there was this ultralight kit you could buy

mircea_popescu: what's that mean ?

mircea_popescu: i would hope im organically minded.

mircea_popescu: in principle.

mircea_popescu: well... a kit wtf. its made to be easy.

mircea_popescu: so ?

mircea_popescu: well everything in its current form is doomed

mircea_popescu: anyway, yes drones will take over ww2 style fighter jetsd

mircea_popescu: for the same reason nobody played invaders while physically located in the little ship

mircea_popescu: the20year3 a drone doesn't HAVE to fly gps.

mircea_popescu: not what i meant.

mircea_popescu: eventually memory will get small enough you can have a mn sq miles of detailed map in the thing

mircea_popescu: it just pilots like humans do.

mircea_popescu: lol the harpoon thing ? that's like half a ton

mircea_popescu: the20year3 maginot.

mircea_popescu: well that'd definitely be a fun thing

mircea_popescu: the desktop pewpewpewer

mircea_popescu: well you'd probably need very finely machined parts

mircea_popescu: but i'd definitely ipo a corp that i judged had a serious shot at making it

mircea_popescu: http://www.dailymail.co.uk/news/article-526655/Introducing-worlds-smallest-gun-fires-deadly-300mph-bullets--just-TWO-inches-long.html

mircea_popescu: small bore guns have been made

mircea_popescu: Vexual http://trilema.com/2013/since-you-boys-are-printing-tanks-now/

mircea_popescu: the20year3 http://trilema.com/2013/the-corn-thing/

mircea_popescu: [\\\] it varies.

mircea_popescu: the author is pointing out that the replacement is hardly optional.

mircea_popescu: this is true, in the sense there's currently a market for child sex slaves.

mircea_popescu: by the time chem inc is done with it, large scale agriculture stands with agriculture roughly in the relation diocletian's republic stood with the republic.

mircea_popescu: sort of like furniture improved by termites.

mircea_popescu: nah, the living standards are much too high.

mircea_popescu: ideally about half the population should experience hunger outside of their own control a day a week.

mircea_popescu: currently this is less than a tenth.

mircea_popescu: the20year3 "the" ?

mircea_popescu: i mean that lol. what that ?

mircea_popescu: this is specifically to directly and clearly enforce their inferiority to me and my superiority to them.

mircea_popescu: it's not a "we're all the same", quite the contrary. we are unlike.

mircea_popescu: the20year3 i don't base it on anything. challenging it should be based on things.

mircea_popescu: many many things.

mircea_popescu: Vexual sure, they can. some should. not all ever will. hierarchy, thus happiness.

mircea_popescu: human rights exist against the state, not against nature.

mircea_popescu: probably all he actual agricultural knowledge, fucked by superior industrial methods.

mircea_popescu: and for the record europe's no different.

mircea_popescu: what's "deal with" mean ?

mircea_popescu: i dunno, a dozen or two ?

mircea_popescu: something like that depending how you define it.

mircea_popescu: nope. i just eat healthy.

mircea_popescu: for instance yest i made a pot of beans out of a leg of pork smoked the classical way.

mircea_popescu: it does, sure. but i don't care, i have money and i don't believe in feeding everyone.

mircea_popescu: the20year3 im not the guy comparing prices in asda you realise ?

mircea_popescu: that doesn't change the fact that "20p cheaper" is actually a criteria directing lives.

mircea_popescu: your argument runs into the very ample majority of price argumentation in the fcmg sector.

mircea_popescu: fmcg*

mircea_popescu: but the argument is not to entirely, the argument is to majority.

mircea_popescu: most people buy by price, with tiny fluctuation restructuring their consumption. this pushes producers to control costs, which leads to substitution, of actual ingredients with chemically derived erszatz.

mircea_popescu: so therefore, as an economic agent, if you can replace the nicely smoked leg of pork with some pink goop, you have to.

mircea_popescu: the us is a 300mn market in a 8bn ocean.

mircea_popescu: and i don't grok the pepsi notion. you can't be telling me pepsi is anything but "the cheapest drink we can make" ?

mircea_popescu: that changes nothing.

mircea_popescu: well beer is really the new soda, by now they're no longer even fermenting it. just flavouring soda with "beer".

mircea_popescu: did yousee that article showing animals catching up to ? marmosets etc ?

mircea_popescu: ;;google obesity marmoset rats

mircea_popescu: the last one

mircea_popescu: cocked ?!

mircea_popescu: in othere news, "British Child Sex Slave, 11, had her butt branded with an “M” for Mohammed, her Muslim captor"

mircea_popescu: hey, it's the daily mail.

mircea_popescu: apparently it's a muslim thing.

mircea_popescu: a worldwide thing in muslim places.

mircea_popescu: from cambodgia to south africa

mircea_popescu: right.

mircea_popescu: ;;seen namworld

mircea_popescu: http://www.usatoday.com/story/news/politics/2013/09/19/tom-delay-conviction-overturned-money-laundering/2837053/

mircea_popescu: so this is pretty good. us court finds cheques aren't money.

mircea_popescu: yeah it's totally empty nao.

mircea_popescu: population 18

mircea_popescu: lmao

mircea_popescu: these fucktards and their "dividends".

mircea_popescu: a venture without income may not pay dividends. it's like speaking of a bull's milk.

mircea_popescu: jesus now we got cow gender issues ?

mircea_popescu: i gotta pick better analogies

mircea_popescu: lmao. deadline of "we will pay you 0.74% of what you send in two months hence" is not a deadline, either.

mircea_popescu: deadlines must be things that are not wholly within the operator's control. making a statement is also not a deadline.

mircea_popescu: what's the alleged float ? i forget.

mircea_popescu: dexX7 no, that's not a daytrader. that's an noobtrader.

mircea_popescu: daytraders trade actual companies. these differences are important.

mircea_popescu: this constant temptation to substitute things for cheaper, easier, faster pseudothings is like our contemporary cancer.

mircea_popescu: im not that advanced.

mircea_popescu: but it seems to me the false idea that "we're all equal" is at the root of the problem. obviously in reality we aren't. but the pressure of confirming this ideology makes people hurt themselves.

mircea_popescu: like the guys living in houses they can't afford to match all the other "equal" guys who also.

mircea_popescu: so thus, i roil against equality, especially as contemporarily misunderstood.

mircea_popescu: doesn't seem much of a cure.

mircea_popescu: because why ?

mircea_popescu: so why don't you get gender reassignment surgery then

mircea_popescu: lol

mircea_popescu: jurov he's new.

mircea_popescu: in other news, atruk made a blog.

mircea_popescu: http://www.thedrinkingrecord.com/

mircea_popescu: leotreasure what's that stuff all about ?

mircea_popescu: somewhat.

mircea_popescu: im sure we'll have glbse 3.0 eventually.

mircea_popescu: people being people and whatnot.

mircea_popescu: Scrat what's jd investment at these days ?

mircea_popescu: gee today's log is great.

mircea_popescu: ThickAsThieves:

mircea_popescu: so burnside's timing is awesome << tis how one learns, tat.

mircea_popescu: lol a year.

mircea_popescu: pirate was never here. also, pirateat40

mircea_popescu: TomServo apparently some guy has been winning 15k

mircea_popescu: isn;'t this exactly like thart earlier guy, celeste or w/e ?

mircea_popescu: straight wins

mircea_popescu: lol

mircea_popescu: well the first time it was perfectly credible that it's yiou know, random shit happens.

mircea_popescu: but there's been two large series and no numerous small serioes in between them.

mircea_popescu: this seems very strange.

mircea_popescu: it is one of those yeah.

mircea_popescu: i think you can audit it yourself

mircea_popescu: in fact, a blog dedicated to random-weekly audits of provably fair betting sites would be interesting

mircea_popescu: well this'd be one of those loss leaders.

mircea_popescu: just as long as they do a good job.

mircea_popescu: Scrat nah, i divested in july.

mircea_popescu: http://trilema.com/2013/for-lack-of-a-nail/

mircea_popescu: and i asked you because you were discussing it in the log earlier.

mircea_popescu: https://bitcointalk.org/index.php?topic=301008.new#new

mircea_popescu: lol that matters now ?

mircea_popescu: i can scarcely think of a more absolute display of impotence. "oh i ignore your pr pls care"

mircea_popescu: except most those ignores come from socks/mains of people who read her avidlyh.

mircea_popescu: problem is "established" means "made 50 posts" or something.

mircea_popescu: herpderp.

mircea_popescu: some people have no life, you know ?

mircea_popescu: and like 90k comments or so, comes to a dozen per.

mircea_popescu: lolk

mircea_popescu: also october 31st ?

mircea_popescu: ThickAsThieves:

mircea_popescu: why is jgarzik out of the woodwork with telling everyone to make a decentralized exchange?

mircea_popescu: because the power rangers still cling to the delusion of relevance, but meanwhile are starting to comprehend what killed them.

mircea_popescu: except, they misrepresent it as both future and avoidable, when it's really past and done.

mircea_popescu: cause im slowly going through logs.

mircea_popescu: i read a little, something happens, read a little more etc.

mircea_popescu: sure i do.

mircea_popescu: key tool.

mircea_popescu: pankkake: those should go to zero… unless maybe there's a sale of the source code <<< ahh how this brings memories.

mircea_popescu: anyone rememvber the bitcoinica "valuable" source code and the bitfinex muppets ?

mircea_popescu: ThickAsThieves: he edited most details out of the contract a while ago << http://trilema.com/2012/gpg-contracts/ i say!

mircea_popescu: BigBitz burnside is some dork that was running a ltc exchange, then when glbse popped he figured "o noes, i have all the needed expertise to re-do the thing".

mircea_popescu: yw!