assbot: [MPEX] [S.MPOE] 28410 @ 0.00042944 = 12.2004 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 21100 @ 0.00042443 = 8.9555 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 25650 @ 0.00042808 = 10.9803 BTC [+]
assbot: [MPEX] [S.MPOE] 20960 @ 0.00042954 = 9.0032 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 41840 @ 0.00043457 = 18.1824 BTC [+]
mircea_popescu: <mats_cd03> i can hear them from here and they're at least a mile away << so they're demonstrating good lungs eh.
mats_cd03: ben_vulpes: what do you need that for?
cazalla: mircea_popescu, i dunno, he's in BA, perhaps you can do an interview with the foundation's latest hire
undata: Here, inject this syringe.
undata: the guy looked like a doctor to me!
decimation: asciilifeform: it seems to me that the advantages of a real-mode keylog are obvious
mircea_popescu: asciilifeform well, there's also 30something kinda fat prostitutes.
decimation: asciilifeform: but apparently they broke a 512-bit rsa cert!
mircea_popescu: asciilifeform a no, this was re your "going to bed" line
jborkl: Wow, the MasterCard video was a disaster
assbot: Bitcoin in Argentina : exactly nothing to do with the derps pe Trilema - Un blog de Mircea Popescu. ... (
http://bit.ly/1rXLR7Q )
undata: "One of the consequences of these graph is that if the real name of the sender of a single transaction belonging to the entity is identified, then Satoshi mystery identity will be revealed. I bet that this will happen in the days following this post." < hilarious
undata: now that I've made these graphs, clearly the hard work is done
mircea_popescu: kinda typical derpage. but anyway, fake foundation gotta work itself aground somehow.
decimation: apparently they kicked the guy off the project because of his refusal to commit a pronoun patch
☟︎ mircea_popescu: decimation you understand what's at stake there right ?
mircea_popescu: guys like hearn, gmaxwell etc , as well as guys like poettering etc, as well as guys like that derpy chick whatever her name is
mircea_popescu: so the guy prevented a politruk from getting his "contributions" count up.
jborkl: Well one of the core contributors for bitcoin flipped hamburgers not too long ago
decimation: right, but the guy wasn't an employee of joyent
mircea_popescu: which is a major problem, because the us nomenklatura is fighting real hard to get "scientific" credetnials.
decimation: anyway, it's kinda like the retard version of the openbsd fork
mircea_popescu: (more likely, so when they get hanged by their own guts, the remainder, ever less numerous crowd of them can falsely claim that we're attaching "science"
jborkl: Mp, did you ever join the bitcoin foundation?
decimation: during the french revolution, plenty of scum pseudo-scientists ganged together to hang actual people
assbot: [MPEX] [S.MPOE] 59861 @ 0.00043812 = 26.2263 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 14900 @ 0.00044214 = 6.5879 BTC [+]
decimation: "Joyent raised venture capital for the first time in November 2009[42] from Intel and Dell.[43] Joyent's early institutional investors include El Dorado Ventures, Epic Ventures, Peter Thiel (Seed Round),[44] Intel Capital (Series A, B Rounds),[45] Greycroft Partners (Series A, B Rounds),[46] Liberty Global (Series B Round). In January, 2012, Joyent secured a new round of funding totalling $85 million from Weather Investment II,
decimation: Accelero Capital, and Telefónica Digital.[47] In October 2014, Joyent raised an additional $15 million in Series D funding from existing investors. [48]"
decimation: asciilifeform: whoever the 'jews' are today, they better consider their parachutes now
mircea_popescu: dude empathy is exactly anti-engineering. it is emphatically NOT an engineering value
cazalla: mircea_popescu, imagine if someone really was sent to do an interview lol
decimation: well, he put his name on top. master an man, etc
gribble: Error: 'cantrill' is not a valid integer.
assbot: [MPEX] [S.MPOE] 25600 @ 0.00043457 = 11.125 BTC [-]
mircea_popescu: "@KristianOellegaard this isn't an issue of breaking or following the rules, it's an issue of doing the right thing and common sense. This situation is about people, not code."
mircea_popescu: it is a matter of doing the right thing. it's about people, not code.
undata: counts as a fetish too in my book.
mircea_popescu: how can you NOT like the real isis ? the fake isis (usus ?) is just as stupid, only much derpier.
undata: they're trying to pass this new "street tax" in Portland
decimation: at least isis is up front about their religion, instead of being all meta about it
undata: might as well nuke the whole state from orbit when better masters own it
mircea_popescu: decimation but it's the same thing to a dot. "fuck the law, we do what we please". well...
undata: were isis dropped in the middle of portland they'd own it in a day
undata: who can cry for which special interest the most convincingly
cazalla: undata, only way to be sure eh?
undata: and serves as an example
mircea_popescu: "In a text message, Novick continued that he believes $200 a month means less to people earning $500,000 a year than $12 per month for $50,000 earners."
mircea_popescu: by now money is compared in the meta-terms of its "meaning" ?
mircea_popescu: i want to trade this millionaire benjies for busker benjies please.
undata: you didn't build that money meaning.
undata: mircea_popescu: ungendered << made me think of some sort of feminist reparations tax
undata: surely they'll pass that in a few years
mircea_popescu: there's no point in holding on to plain dollars if on top of inflation of fact you'll also get inflaiton of meaning.
decimation: as long as he and his friends have a strong lock on the bezzlars funneled into sv, he is more than willing to throw his 'own tribe' under the bus in order to appear magnanimous
mircea_popescu: what sort of bond interest rate would cover my meaning inflation over here ? 25% ? 45% ?
decimation: meanwhile back in unreality world the dollar just beat all the other fiat at the market today
decimation: apparently 'because' usg released data that indicated that some wages kinda went up, and some people might have been hired
gribble: Bitstamp BTCUSD ticker | Best bid: 374.48, Best ask: 375.82, Bid-ask spread: 1.34000, Last trade: 375.84, 24 hour volume: 8384.72282528, 24 hour low: 365.72, 24 hour high: 377.89, 24 hour vwap: 372.683629618
assbot: [MPEX] [S.MPOE] 30950 @ 0.00043538 = 13.475 BTC [+]
assbot: Defiant Uber rideshare launches in Portland, with City Hall promising to 'throw the book' at drivers | OregonLive.com ... (
http://bit.ly/1s3Lao0 )
undata: sudden urge to go drive for uber just for the hell of it
mthreat: mircea_popescu: if starbucks coffee is any measure of inflation, it's been 60% from 1 year ago. My coffee went from 30 pesos to 48 since 1 year ago.
assbot: [MPEX] [S.MPOE] 17759 @ 0.00043443 = 7.715 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 44200 @ 0.00043569 = 19.2575 BTC [+] {3}
assbot: [MPEX] [S.MPOE] 79225 @ 0.00043998 = 34.8574 BTC [+] {3}
assbot: [MPEX] [S.MPOE] 3900 @ 0.00044425 = 1.7326 BTC [+]
decimation: asciilifeform: they are the 'spiritual heirs' of solaris
decimation: most of the sunos people left oracle's lawnmower and went there
decimation: they are trying to be a 'cloud company' with a unique os - SmartOS
decimation: SmartOS is a SVR4 open-source hypervisor, based on the UNIX operating system which combines OpenSolaris technology with Linux's KVM virtualization.
decimation: although like BSD, "solaris" is more of a spiritual matter now than a matter of a particular codebase
gernika: The post on bitcoin in Argentina reminds me of Bitcoin in berlin. There was supposed to be some thriving bitcoin scene in Kreuzberg. In fact when I went to visit there was a single crappy cafe with a cheap Bitcoin sign hanging in the window.
undata: it turns out all these citizen journalists are full of shit
gernika: The post on bitcoin in Argentina reminds me of Bitcoin in berlin. There was supposed to be some thriving bitcoin scene in Kreuzberg. In fact when I went to visit there was a single crappy cafe with a cheap Bitcoin sign hanging in the window.
gernika: new IRC client, forgot to page down
decimation: hehe yep. the names have been entered in the journal
undata: asciilifeform: statements are implicitly understood to be mostly bullshit in modern English
decimation: asciilifeform: doesn't it feel like a cargo cult around an os that was handed down by betters?
undata: hence "unlimited" data plan = 2 gigs
undata: and the gigs aren't even real gigs
undata: plenty of lawyer money at that point
assbot: [HAVELOCK] [AMHASH1] 2339 @ 0.00124542 = 2.913 BTC [+] {3}
decimation: and apparently they view the legacy of solaris as a great foundation to host ... server-side javascript
decimation: asciilifeform perhaps you could follow the fate of solaris as a re-invented platform for oracledb
decimation: 'actual problems' being things that are critical to eat, not be blown up, etc?
decimation: somehow I guess there is a market for selling vms to folks
decimation: the empty bottles in this case being the legacy of unix, in its million forms
decimation: really, it's all just an extension of the lowly spammers desire to make money while he sleeps
gernika: Man. I used to subscribe to this forum called the Micropreneuer academy. I see now that this was exactly their propsal: spam to make money while you sleep.
gernika: Exactly. I slept very little while I was trying to follow their recipe.
gernika: These people were constantly working
gernika: And at the same time calling it passive income.
gernika: Whatever scheme they came up with inevitably ran out of steam after at most a few years.
gernika: There was a constant search for some unexploited google search phrase
assbot: [MPEX] [S.MPOE] 10508 @ 0.00044425 = 4.6682 BTC [+]
undata: decimation | really, it's all just an extension of the lowly spammers desire to make money while he sleeps << cheap credit spawned a generation of these
undata: several generations of Americans at least believe that this is precisely what success looks like: you buy and sell a few houses and your life is on autopilot from then on
gernika: mircea_popescu I have not heard of Room77 - google tells me it's some sort of hotel site.
mircea_popescu: <asciilifeform> honouring the 'lifetime warranty' for all the chumps put together - would this even add up to the cost of one lawyer-week ? << it makes no sense to me either.
mircea_popescu: asciilifeform> reading for the first time about 'joyent', i couldn't help but wonder - what are these 'technologies' actually for? if they were erased from the good earth overnight, would i notice ? <<< if node.js were erased you would notice.
mircea_popescu: just like if fat women were erased from the world you'd notice.
undata: at least it's chum for bad developers
undata: you know where they're at
mircea_popescu: <asciilifeform> ilkka kokkarinen) << there is some merit to the ford story, but specifically, that he majorily cut down on staff turnover by "overpaying". except all the other idiots were not accounting for training costs (in the form of, not building anything too complex)
mircea_popescu: so it gave him an unassailable advantage for just long enough.
mircea_popescu: undata sure, except for the obnoxious "prevailin business practices" bit.
gernika: mircea_popescu actually yes, that looks familiar
gernika: I had a burrito there. It was not a great burrito. The interior was quite drab.
mircea_popescu: (speaking of which, the doner in germany surpasses the doner in turkey i hear)
gernika: I agree - a german burrito seemed unappealing just as a concept, let alone as something concrete made out of that run down kitchen, but apparently at the time I thought that was my best option.
gernika: Hmm doner looks good, never had it before.
mircea_popescu: i thought it's the world's most popular fast food dish
mircea_popescu: (in the civilised sense of that term, not the usian sense of it0
gernika: The world doesn't work like that here.
assbot: [MPEX] [S.MPOE] 56600 @ 0.00044531 = 25.2045 BTC [+] {3}
assbot: [MPEX] [S.MPOE] 18979 @ 0.00044593 = 8.4633 BTC [+]
assbot: [MPEX] [S.MPOE] 70300 @ 0.00044664 = 31.3988 BTC [+] {3}
assbot: [MPEX] [S.MPOE] 43500 @ 0.00044835 = 19.5032 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 81350 @ 0.00045067 = 36.662 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 51905 @ 0.00045208 = 23.4652 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 34550 @ 0.0004513 = 15.5924 BTC [-]
assbot: [MPEX] [S.MPOE] 31649 @ 0.00044879 = 14.2038 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 38900 @ 0.00045822 = 17.8248 BTC [+] {2}
cazalla: back to ddosing websites by the looks of it
assbot: [MPEX] [S.MPOE] 61708 @ 0.00046595 = 28.7528 BTC [+] {3}
undata: needs moar 402: Payment Required
assbot: [MPEX] [S.MPOE] 11800 @ 0.00048821 = 5.7609 BTC [+]
assbot: [MPEX] [S.MPOE] 22137 @ 0.00047442 = 10.5022 BTC [-]
assbot: [MPEX] [S.MPOE] 9852 @ 0.00045128 = 4.446 BTC [-]
assbot: [MPEX] [S.MPOE] 8707 @ 0.00048931 = 4.2604 BTC [+]
assbot: [MPEX] [S.MPOE] 44462 @ 0.00047201 = 20.9865 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 3938 @ 0.00049046 = 1.9314 BTC [+]
assbot: Hutzler Banana Slicer Cutter Great for Cereal/Sandwitches/Splits/Hot Dogs NEW: Amazon.co.uk: Kitchen & Home ... (
http://bit.ly/1w9m6mr )
jurov: lots of simlar paraphernalia linked
assbot: [MPEX] [S.MPOE] 17464 @ 0.00047769 = 8.3424 BTC [-]
assbot: [MPEX] [S.MPOE] 12800 @ 0.00050379 = 6.4485 BTC [+]
assbot: [MPEX] [S.MPOE] 38200 @ 0.00050379 = 19.2448 BTC [+]
assbot: [MPEX] [S.MPOE] 45086 @ 0.00049962 = 22.5259 BTC [-]
assbot: [MPEX] [S.MPOE] 19814 @ 0.00046752 = 9.2634 BTC [-]
assbot: [MPEX] [S.MPOE] 21900 @ 0.00050679 = 11.0987 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 49539 @ 0.00049914 = 24.7269 BTC [-] {2}
gribble: Bitstamp BTCUSD ticker | Best bid: 374.46, Best ask: 375.62, Bid-ask spread: 1.16000, Last trade: 375.62, 24 hour volume: 5384.28194357, 24 hour low: 370.25, 24 hour high: 377.89, 24 hour vwap: 374.00473742
assbot: [MPEX] [S.MPOE] 54121 @ 0.00050077 = 27.1022 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 5000 @ 0.00051224 = 2.5612 BTC [+]
assbot: [MPEX] [S.MPOE] 22872 @ 0.00051134 = 11.6954 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 27301 @ 0.00050831 = 13.8774 BTC [-]
assbot: [MPEX] [S.MPOE] 65598 @ 0.00045971 = 30.1561 BTC [-]
assbot: [MPEX] [S.MPOE] 5702 @ 0.00045569 = 2.5983 BTC [-]
assbot: [MPEX] [S.MPOE] 45850 @ 0.00049246 = 22.5793 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 10350 @ 0.00045849 = 4.7454 BTC [-]
gernika: and has "temporarily" recentralized
Namworld: uh... Facebook ads system numbers are dodgy... I got a 35% click through rate. What kind of ads get a 35% click through rate? 1 click for 3 impressions.
punkman: there are countless ad clicking bots on Facebook, doing "competitive intelligence"
mircea_popescu: cazalla: back to ddosing websites by the looks of it << did it only last 5 minutes or do i liek magically not see it again
mircea_popescu: gernika: and has "temporarily" recentralized << lawl, for "everyone's proteciton" ?
mircea_popescu: Namworld: uh... Facebook ads system numbers are dodgy <<< welcome to the club ? fb is a scam. this has been said here i dunno how many times, but by pretty much everyone ever involved.
assbot: Logged on 07-02-2014 20:43:36; ThickAsThieves: facebook ads are the worst performance of like all options, other than for some very specific uses
mircea_popescu: and when he says very specific uses, what he means is stuff like
mircea_popescu: ;;google how i trolled my imbecile roommate by custom tailoring the ads facebook showed him (nevermind what either having roommates or hanging out with imbeciles says about me).
assbot: [MPEX] [FT] [X.EUR] 712 @ 0.00328156 = 2.3365 BTC [-] {4}
assbot: [HAVELOCK] [AMHASH1] 1061 @ 0.00124 = 1.3156 BTC [-]
assbot: [HAVELOCK] [AMHASH1] 849 @ 0.00123999 = 1.0528 BTC [-] {2}
Namworld: Oh yeah, that thing. It's so funny
punkman: Namworld: if enough volume, you gotta look at your logs and ask them to refund some of the scamclicks
mircea_popescu: generally the business experience on the topic being that paying for someone to do the tech part and for someone to do the business part comes to 1-35% more than the value of the refunded clicks.
Namworld: Funny enough, it's targeted at both men and women that talk/liked pages related to Bitcoin.
Namworld: The demographic isn't as random as I'd usually see, it's 66% males between 18-35
mircea_popescu: <undata> several generations of Americans at least believe that this is precisely what success looks like: you buy and sell a few houses and your life is on autopilot from then on << in their defense, all generations since the industrial revolution chiefly believed that this is what success looks like : you do a few things and that's that.
mircea_popescu: notably, athletes at the turn of the century (their dream briefly came through in the 60s, now it seems fucked again), and military men althrough the 1800s.
Namworld: Eh, $50 for the heck of it and there was actually sales, but I didn't put a tracking link so hard to say. I have to change that immediately.
Namworld: Will have to derp some more around and complain for free credits.
assbot: [MPEX] [S.MPOE] 9500 @ 0.00051189 = 4.863 BTC [+]
gernika: mircea_popescu: "When given the choice between temporary centralization and guaranteeing the security of the protocol and therefore user funds, the choice is obvious. Once the new consensus algorithm is complete, it will be safe to run with more than one node again."
https://news.ycombinator.com/item?id=8709514 assbot: Joyce from Stellar here. Yes, that is correct. When given the choice between tem... | Hacker News ... (
http://bit.ly/1G34g5Z )
mircea_popescu: gernika lulzy. i wonder if we see the same nonsense emerge in btc.
mircea_popescu: of course, they manage to not even correctly state the choice.
mircea_popescu: obviously if given the incorrectly statement "choice is obvious". a whole new mode of rational failure the us invented, "begging "the obvious" choice", similar to "begging the question"
Namworld: It might be that facebook ad bots don't tend to have Bitcoin in their interest... at least yet. Hence why demographic looks accurate.
mircea_popescu: but the actual choice is between "destroying the long term viability of the coin through introducing precedent - certain to be followed - of converting it overnight into a centrally owned resource" and "destroying the long term viability of the coin through introducing precedent of arbitrarily lost funds"
mircea_popescu: neither of these being either obvious or desirable, and their conjunction being why the coin in question - stellar or whatever - is dead.
punkman: I don't think Stellar was ever decentralized. They just had more than one server.
gernika: punkman: polycentralized. Now it's just monodecentralized.
punkman: asciilifeform: you could run your own private bitcoin, or private Tor network, or whatever
Namworld: Just by selecting people that have "Bitcoin" in their interests.
Namworld: No, just by adding the term Bitcoin to targeting. So basically people that liked pages and so on or occasionally mention the term "Bitcoin", I believe.
Namworld: So unless there's other Bitcoin advertisers running bots, unlikely to target bot accounts. But stats still points to dodgy stuff. So I guess the majority is still bots.
mircea_popescu: Namworld can you be bothered to run a similar thing for me ? it's been half a year since i last tried them, moar lulz can't hurt.
Namworld: I guess there's already people there.
Namworld: Eh, Facebook is either shit at filtering bots or just plain out scammers.
Namworld: I guess I could run something for you
gernika: I was able to collect email addresses via a signup page running an FB campaign at one time. Don't recall the conversion percentage at the moment but at that time at least there were real people clicking.
assbot: Bitcoin in Argentina : exactly nothing to do with the derps pe Trilema - Un blog de Mircea Popescu. ... (
http://bit.ly/1z8pRYk )
assbot: [MPEX] [S.MPOE] 21350 @ 0.00051439 = 10.9822 BTC [+] {2}
assbot: [HAVELOCK] [AMHASH1] 1362 @ 0.00123575 = 1.6831 BTC [-] {5}
assbot: [MPEX] [S.MPOE] 25100 @ 0.00052396 = 13.1514 BTC [+]
assbot: [MPEX] [S.MPOE] 9950 @ 0.00051189 = 5.0933 BTC [-]
Namworld: Drama -> repackage into advertising -> ???derping??? -> profit
assbot: [MPEX] [S.MPOE] 46400 @ 0.00052423 = 24.3243 BTC [+] {2}
ben_vulpes: <mats_cd03> ben_vulpes: what do you need that for? << 's a joke
assbot: [MPEX] [S.MPOE] 11867 @ 0.00052591 = 6.241 BTC [+]
ben_vulpes: "To me, that insistence can only come from one place: that gender—specifically, masculinity—is inextricably linked to software" << or perhaps that that pronouns are gendered in better languages than engris but whatever
ben_vulpes: undata: "street tax" << my parents have called portland a "benevolent communist state" for as long as i've lived here. it's only recently started to pass its inflection points letting the impoverished demand more and more.
ben_vulpes: once upon a time it was the schools, and there were bonds, and the people paid, and nothing changed.
ben_vulpes: now it's inanities like the street tax to pave the ghetto.
adlai: tl;dr: ripple/stellar are a centralized exchange which publishes its customer database, and uses a hawala fork for fiat processing
assbot: [MPEX] [S.MPOE] 65906 @ 0.00052685 = 34.7226 BTC [+] {2}
adlai: call a spade a spade!
Namworld: My darn cat just opens cupboard and so on and claws bag open to eat pastas and so on... I'll need big plastic container to store pasta and so on in accessible locations, and keep the rest in places he can't get in.
assbot: [MPEX] [S.MPOE] 59050 @ 0.00052313 = 30.8908 BTC [-]
assbot: [MPEX] [S.MPOE] 9828 @ 0.0005307 = 5.2157 BTC [+]
assbot: [MPEX] [S.MPOE] 40400 @ 0.0005229 = 21.1252 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 15800 @ 0.0005307 = 8.3851 BTC [+]
assbot: [MPEX] [S.MPOE] 32700 @ 0.00053111 = 17.3673 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 50527 @ 0.00053564 = 27.0643 BTC [+] {4}
mircea_popescu: <ben_vulpes> THERE CAN ONLY BE ONE INTERPRETATION << actually, the deeper reason is that masculinity is inextricably linked to the species,
mircea_popescu: in the sense that humanity is either masculine or not worth the mention
mircea_popescu: the various defeated and meanwhile extinct tribes from the amazon valley to the pacific rim being the exact proof of this concept.
mircea_popescu: <ben_vulpes> now it's inanities like the street tax to pave the ghetto. << srsly, paving the ghetto, for as long as it uses forced labour of the inhabitants and very rudimentary tools, and it's done in the middle of the summer, is a splendid idea.
ben_vulpes: nice (smelling) people for governance only forever everywhere
mircea_popescu: you know babes are a vanishingly small sliver of "women"
mircea_popescu: this is like saying "honda civics forever everywhere" because "bmws are kinda cool"
mircea_popescu: adlai the only somewhat amusing / incredible if you're new thing about that entire stellar debacle is that... people still pretend like ripple's a thing.
mircea_popescu: "oh, setting our house on fire doesn't work ? I KNOW! let's set the house on fire WITH GASOLINE!"
mircea_popescu: punkman basically it meshes half sentences from the two huh.
assbot: [MPEX] [S.MPOE] 21500 @ 0.00053414 = 11.484 BTC [-] {2}
assbot: $296M in Bitcoin spending on Black Friday and Cyber Monday made it the 9th largest payment network in the world!
http://t.co/jlTVDinyZf assbot: [MPEX] [S.MPOE] 37242 @ 0.000517 = 19.2541 BTC [-] {2}
mircea_popescu: "He studied at Harvard until the First World War broke out in 1914. At that point, aged 23, he returned to Canada and joined the Canadian army in Halifax and was assigned to the Cyclist Corps of the Second Division, Canadian Expeditionary Force."
cazalla: mircea_popescu, that is about as misleading a statement anyone could make lol
cazalla: btw, in that i lost btc with teamviewer thread, leo treasure confirmed he too had it installed when he lost 750btc
cazalla: ah, i don't recall that but no matter
decimation: undata: re: Kiyosaki << yeah I had a friend who tried to get me to go to 'rich dad poor dad' stuff. sounded like a scam, is a scam, etc.
mircea_popescu: wait, there's more to that than just a derpy book from a decade ago ?
assbot: [MPEX] [S.MPOE] 16400 @ 0.00050626 = 8.3027 BTC [-]
decimation: yeah, he went on tour with classes or something
decimation: the set of people "selling" how to get rich in the us is large
assbot: [MPEX] [S.MPOE] 77491 @ 0.00049429 = 38.303 BTC [-] {2}
mircea_popescu: apparently everything anyone's doing there anymore is some sort of attempt to create a miniworld or other.
decimation: well, their forefathers all 'escaped' from europe or elsewhere
mircea_popescu: " That relationship generated sales of $438 million, of which Rich Global got nearly $45 million in royalties"
mircea_popescu: wow check it out, that bad ? this is like the publishing business.
decimation: it was the cult where they all drank the poison kool-aid
decimation: I'm sure they got their money's worth though
decimation: eh? I have nothing to do with these idiots
decimation: every spammer in the us works hard every day to attemp to bypass the bayes filter in my head
decimation: the other day I got a card in a hand-written envelope that was from a local car dealer
mircea_popescu: decimation no i mean, how are you sure they got their money's worth ?
mircea_popescu: all i ever heard about that thing was that it was a dreary shithole in the mud
decimation: well, I guess they were looking for some answers. The answer they got was: you joined a death-cult
decimation: "“Currently, approximately $1B in production spending can be expected to deliver $500M-$600M in profits,” the letter says. “Through his continued focus on financial discipline, Doug hopes to improve that ratio to a point where $800-$900M in production spending delivers $500-$600M in profits.”"
ben_vulpes: tax man has brought to my attention the tax benefits in this country of leasing equipment to your own companies.
decimation: ben_vulpes: like you lease your own property to the company?
ben_vulpes: well, corp a buys a machine and leases it to corp b at a "fair value".
decimation: is this to avoid the business propery tax?
mircea_popescu: ben_vulpes yes, it's why/how ibm was originally reorganised.
ben_vulpes: the way i understand it is that company a owns the assets, b leases them which reduces its apparent income. lease payments come into a and are not categorized as passive investment income.
ben_vulpes is learning all sorts of things about taxes lately.
decimation: this is why it is annoying that usg taxes 'income'
decimation: I think usg should go back to just raising money from trade tariffs
mircea_popescu: trade tariffs are singularly the most stupid taxation font in existence.
decimation: isn't an income tax a tariff on labor trade?
mircea_popescu: if you define labour as per income, then it is by definition.
mircea_popescu: the problem with tariffs is that they economically insulate their jurisdiction, and sooner or later you get left out.
mircea_popescu: in practical economic terms, the unfound amazon tribes are just keeping high import tariffs up.
decimation: so you are big on 'voluntary taxes'. what if someone was living in a 'voluntary tax' jurisdiction but did not pay? Do they have the same legal privleges as one who does?
decimation: but perhaps there is reason for someone to include the little people in the courts
mircea_popescu: decimation hyow the fuck are you going to achieve the respect of your peers if you're a loser lol.
mircea_popescu: what about when groups of friends go camping and some douche never buys anything ? doesn't last long does it ?
decimation: I suppose those who fail to pay tax will end up in the private courts of those who do
mircea_popescu: they'll just end up exactly where they are now : five to the room, crowded in insalubrious conditions, spending their time voting on reddit
mircea_popescu: decimation it's so amusingly pervasive this. so the cbc article you linked punching holes in the rich dad thing ?
mircea_popescu: "Allan S. Roth is the founder of Wealth Logic, an hourly based financial planning and investment advisory firm that advises clients with portfolios ranging from $10,000 to over $50 million. "
mircea_popescu: as tlp would say, "don't change the system, just shuffle among its offerings"
decimation: heh yeah. In the us, it is common for 'regular people' to roll over their pre-tax retirement savings to investment brokers
mircea_popescu: which, incidentally, suggests to me a simple, direct and therefore likely correct explanation of the previously mysterious tendency of english-speaking thinkers to create acronyms.
mircea_popescu: if you acronym it YOU NO LONGER HAVE TO THINK ABOUT IT
decimation: they generally charge 1% of the portfolio, and are not even legally held as fiduciary
mircea_popescu: and the less you think about what exactly wl, rd etc are, the better, you can just keep derping between em
mircea_popescu: decimation which is why all the legal barriers, it's basically free money for the taking
mircea_popescu: so they dun want random internet scammers and other non-proper-meta bezzlominds getting any
decimation: right, only proper friends of the bezzle get the legal privileges
mircea_popescu: "he acted as an investment broker without a license ?! AND HE DID SLIGHTLY BETTER THAN THE AVERAGE ?!?!" burn him!!1
decimation: so, it's just a telephone on a wall? I don't get it
assbot: [MPEX] [S.MPOE] 42812 @ 0.00049077 = 21.0108 BTC [-] {2}
undata: ben_vulpes: what engine is that?
decimation: ben_vulpes: I got to block 264k or something when I filled my vm's hard drive
ben_vulpes: decimation: disk storage is the *bane* of bitcoin testing.
ben_vulpes is in the process of standing up an aws instance with a full TB of storage