PeterL: mircea_popescu:pete_dushenski they claimed circle defrauded them, threatened to sue. never sued, disappeared. << was Dwolla, I don't think Circle was a thing yet then, but same idea
PeterL: there was some "it was so unfair for the first adopters" when bitcoin hit 32 back in '11
punkman: fun "a thin film of a magnetic material to hold small magnetized areas, known as bubbles or domains, each storing one bit of data."
decimation: asciilifeform: yeah that was kinda the answer I was expecting to get
decimation: but the 'docent' guy wasn't terribly familiar with the issues I gather
decimation: a skilled machinist's time isn't cheap either though
decimation: asciilifeform: re: cruise ship < well, there's a reason they say it's for the 'newlywed and nearly dead'
assbot: [MPEX] [S.MPOE] 51350 @ 0.00032904 = 16.8962 BTC [-] {2}
ben_vulpes: what is the correct data representation for the amount of bitcoin in a transactino?
assbot: [MPEX] [S.MPOE] 18950 @ 0.00032964 = 6.2467 BTC [+] {2}
mircea_popescu: asciilifeform was plenty of the latter even a year or two ago << yeah, but "preponderence of derpitude" standard.
assbot: [MPEX] [S.MPOE] 33000 @ 0.00032537 = 10.7372 BTC [-] {2}
assbot: Logged on 08-03-2015 20:27:50; decimation: at some point, are you just driving a replica?
[]bot: Bet placed: 1 BTC for Yes on "BTC to top $700 before 1st July"
http://bitbet.us/bet/1128/ Odds: 94(Y):6(N) by coin, 94(Y):6(N) by weight. Total bet: 1.1 BTC. Current weight: 99,992.
decimation: danielpbarron: aye, one cannot step into the same waters twice, even if one pays dearly to try
[]bot: Bet placed: 7 BTC for No on "BTC to top $700 before 1st July"
http://bitbet.us/bet/1128/ Odds: 13(Y):87(N) by coin, 13(Y):87(N) by weight. Total bet: 8.1 BTC. Current weight: 99,976.
decimation: received the emails and said nothing."
assbot: [MPEX] [S.MPOE] 5700 @ 0.00032979 = 1.8798 BTC [+]
decimation: thestringpuller: sorry, apparently I haven't used up my allotment yet :(
mircea_popescu: <assbot> Feels like something is missing from this picture <<< someone giving a shit ?
mircea_popescu: "no discipline has been announced for those who received the emails and said nothing." <<< lol wait, wut ? da usg stoolie programme ?
decimation: maybe one day you too will receive a random ass email and 'say nothing'
mircea_popescu: used to be a time when that'd have been the absolute last thing one'd consider doing.
mircea_popescu: that also happened to be during the brief interval when the us was worth more than something stuck on someone's boot.
assbot: [MPEX] [S.MPOE] 21364 @ 0.00033408 = 7.1373 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 23600 @ 0.00032588 = 7.6908 BTC [-] {3}
assbot: [MPEX] [S.MPOE] 14036 @ 0.00033498 = 4.7018 BTC [+] {2}
decimation: apparently google wants to get rid of x11 totally and replace it with their own graphics layer
☟︎ decimation: that's probably why they threw a shitfit over the kernel api
[]bot: Bet placed: 1.0055 BTC for Yes on "BTC to top $700 before 1st July"
http://bitbet.us/bet/1128/ Odds: 22(Y):78(N) by coin, 22(Y):78(N) by weight. Total bet: 9.1055 BTC. Current weight: 99,916.
assbot: [MPEX] [S.MPOE] 31500 @ 0.00033712 = 10.6193 BTC [+] {2}
decimation: asciilifeform: yeah that's pretty much it
decimation: I wonder if they have an issue with the MIT license
assbot: Logged on 26-02-2015 21:09:34; asciilifeform: PeterL: most 'alternatives for x11' dispense with the everything-can-be-piped-over-tcp
assbot: Logged on 26-02-2015 21:09:47; asciilifeform: in favour of either nothing or winblows-style whole-display 'remote desktop' bullshit
decimation: indeed. it's like 'pulseaudio' for your graphics card
decimation: I don't blame the folks at google for trying to improve specific hardware products
decimation: I fault all those in the future (outside google) who are going to mindlessly adopt
ben_vulpes: what, though, should i be doing instead?
ben_vulpes: instead of doing whatever's imposed upon me by the world, i mean.
ben_vulpes: i won't do it mindlessly, and i won't go quietly into that dark night.
ben_vulpes: but i'm pretty sure with the state of modern consumer'pute'
ben_vulpes: i don't have much choice in the long run.
assbot: [HAVELOCK] [AM1] 88 @ 0.03410001 = 3.0008 BTC [-] {4}
assbot: [MPEX] [S.MPOE] 95171 @ 0.00032109 = 30.5585 BTC [-] {4}
assbot: [MPEX] [S.MPOE] 29004 @ 0.000327 = 9.4843 BTC [+]
assbot: [MPEX] [S.MPOE] 26409 @ 0.00032218 = 8.5085 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 6791 @ 0.00031739 = 2.1554 BTC [-] {2}
Vexual: bah int64, round that shit down vuples
Vexual: angelina jolie has 10 kids from zero births when ya round down, and a mere photograph of one is worth 50k
Vexual: what ever happened to tat?
Vexual: me prolly headbutting chandilliers someplace
cazalla: Vexual, he left for whale club
Vexual: i prefer seals, but gone
Vexual: well freeroll is anyway
assbot: [MPEX] [S.MPOE] 6000 @ 0.000327 = 1.962 BTC [+]
Vexual: that romanian schoolgirl looks familiar, has she straightened her hair?
cazalla: i dunno, buterin's head is worse than that
[]bot: Bet placed: 8.1919 BTC for No on "BTC to top $700 before 1st July"
http://bitbet.us/bet/1128/ Odds: 12(Y):88(N) by coin, 12(Y):88(N) by weight. Total bet: 17.2974 BTC. Current weight: 99,815.
Vexual: see holdems just bitbet, but the comments are weighted
assbot: [MPEX] [S.MPOE] 51047 @ 0.00032379 = 16.5285 BTC [-] {2}
Vexual: i reckon willie nelson might have an edge in a poker game
assbot: [MPEX] [S.MPOE] 29979 @ 0.00031242 = 9.366 BTC [-]
assbot: [HAVELOCK] [AM1] 286 @ 0.03384995 = 9.6811 BTC [-] {11}
assbot: [MPEX] [S.MPOE] 11250 @ 0.00031242 = 3.5147 BTC [-]
assbot: [MPEX] [S.MPOE] 29802 @ 0.000312 = 9.2982 BTC [-] {2}
Vexual: how scandinavian of you
Vexual: it's a pity it's gonna take google to put the steering wheel in the middle
assbot: [MPEX] [S.MPOE] 8200 @ 0.00032469 = 2.6625 BTC [+]
Vexual: excellent estimators all
Vexual: youll need a bit of hindi tho, coz variety
[]bot: Bet placed: 1.12989999 BTC for No on "BTC to top $700 before 1st July"
http://bitbet.us/bet/1128/ Odds: 11(Y):89(N) by coin, 11(Y):89(N) by weight. Total bet: 18.4273 BTC. Current weight: 99,738.
assbot: [MPEX] [S.MPOE] 47450 @ 0.00031162 = 14.7864 BTC [-] {2}
assbot: [HAVELOCK] [AM1] 65 @ 0.0331 = 2.1515 BTC [-]
[]bot: Bet placed: 1.234567 BTC for Yes on "BTC to top $700 before 1st July"
http://bitbet.us/bet/1128/ Odds: 17(Y):83(N) by coin, 17(Y):83(N) by weight. Total bet: 19.761867 BTC. Current weight: 99,681.
assbot: [MPEX] [S.MPOE] 24950 @ 0.00031637 = 7.8934 BTC [+]
assbot: [HAVELOCK] [ALC] 58 @ 0.11 = 6.38 BTC [+]
assbot: [MPEX] [S.MPOE] 20200 @ 0.00031715 = 6.4064 BTC [+]
assbot: [MPEX] [S.MPOE] 13587 @ 0.0003238 = 4.3995 BTC [+]
assbot: [HAVELOCK] [AM1] 100 @ 0.0332 = 3.32 BTC [+]
assbot: [MPEX] [S.MPOE] 19200 @ 0.00031774 = 6.1006 BTC [-] {4}
assbot: [MPEX] [S.MPOE] 12362 @ 0.00032469 = 4.0138 BTC [+]
[]bot: Bet placed: 5 BTC for Yes on "BTC to top $700 before 1st July"
http://bitbet.us/bet/1128/ Odds: 33(Y):67(N) by coin, 33(Y):67(N) by weight. Total bet: 24.761867 BTC. Current weight: 99,633.
assbot: [MPEX] [S.MPOE] 6524 @ 0.00031415 = 2.0495 BTC [-]
assbot: [MPEX:S.MPOE] 1D: 0.00031075 / 0.0003265 / 0.0003585 (895317 shares, 292.32 BTC), 7D: 0.00031075 / 0.00038154 / 0.0004493 (13500577 shares, 5,151.08 BTC), 30D: 0.00031075 / 0.00040351 / 0.00048515 (70295400 shares, 28,364.98 BTC)
assbot: [HAVELOCK] [AM1] 85 @ 0.0331 = 2.8135 BTC [-]
assbot: [MPEX] [S.MPOE] 20150 @ 0.00031524 = 6.3521 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 8059 @ 0.00032469 = 2.6167 BTC [+]
danielpbarron: height=264323 vs height=203586 (usb3: height=235343)
assbot: [MPEX] [S.MPOE] 92250 @ 0.00032605 = 30.0781 BTC [+] {5}
assbot: [MPEX] [S.MPOE] 39290 @ 0.00031771 = 12.4828 BTC [-]
assbot: [MPEX] [S.MPOE] 28658 @ 0.00032912 = 9.4319 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 33798 @ 0.00033053 = 11.1713 BTC [+]
[]bot: Bet placed: 5.3450337 BTC for No on "BTC to top $700 before 1st July"
http://bitbet.us/bet/1128/ Odds: 27(Y):73(N) by coin, 27(Y):73(N) by weight. Total bet: 30.1069007 BTC. Current weight: 99,491.
assbot: [HAVELOCK] [AM1] 242 @ 0.02716246 = 6.5733 BTC [-] {8}
assbot: [MPEX] [S.MPOE] 39600 @ 0.00033087 = 13.1025 BTC [+] {4}
jurov: hmm, bitbet is revving up
assbot: [MPEX] [S.MPOE] 32350 @ 0.00032743 = 10.5924 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 28603 @ 0.00031956 = 9.1404 BTC [-] {3}
assbot: [MPEX] [S.MPOE] 11500 @ 0.00032181 = 3.7008 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 45600 @ 0.00031512 = 14.3695 BTC [-]
assbot: [MPEX] [S.MPOE] 8626 @ 0.00031436 = 2.7117 BTC [-] {2}
assbot: [HAVELOCK] [AM1] 65 @ 0.02075383 = 1.349 BTC [+] {4}
assbot: [MPEX] [S.MPOE] 9747 @ 0.00031171 = 3.0382 BTC [-]
assbot: [MPEX] [S.MPOE] 9900 @ 0.00031075 = 3.0764 BTC [-]
assbot: [MPEX] [S.MPOE] 13220 @ 0.00031171 = 4.1208 BTC [+]
assbot: [MPEX] [S.MPOE] 125000 @ 0.00031031 = 38.7888 BTC [-] {4}
assbot: Daniel P. Barron on Twitter: "@jilliancyork If they blocked it people would notice right away and cry foul. Tweets about Jesus are disqualified from "top tweets."" ... (
http://bit.ly/1KLA7xT )
danielpbarron: strangly enough, twitter doesn't like to show our conversation in one page for some reason, you have to click each tweet separately to see the context
danielpbarron: she admitted that I was right, but decided that it was either a bug, or an attempt to keep from "offending" christians
nubbins`: maybe it's an attempt to keep from offending non-christians
nubbins`: speaking from my perspective as a canadian, the usa has a very strange relationship with religion
nubbins`: (phun phact, no roman catholic may ascend to the canadian throne!)
assbot: [MPEX] [S.MPOE] 27640 @ 0.00032357 = 8.9435 BTC [+] {2}
assbot: [MPEX] [S.MPOE] 23700 @ 0.00032764 = 7.7651 BTC [+]
danielpbarron: very strange; seems as though bitcoind is causing my server to power-cycle all of a sudden
assbot: [MPEX] [S.MPOE] 104200 @ 0.00033188 = 34.5819 BTC [+] {6}
assbot: [HAVELOCK] [AM1] 96 @ 0.013333 = 1.28 BTC [-] {2}
assbot: [MPEX] [S.MPOE] 3827 @ 0.00033562 = 1.2844 BTC [+]
ascii_field: rowhammer article << didn't we do that here a while ago?
ascii_field: but linked piece contains actual proof-of-concept code.
ascii_field: as usual, the virtues of avoiding 'modern' consumer-grade (i.e. non-ECC memory, in this case) products is on display here
assbot: [MPEX] [S.MPOE] 12610 @ 0.00032718 = 4.1257 BTC [-]
ascii_field: summary for the impatient - arbitrary bit-flips induced from ring3 code on x86
ascii_field: because ddr3 ram is noise-sensitive garbage
mike_c: international money remittance without fincen. how is done? with a mobile app and a local 'cash dealer'.
mike_c: it's bitcoin, but not, but it uses it, but sort of.
ascii_field: mike_c: usually with 'hawala', works since 900 ad or so
mike_c: although they said "since 8th century"
ascii_field: thing is, actual hawala isn't a roundedcorners iPnohe turd app
mike_c: i don't think that is usg honeypot. just misguided VC chumpatron.
☟︎ ascii_field: cannot and must not recognize a difference between these.
mike_c: one is malicious, one is just stupid.
assbot: Logged on 10-02-2015 03:25:08; mircea_popescu: this is like asking wyatt earp "how do you distinguish between the f brothers and stray dog"
assbot: Logged on 21-12-2014 02:50:50; asciilifeform: the best place to hide a little malice is a gigantic pile of incompetence.
mike_c: heh. i can't argue with that.
assbot: Logged on 18-02-2014 19:12:31; mircea_popescu: because it is impossible to establish malice at all, a difference predicated upon establishing malice is meaningless.
mike_c: to be clear, i was not recommending that thing. just came across it today and thought I'd share the lulz.
mike_c: and how the hell did you know what a hawala was? i first saw that word today.
ascii_field: mike_c: hawala is as famous as anything gets, i thought
ascii_field: even paraded by usg muppets in the state-controlled media as 't3rr0r1s7 f1n4nc3!!!111!!1111'
ascii_field: (any financial network the buggers don't control, of course, falls under this)
mike_c: well i guess that's what i am learning about today.
ascii_field: (for readers of my site: iirc i referred to bitcoin as 'mechanized hawala' in my first article on the subject)
assbot: [MPEX] [S.MPOE] 40800 @ 0.00031592 = 12.8895 BTC [-] {3}
mike_c: now that I do, it appears nobody. I was the last one who didn't know.
dignork: ascii_field: yep, there was a discussion on bitflip, but this one is too real, I wonder when active Xen exploit will drive DDR out of cloud business.
ascii_field: dignork: what normally happens in a case like this is - that the hole is sewn shut, but not completely shut - rather like 'infibulated' gurl partz in the middle east
ascii_field: it'll be narrowed so that usg has the only effective exploitatron for it, yes.
ascii_field: see the bios cas/ras timings being silently adjusted by vendors, mentioned in article
HlySht: Can anyone tell me who irdial/beautyon is? and why his opinion is held in high regard in the btc community?
dignork: He is very active on twitter, sometimes fun to read.
HlySht: so he's just a regular bloke then
dignork: danielpbarron: well, libertarians do not have any other way of influence I suspect.
assbot: [MPEX] [S.MPOE] 33750 @ 0.00030773 = 10.3859 BTC [-] {2}
nubbins`: ^ add a servo motor and foot pedal for $800
thestringpuller: nubbins`: all you need now is indonesian children to work your factory
nubbins`: you mean filipino and they don't use flashes
ascii_field: lol re: new apple hardware released today being -slower- than previous
☟︎ assbot: [MPEX] [S.MPOE] 11300 @ 0.00032325 = 3.6527 BTC [+] {2}
dignork: mike_c: hawala comes up a lot in discussions about remittance business.
mike_c: yeah, I read up a bit. I like it.
ben_vulpes: product vision and a six-month commitment at 20K/mo.
assbot: [MPEX] [S.MPOE] 46232 @ 0.00030669 = 14.1789 BTC [-] {2}
ben_vulpes: 2-3 people on your project, no context switching penalties for mobile/backend/html, no technical management burden.
assbot: [MPEX] [S.MPOE] 13857 @ 0.00030344 = 4.2048 BTC [-]
assbot: [MPEX] [S.MPOE] 48234 @ 0.00031038 = 14.9709 BTC [+] {2}
ascii_field: ben_vulpes: 240k... 2-3 people << chinese slaves ?
assbot: [MPEX] [S.MPOE] 8500 @ 0.00030472 = 2.5901 BTC [-] {2}
BingoBoingo: ascii_field: My impression of it has always been as a sort of zoo.
BingoBoingo: ascii_field: It's a fairly old service targeted towards activists explicitly.
ascii_field: the 'identity politics' idiocy is a kgb bomb set off in usa in the 1960s - at this point, a historical fact at least as well-established as the 'business plot' of the '30s
ascii_field: the participants, if told this, only make monkey noises. guaranteed.
BingoBoingo: amazing how it continues firing longer than any color revolution
ascii_field: because it's the ultimate d3m0cr4cy1111!!111! dope - reliable conveyor for enthroning mediocrities who then owe everything to the state
ascii_field: the designers of the weapon understood precisely which screw to turn in usa to make the 'engine governor' fall off and speed up the inevitable degringolade
ascii_field: i'd say 'ask them' but quite likely they're all buried at this point.
ascii_field: wife says to drunken husband, 'every night you drink, drink, you never bring money home, you worthless piece of shit, go visit the cemetary - see how many gravestones say 'died of vodka.'..'
☟︎ ascii_field: 'i counted, read the cards on the wreaths. said things like, 'from wife', 'from son', 'from mother-in-law' - but none said 'from vodka.' nobody died from vodka.'
☟︎ jurov: ben_vulpes what about VAN then? it had no product vision?
cazalla: danielpbarron, lol ethereum blocked you? buterin is yet to block me even though i cuss him out 100 worse than i did gavin
mike_c: isn't there a shadowban? ignore or something?
cazalla: mike_c, not sure, i've never blocked/ignored anyone tbh
danielpbarron: if i'm not mistaken, "block" causes all future replies to not attach in the continuity of the conversation, whereas mute just makes them invisible to the muter
ben_vulpes: <ascii_field> ben_vulpes: 240k... 2-3 people << chinese slaves ? << nobody ever said how many hours.
ben_vulpes: jurov: fine on the vision, budget was simply my spare time.
ben_vulpes: ascii_field: what's the braindamage in this "mill" processor?
ben_vulpes: trips all sorts of bezzletronic alerts for me, but i lack the context to make judgements.
ascii_field: ben_vulpes: basically, a rebranding of academiwank 'systolic processor'
ascii_field: marketing materials promise elaborate, 'smart' cpu crud (branch prediction even more complicated than on extant x86, code that executes even less deterministically, etc.)
ascii_field: surprised that usg hasn't funded them yet.
ascii_field: i went through their material ages ago, and it set off quite a few of the 'scammer heuristics' in my head
ascii_field: most of all the fact of claiming credit (implicitly) for decades of the work of other, genuinely original folks.
assbot: Logged on 06-03-2015 00:38:12; mircea_popescu: be it google or apple, it can fucking rot. everything will have to be reimplemented.
assbot: Logged on 08-03-2015 18:43:30; asciilifeform: perhaps this is worth a brief digression:
ascii_field: i'd argue that these folks -simply don't get to- design cpu any more.
ascii_field: everything they do is 'guilty until proven innocent', which is to say, until independently arrived at by WoT folks.
ascii_field: 'you were a usg academic? hope you like picking fruit.'
assbot: [MPEX] [S.MPOE] 40050 @ 0.00030556 = 12.2377 BTC [+] {3}
assbot: [HAVELOCK] [AM1] 113 @ 0.01589381 = 1.796 BTC [+] {3}
assbot: [MPEX] [S.MPOE] 15151 @ 0.00030242 = 4.582 BTC [-]
assbot: Logged on 09-03-2015 03:27:02; decimation: apparently google wants to get rid of x11 totally and replace it with their own graphics layer
ascii_field: mircea_popescu: there is not a non-retarded alternative today
mircea_popescu: but really, steal keyboard stream because "Whatever, it's also under x" ?
mircea_popescu: "my house doesn't have a hole in the roof - trivial fix" "whatever, i'm not dealing with those imbeciles".
assbot: [MPEX] [S.MPOE] 8550 @ 0.00030242 = 2.5857 BTC [-]
assbot: [MPEX] [S.MPOE] 20600 @ 0.00030242 = 6.2299 BTC [-]
ascii_field: because x per se doesn't impose the retardation
ascii_field: it also allows user to shoot himself in the head
mircea_popescu: x has no fucking business telling another process on its dealings with a process.
mircea_popescu: and the fact that this very fundamental principle is not precisely observed makes me not care whether x or chrome wins. they're the same shit.
ascii_field: if they're both x-using, and both connected to same x server, then yes
assbot: [MPEX] [S.MPOE] 22339 @ 0.00031268 = 6.985 BTC [+]
ascii_field agrees. so long as the answer isn't 'here have a little rectangle of rdesktop crapolade instead of screen-filling display-agnostic remote gui on your giant vertical lcd'
mircea_popescu: but hey, why confront and resolve the hard problems ? inheritance systems for the user input, explicitly set bvy the user etc ? o noes, gotta be simple
mircea_popescu: well, that's what chrome does too : simple rather than correct and easy rather than useful.
mircea_popescu: knocked out retired boxers should look like knocked out retired boxers.
assbot: Logged on 09-03-2015 17:31:55; mike_c: i don't think that is usg honeypot. just misguided VC chumpatron.
assbot: Logged on 09-03-2015 17:36:47; mike_c: americans are dumb.
dignork: Not as lame as superfish, but still fun.
assbot: [MPEX] [S.MPOE] 76986 @ 0.00030114 = 23.1836 BTC [-] {4}
assbot: [MPEX] [S.MPOE] 19485 @ 0.00029917 = 5.8293 BTC [-]
assbot: [MPEX] [S.MPOE] 139387 @ 0.0003135 = 43.6978 BTC [+] {4}
mike_c: mircea_popescu: inbetween aspirational and funded. i heard about them because they got "best of" at reasonably big tech conference. my curiousity is mostly around the brazen attempt to do money remittance in US without being licensed.
mike_c: mhm. tell the US that.
thestringpuller: well this is why US hated hawala during "war on terror" beginnings
thestringpuller: (the US claimed 9/11 was funded with the ultiization of hawala)
ben_vulpes: i will find whoever decided to return 200 from this endpoint and encode the error in xml
ben_vulpes: by the holy dogfucking jesus i will find them
mircea_popescu: mike_c see, the way i've observed this to work is like this : 1) usg makes imbecile law ; 2) society is aghast ; 3) teenaged muppets make bold claim that jives with societal expectation, blatantly in contradiction with usg policy.
mircea_popescu: then 4a) if society bites the bait, they "change their mind" "learn better" "unfortunately..." "they were just kids" etc, the circle / dwolla /etc playbook
mircea_popescu: or else 4b) if society doesn't bite the bait, they "street cred" because were going to 4evar totally do it.
mircea_popescu: seems a decent gameplan. if you're a stanford/harvard business major, or similar scum.
mike_c: i'd love to be a fly on the wall in the pitch meetings though when the investor says "so how are you not going to jail?"
mike_c: because in the game you described, the VCs are getting taken for a ride. which happens of course, but this just seems so obviously illegal.
cazalla: today is typically the busiest day for news but it is dead
cazalla: Pierre_Rochard, pull the pin on twitter eh?
Pierre_Rochard: and every other social media thingy I had in my password manager
Pierre_Rochard: have to manually contact customer support at linkedin to get that removed… the lengths they’ll go to keep the serfs on the domaine
cazalla: well, i will miss your art retweets
Pierre_Rochard: cazalla: ya know, when I started seeing the same art pieces from history of europe’s feed popping up, I knew it was the end
Pierre_Rochard: thestringpuller: it’s the bezzle-wot. Great because of the wot part, spammy and diminished by the bezzle part
thestringpuller: "Hey thestringpuller, would you like to hear about this wonderful development opportunity with a fast growing company you've never heard of?!?!?"
assbot: [MPEX] [S.MPOE] 13200 @ 0.00032601 = 4.3033 BTC [+]
assbot: [MPEX] [S.MPOE] 36279 @ 0.00032512 = 11.795 BTC [-]
assbot: [MPEX] [S.MPOE] 5977 @ 0.00032512 = 1.9432 BTC [-]
mircea_popescu: mike_c in all probability the last pitch meeting where the investors asked something sensible was cca 2002.
mircea_popescu: anyway, "society" is broad. the vc game is just to flip the ponzi to larger fools. they succeed 55% of the time or so.
mircea_popescu: otherwise, the pension funds end up hodling anyway, and the fed rescues them, and here we are.
saifedean: my working theory is that any "entrepreneur" who engages in any form of 'event' about start-ups or entrepreneurship is not an entrepreneur, and has nothing interesting to offer the world. if they did have something interesting, they wouldn't have time for wankery
thestringpuller: ;;later tell pete_dushenski you're referenced in latest qntra article
thestringpuller: mircea_popescu: that sounds like a great video game premise for learning purposes. "Flip the ponzi"
mircea_popescu: anyway, re the "questions asked" : in a total nod to asciilifeform's "merit washing" ideas, by now the point isn't even to have any sort of product, as it hasn't been for decades, noreven any sort of plan. they "invest" in "great teams", nao. "kids will figure it out later".
saifedean: there is such a giant start-up culture in lebanon these days thanks to Central Bank bezzle, everyone and their dog wants to make a start-up... nobody wants to actually do something, just pontificate on start-ups and entrepreneurship
saifedean: the central bank here is probably the world's best, the currency has the highest gold cover of any currency in the world, they banned the banks from investing in any securities and compeltely avoided the 2008 meltdown...
mircea_popescu: what will the kids figure out later ? oh, that - to go no further than latest trilema - jared son of charles got 40mn "investment" from x and y while charles was in jale because campaign donations and other issues related to x and y.
mircea_popescu: saifedean lebanon sounds more and more like romania - 10 years.
saifedean: the socialistards have been pressing for start-up funding and environmental projects, and the CB has obliged with some low-interest loans and funding conferences and start-ups and publicity... what could possibly go wrong
mircea_popescu: in lebanon ? nothing really, srsly nao. buncha town dwelling wasters get ot be all excited for a summer.
mircea_popescu: this exact thing was a problem, written down as such, exact words, in 1914. and since forever : central government attracts town loafers, who then derp about.
saifedean: oh no, there's a lot of ruin to be made in this place, and the socialist scum have been trying in vain for decades...
assbot: beautyon is not registered in WoT.
saifedean: this is really one of the last civilized places in the world, because it's got the hardest currency in the world... you can see lack of socialist decivilization in everything here...
saifedean: before civil war in 1975, currency was 91% backed by gold, almost a gold standard
saifedean: the entire civil war drama was basically communist-funded trash trying to destroy the central bank and currency
saifedean: the value of the gold in the central bank's reserves at market price was equal to 91% of the value of all the currency
danielpbarron: thestringpuller, "A screenshot of the Abra app" << should this not be hosted on qntra?
saifedean: the fact that this place has almost-hard money makes a real difference: there is no bezzle here, there has never been a stock market crash, housing crash, or any kind of business cycle
saifedean: people don't really have shitty bezzle careers, they have actual productive jobs making useful things... like furniture and food
saifedean: it was 91% before the war, then the socialist scum managed to fuck shit up in the war, and destroyed the currency in 1983, it went from 3 Liras/USD to around 2,000Lira/USD
saifedean: but then when the rubble settled down, the central bank set the currency at 1500 Lira/USD in 1992 and it has not budged since
saifedean: the reason is that they still have sizeable gold reserves, unlike the rest of the world's troglodyte central bankers chasing returns and playing etrade accounts with their reserves
mircea_popescu: so if i want to rent a flat in beirut, what'd it run me ?
saifedean: for something really nice... $2000-$4000
saifedean: and by nice, i mean nicer than pretty much anything you've seen
saifedean: views on the mediterranean and the snow-covered mountains... 24 hour delivery services to get you anything you could possibly imagine
saifedean: very safe and secure, friendly and outgoing happy people
mircea_popescu: yeah, but they have to compete with ohio's 150 a month or w/e it was.
saifedean: and some of the world's best food, women, and wine...
saifedean: im not even lebanese, i went to university here, then lived in london and new york... the move from beirut to these anglo shit-holes was a culture shock, there is no comparison... as soon as i finished my phd and got an offer from a lebanese university, i didnt hesitate move back
saifedean: yeah, the fear of the country falling over is what keeps it so wonderfully beautiful, as it keeps out all the unwanted visitors :D
saifedean: it'd be swimming with british stag dos and russian billionaires otherwise
punkman: maybe good time to invest in sailboat
mircea_popescu: no but seriously, there's what, half a million muslims refugeed there now ?
mircea_popescu: o look, most recent political assasination fifteen months ago.
saifedean: this place went through 15 years of civil war though, everyone has had their fill, and nobody wants a repeat, and people are far, far, more careful than in other places... people hjave just learned to ignore all the drama and live their life... all the "violence" and "insecurity" after all, does not amount to half of a chicago
saifedean: there's tons of refugees from syria, but they mostly come here and work, there's no welfare state to speak of so immigration is not really a problem
mircea_popescu: saifedean from where i sit the only sane reason to go to lebanon would be the same as 1k years ago : to start a crusade.
mircea_popescu: saifedean yes, but they support "ideas", and then soon enough vote, and riot.
saifedean: i've traveled the world and never seen a place better, the more i travel the more i fall in love with this place...
mircea_popescu: saifedean sounds a lot like very early romanian. what do they speak even, misr ?
gribble: meowmix was last seen in #bitcoin-assets 22 weeks, 6 days, 23 hours, 58 minutes, and 18 seconds ago: <meowmix> !b 50
punkman: saifedean: hard money, dude! << but pegged to the dollar?
saifedean: washington is a fucking shit-hole, i wouldn't live in it if you paid me 20k a week instead of rent, there's no city worse on the planet
mircea_popescu: punkman actually exports are funnay 20% gold 5% jewelry 5% diamonds. total jew country.
saifedean: pegged to the dollar, but since the dollar is always falling, and the CB's gold reserves aren't, this makes the CB very comfortable
mircea_popescu: imagine all the stupid of wash dc done louder by stupider people. also in a swamp.
saifedean: but DC is the major league of stupid... the stupidest and scummiest of beirut and bucharest and everywhere else go to play in the majors in DC
mircea_popescu: and 10bn in remittances. lebanon is absolutely romania cca 1995.
HFSPLUS: how can i get rich off of bitcoin
saifedean: yeah, the debt is enormous, and the CB keeps the government on a tight leash with it... banks are all well-capitalized and keep rolling over the debt for the government... but the government can never go crazy and do 5-year-plans or giant infrastructure projects or whatever
saifedean: i lived in DC for a summer and interacted with the residents... my theory is that DC has collected every single shitty asshole/teacher-pet/snitch/scummy loser from every single high school in the world to go live there... no matter where you were in the world, if you were a terrible piece of shit in high school, you found a way to get to DC by age 30
saifedean: the lawyers are the best people in DC, and that says a lot
mircea_popescu: saifedean incidentally, being a snitch is a legal obligaiton for usians now.
mircea_popescu: i dunno... the "i'm not a snitch" thing floats to the point of "what is an american' in my head.
saifedean: i don't really understand how anyone could want to live in the US in this day and age... anybody who chooses to go live there is essentially an other-determined dweeb who cannot think for themselves and just follows what the tv tells them
assbot: Logged on 09-03-2015 18:20:42; ascii_field: lol re: new apple hardware released today being -slower- than previous
mircea_popescu: saifedean people generally have an inborn, deeply selected ability to only hear parts. so, through this approach "we pay you 10k in salary on the condition you spend no less than 11k a month" sounds like a good deal.
mircea_popescu: asciilifeform and unlike the nkvd, they didn't even have to twist anyone's arm to keep quiet.
saifedean: "and hey! When I exercise my god-given right to diabetes... Obamacare will be there for me"
mircea_popescu: i wonder if diabethes and gout will become punishable offenses in the us the way all sorts of "psychological" imagined stuff is.
mircea_popescu: they WERE in soviet russia after all, kulak's diseases.
mircea_popescu: asciilifeform so is this sheer incompetence, or is china ever so delicately strangling them ? "first, you get them made for free. then, you get them made for ten dolla, but you have to give us the blueprints. then, we only make them for you out of 2nd best items. and then... wait, you're still here ?!"
saifedean: my brother is in med school and today he reported to me that according to the latest DSM, 25% suffer from psychiatric disorders... won't be long before they get this up to 100%
mircea_popescu: i don't think the average smartphone user is smart enough to know what the cpu does.
mircea_popescu: asciilifeform that was a different generation of kids. that weren't mentally retarded.
saifedean: i should have said: "25% of americans suffer from..."
mircea_popescu: in the 70s, the occasional girl that went "i prefer older men" was kind of a freak. in the 90s, it was common enough. by now... i don't think any girl with options goes for boys her age. and so... there's your overclocking.
saifedean: if you want to go a little bit beyond TLP, try a man by the name of Jon Rappoport, and don't be intimidated by the cookiness... this guy was onto this stuff decades before TLP... and is far ahead
saifedean: dont think he's affiliated with icke or lizard people
saifedean: he also wrote a mind-blowin book called AIDS, Inc...
assbot: Logged on 09-03-2015 19:44:57; ascii_field: 'i counted, read the cards on the wreaths. said things like, 'from wife', 'from son', 'from mother-in-law' - but none said 'from vodka.' nobody died from vodka.'