asciilifeform: (ftr there was nothing detectably wrong with sov soap)
mircea_popescu: yes, americans are poor and getting poorer. yes the Ministry of Packing Cattle Tighther has a solution.
mircea_popescu: in the sense that soviet soap was a start-up. "hey, it's this or not wash. what dove ?"
asciilifeform: the only market for x.
asciilifeform: airbnb (and 'uber' etc) might fit both holes, in that they are gunning for an 'ebay' position - that of being 'the market'
mircea_popescu: the difference being that businesses happen at the tip of a large pushing force, such as the airbnb scam pushed by paul graham-madoff, or such as "green energy" scam pushed by president bahamas-madoff. to be a start-up is exactly opposite to this, you're alone.
mircea_popescu: g anything but begging you to take their money ? here's a simple rule of thumb : if your start-up is not in this position where someone somewhere perceives he can't afford NOT to pay you, it's not a start-up. it might be a business idea, perhaps, but it can not be a start-up.
mircea_popescu: but anyway, back to castrato issues : "Waiting for customers, waiting for customers to make a decision, hoping a customer will say yes, waiting for the customer to sign the check after saying yes is a very long process. During this time, your company has to pay for expenses, costs and salaries." <<< jesus christ these people. why the fuck would you think a start-up is even a business at all if those customers are doin
mircea_popescu: which is why functioning brothels kill rape [actual rape].
mircea_popescu: no. it's that a lot of [actual] rapists have uncomfortably large penises, but also the oversexed traits to go with them
asciilifeform: (as seen in one of the sherlock holmes tales)
asciilifeform: mircea_popescu: seems unsurprising, sorta like the scratches on the keyhole of a lock owned by a drunk
mircea_popescu: oh. as in fat what, fat deposits on the penis ?!
mircea_popescu: here's a fun fact : about half the actual rapes (not hurr durr i'm on social media and bored) require a fourchette stitch.
asciilifeform: strangely there are, afaik, no obese penii
funkenstein_: saw you mention the genetic hurr durr earlier today :D
asciilifeform: (only a psychiatrist could possibly care, but there it is)
funkenstein_: liquidassets, if you have trouble finding any of the 10 books in the series let me know :)
mircea_popescu: so the shaman isn't ordering the clouds to cover the sun and sprout forth rain, but instead is commanding the crows to stop eating the cloud seeds so the clouds may spring forth etc ?
asciilifeform: mircea_popescu: incidentally a good bit of the 'startup' nonsense makes more sense when you realize that they weren't trying to get legit customers at all, but further chumps^H^H^H^H^Hinvestors
mircea_popescu: you know, the grub2 variety.
mircea_popescu: asciilifeform the goal in that line wouldn't be the same "make better code", just, find any holes.
mircea_popescu: here's a hint : if the woman's not willing to suck your cock to impress you on the first date, she's not gonna be willing to suck it three years in.
mircea_popescu: "We granted a lot of discounts to get customers on board. For the sake of signing new and more cyclic contracts afterwards. The contracts never happened." luller.
liquidassets: Thanks funkenstein_ I tried to dpaste it. the youtube must be an abridged version
mircea_popescu: in fairness tho, that node never sent txn (this is in the plan, eventually, to have a sort of dust-sender just to see what it does to memory)
mircea_popescu: some of which aren't even permanent (ie, subtle sorts of bugs, that only leak 100kb every other six hours once maybe, sorta thing)
mircea_popescu: asciilifeform i suspect that a lot of the leaks are chained
asciilifeform: the desired chart is where we get a ramp and an ~eternal~ mostly planar region
asciilifeform: unfortunately, the graph does not say very much - a node plugged into a slow pipe will look quite like the green chart
mod6: <+jurov> http://www.explo.yt/memgraph-fs8.png ;) << aha! ok, yeah, looks like you're on the trail of something there.
mod6: <+jurov> mod6 asciilifeform yes putting it together but it needs good writeup << awesome, thx.
funkenstein_: 14:30:56 mircea_popescu: is there a transcript ? <-- just so happens there is http://frass.woodcoin.org/the-four-enemies-of-knowledge/
mircea_popescu: liquidassets bitchiness in females is an unerring honest signal that the male they're paired with is short testosterone.
jurov: mod6 asciilifeform yes putting it together but it needs good writeup
mircea_popescu: asciilifeform you will notice this is a desperation play (or, conversely, the result of decay)
assbot: Logged on 18-12-2015 13:31:51; mircea_popescu: the same exact process used in "policing" the ghetto, at the taxpayer's expense but in the usg's own private benefit is also what the us military does abroad. the point isn't for iraq to functyion or not, the point is for there to not exist any gaddafi's. let the euros deal with the fallout, what, that's what the castrated suckers are there for anyway.
asciilifeform: http://log.bitcoin-assets.com/?date=18-12-2015#1346307 << this is brzezinski's controlled chaos (tm). but of course dates to the ancients.
mircea_popescu: in muich the same way cancer patient loves cancer
liquidassets: But exactly was my point with her. She wanted it 'just in the bedroom' and eventually it got to be, well, what's this thought that your life DOESN"T reflect it...
asciilifeform: in much the same way as a hunter loves deer
mircea_popescu: asciilifeform i think the love and hate part are mixed in about even proportions
assbot: Logged on 18-12-2015 13:30:29; mircea_popescu: in this paradigm, it is not so important that there's mass theft or rape, just that there's no organized power behind it.
asciilifeform: http://log.bitcoin-assets.com/?date=18-12-2015#1346305 << the corollary of this is that usg luuuvvvs mass theft and rape SO LONG AS it is carried out by disorganized 'brownian motion' monkeys
mircea_popescu: "Barcelonas Mobile World Congress 2012: I remember seing nice pictures of nice cocktails and nice restaurants from the business developers; I remember seing lots of appointments with potential customers; I remember it ended up with no customer but a partnership; I still do not know the cost of the operation, even as a cofounder." awww.
mircea_popescu: morpheus : there is no bedroom.
liquidassets: And it really gets interesting when you move 'out of the bedroom' and into "real life"
mircea_popescu: "One of the failures was clearly the will to spend all the money rather than to spend it wisely. " << ehehehe.
liquidassets: Isn't that why you teach them though MP?
liquidassets: Not sure where I first found it/read it, it wasn't on the internet, but wasn't a book either...
liquidassets: The thing I linked?
liquidassets: Wheels turning...The only lease I have that I'm aware of is to myself
asciilifeform: rather than just cellphone crud
assbot: dpaste: 1S99HCV: The 4 Natural Enemies of a Man of Knowledge, by liquidassets ... ( http://bit.ly/1PdkNLn )
asciilifeform: https://cryptome.org/2015/12/cellphone-spy-equip.pdf << cryptome still alive ? and the document is misnamed, it is a long and lulzy spy radio / survey catalogue
mircea_popescu: holy shit the innovation...
mircea_popescu: "The dating continued a couple of times more: I was definitely attracted by the innovation of the product (mining and mapping networks of Web content)."
mircea_popescu: is there a transcript ?
assbot: Don Juan Matus -- The 4 natural enemies of a man of knowledge - YouTube ... ( http://bit.ly/1Yq0OcP )
mircea_popescu: me either ;/
mircea_popescu: did you ever find the time to look into jurov's BN_copy/operator= stuff ?
asciilifeform: it's been a year+ and we still leak motherfucking memory
asciilifeform: actually bucephalus for now will continue as is. dulap, on the other hand, will serve up fresh v+musl tonight.
mircea_popescu has set the goal at 30 days w/o oomkill on 16gb box, and even that took some engineering.
asciilifeform: whythefuq would i core
mircea_popescu: the destruction self-imposed blindness wreaks upon the lives of the wilfully blind is a pretty sad sight huh.
mircea_popescu: Even those miserable moments in January 2014, cycling through the icy rain to buy a single lemon, returning back to the dank cold warehouse, staring at the Dinnr backend, waiting in vain for orders to arrive."
mircea_popescu: "For these and other such moments, for the opportunity of having worked with a fabulous team and dedicated investors, it was worth doing it all.
mircea_popescu: asciilifeform "fiecare pasare pre limba ei piere" being the romanian expression.
mircea_popescu is vaguely pleased that the war of the worlds is actually played out in the central ideological core of those worlds in question.
mircea_popescu: it's stupid, but it's exactly in line with how usg is stupid, so no big surprises here. by all means, they should have 'em.
mircea_popescu: it looks like trying to suck all the imbecile "talent"
assbot: Logged on 18-12-2015 13:15:12; mircea_popescu: and so now they gotta make this forced mistake. all the better.
asciilifeform: http://log.bitcoin-assets.com/?date=18-12-2015#1346286 << from the linked turd looks rather more like an altcoin than a fork
mircea_popescu: right-o. because the one thing we're truly committed to, beyond anything and everything else, is that there MUST NOT BE any god in the god damned machine. what if there were and he started spewing death warrants and whatnot! no, no, gimme lukewarm mediocrity as a prior and let's see how well i do!
mircea_popescu: "No Deus ex Machina will come and challenge you in the right spots. This is why you got your own experience, both theoretical (those startup books DO help!) and practical for. You have to do it yourself."
mircea_popescu: what the everloving fuck is wrong with people already.
mircea_popescu: motherfucker. "this stupid shit i did never works - clearly i must do more of it. surely if 5 grand worth of advertising is a waste, 5 mn is just the ticket. obviously every article in every "media outlet" i ever read that fell within my field of competence was below stupid, but clearly the way to inform oneself is to read more fishwraps."
mircea_popescu: "Having such detailed feedback wouldnt require diving into the data, but having someone spend an hour stress-testing my thinking and assumptions would have been gold dust and could have prevented a lot of effort wasted. Im sure Id have gotten that had Dinnr been accepted into accelerator programmes such as Seedcamp, TechStars or Wayra. But absent a full-time co-founder, we werent eligible for the former two
mircea_popescu: https://cdn-images-1.medium.com/max/800/1*wPLU7gDCteixEADV8NuZwQ.png << if there's a cartoon that captures this place...
mircea_popescu: "oh, i've went to all the witch doctors i could find, none of them knew anything" "have you tried the hospital ?" "wut"
mircea_popescu: "Although I would say that I am reasonably well connected, have many startup CEO friends, go to events and am regularly speaking to mentors, no one ever sat down with me and systematically challenged me about the Dinnr concept."
mircea_popescu: and the chief instrument of this picking is "raising awareness". do you care that random IT offed another random IT ? no, because "hey, we only off each other". but maybe you should! if you were to care, how many wonderful things would become possible - none of which wonderful for you.
mircea_popescu: between mob-run ny, which functions smoothly and is culturally relevant and ghetto-choked baltimore, which does not function and is culturally irrelevant, the usg will pick the second every time.
mircea_popescu: the same exact process used in "policing" the ghetto, at the taxpayer's expense but in the usg's own private benefit is also what the us military does abroad. the point isn't for iraq to functyion or not, the point is for there to not exist any gaddafi's. let the euros deal with the fallout, what, that's what the castrated suckers are there for anyway.
mircea_popescu: obviouisly if there WERE such a power, the actual damage actual working people suffered would be minimal, but this is at no point a consideration.
mircea_popescu: in this paradigm, it is not so important that there's mass theft or rape, just that there's no organized power behind it.
assbot: Logged on 18-12-2015 05:46:20; trinque: I begin to believe they're just targeting the intelligent outright as a matter of.. what do you call it... full spectrum domination?
mircea_popescu: http://log.bitcoin-assets.com/?date=18-12-2015#1346223 << this is exactly correct, by the way. either the recent lafond piece or else your own familiarity with the ghetto will readily inform you that police activity is not directed at preventing theft or damage, but simply at preventing the emergence of large or powerful organisations that might in any way or to any degree challenge the sovereignity of the usg itself.
assbot: Logged on 18-12-2015 05:44:38; *: trinque wonders if they can form sentences well enough in congress to actually write a law remotely related
mircea_popescu: http://log.bitcoin-assets.com/?date=18-12-2015#1346221 << seems the process they settled on is to write many thousands of pages, not as much on the theory that hey, eventually something in there will close (much like the random-wiring approach to making cpus), but moreover on the theory that then they can ACT as if it did, and you're welcome to challenge heh heh.
assbot: Logged on 18-12-2015 05:40:17; asciilifeform: the 'multi-sig' idiocy is clinton's key escrow plain and simple
mircea_popescu reviewed them in 2012. the answer was, come to think of it, very much like monero's. (oh hurr durr we're visionarily important and lalaal). so i decided to give them all the time they could possibly need to figure shit out and well...
assbot: Logged on 18-12-2015 05:35:52; punkman: OpenTransactions really missed out on selling to all these derps
mircea_popescu: http://log.bitcoin-assets.com/?date=18-12-2015#1346203 << as far as the eventual tmsr freisler is concerned, absolutely it is. otherwise, it's just stupidity. "oh, nothing bad could ever happen to me i'm just researching". yeah, right. that is TOTALLY how it works.
mircea_popescu: time for the irresponsible, delusionally-secure "coders" to figure out they live in a world, and whether they're interested in this aspect or not is perfectly irrelevant.
mircea_popescu: ditch the idiots and come here on his own fucking motor power. i'm not going to ask him anything, the most i might do is nod.
mircea_popescu: the war was getting expanded to "linux" anyway. fuck them and their stupid foundation, and torvalds can do exactly what sipa could have done : http://log.bitcoin-assets.com//?date=29-05-2015#1147837
mircea_popescu: lo and behold, the log that nobody reads changes the world. it's not a matter of http://log.bitcoin-assets.com/?date=18-12-2015#1346189 ; it's a matter of "that asshole already said something, either we move now or we're fucked, at least if history is any guide. it is."
assbot: Logged on 01-10-2015 08:53:51; mircea_popescu: if this keeps up ima have to fork the pisschain.
assbot: Logged on 28-11-2015 16:33:08; mircea_popescu: anyway, my data seems to suggest that the enemy will be pushing a fork before the decade's out. whether we at that time have a counterfork ready or not is pretty much what decides the fate of the free world.
mircea_popescu: all these original thinkers, it's a fascinating world.
mircea_popescu: "Patrick Byrne has been worried that the big Wall Street banks would circle the wagons, creating tech that locks everyone else out. << ever since reading all about it on trilema hurr durr.
mircea_popescu: now get out of the way before you gotta bleed for it.
assbot: Logged on 18-12-2015 05:20:48; punkman: "“The current blockchain is a great design pattern,” says Jerry Cuomo, vice president and chief technology officer of IBM’s software group. “Now, how do we make that real for business?"
mircea_popescu: (if you have two genders and gender dysmorphisms, for any objective measure you'll have one gender closer and the other further, no matter what.)
mircea_popescu: the real driver is that the USG is much more adequate to governing robots than people. that women are more robot-like than men is just biological happenstance
mircea_popescu: the real driver isn't that USG wants to favour women over men.
mircea_popescu: now we finally understand the deep driver behind the "it's ok to be fat in the subway, it's not ok to sit comfortably. eating doesn't cause obesity, it's genetic, notwithstanding no single "genetic" obese dude in all those auschwitz pics ; meanwhile smoking causes cancer, it's not genetic and it's especially not the sad result of all the crap industry puts in the tobacco and also mark twain didn't smoke two railcars' w
assbot: Logged on 18-12-2015 04:59:51; renart: 2x the human accident rate
mircea_popescu: they're actually a pretty good study into "what not to do".
assbot: Logged on 18-12-2015 04:27:41; asciilifeform: as in, not only did folks get $15k or whatever creditcard-level investment for, what, 20% cut, but had to ~live~ in the compound
BingoBoingo: "I wish the devs were as active as they were in beta. Things got out of hand one time and all active players, save two, were permabanned over the course of a 40 day ban spree. The two remaining players survived due to a workaround and built the community back up."
trinque: I begin to believe they're just targeting the intelligent outright as a matter of.. what do you call it... full spectrum domination?
asciilifeform: trinque: this brought to you by the ministry-of-let'em-think-they-haven't-been-owned-yet
trinque wonders if they can form sentences well enough in congress to actually write a law remotely related
trinque: speaking of clinton's day, the "ban that encryption stuff" grows to a dull roar lately in the media.
punkman: bitcoin vouchers will have their uses
asciilifeform: and notice the implicit attempt to paint actual bitcoin as non-'theft-proof' and non-'fraud-proof'
asciilifeform: the 'multi-sig' idiocy is clinton's key escrow plain and simple
asciilifeform: Users can store their funds securely in our innovative and unique multisig voting pools, enabling users to perform fast, low cost, off-blockchain transactions, without having to trust anyone to hold the money! With theft-proof funds and fraud-proof receipts, our platform is the only acceptable solution ...' << wai wat
punkman: but they didn't have "blockchain"
punkman: OpenTransactions really missed out on selling to all these derps
asciilifeform: 'The Linux Foundation and Linux Standard Base are trademarks of The Linux Foundation. Linux is a trademark of Linus Torvalds.' << how the fuq does this work
punkman: https://www.ibm.com/developerworks/community/blogs/gcuomo/entry/The_Force_of_Blockchain_Awakens?lang=en check out the cross promotion :P
asciilifeform: 'The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today announced a new collaborative effort to advance the popular blockchain technology. The project will develop an enterprise grade, open source distributed ledger framework and free developers to focus on building robust, industry-specific applications, platforms and hardware systems to support business transactions. Early commit
punkman: "Patrick Byrne has been worried that the big Wall Street banks would “circle the wagons,” creating tech that locks everyone else out. But because IBM’s new project is open source—because anyone can use it and contribute to it—he’s pleased. He believes in more than a single technology. He believes in a big idea. “I’m not wed to bitcoin’s blockchain,” he says. “I’m blockchain agnostic.”
punkman: "“The current blockchain is a great design pattern,” says Jerry Cuomo, vice president and chief technology officer of IBM’s software group. “Now, how do we make that real for business?"
punkman: "Overseen by the not-for-profit Linux Foundation"
assbot: Let’s See: The Red Stuff or the Green Stuff? | In the Pipeline ... ( http://bit.ly/1JfLYic )
BingoBoingo: http://blogs.sciencemag.org/pipeline/archives/2015/12/15/lets-see-the-red-stuff-or-the-green-stuff
renart: Google is working to make the vehicles more aggressive like humans << were it not for drag-induced inefficiencies this'd result in 80 MPH highways the typical "$500 dollar car" owner'd not be able to cope with, much less get insured to drive on
renart: just like ubuntu, totally adequate for 94% of use cases, and entirely inadequate for the remaining 6%
renart: 2x the human accident rate
gribble: The operation succeeded.
mod6: IPs on wiki.bitcoin-assets.com/the_real_bitcoin/nodes are up-to-date right?
mod6: thx for the heads up
asciilifeform: as in, not only did folks get $15k or whatever creditcard-level investment for, what, 20% cut, but had to ~live~ in the compound
mircea_popescu: so intel reports that medium.com is headquartered at 760 market st, sf. just like "dropbox" and pretty much every other ycombinator scam / "entreprenize" to date. so therefore "why are all these derps with failed 'business ideas', 0 experience, 0 awareness, 0 clue on medium.com ?" "oh, because ycombinator told them to".
mircea_popescu: you hung around shitty office space and derped on the internet. learned ~nothing.
mircea_popescu: dude... get the fuck out already.
mircea_popescu: "Weve spent last few years building Wishberg as a default destination for users to share their wishes & discover more interesting wishes from people around the world - things to do, things to buy, travel, adventure, experiences and so much more. The journey has been beautiful, exhilarating, exciting with lots of learning for all of us."
mircea_popescu: i guess it boggles his mind because it makes a point he doesn't wish to hear. anyway, race has exactrly nothing to do with it : woman can either be my slave, out to carve your empire into the dust, or one of the empire's own aspirationally-vacuous wastes of flesh, brigading social media so that maybe it has some effect on reality.
mircea_popescu: "Women, white and black, who do not qualify for management, are usually not worth anything on the staff, and generally steal at about 20%, with lower paid working black girls less than half as likely to steal as their management counterparts, and white girls on staff infinitely more larcenous than the white girls in management. I wont even try and explain this, as it boggles my mind." it doesn't boggle my mind any.
mircea_popescu: "Black female managers are rarely effective and steal at 50%fully half of the ones I have worked with being confirmed thieves." << lioness hunting for the clan as opposed to the ball busting harpy gioving herself and everyone else aneurisms. makes sense, huh.
mircea_popescu: "White female managers usually end up with nervous breakdowns and are not as effective as men, but are 100% loyal and never steal, ever. This is the backbone of any retail food staff, white chicks. Work her until she breaks and get another."
asciilifeform: and probably not that either.
mircea_popescu perceives absolutely no value in any of these. last i had any interest, it was a winamp install. 20 years ago or so ?
asciilifeform: no reason other than previous link being a similar thing
mircea_popescu: why the fuck would i care.
asciilifeform: (resembled 'pandora', but was ~searchable~ - just type in the name of whatever, song, band, etc. and it plays. no ads. no business model...)
mircea_popescu: asciilifeform this is particularly a difficult industry for me because i never listen to the radio ; i never commute ; if i do i use a towncar and have live people to talk to ; etc.
asciilifeform: and iirc the owner offed himself
asciilifeform: related, 'grooveshark' (similar) was in the corpse list
mircea_popescu: no marketing was involved. lizard king of ustardia threw the dart, picked one that gets the free shit for free
asciilifeform: the truck-fucker
renart: mircea_popescu: i don't think http://www.theverge.com/2015/11/17/9750890/rdio-shutdown-pandora made it to your shartup postmortem list
mircea_popescu: What is more, this lady has poor impulse control, exasperated by her once a month windfall, << exacerbated, exasperated, what the hells the difference!
mircea_popescu: he'd have to wear the fancy hat, too.
mircea_popescu: no. it is not possible to hire nonstupid people. the very definition of hiring includes "i am too dumb to live"
mircea_popescu: unless classee IS PAYING YOU, like the fucking tsarist nobility was being paid by the fucking tsar to participate,
mircea_popescu: and yes asciilifeform, part of why mp is not hiring is that mp despises how stupid people actually are, and can't seriously work with the sort of idiots.
mircea_popescu: 28.75 is just below one, makes him feel like he's fucking lucky to get there.
mircea_popescu: the more important thing is the issue of [stupid] brains and thresholds. 30 is just above one, makes him feel like he's worth more.
mircea_popescu: "There is no requirement to buy ten, but raising retails from 89-cents to 10 for $10 increases sales from a case to a pallet on most items, when you have the right customer base..." << which reminds me of a point i wanted to make. yo ben_vulpes it's pretty dumb to offer grunt 30. offer 28.75. for one thing, it makes it look like real thought went into all that precision, and the sort of dickless imbecile he is will spe
asciilifeform: sov institutions are not any different by virtue of being lifted up and dropped on other side of atlantic
mircea_popescu: "Basically, supermarkets just provide local jobs. The CEOs of grocery chains are among the lowest paid of their kind." << exactly. government clerks.
mircea_popescu: but yeah, the supermarket model is on its way out - and thanks fucking god. it was stupid.
mircea_popescu: e her tits melt in the kitchen, did you?" <<< aaactually... yes, i did.
mircea_popescu: "Supermarkets cannot stay open in extensive urban ghettos for multiple reasons. It might also surprise you to know that supermarkets that do not embrace a catering/restaurant program [which is expensive] do not thrive in upscale locales. You might be able to keep the doors openbut forget a profit. People with money make their food purchases at restaurants. You didn't buy that stunning piece of plastic surgery to hav
asciilifeform: shiva has many arms but they're only good at lifting massless things
asciilifeform: trying to inhabit a mircea_popescu gedankenexperiment is rather like trying to fly a martian ship with cockpit built for a man with seven arms
assbot: Logged on 15-12-2015 19:39:41; ascii_field: well i'd happily move if i were 1337 enough to take the gradient, rather than BE the fuel
asciilifeform: the thing about living there is http://log.bitcoin-assets.com//?date=15-12-2015#1343796 . it'd be spiffy except that i'm an instant candidate to ~join~ the folks selling their flats to buy food
asciilifeform: but an edge that is bigger than the financial edge chinese gov has over a usaschwitz peon ?
mircea_popescu: living there gives you an edge.
mircea_popescu: <asciilifeform> but i don't get how living there gives you an edge << obviously you never lived in new york. ask mike_c
BingoBoingo: Have to be there to be first with rifle on scene
asciilifeform: but i don't get how living there gives you an edge
mircea_popescu: similarly, there is not such a thing as "what it takes TO bed beautiful women".
mircea_popescu: asciilifeform there is no such thing as "a price tag". this is an ex-post-facto calculation.
assbot: Logged on 17-12-2015 23:48:37; BingoBoingo: Murican Poverty: "Big Mamma is your ideal customer. Yes, she might eat an entire rotisserie chicken while her children devour a box of snacks. But not only will I look the other way, Im willing to pay some retarded white guy $10 an hour to clean up her mess. She is the cash bomb. No customer, not Bill Gates or the Dyke Queen of West Germany spends as much money on retail food as Big Mamma. This is not
mircea_popescu: but otherwise... no. you ain't got an angle.
asciilifeform: but at any rate it won't be me or renart or any other wage worker
mircea_popescu: american speculators will get fucked in the ass, publicly, and write their senator to complain
mircea_popescu: what hruschev wanted to make of ukraina IS actually what the brits made of argentina.
asciilifeform: though didn't they have an episode in 2001
mircea_popescu: but when they discover they can't afford both underwear AND stockings, THAT is wqhen the stupid women running the show start getting open plam slapped across the diner table.
asciilifeform: and sell the flats for a week's meal
asciilifeform: they gotta starve
mircea_popescu: and it will unwind. it must, currently everyone here thinks themselves MUCHricher than they are.
mircea_popescu: it wouldn't do anything. the glut that has to unwind is rela estate, not cash.
asciilifeform: seems like just what the doctor ordered tho
mircea_popescu: the russkis are dumb, but not proud.
assbot: Logged on 18-12-2015 02:16:41; mircea_popescu: NEVERTHELESS : in argentina, because of the immense real estate bezzle, and a 50 to 150 bn worth of inexistent real estate value that is looking to evaporate,
mircea_popescu: i would estimate liberalization takes the peso to 25ish. that's 30% up not 40% down.
mircea_popescu: NEVERTHELESS : in argentina, because of the immense real estate bezzle, and a 50 to 150 bn worth of inexistent real estate value that is looking to evaporate,
mircea_popescu: (this was counterintuitive to the grunts doing money changing in the street, we had a good laugh over steaks about it, when discussing venezuela's plans to the same thing. after it played out they decided i was a god. because hey, why admit you were wrong when you could think the guy who's right is simply supernatural)
mircea_popescu: this is why it's always a good idea to liberalize : the price on the black market ALWAYS drops as a result.
mircea_popescu: should the damned thing liberalize the new price would be 1.1 bn dollars matching 10.5bn pesos, or roughly speaking... 10. a 40% drop from it's black market rate of 16.
mircea_popescu: specifically : if say peasants sell 1bn dollars worth of soy, and get 9bn pesos for it ; whereas dumbass middle aged women spend 100mn dollars on shoes and perfumes because they don't wish to admit to me they're subhuman, for which they pay 1.5bn pesos,
mircea_popescu: new government decided this nonsense can't caqrry on, and wants to liberalize the dollar. this, logically, would make the price drop.
mircea_popescu: now, the scam they had going was that they were paying the farmers 9 pesos to the dollar they got for the soy. because farmers are hostage, what are they gonna do, buy their own tanks ?
mircea_popescu: meanwhile, the contact points with the outside economy are controlled as well as they can be (they can't be - most of the local trade is in the hands of the chinese, who own the proud but stupid argentine. whenever i want to move dollars, or to dispose of any other actyual economic or poltiical matters, i talk to an asian person. no exceptions. i wouldn't break a date with han because macri called, sort of thing)
mircea_popescu: instead, it mostly went into a game of real estate musical chairs. everyone in buenos aires is a lawyer though nobody practices , and everyone owns property, which they keep trading to each other at ridiculous valuations.
mircea_popescu: because the stupidity of a typical argentine is only matched by his pretentiousness, this worthless paper issue did not result in much devaluation of the currency
mircea_popescu: the government has for many years run it very badly. specifically, instead of borrowing in europe and then pumping those resources into development in the huge provinces (argentina is much larger than europe), it borrowed in europe, squandered most of it for supporting the pretense of dumbass, worthless middleaged women, and a tiny sliver on buying cheap food for poor people to turn out the vote.
mircea_popescu: so : argentina has many problems, economically, all of which reduce to "it's a country of 40mn useless douches, of which ~10 mn pretend to live like they saw in various imported tv shows, while the country is unfit to even export raw meat, so it lost those contracts and is now exporting soy"
assbot: Logged on 17-12-2015 23:24:37; pete_dushenski: " Argentina's peso plunged more than 26.5 percent on Thursday, after the country's new government floated the currency as part of a slew of free-market reforms aimed at revitalizing the stagnant economy."
assbot: Logged on 17-12-2015 22:50:33; adlai: fwiw treaded vehicles (military or otherwise) routinely get trucked to the scene
mircea_popescu: tanks are only useful if not used. they're the police equivalent of nuclear weapons.
punkman: or maybe you come out with the tank first
mircea_popescu: until they don't.
mircea_popescu: it's a fucking convention. the notion that you walk in and it's yours is neither falser nor truerer than the notion you say hi to a girl and she takes you to her place.
asciilifeform: 'Its not surprising to me that people publish stuff on the Internet. Its surprising to me that people are reading that and assuming its true. The notion that you can just break into a house and pay a cable bill or two and somehow establish a right of ownership that is false, said Loeffler.' << lulzy, reminiscent of mircea_popescu's 'sovereign citizen' article
assbot: Logged on 17-12-2015 22:25:37; ascii_field: tibet - originally a theocratic hellhole that makes medival catholicism look tolerant and economically +ev - is today a usg-maintained 'antichina'
mircea_popescu: http://log.bitcoin-assets.com/?date=17-12-2015#1345698 << is #b-a a theocratic hellhole by the same standard ?
mircea_popescu: well... they got a manual.
asciilifeform: 'i would if i could motherfuckerz'
punkman: right off the internets!
assbot: Squatters getting tips on occupying vacant homes right off the Internet | Q13 FOX News ... ( http://bit.ly/1IXyFZ0 )
asciilifeform: the one with riiiighttzzzz!!111
asciilifeform: aha recall kakobrekla's thread re: the burglar ?