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asciilifeform: quite convinced of it." VJ replied, "good for that - when do they think you've sold?" and Ulbricht responded, "about a month ago." 3 Based on my training and experience, and my familiarity with this investigation, I believe that during this conversation, Ulbricht disclosed that he had told two people of his connection to Silk Road, but had lied to them by claiming that he had sold Silk Road to someone else.'
asciilifeform: e.g., 'During the same chat, VJ asked Ulbricht, in sum and substance, whether Ulbricht had disclosed to anyone in real life that he was involved in Silk Road: "IRL - is there anyone with a clue at all? Girlfriend, boyfriend, bunny you talk to, online buddy's who you've know for years? Gramma, priest, rabbi, stripper?" Ulbricht responded, "unfortunately yes. They are two, but they think I sold the site and got out. and they are
asciilifeform: which is to say, how it is difficult to escape the feeling that all of these schmucks are on trial for ~being stupid~
asciilifeform reading the unsealed 'variety jones' indictment, and thinking about precisely this
mircea_popescu: it'd have been expensive if they were you. but they're them, and so... they just put it in singapore!
asciilifeform: pretty expensive for the folks who insisted on playing the 'lose half yer money in 3 mo.' game with live-fire btc
mircea_popescu: there's no objective valuation of labels, or more properly said there can in principle exist no metric for the set of labels. and consequently, what difference does it make.
mircea_popescu: well, it's an inside joke. but broadly speaking the idea is, that the fruit of "civilisation" is the sort of derp who has no ability ot interact with, and no actual interest in reality. 100% dedicated to labels. so... he put bitcoin "into singapore".
mircea_popescu: one could say a cock-eyed optimist that got mixed up in the high stakes game of world diplomacy and international intrigue
asciilifeform: 'bitcoins and put them into a seychelles trust'
asciilifeform: 'Craig Wright had mined a lot of Bitcoins. Craig then took the Bitcoins and put them into a Seychelles Trust. A bit of it was also put into Singapore. This was run out of an entity from the UK. Craig had gotten approximately 1.1 million Bitcoins.' << on what planet does this make the most elementary kind of sense ?!!
mircea_popescu: does a book of the month club or something.
mircea_popescu: the fat black woman
asciilifeform: what in satan's green earth is the point of all of this claptrap.
asciilifeform: the one thing which i utterly fail to grasp is,
asciilifeform: 'Craig Wright is not modest. On the website of Panopticrypt, one of his many companies, Wright describes himself as “certifiably the world’s foremost IT security expert.”'
mircea_popescu: "by Taboola Sponsored Links " da fuck, this nonsense model of "advertising" took over the dead media to the point it's even on ap now, but always a different name
mircea_popescu: <asciilifeform> ^ from horse's mouth. <<< guy's so painfully obvious it's scarcely worth the notice.
assbot: News from The Associated Press ... ( http://bit.ly/1HTL28d )
asciilifeform: thought the whole thing stinks of yudkowskyism
BingoBoingo: shinohai: Having ALL the glory is bad for my sobriety. I have to allow others to share in it.
asciilifeform: and if you add the detail where satoshi is only even theoretically interesting to anyone today because he could move coinz...
BingoBoingo: asciilifeform: Yes, he absolutely can't be Satoshi N. because the isn't moving coins and want people ot think he is.
BingoBoingo: same thread: "Not as much as it would be if you checked out the www tree from CVS :-)" https://marc.info/?l=openbsd-misc&m=144961871622930&w=2
asciilifeform: nd because of its cheap geothermal power.' << aaaaand dingdingding we're done
asciilifeform: 'The first of those supercomputers he named Sukuriputo Okane—Japanese for “script money.” Another, named Co1n, holds the title of the world’s most powerful privately owned supercomputer. As Wright told the Bitcoin Investor’s conference, he’s applying that second machine towards the mysterious task of “modeling Bitcoin’s scalability,” and meanwhile building an even more powerful supercomputing cluster in Icela
BingoBoingo: https://marc.info/?l=openbsd-misc&m=144960637518617&w=2 << "But we don't care about any of those people anymore. The NSA is the only bad guy worth caring about...."
asciilifeform: move the motherfucking coinz or shuddup.
asciilifeform: ming “cryptocurrency paper” and “triple entry accounting” were added sometime after 2013. Even the post noting bitcoin’s beta launch is questionable. While it was ostensibly posted in January 2009, it later seems to have been deleted and then undeleted—or possibly even written for the first time—sometime between October 2013 and June of 2014.'
asciilifeform: 'All of it could be an elaborate hoax—perhaps orchestrated by Wright himself. The unverified leaked documents could be faked in whole or in part. And most inexplicably of all, comparisons of different archived versions of the three smoking gun posts from Wright’s blog show that he did edit all three—to insert evidence of his bitcoin history. The PGP key associated with Nakamoto’s email address and references to an upco
asciilifeform: (almost edging on believable, if any of the 'leaked paperz' were actually available, and if there were any reason to believe in their authenticity)
BingoBoingo: shinohai: I'd appreciate it if when you find these thing you'd make a quick qntra of it.
mircea_popescu: can anyone even distinguish the seams ?
mircea_popescu: gets in line and it's going to be delayed by anyone that puts into that tube enormous amounts of material, enormous amounts of material. We've got to maybe do something with the Internet because they're recruiting by the thousands, they're leaving our country, and then when they come back, we take them back.
mircea_popescu: They want to deliver vast amounts of information over the Internet. And again, the Internet is not something that you just dump something on. Somebody will say, 'Oh, freedom of speech, freedom of speech.' It's not a big truck. It's a series of tubes. These are foolish people, we have a lot of foolish people. And if you don't understand, those tubes can be filled and if they are filled, when you put your message in, it
mircea_popescu: The press has to be responsible; they're not being responsible. Ten movies streaming across that, that Internet, and what happens to your own personal Internet? We're losing a lot of people because of the Internet. I just the other day got… an Internet was sent by my staff at 10 o'clock in the morning on Friday. We have to see Bill Gates and a lot of different people who really understand what's happening and maybe,
mircea_popescu: this is the first time i actually read something by trump. i guess that shows about how much of a shit i give. nevertheless, it's almost as if they start with the same paste and then name it trump or stevens or whatever
mircea_popescu: who the fuck, ivanka ? who has kids and what are they watching.
mircea_popescu: "We have kids that are watching the Internet"
BingoBoingo: There it is
deedbot-: [Qntra] Trump Proposes "Closing Up the Internet" - http://qntra.net/2015/12/trump-proposes-closing-up-the-internet/
mircea_popescu: good god, they're still doing the "we found satoshi" thing ?
adlai: the beauty of bitcoin is that satoshi is a scammer, too
brg444: still some odd things in there
assbot: The case for the Salvation Army in downtown Edmonton. | Contravex: A blog by Pete Dushenski ... ( http://bit.ly/1Na88WV )
pete_dushenski: on the flip side, flipping bitpennies around will yield more and more local value... soon : rent !
pete_dushenski: "A day after setting a new 11-year low, the Canadian dollar sheds another half-cent and the TSX slides to a two-year low, as oil fails to rebound" << aaaand traveling just got a little more expensive.
pete_dushenski: now, either i'm not paying so much attention anymore (likely hypothesis) or all the i-esque bricks look the same in much the same way that a kia looks like a bmw (also likely)
assbot: The 10 Best Symbian Phones Ever - Nokia N95 (April 2007) - Slideshow from PCMag.com ... ( http://bit.ly/1RCPUQY )
pete_dushenski: http://www.pcmag.com/slideshow/story/307321/the-10-best-symbian-phones-ever/1 << makes me nostalgic for the days when phones looked ~different~ from one another. there was no question at that time, to a connoisseur, what brand and model you were sporting.
pete_dushenski: punkman: i always thought the nokia n95 was a nifty device, until 1st gen iphone appeared
gribble: The operation succeeded.
assbot: Desperately trying to put the “auto” back into automobile in a flaccid attempt to put the relevance back into motoring. | Contravex: A blog by Pete Dushenski ... ( http://bit.ly/1RCPFFw )
punkman: the symbian oldphones work fine
punkman: actually had one of those phones, was worse than the crappiest of the crapdroids
pete_dushenski: it starts out as 'a theory', spends a while being 'debated' in the press, and then is inevitably implemented, because how not ? have to DO something, neh ?
pete_dushenski: "Canada could theoretically follow the lead of other countries that have recently gone to negative interest rates in order to stimulate the economy, central bank governor Stephen Poloz told a business audience today after yet another drop in the loonie." << PLZ TO MOAR STIMULA7333 !!!1
mircea_popescu: heh... i wonder if the person could be persuaded to do a "fatties and bitcoin" corner ?
kakobrekla: brass, the year dunno. somewhere at the beginning of minting
mircea_popescu: you got the pedigree in question ?
kakobrekla: lets put it out there; will sell kako-owned 1 cas buttcoin for 1.5 buttcoin
kakobrekla: how much is the premium on kako-owned coins?
nubbins`: more of a passive thing these days. i've been trying to get a full set of silvers with pgp docs
mircea_popescu: there goes that thing. one of the very few actual businesses btc-comunity stumbled on.
nubbins` told doofuses to get em while they could, few listened
nubbins`: i hope this doesn't mean their readership is gonna end up here
nubbins`: cut me some slack, i'm essentially a luddite these days
mircea_popescu: and this has been laughed at for years here, yourself included, but nevertheless.
mircea_popescu: THEN you read something else, AND YOU BELIEVE IT.
mircea_popescu: so you read something in the newspaper, in a field you understand, it falls apart like shit in the sun.
mircea_popescu: <nubbins`> i was under the impression that kaspersky et al had snagged most of the decrypt keys? << ha-ha.
punkman: 600eur ransom, apparently knows other people that got infected and aren't paying either
BingoBoingo: <nubbins`> i was under the impression that kaspersky et al had snagged most of the decrypt keys? << For some pieces of ransomeware.
nubbins`: i was under the impression that kaspersky et al had snagged most of the decrypt keys?
BingoBoingo: Cutting edge tech: "Today, there is a B-52 pilot whose father and grandfather flew the plane."
nubbins`: these meeting minutes are fucking pathetic
nubbins`: Bruce also feels like there maybe some Foundation Bitcoin lost and floating around. Brock says there are some blockchain analytics companies, it may be worthwhile to have them look at the foundation wallets in case there is bitcoin missin
nubbins`: <+mircea_popescu> yeah, they remember being dinosaurs like i remember being lucy, the fatass african woman. << mp for someone who natively speaks a romance lang, you're not very romantic ;/
mircea_popescu: it's actually where i got the link.
mircea_popescu: in other lolnews, http://www.realitatea.net/sustinator-isis-retinut-la-craiova-este-acuzat-de-propaganda-jihadista_1845533.html << romanians have the same problems as the rest of the world! believe!
mircea_popescu: yeah, they remember being dinosaurs like i remember being lucy, the fatass african woman.
nubbins`: tbh i think they remember being dinosaurs, and they miss it.
mircea_popescu: maybe it sucks being a bird, with singing the unfortunate result of doomed attempts to scratch an overpowering itch one can't really touch
assbot: Logged on 08-12-2015 15:11:19; mircea_popescu: http://log.bitcoin-assets.com/?date=08-12-2015#1338710 << i dunno man, you're the missouri expert
BingoBoingo: http://log.bitcoin-assets.com/?date=08-12-2015#1338863 << Ah that. College in small nowhere town near the exact middle of no where had a derpy shooting threat.
mircea_popescu: also fortunately insects can't really afford the chemical costs of the only luminescence they got.
mircea_popescu: fortunately they're not too big, else you couldn't hear a thjing on earth.
assbot: Logged on 08-12-2015 16:23:33; asciilifeform: he is 'trying' in the same way bird 'tries' when sings
nubbins`: http://log.bitcoin-assets.com/?date=08-12-2015#1338948 << incidentally, we publish a psychedelic-dipped book of common local birds; my favourite illustration is the Black Guillemot, who is quite obviously being as loud as he fucking can, simply because he's a bird and it feels good to do so
mircea_popescu: anyway, the geniuses have a point : it's either morloch or eloi, and the latter's the definition of crime.
punkman: the british "fbi" or something, can't have been around long
punkman: "The way financial institutions file reports of suspicious transactions is in need of streamlining, the website Buzzfeed reported." ah check it out, buzzfeed getting the scoop on the telegraph
asciilifeform: the 'purpose' thing is sprayed on by foolish people, yes.
asciilifeform: he is 'trying' in the same way bird 'tries' when sings
mircea_popescu: yes, the behaviour has that effect. but the buck stotts because it can, not "so as to".
mircea_popescu: if you think the stotting buck is stotting "to impress the she-herd" you've spent a little too much time i nschool.
mircea_popescu: anyway, greenspun in this interpretation embodies the affliction, in how he falsely if conveniently paints a will-to-live in the terms of "impressing the group"
asciilifeform: this'd be possibly the one place where everybody eventually gets what he wants.
asciilifeform: it is entirely possible for an old (to a point) man to shoot better, take more physical punishment, run faster, even - than disposable cannon fodder. to a point. but the one thing that doesn't grow back is... WANTING TO. i.e. thinking that, in greenspun's words, 'the group is worth impressing' via suicidal stupidity
mircea_popescu: which is this, the cichlid thing ?
mircea_popescu: how the fuck did that work, supposedly kids are much better at playing videogames than older ppls. cuz of the reflexes and shit, right ?
mircea_popescu: the very notion that "i dun wanna compete with the young" is symptomatic. really, you've somehow digested the situation where you can't compete with the kids at kids stuff and this isn't making you wantr to kill yourself ?
asciilifeform: the timez, they changez
asciilifeform: but of a stereotype, sorta like the archetypical ss aryan
mircea_popescu: asciilifeform "asciilifeform> btw when i describe 'usg aryan' the picture meant is precisely the biography of herr bridges."
asciilifeform: esp. in the army.
assbot: Logged on 08-12-2015 15:44:01; mircea_popescu: it gets dumb white kids to throw away their lives on nonsense (while - and this is the amusing part - sniggering at the black kids who throw away their lives ON LESS nonsens-y nonsense.)
asciilifeform: http://log.bitcoin-assets.com/?date=08-12-2015#1338903 << as i understand, the usg bureaucracies are possibly the most 'multicoloured' of all usian orgs
assbot: Logged on 08-12-2015 15:43:29; mircea_popescu: asciilifeform yeah but the problem is that the fiction in question only exists as a sales ploy.
asciilifeform: http://log.bitcoin-assets.com/?date=08-12-2015#1338902 << didja miss the part where the phiction was written by the man's own counsel ?
thestringpuller: will be a lucrative listing, can't wait for the IPO
mircea_popescu: and yes, both of these are absolute bars to action. any kind of action whatsoever.
mircea_popescu: translates directly to a) you're not in the wot and b) you're a redditard.
mircea_popescu: y one man’s [Judas’s] conspiracy against another Man…"
mircea_popescu: ot thinking of the nation? What unity of thought is possible between us? Unity of thought presupposes firmness of belief from two directions. If we accept that my firmness of belief is proven by my past, then your firmness of belief perished forever in your activity as a provocateur. You already can never believe yourself. What conspiracy is possible in the absence of unity of thought and firmness of belief? Really onl
mircea_popescu: "1) Why did you choose me for communicating your secret? Am I really your unconditional fellow-thinker who can be entrusted with a secret? To be your fellow-thinker, I should have known all your intimate plans against the emigration, plans you are professionally obligated to have. How and by what means will you prove to me that you are speaking with me now not as a professional provocateur from the NKVD, but as a patri
mircea_popescu: anyway, that ilyia piece is not half bad. (i always liked the guy, as he passes the silences test). let's take the first paragraph :
mircea_popescu: by any self-coherent measure you could ever come up with, it's way the fuck better to live your life in the hood than in the bridges.
mircea_popescu: it gets dumb white kids to throw away their lives on nonsense (while - and this is the amusing part - sniggering at the black kids who throw away their lives ON LESS nonsens-y nonsense.)
mircea_popescu: asciilifeform yeah but the problem is that the fiction in question only exists as a sales ploy.
gribble: The operation succeeded.
mircea_popescu: "The History and Characteristics of the Mr. Bridges " ftw.
trinque: the part about him keeping the money in his fidelity account *so that he could return it* is pure gold
asciilifeform: 'pillar of the komyooooooniti'
asciilifeform: btw when i describe 'usg aryan' the picture meant is precisely the biography of herr bridges.
asciilifeform: http://log.bitcoin-assets.com/?date=08-12-2015#1338844 << every word of this is applicable in its entirety to modern stoolies and provocateurs, e.g., 'the_scourge' from last year
mircea_popescu: the memo is what interests me.
assbot: Logged on 04-08-2013 17:51:59; mircea_popescu: unfortunately for the usg, bitcoin is much larger than the united states ever could have been
mircea_popescu: ima qntra it, and part of the research is reading old logs, and in those old logs... http://log.bitcoin-assets.com/?date=04-08-2013#205619
mircea_popescu: what if they're white and male ?
mircea_popescu: "A sentence of 36 months’ imprisonment sufficiently reflects the seriousness of the offense, and at the same time takes into consideration Mr. Bridges’ prior life of accomplishment, commitment, sacrifice, and integrity, and in particular the contributions he has made to the law enforcement community. " <<< and by this novel take on the law, how many babies is it ok for obama to kill ? what if he also eats the carca
mircea_popescu: " Mr. Bridges will be punished harshly: imprisonment and crippling financial obligations, not because of the amount still owed, but because of Mr. Bridges’ loss of potential livelihood."
mircea_popescu: cheeeeck the shit out.
mircea_popescu: "Mr. Bridges stands before this Court as a man of exceptional professional accomplishment. Prior to his national disgrace, he was widely respected and well-liked by his professional colleagues and in the community. This proceeding marks the final chapter of a profound tragedy, for Mr. Bridges, his family, and his friends and community – and for the United States Secret Service, to which he devoted a large part of his
mircea_popescu: the extraordinary remorse of the sherriff of notthingham once richard showed up is truely nothing short of extraordinary.
mircea_popescu: variance from the advisory guidelines. "
mircea_popescu: amount does not correspond to any benefit to the defendant, it is appropriate to consider a
mircea_popescu: offender, has exhibited extraordinary remorse and commitment to his community, and the loss
mircea_popescu: would be appropriate in this case. In a case like this one, where the defendant, a first-time
mircea_popescu: advisory guidelines range suggests a term of imprisonment of 57 to 71 months, the factors set
mircea_popescu: having pled guilty to two charges relating to his theft of bitcoins. Although Mr. Bridges’s
mircea_popescu: "Shaun W. Bridges comes before the Court for sentencing on December 7, 2015, after
gribble: The operation succeeded.
assbot: Ivan Ilyin vs. the NKVD | Espionage History Archive ... ( http://bit.ly/1ONji6s )
BingoBoingo: https://archive.is/iip2Z << Are those buttplugs in the picture?
BingoBoingo: Honestly I dunno how an operation could dare call itself partial foods without getting the main ingredient from the shadiest looking supplier on ALiaba.com
BingoBoingo: Collagen, it's what people already use to pad their protein in testing now that they know doing that with melamine gets them caught when death follow
punkman: I don't see the margins, unless you can get dirt cheap whey. maybe another source of protein.
punkman: I got the idea of pistachio butter stuck in my head last few weeks though
BingoBoingo: <punkman> well you also get the bonus anal leakage with teh indiegestible lipids << It means at the gymp people will really think you are putting your all into your squats
punkman: well you also get the bonus anal leakage with teh indiegestible lipids
BingoBoingo: Prolly also add Theobromine for the habit forming
BingoBoingo: I bet it can. Anyways right now I'm thinking about the low calorie version with Olestra/Sefnose/Astroglide as the lipid
BingoBoingo: punkman: Depends where in the chain you buy it.
punkman: got the tests for the first olive batch yesterday, such disappoint
liquidassets: my god the lulz suddenly overcommeth
BingoBoingo: punkman: And yet who registered the better variant of the name
BingoBoingo: the tallow
liquidassets: BingoBoingo what is the Astroglide substituting the tallow or the whey?
BingoBoingo: Oh, apparently there is an industrial marketing of Olestra already
gribble: 2009 Designing Greener Chemicals Award | Green Chemistry | US ...: <http://www.epa.gov/greenchemistry/2009-designing-greener-chemicals-award>; Chempol MPS Wins the 2009 Presidential Green Chemistry ...: <http://news.pg.com/press-release/pg-corporate-announcements/chempol-mps-wins-2009-presidential-green-chemistry-challeng>; Procter and Gamble Chemicals - Wikipedia, the free (1 more message)
BingoBoingo: It's an idea. Something to bounce around. Can the envelope be pushed even further than it has and while doing it can the boundaries of "health" food be pushed further.
BingoBoingo: Or maybe try Olestra for the same purpose
liquidassets: wait wut? is partial food the 'cause'? or is there some reason for this ? lol
BingoBoingo: Anyways it would prolly be possible to sub a dietary fat with an indigestible silicone grease for a lower calorie variant, also to really emphasize the partial in partial foods.
BingoBoingo: If you wanna work put together some pieces for qntra. Otherwise you can play in your kitchen with whey protein and beef tallow to find a palatable but less hippie vegetarian alternative to peanut butter.
liquidassets: Anything BingoBoingo put me to work....I've been doing summaries of the logs for a few days but wasn't really ready to disclose that, had a few other questions for the core group here about what those summaries should look like
liquidassets: Is this something thats been swimming in the old noodle for awhile?
liquidassets: Impressive and inspiring enough for me to re-arrange my life and schedule to meet the demands of coming here each day
liquidassets: don't listen to me adlai, I'm just thinking outloud. What really impresses me is how much work is produced by the people in here.
adlai: of course there are better uses of my time, such as arguing on irc :P
adlai: my hypothesis is building tools that treat markets as positive-sum games makes the prophecy come true
liquidassets: IMO there's got to be better uses of your time than re-creating what we already have in bezzlelandia. Creating bots that trade DERIVATIVES of bitcoin this early introduces a layer of complexity prematurely IMO. But maybe someone more knowledgeable on the subject can correct me.
liquidassets: I assume the point would be to increase your btc or s.mpoe holdings but the assets themselves can't even be priced correctly for the foreseeable future
assbot: One Flew Over the Cuckoo's Nest At least I tried PL - YouTube ... ( http://bit.ly/1Ofnd7k )
adlai: the exact nature of the something varies across traders (and across time for each individual), but there's always https://www.youtube.com/watch?v=NuNVJ26oCKQ
adlai: liquidassets: but the simple answer to why people trade is because they get something out of it
adlai: "easier", assuming that you already know how to build and fly them
adlai: liquidassets: some own gold mines, some prefer to study geology, and others still prefer to wade into the river and filter the dust out themselves
assbot: Logged on 03-12-2015 16:38:47; pete_dushenski: i guess the pace of trading is part of the 'feeling' but that alone is not what makes trading s.mpoe worthwhile.
assbot: Logged on 03-12-2015 07:21:45; BingoBoingo: ;;later tell mircea_popescu toominimium threw a loller in your direction http://qntra.net/2015/08/concerns-for-the-toomim-brothers-mining/#comment-79924
asciilifeform: ^ afaik this is the first public ray of light re: nsa in the sr affair
asciilifeform: 'In 2014, Mr. Bridges was selected by the USSS HQ to serve as the first full-time agent to the National Security Agency. In this capacity, he represented the USSS in connection to investigations that had an international nexus or cyber security concerns.'
ben_vulpes: asciilifeform: i'd not waste the time.
ben_vulpes: most recently, swift failed to ship with an 'either' type
assbot: Logged on 06-12-2015 15:18:19; mircea_popescu: http://log.bitcoin-assets.com/?date=06-12-2015#1337214 << better than visual, that's for sure. ultrasound and radar works fine even at times the planes can't actually fly/land
assbot: Desperately trying to put the “auto” back into automobile in a flaccid attempt to put the relevance back into motoring. | Contravex: A blog by Pete Dushenski ... ( http://bit.ly/21Ljto3 )
ben_vulpes: http://www.contravex.com/2015/12/07/desperately-trying-to-put-the-auto-back-into-automobile-in-a-flaccid-attempt-to-put-the-relevance-back-into-motoring/ but don't mention lidar or radar to the guy, he won't get it, nor the timescale differences between extremely slow automobiles and extremely fast bugs http://log.bitcoin-assets.com//?date=06-12-2015#1337389
BingoBoingo: Well, something other than the log getting constipated
ascii_field: (quite likely some of the folks here- could.)
assbot: Logged on 07-12-2015 23:48:28; mircea_popescu: http://log.bitcoin-assets.com/?date=07-12-2015#1338550 << i thought they can't be sold :D
assbot: Logged on 07-12-2015 23:17:44; mircea_popescu: http://log.bitcoin-assets.com/?date=07-12-2015#1338086 << it's a good proxy for poverty. which is criminal, fundamentally and essentially criminal. there is no crime that doesn't both spawn from and reduces to "being poor".
BingoBoingo: http://log.bitcoin-assets.com/?date=07-12-2015#1338645 << Verily, because if not monetarily poor can afford rehab. Otherwise not poor of spirit/will can rehab before criminal justice system discovers other poverty.
jurov: they can be sold, but not by alf due to his shining aura of innocence
assbot: Logged on 07-12-2015 22:04:45; thestringpuller: How the fuck.
mircea_popescu: for this reason. the fundamental incentive to living anywhere is whether you can stick it to the middle class through this mechanism or not. if you can't, they can stew in their own juices and play mahjong or whatever the fuck they play, bingo.
mircea_popescu: and don't tell me "it ain't like that where i live". obviously it ain't, and you're an idiot for living there in the first place.
mircea_popescu: so at the end of each month i got a coupla grand to show for not having been an idiot ; the owner's got some bills.
mircea_popescu: on the other hand, if i were a fucktarded argentine borrowing for this, i'd owe ~2.5mn peso principal + 300k or so a year interest + whatever you figure the devaluation risk costs me. over a 30 year period (heh, you gonna work for 30 years ? srsly ?) this comes to at the very least 40k a month. that's just about 2750 dollars.
mircea_popescu: and if you want actual numbers, i just got a coupla girlies an apt. the sale value would have been i guess 160-170k or so. the monthly rent is 750. the first month, the washing machine went, and the owner replaced it. the next month, ac went (brother was that an incredible pos job wow), owner replaced it. so far owner's been making 0 from his property.
assbot: Logged on 07-12-2015 19:52:37; nubbins`: put another way, let's say you rent for a year. at the end of the year, what do you have to show for it?
mircea_popescu: trinque leaves no one no way out, either.
mircea_popescu: that may be the hit of the century, guys bought the shit at 1.5 cents to the dollar, may well see full repayment a decade later.
trinque: I see. My line of thinking was that "this expediates the decay of those already rotting, and so what?"
assbot: Logged on 07-12-2015 17:33:37; pete_dushenski: "There's about €3bn of London Club debt "trading" at 15 cents of par last time I checked. If you find Argentine bonds just not exotic enough" << everyone's an investor eh. p2p lending is da footoor !
mircea_popescu: obama won, on the same ticket. what if instead of "obamacare" they could have peddled "free heroin!!1 these mean people want to take it away!"
mircea_popescu: but no, they want them here, living in bidonvilles "en la capital", so they keep voting peronistas in exchange for a little flour, so the peronistas can go to europe and borrow "to develop argentina" and then spend to... fuck up argentina.
mircea_popescu: this country is roughly in the situation of the us cca 1815, with one major difference : buenos aires is their new york, yes, the port. but in argentina, 20 of 40 mn live in the port. that's half. in the us, less than 5% lived in the port. the rest went the fuck to ohio and built a farm.
mircea_popescu: figure it out, old whore de kirschner and her dumbass puddel scioli figured they'd stay in power on the votes of the poor. the very same fducking poor they prevented from having a life. and it blew up. if only they had meth and heroin on their side!
trinque ought to have considered the effectiveness of prohibition, and not simply the idea of it.
mircea_popescu: what's the cost of a blowjob to the miner with a sackful of gold dust ?
mircea_popescu: they have it, see ?
trinque: and so the price is because, simply, they will pay it, as the product causes them to compulsively go after the product
mircea_popescu: for all they cared, cow can sit in shit up to the belly and get more antibiotics.
mircea_popescu: perhaps even feed the employees the previous employees. god knows they did it to the cows, and only stopped because WE complained. not because the cows complained.
mircea_popescu: the choices you have before you are the choices you have before you, not the choices you wish to have before you.
mircea_popescu: so my point is, to sum it up : that the prohibition of the drug trade has nothing to do with economics. it is a purely political choice, of trying to enact equality between the poor and the rest. this desperate, doomed nonsense may be ineffectual, painful, difficult, costly or what else have you, boring, whatever. it is nevertheless the ONLY thing that keeps the average lifespan of the not-us from being ~24 ; and the f
assbot: Logged on 07-12-2015 17:26:23; nubbins`: treating drug abuse as crime is maybe the dumbest thing i can think of at the moment
mircea_popescu: http://log.bitcoin-assets.com/?date=07-12-2015#1338086 << it's a good proxy for poverty. which is criminal, fundamentally and essentially criminal. there is no crime that doesn't both spawn from and reduces to "being poor".
deedbot-: [Trilema] Further views from Noesunpaispobre - http://trilema.com/2015/further-views-from-noesunpaispobre/
mircea_popescu: approach it from the other angle, the demand elasticity. take cokehead with $1000 income and a $1000 drug habit.
mircea_popescu: they're a functrion of how much money ios sloshing around.
mircea_popescu: the cost of the blowjob, and of the gram, and of the bed are not a function of how forbidden it is.
mircea_popescu: (here's a hint : imbecile argentines imagine a tiny 1000 sqft apt is worth 150-200k usd, in their shit town. why ? why, because the government's been printing money, and people kept "investing" it, there's about two to five trillion pesos that have to be wiped out of the economy before it can return to working)
mircea_popescu: what is the principal driver of price in real estate ?
mircea_popescu: that may be. but consider the situatuon of real estate. is "housing" a product that "sells itself" ?
trinque: meanwhile prohibiting the product limits and complicates the supply
trinque: in the conversation linked, nubbins was discussing the newfie coke heads. seems like quite a task to stop the massive demand there.
mircea_popescu: of course, the concept of "average" lifespan wouldn't make any intuitive sense, wut do you mean "average".
assbot: Logged on 07-12-2015 17:25:23; nubbins`: trinque if there were no drug prohibition, the world would be a better, safer place
mircea_popescu: http://log.bitcoin-assets.com/?date=07-12-2015#1338080 <<< certainly not better, hardly safer. it'd be a pretty bleak feudal crapsack with average lifespans in the 30s and unwilling slave women.
mircea_popescu: drugs were also verboten in communist romania - they didnt' have a price there. you'd have died of hunger with a brick of pure cocaine.
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