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ben_vulpes: and how'd you know that, asciilifeform?
ben_vulpes: "but trading isn't gamblinggggg!"
ben_vulpes: now pm assbot thusly: /msg assbot !up
ben_vulpes: !down coalbe
ben_vulpes: !v assbot:ben_vulpes.rate.coalbe.1:7963e8bebaef17f239758f67e4784ead88f565b669ba7319af114b55def5638b
ben_vulpes: !rate coalbe 1 bad puns
ben_vulpes: !gettrust coalbe
ben_vulpes: coalbe!
ben_vulpes: !rate coalbe 1 really bad puns
ben_vulpes: <asciilifeform> [05:53] am i alone in using wot as was originally taught, 'level of confidence that this key represents person who is what they wish to believe us they are' ? << would this be the ancient "gpg wot" standard?
ben_vulpes: <decimation> [05:35] asciilifeform: I feel sorry for the poor guy, his heart is in the right place but he has no idea what kind of elephant he is trying to eat << more like a spittoon
ben_vulpes: <BingoBoingo> [05:31] mircea_popescu: Has #b-a actually banned ever? << tiberius.
ben_vulpes: i think i get it.
ben_vulpes: oop! limited recourse i mean.
ben_vulpes: so borrower defaults, lender gets house and payments.
ben_vulpes: mircea_popescu: i curious about the no-recourse mortgages as well. lender returns payment stream, keeps asset?
ben_vulpes: nah, another ryan c.
ben_vulpes: ryan-c: do i know you?
ben_vulpes: sjsqd: also, don't poison the well against yourself.
ben_vulpes: !down sjsqd
ben_vulpes: <sjsqd> I understand the idea of bitcoin universes << what you don't seem to understand is that there are separate WoTs in action.
ben_vulpes: <sjsqd> its all calculated automatically as far as I'm aware << so how would you know if things are working as expected?
ben_vulpes: look into qntra.net
ben_vulpes: <nubbins`> think of them as the foundation and the phoundation, with the other guys being the ph << no, we're the fundation!
ben_vulpes: you yourself may ascertain whatever you may ascertain.
ben_vulpes: <sjsqd> nubbins`: the goal of my articles is to try and ascertain how transparently the foundation currently operates << the goal of your articles is to apparently rack up pageviews.
ben_vulpes: <sjsqd> but is it correct to title it as the 'pirate' bitcoin foundation? << no.
ben_vulpes: sjsqd: a bitcoin client.
ben_vulpes: the goal is to do that and nothing more.
ben_vulpes: the question under consideration is "what precisely does it mean to bitcoinate?"
ben_vulpes: no win32, no qt
ben_vulpes: a right, asciilifeform excised the dns.
ben_vulpes: dns is on the chopping block, etc.
ben_vulpes: someone removed the "alert" feature
ben_vulpes: no "gavinblocks"
ben_vulpes: sjsqd: it's just. old. code.
ben_vulpes: sjsqd: it's just the old code.
ben_vulpes: <asciilifeform> [04:55] that the fella actually thought he was 'using pgp' << wait wut? who biffed at this epic scale?
ben_vulpes: mircea_popescu: you're not the poor sod who'd starve without coding either.
ben_vulpes: discipline thyself.
ben_vulpes: adlai: this distraction thing is a human factors problem.
ben_vulpes: hear hear
ben_vulpes: !v assbot:ben_vulpes.rate.vhost-.2:45f33ea63fd332565cd5944c27d4e2d71efa99db12620aef65556fa23229d0f5
ben_vulpes: !rate vhost- 2 taught me much
ben_vulpes: whoa a vhost-?
ben_vulpes: the freemen who take 100% plus organs are actually the lords.
ben_vulpes: from "diamond age"
ben_vulpes: merely that someone must.
ben_vulpes: im not saying the *usg* has to hold the roads and rails.
ben_vulpes: myeah well that's a given.
ben_vulpes: 0.1% of?
ben_vulpes: there are more or less 2 major thoroughfares, and they're pretty chokeable.
ben_vulpes: migrations north are going to be slow.
ben_vulpes: okay here's an argument for a protracted decline
ben_vulpes: i don't know, man! it's one fifteen in the morning and i'm tearing my hair out over how to plan for just the next decade.
ben_vulpes: "fuck everything that happens, i'm in the wot."
ben_vulpes: hm, mebbe that's the attitude.
ben_vulpes: <mircea_popescu> dude, i have nfi << me neither, i'm just a millwright trying to not starve this decade.
ben_vulpes: no, it's a good question.
ben_vulpes: i suppose that this is more properly spoken of in certainty intervals?
ben_vulpes: it's *gotta* have another 5 years left in it.
ben_vulpes: i'm leaning towards the fiatbezzle right now.
ben_vulpes: but fuck my life is it hard to put time horizons on that.
ben_vulpes: it's trivial to say "clearly whatever whatever power structure will fall over."
ben_vulpes: and there's this impossible time horizon estimation problem that the "end of civilization" brings with it.
ben_vulpes: everything must be valued in not only dollar payouts, but twenty-one-millionth payouts.
ben_vulpes: #bitcoin-assets, by the way, has made investing *harder* for me, not *easier*.
ben_vulpes: so here's the thing about shartups:
ben_vulpes: ugh yeah and ofc shartups.
ben_vulpes: 99% of that is likely attributable to simply how much longer they've been doing it for.
ben_vulpes: i can think of fifteen utterly moronic doodz doing running precisely the same hustle and making vastly more money at it.
ben_vulpes: here's the thing that makes me discount my own equity though:
ben_vulpes: actually, i totally get it all of a sudden.
ben_vulpes: ouch.
ben_vulpes: yeah i have no idea how to account for that.
ben_vulpes: right, so we come back around to equity which i clearly don't understand formally.
ben_vulpes: on the other hand, during those thing months, the "bankers" walk with hours*rate, and i lose money.
ben_vulpes: the linked article on one hand doesn't make a terrific amount of sense to me because for whatever reason (perhaps i'm a particularly well-doing con man), i can sell into the buy side of "professional services" at rates that my "bankers" can't touch on their own.
ben_vulpes: instead, i coordinate work of the type i could perform on my own. that work costs me, let's say .8B. i bill at ~1.8. on volume, my take home is ~1.5B/hr (assuming 40hrs/wk, 50wks/yr. salary equality assumptions, etc.).
ben_vulpes: (impossible, but for rounding errors)
ben_vulpes: i could freelance, at some rate - let's say 2BTC/hr
ben_vulpes: let's try again.
ben_vulpes: perhaps the dillema isn't so clear to me, likely due to symbolic confusion.
ben_vulpes: profits being that which is left over after paying out contractors, staff, rent etc.
ben_vulpes: so equity being ownership stake in derpy consulting co.
ben_vulpes: what's a reasonable set of symbols?
ben_vulpes: that's certainly possible.
ben_vulpes: for tax reasons, i clock infinity hours, get paid exactly the same amount (for medicare/aid purposes) each month.
ben_vulpes: devs clock time, get paid hours. simple maffs.
ben_vulpes: "the equity will continue to bear the majority of the variability in profits" << painfully true.
ben_vulpes: "when the employees can leave and set up shop across the street with almost no need for equity capital" << this is absolutely true, except for the part where they have to close deals. make friends with checkbooks, convince checkbooks of non-retardation, etc.
ben_vulpes: mk let's try again
ben_vulpes: so basically i can't really figure anything out.
ben_vulpes: but at the same time, because i'm not a nightmare to work with, i have a near-infinite sell wall of talent.
ben_vulpes: perhaps i'm insane or a particularly good scammer, but i can close deals that none of the programmers on staff could ever dream of. hilariously, because they're on staff.
ben_vulpes: just rings too true for comfort though.
ben_vulpes: the equity will continue to bear the majority of the variability in profits. This view, while not the standard economic view, has the advantage of being supported by reality. (It also accounts for why non-partner-owned professional services firms tend to conglomerate, but that’s another post.)”
ben_vulpes: increases in revenue. On the other hand,
ben_vulpes: I don’t believe payments to owners in professional services firms are the residual profits. And why should they be, when the employees can leave and set up shop across the street with almost no need for equity capital? In the implicit negotiation over distribution of revenue, the employees have all the bargaining power. The equity will be paid a fair return, but will not receive any structural
ben_vulpes: shit like...
ben_vulpes: and on the other hand, well, nominal equity in a thing?
ben_vulpes: mircea_popescu: dude on one hand i constantly bemoan this: 'oh if only i were just freelancing i'd be rolling in the dough'
ben_vulpes: anyways as a point of data, it's year 1.5ish of this insane enterprise, and i'm just now beginning to approach the salary of a "programmer" in my geographic region.
ben_vulpes: ;;later tell pete_dushenski the man is complaining about tin women ffs
ben_vulpes: replaced it with dicks in blondes mouth
ben_vulpes has purged the scambuffer
ben_vulpes: !up Vexual
ben_vulpes: it's more about returns to "talent" vs return to equity.
ben_vulpes: pete_dushenski: bankers being bad guys or not is really not part of the linked piece.
ben_vulpes: i've read them, found them interesting and full of insight, but submit them for the forum for my own education.
ben_vulpes: two links for your review:
ben_vulpes: pretty bad dancing in that video tho
ben_vulpes: babe's got great tits
ben_vulpes: i can't even be fucking arsed.
ben_vulpes: thermorectal
ben_vulpes: so they baked "free usg thermorecal exams" into the protocol
ben_vulpes: ah cool
ben_vulpes: i see this sign every morning, yet this morning it brought to mind your...reprinting of the adams short.
ben_vulpes: cazalla: come now, nobody knows who you are or the girls are
ben_vulpes: i'm not
ben_vulpes: wait hang on there was context for this conversation
ben_vulpes: pete_dushenski: and if she hadn't it'd have been educational regardless
ben_vulpes: cazalla: yeah, just crack open the girl's facebook
ben_vulpes: i read it to lady v on our morning stroll for great lulz.
ben_vulpes: pete_dushenski: thanks for that adams short.
ben_vulpes: A PETE
ben_vulpes: Vexual: you're a...nuke canoe! nuke canoe!
ben_vulpes: yes, yes.
ben_vulpes: but you'll have to tell me how effective they are, asciilifeform.
ben_vulpes: i think augur designs exist approximating this.
ben_vulpes: traveling wave dildo?
ben_vulpes: a million times no.
ben_vulpes: turbo?!
ben_vulpes: peristaltic!
ben_vulpes: "don't put yr pennies down, kid. you'll just lose 'em".
ben_vulpes: mircea_popescu: well that doesn't sound like any fun now
ben_vulpes: mircea_popescu: now for to find some time to 'play' 'games'
ben_vulpes: decimation: next time i'm in london i expect to see all sorts of historical engineering bits
ben_vulpes: mircea_popescu: 'eulora accounts' << "isambard vulpes" sil vous plait
ben_vulpes: mod6: deed it up?
ben_vulpes: mircea_popescu: "millers crossing" << ugh man that movie is badddd in places
ben_vulpes: now that person's oddsmaking choices are totally obvious
ben_vulpes: why do people do that?
ben_vulpes: I need a primer on that period.
ben_vulpes: this conversation is about airspace control.
ben_vulpes: implying, gabriel_laddel?
ben_vulpes: i don't buy this 'controlled chaos'. isis is a mortal threat to the us (and all client states) and they desire desperately to wipe it out.
ben_vulpes: 'gulf war' perhaps aside.
ben_vulpes: i've yet to see them achieve one thing they set out to, in my entire life of watching them ferry soldiers across the sea.
ben_vulpes: give me a break.
ben_vulpes: didn't they just retain some 20k unseasoned mercs to go after a mob of kalash-equipped pashtuns?
ben_vulpes: you vastly overestimate their abilities.
ben_vulpes: and why (why why why?!) must everything be about enraging the insane bear in the room?
ben_vulpes: the rest of the world doth not operate so insanely.
ben_vulpes: this is a strictly us problem, though.
ben_vulpes: asciilifeform: i'd rather leverage my wot for landing sites and refuelers.
ben_vulpes: i probably didn't know enough to make it work when i attempted it.
ben_vulpes: BingoBoingo: that prototype never worked and has long since been consigned to my parents dustbin.
ben_vulpes: the power to weight ratio just *always* turns me off.
ben_vulpes: maybe the trick is to leverage existing industrial commodity electrical motors and do something clever with the batteries.
ben_vulpes: or maybe not! maybe i'm crazy.
ben_vulpes: batteries are still bogus.
ben_vulpes: remember when all the children went out after...yes.
ben_vulpes: the chinese!
ben_vulpes: i still do not see a need for this wacky battery of yours.
ben_vulpes: construction fundamentals are well understood, automatics well understood (granted by fewer people)...
ben_vulpes: yes well do away with the $maxint vehicle cert process, $maxint operator training...
ben_vulpes: flying below ceiling at which all objects are 'trivially' observable.
ben_vulpes: correct.
ben_vulpes: cessnas*
ben_vulpes: you're familiar i'm sure with the near-disposable cessna's thrown over america's southern border, stuffed to the gills with $substance?
ben_vulpes: asciilifeform: 'well patrolled' << i'm pretty sure that 50+ sneak through for every single one busted.
ben_vulpes: lol nowhere near as expensive as their payloads are valuable.
ben_vulpes: there are the S.A. submersibles.
ben_vulpes: but do share your design envelope, i'm very curious what sorts of requirements you're considering that require some crazy one-shot battery.
ben_vulpes: if it needs to go that far, put an ice on it.
ben_vulpes: missing variable: delivery distance.
ben_vulpes: that's a pessimistic cone.
ben_vulpes: tough cookies.
ben_vulpes: $thing
ben_vulpes: asciilifeform: if the thing's reasonably robust, a parabolic delivery trajectory should suffice.
ben_vulpes: ;;google bull run reservoir
ben_vulpes: ;;google Bull Run
ben_vulpes: thestringpuller: nope.
ben_vulpes giving the whole armsmithing game away for some reason
ben_vulpes: i'm more interested in single-shot and extremely cheap.
ben_vulpes: what of it.
ben_vulpes: eh, it's just some guys having fun.
ben_vulpes: submarine was more useful.
ben_vulpes: motor aside.
ben_vulpes: moreover, a largely useless project.
ben_vulpes: thestringpuller: orthogonal.
ben_vulpes: not unindustrial, though.
ben_vulpes: monofilament's pretty low cost.
ben_vulpes: the *real* value though, is in the strategist given free reign to be creative.
ben_vulpes: these designs have value.
ben_vulpes: dream.
ben_vulpes: those who do in these parts - aren't interested in novel strategies or applications of commodity technology
ben_vulpes: anyways, armsmithing for the next engagements is terribly interesting and entirely impossible to do from where i am.
ben_vulpes: asciilifeform: well yes, improvements in performance and reductions in cost exercises for not even terribly alert reader.
ben_vulpes: "one year, no distractions."
ben_vulpes: but...
ben_vulpes: i could make these things.
ben_vulpes: there is a reason i call this kind of document torture.
ben_vulpes: <asciilifeform> very basic maths << so much so that even i did them in 'uni'
ben_vulpes: asciilifeform: gorgeous diagrams. thank you.
ben_vulpes: asciilifeform: IFF mechanism << another application for asymmetric crypto.
ben_vulpes: ugh your paradigms are infectious.
ben_vulpes: there's no reason why these things should cost $MAXINT, aside from the prohibition on owning the constituent materials for any not favorite son.
ben_vulpes: asciilifeform: "igla" << why must you torture me
ben_vulpes: i must learn more incantations, apparently.
ben_vulpes: not...readily.
ben_vulpes: at least that bends somewhat to grep.
ben_vulpes: i would rather be working on satoshi c++.
ben_vulpes: and yes - drinking. albeit lightly.
ben_vulpes: loading the "rails" stack into my head.
ben_vulpes: do you know what i'm doing right now?
ben_vulpes: morose*
ben_vulpes: ugh this conversation makes me downright mournful
ben_vulpes: this brings back my hankering for real time optimization problems.
ben_vulpes: aside from the sims.
ben_vulpes: right, there's a recursive aspect to the problem.
ben_vulpes: what's to work out?
ben_vulpes: superimposed waves traveling through wire applying force at arbitrary points?
ben_vulpes: we don't even have computers that cooperate.
ben_vulpes: grey goo pipe dreams.
ben_vulpes: several joints, some tension mechanisms and some springs.
ben_vulpes: purpose built mechanisms.
ben_vulpes: as a guy who's cobbled together the odd machine or two, the notion that you can have a million little bits cooperating to give you the power of a purpose-designed driveshaft one moment and slither through a keyhole the next strikes me as wankery of the first degree.
ben_vulpes: especially and in particular the underwater stuff.
ben_vulpes: you still have to program the meta layer.
ben_vulpes: map servers and massively parallel SLAM
ben_vulpes: i'm more interested in underactuated systems.
ben_vulpes: cursory inspection reveals nothing interesting.
ben_vulpes: i'll *keep* looking
ben_vulpes: a) it's all usg "tin woman" crap
ben_vulpes: mircea_popescu: i'm actually pretty disgusted with "modern" "robotics"
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