mircea_popescu: ima ban pete, he keeps breaking the scoop.
mircea_popescu: Pierre_Rochard nothing wrong with that, you know ? be the fucking treasurer, nobody died of it yet sorta thing.
mircea_popescu: really, the immensity of cultural decay in the west is not something people can appreciate off the street.
Pierre_Rochard: agreed, and I will say not every company’s top accounting/finance person should be cfo, they often should just be treasurer or controller
mircea_popescu: course school doesn't do that anymore, they just take the tuition, so now business is stuck doing primitive on-job training like it were 1700 all of a sudden.
mircea_popescu: im saying you shouldn't really put people in positions where they have to cope in production
Pierre_Rochard: often better than them trying to reinvent the wheel, that’s when you get some real cargo culting
mircea_popescu: now maybe you live in the magical land over the rainbow where people making 75-150k a year with an accountancy degree under their belt somehow actually come up with strategies and organise departments and whatnot. in practice, you'll get a whole lotta copy/paste, shannonization of varous recycled material (what they got from "books" / overheard at conferences etc) and so on.
mircea_popescu: in fact whenever an officer of any kind justifies anything by "it being industry standard" that officer should be therewith fired and sent back to the staff position he belongs in.
mircea_popescu: Pierre_Rochard what i've seen in practice is a lot of "industry standards" and "nobody could have predicted", neither of which do a cfo make.
mircea_popescu: nothing happens, of course, because the poisons are still sucking up the particles. so they pull the moderator even further, not getting any feedback.
mircea_popescu: a very dangerous situation can develop in practice (especially in "manually operated" reactors) where the core is well poisoned, which makes it look like it is working way way under 1, which prompts the techs to remove the moderator further.
mircea_popescu: now, some particular fuels have the unfortunate property that if the reaction is ever decelerated, they produce nuclear poisons. nuclear poisons are usually gases (like xeon) that absorb particles and decay.
mircea_popescu: the way this is accomplished in practice is with "moderators", which are rods of particle absorbers. these soak up the particles, reducing the rate of reaction. in practice, large barium rods go in and out of the core
mircea_popescu: in order for the nuclear reaction to be a nuclear explosion, the average nucleons hit / nucleons broken must be >1. in order for it to be a nuclear reactor (the civillian kind) it must be exactly 1. but exactly. if it goes below 1 the reaction extinguishes, so most reactors are run as a 0.999 - 1 oscillation, practically.
mircea_popescu: so, nuclear reactions happen a lot like dating : whenever a nucleon breaks up, it spits out some accelerated particles. either these hit another nucleon and start another reaction or they don't.
mircea_popescu: pete_dushenski well then pull a chair and let old man me tell you a story!
mircea_popescu: Pierre_Rochard yes man, in theory this is true. in practice you know what it is.
Pierre_Rochard: my background does color my view, but a competent cfo isn’t one who’s great at tax avoidance (that’s why you hire…. tax accountants!) or cooking the books. (1) A competent cfo is one who build a great financial planning and analysis team and uses them well - to inform the CEO’s strategy and constraints under which the business operates. (2) A competent cfo also builds a great internal audit team to maintain
mircea_popescu: pete_dushenski you familiar with the "poisoned reactor" phenomenon ?
mircea_popescu: the conflict here being that you like accountancy and imagine that "being an accountant" is a part of one's identity, and i used to like being a cfo back when i was still available to hire, and i had a very strict "accountant ne ultra crepidam" then, too.
mircea_popescu: depends for whom. yes, for middle aged fatty married to middle aged fatty they aren't. which is why he calling her a "porn star" is dubious in the first place.
mircea_popescu: competent people are not "characters out of hollywood movies". this is like... guy wanting to break up with his wife because she's... whatever, middleaged fatty, and she breaking out the "supermodels aren't available!!1"
mircea_popescu: in no case can random corp that's NOT a private bank actually afford a cfo. (who no, is not an accountant, and who yes costs more than a good ceo - which again isn't "i'm the boss")
Pierre_Rochard: Your view of cfos reveals something about the cfos you’ve had experience with...
mircea_popescu: if oversight were the definition of management, all parents of autistic children should be in jail.
mircea_popescu: no. oversight is the definition of parenting.
Pierre_Rochard: that’s the street view
Pierre_Rochard: oversight is the definition of management. A board’s governance is over the officers of the company in practice
mircea_popescu: unless you're out and out making tax avoidance and marginal financial scams a part of your business model (hence my "are you a private bank" question), in which case yes the cfo is in fact a chief of a department and needs to come up with planning for the board etc,
mircea_popescu: nevertheless...
Pierre_Rochard: mircea_popescu: there’s been generalized inflation of “C” positions, but if you’re going to glorify someone, may as well be the financial steward of the company. He’s a key part of governance and oversight. Or at least, that’s been my experience
mircea_popescu: these fiat derps really imagine they're going to be such hot shit once "they get regulatory approval"
pete_dushenski: what's the margin for error here, me wonders.
mircea_popescu: i'm having a lol at "greyscale" having made essentially the same tired out bitcoin scam.
mircea_popescu: a business couldn't conceivably operate for long without the cleanning lady, either, but that doesn't mean she's not staff.
mircea_popescu: Pierre_Rochard yeah, but what they did was glorify their accountant into "officer"hood.
Pierre_Rochard: seriously? I’ve only worked in handful of businesses, but I can’t imagine them operating for long without a CFO
gribble: The operation succeeded.
mircea_popescu: Pierre_Rochard cfo is nonsense in the first place.
mircea_popescu: meanwhile sara doesn't know who either are.
gribble: The operation succeeded.
mircea_popescu: "The Liberlanden goverment seems to have a lot of plans for the future. Paraduin appears to have no plans. Why clutch the control of a nation which you have no intrest in?" << wtf is with these retarded children. they're comparing their reality on the grounds of the extension of their hopes and dreams now ?
assbot: Logged on 05-05-2015 04:45:39; decimation: yes. one problem with the us business world in general is that many 'staff' positions like accountancy have been mistaken for management
Pierre_Rochard: http://log.bitcoin-assets.com/?date=05-05-2015#1120718 < bizarre statement, if you think of your CFO as staff, you hired the wrong guy
mircea_popescu: ah ok. it'll be good enough then. no quotes.
mircea_popescu: anyway. so some senator wants the bitches in decolletage. big whoop.
mircea_popescu: http://md0.libe.com/api/libe/v2/paperpage/218512/?size=x500&format=jpg << what the fuck idiotic format is that.
asciilifeform: [BTC-dev] Full Orphanage Thermonuke Valgrind Output.
davout: asciilifeform: really curious to see how the orphanage thermonuke patch will work in the field
assbot: Logged on 05-05-2015 01:34:14; trinque: asciilifeform: ah yeah they were total trolls at my old gig
jurov: with "We have assistance of Serbian police, which is now coordinating the action so everything would go well in keeping with the international laws."
jurov: lmao.. liberlanders tried to board their homeland, get detained by croatian customs for "crossing border outside of b.point"
gribble: The operation succeeded.
mircea_popescu: http://www.experian.com/small-business/mailing-lists.jsp << check out the mad skills of experian.
mircea_popescu: same Katie Courics/Elie Wiesels/Alicia Koplowitzes that madoff took to the cleaners too.
decimation: yeah, but richer and more sophisticated ladies, because they are qualified investors
mircea_popescu: thinking about it, i'm not even sure what ycombinator's business model is supposed to be past the old yahoo scam (trick old ladies into thinking X is big so they pour their money into it, pocketing most of it, etc)
mircea_popescu: danielpbarron: << that part's got to go << that's the part which provides "usability".
mircea_popescu imagines very sad repair shop operated by the surviving children of dead mechanic, through throwing wrenches and whatnot at engines.
decimation: maybe if we let the tools decide?
mircea_popescu: cargo cultism at its most base. "well we don't have a mechanic, but all the toolboxes are here and open just like he would have had them, were he here"
mircea_popescu: if you don't have providential management, da fuck you gonna do. trust in the tools.
decimation: yes. one problem with the us business world in general is that many 'staff' positions like accountancy have been mistaken for management
mircea_popescu: accountant's a tool. can only shine in the hands of providential management.
decimation: sure, but in the sense of knowing where you are, not where you are going I would think?
mircea_popescu: it won't land the thing for you tho.
mircea_popescu: like the mill generator is important in aircraft.
mircea_popescu: which makes them ever so slightly better than blindfold darts
decimation: mircea_popescu: the idea that an accountant is the guy who should be planning your business is a little silly
cazalla: AU slashed interest rates to 2.0%, lowest on record, gotta juice the housing market a bit more i guess
mircea_popescu: decimation : to quote the original variety speak, "the budget goes crunch, but the names pack punch, so they called over the accountants and they're gonna do lunch"
mircea_popescu: principally because the female viewpoint is retardedly infantile.
mircea_popescu: because human culture is an exercise in opressing the female viewpoint
mircea_popescu: the thought of your average joe when confronted with a vacuum is never "holy shit ima make SUCH A fucking earthquake here..."
decimation: then they realized that they occupied a massive vacuum left by sun and old purveyors of unix to usg
decimation: I remember the early days of redhat, when everyone thought they were the heros for trying to 'make money' on open source software
assbot: Logged on 05-05-2015 02:36:21; livegnik: trinque: So would we. Sirius spent 1.5 half years working on the proof-of-concept, and I've spent the last 8 months working on this project full-time. I've actually quit my dayjob for it and am burning my savings.
mircea_popescu: http://log.bitcoin-assets.com/?date=05-05-2015#1120380 << if only people did their year of logs before proceeding into walls.
assbot: Logged on 05-05-2015 02:32:01; livegnik: The idea for business model for the company we have in mind probably comes closest to Red Hat, without the Enterprise edition.
mircea_popescu: "everyone can drive a car" results sooner or later in the "nobody could have foreseen that curve" soccer mom and old person automotive club
mircea_popescu: there's an entire subculture of these asinine imbeciles, from altman to fetlife to automattic to you name it.
mircea_popescu: because gravatar, which is a subsidiary of automattic, which exists in order to shit on the internet.
mircea_popescu: i intend to email the people so i guess we see.
asciilifeform doubts that anyone will be shocked at the discovery that one can do this
assbot: Logged on 11-10-2014 03:19:12; mircea_popescu: http://identi.fi/id/account/mircea_popescu@bitcoin-otc.com << check out the scrappers ?
asciilifeform: mircea_popescu: there were some results with dictionary attack a while ago
mircea_popescu: in other news : i
assbot: What the WoT is for, how it works and how to use it. on Trilema - A blog by Mircea Popescu. ... ( http://bit.ly/1bZeJoS )
assbot: Logged on 05-05-2015 02:22:45; livegnik: danielpbarron: The main difference between Bitcoin-OTC and Identifi, if I understand correctly, is that the Bitcoin-OTC WoT acts as a WoT-for-all, whereas with Identifi each identity has it's own WoT, and there's no 'general' score.
mircea_popescu: http://log.bitcoin-assets.com/?date=05-05-2015#1120329 << the general score is an implementation error, due to originator noobishness. it's been mostly since remedied. see stuff like http://trilema.com/2014/what-the-wot-is-for-how-it-works-and-how-to-use-it/
decimation: asciilifeform: the frontier railways are pathological cases, going between indian and bangladesh, nepal
felipelalli: the new blocktrain: http://img.qga.com.br/wp-content/uploads/2014/03/metr%C3%B4-sp-0.jpeg
asciilifeform: decimation: not quite, in got some su hardware on the cheap
mircea_popescu: http://travel.smart-guide.net/wp-content/uploads/2012/03/The-Most-Crowded-Train-in-Pakistan.jpg prolly better
asciilifeform: there we go.
mircea_popescu: there was a great pic of a loaded train yest, where was it
asciilifeform: almost certainly will rest on meatgangs, just as the old world did. (i.e. sets of folks who actually interact daily, not necessarily in meatspace)
mircea_popescu: and i suspect (the math on this is fuzzy and still bneing worked out) that the critical mass for wot is exponentially more expensive than the critical mass for bitocin.
mircea_popescu: gpg nbetwork calls it "the strong set"
mircea_popescu: yeah. but even if construed favorably, the point remains : you will have some hierarchies of trust.
asciilifeform: assumed centralized derpatron, because this is almost inevitably in the mix when folks reinvent in the dark
assbot: Logged on 05-05-2015 01:52:03; trinque: aside that it just strings together analogies
decimation: asciilifeform: he does have rounded corners on the wot listings
assbot: Logged on 05-05-2015 01:49:19; asciilifeform: try to answer this one compactly, it should be answerable. who composes the whitelist ?
asciilifeform: (however much of it there is)
asciilifeform: because came up with it in the dark, used chewing gum, knife, remains of his parachute straps, and bones of travelling companion to build it.
assbot: Logged on 05-05-2015 01:46:40; livegnik: Yesterday I've written an extensive comment on Ian Grigg's article about ID issues, especially in combination with the blockchain. It's quite the read, but I think it'll be worth your time, if you want to get a more in-depth view of Identifi:
mircea_popescu: anyway, it's my experience that the unconcerned asker usually does fine. it's the hedger that ends up in the soup.
asciilifeform: in deep theory, yes
mircea_popescu: you know women are possessed of speech. you can talk to them.
mircea_popescu: you don't have to pay anyone for leads that way, don't have to commute to work... with a little luck can do a dozen numbers and make more than the manager makes per month
asciilifeform: mircea_popescu: i thought about flipping the cardboard flag to lure'em in
decimation: it's almost like these guys are a broken record
mircea_popescu: ie, the actual founder of tardstalk.org ?
mircea_popescu: anyway, sirius as in the 2009 sirius ?
asciilifeform: PopeSci - laboratory supplies approved by the holy see
mircea_popescu: decimation on the street ?!
asciilifeform: then pyromania.
mircea_popescu: yeah right. these chicks looked like they haven't even mastered the blowjob yet. what weed.
mircea_popescu: "oh, better keep this in the purse ever as i pretend smoking disgusts me, who knows, maybe hott gringo asks
mircea_popescu: asciilifeform speaking of penalties and actual deterrence : it's as you may know rauchen verboten here. so i pull out a cigarillo and head to a table where three girlies are derping (at starbucks). ask for a light. they... all have it.
decimation: the indentfi guy?
decimation: exactly. there's nowhere for all the vast slosh of bezzlars to go, other than real estate and the stock market
mircea_popescu: the sad truth is that "quantitative easing" essentially ends up as a real estate bubble.
asciilifeform: they built phree charging garages in key chump habitats in usa
mircea_popescu: A car is pretty much a requirement in the suburbs. Even without accounting for car payments, gas and insurance and tolls will eat up $200-300 per month easily. << i thought tesla is free!
mircea_popescu: "Lets assume we want a $1.0M, below-median house in Redwood City. Youd have to start by coming up with ~$220k in savings for the down payment + closing costs, and then take out a mortgage for the remaining $800k"
assbot: Logged on 05-05-2015 01:25:57; asciilifeform: <danielpbarron> there's yer answer: it's sha1 << why do we have sha1 anywhere
mircea_popescu: http://log.bitcoin-assets.com/?date=05-05-2015#1120239 << i was wonderin the same thing. time for sha512 erryone.
asciilifeform: <decimation> http://www.cnet.com/news/silicon-valley-talent-wars-engineers-come-get-your-250k-salary/ <<< the mega-l0l is that 250kusd doesn't even buy a garage there
gribble: The operation succeeded.
assbot: Logged on 23-03-2015 22:08:54; assbot: Logged on 23-03-2015 15:07:09; Adlai: this is a good point... even if each wot rating is signed, this can be a false friend - what if you're not looking at the latest version of the ratings? if only we had some way of achieving trust-minimized consensus...
scoopbot_revived: News! The Fetlife Meatlist - Volume X URL: http://trilema.com/2015/the-fetlife-meatlist-volume-x/
Pierre_Rochard: “we’re more religious than the next guy d00d!! we only worship helping consumers with javascript!!”
Pierre_Rochard: “You really want a company full of missionaries, not mercenaries.” <- well let’s say their are fewer missionaries in the labor market than there are missionary positions. You have to compete for them somehow.
decimation: of course he's not a fan, because if suddenly 'talent' thinks they are worth $250k instead of $50k, his own business implodes
decimation: attracting" the worst cultural fits. "
decimation: "It's "a horrific idea," [paying $250k] said Sam Altman, the president of Y Combinator, Silicon Valley's most prestigious technology incubator. "It seems on paper like a really good idea [since] great engineers can create huge value. [But] here's why it doesn't work: You really want a company full of missionaries, not mercenaries. And so if your company is known as the place where you can make a huge cash salary, you end up
mod6: anyway, if my grub looks good, then maybe it's my kern. but it could be something else... not quite sure.
mod6: <+trinque> and otherwise if all else fails I'll be putting my own build script together before long << ok sweet!
livegnik: Disregard that last one, miscommunication on my side. I think you're right about me going to bed then.
livegnik: There's probably not much wrong with simple gpg messages. There's more to Identifi than rating messages however.
livegnik: Sorry for bothering you with level-upping me constantly. I won't be on for much longer now anyhow, so I won't waste too much of your typing and/or clicking ;)
trinque: rather than gossip protocols and all this other fancy shit, what's wrong with a simple gpg message format that constitutes a rating
trinque: the rest of the problem is what they said, about whom, and how that information is discoverec
livegnik: I'm finishing up some things atm, and will then go catch some rest. My IRC server is up 99% of the time (the missing 1% was yesterday), so I'll be back in here :)
livegnik: I've been trying to find people to break this theory, but haven't bumped into them yet. At the same time, there aren't too many people working on these types of solutions throughout the world atm.
livegnik: I'm open for suggestions though, and again, I'm just the business developer. Martti is the real dev on this one.
trinque: seems there's a simpler way
trinque reserves judgment on whether this is a nice marmot yet
trinque: if you're not using the blockchain I dunno why you don't just use gpg keys and some gossip protocol; as I understand it bitcoin isn't even very good at that part
livegnik: Not far from the mark?
livegnik: And we're working on a permission database / filter/firewall & communication application that can run between the node that stores the actual data, and the other trusted nodes, in order to set thresholds based on permissions for sharing info.
trinque: keypairs and gossip about ratings is probably not far from the mark
trinque: then stuffed into sqlite
trinque: as I understand it you're basically using the bitcoin transaction propagation stuff to send out rating data?
trinque: and maybe you will; difficult position to be in to say the least
livegnik: I can't say too much about it at this time, but I can tell you that we have an accountant who's helping us to crunch the numbers.
trinque: the idea that profitability is something you can "figure out along the way" if at all, is a braindead american VC concept
trinque: livegnik | trinque: So would we. Sirius spent 1.5 half years working on the proof-of-concept, and I've spent the last 8 months working on this project << for the logs, it is never, ever a good idea to leap off into some venture with both feet when the venture has no profitability or plan to achieve it
livegnik: I'll check dpaste. I've been using pastebin up till now for the most-part; years.
assbot: - One-way authentication, so that the party that you're authenticating with does - Pastebin.com ... ( http://bit.ly/1FLTH9q )
livegnik: What's the gribble/assbot divide problem, if I may?
livegnik: Everyone in the Bitcoin-OTC WoT should be in there, if correct. There's a Bitcoin-OTC crawler for Identifi nodes :)
livegnik: trinque: So would we. Sirius spent 1.5 half years working on the proof-of-concept, and I've spent the last 8 months working on this project full-time. I've actually quit my dayjob for it and am burning my savings.
livegnik: Services mostly. Helping business who want to integrate Identifi nodes within their existing environments mostly.
livegnik: One size that fits all. Additional applications could be ran on-top of the node.
livegnik: The idea for business model for the company we have in mind probably comes closest to Red Hat, without the Enterprise edition.
livegnik: decimation: Mainly for further development, in cooperation with our pilot partners.
assbot: Spaceballs - "I am your father's brother's nephew's cousin's former roommate." - YouTube ... ( http://bit.ly/1FLSLln )
livegnik: Well, that info is there. It's up to you to filter.
livegnik: Within Identifi networks the max is infinite, but the proto-type of our front-end hands you the options 1st, 2nd, 3rd, or infinite degree.
livegnik: danielpbarron: Identifi does the same with the trust ratings, you can set your viewpoint from 0 to infinite.
livegnik: danielpbarron: Ah, the viewpoints. Capice.
livegnik: trinque: There are 2 types of messages: 1.) verifications of identity's identifiers, and 2.) trust ratings ("Alice is a terrific barber!". "Bob is the worst car salesman!", "DID_REPAY_LOAN_ON_TIME", etc.)
livegnik: danielpbarron: Could you elaborate on the L1 L2 thing for me?
trinque: livegnik: so this is a haxed bitcoin where the payments are instead ratings, yeah?
livegnik: The first is a quite shallow explanation of the project, we'll update it within a few months or so (after rounding up the pilot projects, board of advisors, and funding).
livegnik: I agree that it can be ignored for the most-part, but Identifi doesn't even contain it.
trinque: livegnik: ah I'm looking at the website for that project now
trinque: mod6: yeah from whatever the bootloader is; there's also a way to build command line (meaning kernel command line) parameters into the kernel itself
livegnik: danielpbarron: The main difference between Bitcoin-OTC and Identifi, if I understand correctly, is that the Bitcoin-OTC WoT acts as a WoT-for-all, whereas with Identifi each identity has it's own WoT, and there's no 'general' score.
trinque: mod6: that parameter is one provided to the kernel at boot
livegnik: danielpbarron: I like Bitcoin-OTC, even though I haven't used it myself. I do believe that I grasp the concept itself though.
livegnik: asciilifeform: Hopefully this interview I've done with current partner, before I joined the project, clears up what it could be used for in the 'real' world: http://unbit.nl/2014/09/16/martti-malmi-on-bitcoin-and-identifi/
livegnik: I'm back. Sorry for the interruption.
mod6: trinque: where can I add "rootfstype=ext3" or "rootfstype=ext4" to the list of boot params? I don't see anything thing like that in the kernel config -- except where I've already enabled EXT4 and EXT3
trinque: "I mean, they're all blockchain technology."
trinque: considering "what is bitcoin" is called for before calling it fungible with any other *net
trinque: insofar as you're saying will computers run and call themselves asscoin if I create an asscoinnet, sure
trinque: So we can have a "mainnet" can we also have "AliceNet" or "Mynet?" Yes, in theory we can. << this does *not* follow
asciilifeform: so far it seems to add up to a 80% re-implementation of the proper wot out of toothpicks and tape.
asciilifeform: the text is astonishingly painful to read.
trinque: aside that it just strings together analogies
trinque: So we're all the same -- we people are the same as smart contracts, as block chains, etc, and we should be able to make recipe that describes us. We should be able to collect all these things together and make it such that we all look the same. << wtf
livegnik: The people you know and trust (for whatever reason) basically, and therefore have verified.
livegnik: You could put it that way, yes. But it can visualize sybil swarms by showing the few 'real IDs' linking to it.
asciilifeform: this is how existing wots work. but to say that this 'solves sybils' is, at the very least, odd
asciilifeform: try to answer this one compactly, it should be answerable. who composes the whitelist ?
livegnik: There's no whitepaper atm, so the comment in that article probably explains it best/most thus far.
livegnik: asciilifeform: A set of attributes, identifiers. I've extensively elaborated on it in the comment on Ian's article.
asciilifeform: the pope ?
livegnik: asciilifeform: Mostly a whitelist. Whitelisting solves the Sybil. The thing is, whitelisting hasn't been very user-friendly up till now, without the security trade-off.
assbot: Financial Cryptography: The Sum of All Chains - Let's Converge! ... ( http://bit.ly/1PjMAFN )
livegnik: Yesterday I've written an extensive comment on Ian Grigg's article about ID issues, especially in combination with the blockchain. It's quite the read, but I think it'll be worth your time, if you want to get a more in-depth view of Identifi:
livegnik: It's a protocol for identity management for both humans, entities, and machines. It gives the ability to create Sybil-proof WoTs (to the extent that the least trustworthy node added, decides the strength of your security), for almost anything.