mircea_popescu: RagnarDanneskjol btw, here's something you should be able to find : http://trilema.com/2014/smg-april-2014-statement/ (grep for "the first")
gribble: 1987 - Sam the Record Man - I Said It I Did It - YouTube: <http://www.youtube.com/watch?v=EwoK5lXcZsY>; I SAID IT. I DID IT. | Sous Style: <http://sousstyle.com/2012/03/14/i-said-it-i-did-it/>; How y'all realer? If I said it, I did it – Writer's Block - Genius: <http://rap.genius.com/197789/Royce-da-59-writers-block/How-yall-realer-if-i-said-it-i-did-it>
thestringpuller: oh and could you do a separate invoice for the commission that's in progress (the remaining balance etc.)
nubbins`: only 8 left now, you got the early bird price ;D
thestringpuller: If you could put all that in the final invoice that'd be dope as fuck appreciate doing business with you.
nubbins`: they're being flat-packed
thestringpuller: lol did I miss the 35 dollar mark or is it 15 for shipping?
thestringpuller: nubbins`: why is the poster so expensive?
mircea_popescu: asciilifeform no dude, let's "raise awareness" about how niggers got to survive as an ethnic group (something most equally retarded pacific and red skin tribes did not) because they got transported by the dutch to slave in the us, and this happened centuries ago was a very bad thing.
nubbins`: but let's say you sign a waiver at the rock climbing gym, rope breaks, neck breaks. waiver isn't worth the paper it's printed on
nubbins`: i mean, i'm sure there are some situations
asciilifeform: mircea_popescu: the reason there's very little public noise about such proceedings presently is that the system is still in the 'punish relatives of враги народа' phase. (in the linked case, separated husband was convicted of dope dealing)
nubbins`: thestringpuller: sure
gribble: Nick 'thestringpuller', with hostmask 'thestringpuller!~leflor@99-39-97-12.lightspeed.tukrga.sbcglobal.net', is identified as user 'thestringpuller', with GPG key id 0FF2943DA179E169, key fingerprint 6ACE36E786F39A4ADC4506DE0FF2943DA179E169, and bitcoin address None
mircea_popescu: this waiver for the future device...
mircea_popescu: "As a result, the entire family was thrown out of the house for one week, even though Chris and his wife were never charged with or convicted of any wrongdoing. The family was allowed back in pending the outcome of their forfeiture proceeding, but only under the condition that they kick out their son and agree to waive their rights in any civil-forfeiture proceedings in the future. "
gribble: Request successful for user thestringpuller, hostmask thestringpuller!~leflor@99-39-97-12.lightspeed.tukrga.sbcglobal.net. Get your encrypted OTP from http://bitcoin-otc.com/otps/0FF2943DA179E169
thestringpuller: ;;eauth thestringpuller
gribble: Nick 'thestringpuller', with hostmask 'thestringpuller!~leflor@99-39-97-12.lightspeed.tukrga.sbcglobal.net', is not identified.
thestringpuller: nubbins`: can you follow up with an invoice of the fee break down (shipping, shirt cost, poster cost etc. etc. etc.)?
mircea_popescu: so it's a courtroom only in the sense that... it isn't.
assbot: Logged on 31-08-2014 20:58:05; asciilifeform: 'In Courtroom 478, property owners are instructed to sign in and indicate with a checkmark on the sign-in sheet the kind of property they are there to save. The sign-in sheet lists the following categories of property: "house," "car," "money," or "gun." ... Assistant district attorneys with the Public Nuisance Task Force fully control the proceedings inside "Courtroom" 478. There is no judge, no jury,
mircea_popescu: luding the salaries of the very prosecutors who brought the forfeiture actions. This is almost twice as much as what all other Pennsylvania counties spent on salaries combined.
mircea_popescu: Philadelphias automated, machine-like forfeiture scheme is unprecedented in size. From 2002 to 2012, Philadelphia took in over $64 million in forfeiture fundsor almost $6 million per year. In 2011 alone, the citys prosecutors filed 6,560 forfeiture petitions to take cash, cars, homes and other property. The Philadelphia District Attorneys office used over $25 million of that $64 million to pay salaries, inc
mircea_popescu: The most terrifying place in Philadelphia is Courtroom 478 in City Hall. This is where property owners enter Philadelphias Civil Forfeiture Machine. Civil forfeiture is a little-known legal device that allows law enforcement officials to take your property, sell it and pocket the proceedseven if you have done nothing wrong.
mircea_popescu: meanwhile, the last time a woman was raped was in 2005, back when the last guy could still get it up. but letr's all derp about rape
mircea_popescu: it's right there in city hall, but let's pretend we don't know about it./
BingoBoingo: mircea_popescu: He's got some other gems http://samsclass.info/124/proj14/norton.htm Amazing the stuff you stumble into
assbot: The Institute for Justice
mircea_popescu: BingoBoingo: http://samsclass.info/125/proj11/LSU-HIPAA.htm << not bad. sam sounds just like the sort of guy that should be here.
nubbins`: with only hours left on the clock!
nubbins`: maybe once some other cool shit gets layered down, it'll be a nice piece on its own
assbot: imgur: the simple image sharer
mircea_popescu: it'd almost be enough to make me like the place.
mircea_popescu: From this tale, three morals: not he is your enemy who plants you down in shit; << if only they taught this, whip in hand, in us schools.
asciilifeform: nah, next-to-last. the last thing is everybody flying atomic dirigibles, lasers blasting away.
nubbins`: "the last thing you want is everybody owning large amounts of bitcoins."
mircea_popescu: BingoBoingo http://media.oglaf.com/comic/battledress.jpg << the girl's tong is actually a torture device. even should it be natural silk, make a woman walk in that for an hour and see.
mircea_popescu: more like, based on the rather naive expectation that since what he read in books he's seen irl, it must mean the books are wise.
asciilifeform: if i had raped her she'd be pregnant. is she pregnant ? no << orlov's hypothetical portrait is based on the georgian cleanup
asciilifeform: and the man who can y without x-ing is called an 'inventor' and has much fun.
chetty: how the heck can you call that a better man?
mircea_popescu: i once took a pretty girl off the hands of a better man, strictly for the reason that he was beset by this mental disease of "before x, must y. before y, must z, no less than k" and on it went. i was beset by no such issue and so i fucked the girl before he managed to satisfy the prerequisites to having the town council meeting that'd have decided if it was a good idea to turn over the covers in their marital bed.
mircea_popescu: a government can only be relied on to enforce an agreement when it's to your detriment, so makingany sort of reflexive agreement with a goverment makes no sense. the only sensible agreements one can make with governments is "how about you two fight".
mircea_popescu: asciilifeform: plus it isn't clear that paying the 'legit' fees gets you anything in the long run. who's gonna force usg to honour the cancellations when they decide not to? the devil ? << this is the most germane point. i'd rather pay power Y to cancel my citizenship with power X than power X itself.
nubbins`: <+ben_vulpes> nubbins` actually inspired me on the topic, although he still does the numismatic thing << gotta keep the shinies in circulation
thestringpuller: chetty told me she still pays US taxes and hasn't been there in like a decade
mircea_popescu: The20YearIRCloud: ben_vulpes: low leverage on real estate bought at a value has done well in every crash in the US, including the 1930s depression era <<< how about twelve oaks ? how well did outright owned property fare in the face of the carpetbagger ?
mircea_popescu: ben_vulpes: creating noise << here's some noise for you : borrow as much as you can, to buy consumer items, then liquidate everything for cash, buy bitcoins and a plane ticket. wish everyone left behind good luck on your way out, what's an extra 100k they have to pay on your account on top of the 2 trn they have to pay for on bush's account and the 9 to 15 on obama's ?
mircea_popescu: *: ben_vulpes puts the fiat assets in lady v's name << you plan on leaving her behind or something ?
mircea_popescu: unless you credit the "here's the secret engineers hate : how a social media employed mom of three from kansas built a fusion reactor in her kitchen!" ads
mircea_popescu: which is quite why the regular beatings delivered to them by people who didn't go to school. engineering - a comparable line of work - doesn't suffer from this plague of "he's a voodoo plumber and well... his plumbing is actually better than ours"
mircea_popescu: nothing flattering about it, the military (all nations) has yet to have made a decent school. even the stuff they think is good stinks.
mircea_popescu: assbot: U.S. Hikes Fee To Renounce Citizenship By 422% - Forbes << color me the transparent color of surprise.
mircea_popescu: "Add to that the relentless radio chatter, all in Russian, which anyone who wants to can intercept, and the operation becomes impossible to hide." orly.
mircea_popescu: jurov well see, if your simile revolves around sex (and being gay is all about sex innit) then sex is best considered all around. the old "never use an item you don't see the full contours of" engineering caveat.
mircea_popescu: "Because if Russia invaded on Thursday morning, this is what the situation on the ground would look like by Saturday afternoon." sounds suspiciously like "i am a potent man, if i had raped her she'd be pregnant. is she pregnant ? no ? well then!"
mircea_popescu: law always and everywhere functioning as this device for the construction of a simplified world more or less based on the world as is
jurov: the point of contention was "this is not an invasion"
mircea_popescu: yes but the point of contention there would be that according to the russian law, there exists no such thing as a gay russian citizen
jurov: as compared to their own citizens
jurov: russian law does not concern the tutsis
mircea_popescu: jurov: asciilifeform re:orlov it's similar as russian police completely ignoring tortures of gays...if they aren't complicit actively, then it isn't massacre? << this theory is appealing unless one stops to consider they were by this token complicit in the murder of whoever many million "tutsi"s whatever the fuck that may be, happening wherever the fuck that may have happened at some point nobody cared about.
mircea_popescu: http://postimg.org/image/5mom3xh7x/ << meanwhile the wanna-be romanian msm is google advertising on my name.
jurov: but they were at least usable wherever round object was needed, with optional hole drilled
jurov: sub-units of the crown made of aluminium, true paupercoins.
The20YearIRCloud: but are the quarters GOLD PLATED?
ben_vulpes: let the permanent record permanently reflect that i permanently have no btc though despite all my best efforts to the contrary
ben_vulpes: (you can tab-complete my name to ping me, btw TheNewDeal)
TheNewDeal: Trying dig through the wot for some practice
ben_vulpes: TheNewDeal: is usagi trying to get you to do biz with him?
Anduck: TheNewDeal: sup
asciilifeform: 'Prosecutors routinely continue and relist civil-forfeiture cases and they unilaterally determine whether any documentation provided by the property owner is sufficient.'
asciilifeform: en a court reporter to transcribe these "public hearings."'
asciilifeform: 'In Courtroom 478, property owners are instructed to sign in and indicate with a checkmark on the sign-in sheet the kind of property they are there to save. The sign-in sheet lists the following categories of property: "house," "car," "money," or "gun." ... Assistant district attorneys with the Public Nuisance Task Force fully control the proceedings inside "Courtroom" 478. There is no judge, no jury, and not ev
chetty: well that kinda misses the point, but oh well
asciilifeform: chetty: it's a classic. from it comes the admonition, often repeated to 'discontented' folks there, 'shut up, sit, don't chirp'
asciilifeform: 'a sparrow flew in the winter, froze and fell down. a cow strolled by. shat out some dung, splat! - and covered sparrow. he warmed up and began to chirp. a cat strolled by, heard chirping, removed sparrow, and ate him. From this tale, three morals: not he is your enemy who plants you down in shit; not he is your friend who removes you from shit; when sitting in shit - shut up, don't chirp.' - soviet folktale.
chetty: yeah bringing the children home isn{t all that hard, zero the balance and give em a plane ticket
asciilifeform: which may well come to an abrupt end when a monkey finally receives an order to zero their balance.
asciilifeform: and those escapees who draw their daily bread from a bank account under 'international community' jurisdiction (that being all save possibly chicom & russian) are merely taking a very expensive prolonged vacation.
chetty: there is actually a place that named itself 'galts gulch', boy is that hiding :P
asciilifeform: very few of the 'escapees' seem to fully apprehend the megalomaniacal evil they're running from.
asciilifeform: folks could escape from germany in, e.g, 1939 to - usa, which put an ocean and two navies between enemy and their arse
asciilifeform: 'escape' means there's a missile battery (or, at the threadbare minimum, 24/7 death squad) standing between usg and you.
asciilifeform: correct. legal is whatever the present-day whim of usg is.
ben_vulpes: legislature surely will have more interesting things on their hands.
asciilifeform: he sues to have the cancellation voided, and then creates precedent, which will be cemented by legislature
asciilifeform: (how? only a matter of time when some idiot pays the cancellation fee and then changes his mind - like, famously, lee harvey oswald)
asciilifeform: the point can be any number of things. e.g, getting out of the range of kingdom of aztlan's field artillery.
ben_vulpes: don't outrun bear, be a less visible target than others
asciilifeform: if the place you fled to is in the habit of letting in u.s. polizei and looks away when they stuff people into a flying gasenwagen for return to gulag - what difference does it make that you paid the ransom? they can always demand a greater ransom, retroactively.
ben_vulpes: i honestly don't even see the point of expatriation
asciilifeform: plus it isn't clear that paying the 'legit' fees gets you anything in the long run. who's gonna force usg to honour the cancellations when they decide not to? the devil ?
The20YearIRCloud: ben_vulpes: low leverage on real estate bought at a value has done well in every crash in the US, including the 1930s depression era
chetty: the fees and taxes have increased a lot in the last ten years, as has the difficulty for us citizens living elsewhere, it will get worse
ben_vulpes puts the fiat assets in lady v's name
asciilifeform: ben_vulpes: afaik, there's a confiscatory asset tax
ben_vulpes: if one has more than several hundred thousand US there are more taxes than just the expatriation fee.
asciilifeform: but 'where to escape' - always, they ask.
asciilifeform: 2-3k usd is chump change for folks who can otherwise afford to escape, though
ben_vulpes: today i learned that the html date field doesn't support placeholders
xmj: that's what they said, too
chetty: <xmj> well mostly the jewish citizens, and the tax was almost 100%.// this isnt even the taxes (thats more) this is just a processing fee
BingoBoingo: asciilifeform: state of the art is probably (cloth-based) paper under inert gas. << Seems to be the case. Ink is another concern as well.
Apocalyptic: chetty, one might come to think there must be
assbot: Police, lawyer release statements on student's alleged dinosaur - Live5News.com | Charleston, SC | News, Weather, Sports
jurov: asciilifeform re:orlov it's similar as russian police completely ignoring tortures of gays...if they aren't complicit actively, then it isn't massacre?
ben_vulpes: <The20YearIRCloud> And it's hard to judge when that will be, otherwise I do believe our model hedges well against USD collapse, and any major problems << good old belief in the hedge.
assbot: ClubOrlov: How can you tell whether Russia has invaded Ukraine?
asciilifeform: http://cluborlov.blogspot.com/2014/08/how-can-you-tell-whether-russia-has.html << mega-lol
mircea_popescu: lol moving up in the world.
chetty: My dear,How are you? i am a banker in the bank, i get your contact from yahoo terrorist search.Reason,i am in need of your help as a foreigner i want to transfer an abandoned $15million to your account 40% for you while 60% for me please indicate your interest for more detail.
RagnarDanneskjol wonders why help is expected during the course of normal discussion
asciilifeform: most people, if well fed, will produce the requisite pile of shit with very little active work on their part.
mircea_popescu: yeah, well, maybe you shouldn't trust that too far then.
mircea_popescu: well, any of them actual scientists ?
xmj: all on the autistic spectrum
assbot: The "Extreme Male Brain": An Explanation for Autism? | Interactive Autism Network
xmj: But then..
decimation: interestingly the western states that are bathed in radiation from the sun & uranium from the ground have the lowest cancer rates (yes there are confounders) http://www.cdc.gov/cancer/dcpc/data/state.htm
mircea_popescu: the typical woman female being ariana huffington.
mircea_popescu: witch-finding and crime-solving and conspiracy-theories -- that really
mircea_popescu: blame, because witch-hunting is something the human brain does
mircea_popescu: want the cure now! And when we don't get it, we look for a witch to
mircea_popescu: "We all act as though we're immortal until we get sick, and then we
mircea_popescu: in other news, people living in africa get less sunstroke.
mircea_popescu: "experiment" studies people who already did live there. helpful o.O
mircea_popescu: "In one of the most comprehensive studies of its kind, researchers at the University of Colorado School of Medicine in partnership with the Harvard School of Global Health have found that people living at higher altitudes have a lower chance of dying from ischemic heart disease and tend to live longer than others."
mircea_popescu: maybe it's the tse tse
mircea_popescu: the "no pain, no gain" equation holds all sorts of critical, unexpected applications.
mircea_popescu: decimation: yeah that's a good point. I think the money is less important than the relative status, which is less important than just getting people to defer to their betters quickly << no, not quickly. painfully.
mircea_popescu: The20YearIRCloud: i've been off reading physics articles trying to grasp things and lost the conversation << should probably be the motto of b-a
asciilifeform: 'in the better-preserved command post the destruction is substantial, and the atmosphere morose - someone tore apart the machinery, and burned the cables right where they lay - from which the walls and ceiling were covered in soot.'
mircea_popescu: knew a camwhore who slept with her laptop because the one time she didn't it felt snubbed and wouldn't work right the whole day.
mircea_popescu: asciilifeform i can attest the faith healing already happens, in those sad sad caves where middle aged women huddle to stroke their collective pretending to be part of civilisation.
asciilifeform: -- lamport's 'The Future of Computing: Logic or Biology?'
asciilifeform: am is a mathematical object that can be understood through logic?'
asciilifeform: f this trend continues, we may soon see homeopathic computer repair. Perhaps it will consist of adding a virus to a program, deleting the virus, and then running the program. You may soon be able to take your laptop to a faith healer, who will lay his hands on the keyboard and pray for the recovery of the operating system. Is this the future of computing? Or can we instead build on the idea that a computer progr
asciilifeform: 'We understand automobiles. There are no homeopathic automobile repair shops, that try to repair your car by putting infinitesimal dilutions of rust in the gas tank. There are no automotive faith healers, who lay their hands on the hood and pray. People reserve such superstitions for things that they don’t understand very well, such as the human body… … Superstitions arise because we don’t understand. I
mircea_popescu: there's no distinguishing sufficiently advanced tech from magic, nor sufficiently decayed tech from faith.
asciilifeform: lol, still on the trolley even.
mircea_popescu: more like, on the cunt.
asciilifeform: i always use the term 'calmed down' for these people. starting from having played 'half life', where there is a scene of an einsteinesque white coated figure who gets an alien 'headcrab' jump on his head. it takes roots, he struggles for a while, then 'calms down' and ambles on as zombie.
mircea_popescu: but if you ever wondered why towards the end of an epoch art moves from classical to trollage... well... art is a sort of societal immune system.
mircea_popescu: society in general and civilisation in particular is predicated on making sense of the world, which readily reduces to avoiding being humiliated. this is fine and dandy until it actually works.
mircea_popescu: when she's 36 she follows the workplace rules.
mircea_popescu: when she's 16, she runs out of school (for which she risks a reprimand) and hides behind the bleachers to... kiss (for which she risks quite a lot of societal shunning)
mircea_popescu: asciilifeform consider the life and deeds of gabrielle, a buxom blonde girl.
mircea_popescu: (something needs to push rocks up in the air, and the space station too. what's needed to push them down ?)
mircea_popescu: there really isn't a "counterbalance" to libiod.
mircea_popescu: <asciilifeform> (of what? if we knew, there'd be at least a hypothetical pill.) << the public appetite for personal humiliation decays, and with it, the possibility of life.
assbot: Logged on 29-08-2014 05:11:06; decimation: the thing is, Admiral McCain probably didn't have to issue any special instructions to 'finesse' the investigation, the investigators probably all thought it would be a brilliant plan
asciilifeform: no organization in the usual sense needed.
mircea_popescu: right. this was accidental, not the result of conspiraci, ie, political organising.
mircea_popescu: and the subsequent ones didn't spread out but converged ?
mircea_popescu: where the original measurement was wildly wrong,
asciilifeform: this is why the tale should terrify people
mircea_popescu: decimation basically, it was a new immigrant vs old immigrant debate. the old guys had savings and wanted to keep them. the new guys had mortgages and wanted to get rid of them.
asciilifeform: to stretch the metaphor a bit, sometimes the moribund get a stay of execution, when the horde grows terminally fat before it can reach the capital.
decimation: mongol hordes appear on the border - giving not one wit about the current power structure - and pillage as they see fit
decimation: another answer: when power is passed to the new generation, it tends to be divided rather than concentrated - in the end the franchise is extended to every human and his dog, and no one is really in charge
asciilifeform: eventually immune system collapses, the proverbial 'eastern hordes water their horses in the rhine.'
decimation: one answer: wealth and power sow the seeds of their own destruction, in the avarice and sloth of the new generations
RagnarDanneskjol: well there must be some likely culprits
decimation: plus the chinese bureaucracy lasted for hundreds of years per reboot cycle
asciilifeform: RagnarDanneskjol: i don't regard it as a proven fact that there necessarily is a 'root cause.'
decimation: heh turdolade. yeah I guess the bureaucracy really exploded with Diocletian, but things had already been going badly for at least a hundred years
RagnarDanneskjol: what do you assume to be the root cause ascii? (besides societal mental atrophy)
asciilifeform: thus far all we know is that civilizations behave like ms-winblows boxes - encrusts with turdolade until grinds to a halt, then reboot.
asciilifeform: but to attribute death to the graveworms - is a mistake.
asciilifeform: there's not a 'ready-canned' answer for why rome bit it
decimation: asciilifeform: is the death-rattle the gridlock caused by bureaucracy replacing science?
asciilifeform: there isn't, as far as i understand, a 'fix'.
asciilifeform: it's really a typical death-rattle of the civilization.
asciilifeform: this story concerned more than a quarrel between a weirdo chemist and the whole of usg/nato 'physics'
asciilifeform: provenance << isn't about the differing principle of the proposed tester. it's about the fact experiment doesn't count if carried out wholly on apparatus constructed by a 'non-disinterested' party
asciilifeform: I don't know that they can be built << lol, anything that was built, can be built.
asciilifeform: 'free silver' << the fiat camel's nose in the american tent. not sure how to avoid this conclusion.
asciilifeform: (for nontechnical types, klotz's 'diamond dealers and feather merchants' has an excellent basic account.)
asciilifeform: re: provenance & physics thread - anyone unfamiliar with the story of blondlot and 'n-rays' is invited to read about it.
asciilifeform: plain old ruins << re: the ones pictured in linked blog. though surprising quantities of goodies in some.
assbot: Free silver - Wikipedia, the free encyclopedia
decimation: heh "The city voters—especially German Americans—overwhelmingly rejected the free-silver cause out of conviction that it would lead to economic disaster, unemployment, and higher prices. The diversified farmers of the Midwest and East opposed it as well, but the cotton farmers in the South and the wheat farmers in the West were enthusiastic for free silver. " http://en.wikipedia.org/wiki/Free_silver
mircea_popescu: asciilifeform: (how to know that schwartz (or taleb, or...) collects 'prize' rather than usg stooge with a shannonizer and irc connection - exercise for alert reader.) <<< if you recall something sort-of like that was tried, except this "major prize" approach is flawed as you explain. so, better version was tried :)
mircea_popescu: ah look, he says so the next line himself :p
mircea_popescu: asciilifeform: if ussr were alive, perhaps he'd have defected. << a fine example of why the "one world, one fuhrer" delusion of government is unproductive.
mircea_popescu: decimation: I called up NIST a few weeks ago, asked them how much it would cost to measure the phase noise of an oscillator. They said it would only cost their time, which would come to about $10k! for a morning session <<< in other words, "can only work if you have supply of bezzle dollars", ie, "only with scrip saying it's ok signed by stalin"
mircea_popescu: decimation: okay that makes sense << what he means by provenance being that if you measure in argon and he measures in xenon, it's not directly obvious what the functions look like to verify if you got the same result and quantify the eventual differences.
mircea_popescu: asciilifeform: there's always an 'imaginary particle' involved <<< in phairness, this is how physics works all through.
mircea_popescu: specifically, the "foreign interest" was putting forth gold standard to fleece the "hard working" "real" americans.
mircea_popescu: amusingly, all the "buitres" scandal in argentina today is exactly reminiscent of midwestern and californian pro-silver aggitation in the 1880s
decimation: mircea_popescu: that's true, in that case the eastern bankers were all in favor of gold (as they didn't envision some gov't bank would be able to print infinite silver)
mircea_popescu: decimation: yeah back in the early 1900's the whole idea of the 'silver dollar' was the precursor to the modern bezzle << not so clear cut, really. more like a power struggle between west and east.
mircea_popescu: The20YearIRCloud: With regards to coins, you only need to avoid the very, very limited types that are assumed to be stolen from the mint << it's only limited for now, and as a reflection of the coins actually physically found so far. as more juicy morcels make the beast salivate, they'll become less limited.
peterl: The20YearIRCloud: so now you get to hold onto bitcoins and use loans to buy houses?
The20YearIRCloud: And it's hard to judge when that will be, otherwise I do believe our model hedges well against USD collapse, and any major problems, while building enough capital and assets, should we have another downturn that we will be able to severely profit from it
decimation: The20YearIRCloud: sounds reasonable. real financial lending will not take place in bitcoin until it becomes the 'new currency'
The20YearIRCloud: hopefully between all that I'll personally be OK, but as far as the business is concerned, till bitcoin is a national currency and most workers get paid in it, it's gonna be hard for us to get truly involved in the BTC economy
The20YearIRCloud: Which is worrysome to me, but then I do have an auto-buy going through on a regular basis, so i'm trying to diversify in multiple methods - Bitcoin, USD, Silver/Gold/Coins , guns, real estate
asciilifeform: someone (mircea_popescu?) suggested that, for so long as fiat long-term credit is available to anyone, this'll be the bullet that keeps killing it until dead.
asciilifeform: The20YearIRCloud: almost certain that, given this, it doing anything but sitting on btc is a loss
The20YearIRCloud: Big thing is the terms were superior to what I expected, 5% vs 7%, and the ability to do 20yr fixed payback vs 15yr payback or adjustable rates
decimation: good job The20YearIRCloud!
asciilifeform owns a number of toys, like other people
asciilifeform: solely ones you'd consent to have transmitted by radio across the planet
asciilifeform: decimation: i trim all the border whitespace and get approx. the same 'paper' size as the original document
asciilifeform: state of the art is probably (cloth-based) paper under inert gas.
asciilifeform: BingoBoingo, perhaps, is working on the problem of building a hard disk that survives several centuries of exposure in the wilderness
asciilifeform: there is probably a 'perelman' within driving distance of where you (any you) live. but he's almost certainly surrendered and sucking state cock (and perelman no longer) - or is occupied with the minutiae of physical survival
decimation: yeah that's a good point. I think the money is less important than the relative status, which is less important than just getting people to defer to their betters quickly
asciilifeform: all the money in the world won't conjure into existence 'the rabbit out of a hat, unless said rabbit is already in the hat'
asciilifeform: point being - we don't know how to repair broken cultures. the best we know - is how to help them die.