BingoBoingo: With all of these tools, I have to wonder what the hell is on order for the second product
punkman: rewriting the build chain, building pick n place from scratch, so punk
BingoBoingo: S.NSA statements are the best
BingoBoingo: Well, this idea had been floating around in my head since the middle of last week and the recent Trilema posts offered the linguistic tools to attack this problem.
mircea_popescu: the ruminant type of thinker.
mircea_popescu: this dude sorta sits there and chats for a while, then makes a post that makes you suspect maybe he understands a lot more than he lets on.
mircea_popescu: The malpid don't have to establish that criticism of them as wrong, because they will instead insist the criticism is mean. When their favored shiny object betrays them, they will insist the criticism could not have been right as it was mean and they were doomed by some nebulous concept; perhaps they invoke "events that transpired", maybe they invoke "people were mean and that destroyed confidence in out project", but
mircea_popescu: Whereas historically a maliciously stupid idea might be contained by geography and manage to make one village suffer while its neighboring town dismissed it, the Internet allows the maliciously stupid to grow self reinforcing networks where they can oppose cognitive function together. << "oppose cognitive function together altogether" lol.
The20YearIRCloud: that's the first famous michelle that came to mind
mircea_popescu: "I'm not surprised you get along well with all the other neighbours. If you put fifty children with Down's syndrome in a room there is going to be a lot of hugging." << hawthorne should be quoted more often.
mircea_popescu: The20YearIRCloud a better looking michelle.
mthreat: mircea_popescu: michelle will be there
mthreat: mircea_popescu: if I can make it, i'll be there. Ya, just working in the afternoons right now, for a month test
mircea_popescu: they have local start-ups ?!
BingoBoingo: !up The20YearIRCloud
mircea_popescu: The20YearIRCloud i take it you don't read vexual
The20YearIRCloud: I've never met a markov chain that put reasonable responses together
mircea_popescu: mthreat by the way, you coming to that thing wed ?
mthreat: i have a theory that everyone is a markov chain, but some of us are larger chains than others
BingoBoingo: The20YearIRCloud: Vexual is a Markov Chain
Vexual: this is the part where you do something
The20YearIRCloud: You're talking about the paper size, correct?
The20YearIRCloud: I don't understand the question
mircea_popescu: BingoBoingo http://www.thedrinkingrecord.com/2014/08/04/malpidity/ lmao
The20YearIRCloud: One house I worked with sold at $155k and was over 6,000 finished square feet, came with a full granite wet bar in the basement with a walking sauna
cazalla: 75k for a house, that's just the deposit in this suburb :\
The20YearIRCloud: The last house we bought was $23k, and it is in fantastic shape - New electric, new plumbing, ~1200sf and the woodwork throughout is from 1890
The20YearIRCloud: Correct, and many don't have good credit either, most americans can't manage their money
peterl: currently US banks require a large down payment to get a mortgage, USians have no savings, therefore they can't buy a house
The20YearIRCloud: Outside of the multi-family properties we have that we haven't been able to renovate, all our properties are very nice
The20YearIRCloud: Most people I've talked to don't have the cash outlay to fix say a $4k roof when the time comes, and they make the choice of renting so someone else has to deal with it.
The20YearIRCloud: asciilifeform: in our area, the median home value is around $100k, most of the properties we have are worth around $75k or so after rehab, so they're not really bad houses. Most of our renters have small-ish incomes and they don't want to mess with repairs
The20YearIRCloud: Yes, and that's why rehab is so slow, becuase they both have families, and my preference is not to give them a income rollercoaster
asciilifeform: enlighten me re: 'rent' setup. if i recall, the properties all cost five-figure usd sums... why would anyone rent these ? (that is, who is so poor to rent vs. buy a mud shack like this, but could still make timely rent?)
The20YearIRCloud: Yes, they're fantastic. Right now we employ 2 guys full time who are doing virtually everything associated with repair/renovation
The20YearIRCloud: On top of that, i've had to make the choice between quick repairs and losing them to other firms, and giving them all the work they can handle at a slower pace. They prefer working for me over other crews, but in order to speed up the rehab time, I have to hire more people. The more people I hire without a big budget, the higher the chance of regular layoffs
Vexual: are they better?
The20YearIRCloud: The refinance is prime + 2% as a commercial mortgage to our LLC, which is a pretty decent rate. The big benefit compared to just going out and refinancing all the properties at once is that the investors essentially won't see any decreases in the small dividends that they're getting now, only growth.
The20YearIRCloud: Yeah , it's a 100k line of credit @ 5% or so and interest only payments, we use LOC to go out and buy new properties, rehab them then refinance the property to cashout the LOC
The20YearIRCloud: We have preliminary approval finally from a lender who offered us pretty attractive terms, and the setup is essentially open-ended
The20YearIRCloud: Even though I explained to them it creates liability on my end because unless what I say goes through atty review, it opens the company up to liability.
Vexual: if i was an invextor id ask when the growth might arrive
The20YearIRCloud: None do, however in this case I had a investor complain because I wasn't addressing the concerns from those individuals
peterl: I don't think the RENT forum complaints come from investors
The20YearIRCloud: Yes, in order to try and be SEC complaint, all the shares go through a HK holding corporation
ben_vulpes: quite the investors you've got.
The20YearIRCloud: At least , I think that's what they were about, one notable one was my choice of director for the HK corporation we have, and the other was complaints about a website I started 5 years ago
The20YearIRCloud: mircea_popescu: that I haven't been responding recently to all the accusations against myself and or the choices I've made
mircea_popescu: The20YearIRCloud what were teh complaints ?
The20YearIRCloud: Hoping the bank gets approval soon for us, that way we can go onto this student housing project soon
Vexual: a furious fit in the shit pit from a mick dick, trying to make her slit chink
asciilifeform: my brain popped, only fair that other folks' should also.
The20YearIRCloud: Pretty good, no complaints, everyone was excited about the news, not happy about the complaint or two I got on the forum afterwards, but then I can't please everyone it seems
peterl: ok, I'll keep digging through the logs some more
BingoBoingo: !up The20YearIRCloud
nam-shub: I know a guy who can assemble random financial transactions for consumption by the accounting community. more or less in an automated fashion. (There was a discussion prior about a b-a accountant.)
Vexual: im not trying to belittle accountants, but in my experience, there are two kinds, and you prolly need a third
penguirker: New blog post: http://www.thedrinkingrecord.com/2014/08/04/malpidity/
assbot: 2 results for 'well Ill myself out then' : http://search.bitcoin-assets.com/?q=well+I%E2%80%99ll+myself+out+then
kakobrekla: !s well I’ll myself out then
gribble: pierre_rochard was last seen in #bitcoin-assets 1 week, 4 days, 3 hours, 30 minutes, and 4 seconds ago: <Pierre_Rochard> mircea_popescu: ah, well I’ll myself out then
mike_c: another month, a clean slate. good luck managers!
Vexual: It might say Paddy, they look like rosary beads
mircea_popescu: teh managers plus all teh specialists pls to look into it make sure there's no mistakes ty.
mircea_popescu: "how you doing ? " "busy" "so come over" "oh baby i can't, gotta drop off the kid to ballet class" "so drop her off to her ballet class and come over for a ballet class of your own" "mmmmmmm okay"
dignork: thestringpuller: acquired taste i suppose
thestringpuller: yes as they tell you about how they have to pick up their kids from school soon as you fuck them during guiding light
thestringpuller: not ageist or anything, just seems to be the general pattern
thestringpuller: IRC help the brain juices move more quickly.
BingoBoingo: mircea_popescu: No, I'm takling the inflamed swollen red thing above the second D in Daddy.
dignork: +mircea_popescu | and for the conlang experts : wtf's this say ? // only daddy's cock
dignork: mircea_popescu: as an expert in nothing, the writing is "only xyz's cock" , xyz is probably a happy owner
ben_vulpes: okay so i guess move to somalia then
mircea_popescu: and for the conlang experts : wtf's this say ? http://38.media.tumblr.com/tumblr_m02mbnkHcY1r9mubdo1_500.jpg
ben_vulpes: this leads to an interesting problem for the btc-denominated tech company manager: how do i spend as little as possible on ongoing development while still keeping things up and moving forwards?
mircea_popescu: first month tho, how many businesses show a clear hundred in their first month.
gribble: Error: Something in there wasn't a valid number.
mod6: thestringpuller: what up
gribble: West of the Pesos - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/West_of_the_Pesos>; Speedy Gonzales - quando la topa chiama - YouTube: <http://www.youtube.com/watch?v=qIeT7naQO84>; Venezuelan Archives Gil's Thrilling (And Filling) Blog: <http://www.nmgastronome.com/?cat=564>
mircea_popescu: s.wol is carrying a lot of capital, but i think rather than pay dividends it's probably wider to just hold on to it for a little.
BingoBoingo: http://blogs.gnome.org/jnelson/2014/06/30/the-new-501c3-and-the-future-of-free-software-in-the-united-states/\
BingoBoingo:
public works must serve a community. Open source licensing ensures the Tools are accessible to the world. We have not found any authority for the proposition that the world is a community within the meaning of § 501(c)(3).
BingoBoingo: IRS Speak >> "
public works must serve a community. Open source licensing ensures the Tools are accessible to the world. We have not found any authority for the proposition that the world is a community within the meaning of § 501(c)(3)."
mircea_popescu: no that was the tank. hm.
mircea_popescu: what did the russians fly, Amplified Bathtub - 1 ?
mircea_popescu: no wait stuka's the wrong one
mircea_popescu: ie, one day teh nazis just scurry like rats, by noon stukas all over the sky ?
mircea_popescu: how about the way this historically worked ?
mircea_popescu: he didn't mean for him to do it himself, he meant for me to do it. da fuck are they going to do, be very butthurt ?
asciilifeform: ben_vulpes: do it to everyone, and blow the whole system << thousand prisoners, one machine-gunner. who wants to go first.
ben_vulpes: and why stop there for that matter? do it to everyone, and blow the whole system apart. similar to the autogriefing of twitter and facebook.
mircea_popescu: either that or stop believing what liars say.
ben_vulpes: should probably start spamming every public person's gmail with images off the cp list.
ben_vulpes: "Police say Google detected explicit images of a young girl in an email that John Henry Skillern was sending to a friend, the company then alerted authorities."
mircea_popescu: In the year 2054, the entire defense budget will purchase just one tactical aircraft. This aircraft will have to be shared by the Air Force and Navy 3½ days each per week except for leap year, when it will be made available to the Marines for the extra day."
mircea_popescu: there's something right about making very old representatives of failure cry on camera.
mircea_popescu: i'd rather he survives into an old old age so we can showtrial him and send him to prison pinochet style.
mircea_popescu: <ben_vulpes> smorgasbord of cultural touchpoints is the best some people can do! < < actually i think it's how you get the top marks in women's colleges.
mircea_popescu: <ben_vulpes> "In an ideal world, Kim Kardashian would have spent her life getting sport-fucked anonymously by hip-hop stars in some Bel Air mansion, ran a salon, and either died of a coke overdose or Botox poisoning." << this "ideal" world is actually the world. i dunno what this new shit the kids got going post 2000 is supposed to be, but it ain';t a world in *any* sense
mircea_popescu: ThickAsThieves> my name in Dota 2 is Bitcoin-Assets and I killed an opponent named Doge << lol let the permanent record reflect this. in duplicate.
mircea_popescu: and she dun hate the game, she hate da playa!
mircea_popescu: <ben_vulpes> honey if the rest of the world disagrees, who the fuck are you again? << she's SWAIA! Someone with an internet acct!
ben_vulpes: but that's what the world is supposed to look like. as in middle school, so in high school, college and so on and so forth.
mircea_popescu: where the fuck do twentysomething males get to mate with twentysomething females is more the question, outside of like... us collegiate lalaland.
mircea_popescu: ben_vulpes> "Where in the world (outside of Taliban-controlled parts of Afghanistan) do fifty-year old men routinely get to mate with twenty-year-old women? " oh gosh <<< everywhere ?
thestringpuller: but we hear about it a lot during the status updates
dignork: thestringpuller: how many pems did ya got? :)
thestringpuller: dignork: the firm I work for is doing SAML integration too
mircea_popescu: after all, the sec does fiat.
ben_vulpes: s/p down 3% over the month, MPOE flat.
gribble: Smörgåsbord - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Sm%C3%B6rg%C3%A5sbord>; Smorgasbord - Merriam-Webster Online: <http://www.merriam-webster.com/dictionary/smorgasbord>; Smorgasburg | A Brooklyn Flea Food Market: <http://www.smorgasburg.com/>
ben_vulpes: smorgasbord of cultural touchpoints is the best some people can do!
asciilifeform: the 'broken heart' thing reads quite like that.
asciilifeform: recall how mircea_popescu once posted some examples of spam where the spam-meister forgot to actually fill in the spam-generator 'mad libs' and posted raw form ?
asciilifeform: but that was thrown in there for the same reason as kardashian. almost like he's got a checklist of traditional american cultural markers.
gribble: The Stainless Steel Rat - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/The_Stainless_Steel_Rat>; The Stainless Steel Rat - Amazon.com: <http://www.amazon.com/The-Stainless-Steel-Rat-Series/dp/1441881093>; The Stainless Steel Rat - Goodreads: <http://www.goodreads.com/book/show/64394.The_Stainless_Steel_Rat>
asciilifeform: ;;google the stainless steel rat
asciilifeform: ben_vulpes: re: 'broken hearted' article: what a psychiatric marvel. note where he bashes his gov. for not confiscating privately owned small arms quickly enough for his liking - and then goes on with some crap about 'rage is necessary component... stop being well-behaved'
thestringpuller: and also I am an asthmatic with bad allergies. i have a feeling when I step off the plane I'll breathe like I've never breathed before!
thestringpuller: that shit is fucking dope to me. i just love the rain man, i dunno
thestringpuller: seattle is dope man. I love climates that are rainy all the fucking time
thestringpuller: because the killing has won me over
ben_vulpes: and srs - why the move?
ben_vulpes: how've you been, thestringpuller ?
gribble: http://www.urbandictionary.com/define.php?term=waterhead | The waterhead usually thinks he is the best worker and that he has a really nice smile. He drools a lot. He will try to get his nonretarded coworkers fired.
ben_vulpes: "In an ideal world, Kim Kardashian would have spent her life getting sport-fucked anonymously by hip-hop stars in some Bel Air mansion, ran a salon, and either died of a coke overdose or Botox poisoning."
gribble: Cartmanland - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Cartmanland>; Cartmanland - Full Episode - Season 05 - Ep 06 | South Park Studios: <http://southpark.cc.com/full-episodes/s05e06-cartmanland>; "South Park" Cartmanland (TV Episode 2001) - IMDb: <http://www.imdb.com/title/tt0705906/>
ben_vulpes: "But the world changed again. And kept changing. So now you’ve got this degree that’s worth fuck-all, a house that’s worth more as scrap lumber than as a substantial investment, and you’re either going to lose your job or have to do the work of two people, because there’s a recession on. Except they keep saying the recession ended, so why are you still working twice as hard for the same amount of money?"
ben_vulpes: "Gen X talked a lot about the revolution, and then went and got themselves some venture capital and started laying into place the oversaturated, paranoid world we live in now. A lot of them tried to tell themselves they were still punk as fuck, but it’s hard to morally reconcile the thing where you listen to Fugazi on the way to your job where you help find new ways to trick people into giving up their data to advertisers. Most people
ben_vulpes: this whole article is an exercise in convincing the writer that her lifestyle is right and good and that the rest of the world is Doing It Incorrectly.
ben_vulpes: "Other older men simply admit they can’t get it off with their own saggy, wrinkly peers. (This, by the way, is simply nature's way of telling them that it's time to stop breeding)."
asciilifeform: 'oh noez, the rich grey men want to fuck beautiful women, Something Must Be Done'
ben_vulpes: "Where in the world (outside of Taliban-controlled parts of Afghanistan) do fifty-year old men routinely get to mate with twenty-year-old women? " oh gosh
asciilifeform: good example of the sort of people orlov associates with...
ben_vulpes: http://cluborlov.blogspot.com/2014/08/laughter-can-heal.html "borderline pedophilic academics...sleeping with their students" << oh i see sub .8*$YOUR_AGE is now pedophilic. mhm.
assbot: The Visual Microphone: Passive Recovery of Sound from Video - YouTube
punkman: "An 8-month, $50 million investigation into MW’s allegations by TRE’s board of directors was inconclusive, largely because senior management lied to investigators, who were not able to verify a majority of the company’s timber assets."
assbot: Genome Biology | Full text | The Kardashian index: a measure of discrepant social media profile for scientists
joesmoe: pretty good, launching some more ATMs in the very near future.
justusranvier: What's Joseph David up to this time? He's the primary reason I originally started a blog. http://bitcoinism.liberty.me/2013/06/27/i-love-the-smell-of-crony-capitalism-in-the-morning/
ben_vulpes: this is the man who's trying to leverage himself into the role of canadian bitcoin regulator, after all.
ben_vulpes: <ThickAsThieves> i saw this picture of a bunch of Canadian red/white maple leaf ATMs form Cavirtex, I wonder if maybe those stockholders from Havelock might get something something outta things in the end... << a) cavirtex is desperate for profit b) doubtful havelock holders are going to get anything as they've been delisted, right?
gribble: Bitstamp | The weighted average price of BTC, 10000.0 coins up and down from the spread, is 581.65632 USD. | Data vintage: 84.6930 seconds
asciilifeform: small change for the fraud machine, though. why didn't they cancel the account of some fellow selling a truck, or a jet engine
gribble: Bitstamp | This order would exceed the size of the order book. You would buy 18913.613 bitcoins, for a total of 18863721.0835 USD and take the price to 99999.9900. | Data vintage: 0.0235 seconds
asciilifeform: mike_c: nope. the spammers sell payment mechanisms and run auction sites...
asciilifeform: 500 usd sacrificed to the spamg0dz
gribble: The operation succeeded.
ben_vulpes: ;;later tell pete_dushenski <pete_dushenski> but we're losing our voices over here << leave it to the professionals :D :D :D :D
mike_c: but germany (or other powerful entity) wouldn't get their bitcoin from coinbase, so this scam doesn't work for BTC.
mircea_popescu: random person with a coinbase wallet doesn't have all the other wires tied on germany has.
mike_c: yeah. like right now germany is mad about the US printing gold, but can't do much about it.
mike_c: ah, that makes sense. thanks. the key difference being that they can fuck with the gold price on a larger scale by "printing" gold. and this is what justusranvier was saying about coinbase, that maybe they are printing bitcoin.
gribble: Bitstamp | This order would exceed the size of the order book. You would buy 18670.792 bitcoins, for a total of 18722522.1011 USD and take the price to 99999.9900. | Data vintage: 0.0322 seconds
gribble: Bitstamp | A market order to buy 10000 bitcoins right now would take 6302846.6123 USD and would take the last price up to 665.0500 USD, resulting in an average price of 630.2847 USD/BTC. | Data vintage: 118.0073 seconds
gribble: Bitstamp | A market order to buy 1000 bitcoins right now would take 597548.5269 USD and would take the last price up to 598.8300 USD, resulting in an average price of 597.5485 USD/BTC. | Data vintage: 100.1576 seconds
gribble: Bitstamp | There are currently 16281.08 bitcoins offered at or under 1000.0 USD, worth 11260010.2607 USD in total. | Data vintage: 44.9684 seconds
gribble: (buy [--long] <amount> <thing> [at|@] <priceperunit> <otherthing> [<notes>]) -- Logs a buy order for <amount> units of <thing>, at a price of <price> per unit, in units of <otherthing>. Use the optional <notes> field to put in any special notes. <price> may include an arithmetical expression, and {(mtgox|bitstamp)(ask|bid|last|high|low|avg)} to index price to mtgox ask, bid, last, (1 more message)
gribble: Bitstamp | There are currently 0 bitcoins demanded at or over 1000.0 USD, worth 0.0 USD in total. | Data vintage: 0.0287 seconds
ThickAsThieves: http://thecoinfront.com/wp-content/uploads/2014/07/cavirtex-bitcoin-atm-The-CoinFront-your-news-source-for-bitcoin-altcoin-digital-and-cryptocurrencies-793x400.jpg
ThickAsThieves: i saw this picture of a bunch of Canadian red/white maple leaf ATMs form Cavirtex, I wonder if maybe those stockholders from Havelock might get something something outta things in the end...
mircea_popescu: anyone have handy that link to the log chart of us warplane cost ?
justusranvier: I mean the bitcoin deposits
mike_c: bitcoin deposits? coinbase doesn't hold fiat. not sure a bank would know what to do with them.
justusranvier: I don't either, actually. But they are very interested in being bought out. Suppose the company gets purchased by a bank. What will the new owners be interested in doing with that huge pile of customer deposits?
mike_c: justusranvier: i don't believe coinbase has a vested interest in large scale price manipulation. investor-mania would be great for their customer acquisition.
justusranvier: mike_c: What if Coinbase doesn't actually have all the Bitcoins their customers believe they have. They take in a great deal of USD, but how do we know they aren't operating on a fractional reserve? Until people stop leaving their coins in third-party custody, those kinds of price manipulation games are inevietable.
mike_c: i have a gut feel about why you are right, but I'd love to hear you expound on it a bit. If nefarious forces are shoveling money at BTC to suppress price, why will this fail? bitcoin is currently small. you think they just won't be able to keep it up and eventually price will explode?
mircea_popescu: but anyway, hruscev said the same. soviet russia was in the slump of all time, the dude was derping about how "according to all indicators"
justusranvier: Because telling the truth is inconvienient.
justusranvier: Of course they are in reality, but the "official unemployment rate" doesn't include them.
mircea_popescu: ThickAsThieves lmao amusingly hruschev said the same.
mircea_popescu: justusranvier they *are* unemployed.
justusranvier: Too many unemployed people? Stop counting the people who've given up completely.
justusranvier: "Since I have come into office, there’s almost no economic metric by which you couldn’t say that the US economy is better and that corporate bottom lines are better, because we control the metrics and we make them say whatever we want"
ThickAsThieves: “They always complain about regulation. That’s their job. Let’s look at the track record. Let’s look at the facts. Since I have come into office, there’s almost no economic metric by which you couldn’t say that the US economy is better and that corporate bottom lines are better. None." ~ o'bama
mircea_popescu: the beauty of this being that they aren't going to succeed, but letting them try is so god damned productive and enriching.
mircea_popescu: the gambit being that if they manage to get bitcoin price to behave like gold price, bitcoin will essentially behave like gold
ThickAsThieves: you mean the congested price?
pete_dushenski: punkman1: so that's what they do instead of getting laid
chetty: blame the brits
pete_dushenski: sorta what we're seeing with the current conflict
pete_dushenski: jooz who fell into debt were freed on the jubilee year, but not gentiles...
pete_dushenski: "undercapitalization" in economies with jubilees allowed them to last a century or ten rather than this fizz bang pop nao it's here now it isn't stuff
pete_dushenski: “It’s possible that taking physical pain relievers provides men with more cognitive resources to express the pain they feel,” << alcohol seems to work this way
assbot: The Effect of Ibuprofen That Has Nothing to Do With Physical Pain Relief (and Its Different for Men and Women) | TheBlaze.com
chetty: http://www.theblaze.com/stories/2014/08/04/the-effect-of-ibuprofen-that-has-nothing-to-do-with-physical-pain-relief-and-its-different-for-men-and-women/
pete_dushenski: zillabtc: and they all faild? << what was mircea_popescu saying about people sitting quietly and reading solving all the world's woes?
pete_dushenski: http://trilema.com/2014/критика-и-самокритика/ << quite enjoyed this. makes me appreciate the current state of affairs. and want to find some toes to suck.
pete_dushenski: mircea_popescu: well i got a condition where i can't differentiate canadian settlements. << maybe we shouldn't have colour-coded them...
gribble: The operation succeeded.
pete_dushenski: ;;later tell mircea_popescu yup, definitely mixed em up. thanks for spotting this and for the comment :)
gribble: The operation succeeded.
pete_dushenski: ;;later tell ben_vulpes oo new sizes eh? i see that survant james has already found there way into the line-up :D
gribble: The operation succeeded.
assbot: The Transition. | Contravex: A blog by Pete Dushenski
pete_dushenski: ;;later tell fluffypony thanks man. there was a whole transition and everything: http://contravex.com/2014/07/29/the-transition/
assbot: If your wedding guests throw shade on Yelp, this hotel will charge you $500 | The Verge
ThickAsThieves: http://www.theverge.com/2014/8/4/5966715/hotel-fines-newlyweds-500-for-negative-yelp-reviews
chetty: I guess they accidentally do right sometimes
ThickAsThieves: yep the political/emotional/whateverthefuck climate polarization seems to force any school of thought to require worship-like devotion
chetty: everything gets blown up into religion these days ..global warming, feminazi, PETA
ThickAsThieves: so much hope and so many ideologies are projected onto bitcoin, fantasy and theory get blurred
punkman1: ThickAsThieves: they need the Rake: "Never believe a thing simply because you want it to be true"
chetty: I generally consider it a useful mental exercise to consider the possible extremes
ThickAsThieves: in most cases, a future they may never even see
ThickAsThieves: yes i agree bitcoin is a great tool, but it's hard for people to resist the urge to close their eyes and blink into a magical future
punkman1: as an individual you may have the power to not allow the state inspector count your pigs before you sell them
punkman1: it's not bitcoin that puts the state out of business. individuals do that, perhaps empowered by bitcoin in various ways.
ThickAsThieves: yes the guy did write a decent article
ThickAsThieves: it's a thin line between the derps claiming the magic of bitcoin 2.0 and the magic of bitcoinpolitics 2.0
chetty: he should, but its not a bad start on some of the ideas
ThickAsThieves: i think Oleg should explore these things too
ThickAsThieves: is it voluntary to answer the door if men with guns are knocking?
ThickAsThieves: able to pay them a single penny." can i haz some koolaid too?
ThickAsThieves: "But as more and more businesses avoid paying more and more taxes, there is less money being left for the government. That means that extraction will become increasingly less effective and therefore allowing even more people to avoid taxation on even larger scale. This cycle would repeat until all government employees will run away to seek real jobs because their bosses wouldn’t be
ThickAsThieves: "So if you support the idea of Bitcoin, you acknowledge the hazard of entrusting the entire economy to trusted third parties. You acknowledge that the ultimate power must be spread thin among every single participant and never be entrusted in hands of a few, even if it’s a democratically elected government." Good luck with that.
assbot: Oleg Andreev - Bitcoin is not compatible with the State
BigBitz: "We've sent everyone out their $100 Wal-Mart Gift Cards, thanks Insurance"