mircea_popescu: the mining mogul uses up coal to make money.
mircea_popescu: maybe we're disagreeing on the point where you cut the space of externalities ideologically and pretend like it ain't so.
Pierre_Rochard: we are disagreeing on semantics then, because to me spending:investing::consumption:business
mircea_popescu: all economy is pouring fluid from one vessel to the next.
thickasthieves: well they are called nonprofits for a reason
Pierre_Rochard: they consume capital, I’ve always thought of “business success” as creating capital
thickasthieves: they are a loss?
Pierre_Rochard: I wouldn’t describe the wealthy heiress who is very busy organizing charity galas to be a “business success” - however much she’s “doing things”. Her business is structurally running a loss
mircea_popescu: Pierre_Rochard but business is doing things, no other definition really works.
thickasthieves: <+mircea_popescu> course from what i hear they've been skimping on the catering. // what, dollars grow on trees?
Pierre_Rochard: mircea_popescu I think that widens the definition of “business” a bit much. being the accountant that I am, I always look at that net income line. perhaps to my detriment
mircea_popescu: and whcd is just a little pork, take all these famished kids and serve them a proper meal once a year is the idea.
Pierre_Rochard: WHCD stands for White House Correspondents Dinner, where journalists go to pretend like they’re doing shit
asciilifeform: mircea_popescu: mocsny had other interesting quirks. he was, for instance, ideologically opposed to driving car (pollution!)
mircea_popescu: she's a pretty girl, she's ambitious, she's for some reason chosen to fuck herself over the mocsny way.
Pierre_Rochard: mircea_popescu: apprenticeship system broke down due to minimum wage at the low end, and college at the “high end”
thickasthieves: "The Chamber of Digital Commerce announced itself on Saturday at the North American Bitcoin Conference in Chicago. The group is registered as a 501(c)(6) nonprofit, which allows it to act as a lobbyist, and is being led by Perianne Boring, a former journalist and Congressional staffer. It has early backing from RRE Ventures and Tally Capital, which are leading a seed-round of fund
kakobrekla thinks the bus leads to railway station.
decimation: He remembered having seen several trucks like this today in various parts of Moscow. Taking out his notebook he wrote with his dark-red fountain pen: 'Now and again on the streets of Moscow you meet food delivery vans, clean, well-designed and hygienic. One must admit that the city's food supplies are admirably well organized.'"
decimation: "Buffeting its load of tightly packed bodies, the gaily painted orange and blue truck drove on through the streets, passed a railway station and stopped at a crossroads. There, halted by a traffic-light, stood the dark-red car belonging to the Moscow correspondent of the Paris newspaper LIBERATION, on his way to a hockey match at the Dynamo Stadium. On the side of the van the correspondent read the words: MYACO. VIANDE. FLEISCH. MEAT.
decimation: At the end of "the first circle", the prisoners are being removed from Mavrino in a vehicle disguised as a meat truck:
kakobrekla: you mean the wagen.
decimation: "we have to accept that we can't give real entropy to those that need it, so shut up and get on the bus
decimation: asciilifeform: re: linux on /dev/random "To me it sounds from your description that you may well be on the edge of "too anal". Real life _has_ to be taken into account, and not accepting entropy because of theoretical issues is _not_ a good idea"
Pierre_Rochard: Agreed, I suspect the people who respond to bloomberg surveys are a few layers below “financial elite”
mircea_popescu: Pierre_Rochard i wouldn't hold anything bloomberg says against the "financial elite".
thickasthieves: the poll is from January
assbot: /dev/random (H. Peter Anvin; Theodore Y. Ts'o)
Pierre_Rochard: 55% of the ‘financial elite’ believe Bitcoin is “Already a bubble”
BingoBoingo: Ah yeah, Why the connected car shouldn't be
asciilifeform: BingoBoingo: still pales in comparison to the mp3 CAN bus hack: http://www.itworld.com/security/139794/with-hacking-music-can-take-control-your-car
asciilifeform: (before anyone asks - no, i have not the faintest idea whether norman yarvin is a relative of curtis)
assbot: Intellectual and Practical Foolishness: The Precautionary Principle « Roy Spencer, PhD
chetty: http://www.drroyspencer.com/2014/07/intellectual-and-practical-foolishness-the-precautionary-principle/
mircea_popescu: there
assbot: Joshua Bell playing violin in DC Metro Station. Please Stop and Hear the Music!!! - YouTube
princessnell: they can't identify a maestro for a mendicant https://www.youtube.com/watch?v=UM21gPmkDpI
princessnell: ya well, in the us instruments are relative, maaan
mircea_popescu: and no re the pipers.
mircea_popescu: princessnell: o endogeneity. hookers/porn/sexbots lower cost for men of lacking power. good for high power males, high time preference women. negative externality for most others. increases pressure for neotenized males, masculinized females. <<< precisely.
mircea_popescu: "But what made Google successful as the worlds preferred search engine was not great community or shibe memes or aggressive marketing on Twitter." << orly.
mircea_popescu: i get more for .1 a tit for crying out loud. wasn't the usg supposed to be like rich and powerful and whatnot ?
mircea_popescu: one'd hope teh us propaganda drive to support their braindamage will collect better heads than the twinkletoss twins and nautilus coin guy.
mircea_popescu: princessnell: As the creator of a digital currency, I..." << derp's never ending quest for relevancy.
princessnell: thickasthieves v heavy on the propagandaspeak
asciilifeform: pankkake: 'the average number of cocks is one half'
pankkake: a fiat currency will disappear in 27 years on average. So, if you live outside the US […] the currency you use in your daily life will likely go away in 27 years
princessnell: o endogeneity. hookers/porn/sexbots lower cost for men of lacking power. good for high power males, high time preference women. negative externality for most others. increases pressure for neotenized males, masculinized females.
fluffypony: and he "created" NautilusCoin (read: someone else did the work)
thickasthieves: <+princessnell> "As the creator of a digital currency, I..." /// wtf is this, major media shilling alts day?
bitcoinpete: fluffypony: or "I’m not “hyping” these coins. These are advancements in cryptocurrency that not many people have noticed yet."
fluffypony: "I think money is exactly the same. I don’t think consumers will care much for the community their coin has; they will care about the algorithm. Or, more accurately, they will care about how the coin performs (mining cost, speed, security) because of that algorithm."
fluffypony: that's David Seaman doing the pump
assbot: How NautilusCoin could change the digital currency marketforever
asciilifeform invites anyone who knows some other kind of haiku to substitute that.
asciilifeform: mthreat: haiku << 'If only we might fall / Like cherry blossoms in the spring / So pure and radiant !'
princessnell: "As the creator of a digital currency, I..."
kakobrekla: i just like the pics.
asciilifeform: mathematics, systemantics, chumpatronics, polemology, psychoceramics.
bitcoinpete: mircea_popescu: hey everyone that is awake : please put in a list of five words that you'd estimate are the key terms for [your interest of] b-a << history, finance, philosophy, digital security, bitcoin
thickasthieves: i should do $500/seat L2Bitcoin seminars for the local mexicans and guatemalans
asciilifeform: chetty: if fedex could leave usa to the mice and roaches, now would probably be the time. but don't hold your breath waiting for this.
mircea_popescu: but yes, i daresay that i'd still chat up women in the andes. wtf do i care about survival anyway.
asciilifeform: mircea_popescu: women also aren't food - but the proverbial airplane crash castaway might beg to differ.
mircea_popescu: as the weirdo ages and frustration builds, this distinction becomes less readily accessible. nevertheless...
mircea_popescu: which is really where the problem starts. overactive sex drive makes kids misrepresent the facts of the matter : it's true that women make for convenient release, but it's not true that's what women ARE.
mircea_popescu: it's roughly the equivalent of "callin it"
mircea_popescu: los_pantalones there's this derpitude tradition where noobs claim firstbiggest first to be one day biggest.
mircea_popescu: asciilifeform i think there's a space between arguing that nobody should bang head against wall and arguing everyone should be god.
asciilifeform: mike_c: i vaguely recall some joker who wrote a complete 386 pc emulator in about 1k of perl. that's the kind of thing being spoken of, i think.
los_pantalones: these count
los_pantalones: you are also thinking of the word "platform" too narrowly
los_pantalones: that is just their claim
asciilifeform: 'Do you also lecture people with Down's Syndrome on how they could learn to write 10,000 line Perl scripts if they just take it one step at a time? For some things there seems to be some minimum takeoff velocity.'
thickasthieves: i thought the rest were real exchanges
los_pantalones: so there are many
thickasthieves: whatever they it is
los_pantalones: what is the current market rate?
thickasthieves: it's like the only biz that fits that description, no?
thickasthieves: "What is Coinbase? Coinbase is the world's largest platform for buying and selling bitcoins for US dollars at the current market rate."
asciilifeform: the notion that every male of the species can turn into mircea_popescu by effort of will is, at the very least, misguided. i catch quite a bit of crap for insisting that virtually everyone can, e.g., learn mathematics - so i sympathize. but it's still mistake.
asciilifeform: mircea_popescu: it's almost like you read a guide to survival in the arctic, and said 'wtf is this nonsense, just take compass and march south'
mircea_popescu: why not just relax and enjoy the fact that you CAN chat up women.
asciilifeform: let them eat cake?
mircea_popescu: there's nothing more pernicious to the mind than its ability to construct self coherent if spectacularly wrong representations.
mircea_popescu: "I don't think an average man can pursue women effectively if he is primarily thinking about how good sex will feel when he gets it. That just isn't the right mindset when a man has to chat up dozens of women before he finds one with whom sex is a reasonable possibility." holy shit, with what woman is sex not a reasonable possibility ?!
chetty: <mircea_popescu> in short, it's not just the poor man's idea of what being rich is like that's wrong.//a lot of rich dont seem to have much of a clue either
asciilifeform: the poor man's idea of 'rich', combined with industry, is how we get trambo.
mircea_popescu: "By the first time I had "sex" (depending on how you define it, since I took things in stages) I had already endured years of frustration and humiliation of an intensity that I don't think I can properly put into words." a ok.
mircea_popescu: his idea of how to get there is similarly borkted.
mircea_popescu: in short, it's not just the poor man's idea of what being rich is like that's wrong.
asciilifeform: mircea_popescu: you're not in the market for a trambourghini, either, as i understand.
mircea_popescu: if sex robots were widely available today, i'd prolly still not use them. (for that matter, indiancandy is a sex robot, not terribly expensive - a good server costs more than what she would)
asciilifeform: drool, unfortunately, is the correct explanation for a number of things.
CoinFire: Thanks for the invite! :)
asciilifeform: mircea_popescu: as i understand, he was discussing why the robots are inevitable from a market standpoint (there are quite a few paupers, and they all want wheels. so we get trambourghini.)
chetty: munchcins vs the harlem globe trotters basketball anyone?
mircea_popescu: consider, "sex robots so poor guys can have the same shit as rich guys" ?!
asciilifeform: mircea_popescu: mocsny wasn't pushing for mixed footraces, so much as torturing some bozo who was obsessed with the 'injustice of exclusion'
mircea_popescu: there are very few fields where women / men competition doesn't look like a squirrel trying to fight a raccoon.
asciilifeform: if i remember, these folks don't go the pure squatter route, but actually make contact with megacorps and their lead marketing monkeys
mircea_popescu: f women's sports, the greatest affirmative action program in existence (a woman can win a gold medal at the Olympics despite a performance that might not even qualify her for the men's event---but despite her inferior performance she wins the same medal as the men's winner)."
mircea_popescu: "The sporting press is awash in liberal themes these days: the "underrepresentation" of African-American head coaches in professional football (nobody seems to object to the astounding overrepresentation of African-American players); the terrible injustice of private golf clubs refusing to accept women as members (funny, it's not a problem if Lady Victory Fitness Centers exclude men); and of course the whole business o
mircea_popescu: asciilifeform kinda poorly researched tho you know ? the 5mn domain names that were finally abandoned recently were a failed exercise in exactly this
asciilifeform: now the interesting part. as i recall, the company in palahniuk's comedy actually exists...
mircea_popescu: for you know... down there.
mircea_popescu: about on par with toyota naming their prius replacement Toyota Pizda.
thickasthieves: and the word works
mircea_popescu: do they offer on-site cointraception ?
asciilifeform: 'I ask him, Why sometimes not? The way this works is we copyright every conceivable combination of words, Greek words, Latin, English, what-have-you. We get the legal rights to every conceivable word a pharmaceutical company might use to name a new product. For diabetes alone, we have an inventory of one hundred forty names, he says. He hands me stapled-together pages from out of his briefcase in his lap.
asciilifeform: oducts that are still in development, he says. And that includes you. ... Were a total concept marketing slash public relations organization, he says. Our job is to create the concept. You patent a drug. You copyright the name. As soon as someone else develops the product they come to us, sometimes by choice, sometimes not.'
asciilifeform: 'Just name a disease, he says, and we have a cure ready for it. ... The pills for AIDS look just like the pills for cancer look just like the pills for diabetes. I ask, So these things really arent invented? ... Of course theyre real, he says and plucks the first two bottles out of my hands. Theyre copyrighted. We have an inventory of almost fifteen thousand copyrighted names for pr
asciilifeform: 'just_mice' << hypothetical future electric rodent shop
mircea_popescu: indian cooking pronz. "oya baby, put it on the cumin side."
kakobrekla: i guess if i make my surname justin, then i can have case and time for kids.
mircea_popescu: sir Case the Just
mircea_popescu: o look, mike_c bought the just dice brand and merged.
kakobrekla: sahtup you are ruining the joke.
kakobrekla: at some point ill +m the chan so we can all take a break.
CoinFire: LOL That is awesome. Certainly trying to be all over them. Granted that involves virtually no sleeping ever.
mircea_popescu: people saying you're like on top of the scoops.
pankkake: I'm a fan of just using the default browser font (just use "sans-serif"). assuming most platforms have one that is not ugly.
chetty: whatever happened to just over ride the site css with your own font?
mircea_popescu: hey there CoinFire
fluffypony: that font needs to be stabbed in the face
CoinFire: Then literally two days later, a church. I just head to shake my head.
fluffypony: the only font worse than Comic Sans and Papyrus is...Curlz
CoinFire: Do people still even use Papyrus? That was something I asked myself recently then I saw a hair salon had it as a giant window sticker and was just like UGH
pankkake: "Raleway"? I don't have it, so that's why the website looks nice to me
fluffypony: Papyrus, then?
CoinFire: LOL fluffypony the doge community would enjoy that.
CoinFire: Any fonts you would rather see?
CoinFire: I'll agree thickasthieves on the font statement. I am likely going to try and get that changed this week. Another thing on the list of things lol. I find it hard to read on my iPad so it has to change :)
CoinFire: They've sent me some stuff and I've been waiting further confirmation from the insurance company. We will see how it plays out and if I learn more I will most certainly be updating things and posting a new entry for everyone :)
thickasthieves: i liked the coinjelly stuff, i noticed they wanted to talk privately, did anything come of that?
pankkake: replace the battery! oh, wait :p
CoinFire: Fighting with my MBP at the moment which is refusing to charge LOL.
thickasthieves: you seem to be on top of things, been reading since the SR auction
CoinFire: Thanks fluffypony Was working on the WoT stuff but likely going to have to finish it a bit later ;)
thickasthieves: lol the WSJ writer wrote back to me "thanks for your thoughts"
Vexual: *theey're cheap
thickasthieves: ah so that's their niche?
thickasthieves: who the fuck buys dell
thickasthieves: love how all the dying internet boom businesses are embracing bitcoin
mircea_popescu: you know how to work the ropes!
mircea_popescu: chetty: desperate for news? << no, desperate for "alternatives". and they'd better fucking find some, because I will fuck up with their careers.
mircea_popescu: thickasthieves: http://log.bitcoin-assets.com/?date=18-07-2014#760791 << the funny thing there, of course, is that "organised crime" simply means "any power structure that's not us".
mircea_popescu: pankkake: if taxes were simple, people would realize how much they pay << this lol.
mircea_popescu: than what language is fucking intended to be (a control tool directed towards the environment)
mircea_popescu: because i suspect maybe this conceptual harness works more like a control tool directed towards the user
mircea_popescu: is it ghetto and unprofessional to not care what the feminists have to say ?
gribble: Regular expression - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Regular_expression>; Regular-Expressions.info - Regex Tutorial, Examples and ...: <http://www.regular-expressions.info/>; RegExr: Learn, Build, & Test RegEx: <http://www.regexr.com/>
gribble: Dividing by Zero - Math is Fun: <http://www.mathsisfun.com/numbers/dividing-by-zero.html>; Math Forum: Ask Dr. Math FAQ: Zero to Zero Power: <http://mathforum.org/dr.math/faq/faq.0.to.0.power.html>; Zero to the Zero Power -- Math Fun Facts: <https://www.math.hmc.edu/funfacts/ffiles/10005.3-5.shtml>
thickasthieves: this wil help the cause
mircea_popescu: point is, if mpex isn';t fine outside of everything that currently exists on the web, mpex isn't fine
mircea_popescu: i'm sitting here building a system that exists to beat into submission the us congress and it all depends on whether google delists me or not.
mircea_popescu: i'm not sure ghetto is the word.
Vexual: ghettos the formulae
assbot: MPEx, the Bitcoin securities exchange.
mircea_popescu: thickasthieves it wasn't really ever intended to do much as "the website"
empyex: mircea_popescu: Proxies: ".. running a final swathe of test-all-the-edge-cases .. mpex should be back this weekend. also fabian is pretty cool." MPEx-Status: Error reaching trade engine (change: $proxies <newlist>)
mircea_popescu: $proxies ".. running a final swathe of test-all-the-edge-cases .. mpex should be back this weekend. also fabian is pretty cool."
empyex: FabianB: Proxies: ".. running a final swathe of test-all-the-edge-cases .. mpex should be back this weekend." MPEx-Status: Error reaching trade engine (change: $proxies <newlist>)
FabianB: $proxies ".. running a final swathe of test-all-the-edge-cases .. mpex should be back this weekend."
mircea_popescu: anyway, the gpg blob from the engineer in charge was so long this morning i thought at first he's gonna kill himself and is sending me his life story.
mircea_popescu: ok so re mpex : the best news, really. the whole shebang is deployed and actually works, as best as anyone can determine. running a final swathe of test-all-the-edge-cases which i expect to pass 100%. bar some improbable unforeseenness, mpex should be back this weekend.
Vexual: at least he's not spammin the chan with hewtube
thickasthieves: i wrote to the WSJ author to explain that he is shilling
thickasthieves: 'The central bank said the name of the virtual currency resembles the English translation of Česká koruna, the official Czech currency, and therefore was “unfortunate and misleading.”'
pankkake: there have been many auroracoins
thickasthieves: why WSJ gives these scams attention, no idea
assbot: BitBet - And Then There Was One :: 7.59 B (56%) on Yes, 6.04 B (44%) on No | closing in 3 months 4 weeks | weight: 33`064 (100`000 to 1)
thickasthieves: "In a legal market, retail producers and sellers should possess an advantage over the black market," Paul Armentano, deputy director of NORML, said in an email. "They should not be placed at a disadvantage because of the need to comply with unnecessary regulations or egregious taxation."
thickasthieves: i'm not sure they wont provide, but they obv have their priorities set to getting dat bitcoin now
Vexual: selling somet you can;t probide is theft where im from
pankkake: so it's another maidsafe?
Vexual: ghash w/o the mining?
Vexual: or blatant theft?
thickasthieves: basically you buy credits with bitcoin, then in a month the price for credits plummets when people realize how expensive it is in bitcoin
assbot: Storj - The Crowdsale
thickasthieves: i got the vinyl
thickasthieves: there're several cool songs on it
thickasthieves: Vexual, you heard the new Freddie Gibbs?
thickasthieves: Save The Wheels
thickasthieves: "Seventy percent of respondents stated that they had received a regulatory visit which focused on KYC"
thickasthieves: "Despite increased investment in transaction monitoring systems, satisfaction has declined. Although transaction monitoring systems continue to represent the greatest area of AML spending, it appears that regulatory requirements are still outpacing system improvements"
thickasthieves: seems the industry is mostly focusing on automating
thickasthieves: http://www.verisconsulting.com/documents/brochures/the%20global%20cost%20of%20anti-money%20laundering%20compliance.pdf
thickasthieves: "Some might argue that developing economies cannot afford to be too selective about the sources of capital they attract. But postponing action is dangerous. The more it is deferred, the more entrenched organised crime can become." This is from a pro-AML article, but it's interesting if you take it out of context to mean any entity (incl government)
pankkake: I can tell you most Frenchies have no idea they pay >50% a year, yet do
pankkake: if taxes were simple, people would realize how much they pay
thickasthieves: maybe they should simplify taxes
chetty: much of the real burden of these compliance costs will fall on those least able to afford it, while those intent on finding their way around it will do so.
chetty: well all the kyc and aml rules make it harder for people to get 'banked' (not saying thats a bad thing)
chetty: should be a good topic with all the good(bad) examples of what goes wrong with bad law, everything from prohibition to the drug war
thickasthieves: is there any good writing on why money laundering shouldnt be illegal or similar ideas?
pankkake: they're Regulated, thus can do no wrong
Vexual: what about the state licensed taxi drivers?
jurov: they shoud start to abduct kids, too
Vexual: shit, the world really is cukoo
thickasthieves: Can Rudy Giuliani Rescue Uber? The ridesharing app’s drivers have variously been accused of rape, kidnapping, and abuse. Now it’s bringing in the former New York City mayor to audit its background check process.
thickasthieves: http://www.npr.org/blogs/health/2014/07/17/331737485/young-scientists-say-theyre-sexually-abused-in-the-field
chetty: thickasthieves, its just more muricans digging their own grave
thickasthieves: i was hoping mp would write something up on the matter
chetty: but they splash a lot going down
dub: they are increasingly irrelevant and, god willing, wont be around much longer anyway
chetty: <dub> so don't transact wiht americans?//thats about the size of it
assbot: The Role of Bitcoin as Money - Money and State
dub: vorhees is tool and what the fuck i swrong with that font?
Vexual: they'll learn
pankkake: both reddit and bitcointalk though regulation will be here to help them
madeline: that's a great article, or "reflection" rather... thanks for sharing
assbot: Comcastic service disconnection by ryan.block on SoundCloud - Hear the worlds sounds
mircea_popescu: madeline http://trilema.com/2013/the-stuff-all-good-conspiracy-theories-start-with/ start there
madeline: because it's the middle of the night where i am... so i assume you're at least half a planet away
chetty: many of the people here have met at various conf.
Vexual: shit it's hotter there than here pankakke
fluffypony: I've gotten semi-sober with xmj at the Depeche Mode bar in Tallinn, Estonia
madeline: *do any of you know each other in real life?