gabriel_laddel: In the case of Nick Sabazo, one could sponsor a robotics contest for a highschool in his neighboorhood. Rules for this contest: http://web.archive.org/web/20060307220916/http://www.lucifer.com/~sean/N-FX/macro.html
gribble: http://www.urbandictionary.com/define.php?term=gas | gas. shit-flavored air. some of the most noxious is fried chicken related! that fuckin chicken gave me gas from hell! where's the air freshener? by da trick biatch ...
mircea_popescu: but honestly, it lacks a hook. so there's a group somewhere interested in things. why do i gas ?
gabriel_laddel: The girl in question should start unbottoning her shirt at the second incidence of "bitcoin" taking it off ~2 sec after finished speaking. She should then proceed to give her show. Presumably she has some skill at this, and requires no futher direction. The video itself should be free of advertising, logos, watermarks etc. and be shot with a high quality camera.
gabriel_laddel: You are hereby invited to join #bitcoin-assets. The interests of current members include: bitcoin, auditable cryptographic equipment, increasing economic inequality worldwide, non-Von Neumann architectures, etcetera. In short, we're repurposing Earth's resources for the pursuit of our collective aesthetic and would appreciate your input.
mircea_popescu: nobody can be lost quite like the king.
mike_c: buffett is the king of omaha, he can't be lost.
bitcoinpete: just like they planned
bitcoinpete: "Elliptic offers a secure, insured bitcoin service called Elliptic Vault for retailers, hedge funds, bitcoin exchanges and other companies that are trying to dabble in this new world of so-called cryptocurrencies."
bitcoinpete: mircea_popescu: lol you're going to end up with more listings than the nasdaq ;)
bitcoinpete: "The firm, which did not disclose its valuation, is something like a Bloomberg for bitcoin, aggregating data and selling products for analyzing pricing trends and other research tools to its institutional client base. Some market data is free on TradeBlock’s website."
assbot: TradeBlock Raises $2.8 Million From Andreessen Horowitz, Others - MoneyBeat - WSJ
bitcoinpete: http://blogs.wsj.com/moneybeat/2014/07/16/tradeblock-raises-2-8-million-from-andreessen-horowitz-others/
mircea_popescu: this because the market (well, the overcapitalised clueless section of it, anyway) erroneously identifies "professional" with "successful" and ultimately "good".
mircea_popescu: after the failure, the actual ceo disappeared, but antonopoulos reinvented himself as... more "professional".
mircea_popescu: of course their idea of fun was more like mba than like engineer's, but that's squarely besides the point.
mircea_popescu: i mean, all the noobs a la neobee's "ceo", alongside andreas antonopoulos were doing exactly this : implement their idea of fun at the expense of investors.
mircea_popescu: pt perhaps by mistake. He wants to do interesting engineering and produce new, cool products at the expense of his investors.
mircea_popescu: "In fact, I know of at least one company just like that. It was run by an engineer who had produced a huge success for his investors, only to see the company fall into the hands of Company B type management. So he created a new company. For years now he has sucked in more and more capital from investors who imagine he might reproduce his initial success. But it's clear (to me) that he has no intention of doing so, exce
mircea_popescu: "Company C is not really a company but a consortium organized by a group of activists who correctly perceive the great need for this widget and decide to tackle the issue head-on through tireless community organizing. A group of retired community college professors..."
mircea_popescu: speaking of which, here you go nubbins, the dangers of trying to drive a sammich : http://www.bristol-storage.co.uk/blog/wp-content/uploads/2013/12/warehouse-destruction.gif
mircea_popescu: that's fair, in the sense it's fair to represent "engineer" on the basis of kids found loitering around the campus.
asciilifeform: it's more like the popular image of 'whore' - based on the specimens one can readily observe with naked eye in american city.
mircea_popescu: the solution is to get a better wife, not to make womanhood die in a fire.
asciilifeform: mircea_popescu: the ancient 'war' between 'engineer' and 'management' comes from the 'iconography' (believed by more or less all technical folks) of 'manager' as a kind of yacht-dwelling parasitic goblin on all that is good and bright.
assbot: Orlov is wrong, and other stories. pe Trilema - Un blog de Mircea Popescu.
mircea_popescu: asciilifeform http://trilema.com/2014/orlov-is-wrong-and-other-stories/ (link in 1st note)
mircea_popescu: the idea forms that either a) they don't need management at all, which yields all the bizarre "decentralise" things trend, among others
mircea_popescu: somehow as people start to smarten up and realise how shitty us management is failing them, the idea doesn't form that they need better management,
mircea_popescu: that wasn't the disagreement.
asciilifeform: orlov, if i recall, answers 'bitcoin' with 'the net dies in $nibble years and where's your shortwave, huh. count me out.'
mircea_popescu: orlov specifically isn't here because when i pointed out to him he fucked up, his reaction wasn't the sane and natural "ow fuck me, i fucked up", but the much more common, and much more human "oh it's not really and i didn't really" and so on.
asciilifeform: when do we get a gurl reduced not only to camwh0ring, but to selling off her father's pick'n'placer. for coin.
mircea_popescu: all we need is a few ideologically aware writers, and let's hope that they have the sense to give in to the groan-y siren song of a few cam whores
asciilifeform: 'my particular narrow focus in this post is in repurposing existing industrial capacity to mass-produce items that will outlive it and that will make post-industrial life better. The way it stands, we'll have lots of very well-built weapons, not so much ammo, lots of well-built but useless industrial equipment, and lots and lots of post-consumer trash. I am trying to find ways to change that balance.'
mircea_popescu: 'What d'you mean - scheduled? What d'you think science is - a magic wand that you just have to wave to get what you want? Supposing the problem's been put in the wrong terms or new factors crop up? You and your schedule!
mircea_popescu: 'But that means that the project will have taken two and a half to three years,' said the Minister indignantly. 'And it was scheduled to take a YEAR!'
asciilifeform: inidentally, orlov swore off writing any further books re: collapse, declaring 'i've said what there is to be said.' making him, afaik, unique in that 'field.'
mircea_popescu: the rest of that article hereby incorporated, it should be a matter of record this thing.
mircea_popescu: t to pass these higher costs on to the consumers. Concerted efforts at cost containment, championed by senior management, burn up more money than they find in savings. Second, turnover among the engineering staff starts to creep up, and after a while employee retention becomes a major problem. An effort is made to boost recruitment, but paradoxically this only increases the turnover rate, until the average tenure of an
mircea_popescu: But then the troubles begin. First, given the short replacement cycle of its widget, it becomes harder and harder for Company B to contain costs while continuing to increase production. Costs of key inputs, such as certain metals, plastics, energy to run the plants, and shipping and distribution costs, all start going up, making their widgets more expensive to produce. At the same time, it becomes increasingly difficul
mircea_popescu: necessary by annoyances or missing functions within the base product). They also build a profit center out of selling spare parts. They see to it that their product does not contain any commodity parts, and that no parts are interchangeable between model years, so that every replacement part has to be purchased through a dealer. Company B does quite well, becoming profitable, doubling in size several times, and gains
mircea_popescu: They work to boost revenue by offering an extended warranty or a service plan (made necessary by frequent breakdowns), charging for premium customer service (made necessary by their normal customer service, which consists of a robotic phone maze backed by a few trainees in India who just read aloud from Company B's public web site in a listless, stuttering monotone) and offering numerous enhancements and upgrades (made
mircea_popescu: "Suppose you have a company that sets out to make a widget. Let's call it Company A. Its founders are all engineers, of an uncompromising sort, and the widget they design and manufacture is of tremendous longevity, durability and overall quality." << hey check out orlov.
mircea_popescu: (hello people reading the logs, and welcome to mp's personal engineer training hour, where he bothers people who should be doing usefulk things with the task of educating him for free. and now a massage from our sposor.)
asciilifeform: if anything, keeps it from corroding on the shelf.
mircea_popescu: it's the debug port for all that memory no ?
mircea_popescu: but my uneducated guess looking at the arrangement is that it would ?
asciilifeform: mircea_popescu: this is a concern if and only if the plug must cycle many times.
mircea_popescu: "a flashlight concerning itself with implementation details, as opposed to broad theoretical considerations"
asciilifeform: as i understand, the term originally applied to brands of optical rifle sight designed to withstand the field (water, whacking over enemy's head, etc.) vs ones that only need to survive a leisurely duck hunt
pankkake: you know, there are tactical PENS
mircea_popescu: far as i can discern this is it, the permanent mode of industry since forever, and how things sould work, and how things that work do work.
mircea_popescu: "This, then, should be the new main thrust of industrial activity: to manufacture and distribute products with the understanding that this process will run out of resources and stop. These products must be designed to outlive the process by which they are made, by as long as possible." << i can't fucking imagine why this would have to appear as new.
asciilifeform: mircea_popescu: 'why do half of them have to be tactical ?' << 'tactical', in american marketingspeak, originally meant 'can bolt to a rifle.' then it turned into 'can, if really needed, be used as a brass knuckle.' now it means something like 'looks vaguely like anodized metal.'
assbot: The politics of Bitcoin pe Trilema - Un blog de Mircea Popescu.
mircea_popescu: at which juncture i wonder if justusranvier ever read http://trilema.com/2012/the-politics-of-bitcoin/
mircea_popescu: http://girls.twistys.com/preview/dailyupdates/2014/07/08/ryanryans-31773/images/full/16.jpg << from the biology class department.
mircea_popescu: mike_c the main challenge to economy, since forever, is scalbility.
mike_c: i guess there never has been a scalable way.
mike_c: i don't know any way that scales well these days. jborkl's post was unsettling.
mircea_popescu: the cash in mail doesn't scale so well.
asciilifeform: mircea_popescu: it was a chicom die-on-pcb turd. no debug outputs; what was inside (other than clearly, a micro with state) only satan knows. so, i never learned.
mircea_popescu: asciilifeform lol the fuck was it doing.
mike_c: i'm not a big fanboy of coinbase, but i don't see how they could do it better.
mike_c: so it's an anti-scam. if the price had gone up he could have complained and gotten the better price.
mike_c: because that solves all scam problems :) (see gox, bitstamp, every other exchange)
mike_c: you mean, be an exchange. they aren't an exchange.
ThickAsThieves: why cant they allow a deposit to clear, then when they are happy, allow trading with that amount
mike_c: they do have a clearing process.
ThickAsThieves: dnt let someone make an order they cant have
mike_c: easy to scammer tag them, but how do you tell the difference between honest mistake and scam?
mike_c: but this has some truth, no? they do have to prevent fraud, and no matter what they will accidentally flag legitimate txs.
ThickAsThieves: The algorithm is always improving but is not perfect.
assbot: Fuzzy Fingerprints - Attacking Vulnerabilities in the Human Brain
ThickAsThieves: google says "The Bureau of Engraving and Printing produces 38 million notes a day with a face value of approximately $541 million. That doesn't mean there is $541 million more money circulating today than there was yesterday, though, because 95% of the notes printed each year are used to replace notes already in circulation."
asciilifeform: you get coin until he's dead. and then from his children, etc.
mircea_popescu: course, the only way people learn this is through trying.
asciilifeform: steal a coin from man, you have: a coin. steal the man...
mircea_popescu: bitcoin is uniquely unsuited for their methodology.
gribble: U.S. Bureau of Engraving and Printing - Annual Production Figures: <http://www.moneyfactory.gov/uscurrency/annualproductionfigures.html>; Facts About U.S. Money | FactMonster.com: <http://www.factmonster.com/ipka/A0774850.html>; The Fed Is Not Printing Money, It's Doing Something Much Worse ...: <http://www.forbes.com/sites/johntamny/2014/03/09/the-fed-is-not-printing-money- (1 more message)
asciilifeform: mircea_popescu: not the normal way (buy some)... << this is because their actual goal is quite independent of bitcoin. rather, it is: to own people.
mircea_popescu: the thing is that there's this large group of professional rent seekers who are trying to find a niche for themselves in bitcoin, not the normal way (buy some), nor the professional way (join bitcoin-assets) but the fiat way (politicing and derping around).
mircea_popescu: mike_c another rule is that you can't send people mail as single-image pdfs.
mike_c: one rule is you don't need the mouse to do anything
ThickAsThieves: i'm mostly ignorant to the topic
ThickAsThieves: "Most people want to make [bitcoin] accessible, they just haven’t considered it. That’s one of the problems around accessibility."
assbot: Bitcoin 'Needs to be More Accessible for the Visually Impaired'
ThickAsThieves: As an interim measure in advance of issuing tactile-enhanced Federal Reserve notes, the BEP is providing currency readers, free of charge, to eligible blind and visually impaired individuals.
asciilifeform: ('cheat-trons' were outlawed in usa - because they worked. but probably wouldn't work today - casinos monitor their own machines electronically and run bias stats)
mircea_popescu: ThickAsThieves ist's just another sympthom of inflation heating up i guess.
mircea_popescu: fucking add taking over the nation.
mircea_popescu: "As companies try to retain top employees and hit growth targets, some are ditching the annual salary review and doling out raises and bonuses several times a year."
mircea_popescu: like it's happened to the web.
mircea_popescu: which is a GREAT thing. nobody's making new "fully featured" irc clients, which then don't work,
punkman: and nobody in all these years has made a client with smart join/part hiding
asciilifeform: (note that Shannon and Thorp, who used an analogue circuit, achieved the same result in months that the 'eudaemons' took years.)
mircea_popescu: mike_c: i don't know. I guess I didn't feel like it fit the rest of his portfolio. << iirc he ended up with it as part of some other acquisition
mircea_popescu: if nothing else then because of quantum determinism.
mircea_popescu: assbot: ING: Future Bitcoin Protocol Should Include Central Bank Functions << yeah, it totally should. I'm fucking sick of having to bitchslap people like ing from the shadows.
asciilifeform: always yields a sphere << but is the progression from whatever-hedron to sphere monotonic ?
mircea_popescu: now, is this proof that the process is broadly non-positive-feedback ?
mircea_popescu: thing was made for cixi, whom i've referenced before. the process was, tumble the thing in water + garnet dust
asciilifeform: and does this vary between the extant polyhedra
mircea_popescu: entropy and bias are not exactly orthogonal concerns, but they're still at an angle here
gribble: Eudaemons - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Eudaemons>; layout: <http://physics.ucsc.edu/people/eudaemons/layout.html>; The Eudaemons' shoe computer: <http://www.wearcam.org/historical/node3.html>
mircea_popescu: this is why some prefer blowjobs while others don't.
mircea_popescu: this is like the silent/loud computer system
mircea_popescu: benkay: assbot's an interesting focal point for the WoT << didja graph it ?
mircea_popescu: what's fucking spurious are all the idiots rating on the basis of a 20 bux moneypack
mircea_popescu: us, still copying the french, centuries later.
ThickAsThieves: U.S. Treasury Secretary Jack Lew called for a crackdown on tax inversions, saying the Obama administration needs to step efforts to limit companies reincorporating overseas for tax purposes.
FabianB: ic, trying to break the record ;)
ThickAsThieves: "The North American Bitcoin Conference Welcomes Bitcoin Novices"
mircea_popescu: i don't recall what the major drawback was
ThickAsThieves: i just realized the client also allows for easy NS entry and stuff
ThickAsThieves: this is the former genesisblock blog
ThickAsThieves: “The kind of thing TradeBlock is providing is a prerequisite for smart contracts,” he said.
assbot: TradeBlock Raises $2.8 Million From Andreessen Horowitz, Others - MoneyBeat - WSJ
ThickAsThieves: http://blogs.wsj.com/moneybeat/2014/07/16/tradeblock-raises-2-8-million-from-andreessen-horowitz-others/
ThickAsThieves: yeah you can everything in the wallet
pankkake: some devs updated the namecoin GUI to help with registering domains - haven't tried it but it's admirable volunteer work :)
pankkake: http://www.opennicproject.org/ the "biggest" ICANN alternative, added namecoin .bit support
artifexd: All these new TLD's annoy me. A lot.
pankkake: the .exchange TLD seems to be available now
mircea_popescu: http://www.senado.gov.ar/parlamentario/comisiones/verExp/1918.14/S/PL << meanwhile the argentines want isps to block pronsites.
mircea_popescu: and a supervisor with the lash ready.
mircea_popescu: runaway slave must at some point be confronted with the reality that no matter how he's pretending, there's a plantation somewhere missing his dumb ass,
mircea_popescu: the unexamined life is not worth living.
ThickAsThieves: the life a man leads is punishment enough
mircea_popescu: not so much for the people who've not had a shower in a week plus and are being pushed outof the tenderloin
ThickAsThieves: coincidentally one of the pitches was from an airport
ThickAsThieves: they got ukyo in
ThickAsThieves: they repeatedly tried unloading shares
ThickAsThieves: one being the bitcoinpride tshirt guy
ThickAsThieves: in case any of you remember the SatPok lulz
mike_c: assbot seems to have this figure out these days
mircea_popescu: you just picked the other part because you mismanaged your book and are now overexposed to the pits. just like any other young, bright, ambitious GS fundboy.
mircea_popescu: translated in normal speak that's "omfg we're losing it across the board here."
mircea_popescu: anyway, for that matter, the big part in there is "didnt generally view asset prices as excessive".
mike_c: benkay: nice pic. is that the last fed meeting?
mircea_popescu: of fucking course. they have no tools and the job alloted is in principle not doable anyway.
mircea_popescu: what, you're telling me because the us as a whole is in freefall because pretty much any field you look at consists of people given tasks they can't do with tools that can't do them ?!
mircea_popescu: but anyway, this was the fundamental argument of the euroskeptics as to wtf is wrong with the euro : replacing twenty cbs with just one merely further exacerbates the centralisation problem
mike_c: that won't cool biotech, it cools everything. they have no sector-by-sector levers.
mircea_popescu: obviously what's funding them.
mike_c: not like fannie mae is funding them.
mike_c: and the central bank will do what about "overheated biotech"
mircea_popescu: when people were bitching that greenspan was "asleep on the job", da fuck do you think they meant ? housing overheated without him realising it.
benkay: mike_c: <dub> http://thegeekiary.com/wp-content/uploads/2014/07/10514163_10153083113518569_5085828363159786149_o.jpg
mircea_popescu: this is pretty much the #1 job of the central banker : to evaluate which sectors are overheating and which are underheating, and to try and bring equal heat somehow.
mike_c: i didn't realize they were handing out stock picks.
mircea_popescu: mike_c it's the central bank, kinda its job to broadly value all sectors.
mike_c: who put the fed in charge of valuing biotech firms?
benkay: the Fed said that while it didn’t generally view asset prices as excessive, valuations for social media and biotechnology firms “appear to be stretched,”
assbot: IBM is building a cloud system in Egypt and will train 100 companies in the region | GeekTime
benkay: http://www.geektime.com/2014/06/23/ibm-is-building-a-cloud-system-in-egypt-and-will-train-100-companies-in-the-region/ // hm no mobile boom over there yet? still getting on the cludwagen?
asciilifeform: aha, them.
mircea_popescu: asciilifeform given the comutative body made out of popkids and 30yo unemployed postdocs,
gribble: http://www.urbandictionary.com/define.php?term=dudebro | Dude bro's are incredibly insecure in their manhood, which makes them: insanely jealous of their girl friends, overly macho, and laughably homophobic.
mircea_popescu: the feminist is not interested in any positive goal as much as she's interested in "fucking up" the dudebro.
mircea_popescu: people, in general, alone as well as in groups, have one thing on their mind : how to fuck other people in the ass.
mircea_popescu: welcome to the free market.
benkay: demand goes down because prices will be lower tomorrow, which exacerbates the supply problem as nobody can unload goods at a profit?
benkay: oh man it's too early for me to reconcile the inflation nooz with the steel production glut nooz http://blogs.wsj.com/chinarealtime/2014/07/16/pain-spreads-from-chinas-excess-production/
gribble: http://www.urbandictionary.com/define.php?term=The%20Smashing%20Narwhal | Apr 10, 2009 ... ... brute bulldog bumbercar butterfly cowboy cradle cross dancer deck chair deep impact stick making a delight doggystyle postion appearing to ...
mircea_popescu: but by now i just can't summon teh interest on the basis of looks for crying out loud.
mircea_popescu: nubbins` i used to, when i was younger and less experienced, i'd see a pretty thing in the street, send the guard to tail her find out where she lives. this resulted in lulziness on more than one occasion.
nubbins`: find out when your neighbour DOES leave the house, and then see what debauchery they get into
mircea_popescu: then again i guess sexual deviancy is born out of psychological issues, not a disregard for social norms in the quest for personal enjoyment. nttawwt
mircea_popescu: it'd seem if you go to all the trouble to dress up like a circus freak, except permanently, you'd better be very very much INTO circus.,
mircea_popescu: so fucxking weird, because in my heteronormative cisscum patriarchical view of the world,
nubbins`: not just belgians on the ground!
nubbins`: i wonder if somewhere there's a girl named R'Wanda
mircea_popescu: i bet the van buren boys could kick cfh's ass.
mircea_popescu: what, they have streets in minnesota ?
mircea_popescu: like a blog where lulzy stuff is detailed. "The Shirts Story". "How BFL Delivered and BitBet ripped off its users"
gribble: http://www.urbandictionary.com/define.php?term=CFH | The CFH is a hardcore street gang that originated in the Wayzata/Plymouth area in Minnesota. The gang is identified by the color green. The main ri...
nubbins`: i tell ya, these people
nubbins`: but seriously though, the guy bought WAL-MART BRAND t-shirts
benkay: the man seems to know something about retail
benkay: strikes me as a coca-cola play: the machine will be around forever, selling crap to the lcd. closest thing to a perpetual annuity one can hope for by my read.
mike_c: i don't know. I guess I didn't feel like it fit the rest of his portfolio.
nubbins`: so now i've got a job where some guy paid literally double the cost for his blanks, and they're fucking wal-mart brand
nubbins`: (answer: they wouldn't)
nubbins`: except that's fucking retarded because why would a retail store sell shirts for cheaper than a silkscreening business can get them in bulk
nubbins`: man, occasionally we get a customer who has the brilliant idea of saving a few bucks off their order by providing their own shirts
pankkake: by the way, Bernankoin's supply is regulated by demand already
nubbins`: or, put another way
nubbins`: pankkake will your sandwich be allowed on the highway? ;(
gribble: The operation succeeded.
punkman: maybe if you incorporate there
xmj: Does any US bank provide accounts that can be opened through the Internet?
gribble: Ol' Dirty Bastard - Brooklyn Zoo (HD) Best Quality! - YouTube: <http://www.youtube.com/watch?v=JszWAP8wVvU>; ODB- Brooklyn Zoo Video - YouTube: <http://www.youtube.com/watch?v=kcsEop0NPGM>; Brooklyn Zoo - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Brooklyn_Zoo>
gribble: Prospect Park Zoo: <http://www.prospectparkzoo.com/>; Brooklyn Zoo NY - Home - BROOKLYNZOO NY: <http://brooklynzoony.com/>; Brooklyn Zoo - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Brooklyn_Zoo>
Vexual: ill pay another 2 later
assbot: 2pac Ft. Bill Withers & B.I.G - Lovely Day Remix - YouTube
assbot: VERBS - FEELINGS GETTING IN THE WAY - YouTube
punkman: kako needs to crack the whip
punkman: assbot's getting lazy, fucking off for hours every other day
pankkake: nubbins`> i think that a car is too expensive, i would rather purchase a sandwich <= it's much worse, it's like "I can't purchase a lamborghini, so I will buy a tricycle"
KRS-1: alright slut..i'll be back on in about 10-12 hrs maybe I'll see you then..
Vexual: i was gonna ask you the same thing
assbot: Bashy ft. Dot Rotten, Black The Ripper & Lady Leshurr - Heart Of Stone [Music Video]: SBTV - YouTube
Vexual: ;;rate +1 danielpbarron avoids the past
benkay: but excellent point. way to dilute the wot, mircea_popescu.
benkay: really highlights the -assets group vs everyone else
benkay: assbot's an interesting focal point for the WoT
gribble: Currently authenticated from hostmask Rassah!~quassel@2601:a:f80:551:cca8:730f:58b3:a3d. Trust relationship from user benkay to user Rassah: Level 1: 0, Level 2: 1 via 1 connections. Graph: http://b-otc.com/stg?source=benkay&dest=Rassah | WoT data: http://b-otc.com/vrd?nick=Rassah | Rated since: Fri Jun 3 23:49:22 2011
gribble: (later tell <nick> <text>) -- Tells <nick> <text> the next time <nick> is in seen. <nick> can contain wildcard characters, and the first matching nick will be given the note.
gribble: Error: There is no command "later".