Guidance : There Is No Such Thing As Bitcoin Taint.
Theory
First off, I do understand why you would think there is. Honestly. You're used to a certain system, you grew up in a certain system, you expect the trappings of that system anywhere you go.
Ever gone camping, fishing, hiking, and turned your eyes looking for the faucet or power outlet or wifi modem lights or whatever ? Sure, rationally you know and understand that you're in the bellybutton of fucking nowhere, and there never was and never existed such a thing as you're looking for within a hundred miles. Nevertheless, at some level, your brain expects that faucet. What do you mean nobody has ever laid a hundred miles of pipe/cable/bacon trails all the way to right over here ?! Impossibru!
You're in Alaska, they never had tornadoes there, they never could have tornadoes there. Nevertheless, you grew up in Nebraska, and even today your eye sort-of expects that cloud over there to turn into a sucker any moment now. You're in a one man capsule flying through space on a one man mission that will end with your life, as no landing or returning to Earth was ever planned ? That's fine, but if you were violently and unpleasantly raped in your youth you're still thinking you perceive someone coming at you right past that corner. What corner, in a one man capsule ? That one!!!
It's just how the human mind works.
Second off, fungibilityi is the most important property of any medium of exchange. As a working medium of exchange is the most important guarantee against stupidityii, and as socialism is nothing but stupidity, obviously it then follows that the chief business of socialism would be to attack fungibility.
Which is exactly what happens in the world today. The AML bullshit is quite plainly, and quite tiredly, an attempt to render the currency unfungible. Sure you have five units of account, and sure Iran also does, but you may and Iran may not use its five units of account to buy a cup of coffee. Pecunia non olet ? No such thing in socialism. The ability to render the currency useless is chief on the list of what socialism needs to acquire in order to maintain itself, because otherwise it will presently get discounted out of existence. Once this is ensured, the bezzle becomes possible, and it no longer really matters what numbers you print on the website that you've substituted for actual reality.
Thirdly, the chief value of Bitcoin, and the reason it is so disruptive, and the reason why it will render socialism impracticable in the world, is strictly that it is absolutely and indomitably fungible. Any satoshi is exactly equal, exactly interchangeable and exactly identical to any other satoshi, and nobody can do one damned thing to "fix" this.
Sure, Bitcoin is important as a store of value. Sure, Bitcoin is important because you really like holograms and hollowed out base metal rounds. Sure, Bitcoin is important because you've put up a donation address on your POV nudies blog. The most importat quality of Bitcoin however is none of these. The most important quality of Bitcoin is its absolute, indomitable fungibility. This is why it's a better tool than gold, and this is why it did what gold did not and eventually could not : gold is, indeed, very fungible. But it is not absolutely fungible, and the difference between an efficient engine and an absolutely efficient engine will become apparent to you just as soon as you try and build the latter.
Fourthly, I obviously understand why agents of the US Government would try to convince the general public of the contraryiii. Really, I do. Nevertheless, it won't stick. Retarded pieces like what Matonis is retweeting of late (shame on you man, seriously) are powerless in this matter, just as Max Keiser was powerless in the matter of exchange rates last Spring. Why is this, you may ask ?
Because I say so, that's why.
Practice
Firstly, as discussed here two years ago, nobody holds any title to any Bitcoin. This means that nobody can claim superiority of title, and as such nobody can legitimately "confiscate" any Bitcoin. This doesn't mean that people can't take others' Bitcoins, nor does it mean that people can't claim such behaviour is "legitimate". Scammers do all the time, for all sorts of entertaining reasons and considerations. Nevertheless, a claim does not a title make.
Secondly, any relationship, of any kind, between any two distinct Bitcoin addresses is logically unsound.
Re-read that once or twice so it may sink in. By observing Bitcoin moving from address A to address B you can not make any sort of statement whatsoever about the owner of A in relation to the owner of B. Specifically :
A and B may be addresses owned by the same person, in the same wallet. If their RNG is any good, you will never know. If their RNG is utter shit you may at most suspect it, but then again you may suspect anything you wish at any time whatsoever. Some people suspect Obama is a Nigerian scammer who used a fake passport to "verify his identity" right into the most valuable account in the US. Some other people suspect reptilians are secretly running the world in the shape of dressing up like goutish old Jews and hanging around boring 1970s parties in Florida. More power to them.
A and B may be part of different wallets, owned by the same person. You'll never know. Sure, you may suspect. Suspect away, there are five million botnets all over the Internet and they are sort-of looking for more stuff to do on a regular basis.
Either A or B may be undisclosed addresses of a merchant. Such as BitBet, or MPEx, or anyone else. Sure, you may ask them, and if you ask nicely maybe they'll tell youiv. But maybe you can't or won't ask nicely, or maybe you don't even know what nicely even means in their culture. The Internet is global after all.
Either A or B may be the addresses of an unrelated third party. Like you know, back when I was being DDoS'd by "someone" and then I pointed the DNS to the White House ? Yeah, exactly like that. If "we know where you live", what's a Bitcoin address ?
There are no technical means to circumvent these problems.
Sure, you may maybe convince a kangaroo court to do what your Politburo wants done, and maybe that's all you want. But derp, if you need technical measures to convince kangaroo courts to do what they exist to do in the first place you're uniquely inefficient.
Uniquely inefficient systems do not prevail in nature.
———Fungibility is the property of that set whose equal subdivisions are also identical, and being fungible is being replaceable by such an identical substitute. So, the serial datist is he for whom women are fungible, the colorblind is he for whom green and red are fungible, net neutrality ensures the fungibility of bandwidth and so on and so forth. [↩]Because it discounts stupidity in relation to reason, and through this process it makes stupidity unsustainable as an economic activity. [↩]Just as USG agents would try to convince the general public that "tor is safe" and that stuff like bitcoinfog.com actually works for the stated purpose. Try and think for a minute, I'm sure you can figure out on your own exactly what the problem is with a freestanding tumbler service.
Like you know, why do you suppose druglords launder their not-so-fungible cash through HSBC, a banking institution with oodlebunches of legitimate cash inputs and outputs rather than through a specially made, Dollar Laundromat with no other business ? It must be because HSBC has much better forum pr than MPOE-PR, right ? [↩]Dear USG agents : I am reserving this spot for a link towards a future article. Send the word upstream that I figure that about two weeks should be enough for everyone. [↩]
« S.MG - Eulora v0.0.4
In defense of the troll »
Category: Bitcoin
Friday, 21 February, Year 6 d.Tr.
Further derps : D.BSTP, D.CBSE, D.CIFI, D.OKCO, D.XAPO
To keep it short and sweet :
D.BSTP, aka BitStamp, the two-cans-and-a-string exchange that found itself accidentally in a market leadership position through a string of failures and scamsi, notwithstanding that marketii has never been dominant, as OTC always held over 50% of BTC FX volume, nor has it grown any single quarter since 2011iii.
Alleges to have raised 15`873 BTC (10 million USD), at an implied valuation of 55`555 (35 mn).
D.CBSE, aka CoinBase, the well known, well beloved VC scam trying to eke out some Bitcoin relevancy somehow. It doesn't actually have a business model, mostly known for trying to steal D.BPAY's payment processing.
Alleges to have raised 50`317 BTC (31.7 million USD), at an implied valuation of 125`793 (79.25 mn).
D.CIFI aka Circle. Entire business predicated on the Potato Salad Phenomenoniv. No business model.
Alleges to have raised 26`984 BTC (17 million USD), at an implied valuation of 107`936 BTC (68 mn).
D.OKCO aka OkCoin. Void entity. No business model.
Alleges to have raised 15`873 BTC (10 million USD), at an implied valuation of 63`492 (40 mn).
D.XAPO. Guy made a Bitcoin wallet, which he then "sold". Six months later, same people at the same business address are making the same exact thing, which they will "sell". No business model past PR.
Alleges to have raised 31`746 BTC (20 million USD), at an implied valuation of 60`317 (38 mn)v.
All of these will be available on MPEx in the coming days, in conditions quite similar to the previous set of derps.
———Yes Kenna, the scam you pulled with TradeHill has not been forgotten, will not be forgotten. [↩]Website Bitcoin exchanging [↩]You remember, the year MtGox "got hacked" and nearly fucked Bitcoin over in the process. [↩]Square was "successful" you see, in the manner of Potato Salad Success. Consequently, there is "market" "demand" for Big Awesome Burritos and Circle. [↩]Or over 100mn, if you actually credit WSJ. [↩]
« I Suspect There Is More To This World, or A Story Of The Unindustrious.
Riverwalk. A proper one. »
Category: F.DERP
Tuesday, 08 July, Year 6 d.Tr.
Fun hate facts about the bell curve, with James A. Donald
Me
Fun hate facts about the bell curve
Notice that the function falls of hyperexponentially, in other words, very abruptly.
This makes it possible to deduce facts about people's characteristics from their race in particular individual cases, and their race from their characteristics in particular individual cases.
It follows from hyperexponential decay that if you select a subgroup from the population that meets some high standard, for example the entry requirements of a university course, or fails some low standard, for example performs an act that is both stupid and criminal, then the vast majority of those selected will only just meet the standard.
Thus, if you apply affirmative action, and have one standard for whites, and another standard for blacks, chances are that all the whites will be better than any of the blacks.
Even though there is a lot of overlap in the population as a whole, in the selected category, very little overlap, so chances are that in any small group of the category, such as students at a class, every person who got in on his merits will be better than any single person who got in on affirmative action.
Thus for example, a class of fifty students, six of them black. None of the white essays are plagiarized, all of the black essays are plagiarized.
Conversely, if you look at the work of a group where they were selected for being good enough, that work is is not good enough, you can be pretty sure he belongs to the category benefited by affirmative action. You can tell the skin color of Michelle Obama from the fact that her Princeton University senior thesis is incoherent and full of spelling and grammar errors. Obviously, you cannot conclude that someone is black from the fact that their essay is full of spelling and grammar errors, but from the fact that it is senior thesis at an ivy league university, and nonetheless is full of errors, you can tell that they are black.
If a crime is violent, you cannot necessarily know the perpetrator is black. If a crime is stupid, you cannot necessarily know the perpetrator is black. But if a crime is violent and stupid, you know the perpetrator was black.
How about that one.
Her I can't even... I mean, it's word salad with mathdressing. Like that's gonna save it?
Me Ironically, it actually isn't. The guy is uniquely bad at expressing himself however.
Her Well if so you've a better underreader than I. I can't see it.
Me I mean, it's uncanny, he gets extremely close to what people who understand what he's saying would think is a passible explanation digestible by they who don't, so he won't be corrected, but in fact he is 100% outside of what may be understood by the people who don't get it. It's almost as if he had spent a lifetime carefully passive-aggresively correcting his work so as to not improve it, but to make it pass the test of the knowledgeable.
Her Lol!
Me Anyway, let's model what he says on neutral ground, it'll be obvious.
Her K.
Me Suppose you hear an improbable noise for the place you're in. Can you now decide if an actual noise was there, or you just misheard ?
Her I could, but it'd take more information to do so reasonably.
Me Right. Suppose you hear a noise in a place where no noise would reasonably be expected at all. Can you now decide if an actual noise was there, or you just misheard ?
Her Idem.
Me Now suppose BOTH the noise is improbable for the place AND the place isn't likely going to have sounds at all. Like say, you're in a submarine by yourself, and what you hear is... a bull bray.
Her Can now decide i've misheard. (Reasonably.)
Me Yeah. This is basically what he's saying. While it's true that men and women have reasonably similar performances in say swimming, and while it's true that there's a lot of overlap between individuals' performance, nevertheless since the Gauss curve describes the distribution thereof, and since the Gauss curve falls very abruptly, the composition of extreme samples is going to be VERY unrepresentative for the averages of the populations. This is just banal statistics. Id est, if you select the 10 shittiest swimmers out of 1k people, you are stuck with women, even if women are only 0.93x as bad as men on average. No matter what happens, the extreme is going to massively overrepresent the one population that's even slightly weaker on average.
Her Sure. So why's the guy represent these as "hate facts"?
Me Well because people dun want to hear about it.
Her I mean, I honestly can't tell if he's tongue-in-cheek playing around or if he actually believes this is a good basis on which to despise 0.93xers.
Me I doubt he despises them. He does despise the people who try to hide the effects he discusses tho.
Her Eh, careful supposing all people who understand an idea also have your personality.
Me Yea, mebbe he does, I never could make him out tbh. But doubt is doubt - when in doubt, it's safe to doubt.
Her I see ;p
Me Anyway! In point of fact the policy which he seems to oppose is simple fake-it-till-you-make-it-ism, which having run its course through the economic life moved on to metastasis in the social. The idea being that it is socially valuable to promote black women like Michelle Obama or Condolezza Rice, who are in fact intellectually nil, as if they weren't, because whatever little black girl that isn't intellectually nil has much better chances to get somewhere in a world where accomplished black women exist, whether deservedly or not, than in a world where they do not exist, at all. On its own black culturei is plainly incapable of achieving anything, as it's proven over what, 10-15`000 years, so perhaps forcing it to is the only chance it has. This may work or it may not work, but whether it does or it doesn't work, it's no skin off anyone's back : the six seats in a hundred given away thus are taken from the bottom, not from the top of the pile, and who the hell cares that some white kid who came in 95th doesn't get to go to Princeton because he's white. Obviously, the more cogent counterargument is that a world where achievement is a lie is in fact even more toxic for the little black girl than the actually fair if politically inconvenient alternative it replaces. These are matters of social policy though, and the only truth about social policy is that it shouldn't ever be tried because it never actually works. Much like the "if you're going to hire an astrologist, hire the cheapest"ii.
Her Wow well this is kind of a jumble, it'd seem. On the one hand, a social policy can be meritocratic or not, but if it is or it isn't it should be or shouldn't, and the entire shuffling things around nonsense is certainly bullshit, I don't see any reasonable counteraguements there.
Me Hm ?
Her On the other hand, I'm not sure I could agree that "black culture has achieved nothing", nor that it's impossible or unlikely for black people to be other than intellectually nil. And what is your hm about?
Me It's definitely possible for individual black people to be as accomplished as you'd like to set it, but possibility is not a proper reference in a discussion on probability. And the hm cuz I dun see how what you said connects with what I said. Take it in parts ?
Her A world where achievement is a lie is actually even more toxic for the little black girl than the fair alternative it replaces.
Friday, 14 November, Year 6 d.Tr.
Fuck me ?! Fuck you!!!
The title is of course a reference to Tom Green's excellent contribution : Freddie Got Fingered. If you've not seen it you definitely should, I'd say it's the canonical summation of the 90s.
On to the topic :
fluffypony mircea_popescu: I showed my wife that blog post
fluffypony She was laughing
fluffypony She says hi:
How about that!
PS. This kinda reminds me of that Romanian post, Eu am un succes nebun la femei. Because I do, what.
« The sins of the group of posers behind the so called "Bitcoin Foundation"
Filantropica »
Category: Zsilnic
Wednesday, 09 April, Year 6 d.Tr.
Free sitcom idea, with butts.
So the show's about this kid, right, about 14 or so, going to new school because his parents died under mysterious (but undisclosed in the show) circumstances and he's been moved to live with his aunt or somesuch.
The other kids in school are kinda probing him to see if he's cool or whatever his story is right, like kids do, and they discuss shit that's on TV and so it comes out the kid likes "Batman" except he pronounces it a little off, so some kids that also like that franchise sorta bond with him and all is well, except in the immediately next period the kid - who apparently is a decent draughtsman - spends his time ignoring the teacher and instead draws a very convincing illustration of Batman and whatnot, except 1/3 of the page on top is this wicked caption which reads Buttman. So the other kids see it and they're completely fucking weirded out and blown away, the teacher eventually confiscates it, takes it to the principal.
The principal is like... a pretty hip guy, he's boredly shuffling through dumbass red tape on his desk, happens on the drawing in question and starts laughing and flailing around the room, falls off the balcony into the parking lot right in the damn front of a moving car so he's definitely smushed.
So now the kid's being investigated by Mr. Bookmani for having maybe killed the principal, but there's this whole dispute because the secretary declares she had heard laughter inside, but some other guy is all like nono the principal sorta sounded like he's laughing when he was angry or scared and so on. But they find some sort of recording of the principal being all angry on the phone, which is kinda odd, and at this point Bookman produces a tape of sorta famous looking circus act from way in the past in which a midget gargles broken glass like shards of that shit, and it sounds exactly like the principal laughing noise. So the secretary is on the spot now, what did she hear, more like the tape or more like the midget gargle (which of course sounded exactly alike). At which point some derp in the audience sorta chortles derpily and the secretary points out it well actually... it was more like that.
So the kid is now ordered held without bail by the judge who is this very weird fucking bananas type of old judgeii over a lecture & stern advice that his money should be saved such that he can attend college instead of wasting it with bondsmen.
At which point it is revealed the kid really wants to take this Latin class in HS, but it's one of those that has an examination as a pre-requisite, which the kid now can't attend being in jail. Except there's this old woman who has all sorts of arcane clearances and experience in the penitentiary system and whatnot who'd be qualified to do a one-on-one examination sorta like a rogatory commission for highschool Latin classes of sorts. Which she accepts to do, but she also happens to be quite heard of hearing (and unwilling to admit to it), so she sorta takes down what she thinks the kid is saying, and the kid doesn't actually get to read what she writes. So it all ends up a pile of pretty much nonsensical butt references.
This ends up on the same desk, in the principal's office, where the secretary mails a whole pile of stuff to the new substitute principal.
Who looks kinda like a grasshopper really, and is shown having dinner in a nice restaurant with a very hot, Portia deRossi-style woman who proceeds to confess that she is both a lesbian and a virgin, and has never had vaginal intercourse, nor does she intend to. So the guy - - is all sad and droopy-antenna. But, she continues, she likes him very much nevertheless. Well so what are they to do? he wants to know. Does she suck cock? Meh she says. But! She really likes anal. So he does her in the pooper, and he's all euphoric and happy, and makes his way home and has a bath.
In which bath he goes about the business of reading his mail, a piece of which is the test output of the boy as written by the institutionally-approved old deaf woman. Given his euphoric state, his recent buggery, and the ample references to ass strewn throughout the test answers, the man laughs heartily, and keeps thrashing in his tub and flailing his arms around, eventually (lots of foreboding here) accidentally knocking his stereo into the bathtub with him. So he dies.
That's the first episode, aka the pilot.
For the next episode, the boy's obviously taken to jail awaiting trial, which opens the pot so to speak for a lot of soap dropping jokes and further revelry, including the fact that the weirdo warden has had installed in each bathroom, connected by a metallic chain to the metallic toilet, a book of various potty humour.
Let me know if you get picked up, I might write the first season for it.
———Seinfeld character [↩]Think Jack Warden in ...And Justice for All. [↩]
« Let's try and understand this "no such thing as bad publicity" thing.
Gotta love that negro speak »
Category: Cuvinte Sfiinte
Tuesday, 08 April, Year 6 d.Tr.
For Capitalism!
Her Do you want me to scrub your feet with my new crab guy?i
Me What crab guy !?ii
Her The new crab scrubber guy I bought!
Me You know actually, what a crab would really like would be like a crab friendly sauna or something, a place where people could stand but so as not to crush him, and he could go along and eat the dead skin off their feet.
Her Would he like that ?!
Me Well a crab eats dead things.
Her But putrefacting dead things! Like corpses!
Me Not necessarily putrefacting, that's more like, you know, alcohol in the fruit a bear eats. Sure, it's there, and he eats them as they are because it's what there is to eat, but I'm sure he wouldn't mind a trip to the grocery store, get merely slightly fetid skins and stuff.
Her Eww.
Me There could be say... a bus! With a little space underneath full of crabs, and people had to go barefoot on it. Like spa busiii, no shoes, no fare. And the crabs get to eat all the calluses and blister skins and whatnot off people's feet.
Her So who'd run it ?
Me The crabs could run it! They could hire a driver and everything.
Her Hire a driver ? And pay him in what ?!
Me They could pay him in money! They could make plenty selling fresh crab meat to the restaurants.
Her What ?
Me Yeah, they'd sell themselves off to make soup, pay for driver and gas, move bus around, collect barefoot people, eat dead skins.
Her But... how are they going to choose who to sell ?
Me They just sell the biggest one.iv
Her Isn't this sad, they'd have to eat to get big but that bigness only meant they'd get to be sold into soup. Why would any crab do something like this ?
Me For capitalism!
So there you go. Say what you will about it, it is still way the fuck more sensible and together than the various "libertarian countries" and whatnot.
Seriously.
———Don't ask. [↩]She usually does it with her teeh. True story.
Yeah, I know you have pumice stone. Fuck you, I have slaves. [↩]Same chick went with some friends to a spa, she was naked, they were carefully cuntdressed because ohmaigawd if cunt molecules touch anything else it may cause a tragedy or something! [↩]Logically, since the attribute that correlates with pay is size, they optimize for size. [↩]
« SJW ? You mean SEW ?
How to deal with pseudoscience ? »
Category: Cuvinte Sfiinte
Friday, 31 October, Year 6 d.Tr.
Food. Para comer.
The "para comer" thing is a take-off on an insider joke, which goes "para le-er!". You see, people here don't really beg all that much, but instead try to do something more or less useful. Like for instance there was a kid in proper socks and kilt, playing a bagpipe, which lifted a crane down the street. I kid you not, as his horror wailed, the crane slowly rose. When he stopped, it stopped. It was quite uncanny.
Also they sell things. Such as power adaptersi and cork screws and nipple clips and whatnot.
And, importantly, tarjeta lupa. Para leer. Which is a business card sized magnifying bit of plastic. Who'd want it, and what for (para leer!) is not known, and while I don't imagine three of the things sell a day in the whole twelve million strong province, nevertheless a half dozen or so entrepreneurial old gentlemen pester pedestrians at major crosswalks trying to hawk it. Awkwardly. Hawking awkwardly. Para leer.
One of them, in his later fifties, most likely an old school master by his mannerisms quite used to talking of important matters to a stonewall of ignorant indifference put up by generation upon generation of bovine pupils, tried his best to enunciate, and open his eyes wide, and impress upon a half absent audience the capital importance of the transparent tajeta. Para le-er. All this in a sotto voce mutter rather suggestive of subclinical psychopatology.
And so it has become a thing. Para le-er!
Anyway, the food in question :
You are not fit to see the glory of the steaks themselves. Besides, they were eaten. But speaking of steak, here's a counterpart to that one picture a few days ago :
And speaking of curve :
Ran into a pretty epic (and apparently Armenian run ?) oriental shop, with actual artifacts on display, as opposed to cheap Chinese imitations sort-of in the style :
It is at this point that I would like to remind the esteemed Romanian audience that there's easily a hundred sushi places in this town, which easily exceeds the total count of cafes sad aprozare posing as cafes in that meanwhile forgotten hellhole afflicted with risible delusions of grandeur on top of all its other maculae and pockmarks.
And furthermore that while the average GDP per capita is about the same here as it is there, and while the gas here costs exactly the same as in the US, and while the cab fare is 5.5 pesos per kilometer (coming to about .50 USD or 1.6 RON) your average Argentine cab driver takes home between 12 and 16 thousand pesos after a month's 12 hours' a day work, which easily beats a thousand euros. Do you ?ii
And furthermore that butchers here actually know their craft, and so you can go like I went to the local version of Badea Cirtan here known as Mercado del Progresoand have them cut before your very eyes some nice cutlets off the bone, and they do a good job of it quickly enough. It's really a pleasure to watch a skilled craftsman at his craft, the knife so sharp it cuts on touch, the quick and precise tremolo of the wrist...
I like it here.
———Here's a hint : a proper square screwdriver will dig right through the plastic cover on the widely available power strips, making adaptors unnecessary. Like so :
[↩]And furthermore, that I've not yet had to actually CALL for a cab yet, like on the phone. Because they are everywhere in ample abundance, there's 45`000 cars or so, and since a license costs about 20k or thereabouts they're always on the street. They don't do the whole cab stands thing, either. Apparently Argentine cab drivers really love to work. [↩]
« "I saw, and was saddened."
Strange things people think »
Category: La pas prin lume
Tuesday, 10 June, Year 6 d.Tr.
F.MPIF, May 2014 Statement
F.MPIF incoming and outgoing
Incoming
Outgoing
Description
Value
Description
Value
Cash BTC deposited
213.15567101
Profit Center 2
100.00000000
Equity adjustment
0.5899785
Profit Center 3
113.15567101
Total
213.74564951
Total
213.15567101
F.MPIF assets
Account
01.05.2013
Net change
31.05.2014
Cash
155.15567101
89.35538147
244.51105248 BTCi
Tangibles
58.00000000
128.22448175
186.22448175 BTCii
Intangibles and goodwill
0
0
0
Total assets
430.73553423
F.MPIF liabilities
Account
01.05.2014
Net change
31.05.2014
Shareholder equity
426.90132052
3.83421371
430.73553423
Total liabilities
430.73553423
F.MPIF has issued 1`000`000 further shares, bringing the total to 2`000`000. The total assets per share implied value is thus 0.00021536 BTC. The cash+tangible assets per share implied value is thus 0.00021536 BTC.
Miscellanea :
Nothing remarkable to report on the operational front - everything is proceeding as planned. Bad accounting has misrepresented the assets of the fund by 0.5899785 BTC in the previous period, resulting in issuance of 1mn shares 0.27% cheaper than they should have been. This goes to underline the importance of good accounting in financial matters - all fund holders are encouraged to actively verify all the fund's accounting so as to help avoid such occurrences in the future.
I am actively looking to expand the PCs, but it won't be done willy-nilly.
———12.77359396 BTC (12.77326991 held as BTC, 0.000324055 held as 0.65 RON) in PC1 ; 166.97404975 in PC3 ; 36.08185877 in PC4 ; 28.68155 in PC5. [↩]0.02807175 (14035.87588299 ATC* 200 satoshi each) in PC1 ; 150.47241 in PC2 ; 14 BTC in bets made by PC4 ; 21.724 (0.00021724 * 100`000 F.MPIF) in PC5. [↩]
« La Florida and other places
S.MG, May 2014 Statement »
Category: F.MPIF
Monday, 02 June, Year 6 d.Tr.
F.MPIF, June 2014 Statement
F.MPIF incoming and outgoing
Incoming
Outgoing
Description
Value
Description
Value
JD Withdrawali
172.25661059
WoL depositii
200.00000000
Cash BTC deposited
40.21917102
BitBet liquidity loan
7.47578161
--
PC1 expansion
5.00000000
Total
212.47578161
Total
212.47578161
F.MPIF assets
Account
01.06.2013
Net change
30.06.2014
Cash
244.51105248
162.31709919
82.19395329iii
Tangibles
186.22448175
206.863179647
393.087661397iv
Intangibles and goodwill
0
0
0
Total assets
475.281614687
F.MPIF liabilities
Account
01.06.2014
Net change
30.06.2014
Shareholder equity
470.95470525v
4.326909437
475.281614687
Total liabilities
475.281614687
F.MPIF has issued 186`753 further shares to cover for 40.21917102 BTC deposited, bringing the total float to 2`186`753. The total assets per share implied value is thus 0.00021734 BTC. The cash+tangible assets per share implied value is thus 0.00021734 BTC.
Miscellanea :
Just-Dice closed, which is quite sad. War of Life opened, which is encouraging. Keeping on keeping on or however it's called.
Drop in Cash, rise in Tangibles mostly reflects a more supportive withdrawal arrangement with WoLvi. Seeing how we don't really do a lot of capital reallocation mid exercise, and especially seeing how we principally reallocate through weighting in, this isn't a major concession to make. Moreover, the fledging enterprise stands to benefit from the stability thus engendered.
———Pursuant to Just Dice's announcement of temporary closure as a result of the destructively inept policies of the Government of Canada, F.MPIF withdrew the deposited capital, which has been received without problem. [↩]F.MPIF is going to provide 200 BTC to War of Life, under similar conditions to those available on Just Dice. [↩]10.11825124 + 7.24502432 in PC1 ; 36.14912773 in PC4 ; 28.68155 in PC5. [↩]0.612179787 BTC (272079.90524245 ATC held) in PC1 ; 149.39578000 in PC2 ; 200 BTC in PC3 ; 14 BTC in bets made by PC4 ; 21.604 (100k F.MPIF held) in PC5. Also 7.47578161 lent to BitBet. [↩]40.21917102 jump due to cash deposit. [↩]One month commitment like Panacea, rather than no commitment like how Just Dice used to work. [↩]
« Colonia, Uruguay
The femfanon »
Category: F.MPIF
Thursday, 03 July, Year 6 d.Tr.
F.MPIF, April 2014 Statement
F.MPIF incoming and outgoing
Incoming
Outgoing
Description
Value
Description
Value
Cash BTC deposited
211.00000000
Profit Center 1, BTC
11.00000000
Cash ATC deposited
0.29665950i
Profit Center 1, ATC
0.29665950
Profit Center 2
50.00000000
Profit Center 3
50.00000000
Profit Center 4
50.00000000
Profit Center 5
50.00000000
Total
211.29665950
Total
211.29665950
F.MPIF assets
Account
illo tempore
Net change
30.04.2014
Cash
211.29665950
56.140988488
155.15567101ii
Tangibles
0
58.00000000iii
58.00000000
Intangibles and goodwill
0
0
0
Total assets
213.15567101
F.MPIF liabilities
Account
illo tempore
Net change
30.04.2014
Shareholder equity
211.29665950
1.85901151
213.15567101
Total liabilities
213.15567101
F.MPIF will be issuing 1`000`000 shares as authorised by MPEx listing agreement. The total assets per share implied value is thus 0.00021315 BTC. The cash+tangible assets per share implied value is thus 0.00021315 BTC.
Miscellanea :
F.MPIF will be encumbered in all following reporting periods by salaries of the Profit Center Managers. PC1 and PC4 are remunerated as 10% of net gain each period, with no participation to loss, payable after one full year (so at end of April 2015 exercise). These expenses will be provisioned each month. PC3 charges 10% of high mark profit, this expense will be provisioned each month a new high mark is reached. PC2 charges 20% of high mark profit, this expense will be provisioned each month a new high mark is reached.
You can review independent reports alongside manager comments as follows : PC1 ; PC4.
PC4 manager has inadvertently overstepped the agreed upon strategy by taking a few bets at lower weight. She will not be fired this time.
———100k ATC at 100 satoshi per ; 393`319 ATC at 200 satoshi per. [↩]10 + 2.65501867 BTC + 14035.87588299 ATC * 0.00000200 ATC/BTC in PC1 ; 50.39072182 BTC in PC3 ; 42.08185877 BTC in PC4 ; 50 BTC in PC5. [↩]50 BTC held by Panacea for PC2 as well as 8 BTC in bets already made by PC 4 are not cash as per the AN0 definitions. [↩]
« Let's do Mark Cuban
The Serious IPO, a moment in the life and times of forum investing »
Category: F.MPIF
Thursday, 01 May, Year 6 d.Tr.
Five bucks for great justice
It all started as all good things start these days : on irc.
Always the humble and obedient spirit you all know me as, I wasted no time in following the direction of the better informed, and so added the task of "make acct on fiverr, comb site for anything may be useful to us." to a competent PM. Combing the resulting list of listings of possible interest, the correct test avenue immediately jumped at me : bunches of people willing to put up and distribute fliers on their college campus.
Now Trilema prides itself in containing at least one piece grossly offensive to any conceivable demographic group, no matter how defined (have you noticed this by the way ?) and so selecting a proper little something that'd speak to the interests and preoccupations of college kids today was not hard at all. Turning that into a flier... even easier. Making it really really funny ? Not too hard either.i
Meanwhile it's been about half a week or so, and the early results are here. In summary, 3000 fliers ordered in total from 20 different providers, most black&white, some color, aboutii two thirds to be put up and a third to be distributed by hand (in some cases with commentary), which set me back 0.55421 BTC + miners fees. Definitely cheaper than a Buttcoiniii.
There was exactly one cancellation, possibly the only bookish girl in the lot, that actually read the whole thing. Or who knows, maybe her printer was slow. Turns out that fiverr puts a two week hold on your funds in this case, which indicates to me they've probably been raped by fraudsters in the past.iv
Other than that, the results can be split in two groups. On one hand textual results, such as
"i love that it deals with bitcoin, i'm actually running for us house as a libertarian." later said job's done, gave a list of where on campus (baylor u.) he put fliers up.
or
Thank you for the order and your flyer looked great. I completed your order today and everything went fantastic! People seemed interested in your flyer and I hope to work with you again very soon! There were a lot of people out today so it was a perfect day to complete your gig. I would suggest more volume at different venues to increase exposure. I have done this with people in the past and they truly were pleased with the delivery.
Thanks again for the order.v
or
completed, no pix, handed 150 out, says people responded positively and flyers looked good.
or
completed, said had a great time handing them out, sent a series of pics, reviewed.
On the other hand, visual, such as :
Now considering halfvi the people haven't reported yet on their activity, as well as the aforementioned reading comprehension considerations, it may perhaps be excused that the entire exercise has produced no social media firestorm of ire and protest, as some had anticipated. It turns out that on direct and actual examination, the bulk of US collegiate kids are a lot more tolerant to heresy than currently depicted in the media. This stands in stark contrast to the same exercise a few years ago in Romania, which yielded some very VERY bitter & butthurt people.vii
Trilema gets a ton of trafic anyway, and so neither the 19th nor the 20th stand in any way as remarkable (the 19th shows ~21k uniques, which is slightly above average, the 20th about 16k, which is a little low, approximately on par with an average Saturdayviii). The depicted article (/2013/the-gentlemen-prefer-coeds-club/) received a little under 200 hits this month, so it's way deep in the heap of articles, far far away from disrupting the top three (wherein, as every single day for the past 18 months or so, /2012/cum-se-suge-pula-ghid-pentru-juma-de-sex-oral/ holds on to its second placeix). I did look for google keyphrases, but the only thing containing either "gentlemen", "coeds" or "blondes" was "clubbing clitoris".x
This may get an update towards the end of the month, if I remember. But either way, fiverr is basically a decent way to buy some college kids a beer - which is not altogether a bad way to spend some money. Their activity is not likely to amount to much, but this not because they won't try, or do work. Instead, mostly because they're powerless, which I guess is as it should be.
Then again, and to be perfectly fair, the results of such things are eminently unquantifiable. Kinda why corporation-economy and lands of "laws not men" collapse in short order : the lack of incentive to do the unmeasurable right thing suffocates society through absence of white swans.xi
PS :
———You see, the item consists of picture, wall of small face text and clearly separated large face text. Guess how many college kids form their notions on the basis of image and title only, without reading the actual body ? Guess and be amazed! [↩]Seeing that this is quite far from a well specified and intimately controlled activity, "about" is good enough at this juncture. I wouldn't even know if people put up all the fliers they claimed, for instance, and it'd cost more to find out than to re-do. [↩]That was a little over a year ago. If this observation doesn't teach the virtue of patience, nothing will. [↩]Easy way to launder stolen funds : put dirty money into such a website, bid on projects of your own, reject the bids, withdraw the money, all clean. [↩]Yes I know this looks cookie cutter. I tried to google for it with no results. [↩]Exactly half. 10. [↩]Though to be perfectly fair, these were dumb kids imagining themselves kings of an imaginary hill, reacting negatively to what they perceived as a breach of the "rules" of "fairness" that they themselves had self-servingly & conveniently imagined. Much like should you take your Caterpillar excavator to the place where kids play with models in the sand the boys that thought they had the better toys might start wailing. [↩]Apparently people are least likely to read me on Saturday for some reason. Or maybe I'm least likely to write then ? [↩]The first place often changes, currently being held by /2013/mpoe-pr-almost-two-years-in-the-swamp-an-anthology/ [↩]Perhaps Awstats reports of google keyphrases aren't that accurate, as this seems quite improbable on the face of things. I'm too lazy to log into google itself, so I guess it'll stay a mystery. [↩]A crude equivalent of Taleb's black swan, a white swan is a positive event (no matter how big or small) that is impossible to replicate. Like say the pleasant aroma of a good cigar, it's not something manufacturable, and so not something easily found in the US. [↩]
« A story of manscarves
Unii sunt putin luati, da' altii saracii sunt luati rau de tot, mai frate. »
Category: Activism
Sunday, 22 June, Year 6 d.Tr.
First Full-service Crypto Digital Agency in the world!
They say a picture is worth ten thousand derps. Let us test this theory.
Leaving aside that it's not customarily regarded as a good idea to mix together portrait shots of different people taken at different times in different circumstances under widely differing lights, specifically to avoid this impression that one guy's black while another guy's secretly a lobster that had been boiling for ten minutes at the time of the shot while the Chinese girl is a drunk to the point of life threatening liver damage ; and leaving aside that you'd expect the youthful & enthusiastic professionals to be lively aware of the basic conventions of their trade, and further omitting to observe how that Jana chick's actually pretty hawt, but if you click on her name nothing happens because pages linking to themselves is somehow very web2.0i, I must confess this is a better attempt than most I've seen.
And I must further underscore the deeper meaning of strategic superiorityii : I know of them. They don't know of me. Because for me nothing's easier in the world than grep "bitcoin" ddos-pingbacks.txt, while what are they supposed to do ?!
In conclusion : l'insoutenable legerete de l'etre!
———She has a twitter, that nobody knows about (ojanka) abandoned in 2013, and an instagram, private but also abandoned a coupla years ago, and a linkedin where her only work reference is the site in question, where she's supposedly been working for a year now - don't be mean the sort of chauvinist pig that'd ask "doing what"!
Anyway, whichever of you evil unempathic slanderous souls lives in Slovakia, feel free to buy the girl a cup of coffee on my account. It's one of those so called countries they have in Europe where everyone knows everyone, like a medium sized village, right ? [↩]Hey, check me out, I'm so cool & verbose I can and actually have to link to searches and let google sort out what I actually meant. Too many articles! [↩]
« Just in case you happen to think Silicon Valley is either new or novel...
Yes, yes I can. »
Category: Meta psihoza
Tuesday, 30 December, Year 6 d.Tr.
Filantropica
This article started, like all good things these days, on irc :
mircea_popescu actually, if anyone cares to explore this topic, i've wtf'd my foreign slaves with "filantropica", a romanian movie of the 90s. pretty much a slice of life, could as well be a documentary.
We were discussing rape, and gender roles, which is how I got to be everyone's fave bigot. But anyway, Filantropicai is remarkable on two different lines.
First off, the beatings. As an example : the restaurant bullii beats the shit out of a deadbeat customer, who also happens to [pretend to] be an underpaid teacher trying to take his wife out to a restaurant for their 10th wedding aniversary. For which he's saved. And yet he can't afford to pay the bill.
That's it, nothing else, nothing more to add : your average Romanian gov't employeeiii of the 90s could not afford to go out to eat once in a decade. Period. Full fucking stop. This is how it was, this is how it should be, quite exactly. This is how it's gonna be.
"Imbogatitii tranzitiei" ie the new commercial class sprung up after the fall of communism and composed mostly of thieves, conmen and whores (again, as it was, as it always is, exactly as it should be) could and in general did buy the daughters of these schmucks on the open market for cumrag services. And trampled all over the revered, ossified relics of "culture" as post-Stalinist Romanian woodenheads misrepresented it. And did a bunch of other good and worthy, public service-y type of things.
Can you imagine the frustration ? The impotent rage ? The blind, blistering, pointless, bleating fury of a class of people that were inept and yet believed themselves in the right ? The stupid true followers of a broken ideology ? Try to imagine it, because the US is full of them today, they call themselves "progressives" and "liberals", I call them libertards, and their daughters will be sold to serve as cumrags for the "nouveau riches" as I suppose you'll call "imbogatitii tranzitiei". And they'll be sold for pennies, and they'll love it. Not in the sense of loving it, but in the sense of hating their parents even more.
If you can't imagine it, let me tell you how it goes : a harmless looking man begs, and a well fed, dangerous looking man walks right past him. That's it, Mircea Diaconu asking "if possible" in all possible meekness, and fade out. Nu se poate.
Anyway, so this guy, the story goes, judges that in fairness he ought to be able to take his wife out on the town. Except in practice, he does not. And that practice is imposed upon his libertarded delusions at the end of a fist. Which fist is connected to the restaurant bull. So our presumptious libertard gets beaten to shit, and here's where the fun starts : they all get to go on a TV show. The Jerry Springer sort of TV show.iv
So the host asks, "well what happened ?" and the bull, meekly himself, explains that well... "guy wouldn't pay so he roughed him up a little". At which point the host calls the camera on the deadbeat, who's beaten pretty bad, and asks, "does this look like a little to you ?". But that's it, it's purely rethorical. Not for a second is it even considered, or even proposed, by the host or by anyone in the public or anywhere else that the deadbeat should not have been beaten at all. This is nonsense, it doesn't even enter anyone's head, it's not even considered, the entire thing's constructed and predicated on the notion that of course the deadbeat's getting beaten. That's a societal convention, so widely held, so fundamental that it's not even visible to the people involved. And it wouldn't have been visible to you, either, had you seen the film without me having pointed it out aforehand. Because that's how society works, and how people work : nothing's "impossible", nothing's "off limits". The limits are only in your head, and they exist for as long as anyone cares to enforce them.
This is exactly how it was. You got caught stealing ? Of damned fucking course you'd get a good beating. The police getting involved ? Of fucking course they'd get involved : if the victim couldn't beat you properly they'd give you a sound thrashing instead, and otherwise made sure you're not about to turn the tables or some stupid shit like that.
Second off - I did say two things, didn't I ? - the women. The female lead in this movie is an ex-prostitute turned something between beggar and con, and she sticks it for some random guy who she's been simply allocated. She didn't choose him in any sense, her boss just said one day this is your guy. And henceforth he was her guy. He just happened to be completely smitten by a younger girl ? She gives him advice. He needs money to get her pretend-brother out of a jam ? She gives it to him. He's tired and the movie needs a sex scene ? She puts out. They need to cuddle ? She cuddles. Anything. Anything at any time, all the time, and meanwhile she's cleaning the place.
The younger girls of today completely fail to understand this stupid shit. "But what's in it for her ?!". Nothing's in it for her. She's a woman. She's not a man, she doesn't trade. She simply... withstands. She resists. That's womanhood.
You know where that comes from ? All the way from the Greeks, baby. Get someone who understands Romanian to translate that one for you, it's important.
Anyway, the film is stupid and gimmicky and you can tell the low production values. Just like the Romania it describes.
———2002, by Nae Caranfil, with Mircea Diaconu, Gheorghe Dinica, Mara Nicolescu. [↩]They used to have hotel bulls in New York, and railroad bulls everywhere. Look it up. [↩]Here teachers work for the government. [↩]Florin Calinescu was really a major figure in the talking head space of the time, so it really is something like going on Colbert's show, but whatever. [↩]
« Fuck me ?! Fuck you!!!
MPEx.RFC.1 »
Category: Trilematograf
Wednesday, 09 April, Year 6 d.Tr.
F.DERP September 2014 Statement
F.DERP incoming and outgoing
Incoming
Outgoing
Description
Value
Description
Value
Stock sales
5.11869940
--
Total
5.11869940
Total
0
F.DERP assets
Account
01.09.2014
Net change
30.09.2014
Cash
7`431.77251298
5.11869940
7`436.89121238
Tangibles
0
0
0
Intangibles and goodwill
0
0
0
Total assets
7`431.77251298
F.DERP liabilities
Account
01.09.2014
Net change
30.09.2014
Coverage
50.94249743
5.11869940
56.06119683
Shareholder equity
7`380.83001555
0
7`380.83001555
Total liabilities
7`431.77251298
F.DERP realised no operating revenue this period. The P/E implied value per share is thus 0 BTC. It is faintly expected to realise operating revenue next period, on the vague hope that who knows, maybe the alleged investors in these things actually exist, and maybe even operate within some sort of a rational, market-driven environment. Perhaps.
Miscellaneous
I've managed to create the ambiguity mess of all time with the shares in this thing. Specifically, the June statement says
On or about July 10th 2014, F.DERP will issue a total of 100`000`000 shares, each with a nominal value of 32499 satoshi, for a total of 3`249.90000000 BTC.
whereas the July-August statement says
F.DERP issued a further 12`710`945 shares, each with a nominal value of 32499 satoshi, for a total of 4`130.93001555 BTC, bringing the total shares outstanding to 22`710`945.
whereas the actual contract says
2. STRUCTURING OF F.DERP.
(a) Mircea Popescu will deposit with F.DERP's MPEx account the sum of 4`657.83 BTC. On the basis of this deposit, MPEX will allow F.DERP to issue blocks of shares adding up to 1% of the total market value of each of the following : D.BPAY, D.BTGO, D.BSTP, D.CBSE, D.CIFI, D.OKCO and D.XAPO - representing respectively BitPay, BitGO, BitStamp, Coinbase, Circle Financial, OKCoin and Xapo. In exchange for this deposit, 100`000`000 shares in F.DERP will be issued and delivered to Mircea Popescu's MPEx account.
The facts retained to resolve the mess are that a) F.DERP issued 100`000`000 shares originally ; that b) I've added a further 4`130.93001555 BTC in capital. Furthermore, the June statement is factually wrong (that product does not yield that result) and the July-August statement is contractually wrong (the contract calls for 100`000`000 shares issued).
Therefore : the total shares issued so far will be readjusted to 227`452`389, and the nominal value to 3245 satoshi each.i Fortunately no shares were sold so far and thus other than this statement fully fixes the issue.
———4`130.93001555 + 3`249.9 = 7`380.83001555,
7`380.83001555 / 3`245 * 100`000`000 = 227`452`389 [↩]
« Dear derps : you are being herded.
No Such lAbs (S.NSA), September 2014 Statement »
Category: F.DERP
Saturday, 04 October, Year 6 d.Tr.
F.DERP October 2014 Statement
F.DERP incoming and outgoing
Incoming
Outgoing
Description
Value
Description
Value
Stock sales
14.69703950
--
Total
14.69703950
Total
0
F.DERP assets
Account
01.10.2014
Net change
31.10.2014
Cash
7`436.89121238
14.69703950
7`451.58825188
Tangibles
0
0
0
Intangibles and goodwill
0
0
0
Total assets
7`451.58825188
F.DERP liabilities
Account
01.10.2014
Net change
31.10.2014
Coverage
56.06119683
14.69703950
70.75823633
Shareholder equity
7`380.83001555
0
7`380.83001555
Total liabilities
7`451.58825188
F.DERP has a total of 227`452`389 authorised shares outstanding. The total assets per share implied value is thus 0.00003245 BTC. The cash+tangible assets per share implied value is thus 0.00003245 BTC.
F.DERP realised no operating revenue this period. The P/E implied value per share is thus 0 BTC. It is faintly expected to realise operating revenue next period, on the vague hope that who knows, maybe the alleged investors in these things actually exist, and maybe even operate within some sort of a rational, market-driven environment. Perhaps.
Miscellaneous
I will sell a block of 10`000 shares on November the 15th, at an unspecified time.
« No Such lAbs (S.NSA), October 2014 Statement
How to curse, cuss out and swear in Romanian, like a Romanian (this means, like you know what you're doing - to avoid saying "professionally"). With structural explanations, a strategy guide plus pronounciation revealed! »
Category: F.DERP
Wednesday, 05 November, Year 6 d.Tr.
F.DERP November 2014 Statement
F.DERP incoming and outgoing
Incoming
Outgoing
Description
Value
Description
Value
Stock sales
23.79565596
--
Total
23.79565596
Total
0
F.DERP assets
Account
01.11.2014
Net change
30.11.2014
Cash
7`451.58825188
23.79565596
7`475.38390784
Tangibles
0
0
0
Intangibles and goodwill
0
0
0
Total assets
7`475.38390784
F.DERP liabilities
Account
01.11.2014
Net change
30.11.2014
Coverage
70.75823633
23.79565596
94.55389229
Shareholder equity
7`380.83001555
0
7`380.83001555
Total liabilities
7`475.38390784
F.DERP has a total of 227`452`389 authorised shares outstanding. The total assets per share implied value is thus 0.00003245 BTC. The cash+tangible assets per share implied value is thus 0.00003245 BTC.
F.DERP realised no operating revenue this period. The P/E implied value per share is thus 0 BTC.
Miscellaneous
The announced 10k block didn't end up on the market after all. I still intend to sell shares into this thing at some point.
« MPIF (F.MPIF) November 2014 Statement
Bitcoin in Argentina : exactly nothing to do with the derps »
Category: F.DERP
Friday, 05 December, Year 6 d.Tr.
F.DERP June Statement
F.DERP incoming and outgoing
Incoming
Outgoing
Description
Value
Description
Value
Cash BTC deposited
3`249.90000000
--
Stock sales
50.94249743i
--
Total
3`300.84249743
Total
0
F.DERP assets
Account
illo tempore
Net change
30.06.2014
Cash
0
3`300.84249743
3`300.84249743
Tangibles
0
0
0
Intangibles and goodwill
0
0
0
Total assets
3`300.84249743
F.DERP liabilities
Account
illo tempore
Net change
30.06.2014
Coverage
0
50.94249743ii
50.94249743
Shareholder equity
0
3`249.90000000
3`249.90000000
Total liabilities
3`300.84249743
On or about July 10th 2014, F.DERP will issue a total of 100`000`000 shares, each with a nominal value of 32499 satoshi, for a total of 3`249.90000000 BTCiii.
F.DERP realised no operating revenue this period. The P/E implied value per share is thus 0 BTC. It is expected to realise operating revenue next period, especially if more VC shitshows hit the news and end up listed by MPEx. In principle the life expectancy of one such ephemeridae is sixteen months, meaning that once we have sixteen of them sold short we could in principle expect revenue on average each month.
———50.67999893 BTC for 207 D.BPAY shares ; 0.26249850 for 5 D.BTGO shares. [↩]For the sake of sanity, until such a time as a D. share is discontinued by MPEx, annulling F.DERP's liability, F.DERP will provision against the vanishingly unlikely prospect of success of the underlying venture a BTC sum equal to the total net revenue from sales thereof. [↩]Originally it was going to commit ten times as much capital, but owing to the appallingly poor demand for the sort of shit it sells I've scaled it back - the reasoning being that a 50 BTC gain on a 30k capital base will still appear unattractive to the average investor, even if F.DERP should do an exceptional job operationaly, scoring 100% success on that line.
The remainder is still available and will be added in should the market for VC smoke improve somehow in the future. [↩]
« Ah sweet sweet delicious communitard tears
I Suspect There Is More To This World, or A Story Of The Unindustrious. »
Category: F.DERP
Sunday, 06 July, Year 6 d.Tr.
F.DERP July - August 2014 Combined Statement
F.DERP incoming and outgoing
Incoming
Outgoing
Description
Value
Description
Value
Cash BTC deposited
4`130.93001555
--
Stock sales
0i
--
Total
4`130.93001555
Total
0
F.DERP assets
Account
01.07.2014
Net change
31.08.2014
Cash
3`300.84249743
4`130.93001555
7`431.77251298
Tangibles
0
0
0
Intangibles and goodwill
0
0
0
Total assets
7`431.77251298
F.DERP liabilities
Account
01.07.2014
Net change
31.08.2014
Coverage
50.94249743
0
50.94249743
Shareholder equity
3`249.90000000
4130.93001555
7`380.83001555
Total liabilities
7`431.77251298
F.DERP issued a further 12`710`945 shares, each with a nominal value of 32499 satoshi, for a total of 4`130.93001555 BTC, bringing the total shares outstanding to 22`710`945.
F.DERP realised no operating revenue this period. The P/E implied value per share is thus 0 BTC. It is faintly expected to realise operating revenue next period, on the vague hope that who knows, maybe the alleged investors in these things actually exist, and maybe even operate within some sort of a rational, market-driven environment. Perhaps.
———Apparently the appetite for these things narrowly matches the appetite for Ethereum, Doge and similar crap. [↩]
« MPIF (F.MPIF) August 2014 Statement
Let me give you ideas »
Category: F.DERP
Saturday, 06 September, Year 6 d.Tr.
Fatlogic
Motto : I don't know what that means...
Let's explain it then.
Fatlogic is the extinction burst-mediated irrational process of attempting to invalidate general principles on the basis of particular considerations.
And now the details.
An extinction burst is a neurologic mechanismi which sends maximal power through a neurostructure about to be reclaimed.ii
The brain context is a wonderful source of patent insanity. For instance, if you have a [particular kind of] stroke, you can dress half of your body and shave half of your face and think everything is a-ok. Because "all" as far as the brain is concerned - ie, the context - means whatever the hell it wants it to mean and contains whatever the hell it wants it to contain, and fuck you.
The conservation of energy is a general principle of the universe. That means it applies universally. That means to anything and everything. Whether we're talking the largest star or the tiniest bacterium, for as long as the input energy exceeds the output energy the internal energy of the system will increase ; for as long as the output energy exceeds the input energy the internal energy of the system will decrease. There is no exception to this rule, nor can there be, nor could there be. Nor will there be.
So now : fatlogic is this logically broken, irrational, nonsensical mental process (it happens in the brain, but it is not reason, much like farts happen in the gut but are not digestion) whereby fat guy in the throes of an extinction burst figures "thermodynamics no longer applies to me" because [reasons]. The listed reasons do not matter in any sense, and for that matter they don't even need to be expressed to any degree. They only pass his own mental filter because the brain goes "oh, can't see any flaws in this logic" exactly in the same manner and for the same reason the stroke victim's mind goes "oh, I see no missed spots after this shave" while half his beard is still attached. Can't see it, dun exist, problem solved. Go human brain!
This is, obviously, a large chunk of [stupid] human behaviour - "Universal doesn't apply to this circumstance because [I don't want it to rightnow]". Fatlogic.
———This is important. Just like hemoglobin fixation or calcium pumping, the extinction burst is a mechanism. The brain is not an ideal logic machine but an organ, very vaguely approximating reason on the basis of mechanisms that evolved for purposes unrelated to actual thought. Expecting your brain to think rationally on its own is not unlike expecting your pancreas or your left gluteus maximus to think rationally on their own. That's just not how this works. [↩]Think of the brain as a php file. In this file, you can write functions. If a function is not used for a while, the space it occupies will be reclaimed (ie, the function will be deleted). Before it is deleted, however, it gets run once at full power, see what happens.
In practice this works like so : if you form the habit (function) to scratch your left nipple once a day, you will get a slight impulse to do this on following days (downregulated functioning). If you stop doing it for a few days, as the habit is about to die you will get a strong impulse to scratch your nipple (full power run). This is how you manage to keep a diet just fine for ten days only to get insanely incredible cravings on the 11th. [↩]
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Category: Gandesc, deci gandesc
Friday, 07 November, Year 6 d.Tr.
Equivalency in cooking
I've just made myself one of my favourite dishes, dearly loved ever since I was a kid. It's easy enough to make, you need some lean tuna (even a can will work), some butter, some garlic and vinegar (preferably balsamic). Grind it all together into an evenly textured paste (even a bowl-and-fork combo works) then spread it on very good, fresh bread. Stale or nonbread stuff probably won't work, but poverty is no excuse for bad bread. Learn to bake for Chris' sakei, it's not that hard.
This dish, as exotic and weird as it may sound to you does in fact exist, of course, you probably know it as tuna salad. Except the fat (butter) is there replaced with mayonnaise, and the acid (vinegar) is replaced with either mustard, vinegar-based pickles or both. And the garlic is taken out seeing how lunch is usually in the middle of the work day and people don't want to garlic up their boss.
To me replacing the butter with mayo in this dish sounds gross, even if I'm not considering the awful stuff mayo mostly gets replaced with in turn, and think of actual hand made, egg and olive oil based mayo, and replacing the vinegar unappetizing at best. But then again it may be a cultural thing.
A remarkably mirrored situation exists with my all-time favourite entree, too. Deviled eggs, if properly made, take mayo and the sauce takes sour cream and mustard. The dish commonly eaten of course is egg salad, which takes some butter or oil instead of mayo, and some vinegar instead of mustard or sour cream. I never cared much for egg salad myself, and in certainly I wouldn't trade the mayo for butter in this just as I wouldn't have traded the butter for mayo in that.
The moral of all this being that the structure of the world is permanently the same, much like say the grammar of the language of our existence. The words used to fill the places grammar dictates vary however, and that variance yields different lives and different foods, these two not being quite as undivorced as one might superficially imagine.
You are what you eat, after all.
———This is Christine. We call her Chris. [↩]
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Category: Zsilnic
Wednesday, 08 January, Year 6 d.Tr.