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Mon Aug 25 20:25:43 UTC 2014  <pete_dushenski>   Kamuela: why am i the one? because i'm committed to keeping it useful for people as far as it can be taken. i'm not looking to grow and sell out. my interests are aligned with keeping it one of the most decentralized ways to act in the BTC economy << "committed" is in no way a skill as it's here presented any more than a grade school student is committed to not getting an F.

Mon Aug 25 18:12:28 UTC 2014  <Kamuela>   why am i the one? because i'm committed to keeping it useful for people as far as it can be taken. i'm not looking to grow and sell out. my interests are aligned with keeping it one of the most decentralized ways to act in the BTC economy

Mon Aug 25 10:28:38 UTC 2014  <mircea_popescu>   Thus, the altcoin communities are not just embarrassing, but dangerous. Desperately wishing to be taken seriously despite having nothing worthwhile to offer, they will say absolutely anything to convince other people to join them. They persist in saying things easily refuted by economic logic, common sense, or verifiable facts.

Mon Aug 25 05:26:10 UTC 2014  <pete_dushenski>   mircea_popescu: maximizing the market is not a valid goal of economics any more than maximizing body weight is not a valid goal of medicine. << lulz

Mon Aug 25 03:17:05 UTC 2014  <asciilifeform>   economic reasons >> so long as the slaves get the right kind of marching powder (i.e., with the requisite proportion of meth to opium) - what economic reasons ?

Mon Aug 25 03:15:23 UTC 2014  <mircea_popescu>   but i don't believe you'll ever be able to run a place where drugs (the actual sort) are legal, for purely economic reasons.

Mon Aug 25 00:02:36 UTC 2014  <mircea_popescu>   asciilifeform exactly. the fiat economy is predicated on the theory that value may be constructed out of a trillion promises that each on and of itself is worthless

Sun Aug 24 20:50:17 UTC 2014  <assbot>   Someone bemoaned that there were so few women in economics. But there are also very few men in economics.

Sun Aug 24 02:23:50 UTC 2014  <mircea_popescu>   the thrift is actually the historical point here. economy started its life as an attempt to waste less.

Sun Aug 24 02:22:28 UTC 2014  <BlueMeanie4>   economics literally means 'efficiency'

Sun Aug 24 02:21:51 UTC 2014  <mircea_popescu>   maximizing the market is not a valid goal of economics any more than maximizing body weight is not a valid goal of medicine.

Sun Aug 24 02:14:40 UTC 2014  <ThickAsThieves>   bluemean4 representin Team Marketoids v. mircea_popescu with Team Perfect Economoids. Fight!

Sun Aug 24 02:00:44 UTC 2014  <mircea_popescu>   they have not. just, you never used any math and you never had much to say about economics.

Sun Aug 24 02:00:24 UTC 2014  <BlueMeanie4>   the basic laws of math and economics have not failed nor have they been altered

Sun Aug 24 01:57:36 UTC 2014  <BlueMeanie4>   i find it unfortunate that so many are bogged down with these voodoo economic ideas when they should be building better machinery to deliver real functions

Sun Aug 24 01:28:48 UTC 2014  <BlueMeanie4>   actually our economic crisis was blamed on a sort of security

Sun Aug 24 01:28:27 UTC 2014  <mircea_popescu>   whenever the random idiot gets involved across the board, the economy goes to shit.

Sun Aug 24 01:03:15 UTC 2014  <nubbins`>   yeah, ##econometroid or something

Sat Aug 23 04:52:16 UTC 2014  <The20YearIRCloud>   I'm basing my statement on individual states based on balanced books and economic outlook, i realize that states suck the government teat, however if you look at total federal aid and who it goes to ,the big thing is military aid

Sat Aug 23 02:57:43 UTC 2014  <youtubetard>   especially with the use of crypto tech such as btc and being able to generate more free flowing economies

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