In addition to that, I think it's amazing that a law can forbid an action not regarding what this action "is", but only regarding what it is "claimed" to be.  It's like punishing "intention", not "acts".  In french that's what we call a "délit d'intention".  I very much think such a thing is unconstitutionnal.

What people have in mind is never a crime.  Crime is what people do, not the reason why they do it.

Tion mi jus rimarkis !

Pri tio mi felicxas, cxar ecx en la franca aux en la germana la vikio ne estas tradukita.

Kiun mi devas danki ? 

PS.  ah ne, nur parteto estas tradukita, bedauxrinde 

So far, I just bought them.

But I intend to sell some linux stickers very soon.  They will be very cheap, since I will sell them below my purchase price.

I'm afraid such an activity would be illegal.  Therefore, apart from purely IT-oriented businesses, with off-shore servers, it would not be possible.

Is your table really a piece of wood ?  I mean, it's made of wood, but there are other stuffs in it :  nails, painting, whatever...  And you're talking about YOUR table, which is a particular table.  Some tables are made with other material than wood.  You can say "my table is a piece of wood", but you can't say "A table is a piece of wood".  This not a definition, not even a characteristic for the general "table" concept.

Definitions are always tricky if one wants to question them thorously.  But the good thing is that they are nothing but conventions.  It is therefore pointless to argue about them.

As far as I'm concerned, I don't care much whether gold and bitcoins are money, currency or commodity.  This is all relative.

Ben c'est juste que ça me parait bien mieux que le cash pour stocker de la valeur, et même mieux que l'or (même si je ne vendrai pas tout mon or, non plus...).

Hum, sinon, louer un serveur, ça peut être rentable...  bonne idée.

Also, I doubt they've built this machine in order to generate bitcoins ! 

Salut malouin.

pas beaucoup de monde ici pour l'instant.  J'espère que ça va changer.

+1

F.ck.ng b.st.rds.   I hate them.

Even if there were the only one who generated bitcoins, it wouldn't be of much use if they don't spend it.

That the point of fixed amount money system :  any corner is only temporary, otherwise it's useless.

Well, we had Napoléon Bonaparte, if such a comparaison worths anything.

Just want to remind people that I sell silver too.

You have to like french coins, though.

Ok but what is gold ?  Is it money, a currency, a commodity or what ? 

Truly gold is a chemical element.  Nothing more.

Well, in the same way, bitcoin is a p2p network that comply to a certain protocol.  If you want to know what is bitcoin, the best way to find out is to read the source code.

PS:  this is "applied objectivism", I guess

It's very common to denounce the "digging ditches" fallacy as an absurd way for keynesianists to try to improve work market by offering useless jobs.

I think there is also some kind of useless intellectual work which is used in current bureaucracies and technocracies.

I saw once a movie which was quite subversive, and was trying to question the very basic fondations of our societies.  In a scene, several friends were talking about theirs jobs during a dinner.  One of them was criticized for its job of physician, and for the huge amount of money he was "earning".  At some point, he said something like :

"During our youth, we studied hard to gain our diplomas.  It's normal that we now get a reward for that."

This is a strange conception of economics.  It sounds that for him, a good salary is a right you earn once with some work, and that is perpetually yours after that.  As if intellectual superiority during youth could be a way to obtain a privilegde of being paid every day not for what has been done during this day, but for what was done a long time ago.

Knowledge is not a way to acquire the right not to comply to economic rules.  It is supposed to be a way to accomplish oneself, and hopefully to create wealth while doing so.

Sometimes it seems to me that intellectual elites think that there is just no way to earn one's life decently in a free market.  Therefore, they think they should organize a way to recognize each other by distinguishing smart young people, in order to give them the right to finance their way of life via taxation and thus by the use of public force.

Of course, this is absurd, because all this brain power is not used for what it is, but just as a way to obtain something that can very much be considered as a priviledge.  This is a waste of intellectual resource, but above all, a huge injustice.

PS.  Here in France, for instance, 56% of the GDP directly comes from state spending.   Some polls showed that 70% of young people would like to become a state employee.  And of course, but this is just an impression I've got, it seems to me that as in many countries in the world, the professions that are associated to social success are mostly those who are not related to economics reality (not complying to offer and demand, but to state subvention or direct funding) :  physicians, lawers, teachers and such.

I missed the name of the 1000nd member.  Too bad.

Well, this is all quite true.  But to me it is not clear that Kiba was aware that he was selling 50% of his company, and not 100%.

Kiba oviously can't sell his reputation at a huge price as Google did.  The only thing he could sell beyond the price of the machine, is his idea and his motivation to make it real.  And it is not particularly original.   Thus to me, his company worhs very few more than the price of the machine.

It is nice anyway to see such a young person (I think he said he's a teen) interested in venture capitalism.  I might indeed be interested.  But he has to come up with a proper initial offering.

Well, that was funny anyway.   

Just don't take it too seriously   Also, if someone is very interested in an internet project, I doubt such a bad welcome could prevent him from getting more involved.

Cool.  I'm going to have some fun writing a bash/gnuplot script in order to print a graph of that.

Edit.  I like the format of the datetime

Edit bis.  Here is some code :

This reminds me of a reflexion I had once about objectivism.

It started when I was wondering whether there is a real qualitative difference between democracy and dictatorship.  I was also wondering if one can really consider democracy as a "dictatorship of majority towards minority".

Then it appeared to me that all those definitions are purely conventionnal.  It's only in maths that things have clear bondaries that allows us to identify them with no doubt.  In real life, there are, as antic materialist philosophers said once, "only atoms and emptiness".

There is no point arguing endlessly about how to call things.  Things exist beyond the name we give them.  That's how I understand objectivism.

+1

And it's not just rethoric.  I used to work in a bank and the director told me once how important it is to stay "near the tap".