IRC Driven

[00:00:46] login You can hear about the pig stuff here: https://www.youtube.com/watch?v=4Tpiuci2ghM

[00:01:04] login Do they sell small monitors anymore?

[00:01:11] login like the old squarish ones

[00:01:29] login You could stream to your phone too, with the right software

[00:04:02] login Here's the pig timestamp: https://youtu.be/4Tpiuci2ghM?t=646

[00:04:44] login ComputerTech: what's your timeframe for starting your software sole trading business?

[00:05:30] login sole trading = trading as a sole proprietor

[00:06:00] login At some point you'll have to be earning your own money from clients outside the family company - or no?

[00:06:32] login Don't go degen gambling ;)

[00:06:59] login it's negative expected value, i.e., giving money away

[00:07:18] login what about microtransactions on games?

[00:07:39] login fortnite gets $1B in revenue per year in skins, doesn't it?

[00:08:07] login and all the mobile games: forza, candy crush, etc. look like gambling games on the inside

[00:08:35] login it's internet gambling - there is a lot of money in it

[00:08:41] login and there is no regulation of it

[00:08:56] login then there's actual internet gambling - mobile browser slots - legal in the UK

[00:09:34] login Well, goes on to show that psychology is divorced from the reality of getting money out of it

[00:09:48] login In games with coins, one can always lose to a chosen opponent on purpose to 'transfer'

[00:10:02] login !bang

[00:10:06] login !reload

[00:10:08] login !bang

[00:10:17] login Oh, I missed it

[00:10:35] login I guess that's true - 100% loss rate, so there's no regulation required

[00:11:12] login In many countries, gambling winnings are not considered taxable income

[00:11:14] login no matter what size

[00:11:20] login because it's not work, but a hobby

[00:12:15] login yeah, winnings above a limit in the US (is it 10000 USD or 1000 USD or 5000 USD?) are taxable

[00:12:55] login even if it's a gift?

[00:13:25] login found on the ground?

[00:14:05] login i see

[00:14:11] login they just want visibility i guess

[00:15:03] login some countries have rules that if the scheme is primarily to gain a tax benefit, it's illegal

[00:15:31] login purpose of income?

[00:16:19] login So if they audit me and then find out I got >$6000 but didn't file it - they will charge penalties on it?

[00:16:23] login even though no tax was owed on it?

[00:17:26] login so it can't be a business

[00:17:51] login that is a fuzzy standard though

[00:18:05] login if you like switching guns like switching phones every 2 years

[00:18:44] login I guess it would depend on volume too

[00:19:01] login Even if a profit was made on each

[00:19:16] login Switching every month, or switching 20 guns every year - more dicy

[00:19:41] login What if you are a high-volume collector?

[00:20:33] login No wonder IRS officers have to specialise

[00:21:04] login The courts interpreted the constitution creatively to make it real though

[00:21:10] login It was supposed to go away after WW2, but stuck around

[00:21:13] login and in other countries too

[00:21:40] login I think it will happen

[00:21:49] login but as an alternative to the dollar

[00:21:51] login in foreign countries

[00:22:08] login China currently fixes the yuan everyday with respect to a hidden basket of currencies

[00:22:18] login it may start increasing the share of gold in its hidden basket

[00:22:40] login Globalism isn't bad though

[00:23:33] login They could have mandated a fixed quantity increase per year

[00:23:41] login instead of controlling the price of money

[00:24:10] login It won't be crypto

[00:24:15] login It'll be a fed account

[00:24:27] login I think they won't need to make a CBDC

[00:24:35] login FedNow will be an 'indirect' cbdc anyway

[00:25:03] login if it follows the same implementation as the one in other countries, each bank implementing the system will have a daily limit

[00:25:18] login It's not that bad, it's just like normal banking (and the associated 'tracking')

[00:25:55] login If the bank is forced to hold a certain amount of money at the Federal Reserve per bank account, is that a CBDC?

[00:26:13] login that amount of money in your bank account is directly backed by the federal reserve balance of that bank

[00:26:21] login it's not segregated, so not trackable by the government

[00:26:36] login I thought the gov and the people had the same objective: and taxes were the link

[00:26:49] login If the gov hated its people, it would collect lesser in taxes

[00:27:06] login The gov can already turn your bank account off, well, indirectly

[00:27:21] login through rules around suspicious transactions

[00:27:41] login if you run a marijuana business, your bank account will get frozen and you will get debanked from banks that don't want to take the compliance risk

[00:27:56] login same with crypto - they don't know if you're making money by issuing a scam coin etc.

[00:28:30] login End3r: it's because of social welfare

[00:28:36] login take the welfare away, and you'll have civil war

[00:28:46] login No, he didn't

[00:28:52] login his death was under suspicious circumstances

[00:28:56] login broken cameras etc.

[00:29:10] login He had some deep information

[00:29:26] login If he was smart, he would have had a dead man's trigger going

[00:29:48] login some computer that scans the newswire for his death

[00:30:04] login The NSA probably has it

[00:30:29] login irish666: the population growth is from immigration though

[00:31:01] login They would call it disinformation

[00:31:08] login China's isn't growing anymore

[00:31:21] login it's only Africa and Pakistan

[00:31:26] login India's is also at replacement level

[00:31:52] login They haven't gone full nazi yet, but yes, it is getting there

[00:32:00] login national socialism under the guise of capitalism

[00:32:11] login On the other hand, China has a lot of capitalism

[00:32:34] login It's not that bad

[00:32:39] login The US still has the big guns

[00:32:46] login And immigration is the US's strength

[00:33:02] login military adventurism

[00:33:21] login They still haven't explained why it happened

[00:33:33] login you give too much credit to gov though

[00:34:15] login How did they die?

[00:34:18] login 9/11 right?

[00:34:43] login Al Qaeda's goal was to be make a flashy demonstration of what the US does abroad

[00:34:52] login they had plans to target nuclear missile silos

[00:35:06] login even Osama bin Laden thought that would be too controversial

[00:35:49] login It was a result of funding Mujahideens in Afghanistan to drive the soviet union away

[00:35:59] login Hillary Clinton said that

[00:36:33] login ^ that's a good decision

[00:36:41] login stopping to use irc on your phone

[00:37:10] login oh, maybe they knew but didn't find the operational details of it

[00:37:19] login that is why now they act pre-emptively

[00:37:30] login killed ISIS's current and future leader's sons

[00:37:50] login if the money is zero-sum, then capitalism dies

[00:38:06] login Capitalism is supposed to be non-zero-sum, and thus so must the money

[00:38:38] login yes, correct ^

[00:38:46] login People have forgotten why there were debt jubilees

[00:39:01] login I think money supply modulates on population growth

[00:39:20] login higher population = more units of food need to produced

[00:40:01] login and the role of making sure the price of food goes up over time, is to impart 'theta' on money

[00:40:09] login i.e., money should melt over time

[00:40:26] login because development now is worth more than development in the future

[00:41:11] login fractional reserve banking is just a mechanism, and the reserve ratio in the US is 0% now

[00:41:33] login so the fraction is not even required to be any constant like 10% or whatever

[00:42:02] login Why not give it to the government?

[00:42:15] login it's "risk free"

[00:42:26] login especially if it's short term and they don't close the gates

[00:42:58] login How will you collect? will there be a contract?

[00:43:25] login So what you'll be doing is giving them the bank's IOUs

[00:43:30] login and accepting their IOU in exchange

[00:43:33] login usually, a bank does that

[00:43:50] login Have you checked their credit score and gotten a copy of their bank statements?

[00:43:56] login i.e., what a bank would do before issuing a loan

[00:44:29] login Plus, you cannot report anything to the credit bureaus

[00:44:41] login Also, what's the repayment schedule and interest rate

[00:44:47] login What are they planning to do with the money?

[00:44:56] login Dr_DICK: what will you spend it on?

[00:45:27] login So being a pimp and drug dealer, Dr_DICK?

[00:45:37] login less than the bank's deposit rate?

[00:45:54] login if so, that person would do well to just deposit it in the bank and pay you your interest

[00:46:01] login it's risk free money to your friend

[00:46:23] login You won't open a banana stand or work at an auto mechanic?

[00:46:31] login Is it for an MLM?

[00:46:45] login is it herbal?

[00:46:52] login chinese medicine? ginseng?

[00:47:05] login Is it profitable? or is it just income smoothing?

[00:47:19] login I see, so it's an advance on their future pay basically

[00:47:28] login i.e., credit card interest rate

[00:48:33] login I guess if you love your friend, you'll give them the money

[00:48:49] login So you're going to give them a nominal interest rate instead of indexing to inflation?

[00:49:22] login either charge them no interest, or charge the deposit rate on your current bank account

[00:49:31] login And don't expect to get any money back

[00:50:01] login Do people do this kind of thing in America?

[00:50:12] login Anything can affect employment

[00:50:21] login since you have no inside look into the company's financial health

[00:50:44] login And unemployment insurance is not a thing in the uk, is it?

[00:51:16] login As they pay it back, it will hurt their future income

[00:51:40] login They will feel resetment at losing that cut of their future income

[00:52:07] login International loan?

[00:52:14] login That's scammer level risky

[00:52:29] login You'll never be able to collect unless you know some 'gangs' in the US

[00:52:45] login I wish there were a way to get 'insurance' on this loan

[00:53:09] login Will you transfer using Wise?

[00:53:28] login Peorth: at least Donald Trump Sr. made enough money to leave his children a fortune

[00:53:37] login He didn't spend it all on himself

[00:53:52] login Crypto would be 5%

[00:53:59] login Bank might be better

[00:54:11] login Best would be an international card with no foreign exchange transaction fee

[00:54:39] login mastercard would give you the actual wholesale rate + 0.03% markup

[00:55:03] login or your local card if it works with international transactions

[00:55:33] login Bank would be a v bad rate (2% off their own rate) + fixed fee for SWIFT transfer

[00:55:47] login PayPal would be 2.7-2.9% - they all know each others' rates

[00:56:40] login If you have a brokerage account, you could do something if a stock is traded in the UK and the US

[00:57:52] login but even there, taking the USD out into a US bank account that is not yours is impossible

[00:58:15] login You could use Wise too

[00:58:55] login You can buy a travel card, load it with USD, and mail it to them

[00:59:05] login if it's registered mail, nobody will open it

[01:00:11] login Prepaid USD gift card bought online and delivered to a US address might also be possible

[01:00:26] login ^ use case is gift to family in the US on their birthday ;)

[01:03:31] login you should be a radio jockey

[01:09:37] login ComputerTech: will you be doing an MBA?

[01:09:50] login since administering a business is an important skill

[01:10:16] login but first you'd have to do a bachelor's degree right?

[01:10:22] login will that be in civil engineering

[01:10:43] login or chemical engineering?

[01:10:58] login or a liberal arts degree

[01:11:10] login for enlightenment

[01:11:18] login Or you could go into the trades proper

[01:11:29] login get a technical degree

[01:11:40] login or whatever the system for the trades is in the UK

[01:12:04] login Or would you prefer working in the office doing accounting?

[01:12:22] login You could also do something difficult like accounting (especially if you want to get chartered)

[01:12:45] login or, you could become an actuary - which is actually really hard - lots of very fast math, statistics and rules of thumb involved

[01:13:04] login Or just work as a sysadmin

[01:13:25] login Do you think diversification is important, or concentrating on taking over?

[01:14:20] login Or, if you want to get a feel for how other employers are, you could apply as if you were not employed

[01:14:44] login You might get a feel for the market just by applying and interviewing (without any intention of taking a job)

[01:15:05] login Looking at job advertisements and requirements and working backwards from there

[01:15:34] login It might be good for your self-development, to venture a bit further away from the nest temporarily, so to speak

[01:15:58] login e.g., in academia, there is a strong culture not to do all your degrees from the same institution (academic incest, they call it)

[01:16:25] login Similarly for your working life and skills, might be very useful or eye-opening to see how it is out there

[01:16:47] login Prove yourself by getting an offer (that you won't be accepting)

[01:17:13] login It may give you better direction on where things are going

[01:17:42] login You know, other employers are very demanding and pay is very low in the UK

[01:18:05] login They need to make more money out of you than they pay you, with a comfortable margin of safety

[01:20:13] login lol ignored

[01:20:36] login You can do HFT in crypto then

[01:21:03] login How do you feel now?

[01:21:10] login The world will go on, won't it?

[01:24:26] login i think computertech should go back to poland and pay some superprogrammer in poland to teach him the ropes

[01:24:34] login he'll come back a changed man

[01:26:03] login maybe ComputerTech should skip all that and go straight to philanthropy

[01:26:11] login debut some paintings

[01:26:41] login or maybe go through bitcoin's code and submit some pull requests that get accepted

[01:27:02] login He can create a sheep genitals nft

[01:27:09] login might make a lot of money from it

[01:27:57] login no, which is why it'll be a good nft

[01:28:40] login tbh, best case for ComputerTech is getting into cryptography and Ethereum

[01:28:59] login and becoming a good enough programmer to get pull requests accepted into one of the ethereum implementations

[01:29:30] login those are already nfts

[01:30:07] login i was on a twitter spaces recently, and the other crypto degen i heard there said his dad had a property portfolio in malta

[01:30:26] login and he, the son, 30 years old, bought lost of nfts and got rug pulled

[01:30:32] login *bought lots

[01:30:48] login but made money early on eth too, and then bought 'rugs'

[01:31:08] login Is that gambling or investing?

[01:32:14] login what if you never sell and just like making your mark on the blockchain?

[01:34:06] login here's an idea: selling nfts of sheep and actually holding real sheep in custody for the nft owneres

[01:34:55] login you can take delivery of your sheep's milk or wool, or the income from it

[01:35:23] login would you buy it if you trusted the issuer (let's say, associated with netherlands' sheep farmers)

[01:35:59] login each such nft is an actual photo of the sheep

[01:36:16] login I think it's a winning idea: nobody's done it before

[01:38:05] login !bang

[01:46:03] login dsrt^: how are you?

[01:46:35] login dsrt^: Welcome to #computertech

[03:28:04] login tweetdeck is pretty good

[03:28:31] login for posters

[03:29:57] login Imagine a programming language where you write <3 to start comments

[14:39:07] login and grow bigger and have kids

[14:42:07] login how big was the spout of your bottle?

[14:42:18] login and material of construction?

[14:43:14] login diameter?

[14:43:52] login i wish i could do that

[14:48:35] login why?

[14:48:45] login they taste nice enough

[14:48:57] login and are nutritious enough

[14:49:35] login is that normal?

[14:50:00] login you have your own strain/

[14:50:07] login or is it the technique

[14:51:19] login So it's a 1+ year turnaround time

[14:51:43] login You might have found some real intellectual property there

[14:52:57] login it's amazing, converting sunlight and soil into more food

[14:53:18] login do you renew the soil every year?

[14:54:42] login you did well to get a house with good land in it

[14:54:46] login rather than an apartment

[14:56:06] login that pellet fertilizer might be working its magic

[14:56:46] login The correct term for that is alimentary-canal sampling

[14:57:16] login do you have a log book where you record experiments?

[14:58:26] login or a permaculture?

[14:59:30] login if you sell them, do note that your home insurance may become void

[14:59:41] login you'd need vines for grapes

[14:59:55] login selling/giving away to others by means of advertising on the property

[15:00:28] login such an exercise in subsistence is not that bad

[15:00:54] login so you are giving them away

[15:01:08] login double check with insurance

[15:01:36] login the insurer can claim it is a 'home business' and deny any claim

[15:02:15] login the reason is, people are coming over not just to visit - it messes with their models

[15:02:50] login And the valuables in the home if it's producing so many eggs has not been accounted for in their models

[15:03:04] login Fly it by them, get their ok in writing

[15:03:37] login https://www.abc.net.au/news/2022-07-06/couple-denied-aami-home-insurance-claim-after-selling-eggs/101201860

[15:05:08] login they used an honesty box

[15:05:13] login that is not selling per se either

[15:05:44] login and converting water into potable water is also possible

[15:06:06] login you have a testing kit?

[15:06:43] login i.e., less calcium and magnesium

[15:10:00] login when the economy collapses, how do you get your water and test it?

[15:10:08] login it will be from a well, right?

[15:10:45] login that's good

[15:11:05] login ultimately, living when the economy collapses would be like living in an uncontacted tribe

[15:11:56] login semi-ready, because capital equipment doesn't last forever

[15:20:06] login !bang

[15:20:12] login !bang

[15:20:38] login if i had missed, would you have re-armed me before attempting?

[15:21:01] login ty

[15:21:19] login hello foxy

[15:21:36] login has anyone here tried group therapy?

[15:21:53] login what is that response, m268b?

[15:22:03] login !bang

[15:22:32] login ty, never seen a duck detector before

[15:24:05] login How nice is envs.net?

[15:25:11] login how come launchd is not on this list? https://wiki.technet.chat/index.php/Staff

[15:27:53] login you might be a part of the secret police

[15:28:31] login me too

[15:29:38] login i don't think ComputerTech has the ability to be jealous

[15:49:44] login but he had a badge with initials that expand out to 'right wing'

[15:52:04] login RWDS - right wing death squad badge

[15:52:16] login source: https://inews.co.uk/news/world/texas-shooting-extremist-network-mass-shooters-allen-gunman-far-right-2326595

[15:54:56] login Hispanics can be right-wing too: the right wingers are surprisingly inclusive

[15:57:35] login the truth is between the lines of the various positioned tv networks/newspapers

[16:10:58] login End3r: the original video might be illegal to possess in certain jurisdictions, but regardless, the claim of the badge is falsifiable

[16:14:24] login they based it based on her clothing

[16:14:46] login i.e., the clothing is fact. whether it was trump supporting or not, or if she was a trump supporter or not, is opinion

[16:15:28] login i think their inference was only based on their red cap

[16:15:39] login her*

[16:19:08] login it's his network

[16:19:22] login it's his wiki

[16:19:48] login You own the results of it, right?

[16:19:59] login We just serve at your pleasure

[16:20:16] login If you dismiss us, do we have any recourse?

[16:20:28] login The king still has veto power on TechNet

[16:20:58] login If someone puts up something objectionable on wiki, it increases only ComputerTech's liability

[16:21:16] login all wiki permissions flow from ComputerTech's supreme authority

[16:22:36] login The number of people who call their dog 'my little wolf'

[16:23:07] login as a percentage maybe, but in absolute number, more than 285

[16:23:40] login Where's his mother?

[16:24:23] login Do you have to register dna?

[16:24:42] login to prove ownership in case of theft

[16:26:30] login oh wow, local shelter straight up saying they'd murder

[16:27:26] login they dont advertise that when asking for funds

[16:28:08] login to meet quotas?

[16:29:13] login but that has gone down

[16:30:19] login what a cruel form of eugenics

[16:30:50] login for there to be no more animals capable of being abused

[16:31:01] login (through non-existence)

[16:31:28] login true

[16:32:16] login animals deserve freedom too

[16:33:38] login wild is too much freedom, captive is too little

[16:34:17] login brain machine interfaces might solve that problem

[16:34:53] login they should be free in a large enough captive space

[16:35:00] login like a sanctuary

[16:35:04] login !bang

[16:35:09] login !reload

[16:35:11] login !bang

[16:35:14] login !bang

[16:35:39] login using enhancements there, MAGIC

[16:37:10] login not enough swedish internet users around

[16:37:55] login then other responsibilities like children took over?

[16:38:25] login russia is just beside those two, yet they're not here

[16:39:07] login but they have more cyberweapons than the finnish

[16:39:36] login shouldn't that make them feel safer?

[16:41:05] login mangers is making so much money

[16:41:21] login *magners

[16:41:32] login why does that require bravery?

[16:41:59] login doing the blot

[16:42:03] login 1bang

[16:42:06] login !bang

[16:42:08] login !bang

[16:42:21] login two golden ducks in a row, million

[16:43:07] login what is the goat?

[16:44:27] login Oh that

[16:45:24] login Just like emanuellee here, it proves that sweden still has noncompliant people in it

[16:45:54] login Do you also want to know how to lose $4,500 in cash?

[16:46:42] login Just burn it

[16:46:55] login or cut it into pieces

[16:47:08] login The only reason it's illegal is because the gov can't track it

[16:47:26] login It is functionally equivalent to paying tax

[16:47:42] login except the gov doesn't know about it, so it can't offset it with their spending

[16:47:48] login it is the solution to inflation

[16:47:52] login that they won't teach you in class

[16:48:52] login Key part > with intent to render such bank bill, draft, note, or other evidence of debt unfit to be reissued

[16:48:56] login burning is mutilation

[16:49:31] login Does that include putting it in a suitcase and dumping it in the ocean?

[16:50:20] login There must be case law on burning of bills being prosecuted

[16:50:52] login Oh, i see

[16:51:29] login does burning a bill into ash not render it unfit to be reissued?

[16:51:45] login i guess if you count how much you're burning and burn it in a provable way

[16:51:49] login a bank can reissue it

[16:52:08] login Burn your debt, and the debt ceases to exist

[16:52:32] login ski: oh, so it's tradition to destroy it

[16:54:35] login That is interesting

[16:54:53] login If you are extinguishing the Federal Reserve's debt to you, then why should that be illegal

[16:55:22] login I do say, burning bills is the actual solution to inflation

[16:55:30] login And so is withdrawing your bank balance into cash

[16:55:48] login ^ don't fuck the establishment

[16:55:54] login they'll have you bear their kids

[16:56:29] login It would reduce the money supply while keeping the government in the dark about it

[16:57:37] login it's the equivalent of working for money and never spending it ever

[16:57:55] login Does destroying cash and then 're-issuing it' as electronic currency be okay?

[16:58:03] login *Would

[16:58:19] login Yes, the canonical monetary supply is the bank balance

[16:58:30] login The physical bills are printed in response to demand for them

[16:59:04] login there is no physical bill pre-printed backing the bank balance in the bank's vault for example

[16:59:19] login Many children do not

[17:00:39] login there are some hololive fanatics out there

[17:00:46] login it replaces religion

[17:01:11] login well, it is one of the replacements

[17:01:27] login idolatory is a portion of religion right?

[17:01:46] login *idolatry

[17:02:08] login ski: https://www.federalreserve.gov/monetarypolicy/reservereq.htm

[17:02:13] login Mikoolo: yes, it does

[17:02:21] login not fully, but a part of it

[17:03:09] login Shanghai Disneyland has Winnie the Pooh again, you know?

[17:03:29] login https://www.shanghaidisneyresort.com/en/attractions/adventures-winnie-pooh/

[17:03:49] login > As announced on March 15, 2020, the Board reduced reserve requirement ratios to zero percent effective March 26, 2020. This action eliminated reserve requirements for all depository institutions.

[17:03:59] login So there is no fractional reserve requirement anymore

[17:04:16] login There are other ratios to determine how much to keep in reserves

[17:05:32] login But there is no fixed ratio

[17:06:38] login i.e., a ratio can be calculated, but there is no directly required ratio (other constraints indirectly might constrain the calculated ratio)

[17:10:06] login ski/rizon: here's a video about it: https://www.youtube.com/watch?v=1mDL1fKEVZM

[17:10:48] login Here's a full lecture series on it: https://www.youtube.com/watch?v=etsCGT542AI&list=PLdLiRaajwSXSO6FD9_oQUkjAgQoRHDs8d

[17:11:54] login The actual constraint on money supply is, simply, how willing is a bank to give you a loan

[22:19:52] login !duckstats

[22:20:44] login looked near instant

[22:20:51] login especially the post-shop bang

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