-
midipoet
how is everybody in Monero land? all hanging in there?
-
decent-username[
midipoet: What do you mean with "hanging in there"?
-
decent-username[
I'm not in monero, because I want to make big shekles. I just love the technology.
-
midipoet
i was asking about everyones' general wellbeing
-
midipoet
if that includes your wallet status, that context is fine as well, i suppose
-
decent-username[
I'm healthy and happy. Thanks for asking :3
-
decent-username[
midipoet: I hope you're also happy and healthy.
-
midipoet
yes to both. thanks
-
Inge-
All well here
-
midipoet
Inge-: good to hear
-
SerHack
I'm fine, thanks for asking!
-
Inge-
lol
-
Inge-
Glad to hear it SerHack
-
midipoet
SerHack: yes, good to hear :-)
-
kinghat[m]
looks like xmr is performing well price wise
-
Inge-
just another 20x and we'll be talking :D
-
asymptotically
.ath
-
monerobux
BTC ath = 0.03475393 on 2018-01-09T00:00:00.000Z. USD ath = $542.33 on 2018-01-09T00:00:00.000Z
-
rehrar
Meeting today?
-
needmonero90
What meeting
-
needmonero90
It is Wednesday, my dude
-
sarang
Thursday
-
sarang
Or at least Wednesday++
-
needmonero90
Oh
-
needmonero90
So it is
-
needmonero90
I need a clock that tells me what day it is
-
nioc
we meet everyday
-
kinghat[m]
its the pancake breakfast
-
sgp_
today does not feel like a Thursday haha
-
needmonero90
brrrrrrrrrrr
-
midipoet
needmonero90: cold where you are?
-
needmonero90
no, thats the sound of the money printer
-
needmonero90
going brrrrrr
-
needmonero90
everything is surreal :(
-
midipoet
yeah, it's a total real life Black Mirror episode
-
midipoet
few real life cases if C-19 my way of the world/network. pretty grim
-
midipoet
*of
-
sarang
Shelter-in-place for an "invisible storm" is very surreal
-
sarang
Not like sheltering for a tornado or hurricane, where the danger and duration are better understood
-
sgp_
I went outside for the first time since Sunday for 5 seconds to get the mail and it felt weird
-
midipoet
to be honest, that is the way i felt until the actual stories filtered in of people that i know and/or friends and family know. then it becomes a bit more tangible
-
sarang
The whole situation is just horrible
-
sarang
makes you feel so helpless
-
midipoet
indeed. though i have to say the open hardware/software shared doc that RIAT shared was pretty neat.
-
midipoet
it's also hard to stay sober, with all the conspiracy theories flying about the place
-
kinghat[m]
buddy and his wife are going on the malaria drug
-
needmonero90
lucky they managed to get some
-
midipoet
i got the "it's Bill Gates that started it" line last night
-
needmonero90
china has started ramping up a campaign too
-
midipoet
kinghat[m]: doxycycline?
-
needmonero90
claim they eradicated the virus -> open up ports -> report the existing virus cases -> blame America and other countries
-
kinghat[m]
nah thats an antibiotic? the hydro one.
-
needmonero90
hydrochloroquine
-
midipoet
sounds fun
-
kinghat[m]
^
-
kinghat[m]
didnt know it was in short supply
-
needmonero90
dude. Anything related to the pandemic is in short supply, even stuff thats mass produced already - like toilet paper
-
needmonero90
you think a prophylactic/cure is still on the shelves or being shipped?
-
kinghat[m]
even if it is, its way easier to ramp that up since there are no barries in the way(trials/approval/etc/)
-
midipoet
to be honest, i do think a pandemic (or worldwide emergency) does break down ideological borders between cultures/people. slightly paradoxical as physical borders have been raised in the process
-
needmonero90
-
monerobux
[WIKIPEDIA] Beer distribution game | "The beer distribution game (also known as the beer game) is a type of gamification that is used to experience typical coordination problems of a supply chain process. It reflects a role-play simulation where several participants play with each other. The game represents a supply chain with a non-coordinated..."
-
kinghat[m]
they had no issue getting it 🤷♂️
-
needmonero90
thats eye opening kinghat
-
needmonero90
it got linked on HN 3 days ago
-
needmonero90
-
needmonero90
-
monerobux
[WIKIPEDIA] Bullwhip effect | "The bullwhip effect is a distribution channel phenomenon in which forecasts yield supply chain inefficiencies. It refers to increasing swings in inventory in response to shifts in customer demand as one moves further up the supply chain. The concept first appeared in Jay Forrester's Industrial Dynamics..."
-
xmr-pr
[meta] SamsungGalaxyPlayer opened issue #450: Community Workgroup Meeting: 28 March 2020 17:00 UTC
-
xmr-pr
-
kinghat[m]
-
kinghat[m]
did anyone read that all of the government checks being sent to individuals will have to be paid back via next years taxes?
-
midipoet
i did not read that. so it's just an interest free loan then?
-
midipoet
with the added bonus of being in debt to the IRS, and not your local bank
-
sarang
Citation?
-
needmonero90
midipoet: As I said earlier, I'm waiting for the moment they print dollars without a matching debt attached. The scheme of being an interest free loan from the IRS fits with the pattern of avoiding that at all costs.
-
needmonero90
I wouldnt be surprised if its true, though I would love to see the citation
-
midipoet
sure, but why would they do that when they can just put off the debt repayment to some future date and time (pretty much indefinitely)? ie. what is the advantage to them of not having the matching debt?
-
needmonero90
it breaks the scheme
-
needmonero90
all money is created with a matching debtr
-
needmonero90
if you start printing without matching debt, the debts can be repaid
-
needmonero90
and then where would we be
-
needmonero90
the system relies on the debt exceeding the money in the system, its why we're constantly fighting a deflation monster
-
nioc
if it needed to be paid back it would be widely known
-
needmonero90
the bill hasnt passed yet
-
needmonero90
if it passed with that wording it would be widely known
-
nioc
if it is so then how would any of the pols get re-elected
-
needmonero90
Is there an alternative
-
needmonero90
they need the money, today
-
needmonero90
they'll deal with the consequences, tomorrow
-
nioc
we are "giving" every american making under 75k $1200
-
nioc
.w giving
-
monerobux
[WIKIPEDIA] Giving | "Giving may refer to:Gift, the transfer of something without the expectation of receiving something in returnGenerosity, the habit of giving freely without expecting anything in returnCharity (practice), the giving of help to those in need who are not related to the giverGiving: How Each of Us Can..." |
en.wikipedia.org/wiki/Giving
-
nioc
if not then..........
-
nioc
pitchforks
-
kinghat[m]
i dont have the citation which is why i asked if anyone had read that.
-
kinghat[m]
its probably not the case but it wouldnt shock me.
-
needmonero90
where is the matching debt tho
-
needmonero90
its gotta be somewhere
-
kinghat[m]
i havent even read the bill 🤷♂️
-
midipoet
i know that 750 billion is loans to industry
-
midipoet
i understood the payment to individuals was just that, a payment
-
needmonero90
that would be completely unprecedented
-
needmonero90
I would be shocked
-
needmonero90
and its exactly the catalyst that I think would cause crypto to shoot up
-
midipoet
didn't they do it before after 9/11?
-
midipoet
$200 quid or something?
-
needmonero90
didnt that come out of tax funds?
-
needmonero90
wikipedia and google are showing no helicopter money actions as of yet
-
needmonero90
yeah ben bernanke didn't even consider helicopter money until '02 from what I can see
-
sgp_
kinghat[m]: I've seen nothing about people needing to pay back the amounts
-
sgp_
everything I've seen says people get checks weighted to their income (the more you make, the less
-
sgp_
*the less you get)
-
needmonero90
does that continue into the negatives? Because this crypto drop was nasty
-
sgp_
helicopter money is happening since it's attention-grabbing and happening during an election year
-
sgp_
needmonero90: I don't know how they will decide income (2019 income? expected 2020 income?)
-
sgp_
cutoff for an individual is $75k for the full amount
-
sgp_
(at least that is the expected number)
-
sarang
I've heard 2018 filed income, or 2019 if filed already
-
sarang
Which is not ideal, if people's circumstances have changed
-
sarang
It seems to me that means-testing has definite downsides :/
-
sgp_
right, suppose someone made $100k but lost their job now
-
nioc
if you don't have electronic payments set up with the IRS it will take many months to get the $
-
nioc
even with it will be a while
-
sarang
I suspect that removing means testing would be something of a rounding error, but would benefit many people who need help
-
sarang
but I am not an economist
-
sgp_
I haven't done any research into how people will get the money, except I have seen predictions that it won't go out for *at least* a month
-
sgp_
Random but I need another monitor haha. I'm using my monitor for work now and don't have an extra one for my normal computer, RIP
-
nioc
micro center store is open in NY cause they are considered an essential business
-
nioc
people needing to work from home and all
-
sgp_
they just closed the popular parks here in Chicago. I got an "important extreme alert" phone full-wake notification
-
sgp_
I'm interested in reading the full implications of the bill that is actually passed
-
sgp_
-
xmrmatterbridge
<midipoet> So it's not being delivered on a USA issued debit card? I kind of liked that idea, even given the privacy shitshow
-
nioc
direct deposit if you are already set up for that, otherwise by check but they are looking into using debit cards instead of checks
-
kinghat[m]
i mean im sure there is a large portion of poor that dont file taxes
-
needmonero90
-
xmrscott[m]
According to NYT guide normal humans do not pay back the <= payout
-
xmrscott[m]
*<= 1200
-
xmrscott[m]
Keep in mind tho House could add amendments, etc that change the bill, so not worth taking too much stock into it until the prez signs
-
nioc
normal humans
-
xmrscott[m]
Said 'actual persons' in my mind, came out 'normal humans' on my hands
-
xmrscott[m]
As opposed to corporations w/ fake personhood status
-
nioc
it was clear
-
kinghat[m]
really wish they would just run one bill with whatever they want to give to individuals. so much fuckery.
-
kinghat[m]
you shouldnt be able to pack that shit.