08:04:52 <midipoet> how is everybody in Monero land? all hanging in there?
08:08:19 <decent-username[> midipoet: What do you mean with "hanging in there"?
08:08:45 <decent-username[> I'm not in monero, because I want to make big shekles. I just love the technology.
08:09:44 <midipoet> i was asking about everyones' general wellbeing
08:10:05 <midipoet> if that includes your wallet status, that context is fine as well, i suppose
08:10:53 <decent-username[> I'm healthy and happy. Thanks for asking :3
08:11:05 <decent-username[> midipoet: I hope you're also happy and healthy.
08:11:21 <midipoet> yes to both. thanks
08:49:22 <Inge-> All well here
09:01:07 <midipoet> Inge-: good to hear
13:04:58 <SerHack> I'm fine, thanks for asking!
13:10:24 <Inge-> lol
13:10:32 <Inge-> Glad to hear it SerHack
14:18:01 <midipoet> SerHack: yes, good to hear :-)
15:42:06 <kinghat[m]> looks like xmr is performing well price wise
15:51:54 <Inge-> just another 20x and we'll be talking :D
16:09:43 <asymptotically> .ath
16:09:44 <monerobux> BTC ath = 0.03475393 on 2018-01-09T00:00:00.000Z. USD ath = $542.33 on 2018-01-09T00:00:00.000Z
16:59:10 <rehrar> Meeting today?
17:15:12 <needmonero90> What meeting
17:15:16 <needmonero90> It is Wednesday, my dude
17:17:04 <sarang> Thursday
17:17:09 <sarang> Or at least Wednesday++
17:18:24 <needmonero90> Oh
17:18:26 <needmonero90> So it is
17:18:43 <needmonero90> I need a clock that tells me what day it is
17:36:17 <nioc> we meet everyday
17:43:49 <kinghat[m]> its the pancake breakfast
18:05:28 <sgp_> today does not feel like a Thursday haha
18:20:11 <needmonero90> brrrrrrrrrrr
18:32:53 <midipoet> needmonero90: cold where you are?
18:33:21 <needmonero90> no, thats the sound of the money printer
18:33:23 <needmonero90> going brrrrrr
18:33:37 <needmonero90> everything is surreal :(
18:34:23 <midipoet> yeah, it's a total real life Black Mirror episode
18:35:09 <midipoet> few real life cases if C-19 my way of the world/network. pretty grim
18:35:14 <midipoet> *of
18:36:10 <sarang> Shelter-in-place for an "invisible storm" is very surreal
18:36:25 <sarang> Not like sheltering for a tornado or hurricane, where the danger and duration are better understood
18:42:53 <sgp_> I went outside for the first time since Sunday for 5 seconds to get the mail and it felt weird
18:43:17 <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
18:45:02 <sarang> The whole situation is just horrible
18:45:11 <sarang> makes you feel so helpless
18:46:38 <midipoet> indeed. though i have to say the open hardware/software  shared doc that RIAT shared was pretty neat.
18:46:56 <midipoet> it's also hard to stay sober, with all the conspiracy theories flying about the place
18:47:02 <kinghat[m]> buddy and his wife are going on the malaria drug
18:47:11 <needmonero90> lucky they managed to get some
18:47:18 <midipoet> i got the "it's Bill Gates that started it" line last night
18:47:45 <needmonero90> china has started ramping up a campaign too
18:47:51 <midipoet> kinghat[m]: doxycycline?
18:48:17 <needmonero90> claim they eradicated the virus -> open up ports -> report the existing virus cases -> blame America and other countries
18:48:30 <kinghat[m]> nah thats an antibiotic? the hydro one.
18:48:37 <needmonero90> hydrochloroquine
18:48:45 <midipoet> sounds fun
18:48:46 <kinghat[m]> ^
18:48:53 <kinghat[m]> didnt know it was in short supply
18:49:15 <needmonero90> dude. Anything related to the pandemic is in short supply, even stuff thats mass produced already - like toilet paper
18:49:34 <needmonero90> you think a prophylactic/cure is still on the shelves or being shipped?
18:49:49 <kinghat[m]> even if it is, its way easier to ramp that up since there are no barries in the way(trials/approval/etc/)
18:50:01 <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
18:50:12 <needmonero90> https://en.wikipedia.org/wiki/Beer_distribution_game
18:50:12 <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..."
18:50:18 <kinghat[m]> they had no issue getting it 🤷‍♂️
18:50:18 <needmonero90> thats eye opening kinghat
18:55:31 <needmonero90> it got linked on HN 3 days ago
18:55:46 <needmonero90> https://news.ycombinator.com/item?id=22663332
18:58:37 <needmonero90> https://en.wikipedia.org/wiki/Bullwhip_effect
18:58:38 <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..."
19:00:21 -xmr-pr- [meta] SamsungGalaxyPlayer opened issue #450: Community Workgroup Meeting: 28 March 2020 17:00 UTC
19:00:21 -xmr-pr- > https://github.com/monero-project/meta/issues/450
19:05:26 <kinghat[m]> https://www.justice.gov/usao-sdny/pr/manhattan-us-attorney-announces-narco-terrorism-charges-against-nicolas-maduro-current
19:07:28 <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?
19:12:57 <midipoet> i did not read that. so it's just an interest free loan then?
19:13:40 <midipoet> with the added bonus of being in debt to the IRS, and not your local bank
19:19:24 <sarang> Citation?
19:23:12 <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.
19:23:22 <needmonero90> I wouldnt be surprised if its true, though I would love to see the citation
19:26:04 <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?
19:27:14 <needmonero90> it breaks the scheme
19:27:19 <needmonero90> all money is created with a matching debtr
19:27:30 <needmonero90> if you start printing without matching debt, the debts can be repaid
19:27:33 <needmonero90> and then where would we be
19:27:53 <needmonero90> the system relies on the debt exceeding the money in the system, its why we're constantly fighting a deflation monster
19:28:35 <nioc> if it needed to be paid back it would be widely known
19:28:51 <needmonero90> the bill hasnt passed yet
19:29:00 <needmonero90> if it passed with that wording it would be widely known
19:29:21 <nioc> if it is so then how would any of the pols get re-elected
19:30:09 <needmonero90> Is there an alternative
19:30:12 <needmonero90> they need the money, today
19:30:18 <needmonero90> they'll deal with the consequences, tomorrow
19:31:56 <nioc> we are "giving" every american making under 75k $1200
19:32:01 <nioc> .w giving
19:32:02 <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..." | https://en.wikipedia.org/wiki/Giving
19:32:35 <nioc> if not then..........
19:32:46 <nioc> pitchforks
19:39:34 <kinghat[m]> i dont have the citation which is why i asked if anyone had read that.
19:39:49 <kinghat[m]> its probably not the case but it wouldnt shock me.
19:41:52 <needmonero90> where is the matching debt tho
19:41:59 <needmonero90> its gotta be somewhere
19:45:00 <kinghat[m]> i havent even read the bill 🤷‍♂️
19:55:47 <midipoet> i know that 750 billion is loans to industry
19:56:02 <midipoet> i understood the payment to individuals was just that, a payment
19:58:11 <needmonero90> that would be completely unprecedented
19:58:17 <needmonero90> I would be shocked
19:58:38 <needmonero90> and its exactly the catalyst that I think would cause crypto to shoot up
20:01:34 <midipoet> didn't they do it before after 9/11?
20:01:40 <midipoet> $200 quid or something?
20:07:59 <needmonero90> didnt that come out of tax funds?
20:09:03 <needmonero90> wikipedia and google are showing no helicopter money actions as of yet
20:09:53 <needmonero90> yeah ben bernanke didn't even consider helicopter money until '02 from what I can see
21:15:13 <sgp_> kinghat[m]: I've seen nothing about people needing to pay back the amounts
21:15:33 <sgp_> everything I've seen says people get checks weighted to their income (the more you make, the less
21:17:03 <sgp_> *the less you get)
21:17:46 <needmonero90> does that continue into the negatives? Because this crypto drop was nasty
21:17:49 <sgp_> helicopter money is happening since it's attention-grabbing and happening during an election year
21:18:12 <sgp_> needmonero90: I don't know how they will decide income (2019 income? expected 2020 income?)
21:18:41 <sgp_> cutoff for an individual is $75k for the full amount
21:18:51 <sgp_> (at least that is the expected number)
21:19:13 <sarang> I've heard 2018 filed income, or 2019 if filed already
21:19:24 <sarang> Which is not ideal, if people's circumstances have changed
21:19:35 <sarang> It seems to me that means-testing has definite downsides :/
21:19:58 <sgp_> right, suppose someone made $100k but lost their job now
21:20:33 <nioc> if you don't have electronic payments set up with the IRS it will take many months to get the $
21:21:00 <nioc> even with it will be a while
21:21:11 <sarang> I suspect that removing means testing would be something of a rounding error, but would benefit many people who need help
21:21:16 <sarang> but I am not an economist
21:21:26 <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
21:22:56 <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
21:24:23 <nioc> micro center store is open in NY cause they are considered an essential business
21:24:38 <nioc> people needing to work from home and all
21:25:09 <sgp_> they just closed the popular parks here in Chicago. I got an "important extreme alert" phone full-wake notification
21:30:07 <sgp_> I'm interested in reading the full implications of the bill that is actually passed
21:36:05 <sgp_> https://www.usatoday.com/story/news/politics/2020/03/26/coronavirus-americans-start-getting-stimulus-checks-three-weeks/5078658002/
21:46:07 <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
21:49:32 <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
21:55:18 <kinghat[m]> i mean im sure there is a large portion of poor that dont file taxes
23:02:45 <needmonero90> https://repo.getmonero.org/monero-project/ccs-proposals/-/merge_requests/133#note_9486
23:46:35 <xmrscott[m]> According to NYT guide normal humans do not pay back the <= payout
23:46:51 <xmrscott[m]> *<= 1200
23:48:06 <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
23:48:23 <nioc> normal humans
23:51:26 <xmrscott[m]> Said 'actual persons' in my mind, came out 'normal humans' on my hands
23:52:16 <xmrscott[m]> As opposed to corporations w/ fake personhood status
23:53:33 <nioc> it was clear
23:55:35 <kinghat[m]> really wish they would just run one bill with whatever they want to give to individuals. so much fuckery.
23:55:57 <kinghat[m]> you shouldnt be able to pack that shit.