Comment by cheapviagra on Cryo and Social Obligations · 2013-02-05T13:41:45.331Z · score: -5 (5 votes) · LW · GW

because for ALCOR alone there is a multi-million dollar trust fund (two of them, actually) plus a 501(c)3 charity charged with taking care of existing cryonics patients

Now why couldn't you just reply with that, alone and in the first reply, instead of raging? And how does the existence of a separate trust fund change the fact that a nonprofit is a still company, just with a different tax scheme? Try responding like an adult next time.

Comment by cheapviagra on Cryo and Social Obligations · 2013-02-02T14:35:23.731Z · score: -3 (3 votes) · LW · GW

You don't have a point, your reply was just an emotional disagreement. If you have a point I urge you to write it.

Anyway, the broadest definition of a "company" is "an association of persons for carrying on a commercial or industrial enterprise" which agrees with what I wrote. It's still irrelevant though - you can even start a "Church of Cryonics" and financial problems still apply.

Comment by cheapviagra on Cryo and Social Obligations · 2013-01-30T11:25:00.006Z · score: -5 (7 votes) · LW · GW

If you take money and offer something in exchange, you're a company. Nonprofit is just a type of company where you can get tax exemption at the cost of a more complicated profit payout scheme. The best example of a company that is legally not (in the US atleast) is the Church of Scientology.

Comment by cheapviagra on Cryo and Social Obligations · 2013-01-29T05:48:09.058Z · score: 0 (12 votes) · LW · GW

If at some point a working cryonics technology is invented (eg. instant vitrification), it makes financial sense to create a new company, without enormous potential liabilities from hundreds (thousands?) of damaged frozen bodies. After a successful demonstration, existing companies without this technology are going to become bankrupt. The old bodies are useless - reviving somebody after a year of being frozen has roughly the same value as reviving somebody after a hundred - it proves to the public that it's possible. Media coverage is going to be roughly equivalent. Even if existing cryonics company were to invent this, it makes sense to create a new one, sell the technology to it for all attainable money, and dump the indebted corpse. It's standard business practice when the market changes drastically.

The year a working cryonics technology is proven to work is the year in which old frozen bodies are burned in an incinerator. Living relatives of frozen people may try to stop this, but it's going to be an exception, especially because people with close relatives probably aren't going to freeze themselves and because of time requirement. Also, while the bodies probably aren't, the freezing equipment is company property. So the relatives wouldn't have to pay for revival only, they would have to pay an arbitrary price for, effectively, a frozen body, as a body without equipment is completely dead. It's a sellers market :)

Remember: frozen people are legally dead. The don't have assets. They can't pay for their revival. They're a liability, they're literally worthless for a cryonics company.

These are the reasons why I wouldn't pay for cryonics for me, as the only possibility of revival is suicidal insanity of company's management. However, company with insane management won't last long. So the probability of being revived is basically zero. It's better to spend the money before death on fun things, or give it to someone I care about.

Comment by cheapviagra on My simple hack for increased alertness and improved cognitive functioning: very bright light · 2013-01-25T01:10:22.756Z · score: 1 (1 votes) · LW · GW

I would expect this to be the case in Germany, but not in Czech Republic, as I have now looked at your profile. In Poland they're as available as before the ban and the only difference is a "not for home use" sticker added or printed on a box... when laws are stupid it's good they're being ignored. :)

Comment by cheapviagra on My simple hack for increased alertness and improved cognitive functioning: very bright light · 2013-01-24T19:48:44.523Z · score: 5 (7 votes) · LW · GW

Hi, that's technically incorrect. It's forbidden to sell them as a general home light source, it's legal to sell them for special uses. The net result is that you can still buy them everywhere (supermarkets, online, etc), only they're labeled as a "shock-resistant light bulb, not for home use" or as a "glowing electrical heater". The price is up about 5% and quality is slightly lower (shorter life) as now they're all from China, local factories were unfortunately closed following the ban. Overall, it's a ridiculously dead law.

If you live in eu country and you really can't buy them locally (which would be really weird), I guess I could buy some and send them to you