133500+ entries in 0.035s
mircea_popescu: lol. "billion" dollar. currently usg self-trading on poloniex just about 99.999%
mircea_popescu: ethereum community reads more and more like paycoin community.
mircea_popescu: "One cannot imagine Ethereum community doing nothing in response to an existential hack. Doing nothing would say we lack courage and we let thieves walk away with their loot. HF is a must now. The community is reaching a new consensus."
mircea_popescu: myeah. it's a thing looking just about ready to deflate worth a trn or two.
mircea_popescu:
http://btcbase.org/log/2016-06-29#1492583 << actually that happened in the 90s. all the jam tomorrow "web as a business" "venture capital" bs is exactly that - pivoting to try and survive the situation where consumers don't have money. pretend data is valuable and someone cares, pretend advertising is a business, get people to "invest" in this nonsense, it's a thing.
☝︎ mircea_popescu: well, that's problematic, in no small part because of the traditional villain "ha-ha! it was my plan all along!"
mircea_popescu: and all this happens without any sort of cheating needed or implied.
mircea_popescu: when people get excited the "monetary mass" (which is not directly equivalent to the pedestrian notion of money) expands. when people flee to safety, it contracts.
mircea_popescu: suddenly you can appreciate the macrofinance problems.
mircea_popescu: meanwhile on the right, each coin piece changes hands once a week. for trade! thismeans the circulation is about 5bn pcs/year
mircea_popescu: now, the average coin piece in the left changes hands once a year. for safety. this means the circulation (ie, notional market, in the primitive sense this works then) is ~100mn pcs/year.
mircea_popescu: the half to the left gets attacked by the huns ; the half to the right has some derp discover the indies and goes into trade mode, florence style.
mircea_popescu: this was true even in the old days of gold coins. consider the case of two neighbouring countries, each with the same exact mirror arrangements, same pop count, same 100 tons of gold total, circulating as 100mn 1gram pieces.
mircea_popescu: now, it's true that baltimore was scoring ~400 homicides / 100k, which IS notable, though perhaps a tad short for what he's depicting. nevertheless - that was in the early 90s.
mircea_popescu: (yes, /me suspects he's ~mostly eating shit. baltimore homicide rate still the same 30ish / 100k it's anywhere else ; rape with violence the same 40, robbery the same 500, assault the same 500, etc.)
mircea_popescu: police still publishes these i imagine. day and half worth of intern's time.
mircea_popescu: rather than a bs "here's some colors because we're from the special needs kindergarten", could "the baltimore expert guy" instead provide a heatmap with all the murders, stabbings, whatnot ? could have a little card, date, people involved, etc.
mircea_popescu: "north and south ok, east and west bad, diagonals in between"
mircea_popescu: in other news, brexit cost the robo-lizzard-hitler club ~2.1 trillion in notionals.
mircea_popescu: sometimes i wonder how eeurope'd have looked today had the soviets managed to dredge on.
mircea_popescu: buy thermotransfer crap in turkey, for like 10 bux a pile of 100, sell them for like ten bucks a pop. "advanced!"
☟︎ mircea_popescu: yeah, anyone wanna run a tmsr tshirts bidniss ? preferably someone who isn't a lazy math guy who pretends to lie to self and call it "downshifting" or w/e.
mircea_popescu: phf actually this isn't a terribru idea, make shirts with the numbered tits.
mircea_popescu: i mean, bitdaytrade rivals it for utter, but that was what, meni rosenfeld and a bunch of web freelancer pakis.
mircea_popescu: rarely has such large a collection of entirely inept shitheads been so utterly exposed.
mircea_popescu: in other news, ethereumgear.com now advertises in google searches for me. because yeah, totally.
mircea_popescu: brb ima liquidate my doge profits buy some more scamtokens from usg tools!
mircea_popescu: yarvin really should have his own breakfast cereal company.
mircea_popescu: phf is this for the people who bought battleships, islands, now they can buy asteroids, next alphabet letters...
mircea_popescu: hopefully hilary has enough money leftover from bill to pay for round two of lolz.
mircea_popescu: if it blows up, you can always "hard fork"^H"pretend it never happened".
mircea_popescu: asciilifeform see, but his link is very informative. "how about you look before you leap ?" "STOP TALKING NONSENSE!!!!! NOBOSY CAN USE NOGGIN!!11!!ELEVEN WE ARE HERE TO BUILD CENTRALIZED DECENTRALIZATION!"
mircea_popescu: they were playing bridge and someone was about to say 1nt with akj in 6 hearts.
mircea_popescu:
http://btcbase.org/log/2016-06-28#1492457 << so basically, as part of its ongoing cold war against insufficiently-pliable torvalds, the usg through its usg.twitter agency... repurposed what it claims to be "linus' account", ie, a voodoo doll they made for him. and this somehow is supposed to reflect on the man ? why, because we're all from the great nation of africa and ergo fucktarded in the brain ?
☝︎ mircea_popescu: and, of course, let's not forget historical posturing
https://archive.is/iKC07 by the TRULY professional slock.it "all staer" team : simon jentzsch (founder & "ceo"), christoph jentzch (founder's relative & "CTO"), stephan tual (staph patient & coockoo), lefteris karapetsas, griff green, colm herbert, and the one, the only, dr! christian reitwiessner, the creator of stolidity!
mircea_popescu: and to round the lolz farm, " The code was open-sourced on March 3rd, so experts had almost two months to find vulnerabilities before it was deployed. It was also audited (at an alleged cost of $250k) by the same firm that audited geth before the frontier launch." (you remember, by the "dejavu" derps, that proud scion of bitcoin security of bitcoinica days.
https://archive.is/yZ0ke )
☟︎ mircea_popescu: "we are the premier engineer and science institution IN THE WORLD!"
mircea_popescu: gotta love it when the "solution" to the "solution" consists of PLEASE DONT RUN OUR CODE
mircea_popescu: wasn't it fixed ? i thought THEY WERE COMING AFTER ME!!11
mircea_popescu: lol dude... check out all the obscure venues where people discuss me knowingly.
mircea_popescu: and today in signs of patriarchy : me and girl dress to go out. i have 172 buttons. she has one.
mircea_popescu: the point being that if there's less than 1 moduli known added for each ssh submission processed, we got a problem there.
mircea_popescu: asciilifeform top tweet, "your chains can only be broken by our patented AA method, join the cult now!"
mircea_popescu: $v 5103B823052B00BC3F996775D13A928B72402A581CBCC639EFDA312E3E74A2E0
mircea_popescu: hopefully the woman gets elected, we turn that into a cool trillion.
mircea_popescu: anyway, asciilifeform, there you go : that's how they paid ~200mn to terrorists past two weeks.
mircea_popescu: "we'll support mit's hole-ridden ''blockchain'' instead!"
mircea_popescu: lmao, as part of the democrats' "bitcoin is terrorist money" initiative ?