154000+ entries in 0.067s
mircea_popescu: so the option is "either create a money that drives a government, or else create a money that drives a crazy" ?
mircea_popescu: so basically, forking is +ev for participants until everyone's on his own chain. how does anyone transact this assperger coin ?
mircea_popescu: you're supposed to be a stabilizing influence in my life, world! wtf is this!
mircea_popescu: "non-inflationary, non-traceable" suddenly means something very different.
mircea_popescu: i don't expect this realisation to be within common reach.
mircea_popescu: this notion of money is disjunct enough from the commonly held to be scary.
mircea_popescu: ie, THEY think i paid you 5 btc, but THOSE OTHERS see that same 5 btc going to him. and well.. it's just how it is.
mircea_popescu: the [fundamentally centralzising] question of "tell me the one and only god-given truth as to ownership" dissolves in a cloud of acceptances.
mircea_popescu: specifically what i mean - how about quantum money ? (yes sum X settled as Y in subgrapg S1, but as Z in subgraph S2. problem ?)
mircea_popescu: purely for exploratory reasons - how far are you willing to take the gossipd ?
mircea_popescu: this is what most molds do under environmental stress - which is exactly what the environment was designed to do to them.
mircea_popescu: not so. bitcoin had 3 types of animal, minerS, nodes, owners. notwitstanding the very problematic weakness of nodes, the minerS unicellular molds merged in one major piece of dogvomit.
mircea_popescu: you're kicking the can. -ev for the player +ev for the group, we're buiolding the soviets omfg fuckme
mircea_popescu: ie, humans have a very lengthy, selected ability to centralize against the possibility of a nice world.
mircea_popescu: lemme say that schelling points exist PRECISELY because ~irrational~ behaviour is an UNDEFEATABLE solution to your matrix.
mircea_popescu: and i'm telling you, the solution to a broken knee is not to break an elbow.
mircea_popescu: trust me, unlike you that doesn't play, i ~created~ a homeostatic game world.
mircea_popescu: the problem is that margin-driven mining creates centralisation necessarily.
mircea_popescu: so yes, bitcoin does suffer from game theoretical poor design, but this problem specifically can not be resolved by "adding another bug somewhere else, they'll cancel out".
mircea_popescu: this is nonsense. you needn't balance the desire of syphilis to defect from syphilisdom by injecting my with tb ffs.
mircea_popescu: males trying to get together to gangrape individual females ; females getting together trying to create wailer choruses to keep the male group at bay, everything we don't like about society reduces readily to "it's not made up of individuals", ie, poolmined.
mircea_popescu: the chief problem of human society is pool collusion in this view.
mircea_popescu: ipso definition, individual women in any gendered species are in the pool of womanhood ; and respectively males.
mircea_popescu: this is not a problem of scaling, even if it is a problem made apparent by scaling
mircea_popescu: the weakness in the pow and the poor mining/relayer design created perverse incentives not directly apparent in the design phase, however.
mircea_popescu: bitcoin was fine, and would continue to be fine, as is, for any maxint.
mircea_popescu: i'll put some boxes to it as a seed, whosoever wants to do the same can do the same and it can take it from there.
mircea_popescu: if mining works correctly (ie, as he naively intended it would) the initial allocation as designed is fine.
mircea_popescu: and there is a very good vp on the table. gossip + proper hashes and ciphers + correct pow + proper relay/mine design + + +
mircea_popescu: we needed a 2nd for a long time anyway, wtf is this ripple eth ltc doge bs.
mircea_popescu: asciilifeform for your own peace of mind : i would ~definitely~ support a beedog coin, irrespective of how cartel mining impasse is resolved or the eventual fate of current-bitcoin.
mircea_popescu has no complaints at all re nubs subcontracting, aaa would hire again.
mircea_popescu: if you get them in one package, should prolly be "all of them", ie a crate. esp if no hurry.
mircea_popescu: so you want to have a proper meld here, gossipd-bitcoin
mircea_popescu: you can break bitcoin w/o breaking the internet, which is a problem.
mircea_popescu: right. so now, internet overlord decides to rst all conns that are trying to move block-sized items back and forth.
mircea_popescu: asciilifeform think about it - decentralized, but no strangers ? how's this design supposed to even go ?
mircea_popescu: usually evidenced by having the capital in the first place.
mircea_popescu: asciilifeform yeah well for living off capital it helps having capital, and it helps even more (say H(N^2)) to be the kind of spirit that is helped by capital
mircea_popescu: you could airdrop them from orbit on alf's house. seeing how he lives next door to obama's rural cousin #5460580, prolly give norad a good wake-up.
mircea_popescu: and yes, i can readily credit myself retrospectively with saving bitcoin through that, but why even bother.
mircea_popescu: bitcoin, after night on a decade of empty posturing, has exactly no sort of useful anything on offer.
mircea_popescu: so, "buy something useful with bitcoin - must be physical item or service that i can use"
mircea_popescu: maybe specifying the problem you're trying to solve would help.
mircea_popescu: wait, the criteria is "buy something useful with bitcoin" && "seller may not give btc to usd" ?
mircea_popescu: but - eulora copper. not only exact answer, but provably the only one.
mircea_popescu: 18<nubbins`> buy something with it. oh wait, the seller may convert it to usd. << he got the exact answer, but wouldn't take it, because reasons.
☟︎ mircea_popescu: oh, well then really - this is above industry average.
mircea_popescu: i don't even recall how many we ended up distributing, was it like 10% ? 25% ? 1% ?
mircea_popescu: thanks for your kind help in the matter - feel free to distribute the remaining tees to whosoever you feel like and that'd be that.
mircea_popescu: nubbins` in honesty at this point i see ~0 chance we'll deliver in any sort of human timeframe, or for that matter have any use for 3 to 25 year old tshirts.
mircea_popescu: * asciilifeform had nfi >> you recall, we made a t-shirt design, he agreed to print for a very nice rate, ended up storing them for us.
mircea_popescu: +5 lbs guaranteed over a week, 96% or more from icecream.