asciilifeform: http://log.bitcoin-assets.com/?date=07-03-2016#1424263 << looks neato ☝︎

asciilifeform: http://log.bitcoin-assets.com/?date=06-03-2016#1423761 << nubbins` will be pleased to learn that this is pet's favourite 'ever' thing from the logz. ☝︎

asciilifeform: http://log.bitcoin-assets.com/?date=06-03-2016#1424233 << costs all of 100 usd. ☝︎

asciilifeform: http://log.bitcoin-assets.com/?date=06-03-2016#1424225 << ty nubbins` , will do when i get home ☝︎

asciilifeform: 'gotta start small!111'

asciilifeform: !s yoga master

asciilifeform: even usg used to have such a custom.

asciilifeform: various outfits - e.g. intel - forbid it to key folks.

asciilifeform: phat target.

asciilifeform: mod6: actually i admit that ~all of us~ in same room always made me a bit uneasy.

asciilifeform was half-considering visiting mircea_popescu for tea one weekend, as he suggested last night

asciilifeform: i suppose we could sync onetimepads.

asciilifeform: http://log.bitcoin-assets.com/?date=06-03-2016#1424171 << lol what could we do that we can't do here..? ☝︎

asciilifeform: i like that there is more than one implementation

asciilifeform: !s standard ml

asciilifeform: in logz

asciilifeform: instead of ada.

asciilifeform: i also considered standard-ml

asciilifeform: !s beedog

asciilifeform: i forget why.

asciilifeform: http://log.bitcoin-assets.com/?date=06-03-2016#1424125 << iirc that would be... asciilifeform ☝︎

asciilifeform: i prefer dragon (red, with knight)

asciilifeform: dragon or appel

asciilifeform: ok to get the 2012 or earlier (but not 1983)

asciilifeform: mod6: the standard.

asciilifeform: anyway bbl, there are trees.

asciilifeform: as i think anyone living outside africa knows

asciilifeform: aha.

asciilifeform: and yes, convention. newton's laws also make fine convention. until they don't.

asciilifeform: http://log.bitcoin-assets.com/?date=24-01-2014#456922 , http://log.bitcoin-assets.com//?date=07-01-2015#967475 , etc ☝︎☝︎

asciilifeform: was my question.

asciilifeform: why would we imagine (aside from our newtonian tunnel vision) that it ~is~ a scalar.

asciilifeform: well yes.

asciilifeform: why should money be ?

asciilifeform: we already established that ~trust~ is not, in any reasonable model, a scalar.

asciilifeform: !s from:asciilifeform scalar

asciilifeform: to be the least bit convincing.

asciilifeform: this is one of those things that will have to be built in a mechanical model, like maxwell's eq.

asciilifeform: ideally - never.

asciilifeform: but now you can. all that happens is that the matrices grow by a few bit.

asciilifeform: does your linux box tell you 'your inode xxxx has split, would you like to ....... ' ?

asciilifeform: why would you ever do this ?

asciilifeform: ok we'll do this one.

asciilifeform off to meatspace, unpacking fig trees from their winter tarps, bbl.

asciilifeform dislikes 'magic numberz'.

asciilifeform: and arbitrageurs would buy 'heavy' coin for 'light'.

asciilifeform: by reconciling groups when possible.

asciilifeform: it stands to reason that folks would have some incentive to collapse their coinmatrices to manageable size

asciilifeform: it does not bother me. if i need to create or receive such a thing, i buy moar disk. or tell the other fella 'make smaller files'

asciilifeform: there are files in existence larger than your hdd. this bothers you ?

asciilifeform: this is avoidable.

asciilifeform: sure is.

asciilifeform: (happily)

asciilifeform: which limits the size of the world, but nobody asked for an infinite world.

asciilifeform: and this also up to 1mb. if you like.

asciilifeform: can you specify bytesize of old btc tx ?

asciilifeform: well, it's no longer 5btc scalar. it is now... [[5 0] [0 0]] or the like.

asciilifeform: and so now we have money for them.

asciilifeform: aha!

asciilifeform: rather than a scalar.

asciilifeform: well, if we're going full-bore, the transaction takes two matrices and yields a third.

asciilifeform: this.

asciilifeform: by 'meet' i specifically mean 'have to agree on something'

asciilifeform: sorta like what happens today when mircea_popescu meets somebody who disagrees with him re: what 2+2 equals.

asciilifeform: and never transact.

asciilifeform: so when they meet, they reconcile the ledgers. and if one or more of the parties refuses to, they now have to march off into parallel worlds.

asciilifeform: i.e. why do their ledgers differ to begin with ?

asciilifeform: well, gotta cut into detail. why, in this universe, does b see the 5 as valid, and a as invalid ?

asciilifeform: choose

asciilifeform: manually?!

asciilifeform: what we have now is an ad-hoc (2), the exhaust heat from which drives (1).

asciilifeform: somethinglikethat.

asciilifeform: and there are still people who get out of the house, cut steel pipes, etc.

asciilifeform: fortunately the 'pure reason' folks are yet only a subset.

asciilifeform: for the folks for whom it is.

asciilifeform: is it ?

asciilifeform: it is +ev in the same sense as being hikikomori and starving to death is +ev.

asciilifeform: well for some reason you sent hanbot to turn over dumpsters in alleys and find'em. so here i am.

asciilifeform: l0lZ!

asciilifeform: this.

asciilifeform: which means...

asciilifeform: and money, as i stole from another mircea_popescu article, 'is a function of the forum'

asciilifeform: how much 'common reach' today for electrodynamics ?

asciilifeform: the quantum spiked dildo eases in less painfully when you realize that the interfering electrons etc were ~always~ there under the newtoniana.

asciilifeform: see also http://kyristor.com

asciilifeform: ^

asciilifeform: not only is it not a problem, but it is not escapable

asciilifeform: what does this question mean ?

asciilifeform: or we can lift from a mircea_popescu article, 'Another aspect is that new blocks are mined by one group (miners) but have to be stored in perpetuity by another group (nodes). This creates a situation where X (users) pay Y (miners) to inconvenience Z (nodes), which is unsustainable not to mention sheer nonsense.' ☟︎

asciilifeform: l0l

asciilifeform: isn't that what i just said ?

asciilifeform: but did not.

asciilifeform: anyway the original point stands, bitcoin had no fewer than ~3~ types of animal - miner, node, tx-er. and they were supposed to stay in racul, broasca si o stiuca

asciilifeform: l0l!

asciilifeform: (i know of no system where random moves are reliably +ev)

asciilifeform: mircea_popescu: it is a 'solution' in the sense that there is no exact pill against it, but is -ev for the player.

asciilifeform: !s prisoner's dilemma

asciilifeform: !s axelrod

asciilifeform: rather than thinking.

asciilifeform: if had detail, we would be testing a proggy.