175800+ entries in 0.073s
mircea_popescu: and, notably, we don't even know generational re-bitcoin is actually such a bad idea. it's true that some, few and far between, old people have relevancy for young people, and that a minority of teens will gladly spread for a VERY thin minority of "come see my new movie. with catherine zeta jones. raaa!"
mircea_popescu: what do you mean "can algorithmically price" and what do you mean make sense ?
mircea_popescu: because once that magical line is crossed, we'll start seeing cycling behaviour.
mircea_popescu: which kinda is why the discussion was about a time far, far away. four to five halvings into the future this matter becomes important.
mircea_popescu: by this formula current btc inflation is almost 10x as high as it should be.
mircea_popescu: the key advantage of fiction is that it's not required to tell any part of the story it doesn't want to.
mircea_popescu: hence my comment comparing to a holywood star. it wasn't idle words.
mircea_popescu: i then looked into the obvious, and the obvious obviously doesn\t work.
mircea_popescu: but i was discussing obvious translations from irl to btc.
mircea_popescu: note, i did not for a second propose these are good, or even above 0 solutions. they are not.
mircea_popescu: yes, it would encourage holders of btc to also hold miners./
mircea_popescu: absent this, the society cycles, with old schmucks masskilled periodically.
mircea_popescu: inflation is a transfer of wealth from old to young, to mirror the transfer of relevancy.
mircea_popescu: you understand that the bitcoin (holder, miner) set is an exact translation of the irl (old fart, young cock) set yes ?
mircea_popescu: neither of these seems to work well even theoretically, let alone the practical mess they entail. it is probable an alternative interpretation of reality through the bitcoin twisted mirror actually exists, but i'm not where i can see it.
mircea_popescu: the other obvious approach is probably at the root of the "proof of stake" retardedness.
mircea_popescu: seeing how historically, inflation between .5 and 1% a year seems to correlate with a maximum on the wealth creation graph.
mircea_popescu: alright, so each block reward is say 17/100000000 of the total monetary base.
mircea_popescu: ben_vulpes one obvious approach is, fixed rate inflation, rather than decaying inflation. each block reward is say 1/10k the current monetary base.
mircea_popescu: so "imaginary inexistent problems are being advertised into existence"
mircea_popescu: those people retired, their kids grew up with this "if i don't look uner the bed there's no bugaboo there" outlook on life and everything.
mircea_popescu: trinque there's films from the late 70s and all through the 80s going "hey, us better shape up or we're fucked"
mircea_popescu: i dunno that such a thing matters anymore. that was more of a consideration in the 90s, back when there existed some sort of school discipline.
mircea_popescu: (Registrar: ENOM, INC. as for some reason the derps don't use their own license)
mircea_popescu: anyone see namecheap on the qntra.net whois for my curiosity ?
mircea_popescu: which makes about as much sense as anything to do with dns, really.
mircea_popescu: and speaking of alternate reality perceptions : both namecheap and internet.bs THINK they hold the registration of qntra.net currently.
mircea_popescu: they all currently work, ill add some redirects from .the abandoned domains
mircea_popescu: "it doesn't do anything useful" "yes but we're women, we like make-up"
mircea_popescu: Obama administration officials don’t dispute that, but say it has helped connect the dots on potential threats."
mircea_popescu: "Mr. Paul has made his opposition to the Patriot Act a key plank of his 2016 White House campaign and argued that the program hasn’t foiled a specific terrorist plot.
mircea_popescu: seeing how the only question is "what fraction of bitcoin reserves is safe to be kept as fiat"
mircea_popescu: whenever trinque is the 2nd word in a sentence my latin parser kids in
mircea_popescu: remains staying outside of the Core fork << spurious staying
mircea_popescu: kakobrekla in general the housewives that succeed in their life's work of "getting everyone to stop messing up the house" are ~a year away from having to decide if they wish to file for divorce or just come to terms with the fact that the husband lives with a younger woman now.
mircea_popescu: pete_d has been trying in his own way to fight this i gather, with mixed results.
mircea_popescu: certainly all sorts of buried gems in there by now that all of 3 people maybe know about.
mircea_popescu: but so stated (say i wanna reread everything that x), the problem is obvious to me too. we're in danger of losing it.
mircea_popescu: the total size has balooned but each person has their own comfortable paths cut through the field, like so many mice.
mircea_popescu: this results in 100 mutually incomparable sets of 1-3 mb notes.
mircea_popescu: uni professor comes before the class of 100 kids, reads the 30mb of log,
mircea_popescu: no, the idea is you keep your own lecture notes, which are not necessarily equal to another's.
mircea_popescu: which is how intellectual life organized the large conversation back when people still had an intellectual life.
mircea_popescu: think the old system of "library cards" or "study notes"
mircea_popescu: if you had a summary you would in principle be able to.
mircea_popescu: anyway, slaves schmlaves. i tried to do it myself, the summarization of logs, gave up in anger.
mircea_popescu: the thing is tho, from my own experience reading logs, every time i try to jump forward in time i end up with a mess. works much better for me to read them serially and think about it that way. which is why i parse the logs to this day, years later.
mircea_popescu: the recent experience of gabrielradio trying on the (imo easier) task of translating trilema articles makes me think it will NEVER be done.
mircea_popescu: if you recall we were toying with the idea of getting someone to summarize the logs. fluffypony even offered to finance it. nobody could be found.
mircea_popescu: as far as the later thing is concerned, it's not clear it actually is any better (because you will necessarily have to read EVEN MORE), we know from experience that machines can not do this, and contemporary semiotics seems to indicate the task is intractable in principle.
mircea_popescu: one thing i can see : the conversation graph is incredibly complex. there's two practical ways to present it : either as a flat file without any structure other than what's provided by the author ; or else as a properly restated graph, which will do a lot of node replication as oyu have to unwind the rat's nest of reference.
mircea_popescu: i confess i dunno what the problem is. this certainly should not mean no problem exists.
mircea_popescu: i mean, for as long as there isn't a solution, the best thing to do is not pretend to solve the problem
mircea_popescu: if it doesn't do that might as well forget the pretense and do this.
mircea_popescu: suppose i quote two different things respondent. the thread should now split, as a tree. it does not do that.
mircea_popescu: as far as im concerned the classic forum is unusable because it is perfectly unable to handle quotation. it's the same exact problem of "inline" comment display for wordpress : you end up either with an arbitrary node depth or else single character lines