asciilifeform: it went to the same place the electric current in the neutral phase of your mains socket goes.

asciilifeform: poof. bezzle - gone.

asciilifeform: (automagically costs $networth in most states)

asciilifeform: what he is actually going to buy, in likelihood, is a few years of nursing home.

asciilifeform: same result

asciilifeform: he can buy... stocks ?

asciilifeform: say he isn't ready to die yet

asciilifeform: and car loans

asciilifeform: he can... die? then the 400k becomes 0, it pays off mr schmuckson jr.'s college loans

asciilifeform: what can he do with it?

asciilifeform: he now has 400k

asciilifeform: say my neighbour, 86-year-old mr schmuckson, sells his house

asciilifeform: let's work a gedankenexperiment:

asciilifeform: real estate 'wealth' is the ultimate bezzle, nothing like 400,000 time the N of houses in $sector is even available as 'turkey-buying dollars'

asciilifeform: (or if anything like most of'em tried to cash in)

asciilifeform: see where the 47x figure will go if you discount houses.

asciilifeform: aha

asciilifeform: yes, a handful of thugs end up with the lion's share

asciilifeform: it is approximately the same as asking who is +ev in prison

asciilifeform: decimation: what the hell does it even mean to be +ev in modern usa?

asciilifeform: decimation: the whining, by and large, is coming from the ones who owe $maxint to the medical charlatans and are unhappy that it is coming out of 'their' bezzle rather than the treasury

asciilifeform: people who were there for the tail end of american economy being something like functional

asciilifeform: http://log.bitcoin-assets.com/?date=04-08-2015#1223513 << umm, yes, they are. they are the folks who own (when they do) real estate, which is nearly the only thing which came close to keeping up with true inflation; they are also the folks who own stocks; etc ☝︎

asciilifeform: mod6, ben_vulpes, et al: 'zoolag' is down and will remain down for several hours. this is a planned outage.

asciilifeform: decimation: he doesn't have to feed the birds

asciilifeform: and, unlike the gurlz, these folks don't add to anyone's 'social level' by being seen with them (perhaps in rome ? but today?)

asciilifeform: no, elementary question. are there enough gay pr0nd0ll4rz to feed all the mr.unemployableprogrammerz riding their sandpaper dildos

asciilifeform: in terms of 'make a living'

asciilifeform: so my naive guess would be that it is an even tougher sell

asciilifeform: now, not swinging that way, i cannot say for certain how saturated the gay pr0n market is, but will observe that they lack the sexual starvation of the straight

asciilifeform: http://log.bitcoin-assets.com/?date=04-08-2015#1223453 << who, precisely, will pay to see ~this~? mircea_popescu ? ☝︎

asciilifeform: or are they all to move to egypt

asciilifeform: why would i pay for that

asciilifeform: then what ?

asciilifeform: even now, who the fuck ~pays~ to see naked gurlz

asciilifeform: if there were even 100x as many 'kims', the product they sell would be worth $0. like the poor programmer

asciilifeform: !up ascii_field

asciilifeform: !up ascii_field

asciilifeform: !up Xplosionist

asciilifeform: !up ascii_field

asciilifeform: !up ascii_field

asciilifeform: ping'em

asciilifeform: shinohai: please remember that therealbitcoin does not dns

asciilifeform: them

asciilifeform: shinohai: iirc kako posted links somewhere

asciilifeform: yes

asciilifeform: mod6 et al: all 3 of my nodez are synced presently

asciilifeform: speaking of classic usg lulz, https://firstlook.org/theintercept/2015/08/03/life-unmasking-british-eavesdroppers

asciilifeform: http://log.bitcoin-assets.com/?date=03-08-2015#1223046 << if 'nsakey' didn't make folks quit Running Moar Winblowz, why would the win10 keylogger ? ☝︎☟︎

asciilifeform: http://log.bitcoin-assets.com/?date=03-08-2015#1223002 << at this point i gotta ask, why are any of you still using the phoundation turd for anything ☝︎☟︎☟︎

asciilifeform: decimation: http://log.bitcoin-assets.com//?date=01-08-2015#1220100 << see also ☝︎

asciilifeform: what layer. ☟︎

asciilifeform: http://log.bitcoin-assets.com/?date=03-08-2015#1222917 << wasn't aware that it was anything but the weevils eating carcass of dead dragon, top to bottom ☝︎

asciilifeform: ben_vulpes, mod6, trinque: http://www.skynet.ie/~caolan/Packages/callcatcher.html

asciilifeform was - until recently - labouring under the notion that cn was quite alive

asciilifeform: and a contract with, fuck, norway ?

asciilifeform: what, no one in cn can score a sat dish ?

asciilifeform: the sheer monumental stupidity of this floored me, and i am still half-convinced that it is disinfo somehow

asciilifeform: china: 'we already discovered it 5,000 yrs ago. here, have some fried rat turd dumpling'

asciilifeform: instead of 'spv' or whatever thing named after herpes virus

asciilifeform: i suppose meta-china is where they mine with actual nodes

asciilifeform: unsurprising. but they share tx?

asciilifeform: where the peers actually drink beer (or what do they drink there?) together

asciilifeform: as i understand now, we are converging on something quite like (what is known of) the chinese approach.

asciilifeform: not to mention the fact that the payload itself has value!

asciilifeform: this is inherently time-sensitive and diddlable (if only in the pure withholding sense)

asciilifeform: but we are speaking of nodes trading mempool sorted by minability value

asciilifeform: yes, satoshi was concerned only that blocks are agreed on and that the constituent tx are genuine, etc

asciilifeform: unlike the rest of bitcoin, mempool ~is~ sensitive to mitm and other real-time issues

asciilifeform: do i have to describe here how mitm works? draw a picture ?

asciilifeform: just that now they are contenting themselves with nulling the payloads.

asciilifeform: just as is happening to your box now, and mine

asciilifeform: mircea_popescu: no, someone will mitm the link

asciilifeform: not sure how to make it more intensely practical

asciilifeform: because the comms have to be private and authenticated. and these concepts have no meaning when dealing with unknowns.

asciilifeform: because crypto

asciilifeform: it has to run like normal wot.

asciilifeform: momentarily back to http://log.bitcoin-assets.com/?date=03-08-2015#1222828 : at this point i very much regard the notion of 'so-and-so is an ip, and at this moment he is Worthy, and now let's try to calculate when he isn't...' as deeply mistaken. ☝︎

asciilifeform: the gas/car dichotomy, aha

asciilifeform: aha

asciilifeform: microshit&apple, 1990s

asciilifeform: on account of some earlier mircea_popescuism

asciilifeform: though iirc there is one in my queue

asciilifeform: nope

asciilifeform: 'what you don't know about will not only hurt you, but eat you for lunch and ask for seconds' (tm) (r)

asciilifeform: converse of this is that weak position enemy ~does~ invest in, means death.

asciilifeform: how - is secondary

asciilifeform: this has to die.

asciilifeform: the problem i ~would~ like to solve near-term is 'node demands infinite ram'

asciilifeform: in my head!

asciilifeform: that's sorta what i was doing in the hammock

asciilifeform: the buggerz already have infrastructure set up for diddling bitcoin net, all they gotta do now is drop in shit tx

asciilifeform: and comms are unauthenticated.

asciilifeform: ip is ephemeral

asciilifeform: because peers have no identity

asciilifeform: because it remains unspecified how to implement any notion of 'peers that bring good tx'

asciilifeform: leaving this conundrum aside

asciilifeform: which feeds unsorted

asciilifeform: if we feed the hobos the pigshit end of the priority queue, they simply have an incentive to run away to any other node

asciilifeform: and the overall friction of their presence is a permanent irritant