189500+ entries in 1.403s
mircea_popescu: so for people needing
a hundred bucks moved, it's hell on earth.
mircea_popescu: that said, remittances in the us are
a total nightmare, because
a) the us is principally insane and b) the entrenched interests of current processors work against the customers.
mircea_popescu: i could, if i were so inclined, finance
a nuclear programme or pay for some murders in this manner.
mircea_popescu: jurov for what it's worth, here's my experience with bitcoin remittances : i sent btc to otc correspondents, ordered wires sent out to the hk account of my local agent, who has paid me dollars, in cash, in argentina. the entire process took less than what it takes to get
a letter of credit, and significantly less than what international trade normally settles in.
☟︎ mircea_popescu: "<gavinandresen> My point is the point of Bitcoin is I can make
a transaction to anybody in the world" << uhh.... if this is the point of bitcoin then bitcoin has at all points been so far offpoint it's
a wonder it's still here.
mircea_popescu: davout: i'm more of classical music and jazz guy << i knew there was
a reason i liked you!
mircea_popescu: but in this sense,
a scenario where gavin has gay sex with midgets can also be constructed. so let's put him in prison for it,
davout: mircea_popescu: when in doubt, make
a ruby framework
mircea_popescu: obviously,
a scenario where block congestion is
a real problem may be constructed. it may even, in principle happen.
mircea_popescu: davout it's really
a very complex problem, "what to do".
davout: i think the idea of
a one time bump of the block-size limit is actually much less braindamaged than the perpetual increase approach or infinite size that are pure folly
mircea_popescu: guess what : mining is
a marginal business as it is, and exactly the problems that ruined the western textile industry in your parent's lifetime can and will, if given
a chance, ruin bitconi.,
mircea_popescu: but the notion that mining will still work no matter how badly the incentive structure gets ruined, because somehow mining is
a god given gift / universal service obligation of nature to man doesn't.
mircea_popescu: somehow the idea that you can get "just as good food and service" no matter how cheap
a restaurant meal gets, like say
a cent, or 1/1000th of
a cent, is directly stupid to people.
mircea_popescu: davout: justusranvier: in your article you shouldn't be reasoning on the cost of including
a transaction in
a block as (cost of one block / number of transactions) but you should reason on the marginal cost of adding
a transaction to an already existing block that i'm currently mining << quite
mircea_popescu: davout: MAH HARICUT IS SIKRIT BZNS << honestly i had no idea it's
a haircut. i had imagined it's simply whatever's left once the neighbours are done cutting their hedges.
BingoBoingo: mats: From what I've read on btrfs it seems to be mostly
a multi drive arrangement beast that apes at being ZFS while failing on more edge cases
STRML: Best way to prolong SSD life is to keep
a decent amount of free space on it so TRIM can work its magic
STRML: which is why they sell server SSDs for
a higher price.
STRML: so long are you're not running TLC NAND you're fine for
a good long time, and even if you are,
a pretty reasonable amount of time under most loads
mircea_popescu: ahahaha wait, wait. so gavin actually sprouted the ninjashogun line re b-
a "conversation quality" ?!
davout: BingoBoingo: is that
a different flavour of the same thing or is that fundamentally different?
mircea_popescu: it's not likely to make
a difference mats. hdds are hceap enough.
mats: nah, just
a dev machine
mats: anyone have an idea wut filesystem i should use with
a SSD?
kakobrekla: anyway, if you want
a neater interface, add /json/ on end of url , decode and voila
mircea_popescu: hory shit it's going to be th ecase nobody actually wants
a PROPER web page ?!
davout: it can't be
a web page, it has no google analytics
davout: kakobrekla: this looks like
a dump of
a php array, sort if dictionary, or maybe an array, depending on the amounts of "="
Adlai: kakobrekla: had you waited
a moment, you could've earned
a pretty penny!
mircea_popescu: Adlai there are jsons. i am thinking about putting
a job up for site-ification of those outputs.
xanthyos: is the price of bitcoin moving up today
a response to gavin being dissed in assets?
assbot: Successfully added
a rating of -1 for gavinandresen with note: with note: pathetic usg muppet. tirelessly schemes to zimbabweize bitcoin in the name of 'inclusion.'
mircea_popescu: asciilifeform: Pierre_Rochard: there is nothing, and good reason to think there cannot be, anything which even rises to the level of an ersatz. << in economics, substitute is
a functional substitute not
a logical substitute. in this sense, your feet are
a substitute for
a train.
mircea_popescu: becase IT IS POSSIBLE that in YEARS!!!! it may go as high as i dunno, 5cents ?
a whole quarter ?
mircea_popescu: like you know, if bread in your african village is 5 dollars
a loaf, and there's cake at 2 cents, you won't buy any cake.
assbot: Successfully added
a rating of -5 for gavinandresen with note: okey dokey, we have
a fundamental difference of opinion on where the project should go.
STRML: thanks. never had
a need for
a cloak before but since somebody here ddos'd my bouncer I figure it's
a good idea
mircea_popescu: lol. "k guise, i guess we have
a fundamental difference of opinion about this here wide screen tv i stole from your place"
danielpbarron: !rate gavinandresen -5 okey dokey, we have
a fundamental difference of opinion on where the project should go.
mircea_popescu: Pierre_Rochard you know, the "say the word, nodes ready, miners ready within
a recompile" messages i got so far and that keep piling in...
Pierre_Rochard: mircea_popescu: I agree, the only model is what actually ends up happening. I think the miners will get
a taste for that inelasticity and jealously defend it. I think Gavin & co fear that more than anything else
mircea_popescu: (discounting, of course, frustrated nobodies
a la adam back, who are so cocksure they imagine they invented clorophorm)
mircea_popescu: i don't know anyone that seriously thinks they have
a model on it
mircea_popescu: I don’t want the developers setting it every two months, but I dont’ see
a way to make fee revenue per block drive it (because the real-world bitcoin exchange rate is so variable) << this is particularly fucking stupid
BingoBoingo: Oh, and CoinDesk finally got to
a story on the arrest, but they instead cover the FBI Press Release.
assbot: Successfully added
a rating of -1 for felipelalli with note: has
a very strange idea of when it's time to talk.
mircea_popescu: !rate felipelalli -1 has
a very strange idea of when it's time to talk.
mircea_popescu: anyway, ftr, there's nothing at all in this gavin thing. so he came in, derped about nothing in particular, found his way out. at least
a dozen random noobs/spammers performed just as well.
mircea_popescu: kinda funny how "statist " is slowly becoming
a cry de guerre.
kakobrekla: me? im
a realist, thats why im pessimistic.
mircea_popescu:
a) It's not nice to snip the source link - if you thought the guy;s work is good enough to use, think the guy is good enough to credit ;
BingoBoingo: Oh
a qntra submission to /. got accepted, but in linksnipped form, Instead of the qntra story they link spamm-mysanantonio.com which isn't even remotely local to the fucking arrest!
mats: themes of #b-
a: rebuild EVERYTHING
mats: guess we'll have to run
a keyserver now.
mircea_popescu: kakobrekla: i noticed when i was coding that keyservers tend to go down
a lot << this is true, and has been for
a while. pgp keyservers like the weakest link in the assets system currently.
mircea_popescu: anyway, i figure if someone goes to the trouble of getting
a cloak they prolly care about it.
mircea_popescu: that'd be yet another difference between me and (bpay / coinbase / derp.* etc) : not only i make money and they make burn rate, but when i speak i speak from atop
a position of significant power. they speak out of their ass, pretty much,not having an iota of actual influence either way.
mircea_popescu: mike_c: i suppose his point is along the lines of "mpex controls the coins it is holding, but account holders own them". << quite
a weak point.
Adlai: btcmiami was all
a huge signal: "look at us, we're so successful, we can sponsor all of this!"
Adlai is impressed that gavin showed up here, but also
a little puzzled - did anybody think anybody else's opinion would change?
mircea_popescu: yeah derp claimed he can't come because he's got
a lunch engagement, then found out that so do i so he suddenly could.
ben_vulpes: <BingoBoingo> thestringpuller: Well ESPN says they paid ESPN in BTC << i thought it was
a promise to pay in btc, the paper for which ESPN liquidated immediately
BingoBoingo: <mircea_popescu> asciilifeform the 2nd is particularly pernicious because of the "good enough" approach. "what do you mean bitcoin transactions can't be used to identify anything ? here's
a list of derps we know for
a fact, they're 50% of the blockchain spam" << Reasons to never use
a public Electrum server for people wondering about "Lite" wallets.
mircea_popescu: asciilifeform the 2nd is particularly pernicious because of the "good enough" approach. "what do you mean bitcoin transactions can't be used to identify anything ? here's
a list of derps we know for
a fact, they're 50% of the blockchain spam"
Adlai:
a penny pushing social media spamhaus with no business plan is almost half an exchange?
BingoBoingo: mircea_popescu: Believe it or not it got
a VC round, raised money
Adlai: this is retardation to
a new level
mircea_popescu: asciilifeform it just has to do with, if
a bunch of nodes wake up and find you...
mircea_popescu: i have what the dorks refer to "Fat pipes" on
a number of nodes and they still get saturated on occasion.
davout: that's
a high amount of ninjashogun
mircea_popescu: and yes,
a socialist state can only be run as
a prison or as an insane asylum. because socialism is insanity.