191000+ entries in 0.069s
mircea_popescu foresees great cinematic drama, "the brainwallet". where guy gets shot in head, has to recoup his brainwallet.
☟︎ mircea_popescu: actually the topic of how to compare these two props is kinda interesting.
mircea_popescu: "a total of ~200 bitcoins were locked up for ~3 months to provide this determination"
mircea_popescu: "according to bitbet, ethereum has two degrees of magnitude better odds at surviving 2015 than gavin's scamcoin."
mircea_popescu: same time frame, same substantial dispute (altcoin pretending importance). the gavin/hearn idiots have trouble going past 3:100 against them ; ethereum is so far 3:1 or some shit.
mircea_popescu: then again, no velocity was ever a scalar either, doesn't prevent cars from displaying odometers.
mircea_popescu: whenever "someone" aims to engineer faux sell pressure, "someone" gets raped.
mircea_popescu: bitcoin is in that range because nobody wishes to sell.
mircea_popescu: stuff like ripple or ether is in the 0.05 range because NOBODY WISHES TO BUY.
mircea_popescu: there's a difference, a major difference at work here.
mircea_popescu: whichy, as he said then and i believed then, set him back a few months of dayjob.
mircea_popescu: so if memory serves he lost like 3.x k worth 10-20k or so.
mircea_popescu: eh, at the time we're discussing nobody in bitcoin had enough money for a spare sandwich.
mircea_popescu: this, incidentally, being the reason why nobody uses linode to this day.
mircea_popescu: guy at linode ran off with ~5k bitcoin or so. never prosecuted, slush covered out of pocket.
mircea_popescu: eh. tell you what, 4 years ago, when most of the current "experts" didn't know how to spell the name, the guy was hit by the first targetted attack, alongside some others.
mircea_popescu: i don't think the guy's toxic, just, acts the imbecile on occasion.
mircea_popescu: sad that in 2015 you still gotta teach old hands sense with the hot poker.
mircea_popescu: !v assbot:mircea_popescu.unrate.slush:c6ff2578e04e5100530f440a0ddf17701e43e87010b7eee8128b2c43deaf5233
mircea_popescu: dude, this is so cool, getting to see the 50s first hand from atop a mountain of prime veal and home made black forest ...
mircea_popescu: ahahaha fucktarded gestapo is iliterate so xi ended up with a giant step forward sorta deal ?
mircea_popescu: "In fact it's embarrassing, because everyone who isn't relevant and knows it has an automatic grudge against you." <<< so ? the flailing is amusing.
mircea_popescu: you like questions and shit, fix the fucking legal system.
mircea_popescu: no there isn't. that's the thing with suicide bombing : no more questions.
mircea_popescu: a dysfunctional legal system makes suicide bombing a necessity. you don't like that, fix the fucking legal system.
mircea_popescu: i think suicide bombing not only can be but actually is perfectly justified.
☟︎ mircea_popescu: in other news, trilema article i been working for the past coupla hours now stands at 7.5k words
mircea_popescu: the only problem with it is that it's a profession, and you don't have a clue how it works.
mircea_popescu: "In the deal, Hooli would invest $200 million for equity while in return the two companies would enter into a business development agreement on the side in which Pied Piper guarantees to spend that money in a massive consumer campaign on Hooli’s ad platform."
☟︎ mircea_popescu: roizen is actually one of those actual women in, well, not tech, but anyway.
mircea_popescu: clearly they're shopping for many economists the same place gavin did
mircea_popescu: "Many economists believe that balance sheet losses are irrelevant for a central bank, so they should play no role in policy."
mircea_popescu: it does maybe 20mn profit over half bn revenue. which half bn revenue dropped 80% over the decade and will drop 90% over the next decade.
mircea_popescu: and in retrospective lulz, murdoch paid 5bn for dow jones in 2008. last summer ft sold (to nikkei) for 1.change bn.
mircea_popescu: "CoinTelegraph Media Group is the largest international cryptocurrency-related marketing and advertising agency in the world. Our Ad opportunities provide our clients with wide-reaching penetration into the cryptocurrency-oriented community."
mircea_popescu: hahahaha australia, that shithole where canaries are illegal ? lmao.
mircea_popescu: "Former heavyweight boxing champion Mike Tyson has joined forces with a cryptocurrency firm to bring bitcoin ATMs to Las Vegas. The deal with Conexus and Bitcoin Direct is believed to be the first celebrity partnership in the bitcoin industry."
mircea_popescu: i thought azn ppl were supposed to be throwing the curve.
mircea_popescu: the company ? which the guy called "a major breakthrough in finance" ?
mircea_popescu: If you tumbled over the term interest, you probably read an outdated posted. Sorry to tell you but there is no interest on your bitUSD ... for legal reasons ... thus the community decided to call it a yield :-). That yield is payed out every time you transfer bitUSD (that are older than 24h). This effectively is an interest, but has an other name. Check out the our info graphic about is:"
mircea_popescu: "BTS's consensus algorithm is DPOS, which is roughly that stakeholders vote on a relatively small set of block validators (~100). All stakeholders care about is "sufficient" decentralization - block validators are quick to replace. These validators can be high-performance servers."