199900+ entries in 0.058s
mircea_popescu: most of the regularization of the tx price of bitcoin will be done by usd being forced to devaluate in comparison
mircea_popescu: because steak isn't that. and so... $5k a transaction is no big deal. if you don't care to have your shit verified by the entire world, go send a wire, at $500 or w/e it will be by then
mircea_popescu: so, no, the price of steak is not going to be considered by comparison to "price of food" defined as "mcshitty menu".
mircea_popescu: the reason is that bitcoin tx offers some specific services neither visa nor wire offer.
mircea_popescu: anyway, to the expensive topic : it is an inconvenient but nevertheless incontrovertible fact that the price point for bitcoin tx is VASTLY above the pricepoint for "visa tx" or "bank tx".
mircea_popescu: "yeah... like everywhere else ? the us got rich by being a republic, not by being a democracy. the soviets got rich under tyranny and then the demobureau fucked it up"
mircea_popescu: "oh but mp, the money got here specifically because undemocratic"
mircea_popescu: clearly bitcoin government is bad and they should hold a vote.
mircea_popescu: well... the government of the us is paying them to derp on reddit. why is the government of bitcoin not paying them to use bitcoin ?
mircea_popescu: better, you see, eat soap wrapped in my own country's flag than cheese in a plain white rapper.
mircea_popescu: lmao all the fucktarded jokes. "who makes the byline of a crypto book start with the workd unlocking?" "o'reilly executives"
mircea_popescu: dude. if you have a 8.5465466 input and you spend 2.34 out of it, your outputs will look like 2.34000000 anbd 6.116574567
mircea_popescu: (which is why shithead services like coinbase don't even implement the whole 8 digits. their 2010ish understanding of "de-anonymization technicues."
mircea_popescu: da fuck is wrong with these schmucks, anyway. "herpitty-derp, i wish to push a widely unpopular, nutty agenda. obviously the best way to do this is to ask people interested in selling more to side with me. because logically if those racist white supremacists actually boycott walmart until it puts the lot of us in a concentration camp, walmart totally won't. because hurr."
mircea_popescu: maybe they should petition voltaire's sponsors too. until he becomes the "hip", "cool" figure they want him to be or something.
mircea_popescu: no, it doesn't. it sounds about as much like voltaire as any other bit of usian drivel.
mircea_popescu: "because it sounds like something he might have said."
mircea_popescu: punkman that's an entirely different argument tho. i have nfi what they're doing / dun care so much, but anyway. the fiat consensus is and has been, for the past ~800 years, that you can't oppose land ownership to road development.
mircea_popescu: chetty actually there have been "unjust enrichment" suits against states/townships on stuff like that.
mircea_popescu: i mean, it's one thing when they were simply stealing property to give to others who they figured "would pay more tax". that's fungible. but this isn't - train gotta go straight.
mircea_popescu: what, train's gonna go around old man joe's property forever more because 180 years ago there lived a curmudgeon ?
mircea_popescu: you know, opposing eminent domain for stuff like this is a little nutty.
mircea_popescu: "you can either sell it at prevailing market values, or we'll take it at prevailing market values".
mircea_popescu: hey, which anglo nut made a 50 copy edition of his crappy poetry and jacked off on the lot ? was it burroughs ?
mircea_popescu: wilbns i think if anyone in here's religious beliefs managed to survive in here for this long they'll be fine.
mircea_popescu: it should be noted that the civilisation that chose to feed itself on wheat, a plant famous for and a plant whose only strategy is, to overinvest in its progeniture
mircea_popescu: but then in a few years it's drownerd out by more sanely balanced plants.
mircea_popescu:
http://log.bitcoin-assets.com/?date=18-08-2015#1241775 << the point here being (perhaps unfamiliar to some readers) that wheat is not a sort of plant that survives, except in particular situations : say post volcanic eruption, when everything's been burned down. then the weed makes a quick colonisation, because of its disproportionate seeds.
☝︎ mircea_popescu: no, dirty little helper was a lengthy collection of various tidbits.
mircea_popescu: (in proper terms : clueless people don't have what to delude themselves with)
mircea_popescu: clueless people haver a lot more sense than to starve.
mircea_popescu: im going to end up the english language's foremost hack.
mircea_popescu: no reprieve. nic carey used to be a good guy, he's as scummy as any scumbag now. this is his doing, and not my problem.
mircea_popescu: i do not credit this "nice people working for scammers" theory.
mircea_popescu: ;;google trei grasulii se leganau pe o pinza de paianjen...
mircea_popescu: the notion that the group of redditards is "decentralized" is not unlike the proposition that salem at the time of the witch trials was "good christians".
mircea_popescu: anyway. no, the "community" is not decentralized now, could not be decentralized in the future.
mircea_popescu: (the two are so strictly undistinct... omfg. us took 200 years to catch up to post-ww2 argentina)
mircea_popescu: certainly the source of the state in all its broken implementations to date, from nazi socialism and soviet socialism all the way to obama and peron populisms.
mircea_popescu: it is THE MOST centralized thing in both theory and practice. and probably the source of all others.
mircea_popescu: mes from hanging out with groups of similar retards strictly to farm fake agreement, DECENTRALIZED
mircea_popescu: "I've mentioned this countless times but I think it's obvious that true consensus should be coming from the largest, decentralized group in the Bitcoin space: its users around the world." << how the fuck is a bunch of circlejerking derps, who don't even REALISE that google's been feeding them results tailored to their own stupidity for a decade, who think wikipedia is a source of knowledge and whose enjoyment mostly co
mircea_popescu: maybe not even then. "socialism was never really tried" etc.
mircea_popescu: i wonder, incidentally, how, when or if will the us-style feminist conceptualize that her notions of gender identity and female rights imposes a significant cost on the community, and as a result ensures a) its downfal and b) the mass rape of most females and some males dumb enough to have participated, deserved, as spoils of war.
mircea_popescu: better than any government. because, again, laissez faire and rape-y. can't argue with that.
mircea_popescu: the reason isis is such a problem is that they're not even comparable, but homologuous.