208500+ entries in 0.061s

mircea_popescu: "i'm making a loss on every sale but hope to make it up on volume" ?
mircea_popescu: turning a broken system into an extensive broken system does not fix the system.
mircea_popescu: but up until that point... the whole charade had been powered by her trying to deny this. which is substantially what honor is.
mircea_popescu: not because lazy, not because princess in her own head, but simply because there's an end to things. at which point she gets the ants.
mircea_popescu: and i mean, mentally naked, not without clothes, but without any ideology
mircea_popescu: i suppose i'm not putting enough explicit into this which i know from experience but perhaps alone. there is this thing that happens to a slave, when she's naked
mircea_popescu: i answered that in not taking the ants, they're doing exactly what people proposed miners do in 2010 : "well it's centralizing but they should honorably resist"
mircea_popescu: they learned it the same way, too : by having it beaten into them as children.
mircea_popescu: objectively, what difference can you see between the slave that mines slavecoin because otherwise the ants and the holy paladin that doesn't ravish the maid because... "he couldn't live with himself" otherwise ?
mircea_popescu: even if you do. the ants are adversity. what's the definition of honorable if not "perseverent in the face of adversity" ?
mircea_popescu: goes right into the discussion re monetary incentives a week or two ago.
mircea_popescu: just like, you know, "coal burns in the furnace, yet coal in the mine will never run out" or whatever
mircea_popescu: it may very well turn out that bitcoin is a case of wishful thinking, entirely being powered by the illusion that we've managed to "get free energy" for as long as this illusion that "miners can be centrally verifying in a decentralizewd manner" lasts.
mircea_popescu: there fundamentally can not be a way to organize mining that's not centralizing, BECAUSE mining is going to have to follow the same rules, as that's what it does for bitcoin : checks them.
mircea_popescu: not that this problem wasn't broadly predicted and discussed 2010-2011. the solution, predictably, from white young adult us schmucks, was "honor!1!"
mircea_popescu: it was slowly nursed over half a decade by the above unfortunate centralizing force.
mircea_popescu: this is how the current "45% of network is dumb as rocks" thing has appeared
mircea_popescu: and so, once it's open, people that aren't every bit as good as you no longer have any incentive to continue
mircea_popescu: the way this works is : if you're any good as a miner, you're going to have your own infrastructure. you might keep the pool closed,
mircea_popescu: the broader problem is that the way mining works is very much discouraging middle, which is a serious problem, as death of the middle class always precedes centralization.
mircea_popescu: this middle may perhaps exist, sure. sadly it's hard to observe
mircea_popescu: chiefly because that game doesn't exist, in a number of wayus.
mircea_popescu: ascii_modem the gist of what i'm saying is that while foundation publishing the best code possible is a very useful and very worthy thing, you do not have game theoretic reasons to expect the things you were claiming to ewxpect
mircea_popescu: on the other hand, some people do code defensively. rare but exists
mircea_popescu: on olne hand, you'd be surprised what is appreciable for mining
mircea_popescu: this isn't a field where such a thing as sop may be a defined symbol.
mircea_popescu: it's a shitty game plan, but then again there's women aspiring to be singers, so.
mircea_popescu: what the current outsider schmucks (on #bitcoin-dev and etc) hope to achieve with their time is, release enough code that nobody* uses to give the impression they know their shit, so they can one day maybe join the actual miners as a junior analyst, and until then survive on conference rubber chicken.
mircea_popescu: there's a revenue model in place, and traditional software paradigms plainly do not matter.
mircea_popescu: this isn't wordpress, or red hat, where you hope to make money downstream out of basically, advertising.
mircea_popescu: you DO NOT benefit from more people using your software.
mircea_popescu: understand : unlike most usecases for software, bitcoin mining presents exactly zero incentive to share code.
mircea_popescu: ascii_modem yeah, it's on the shelf right next to the secret cypher suites, have at.
mircea_popescu: wrote own software, been doing parallel sigcheck since 2013.
mircea_popescu: you know, spend three hours mining a spv verified chain because they just don't give a fuck.
mircea_popescu: but do not despair : the same situation was in place back when the power rangers maintained it.
mircea_popescu: game theopretically, bitcoind is irrelevant for mining.
mircea_popescu: so, again : if they can think they don't need you. if they can't think, they wouldn't even know you exist.
mircea_popescu: i'm a miner, i can't think. i run some random derp pool, i couldn't care less about you.
mircea_popescu: i'm a miner, i can think. i run my own nodes, i run my own pool, i couldn't care less about you.
mircea_popescu: "Tokyo police are investigating whether a man who cooked his own severed genitals and served them to five paying diners committed a crime, the force said Tuesday."
mircea_popescu: all this suicide "indicting" has a single source : "you owe us"
mircea_popescu: is perelmanism singularly unprofitable for the perelman ?
mircea_popescu: the one that'd never have amounted to a hill of beans until some cop shot him ?