235700+ entries in 1.742s
justusranvier: I believe I convered that possibility when I said "providing only that they can find
a trading partner willing to deal with them."
justusranvier: If no third party can interfere with the voluntary dealings of other people, then anyone who desires to participate can do so, providing only that they can find
a trading partner willing to deal with them.
justusranvier: Not equivalent. The latter is
a necessary, but not sufficient, condition for the former.
mircea_popescu: ".I want to see
a future digital economy in which nobody is excluded from participation." "No third party should have the ability to interfere in the voluntary dealings of other people." << do you see these as logically equivalent ?
mircea_popescu: "Given all these downsides, it should be apparent that decentralization isn’t something to aspire to lightly. In fact, it may be better to say that decentralization as
a design technique is best reserved as
a last resort, only to be used when there are no other suitable alternatives."
mircea_popescu: where he had found
a tutorial on the net to make arbitrary length keys and was offering this as
a sort of forum-level braindamaged saas ?
teward: agreed, asciilifeform, to be honest, CLI is my native environment, I prefer managing my keys via CLI. I just use Seahorse for generating, the GUI has
a tiny bit more entropy, and I generate only 4096-strength keys :)
mircea_popescu: asciilifeform it can get gnarly if you manage
a lot of keys
unbalanced: Only using Seahorse because of user-friendliness for now. Though I might figure out git next and submit
a patch to their pop-up message.
gribble: Error: 'New' is not
a valid integer.
teward: mircea_popescu: OTC operator, plus emergency op in #bitcoin, i started lurking here after seeing
a +1 rating on someone for the purposes of trust tree to the bot
unbalanced: I set it all up, using Seahorse... but I have to put
a public key "out there" so people could encrypt messages to me.
mircea_popescu: anbd what throne lol.
a bunch of redditards with ten bitcoin between them that keep downloading the power ranger code ?
mircea_popescu: getting caught with bitcoin can never be
a forced mistake
mircea_popescu: so you know, getting caught with cash in your possesion can be
a forced mistake
mircea_popescu: blockchain.info mixing is
a joke. break bitbet mixing.
justusranvier: People skilled in that art can do
a lot more, given the improved access to information
justusranvier: All of those approaches you mention for cash only operate on
a subset of the "address space". Graph analysis of the blockchain can look at the entire data set, forever.
mircea_popescu: or if you get caught with series-fixed bills after
a bank robbery
justusranvier: Is there
a USDchain.info where anyone can view every transaction that ever occurred with
a given bill?
unbalanced: I don't have
a lot of hardware is why... at the time I was on
a Windows machine using
a Linux VM. Now I'm pure. Linux.
mircea_popescu: justusranvier "Using the global public ledger that allows for multilateral decision making means that retaining financial privacy is, to put it lightly, problematic. It’s possible to achieve, but doing so is
a difficult and delicate process where mistakes are easy to make and also permanent." i don't understand this part, at all.
unbalanced: But before I do, I agree MP, I didn't take not winning the hackathon badly, I only said my thing wasn't "good enough" because
a) it wasn't all done in time and b) my math was less than accurate. Empirically not good enough for anyone to use.
unbalanced: Not sure if i can get to that VM from here. I'll take
a stab.
mircea_popescu: just go to the hackathon as you go to the bar, not like you go to school. it's
a social function.
unbalanced: By the time I left that conference I thought Bitcoin was
a cult of decentralization. Decentralize all the things!
unbalanced: I didn't win
a top place... my stuff wasn't good enough but more importantly it seemed, not "decentralized" enough.
mircea_popescu: people are incredibly arrogant, so
a bunch of them getting hurt badly is good news.
unbalanced: I was at the Bitcoin Hackathon in Toronto
a couple of months back, and DJ was
a judge.
justusranvier: Anyway,
a lot of businesses trying to get involved in Bitcoin got some bad advice from him. Some of them did ask around for second opinions though, and avoided that particular pitfall anyway.
mircea_popescu:
a collection of three idiots does not become
a startup through their declaration to that effect, in my view.
mircea_popescu: Many knowledgeable observers called the whole thing
a success. Irvine’s team wound up with three million in BTC after all. Ryan Galt, an investor who blogs as Two-Bit Idiot, noted the “pump-and-dump” that happened but said the number one takeaway was to make sure to get in early when
a “hot new coin-related startup announces
a crowdsale.” “You better be ready to buy the second it goes live,” he wrote.
justusranvier: To my untrained eye, it looks like certain people got
a unhappy with DJohnston using their reputations without their consent, so they kicked him out of BitAngles into his own sandbox.
mircea_popescu: “All issuers selling securities to the public must comply with the registration provisions of the securities laws, including issuers who seek to raise funds using Bitcoin,” said Andrew J. Ceresney, the SEC’s enforcement director in
a press release. “We will continue to focus on enforcing our rules and regulations as they apply to digital currencies.”
assbot: Jack Tramiel,
a Pioneer in Computers, Dies at 83 - NYTimes.com
diametric: should read scrollback, i'm assuming it was the topic for
a while
mthreat: he also corrected me when I said i'd seen
a pic of him with an ak-47. apparently it wasn't an ak
unbalanced: Got partway done months ago in one of my VMs, I'll have to dig it up. BingoBoingo's tutorial was
a good help.
mircea_popescu: course mine wasn't an actual c64, butmoar like
a clone48
dub: the one console I recall using was the old pong game that plugged into
a tv
assbot: Charlie Brown: I got
a rock - YouTube
cazalla: we had similar knock offs in australia, it was my grandmother who bought me brick when i wanted
a gameboy with tetris and she tried to tell me it was the same thing
cazalla: tfw too poor to own
a gameboy, somehow $2 brick from reject shop didn't fill the void
bloctoc: is the french rate that ECB negative rate from
a week or two ago?
mircea_popescu: benkay also known as moral hazard, this, and why someone's gotta put
a stop to it
benkay: lol no the implication is that knowing that
a thing is upon one is
a hard thing to figure
ThickAsThieves: it's implied that you'd know when it was upon you, so surmising whether it may already be is only exposing
a state of nigh
mircea_popescu: apparently the guy is
a total gold bug. the ever helpful tardopedia : " His 20 year tenure as head of Forbes magazine coincided with the decline of the publication and the Forbes family empire."
ThickAsThieves: “Somebody can’t go and use
a whole bunch of our patents but then sue us for using one of theirs,” Musk said “That seems like it wouldn’t be
a very nice thing to do.”
assbot: Steve Forbes says U.S. will return to
a gold standard
mircea_popescu: asciilifeform was he
a chechen living in turkmenistan ?
mircea_popescu: davout asa bonus he has
a lenghty list of "i fucking told you so" for various people.
ThickAsThieves: i'm totally ignorant of taleb other than gaining
a familiarity of his name from you guys over the months
mircea_popescu: <davout> mircea_popescu: well, if you count $10k/month/person that's like 3.6mn/year in salary, that's not *that* much compared to what they raised, and they haven't been 30 for that long o
a time i'd assume << you know the donner party also wasn't as large before as it was at the point it starved to death.
bloctoc: if bitpay takes 3 days to receive the fiat. That's
a loan essentially in BTC to be repaid in USD. so, they're shorting btc and will always be shorting the bigger they get.
ThickAsThieves: <+BingoBoingo> ThickAsThieves: Continued BTCFundnation goodwill... /// isnt bitpay already
a plutonium level supernode sponsor member?
ThickAsThieves: she did seem to be
a decent little worker bee for btcf at the conference
davout: mircea_popescu: well, if you count $10k/month/person that's like 3.6mn/year in salary, that's not *that* much compared to what they raised, and they haven't been 30 for that long o
a time i'd assume
ThickAsThieves: i dunno, this concept of bitcoin services doing
a NASDAQ/NYSE IPO, seems somehow naturally unlikely
mircea_popescu: from what i hear this 30mn bought them
a lease on life worth about
a year.
davout: just had
a look at their "team" page
TheNewDeal: this is going horrible. Just tossed some chicken on the stove and now I have to take
a shit. Running around the kitchen trying to hold everything in before I can flip
BingoBoingo: First they call MP
a pornographer, then they call him
a scammer, later the ignore him... Next they call MP
a witch?
mircea_popescu: for that matter, in no acquihire do the investors see
a dime
mike_c: davout: point is they aren't cash-flow positive, so they can't be socking away
a pile of btc.
mike_c: what about acquisitions? that is
a common exit path and could make money for fiat investors.
davout: that'd imply
a correlation between their value and the btc fiat rate
mircea_popescu: mike_c also, this is
a dilemma crafted for your shoesize. so, reits are bad right ? how about seits ? where s stands for ... shit i guess.
davout: i was understanding this
a bit differently