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mircea_popescu: the film's unwatchable except for a kevin spacey monologue
mircea_popescu: there's a pretty fucking bad film about three stooges that conspire to kill their bosses.
mircea_popescu: im sure some rubber chicken on a beach will solve all this!
mircea_popescu: then those people lose morale and start coming to me with the stories, which hurts "everyone", which is to say : the scammers ; their friends.
mircea_popescu: which is true, it isn't. the us is built on a corporate culture of empty pretense and outright fraud. course they tend to stick together.
mircea_popescu: then those people want to express their outrage. sometimes they do. then they get letters from the idiot "management" about how THIS IS NOT OUR CORPORATE CULTURE
mircea_popescu: jurov: "Another example is that some CEOs fear to attack known scams in public because..." lol so they will attack them privately? << they have a serious strategic problem : employees are normally decent, intelligent human beings they're raping.
mircea_popescu: i know they told you there's no difference. they lied.
mircea_popescu: yo fenton, miss tits what's her name didn't manage, and she had the tits. this is not how you do it, seriously, pretending like you matter works in whoredom, not in finance.
mircea_popescu: "Organized by Bruce Fenton of the Bitcoin Association and Atlantic Financial, participants in the first annual Satoshi Roundtable include top executives from companies such as Blockchain, BitGo, BitPesa, Chain, ChangeTip, Coinapult and MegaBigPower, as well as noted VCs in the space such as Erik Voorhees and Roger Ver."
mircea_popescu: they're just being inclusive to all climates while working with technology to resolve the problems of the future.
mircea_popescu: BingoBoingo: Oh people are now ripping off MP's conference format << lmao buncha wanna-bes. what fucking elite ?
mircea_popescu: PeterL: If you know what you are doing << most of rural transylvania still makes its own moonshine. most still operators spend the three days it takes entirely drunk.
mircea_popescu: punkman: you can distill grapes, plus they are useful for other things << great anal beads
mircea_popescu: its already a 33GB download ,imagine that increasing exponentially ,nobodys going to download it all when it exceeds 100GB but i suppose we could all use "lite wallets " etc but that would also weaken the network if most people were using multibit etc"
mircea_popescu: everyone doesnt need the last 6-7 years of history ,there must be some way to let new users download the most recent portion without the previous 6 years or just the headers instead of every entire block etc
mircea_popescu: i think it would be a big mistake to put higher fees on higher tx amounts and i would vote against it ,raise the block size if necessary and prune the blockchain is a better idea imo
mircea_popescu: "one of the unique and beneficial attributes of btc is you can send someone a 50 cent tip or a million dollars for almost nothing in transaction fees
mircea_popescu: and all txn over 1k are free because fuck you that side doo.
mircea_popescu: how about all txn under 1 BTC are excised 99 bitcents fee because fuck you, go be poor in massachussetts ?
mircea_popescu: the one thing poor people will NOT give up except with their life is "you got money gimme"
mircea_popescu: "Or would you prefer to introduce sliding scale fee structure (higher tx amount - higher fee)?"
mircea_popescu: as if that's how the world works, old men get what they want for wanting it.
mircea_popescu: basically, one less explored point of usgavin's interest with the fork is to cripple the politically revolutionary side of bitcoin. obviously if bitcoin can't be bitcoin then the replacement of plain contracts with gpg-contracts will at least be hindered.
mircea_popescu: Why? Because if you are giving somebody one million dollars for something, you almost certainly have built up real-world trust, and probably have a longstanding relationship, signed contracts, etc etc."
mircea_popescu: "I'd suggest you go research existing high-value-payment networks and see what typical fees are for multi-million dollar transactions. FEDWIRE is running at 6 transactions per second, average transaction value over $6million, with fees per transaction UNDER ONE DOLLAR.
mircea_popescu: "Also, I used to read their logs on IRC, and there was a guy called 'pankkake' (also in btctalk) who seems to have vanished. I think its because they disagreed regarding the fork thing, so if anyone could share the light on his views, that'd be interesting too since I used to value his thoughts." <<< wasn't that over the systemd fork of linux !?
mircea_popescu: saying no to idiots is hardly enough merit to rename things, we'll end up with weekly renamings if this is how things work.
mircea_popescu: (MP standing for Mircea Popescu.. - dam he must be so thrilled having the 'basic' bitcoin renamed after him XD) << no, actually, i'd rather it just be called bitcoin. which is what it is.
mircea_popescu: it's been killed in teh logs, but obviously shills don't read.
mircea_popescu: that peter r shill is back in there with his nonsensical golfclub "statistics",
mircea_popescu: "BUT YOU ARE SECURING TRANSACTIONS WORTH SOMETHING LIKE 2,000 TIMES MORE VALUABLE THAN TODAY'S TRANSACTIONS" << check out allcaps usgavin thinking bitcoi nin terms of "usd value"
mircea_popescu: "dude, you don't get to escalate me. go use the proper venues the proper way or shove it."
mircea_popescu: thestringpuller speaking of the bona fide, i got some pics earlier
mircea_popescu: well actually, that's nothing. i await with eagerness to see what the next democrat is going to promise.
mircea_popescu: jurov they pay qntra to attend. once they actually get some money together and can afford being in the actual press.
mircea_popescu: "Changing the fees to be higher for Bitcoin, is going against what people like to say are some of the best things about Bitcoin, it's like changing what Bitcoin is."
mircea_popescu: <ben_vulpes> and none of these fancy "wine" thingies << corn.
mircea_popescu: "The anti-fork crowd mostly consists of a small minority of ego-maniacal, 1% wannabees who want to keep Bitcoin as a niche market for elitist whales because it suits their vested interests. "
mircea_popescu: most toothless stoppage ever, but it does take a bite out of obama.
mircea_popescu: mats: this is gonna be good <<< it's pretty threatening, shell has really no interest to refine further, at least for the next three months.
mircea_popescu: what would any disease want more than for the host to claim it's perfctly healthy ?
mircea_popescu: asciilifeform tradecraft, he lives in places 3 months at a time
mircea_popescu: word around the terrorist campfire is, the usg is really running short on talent.
mircea_popescu: to quote hanbot, "you know had i not met you i don't think i ever would have realized how well anthropology and sadism go together."
mircea_popescu: his white pill did more for the red pill than any blue pillers wish to admit.
mircea_popescu: someone tell mr moneybags there aren't even half that many shares in circulation lolz.
mircea_popescu: lol qntra ended up with some buyside out of the deal too.
mircea_popescu: you'll have to go there, and you'll have to meet people. i'll back you, if you want to do it.
mircea_popescu: kakobrekla by the way, if you feel like spending a year doing it, i'm pretty sure many/most ba projects COULD be shopped for bay area investment.
mircea_popescu: dead babies who died of being hungry for a month while nobody noticed.