255000+ entries in 0.063s
mircea_popescu: "Do you have any anecdotal examples of crypto users on the side lines saying things like,
mircea_popescu: would you even notice that same day ? that week ? ever ?
mircea_popescu: everyone i know that's not dumb is busy doing shit. the people "discussing" on reddit are an entirely different brand. if tomorrow they were replaced with a frog infested pond, what'd happen ?
mircea_popescu: i'm not about to regret that reagan didn't make more us workers go to party indoctrination class.
mircea_popescu: similarly one could observe that the soviet union had very impressive victory day parades. sure. this, principally, because the soviet citizen had little better to do, either productively, for leisure or for his own safety.
mircea_popescu: how's this a problem anyway ? pre-bitcoin, pre-gpg, etc, i can see it. today ? who gives a shit ?
mircea_popescu: of course, the right doesn't generally create unruly mobs of idiots that spout nonsense. this, principally, because the right is not comfortable for idiots.
mircea_popescu: decimation i don't really see it the same way. when nanotube was disappeared earlier this month, gribble got replaced within something like a week. seems to me the organisation's fine.
mircea_popescu: decimation the craftyness of it, tho. who is presented as the golden standard ? microsoft. because why ?
mircea_popescu: what sort of rotten oats would an ass have to eat to imagine that something that couldn't be done later should be done now. it's the screaming declaration of "we don't represent anyone but wish to rule everyone"
mircea_popescu: because a) we deeply care about the "i predicts" of propaganda agents ; b) "hurry up guise, if we don't do it while nobody's looking we won't be able to do it at all"
mircea_popescu: With the limit in place, Bitcoin runs the risk of stagnating. When the limit is lifted, I predict we will see mass adoption."
mircea_popescu: The 1 MB block size limit needs to removed as soon as possible, and replaced with something that scales automatically, rather than through risky hard forks that require political consensus. It's 2015, Microsoft, one of the largest companies in the world, accepts Bitcoin, and the Bitcoin network can only handle 3 transactions per second, unless there is a hard fork. Getting rid of the 1 MB block size limit is long overd
mircea_popescu: could lead to Bitcoin community splitting into two networks, or a hard fork could end up not happening due to community infighting. Both of these would be disastrous for the Bitcoin economy.
mircea_popescu: reddit : "You're only looking at the technical side of it. Leaving the 1 MB block size issue for later is risky due to political/social reasons. Every hard fork brings with it uncertainty and risks because it requires wide consensus to be carried out smoothly. As long as these risks hang over the Bitcoin economy, many companies will be hesitant to make long-term commitments to the Bitcoin economy. Afterall, a hard fork
mircea_popescu: "tldr: economically speaking, core dev team should not worry about increasing the block size limit until at the very least we see average transaction fees consistently above the 0.0001 btc 'minimum'. At that point we can revisit this debate. There are other questions about feasibility and politics that I'll leave out."
mircea_popescu: this is like ether all over again. "oh we have tons of support!!1" "how come nobody is trading ?" "it';s mystical support. woodcollector knows all about it. we'll send you a private video." etc.
mircea_popescu: i am kinda shocked nobody is wanting to buy gavincoins from me for a fucking steep discount, incidentally.
mircea_popescu: "Likewise, in the worst case if Bitcoin did overshoot to become centralized alt-coins and the market would again solve the problem."
mircea_popescu: decimation for sure, making it plain that bitcoin isn't a sort of
http / pki / dns / ietf / whatever captive protocol in the courtyard of some us dependent or another is quite valuable. first and foremost for bitcoin.
mircea_popescu: his rethoric was different a coupla months ago, and as far as anyone can tell hasn't actually caught up with your representation thereof.
mircea_popescu: there's many intertwined issues there. the outermost layer is, to establish whether an english speaking cia visitor is even in a position to push through a hardfork.
mircea_popescu: this is too lengthy a discussion. bitcoin is perceived as a threat by pretty much every central bank, you know that much.
mircea_popescu: i don't know why a whale would want to be 20 tons. so what of it.
mircea_popescu: listen, arguing to ignorance is really bad engineering.
mircea_popescu: you don't get a private island just because you want one. things have to do with each other, it's the way of the world.
mircea_popescu: it's so far 100% of the bitcoin "told the usg to get fucked" party. once you digest that you might be in a better position to evaluate who matters and who doesn't,
mircea_popescu: but if headcount feels the need to learn this through headcollisions with hard objects, it may.
mircea_popescu: point being, mpex is, currently, > 50% of "bitcoin business". like it or not, it's a fact.
mircea_popescu: enough to make me 600 btc in the month bitpay made a loss.
mircea_popescu: coinbase made the round, which i guess gains it a little space. NOT that much.
mircea_popescu: but if you absolutely must see bitpay die before you wake up, it can be arranged.
mircea_popescu: the one large merchant left in bitcoin so far is mpex.
mircea_popescu: people here don't "have concerns". people here are going to skin the fork as proposed so far, no argument there. gavin can start reading or press ahead, either way.
mircea_popescu: what's next, start assaulting women because "nobody told me how to seduce any woman" ?
mircea_popescu: sometimes we don't get what we want. that doesn't mean our wants now have a wild card and nothing else matters anymore. this isn't school.
mircea_popescu: Luke-Jr anyway, inasmuch as everyone actually wants bitcoin to prevail, divergence of opinion isn't much of a problem. however, the conservative rather than the progressive approach must be observed. change doesn't happen just for the sake of changing things. this isn't a fad or an ipad gizmo. if consensus can't be reached for whatever reason, whoever doesn't like it leaves and starts over, rather than pretending the o
mircea_popescu: Blazedout419 hey, my question to you is, did you actually pay 14k for that guy's wooden thing, as represented ? or was it more like a sweetheart sort of deal for advertising sake, like the sillycon valley does ?
mircea_popescu: kakobrekla hey is there going to be a party on the log's 1mn th line ?
mircea_popescu: including the actual bitcoin foundation is the correct move there. mod6 ben_vulpes are in charge.
☟︎ mircea_popescu: ;;sell 1000 "Gavin Scamcoins" @ 750 BTC Future delivery. Larger amounts will get you an even better deal. Smaller amounts may be considered.
☟︎ mircea_popescu: ;;sell 1000 "Gavin Scamcoins" @ 750 Bitcoin Future delivery. Larger amounts will get you an even better deal. Smaller amounts may be considered.
mircea_popescu: same shit's happening here. gavin is lying, and you're falling for it.
mircea_popescu: yeah, you did. you were promised one thing, got another thing, they told you "it's just as good, pretend like you got the original". and you did. becauser you believed them, that delivery's imminent and errything.
mircea_popescu: i will just remind you that you actually believed the bfl scammers, and stained your own beard lieing about THAT delivery.
mircea_popescu: and what lies gavin is sprouting to an eager ear... his problem.
mircea_popescu: there is no "community" agreement. reddit isn;'t the community.
mircea_popescu: ;;sell 1000 "Gavin Scamcoins" @ 750 Bitcoin Future delivery. Larger amounts will get you an even better deal. Smaller amounts may be considered.
mircea_popescu: ;;sell 1000 "Gavin Scamcoins" @750 Bitcoin Future delivery. Larger amounts will get you an even better deal. Smaller amounts may be considered.
mircea_popescu: ;;sell 1000 Gavin Scamcoins @750 Bitcoin Future delivery. Larger amounts will get you an even better deal. Smaller amounts may be considered.
mircea_popescu: as far as hardforking goes." << the downside of a hardfork is that every user that buys into the gavin scam will be left without a bitcoin node.
mircea_popescu: "Downsides of a hardfork are simply that all nodes who do not go along with the upgrade are left without a functioning Bitcoin node, and susceptible to fraud (double spending, etc). This means a mandatory update of every node in the wild, which could require hardware upgrades as well. Miners are not in any special position to decide a hardfork, and are at the mercy of the bitcoin users (mainly merchants and exchanges)
mircea_popescu: One night, Charles Manners (Lord Lieutenant of Ireland) appeared in the regal box at the theatre on the same night that Peg was attending the show with her girls. Some wags in the gallery began shouting at her “Oy Peg! Who slept with you last night, Peg?” Peg gave them an imperious look, threw a dramatic glance at the Lord Lieutenant and in a scolding tone, said: “Manners, you dogs!”
mircea_popescu: "Question: Why would I go to the fucking dumpy ass trailer park called Lake Havasu when I am currently living in Carefree and 10 minutes from Scottsdale?" lol i was waiting for this.
mircea_popescu: the type of plague that destroys the medical community, that guy.