255200+ entries in 0.095s
mircea_popescu: but somehow it's not now the case that *I* should waltz in washington and buy the monument for a few bitcents.
mircea_popescu: but somehow it's NOT what the us has to do, once the us turned into a cold war ghetto.
mircea_popescu: eerilie reminiscent of how "financial discipline" was the imf standard pill for all of eastern europe all through the 90s
mircea_popescu: asciilifeform notice the very convenient "uilding Bigger Roads Actually Makes Traffic Worse" just on the tail end of two decades of "we can't actually afford to build anything anymore" and as "we can't really even maintain what we got" sets in.
mircea_popescu: jurov not possible huh ? compare M3 to world trade figures.
mircea_popescu: as this carries on eventuyally fees will exceed block rewards sometime that decade.
mircea_popescu: i would suspect once we've beheaed gavin for things to proceed apace and by 2020 or so to have a more reasonable 50 to 100k move daily, of which that 1% is then maybe 50 btc a day.
mircea_popescu: as btc matures, velocity will approach more reasonable values.
mircea_popescu: a system where 1k btc out of a 15mn currency base moves EACH DAY has exceedingly slow velocity.
mircea_popescu: currently tx fees are in the range of 0.000000001% to 0.001%. they will increase, yes. degrees of magnitude, yes. past 1% as an average is unlikely, because alternatives will become lucrative enough. such as you know, people would stop "tipping" etc.
mircea_popescu: (tbh such a change is pure gunk, bitcoin will NEVER carry 10% fees, ever. period.)
mircea_popescu: well just don't make it scale down bvy the same formula
mircea_popescu: jurov make an actual model and i can show you numerically how feasible it is. or otherwise, estimatively, it'd cost about 1 btc to make the blocks any arbitrary size.
mircea_popescu: 120 ? is that just for newly minted coins or fees too ?
mircea_popescu: uh, you want a per tx% ? i thought you just wanted per block aggregate.
mircea_popescu: not clear why only once in 100, but granted that, 10 btc in fees per block on average is like what, 1mn% more than now ?
mircea_popescu: jurov i don't get your logic. why can't i use external tx fees ?
mircea_popescu: "If anyone reading this believes that a man whose time is worth THREE THOUSAND DOLLARS AN HOUR is going to pick up a chisel for $18/hr, stop reading RIGHT NOW and kill yourself." << i have personally fucked women whose time was actually that sort of money. i bought lunch.
mircea_popescu: "fifty eight men join plumbing school as the notion they will ever be hired to do anything with computers is laughable"
mircea_popescu: what happened to "verizon fired its entire security staff, hired hacker to form a new team" ?
mircea_popescu: "The app hacker quietly reported the holes to Verizon which issued a fix Friday, two days after it was disclosed, and rewarded Westergren with a year's worth of free internet." << heh, bad deal.
mircea_popescu: i can do it probably ten times in 10k blocks with very little costs.
mircea_popescu: "XDA senior software developer Randy Westergren said the FiOS API flaw since fixed allowed any account to be accessed by manipulating user identification numbers in web requests." shit sherlock.
mircea_popescu: miner makes a block out of tx with huge fees that he doesn't broadcast. if it goes in, it's in. if not, no loss.
mircea_popescu: jurov no, not really. just in the parallel universe where usg matters.
mircea_popescu: i mean, go rape a toddler instead. better off for society.
mircea_popescu: the hard problem of back-ups for people who don't crypto.
mircea_popescu: because people were so petrified they might lose a set.
mircea_popescu: unsurprisingly, it includes their mugs. unsurprisingly, anyone ever involved ended up with copies,
mircea_popescu: pron thing, the usians came up with this idiotic law that you must make so and so footage of models.
mircea_popescu: does this mean i can log into all the girl's accounts now ?
mircea_popescu: so wait. i have a humongous library of 2257 notices. prolly tens of k's.
mircea_popescu: ben_vulpes wait. you played his phone to your phone and it took ?!
mircea_popescu: nubbins` maybe help the idiot kids make a proper gpg contract? that shit's a sore eye by now
mircea_popescu: nubbins` prepare to be famous. i hear you're really a woman ?
mircea_popescu: o look at that, from the actual expert in the field herself :)
mircea_popescu: whoa, dude actually butchered a chunk of berchemia to make his shotgun-cut atrocity ?!
mircea_popescu: "This accusation was started a few hours ago, the bulk of my clients have not even logged in since this who parade of nonsense started." sounds like the social media artisan :D
mircea_popescu: anwyay, that thread is exactly what one'd expect : everyone with even half a clue, all the way to smoothie saw the same thing i saw. we're not like experts or anything.
mircea_popescu: nubbins` yeah, hand carving mostly consists of doing "the edges" specifically because laser chased them off the flat surface.
mircea_popescu: " I'm not a fool by any means, every great man has a few detractors, Like i have said before."
mircea_popescu: nubbins` it's your own fault tho, you worded it too strong.
mircea_popescu: kakobrekla the DESIGN is unique. except for the part where this old woman whose daughter i used to fuck on occasion had a plastic tablecloth in the same color and pattern.
mircea_popescu: let's not dispute the actual facts in contention but instead spew a ton of emotional bs. that's the way!
mircea_popescu: "AND EVEN, if this pieces were carved by a laser... I would still love them and they would still be unique." win.
mircea_popescu: kakobrekla for a moment there i had a vision of a tiny dog pack coursing for mice over a tiny field.
mircea_popescu: kakobrekla aren't they trapped ? actually hunted instead ?!
mircea_popescu: "You are claiming to be an artisin silkscreener? never new there was such a thing. In that case, i am also an ARTISAN dishwasher, well when my wife is mad anyways. Oh and an Artisan snow shoveler as i have decades of experience with that too. I mean, as long as we are making up names for professions." << you're screwed nubbins`. you know how many times ima link to this ? do you ? DO YOU ? :D