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mircea_popescu: "How much did the Bitcoin Bowl cost? Was it really worth sacrificing nine of your best and brightest?" << heh. once you put it like that, it burns.
mircea_popescu: asciilifeform yeah but i mean... so it's great, less shit to worry about, someone else;s doing it.
mircea_popescu: "Lets not forget the real paid shills on /r/bitcoin as well. The fuckwits who were paid to spread the usage of 'bit' as a unit. I wonder how much BitPay spent on that one." << that's a kinda funny one. yet another place where derps diverge from mp, derps fail & get burned, derps dun learn.
mircea_popescu: of course, all this wasn't exactly exceptional in 2002 or w/e.
mircea_popescu: i thought it was that other derp that got put away for something pedo related
mircea_popescu: any substance to this "Tony "I Like Underage Girls" Gallippi" angle something awful's pushing ?
mircea_popescu: maybe qntra should pay dividends in social media crap.
mircea_popescu: cazalla dude did you people get more reddit comments/votes today than sharesd ?
mircea_popescu: cazalla prolly should get rid of absolute px specification in favour of %s
mircea_popescu: i guess my very heavy "not a whore, not a woman" bias is showing.
mircea_popescu: she does a splendid eleanor of aquitanie and generally dowager roles,
mircea_popescu: kinda so-so, that one. to have and have not, the big sleep, stuff like that rather.
mircea_popescu: hanbot i wonder how many of these milktoothed experts of letters and matters even understands what the sockwashing reference is.
mircea_popescu: "I think the bigger issue is that Bitpay doesn't have a long term business model. Even assuming that Bitcoin adoption grows, transfer of Bitcoin to fiat is a programmable function. People will immediately cut out the middle man if it becomes less expensive, and its a bit of a race to the bottom as people compete in the space for the best rates, quickest conversion and most apis."
mircea_popescu: BitPay will soon be dead. They probably make $1000 per month revenue and burn around $500K.
☟︎ mircea_popescu: Basically they fired the guy who blew $1.5Million and only 5 Transactions (probably sub $10) to show for it.
mircea_popescu: "An as yet unknown1 individual or group has taken up the mantle of DPR and launched the next iteration of the Silk Road marketplace, but this time around it's not accessible via Tor."
mircea_popescu: thestringpuller btw, how does it feel to like hit it with article ?
mircea_popescu: "a well, bitcoin was a great idea, unfortunately it failed. clearly ron paul can't win office"
mircea_popescu: so then ? huge instablocks, miners running into the disaster of textile
mircea_popescu: asciilifeform you understand what the bloom filters thing is supposed to do AFTER that right ?
mircea_popescu: BingoBoingo seems qntra is doing pretty well these days huh
mircea_popescu: so their attempt to fork bitcoin escalated, because before they can in earnest get to that, they have to resolve a namefork
mircea_popescu: so they'd rather it be mpcoin vs "bitcoin". except... if the gavincoin chain fails, this in effect renames bitcoin after me.
mircea_popescu: no really this shit is beautiful. so, libertards that think they're part of bitcoin come up with the idea to fork bitcoin to make it moar libertardcoin. mp says "fu and your gavincoin". now, they do understand that leaving the issue as bitcoin vs gavincoin pretty much settles the propaganda angle.
mircea_popescu: "mp got bitcoin renamed in his honor by not doing things! now that's the true entrepreneurial spirit!"
mircea_popescu: but it's how they're bringing "hope and change" to bitcoin, or w/e it was they were bringing.
mircea_popescu: bvut the recent openss; ecdsa library issue ? it's because they pulled "ecdsa"
mircea_popescu: asciilifeform the original complaint was more of a "we include names, do not know what code they stand for"
mircea_popescu: kinda a resplendent showcase of why one does not really want to be on the side of idiots.
mircea_popescu: i doubt it was ever in history the case that idiots supporting something did so much damage to it by its attempts at supporting it.
mircea_popescu: i think that may actually be required for people with no better source of b complex / colon flora
mircea_popescu: davout ever showed you the alleged "salmon" that was jet black ?