258100+ entries in 0.065s
mircea_popescu: kakobrekla this is a point. all the people derping about "economy" fail to have read that old mpoe-pr article about buffett and textile industry on the forum.
mircea_popescu: the slowly creeping usg-isation of bitcoin has to be nipped in the bud.
mircea_popescu: have trouble understanding your proposal - ordinary users will be easily bamboozled by a government sponsored security update. Further, when the crisis hits, to disagree with the line, to doubt that the regulators are right, and the problem is the evil speculators, becomes political suicide, as it did in America in 2007, sometimes physical suicide, as in Weimar Germany."
mircea_popescu: er, more serious, and more disastrous, as with the most recent one. Each attack is hugely successful, and after the cataclysm that the attack causes the attackers are hailed as saviors of the poor, the oppressed, and the nation generally, and the blame for the the bad consequences is dumped elsewhere, usually on Jews, greedy bankers, speculators, etc, because such attacks are difficult for ordinary people understand. I
mircea_popescu: "The big and easy government attacks on money target a single central money issuer, as with the first of the modern political attacks, the French Assignat of 1792, but in the late nineteenth century political attacks on financial networks began, as for example the Federal reserve act of 1913, the goal always being to wind up the network into a single too big to fail entity, and they have been getting progressively bigg
mircea_popescu: <davout> would transactions still propagated accross fork branches in the event of a hard fork scenario? <>< hard to tell, but mostly yes.
mircea_popescu: "we" are not in charge of things just because pelosi likes to pretend so.
mircea_popescu: <kakobrekla> but on that i think we are still way under limit. << and i think women are overweight, by and large. what do we do ?
mircea_popescu: davout it's a very hard problem this, spying on light.
mircea_popescu: just, it will work out my way. not mtgox's way, not pirate's way, not reddit's way or the forum's way or vessenes' way
mircea_popescu: adlai that bet doesn't measure "successful" was discussed before, and i said "well, yeah, but it's better to err this way, give the bet a chance"
mircea_popescu: where originally the occasional noob might be something people want to help, if there's a lot of them that well will be run dry. which is what happened in 1993.
mircea_popescu: if suddenly there's a lot of noobs here, there'll be an inflaiton of noobs.
mircea_popescu: benjamindees inflation is the increase in the supply. whatever it is.
mircea_popescu: BigBitz optics as the element that goes over the airgap. rather than sound.
mircea_popescu: benjamindees how much of this discussion have you read ?
mircea_popescu: "you can't fuck her unless she agrees" "that seems arbitrary, why her and not me ?"
mircea_popescu: bejesus reddit is practically full of fake accounts with a party line.
mircea_popescu: bitcoin does not do that, specifically, and so yeah, pack it and get lost.
mircea_popescu: but that;'s because you were expecting to defraud the faith others put in bitcoin by inflating it.
mircea_popescu: yeah, get lost. obviously bitcoin HAS NO VALUE TO YOU,
mircea_popescu: "If the community can't hardfork today we could stop using bitcoin now and look for the better suited alt coin. If bitcoin can't fork-update it has no value."
mircea_popescu: it's an attempt of unrelated third parties to run away with bitcoin.
mircea_popescu: a hard fork that's not been ok'd by the bitcoin foundation (the real one, not vessenes' scam) is automatically an issue fort the obvious reason :
mircea_popescu: gavin does NOT have the authority to create a hard fork.
mircea_popescu: "I agree a big discussion is necessary before changes are made, but we shouldn't act like a hard fork is somehow inherently an issue."
mircea_popescu: i was thinking more along the lines of a publicly accessible splitter service
mircea_popescu: there never was a hard fork before. the march event was an observed fork which was resolved by abandoning the new chain.
mircea_popescu: thestringpuller if you mean todd's comment, he is correct.
mircea_popescu: maybe because a pimp's essentially an actor playing the cuckold role, i dunno.
mircea_popescu: there's something about that market that always selects for ineptitude
mircea_popescu: heh. airbnb is good, and the cab thing is good, but this is bad. the difference ?
mircea_popescu: Confirmed total: 21122 BTC sheeit it crossed 20kdidn't evne notice.
mircea_popescu: and as to the question of "how was gavin turned", the answer is obvious : cultural immersion. he happens to be part of the problem, much like if you put ximenez in charge of the supreme court you'll get burnings at the stake out of the legal process irrespective what the laws say.
mircea_popescu: this directly dovetails into the "going around naked holding just the handles of missing suitcases, telling each other stories about wonderous wardrobes" point discussed earlier.
mircea_popescu: that should tomorrow tide agree to rebrand its detergent as "bitcoin", then it will be okay if there's n omore bitcoin. because bitcoin has no identity but is merely a name, and since the empty name is "more widely used" the project is nominally "more successful"
mircea_popescu: the way "embrace, extend and extinguish" is dressed up in foundation/power ranger internal communication is, "to maximize bitcoin the ideal approach is to not define bitcoin any particular way". this neatly matches their refusal to specify the protocol, and its direct implication is
mircea_popescu: danielpbarron "This whole hard fork drama is part of the bigger brain-damaged notion that Bitcoin isn't about money." << you actuyally have an excellent point here.
mircea_popescu: danielpbarron almost as worse ? wtf is wrong with these college grads!
mircea_popescu: people with no money expressing views asa to how money works. because clearly... they;'d know.
mircea_popescu: "Good permission-less distribution of coins is not possible without some inflation, that's exactly what's happening. Only private and semi-private systems have all shares distributed to stakeholders in one go, money don't work that way, sorry."
mircea_popescu: "i have to tell you miss lopez, you seem to have caught the egyptian flu."
mircea_popescu: thestringpuller i wonder if there's many whores working out of their car in sf.
mircea_popescu: i thought it was all tshirts and how do you call those african footwear things ?
mircea_popescu: a good idea that makes no money is a bit like a norwegian blue that's pining for the fjords. beautiful plumage...
mircea_popescu: (accurately, of course, means nothing objective. accurately in this context strictly means "so nobody gets a full A half the time". because you're looking for flaws, not to prop self esteem.)
mircea_popescu: at which point, suddenly, yes. "who could have predicted".
mircea_popescu: don't do that, all 30 kids are undistinguishable. up until, of course, they run against feynman's nature, that which can't be fooled.
mircea_popescu: out of 30 kids, 27 will fucking riot, 3 will buckle down and do fucking homework. that they don't strictly have to do.
mircea_popescu: experiment can be carried out in absolutely any class. start marking the papers accurately.
mircea_popescu: reddit has to shadowban users because spam. bitcoin-assets does not. because wot works and "Feedback" doesn't ? awww, who knew.
mircea_popescu: clemens, centuries ago. "i don't care what people say that i don't know". duh.
mircea_popescu: ot, and even if I do not know the name of the angel, or his nationality either."
mircea_popescu: "Some people have to have a world of evidence before they can come anywhere in the neighborhood of believing anything; but for me, when a man tells me that he has "seen the engravings which are upon the plates," and not only that, but an angel was there at the time, and saw him see them, and probably took his receipt for it, I am very far on the road to conviction, no matter whether I ever heard of that man before or n
mircea_popescu: "so they want signal and feedback that's ok, we'll add some buttons and call them feedback" herp.
mircea_popescu: "but people have a voice". orly ? turns out people don't want a voice, especially not in a fucking void. they really want signal and feedback more than they want voice.
mircea_popescu: obviously that means it's not better, because that's how it gets to be cheaper.
mircea_popescu: this is why it's cheaper to "publish" if you're twitter than if you're the [classical] new york times, and why the current nyt is twitter in another color scheme.