asciilifeform: hell, no fancy encodings needed, just stuff normal algebraic notation in
asciilifeform: (someone is driving the payouts, but you can trivially verify, having only the blockchain, that he never did anything other than the Right Thing)
asciilifeform: you could play this right now, sans voodoo, and it would look quite like the 'provably fair' dice widgets
asciilifeform: sure, for a low stake game, the moves are the pot.
asciilifeform: '...the first woodpecker would destroy civilization' - but he can't be arsed.
asciilifeform: any one of you folks who wants to actually give this a go, scroll up the log to find the n-sat solver... haha
asciilifeform: this is predicated on the assumption of brute force, though.
asciilifeform: recommended reading: the different ways in which self-proclaimed alchemists were treated in various times and places.
asciilifeform: the common factor between btc and gold, etc. is (no surprise to anyone, i hope) - behaviour as a closed (i.e. conserved) system, and easily verified as such
asciilifeform: we can talk about 'storing energy' and come to rational conclusions about physically-real things (e.g. organisms.) and then we can talk about storing 'value', and end up with pseudo-scientific strange...
asciilifeform: and whether the phrase 'store of value' even makes sense here.
asciilifeform: trying to think of items which act as store of value in some useful sense without really being spendable
asciilifeform: in the sense of the ultimate 'trading sardine'
asciilifeform: one can picture a degenerate case - e.g. hydrogen bomb
asciilifeform: idea being, gold was never purely a long-term store
asciilifeform: to go back to the 'peasant never saw a gold coin' scenario. a peasant, correct. how about a shipyard?
asciilifeform: is there a scenario with 'paper & pencil btc' that does not reduce to simply 'Hawala' ?
asciilifeform: time to digest a meal: ~6 hours. does that mean that one should be able to go without meal for ~72 yrs?
asciilifeform: the answer here, i suspect, depends on whether you like the taste of bullocks.
asciilifeform: what does cocaine cost. or, for that matter, aluminum.
asciilifeform: perhaps if the public exchanges perish, people will be cured of the habit of treating 'btc price in X' as a scalar.
asciilifeform: (for anyone unfamiliar with 'djvu', it's an old but irreplaceable format specifically for warez scans. wavelet-compressed images. no turing-complete vector rendering as in pdf.)
