260800+ entries in 0.176s
shinohai: Will
try offline build
today when I get a bit more organized
mod6: yea, my offline build worked great
too.
mod6: jurov: will
there be a monthly
Treasury report coming
through for
The Bitcoin Foundation?
shinohai: o/ mod6
the African build went fine btw
covertress: thank you, mircea_popescu. as you can see, i'm having connectivity problems
today with my hurricane-damaged isp.
mircea_popescu: in other news, check out
the redundancy on
that chick,
three different block As.
jhvh1: mircea_popescu:
The operation succeeded.
mircea_popescu: hard
to properly word a "company not around" clause is
the problem. according
to usg, ibm and cisco are both "still around".
mircea_popescu: not right now ; i'm about
to go
to bed. but prolly
tomorrow ; and besides
there's other people who want
to hire noobs, so ask in chan
vinimore: is
there anything else I can do?
vinimore: it says I'm
the only user hahaha
vinimore: wait... how do I go
to
the chat again?
thestringpuller ponders if mircea_popescu is
the real life Raymond Reddington
mircea_popescu: Framedragger log rendition of jhv includes >; and > in
the url ?
☟︎ trinque: I'm just gonna end every statement I make with "and
there will be sluts"
mircea_popescu: incidentally,
take
that modern science of materials : i want velvety marble. always wanted it.
mircea_popescu: well if it's discussed with slavegirls and a great pink fuzzy harem with soft velvety marbles and foggy complex pools...
then yes@
☟︎ trinque: now because
the real world example of existing payments is used, it
triggers
the immune system.
trinque: there was another
thread where it was discussed
that
the common person would merely operate out of an account held by his lord, and everyone bobbled heads at
that because
the framing felt good.
☟︎ mircea_popescu: ie, whether you fit 0.001% of bloated cc
txn or 0.01% of
trimmed cc
txn,
the smallest
txn you include will still be ~same.
mircea_popescu: you STILL Get about
the same monetary value as
the bottommost
tranche of your dutch auction
mircea_popescu: if you
trim
the
txn
to remove bloat, and
then
take only 0.01%
that still fits in blocks
mircea_popescu: there's a bigger effect at stake : if you
take
the 100mn, and
trim
them
to
the
top 0.001% say,
to fit in blocks, you will get
the bottommost
tranche of
this dutch autction say 1mn dollars (random number)
thestringpuller: trinque:
This doesn't change
the fact
the initiative
trend
towards bloat rather
than efficiency.
trinque: the 10% is still bigger
than a block
trinque: ther eis a whole round of dead shartups on
that idiot idea
mircea_popescu: and i suppose if
the ulterior point here is
that of
those supposed 100mn
txn or w/e, 90% are just
there
to be
there ; it has some legs
to stqand on.
trinque: you are not going
to find orders of magnitude change in removing
that from
the bulk of payments
thestringpuller: the point i'm making is
the payment industry WANTS
to bloat payments.
they prefer 12 payments
to 1 payment
trinque: "I have decided how
the world works and will now run around picking phenomena from it as fits my narrative."
thestringpuller: trinque: from my point of view it's better
to buy 1 year of netflix in cash from a store
than
to have
them charge your debit card 12
times
throughout
the year.
mircea_popescu: trinque if paper counts
then we got a problem because i suspect it makes
txn uncountable.
thestringpuller: okay for instance
the prepaid card exists specifically
to gouge poor people. each
time you use
the
thing, you have undisclosed fees (which was closed when russell simmons got sued over rush card in 2011/2012). loyalty programs exist
to increase
tx volume so people "spend more". every initiative at
the payment processor level is
to create bloat.
trinque: instead of quoting slogans out of
things people said (where
they actually had context with gave
them meaning!!!)
mircea_popescu: asciilifeform nah. it
took a lot of finessing
to geting here!
thestringpuller: trinque: lemme simplify - from my experience
the
throughput of a payment processor is due specifically
to
the devolution of
the use of money.
trinque: doesn't
the paper count in
this context?
trinque: more importantly,
the willingness
to ignore instances in one's own day where he bought a screwdriver or roll of
toilet paper...
trinque: the inability
to hold
to a particular
topic is astonishing
thestringpuller: trinque: sure. but from my experience with payment processors
they only exist because people don't know how
to use money.
mircea_popescu: well looky, consumer payments aren't really financial exchange.
they're you know, cc payments.
trinque: kill half
the earth, you could still have a world where 1mb blocks do not hold all
the financial exchange
trinque: thestringpuller: I was establishing some ways
to measure
the current
throughput of
the world's financial system, not crediting any particular entity with
this
throughput.
trinque: we were
talking about a bot!
mircea_popescu: cuz deedbot keeps its own accounts. no mining.
they're not even reported.
trinque: then in sanity land you come burn me at
the stake
trinque: I might even lose it all and close shop, and
then no gym for you
trinque: and before
that, oh my god, I'm holding your money
trinque: you paid your gym bill in advance for
the month; you get
to come in for
the whole damn month
trinque: how is
the proposed item different
than any other accounting
a111: Logged on 2016-09-10 03:03 mircea_popescu: it's a wonder actually,
that alf's personal antigens of 1.(the usg is in all
things - in his personal flavour of
this) + 2.(if you lick my lunch i will starve
today) don't completely preclude any action whatsoever.
thestringpuller: although most CC
tx's go
through first data i don't
thin
they process
them all
thestringpuller: trinque: from my understanding working
there,
the payments were offloaded based on bank.