263600+ entries in 0.177s
Bugpowder: heheheh don’t
they come with
the boat?
mircea_popescu: "This faucet has A LOT of options. Since I don’t have
time
to write
them all down I created a video explaining everything you need
to know about
the faucet" <<
this somehow made sense,
to someone.
Bugpowder: well, let me know when
the next interesting opportunity arises.
Bugpowder: So are you just chilling in Argentina on
the spoils now… or do you have some new business/profit schemes?
Bugpowder: It does worry me, but I put
that into
the known unknowns category of risks. And pricing risk adjusted EV, still makes sense for me
to hold a signifcant crypto fraction in XMR as printer of new bitcoin. It’s harder
these days
to print BTC without MPOE-bot.
mircea_popescu: ltogether)
to detrimentally rely on a property
that is
temporary when he needs it
to be permanent.
mircea_popescu: anyway,
the allegation is
that
the "privacy" offered is very heavily
time bound ;
that it naturally dissipates over
time ; and
that after a sufficient interval - say a year - one can rely on any and all
transaction being no longer at all private.
this means
that
the monero ring signature is in fact an anti-feature : it makes
the superficial user (who either foolishly doesn't invest
the
time ; or otherwise lacks
the capacity a
Bugpowder: As for
the controlling issue, coopting of
the project is certainly a major risk moving forward, but I do
think you have
too much confidence in
the sophistication and coordinatino of usgov.
Bugpowder: I haven’t invested enough
time
to understand and
technically defend it. But I know people who are
true professional on
the subject (pre-Bitcoin “professionalization”) and will solicit
their expertise on
the current state and on RingCT.
mircea_popescu: but if you understand
this ring signature
thing past
the buzzword level, feel free
to introduce it rigurously and prove
that claim.
☟︎ mircea_popescu: it's altogether unclear it fixes anything ;
the controlling discussion re
that is alf's smoke grenade.
☟︎ Bugpowder: In
turn, Monero has potential
to fix a weak point in DNM function, which potentially provides significant value. Now, whether
the
tech geniuses
that order on DNMs or vendors have
the savvy
to implement properly and with enough volume
to make economic sense is another matter.
mircea_popescu: in principle
this can be said about anything just as well ; whether
that anything exists or doesn't.
Bugpowder: DNMs provide a service
to clients, make money for vendors and
the host.
The risks are assymetric
to
the reward, but so is swallowing 50 condoms of blow and flying into
the US. Plenty of people’s life circumstances make
the reward calculus more appealing
than you or I might find.
mircea_popescu: in
the absence of economic drivers,
there will either be a political driver or no movement. which leaves us with
the simple explanation. i don't gotta prove
that every single individual woman
thought of dick up her ass every
time she spent
too much money on cosmetics.
mircea_popescu: of course not. except if
they grow big. because what are you going
to do,
the model doesn't work.
mircea_popescu: Bugpowder sure, and
there are so many bitcoin faucets, no way
they're all
trojan downloaders.
Bugpowder: Right,
The Playpen operation. But
there are so many DNMs, no way
they are all honeypots. Now, some may be usgov inflitrated,
tor may be usgov compromised, but I don’t
think DNMs are driven by usgov.
☟︎ mircea_popescu: but whatever, i'm sure
the derps involved
think
themselves finger-tenting lever clever for it.
Bugpowder: I
think its privacy features address some serious potential issues
that Bitcoin has with fungability and anon unmasking
thorough chain analysis.
shinohai: Why would you use ETH in a darknet market? Just huff
the shit and call it a day.
mircea_popescu: you are aware
that "dnm"s are entirely a puppet show by now, yes ?
Bugpowder: doge and ether never got
traction in DNMs.
mircea_popescu: though it'd seem
they've learned
their etherape lesson and are much more conservative on
the fiat side. prolly will be more like doge
than ethereum. anyway.
mircea_popescu: Bugpowder seems it has some chance
to become
the next usg-sponsored wanna-be bitcoin
thingee.
that's usually good for a ride, fed still has a lot of printolade
to spread around.
Bugpowder: so price is not supported by fundamental use levels now. BUT, you know how price works in
this space. Every alt is a
tech stock valued on hype and growth potential. And hype is pretty high right now.
shinohai: Nothing stands out
to me as special about, has blockchain bloat, I'd rather use Bitcoin
to buy drugs.
Bugpowder: and if every
transaction from supporting vendors was paid with XMR, still only looking at $20,000 / day.
Bugpowder: Although if you look on
the sites, only 10% of vendors accept it.
Bugpowder: Alphabay and Oasis annouced support and
the price went nuts
mod6: ah, i saw something about
that. it said: DRUG DEALERS LOVE
THIS!
Bugpowder: a cryptonote fork
that provides user selectable
transaction privacy, from public (like bitcoin)
to fully private (only sender and recipient know) using ring encryption.
☟︎ mod6: uh. i doubt it. can't speak for other
tho.
Bugpowder: Is
trilema consensus
that monero has some potential value in its feature set?
Bugpowder: its been a good week. why not qntra article on how monero is not
the one
true bitcoin yet?
pete_dushenski: at least ~one~ of
the foundation chairs is pulling
their weight :P
a111: Logged on 2016-09-01 20:36 mircea_popescu: "The sports casters are blaming back
to school shopping, as if kids never before got outfitted for school at
the and of August." << ahahaha. mno. as if anyone in
the us has any money
to spend.
that's
the big fucking point. usg.agitprop is
talking about some wholly hallucinated shoping,
that in
their feverish imagination is so outsized as
to keep people away from baseball even ?
pete_dushenski: "“If you like comfort, and
that’s what drives you, you’ll never do
this,” he
told me,
taking a sip of
the ice-cold vodka. “But sometimes you get really surprised. Once you have a commitment
to something, all
these
things
that you
thought were normal in your day-to-day life become unnecessary luxuries.”" << amen. spoken like a
true
terrorist.
pete_dushenski: "Two months before Obama arrived,
the government presided over what was widely considered a sham election, in which
the ruling party won all 547 seats in Parliament, But Obama, making it clear
that security
trumped other concerns in
the Horn of Africa, stood beside Meles’s successor, Prime Minister Hailemariam Desalegn, and described
the government as being “democratically elected.”
pete_dushenski: "Nega insists
that Ethiopia has “cooked
the books,” and
that its growth rate is largely attributable
to huge infrastructure projects and Western development aid, with little contribution from
the private sector." << all
to protect reputation of bahamas homeland
pete_dushenski: somehow prof berhanu nega wasn't stopped at departure lounge for going
to fight with 'isis or similar flavour of yogurt'. must be plumbook
terrorist.
pete_dushenski: "Once a Bucknell Professor, Now
the Commander of an Ethiopian Rebel Army"
a111: Logged on 2016-08-31 19:55 BingoBoingo: pete_dushenski: Just shop for lumber and stone slabs.
Teach
the
tot carpentry.
pete_dushenski: there's a lotta "if
trump were elected i just wouldn't even know what
to say or do" going around
a111: Logged on 2016-09-01 14:14 mircea_popescu: so i watched a southpark episode last night, it was one about how all
the canadians moved
to
the us because
they had elected a
trump and canada was
turned into a
total detroit by his idiocy BECAUSE
THEY WEREN'T PAYING ATTENTION, and it made me
think of
http://log.mkj.lt/trilema/20160831/from:98/to:98#98 a111: Logged on 2016-09-02 04:08 boolcrap: what kind of man shaves
their balls
mircea_popescu: "i wash sword in blood of enemies and dick in ass of
their wives. what need has
true man for water ?"
mircea_popescu: how
this came
to pass is anyone's guess, but
the arabs had a reputation for engineeringly inept.
mircea_popescu: who knows. fact is romania had it made in
the shade, exporting skilled workers + machined parts in exchange for straight out concessions. had its own oil field which it sucked with its own rigs, oil moved on its own boats
to its own refineries
mircea_popescu: aha. hey, i'm a man of simple
tastes. 120
tdw boat , dirigible... i always content myself with
the very inaccessible.
mircea_popescu: before not caring about random fashion, one needn't even know it exists.
there are really NO prerequisites
to simply not including bad code, caring abotu stupid social conventions etc.
mircea_popescu: maybe, vaguely, we might resurect something later
that people who are really emotionalyl invested in
their youth not having been wasted will misinterpret as "we
took it from google".
mircea_popescu: this is universally
true. a lot of "work" was "put" into myspace. so ? nobody cares, nobody uses it. same is
true of google, or of facebook.
mircea_popescu: they
think
they're important, fine. every
teenager
thinks himself important, and relevant
to
the world.
the
truth is none of
them are either.
mircea_popescu: that's not it. just ... look, all
this "work"
that
the prb derps
think
they're doing. it has no future. it isn't getting imported into bitcoin.
mircea_popescu: not really. i already cleanned it up ; exactly in
the way
the spunk left behind by
the
teens is cleanned.
mircea_popescu: all
the boys are out in
the forest jacking off, and all
the girls are being mean
to each other in circles of n-1
mircea_popescu: not even vaguely.
the activity resembles final middle school camp.
mircea_popescu: but
the bullshit koch does ; or blizzard does ; or app development or etc ain't it
mircea_popescu: asciilifeform
this isn't
to say
that
there can't exist a market ; or
that one can't write useful code.
diana_coman: <mircea_popescu> it's entirely a social-media
thing. boys "program" exactly like
the girls "are popular" <- only
today I read in
that sad ACM magazine
that *used*
to be a
thing about
the great discovery of "helping" children finally learn programming by...making it social!
mircea_popescu: the govt distributes largesse for
this and for
that, so
the mouthbreathers can keep going.