265000+ entries in 1.789s
greenspan_fan: I already have
a tagline: the world's newest profession
greenspan_fan: I worked at one point for
a place that was getting into social media, but once you're out of that sort of giddy milieu it just doesn't seem like it's much of
a priority
greenspan_fan: I think you underestimate how easy
a content aggregator is to run
BingoBoingo:
A half
a Bitcoin is pretty sweet. The equivalent in shitbucks not so much.
mircea_popescu: half
a bitcoin
a month on average. how's that for
a bonus.
mircea_popescu: all this derpage re @wesuck or whatever that thing's called reads to me
a lot like "o hey we here at dead-fiat-ventures wish to make
a last stand against this evil bitcoin empire"
ozbot: Is George Osborne's Cat Freya
A Chinese Spy?
BingoBoingo: Well the sufficiently paranoid could assume
a bug was sewn into the cat.
moiety: i thought it was hilarious when they accused the downing street cat of being
a spy
moiety: was not disappointed! lol wiki has
a pic of the rabbit "swimming away from the President" ffs lol
benkay: is there
a bitbet on capitulation?
benkay: thereby guaranteeing
a rapid dissolution of fractional reserve?
moiety: yay
a new way i could lose?
greenspan_fan: "if you want
a picture of the future, it's us collecting
a 3% transaction fee... forever"
greenspan_fan: it's
a question of economics-- is subverting
a cryptocurrency worth more to you than profiting from it?
mircea_popescu: then someone emulates quantum computers in
a zx80 emulator emularted within
a gpu card and bam
BingoBoingo: Depends on who finds the shortcut. If someone manages to math in
a way that
a GPU hashes like an army of buttfuries, they may just quietly collect coins. coins.
greenspan_fan: the things I'm thinking of are either flaws in the protocol, flaws in the software, concerted regulation or an attack via
a sufficiently powerful adversary
greenspan_fan: the uncertainty comes from the second part, because it's
a new protocol and it's difficult to predict what might impact your ability to exchange it
chetty: storing value is actually
a bet isn't it? That there will be
a future to use it in.
mircea_popescu: <asciilifeform> idea being, gold was never purely
a long-term store <<< this will need fleshing out.
mircea_popescu: threowing
a virgin that way once or twice is sensible.
mircea_popescu: greenspan_fan this seems to me
a completely unwarranted generalisation that actrually breaks logic.
benkay: it's arguably only contextual in
a world in which nobody can really ant their hard work away.
benkay: more like "o now i have credit for
a billion pizzas at this local bitcoin brokerage"
benkay: i expect
a new whore at the door
mircea_popescu: asciilifeform> time to digest
a meal: ~6 hours. does that mean that one should be able to go without meal for ~72 yrs << yes, if they were
a payment processor.
greenspan_fan: Well, given the above, I expect that btc is just
a placeholder for something that will have numerous quantitative technical improvements.
mircea_popescu: course this is more of
a case of hawala reduces to bitcoin
mircea_popescu: asciilifeform if one takes
a conceptual hawala rather than any particular historical implementation, no.
benkay: i'm going back to figuring out how to represent
a 32-bit int in ragel on java.
mircea_popescu: built-in ccp delay on
a payment, ~1 second. built in btc delay on
a payment, ~10 minutes.
greenspan_fan: OK, so the contention is that things that are faster to process (such as cash or credit) are expected to allow for retail level/immediate transaction, while btc is more of
a long term store of value, right?
greenspan_fan: mircea_popescu as you say, not
a problem for reasonably wealthy individuals, but it means that if you don't already have
a lot of fiat currency, you can't rely on bitcoin
Duffer1: that assumes
a patch hasn't already been made
greenspan_fan: well yeah, but there comes
a point when subverting btc is the most profitable use of
a breakthrough, hence the first thing it'd be used for
greenspan_fan: well look at transaction malleability; doesn't seem like
a huge problem, but it hasn't been fixed yet
mircea_popescu: if your crack is not known, then maybe for
a while you can benefit from it.
greenspan_fan: if you're able to break SHA-256 you'd end up w/
a majority of the hashing power if you were smart
greenspan_fan: there's
a few things like mathematical breakthroughs re: hash functions or serious bugs in the client that could tank the price
benkay: "how much does
a bitcoin cost?"
greenspan_fan: anyone seriously concerned about
a price collapse if it turns out most exchanges were as incompetent as mt gox?
ozbot: Watching
a mouse's brain think about running with GCaMP3 - YouTube
moiety:
A Japanese-American Team created green-fluorescent cats as proof of concept to use them potentially as model organisms for diseases, particularly HIV.[42] I volunteer to look after them
Bugpowder: Then
a friend made
a pallete of different color bacteria and painted the plate with
a dilute solution of them. Waited 48 hours and that was the impressive result
Bugpowder: but
a few work... Just need to find them.. by flipping 2-3 letters at
a time
Bugpowder: Most mutations kill the fluorescence (they don't match literate word, as
a metaphor)
Bugpowder: Here is
a painting of various color fluoresncet bacteria on
a plate... created by this game...
Bugpowder: and you can put them under
a fluorescent light to see if you
A) fucked the protein up or B) changed its color slightly. Take your best hits, sequence the gene to see what you've got, then repeat the process.
Bugpowder: then you mix the genes into
a bunch of bacteria, and dilute the solution really far down, then spread it over many agar plates
Bugpowder: So you do
a PCR reaction (make billions of copies of the DNA), but use primers that have these selective random patches at the points in the sequence you want to sample the variation space in
Bugpowder: you suspect that
a few amino acids near the core chromophore will influence the color
Bugpowder: Say you want to evolve
a fluorescent protein to glow
a different color
Bugpowder: OR you can specify
a blend of two, three or all four randomly assorted at that position
Bugpowder: mircea_popescu: I played that game quite
a bit in grad school.
mike_c: hah, yeah, i read that. but that is
a minor consideration against the order of magnitude changes when it goes up.
benkay: mike_c: the basic gist is that you can't spend it when btc price is going up 'cause derp, but then when you don't spend it in time you get
a reaming from investors.
mike_c: benkay: recently? don't think so. i've been around for
a couple discussions on the topic.
benkay: mike_c: did you see mircea_popescu's point
a few days ago about the flipside of "you can raise it but you can't spend it"?
benkay: and i think it's
a blocking call.
benkay: that'd make you
a better dev than most webbers.
mike_c: you don't have to clear cache. i version my static files like
a good webdev.
benkay: yeah it may be
a browser thing
mircea_popescu: "
A number of government lawyers involved in lawsuits over the NSA phone-records program believe federal-court rules on preserving evidence related to lawsuits require the agency to stop routinely destroying older phone records"
benkay: not that good of
a joke
bloctoc: if you look at 24 hour chart, there seems to be
a willingness to buy at 261
moiety: lol i had
a parrot that meowed and did the phone
jayk: i really hate commercials that have
a doorbell
mircea_popescu: the argument isn't "o wow look btc is broken", the argument merely is "o hey, remember when gavin was
a total asshat in 2012 ?"
moiety: let's define public. do you mean in view or just in
a public place?