286900+ entries in 0.18s

mircea_popescu: people who do shipping know where proper loading docks are. you don't give
them one of
those, you don't
trade.
mircea_popescu: not so :
they'll ask where you want it delivered, you'll give a residential address,
they'll drop
the inquiry.
mircea_popescu: if
the log scatters of discussions of my buys hasn't illuminated
the matter yet lol.
mircea_popescu: so
then what's all
this
to do with what we were discussing.
mircea_popescu: problem is
they might have figured you're not in
the demo.
mircea_popescu: asciilifeform i
thought you were getting merged visits and stuff ?
mircea_popescu: title ? none of
these people ever had or wish
to ever have
title
to anything.
mircea_popescu: i
think
the convo might have spliced. what do you mean ?
mircea_popescu: asciilifeform same place you get
the young whores. hipster part of
town.
a111: Logged on 2016-06-27 18:17 phf: you get a balmore workshop not because it's a conan
thing
to do, but because you're insane and need
to paint astral vaginas whether or not
there's market for it, and you can afford
to pay $90/mo (sometimes late) for your apartment and $100/mo (mostly late) for your studio
a111: Logged on 2016-06-29 05:29 mircea_popescu:
the stupid consist of cents and dimes, sum
to a
thousand dollars if
that.
mircea_popescu:
http://btcbase.org/log/2016-06-29#1492644 << amusingly, judging by
the comment count on
the official announcement of
the latest blunder ("for best results running our fix for
the attack - please don't run it at all!"), even 1k
total seems exaggerated. ethereum is dead as disco, will
take at least 6 months
to re-inflate. prolly more like 18. and i somehow doubt
the "many years spanned by experience in experience" people have
t ☝︎ mircea_popescu: so drone wants
to be ant rather
than bee. whoopee. still drone.
mircea_popescu: eh,
the ones
that start in engineering / actual work roles usually end up "managing" a project/team, not really selected for chen minjness.
mircea_popescu: they're usually central/east asians for a good reason :
the "government is all
things" mentality is not commonly found outside of
that shithole.
there, it's part of
the culture.
mircea_popescu: it's an underclass of capons
the empire is promoting,
the equivalent of
the roman libertus.
mircea_popescu: and
to not forget
the various other usg
tools with a more remote, disavowed involvement : gavin andresen, emin gun sirer, and a whole list of various derps who unilaterally claim involvement : amir chetrit, anthony di iorio, gavin woon, joseph lubin etc,
mircea_popescu: meanwhile, ethereum itself is brought
to you by ming chan, "an mit alumna", vitalik buterin, which you no doubt remember as an obscure bitcoin punk, jeffrey wilcke, bernd lapp ("bern lapp's background and experience in management experience spawns many years"), stefano bertolo, yessin schiegg, willioam mougayar,
thomas greco (omise), and vladislav martynov. see
https://archive.is/Se89j ☟︎ a111: Logged on 2016-06-28 22:19 mircea_popescu: and
to round
the lolz farm, "
The code was open-sourced on March 3rd, so experts had almost
two months
to find vulnerabilities before it was deployed. It was also audited (at an alleged cost of $250k) by
the same firm
that audited geth before
the frontier launch." (you remember, by
the "dejavu" derps,
that proud scion of bitcoin security of bitcoinica days.
https://archive.is/yZ0ke )
mircea_popescu:
http://btcbase.org/log/2016-06-28#1492472 <<
to
truly round up yesterday's derp list, one has
to mention
the dejavu "security"
team (aptly named, seriously, we've seen
this nonsense more
than enough
times before from
the sort of posturing idiots without a wot presence) : akshay aggarwal, "a passionate entrepreneur", adam cecchetti, "ceo", michael eddington, "cto", see
https://archive.is/JqJos ☝︎ a111: Logged on 2016-06-29 09:20 ben_vulpes: i am
torn - on one hand,
this is a marvelously spiffy box. on
the other - what
treasures might lie on
those hdds?!
ben_vulpes: i am
torn - on one hand,
this is a marvelously spiffy box. on
the other - what
treasures might lie on
those hdds?!
☟︎ ben_vulpes: while picking delicately
through
the
trash in
the 2br housing lord only knows how many ops monkeys it came up
that
the machine was in no way deprovisioned.
ben_vulpes went
to procure a server
today (8 cores! 3.33 ghz! 32 gb of ram! probably
the heaviest individual slice of computronium i've ever hefted)
to find
that it was previously operated by a local company of some amount of repute.
adlai: misplacing a key and misremembering a password are
the same class of fuckup
adlai: the
truly stupid suddenly remember last week
to forget
their presale password.
true story (not mine)
mircea_popescu: the stupid consist of cents and dimes, sum
to a
thousand dollars if
that.
☟︎ adlai: but i agree with you in
the sense of "coin moves from stupid pocket
to smart"
adlai: sure. but
this "usg" is still a bunch of smart muppets scamming
the stupid muppets, money is changing hands
adlai: and ethereum is a billion dollar
testnet
adlai: it's what
testnet does whenever it gets
too fucked
adlai: this is
the cheapest fix: reset
the chain
adlai: honestly, why even bother with a fork at
this point. just reset
the
testnet, call it "The Next Frontier"
mircea_popescu: "One cannot imagine Ethereum community doing nothing in response
to an existential hack. Doing nothing would say we lack courage and we let
thieves walk away with
their loot. HF is a must now.
The community is reaching a new consensus."
adlai: exactly
this.
the neuroleptic goat has its place alongside
the
tolerance break and other shirts of assorted hairyness
a111: Logged on 2016-06-29 04:47 adlai: it's worth
taking antipsychotics for
the amazing clarity you get once you stop
taking
them
a111: Logged on 2015-05-15 04:41 mircea_popescu:
there is
that rabi and goats story, but no.
mircea_popescu: myeah. it's a
thing looking just about ready
to deflate worth a
trn or
two.
trinque: yeah, pivoting
towards death, not out of
the way of it
a111: Logged on 2016-06-29 04:18
trinque: or does some consumer products company somehow "pivot"
to surviving a situation where consumers don't have money
mircea_popescu:
http://btcbase.org/log/2016-06-29#1492583 << actually
that happened in
the 90s. all
the jam
tomorrow "web as a business" "venture capital" bs is exactly
that - pivoting
to
try and survive
the situation where consumers don't have money. pretend data is valuable and someone cares, pretend advertising is a business, get people
to "invest" in
this nonsense, it's a
thing.
☝︎ mircea_popescu: well,
that's problematic, in no small part because of
the
traditional villain "ha-ha! it was my plan all along!"
mircea_popescu: and all
this happens without any sort of cheating needed or implied.
mircea_popescu: when people get excited
the "monetary mass" (which is not directly equivalent
to
the pedestrian notion of money) expands. when people flee
to safety, it contracts.
mircea_popescu: suddenly you can appreciate
the macrofinance problems.
mircea_popescu: meanwhile on
the right, each coin piece changes hands once a week. for
trade!
thismeans
the circulation is about 5bn pcs/year
mircea_popescu: now,
the average coin piece in
the left changes hands once a year. for safety.
this means
the circulation (ie, notional market, in
the primitive sense
this works
then) is ~100mn pcs/year.
mircea_popescu: the half
to
the left gets attacked by
the huns ;
the half
to
the right has some derp discover
the indies and goes into
trade mode, florence style.
trinque: if I had 40 billion
turkey dollars and suddenly had
to divest from USD denominated assets and companies
that relied on consumer spending, where would I go?
mircea_popescu: this was
true even in
the old days of gold coins. consider
the case of
two neighbouring countries, each with
the same exact mirror arrangements, same pop count, same 100
tons of gold
total, circulating as 100mn 1gram pieces.
a111: Logged on 2016-06-29 04:16
trinque:
this is nonsense
trinque: this "EU parliament" room is
terrible, looks like a shitty state college lecture hall
adlai: if you're new at
this -
the whole point is
to do
the
trial and error in your head. if
the computer move surprises you, you have
to hit reset and stare at
the setup for another fifteen seconds
adlai: my
true worth, unlike my net worth, is denominated in
TruCoin (tm) (c,) (r) (coming soon
to an altcoin daemon near you!)
trinque: "but my
true worth is denominated in
the love of god!"
trinque: or do, and explain
to asciilifeform what can happen when you over-leverage yourself
trinque: now
try not frying yourself with acid or whatever
adlai: it also helps
that bitcoin has found
the motivation
to do
the dance again,
timed well with my asylum exit
adlai: i'm glad
to have stopped! and have found again
the motivation
to bitcoin
mats: i'm sorry
to hear
that
adlai: it's worth
taking antipsychotics for
the amazing clarity you get once you stop
taking
them
☟︎ trinque: this is
the fucking definition of power
trinque: as
their ability
to wield economic activity in
the world declines,
they grow smaller and less powerful
trinque: or at all, if
the ask is a poorly formed question