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mircea_popescu: asciilifeform: funny how BlueMeanie4 reads so much like ninjaspamgun << i dun see it.
mircea_popescu: it's perfectl;y transliterable tho, which means the font is just a mask.
mircea_popescu: TheNewDeal: russian would be a good language to learn. Some of the best authors wrote in russian << it's actually not nearly as hard as it seems.
mircea_popescu: ben_vulpes: not that those are umbers that really matter < yeah srsly, i wouldn't put much stock in that counter.
mircea_popescu: BingoBoingo: keeps this feasible << and by feasible you mean plausible ?
mircea_popescu: TheNewDeal: obummer ran on the pretense of "Change" << yeah but change that way not this way.
mircea_popescu: asciilifeform: ben_vulpes: read log ? << lol what you seriously negged the guy ?
mircea_popescu: ben_vulpes: did he ever get it? << yeah yeah. it's not THAT intuitive a system
mircea_popescu: dsherm: i hang out on reddit but it has moved away from libertarian roots << reddit ? libertarian roots ?! when did this happen.
mircea_popescu: decimation: perhaps assbot should only 'validate' those who have more positive than negative ratings << but it already does this.
mircea_popescu: you know, the schneier of "this is an interesting article on gpg by Random Asshat Greene, Cryptozoologist"
mircea_popescu: decimation: asciilifeform: which is why elliptic key systems still have doubt cast upon them (plus the patent issues) << plus the fact schneier is pushing them
mircea_popescu: what you got going there in teh socialist states of the americaz however is not.
mircea_popescu: hard money however does not. it will convince you right into the ground.
mircea_popescu: see, the nude emperor system does depend on everyone staying convinced.
mircea_popescu: "you got exotic priors" "they're widely accepted on my island" "so ?" "so you're a cult" "what's your island again ?" "Easter island."
mircea_popescu: BlueMeanie4 if your system worked we wouldn't be here.
mircea_popescu: seems to be existing just fine, but yeah, that's a point that can wait. might as well revisit it after it's inevitable and you know, cut in stone.
mircea_popescu: well what do you expect. come here with exotic priors, expect everyone to accept them or else you gotta go watch cat pictures ?!
mircea_popescu: the point of bitcoin is to make equality impossible and life miserable for the majority.
mircea_popescu: <BlueMeanie4> gold backing has historically reversed wealth equality << of fucking course. what gave you the ridiculous notion that we're about equality ?
mircea_popescu: <BlueMeanie4> this gold back currency people are most ppl with no real economics background who believe they have some 'fix' to our economic problems << you know you're repating this like it's the hail mary of your faith.
mircea_popescu: <BlueMeanie4> wow that is- AT BEST- a radical view of economics, but more accurately just cluelessness << no, it's a radical view alright.
mircea_popescu: tally sticks are an implementation of a bookkeeping system, not coins in any sense.
mircea_popescu: <BlueMeanie4> they are not places you would want to live << amusingly, the state says this of anarchy all the time. yet i've lived in anarchy and much prefer it to any kind of currently available state.
mircea_popescu: this is what the average tardstalk forum scammer says, too.
mircea_popescu: <BlueMeanie4> Mircea - because so far no one has produced any sort of cogent response to my point << you would think that in either case.
mircea_popescu: BlueMeanie4 how do you know it's not your understanding of how money works that's the problem ?
mircea_popescu: sure, for as longas there's money to be made, why not.
mircea_popescu: asciilifeform the first hour with the whore suggests one's "pickup skills" aren't entirely unsuccessful either.
mircea_popescu: asciilifeform it's just thatr i can't locate any data showign they are succesfull to any degree. but anyway.
mircea_popescu: anyway, so fucking ludicrous to see the stone soup argument repackaged by people who five minutes earlier complained of ignoramus land.
mircea_popescu: asciilifeform "so where do you have it from" "fuck you" is what america is all about.
mircea_popescu: bats_cd03 you got this whole soviet "illegal rich" thing going already ?
mircea_popescu: i guess he doesn't wanna addres it, but let's take a stab anyway. BlueMeanie4 suppose two people wanted to fuck, and both liked to fuck. in scenario A, they fuck. in scenario B, they exchange obligations to fuck, then fuck.
mircea_popescu: BingoBoingo doth not scale outside the dunbar number w/o a wot.
mircea_popescu: BlueMeanie4 okay, how would the proof that what i say is actually correct and your view mistaken look to you ?
mircea_popescu: BlueMeanie4 no, but it's not a fair representation of what happened.
mircea_popescu: this notion that everyone's entitled to sexual release gotta go.
mircea_popescu: decimation no, they're saying that the betas should be better betas already. i agree with the sentiment.
mircea_popescu: hey. it seems it'll take a while until this problem will be operationalized enough to be acceptable.
mircea_popescu: now, a little empoverishing itself for the sake of stroking its impatience may be okay
mircea_popescu: looky : the mortgages make society poorer not wealthier.
mircea_popescu: you don't create new wealth by creating new obligations or else a law that'd enact the obligation of pigs to fly would make us all rich.
mircea_popescu: BlueMeanie4 he's inquiring if you're trying to create or redistribute value.
mircea_popescu: since then, the marketshare of all exchanges together dropped monotonously.
mircea_popescu: BlueMeanie4 you know, three years ago half of all btc trade happened on otc. 90% ish of the rest was on mtgox.
mircea_popescu: i am blazing new ground here with the very public display of contracts, as for instance seen earlier
mircea_popescu: BlueMeanie4 it's an otc market. you don't get to know anything the participants don't choose to share.
mircea_popescu: you don't want highly liquid markets. you want robust markets.
mircea_popescu: it's so fuckng biased we have a wot to deal with the bias hierarchy
mircea_popescu: what's the five miliseconds earliness bought the early bird ?
mircea_popescu: so fifty people want to accept the same contract, and mp says yes and the cp picks mp because hey, he'd rather have mp's cp risk.
mircea_popescu: well yes great but this effect dwarves your problem by degrees of magnitude.
mircea_popescu: and rightfully so. because to the trustworthy goes the business.
mircea_popescu: looky here : because wot users are identified, and their reputation forms a market hierarchy
mircea_popescu: BlueMeanie4 no, and what's worse i don't see a way to translate your formulation of what's a problem in fiat marketplaces into ap roblem here.
mircea_popescu: BlueMeanie4 how would such a party have such an ability ?
mircea_popescu: BlueMeanie4 you'll have to at least build a theoretical model showing how this attack'd work. kinda how it's done.
mircea_popescu: asciilifeform no kindergarten i ever heard of shows lamport's clock
mircea_popescu: you'll have to sit down and confront the twinheaded fact that a) before you can improve on something you have to gain good familiariy with it and b) that the temptation to just make as a cheap substitute for understanding is sinful.
mircea_popescu: <BlueMeanie4> this is also a problem with Bitcoin, and thats why Counterparty cant be used for anything serious << this high speed thing is an unresolved problem in many ways.