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mircea_popescu: "surprised that after the guillotine fiasco, people are still sticking their penis in random bathroom stall holes"
mircea_popescu: kyuupichan> Surprised after the mybitcoin fiasco people are still doing URL wallets <<< this.
mircea_popescu: ascii_at_beach keyboard still has a fixed number of keys :D
mircea_popescu: if someone can make sense of that crap or reduce it to some sort of coherent position i'd be more than happy to ehar.
mircea_popescu: typical forum idiocy, but the guy sprouting it has been "involved" with bitcoin since 2011ish.
mircea_popescu: also: I'm not endorsing ethereum, I just think it's highly interesting, mainly from a technical perspective and for the implications it might have (which I can't yet fully imagine). Unsure who's really behind it, either, and what the larger plan is there..."
mircea_popescu: "sentiment of bitcoiners seems quite negative against ethereum. people fear what they don't understand, I guess. Or maybe it's envy these guys are being swamped with coins. btw: not saying ETH is a good investment, I have strong doubts. Ethereum being successful does not necessaril imply ETH will be valuable.
mircea_popescu: meanwhile the locals collapse back to their pre-civilisation bullshit, with more or less pronounced cargo cults.
mircea_popescu: roughly speaking, "with the nonsensical approach that all people are equal we're discovering that the expense of maintaining a colonial empire exceeds the benefits and so we will pretend that we're leaving out of respect for the locals"
mircea_popescu: by the very definition that is a metropolis-led process.
mircea_popescu: but otherwise, no, i wouldn't say the defeat of the british was any sort of decolonisation.
mircea_popescu: peterl the south was definitely colonised in the mid 1800s
mircea_popescu: seems that in no case has de-colonisation been successful at even matching the colonial performance.
mircea_popescu: seems that in no historical case has colonisation been a net negaitive for the colonised, starting with caesar's germania
mircea_popescu: someone needs to explain all this anticolonialist derpage to me sometime.
mircea_popescu: maybe some dood who figures he will thus therefore "destroy it" ?
mircea_popescu: <nubbins`> analogies: sometimes they don't stretch ;( << and sometimes, they stretch the wife.
mircea_popescu: BingoBoingo you know i can't see that and not think chirac
mircea_popescu: no, but if i come with a tank into your house, i seized the wife
mircea_popescu: if the ira ever got elected to be kings of ireland, it'd still have been "ira seized power in ireland"
mircea_popescu: BingoBoingo re the other item : actually disarming the us police may be a good idea.
mircea_popescu: yeah dude, that's the problem with usians, that they don't internalize their accomplishments
mircea_popescu: BingoBoingo you know what happened to valut people in the intro to fallout 2 ya ?
mircea_popescu: much in the same way cunts are better designs than angels.
mircea_popescu: the library that can burn and doesn't burn is a better design than the library which can not burn
mircea_popescu: think how the history of the world would have looked if the arab invaders of alexandria thought "you knw what ? if we burn the libary tha will make the coran unreadable"
mircea_popescu: well, yes. the thing about bitcoin is that while it speaks clearly, teh various experts have no idea what it says.
mircea_popescu: one of those things people don't realise they can even dream of, like getting home to a party of naked disney princesses ready to suvck you off
mircea_popescu: this is a fucking thing that archeologists and historians don't even know they miss it'd be so great if they had.
mircea_popescu: ascii_at_beach it's more subtle than that : the survival of every document in the set depends on the survival of all the documents in the set.
mircea_popescu: let the matters of who can speak and who can act be separated.
mircea_popescu: ascii_at_beach i'd rather divorce the barrier to entry from the avenue to power than centralise them
mircea_popescu: <ascii_at_beach> imho anything worth keeping a hash of in blockchain is worth stuffing entirely in << by the same logic, any woman that's worth fucking is worth fisting. what, srsly ?!
mircea_popescu: Jason " and append it to a string which is hashed every 512 seconds." << no, old things already included in the block you don't keep around anymore
mircea_popescu: kakobrekla already has code written to do this however, you can probably just steal that.
mircea_popescu: they can not be encrypred, the point is publication. armored clearsigned is fine
mircea_popescu: all the valid deeds received and so included are also published on said website, ordered by teh blocks.
mircea_popescu: once this event happens, the irc bot reports here "5 documents signed, hash included on block #x"
mircea_popescu: 2. all the valid deeds received in a specified interval, say 512 seconds, are appended together, hashed, and the resulting hash is inserted into a bitcoin transaction, which becomes part of the bitcoin blocchain.
mircea_popescu: 1. each is chcked for valid signatures from people in assbot's l2 wot. if these are absent, the thing is discarded.
mircea_popescu: once these are acquired, some processing is done, as follows :
mircea_popescu: the other one of them is through a form on a website, at deeds.bitcoin-assets.com
mircea_popescu: one of them is an irc bot, active here. someone goes !add pastebin/blabla
☟︎ mircea_popescu: the introduction of new deeds in the system can happen at two points :
mircea_popescu: so now, lettuce continue on teh premise jason is with me so far.
mircea_popescu: so, the idea is to maintain a corpus of documents, much like deed registrars work irl. you register a document, it becomes part of a record others can review. permanently.
mircea_popescu: Jason let me go into detail here build you a full model so you understand better.
mircea_popescu: nubbins` you're prolly not using the new key. see faq.