316900+ entries in 0.089s
mircea_popescu: decimation: waiting around and doing nothing while you hope a magic "process" or "committee" or "standarization" will do your job constitutes at least 50% of western officeworker employment << the best part is that this used to actually work, a century or so ago.
mircea_popescu: i feel so left out. who's sandokan ? other than some bollywood action star from the 80s
mircea_popescu: ers obviate the need for trust in the money changers, but humans are still trust-seeking and Bitcoin is still money and money is still trust. In a post-Bitcoin world, trust will become more important than ever."
mircea_popescu: "The problem here is not the diagnosis, which I share, nor the proposed solutions, which are proper and potent to repel the growing democratic sickness that chokes human creation. Bitcoin provides us a critical escape from forced trust in unaccountable monopolies. However, trust in transactions, per se, should not be the object of ire and in fact cannot be if we want to participate in beneficial ways. Distributed ledg
mircea_popescu: <Mats_cd03> and how is it becoming less resilient << no comms network is as resilient as the internet
mircea_popescu: (trivial to tap too. if you think gsm cypher is bad, try headset-and-hairpins)
mircea_popescu: asciilifeform thye're not so considered in europe but idem gohing extinct
mircea_popescu: basically, technology has already made the state impossible, just at the time bitcoin showed up but mostly unrelated to it.
mircea_popescu: moreover, they have very little option in the matter, as their safety strictly depends on this sort of secrecy.
mircea_popescu: now any terrorist and any tax evader has good title to refuse any sort of information sharing, much like the prosecutor's own men do.
mircea_popescu: on one hand, the legal principle that dorks a la mari reid & her crew may be kept secret will logically extend to defendants, too.
mircea_popescu: <asciilifeform> this is also the answer for why 'heartbleed' was necessary, considering that usg has at-will access to root certs << not that simple.
mircea_popescu: <asciilifeform> imagine a manufacturer of, say, ups, or tv, whatnot, posting an update like this. << this is a 2012 comment.
mircea_popescu: in spite of all the pretense as to "exchanges" and tips and whatnot, it'd seem 99%+ of all doges are actually held by the admin group
mircea_popescu: <kakobrekla> and dropping << nah was -80% a coupla days ago
mircea_popescu: <jurov> on that note, can't be some mpif put into idiff MMing? << too risky
mircea_popescu: jurov i think he's done plenty of math. it goes like this : "im too old to get it up anymore. will be dead soon anyway. who the fuck cares."
mircea_popescu: the us (and eu) are being crushed atm because they're paying the 37, whereas russia, saudi arabia etc are pocketing the 10
mircea_popescu: the idea that stuff costing 50 will be able to compete with stuff costing 3 once the govt is out of the picture is nutty
mircea_popescu: whereas pork costs 3 to produce, and every kilo sold is a 10 gain to the government.
mircea_popescu: except, the beef costs 48 to produce, and every kilo sold is a 37 loss to the government
mircea_popescu: so currently, the situation is that in the marketplace, a kilo of beef costs 11 and a kilo of pork costs 13
mircea_popescu: govt won't be able to keep picking up any of the tab in the future,
mircea_popescu: the only reason "renewables" seem economical atm is because govt picks up 80% of the tab.
mircea_popescu: <assbot> Warren Buffett's $30 Billion Wager on Clean Energy Is One of His Safest Bets Yet | Motherboard << it's very safe.
mircea_popescu: does it keep a journal for the hdd or dispensed with that too ?
mircea_popescu: which increases the vulnerability of their "security" tremendously
mircea_popescu: "Now you can have visibility into all the encrypted SSL traffic on your network—at extremely high performance—so you can inspect it, identify potentially nefarious activities, and feed the intelligence to an ecosystem of security application vendors—all through Blue Coat."