325500+ entries in 0.189s

mircea_popescu: soviet world had it's own free subset ; much like
the 1984 world has its free subset.
the people running
the black market
that orwell does not even wish
to consider.
mircea_popescu: why
the fuck did you imagine
the various items and pillars
to build a coherent world-envelloping system come
to me so easily ? i'm not coming up with fucking wot-economy and pgp-corporations and all
this de novo, i'm just applying
to pre-existing items!
mircea_popescu: without
these
things ~free world accessible
to arbitrary $fortune~ is a dream.
mircea_popescu: which, inasmuch as it's philosophical, doesn't really get
touched by phenomena.
mircea_popescu: best i can see both
these items sit on
the same philosophical foundation.
mircea_popescu: asciilifeform dawg, portofolios get adjusted all
the
time in response
to market conditions, whadda ya want.
mircea_popescu: in general "what
to do" has been a foremost
topic in everyone's head for days now, i would imagine.
mod6: is
there anything in anyones opinion
that
the foundation could do with
trb
to move past
this problem?
mircea_popescu: we at
the very least achieve a very useful head of a mongoloid on a stick for
the education of future retarded children of (principally) asian mothers,
mircea_popescu: so : by breaking
the capital investment of
the current idiots
that had
the unmitigated audacity
to meet and
the breathtaking stupidity
to not only admit it, but bring it like some sort of value in public, like
the mongoloid children proud of his fingerpainting works in his own shit
mircea_popescu: and
the degree of brokedness bitcoin experiences now, post-cartelization (an event which we'd more or less date as occuring either in degrees or at some point between
the high-s fork and march
trhe 3rd)
mircea_popescu: but anyway -
there's a substantial difference between
the degree of brokedness bitcoin experienced between 2010 and about 2013ish, where imbecile independent miners nevertheless gave
their vote blank
to "pool" operators (mcuh like idiot shareholders let
the various brokers
to vote for
them)
assbot: Logged on 25-08-2015 18:53:47; asciilifeform: mircea_popescu: re: workfunctions,
there was once some
theoretical work concerning 'non-outsourceable puzzles', i.e. mathematical magic preventing
the formation of pools by allowing any pool participant
to silently and untraceably claim
the entire block reward. but i cannot recall if
this went anywhere other
than academiwankery.
mircea_popescu: ah,
that post was made in a happier
time, a more innocent
time.
mod6: mircea_popescu: so if your pre-req for change
to btc protocol was adopted, and ASICs were rendered useless, how does one begin
to attack
the problem of mining pools?
Reydev: hey guys is
the current discussion still related
to
the bitbet payout
thing discussed some days ago?
mircea_popescu: no nefariousness need be involved for people
to fuck up grandiosely.
mircea_popescu: "these idiots were given an opportunity, and
they figured running
the rigs as efficiently as possible is everything
that may ever matter."
mircea_popescu: anyway. in my personal scoreboard,
this is chalked down as one of
those grand disasters of stupidity. exactly in line with an older article of yours,
mircea_popescu: nobody in
the us has done a spot of work in about fifty years.
mircea_popescu: it ended, long ago, various 2nd hand leaders a la putin now and again go
to kick
the once-great, currently ridiculous loser.
mircea_popescu: not
that
the philipinos won't be coming out of
the underbrush
to push
the unexpected "just as good" verbiage, or w/e.
mircea_popescu: anyway, i suppose it's absolutely obvious and entirely uncontroversial
that a bitcoin with cartel-mining is entirely uninteresting
to everyone.
mircea_popescu: if it's of interest or not it is
their call
to make neh ?
BingoBoingo thinks MPEx can have important role as market between BlightCoin and Coin during
the
transition.
mircea_popescu: to random microshit investor, bitcoin is
the same as flooz.
mircea_popescu: if gates switches
to euros, what would he say
to microshit shareholders ?
BingoBoingo will nevar be able
to get an address in another currency as beautiful as 1LvCuntsJyFFQsLuJhBXBPokbQa7SAyMr4 again
shinohai: without
trb, Bitcoin is basically useless.
To me anyway.
mircea_popescu: why do you suppose anything has
to be said in particular ? i dun follow.
mod6: so if derps wanna use centralized mining shitware,
they can continue. but i wont, and you wont.
mod6: and
that's not good enough.
mircea_popescu: mod6 because more or less
then, it'll be a case of "well... what does everyone use ?"
mod6: Why is july a
thing?
This doesn't make sense. If prb wants
to fork a centralized mining protocol,
that doesn't make it any less dead.
BingoBoingo: mod6: Well, work on a
trb with a new genesis block could be an interesting skeleton for altcoin. It opens
the door
to flensing far deeper.
mircea_popescu: mod6 your call
to make,
together with ben_vulpes i guess -
the point remains, if no
trb offering in july, no
trb offering in july.
mod6: if
this is all correct,
then i agree with alf.
there is no reason
to continue work on
trb - we should suspend, indefinately, all efforts
therein. At least until somehow we have a re-write
that resolves
these issues.
mircea_popescu: in fact,
the lot of
them getting burned off is at least as valuable as bricking
the idiot chinese miner rigs.
BingoBoingo: And now
TSA plucks arsecoin out or arsecoin wallet with flashlight
mircea_popescu: i'd honestly much prefer
the situation where "evangelism" never happened.
JuliaTourianski_: the
thing alt coiners don't get is...if btc "fails" alt coins lose all cred. wont get any
traction EVEN if perfect
BingoBoingo: mircea_popescu:
This is why /me leans
towards well designed altcoin as solution. Something capable being ada-ified, but perhaps implementable in rougher form.
mircea_popescu: now imagine what other incredibly dumb shit
they imagine is a good idea for crying out loud.
mircea_popescu: BingoBoingo imagine someone somewhere
thinking
this is a good idea.
BingoBoingo: Further ~80-90 percent of hash all got
together and MET!?
BingoBoingo: JuliaTourianski_:
They went against
the don't be shitheads when 51+%
mircea_popescu: JuliaTourianski_ no,
they went against
the consensus. what's core ?
mircea_popescu: hopefully some hicks from missouri capture you and i can hear all about
the ozarks supremacy for a while.
mircea_popescu: asciilifeform btc cartel is a bunch of dudes with some
technical ability and no clue generally.
mircea_popescu: after
the unintentional hardfork over
the imbecillic high-s
thing,
this was perhaps inevitable. what are
they do
to ?
mircea_popescu: and sure, you can blame
the miners.
the problem is -
the design sort-of forced
this endgame upon
them. i doubt most of
the chinese even understand ~what went wrong~, in
the very faint general, letalone in
this specific ~what we did wrong~. by
the chinese bible
they were being very reasonable and i just don't understand how
the world works. ach ach my dear fellow mp.
mircea_popescu: if whatever you're doing is
threatened by a government, you're either very stupid or very lazy.
mircea_popescu: however, if it is going
to be an altcoin, as in, no continuity,
then it doesn't matter so much if
tomorrow or yest or whenever.
mircea_popescu: benefits from all
the marketing bitcoin did for it, without having
to pay (in
the shape of entrenched idiots of all stripes)
mircea_popescu: asciilifeform> (because
there is no satisfactory way of bootstrapping any alt.) << in principle a ~WELL DESIGNED~ alt with a ~WELL CHOSEN~ pow would work quite well.
assbot: Logged on 05-03-2016 20:50:12; BingoBoingo: Like
the hardfork dilemma.