338500+ entries in 0.079s
mircea_popescu: the problem with paper money run by a government is exactly the same as the problem with a bitcoin run by government.
mircea_popescu: he's in his 20s. thermos too. most of them are too young for this shit rly.
mircea_popescu: "According to a March 28th filing in Manhattan federal court, Assistant U.S. Attorney Serrin Turner has asked for the 24-year-old Shrem’s case to be postponed until April 28th."
mircea_popescu: "Charlie Shrem, known for his alleged involvement in the Silk Road scandal, is in talks with US prosecutors for a plea bargain."
mircea_popescu: asciilifeform people have peculiar interactions with the voices in their heads. it leads to fascinating conclusions.
mircea_popescu: antephialtic well your friend won't irc and i'm not about to argue with anyone on twitter, so i guess that's that.
mircea_popescu: what i dislike is a bunch of fucktards going around with money that isn't theirs, muddying things up.
mircea_popescu: nothing really, all the overfed know of hunger is their terror.
mircea_popescu: not that people can't rehash the ancient arguments re the importance of the church and present them de novo in favour of the state.
mircea_popescu: antephialtic if you think the welfare state did anything for the advancement of pure mathematics...
mircea_popescu: ahahaha diablo 3 apparently still thinks it exists, made update, costs 40 bux
mircea_popescu: idiot b;logger.com. was gonna leave the guy a reply, but a well.
mircea_popescu: "Austerity measures will have taken the route of unprecedented and radical decimation of the state - everything from state provided healthcare to coastguards to income support to education will be practically gone replaced with numerous forms of bitcoin based insurance."
mircea_popescu: antephialtic seems just a rehash of older material really.
mircea_popescu: pankkake not altcoins, but teh people bitching about how other people are eating "their" share of the pie are.
mircea_popescu: it's pure jealousy, and well... that's not part of the laws of nature.
mircea_popescu: antephialtic but the whole argument behind scrypt,. and behind asic-resistence, and all that jazz is "other people than us have better resources and are being rewarded for this."
mircea_popescu: cryptocoins are here to bring inequality back to its proper size
mircea_popescu: there is the problem. it's all trying to somehow build equality out of technology.
mircea_popescu: asciilifeform give them a decade. reading these logs is slow work.
mircea_popescu: We have not come across a proof of work algorithm that is truly ASIC-proof and quick to verify. All alternatives will only delay the problem, and at a considerable cost.
mircea_popescu: when people go to war, they couldn't care less about foreign markets or whatever the fuck.
mircea_popescu: since the fork will NEVER resolve, tyhere's no scamming.
mircea_popescu: a hard fork is a political event. they get the old chain coins they chose.
mircea_popescu: antephialtic how exactly would the merchants be scammed ?
mircea_popescu: Wtf is the point of crypto if a bank can simply mine all the coins themselves, the entire point of crypto was to get away from elitist bankers
mircea_popescu: And it would be a great way to stick it to the mega banker elite class who invested billions in Asic hardware.
mircea_popescu: Hardforking BTC and LTC to X11 would be pretty awesome.
mircea_popescu: a hardfork is a major event, but definitely not impossible.
mircea_popescu: there's a deep understanding of what humanity is all about, that someone as fucking weird as dostoievski could exhibit nevertheless
mircea_popescu: antephialtic most neckbeards make excellent worhorses. doesn't mean anyone would want them i nthe house.
mircea_popescu: neckbeard = 30something male with poor hygiene, lack of socialisation and a monitor tan
mircea_popescu: antephialtic not rly hate, but for the usual reason neckbeads fail to make it in human society.
mircea_popescu: is this guy actually gmaxwell or just similarly spineless ?