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mircea_popescu: bitbet is in crazy mode again, doing 50 btc a day and shit.
mircea_popescu: so do you have some particular angle for that market that puts you in a better position than say bitpay ?
mircea_popescu: new bugs fall in and contribute genetic material prolly all the time
mircea_popescu: tho... i don't suppose they actually are isolated you know ?
mircea_popescu: then if you actually sell it down the road, you have a history. if you scrap the thing, whatever. a website.
mircea_popescu: nubbins` thought : whether you do this or not, do the following : make a website follow the generations.
mircea_popescu: aristotle's politics just became second rate in the field of revolutionary. nakamoto's paper easily takes the top spot
mircea_popescu: bitcoin isn't "a currency" nor much of a "medium of exchange" at all. it's a substitute for government is what it is. in all its forms, from actual electoral validation processes to deciding where you eat today, and how much.
mircea_popescu: Neil the thing is, unless bitcoin gets to make the rules we're wasting our time here.
mircea_popescu: blackwhite none of those pieces of crud are arguments. they're just flaming ignorance being stubbornly presented by people who are too haughty to read trilema. all that shit's been debunked there cca 2012.
mircea_popescu: Neil i was curious what your estimated jtd would be, at the time of the 2nd tranche ipo of mpoe. ie, two years ago to the day.
mircea_popescu: MisterE: looks like Stamp is the new king <<< markets centralize.
mircea_popescu: cads i doubt the square of x and -x can count as different problems in this context.
mircea_popescu: VanCleef im just sitting back and enjoying deprived's predicament re cryptoscammocks,. atm
mircea_popescu: this has little to do with failure or success, you know, even a blind dog gets a duck once.
mircea_popescu: uncle buff should know all about it, or at least did, cca early 80s
mircea_popescu: it has a lot of economic goodwill, of the actual varietyt
mircea_popescu: nubbins` most hard cheeses freeze just fine, tho the purists don't want to admit it.
mircea_popescu: the shit i do ain't crazy, it has its own internal logic.
mircea_popescu: i'll probably dedicate my retirement to loling my ass off over fringe repackaging of anglosaxon bs.
mircea_popescu: or for that matter, with fake cache hits for the lulz.
mircea_popescu: it's not even fucking hard to reimplement gpg without caching
mircea_popescu: proving something like x^2 > 2x is not sufficient, we then have to go individually and show that 4^2 > 8, 5^2 > 10 etc etc
mircea_popescu: because for people that were too fucking lazy and high on their own farts to pay attention in school,
mircea_popescu: nubbins` the mistaken notion that while socialism (ie, the salvation of the members of the group through recourse to the group) doesn't work, subsets of this (such as, the salvation of women by recourse to the group) do somehow magically work.
mircea_popescu: asciilifeform beheaded may be going a little far, but la petite mort however...
mircea_popescu: not any more than google or facebook are incorporated in a proper sense, such as mpex is.
mircea_popescu: asciilifeform but we were discussing homo americanus neh ?
mircea_popescu: it does not live in any country. it. is. a. bitcoin. business.
mircea_popescu: pretty much all depends on whether tomorrow is 1.x trillion or not.
mircea_popescu: somewhere in the middle. it's not what they make it out to be, but it is a blip
mircea_popescu: "turn this wheel and an egg will fall out every revolution, then look if any eggs have feathers attached" is not okay
mircea_popescu: "turn this wheel and an egg will fall out every revolution and also a feather every ten revolutions" is okay, whereas
mircea_popescu: byt the idea here is that we promise some sort of result in the future.
mircea_popescu: you can in principle sift through the history and find convenient cases for any particular problem
mircea_popescu: ie, if you don't look it costs 1, if you look worth ε it costs 1+ε and fuck you.
mircea_popescu: i suppose actually my lemma may end up the equivalent of quantum indeterminacy, but for maths.
mircea_popescu: BingoBoingo i suppose it degenerates into some sort of banal equality otherwise
mircea_popescu: this is not unlike proving a given set of numbers is "random"
mircea_popescu: to me it's quite straightforwardly obvious but im much too wasted to be able to show it.
mircea_popescu: ie, if on average your useless-pow block costs 1, the useful-pow will cost 1+ε, where ε >= the useful
mircea_popescu: should an algorithm exist to resolve the problem of ts on randomly distributed graphs, an application of that algorithm on a selected set of graphs with a useful application will cost more than the normal by an ammount at least equal to the cost of computing the useful application.
mircea_popescu: cads not at all. my lemma is more general, in your proposed terms it would be :
mircea_popescu: a bit ironic because the poor woman suffered plenty through being a woman. ended up teaching under hilbert's name because the sort of boneheads roaming about end of 19th century couldn't have a woman colleague
mircea_popescu: cads no but the key is your "or". turn it to "and" and see.
mircea_popescu: i imagine after enough btc blocks, we'll actually get shakespeare's merchant of venice in the hashes, so why not