log☇︎
351400+ entries in 0.223s
mircea_popescu: and yes this means that julie slaveface doesn't get to elect who's gonna take her maidenhood. fuck her.
mircea_popescu: because the 200 are stronger than the 12 ; whereas the 10k are weaker than fucking cox cable.
mircea_popescu: . now there's 200 masters, and 12 cable companies, and no fucking monopoly. ☟︎
assbot: Logged on 16-01-2016 23:25:19; jurov: well, say titanium mine used for specialized stuff runs out and new one has to be developed. who pays for this?
mircea_popescu: http://log.bitcoin-assets.com/?date=16-01-2016#1373607 << it's the same money, but in fewer hands. think of it this way : currently, there's 10`000 "family units" in town X making "the decision" to buy cable. as a result... there's two shitty companies and a de facto monopoly. transform those families into slaves and servants. they no longer get their own house, but live in the house oftheir masters, at their disposals ☝︎
mircea_popescu: http://log.bitcoin-assets.com/?date=16-01-2016#1373606 << ironically enough stell mill has strange anti-economies of scale. romania had one of the largest in the world, at galati. it was bought by arcelor and downsized. they also bought and downsized the krivoy rog ones. ☝︎
mircea_popescu: they're as unreliable as they fucking get. ☟︎
assbot: Logged on 16-01-2016 23:23:54; jurov: they do use majority of stuff off the shelf from reliable suppliers, and these suppliers rely on stable overall volume in mass market
mircea_popescu: http://log.bitcoin-assets.com/?date=16-01-2016#1373604 << no. the mass market drives them to shittify their offerings. ☝︎
mircea_popescu: fucking roman empire got dates across the sea in time to start a war. wtf already,
assbot: Logged on 16-01-2016 23:21:55; jurov: imagine in addition of unique components, having to orchestrate dedicated supplies of material
mircea_popescu: http://log.bitcoin-assets.com/?date=16-01-2016#1373594 << dude you're on this whole "before i was around people never fucked" angle. ☝︎
BingoBoingo: Also the blue pogoplug is the worthless one for our cause, right? ☟︎
assbot: Logged on 16-01-2016 23:10:05; jurov: yes, it does. but it does not come out of tap every 20km
assbot: Logged on 16-01-2016 22:52:05; ben_vulpes: mod6: press of a given head should result in the *exact same* tree under all V's, as i understand it
BingoBoingo: All of the nobodies
BingoBoingo: I've been asking myself that a lot lately
mircea_popescu: who is this imbecile again ?
mircea_popescu: NACK. This renders hundreds of millions of dollars worth of equipment useless. It will leave a bad taste in the miners' mouth. I also think this is an unnecessary fix to a problem that won't exist in the long term. ASIC mining hardware will sooner or later hit fundamental physical limits and become commoditized. Decentralization of mining will naturally follow."
mircea_popescu: letting bitfury & friends eat 100mn in unrecoupable engineering costs would provide exactly the correct lesson as to what it's a good idea to say and when it's a good idea to shut the fuck up and toe the line.
mircea_popescu: actually i wouldn't go to war over keccak. ☟︎☟︎☟︎
mircea_popescu: This is literally no harder to get consensus for than a hardforked block size increase. This is probably easier, in fact, since it impacts fewer people negatively."
mircea_popescu: "@transcats Memory-hard PoW hasn't been invented yet, so we can't implement that. ☟︎☟︎
assbot: Logged on 16-01-2016 22:23:44; guruvan: mod6: yah - I don't know anything about V - but I'll figur ethat out and get this in there
mircea_popescu: http://log.bitcoin-assets.com/?date=16-01-2016#1373410 << totally look into v. it's great. ☝︎
assbot: Logged on 16-01-2016 21:49:24; mod6: ;;later tell pete_dushenski pretty neat ice scuptures. i'd like to see an ice sculpture of a guy with a sharpie in pooper.
assbot: Logged on 16-01-2016 21:50:08; mod6: to get the level of detail required for that, it'd probably need to be 50' high. all the better. :D
pete_dushenski: http://log.bitcoin-assets.com/?date=16-01-2016#1373344 << haha omg that'd be epic. i bet "sharpie" would even donate a 10' long pen just for the occasion. tell them "it's for art" and you're golden. ☝︎
punkman: http://www.startupbizhub.com/starting-steel-mini-mill.htm check out the 488 comments
assbot: Logged on 16-01-2016 20:41:15; mircea_popescu: sez so right in the merchant of venice!
pete_dushenski: http://log.bitcoin-assets.com/?date=16-01-2016#1373173 << you ever get past 40% finished on the re-write ? ☝︎☟︎
pete_dushenski: there are fighters and there are lovers. jurov's the latter. ☟︎
punkman: well you can put them in a jail cell if you prefer, but I ain't paying for it
pete_dushenski: i'm content with that conclusion. now go get some sleep !
jurov: if civilised world ends and proves it was only an illusion, then perhaps i reconsider
pete_dushenski: and the minority of history, for that matter
pete_dushenski: it's actually the minority of the world that thinks you can "talk it through" and "share fee-fees"
pete_dushenski: jurov: nah, outside of the "civilised world", killing your enemies is pretty common. ☟︎☟︎
assbot: Logged on 16-01-2016 20:31:38; ascii_shmoocon: and holyfuq are these talks snorefest
jurov: irc you and mircea_popescu expect power to hang or stake certain people.. that's pretty close to "all" end ☟︎
pete_dushenski: i think the issue here might be with the conception that power is binary and that its centres must contain all or none. it isn't. there are gradations. so even if bitcoin is very, very valuable, it won't be sufficient to constitute the entirety of the world. you can't eat bits.
jurov: i'm lost in this, you foresee feudal society, then what people bestow, dunno
jurov: where is the power center?
pete_dushenski: relatively speaking, sure. within the minds of the many, many "people" who bestow it upon them. the scrillion branches of xtianity are no different in this regard. and they all have some measure of power.
jurov: you call them "centers of power"? fo srs
pete_dushenski: how many "bitcoin devs teams" are there ? a dozen ?
pete_dushenski: so while bitcoin might be more politically centralised, there's a whole lot else out there in the wild
pete_dushenski: jurov: i guess i don't see that all the world's power ~has~ to be "in" bitcoin.
gribble: Bitfinex BTCUSD ticker | Best bid: 388.4, Best ask: 388.42, Bid-ask spread: 0.02000, Last trade: 388.4, 24 hour volume: 74062.16019306, 24 hour low: 352.5, 24 hour high: 392.5, 24 hour vwap: None
jurov: to go back to original issue, how can multiple centers of power exist in bitcoin? ☟︎
pete_dushenski: so a snapshot in time tells us nothing
pete_dushenski: cancers expands ad infinitum too. until the host dies and the worms move in.
jurov: and these limits went way bigger recently
jurov: by your theory vladivostok should be self governed, or by japan
jurov: pls explain that to every russian ruler in past 200 years
pete_dushenski: so having geographic divisions still makes sense, even across cultural lines if people can't be persuaded to get along via market forces
pete_dushenski: still, while communication has obviously flattened the world, and geography matters not on the internet, distance still matters for supplies, food, equipment, etc
pete_dushenski: biology, time.
jurov: what's to stop them?
jurov: people always try to overstep dunbar number
jurov: but then it's hierarchy
jurov: feudalism in the past was decentralised only because of distances and communication problems ☟︎
pete_dushenski: jurov: seems impractical for one ruler to manage that much complexity
pete_dushenski: within feudalism, of course profit is still ~a~ motive, but it's not the only (not can it really ever be)
jurov: and my reply was that dependence is best strategy
pete_dushenski: aha. that's where the "the future isn't hyper-capitalism, it's feudalism" thread comes in.
jurov: what is hard to imagine, how to achieve this together with profit as a motive
jurov: so not at all hard to imagine.
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jurov: you could fix "skoda 120" at home with a pit and basic tools
jurov: funny that communism actually achieved this.
pete_dushenski: with the amount of fiat sloshing around, it's hard to imagine this niche-or-nothing/15k-only approach coming to dominate industries and manufacturing sectors any time soon, but the thermodynamics do point to this as a far more (whisper it) sustainable solution
pete_dushenski: jurov: i can see it. and while i agree there would be trade-offs (less reliability, more difficulty find parts perhaps), i think that the benefits would more than compensate and that product designers would adapt themselves accordingly (eg. making repairs possible without specialised equipment and using more readily available parts) ☟︎
jurov: *shrug* i can understand, the world is overcrowded, it's tempting to dream of putting stupid people "to their place". whether that comes to pass, i doubt. ☟︎
assbot: Logged on 10-02-2015 11:47:29; punkman: re: 10m people, what kind of world can you run on that considering current complexity?
punkman: also http://log.bitcoin-assets.com/?date=10-02-2015#1014808 and yes I'd rather live in 10billion than 10million world ☝︎☟︎
jurov: for the gasoline the difference in availability does not cause big problem. but as the tech stack up, the effect multiplies
pete_dushenski: jurov: so it's the gasoline thing again.
jurov: for example babbage did not have the elements and had to develop precision machinery himself, what contributed to his failure
ben_vulpes: > t bars
jurov: because there were mass produced relays/tubes/transistors available
pete_dushenski: jurov: they were when computers filled the basements of university buildings, and there were only dozens or hundreds then. so again, why not ?
ben_vulpes: so they're a glorified waste-processing plant.
jurov: and would be the computer even feasible when only anough vacuum tubes/xsistors will be developed only for top 15k to have radio receiver? ☟︎
punkman: "In 2007, Nucor recycled nearly 10 million cars in its production processes, the equivalent of one SUV every four seconds."
ben_vulpes: steel mill doesn't make sense to operate unless operated continually, no small-batch fabber is going to do so.
pete_dushenski: jurov: aha. well, manufacturers still made computers before everyone had a desktop in their home, and so too can they once "everyone" has nothing more than phablets.
jurov: "of course you can" - at this point i sent mircea_popescu to grow si monocrystals and use hf
pete_dushenski: you think the king henry v's crown benefitted from mass market ruby mining ?
pete_dushenski: that's the whole point. some things might be "easier" with mass market consumers in the picture, but there are costs to this ease. arguably, excessive costs. and costs that would readily be borne if the mass market went byebye
jurov: you can't have custom "special" "high performance" whole supply line from mine up to the product ☟︎
jurov: well, i don't see the "trickle down" as optional
pete_dushenski: ben_vulpes: hard to make a small steel mill ? yes. impossible ? no. ☟︎
pete_dushenski: new one takes its place, maybe this takes time, maybe not
pete_dushenski: so that titanium company goes bust
ben_vulpes: even $robofab i worked for one time had their castings done by a casting company.
jurov: it will lead to disruption in any case
jurov: but they have small volume
pete_dushenski: and if they can't, supplier finds a new one.
pete_dushenski: jurov: titanium company pays for this