354800+ entries in 0.094s
mircea_popescu: then someone emulates quantum computers in a zx80 emulator emularted within a gpu card and bam
mircea_popescu: look throguh the math there, do your own calculations.
mircea_popescu: the computational cost of the network has been calculated, on trilema, it was scary back then. it's way worse now.
mircea_popescu: people are currently desperate to buy stuff to wreck the network with
mircea_popescu: <asciilifeform> idea being, gold was never purely a long-term store <<< this will need fleshing out.
mircea_popescu: threowing a virgin that way once or twice is sensible.
mircea_popescu: roughly we're in the situation of "dragon moved in hillside next to village"
mircea_popescu: not that there's anything wrong with trying anything and everything on the beast.
mircea_popescu: no, it does not "store value" any more than "empathy" as used by the libertard is either human or virtuous.
mircea_popescu: greenspan_fan this seems to me a completely unwarranted generalisation that actrually breaks logic.
mircea_popescu: asciilifeform> time to digest a meal: ~6 hours. does that mean that one should be able to go without meal for ~72 yrs << yes, if they were a payment processor.
mircea_popescu: course this is more of a case of hawala reduces to bitcoin
mircea_popescu: asciilifeform if one takes a conceptual hawala rather than any particular historical implementation, no.
mircea_popescu: this was actually tested back in the old days of mpoe, works just fine.
mircea_popescu: i mean, we can do blockchain propagation and mining via email ffs.
mircea_popescu: greenspan_fan well presumably whatever suspends btc suspends all btc-likes
mircea_popescu: obviously presuming liniarty and so on and so forth, but just for the sake of it.
mircea_popescu: thus therefore, tolerable btc outage should be something like 2 years.
mircea_popescu: tolerable ccp service outage, ~one day, from experience so far.
mircea_popescu: built-in ccp delay on a payment, ~1 second. built in btc delay on a payment, ~10 minutes.
mircea_popescu: and no, you should not rely on bitcoin. this has been explicitly stated since day one. bitcoin is not here for you to rely on.
mircea_popescu: when you say sha was breached you're not describing some nitnoy thing nobody cares about.
mircea_popescu: (your q was as to coordinate moving, not as to patching, mind)
mircea_popescu: "hi guise, here is problem, here is patch, pls install so and so"
mircea_popescu: if it IS known however the code will just be patched to take it out, and people will move on the new system for cause
mircea_popescu: if your crack is not known, then maybe for a while you can benefit from it.
mircea_popescu: even if you somehow bash one hash function in, you still don't really have enough yet
mircea_popescu: this incidentally is why bitcoin addresses are encoded so layeredly.
mircea_popescu: bullocks would be ok, but the "six digits or less" is equal to saying in that other context "60 kgs or over"
mircea_popescu: bitcoin is like, you know, reactionary, conservative, evil, sane. you're either rich or smart or invisible.
mircea_popescu: asciilifeform and perhaps we'll be fucking rid of all the forum investors.
mircea_popescu: bitcoin's adoption among people worth six digits or less is irrelevant.
mircea_popescu: greenspan_fan "adoption" means something strictly different from pageviews
mircea_popescu: speculation of the sort and type that the exchanges enable and reddit/forum/.etc support is about as fundamental to bitcoin as druggies were.
mircea_popescu: people imagine exchanges are fundamental to bitcoin price. they'll close, no ill effects to be recorded.
mircea_popescu: people thought silk road is fundamental to bitcoin value. it closed, no ill effects recorded.
mircea_popescu: sorta mess) is jumping on board the "o no malleability is preventing us
mircea_popescu: i've been back to say hey next time listen to me before you get into this
mircea_popescu: list securities, and which has been fucking up massively since, and which
mircea_popescu: which i beat the shit out of when they decided to start letting people
mircea_popescu: crypto-trade (neotrix's deal that used to be an altcoin marketplace, and
mircea_popescu: i can't help but think you're pretty close to biofilm 3d printing.
mircea_popescu: Bugpowder did you obtain the painting by smear selected bacteria or by smearing uniform bacteria with particular mutagen ?