36300+ entries in 0.278s
a111: Logged on 2017-07-19 01:32 mircea_popescu:
http://btcbase.org/log/2017-07-19#1686438 <<< yes, because you're applying the pretense of statics to
a dynamic situation. trinque 's metaphore is very much factual : we were paradopped on hot coals, by the FAULT, inexcusable, and indelible, of our parents. they should have taken care that we do not get dropped on hot coals, as children barely able to move. they did not, and derelict in their first and practically speaking on
trinque: ben_vulpes: that's an accurate rendering of my opinion. I think mircea_popescu was correct in that there's an unavoidable cost of doing business of
a startup wallet service.
ben_vulpes: thoughts topmost on my stack (after apache arcana) are about the implications of the foundation backing the 'tbtf' initiatives. i know that someone must, but going from
a rate of zero in however many years to two in two quarters is worth pausing and thinking for.
ben_vulpes: (look gossipd works, asciilifeform can take
a nap)
ben_vulpes: trinque: rang, asked me to pass on that
a) he doesn't need help insuring the hotwallet, and that b) he's thinking really hard about how much of linux and the rest of the stack to insure on his own back, and the moral hazard of doing so
mod6: Aha, was thinking that part was
a one time thing, The Foundation would indeed run out of money in short order.
mircea_popescu: mod6 you can't afford to pay for development. i appreciate the sentiment, and i'm not saying his work is negligible, but if you count all the IMMENSE amount of devwork the republic has produced, however you add it up you'll either
a) be on the hook for more than the foundation has, significantly more, or else b) you'll be stuck taking lowball to the level of insulting people.
mod6: I'd be fine with that. I'd even go
a bit further and throw in some extra funding for the development, historical and forward.
mircea_popescu: just give him
a bitcoin to seed his hotwallet, and call it
a day.
mod6: Maybe that's not as reasonable as what you're suggesting though --
a reoccuring grant.
mod6: My initial thought was that the Foundation would say, offer
a one time engineering fee of 1 BTC. And then also provide insurance for the hot wallet to the tune of say, 1 BTC.
mod6: You're totally making sense. It could be
a reoccuring grant; needs to be re-newed yearly (or some interval). I'm not in the best position to have an idea as to what is
a sensible amount for the interval.
mircea_popescu: specifically being able to say, "oh, yeah, segwit, whatever, the power ranger's version of deedbot's !!pay, right ?" is
a tmsr-wide benefit.
mircea_popescu: whereas this, it's more
a case of carrying
a knife up your ass. it decides when and what.
☟︎ mircea_popescu: nevertheless, you know aforehand, when you sit down to read through
a patch, that you're gonna spend so long with it, and you'll stop when you stop.
mircea_popescu: well, the idea is that indeed he's on the hook, for
a particular type of cost. obviously writing code, reviewing code, testing things, design, graphic or systems, all sorts of things are useful and valuable, and they take people's time. if you spend an hour reading through patches you can't spend that hour petting your dog/kitten/kid whatever.
mod6: Upon approval these can be deeded so we can keep track. I'm starting to have
a hard time remembering them all!
mod6: Speaking of which, ben_vulpes, let me know what you think, but to help keep track of these grants, I think the applicants for
a Foundation grant, should write up
a small document outlining: 1) How much they are requesting, 2) What the intended purpose is for the grant, 3) The Duration (if any, i.e. one year, or one-time, etc), 4) The current block height / date. 5) Signed with WoT Key.
trinque: alright douchebag, your flood of titties made me agree to
a hotwallet
mircea_popescu: trinque you might be overdramatizing ; what, you think i've never lost
a team ? what am i, made of pure energy ? shit happens ; gotta have plans in place and move on.
douchebag: I just want to have
a dedicated box to review these on, and as mircea_popescu mentioned I'll be sent
a server
trinque: I've handled orders of magnitude more bezzlebucks elsewhere and yet this obviously, I care
a great deal more about.
mircea_popescu: now, kako for all his weird was certainly technically competent, so it's not the case that "there lay
a trb in the rain".
trinque: let whatever comes in as revenue trickle over into
a rainy day fund if
a wallet gets popped
trinque: probably just going to set
a ceiling on it, and grow the ceiling over time
trinque: I'd actually like to find
a path to the hot wallet sooner than later, for reasons of getting large enough
mircea_popescu: problem with it is that such
a thing only pays after getting large enough.
mircea_popescu: but, to be plain, it is
a lot of work, and very useful, and very finnicky / highly qualified / high responsibility. so absolutely you should make bank for doing it.
mircea_popescu: you ~could~ add
a deedbot command like !!pending which'd list all pending items and the estimated next send ("Next tx push on Fri, Apr 14 at 8:14 pm -- in 25hours). gives people something to do with their time.
mircea_popescu: that way
a) you get automated txn bundling, reducing fees and b) you don't have to keep doing it.
mircea_popescu: trinque anyway, one reasonable measure to cost control is to do all txn once
a day, every day. ish.
trinque: really depends on whether it's
a political or economic reason for attack.
trinque: still doesn't really pay for me cutting txn; obviously the ideal is I cut txn to refill
a hot wallet, bot can use up to hot wallet balance without operator interaction.
trinque: if I'm moving this from
a "hey use my airgap system for cheap" to "high throughput wallet system" it's going to pay for itself
trinque: relatedly, I'm going to instate
a withdrawal fee. will decide what that is later
mircea_popescu: it's the way of cia factbooks to be half
a decade out of date.
mircea_popescu takes advantage of
a momentary lull to update the titpost lol
mircea_popescu: jossi to voice yourself, say !!up to deedbot in
a pm and then !!v the string it gives you (decrypt its message)
ben_vulpes: looking forward to giving it
a crack myself
hanbot:
http://thewhet.net << lastest post (mod_rewrite ergo links not yet live, or i'd link y'all directly) is mp-wp_genesis. esthlos and anyone else who was waiting on this is encouraged to test it out --setting up
a test blog-within-
a-blog is gonna be
a royal pita and cause yet further delays, so please do try it out, lemme know how it goes.
trinque: yeah, everything that gave
a response to somebody got through; no worries
jossi: Tell me about this place, if you had to summarize in
a sentence or 2
a111: Logged on 2018-04-13 20:37 zx2c4: i'm not saying everyone with leisure _does_ do something worthwhile with it. but you cant deny that leisure is in many cases
a necessary precondition for many great aspects of civilization
jossi: Trump had the city messed up for quite
a bit too
jossi: I wouldn't mind
a more suburban area
jossi: mircea_popescu: its
a lot of baby stuff unfortunately lol
mircea_popescu: lol. so next time rich dood walks in, be all like "0.11 btc for this bed as it is, sir ; or 0.20 as
a package deal, with me in it"
lauren22: Yes, not worth getting trapped in
a bad relationship over kid
mircea_popescu: lauren22 ben_vulpes has
a coupla, the other married guy left ; i keep slavegirls, most everyone else is vaguer about it.
douchebag: trinque: I'll do actual work once I have
a machine that can be on 24/7
trinque: douchebag: and when you bring these chicks in here, tell them
A) register, B) don't expect trinque hops off what he was doing to immediately cut txn for their precious cuntlet C) once they withdraw, balance is 0 again, because duh
lauren22: Everyone has
a computer in pocket/purse
a111: Logged on 2018-04-13 20:35 douchebag: hey mircea_popescu do I get 0.01 for finding
a flaw with deedbot again :D
lauren22: Video, one magazine did
a piece about it
trinque: so, the girls are bitching they don't have
a balance, after having run withdrawal requests, or what?
mircea_popescu: and now think -- that for his great merits, aristotle was in fact given by the city "2000 btc", ie exactly what you mean by it, "sufficient money so as i can be
a righteous man alone".
mircea_popescu: nevermind phaedo. socrates tried, his whole life, to make people capable of standing on their own. and his products, among which plato is
a minor outlier, held that bloody affair, where most of the city was gutted.
zx2c4: im being interrupted now, but ill be back in
a while to continue this
zx2c4: yea, sure, im pretty certain of what it'd take to be financially viable in either philosophy or jazz music. that's not something universally available and there's
a lot of luck involved, however, and even then it's
a pretty rough life. it's not even available to all types of philosophy study and all types of jazz music.
zx2c4: i'm not saying everyone with leisure _does_ do something worthwhile with it. but you cant deny that leisure is in many cases
a necessary precondition for many great aspects of civilization
☟︎☟︎ douchebag: hey mircea_popescu do I get 0.01 for finding
a flaw with deedbot again :D
☟︎ mircea_popescu: tis infinitely better to be
a promising systems developer than to be
a guy who wasn't cool enough for the chunk of bitcoin he got.
mircea_popescu: and in all cases the answer comes back again and again, "i was an inadequate successor to
a greater past".
mircea_popescu: "What were you in this life ?" is no small matter. and yes it requires
a correct answer ; what's the trust fund do for that ?
mircea_popescu: occasionally hollywood nuts leave pets behind in the ~same situation also. they get
a daily pellet and so on.
mircea_popescu: but what is the difference ? some ancestor decided to preserve his degeneration. as
a rock or as
a grandson, whatever. are they more than this ?
zx2c4: i know
a lot of rich people with trust funds set up by their ancestors. they receive fixed income every month, and otherwise aren't hassled
zx2c4: how does that necessarily lead to "being stupid"? what if i just choose to raise
a boring family and live
a boring life?
mircea_popescu: if you want
a lot of monyz, business is the only way. there, you risk losing it, and you learn what it is and how it works. if that's not of your interest, you can never have it. period. even if you think you do, for whatever reason. are you familiar with the all-amusing ers example ?
zx2c4: the reason is actually, "so that i can have
a fixed income without any concrete labor obligations"
☟︎ mircea_popescu: zx2c4 looky, the only reason you want "an infinity of monyz" is "so that i don't have to tihnk of monyz anymore", which is simply the way you've rephrased "so i can be stupid with impunity" in
a way to meet your blindspots.
mircea_popescu: and in exactly the way
a toddler suddenly getting 2000 Nm impulse would be worse off.
zx2c4: mircea_popescu: this article is about making
a company right? i'm not doing that. im just writing painstaking careful code and giving it to the world for free
☟︎ mircea_popescu: kinda why i never bothered ; basically the whole "tech" imperial flea circus is this game of trying to outsource your costs on
a sucker. whether it's ugc or gsoc, or "investing" or w/e else.
zx2c4: so, slightly more disappointing of
a prospect
zx2c4: mircea_popescu: some time, though of course not enough to support
a whole project for
a whole year. i'm wondering about great flowering riches
zx2c4: my daddy is /proc/kcore and he's connected to
a debugger.
mircea_popescu: zx2c4 i don't get it, you just got
a coin, should last you
a while neh ?
BingoBoingo: zx2c4: You spoke
a lot yesterday, but neglected an important question: Who is your daddy and what does he do?
BingoBoingo: thatbitchlola: trinque usually processes withdrawals once
a day.
mircea_popescu: thatbitchlola you can voice yourself now ; say !!up to deedbot in
a pm, then !!v the string it gives you (have to decrypt first)
mircea_popescu: hanbot these are gonna become incantations lol. "hi i'm here to show you my tits" "<< it's good for about half
a n hour, don't dilly-dally." and so on.
mircea_popescu: haleyyyyy 96ddc81a << it's good for about half
a n hour, don't dilly-dally.
hanbot: <mircea_popescu> will give the old farts in the chicago senate heartburn. << haha there's
a fact
hanbot: douchebag : just sayin',
a lot of people read these logs. it gets tedious reading the announcement over and over again.
mircea_popescu: SluttyDiamond 2fb5eb10 << it's good for about half
a n hour, don't dilly-dally.
douchebag: i got
a bunch interested right now
mircea_popescu: so now... you're still not going to say how much the all-nighter is for
a pair ?