359400+ entries in 0.109s
mircea_popescu: no, because this is not art an we aren't making a vase.
mircea_popescu: how was one supposed to think logically before aristotle got around to writing logics ?
mircea_popescu: basically a pull rather than a push for now because we aren't yet as formalised
mircea_popescu: mike_c there's no particular requirement that people who don't already know the rationales sould be involved in writing any code.
mircea_popescu: there's some post where the girl's counting it much to pietilla's delight.
mircea_popescu: it's just in mpex' case it's been a private joke rather than the sad reality
mircea_popescu: for the lolz of it : mpex actually discontinued withdrawals first
mircea_popescu: MisterE who are you and what makes you think you have something to say ?
mircea_popescu2: i ended up having to connect by ip because chat.freenode.net for some reason was resolving to a suspicious ip
mircea_popescu: it's a state machine whether we know/admit/notice this or not.
mircea_popescu: the wet being water isn't an implementation detail, is it ?
mircea_popescu: a shoddy bitcoin #1 is actually quite useful, you can have bitcoin #2 all prepared in the background.
mircea_popescu: decimation as a point of strategy, the would-be dev team power ranges may be foolish, but they're useful fools.
mircea_popescu: and anyone else claiming to be the dev team is roughly in the position of various people on the forum claiming to be financiers.
mircea_popescu: decimation i merely observed that whoever is doing that is the dev team
mircea_popescu: BingoBoingo you know that a) gox is lieing about it being a problem and b) all the other scammers happy to follow suit
mircea_popescu: decimation i was under the impression i had said exactly that :D
mircea_popescu: it's one of those "hey, let you give us free money" deals a la coinbase.
mircea_popescu: it'd be "private", as in romanian govt gives to some random third party the place and gets in exchange some nothing at all.
mircea_popescu: BingoBoingo maybe we're not talking about the same thing. what exactly is "hammering the fiat/btc" interface ?
mircea_popescu: (for instance, the leu is worth in dollars/euros/whatever else exactly as much as romania says it is worth)
mircea_popescu: romania has since been stockpiling gold, it holds more per capita than most countries, and it enjoys the advantages
mircea_popescu: nah, the local cb guy nixed the euro long ago, much to everyone's wtfitude. turns out he was right.
mircea_popescu: BingoBoingo well sure, but the differences are more marked than the similarities.
mircea_popescu: decimation but it has. romania for instance is on the gold standard.
mircea_popescu: BingoBoingo inasmuch as it's mostly a reddit driven "omg we're retarded" panic, i doubt anyhing at all.
mircea_popescu: herbijudlestoids yeah that's prolly because your dataset only has one drop
mircea_popescu: decimation it's not even a fantasy. has plenty of actual usecases.
mircea_popescu: asciilifeform and consequently making an android masturbator will be illegal because it could be used to plug the claw ?
mircea_popescu: decimation so basically all crime stems from the existence of the state.
mircea_popescu: <asciilifeform> incidentally, if the avaricious idiots move everybody to RFID cards sans crypto challenge/response << even if it has a challenge system, if it's made by the bank ppl... heh. glwt.
mircea_popescu: seems that your link supports the notion it is indeed visa fining.
mircea_popescu: punkman " Visa and MasterCard levy fines against acquiring banks that retain merchants with high chargeback frequency. "
mircea_popescu: it used to be 8% in romania for a while, until the card people finally gave up_
mircea_popescu: (actually some strategic large merchants get paid to use cards on a regular basis
mircea_popescu: small time merchants with a shop or w/e are being reamed, but that doesn't really show in the bottom line
mircea_popescu: anyway, it's more complicated than that. if you think paypal is paying anyone anything when it gets chargebacked...
mircea_popescu: asciilifeform not THAT expensive or else amazon'd be out of business.
mircea_popescu: nobody cares, nobody checks, the bitcoin algo is quite efficient at stabilizing issuance in spite of hash volatility
mircea_popescu: pankkake Shakespeare just write an interpolation script by time
mircea_popescu: those who make bills also sell them for pennies on the dollar to those who have the means to pass them
mircea_popescu: asciilifeform for that matter, the carded amount has to be gotten out of the bank
mircea_popescu: generally speaking you're best served by going the other way
mircea_popescu: srsly, it costs 12 cents to make them and the world isn't awash in fakes ? just... how.
mircea_popescu: asciilifeform i am blown away that most us bills arent counterfeit atm.
mircea_popescu: "World's Leader in Financial Cryptocurrency Contracts IPOs"
mircea_popescu: pankkake can you also write an irc bot so we can set the number of coins arbitrarily /
mircea_popescu: is to make the production process cost more than the nominal value