362100+ entries in 0.095s
mircea_popescu: holy shit on a stick, because hatguy and armpitbeard girl said so one day and drew some doodles on their starbucks napkins ?!
mircea_popescu: bunch of hipster doofuses who imagine they're doing "a new kind of global business news outlet".
mircea_popescu: omfg this thing is actually everything i hate. check this shit out :
mircea_popescu: a, no. pet slaves are actually quite competent, intellectually.
mircea_popescu: not only it can't be done, or in other words we've just mathematically proven they're cattle
mircea_popescu: there is literally no way in which one could design a pow based on "the people".
mircea_popescu: as a side-effect of this sad state of affairs, no proof of work can be devised that'd allow them to hash.
mircea_popescu: asciilifeform you don't understand. the problem with those people is that they are in no way distinct.
mircea_popescu: pankkake was a link here coupla days ago bout some game site that got hussled by ny for 1mn over having made $3500 from exploiting user gpus
mircea_popescu: asciilifeform no. a war isn't decided by personal valor.
mircea_popescu: Duffer1 the altcoin is sha256, not pumped and not premined. just like... you know... NO OTHER ALT out there.
mircea_popescu: asciilifeform indeed. as if such a thing belongs anywhere outside of a creative reenactment society meeting
mircea_popescu: i wonder how many people realise that when they hash scrypt they hash socialism.
mircea_popescu: result ? nobody gets flattened anyway, by different group
mircea_popescu: so some idiot somewhere comes up with "non-asic" pow, so that the nobody may matter.
mircea_popescu: that shit i always found hysterical. man with a computer wants to matter.
mircea_popescu: <asciilifeform> afaik they've mostly switched to altcoins now << the scrypt coins yeah.
mircea_popescu: they do have a cost, even if you're not paying the elec. cost of opportunity in that case.
mircea_popescu: botnets are also underwater for btc mining, same reason
mircea_popescu: most mining units by count are underwater today, because of the cost of elec.
mircea_popescu: course.... where you got the 78k from ? or what am i misunderstanding here ?
mircea_popescu: pretty difficult to fake land deeds (not to mention felonious)
mircea_popescu: i guess this is an interesting test for havelock, because if the kid now fails to buy properties worth whatever he supposedly got from the ipo the difference will have to somehow be explained.
mircea_popescu: basically the libor was a scam, the forex is a scam too. fiat is about as bad as bitcointalk
mircea_popescu: why not put current through your sister's brain like sane people.
mircea_popescu: ThickAsThieves i take it the fuckit neobee ceo is all over this rite.
mircea_popescu: ThickAsThieves seriously, it's unwatchable. it's like office cctv with sound.
mircea_popescu: basically, larry david was the rock holding down seinfeld. once they got rid of him the show noticeably improved.
mircea_popescu: herbijudlestoids by the way, i checked out s1e1 of curb your enthusiasm
☟︎ mircea_popescu: "I was told that up until a few weeks [at time of the interview] ago, there was hardly any development environment to test changes. Most changes were done straight on the production environment."
mircea_popescu: jcpham it boggles. next thing we'll discover people actually invested into mcxnow.
mircea_popescu: pankkake since you're loaded in, what's the chain reports ? diff ? blocks ?
mircea_popescu: ThickAsThieves i imagine as brokerages develop they'll keep a vanity gen side.
mircea_popescu: open source it may be, but i'm in finance not in tech.
mircea_popescu: pankkake you keep my cash and my books for that altcoin
mircea_popescu: i'm looking forward to headlines like "donations dry spell causes government shut down"
mircea_popescu: how hard can it be. publish a bitcoin donation address.
mircea_popescu: and im like... fuck you, what do i care waht's convenient for you. i'm paying for it.
mircea_popescu: soon enough it devolved into "books must be kept this way because it's more convenient for us"
mircea_popescu: originally they piggibacked on the notion that "well... but you keep your books anyway" and "if you're honest you don't mind sharing"
mircea_popescu: irs wants to keep accounting, let it hire accountants and pay for them.
mircea_popescu: the very notion that the affairs of the state shall be imposed upon third parties is beyond outrageous.
mircea_popescu: but in the end, the "because i say so, that's why" side of the discussion is apple and hsbc,
mircea_popescu: they're the equivalent of the 4th grade bully. only there to scare the small biz owners.
mircea_popescu: mike_c i dunno why you think the irs is important in this discussion.
mircea_popescu: money is money, you can purchase whatever you want with it.
mircea_popescu: i use "foreign" money to purchase shares all the time.