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mircea_popescu: cause a CLOJURE driven altcoin maker + exchange would be so fucking cool
mircea_popescu: and also, benkay, you doing anything other than blogging and fucking your cat these days ?
mircea_popescu: the beauty of #bitcoin-assets. businesses just fall in your lap all the time
mircea_popescu: and you can blow cryptsy right out of the water, because in is wholly manned by idiots
mircea_popescu: you can definitely sink the coingen thing, from what my research shows bluematt sold it to an idiot.
mircea_popescu: with incorporated market (so all your new coins can be INSTA traded for al lothers ?)
mircea_popescu: then i have no doubt pankake can do by hand whatever's done automatically by coingen.
mircea_popescu: i wonder if she just killed yet another thread or else we get epic butthurt
mircea_popescu: ^ think about it. the coin to pay all alinomy in. utterly worthless coin everyone loves
mircea_popescu: you never know when your whim coallesces into a schelling point.
mircea_popescu: more adequate to whoring out anyway. i guess as an older guy he can't enjoy that where he is, so what's one to do.
mircea_popescu: it takes a particular sort of scum to actually apply it tho.
mircea_popescu: other than that he;s just persistent. pretty much his whole strat.
mircea_popescu: he does a superficial 1st take of anything and leaves it at that.
mircea_popescu: benkay i got news for you. the stuff that makes beer good ? it's shit, man. little craps taking a doodoo in your drink.
mircea_popescu: they're not that stupid to not be able to tell the difference, just need some time to decompress
mircea_popescu: most mistreated cats will actually also come to sanity
mircea_popescu: you may occasionally have to throw one out the window into traffic, but w/e
mircea_popescu: You see dear Internet, Juraj Variny was a simple country boy... you might say a cockeyed optimist, who got himself mixed up in the high stakes game of world diplomacy and international intrigue.
mircea_popescu: so you know... ATC/ALT getting more hash than doge serves a good purpose in the end.
mircea_popescu: you want them to eat ltc's lunch to some degree, much like you want about 50 other groups to start their own, doge-food eating bitcoin killers.
mircea_popescu: the actual correct move is to simply support other alternatives to burn their underbase.
mircea_popescu: ironically, while the correct move may seem to be to support ltc to crush them back into the swamp,
mircea_popescu: so basically what we have here, is "everyone" in the sense of "everyone that goes to tech conferences in SF and reads techcrunch religiously" figures they can take over this novel idea.
mircea_popescu: that they will be crushed by much larger things that exist independent of their knowledge or understanding is about as aliento them as mpex customers to jimmothey
mircea_popescu: the va circus, as hopelessly fucked as they are, imagine that "all entrepreneurship" is... well... them.
mircea_popescu: in principle, every circlejerk imagines itself "the only thing out there". like, the us thinks it's "the world". any us court thinks it has universal jurisdiction. any us politician thinks that his decisions matter universally.
mircea_popescu: because if you get more fuckwits to retweet your inane shit you will thus therefore be "bigger" and "more important" than people with fewer retweets.
mircea_popescu: ant will kill rhino, skin it, wear the skin as king of the jungle.
mircea_popescu: they are attacking bitcoin. perhaps in the manner an ant attacks a rhino, but nevertheless. as far as the ant is concerned, in its own system of representations, that's what's going on.
☟︎ mircea_popescu: "There are more transactions of the cryptocurrency than Bitcoin, although it is only worth a tiny fraction of Bitcoin."
mircea_popescu: most nobody even noticed, or cared. except for the finest tuned of watchdogs or w/e
mircea_popescu: basically bitcoin got attacked in 2013 by the most unlikely of sources : the dieing start-up circus.
☟︎ mircea_popescu: benkay seriously tho, im pretty sure it was in a mpoe report. prolly died summer 2013 ?
mircea_popescu: (dude this is so cool, i'ma do a series of i don't remember / i don't recall and be just like a real banker nao!)
mircea_popescu: jesus yeah, there was a distinct set that died horribly. ie, with the mm taking it up the ass.