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mircea_popescu: He went to the experts. Specifically, he went to Reddit's r/Bitcoin to ask them what the fuss was about.
mircea_popescu: Before Sen. Jerry Moran (R-Kan.) addressed his colleagues about Bitcoin Tuesday, he did what any person in power who's a little confused about a complicated should do.
mircea_popescu: as if there ever existed a twitterho that'd have eschewed linking their 50 follower twitter account to that announcement.
mircea_popescu: the guy actually went to the trouble to get yet another sock out of noob jail because one more sock, one more vote, and this works in bitcoin.
mircea_popescu: if np stands for no problem, the mp stands for my pleasure ?
mircea_popescu: Arnold Schwarzenegger agreed to appear in a mega-budget historical adventure called Crusades for Mario Kassar's company Carolco Pictures. When the projected budget went past $200 million, financing collapsed, despite pre-production expenditure of $20 million. Instead of collecting his play-or-pay $15 million, Schwarzenegger asked for all rights to the script in the hope that one day he could get it made.
mircea_popescu: as it works with bitbet, i am here to receive all praise please. if anything breaks or malfunctions then talk to asciilifeform
mircea_popescu: but yeah the idea is to keep modularity. we want to be able to reuse as much as possible of trhe shiot we make in other things down the road.
mircea_popescu: deadweasel actually it's probably going to be useful in the sense that it makes it easy to learn i think
mircea_popescu: pankkake thanks for that, i sent it along to pr. expect to see it on forum a lot.
mircea_popescu: im telling you, these waffles are proof in the pudding.
mircea_popescu: i think my wafflemaker is trying to infect my fridge with these patterns right here.
mircea_popescu: asciilifeform hey, what ever happened to that guy working on the magical badvirus thingee ?
mircea_popescu: ThickAsThieves this isn't rapunzel, this is snowwhite.
mircea_popescu: allow expanding of blocks to arbitrary size, keep only most recent X blocks, suddenly you can compete with visa.
mircea_popescu: one of those "very clear even if minor improvements over bitcoin " could well be devising a method so only a rolling window of the blockchain needs to be maintained.
mircea_popescu: was one so bad in the 70s about a fifth of the capital died.
mircea_popescu: yeah. i live in a part of romania where there never was a quake.
mircea_popescu: i guess there'd be a little gamma from the rebars, but really, they insulate quite well.
mircea_popescu: actually the soviet style fully concrete stuff is great for in case of nuclear bombing
mircea_popescu: houses here mostly consist of concrete foundation + brick (or cellular concrete)
mircea_popescu: there's never been a fire here. most everything is concrete prefab
mircea_popescu: (this happened recently, and the city got stuck with placing the people somewhere)
mircea_popescu: which includes shit like, gas leak explosion cause old alzheimer sufferer that didn't get taken to a home and lived alone forgot the stove on
mircea_popescu: but people expect the govt to rebuild their house or give them a new one in case of natural disasters
mircea_popescu: they introduced a mandatory ~15 dollars/year here a few years back and people werer about to riot.
mircea_popescu: you know, i took about 8 lbs of various coins to the bank, fully expecting them to bitch
mircea_popescu: most everyone i talk to wants to go in a la hruschev, shoe on table, "this is how much the shares go for"
mircea_popescu: pascal2571 i guess people don't trust in the market's pricing abilities.
mircea_popescu: because not enough parents have stepped on disjointed metal parts enough yet.
mircea_popescu: asciilifeform you'd need a blockchain for workfunctions.