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mircea_popescu: Namworld in honestly hexediting seems a little hardcore
mircea_popescu: yeah i guess so. maybe one of the bloggers recounts it sometime.
mircea_popescu: qxzn probably not past a number of scammer threads on the forum.
mircea_popescu: asciilifeform nah because burned boards w/o such bridge were seen
mircea_popescu: and moreover it seems the majority of people i showed the pics to say those aren't electrolytic but ceramic
mircea_popescu: jborkl originally it looked like caps just popped but the history since then does nto bear it out
mircea_popescu: kakobrekla the current theory i'm crediting is that the boards have bad metal masks in a spot, and it slowly melts the insulation
mircea_popescu: if all the boards burn its not the capacitors, it's not the power, it's the board.
mircea_popescu: on the basis of this we could say "the community" is sometime between 12k and 7k BC
mircea_popescu: basically the very primitive understanding of freedom has serious trouble coming to terms with the ancient procedure of labour division
mircea_popescu: because everyone gains when nobody does his job well because he's too busy trying to do poorly the jobs of others.
mircea_popescu: ;;google "a company for carrying out an undertaking of great advantage, but nobody to know what it is"
☟︎ mircea_popescu: and now i shall be off scarfing smoked salmon and fresh apple pie seasoned with free market tears. bbs.
mircea_popescu: this is at least the proven=to=work italian model the modern system is copying.
mircea_popescu: anyway. something like ripple (and tf's abuse thereof) clearly showed what the problems are with trying to get a distributed trust model going.
mircea_popescu: pankkake that's you know, like "cancer will get you" for the gunshot wound patient
mircea_popescu: i meant as a pure concept. could such a thing be conceived
mircea_popescu: so you envisage a distributed replacement that's NOT at the same time an accountable ledger ?
mircea_popescu: i mean other than "Well different implementations of the same concept"
mircea_popescu: that problem exists like gravity exists. if you have it you gotta solve it. which is why the article focuses on the blockchain : if you're doing distributed anything, you have the bizantine poblem.
mircea_popescu: the blockchain is fundamentally a solution to the bizantine problem
mircea_popescu: ThickAsThieves no, im done with the "free market of retards" concept. anyway, re the colored coins :
mircea_popescu: i dunno how it can be made clearer. "free market" indeed.
mircea_popescu: and a bunch of rich powerful people are here to fuck you in the mouth until you bleed
mircea_popescu: if this process is allowed to become "what Bitcoin is" then Bitcoin will never be anything.
mircea_popescu: forum retards move to what SEEMS TO THEM a better alternative.
mircea_popescu: anyway, "<jurov> burnside's not sure if he can reliably wipe all passwords" << no, just not sure how to cleanly remove the "give scammers fake btc to fake their volume" code.
mircea_popescu: my argument is that you are ill equipped to consider things, as displayed by the very dubious generalisation you just tripped yourself with.
mircea_popescu: a collectiojn of idiots being confused about what they do != a free market.
mircea_popescu: to start his own WEBSITE which he misrepresents as an exchange.
mircea_popescu: skinnkavaj they had very huge fees. he is not rich. go figure.
mircea_popescu: moreover, poor idiots should not have access to code that SEEMS like it's doing something of that nature.
mircea_popescu: burnside is poor now, for one. his btct never made anything for the mention, for the other.
mircea_popescu: skinnkavaj no it was about the btctc "you're already rich" thing
mircea_popescu: anyway. the code contained a lot of good bits including enough info to reconstruct a pw.
mircea_popescu: supposedly if you torrent some movie you're also open sourcing it, cause you don't need a license in the first place to cede rights.
mircea_popescu: in what his foggy brain represented as "open sourcing",
mircea_popescu: after which one of them, the fabled amir taaki, stole the code and published it
mircea_popescu: ThickAsThieves the relevant bit there is, after the third time bitcoinica was raped, the "bitcoin consultancy" group of dorks self proclaimed into importance & relevance decided to shut it down.
mircea_popescu: skinnkavaj hasa a very interesting take on the world :D
mircea_popescu: i suspect it's quite possible none of the recent kids ever got to use desktops and simply don't know the glory of comfort.
mircea_popescu: dude... kids today. long time on a laptop is fucking egonomics suicide.
mircea_popescu: "kept to himself and spent full days buried in his laptop."
mircea_popescu: anyway. mebbe it works out for you, but i'd keep on toes.
mircea_popescu: lol. im sorry, but i have to rely on reams of intel. i can't personalyl know everyone.
mircea_popescu: heh. anyone ELSE work there outside of that burlet fellow ?