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mircea_popescu: of course msm would like to make it so it's the other way around.
mircea_popescu: the problem with this is that being a govt official IS immoral,
mircea_popescu: The new BVI data, by contrast, contains more than 200 gigabytes
mircea_popescu: The whistleblowing group WikiLeaks caused a storm of controversy in 2010 when it was able to download almost two gigabytes of leaked US military and diplomatic files.
mircea_popescu: contrary to what people of walmart may lead you to believe,
mircea_popescu: 1. pretty much all bartenders are fuckable chicks ; 2. they buy me drinks like it's their bar and i'm their bro.
mircea_popescu: Mircea Popescu @Mircea_Popescu 54s @AdamPosen What are you, like some sort of retard with a high self esteem ?
mircea_popescu: Adam Posen @AdamPosen (President, Peterson Institute for International Economics; member Bank of England MPC 2009-12; advises central banks & governments; proclaiming on policy daily) : #gold is the investment for silly people. #bitcoin is gold for people who don't save. Please make it go away. pic.twitter.com/UdbbxCiNXD
mircea_popescu: also 4000 per episode ?! bwagagagaga who the fuck does this ?
mircea_popescu: this was originally good and needed, because people needed to arrange backing.
mircea_popescu: taub it's been traditional in fiat to halt trading after drops
mircea_popescu: then the latency to move txs around could actually account for some of the uncofirmed pile
mircea_popescu: jborkl i am thinking : if they aren't well distributed (ie, concentrated in major dc hubs)
mircea_popescu: what with the decrease in nodes it could be actually connectivity issues that prevent txs from making it into mempools
mircea_popescu: moreover, as shockingly crummy service this is, it's not much outside of mtgox normal range.
mircea_popescu: they demo'd a box of fans and then their board is passive cooled ?!
mircea_popescu: so im looking at the bfl asic and all i can think of is
mircea_popescu: so far mtgox is a half-baked buggy implementation of capital controls.
mircea_popescu: which turns out to be critical when idiocy like the recent bubble strikes.
mircea_popescu: the fact they suck creates a lot of friction, which insulates us
mircea_popescu: but anyway : i will dare say that a functioning exchange would be a serious problem at this point.
mircea_popescu: jcpham because he helps bitcoin be more like the shithole he lives in
mircea_popescu: dub won't happen, because people have absolutely no preference for quality.
mircea_popescu: the other "survivor", bitfloor, lost millions of users funds
mircea_popescu: whereby they have a bunch of bitcoinica funds which two parties are disputing in nz and ca
mircea_popescu: currently they're also involved into a mess not of their making
mircea_popescu: they offered the theory that they don't need licensing because bitcoin
mircea_popescu: taub had a bank account in france, french authority investigated them