log☇︎
417500+ entries in 0.267s
trinque: I dunno if I like having some kind of mob social mechanism to declare coins uncoined
ascii_field: that would be the only surviving fork!
ascii_field: but if the bomb fell,
trinque: yep, read that too
ascii_field: (and yes, that's forkspeak)
ascii_field: spoiler: the anti-bomb is to make satoshi's blocks unspendable.
ascii_field: trinque: read to the end.
trinque: perhaps that was a veiled threat to use the bomb
trinque: ascii_field: ah yep, read that. and it wouldn't surprise me if A was an intentional kill switch, even less so with the hypothetical "failed project"
thestringpuller: pedo the goat is the thailand guy right?
mircea_popescu: mike the goat is not the same as pedo the goat.
BingoBoingo: <ascii_field> felipelalli: i have no idea, but iirc mircea_popescu dislikes him << Two different goats
mike_c: my mother thought I should be a lawyer
mircea_popescu: i hope me and mike_c die in the same plane crash and i get to hear him talk it over with ol' paulie.
mike_c: Meaning the fixing was only worth doing for a smaller number of years.
mike_c: Not exactly five years - It's a lot of work. This work wasn't necessarily worth it before enough people took the right notice and the project got some traction
mircea_popescu: but my involvement in bitcoin has been deeply educative through example
assbot: Loper OS » On the fact that Bitcoin has a Kill Switch; and how to disconnect it. ... ( http://bit.ly/1fsImk2 )
mircea_popescu: i have no idea how any man can have the patience.
mike_c: yeah, but, we're fixing the napkin. plz don't blow it up yet mr. satoshi.
mircea_popescu: dja understand any minor mistake the man made PROTOTYPING is now preserved in billion dollars' worth of amber ?
ascii_field: trinque: wonder if 'blow all up' would result in my ancient satoshicalypse pill being dug up and put to use
mircea_popescu: mike_c "some reason" aka it's fucking stupid and who the fuck does this to people, takes their napkin sketches and puts it in a frame above the mantelpiece!
trinque: ascii_field: damn, wouldn't that be a thing to watch.
mike_c: could yes, but it feels like he'd be more likely to blow the whole fucking thing up for some reason rather than use his coins to influence policy.
BingoBoingo: ascii_field: Just found out about it coming back from mowing lawns. KMOX was talking about it. If Crown Candy Kitchen survives not much elso of value in North city
mike_c: satoshi seems to just be holding the detonate button.
mircea_popescu: thoughts ? what thoughts. this is abuse. you want 12-c down the hall for thoughts.
felipelalli: thank you guys for the thoughts!
mircea_popescu: check it out thestringpuller you got better score than orlov.
mircea_popescu: well, teh frist 8 words stand, at any rate.
thestringpuller: whether people like that or not is irrelevant
thestringpuller: miners are the bitch of the economic majority which is MP, he decides.
mircea_popescu: felipelalli that's exactly it : there can only be one, and miners don't pick it. mike has it.
mircea_popescu: it's a great faith for the defeated, and always popular with them
mike_c: But miners don't get to pick it
mircea_popescu: christianity took over the decaying roman empire as the most concise, most popular embodiment of their hope and aspiration. the only such remaining - that even as they've failed, they still must survive "for there's nothing else".
felipelalli: punkman, this is true, and this is my main use of Bitcoin. I wouldn't be affected. Good point. But this is a little contradictory with the article "there is no such thing as cryptocurrencies". The idea is "There Can Be Only One"
trinque: hm, this brings to mind monotheism, as perhaps the source of this delusion of a singular agency over reality
mircea_popescu: and has so appeared, since before the greeks were invented.
punkman: felipelalli: nobody can steal your coins if you just sit on them and don't spend for a while
mircea_popescu: lemme put it plainly : if this were a unipolar world, it's not that bitcoin wouldn't exist. it's that it COULDNT.
ascii_field: mircea_popescu: except when they do
mircea_popescu: because it's their fucking car, and because if they fuck it up they don't get another one.
mircea_popescu: yet lo and behold that not so many people drive their car through other people's doors.
assbot: The woes of Altcoin, or why there is no such thing as "cryptocurrencies" on Trilema - A blog by Mircea Popescu. ... ( http://bit.ly/1fsGWG5 )
felipelalli: mircea_popescu, I fully understood your point on that part, but it does not answer what if the miners decide to attack the actual Bitcoin making double spends, reverting transactions etc. They'll have this power. Read http://trilema.com/2014/the-woes-of-altcoin-or-why-there-is-no-such-thing-as-cryptocurrencies/
mircea_popescu: what's to keep him from doing this ?
mircea_popescu: that said, yes, people who disregard their own property can "mess around" with your property. for instance, a guy that doesn't give a shit about his 50k car can drive it through your front door.
ascii_field: ;;later tell BingoBoingo how's the riot
kakobrekla: insane keep their coins, sane wont touch exchanges
mircea_popescu: you couldn't find that on your own for some reason ?
assbot: Let's address some of the more common pseudo-arguments raised by the very stupid people that like the Gavin scamcoin proposal on Trilema - A blog by Mircea Popescu. ... ( http://bit.ly/1fsGAzl )
kakobrekla: i think gavins version uses 90%
mike_c: how long does that last?
mike_c: in the meantime, everyone sane forks their coins, dumps the scam coin, and now the 60% miners are mining worthless coins.
kakobrekla: afaik you need 75% +2week for switch to work
felipelalli: trinque, I know, but vulnerable. Miners could use a portion of their hashpower just to mess around with the actual Bitcoin.
mike_c: majority of miners = 60%? Then 40% of miners stay on bitcoin and blocks take.. 25 minutes?
trinque: felipelalli: so then the actual bitcoin has fewer miners.
felipelalli: mircea_popescu, in other words: the decision of majority of miners could literally kill the actual Bitcoin. Make it unusable.
trinque: but then the agency there is just a metaphor, so I can see the argument that nothing was "taken over"
felipelalli: idea of that other article of yours "The woes of Altcoin, or why there is no such thing as "cryptocurrencies"")
felipelalli: mircea_popescu, I read your articles. Actually I had read some parts before, but I read all over again. Unfortunately I didn't find the answer to my question. I understand that if miners just point to a "Scamcoin" (fork from Bitcoin) this is not Bitcoin, of course. But having them more hashpower, and the same type of hash function, this does not make the actual Bitcoin an "altcoin" and them vulnerable to attacks? (following the
trinque: sorta like a septic line taking over a basement
ascii_field: in the sense that one ends up going to considerable lengths if wishing to avoid contact with it
ascii_field: mircea_popescu: i think 'take over' here is in the sense microshit took over pc
ascii_field: but will try anyway
thestringpuller: ;;later tell BingoBoingo http://dpaste.com/08WQAC0.txt
ascii_field: i must have some 'css' filter in my skull that makes orlov make sense
mircea_popescu: would you say this means "hanging has taken over the us" ?
mircea_popescu: if tomorrow all white dudes in the us go hang themselves, leaving all the black dudes
mircea_popescu: ascii_field "takes over" is not how you say this.
ascii_field: and, naturally, while the herring in the scania sounds.
ascii_field: trinque: for so long as it is displacing 'optional' items, rather than air, food (and can take considerable liberties with the latter!) - it lasts
trinque tries to eat a farmville vegetable
ascii_field: wankatronics ('web 2') takes over
mircea_popescu: how does this answer eiother a or b ?
ascii_field: sorta why i brought it up re: the simulacra thread.
ascii_field: nah, makes sense - build 100x fewer cars, let lusers watch films of cars, go 'vroom' in their minds
mircea_popescu: a) what takes over ; b) what less and less. for starters.
mircea_popescu: " What neither side seems to grasp is this: as the virtualized realm of cyberreality and social networking takes over daily life, the actual physical economy will matter less and less"
ascii_field: mircea_popescu: third
trinque: heh, I've hoped for this as well. wishful thinking.
ascii_field: mr o, it appears, has somehow baked his whole mind around the idea that climatocalypse will cleanse away the sins of mankind
mircea_popescu: which paragraph am i to start reading?
mircea_popescu: i guess you'll have to provide offsets with your orlov links nao
ascii_field: i don't barf from religion unless it genuinely interferes with the subject matter
mircea_popescu: you quoted it to me ?
ascii_field: mircea_popescu: just now noticed that one ?
mircea_popescu: events that increase in frequency due to the rapidly destabilizing climate." <<< ascii_field i'm sorry, what ?
mircea_popescu: "With each passing week more and more of us become ready to concede that economic growth is no longer possible. Economic de­velopment, on the old model, which UN Sec­retary Ban Ki-moon recently characterized as a “global suicide pact,” is becoming con­strained by the limits of natural resources of the finite planet, energy, arable land and fresh water foremost among them, and stressed further by extreme weather
mircea_popescu: but to my own head it's a huge step forward. i guess i was coming at the internet from the wrong perspective. took a while to clear in my head heh.
mircea_popescu: well, i guess it's not novel nor really anything but the most banal observation.
ascii_field: kakobrekla: do the nauseating colours ~have~ to be default ?
ascii_field: orlov worked this subject in his hilarious 'dead souls'
mircea_popescu: so basically... yeah. the www is the new ghetto.
ascii_field: any more than there is enough toyota to 'go around' in zimbabwe
mircea_popescu: the moment you have go around in the sentence you've made it about "giving stuff to people who haven't earned it"
mircea_popescu: of course there isn'rt roflmao. what "go around" !