417500+ entries in 0.267s

trinque: I dunno if I like having some kind of mob social mechanism
to declare coins uncoined
ascii_field: spoiler:
the anti-bomb is
to make satoshi's blocks unspendable.
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"
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
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.
mircea_popescu: check it out
thestringpuller you got better score
than orlov.
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.
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 )
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.
kakobrekla: insane keep
their coins, sane wont
touch exchanges
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 )
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: 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
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: 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"
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: 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
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'
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"