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mircea_popescu: fact is, the us has zero worldwide brands in the sense that china has baidu and doesn't care about google.
mircea_popescu: LameCoin- because by "worldwide" you count a pool of 2-300mn people nobody cares abnout.
mircea_popescu: the problem seems to be you're mingling a lot of assumptions crafted for comfort into your estimations.
mircea_popescu: products are not the point. you were discussing macroeconomy.
mircea_popescu: but that's a minor point comparing to the other hairs sticking out of the code
mircea_popescu: if it settles in bitcoin it doesn't even matter if the world uses zimbabwe dollars.
mircea_popescu: LameCoin- notional derivative trade is literally boundless.
mircea_popescu: i'd better start remembering at least the motherfucking titles.
mircea_popescu: midnightmagic you still got any coins minted a year or two ago ?
mircea_popescu: LameCoin- i know at least a coupla people here who held, so it'd be above 1% for sure :)
mircea_popescu: there's a lot of paradoxical movement (dub was referring one of the more documented types recentyl)
mircea_popescu: LameCoin- it's a weak supposition this, linear generalisation from fiat to bitcoin markets. we're still working at getting the hang of this
mircea_popescu: midnightmagic point of fact is, the only way we know how much implementing it cost is by devteam saying "we spent 5 hours doing this"
mircea_popescu: LameCoin- do you mean .1% by headcount or by coincount ?
mircea_popescu: midnightmagic sadly power-ranger team has not the time to do any auditing or reporting, so no.
mircea_popescu: LameCoin- this is true. i'm just saying, i think a lot more people held btc than .1%
mircea_popescu: midnightmagic do you have the figure for "how much unencrypted wallet.dat" cost ?
mircea_popescu: i learned about it when it was 15. bought like 1k worth
mircea_popescu: LameCoin- they would if they could. so far their consensus seems to be they're not smart enough to do it.
mircea_popescu: that's what midnightmagic means by concorde fallacy : the mistaken idea that the current codebase is useful because it cost people a lot of money through all the bugs it pushed on them so far.
mircea_popescu: LameCoin- i mean that's what's coming next, "guise our shit has taken too much blood sweat and tears to be abandoned and we should forever wallow in it"
mircea_popescu: preparing for the "too big to fail" arguments, it'll be a warm summer.
mircea_popescu: when they're barely qualified to write code. but anyway :
mircea_popescu: is ample proof this wasn't even seriously considered, let alone settled.
mircea_popescu: just the butthurt when somebody finally says, wait, you think you people matter ?!
mircea_popescu: but not really. the burried problems that caused the fork however most definitely will end btcoin if unadressed.
mircea_popescu: LameCoin- that fork itself could have festered if anyone ddosed the attacking pool.
mircea_popescu: LameCoin- it's closer to vienna than bucharest indeed.
mircea_popescu: back in 2007 it became obvious the us is sinking. didn't want to be on that part of the world. had to go somewhere.
mircea_popescu: alternatively, some people don't like me. they run things into the ground.
mircea_popescu: Luke-Jr he's somehow bothered with everyone mocking you for trying your damnest to pass yourself off as a dev
mircea_popescu: well that's unfortunate for them because i happen to be better at politics than they're at coding.