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mircea_popescu: people like gmaxwell, hearn, luke etc are just dead weight
mircea_popescu: the problem is most of the people who think they're devs for no reason aren;t out yet.
mircea_popescu: most of the people who had bitcoin for no reason are out, thanks to pirate and the other scasmmers
mircea_popescu: by the sort of idiots that also broke the way bitcoind creates txns
mircea_popescu: dub for the arbitrarily stupid 250k block limit baked in
mircea_popescu: the network works fine with sd. what it doesn't work fine with is the appalingly poor quality of coding
mircea_popescu: this incidentallty shows clearly how misplaced all the sd trolling is.
mircea_popescu: "the poor aren't voting to steal from the rich because they've not been sufficiently explaining the benefits of theft"
mircea_popescu: <jborkl> the majority with money agree, the rest dont count << this guy is mircea_popescu
mircea_popescu: as soon as they start thinking they know what *should* be what
mircea_popescu: as long as people submit to natural law the take over the world.
mircea_popescu: the soviet union, the united soviets of america, the blabla
mircea_popescu: dub the only reason capitalism failed was because idiots with "should" abandoned it
mircea_popescu: jborkl i think he's trying to make sense of that position.
mircea_popescu: the only shoulds here are the devs should stfu and fix bitcoind.
mircea_popescu: nobody has license to come out with the sort of bullshit "shoulds"
mircea_popescu: dub the only thing that's going to break it is pseudo-governmental posturing.
mircea_popescu: as long as it's useful for something, that's what it's for.
mircea_popescu: moreover, who the fuck said what the blockchain is for ?
mircea_popescu: the day we go in the marketplace with a workable solution that would crtumble amex
mircea_popescu: thinking in terms of "you" and pretending to be involved in bitcoin is the ultimate lulz.
mircea_popescu: the reason you cash out after every bet is that there's no "you"
mircea_popescu: dub mpex uses the blockchain for accounting a different way.
mircea_popescu: some people were on a kick of "bitbet should charge less"
mircea_popescu: yeah, sure, i'm not keeping 10k worth of pipe as a hot and ready to go backup, i admit
mircea_popescu: that the bot later was w/o a feed cause mtgox went bananas is a diff story
mircea_popescu: just the fact that traders could close > 50k btc worth of option positions normally whiole mpex was being ddosed to hell
mircea_popescu: jborkl the only disputer was, "will it be government or not"
mircea_popescu: proving that mpex can't be effectually attacked is part of the game
mircea_popescu: understand : this was planned for. sooner or later someone was going to attack mpex.
mircea_popescu: im too busy to investigate exactly wtf happned to them right now
mircea_popescu: this of course has no bearing on the new pipe coming online.
mircea_popescu: in the middle of installing gear so might not be the best time
mircea_popescu: and contrary to what everyone thinks, great ideas also need sane management to get anywhere.
mircea_popescu: you can take a string and encrypt it with mpex key right now
mircea_popescu: mod6 listen, the pastebins would be encrypted with mpex key
mircea_popescu: but if someone breaks pgp in 2049, what do they get ? a lot of BUY|S.BLABLA|350|45000 ?