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mircea_popescu: i think this is literally the only place on earth where people prepay.
mircea_popescu: yeah, mining equipment is not yet buyable i dont think
mircea_popescu: sure, it makes icecream trucks, which are the only practical way to deliver icecream
mircea_popescu: i dunno, it's like insisting icecreamtrucks are particularly relevant to automotive industry.
mircea_popescu: while its true bitcoin serves it exceedinly well, it's untrue that this is representative for bitcoin.
mircea_popescu: 2. silkroad is a vanishingly irrelevant application of bitcoin.
mircea_popescu: 1. whatever subculture thinks is related to bitcoin is wrong.
mircea_popescu: however, beating the old cyberpunk + silkroad horse is getting old.
mircea_popescu: the "implications" are nonsense, and the how-to guide is out of date
mircea_popescu: it gives a rehash of history that might have been interesting in 2011
mircea_popescu: seriously, the bitcoin detractor bunch has some bullshit written 18 months ago and is still rehashing it ?
mircea_popescu: This article was commissioned by Bitcoin Weekly, which ultimately decided to not run it1; it is based on my experiences May-June 2011
mircea_popescu: Bugpowder basically big deal, you got set back to early jan
mircea_popescu: Bugpowder you know s.mpoe made like 500 one month nobody sold
mircea_popescu: new rule "if from contains amazonses.com discard message".
mircea_popescu: ima end up putting up a page filledwith what ppl living there tell me
mircea_popescu: the us press is literally the new soviet press i swear.
mircea_popescu: now... silence. it's gonna go over 10 in a coupla years and it'll still be silent.
mircea_popescu: when bush was president it went over 3.5 after katrina, you could not read anything but how gas is over 3.5
mircea_popescu: sorta like thinking all moon landing needs is some riveters and welders.