438700+ entries in 0.12s
mircea_popescu: sure it can. research that's not justified economically happens all the time
mircea_popescu: sorta like someone selling haagen dasz icecream made in nj as "classy" yurpean stuff.
mircea_popescu: the bs going on currently is cannibalizing some of btc's perception for private gain
mircea_popescu: well yes it was. glbse practically consisted of pirate passthroughs and mining farms.
mircea_popescu: completely blindsides market, it's hysterical to watch reactions etc.
mircea_popescu: out of nowhere comes this dood, and suddenly his corp is larger than all the asic producers together
mircea_popescu: he's amusing to me because looky here : the consensus was that mining corps are the big deal.
mircea_popescu: "not including" the filling in the donut is pracrtically speaking not including yourself among the donut makers.
mircea_popescu: i know you like bitcoin in principle. but in practical terms, it's useless other than because its that thing where sdice happens.
mircea_popescu: you'll at some point have to come to terms with the cold reality that about half of bitcoin's utility atm is s.dice
mircea_popescu: the incentive really is against including miners who don't ihnclude transactions into bitcoin.
mircea_popescu: contrary to what the people who think they know better think, their fall into oblivion will be immediate.
mircea_popescu: i guess at some point the split between the people who matter and the people who think they know better is inevitable
mircea_popescu: but you're welcome to establish it through experience if simple theory doesn't cut it for ya.
mircea_popescu: nobody's to evaluate the value of keeping a tx in the blockchain
mircea_popescu: this is just posturing on the strength of the block reward being still large-ish
mircea_popescu: the moment bitcoin is not transaction agnostic it might as well be dead.
mircea_popescu: im not too concerned about miners deciding to ruin bitcoin.
mircea_popescu: i always had my differences resolved by overwhelming forcve.
mircea_popescu: but i know i resented at that age the implication of equality in this method
mircea_popescu: but going around punching people is not too classy now is it.
mircea_popescu: nobody punched anybody over class lol. at most they furrowed their brows and whined privately.
mircea_popescu: im sure canada is just as classless as the rest of the world, that's what we have the internet for
mircea_popescu: her audience is simply the world. she's not old enough to know y'all aren't worth the trouble yet.
mircea_popescu: you actually care tghat you're sitting where some other chick sat ?!
mircea_popescu: sure. you can't eat with women you've seen the ass of ?
mircea_popescu: it's not rational, it's quite the opposite. but it has a historical record of conservation success.
mircea_popescu: voting is just a cheap method of statistically obtaining a call from the multitude.
mircea_popescu: for that matter, women don't pick men rationally either.
mircea_popescu: voters never are and never were capable of rational decision. that's not how voting works.
mircea_popescu: Dr-X thing is i was of the same persuasion before discovering btc.
mircea_popescu: they're getting riots almost on par with the us by now.
mircea_popescu: irl i couldn't do it, and so i assume nobody else can either.
mircea_popescu: i mean, i could do it in btc, cause it's small and people are idiots
mircea_popescu: plenty of dead walking, and it's impossible not to do business with them
mircea_popescu: basically this is exactly btc economy cca july : everyone's balance sheets were all time flush with cash
mircea_popescu: no, they won't fail, they just poison the economy with worthless receipts
mircea_popescu: Bugpowder not if you properly account for the currency risk
mircea_popescu: i wonder how many irl businesses are still making profit
mircea_popescu: Dr-X they're purely btc businesses. the dollar don't enter into it.
mircea_popescu: Namworld not a bad idea. it's a pay as much as you want 30 days rotator deal.
mircea_popescu: s,mpoe went up like 3000% while the btc went up like 300% in dollars.