476400+ entries in 2.043s

pete_dushenski: "And for
the love of
technology, please set up a strong passcode." << what strong 4-digit passcode ?
mircea_popescu: asciilifeform aside
the fact
that deletant is pretty much a color revolutions expert in history rewriting, sure.
pete_dushenski: asciilifeform: hm i guess my hypothesis is
that usg won't claim enough of remaining unmined btc
to
throw a wrench in
the individual sovereignty of
those in #b-a.
mircea_popescu: asciilifeform apparently
there's no russian note of
this, at least on
the web i see, but anyway : when patrascanu & co went
to moscow
to
try and work out an armistice, molotov broke
the drone with a very pointed "ce ati cautat la stalingrad ?"
cazalla: not when
they're
the ones sending
them
mircea_popescu: well,
the romanians needed a peace
that didn't consist of rape.
mircea_popescu: it's not like, oh, i need something from him. i don't. he needs shit from me, in
the future, and he won't get it, and
the reason is exactly right here.
mircea_popescu: dja know what stalin's representative
told
the romanian peace delegation after
the war ?
mircea_popescu: does usg-effective mean "bitcoin needs a decision making process which a) doesn't include mp as we've been pretending was
the case all along and b) overrepresents us, as we've idem" ?
assbot: Logged on 13-05-2015 21:27:38; asciilifeform: re: l0ltr0n1cs:
today i found out
that ed felten (formerly 'freedom
to
tinker' blog, lawsuits against riaa, etc.) has been a usg stooge for several years now.
danielpbarron: i posted a link
to chat
through an "anonymous"
twitter account named SWARMsecret
pete_dushenski: mircea_popescu: ok,
then obtaining confirmations for said double-spend
transaction ?
jurov: btw, large lcd eats easily more
than classic crt
assbot: Logged on 13-05-2015 20:25:33; Naphex:
that kindly asking for stuff is so weka
mircea_popescu: i can make a doublespend right now, what's
to keep me ?!
jurov: asciilifeform: sry, my calculation is broken, it is 5W per 20 chips. but with
the a/c and other overhead, can still be several
times more
pete_dushenski: asciilifeform: here's
the
test : within 12 months (or 12 years ?),
the 'usg' will be unable
to double-spend a bitcoin
transaction.
assbot: Logged on 13-05-2015 20:07:27; jurov:
to cry, or
to laugh?
assbot: Logged on 13-05-2015 19:16:48; lobbes: 'There’s a fairness issue involved here.' <<
there's
that 'fair'
trope again
pete_dushenski: asciilifeform: another problem with
the "oh noes usg" card is
that, as you well know, it's not monolithic.
the infighting over any coins it gets its hands on will be considerable. and divisive.
mircea_popescu: takes his cock out and asks "you got something
to match
this ?"
mircea_popescu: so
this stunner chick is working in a clothes shop. one day a guy comes in, goes straight for her,
pete_dushenski: asciilifeform: my counter is
that calc ^. so within 100 years, usg is as deadly as pirate or karpeles !
trinque: asciilifeform:
this is practically
the salvation myth
trinque: feels good, gives
them what
they deserve or whatever
trinque: I understand why people would want
to
think of
the US as
this fat, incapable beast
that happened as some fluke
pete_dushenski: asciilifeform: who leads ? i dunno. doesn't israel have some chip fab facilities ? other
than
that, china.
danielpbarron: who would accept a
transaction from USG ? and why should I feel sorry for
them?
pete_dushenski: showing up
to
the
train station when
the steam engine is but a distant memory and
the caboose is over
the horizon, with no other
train on
the schedule, means you either start building your own
train (blockchain
teckmologee) or you stfu and go back
to working
the land.
danielpbarron: 51% attack is
the most credible
threat, and even
then
they can't FIATize bitcoin (they can't break
the rules)
jurov: actually is
the 100W heat needs
to be A/C'd out, it may end up 300-400watt per one box!
pete_dushenski: all i know is
that '21 inc' sure as fuck isn't disrupting my sleep ad libitum.
danielpbarron: the
tv box miner must operate at a net loss (i get it
the chump bears
that cost, but eventually
the wealth runs out ie: chump runs out of money)
jurov: but i keep hearing how
the grid is in shabby condition
jurov: asciilifeform: and where usg gets
the extra
terawatt?
pete_dushenski: each has 3
teeth, do
they share
them
to make a bigger bite ?
danielpbarron: i don't have a problem with USG getting 1/3 of all
the bitcoin;
the can only spend it once
☟︎ danielpbarron: i
thought
the point of
that essay was
that bitcoin is
the grand exception --
the cake
that can't be
taken
trinque: that is not how generals speak
to each other
pete_dushenski: in any event, if
the usg ends up with 18% of hashrate, albeit briefly, and
throwing
the kitchen sink at
the
the
thing in
the process, it would be about
time
they did something so productive.
trinque: "victory is inevitable" is what you
tell
the soldiers, sure
danielpbarron: USG would have
to further inflate
the dollar
to do
that
pete_dushenski: asciilifeform: basis is 1/10 of increase of 2014. seems reasonable
to me.
danielpbarron: can't it only end up benefitting bitcoin
to have more hashing power? (regardless of who is adding it?)