487200+ entries in 0.316s
williamdunne: ben_vulpes: I
too have
the capability
to write, even if I'm not as eloquent as most here
mircea_popescu: i have nfi why
this is
the case, seeing how on
the plain consideration immutability is a very retarded concept,
mircea_popescu: ben_vulpes
there's a wider point here btw :
the internet has been slowly evolving
towards immutability.
this
trend is visible high and low - curtis yarvin's attempt
to "remake bitcoin in his own yard" did not miss
this point,
the general response of
the fetlife cattle
to
the meatlist is a very sound "internet is immutable",
the wind is
there.
williamdunne: immutable, fungible, non-discriminatory, and
trustless"
williamdunne: "about
the stupidity of using
the blockchain for anything
that does not need
to be:
williamdunne: Okay, Scoop will now fix himself in
the event of my connection dropping
mircea_popescu: either
that or
the banal
that's going
to end up
the canon.
ben_vulpes: our vulgate
then being pieces distilling conversations in
the forum?
ben_vulpes: are you making a reference
to
the bible
translation?
ben_vulpes: i can't believe
that i felt compelled
to write it all out.
ben_vulpes: <mircea_popescu>
turns out i kinda like ben_vulpes blog. << blush
assbot: Logged on 23-04-2015 16:01:16; williamdunne: But in return you have more potential users of your XYZ business, and more potential
to operate profitable businesses
that are less-than-possible in
the fiat world
ben_vulpes: like some derpy nodejs program
that got locked on a single queue
mircea_popescu: now you gotta go back
through
the
turd and pick up my lines :D
mircea_popescu: "endless cycles of printing
that necessitates will do all
that is necessary
to
turn a single Bitcoin into a nuclear sub." << is necessarily going
to ?
assbot: Successfully added a rating of 2 for chetty with note: engineer of
the world
that was.
ben_vulpes: !rate chetty 2 engineer of
the world
that was.
☟︎ assbot: Successfully added a rating of 1 for nanotube with note: runs
the #bitcoin-otc web of
trust.
ben_vulpes: !rate nanotube 1 runs
the #bitcoin-otc web of
trust.
assbot: Successfully updated
the rating for davout from 2
to 3 with note: you wouldn't believe how
this man makes
the girlies eyes
twinkle.
ben_vulpes: !rate davout 3 you wouldn't believe how
this man makes
the girlies eyes
twinkle.
assbot: Successfully updated
the rating for mod6 from 2
to 4 with note: foundation co-chair.
assbot: Successfully updated
the rating for hanbot from 1
to 2 with note: saw
this legendary valkyrie in battle mode one
time.
ben_vulpes: !rate hanbot 2 saw
this legendary valkyrie in battle mode one
time.
assbot: Successfully updated
the rating for mats from 1
to 1 with note: skeptic, sapper.
assbot: Successfully updated
the rating for mthreat from 1
to 2 with note: shared a cab with
this pleasant chap one
time.
ben_vulpes: !rate mthreat 2 shared a cab with
this pleasant chap one
time.
mircea_popescu: depends present day of what. but yes, financially, it's more of a promise-to-impact, since
the shanghai
thing
williamdunne: Much like
the overstatement of China's impact in
the present day
mircea_popescu: really,
the impact of mtgox on anything
to do with bitcoin, its "price" y compris, is broadly overstated.
ben_vulpes is not operating in
threaded mode
today
mircea_popescu: ben_vulpes "and
the Bitcoin ramp
to 1200 proved
to be an artifact of a fractional-reserve exchange, for just
two examples." <<
this doesn't make sense, because
the exchange was fractional in btc not in fiat.
assbot: Successfully updated
the rating for pinkposixpxe from 1
to 1 with note: lent a hand with some bash.
assbot: Successfully updated
the rating for moiety from 2
to 1 with note: rip
assbot: Successfully updated
the rating for asciilifeform from 2
to 4 with note: inventor, dreamer, builder, axe-man.
assbot: Successfully updated
the rating for phf from 2
to 1 with note: lisper.
assbot: Successfully updated
the rating for princessnell from 2
to 1 with note: coulda been a contender.
williamdunne: I've already been blocked from Max Keisers
twitter, seems like I should be proud of it - I don't even remember sending a
tweet
to him
assbot: Successfully updated
the rating for mike_c from 2
to 3 with note: kindred derper in fiat.
mircea_popescu: people who do it intentionally, after we're done with
the clueless set.
mircea_popescu: people who do wrong unintentionally are
to be punished.
assbot: Successfully updated
the rating for kakobrekla from 3
to 4 with note: steward of la srenissima.
mircea_popescu: dry wood is
to be cut off and
taken away. far, far away. in chains.
mircea_popescu: worse, much much worse
than any deliberate scammer.
the naive is
the absolute shit of
the world.
ben_vulpes: mircea_popescu:
ty, i'll have words with
the copyeditor
williamdunne: 1/3 of
the fund will be
trading altcoins.. lol
williamdunne: I feel bad, because
the person he's doing
the 'fund' with is actually a decent guy. Been dragged in with his shit
mircea_popescu: that muppet... i have no idea how he and his gf/announcer aren't in jail over
the auroracoin scam
williamdunne: Max Keiser has started a new 'Crypto Fund' and somehow it has managed
to $-2000 overnight
mircea_popescu: "is
the hallmark of fiat psyops hell-bent on undermining
their control of
the monetary base. " << ben_vulpes come again ?
mircea_popescu: yeah. works
too, for
the sort of muppets who pass along referrers
williamdunne: I especially like
the fact
that
their "solution" seems
to be 422'ing anyone who is referred by
trilema
mircea_popescu: williamdunne but
they have been dutifully banning
their users (for saying anything but "this guy is horribru" and "what a violation!"). from what i hear
the bancount's climbing well past 100 by now
assbot: The Bitlove LLC spin on
their recent implosion, as presented
to
their captive audience. on
Trilema - A blog by Mircea Popescu. ... (
http://bit.ly/1PBmy2M )
williamdunne: What skills? You literally
told
them how
to do it..
mircea_popescu: was funny
too,
the derps were like "HE DOESN:T HAS
TEH SKILLSss!11!1"
mircea_popescu: the more you cut
the clerical costs,
the more
the actual job of banking gets expensive.
williamdunne: mircea_popescu: Surely a lot of
the costs can be massively reduced now? Wasn't exactly much automation in
the 15th century
mircea_popescu: INVENTED
the fucking double entry ledger,
these people.
mircea_popescu: created in
the 1400s, ran out of bankers in
the 2000s, and swiftly out of history.
mircea_popescu: and yes you need
to get lawyers
that'll protect you from being sued.
mircea_popescu: you know,
think in
the more accessible
terms of a hospital.
menahem: what would be some of
the major challenges ?
mircea_popescu: in any case
the actual costs
to running a bank aren't in getting
the certificate. you gotta have
the damned bank.
assbot: Successfully updated
the rating for ssateneth from 3
to 2 with note:
trade.