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danielpbarron: http://trilema.com/2014/the-woes-of-altcoin-or-why-there-is-no-such-thing-as-cryptocurrencies/ So for the benefit of all the derps derping about "cryptocurrencies" : there is no such thing. There's Bitcoin and that's it, because there can only be one.
sjsqd: danielpbarron:then how am I going to walk around with my augmented vision paying for things in 20 years time if bitcoin isn't the ideal cryptocurrency?
danielpbarron: sjsqd, save yourself the trouble and don't install any altcoins
danielpbarron: thestringpuller, sure I wouldn't mind someone reading something that had already been written down; that's more like an audio book than a podcast
sjsqd: so they are completely separete
sjsqd: danielpbarron:when I get the time I will probably get a harddrive, install a barebones Debian installation on different partitions for each altcoin
sjsqd: although I did manage to compile a few wallets on Ubuntu successfully
danielpbarron: well don't do that
sjsqd: danielpbarron:yeah apt-get is easy enough to use, but when you need to install a custom altcoin wallet for instance
sjsqd: danielpbarron:to be fair when it comes to interviews I'd rather hear the full conversation rather than what someone else has cut up from the discussion
danielpbarron: sjsqd, not that i'm recommmending debian, but it uses a package manager that downloads binaries, not source
thestringpuller: danielpbarron: ah. but what about say, Gang Busters? Or rehearsed stuff. Orson Welles War of the Worlds broadcast?
danielpbarron: talking free-form into a mic is for people not smart enough to write down what they mean in a concise manner
thestringpuller: jurov: i kno rite. so not only will someone kidnap me, they'll cut off or extract appendages to unlock my stuff...
sjsqd: and unless you're familiar with how to compile etc it gets pretty confusing quickly
sjsqd: the problem I have with debian is that unless you run some specific version (I usually run the latest version) most of the documentation on the internet is kinda only 75% there
danielpbarron: thestringpuller, if there is something worth discussing, just write a blog post
thestringpuller: danielpbarron: curious to the reason you dislike the medium?
sjsqd: danielpbarron:yeah I tried it once on a VPS but it didn't end well
sjsqd: the biggest thing I've noticed about computer security is that its almost impossible to get decent biometric security
sjsqd: its great functionally but it confuses the hell out of me
sjsqd: I will be moving all my financial things onto Ubuntu or something similar fairly soon though
sjsqd: so its kinda taken a back seat (:
sjsqd: and I'm writing articles about the bitcoin foundation
sjsqd: but at the moment I have a family member in intensive care unit
danielpbarron: and even that is a bit pricy -- i picked one with a fast GPU
sjsqd: I have a laptop and I am moving *towards* that
sjsqd: tbh, if I had the choice I'd have a separate computer for linux and a separate computer for windows
sjsqd: having said that, my disdain for Adobe is growing on a daily basis
sjsqd: but we haven't quite reached that point yet
sjsqd: Unless you want to deal with the limitations of GIMP
danielpbarron: you won't use apple to literally save your life but you'll use windows to save your job.. ok..
sjsqd: Windows is kind of a necessary evil if you want to play modern video games or use 'creative' software
sjsqd: danielpbarron:mainly because Adobe won't release their software on Linux just yet
sjsqd: I don't care if its a lifeboat on the titanic
sjsqd: do you think there is an altcoin more suited for that?
danielpbarron: you have apple pay and paypal and whatever app of choice for that
danielpbarron: paying for things with phones is NOT an application of bitcoin!
sjsqd: and send a shit ton of money through methods like western union or their banks
sjsqd: 90% of the population are foreign
sjsqd: here there are interesting applications of bitcoin besides paying for things with phones
danielpbarron: understanding these things is like understanding how to ride a horse in the 1800s
sjsqd: unless people understand how to compile software its too difficult
sjsqd: danielpbarron:as much as I understand what you're saying its difficult to explain to people the fire safety aspect
lobbes: 'crypto on phone' defeats the purpose of bitcoin
danielpbarron: they need to refine technical ability then; don't give them fire without teaching fire safety
danielpbarron: the whole "crypto on your phone" thing is more of a hinderance than a help
sjsqd: danielpbarron:that depends on people's technical ability though
danielpbarron: you should better teach them how to run a full node
sjsqd: but beyond having to scrape into my savings to pay for a VPS here or there I actually don't have any way to spend it here yet
sjsqd: obviously sent them some dust just to show them how it works
sjsqd: and managed to teach a friend in pakistan as well as a friend in Dubai how to set up a wallet on their phone
sjsqd: On a recent flight I used the plane's WiFi which cost like 1 USD
sjsqd: asciilifeform:I haven't really spent any, only to show friends how it works
sjsqd: I'm not wealthy (at all) so its more an incapability of keeping more bitcoin at the moment
PeterL: save in bitcoin, then you don't have to be tied to usd
sjsqd: PeterL:I obviously do, but have little choice in the matter
PeterL: and you don't see being tied to usd as a problem?
asciilifeform: sjsqd: once you understand the above, it will never occur to you to carry bitcoin on your person in the street, or spend it in a restaurant
sjsqd: it is permanently tied to the USD
asciilifeform: sjsqd: this is actually good fortune, that you've nowhere to blow it just yet
sjsqd: PeterL:there is almost nowhere to even spend it here (beyond paying web hosting bills etc) so I am pretty much saving it right now
sjsqd: asciilifeform:yes I kind of understand that bitcoin is more of a long term cryptocurrency (my view anyway) than a day-to-day currency for a number of reasons
asciilifeform: and idiots are spending their coin as if it were toilet paper
sjsqd: I hate operating hours of banks (even though you can access full bank services till like 10PM at nighttime here)
asciilifeform: even though surface appearances may deceive
asciilifeform: sjsqd: try to understand why bitcoin is more analogous to diamonds or rembrandts than to the national currency you grew up with
sjsqd: and my card has been cloned once, and I've had tons of issues with my bank
sjsqd: asciilifeform:that's why I want to pay with bitcoin or something similar
asciilifeform: would you want to pay with diamonds? plutonium? rembrandts ?
pete_dushenski: sjsqd: it's more along the lines of, just because you like to do something, doesn't mean than a particular avenue of approach is appropriate
asciilifeform: and this is the only reason you wouldn't want to pay in a restaurant with gold?
sjsqd: and then it sits in a cupboard
sjsqd: when they get married or as an investment
sjsqd: and I've seen firsthand how depending upon culture people will dump their life savings into buying some gold
sjsqd: I personally believe that the entire gold/silver/etc markets are manipulated like crazy
sjsqd: pete_dushenski:how is it stealing if the vendor eventually accepts bitcoin?
asciilifeform: sjsqd: but if you did - would you think of paying for groceries with it ?
sjsqd: asciilifeform:haha yes there are 2-3 of them, no I don't own any gold
pete_dushenski: sjsqd: just because you like to eat, doesn't mean you should steal food
asciilifeform: sjsqd: in dubai, famously, there are 'gold atm' - where you run a card and get 100g bricks out. but do you pay for food with these ?
PeterL: why do you think you need bitcoin for groceries?
assbot: On The Stupidity Of Biometric Security for Smartphones and Smartwatches | Contravex: A blog by Pete Dushenski ... ( http://bit.ly/1aLC25j )
sjsqd: pete_dushenski:yes for long term usage, no one is going to pull out a fully fledged laptop to pay for their groceries
sjsqd: or moving to the Mozilla phone or something
sjsqd: I'm looking at upgrading to a phone with a fingerprint scanner
pete_dushenski: but no one wants to be another '4,500 btc hard drive in the landfill' guy
pete_dushenski: of course, your level of security depends on how much you're trying to secure
PeterL: how long would it take an attacker to brute force your pin?
sjsqd: all my wallets are locked and require separate passwords to open
pete_dushenski: a $100 linux laptop does the trick
PeterL: phones can get lost or stolen, then what?
sjsqd: PeterL depends, I try to be sensible about what I install
sjsqd: camel to computer in 30 years
danielpbarron: what locale is that? everywhere?
sjsqd: danielpbarron:in this specific locale the government has to allow it because of terrorism and money laundering etc
PeterL: read the logs, then you will understand how bitcoin should (and should not) be used
sjsqd: PeterL:I use my phone, Windows computer and a VPS or two to store my coins
danielpbarron: what does government have to do with it!?
sjsqd: so the likelihood of bitcoin being adopted widely is high (although it hasn't happened just yet)