537500+ entries in 0.386s

trinque: cazalla: interesting, I expected another coin
theft but
this looks like
typical madoff
cazalla: anyone reading
the hong kong 400m bitcoin loss and wondering why it's not on qntra, difficult
to ascertain
the facts on
this one but it would appear hong kong media are clueless.. speaks
to qntra's need for a chinese correspondent
trinque: I will say
that listening
to
those familiar with
the soviet collapse has been enlightening
BingoBoingo: bitcoinquestions:
This channel has rather good global coverage. Even Africa is included in regular participants. Asian participation is a bit lacking
though.
trinque: no, I live in
the US; can't speak for
the others
bitcoinquestions: trinque: good point haha. Is
this channel all in Romania? How is it
there?
trinque: bitcoinquestions: having loved ones is a good reason
to get out of
the US.
bitcoinquestions: I would do anything
to be able
to drive
the price down because I'm collecting coins, but I was wondering whether or not
there's a point where you are happy with your assets in
terms of BTC and
then just want
to increase
the value of
the coins
bitcoinquestions: mircea_popescu: Another question I have for you. Are you happier when
the BTC price goes up or when it goes down?
bitcoinquestions: mircea_popescu: yeah man everyday I feel more and more
that I need
to get out of
the US
mircea_popescu: forget
that part and
think of bandwidth. romania does not have
this problem, but
the us does. bandwidth accessibility is actually going down, not up, and it looks like it may go away entirely.
mircea_popescu: how are you
to make
them ? where do you buy your raw materials for bitcoin ? where do you hire workers and pay
them in bitcoin ?
bitcoinquestions: mircea_popescu: alright fair enough, I was just proposing a hypothetical
to make sure I understood your position.
mircea_popescu: and
that if i or anyone else decides
to bomb
that place
that's
that for new hard drives for a decade or more.
mircea_popescu: and
that at one point, when
they had a flood, hard drive prices exploded on
the market by a factor of 3
mircea_popescu: exactly schmexactly.
there's a difference between
the idle imagination of youth and
the knowledge of men. for instance : i know but you don't know
that
the vast majority of hard drives are produced in
the same few acres of asian shore.
mircea_popescu: how would
this work ? you mean you manufacture
the hard drives in house ?
bitcoinquestions: mircea_popescu: Ah I see. Interesting.
That is definitely
the case as of
today.
That being said, let's say I create a company
that is able
to provide hard drive space for cheaper, but I only accepted payment in BTC. If
this company existed would your opinion change?
mircea_popescu: if on
the other hand expansion is paid in "hard drives" chances are whosoevere wants
to participate has
to SELL bitcoin
to buy fiat assets.
mircea_popescu: point remains : if
the expansion is paid in bitcoin, whosoever wants
to participate has
to SELL fiast assets and buy bitcoin.
mircea_popescu: yes, well... are you one of
those who imagines bitpay "paid in bitcoin" for whatever sponsorship ?
bitcoinquestions: mircea_popescu: Ah okay I reread and understand a little better I believe. But why do you assume you need
to pay for more disk space in fiat?
mircea_popescu: what has made me come
to
this conclusion is neither here nor
there. i am not proposing anything
to you. i have made my own determinations, and if you inquire i
tell you
the reasons.
that's how far
that goes.
bitcoinquestions: mircea_popescu: Do you have proof
that Gavin and some USG mole is
trying
to implement some attack on bitcoin? What has made you come
to
this conclusion?
mircea_popescu: so : a) gavin is in no way involved in bitcoin development ; b) gavin's insanities have nothing
to do with bitcoin's problems, and in no case are
they solutions. as you'd expect of someone who has nothing
to do with it in
the first place.
mircea_popescu: both discuss camels and donkeys. both ARE NOT discussions of how
to carry your rubble.
mircea_popescu: it is ANOTHER discussion
to propose
that you pile all
the donkeys on
top of
the camels and
then
throw
the lot in
the river.
mircea_popescu: it is one idea
to discuss how
to load
the donkeyus and
the camels respectively,
to best do
this.
mircea_popescu: to understand exactly
the situation, you have camles and donkeys, and have
to carry a billion
tons of rubble.
mircea_popescu: this is completely differet a matter, and it is not proper
to mix it
together in
the consideration of an actual problem. it is not an actual problem.
mircea_popescu: unrelated
to all of
this, a usg mole is proposing
to change bitcoin into something unsustainable.
mircea_popescu: these are, obviously, both going
to be employed, in some combination, because
the
thing is going
to grow
too huge
to allow exclusivity
mircea_popescu: another one is,
to pay for it in fiat, via paying for disk space.
mircea_popescu: there are
two avenues
to pay for it. one is,
to pay for it in bitcoin. via paying for
txn.
mircea_popescu: looky here : growing larger implies growing costs.
this is a given. a larger bitcoin will somehow be paid for.
☟︎ bitcoinquestions: mircea_popescu: Okay of course
the proponents of
the change are
the ones who must justify it. But
the justification is pretty simple, with a larger block size
the network can support more
transactions per second.
This allows more
transactions
to be onchain instead of
through
trusted identities.
mircea_popescu: "XII.
The current 1Mb limit is arbitrary. We want
to change it. Please ignore
the fact
that
the discussion is about whether
to change or not
to change, and please ignore
that
the onus is on whoever proposes change
to justify it. Instead, buy into our pretense
that
the discussion is about "which arbitrary value". Because we're idiots, and so should be you!"
assbot: Third pass addressing
the more common pseudo-arguments raised by
the very stupid people
that like
the Gavin scamcoin proposal pe
Trilema - Un blog de Mircea Popescu. ... (
http://bit.ly/1vzm5Zm )
mircea_popescu: you said
that you read my articles, which is nice, but it'd be a lot better if instead of saying you did you showed me you did, by asking meaningful rather
than meaninglessly general questions.
bitcoinquestions: as I was
trying
to ask early - why do you not like
the change
to increase
the block size?
mircea_popescu: there's, intermittently, some unidentified derp
that floods noobs
bitcoinquestions: mircea_popescu: ? I need
to know whether or not
to call
the cable company :D
decimation: well,
there's a certain lefty predilection
toward paranoia/violence
that seems stable over
the centuries
decimation: in 1790 mr. ddos would have been on one of
the sans-culotte's murder gangs
bitcoinquestions: yo i dug
through your posts on
trilema about how you
think Gavin is sabotaging bitcoin or whatever for wanting
to increase
the block size. Are you afraid of DDOS attacks because
there are not enough full nodes?
decimation: thestringpuller:
they are fishing for some property
to indict. maybe
the local cops want
to have some new
toys
thestringpuller: Usually cop is like "You got anything valuable in
the vehicle?"
mircea_popescu: yeah,
that's a
true old courthouse favourite, "i pay your salary"
thestringpuller: "You're broke nigga, you gonna really persecute
the nigga payin your salary"
thestringpuller: I say
that
to cops a lot when
they pull me over for being black
decimation: yeah
the conversation
topic is quite inane.
mircea_popescu: dickens vs austen ? "o look, my
toy car is faster
than your
toy car!"
decimation: I guess
that's what you get from fifth-generation englishmen removed from england
mircea_popescu: The
term was coined by
the physician and writer Oliver Wendell Holmes, Sr., in an 1860 article in
the Atlantic Monthly.
decimation: but before
that it was used
to describe Massachusetts men who spoke with a particular accent and had a particular affinity with
the anglo colonizers
decimation: moldbug repurposed (re-re-repurposed?)
the word "brahmin"
to mean something like 'modern liberal elite'
mircea_popescu: apparently "brahmin" has a lengthy usage
to describe
the cult of
the dead cow of massachussetts ?
mircea_popescu: asciilifeform "In
the United States polite letters was a cult of
the Brahmins of Boston, with William Dean Howells at
the helm of
the Atlantic." << Release Date: August 20, 2006 [EBook #3190]
decimation:
http://www.loper-os.org/?p=1299 < "One clever soul suggested applying
this doctrine
to yet a fourth profession, creating a kind of “programmer priest.” Perhaps one day
there will indeed be someone you can
trust
to pronounce –
truthfully and competently –
that a crypto-system is strong,
that a protocol has not been diddled,
that your computer serves only a single master."
decimation: "The ritual
traces its origins
to professor H. E.
T. Haultain of
the University of
Toronto, who believed and persuaded other members of
the Engineering Institute of Canada
that
there needed
to be a ceremony and standard of ethics developed for graduating engineers.
The need was patently obvious in
the light of
the Quebec Bridge disasters."
BingoBoingo: ^mircea_popescu: sometimes i fantasize about buying an old english castle,
turning it into a computing school for nude 18
to 22 yo ladies, and putting alf in charge of it, with a flexible bamboo cane. << wrong pasta buffer
BingoBoingo: mircea_popescu still vividly remembers
this event when he was maybe 13 or so.
this kid "got really psised off" and was going
to hit me. every
time he launched his fist, he also closed his eyes. every
time i'd dodge and he'd mash his fist into
the nearby wall. his hits got softer an softer, but he never figured out why exactly he's not making contact. << Airstrip One must first be cast into
the ocean
BingoBoingo: School administrator was puzzled by
the combatants being "A" students without long disciplinary records didn't see fit
to issue discipline
to either party as
the aggressor learned he wasn't fit
to aggress.
BingoBoingo: Well, I'd been annoyed by his build up
to
this event for a few day,
twas enough of a greivance.
mircea_popescu: i didn't beat him up, it was kinda incongruous. he had no real quarrel, posed no real
threat and besides, as far as
teh adults were concerned i was a silver spoony gentleman.
BingoBoingo: going
to fight me. When he finally starts
throwing punches can't keep his eyes open long enough
to hit anything or avoid going
to
the ground and getting stomped
BingoBoingo: mircea_popescu still vividly remembers
this event when he was maybe 13 or so.
this kid "got really psised off" and was going
to hit me. every
time he launched his fist, he also closed his eyes. every
time i'd dodge and he'd mash his fist into
the nearby wall. his hits got softer an softer, but he never figured out why exactly he's not making contact. << Silimar event in middle school. Bigger kid pesters me for days about how he's
mircea_popescu: BingoBoingo yup. people
trusting shit
to memory
that are also actively attackin it chemically.
mircea_popescu: you wouldn't go blasting quailshot all over
the mall either, would you.
mircea_popescu: decimation> in particular with paragliding, I
think
that it attracts a certain set of folk who might not consider safety as a
top priority << i
think paragliding is much like hunting, a sport intended for empty land.
BingoBoingo: mircea_popescu:
the best chemistry lab, were it
to be maintained as a collection of bottles going "stuff" "Good stuff!" "REagenT" etc 18:23:12 mircea_popescu: would not really work. <<
This is why other big cause of home explosion is meth "labs"
mircea_popescu: a
total of nine exploded in a decade in
timisoara (tiny
town, 300k)
decimation: BingoBoingo: yeah
that's
true. occasionally a house explodes
too
BingoBoingo: decimation: Well failures of
the natural gas system
tend
to be more... catastrophic... I remember as a child
the day half of my hometown was evacuated because ditch diggers broke an incoming pipe at
the edge of
town.
mircea_popescu: bitcoinquestions in general a machine is secure if its secure. linux is not a magic pill. as danielpbarron suggests, not connecting it
to
the internet helps a lot, but also makes it more difficult.
decimation: BingoBoingo: yeah for whatever reason natural gas distribution seems much more reliable
than electric distribution
BingoBoingo: decimation: in
the us gas heat is common, but
typical large us house has a 'forced air' system
that moves heated air around
the house << Natural gas backup generators for homes are not unheard of here, occasionally going up
to home's normal electricity consumption.
ben_vulpes: sink rate being a
thing; angle of attack being a
thing...
ben_vulpes: in some places, very close.
those places also look very steep.
ben_vulpes: it's not really clear
to me how close
they actually are
to
terra.
decimation: it strikes me
that if
the wind suddenly shifts
they could easily bash
their heads into a rock
decimation: ben_vulpes: yeah I guess
that's what I
thought was happening when he gets close
to
the ground, but
there's probably not enough of a 'cushion'
to do
the
turns
they are doing