551700+ entries in 0.349s
undata: yet
they want bitcoin
to be
the mastercard network
undata: and libertarians claim
to be goldbugs...
mircea_popescu: the same sort of rabid idiocy seems
to be wafting from both of
them. half curious if
the same "pr" company hired for both.
mircea_popescu: if i wasn't so disinterested i'd have someone mine reddit
to get a relative comparison of votes/words wasted on gavin's coin vs neobee
mircea_popescu: will
totally work. unless you know, for a few months when launched. and well... if you make a wallet
that's not your walletr.
mircea_popescu: "hey listen, we have a perfect system
that works in proved practice
to reward miners. let's replace it with some libertard idiocy
that a) provedly never worked in practice and b) for well understood
theoretical reasons
that we don't like so
they don't really exist"
assbot: Logged on 11-01-2015 22:42:34; decimation: at any rate,
this is a problem for actual miners
to solve in
the future, and
they will likely despise any actions
taken
today on
their behalf
mircea_popescu: this idiocy with "Assurance contracts"
takes
the cake.
decimation: asciilifeform: maryland has a surplus of frogs &
toads
mircea_popescu: the onus
to show
that
they DEFINITELY WILL NOT BE is on you lot of "bitcoin experts"
mircea_popescu: Luke-Jr Name a single Bitcoin expert who
thinks 1 MB blocks will be sufficient forever? << 1mb blocks MAY be sufficient forever.
mircea_popescu: i suppose bitpay "embassy" is still deserted because whatever, people were insecure about what may happen if
the bitpie in
the sky is smaller
than perceived.
assbot: Bitcoin in Argentina : exactly nothing
to do with
the derps pe
Trilema - Un blog de Mircea Popescu. ... (
http://bit.ly/1yp9fMi )
mircea_popescu: "Do you have any anecdotal examples of crypto users on
the side lines saying
things like,
mircea_popescu: would you even notice
that same day ?
that week ? ever ?
mircea_popescu: everyone i know
that's not dumb is busy doing shit.
the people "discussing" on reddit are an entirely different brand. if
tomorrow
they were replaced with a frog infested pond, what'd happen ?
decimation: yeah
that's a good point,
the heirarchy is
too busy running actual business - it doesn't have
time
to prance around and promise
the moon
to
the sans-culottes
mircea_popescu: i'm not about
to regret
that reagan didn't make more us workers go
to party indoctrination class.
mircea_popescu: similarly one could observe
that
the soviet union had very impressive victory day parades. sure.
this, principally, because
the soviet citizen had little better
to do, either productively, for leisure or for his own safety.
mircea_popescu: how's
this a problem anyway ? pre-bitcoin, pre-gpg, etc, i can see it.
today ? who gives a shit ?
mircea_popescu: of course,
the right doesn't generally create unruly mobs of idiots
that spout nonsense.
this, principally, because
the right is not comfortable for idiots.
mircea_popescu: decimation i don't really see it
the same way. when nanotube was disappeared earlier
this month, gribble got replaced within something like a week. seems
to me
the organisation's fine.
decimation: well, one lesson is
that Danton had an organization. it is odd
that
the supposed right-wing supporters of heirarchy are usually out-flanked by
their enemies on
their left when it comes
to organizing
the little people
decimation: the Legislative Assembly was more
than happy
to recognize Georges Danton as
their leader after he marched in front of
the 20,000 strong mob
mircea_popescu: decimation
the craftyness of it,
tho. who is presented as
the golden standard ? microsoft. because why ?
mircea_popescu: what sort of rotten oats would an ass have
to eat
to imagine
that something
that couldn't be done later should be done now. it's
the screaming declaration of "we don't represent anyone but wish
to rule everyone"
decimation: lol yeah joe sixpack is not using bitcoin because of
the block size limit
mircea_popescu: because a) we deeply care about
the "i predicts" of propaganda agents ; b) "hurry up guise, if we don't do it while nobody's looking we won't be able
to do it at all"
mircea_popescu: With
the limit in place, Bitcoin runs
the risk of stagnating. When
the limit is lifted, I predict we will see mass adoption."
mircea_popescu: The 1 MB block size limit needs
to removed as soon as possible, and replaced with something
that scales automatically, rather
than
through risky hard forks
that require political consensus. It's 2015, Microsoft, one of
the largest companies in
the world, accepts Bitcoin, and
the Bitcoin network can only handle 3
transactions per second, unless
there is a hard fork. Getting rid of
the 1 MB block size limit is long overd
mircea_popescu: could lead
to Bitcoin community splitting into
two networks, or a hard fork could end up not happening due
to community infighting. Both of
these would be disastrous for
the Bitcoin economy.
mircea_popescu: reddit : "You're only looking at
the
technical side of it. Leaving
the 1 MB block size issue for later is risky due
to political/social reasons. Every hard fork brings with it uncertainty and risks because it requires wide consensus
to be carried out smoothly. As long as
these risks hang over
the Bitcoin economy, many companies will be hesitant
to make long-term commitments
to
the Bitcoin economy. Afterall, a hard fork
mircea_popescu: "tldr: economically speaking, core dev
team should not worry about increasing
the block size limit until at
the very least we see average
transaction fees consistently above
the 0.0001 btc 'minimum'. At
that point we can revisit
this debate.
There are other questions about feasibility and politics
that I'll leave out."
mircea_popescu: this is like ether all over again. "oh we have
tons of support!!1" "how come nobody is
trading ?" "it';s mystical support. woodcollector knows all about it. we'll send you a private video." etc.
mircea_popescu: i am kinda shocked nobody is wanting
to buy gavincoins from me for a fucking steep discount, incidentally.
mircea_popescu: "Likewise, in
the worst case if Bitcoin did overshoot
to become centralized alt-coins and
the market would again solve
the problem."
mircea_popescu: decimation for sure, making it plain
that bitcoin isn't a sort of
http / pki / dns / ietf / whatever captive protocol in
the courtyard of some us dependent or another is quite valuable. first and foremost for bitcoin.
assbot: Logged on 22-10-2014 18:53:07; mircea_popescu: it's one
thing
to
trust
this rnd function because asciilifeform and 25 others signed on reading it.
assbot: Logged on 10-09-2014 11:54:21; mircea_popescu: other
than proper cryptography for all foss, as discussed coupla days re gentoo overlays etc, i would fucking love for all lines of code
to come with a counter.
decimation: it seems
to me
that
the enemies of bitcoin would love
to
think
that
they could 'update'
the protocol as
they desire
mircea_popescu: his rethoric was different a coupla months ago, and as far as anyone can
tell hasn't actually caught up with your representation
thereof.
Luke-Jr: by himself?
then it's a simple "no" I hope
mircea_popescu: there's many intertwined issues
there.
the outermost layer is,
to establish whether an english speaking cia visitor is even in a position
to push
through a hardfork.
Luke-Jr: sure - how does
that cross over into
the block size matter?
mircea_popescu: this is
too lengthy a discussion. bitcoin is perceived as a
threat by pretty much every central bank, you know
that much.
Luke-Jr: you
think
the block size issue is USG-inspired? what do
they have
to gain from it?
mircea_popescu: i don't know why a whale would want
to be 20
tons. so what of it.
mircea_popescu: listen, arguing
to ignorance is really bad engineering.
mircea_popescu: you don't get a private island just because you want one.
things have
to do with each other, it's
the way of
the world.
Luke-Jr: I can't imagine how
the block size is at all related
to governments, or why a government would aim
to change it.
Luke-Jr: look, I respect your right
to be free of US interference since you're outside
the US, but governmental politics has basically nothing
to do with hardforks
mircea_popescu: it's so far 100% of
the bitcoin "told
the usg
to get fucked" party. once you digest
that you might be in a better position
to evaluate who matters and who doesn't,
Luke-Jr: I find it very hard
to believe MPEX is even 1% of bitcoin business
mircea_popescu: but if headcount feels
the need
to learn
this
through headcollisions with hard objects, it may.
Luke-Jr: head counts matter more
than volume sometimes
mircea_popescu: enough
to make me 600 btc in
the month bitpay made a loss.
mircea_popescu: coinbase made
the round, which i guess gains it a little space. NOT
that much.
Luke-Jr: especially if Gavin has
the big merchants and exchanges onboard - if
they follow his lead on
this, everyone who wants
to buy stuff with Bitcoin is likely
to follow along
too, for better or worse
mircea_popescu: people here don't "have concerns". people here are going
to skin
the fork as proposed so far, no argument
there. gavin can start reading or press ahead, either way.
Luke-Jr: anyhow, I don't
think Gavin knows people here have concerns. I'd suggest doing a writeup of what
those concerns are, and what Gavin needs
to do if he wants your approval for a hardfork. I know you shouldn't *have
to*, but otherwise I don't see any way
this is likely
to come
to a resolution.
Luke-Jr: mircea_popescu: If Gavin wanted
to force
the hardfork, he wouldn't be frustrated at his inability
to convince people ;)
mircea_popescu: what's next, start assaulting women because "nobody
told me how
to seduce any woman" ?
mircea_popescu: sometimes we don't get what we want.
that doesn't mean our wants now have a wild card and nothing else matters anymore.
this isn't school.
Luke-Jr: mircea_popescu: I'm definitely in favour of
taking a conservative approach, and I'm pretty sure most of
the Bitcoin Core
team is as well. I
think Gavin was probably frustrated earlier when it came up in #bitcoin-dev because nobody could give him a straightforward "way
to convince everyone"
mircea_popescu: Luke-Jr anyway, inasmuch as everyone actually wants bitcoin
to prevail, divergence of opinion isn't much of a problem. however,
the conservative rather
than
the progressive approach must be observed. change doesn't happen just for
the sake of changing
things.
this isn't a fad or an ipad gizmo. if consensus can't be reached for whatever reason, whoever doesn't like it leaves and starts over, rather
than pretending
the o
Luke-Jr: decimation: also, Gavin is no longer
the final word for any git repo
Luke-Jr: decimation: it's not "some random github repo", it's
the code
that most nodes *will* be running unless someone objects
mircea_popescu: Blazedout419 hey, my question
to you is, did you actually pay 14k for
that guy's wooden
thing, as represented ? or was it more like a sweetheart sort of deal for advertising sake, like
the sillycon valley does ?
Luke-Jr: (ugh, I'm being unclear: I mean
the onus is on him
to convince you, and you shouldn't have
to convince him)
Luke-Jr: (persuade you, as opposed
to you persuading him
to stop)
Luke-Jr: asciilifeform: I agree Gavin should persuade you - but he will probably ignore you if you're not
there discussing it
Luke-Jr: might help if
the devs here participated in
the discussions in #bitcoin-dev when it came up.. maybe
Luke-Jr: and I hope Gavin doesn't plan
to just ignore DarkWallet and your fork -
though I wouldn't be surprised if he did
to be honest
Luke-Jr: anyhow, if
the goal is oldest version, I'd recommend going off 0.4.x; either way, I'd recommend fixing
the bdb hardfork
decimation: Luke-Jr:
the idea is
that signed patches would be read by people, who would
then sign
Luke-Jr: oh well, I guess it's managable if you don't plan
to do much maintenance
to it
mod6: yeah,
there was a whole discussion surrounding
this entire process. it's in
the logs.
Luke-Jr: although I suppose
that doesn't help if you want multiple people
to sign
them
Luke-Jr: git basically uses a "blockchain" and makes it very hard
to rewrite history
mod6: just need
to change ``HOME''
to where you wanna build
nubbins`: and so disappearing is not precisely
the concern :D