log☇︎
57200+ entries in 0.737s
asciilifeform: mircea_popescu: degradation of metal goods proceeded by a similar, if not entirely identical way as organics - not impurities as such (modern alloys are chemically superior to those of the past) but through using tech that ought not be used
BingoBoingo: Qntra shares really aren't a problem so long as they remain countably infinite
asciilifeform: legend has it that stalin had the fuhrer's skull (what remained of it) as ashtray.
asciilifeform: american chumps, as i understand, are worth most
asciilifeform: as i understand, their market values vary wildly based on geography
asciilifeform: ben_vulpes: re: your reply to 'instazap' - as a young man, i had the 'fortune' to work in one of those small scamatronics firms scattered around wash.dc. they made (well, collected money from usg to make, supposedly) small robots.
mircea_popescu: asciilifeform: i wasn't intending to (with what, ha.) just ringing the bell to possibly wake up folks who think they can achieve a new result by doing the same thing as was done for 100 years. <<< you know, the clerk maxwell guy, arguably a novel result, WAS in fact achieved by doing the exact same thing men have been doing to women for a hundred years.
asciilifeform: because the alchemists have learned to manufacture armies of beggars which carry on mischief as programmed.
mircea_popescu: the solution, as practiced in history, was to teach the drunks restraint.
mircea_popescu: bout twice as many today. hopefully 3x tomorrow!
nubbins`: will the articles be edited, or posted as submitted?
ThickAsThieves: as a reader
asciilifeform: mircea_popescu objected to the examples i gave as 'scientific journal'
nubbins`: as opposed to qntra, where investors will expect diminishing returns
asciilifeform: i wasn't intending to (with what, ha.) just ringing the bell to possibly wake up folks who think they can achieve a new result by doing the same thing as was done for 100 years.
asciilifeform: as in, mass media as a concept.
mike_c: as mentioned, bitcointalk is now making 40 btc a week on ads.
mike_c: asciilifeform: one example, as given, is advertising revenue.
asciilifeform: as in peddler, itinerant merchant.
BingoBoingo: <asciilifeform> or pedal? << Pedal, as in the pedal tones on a brass instrument
assbot: Bonds rally, stocks fall as global economy fears mount| Reuters
BingoBoingo: <asciilifeform> BingoBoingo: as if trains will not fall under same bureaucracy if the fuhrer wishes it. << No, being under the same bureaucracy is why the trains will run.
asciilifeform: BingoBoingo: as if trains will not fall under same bureaucracy if the fuhrer wishes it.
BingoBoingo: asciilifeform> the point of a gambit such as drilled coin is to avoid being noticed. << Nah, you drill some coins to force a search for more of the same
asciilifeform: the point of a gambit such as drilled coin is to avoid being noticed.
BingoBoingo: Maybe have a few "hollow" nickles, pack with proper density grease, soon you demand hours of inspector's time as they pour over pounds of nickles looking for an interestign one.
asciilifeform: hollowed coins, as pointed out in the article, are old hat.
BingoBoingo: But seriously is there any justification for the current design of the US nickle other than as a thing to hollow?
asciilifeform: not, contrary to popular belief, the same as an ordinary lie.
asciilifeform: except, i think, he wanted to use money as the filter.
mircea_popescu: and i bet you 90% of those are actually correct uses of the term, as opposed to the common derpage.
HelpPlease: it's marked as refunded but it hasn't been
jurov: yes. still very different from understanding the text as is
mircea_popescu: mike_c that wasn't worse, those you could identify as such
asciilifeform: 'literacy' as understood by extant managerial civilization (usa, friends, imitators) is simply the ability to fill out forms and perform other simple mechanics of the giant meat computer of bureaucracy.
jurov: i propose using s.qntra shares as payment for trilema credits, upon which they are irreversibly destroyed
mircea_popescu: you don't get to measure literacy as counted by j h newman with "literacy" as counted by some fuckardacy.
bounce: it's not impossible, even if hard to see being as it is that same emergent property. so the point is not to discount it too easily.
asciilifeform: perhaps. given as i'm not even sure there's a game
asciilifeform: yes, in the popular imagination, 'exposing' something is as simple as printing a few words.
kakobrekla: no news. as no computing.
mircea_popescu: today, someone who has the unmitigated audacity to misrepresent herself as "senior" SEC counsel
bounce: what this does to relative and absolute importance depends on your viewpoint as much as plenty other factors
mircea_popescu: bounce but hear the contrarian view. in 1814, there were about 1k actual scientists in the world, ie, people making their own moral judgements, as independent agents
BingoBoingo wonders why the focus on news exclusively as announcement of what happens now and not as the record historians dig through.
asciilifeform: well, if we were to go back to actual food, we would have to get used to perhaps 1/1000 as much of it mass-wise as we had 'food.'
thickasthieves: well think of this conversation as informing to potential investors that this isnt really an investment to expect gains from, other than knowing your favorite news source will continue to exist
asciilifeform realized that he simply regards william randolph hearst's basic invention (mass news) as fundamentally pernicious, and not something that 'good folks can do right because they're good and hearst is evil'
peterl: but anybody can see the inflation coming, so the whole market will discount the share price as appriate to compensate between "profit now" and "profit later"
gribble: Nick 'TheBroker', with hostmask 'TheBroker!bec3cce4@gateway/web/freenode/ip.190.195.204.228', is identified as user 'TheBroker', with GPG key id 2AB7FCD6D06C6433, key fingerprint A8B4D8D11C5F71DA8D3059E02AB7FCD6D06C6433, and bitcoin address None
cazalla: mike_c, we've been adding categories as we go so they will expand over time, not that fussed on tags though tbh
thickasthieves: so while qntra has the least income, and needs the most from few (as in it's founders will work for equity only at start) it's founders and groundfloor employees get the most equity
cazalla: yes, we can earn from the pool as well
BingoBoingo: <thickasthieves> maybe i'll submit an article about the problem with qntra share dist model << Qntra shares embody MP view of wealth as % of math rather than number ot tokens
cazalla: mircea_popescu, yes but a little reminiscent of when the stooge is told to give a check to the tangiers lol he does as he is told
mircea_popescu: i mean sure in time it can branch out and grow and w/e, but as an anchor, that's how it was born
BingoBoingo: qntra prolly ought to grow to include editorial eventually. cazalla's decision as to when
mircea_popescu: yes thickasthieves. the issue is as follows : no matter how much fun you'll have, there's more people making more people having more fun than you out there.
thickasthieves: this is the same as the wot concepts, the including footnotes and source links concepts, etc
mircea_popescu: news, dood. doesn't ask you anything. it just puts the burden upon you to make room for it in your gestaalt as it were
asciilifeform: 'The exhibitor, Professor Faber, was a sad-faced man, dressed in respectable well-worn clothes that were soiled by contact with tools, wood, and machinery. The room looked like a laboratory and workshop, which is was. The Professor was not too clean, and his hair and beard sadly wanted the attention of a barber. I had no doubt that he slept in the same room as the figure—his scientific Frankenstein monster—a
asciilifeform: where we are now is just as easily explained by crowded world.
asciilifeform: not 'just as well.' immeasurably better
mircea_popescu: otherwise, seneca lived 94 years just as well as buffett or w/e
asciilifeform: in fact, life expectancy as scalar is retarded.
nubbins`: retrospectively obvious, as well D;
mircea_popescu: nubbins` as i was explaining to gabriel_laddel coupla days ago, averages are slippery. in sierra leone it's 35 because a bunch of retarded infants die young.
asciilifeform: mircea_popescu: these are SOP today, for things as mundane as telephone service.
mircea_popescu: "gotta have 'magistrate' judges and 'arbiters' and anything and everyting as long as it';s not a judge"
devthedev: I'm slightly worried about the Qntra shares. If the amount of S.QNTR shares double monthly wouldn't the revenue have to double as well to keep up with the inflation?
asciilifeform: the fiat bank, as at this point even a child knows, is what we in usaschwitz call a 'faith-based institution'
mircea_popescu: you get all the advantages of marking it as valuable with none of the downside of accessibility or deniability.
nubbins`: i have vague memories of both as well
mircea_popescu: thickasthieves kinda what makes me think of him as a whore.
thickasthieves: basically goat only knows how to say "i am awesome, i make lotsa coins, think of me as a financial beast plz!", but in 5000 different ways
nubbins`: "i want to acknowledge that as with all bitcoin companies, we're a bunch of fuckups who took on more than we could handle and now we need pitchforks to shovel all our excuses"
nubbins`: "I want to first acknowledge that as with all bitcoin companies, we are working extremely hard, drinking from a fire hose and solving problems, stabilizing the platform AND continuing to improve every day."
thickasthieves: yeha i'm not defending them so much as leaving the door open to both parties being asses
xinxi: Oh, as some people trade options here, and since MPOE is down. I guess some of you may need it.
mircea_popescu: "Since August 1st, 2013 iGolder is no longer accepting new accounts and balances can only be redeemed. During the past years, we have been recommending Bitcoin more than our own payment system. We believe in physical gold ownership, and developed iGolder as a mechanism for people to acquire physical gold by trading with one another."
jurov: but i mean on same level as tls is now
punkman: maybe I fund and account at coinbr with 0.1 and you mark it as frozen?
kakobrekla: if we were to continue as it was?
ben_vulpes: almost as long as my schlong
thickasthieves: myself as well?
ben_vulpes: thickasthieves: yourself as well :P
ben_vulpes: ('safe-by-construction', 'correct-by-construction' - as asciilifeform points out time and time again, these are impossibilities).
Adlai: about as expensive, relative to median wage
Vexual: you'll be sweet xinxi, as long as you've got your head screwed on
`jurov`: Please be advised that LiteSpeed Technologies Inc. is not a web hosting company and, as such, has no control over content found on this site.
Adlai: (the companies issuing and accepting the tokens are forced to act as market makers)
Adlai: mircea_popescu: your article mainly addresses problems with decentralized security systems as a replacement for high-frequency exchanges. i think it's still possible to issue tokens such as readership credits (or movie tickets, etc) in this fashion, since their market is a lot less dependant upon dedicated market makers
mpmcsweeney: I guess my point is that there's honestly no influence to our reporting, at least as far as I as a reporter and editor can tell -- and Im intimately involved in the process
cazalla: robocoin runs windows xp as per https://docs.google.com/a/metalabdesign.com/document/d/1aL_b_Eq6WKv_u_ZKiPNPBXz5UbuMhi2Xm1AjdsgVER4/pub
Adlai: this process could make for some interesting posts as it happens "live", although i'm busy on other aspects atm
cazalla: good a time as any for a few beers i guess
mircea_popescu: at which point he moved to actual ddos as opposed to wordpress reflect crud, which is being mediated in the normal manner.
BingoBoingo: Does rifle make sense as company expense at 500k IP botnet?
asciilifeform: that is, if you process the output of noise apparatus as prescribed, you get the expected result; if you forget to, and call 'return(3)' as in the comic - not.
PinkPosixPXE: When the Mycelium Entropy is inserted into the USB drive, hardware-based entropy is harnessed to create a large, truly random, number. The random number is generated using a static RAM chip, which Holcomb, D.E.; Burleson, W.P.; and Fu. K. have proven is capable of generating “128-bit true random numbers.” This number is then used as the seed to generate a private key and corresponding Bitcoin