570500+ entries in 0.391s
ben_vulpes: download
the blockchain
torrent style, verify and stitch
the segments
together as appropriate.
ben_vulpes: i can't help but
think
that
the serial download is entirely unnecessary.
mircea_popescu: but
they help with
the indexing, which was an issue esp on bdb, and
they may also help with
tx related stuff
ben_vulpes: sure, but processing is cpu bound, so if you skip ESDA
there's a speedup
to be had.
mircea_popescu: anyway,
they don't speed up
the download per se, because blocks are still downloaded
ben_vulpes: obviously not a
thing
to work on any
time soon, but a nifty idea.
gernika: Pierre_Rochard: I will probably mod it
to work with my 16 sided die
to save me some rolls.
ben_vulpes: just spot checking my own bitcoin
technical knowledge :P
ben_vulpes: would it be possible
to replace
the checkpoints with randomized sampling of specific blocks' signatures?
ben_vulpes: if i'm reading
this correctly, checkpoints speed up
the blockchain download process as signatures aren't checked, but
they're assumed valid if
the signature on
the checkpoint blocks passes.
mircea_popescu: otherwise, it needs
to
trust
the correctness of whoever made
the checkpoints.
mircea_popescu: the proper operation of bitcoin is
trustless.
there's nothing it needs
to
trust in a no=chekcpoint scenario.
ben_vulpes: either
trust
the source from which you got
the code or
trust
the network.
gernika: Pierre_Rochard: I was JUST searching for something like
this.
ben_vulpes: --nocheckpoints Disable built-in checkpoints. Don't do
this unless you know what you're doing.
mircea_popescu: ben_vulpes incidentally, a server or
two
to be used as a [l2-accessible?] bitcoin
testing environment may be a great foundation expenditure
cazalla: mircea_popescu, is
this news
that Netopia mobilPay enabled 6,000 merchants in .ro
to accept bitcoin same beat up story as
the
trillions of .ar merchants
taking it?
mod6: <+ben_vulpes> decimation: disk storage is
the *bane* of bitcoin
testing. << for sure.
ben_vulpes is in
the process of standing up an aws instance with a full
TB of storage
ben_vulpes: decimation: disk storage is
the *bane* of bitcoin
testing.
decimation: ben_vulpes: I got
to block 264k or something when I filled my vm's hard drive
undata: ben_vulpes: what engine is
that?
decimation: so, it's just a
telephone on a wall? I don't get it
mircea_popescu: "he acted as an investment broker without a license ?! AND HE DID SLIGHTLY BETTER
THAN
THE AVERAGE ?!?!" burn him!!1
decimation: right, only proper friends of
the bezzle get
the legal privileges
mircea_popescu: so
they dun want random internet scammers and other non-proper-meta bezzlominds getting any
mircea_popescu: decimation which is why all
the legal barriers, it's basically free money for
the
taking
mircea_popescu: and
the less you
think about what exactly wl, rd etc are,
the better, you can just keep derping between em
decimation: they generally charge 1% of
the portfolio, and are not even legally held as fiduciary
mircea_popescu: if you acronym it YOU NO LONGER HAVE
TO
THINK ABOUT IT
mircea_popescu: which, incidentally, suggests
to me a simple, direct and
therefore likely correct explanation of
the previously mysterious
tendency of english-speaking
thinkers
to create acronyms.
decimation: heh yeah. In
the us, it is common for 'regular people'
to roll over
their pre-tax retirement savings
to investment brokers
mircea_popescu: as
tlp would say, "don't change
the system, just shuffle among its offerings"
mircea_popescu: "Allan S. Roth is
the founder of Wealth Logic, an hourly based financial planning and investment advisory firm
that advises clients with portfolios ranging from $10,000
to over $50 million. "
mircea_popescu: decimation it's so amusingly pervasive
this. so
the cbc article you linked punching holes in
the rich dad
thing ?
mircea_popescu: they'll just end up exactly where
they are now : five
to
the room, crowded in insalubrious conditions, spending
their
time voting on reddit
decimation: I suppose
those who fail
to pay
tax will end up in
the private courts of
those who do
mircea_popescu: decimation hyow
the fuck are you going
to achieve
the respect of your peers if you're a loser lol.
decimation: but perhaps
there is reason for someone
to include
the little people in
the courts
decimation: so you are big on 'voluntary
taxes'. what if someone was living in a 'voluntary
tax' jurisdiction but did not pay? Do
they have
the same legal privleges as one who does?
mircea_popescu: in practical economic
terms,
the unfound amazon
tribes are just keeping high import
tariffs up.
mircea_popescu: the problem with
tariffs is
that
they economically insulate
their jurisdiction, and sooner or later you get left out.
mircea_popescu: if you define labour as per income,
then it is by definition.
decimation: isn't an income
tax a
tariff on labor
trade?
mircea_popescu: trade
tariffs are singularly
the most stupid
taxation font in existence.
decimation: I
think usg should go back
to just raising money from
trade
tariffs
decimation: this is why it is annoying
that usg
taxes 'income'
ben_vulpes is learning all sorts of
things about
taxes lately.
ben_vulpes: the way i understand it is
that company a owns
the assets, b leases
them which reduces its apparent income. lease payments come into a and are not categorized as passive investment income.
decimation: is
this
to avoid
the business propery
tax?
ben_vulpes: well, corp a buys a machine and leases it
to corp b at a "fair value".
decimation: ben_vulpes: like you lease your own property
to
the company?
ben_vulpes: tax man has brought
to my attention
the
tax benefits in
this country of leasing equipment
to your own companies.
decimation: "“Currently, approximately $1B in production spending can be expected
to deliver $500M-$600M in profits,”
the letter says. “Through his continued focus on financial discipline, Doug hopes
to improve
that ratio
to a point where $800-$900M in production spending delivers $500-$600M in profits.”"
decimation: well, I guess
they were looking for some answers.
The answer
they got was: you joined a death-cult
mircea_popescu: all i ever heard about
that
thing was
that it was a dreary shithole in
the mud
mircea_popescu: decimation no i mean, how are you sure
they got
their money's worth ?
decimation: the other day I got a card in a hand-written envelope
that was from a local car dealer
decimation: every spammer in
the us works hard every day
to attemp
to bypass
the bayes filter in my head
decimation: eh? I have nothing
to do with
these idiots
decimation: I'm sure
they got
their money's worth
though
decimation: it was
the cult where
they all drank
the poison kool-aid
mircea_popescu: wow check it out,
that bad ?
this is like
the publishing business.
mircea_popescu: "
That relationship generated sales of $438 million, of which Rich Global got nearly $45 million in royalties"
decimation: well,
their forefathers all 'escaped' from europe or elsewhere
mircea_popescu: apparently everything anyone's doing
there anymore is some sort of attempt
to create a miniworld or other.
decimation: the set of people "selling" how
to get rich in
the us is large
decimation: yeah, he went on
tour with classes or something
mircea_popescu: wait,
there's more
to
that
than just a derpy book from a decade ago ?
decimation: undata: re: Kiyosaki << yeah I had a friend who
tried
to get me
to go
to 'rich dad poor dad' stuff. sounded like a scam, is a scam, etc.
cazalla: ah, i don't recall
that but no matter
cazalla: btw, in
that i lost btc with
teamviewer
thread, leo
treasure confirmed he
too had it installed when he lost 750btc
cazalla: mircea_popescu,
that is about as misleading a statement anyone could make lol
mircea_popescu: "He studied at Harvard until
the First World War broke out in 1914. At
that point, aged 23, he returned
to Canada and joined
the Canadian army in Halifax and was assigned
to
the Cyclist Corps of
the Second Division, Canadian Expeditionary Force."