602400+ entries in 0.37s
mthreat: I can't read
Tuur Demester's name without saying it "Turd Meister" in my mind
kakobrekla: <bounce>
those have variable-sized blocksize limits < i dont know if anyone did
this before
mircea_popescu: totally,
this works, yeah. which is why nobody does it in practice o.O
mircea_popescu: looking at
things from a distance always helps. "oh, you wish
to
tell me
that if we make
this bar so
that anyone can come in and not pay a cover charge it'll be cooler ?"
mircea_popescu: no, but
they've had "we know shit and we have economists" dev
teams
bounce hasn't really kept up
there
bounce: those have variable-sized blocksize limits and
that caused
them
to blow up?
mircea_popescu: if
those
things actually worked,
they wouldn't have blown up.
mircea_popescu: anyway, "blocksize elasticity" and all
the rest of
the derpage is
trying
to
turn bitcoin into whatever, xrp, nxt, whatever
the hell.
bounce: was under
the impression you were referring
to a non-meta-game situation
bounce: to
the point
that fixing
the points becomes its own game, and
they're "fixed" in
the sense
that a happy few get
to move
the goalposts but
they're not moving any less.
they are pretty much guaranteed
to be suboptimal,
though.
mircea_popescu: yes, it has
to work
that way. some
things gotta be fixed.
bounce: or
that whole spiel with
the cows and
the senator
mircea_popescu: so far what i got from your position is, "curious how
the market adjusts
the price of
the oil barrel, but not what a barrel consists of"
bounce: hm? how, oh, aml/kyc stuff causes banks
to be happy
to kick clients out
that cause regulatory headaches. why are banks supposed
to be policing
their clients again?
mircea_popescu: that'd be unrelated. can we discuss one
thing at a
time ?
bounce: not
that blocksize elasticity is automatically a good idea. it opens up an avenue for attack
to push
the smaller players out
mircea_popescu: gotta have some fixed points
to have a working equilibrium
mircea_popescu: well, curious how
the car moves forward, but not realy upward.
bounce: curious really how
the difficulty gets adjusted automatically but
the size limit, implying a maximum number of
transactions per second, isn't.
mircea_popescu: the worst part of it being
that you know, he KNOWS about
this place.
bounce: didn't really adress
that, did he? not
the only
thing he glosses over.
mircea_popescu: bounce anyway, it's kind-of amusing
to me
that
the Krawisz fellow KNOWS about gavin's ideas
to reduce block propagation from a function of size
to a fixed value
assbot: BitBet - Raul Gonzalez
to play in NASL :: 0.12 B (59%) on Yes, 0.08 B (41%) on No | closing in 4 hours 4 minutes | weight: 115 (100`000
to 1)
bounce: buzzwords and marketeerspeak, aka smoke and mirrors. what's
the substance?
assbot: 21
Top Bitcoin and Digital Currency Companies Endorse New Digital Framework for Digital Identity,
Trust and Open Data
assbot: USGavin,
the lolcow pe
Trilema - Un blog de Mircea Popescu.
nubbins`: worse voodoo
than airline seat pricing
nubbins`: if
there's logic in
that, i can't find it
nubbins`: i can send a flat-packed poster
to nottingham for
the same price i can send a dozen shirts
to china
mircea_popescu: <nubbins`> i
think it was somewhere between 20 and 40 << llol. isn't
thiks
true of like, 90% of all postage ever ?
mircea_popescu: what
they opine as
to how either of
those should work, well... i'm a believer in free speech just as much as
the next guy.
mircea_popescu: <nubbins`> "In light of
the foregoing, it should be clear
that Mircea, not Gavin, is derping here." <<
the only
thing
that matters in
there is
that
they understand who is setting
the conversation and establishing
the winners and losers
mircea_popescu: <ThickAsThieves> in
the end, current regs already do apply <<< ahahah what ?
atcbot: >> No data returned from CoinMiner.net << [PityThePool Hashrate]: 1070.19 GH/s [iSpace Pool Hashrate]: 1.32
TH/s [P2P Hashrate]: 1.82
TH/s
nubbins`: i
think it was somewhere between 20 and 40
nubbins`: didn't print
the postage for
that one at home
nubbins`: shipping is w/e
the postage said last
time ;D
nubbins`: it's still up on
the press now, otherwise it'd be a bit extra
assbot: imgur:
the simple image sharer
thestringpuller: well
there was one where someone was wearing
the physical shirt (i
think it was your wife?)
thestringpuller: What size was
the one
that was being worn in
the proof shot you send me?
nubbins`: but hey,
that variety speak 8)
nubbins`: so it seems like he said
the whole
thing, when in fact it was a comment on something you said
nubbins`: i
think
the <<< indicating reply wasn't picked up
nubbins`: "In light of
the foregoing, it should be clear
that Mircea, not Gavin, is derping here."
bounce: so what's going
to happen is
there'll be some
toning down on
this proposal
to show heart
to
the community and all
that, but we still end up with more rules
than already required. and in a few years
the whole
thing becomes obsolete because unworkable.
there goes
the mark on history.
bounce: this goes even if it's
the only possible choice.
that it isn't, because
the aml regs already make little sense and even more stringent rules
therefore can only make even less sense.
bounce: look here,
the guy's proposing lots of regs so he can make his mark on history.
then he can do one of
two
things: more regs, recommending less regs. what he cannot possibly do is keep regulatory levels
the same as federal requirements because
that deprives him of making his mark on history.
bounce: it's
the only way out, actually
ThickAsThieves: itd be unreasonable
to ask for special
treatment for less reg
bounce: really don't feel like reading
the entire circle
thing.
the headlines read reasonable but eg.
the bit about aml merely says "aml doubleplus good. we happy
to aml for you. you want even more aml
than
the feds, no good." which is a bit weak.
bounce: somebody might drop
the hint
there
mircea_popescu: anyway, im not playing
this stupid game. he wants
to ama, he can come here.
mircea_popescu: anyway, got a meeting. we can resume usgavin and
the five fail dwarves discussion later.
mircea_popescu: bounce yup. which is why
the "you seem
to have omitted suckling my penis, son" is
the right approach.
bounce: the regulators really don't care what
they're regulating, as long as
they can make you dance on
their regulation strings. what are we regulating
this
thing for again?
mircea_popescu: fucking shocking, 5 "actual" economists found
that agree inflation is a good idea, and if anything is naturally uninflationary, adding it in is
the
tits.
bounce: complete powertrip for
the regulation peeps. "oh, new
thing, money-ish. let's r e g u l a
t e" -- and
then just sit back and watch
the companies affected fall over
themselves
to submit
to not-even-existing-yet regulations
Namworld: I mostly went
to check for meat/fishes
to fill my freezer.
Namworld: Yes.
They wrote what could be bought in single quantity. Opened boxed and unopened ones. Usually a discount for whole boxes and half boxes.
mircea_popescu: ThickAsThieves who knows, maybe
they learn
to not pdf.
bounce: so you still get
to buy stuff by less
than a full distribution box?
assbot: Circle Submits Comments
to NYDFS on Proposed BitLicense
mircea_popescu: anyway, seriously, gavin and "5 ~actual~ economists",
this is
the "are we all wrong" astroturf consensus he hopes
to go on ?
mircea_popescu: if he doesn't make sure he knows any better first,
that's
the culpable act.
mircea_popescu: so, anyway. questions. "What makes you
think getting
the okay of five anon products of
the US diploma mill has any bearing ? Bitcoin wasn't made by "economists"
Namworld: Best shopping experience I've ever had
tho...
Namworld: I found a food wholesaler in
the middle of
the city, industrial looking building. It's like entering some fish factory or something.
Things look old, a bit unclean. Looks like a factory filled with supplies.
mircea_popescu: an economist wants
to be an economist, 6 months on
the logs and
tit pictures.
mircea_popescu: they didn't make bitcoin.
they don't get
to join later on and get a seat at
the
table.
mircea_popescu: and WE won't admit
this
theory where "econoimists" matter.
mircea_popescu: the problem here is
that gavin is
trying
to paint
the box for
the discussion.
mircea_popescu: the problem here isn't
that gavin is
trying
to fuck
things up, because he won't succeed.
mircea_popescu: because
then he can give 5 names and make it look like he answered something.
mircea_popescu: ThickAsThieves no.
that is pushing
things
the wrong way.