612300+ entries in 0.394s
mircea_popescu: anyway, if you were
to propose over
the next 170 years it increases 10 million fold again, i would
take 50-50 odds against.
bounce: it never really had
to perform outside voice band up until very recently,
though
mircea_popescu: bounce here's some saner math : first
telegraphed message was in 1844.
the bw
today, 170 years later, is 10mn
times wider. (ie,
taking
that 10mbps).
jurov: coinbr mostly dried up
this year
mircea_popescu: telephone infrastructure has been a
thing for > a century.
jurov: thanks BingoBoingo, but how comes I have
to run derpy casino
to make ends meet?
mircea_popescu: bounce again,
this is a discussion of very prepubescent
titgrowth.
bounce: worked well enough
there. I'd agree
that banking on a similar
thing happening in last mile connectivity is maybe a little optimistic.
mircea_popescu: asciilifeform since you're doing all
this, make a loper's gentoo put wrapper on blog ?
bounce: perhaps interesting
to see how people got started in
the gene sequencing biz, and over a couple decades have seen sequencing speeds and capacity shoot up not quite
to
the moon, but close.
BingoBoingo: jurov: You run
the only financial brokerage of note
mircea_popescu: asciilifeform
the distro
that makes you cool by using it.
jurov: it is people IN
THIS CHAN
that are both
the leading edge and
the sum
total of both
the global financial infrastructure and its migration
to bitcoin <<
this meand you and who else
then?
mircea_popescu: it can;t be heh, isn't gentoo
the offical hipster distro atm ?
BingoBoingo: asciilifeform: I'd assume Gentoo users are of
that school, but I dunno
that Gentoo is luser proof yet.
jurov: anyway. can anyone explain
to me how am i a part of "a sum
total of
the global financial infrastructure"?
BingoBoingo: mircea_popescu: A bit of drama in
the convo. Haven't finished it myself.
mircea_popescu: telling some derp derping about "what we should do"
there's no we and nobody elected him is not politics, but
the contrary
thereof.
mircea_popescu: im not aware it was about
the politics, other
than
to reject unwarranted politics ploys.
bounce: what, it's not about
the politics for once?
mircea_popescu: effects aren't
the consideration here.
the cause is
the consideration.
mircea_popescu: bounce not
the point of excluding,
the point is of engineering.
assbot: ClubOrlov: Book Excerpt:
The wrong math
BingoBoingo: Also
thing
that goes missing occasionally.... Aluminum park benches and bleachers.
mircea_popescu: bounce no,
the point was
that
there's no good reason
to believe doubling each year for 20 years is something
to engineer against.
BingoBoingo: jurov: People here don't usually bother heat...
They bother cooling
though
mircea_popescu: in roimania it was
the railroad signals and
then
the phones. nobody stole plumbing.
bounce: copper has come a long way since
then
too. but anyway, if
the argument was
that
there's some cap on
the achievable max bandwidth... probably. whether we'll hit it in our lifetime and/or
the end of
the current civilisation? no idea.
cazalla: mircea_popescu: o heya cazalla. how was
the lass ? <<< no
time for
that,
to sydney and back again in 2 days
BingoBoingo: Well... in
the future it won't always be
the dumb ones stealing
jurov: main
trunka aren't copper since 20 yrs ago
jurov: these dudes who
tear fibers dont know about smart fires :)
mircea_popescu: but
they'll steal
the main
trunks, not
the last miles.
BingoBoingo: <jurov>
they
tend
to burn,
too << Not if you make a smarter fire.
bounce: not
that we know of, anyway.
jurov: they
tend
to burn,
too
jurov: the latter you can't simply burn off of
the plasitc
mircea_popescu: bounce fibre possibly has a lot of headroom yet. but so did cable, originally. point is
there's not going
to be a qualitative jump like going from copper
to glass.
BingoBoingo: jurov: It's copper and it already needs secured
that way. Live electric wires also... disappear.
bounce: could perhaps imagine
the
typical post-apocalyptic american human wilderness with
the addition of heavily guarded microwave
towers for
the happy few
BingoBoingo: jurov> unless copper is on par with silver, no one is interested in
tiny phone wires << In my present metro area, when leaves my rural oasis for
the city one finds all outdoor components of HVAC systems living in cages
bounce: currently on 80/8 cable. and fibre has quite a bit of headroom yet.
though for for low-latency
things
they're back
to LoS-microwave links.
jurov: in
that case, AC wires/transformers will get missing first. bigger problem
than just some phones
jurov: unless copper is on par with silver, no one is interested in
tiny phone wires
mircea_popescu: nubbins`: Apocalyptic i'm
trying
to figure out why everyone has
their dicks in a knot about it. nobody seems
to know. ^ above should give you a good start.
mircea_popescu: and incidentally exactly, but EXACTLY how idiots just like gavin end up with mortgages
they can't pay.
mircea_popescu: imagining you'll keep doubling bra cup into your 30s is a little out
there
mircea_popescu: in short : just because your
tits grew up 100% a week for half a year starting on your eleventh birthday doesn't mean jack. for one
thing,
the first cubic centimetre happened
then.
mircea_popescu: moreover,
the way net neutrality etc is going, not
to mention
the realpolitics of you know, actual wars, financial or otherwise, it wouldn't be surprising if in 20 years
the average us citizen is on dialup
mircea_popescu: sure, for as long as you're rubbing sticks
together,
things can increase massively. once you start running up against
the limits of
the universe however,
that's
that.
BingoBoingo: Well
the
thing is we already have both
things. Bitcoin for global finance and Altcoin for embarassing Gavincoin
mircea_popescu: nubbins`:
this is not unusual for a first-world country, is it? << here's
the problem : you went from cable
to optic fibre
to do
that.
mircea_popescu: they got
the "global financial blabla" quite well pegged,
they figure, why won't we just eat some crums ?
mircea_popescu: govt wants it
the other way around, so why won't we be nice people and just make bitcoin a sort of replacement for sms payments already.
mircea_popescu: BingoBoingo but see,
the question is : govt doesn't want
to be a wholly owned subsidiary of bitcoin, and used as such, with its scrip a sort of ltc.
BingoBoingo: Boxes full of local cash. Only solution for using bitcoin in day
to day
transactions.
Naphex: ben_vulpes: (>>> Naphex: have you
tried btcd?) i have btcd running on a staging server. eats a bit more load but deffinetly not ready
to run on production. I'm still grabbing metrics from it so
time will
tell
mircea_popescu: we're not here
to be friends. we're here
to fuck over
the entire system, permanently.
mircea_popescu: this specifically requires avoiding
the
tarpit of
trying
to be yet another macdonals, helping along with welfare distribution.
mircea_popescu: and i don't care specifically because we want bitcoin
to
take over
the financial, and with it
the political power in
the world. all of it.
mircea_popescu: and no, im not gonna
think about
the spooks. i couldn't give less of a shit
that some single mom's ugly children are starving because her no fee half bitcent bitbet bet didn't get into any of sixty consecutive blocks.
assbot: Logged on 07-10-2014 18:01:23; mircea_popescu: making it n-0, retroactively.
THEY HAVE YET
TO ACTUALLY SCORE ONCE!
mircea_popescu: which is exactly
the point of all
this fucking derpage.
mircea_popescu: so one block will fit 100x as many
tx, and each solved block will yield 50x less in subsidies.
that's a 5k drop over 20 years. it's high enough
to kill
the price, and with it mining, and with all
that bring bitcoin back within
the financial ability of
the us.
mircea_popescu: thestringpuller: so average bandwidth in US (where Gavin is based) is 10Mbit. An incearse of .5 per year is like what 15 next
then 22.5 after
that etc etc <<< in 20 years
the per-block subsidy will be just about 40 bitcents. at
that same
time, gavin's block size will be 110 mb.
mircea_popescu: let him do his whatever
the hell it is and be happy, nobody cares.
mircea_popescu: but
the derpage about
taking bitcoin with him is ridoinculous.
mircea_popescu: go1111111: Gavin has a different idea of where he wants Bitcoin
to go<< no, actually, gavin has finally figured
that
there's not really space in bitcoin for him, and he wants
to move on. which is fine.
mircea_popescu: unl;ess
they wish
to not be pestered about uptading it
mircea_popescu: nubbins`
there's a downloads count on github, for what
that's worth.
mircea_popescu: because
the
troop has proven, multiple
times,
that
they're not
to be
trusted. plenty of
those are simple incompetence, but at least
three or so can be well argued as malice.
mircea_popescu: point is, nobody in his right mind would just go with
the "up
to date".
mircea_popescu: look, most everyone i know is using some more or less modded 0.5 0.6 some brave souls read
through all .7
mircea_popescu: Naphex functionality and security are widely disjunct
topics.
mircea_popescu: another facet is
the havok inflation wreaks upon capital allocation and generally marketplace decisions.
ben_vulpes: not implying
they're not shit, but curious
to know your opinion.