645900+ entries in 0.44s
usg_press_machin: Thanks mircea. Re WoT was just joshing around. Re: brain wallets etc.,
the point is
that Bitcoin is as much a product of its users as it is
the blockchain.
mircea_popescu: i keep forgetting about
that and
then
talking at meanwhile devoiced ppls.
mircea_popescu: you can kill yourself with paracetamol
too, doesn't make paracetamol faulty.
mircea_popescu: <usg_press_machin> But from a more practical perspective, some of
the
tools people use
to interact with
the blockchain e.g. brain wallets or faulty random number generators are weak points. << how do you figure
this has anything
to do with ecdsa ?
mircea_popescu: <usg_press_machin> Surely it can't be
that easy. << why not ?!
decimation: you seem
to confuse "widespread adoption" with "powerful"
usg_press_machin: But from a more practical perspective, some of
the
tools people use
to interact with
the blockchain e.g. brain wallets or faulty random number generators are weak points.
usg_press_machin: But I suspect we're not
that far off - did you all watch
that "Declaration of Independence" video?
usg_press_machin: Roughly every
thirty seconds or so, I spend my life glued
to
the computer.
decimation: usg_press_machin: I assume you are dying
to give us pro usg propaganda?
mircea_popescu: usg_press_machin just how often do you check
them hits ?
ben_vulpes: i recommend a better handle
tho, lest you get stuck with
that one.
gribble: (eregister <nick> <keyid>) -- Register your GPG identity, associating GPG key <keyid> with <nick>. <keyid> is a 16 digit key id, with or without
the '0x' prefix. We look on servers listed in 'plugins.GPG.keyservers' config. You will be given a link
to a page which contains a one
time password encrypted with your key. Decrypt, and use
the 'everify' command with it. Your passphrase will (1 more message)
ben_vulpes: surely if you're derping about bitcoin you've access
to a privkey.
decimation: asciilifeform: re:
tax-farming :: in Maryland
there is such a
thing as 'ground rent' - 'landlord' can sell land from under your house if you don't pay
usg_press_machin: I've been following
the logs for a couple of months and figured it was a good opportunity
to pop in.
assbot: I guess
that makes me a
Tory | Preston Byrne
mircea_popescu: usg_press_machin i don't like you enough
to pm. and no, not really. you can comment on it once it's done.
mircea_popescu: anyway,
this is resulting in an article, so. gimme an hour here.
decimation: mircea_popescu: surely you do not mean
these guys receive paychecks from usg. plenty of people shill in
the hope
that
they can get scraps from
the master's
table
decimation: somalia would exist if not for
the us decolonizing everything
mircea_popescu: meanwhile
the guy's "business partner" drones all about how "you gotta live in real anarchy". because
totally nobody ever did it outside of his dumb american ass, being leeched by some somalis for a few years.
mircea_popescu: that's what
teh boys got. how well bitcoin integrates (ie, how well some usg
twerps nobody
takles seriously have pretended
to integrate with
their puppet masters. herp.) and how unsovereign it is.
mircea_popescu: ECDSA is imperfect.
The hunt for
the perfect mining algo is ongoing; Bitcoin’s in particular has proven
to be a
tremendous waste of electricity,
the process little more
than an environmentally harmful race
to
the bottom.
The protocol supports a mere 7
transactions per second. Protocol development has been difficult
to implement on account of
the centralisation of mining power and community inertia. "
assbot: I guess
that makes me a
Tory | Preston Byrne
mircea_popescu: it's not just preston byrne or
this or
that derp. it's about a hundred of
them by now, and as
the old saying goes :
the problem with
this world is
that while smart people are hesitant, government shills are full of words.
assbot: On
the Sovereignty of CryptoCurrencies -- What Bitcoin can Learn from Somaliland
kakobrekla: its over, we can pack and go home put ba
to +m.
gribble: Bitstamp BTCUSD
ticker | Best bid: 497.62, Best ask: 497.79, Bid-ask spread: 0.17000, Last
trade: 497.62, 24 hour volume: 16561.50479641, 24 hour low: 481.55, 24 hour high: 521.79, 24 hour vwap: 500.762394477
mircea_popescu: for easy comparison, argentina legally allows prostitution, but not pimping.
this is roughly equivalent
to allowing lyft/uber but not
the
traditional style.
mircea_popescu: there's a reason
the
traditional "taxi mafia" is prevalent all over
the world.
that
technology may force
the government
to release its extractive grip of said mafia
tho...
this is dubious. works for as long as people have
the upper
tech side, but
this pendulum swings.
mircea_popescu: anyway, small, worthless
transactions like say a cab ride aren't
too adequate for
this sort of application because people can't be arsed
to bother.
justusranvier: that
they are *not* about
to do business with a cop
justusranvier: So by
the
time
this all happens we should have
tools ready
that are specifically designed
to allow people
to conduct in-person commerce with some assurance
they are about
to do business with a cop
justusranvier: By
this point, however,
the only attack vector will be sting operations against individual drivers.
justusranvier: What will
they do? Of course,
they'll do exactly what
the
taxi drivers are doing
to
them - demand
the government "do something"
justusranvier: Right about
the
time
they win
this battle, pure P2P versions of what
they do will start cutting
them out of
the loop entirely.
justusranvier: However,
the process of doing so is going
to be very expensive and consume
the profits
they should rightfully have made.
justusranvier: They'll get in bed with
the lawmakers and regulators and get
the rules changed so
they can participate.
justusranvier: In
the near future, Uber and Lyft are going
to win
their battle with
the established
taxi mafias.
justusranvier: I do
think
that invitation-only networks have a role in
the future, and creating incentives for proper vetting will be important, however
those are accomplshed.
justusranvier: I gave an example implementation, but it's purpose is mostly a
thought exercise.
justusranvier: Mostly I just want people
to start
thinking along
the lines of how
to harden existing systems specifically different
threat models
than
those
they are accustomed
to combating.
mircea_popescu: so in
this sense "stop being stupid and use
the b-a model" is about a billion
times more effectual
than "here's how you could do it
theoretically"
mircea_popescu: the reasons it's not well implemented are in no sense scientifical, but purely political, and so
the solution isn't going
to come from writing it up, but from a willingness
to work with others already doing it.
mircea_popescu: anyway. yes,
that's
the concept, it's not particularly novel or revolutionary, even if everyone from facebook
to amazon ratings implements it very very badly.
justusranvier: I lost
the password forum account, and don't have
the email it was linked
to any more. I may have an archived PGP key around somewhere
that was linked
to it
though.
assbot: List of honest
traders.
mircea_popescu: well
that's what it is,
this reads
to me like someone joined b-a and went "you know what ? ima make an altcoin!!1"
mircea_popescu: there's nothing wrong with seeing something you like and
trying
to understand how it works, or implement it.
there is however something wrong with seeing something you like and imagining you invented it.
that something is
that in exchange for
the stroking of vanity, it also isolates you from
the exact people you don't really want
to be isolated from, id est,
those people who actually do
the
things you like.
justusranvier: If you're going
to speak about credit
though, as far as I know I was
the first person
to suggest ising GPG-signed ratings for Bitcoin
trading.
justusranvier: mircea_popescu: It's an idea for a
tool designed more for in-person, non currency
trades
assbot: !bash <lines> (desc: bashes last <lines> lines
to bash) {short: !b}
assbot: !mp <signcrypted dpaste.com url> (desc: returns
the response from MPEX order)
assbot: !ticker <exchange> <ticker> (desc: returns current
ticker values, supported: MPEX, HAVELOCK, BTCTCO) {short: !t}
gribble: Bitstamp BTCUSD
ticker | Best bid: 500.79, Best ask: 500.99, Bid-ask spread: 0.20000, Last
trade: 500.99, 24 hour volume: 16601.42555722, 24 hour low: 481.55, 24 hour high: 521.79, 24 hour vwap: 501.157795826
mircea_popescu: justusranvier so what is
this, basically an awkward rework of
the b-a voice model without acknowledging
the source and practical use
thereof ?
mircea_popescu: i hear great
things about
that bloomingdale's executives programme.
BigBitz: I would agree with
that sentiment.
BigBitz: mircea_popescu ...
the 100BTC ?
mircea_popescu: and yes, it was served on a little stovelet at
the
table, with embers.
mircea_popescu: theodred
that's
typically romanian an ending. like -ian for armenians.
theodred: porterhouse steaks? need cast iron for
that
BigBitz: mircea_popescu you can meet me
there.
theodred: mircea_popescu: nice.. ah,
the ending escu in ur last name.. came
to mind.
mircea_popescu: or else, i could document
the best porterhouse steak in
the history of porter houses everywhere.
BigBitz: With your 100BTC I will document a
trip
to Vegas where I bet
the whole amount on one roulette spin.
BigBitz: mircea_popescu sure. But I am not one of
them.
mircea_popescu: BigBitz
there's plenty of people in vegas already you know.
gribble: Bitstamp BTCUSD
ticker | Best bid: 501.27, Best ask: 502.98, Bid-ask spread: 1.71000, Last
trade: 501.26, 24 hour volume: 16713.65731601, 24 hour low: 481.55, 24 hour high: 521.79, 24 hour vwap: 501.109066316