log☇︎
698100+ entries in 0.45s
princessnell: economics is the study of decisions to allocate scare resources given unlimited wants
ThickAsThieves: and then this transfers into designs of systems, complex problem-solving, computer modeling
princessnell: it's a bit hard for me to separate
ThickAsThieves: just thinking out loud
ThickAsThieves: so maybe there are ideal or dynamic or codependent or viral economies
ThickAsThieves: a game of life kind of thing with economies as organisms or whatever
ThickAsThieves: what i'm working on, includes a suggestion that there are multiple types of economies, each with roles/strengths
ThickAsThieves: can you illustrate it in contrast to the physics point?
asciilifeform: danielpbarron: ought to take you 1 min. or so
danielpbarron: asciilifeform, will try
princessnell: this is the biology point
princessnell: i think it's bizarre to call it non-teleological personally
princessnell: that's the physics point
ThickAsThieves: i dont think an economy can be perfect, because all ecomonies must die eventually
assbot: wget http://ftp.de.debian.org/debian/pool/main/s/ssss/ssss_0.5.orig.tar.gz tar - Pastebin.com
asciilifeform: danielpbarron: let's try http://pastebin.com/CfXkxAfW
danielpbarron: do we need a contract or do you trust me?
danielpbarron: you would do this?
ThickAsThieves: I also take issue with "perfect"
ThickAsThieves: well, I see weaknesses in that it contains itself within each of its requires elements, and that there is aguably a lack of distinction between the punishment gazette and the forum
princessnell: what is the itch here
ThickAsThieves: princessnell, you mean mp's perfect economy theory?
thestringpuller: fluffypony: yea I think that story is a good textbook example of "true love" or what have you
princessnell: ThickAsThieves curious, what do you think the theory lacks?
fluffypony: thestringpuller: btw, watched that clip with the wife, was a little teary at the end :)
danielpbarron: what would be a decent bounty to offer for someone to figure out how to compile ssss-0.5 on openbsd 5.5?
ThickAsThieves: right, so it's basically trying to understand how physics echoes into economies
benkay: thermodynamics is at the root of everything, especially economics.
ThickAsThieves: it probably all boils down to something super simple, like a basic physics concept
ThickAsThieves: this began a common thread through other observations about bitcoin and systems
ThickAsThieves: and maybe just scratching the surface of something more applicable
ThickAsThieves: i felt that his theory wasnt complete
ThickAsThieves: 's theory for perfect economy,
ThickAsThieves: basically, since that day i was trying to prove that mp
asciilifeform: buy nothing that wasn't penned by mr. a personally
ThickAsThieves: yeah i was bombarded with TRIZ on amazon
asciilifeform: people buy something with 'triz' in the title, and get... a turd
asciilifeform: ThickAsThieves: they are the most likely reason why his work remains obscure in the west.
asciilifeform: ThickAsThieves: unfortunate. the fellow's long-dead, and sales of the translations feed the idiot hucksters who claim to be altschuller's students (they peddle derivative crapola to american 'mba' types)
ThickAsThieves: already ordered the book :)
ThickAsThieves: jurov, foolish only in the way that Darwin was
assbot: Download And Suddenly the Inventor Appeared.pdf
ThickAsThieves: i line a repeated a few times at the bitcoin conference: "You can't remove trust from transactions, you can only design it to be where you prefer it"
asciilifeform: ThickAsThieves: if you want heuristics you can actually use immediately, read 'suddenly the inventor.'
princessnell: I'm writing about that right now so I'm a bit anchored :)
ThickAsThieves: that you cant remove human traits from human things
princessnell: Well, you know what you're looking for. But if humans are involved in the system, then those areas become indispensible.
ThickAsThieves: but more like the science of systems
thestringpuller: Where did XBOND's cashflow really come from then? You were trading drugs or something?
ThickAsThieves: it's hard for me to articulate succinctly
ThickAsThieves: i'm trying to approach it to extract more absolute observations
ThickAsThieves: i'm not sure i agree on those points,
princessnell: ThickAsThieves and probably The Righteous Mind since this ultimately involves moral sympathies
BingoBoingo: ThickAsThieves: If you go ahead with the Spinoza I recommend posterboard for note taking
princessnell: ThickAsThieves I'd think human psychology would factor into those questions as well. Thinking Fast and Slow would be a good start.
ThickAsThieves: I guess i'll order that too
ThickAsThieves: someone else had mentioned Antifragile to me for some other reason
ThickAsThieves: not true at all
thestringpuller: ThickAsThieves: RE: Not representing mining in any broad way. << You did operate assets that correlated to hashpower, so I just kinda figured you were a "mining something" you know?
ThickAsThieves: which i have tendency to do
BingoBoingo: ThickAsThieves: before the Politics, You'd probably need to read Spinoza's Ethics to get to some of the WTF
ThickAsThieves: i want to make sure i'm not inventing ideas someone else has already
asciilifeform: ThickAsThieves: the english translation is a bit clunky but still eminently worth it.
ThickAsThieves: basically theorizing about how all these things interact and how to best design them, thinking of decenttalization and centralization as order and chaos, as tools, not problems
asciilifeform: ThickAsThieves: 'And Suddenly the Inventor Appeared.' by Genrich Altshuller. ☟︎
pankkake understood none of these words
ThickAsThieves: well anyone else is free to answer too ;)
ThickAsThieves: asciilifeform, i've been trying to write up some thoughts on abstract system design concepts, stuff in the area of mircea's perfect economy, systematics? dynamism, resilience, co-dependency, etc. Do you have any suggested reading?
pankkake: I don't think creating a new coin is an honest attitude
asciilifeform: and the number of people capable of writing a true from-scratch (vs. cribbed) alt is probably single-digit.
pankkake: I don't think it will be an altchain. Just hard-fork the bitcoin blockchain into something actually better.
ThickAsThieves: which also happens to be one of its weaknesses
asciilifeform: i venture to guess that it is because the temptation to 'go retarded' (e.g. premine, insert 'egalitarian' crapola like demurrage, reward phriends, etc.) is overwhelming.
ThickAsThieves: even then bitcoin may beat "better" coins
ThickAsThieves: theyll probly come over time
asciilifeform: i'm still waiting for a hypothetical altchain that is neither a joke, nor retarded
ThickAsThieves: the logic and design of bitcoin may be elegant, but it must still live through the filter of everything else
ThickAsThieves: or suppose it leads to blacklisting
ThickAsThieves: suppose it triggered other problems
fluffypony: like him suddenly being wealthier than all nations on the earth combined and demanding to be our overlord?
ThickAsThieves: having a large proportion of the money isnt a problem per se
asciilifeform: ThickAsThieves: let's say they all get sold tonight. at this point, this may not be a 'death'
ThickAsThieves: well i'll be that guy and bring up satoshi's coins
asciilifeform: ThickAsThieves: please try to think of a scenario where a weakness (in the usual sense) turns up, but does not kill classic btc and its alts simultaneously.
ThickAsThieves: they may all have similar weaknesses, but not all die the same detah
asciilifeform: ThickAsThieves: on account of them being codewise clones
asciilifeform: ThickAsThieves: afaik no way to kill btc without taking down all known (at least sha-based) alts with it.
ThickAsThieves: I think people like to forget that bitcoin has plenty risks to its life
fluffypony: pankkake: on scrypt GTX 750 ti does half the hash rate of an AMD R280 at half the cost, but it uses 40W of power instead of ~300W
pankkake: no, their cards aren't very good for proof of works
fluffypony: ThickAsThieves: their mining performance on the Haswell chips is amazing
asciilifeform: but what is the alternative? the race goes to the snails?
ThickAsThieves: i thought i heard they made one
asciilifeform: pankkake: what people complain about is that 'the race is to the swift'
pankkake: I fail to see the centralization of ASICs. GPUs = AMD. that's it. CPU = 99% Intel.
ThickAsThieves: <+asciilifeform> ThickAsThieves: if ECDSA pops, afaik all known coins go with it /// lotsa ways to kill a coin
pankkake: fluffypony: I think you mean 12-17 males :D
asciilifeform: 'if shit has antigravitic properties, kitchen chairs would look like toilets, and toilets would be chimneys.'
fluffypony: everyone complains about every level - CPU mining? terrible because botnets! GPU mining? terrible because only 25-35 white males have GPUs! ASIC mining? terrible because centralisation!
asciilifeform: pankkake: this is nonsense. given as it assumes that the price of such rentals is entirely unaffected by this possibility.