716300+ entries in 0.401s
fluffypony: clearly I'm
the South African gubmint plant
mircea_popescu: if people want do discuss "simple forks of bitcoin"
they're well advised
to make
their
title read "simple forks of bitcoin"
mircea_popescu: <pankkake> what's obviously discussed here is altcoins
that are simple bitcoin forks << no, i was discussing in general.
fluffypony: and he goes "I'm going
to accept Litecoin because it confirms faster, I don't want
to keep customers waiting for Bitcoin confirmations"
fluffypony: people are also stupid - I've had an argument with a friend in Cape
Town who was considering accepting crypto at his store
pankkake: I'm not sure why I even
try, you just decided
to be dumb
today
pankkake: what's obviously discussed here is altcoins
that are simple bitcoin forks
fluffypony: pankkake: well what if a government outlaws Bitcoin but doesn't mention other cryptocurrencies? or
they suddenly start locking people up because
they can identify
them, and
then stuff like
this Bytecoin
thing with its ring signatures suddenly become appealing
to people?
peterl: simple
thermodynamics: altcoins exist, so some non-zero value must be in
them.
mircea_popescu: anyway, basically
that entire article is a poor rewrite of
trilema material, by people who aren't quite smart enough or informed enough
to be doing it.
mircea_popescu: the more govts derp,
the more relevant
they become.
the less govts derp,
the more
they seem
to fade.
mircea_popescu: it's not unlike
to german heer derping about how
tanks will make infantry obsolete.
mircea_popescu: pankkake
the notion
that altcoins "will die", for instance.
pankkake: though it's only obvious
things
pankkake: I fail
to see what's wrong with
the article
mircea_popescu: The Mises Circle was founded in January 2012 by Michael Goldstein, George McHugh, and Jose Niño,
to provide a forum for scholarship in
the Austrian economic
tradition at
the University of
Texas at Austin.
mircea_popescu: roughly
the equivalent of
the vc circuit making "bitcoin finance" cons and "bitcoin foundations" and whatnot.
mircea_popescu: fluffypony nah, some academia derps who'd like
to you know, matter.
fluffypony: what is
the mises circle? investor group?
mircea_popescu: leaving aside for a second
their complete inability
TO FUCKING QUOTE.
mircea_popescu: basically everything
the mises circle releases paints
them more like pretentious ignoramuses.
☟︎ ozbot: The Coming Demise of
the Altcoins (And What You Can Do
to Hasten It)
fluffypony: she runs
two of
the business units in
the group - salonsupplystore.co.za and sexybikinis.co.za
cazalla: indians are good
that way,
their relatives are always in hospital
punkman: I bought a 1TH mining contract
to get some ATC, but seems like
the guy screwed me
mircea_popescu: lol @
these idiots. mandatory eh ? no i mean MANDATORY
mircea_popescu: a
there it is. Vexual Difficulty 129,782.79 next 354,280.61
fluffypony: so I don't know enough
to form an opinion yet
fluffypony: mircea_popescu: I just heard about it
today
mircea_popescu: fluffypony apparently you weren't
the only one looking at
this, and apparently we don't
think very much of it.
fluffypony: AliExpress is a nice way
to overpay for something and spend 3 months waiting for it
Vexual: how many sha 256 computers are
there?
fluffypony: similar
to scrypt-n, with
that
the n-factor is based on
the previous block
mircea_popescu: new block (64 bytes in length) depends on all
the previous blocks. As a result a hypothetical “memory-saver” should increase his calculation speed exponentially."
mircea_popescu: "We propose a new memory-bound algorithm for
the proof-of-work pricing function. It relies on random access
to a slow memory and emphasizes latency dependence. As opposed
to scrypt every
Vexual: whats cryptonaot? ive got 2 months or reading
to do
fluffypony: "This whole story is quite strange and is getting stranger and stranger with each new fact about
this cryptonote and bytecoin-bcn. I've started
this
topic
to summarize all information
that we have
today. I feel like
the best solution is faq with proof-links."
mircea_popescu: A: "An open-source
technology and concepts for
the cryptocurrencies of
the future" as stated on
the website. Also, CN developers state it clearly
that
they are not a coin itself, but rather a
technological concept
that allows creation of new cryptocurrencies.
mircea_popescu: thestringpuller> curious. how do you know so much about American culture mircea_popescu ? << i lived
there, remember ? i live with us born chicks,
too.
fluffypony: and everyone just woke up
to its existence
fluffypony: apparently it's been around since April 2012 (according
to
the genesis block)
ozbot: [BCN] Uncovering CryptoNote
technology and Bytecoin BCN FAQ
fluffypony: has anyone been following
the Bytecoin/CryptoNote
thing?
cazalla: mircea_popescu: $5?
tell him's dreamin'
jurov: he spent several years
there
thestringpuller: i really can't believe i came back from smoking and read
that
jurov: ah
that i get it. need coffee
punkman: seems like a US
thing
to me
mircea_popescu: probably beats prostitution, especially if your
two gfs are ugly.
mircea_popescu: perfect fambly business, your gf could keep a network of friendly garage owners
to rent from, your other gf could spend all her
time doing one garage a day for five days a week, you can handle
the buying and logistics.
mircea_popescu: a pepper mill
that retails for $25 at Bed Bath & Beyond could be yours for 35 cents and moved on
to a 28yo fuckwit
that just bought a diamond ring and a mortgage for
the low low price of $5.
mircea_popescu: heh, just had a business idea. rent garages in first home neighbourhoods, buy crap for
the people doing pond shops, abandoned storage container auctions, police confiscation auctions etc
ozbot: Twitter / kiwiiiduck: changed "analogy"
to autocorrect ...
thestringpuller: mircea_popescu: "Much like .nobody knows how
to make movies. was generally
true in Hollywood, .nobody knows how
to make Bitcoin businesses. is generally
true in Bitcoin." << I wish designers weren't as "uppity"
these days. It's surprising
that a designer straight out of school
thinks
they know how
to "change
the world" better
than
their predecessors who have been doing it for decades, yet
these baby designers ha
fluffypony: jerbrightcove hasn't
tweeted since 2013
danielpbarron: is
that
the nokia brick? I used
that
thing until it wouldn't charge anymore
fluffypony: meh, I'm
the wrong person for
this debate, I'd still use a 3310 if it had more games
than Snake
danielpbarron: i don't even like mine for
the non-sensitive
things; it just sucks all-around
fluffypony: the whole "don't eat where you poop"
thing
fluffypony: I love my iPhone. but
then again, I primarily use it as a phone. I do a bit of browsing and play games and have a bunch of apps of various utility, but I don't use it for anything I would consider sensitive
HeySteve: those
things are backdoored
to hell
HeySteve: it's
the iphone itself which is
the real risk
mircea_popescu: ThickAsThieves <<
that's a huge
thing, documenting all
the memes. milk, and first, best and greatest and whoa nelly,
tons of
them
danielpbarron: that site is very pretty on my iPhone;
this makes me distrust it
danielpbarron: that's all only if you do it
through
the site, you can do
the actual signing yourself without giving
the site any private info
danielpbarron: it's all done in your browser but it's still not safe since you have
to
trust
the script served up isn't malicious
mircea_popescu: Apocalyptic:
http://www.bitfin.com/ << all
the people who aren't in Bitcoin finance but would like
to be, so rather
than join #bitcoin-assets prefer
to pretend like
they matter instead.
fluffypony: but
that
they can do with just
the pubkey...?
danielpbarron: which you could do yourself, but keybase is like a yellow pages of
these associations
fluffypony: ok so
they can "verify" your
Twitter/Github/whatever is really you
danielpbarron: keybase has you
tweet from your
twitter account, a special message containing a hash of a GPG signed statement of association
mircea_popescu: ;;later
tell decimation so what, fags were kulaks at some point.
they ceased
to be exactly because
they started pushing
that sort of
thing.
danielpbarron: you can upload your priv key
to
them and use a password for future signings
danielpbarron: fluffypony: it's kinda along
these lines except without posting
the contracts