716500+ entries in 0.411s
thestringpuller: Bitcoin with it's fixed maximum supply and decreasing rate of new coin generation is going
to continue moving against
the dollar. Any plan for a business
that
touches both Dollars and Bitcoins needs
to be prepared for
the contingencies of both Million Dollar Bitcoins and for One Dollar Bitcoins.[1] If either contingency breaks your business model, you need
to rethink your business model unless you want
to be runn
decimation: mircea_popescu: "anyway,
this constant
tendency
to abstract people out of life is a sickness by now." << I suspect as least 90% of USG spending is put
toward programs who have
the goal of
treating people as if
they were automatons
ThickAsThieves: feel free
to help with definitions, origins, new words, and links
ozbot: Bitcoin Finance 2014 - Dublin Conference | Digital Money and
the future of Finance
nubbins`: was going
through a real meatspace phase D;
nubbins`: haven't seen much
that's come out in
the past decade or so
moiety: nubbins`: i was going
to suggest you watch a film but i
think you've seen everything ever made XD
nubbins`: yeppers. i didn't design
the manson poster
tho, just printed em
moiety: glad
to hear it! were
the other pics yours
too?
moiety: aw don't get
too snowed under, breaks are good! i saw your picture :D loved
the heart on
the bum.
nubbins`: benkay i
think you mean dov charney :D
moiety goes
to wash eyes with bleach brb
ThickAsThieves: so i'm watching Paul Romero's youtube and listening
to Heroes shit.
The guy's damn good.
benkay: best laptop chassis on
the market,
though
danielpbarron: maybe i configured something wrong; don't have
this problem on my laptop
thestringpuller: if i lose it. im fucked. re enterin makes you back
that shit up if anything.
danielpbarron: hm, I wish cookies were more persistant in chromium for iOS; keep having
to re-enter my
trilema credit pass
cazalla: that
towel is clearly australian made
benkay: now
that's punishment!
mircea_popescu: the guys ended up spending all
their
time being awkward.
mircea_popescu: benkay well after
the first coupla hours of awkward,
the chicks loved it, cause apparently it's more comfortable.
benkay: how so
too much power in
the hands of
the girls?
mircea_popescu: the settlement included guys having
to always split
the drinks
tab among
themselves.
mircea_popescu: the guys
thought it puts
too much power in
the hands of womenz and it basiclaly sucks and is opressive.
mircea_popescu: funny story : at one particular workplace we actually had
topless day. buncha young people,
the guys
thought it was great.
benkay: "we see
that you're making your employees uncomfortable. please pay us your entire profits for
the past
ten years."
benkay: except
then
the Labor Department steps in.
benkay: don charnley has some hack for
this
benkay: "i don't feel comfortable being
topless at work."
benkay: bringing insane risk down onto
the company.
benkay: i go out, i meet a chick as part of my gadding about
the local scene. she's an acceptably well-practiced and hardworking programmer. i like her, we fuck. i can't hire her now basically.
benkay: allowed it
to be a part of life, you know?
mircea_popescu: we'd be better off allowing violence, from
the schoolyard all
the way
to
the workplace,
than having
this diffuse "everyone hates everyone" sort of poison floating about.
mircea_popescu: on it goes. you gotta have people in
the loop or it ain't a
thing.
mircea_popescu: law without people degenerates into
the us sort of national-socialism.
mircea_popescu: anyway,
this constant
tendency
to abstract people out of life is a sickness by now.
mircea_popescu: give her $100
to buy fishnet stockings, watch her come back with a purse and batteries.
mircea_popescu: i was
thinking,
this is kind-of how plenty of women do shopping
today anywya
benkay: not
the handmade leather shoe crowd
benkay: point is only
to outcompete
the fiverr crowd
benkay: "here are your five options! send btc
to 1MACHINETHINKER and pick one package for downloading!"
mircea_popescu: "go
to buy shoes. come back
three hours later with a half cup made out of
tin foil and something
that looks like a mouse with no buttons"
benkay: machine
thinks for another hour
benkay: machine
thinks for an hour
mircea_popescu: a sort more palatable
to
the modern religious mind, which as you stated, works on
the " Grand Designers will come up with Cool Shit" faith
benkay: not a
terribly bad idea
mircea_popescu: jurov has it.
the entire
thing is a restatement of
the perpetuum mobile,
jurov: having ability
to check specs automatically will result in unemployed designer, will be easier just
to machine evolve something
that fits
the spec
fluffypony: mircea_popescu: absolutely, I have faith
the Grand Designers will come up with Cool Shit (tm)
mircea_popescu: yeah,
this is exactly
the problem we're discussing. you don't understand
the subject, but you do have convictions as
to what works and how, and what
the future will bring.
benkay: distributed systems as a
term of art in
the industry (as i'd expect you
to know, fluffypony) does not refer
to
these blockchain applications
fluffypony: but look at a decentralised data store like
Tahoe-LAFS, for instance
fluffypony: I'm
thumbsucking here, I'm not a distributed systems expert
benkay: gotta
trust automated system
to not get haxxed
fluffypony: an automated system is able
to verify
the validity of
the download link and
that
the checksum on
the download matches
the expected checksum of
that song
mircea_popescu: so i buy some shit from you. i send it
to an addy where you have a sig and i have a sig and we must both sign for you
to get paid ?
fluffypony: ok so a 2 of 3 multisig
transaction
to purchase an MP3 - funds are now out your wallet and requires
two sigs
to release
to
the supplier
fluffypony: mircea_popescu: well it's already somewhat possible
to have automated escrow with multisif
benkay: fluffypony: i've yet
to figure out how
to build a DAC i can't rob.
mircea_popescu: "when
trust becomes a product of data instead of a product of human decision making." << srsly,
this is nonsense fluffy
benkay: let me know
the conversion rate of mp heart-degrees
to btc, eh?
fluffypony: functionally and from a design perspective.
The *software* signs off on
the
transaction with no input needed from
the client.
fluffypony: mike_c: I
think interesting
things are coming from "trustless" systems when
trust becomes a product of data instead of a product of human decision making. For instance, imagine a designer works with a client who specs
their project out. When
the designer has completed it and delivered it, intelligent software is able
to analyse his design and determine within a reasonable amount of probability
that it matches
the client's agreement both
benkay: b)
the 'security' 'peers' on
the alternative exchange.
kanzure: mircea_popescu: does it remove your address book etc? or does your data still contribute
to
their spam machine.
benkay: the
taint coming from 2 sources:
benkay: fluffypony: if i can't list a
thing on mpex, i haven't made a good enough
thing.
there isn't another exchange out
there
that i'd sully my
thing by listing on.
mike_c: counterparty is
the next nothing.
fluffypony: benkay: so what you're saying is counterparty is
the next "Red Hot Penny Stocks"?
mircea_popescu: this is
the nonsense at work here, a sort of
tech worship.
mircea_popescu: fluffypony
the fundamental flaw is
the naive expectation for
tech
to work by intself and in of itself.
mike_c: <+fluffypony> when accountability can be controlled programmatically <<
that hurt my brain.
benkay: i
thought facebook/myspace were "VC Gems"
fluffypony: when accountability can be controlled programmatically instead of enforced by
the po-po
fluffypony: I don't
think
the
tech is fundamentally flawed, I
think
there's a lot of good stuff and good ideas underlying it all...I just
think
that anything like
that is only really going
to be useful in 20+ years when
the current banking/regulation systems are significantly different from
today
mircea_popescu: like
the purpose of myspace/linkedin etc is advertising and "user data"
benkay: mircea_popescu:
the purpose of a scam exchange is no accountability and access
to pennies from paupers