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755500+ entries in 0.509s
mircea_popescu: one would seem to be thermodynamic, which is to say that the total utility of work available is limited, and if you do outside useful work you won't do the work you set out to do in the first place.
mircea_popescu: well, there are two major problems involved here.
mircea_popescu: the entire thing shows striking similarities to the peta-and-animal-saving debacle, for that matter.
cads: mircea_popescu: lets leave aside the author's obvious retardation and focus on prime coin and the idea of doing externally useful work as a side effect of the cryptocurrency.
mircea_popescu: it's malignant alright, it's pointless alright, with or without all the huffpo crap the world would be exactly in the same position.
mircea_popescu: sort-of what the socialists are doing in the us, or the communists did in the soviet union.
ozbot: Scientist-devised crypto attack could one day steal secret Bitcoin keys | Ars Technica
mircea_popescu: malignant pseudopolitics is this process which expands to occupy all fora available.
mircea_popescu: perhaps amusing an exercise would be restructuring the argument, except directed at them.
chetty: I want a time machine, send those folks back to walk streets a foot deep in horse shit
mircea_popescu: now, that this is hogwashed into something pompous sounding like "malignant computing" is exactly typical of the mannerisms of the particular ideological group in question.
mircea_popescu: the idea is that bitcoin uses energy, and they don't like using energy. period.
mircea_popescu: that's besides the point. there's a certain troop of losers that have had a purely ideological problem with bitcoin mining since 2009
cads: can we make a computing system that grows such that it harms the market? sure, high speed trading has caused serious disasters - but we can also argue those are just growing pains and we're better off for the high speed bots.
mircea_popescu: cads you realise that's a whole lot of ignorant nonsense do you ?
cads: but only gives as an example Primecoin, a c-currency where the proof of work involves finding primes.
benkay: what, securing the monetary base isn't universally useful?
BingoBoingo: Well I'll post this again in case anyone can't scroll up http://www.thedrinkingrecord.com/2014/03/13/an-overview-of-betable-sports-part-2-basketball/
cads: the author seems to hint that if a proof of work system is going to be malignant and self expandingit may as well be proof of some universally useful work
cads: Arguments like that have been raised originally against high frequency trading, and as we're familier with, against the hashchain algorithm.
MisterE: and ftr I think hockey is still dominated by white barbarians
MisterE: unlike basketball that seems built for tv
MisterE: its one of those that does poorly transferring to TV
MisterE: but I've been to a hockey game and it's very cool
cads: "The Skynet hypothesis is a boogeyman intended to scare the young and the paranoid. The real threat from AI is that it will become so good at the pointless tasks that we have given it that those pointless tasks will become a black hole of resources." I am reading an article about a concept the author calls malignant computing - computing that increases itself and hurts the market in an effort to perpetuate itself. http://radar.oreilly.
benkay: wow that kotaku article's full of lulz as well. dude crumpled some modern tin fake building and didn't die.
BingoBoingo: I swear I tried to do the basketball post as honestly as I could without calling it nigger golf
BingoBoingo: And somehow this shit is more betable than Basketball http://kotaku.com/league-of-legends-pro-attempted-suicide-after-tournamen-1542880793
benkay: or sell access to specific pieces
BingoBoingo: In an immature market though... The dial might not even be attached to the cam
mircea_popescu: cads noobs gotta think they're smart, you know ?
kakobrekla: meh even the non btc advertising platforms are scams
benkay: well one of two directions, right?
BingoBoingo: benkay: It what way can I really turn the dial though
cads: hwy guys have you hear about that new cryptocurrency based on protein folding?
benkay: furthermore the blog credit market needs some price discovery
benkay: you have the price dial to turn as well
BingoBoingo: benkay: The thing is there is yet to be solid infrastructure for credits or advertising in BTC
benkay: you're missing the point.
BingoBoingo: benkay: Too young. Need at least three years... Or a catastrophic nuclear attack on New York, DC, and LA
BingoBoingo: benkay: basically the thought is if BTC keeps going up 30x a year, only a few BTC now can host a site for eternity
benkay: js embedded in the blockchain that executes in browsers
benkay: i heard tell of...
BingoBoingo: benkay: Site can't be hosted in the blockchain, but a contract can.
benkay: stick it in the blockchain, BingoBoingo
benkay: wow there's an idea forever hosting
BingoBoingo: My hope is I do this one fundraiser. Someone gets a year or decade of advertising, and the balance keeps the site alive for literally, rather than merely figuratively... forever.
MisterE: they just dont want the world to know it
BingoBoingo: kakobrekla: That might work
B007: " Beijing is copying the Japanese tactic of ramping up public infrastructure spending to replace the steep slowdown in private sector investment."
mircea_popescu: "China's Li Keqiang warns investors to prepare for wave of bankruptcies"
mircea_popescu: ;;later tell dimsler whoa that was quick.
BingoBoingo: I wonder if kakobrekla might want to help keep my blog alive for bit4x advertising and an oil painting?
MisterE: In a sign the tension may be spreading, Belarus - a Russian ally - confirmed Moscow had deployed, at its request, extra fighter jets and military transport aircraft after Nato boosted its forces in the neighbouring Baltic countries.
ozbot: BBC News - Ukraine crisis: Russia tells UN it does not want war
B007: yes, thanks
BingoBoingo: B007: You wanted a book on subjective decision making, I offered te same
benkay: wait hang on wrong title
chetty: same thing B007
B007: It does lool interesting though
B007: so what are some good books to learn about finance?
benkay: BingoBoingo my location's pretty trivially deductable
BingoBoingo: joecool: How much to kill http://www.youmeandbtc.com/ with fire?
benkay: sticks, in the vernacular
benkay: as in the styx?
BingoBoingo: Oh, benkay I would have pegged you as being from the Republic of Oregon
joecool: benkay: i'd like to think florida is too
mircea_popescu: so your gf is from topeka
mircea_popescu: bejeez all these foreigner terrorists getting uppity...
mircea_popescu: benkay you're not living in the US ?!
BingoBoingo: B007: It was a lie in the sense that the program admitted 3x more students than the market would bear and the students who got hired all sucked a meaner dick than I would
benkay: some family is flying babydoll and i out for her sister's birthday. this includes a Hajj to Disneyland, apparently.
benkay: anyways you guys i get to experience America this weekend!
benkay: yeah you can get real far with the sv crowd chasing those lcd pageviews
BingoBoingo: benkay: You understand. I want something ever so slightly more friendly for machine readers than human readers, and I only want rounded surfaced on my dick in sum bitch's mouth
benkay: ugh yes everything must now be flat text files gpg signed
benkay: someone who really matters in the ux world like twitter
ozbot: Blog Template for Bootstrap
joecool: might want to look at bootstrap too
benkay: droplets, eh? i imagine i'll go flat flat text with bare links next.
BingoBoingo: B007: I am a trained librarian who does freelance work because I was fed a lie... Well a lot of lies
ozbot: Welcome to an Easier Way to Blog
joecool: BingoBoingo: ah, you might want to look at moving it to something like dropplets
B007: Support BingoBlog by sending coins to: 17sTosfHxNzGD4VUP3pjoHCEVofzSEcL95
BingoBoingo: I prefer minimal styling though.
BingoBoingo: joecool: The design aesthetic on my site is ENTIRELY intentional
joecool: (not done yet, but getting there)
joecool: BingoBoingo: site is abit rough on the eyes, my co is doing design for youmeandbtc in return for advertising
BingoBoingo: joecool: Traffic is erratic
BingoBoingo: joecool: I am skeptical that I can find sponsors atm in the 2-8 BTC range, but... the blog made slasdot twice in 2014
joecool: BingoBoingo: what kind of traffic
BingoBoingo: If one of the other bloggers want to be the Patron I would be amenable to Slashdot coaching.
BingoBoingo: I'm amenable to parting with both the painting of Kim Jung Il's heart attack on a train and a portion of my sidebar together.
BingoBoingo: My fundraising target for the blog is 2-8 BTC, which should be enough to keep it hosted... forever
BingoBoingo: Would there be more interest in this oil painting http://imgur.com/F6IjZAJ or years, plural of an advertising placement on the blog?
BingoBoingo: First I need to come up with a fundraising plan for blog
mircea_popescu: here's a nice outfit to celebrate.
mircea_popescu: but you know, when in 500ad the sarmatians started pushing west, you knew something was scaring them at the other end.
BingoBoingo: Who wanted to trade Rare Earths yesterday... MisterE?
mircea_popescu: and so we literally don't know wtf their jets actually are.