log☇︎
767000+ entries in 0.493s
asciilifeform: and i'm sure virtually everyone is familiar with the use of morse code by prisoners, historically.
mircea_popescu: diametric but it is a specific thing. it means "fucking" :D
mircea_popescu: asciilifeform "there is no prison that may hold the literate"
asciilifeform: so something resembling bitcoin (well, more like Hawala) could have worked even there.
mircea_popescu: you'll end up with larger heat exchangers than solar panels
mircea_popescu: but one of the biggest problems for any energetically intensive application outside of earth is like... how the fuck you cool it.
asciilifeform: phun phact - in soviet prison camps, notes ('scribbles', roughly translated from the argot) went around freely from one end of the archipelago to another. (how? bribe a guard)
mircea_popescu: <asciilifeform> Duffer1: cooling in space is a bitch << this somehow never is directly obvious
diametric: I think the problem is people use the word regulate like its some specific thing.
Duffer1: can a level of bureaucracy exist sufficient to regulate Bitcoin?
asciilifeform: (radiative only, if this is somehow non-obvious)
thestringpuller: lol operate a bitcoin exchange from a space station. no government there...
TomServo: No doubt. It worked wonders for Target, didn't it!
mircea_popescu: eh let teh vcs have fun
thestringpuller: PCI compliance is a joke, yet it accounts for good chunk of the expense budget...that gets passed onto the customer. thus we have bitcoin. So what happens in 20 years big government regulates BTC and you need 10 licenses just to touch it in Country XYZ?
thestringpuller: payment processors have too much overhead due to regulation...you pay so many fees just cutting through red tape
ThickAsThieves: "with friends like this, whi the fuck needs cointelpro"
BingoBoingo: Well, when you want to be everyone's friend you forget if you actually have friends or not.
ozbot: Open Letter to Michael Casey - WSJ reporter who butchered my comments in today's Bitcoin cover story
mike_c: looking at slides like coindesk's makes me mad for some reason. those stupid charts with "here's why btc went up" and "here's why it went down". they should post that on bitcointalk and be done with it.
mircea_popescu: BingoBoingo see, hour late or not, it made the paper http://paper.li/ionescupopescu
mircea_popescu: but as a general principle actual finance does not belong in the mouth of pundits any more than science belongs in the mouths of politicos.
mircea_popescu: that's the debatable point, but anyway. some slack for everyone to cut closer or further by his taste.
mircea_popescu: maybe. tho...
mike_c: and maybe even buy those little plastice outlet covers to make sure they survive :)
mircea_popescu: i think that's overall the best policy.
mircea_popescu: you just go about your business without making a big deal of them and let the kids grow up with all their limbs
mircea_popescu: you don't make a big secret out of the power sockets, or the power tools in the garage
mircea_popescu: the idea isn't to keep anything a secret, god forbid, but basically i think we should be informed by the correct interraction with children in a family.
jurov: somehow no one is up to it
mircea_popescu: mike_c anyway, stuff like publishing the correct numbers is useful and welcome.
jurov: and start offering free mpex trading for masses
mike_c: although i guess they could have coinbr accounts
mircea_popescu: the day you're in the same boat with the sorts of people "investing" in groupon it's prolly time to move on.
mircea_popescu: the controlling point here, i guess, would be the observation of Kennedy sr that fuck it, when shoeshine boys discuss stocks it's time to get out.
mircea_popescu: rest of 62% is in other dead in the water nonventures.
mircea_popescu: 38% is in dead in the water pps
mircea_popescu: ThickAsThieves well... it is. of the 1-2% of bitcoin marketshare that us vcs get
BingoBoingo: Could their numbers have ever been right?
ThickAsThieves: it also makes their numbers wrong
mircea_popescu: last thing you need you know, is thebitcoinwife being knowledgeable about stocks.
ThickAsThieves: so much that it being absent is odd
ThickAsThieves: well i dont mean to imply i wish it promoted
mircea_popescu: but it's really just setting up everyone to get hurt.
mircea_popescu: i mean they can end up believing it is, like they end up believing any other nonsense they believe
mircea_popescu: i really don't want this viewpoint promoted whereby bitcoin finance is this point of interest for the general public.
BingoBoingo: Stocks and exchanges aren't for the herd
Duffer1: seems like a situation where they'd just rather forget
mircea_popescu: why would they ?
mircea_popescu: TomServo kinda lulzy cause it went pretty much like an old guy's erection, that forced coin.
ThickAsThieves: like zero mention in the coindesk report
ThickAsThieves: it's odd to me that the bitcoin world ignored bitcoin stocks and stock exchanges so much
BingoBoingo: If only the latest trilema piece had come out an hour earlier
assbot: [HAVELOCK] [B.MINE] [PAID] 2.39675101 BTC to 2`983 shares, 80347 satoshi per share
BingoBoingo: Also 737 people reffered by Slashdot in the first hour as the last of four links in the story.
Duffer1: ya that kinda stuff gets under my skin pretty quick
Duffer1: I plan to give @RealAlexJones some free #maxcoin next week. No need to bother with Bitcoin, #maxcoin is better. Currency of the Resistance.
BingoBoingo: Duffer1: Max doesn't have the dignity for that
Duffer1: max seems to have become the thing he hates
mircea_popescu: see the jan 31st discussion with herbi, it's linked in the tweet.
BingoBoingo: At this rate COindesk is headed into a Max Kaiser like niche becoming a noob ghetto
mircea_popescu: the argument is strong and well made, but not by them and not by their fucktarded infographic or w/e that thing is
BingoBoingo: ThickAsThieves: Everything, it is the coindesk way
mircea_popescu: link is there, "o derp, bitcoin is the greatest asset class in the histopry of business"
ozbot: Twitter / Mircea_Popescu: If you're going to rip -assets ...
ThickAsThieves: what did they rip?
mircea_popescu: the derpage coming out of that thing is almost like bitcoin magazine runs it.
thestringpuller: mircea_popescu: "You know you've done things right, when people aren't sure you've done anything at all."
ThickAsThieves: <mircea_popescu> i have no idea why people continue doing it. must be a mental disorder on the management side. /// marketeers are persuasive, it's their job
mircea_popescu: i have no idea why people continue doing it. must be a mental disorder on the management side.
mircea_popescu: and the userbase liked it.
BingoBoingo: So, less than 10% of slashdot users are using the new layout
mircea_popescu: (this was back in the ra ra ra days of to the moon when btc first broke 100)
mircea_popescu: ThickAsThieves he used to back before i ended up wearing his asshole as a windshield decoration
Bugpowder: Wouldn't want to bring down my influence.
Bugpowder: Why would one want to engage with Keiser?
mircea_popescu: if only mr Y asked the demonstrator ppl what music they liked....
ThickAsThieves: get Keiser to engage, that's a real challenge
nubbins`: i'm only here because you guys all like Talking Heads
mircea_popescu: cause you know, that's how you make friends.
mircea_popescu: ThickAsThieves you missed the huge argument with anil dash coupla days ago ?
mircea_popescu: i abandoned it cca 2012 cause they made it js-unusable.
mircea_popescu: they fixed the site.
Bugpowder: Nice to see you getting back into twitter.
mircea_popescu: https://twitter.com/Mircea_Popescu/status/438708150469132288 <<< lettuce bother them.
BingoBoingo: Well, I guess years of reading them taught me their copywriting style
mircea_popescu: Bugpowder lolwut? o tsla you mean ?
mircea_popescu: speaking of all that.
ozbot: Scientists Discover a New State of Matter in the Last Place You’d Ever Think to Look | TheBlaze.co
pankkake: I wonder if the UI is just a photoshop thing for now
mircea_popescu: my brain is telling me things.
ThickAsThieves: "Having only one currency that can be used for betting makes bet-matching simpler and easier (and more likely). The currency for making bets cannot be BTC, because the Counterparty protocol cannot debit BTC from a user’s address."
Duffer1: pretty ui though >.<
ThickAsThieves: counterparty is one of those things like mastercoin right
Duffer1: never heard about it until i was catching up on my daily actm drama this morning
mircea_popescu: ThickAsThieves link him to http://log.bitcoin-assets.com/?date=24-02-2014#526451 ☝︎
mircea_popescu: and really as entry level bureaucrats... how smart can they be ?
mircea_popescu: kinda sitting ducks because they're slaves to their talking points
mircea_popescu: it's kind-of becoming a fun sport these days tho, find agents twist their arms.
nubbins`: twist: GCHQ stole pdf from gox and leaked it via their agent selkis