774300+ entries in 0.461s
decimation: On
the other hand, it's better
than nothing at all, like BFL
decimation: yeah.
they claim it's because
they are having
to delay delivery of
the newer 20 nm chips
mircea_popescu: decimation "everyone's making roi" or how did
the scammertalk go
BingoBoingo: mircea_popescu: Well, I
think when herbi was
trying
to sculpt an orderbook I pointed out
that in fiat world
the cheapest part is
the money. Maybe
this week a
trailer park sells for $200, maybe next for $200,000
decimation: I bought one of
the knc miner neptunes,
thinking
they would deliver. In retrospect, it was a dumb idea. Now
they want
to deliver me rights
to
their "datacenter"
that will mine for me
mircea_popescu: BingoBoingo it's dubiously fiat's fault, seeing how
the solidus and aureus backed
the same principle.
BingoBoingo: mircea_popescu: American handegg has
the same problem as boxing. Amazing where ad revenue goes when fiat backs
the ads.
mircea_popescu: decimation notice
that asic production only began in earnest once
the set of fanbois crossed into
the 100k heads
territory.
mircea_popescu: tennis is free from
this. if anything, every match makes you better.
mircea_popescu: BingoBoingo boxing has
the problem
that every fight kills you a little.
decimation: it strikes me as unlikely
that random fanbois were able
to actually design and build asics
BingoBoingo: The problem with boxing is
the opposite
thing. Where any party can veto any matchup. At least
tennis forces
these issues.
BingoBoingo: mircea_popescu: In a
tournament she may have no choice.
BingoBoingo: The Alma mater couldn't do it. Maybe
this woman who
turned
tits into a rocket can.
mircea_popescu: i doubt miss williams wants
to play a scrappy player from romania.
BingoBoingo: mircea_popescu: If she matches up against WIlliam soon I'm going
to make so much money and maybe kill a sportsbook.
BingoBoingo: So, I've bet on slovenia
to beat Sweden in Olympic hockey
to multiply my bet by 20
BingoBoingo: mircea_popescu: Well he started with
two other noobs. One had sense
to quit hours after my blog post.
The other didn't quit until a few weeks ago.
The one unfortunately stuck with
the forum handle has sent me so much angry correspondence.
mircea_popescu: (they spell
the ligature i as a j for some god forsaken reason)
mircea_popescu: "It is plain
to see, from both sides of
the issue,
the
troubles associated with PayPal payments.
The problem SWMC would have with accepting PayPal payments is
this: An investor purchases a Contract for X-GH/s using PayPal for
the purchase.
The mined BTC for
the Contracts is paid
to
the investor over
the following 6 months (for
this example,
the life of profitability of
the investment.)
Then, sometime between 6
to 12 mo
greenspan_fan: mircea_popescu hi, I've been reading your blog and
thought I'd check out
the chat
decimation: yet people are not "waiting
to buy" computers
decimation: as MP pointed out bitcoin is inflationary for a long
time
decimation: this is why I find
the "oh noes,
the deflation" objection
to bitcoin hilarious
mircea_popescu: the
trade value of gold may never exceed
the energetic cost of gold"
mircea_popescu: grossly stated, "seeing how
the value of gold in a finite space would be a function of other physical processes in
the same finite space,
mircea_popescu: asciilifeform i
think i may prove a metastability re neutronsa
decimation: it's my understanding
that sdcards are cheaper
than
the equivlient plain flash ships
mircea_popescu: kinda shows why
the entire utilitarian and monetarist stuff is nonsense with a dab of cream.
mircea_popescu: well wouldn't a car which also sucks your cock be naturally more expensive
than one
that doesn't ?
mircea_popescu: asciilifeform fun fact :
teleportable gold would be cheaper
than gold as-is currently is.
BingoBoingo: asciilifeform: I mean we can add some crypto
to gold
teleportation, but at
that point
the gold may as well be superfluous
mircea_popescu: decimation one of
the advantages of au is
that it being elemental, it's actually finite in any finite region of space.
decimation: what if I
teleported all
the gold on Jupiter?
BingoBoingo: asciilifeform: What protects
the gold from malicious
teleportation?
decimation: I was watching
Top Gear last sunday and
they were driving a Dacia sedan
mircea_popescu: "well... do you know
the color of
the sky just as
the sun is rising ?"
mircea_popescu: asciilifeform
the absence of both of
these being long regarded as a bug in
the implementation of physicality.
decimation: in
the final analysis everything can be
taken from you, except your soul
mircea_popescu: what is more "physically yours"
than something nobody can
take from you ?
mircea_popescu: it could just as well show
that
the pedestrian definition of "physical" isn't really as important as we
thought.
decimation: bitcoin
teaches
that
the valuable part of
the gold coin isn't
the physical coin but merely
the information it conveys
mircea_popescu: then you discover some of
those people actually heard of merlot, and even can distinguish it from pinot.
mircea_popescu: like... suppose
there's a club of shitbathers, who seek out filthy stables and other animal warehouses
to bathe in
the crap
mircea_popescu: i don't know
the guy well enough
to discern da fuck he's
thinking under n layers of public communication bs
mircea_popescu: they are proceeding on a radically different sort of abstraction
than
the number-servants
mircea_popescu: but you are wrong
to
think
that
the language-servants are not proceeding abstractly.
mircea_popescu: possibly
the most imporant articles i ever published but
the shit's fucking abstruse.
ozbot: Cele doua atot-esente pe
Trilema - Un blog de Mircea Popescu.
ozbot: Despre esente pe
Trilema - Un blog de Mircea Popescu.
ozbot: Peri metaphyseos pe
Trilema - Un blog de Mircea Popescu.
decimation: you see
this phenomenon with
the Old Republican goldbugs who
try
to understand bitcoin
BingoBoingo: Oh Seals now says
they require 2 confirmations
to credit deposits while only actually requiring one.
mircea_popescu: i have a set of
three articles in romanian laying
the foundation for understanding
this and many other bullshits.
decimation: yeah electronics have
to come in a box with irrelevant art
mircea_popescu: it is not nearly as silly as it seems.
there's a fundamental
tension at work.
mircea_popescu: they're "professional" which really is just a shoddy
translation of "civilised", ie, part of
the polity