774500+ entries in 0.448s
decimation: right. It seems
to me
that
there is still space
to compete in
that market for bottom dollar
text/email
decimation: there are still Ricochet boxes
that dot
the countryside in
the US
mircea_popescu: and perhaps
the larger loss. as people
today interact with him like with shakespeare, out of reinterpreted reinterpretations of copies
mircea_popescu: it's role never having been
to be worth "x billionty dollars" but simply
to support nurture and allow
this conversation.
BingoBoingo: I imagine Satoshi is a lurker in
this chan, never speaking, but simply logging
the lols
decimation: this is
true. I would rather have bitcoin as-is
than no bitcoin
mircea_popescu: simply because
there's a collection of idiots rather
than a single idiot.
mircea_popescu: we are
today right here in
this chan in a much softer seat
than satoshi ever was
mircea_popescu: by
the
time
they're done
they will have collected enough
tidbits (such as
this one)
to actually make an alt with a chance.
mircea_popescu: but anyway, bored young minds with
the strength of oxen wishing
to create an ACTUAL altcoin are well advised
to
try and specify bitcoin.
mircea_popescu: because
they mostly don't exist standalone because people in gaming need and so make
them
ozbot: O hai let me verify your identity pe
Trilema - Un blog de Mircea Popescu.
mircea_popescu: <decimation> I feel bad for
the youth who will be swindled into giving
their flower
to rank idiocy <<< unlike what other youth ?
decimation: no, but I find
the overuse of
TCP
to be an annoyance.
TCP was made by
the devil
to help people
trick
themselves
decimation: what I don't understand is why bitcoin network code uses
TCP, yet includes optimization hacks
to
try
to improve performance. Why not manage
things properly at
the application layer with UDP?
BingoBoingo: The simpler solution is
to remember
to grind spent but warm cigarette butts into
the dirt when
traversing a
tinderbox.
nubbins`: the simpler explanation is "people are idiots and need explicit signage" rather
than "good smoke / bad smoke"
nubbins`: meh. in
the early days of canada's national parks,
they had
to put signs up reminding people not
to
toss lit cigarettes or
tap pipe bowls onto
the ground
decimation: it's so sad
that multicast is broken for almost everyone
decimation: It seems
to me
that
there would be some value in having a multicast stream of blockchain updates
decimation: "Smoking
tobacco is losing so it seems reasonable
to ban smoking it even in your own car while driving
through a brushfire zone. Smoking marijuana is winning, so it doesn't seem like
the ban on smoking in Laurel Canyon applies
to dope."
decimation: I feel bad for
the youth who will be swindled into giving
their flower
to rank idiocy
decimation: ascii did you see
the maryland "cyber center" link?
nubbins`: “Health Canada had valid concerns” about
the authorized license applications
they were receiving last year, says Mr. Kennedy. Many displayed a “lack of sophistication” about
the medical marijuana industry, or had a “lack of capital,” he says.
The department “was concerned about
the ability of new licence holders
to meet demand.”
BingoBoingo: Well
there were K2 and
the other products from Asian and pacific pharmaceutical manufacterer's after hours production
nubbins`: eating a
tomato will never be equally as enjoyable as smoking a joint :D
nubbins`: "Health Canada estimates
that by 2024,
the 'legal marijuana supply industry' may have annual revenues of $1.3-billion."
nubbins`: plain ol'
THC pills have been around for ages and never really gained much
traction
nubbins`: it's not so much
the
THC itself as it is all
the other cannabinoids
kakobrekla: well everything in
this fuckin universe comes with a finite lifespan
BingoBoingo: I'm leaning
towards supposing all BTC/fiat interface operations come with finite lifespans.
mircea_popescu: basically what
they do now, if you move usd
to eur or w/e
mircea_popescu: not
that we necessarily care, but it is
the first actual loss in
the field.
mircea_popescu: after paypal offers
transparent exchanging into and from bitcoin
to anyone with a paypal account we won't even KNOW what
the exchange rate is anymore.
mircea_popescu: and given
the horridly ineptitude of
the
tech people +
the horridly dishonest ineptitude of
the "business" people involved in
the "market" let's call it for lack of a better
term of interfacing bitcoin and fiats
mircea_popescu: anyway,
the greater strategic implication here is
that given my lukewarm at best interest in
the fiat side,
mircea_popescu: lol i was
thinking, "and after you're done
telling me go
tell kako"
mircea_popescu: but you are
telling me
that bitstamp has better ops and it security
than paypal ?
BingoBoingo: mircea_popescu: You wrote before on
the subject of stolen credentials like credit card numbers making a poor currency due
to
their short lifespan.
mircea_popescu: anyway,
they of any sense'll
treat
their investments in coinbase/whatever exchange as having
terms of 1 year
tops.
mircea_popescu: this, prior
to bitcoin was
the most valuable and only valuable
thing
to keep on a server.
the20year: i
think it could be good for worldwide acceptance, but won't displace many
BingoBoingo: I don't know if Paypal can make
the jump from holding nothing of value on
their servers
to holding numbers of extreme value.
mircea_popescu: so i guess
there goes
the market for man-and-his-dreams exchanges.
mircea_popescu: course
their webwallet would have an exchange built in, which by now
they're probably
testing and which nobody will be either
to compete with or outlaw.
mircea_popescu: lol so paypal wants
to compete with bitcoin by making... yet another webwallet.
mircea_popescu: i guess
the people
that got
the licenses in colorado made out ok.
WillTablet: Gotta get me some altcoin invested in
that
nubbins`: ;;later
tell mircea_popescu re: S.POT, canada is outlawing personal growing for medical marijuana patients in april, and
the entire system will move over
to private growers. legal at federal level. country full of world-renowned growers. number of licensed users expected
to grow
tenfold over next decade. nice business
to have established when across-the-board legalization eventually comes around.
ThickAsThieves: from
that Ebay vid: ""You can use digital currencies in
the paypal digital wallet,
that's in fact what PayPal is doing is building a digital wallet
that can
take multiple
types of currencies." - John Donahue, CEO of eBay."
the20year2: i was
thinking
thursday was
their announcement if
they'd resume withdrawl/deposits
jcpham: dogecoin support coming
to mtgox in just shy of 2 weeks
time
the20year2: ANyone have any short
term estimates on BTC price, like for
the week?
arij: what was
that bitcoin prediction website?
ozbot: EBay, PayPal Most Successful
Together, Donahoe Says: Video - Bloomberg
ozbot: Our condolenses
to parents of Mikhail Sindeyev | Graphics and Media Lab
the20year2: As a quick FYI for RENT investors, we are persuing
two individual properties currently.
ozbot: Our condolenses
to parents of Mikhail Sindeyev | Graphics and Media Lab
mircea_popescu: maybe one in
ten has
the sense (or really,
the looks)
to actually do something worthwhile with her
time.
mircea_popescu: every romanian chick
that's not starving while pretending
to be working in pr is starving pretending
to sell hebalife, avon and whatnot.
ThickAsThieves: "Herbalife Ltd. reported fourth-quarter profits ...
that exceeded analysts’ expectations.
The results marked
the 20th straight quarter
the nutritional supplement maker’s profit figures have exceeded Wall Street’s estimates" ...this world...
KRS-One: Does Magical
Tux enjoy Coffee or is it Dessert?
jurov: mircea_popescu: yes, but i enjoy how clearly it's laid out
there