779300+ entries in 0.518s
Duffer1: there are innumerable external factors, but for purposes dissecting
the statement: "Given
that a handful of parties control Bitcoin..." is
the answer not miners? (or
the mining network)
Duffer1: the article attributes control of bitcoin
to
those hoarding
the most, i was pointing out
the power is in
the hash
MisterE: hmm yea if I had
the most hashpower
MisterE: but why? I assume most miners no reason
to deceive?
Duffer1: start with
the first assertion "..a handful of parties control bitcoin.." miners control bitcoin, anyone can edit/audit
the code, but it's miners
that vote with
their hashpower
to run updated versions or not
jurov: that mp is
the governemnt?
Duffer1: i can't speak about
the historical finance part, but pretty much everything written about bitcoin itself is flat out wrong
jurov: davout, did you forget
the X.EUR again?
francis_wolke: Duffer1: I
transcribed it from a piece of paper I found lying on
the ground.
jurov: and if
they won't die for 100 years?
francis_wolke: asciilifeform: Also,
thanks for keeping up
the blog. I would have not learned about
the LispM otherwise.
jurov: they don't need
the protection.
they just pwn
the governemnt
francis_wolke: jurov: RLE is still a while off, and millitary power dosn't cease
to exist b/c Bitcoin. I'm sure
that neither Peter
Theil, or MP have any particular love for
their respective governments. But
they're not stupid and recognize
that if some elite is going
to extend
their lifespans,
they may need protection.
jurov: vhich is not very far from beelion $ . but
that's besiedes
the poi
jurov: what was
the market valuation of s.mpoe, is any mpex expert around?
jurov: for example i can't imagine our resident billionaire, mircea_popescu
to rely upon government protection
jurov: no
the billionaires who will undergo life extension
jurov: and you
think
they are dying (pun intended)
to get registered with govt in any way?
francis_wolke: jurov: Government is
the formalization of power. Anyone doing anything interesting with radical life extension will have spooks on
their doorstep momentarily.
There are a number of powerful / rich people who don't want
to die.
jurov: spooks are going
to show up on
their doorstep... sry if i came late and don't understand but why?
francis_wolke: [Note: I appear
to be unable
to use
this irc client. I held down backspace for 30 sec, couldn't navigate
to any other
text and revised my message. I post, and viola - my previous message is also posted! Apologies
to anyone reading
this diarrhea.]
francis_wolke: benkay: As for why RLE requires state support, if anyone gets *anywhere* with RLE, spooks are going
to show up on
their doorstep.
They may not be required for
the actual innovation.
The only question is - where do you want
them
to hail from?
francis_wolke: benkay: As for why RLE requires state support, if anyone gets *anywhere* with RLE, spooks are going
to show up on
their doorstep.
The only question is - where do you want
them
to hail from?
francis_wolke: benkay: Also, I fail
to see how bitcoin will 'shatter' any state. Millitary power is meaningful, no matter how clever
the Bitcoin protocol.
pankkake: "the center for cryptography / mathematics"
there's no new crypto in bitcoin
pankkake: "too fragmented
to act as a cohesive whole" it doesn't have
to
francis_wolke: pankkake: See
the links on
the word 'control' and 'bitcoin'
pankkake: "It may be within
the realm of possibility
that Israel controls Bitcoin" heavy sentence with no substance, "control" bitcoin what does it mean…
pankkake: it must be some sort of
troll, where every sentence is wrong, or impossible, etc.
benkay: also your feelings don't really factor into whether or not i
take you
to
the woodshed
francis_wolke: benkay: Please, crucify me. I'm not going
to get pissy or anything.
benkay: "if
the nsa cannot" oh my lols
pankkake: that
thing is geopolitics for
toddlers or something
benkay: and RLE is a symptom of
the
too much money problem
benkay: in
that frame, why would anyone smart enough
to read
the implications of a non-state ultimately fungible currency align
themselves with a state
that's doomed?
benkay: buuuuut it's just vastly more likely
that bitcoin will shatter all fiat states
than support
their continued reign.
benkay: also you're missing
the part where
the state isn't really its own agent but more accurately a
tool of
the ultra-capitalized who will be
the main beneficiaries of RLE in any event.
francis_wolke: Apocalyptic: Radical life extension is going
to require some state support.
francis_wolke: Apocalyptic: Personally, I'm digging life, and would like
to continue it for as long as possible.
Apocalyptic: will let mircea comment on
that, i'm sure he will have interesting
things
to say
Apocalyptic: i wonder what advantage do you seen in
the creator aligning with a government
Apocalyptic: "Anyone intelligent enough
to create Bitcoin will have aligned
themselves with some sort of governmental body" lol
francis_wolke: benkay: Fiat - you'll have more
to lend out shortly
thereafter?
benkay: halp i'm frying
too much potato
benkay: why buy debt when someone's going
to come along and break your
tablets shortly
thereafter?
francis_wolke: Interesting quote. Apologies for
the extra \n - I don't know how
they got
there between copying from emacs and pasting into
the irc client.
francis_wolke: o swell
the ranks of nomadic pastoralists, and ultimately, if
the breakdown continued, returning
to overrun
the cities and destroy
the existing economic order entirely.
francis_wolke: c renewal, a recreation of
the social universe -- in Babylonia, during
the same ceremony in which
the king reenacts his godMurduk's creation of
the physical universe.
The history of debt and sin was wiped out, and it was
time
to begin again. But it's also clear what
they saw as
the alternative:
the world plunged into chaos, with farmers defecting
t francis_wolke: Over
the next several
thousand years,
this same list -- canceling
the debts, destroying
the records, reallocating
the land -- was
to become
the standard list of demands of peasant revolutionaries everywhere. In Mesopotamia, rulers appear
to have headed off
the possibility of unrest by instituting such reforms
themselves, as a grand gesture of cosmi
francis_wolke: these proclamations by raising a
torch, probably symbolizing
the sun-god of justice Shamash, whose principles where supposed
to guide wise and fair rulers. Persons held as debt pledges were released
to rejoin
their families. Other debtors were restored cultivation rights
to
their customary lands, free of whatever mortgage liens had accumulated.
francis_wolke: The designated occasion for clearing Babylonia's financial slate was
the New Year festival, celebrated in
the spring. Babylonian rulers oversaw
the ritual "breaking of
the
tablets,"
that is,
the debt records, restoring economic balance as part of
the cyclical renewal of society along with
the rest of nature. Hammurabi and his fellow rulers signaled
benkay: oh excuse me
that was meant for my repl
assbot: [HAVELOCK] [RENT] [PAID] 1.02106640 BTC
to 77`944 shares, 1310 satoshi per share
assbot: [HAVELOCK] [B.MINE] [PAID] 1.63932407 BTC
to 1`709 shares, 95923 satoshi per share
Mats_cd03: goxbtc continues
to sail into
the ground
assbot: Last
trade for AM1 on HAVELOCK was at 0.53580001 BTC [-]
kakobrekla: i dunno who did what or who did who or what did who but i have
the banhammer and i dont like your style.
the20year1: back in
the day in
the US, people would get in knife fights in congress
punkman: but why not have opposing sides actually fight
to pass legislation
punkman: ThickAsThieves, not really worth
the attention
ThickAsThieves: "hey bro, glad
to see our coins have
the same name 'ALTCOIN', can we work
together? what's your plan on
thealtcoin ATC?"
ThickAsThieves: shit, if our politicians actually got in fistfights, americans might even pay attention
to politics
Diablo-D3: but if
this happened in congress, I'd want both
the guy being hit and
the guy hitting
to be both expelled
punkman: I
think we should have more politician brawls
Diablo-D3: kakobrekla: I never said
the USA was a democracy
Diablo-D3: yeah,
turkey needs
to figure out
their shit
ozbot: BBC News -
Turkish MPs pass judicial reforms amid brawl
ThickAsThieves: "At one point during
the debate a brawl broke out in which one MP from
the opposition Republican People's Party (CHP) had his nose broken."
BingoBoingo: kakobrekla: Of course. It is
the best sounds
to go
to sleep
to.
BingoBoingo: K, everybody. Altcoin is ready for
the Moon. Imma get some sleep.
davout: "how
the fuck has
this been
trading at 0.002" <- I WTF'd