867800+ entries in 0.666s
Namworld: I expect
the USG
to slowly run in circles churning out regulations
Namworld: What I'm implying is it wouldn't be
too costly.
jurov: their priority seems
to be
taxation, not destroy at all costs
Hollywood: You are assuming
that
they move fast
Namworld: Even if it's just 10-20 blocks each
time
Hollywood: the rest of
the world would keep on
Namworld: That would be damaging
to
the reliability of
transactions
Hollywood: Yeah,
the US would really be like a lonely dark spot on
the BTC map
kleeck: It really is.
They'll legislate it out before
they
try
to "mine it out"
ThickAsThieves: they are better off attacking
the internet and gating
that
jurov: Namworld: so assume
they'll plug in 1PH. now what?
they gonna include only authnticated
transactions or what?
Namworld: If you pay
them,
they'll deliver
kleeck: If
there is no risk,
then $1B is a lot.
Hollywood: Most of
the people
that make
the laws can not use anything but a Iphone
Namworld: They don't need
to convince, just pay
the fabs for it.
kleeck: It depends on what
the preceived risk is.
Namworld: All I'm saying is it is not currently
TOO costly
to do a 51% attack.
Hollywood: around
the planet at
the same
time
kleeck: And
they would only have
to convine a whole market of semiconductor fabs
to destroy an emerging, recurring and highly lucrative market.
Namworld: out of
the ass numbers but you get
the point. Current ASIC makers didn't need close
to 1 billion altogether
Hollywood: The US govt would have
to be organized
to do
that
Namworld: The US gov would only need
to spend 1 billion
to develop and produce 100x more ASICs
than has ever been deployed so far, on
the most efficient process as it would become cost effective at
that point.
Hollywood: hey mjr, hw have
the meetups been doing?
Hollywood: ah, it is
too late anyway -
the network will be at 1PH soon, scattered all over
the planet
ThickAsThieves: jcpham, i
think foxnews could go either way with bitcoin
kleeck: "Yes,
this is
the FBI, how can I help you Mr. Bernanke?" "Shut down
the internet please." "Right away, sir!"
Hollywood: Bernake,
to FBI - go find me all
teh USB sticks
kleeck: I
think she just pictures Bernanke sitting in his office, watching
the news, saying, "Aw, fuck
this Bitcoin
thing. I'm done with it." and hits a big red button on his desk.
jcpham: it's
the whole network
that has
the slant
kleeck: FLIP
THE SWITCH! HIT
THE POWER BUTTON!
Namworld: And compared
to fox news, it was ungodly good. But
then again so is almost anything.
Namworld: Compared
to most news I've seen, it was more
than reasonable
nubbins`: didn't
they interview karla homolka?
nubbins`: yes,
that was a reasonable interview
nubbins`: i paid a
team of grad students
to do mine by hand
Hollywood: I used
the public computer at
the local library
jcpham: i used my windows xp rtm machine connected
to dem intarwebs
Hollywood: I mean, WTF is
that shit. Like
the forum is not a big enough joke already
kleeck: "Because we sure as hell aren't going
to inform you!"
nubbins`: "so go
to youtube, and google 'bitcoin', and learn all about it"
Rulother: All msm can't really be
trusted, which is why you have
to do your own research. Especially in America
Namworld: It's like
they're in another world altogether
Namworld: Each
time I watch fox news... damn
Namworld: idk, I see various news network all
the
time, it's meh, all more or less
the same.
nubbins`: coming from a place where fox news doesn't exist, i'm mildly surprised at
the lucidity of
that statement
Aeolus: its just all about
tracking
the money as Bitcion just reach
the mainstream
they all will wake up from
their long sleep and fight against it until
they control it
too
Aeolus: criminal use US dollar for
their work and no one even
trys
to stop
them
kleeck: I know. How ridiculous.
They've had since
the last bubble
to actually learn something about BTC and
they're still spewing nonesene.
kleeck: Let me find
the link...
kleeck: No joke.
ThickAsThieves, did you see
the Foxnews "interview"/report?
ThickAsThieves: if people learn about it,
theymight also learn it's not
the USG's
to control
kleeck: The news alone will drum up buys, but
the outcome will effect
the longer
trend. I
think NY will be positive. I don't know what Congress is up
to.
kleeck: That's just news
though, what NY and Congress find will impact legislation.
Namworld: Nah, it had less effect
than
the Winklevoss fund news... It seems like
those news are having less and less impact and people don't care.
kleeck: I
think we'll see a major swing depending on
the outcome of
the Congressional meetings and
this NY subpoenas.
Rulother: I figured as much, just wanted an excuse
to use
the img :P, but I'm excited!
ThickAsThieves: that
this will spread awareness possibly mor ethan anything prior
Rulother: I had just came across
the img as you just mentioned it
ThickAsThieves: hmm,
thinking
there will be a hype cycle for btc again
Rulother: You get
to keep your stuff in
the end
kakobrekla: well
there certanly are some advantages
to pay as you go sex
than having a contract
ozbot: Switzerland opens drive in 'sex boxes'
to make prostitution safer -
Telegraph
nubbins`: woot! 2011 casascius w/ error arrived in
the mail
today
nubbins`: with just a
tiny footnote wondering why NSA was reporting on
tech news in
the first place
nubbins`: NSA issues a press release
that was supposed
to say "ipaq bombs" after its dismal sales
mircea_popescu: herpderp, we ignore court orders, but expect everyone else
to follow
them
mircea_popescu: "some involved violations of a court order - such as a February 2012 incident involving
the unauthorised retention of 3,000 files
that a surveillance court had ordered
the NSA
to destroy."
nubbins`: typos! remember when compaq had
that little device called
the ipaq?
nubbins`: right. so, if it's an actual human saying "ok
this site gets
the red warning,
this one doesn't",
that's a bit more precarious
than an algorithm doing it