log☇︎
93900+ entries in 0.027s
asciilifeform: mircea_popescu: does there in fact exist a 'free world' of non-kyctronic fiatola banking ?
asciilifeform: 'why would anyone' live on boiled cabbage, wear a striped pajama all year long ? maybe because in a prison ?
asciilifeform: 'failure to collect KYC paperwork for 34 customers, failure to report 9 customers to legal enforcement on suspicions of money laundering, and failure to further interrogate 20 customers, for which the declared wealth allegedly didn't match the transaction volumes.' << lol!
asciilifeform: ( suddenly you have, e.g., an intrinsically-safe (cut the field - cuts the reaction) betavoltaic reactor that fits in pocket, runs on ordinary KCl... )
asciilifeform: btw the 'beta decay can be arbitrarily sped up in magnetic field' throws a bit of new light on just how 'strange, new' a world with roomtemp supercon would be.
asciilifeform: ( if 1890s folx had given up on airplane, same way today's grant-eaters gave up on, e.g., room-temp superconductor, could have gone quite differently )
asciilifeform: it is not even clear which these are, except in retrospect.
asciilifeform: today - 'trb-i', ciphers of known strength, a few others.
asciilifeform: ( where, e.g. in 1890s they were flight, radio, few other lessers )
asciilifeform: we had, iirc, a 'problems of the age' thread
asciilifeform: ( and if only alphabet. there is a quite serious qualification to meaningfully starting to learn from the l0gz, yes )
asciilifeform: you start with alphabet. which i dun recall being taught here, either
asciilifeform: how about mig pilotage ?
asciilifeform: can learn , e.g., galois theory, from the l0gz ?
asciilifeform: thread wasn't about 'which one gets into valhalla, maxwell or marconi', however. i specifically assert that n00bs ~learning~ from the thief -- whose achievement is essentially accidental, quite destructive overall to everybody else, and at any rate in no sense ~replicable~ -- vs from the maxwell - is the problem.
asciilifeform: not a maxwell, no.
asciilifeform: woz drew up a 6502 box with slightly reduced glue logic chip count, vs the state of art at the time. about same level of accomplishment as, e.g., fuckgoats.
asciilifeform: and to hear the inmates, in every asylum - 100 napoleons
asciilifeform: wozniak wasn't an originator of anything serious
asciilifeform: nor i
asciilifeform: exactly the gates of his time
asciilifeform: btw marconi was a pretty good example of 'opportunistic thief'
asciilifeform: or , better, maxwell .
asciilifeform: why didn't h. hertz make a radio ?
asciilifeform: no tmsr in '12 either
asciilifeform: rather than today.
asciilifeform: i thought thread was re: the age of the great pirates.
asciilifeform: mircea_popescu: there was not a tmsr in '09. bitcoin was quite equivalent, by afaik any possible litmus, to similar crackpotteries which were known then.
asciilifeform: hanbot: at one point i tried to unearth what rotinculos (other than a portmanteau, presumably, rotten arse) were , and gave up
asciilifeform: expand plox
asciilifeform: in mircea_popescu's conception, only a thief is 'a man' ?
asciilifeform: mircea_popescu: and the answer can be 'i was in the laboratory, creating the things that the scum later stole'
asciilifeform: the microshit thing was a civilization-scale disaster, and it continues.
asciilifeform: incidentally, putting up framed pictures of lottery winners, praying at their feet, etc. does nothing per se, is harmless. it is when n00bs begin to try to 'learn' from them, there comes problem.
asciilifeform: 'was scum, but he grabbed the brass ring, where were you' gives you cockroach world.
asciilifeform: it is exactly the oak.
asciilifeform: mircea_popescu: recall naggum's (and then -- our) discussion re how computing was wrecked not so much by microshit per se (which in 1980s was not a mega-power) but by the idiot worship of gates and his lottery winner 'success' ?
asciilifeform: waiwat
asciilifeform: mircea_popescu: a man can be a navigator. a piece of dead wood -- is, whatever else it is, not a navigator. i did not think this would be controversial.
asciilifeform: mircea_popescu: pretty sure d00d transitioned to 'model airplane' mode, and has no intention of 'remembered'
asciilifeform: mno. if a broken oak trunk made its way from europe to 'new world' pre columbus, it does not follow that oak is great navigator.
asciilifeform: likewise i suspect that mircea_popescu's (or, say, mark twain's) positive view of 'good con men' is also 'fata morgana', mirage, con men is not necessarily a 'force of will' ubermensch, he is every bit a creature of the times and the opportunity, the rat crevice in which he finds himself, as is any clinton.
asciilifeform: fundamentally just another sort of pirate40.
asciilifeform: nor gorbys.
asciilifeform: hilaries ain't cream of anything.
asciilifeform: ahahaha is this when mircea_popescu will explain that 'pirate is the cream, the ubermensch' ?
asciilifeform: probably ought to be more specific : early ~public bitcoin~ atmosphere was not 'cream' of anything.
asciilifeform: but it didn't.
asciilifeform: now this i do not know.
asciilifeform: on other hand, early bitcoin did not exactly attract 'cream of mankind'
asciilifeform: they were willing participants in pyramids, it seems clear to me
asciilifeform: this is why, when reading about the early (1st 3 or so yrs) bitcoin landscape, i found it hard to feel any sympathy for the scamola victims
asciilifeform: with 0 demand of proof of whatever kind.
asciilifeform: the quoted text is hilarious per se : if i say 'invest in this High Thrust antigrav engine, with Extremely Low Energy Cost energy intake' -- everyone will laugh. but if mr.suavetalker offers a 'High Yield Pass Through ... in the EXTREMELY LOW RISK group' financial instrument, greedy idiots jump over one another to buy,buy
asciilifeform: what would that even look like.
asciilifeform: did anyone actually expect a similar event in btcdom ?
asciilifeform: a very selected 'they', and - naturally - with fresh printolade
asciilifeform: in kindergarten one learns that that's what defines scam
asciilifeform: lul, 'high yield'+'low risk'
asciilifeform: ( most of the chumpatronic 'wonders of the world' in btc seem to have happened prior to asciilifeform tuning in )
asciilifeform: very quietly. i dun recall any discussion of this. or maybe it was before i tuned in.
asciilifeform: ( i have nfi why )
asciilifeform: he seems to think so.
asciilifeform: pete_dushenski's arithmetic. i did not massage it.
asciilifeform: 'purchased honesties' give you, e.g., carl force.
asciilifeform: ( re multisig, see also, e.g., http://btcbase.org/log/2015-12-10#1340332 . ) ☝︎
asciilifeform: 278.73 BTC << notbad ☟︎
asciilifeform: see also thread, http://btcbase.org/log/2016-08-16#1522361 ☝︎
asciilifeform: the collaboration does not pretend to be a living thing on its own, separate from mircea_popescu and asciilifeform
asciilifeform: trinque: i dunno if this is obvious or not, we don't have multi-man keys of any sort at s.nsa
asciilifeform: multisig crapola is fundamentally about http://btcbase.org/log/2015-12-27#1354404 . ☝︎
asciilifeform: ( ~all armies have some form of widow's pension )
asciilifeform: it is never the whole incentive to do the work.
asciilifeform: just like there is no hired suicide belt bomber
asciilifeform: there is no such thing as purchased honesty, Framedragger
asciilifeform: these are typically called wives (and even they do not necessarily work as 'ideal spherical wife in textbook' always.)
asciilifeform: there we go.
asciilifeform: aaaha.
asciilifeform: does scenario where the coins end up permanently parked in graveyard orbit because the operators refuse to move'em count as 'safety' to Framedragger ?!
asciilifeform: and what means 'safe'.
asciilifeform: Framedragger: describe for me, how this works
asciilifeform: Framedragger: there is a very basic fallacy at the root of 'multisig thinking', that somehow you can cut up control over a key and give the pieces to a group, which somehow can 'keep the owner honest' but not (why not?) fuck him
asciilifeform: there are no sane robotic solutions to this kind of thing.
asciilifeform: ~having~ this device around, is a quite expensive proposition.
asciilifeform: mircea_popescu has it
asciilifeform: ^
asciilifeform: Framedragger: you're talking about a 'bbet folds' button
asciilifeform: or what arrangement did you picture as 'dead man switch'
asciilifeform: Framedragger: really, do you think that 200bux is enough to 1) hire 2) retain a substitute operator ?!
asciilifeform: waiwat, it was 0 ?!
asciilifeform: that's one handy way to 'accidentally' scam.
asciilifeform: *znort
asciilifeform: corzine-style.
asciilifeform: one possibility is that znorta gambled the coins -- and lost.
asciilifeform: and re bbet, hey mircea_popescu , recall http://btcbase.org/log/2016-08-12#1520195 thread ? ☝︎
asciilifeform: (~0, afaik, results on the field)
asciilifeform: under bush II, gas bombs were in use, spectacular fireballs, many pr photos
asciilifeform: (it isn't even a gas-air bomb. regular one.)
asciilifeform: lobbes: gotta wonder why this is 'news'. similar ordnance was used by brits in ww2, many times
asciilifeform: could have, say, died.