983300+ entries in 0.728s
midnightmagic: mod6: Notice
they sell ice cream by volume. Which really cheeses me off. But
the denser it is,
the more cream:air ratio it has.
midnightmagic: mod6: And no, I refuse
to buy whipped-air ice cream. It's inferior quality.
mircea_popescu: sure it can. research
that's not justified economically happens all
the
time
midnightmagic: yeah i don't understand
that.
there's a simple metric
to finding
the best ice cream in a store..
midnightmagic: the funding for
the research can't happen if selling bitcoin rewards doesn't support it
though..
midnightmagic: "securing itself" includes disincentivizing b-s like
the DDoS
that sdice is. :-)
midnightmagic: It's cannibalizing some of its own worth in order
to secure itself.
midnightmagic: The value of mining is a finite value and can't exceed some fraction of
the value of
the bitcoin economy..
midnightmagic: good lord no. ASIC producers are internally parasitic.
The value derives from a parasitic self-consumption of economic worth.
mircea_popescu: completely blindsides market, it's hysterical
to watch reactions etc.
mircea_popescu: out of nowhere comes
this dood, and suddenly his corp is larger
than all
the asic producers
together
mircea_popescu: he's amusing
to me because looky here :
the consensus was
that mining corps are
the big deal.
midnightmagic: lol hilarious analogy. But! Are
they
Tim Horton's doughnuts, or Krispy Kremes?
mircea_popescu: "not including"
the filling in
the donut is pracrtically speaking not including yourself among
the donut makers.
mircea_popescu: i know you like bitcoin in principle. but in practical
terms, it's useless other
than because its
that
thing where sdice happens.
mircea_popescu: you'll at some point have
to come
to
terms with
the cold reality
that about half of bitcoin's utility atm is s.dice
midnightmagic: that's not
true. even miners who do *no*
txn in
their blocks are still burying
txn in work.
mircea_popescu: the incentive really is against including miners who don't ihnclude
transactions into bitcoin.
midnightmagic: let other people who don't care, mine sdice
txn, and
take
the hit
to block propagation.
the incentive is against including sdice
txn in
the blockchain.
mircea_popescu: contrary
to what
the people who
think
they know better
think,
their fall into oblivion will be immediate.
mircea_popescu: i guess at some point
the split between
the people who matter and
the people who
think
they know better is inevitable
mod6: *whew* almost forgot
that mtdew in
the freezer
midnightmagic: the exact standard has fees, and
the code has anti-dust-spam exceptions in it. satoshi foresaw operations like sdice.
mircea_popescu: but you're welcome
to establish it
through experience if simple
theory doesn't cut it for ya.
mircea_popescu: nobody's
to evaluate
the value of keeping a
tx in
the blockchain
midnightmagic: mircea_popescu:
the value of keeping sdice
txn in
the blockchain is less
than
the value of keeping diffuse
txn in
the blockchain, including mixnets btw.
mircea_popescu: this is just posturing on
the strength of
the block reward being still large-ish
midnightmagic: it can. but
there isn't enough incentive due
to concentration of
txn value. also, rg isn't really much of an authority :)
midnightmagic: but sdice operates inside
the
txn space, which makes it easy
to filter. If
they operated
the way everyone else normal does, and stopped doing
those stupid micro-txn,
then meh.
mod6: but...
that doesn't mean
there couldn't be a better way
to do it either.
mircea_popescu: the moment bitcoin is not
transaction agnostic it might as well be dead.
mod6: its kinda like rg said once, if bitcoin can't handle
the
tx's from SD,
then we should pack up and shut off
the lights now.
mircea_popescu: im not
too concerned about miners deciding
to ruin bitcoin.
midnightmagic: Redistribution of hashrate, in some cases
to people who care what happens with
the blockchain.
midnightmagic: We'll see what happens
to sdice when asic are delivered.. :-)
midnightmagic: Woops, "begging
the question" doesn't mean "raising
the question".
midnightmagic: And
then my dad started
telling me stories of grandpa.. :)
mircea_popescu: but i know i resented at
that age
the implication of equality in
this method
midnightmagic: right. black eyes heal. Put
the boxing gloves on and get your differences out in
the open. Did you ever see
the Mickey Mouse club episodes where
they put
two fighting boys in
the ring
together and let
them duke it out?
mircea_popescu: but going around punching people is not
too classy now is it.
midnightmagic: no way. Not much earlier
than my grandfather's era, ignoring someone who said hello
to you was a punch-out-able offence.
mircea_popescu: nobody punched anybody over class lol. at most
they furrowed
their brows and whined privately.
midnightmagic: people used
to punch out other people for being classless. manners made it around pretty good.
mircea_popescu: im sure canada is just as classless as
the rest of
the world,
that's what we have
the internet for
mod6: Well, does anyone remember
the bush daughters? LOL
midnightmagic: And in
the sense
that
the leader of some political party has raised a family
to be essentially unfettered, dress-wise.
midnightmagic: Meanwhile, it was like none of
the rest of her family noticed
that
they were making everyone uncomfortable.
mircea_popescu: her audience is simply
the world. she's not old enough
to know y'all aren't worth
the
trouble yet.
midnightmagic: If she was,
then.. why? Who's her audience? A bunch of stuffy people at a calm atmosphere restaurant where people are coming in from
the cold (it was damn cold) and eating soup in
their flannels?
mircea_popescu: you actually care
tghat you're sitting where some other chick sat ?!
mod6: people are just attention whores
these das.
midnightmagic: It either meant she was conscious of her dress choice, or not. If she wasn't,
then it was uncomfortable watching her accidentally and apparently unconciously bare her ass seven or eight
times.
mod6: haha, wow. i probably wouldt have given it a second
thought. i must be a savage.
midnightmagic: Also it was classless for
the grand-daughter of
the leader of one of
the main political parties in Canada
to dress like
that.
midnightmagic: Bare asses of unknown other people mean bare asses are sitting on
the seats I sit in. It reminded me of how unhygienic being out for dinner is and I like
to suspend my disbelief for a little while.
mircea_popescu: sure. you can't eat with women you've seen
the ass of ?
midnightmagic: I saw her grand-daughters bare ass at a dinner once. she was wearing a mini-skirt and kept hugging people
taller
than she is.
midnightmagic: mod6: Apparently some of us do like
to vote for a loser. Elizabeth May is in office. :)
mircea_popescu: it's not rational, it's quite
the opposite. but it has a historical record of conservation success.
midnightmagic: Here, each vote *used*
to deliver some small amount of federal funding
to
the party voted for as a way of fostering independent
third parties.
mod6: people usually vote
their wallets, and additionally always pick
the precived winner before hand. voters don't like
to vote for a loser, even if
that candidate is more closely aligned with
their political philosiphies.
mircea_popescu: voting is just a cheap method of statistically obtaining a call from
the multitude.
midnightmagic: now
there's a
true f'ing statement if i ever heard one.
mircea_popescu: for
that matter, women don't pick men rationally either.
midnightmagic: It has in
the past. Additionally, at least some people are voting with
their ideals because Elizabeth May made it in.
mircea_popescu: voters never are and never were capable of rational decision.
that's not how voting works.
midnightmagic: I no longer have confidence, since making
that statement,
that my fellow voters are capable of a rational voting decision.
midnightmagic: Meanwhile,
their own f*cking MPs are DM'ing people like myself and mocking us because we said
they were going
to be
toast in
the next election.