▁▁▁▁⏐︎▁ 3340
BingoBoingo: pete_dushenski: Even hobbyist carpenters don't use nails
shinohai: BingoBoingo: http://ix.io/1jsj
BingoBoingo: ty
deedbot: http://qntra.net/2016/09/california-plans-anti-cattle-legislation/ << Qntra - California Plans Anti-Cattle Legislation
mod6: $up Bugpowder
deedbot: Bugpowder voiced for 30 minutes.
mod6: werd up
Bugpowder: its been a good week. why not qntra article on how monero is not the one true bitcoin yet?
Bugpowder: Is trilema consensus that monero has some potential value in its feature set?
mod6: uh. i doubt it. can't speak for other tho.
mod6: wtf is monero?
Bugpowder: yeah I doubt it too…
shinohai: As asciilifeform says, I see nothing in monero even worth stealing
mircea_popescu: shinohai but why ?
Bugpowder: a cryptonote fork that provides user selectable transaction privacy, from public (like bitcoin) to fully private (only sender and recipient know) using ring encryption. ☟︎
mod6: ah, i saw something about that. it said: DRUG DEALERS LOVE THIS!
Bugpowder: Alphabay and Oasis annouced support and the price went nuts
Bugpowder: Although if you look on the sites, only 10% of vendors accept it.
mircea_popescu: $s monero
a111: 129 results for "monero", http://btcbase.org/log-search?q=monero
mircea_popescu: the logs be your friendz
mod6: ah, werd
Bugpowder: and if every transaction from supporting vendors was paid with XMR, still only looking at $20,000 / day.
shinohai: Nothing stands out to me as special about, has blockchain bloat, I'd rather use Bitcoin to buy drugs.
mircea_popescu: http://log.mkj.lt/trilema/20160903/from:114/to:114#114 << the downside being that hair protects them from rub burns ☟︎
Bugpowder: so price is not supported by fundamental use levels now. BUT, you know how price works in this space. Every alt is a tech stock valued on hype and growth potential. And hype is pretty high right now.
mircea_popescu: http://log.mkj.lt/trilema/20160903/from:119/to:119#119 << as opposed to anything else whatsoever happening, right ? like, if a girl walks up to them and says hi. or if there's an angry mob. or whatever else.
mircea_popescu: Bugpowder seems it has some chance to become the next usg-sponsored wanna-be bitcoin thingee. that's usually good for a ride, fed still has a lot of printolade to spread around.
mod6: for now, ya
mircea_popescu: though it'd seem they've learned their etherape lesson and are much more conservative on the fiat side. prolly will be more like doge than ethereum. anyway.
Bugpowder: doge and ether never got traction in DNMs.
mircea_popescu: you are aware that "dnm"s are entirely a puppet show by now, yes ?
shinohai: Why would you use ETH in a darknet market? Just huff the shit and call it a day.
Bugpowder: I think its privacy features address some serious potential issues that Bitcoin has with fungability and anon unmasking thorough chain analysis.
Bugpowder: Really. A puppet show? Is AlphaBay an FBI honeypot? A “Playpen” for drug users?
mircea_popescu: Bugpowder looky : the original "dnm", ie silk road, never made any economic sense. and then went away. FOR THIS REASON. the subsequent attempts to enact this as a thing, including coming up with bullshit three letter acronyms, were strictly exercises in http://log.mkj.lt/trilema/20160902/from:404/to:404#404
mircea_popescu: but whatever, i'm sure the derps involved think themselves finger-tenting lever clever for it.
mircea_popescu: level*
mircea_popescu: holy shit im becoming chinese.
mod6: haha
mircea_popescu: mod6 http://67.media.tumblr.com/tumblr_lqhtnzPLK41r24u1yo1_500.gif << saw this, thought of you.
mod6: Thanks, Sir. I like it!
Bugpowder: Right, The Playpen operation. But there are so many DNMs, no way they are all honeypots. Now, some may be usgov inflitrated, tor may be usgov compromised, but I don’t think DNMs are driven by usgov. ☟︎
mircea_popescu: Bugpowder sure, and there are so many bitcoin faucets, no way they're all trojan downloaders.
mircea_popescu: of course not. except if they grow big. because what are you going to do, the model doesn't work.
mircea_popescu: in the absence of economic drivers, there will either be a political driver or no movement. which leaves us with the simple explanation. i don't gotta prove that every single individual woman thought of dick up her ass every time she spent too much money on cosmetics.
mircea_popescu: "it just makes her feel ... good. for... herself." surely.
Bugpowder: DNMs provide a service to clients, make money for vendors and the host. The risks are assymetric to the reward, but so is swallowing 50 condoms of blow and flying into the US. Plenty of people’s life circumstances make the reward calculus more appealing than you or I might find.
mircea_popescu: in principle this can be said about anything just as well ; whether that anything exists or doesn't.
mircea_popescu: $up Bugpowder
deedbot: Bugpowder voiced for 30 minutes.
mircea_popescu: voice yourself would you.
Bugpowder: In turn, Monero has potential to fix a weak point in DNM function, which potentially provides significant value. Now, whether the tech geniuses that order on DNMs or vendors have the savvy to implement properly and with enough volume to make economic sense is another matter.
mircea_popescu: it's altogether unclear it fixes anything ; the controlling discussion re that is alf's smoke grenade. ☟︎
mircea_popescu: but if you understand this ring signature thing past the buzzword level, feel free to introduce it rigurously and prove that claim. ☟︎
Bugpowder: I haven’t invested enough time to understand and technically defend it. But I know people who are true professional on the subject (pre-Bitcoin “professionalization”) and will solicit their expertise on the current state and on RingCT.
mircea_popescu: and this doesn't worry you ?
Bugpowder: As for the controlling issue, coopting of the project is certainly a major risk moving forward, but I do think you have too much confidence in the sophistication and coordinatino of usgov.
mircea_popescu: anyway, the allegation is that the "privacy" offered is very heavily time bound ; that it naturally dissipates over time ; and that after a sufficient interval - say a year - one can rely on any and all transaction being no longer at all private. this means that the monero ring signature is in fact an anti-feature : it makes the superficial user (who either foolishly doesn't invest the time ; or otherwise lacks the capacity a
mircea_popescu: ltogether) to detrimentally rely on a property that is temporary when he needs it to be permanent.
mircea_popescu: you know, a little like the adjustable arm mortgages.
Bugpowder: It does worry me, but I put that into the known unknowns category of risks. And pricing risk adjusted EV, still makes sense for me to hold a signifcant crypto fraction in XMR as printer of new bitcoin. It’s harder these days to print BTC without MPOE-bot.
mircea_popescu: which is why i said http://log.mkj.lt/trilema/20160903/from:177/to:177#177
Bugpowder: So are you just chilling in Argentina on the spoils now… or do you have some new business/profit schemes?
mircea_popescu: it's always been a mix of both.
Bugpowder: well, let me know when the next interesting opportunity arises.
mircea_popescu: hey, eulora is taking noobs.
Bugpowder: u know i don’t got time fo that!
mircea_popescu: well...
Bugpowder: Alternatively, a mediterrainian Yacht party would be dope..
mircea_popescu: you bringin' the girls ?
mircea_popescu: "This faucet has A LOT of options. Since I don’t have time to write them all down I created a video explaining everything you need to know about the faucet" << this somehow made sense, to someone.
Bugpowder: heheheh don’t they come with the boat?
mircea_popescu: ok, so you bring the boat ?
Bugpowder: Renting one might be possible.
mircea_popescu: right.
Bugpowder: getting the wife to agree… harder.
mircea_popescu: o hey, how's that going ?
Bugpowder: life good. she forgave me for Just Dice accident. 2 kids now. They are running around outside now… Just need to secure long term funding for work and I’m probably set.
mircea_popescu: still in that biochem thing ? what was it, neurotransmitters ?
Bugpowder: Something like that… neural circuits.
mircea_popescu: a right.
mircea_popescu: anyway, dun too easily dismiss eulora. unlike whatever-dice, it's actually for smart people.
Bugpowder: OK OK. when grant writing is done, I will check it out. Is it like huntercoin? Too bad the dev for that died.
mircea_popescu: he died ?!
mircea_popescu: but no, it's bitcoin-mmo. and after a year+, playerbase has not yet the slightest clue re mechanics involved.
mircea_popescu: statistics is hard, turns out. especially when god hates your guts.
Bugpowder: I think he died and the project stalled. But my news is a year out of date. Haven’t been paying attention until ETH/ETC… and there is just tooo much stuff in the ecosystem to keep track of these days.
mircea_popescu: chet (original cto) also passed this spring.
mircea_popescu: apparently games are bad for health.
mod6: :[
Bugpowder: My thesis advisor also died this week. 64. Smartest guy I’ve met.
mircea_popescu: kinda young huh
Bugpowder: yeah he had a bad stroke a few years ago. Mostly recovered, but may have hit him again on a bike ride.
Bugpowder: http://www.nature.com/news/roger-tsien-s-legacy-the-creations-that-lit-up-biology-1.20532
mircea_popescu: ah
mircea_popescu: and in other news, saliva! http://66.media.tumblr.com/tumblr_llmjgkPaeE1qeox3uo1_1280.jpg
mod6: looks ready
asciilifeform: http://btcbase.org/log/2016-09-03#1533882 << is it a difficult concept that THERE IS NO SUCH THING as 'DNM', because there is no such thing as DN !? ☝︎
a111: Logged on 2016-09-03 01:39 Bugpowder: Right, The Playpen operation. But there are so many DNMs, no way they are all honeypots. Now, some may be usgov inflitrated, tor may be usgov compromised, but I don’t think DNMs are driven by usgov.
asciilifeform: there are no 'darknets'
asciilifeform: it is not a thing.
asciilifeform: and any chain of logic predicated on it being a thing, leads to ignominious usg captivity and arse waltz.
asciilifeform: at best.
asciilifeform: http://btcbase.org/log/2016-09-03#1533894 << >> http://btcbase.org/log/2016-08-30#1532069 ☝︎☝︎
a111: Logged on 2016-09-03 01:44 mircea_popescu: but if you understand this ring signature thing past the buzzword level, feel free to introduce it rigurously and prove that claim.
a111: Logged on 2016-08-30 17:29 asciilifeform: davout: 'ring signatures' are not the promised 'invisibility cloak', but more of a smoke grenade.
asciilifeform: http://btcbase.org/log/2016-09-03#1533893 << ah lel, we have it already. ☝︎
a111: Logged on 2016-09-03 01:44 mircea_popescu: it's altogether unclear it fixes anything ; the controlling discussion re that is alf's smoke grenade.
asciilifeform: the ~approach~ i am seeing among monerists - 'it's a black box, i'ma assume it does the claimed magic' is also concerning.
asciilifeform: how many of the 'privacy!1111' fanbois took the time to understand the algo ?
asciilifeform: it isn't complicated.
asciilifeform: depressingly familiar mass delusion (quite like, e.g., the tor thing.)
mircea_popescu: ain't nobody got time for that.
mircea_popescu: it's a shockingly common complaint, this. you'd wonder wtf they do with all the time they're saving.
jurov: oh, someone pumping xmr?
jurov: btw, aside from above problems, i tried it and it has much worse node problem than btc
jurov: it needs so much iops that it barely keeps up with network even with ssd
thestringpuller: BingoBoingo: http://btcbase.org/log/2016-09-02#1533515 << Musk was making the rounds this week. He was on Colbert's Late Night show apologizing for booms. Perhaps he should stop working 120 hour weeks and maybe get some sleep? ☝︎
a111: Logged on 2016-09-02 04:32 deedbot: http://qntra.net/2016/09/musk-rocket-goes-boom-destroying-zuckerberg-satellite/ << Qntra - Musk Rocket Goes Boom Destroying Zuckerberg Satellite
mircea_popescu: jurov well, bugpowder. looking for good investments to finance horrible investments. just like usg finance generally!
mircea_popescu: in other news, i'm now getting spam which goes "Dear Influential Individual," for a salutation.
BingoBoingo: Sweet
mircea_popescu: i guess "person" is out.
BingoBoingo: Mebbe?
mircea_popescu: $key rowtan
deedbot: http://wotpaste.cascadianhacker.com/r/5b28858f-3079-4f35-9925-8a1e054e3225/
mircea_popescu: $key <kunickis>
mircea_popescu: $key kunickis
deedbot: http://wotpaste.cascadianhacker.com/r/b1a00e75-ecc7-4d03-abf9-5ed8eef0282a/
mircea_popescu: here's one for you asciilifeform : http://logs.minigame.bz/2016-09-03.log.html#t13:21:05 ☟︎
mircea_popescu: whole convo is straight out from the insane asylum. "gotta take care of your things" "oh ok i'll give them to google then"
diana_coman: that online decryption site is anyway cherry on top; had no idea such a thing exists even: give us your private key and we'll decrypt things for you...
mircea_popescu: unde face nicu' armata ? la sovata!
mircea_popescu: (for the non-ro elements : romania had a designated place for fertility treatments, sovata. it had some birthing pools, and a wide selection of not-your-husband's dicks to choose from. because yes, most of the time that's the problem.)
BingoBoingo: Aha
BingoBoingo: $up t2yax
deedbot: t2yax voiced for 30 minutes.
BingoBoingo: $up boolcrap
deedbot: boolcrap voiced for 30 minutes.
mircea_popescu: $key t2max
BingoBoingo: brb
deedbot hands you a broomstick.
BingoBoingo: $up t2max
deedbot: t2max voiced for 30 minutes.
asciilifeform: http://btcbase.org/log/2016-09-03#1533970 << hey we already had 'keybase'... ☝︎
a111: Logged on 2016-09-03 13:25 mircea_popescu: here's one for you asciilifeform : http://logs.minigame.bz/2016-09-03.log.html#t13:21:05
mircea_popescu: this asks for the privkey and pw.
mircea_popescu: IT IS EASIER
asciilifeform: eh, here chump must generate key somewhere..
mircea_popescu: $key t2yax
deedbot: http://wotpaste.cascadianhacker.com/r/a97ba407-f0e9-4a54-aefb-ea1705f66015/
mircea_popescu: asciilifeform hm, i guess in context it's not really as shocking as it seemed
asciilifeform: btw,
asciilifeform: $s igolder
a111: 7 results for "igolder", http://btcbase.org/log-search?q=igolder
asciilifeform: ^ one of the stars of the 'braindamaged keygen' zoo also
mircea_popescu: heh
shinohai: Funny enough, igolder hasn't existed as a "company" for quite some time.
diana_coman: asciilifeform, re http://btcbase.org/log/2016-09-01#1532957 wanted to say it worked great, thank you very much ☝︎
a111: Logged on 2016-09-01 14:34 asciilifeform: ;;later tell diana_coman http://btcbase.org/log/2016-09-01#1532900 << yes, there is a magical recipe, http://btcbase.org/log/2016-03-03#1421109 << thread.
asciilifeform: diana_coman: np
shinohai: "Since August 1st, 2013 iGolder is no longer accepting new accounts and balances can only be redeemed." <<< 'nuff said
asciilifeform: 'Since iGolder has a central point of failure (our server may be raided by thugs wearing some kind of uniform), we feet it is safer for us to cease operations. The iGolder experiment has been personally rewarding as we met many gold enthusiasts and also learned about Bitcoin in the process. For those who have no idea what Bitcoin is, we recommend doing your own research. Bitcoin is far superior to iGolder in every way, both in privac
asciilifeform: y and security as our server is always vulnerable to confiscation. ...'
asciilifeform: but the best part,
asciilifeform: '...To learn more about the Bitcoin protocol and its feature, please watch "http://www.youtube.com/watch?v=mD4L7xDNCmA (Bitcoin 2012 London: Mike Hearn).'
mircea_popescu: at least they admit.
mircea_popescu: which is a rare trait in "independent" cowsies.
asciilifeform: https://www.igolder.com/kyc << incredibly lulzy attempt to spin the compliance with usgism as a 'voluntary' and 'freedom-enabling' act
mircea_popescu: what "modern democracy" is built upon.
mircea_popescu: $rate mihi
deedbot hands you a broomstick.
mircea_popescu: $rate mihi 1 Euloran
deedbot: Get your OTP: http://wotpaste.cascadianhacker.com/r/7eadb99f-0be3-42a6-a597-c67936abf2c7/
mircea_popescu: $rate VAodminnTer 1 Euloran
mircea_popescu: $rate Robespierre_ 1 Euloran
deedbot: Get your OTP: http://wotpaste.cascadianhacker.com/r/12e587ac-c7e9-448d-af5e-0cd05248037d/
mircea_popescu: $rate sellbtctraderz 1 Euloran
deedbot: Get your OTP: http://wotpaste.cascadianhacker.com/r/eb9204de-845f-43b9-b502-a9261d0d8eed/
deedbot: Get your OTP: http://wotpaste.cascadianhacker.com/r/785fd87e-b07b-4297-be1d-18368fc01de5/
mircea_popescu: $v 50518B983CB759FFE4AF4583F4515FB32B7CC1FC12AA470C29A0F785C62E51F0
deedbot: mircea_popescu rated mihi 1 << Euloran
mircea_popescu: $v A5A790A0F14D576EC34DE654E9DA71AF7228D7C60C02A75B58AF4EAB84C3DD9B
deedbot: mircea_popescu rated VAodminnTer 1 << Euloran
mircea_popescu: $v B213C82336A1D627095F969AEB098750520DDFEC3BE788AFA82CE30755D0F0B8
deedbot: mircea_popescu rated Robespierre_ 1 << Euloran
mircea_popescu: $v 34DC93A70982C1CFB69940607F76969F9CC90CCDDB1B3A446EEE3B5C36A2A8A8
deedbot: mircea_popescu rated sellbtctraderz 1 << Euloran
mircea_popescu: $up roby_z
deedbot: roby_z voiced for 30 minutes.
roby_z: hello mircea_popescu my brother told me about eulora, i'm trying to enter the wot
mircea_popescu: got a pgp key ?
roby_z: yes, deedbot said my fingerprint is registered
mircea_popescu: $key roby_z
deedbot: http://wotpaste.cascadianhacker.com/r/9f794221-4e70-4764-be03-f6470e663b3c/
mircea_popescu: one second.
mircea_popescu: roby_z http://wotpaste.cascadianhacker.com/pastes/7a241d1e-02e2-4185-a58a-246a2cbc4772/
mircea_popescu: in other utter lulz, argentine bank (banco ciudad) takes out half page ad on the back of the main newspaper here to advertise how "tus proyectos no tienen fronteras", because the chief whore started with "proyectos" and now everyone's fixated on that word. the deal they offer ? 36 month loans, libor +5% (no less than 6%) for "grandes empresas" ie, "google's list of sites that we pretend are relevant to all searches" implement
mircea_popescu: ed locally ; and libor +6% (no less than 7%) for "cartera general". in dolars, OF COURSE.
mircea_popescu: who the fuck is going to take credit in dollars in a foreign market, and pay 100x the interest rate ? pretenders, that's who.
mircea_popescu: the state-run bullshits that pretend to be banks are exactly selecting for random idiots who pretend to be entrepreneurs.
mircea_popescu: together, they just want to nobody could have predicted! ☟︎
mod6: lol. +5%. go jump in a lake.
mod6: pretenders, quite.
mircea_popescu: meanwhile eurozone wants to charge negative rates.
mircea_popescu: somehow though, businessmen are supposed to go "oh, hey, neat, you pay negative interest to depositors, i'll just continue to pay you 5-10%, why not" ☟︎
mircea_popescu: because what, someone cancelled the "bitch, be happy if i take your money for free" ?
mod6: lol, apparently so.
mircea_popescu: "i don't want your money ; and certainly don't NEED it" "but mp! GOVERNMENT COMPLIANCE COSTS!!!!" "Fuck you."
mircea_popescu: what, that's the plan here, seriously ? someone needs to go back to drawing board.
davout: http://btcbase.org/log/2016-09-03#1534042 <<< win ☝︎
a111: Logged on 2016-09-03 16:45 mircea_popescu: together, they just want to nobody could have predicted!
mircea_popescu: heh
mircea_popescu: how's mauritius treatin ya ?
davout: pretty good, back to france for the week end
davout: (in la réunion)
davout: most expensive flight per kilometer apparently this MUR -> RUN
davout: "this is your captain speaking, we've now reached our cruise level and- oh wait, we just started our descent"
mircea_popescu: lol
shinohai: tfw your shitty eth clone gets replay attacked twice in < 1 month and you say "fuck it!" and switch to PoS.
davout: aren't they all shitty clones of one another?
shinohai: Pretty much.
asciilifeform: http://btcbase.org/log/2016-09-03#1534046 << sooo as i understand, euro depositors are in full mtgox mode?? ('we'd love to withdraw everything, but then the mousetrap will shut') ☝︎
a111: Logged on 2016-09-03 17:00 mircea_popescu: somehow though, businessmen are supposed to go "oh, hey, neat, you pay negative interest to depositors, i'll just continue to pay you 5-10%, why not"
mircea_popescu: yep
mircea_popescu: there's no practical use for all this hallucinated "capital" that these alleged depositors own.
mircea_popescu: capital means something, and that someting ain't "i feel this'd be fair"
asciilifeform: well, there ~is~ the usual ~impractical~ use
asciilifeform: (maintaining delusions of pension for millions of office plankton, etc)
mircea_popescu: but im sure they'll find some jews to blame. as per sop.
asciilifeform: in less-newsy news, http://www.loper-os.org/pub/motor_test.jpg .
mircea_popescu: motor!
asciilifeform: aha
mircea_popescu: what does the motor do ?
asciilifeform: fat little buggers, around 2kg each
asciilifeform: right now they're just playing 'music'
mircea_popescu: heh
asciilifeform: thing they're attached to is supposed to supply up to 800w peak without burping.
asciilifeform: ( http://www.loper-os.org/pub/motor_control.jpg << contents of tool )
mircea_popescu: is this all in preparation for s.nsa report ? :D
asciilifeform: nope, but the latter is coming up later tonight.
asciilifeform: photo is just a household item similar to mircea_popescu's cakes.
mircea_popescu: different households eh.
asciilifeform: hey i had a cake also but ate it
asciilifeform: so no photo.
asciilifeform: fresh peaches.
mircea_popescu: you had a cake but you ated it ?
asciilifeform: aha.
asciilifeform: $up ethereumhunter
deedbot: ethereumhunter voiced for 30 minutes.
mircea_popescu: $up ethereumhunter
deedbot: ethereumhunter voiced for 30 minutes.
mircea_popescu: mod6 here's something to blow your mind : noob kid in eulora dug up an ord sr claim of mine ; got 65k sr. he's dragging it to town, 1k at a time. he's calculated it'll take him ~4 hours.
mircea_popescu: $key ethereumhunter
deedbot: http://wotpaste.cascadianhacker.com/r/2ff08b46-9e9b-4487-97f7-11b6dd2a8158/
mircea_popescu: and in other "bitcoin makes the world a better place" news, https://dtmf.io/faq
diana_coman: $rate shinohai 1 Held many euloran noob hands.
deedbot: Get your OTP: http://wotpaste.cascadianhacker.com/r/80c08cb1-a4ab-4964-ba41-0b8e03072e46/
mircea_popescu: yeah september is shaping up to be attendance record for eulora.
diana_coman: $rated shinohai
deedbot: diana_coman rated shinohai 1 at 2016/09/03 22:20:37 << Held many euloran noob hands.
diana_coman: quite curious what comes out of it
shinohai: ty diana_coman
diana_coman: well deserved shinohai
mircea_popescu: BingoBoingo btw i think i got a queued qntra comment