Forum logs for 03 Apr 2015

asciilifeform

even if there is a universe full of falsehood. as pointed out, stupidity cuts into equivalence classes.

[00:00]

mircea_popescu

( ) Extreme profitability of spam

[01:24]

PFate

oh, sweet

[01:25]

PFate

but thats the edge of my desk

[01:25]

mircea_popescu

who the fuck stalks dudes

[01:25]

PFate

shitty comcast movies are on the other screen

[01:25]

*

asciilifeform will probably end up having to seppuku one day because did not specify 'do not use in reactors to power interstellar multigenerational flights' in some patch in '14

[01:25]

PFate

i stalk persons of interest in my hobbies to see whats up

[01:25]

PFate

this year and last, crypto

[01:25]

mircea_popescu

http://log1.bitcoin-assets.com/?date=02-04-2015#1085180 http://log.bitcoin-assets.com/?date=30-03-2015#1079336

[15:23]

asciilifeform

that's roughly 140000 cpu cycles on, e.g., my box, though

[15:23]

cazalla

http://log1.bitcoin-assets.com/?date=03-04-2015#1086310 > he's right.

[18:43]

assbot

Logged on 03-04-2015 13:37:28; nubbins`: but he fears others will think it sucks, or worse, that his taste is so poor that it *does* suck and he just doesn't see it

[18:43]

asciilifeform

sometimes, the -process- matters.

[18:43]

trinque

ok, I am aware of your perspective

[18:43]

asciilifeform

because the -process- provides guarantees of...

[18:43]

asciilifeform

!s provenance

[18:43]

assbot

26 results for 'provenance' : http://s.b-a.link/?q=provenance

[18:43]

trinque

you can easily verify the output of git

[18:44]

mircea_popescu

nobody's collaborating on anything man > debug.log between each restart

[23:28]

decimation

junseth: " But anyway, if you look at that case, if you look at other cases, I think the pattern is pretty clear that the least restricted systems are the ones that performed best from the point of view of the average user of money. And those were systems that were on gold or silver standards. And there doesn't seem to have been any great dissatisfaction with that. There were proposals by some economists to try to have a system that

[23:28]

decimation

was even more stable in purchasing power. But in retrospect, the variations in the purchasing power of the dollar under the classical gold standard were trivial compared to what it's been under the post-gold-standard period, the fiat dollar standard. "

[23:28]

decimation

http://www.econtalk.org/archives/2015/03/lawrence_h_whit.html

[23:28]

assbot

" + soundfiledesc + " ... ( http://bit.ly/19QrLDS )

[23:28]

danielpbarron

junseth, bitcoin is better money because of its decentralized nature

[23:29]

mats

oh thank god there's a transcript

[23:30]

decimation

mats: yeah it's a good episode, I recommend it

[23:30]

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KatelynTaylor (~KatelynTa@c-73-218-118-55.hsd1.ma.comcast.net) has joined #bitcoin-assets

[23:30]

junseth

Do you think that Bitocin would be better if it were backed by gold or silver?

[23:30]

danielpbarron

such a thing makes no sense

[23:31]

BingoBoingo

!up KatelynTaylor

[23:31]

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assbot gives voice to KatelynTaylor

[23:31]

mats

what would that even entail?

[23:31]

KatelynTaylor

whats better AMD or Intel?

[23:31]

KatelynTaylor

what can run bitcoin better?

[23:31]

asciilifeform

!down meowmix

[23:31]

decimation

^ the above is lifted out of a section where dr. white was talking about how the scotish banking system was crushed by bank of england fiat banking

[23:31]

asciilifeform

!down KatelynTaylor

[23:31]

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assbot removes voice from KatelynTaylor

[23:31]

asciilifeform

dearphuq.

[23:31]

BingoBoingo

!down KatelynTaylor meowmix

[23:31]

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[23:31]

mats

market maker offers exchange for metallics?

[23:31]

junseth

danielbparron, Well, I would say that electronic, non-government controlled money is better money. Bitcoin's decentralization lets us take advantage of those better features. Previous attempts at using what we all agreed would have been better were shutdown because they were centralized.

[23:32]

asciilifeform

'Sometimes it is a comfort to me to think that the aeroplane is altering the conditions of war. Perhaps when the next great war comes we may see that sight unprecedented in all history, a jingo with a bullet-hole in him.' -- orwell. but i'd ask for 'an economist starved to death'

[23:32]

danielpbarron

junseth, bitcoin is inherently valuable; it needs nothing else to back it

[23:32]

trinque

!s gold

[23:32]

assbot

1853 results for 'gold' : http://s.b-a.link/?q=gold

[23:32]

danielpbarron

i like gold; i'd hapily accept gold coins in some sort of local economy

[23:33]

junseth

I agree backing bitcoin with metal doesn't make sense. But there are so many scams that are showing up these days that are taking advantage of the sentiment that a gold/silver backed crypto would be better.

[23:33]

junseth

RE: Bitcoin's inherent value, I agree.

[23:33]

danielpbarron

but i'd keep my savings in bitcoin, using it to replentish my gold coins on a monthly basis or something

[23:33]

nubbins`

sort of like how a car with a built-in stove would be better

[23:34]

asciilifeform

junseth: there are also many scams which promise to run your car on water. for some reason their existence doesn't bother folks who aren't drooling idiots.

[23:34]

punkman

car-stove sounds good

[23:34]

asciilifeform

how many nerve cells does it take to understand that a random net derp cannot back X with Y, for any value of x or y

[23:34]

decimation

junseth: the kinds of folks who would 'fall' for those scams are generally not the kind who are going to matter in bitcoin over the long term

[23:34]

junseth

hahaha, absolutely true.

[23:34]

asciilifeform

nor would he, if could

[23:34]

decimation

bitcoin is a fiat currency, but is also radically decentralized

[23:35]

decimation

but its foundation of trust lies fully in its protocol and specification

[23:35]

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assbot removes voice from junseth

[23:36]

decimation

which is why the work of the foundation is so important

[23:36]

asciilifeform

!up junseth

[23:36]

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assbot gives voice to junseth

[23:36]

junseth

:) Haha. I agree with all of that.

[23:36]

junseth

I would be willing to bet a lot of money that we agree on almost everything Bitcoin ,an dprobably disagree a lot about how markets work.

[23:37]

asciilifeform

junseth: do you believe that it is appropriate to use the word 'market' to describe a system where the crown is the single largest economic actor ?

[23:37]

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[23:38]

junseth

Hmm... well, I would say that ther eis probably no such thing as a unregulated market. But any place that exists wher epeople transact is a market.

[23:39]

asciilifeform

junseth: how about a puppet show where kermit the frog 'buys' a bag of 'fuzzies' from miss piggy ?

[23:40]

asciilifeform

is that also a 'market' ?

[23:40]

asciilifeform

if not, why not ?

[23:40]

trinque

nothing in *life* is unregulated but this is distinct from saying *all* regulations come from *one* place

[23:40]

junseth

haha, a market of two people is a market.

[23:41]

junseth

a market of two things is a market

[23:41]

junseth

Haha, I would probably apply the supreme court porn test to whether somethign is a market or not

[23:42]

asciilifeform

how about n people and one demented omnipotent monster who can eat them at will.

[23:42]

trinque

so the word means nothing

[23:42]

trinque

junseth: are two male chimps in a cage a viable ecosystem?

[23:45]

junseth

Haha, well a market is a place where individuals come and transact. That's what it means. What does it look like? I mean, it can look like a lot of things. But a marketplace doesn't have to look like any one thing.

[23:45]

junseth

Hahaha. Are they intelligent enough to make trades and transact?

[23:45]

asciilifeform

words have -meanings.'

[23:45]

trinque

didn't say transact

[23:45]

trinque

junseth: I am drawing a parallel between functioning natural ecosystems and functioning markets

[23:46]

decimation

asciilifeform: ok let's say you employ buildroot. which kernel? which gcc/glib?

[23:46]

asciilifeform

decimation: 'easy' - the ones that -work-.

[23:46]

decimation

heh

[23:46]

asciilifeform

the kernel, for what it's worth, is not a sticking point.

[23:47]

decimation

I would suggest a redhat-patched gcc actually

[23:48]

asciilifeform

ick

[23:48]

asciilifeform

why

[23:48]

decimation

well, they follow exactly the method you advocate

[23:48]

asciilifeform

what method would that be

[23:48]

decimation

if you look at the contents of a src.rpm it's a collection of patches with the original tarball

[23:48]

asciilifeform

redhat is more or less the last thing i want to use for anything linux-related.

[23:48]

asciilifeform

it is indelibly stained.

[23:49]

decimation

I get it, but a patch is a patch

[23:49]

asciilifeform

for what do i need these stooges' patches ?

[23:49]

decimation

certainly I'm not saying that they should be taken on redhat's name alone

[23:50]

asciilifeform

what the hell is wrong with naked, classical gcc.

[23:50]

asciilifeform

straight from rms's arse

[23:50]

decimation

well, many of them are probably not useful in the context of buildroot

[23:50]

trinque

lol

[23:50]

decimation

but some of them are probably fixes for obscure bugs that might be useful to know about

[23:50]

asciilifeform

i don't want any redhat patches. if were any good, would have made it back into mainline.

[23:50]

asciilifeform

i do not want them in the zoo, i do not want them with a gnu, i do not want them in a house, i do not want them with a mouse, ... , ...

[23:51]

decimation

i admit that many of them are probably useful bugfixes that are backported

[23:51]

asciilifeform

i do not want them in a lake, i do not want them on the stake, ...

[23:51]

decimation

redhat is used in many places

[23:52]

decimation

perhaps not 'avionics grade', but there is quite a bit of 'fix this shit'

[23:53]

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asciilifeform has used, did not like.

[23:53]

asciilifeform

because, aside from the authorship,

[23:53]

asciilifeform

it is neither minimal, nor clean, nor self-reconstructing.

[23:53]

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[23:54]

decimation

asciilifeform: well, self-reconstructing is one thing, but certainly the very 'base' install isn't much bigger than a buildroot

[23:55]

junseth

"junseth: I am drawing a parallel between functioning natural ecosystems and functioning markets" I'm not sure what you mean. Can you

[23:55]

junseth

expound.

[23:55]

decimation

I suppose my overall point is that if the build target is 'frozen', someone is gonna have to maintain the infrastructure

[23:58]

decimation

so one can take advantage of that which exists already commercially, or 'do it self'

[23:58]

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Category: Logs

Sunday, 24 November, Year 11 d.Tr.

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