BingoBoingo: coltan: But what parts of the internet and how strong is the actual privacy and security compared to existing alternatives
coltan: if you think so but they took the internet and added some privacy and security to it seems nice to me
BingoBoingo: Is it a function that can generate the sort of demand that would offset existing investments with revenue?
BingoBoingo: Well, but what is it they are delivering. What is Maidsafe's function?
coltan: I read that already the guys doesn't seem to be into bitcoin 2.0 that much
assbot: The Brokenness of MaidSafe | Contravex: A blog by Pete Dushenski
coltan: Hi there
rithm: and it's named stellard. guys i'm telling you the idea of ripple WAS interplanetary transactions
mircea_popescu: this is the fucking result of having created a reservaton of half a billion cud chewers that would rather dream than do.
mircea_popescu: THE FUTURE OF DOLLARS
pete_dushenski: sorta like bernanke and maddoff getting together to make a new hedge fund
Duffer1: i haven't kept up with the altcoin scene wtfs a stellar?
pete_dushenski: what's more to the moon than stellar shit?
pete_dushenski: veeery good chance he didn't read the article
novusordo: in order to get voice, assbot must have some level of trust to the user
mircea_popescu: yeah the differences are getting really minute
mircea_popescu: i am never trusting another internet for as long as i lyf.
gribble: Currently authenticated from hostmask novusordo!~novusordo@unaffiliated/novusordo. Trust relationship from user assbot to user novusordo: Level 1: 0, Level 2: 1 via 1 connections. Graph: http://b-otc.com/stg?source=assbot&dest=novusordo | WoT data: http://b-otc.com/vrd?nick=novusordo | Rated since: Wed Jan 25 18:31:34 2012
novusordo: mircea_popescu: was just curious about the "new blood" rating you left on WoT for me, haven't checked my ratings for quite a while and just noticed.
rithm: a fake article about something that's crazy to another fake site
mthreat: and what is the-wsj.com
assbot: 0 results for 'http://the-wsj.com/moneybeat/2014/07/28/Blockchain-offers-loans-up-to-10-bitcoins-and-savings-accounts-to-its-users' : http://search.bitcoin-assets.com/?q=http%3A%2F%2Fthe-wsj.com%2Fmoneybeat%2F2014%2F07%2F28%2FBlockchain-offers-loans-up-to-10-bitcoins-and-savings-accounts-to-its-users
FabianB: !s http://the-wsj.com/moneybeat/2014/07/28/Blockchain-offers-loans-up-to-10-bitcoins-and-savings-accounts-to-its-users
pete_dushenski: on the dow? probably just reality
The20YearIRCloud: what's causing the dump?
The20YearIRCloud: and there recently a hospital bombed where militants were instagramming it full of explosives
mircea_popescu: there's at least that one case where the israelis bombed a "school" that held a bunch of missiles.
mircea_popescu: hm, anyone ever compiled the us civilian death toll yet ?
Duffer1: how would they go about trying to do that?
mike_c: wasn't bolivia the one that banned bitcoin?
gribble: The operation succeeded.
mike_c: ;;later tell jurov re: the games tend to go in one direction. current game was looking like it was about to tip heavy death and did a 180. http://bit.ly/1pJopUe
mircea_popescu: i vaguely recall these being old tho
gribble: The operation succeeded.
ben_vulpes: ;;later tell pete_dushenski there can only be one: http://www.amazon.com/Coffee-Shrub-CLEVER-Clever-Dripper/dp/B0047W70GY
princessnell: the flower?
punkman: maybe I should make another calculator
punkman: yeah I was thinking 35% of 1000, forgot to add the bets
punkman: but I do want to see another dozen iterations for some reason
mircea_popescu: "you gave away 3mn of our money for the equivalent of of 600k facebook accounts ? FU."
mircea_popescu: so they are allowing people to dilute the stripe investment wih facebook accounts and mere btc holdings ?
punkman: 20 billion stellars to be given to btc holders, calculated by the percentage of total btc you hold on some future date
mircea_popescu: not like any of the "investors" are gonna buy anyway
mircea_popescu: they have such a no idea wtf they're doing i can't even be bothered to try and short the things
punkman: so they value stellars at $0.0015 each
punkman: "The Foundation received a loan of $3,000,000 from Stripe which was subsequently repaid with 2% of the stellars. "
mircea_popescu: <ThickAsThieves> you put moosecocks in my mouth << he's canadian, it's what they do.
punkman: "Stellar was developed by the Stellar Development Foundation, a non-profit created by Stripe CEO Patrick Collison and Ripple co-founder Jed McCaleb plus $3 million in initial funding from Stripe."
assbot: Arrested Drunk Guy Sings Queens Bohemian Rhapsody-The Funniest Video Ever! - YouTube
pete_dushenski: off into the world. cheers
pete_dushenski: it has the strongest community for sure
assbot: Grant Program | The Bitcoin Foundation
ThickAsThieves: you think theyd take an ATC proposal? maybe namecoin WoT? decentralized google? https://bitcoinfoundation.org/about/grant-program/
pete_dushenski: ThickAsThieves: and of course, stripe, another yc turd, is behind it
pete_dushenski: Pointing the finger at Republicans for congressional inaction, President Barack Obama chided lawmakers with "Stop being mad all the time. Stop just hating all the time. Come on."
pete_dushenski: they'll eventually rebrand to x-factor or equivalent
punkman: "startups enrolled in the program may soon receive funding from an entirely new source: Traditional limited partners. These LPs tend to be family offices, pension funds, and universities."
pete_dushenski: punkman: the argument can be made that yc's $10k in 2005 fiat is worth about $120k in 2014 fiat
kuzetsa: it's finally at the point where break-even (for my low electricity costs) is achieved for the mining revenue VS electricity cost O_O
pete_dushenski: punkman: bleat go the sheep
pete_dushenski: well maybe their expenses are higher than $1 mn / year
punkman: pete_dushenski: YC used to only give $10-15k, $120k happened recently, so they've probably spent much less than $86 mn
pete_dushenski: there are still some useful conversations there, most episodes are worth an hour of my time
assbot: Log In - The New York Times
pete_dushenski: then… bam!
pete_dushenski: like many others, i imagine
assbot: Y Combinator: The American Idol of Venture Capital | Contravex: A blog by Pete Dushenski
ThickAsThieves: so there.
gribble: The operation succeeded.
gribble: The operation succeeded.
mike_c: not sure why we're not cool enough to not have random numbers at the end of our cloaks.
pete_dushenski: next question: who handle the blogs.b-a page?
mike_c: welcome to the retarded cloack/x-23423423 club.
pete_dushenski: btw the #freenode staff are telling me that pete_dushenski is cloaked but i'm not seeing it, can anyone else?
pete_dushenski: there's more than enough to go around
pete_dushenski: it was BingoBoingo who wanted the moosecocks
pete_dushenski: and mircea_popescu is on about jay something or other
pete_dushenski: ThickAsThieves: wants me to bring the moosecocks...
pete_dushenski: so ben_vulpes wants me to bring the bittits
ThickAsThieves: “We’re not going to sign an agreement that jeopardizes the future of all Argentines.” He added: “Argentines can remain calm because tomorrow will just be another day and the world will keep on spinning.”
ben_vulpes: he likes mercedes, of all the odd choices.
mircea_popescu: and another attempt to wreck bitcoin failed. o noes.
fluffypony: which then means your inflation goes down over time
mircea_popescu: the difference between an infinite series and a finite series is marked. the difference between that last and a constant is not.
fluffypony: so the block reward will still taper down to that minsubsidy, but you'll never have a scenario where miner fees > block reward
fluffypony: minsubsidy == lowest the block reward can go to
fluffypony: I do think a minimum subsidy at around the 0.4% - 1.5% mark is a better approach
mircea_popescu: anyone here have a positive view of teh demmurage notion ? fluffypony ? or who's the altcoin heretique du jour ?
ThickAsThieves: I have a dream that one day this coin will rise up and live out the true meaning of its creed: "We hold these truths to be self-evident, that Altcoins are created equal and can be used to purchase MPEx stocks."
ThickAsThieves: Once again, I'm putting out there an offer to pay someone to do some light work and compiling for the Altcoin wallet.
DreadKnight: the doge wants to play with that red ball xD
mircea_popescu: why is it so appealing. because standing in front of a bunch of people and telling them to get fucked is scary.
mircea_popescu: since the us has built this quite insane "valuation by social consensus" thing, people aim to impress others rather than do anything.
mircea_popescu: i think this was best discussed in relation to the perianne chick and my old class mate recently.
ThickAsThieves: so basically people mostly arbitrage their anonymity via lies, deception, unaccountability, ignorant bliss
rithm: ThickAsThieves I moved back to my "home town" outside of the city limits now I'm being annexed
mircea_popescu: generally people try to resolve through anonimity problems that have their solution elsewhere. because it's cheap.
ThickAsThieves: i dont enjoy the baggage of my hometown and people
ThickAsThieves: then what's anonymity?
mircea_popescu: what then ?
ThickAsThieves: i'mn concerned they are entangled or will become so
mircea_popescu: ThickAsThieves but the requirement for you to have a face in the forum does not equate to a requirement for you to have a face in the treasury
ThickAsThieves: referring to the same la serenissima topic from before
ThickAsThieves: the development that we can track everything reliably now
ThickAsThieves: the public ledger
ThickAsThieves: the aspects of bitcoin and decentralized networks that we all currently associae with anonymity
BigBitz: didn't see the pic :(
ThickAsThieves: it's the current knot in my brain lately, whether this phenomenon is actually the one that kills anonymity
asciilifeform: mircea_popescu: what string and what hash has produced the leading d49250d4 << anybody solved this puzzle ?
ThickAsThieves: for nonprofits, donors may not want their addy connected
ThickAsThieves: for businesses, probly has competition issues and other privacy problems
mircea_popescu: meh, that was on the plate, but eventually fell off. for one thing, addresses change, for the other some people are worried (sensibly or no) that it exposes them to various vulnerabilities.
mircea_popescu: oh you mean the addy specifically.
mircea_popescu: well this has been the objection since day one, vessenes is just using it as a piggybank
ThickAsThieves: i mean the scammy side
mircea_popescu: ThickAsThieves you know if matonis wishes to donate $50 to the foundation he doesn't have to go to all this complex trouble. or you mean it the other way around
ThickAsThieves: to what end though, they dont pay taxes
mircea_popescu: what the fuck must this moss adams thing be thinking to publish unbalanced tax returns is beyond the mind's boggle.
ThickAsThieves: say TBF sells 500btc at $200, but then price falls. Matonis sells 500btc for $150 and says the first set were his and second set was TBF
mircea_popescu: whereas it should include that massive 4mn they got from btc
mircea_popescu: they posted a 77k investment income, which is probably a wrong statement,
ThickAsThieves: however, i'm skeptical all they got was 6k
mircea_popescu: this is quite well fitting with the history, they were only actually declared persona non grata later on.
mircea_popescu: so basically they started with 5.7k, ended with 6.4k and got a total of 700 btc donated counted at an average of 900, so most of them early 2013.
ThickAsThieves: but we dont know when they sold coins
ThickAsThieves: we're the last anonymous generation methinks
ThickAsThieves: these tax forms obv needs wallet addresses
ThickAsThieves: i'm seeing now how so not anonymous btc will be in the US
ThickAsThieves: but they did mention same amount in Amsterdam
ThickAsThieves: so they have about 6000btc
mircea_popescu: notably, they got 70k in donations and 10x that from the "be a member and scam people" swindle.
mircea_popescu: wait my bad. the revenue is actually 800k, expenses 1.4mn.
mircea_popescu: ThickAsThieves anyway, the good part isn't the 1.5mn they got and spent, the good part is the final assets, 15btc.
ThickAsThieves: $31250 paid to The Hole of Roy LLC
mircea_popescu: nah they didn't.
mircea_popescu: ThickAsThieves i'm not keeping too close tabs on the whole debacle.
t_a_t: found the lady jodie@bitcoinfoundation.org
mircea_popescu: incredible the lengths to which they go to hide vessenes's multiple fraudulet activities from teh general public.
jurov: cuz even dogers don't want them
fluffypony: I wonder why they don't just announce scrypt ASICs and become founding members of the Dogecoin Foundation
mircea_popescu: nono, she's the trick.
mircea_popescu: ben_vulpes: book? what book. || "The Secret Redditors Hate : How I Got My Wife And Her BFF To Go Naked On The Internet For Fun And Profit Using Only Tools Avaialble in Any Kitchen In Twenty Minutes For Dummies. Bulleted List THAT YOU ABSOLUTELY WILL NOT BELIEVE."
t_a_t: i wonder if i saved the email for that accounting girl
mircea_popescu: but no, i don't have any vd, and never had. i just fuck the sluts & whores, other people are getting teh vds.
chetty: the great sameness= death
mircea_popescu: some weird discussion burried in the logs.
mircea_popescu: The20YearIRCloud hm ?
mircea_popescu: o no wait, what i want doesn't matter, HE wants to be the same with me, and that's the controlling factor ?
assbot: Page not found | The Bitcoin Foundation
mircea_popescu: why would i want to be the same with some hiv positive faggot ?
chetty: <mircea_popescu> "The cultural divide between the positive and the negative erodes, as it should." what the fuck is wrong with these idiots. why exactly SHOULD the "cultural divide" between the failed and the successful "erode" ?// so we cna get to the great sameness
assbot: Page not found | The Bitcoin Foundation
mircea_popescu: "The cultural divide between the positive and the negative erodes, as it should." what the fuck is wrong with these idiots. why exactly SHOULD the "cultural divide" between the failed and the successful "erode" ?
punkman: mircea_popescu: not yet but fuck them anyway
t_a_t: guy is somehow involved in the paperwork for TBF's euro applications or such, thus accessed some rare financial and ownership data. To him, the nature and/or timing of this data is in direct conflict with public statements by matonis and/or the guy's own law of reddit moral code. The jury is out.
gribble: The operation succeeded.
t_a_t: "You see, what Matonis doesn’t want anyone to know is that while he is saying to expect smoother trading Exante has been in a non-stop dumping of Bitcoin via Bermuda."
t_a_t: https://medium.com/@TomOnBTC/pissed-about-bitcoin-prices-some-of-the-blame-falls-on-the-bitcoin-foundation-bae91f981d1
gribble: Error: User doesn't exist in the Rating or GPG databases. User must be GPG-registered to receive ratings.
thickasthieves: <+mircea_popescu> reddit is not a race. /// it's a picture of the finish line
thickasthieves: <+ben_vulpes> riding my bike all over town (what american child can ride a bike around their town?!) /// more than would like to admit
punkman: maybe they'll take screenshot of bank account?
assbot: Cooking With Hoarders: How to wake up in the morning Part 2 - YouTube
cazalla: Vexual, rainbow edition at the pub? fight me cunt
DreadKnight: ran through the website
Vexual: where the answer is ruianable
HeySteve: yeah it's another area ripe for blockchain monopoly busting (probably)
BingoBoingo: Well, a CA is pretty much the definition of a pre-approved stooge
DreadKnight: CAs are older concept in the industry, better rooted
DreadKnight: HeySteve, I knew it had something to do with hardware, but that certificate made the real money?
DreadKnight: always profitable to establish yourself as "the shit" and make others strive and pay for your recognition
DreadKnight: *The Human Stain movie*
BingoBoingo: Vexual: I mean fleeing because they don't want Ebola since apparently white people get it nao
DreadKnight: Mr. T is in the house.
BingoBoingo: So... the peace corps is evacuating west Africa over Ebola
HeySteve: BingoBoingo, I like that idea. want to use the blockchain myself as a kind of public dice roll
Vexual: is there, like a cool workspace with an old streetfighter machine so I can remeber all my old combos while depositing?
DreadKnight: BingoBoingo, not sure what ATC stands for otherwise
HeySteve: I saw WoL is influenced by the blockchain, how does that work?
Vexual: whats happening won the atc scene?
BingoBoingo: DreadKnight: Just getting ready for the month to end
HeySteve: heh doubt that ever happened, they were real godly folk
HeySteve: my grandparents could recall all the cards played in a game of bridge. they'd review it afterwards, my grandfather criticizing granny's play
HeySteve: hmm training your memory for the card table perhaps?
BingoBoingo: Can you follow all paths at the same time
BingoBoingo: My favorite way to read those books in the past was page by page
ben_vulpes: the game wherein one acquires btc
HeySteve: btc the game?
ben_vulpes: they're great babes.
ben_vulpes: why not actually play btc the game though, HeySteve ?
HeySteve: ben_vulpes liked the babes
ben_vulpes: <mircea_popescu> ben_vulpes i was expecting a lot more obvious drunkedness tbh. but sober ? maybe you should write a book. << book? what book. "hey. tits? they're worth 0.1 btc now, which i'll hold for you indefinitely. let's tits. tits everyone? great."
HeySteve: nah it's more stable and I took off the autojoin
HeySteve: dunno if you caught it in the logs, but I'm working on a new kind of gambling
HeySteve: my connection is a yo-yo again so not worth the trouble to auth
gribble: The operation succeeded.
dub: my meaning is prozac et al is usually prescribed when the doctor cbf and isnt a real doctor
dub: oh hey its on the World Health Orgs List of Really Neat Drugs That We Are Paid To Put In Our List
BingoBoingo: dub: Prozac is totally prozac for your gut, there is no organ in which prozac is moar active
BingoBoingo: OMG sick and not sick ===== If you are on Truvada, you're medicating yourself (hopefully) every day, like someone with HIV. You're being closely monitored by your doctor with tests every three months to make sure you're negative and that your body is functioning properly, like someone with HIV. The cultural divide between the positive and the negative erodes, as it should.
dub: how the fuck this makes into a weblogsite I've heard of escapes
BingoBoingo: mircea_popescu: Looks like it. He was for the longest time anti gay pill. Now he is pro gay pill
BingoBoingo: xanthyos: I'd part with a whole time outfit for the right price
assbot: Truvada: It's Time To Take the Fucking Pill
xanthyos: the jitz'll never know, mcfly
xanthyos: the jick'll never find out
xanthyos: through the Mr. A conversion tool
xanthyos: are you the guy who gave danielpbarron btc for meat?
BingoBoingo: danielpbarron: Ah, I made I guess... the mistake of doing some hardcore ascensions, but... I'm enjoying these new challenge paths
BingoBoingo: danielpbarron: Wait you are that old and never wanted to inherit another class's skills?
mircea_popescu: what string and what hash has produced the leading d49250d4 ?
mircea_popescu: !up rogerthedoger
mircea_popescu: The20YearIRCloud i KNEW! it was some odd idiosybncratic thing
BingoBoingo: Eh, not so hard, you kill the naughty sourceress
BingoBoingo: Well it would only be for the second time since you sold me meat, both on challenge paths
The20YearIRCloud: pretty sure the shame has dropped by IQ by at least 20 points
The20YearIRCloud: not */msg assbot !up the20year
BingoBoingo: !up The20YearIRCloud
gribble: The operation succeeded.
ben_vulpes: ;;later tell pete_dushenski yo when do you bring the bittits?
ben_vulpes: catch y'all on the flipside
ben_vulpes: anyways i'm back to the babes
mircea_popescu: ehehehe look at the pretty girls!