signpost[asciilifeform] still connected indefinitely.
signpost[asciilifeform]: in re: sovereign p2p, not sure I've fully recalibrated to the world emergent.
signpost[asciilifeform]: bitcoin has been swallowed by the banks, etc.
signpost[asciilifeform]: many of the coins being sold currently are older addresses.
signpost[asciilifeform]: was well understood in TMSR that bitcoin was first a political proposition, then software.
asciilifeform: signpost: the interesting thing re the soft is that it still worx even when 99% of the coinz are owned by hitler
asciilifeform: (who consequently, the greedier, the more well-behaved becomes. witness the nearly total, afaik, disappearance of fork wankages)
asciilifeform: i.e. the political proposition still stands (given as it wasn't 'erryone will be rich', lol, but 'money w/out printer')
asciilifeform: very 18th c. flavour, arguably, recall when various crowned heads alternated between financing and hanging alchemists
signpost[asciilifeform] by no means disappointed with this result.
asciilifeform: soo what then to recalibrate to?
asciilifeform: from user pov, remains afaik exactly same as in earlier times
asciilifeform: even exch rate is largely static if one accounts for usd inflatola
asciilifeform: old addrs emptying simply means that the owners lived long enuff to retire and start eating'em
asciilifeform: ('feature', not 'bug')
asciilifeform: see also thrd.
dulapbot: (asciilifeform) 2020-12-17 asciilifeform: re upstack , imho important q for any participant to answer ~for himself~, 'does bitcoin work? what does it mean for it to work?' (see also e.g.)
asciilifeform: 'btc broak' iff a) hitler can print outta thin air b) hitler can prevent you from spending/receiving if 'not likes your face'
asciilifeform: in all other cases, 'not broak'
asciilifeform: ( for completeness, include c) hitler can break keyz )
asciilifeform: afaik no symptoms of a, b, c currently
signpost[asciilifeform]: earlier was commenting on the "what to build" question.
signpost[asciilifeform]: bitcoin ain't broke but has matured to the point of belonging to the traditional financial powers
signpost[asciilifeform]: if it continues to reform those, quite a victory.
signpost[asciilifeform] has been recalibrating on what to work on now.
asciilifeform recalls signpost had made substantial progress on the fountain coad thing, maybe pick it back up if he has the cycles ?
asciilifeform: 'thinking man's internet' is still open problem. esp. nao that the original www is being killed off with shannonizes liquishit, a la usenet
asciilifeform: *shannonized