Post
Topic
Board Bitcoin Discussion
Re: Will destroying Bitcoin by fixing it make us insanely wealthy?
by
iamnotback
on 26/03/2017, 03:31:09 UTC
uasf will kick miners out if they dont behave



I already agreed in my prior post. And are you satisfied with the UASF being in centralized control?

Do you know who is the $billionaire leader of (or leading spokesman for his cohort whales who comprise) the actual "UASF" (i.e. the economic majority)?

http://trilema.com/2015/if-you-go-on-a-bitcoin-fork-irrespective-which-scammer-proposes-it-you-will-lose-your-bitcoins/

Here is more about him.

Here is one quote from him:

I wouldn't really have even bothered with this article if there wasn't a third paragraph there, because contrary to what the stupid imagine, I don't use them for dissection material in order to hurt and humiliate them.

It's not about them, I couldn't care less about them, they're not human as far as I'm concerned. Just like I'm all in favour of butchering a million or a billion, or however many cute fluffy bunny rabbits, be it for making medicine, or cosmetics, or music out of their cries of agony, or whatever else - I'm equally in favour of torturing, mistreating and abusing the stupid in absolutely any way. That's what they're here for, after all, and if that's what gets you off by all means, who cares.

It doesn't really do anything for me, but nevertheless I will dissect them, with no regard to their own whatever bullshit, if I figure I could use the parts to teach, illuminate and instruct people about stupidity. And so here we go, check out the spots on Miscreanity's liver.




Shelby; If you would need to assess the relative seniority of me and Mircea Popescu, which criteria would you use?

Hi Risto. Please excuse my atrocious ignorance, naivete, and cluelessness w.r.t. the underworld of darkhigh finance. This is a strange new terrain for me. I feel like a child who is struggling to take his first steps without stumbling onto my face.

In particular I would really like to understand what is different if anything about your perspective/approach compared to MP's economic philosophy and assessment of the value of humanity. MP seems to think those with the most wealth should be in control of the monetary system yet he hates democracy and mass marketing because he sees those as ways of enslaving the stupid masses in a farcical, house-of-cards, debt-based economic system. Perhaps it can't be any other way? My technological approach with my attempt to find an improvement to Satoshi's design, has been to try to find a design in which nobody is in control.

So I would judge your ability to enlighten me on these issues—either in public or private communication—as the critieria.

Without publicizing any specific event, your actions indicate you are wealthy.

He wrote about you:


Quote from: jalopybrown
Assuming your the real MP what are your thoughts on the wacky Finnish 'supernode' guy?

Pretty good job.

Quote from: jalopybrown
Mircea Popescu is the owner of MPEX which is pretty much the buttcoin stock exchange, he's famous for lasting longer than most bitcoin businesses without failing and hiring an ex-spammer to do PR on bitcointalk despite her having the same level of charm and interpersonal skills as Josh.

No, actually, most recently I'm famous for fixing the price of Bitcoin back in early April, muchly humiliating Max Keiser in the process, and for leading the MtGox collapse by about two months. The rumour du jour at the Google I/O sloppy seconds conference thing they're doing currently is that in fact Gox' demise was pre-arranged and then announced privately to a secret group during my private and at the time secret conference last month.

Before that I was famous for calling various other "news" and "shocking & surprising developments" a month or two in advance, the girls are keeping a list somewhere.

Quote from: Russell William Thorpe
I work with poor people from a third world, Spanish speaking island called "Holyoke, Massachusetts". If they have Internet, it's through their phones, because they can't afford that and a modern pc, cable Internet, or a car, etc. How the hell are they supposed to download a 10 gigabyte block chain? I guess they could give out the block chain on DVD or Blu-Ray. Ok, to use this currency, first you need a copy of every transaction anybody has ever made...

I'm pretty sure nobody involved actually cares about these guys you work with, or poor people in general. This is a little like asking "but how are the thirld worlders from Holyoke Mass going to handle their own private jets". Well... they aren't.

Quote from: Lucy Heartfilia
1) Butts don't scale up at all.
2) Because of 1, decreasing mining rewards, greed and mining being ruled by an oligopoly transaction fees will skyrocket.
3) Butts are inconvenient.
4) Butts are insecure.

Why bitcoins will ultimately go down:
2) Exchanges are run by idiots. This is where the government already intervened.
3) Everyone who uses butts is either an idiot (largest proportion), scammer or otherwise criminal and oftentimes both at the same time. This is the case because non-dumbs and people with legal transactions can easily use other services.
4) This is a long shot, but I believe in the future all transactions will have names attached to them and cash will be phased out. It's just a matter of adoption and convenience now.

Apparently you're unaware who exactly you're talking to, which is chuckle worthy. Here's a thought : at the last count I was worth something north of 3/4 million Butts. Now what ?
(Yes, your numbered list consists of nonsense, most of it self-defeating, some of it self contradictory etc. But that's neither here nor there, what's a list these days, anyone's got one.)

In the last statement quoted above, MP is referring to the fact that what the USG.MIT mass media is painting onto Bitcoin is not what Bitcoin really is. Behind the curtain are whales who are changing the world from a debt-based industrial age to a more meritocratic knowledge age. Again I more than concur with MP's logic on this facet, and I even wrote my Rise of Knowledge, Demise of [Usury] Finance essay several years before the first instance of a similar elucidation I've found from him on his blog (of course he may have had those ideas much earlier, ditto for myself).

Perhaps I don't have the same valuation of humanity as he does. I don't entirely devalue the poor. Maybe he has similar logic to mine and just isn't communicating his ideas effectively to me. Essentially my major disagreement with MP seems to revolve around the mathematical fact which MP also derived, that is essentially Taleb's anti-fragility. It seems that MP punts to a hierarchical system of control, e.g. Satoshi's PoW ledger. But what if instead we had a way to encode the laws of physics into a monetary ledger such that nobody was in control, i.e. not a winner-take-all power vacuum of non-resilience? Wouldn't that be preferred?


Quote from: zylche
What do you think about the developers frequently receiving threats by bitcoiners? Or the guild and certain developers trying to push for a centralised validation services?

Bitcointalk is a collection of mostly poor, mostly uneducated, mostly bizarre folk you wouldn't have on your lawn/daughter/whatever. The various shit they do is representative of Bitcoin in the sense Jeremiah Wright is representative of xtians or Cornel West is representative of academia. Specifically about threaths... I get threatened all the time on teh Interwebs. I've never managed to care (yes I'm aware "the FBI takes internet threats very seriously", but I've never managed to care about that, either).

People will always try to push for centralised something or the other as long as they figure they'll have more market share of the centralised thing than they do now. As various failures are pushed aside to rot into irrelevance they're certain to try and find some sympathetic ear to enforce protectionist measures for them too (que Winklewhoever doods ranting about "regulation"). That topic is best served here.

In short I don't think either are suprising or important.