etherael

90 ms·

781.
by etherael 15y ago
This is precisely what I mean by people do not grasp the entire concept of a mathematical law and how it relates to public key cryptography. There are man made laws which are invariably prescriptive, and natural laws (not in the legal sense
782.
by etherael 15y ago
Trust that the participants in the market will behave in accordance with established rules on penalty of punishment of human administered centralised authority is one thing, trust that mathematical truths governing how cryptography works is
783.
by etherael 15y ago
We hear you have money, we'd like it.
784.
by etherael 15y ago
Not to compare campfires and bonfires, but neither has the west. ( http://faculty.msb.edu/hasnasj/GTWebSite/MythWeb.htm )
785.
by etherael 15y ago
If you want to talk historically over long terms; gold is a far, far better store of value over time than fiat currencies, including the USD. None of this however changes the fact that rapid convertibility to and from bitcoins allows you to
786.
by etherael 15y ago
If you mean bigger in terms of market cap, that would actually imply that more investment is needed, right? If you mean that the current approximately 6.5million units is not enough however, should point out that the currency is divisible t
787.
by etherael 15y ago
This really only applies if you completely ignore the nature of the internet and everything that a digital currency implies and treat bitcoin just like any other paper currency. It is totally feasible to run bitcoin pricing with dynamically
788.
by etherael 15y ago
First they ignore you, then they laugh at you, then they fight you , then you win.
789.
by etherael 15y ago
If I were in your shoes, I'd hold a rolling percentage based on market performance and cash out via alternate channels than just MtGox 1k USD limits, you can likely find some reliable channels for conversion into alternate stores of value.
790.
by etherael 15y ago
Assuming the commodity has value, it's effectively the same as gold mining, it's just that the work is completely automated. The only "money being made out of nothing" is due to quantitative easing in fiat currencies. Bitcoins must be mined
791.
by etherael 15y ago
What's the line between anti-intellectualism and being able to recognise an argument from authority fallacy? Sanger does not seem to be able to draw it.
792.
by etherael 15y ago
I'm curious how you think I'm overlooking that? I agree completely, that's part of why I think that an idea like this is so disruptive. Because it's ground floor disruptive to one of the most inefficient and high return industries in the wo
793.
by etherael 15y ago
All currency values ever are completely speculative, the value of a currency is a shared mass consensual hallucination, this even applies to gold. There is no innate reason that it should ever have been considered as a form of money except
794.
by etherael 15y ago
gulp Here's hoping my disclaimer and my nomadic lifestyle are enough to insulate me from that.
795.
by etherael 15y ago
To tell you the truth I was a little apprehensive of actually writing that. Standard disclaimer applies and whatnot. And by standard disclaimer I mean I gave it as an example of something to actually be afraid of, not something that I find
796.
by etherael 15y ago
Shallow thinking. We reside in a world controlled by a collection of political forces. Money is the primary lever by which pressure is exerted in order to execute political policy. I am not an enormous Ayn Rand fan, however there were a few
797.
by etherael 15y ago
I have a strong urge to rebuke most of these "We're programmed to be like this, low status in our tribe etc etc" type lines of reasoning as outright ridiculous, however after considering it a little deeper it seems to me that's simply one i
798.
by etherael 15y ago
Hello unstoppable force, meet immovable object. Or should that be rapidly shifting, dynamically self decentralizing, variably invisible object? Time to grab the popcorn.
799.
by etherael 15y ago
This sounds a bit like buffering, what impact would something like that have on latency I wonder.
800.
by etherael 15y ago
Would it still feel wrong if you geared it specifically to abandonware roms? Perhaps something to consider.
801.
by etherael 15y ago
For one to have lost something, they must at one point have possessed that thing.
802.
by etherael 15y ago
By the way, it's actually only 4.7%, not 10%. http://en.wikipedia.org/wiki/Incarceration_in_the_United_Sta...
803.
by etherael 15y ago
Which would have failed utterly in the instance that the person being addressed was wearing something that she couldn't twist into being a result of the whims of the fashion industry. But then of course, they'd just be rebuking bad taste, b
804.
by etherael 15y ago
I guess it depends on the implementation details of the proposed system, the author is a libertarian (he talks at length of this in his other publications) so he may well have some very radical ideas on exactly how this could be accomplishe
805.
by etherael 15y ago
It is actually insanely hard to change states, even if you take away all the human choice factors and pick a robotic subject that simply optimises for personal choice without regard to family, friends, ties to community etc. All permanent
806.
by etherael 15y ago
This to me is one more link in the chain of evidence that this is not just the 2000 bubble rehashed. Not just different people but different kinds of people are in charge this time, different methods are being employed. The focus is less
807.
by etherael 16y ago
Kindle is region locked, certain titles are only available in EU vs AU (these ones I know from experience; Programming the Universe: A Quantum Computer Scientist Takes On the Cosmos being the book in question) and I assume US also.
808.
by etherael 16y ago
Taxes that are applied evenly and are uncomplicated are not something taxes specialize in.
809.
by etherael 16y ago
Granted, but the point of the article is that other services which do not have this ability are not vulnerable to said orders, they cannot do what they do not have the ability to do.
810.
by etherael 16y ago
I'm about to start hosting a room in Sydney for a while, any non obvious tips for new hosts? Should I make sure the rooms have locks? I'm leaning towards yes on this already because I think it will just make them feel safer and such, but I

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