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February 19, 2014

#bitcoin-otc web of trust backups

Filed under: Uncategorized — @ 12:00 a.m.
#bitcoin-otc web of trust backups

nanotube, the dude who does a lot of the greasing of wheels that keep the @bitcoin-otc WoT running more or less un-squickily keeps the database backed up in public.

You can find it here: http://bitcoin-otc.com/otc/

February 17, 2014

The Waste Will Out; Better Garbage Solutions

Filed under: Uncategorized — @ 12:00 a.m.
The Waste Will Out; Better Garbage Solutions

Humans expand to fill the space available to them. Managing this proclivity in myself is important to my ongoing quality of life. Were I to have more space, I'd also have more stuff. Stuff occupies not just space upon which one must pay rent but it also occupies precious mental overhead. Shed! Shed thy shit! Shed thy shit for sanity's sake!

In much the same manner that humans need space and will expand to fill the available space (also useful to think about this in ergodic+financial terms - so much energy available, humans at a point in time will expand their energy use to consume the available supply as limited by price) we also consume the waste-stream available to us. The waste stream itself is a manufactured and maintaned pipe.

In their supreme wisdom, Portland's governing intelligentsia have decided to game the green city rankings by composting and reducing garbage collection to once every other week1 - attempting to reduce our fraction of the waste stream. I believe they do it out of a belief that Jevons Paradox2 does not apply.

The waste maintains though - it has its own inertia. Even though the local govnerment has reduced the size of the pipe, there's an inductance-like effect where you can't just arbitrarily reduce the garbage ouput. Some of it is going to back up into houses, and the rest apparently get moved into rich neighborhoods by enterprising garbage smugglers relieving the poor of the new garbage burden. Makes for an amusing explanation at least, no saying really what the likelihood of that actually being the case here though.

January 28, unidentified female:
I'm calling about the new garbage collection that Sam Adams put in. I live in a very nice neighbordhood, and I have garbage out in the street. I don't know why, but all of the cans around here are just packed full! It's NOT sanitary!

– "Voicemails of Charlie Hales" Portland Mercury, Jan. 2014

There's a better solution, though! And that is simply to burn all of the garbage. There are some idiots out there who want to push your busted-ass, high-entropy garbage back down the entropic ladder so that you can burn it in cars or whatever derpy small power machine you're operating in your back yard, but I say burn it all! Sort it with robots and burn it all!

Footnotes:

1

I hate composting. Composting in houses with significant numbers of humans is a pain in the ass. I am not taking on the goddamn overhead of maintaining a composting facility in my backyard! Shit, most days I don't even want a backyard! However, I had one during the switchover and fuck composting man fuck it so much.

Lord, give me a garbage disposal. Those things are the greatest devices known to man, and I depend on that more than dishwashers. One day though, I'll have someone whose job it is to clean my house and this will all be academic.

2

Improvements in energy efficiency, puzzlingly, increase energy consumption. Lovely fact to goad energy conservationists with. I am not convinced that Jevons doesn't apply to the waste stream problem, due to aforementioned ergodic and financial constraits.

Evolution of Spin: Money Laundering -> "Transfers Too Large", or, US States Push Bitcoin to the WOT

Filed under: Uncategorized — @ 12:00 a.m.
Evolution of Spin: Money Laundering -> "Transfers Too Large", or, US States Push Bitcoin to the WOT

The story's spin was originally "money laundering!":

Those same documents show that the undercover agent told Reid he wanted to use the Bitcoins to buy credit cards stolen in the Target breach.

Which evolved into:

Florida’s anti-money laundering law makes exchanges above $10,000 illegal without offering information to the government. The state also forbids frequent unlicensed transactions of more than $300 but less than $20,000 in any 12-month period.

What - I can move more than 20 grand any time I feel like it, but no less unless it's less than three hundred bucks?

In other news, idiot North Americans who think they can control Bitcoin are simply driving everyone to the #bitcoin-otc web of trust. No news, not even surprising that this should happen, but it bears mentioning in public again and again until everyone gets it. Bitcoin has its own exchanges, and they have nothing to do with fiat-capital backed operators. They happen informally (as things of power do), and out of sight. This the future - a more explicit and honest power structure, where one either has bitcoins or wishes to.

February 15, 2014

Inertia

Filed under: Uncategorized — @ 12:00 a.m.
Inertia

<assbot> [MPEX] [S.MPOE] 68300 @ 0.00087502 = 59.7639 BTC [-] {4} [19:49]

<assbot> [MPEX] [S.MPOE] 16252 @ 0.00087481 = 14.2174 BTC [-] [19:50]

Show me something else in cryptoland where someone routinely just moves 45 all-american shitbuxx into or out of the thing and the 'investing public' doesn't run screaming in a panic as their pet ponzi collapses. I tell you, most of the shitty little altcoins couldn't take that kind of punishment, and MPEx clears trades like that all the damn time.

February 9, 2014

Bitcoiners Upset at Apple Understand Neither Apple's Business Model nor Bitcoin

Filed under: Uncategorized — @ 12:00 a.m.
Bitcoiners Upset at Apple Understand Neither Apple's Business Model nor Bitcoin

People love to be a part of things.

You seem to have gotten your panties into a bunch over a whole lotta nothing, kids. Listen up, and you might learn something about how business and cryptocurrencies work.

Apple removed another Bitcoin walletfrom their closed platform1, inadvertently2 kicking over the anthill3 of Apple-fanboi-cum-Bitcoin-fanboi impotent rage.

Your anger is a clear indication that you don't understand the world, and your directing it against Apple confirms the case as far as I'm concerned. What you fail to understand about the business environment is that the mobile companies are in a desperate bid to hoover up as much of the mobile payments space as they possibly can. In Apple's case, this entails forcing everyone who writes software for their platform to sign over 30% of all sales made to Apple.

Bitcoins are prohibited on the Apple phones because they're completely uninterdictable. Apple cannot force the user of a naive Bitcoin wallet to send 30% of each transaction to Apple because that's 31 different flavors of both insane and stupid. Insane on Apple's part to expect a consumer to voluntarily fork over 30% of everything they buy via phone, and stupid on the consumer's part to entertain the notion of ever complying with this closed-platform bullshit.

UPDATE: My partner insists that I correct myself:

  • You can buy shoes from the Zappos app and books from the Amazon app
  • The troll-toll only applies to in-app consumables, and subscriptions to content

This is the different between a computer that you own and a device that you're renting: you can install software freely on the one but not the latter. In the case of the former, you're free to install wallets of whatever Doge-y provenance you feel inspired to, and in the case of the latter, you're at your corporate master's mercy as to which payment methods they'll sanction your use of.

Furthermore, putting bitcoins on your phone is probably the goddamn stupidest thing that I've ever heard of. Bitcoins are going to be the world's reserve currency4, and as such fated to rise to prices per coin that dwarf even the outlandish Winklevoss' most media-hungry "predictions". To leave such a precious commodity within reach of anyone with a USB cable5 and a gun to scare you off your phone is the height of idiocy.

So if you're upset at Apple for kicking another Bitcoin wallet off of their platform, you obviously don't understand their business. If you're keeping your coins on your phone (be it iOS, Android or Moz-wafer), you deserve all the heartache coming your way.

Footnotes:

1

The use of "drop" is interesting in this context. It implies all of the sports stuff, where a player is either good for the team or bad, and if they're bad they get dropped. Bitcoin apps aren't "players" on the Apple team - they're software that is either allowed to run on the proprietary Apple platform or it's not. Perhaps a more accurate word to use in this context would be "removed".

2

Inadvertently because seriously who cares about these people enough to think about how one's business decisions will impact their emotions.

3

It's a tortured metaphor, but the people who care about this sort of trivial consumer-grade shit don't matter and as such are ants. It's an anthill because well, this kind of shtush isn't a mountain by any stretch of the imagination, and molehill doesn't bring to mind the kind of seething insectoid imagery that these "bitcoiners" should really evoke.

4

This most emphatically does not mean that they'll be the worlds exchanged currency. The "honor" of paying Joe Sixpack's bills will always fall to the fiat script of his local dictator, be that the Tyrant of North America or your local Bitlord. Bitcoins are too valuable and dangerous and tricky to be entrusted to humans who don't understand the risks involved.

5

Did you know that most phones in circulation can be imaged just by plugging them in? The iOS devices have gotten better about this but do you really want to test Apple's security? Do you really want to trust Apple with your precious coins? I didn't think so.

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