--- Log opened Thu Jun 09 00:00:47 2022
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08:10 <+gnusha> https://secure.diyhpl.us/cgit/diyhpluswiki/commit/?id=1c121cb6 Bryan Bishop: transcript: consensus2022 intro >> http://diyhpl.us/diyhpluswiki/transcripts/coindesk-consensus-2022/intro/
08:37 <+gnusha> https://secure.diyhpl.us/cgit/diyhpluswiki/commit/?id=4d2f2b34 Bryan Bishop: transcript: CFTC's vision >> http://diyhpl.us/diyhpluswiki/transcripts/coindesk-consensus-2022/cftc-vision/
09:33 <+gnusha> https://secure.diyhpl.us/cgit/diyhpluswiki/commit/?id=233a2387 Bryan Bishop: transcript: CFTC's vision >> http://diyhpl.us/diyhpluswiki/transcripts/coindesk-consensus-2022/turbulent-market-investment/
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10:35 < kanzure> now here's a meme i can get behind https://twitter.com/MichaelTrazzi/status/1534927524630863873
10:48 < fenn> .tw
10:48 < saxo> ok doomer https://pbs.twimg.com/media/FU0nz5oWAAIH_Nf.jpg (@MichaelTrazzi)
10:50 < fenn> who is in the upper right corner? i don't recognize the borg kid either
11:12 <+gnusha> https://secure.diyhpl.us/cgit/diyhpluswiki/commit/?id=d67b4bdb Bryan Bishop: transcript: who should be allowed to issue digital dollars? >> http://diyhpl.us/diyhpluswiki/transcripts/coindesk-consensus-2022/digital-dollar-issuers/
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14:43 < yashgaroth> fenn: gotta step up your twitter game https://twitter.com/sama https://twitter.com/tszzl
15:54 < fenn> .tw https://nitter.net/geekethics/status/1534499607299997696
15:54 < saxo> There's two definitions of efficiency: / 1) having as little waste as possible / 2) getting the most return out of given effort/resources // 1 is the enemy of 2. // Reducing waste costs effort and doesn't produce much benefit, there's no zero sum between waste and benefit. (@geekethics)
16:23 < TMA> ability to absorb (negative) externalities is a resource; therefore 1 and 2 are equivalent, except in the sense that 2 allows humans to disregard the cost of the externalities in the calculation
17:00  * nsh nods
17:01 < nsh> seeming efficiency by neglecting to consider externalities is what one might call the "near enemy" of true optimality
17:02  * L29Ah converts TMA and nsh into paperclips
17:38 < fenn> now THAT's how you absorb an externality!
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18:46 <+gnusha> https://secure.diyhpl.us/cgit/diyhpluswiki/commit/?id=033a0faf Bryan Bishop: transcript: silicon salon talks >> http://diyhpl.us/diyhpluswiki/transcripts/silicon-salon/tropic-square/
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--- Log closed Fri Jun 10 00:00:48 2022