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kanzure | lego empire? http://img-fotki.yandex.ru/get/4100/myg2001.19e/0_381ce_f6667180_L.jpg | 09:29 |
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Utopiah | http://www.plus8star.com/ "innovation arbitrage" any other import/export online company focusing (hopefuly) on hitech? | 09:50 |
Utopiah | http://ignite.oreilly.com/ ? | 10:13 |
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branstrom | ybit: My iMac is at 2.8 GHz, 4 GB, 1 TB | 10:40 |
branstrom | glad to see that 4 GB is becoming standard | 10:40 |
kanzure | when did laptops start getting more than 1GB of RAM? | 10:44 |
JayDugger1 | A few years ago. | 10:45 |
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kanzure | i've been seeing laptops with 6GB | 10:48 |
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flamt | http://ansistego.sf.net/critterdrug-use-32-32.telepaths-profile-for-fire-anim-with-critters.tar.gz | 10:57 |
ybit | so google wave is now google buzz? | 10:57 |
flamt | disperse/disrepse added | 10:57 |
ybit | branstrom: nice | 10:57 |
ybit | my netbook: http://www.netbookchoice.com/2009/11/09/acer-aspire-1410-dual-core-review-roundup/ | 10:58 |
ybit | it apparently isn't a netbook, thought it's lighter than some netbooks | 10:58 |
ybit | if i ever expand the memory to 4gb, i'll go 64bit | 10:59 |
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ybit | oi xApple | 11:00 |
xApple | hi there : ) | 11:00 |
xApple | I'm back from my vacations | 11:01 |
ybit | right, how was it? | 11:01 |
xApple | How are things going here ? ^^ | 11:01 |
xApple | It was very nice | 11:01 |
ybit | was it your first time to amsterdam? | 11:01 |
xApple | Lots of walking | 11:01 |
xApple | We measured about 30'000 steps | 11:01 |
xApple | or 37 km in one weekend. | 11:01 |
ybit | wow, i wouldn't last :P | 11:01 |
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ybit | xApple: things are going as planned here, we are about to take over the world again tonight | 11:03 |
xApple | : ) | 11:03 |
xApple | What means are you going to use this time ? | 11:03 |
ybit | kanzure is brewing something in his underground lab me thinks | 11:04 |
xApple | It won't explode, will it ? | 11:04 |
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ybit | tomorrow night, the world shall probably see why it is that QuantumG was searching for the paper "Human space exploration in "Earth's neighborhood" - Strategy and architectural approach Joosten, B K, (2001) | 11:05 |
xApple | Space exploration huh | 11:05 |
ybit | xApple: i don't think we are in a position to give details right now ;) | 11:06 |
xApple | Only rocks out there, nah ? | 11:06 |
ybit | you've spent too much time in amsterdam ;) | 11:06 |
xApple | Hehe | 11:06 |
xApple | You want to make Mars into a computer, to get enough flops for an atomic scale simulation of the human brain ? | 11:07 |
ybit | sounds a lot like mooonbrains, though i haven't read Neverness to find out | 11:08 |
ybit | xApple: the book in txt format: http://heybryan.org/docs/Zindell,%20David%20-%20Neverness%20%28v1.0%29.txt | 11:09 |
xApple | Fiction in 2929 | 11:10 |
xApple | Hope we will get there before : ) | 11:10 |
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ybit | "Doctors have found a way to communicate with some patients in a vegetative state." :: http://content.nejm.org/cgi/content/full/NEJMoa0905370 | 13:17 |
ybit | the quantified life :: http://hplusmagazine.com/articles/health-medicine/self-tracking-quantified-life-worth-living | 13:18 |
ybit | "Intel Lifts the Hood on its "Single-Chip Cloud Computer [A 48-core prototype processor]" :: http://spectrum.ieee.org/semiconductors/processors/intel-lifts-the-hood-on-its-singlechip-cloud-computer | 13:23 |
ybit | lifehacker's rundown of google buzz: http://lifehacker.com/5467841/google-buzz-explained | 13:24 |
flamt | making a video of elective substrate mode | 13:31 |
flamt | ~ 4000 fps | 13:31 |
ybit | "How to Set Up a Chem Lab" :: http://www.wired.com/video/how-to-set-up-a-chem-lab/13798590001 | 13:35 |
ybit | "Google Wave in Action: Real-World Use Case Studies" :: http://integral.virishi.net/google_wave_action_real-world_use_case_studies | 13:40 |
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genehacker | so apparently they trust undergrads with the electron beam litho machines here... | 13:45 |
ybit | why not | 13:47 |
ybit | citation mapping: http://isiwebofknowledge.com/products_tools/multidisciplinary/webofscience/citmap/ | 13:47 |
ybit | the chemistry set recommeded in the wired article: http://www.youtube.com/watch?v=cCILYs9PiFM | 13:48 |
ybit | amazon link to it: http://www.amazon.com/dp/B00007B8M6/ref=asc_df_B00007B8M61026321?smid=ATVPDKIKX0DER&tag=googlecom09c9-20&linkCode=asn&creative=380341&creativeASIN=B00007B8M6 | 13:48 |
ybit | a lot better than the one i had when i was younger | 13:48 |
ybit | "Proposal to extend DNS with Peer to Peer server-independence" :: http://www.advogato.org/article/1033.html | 13:49 |
ybit | and that's all the links for today, there were several more interesting fMRI studies, but i'll spare everyone | 13:50 |
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ybit | okay, i have to post this | 15:36 |
ybit | google planning on offering 1 gigabit/sec to homes in certain u.s. cities: http://googleblog.blogspot.com/2010/02/think-big-with-gig-our-experimental.html | 15:38 |
fenn | nike robo parkour http://youtube.com/watch?v=QbiiiK4PU60 | 15:42 |
genehacker | it's not a real robot... | 15:43 |
fenn | what? i've been lied to! damn you, multinational megacorp! | 15:44 |
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kanzure | hm it seems the writing-30-emails-per-day method doesn't scale | 16:26 |
kanzure | does anyone know how keywordspy.com works? what are they "spying" on? | 16:27 |
kanzure | i mean, what data are they aggregating | 16:27 |
fenn | god what a terrible flash slideshow thingy | 16:32 |
kanzure | fenn: i will be forwarding you an email from meredith of late | 16:37 |
kanzure | she recommends a 'deconstructable' package or object that generically represents something not presently in skdb | 16:37 |
kanzure | i don't know how i feel about it yet | 16:37 |
fenn | forward away | 16:38 |
kanzure | sent | 16:38 |
kanzure | i haven't sent it to om yet since, if it is a good idea, it doesn't seem too hard to implement | 16:39 |
kanzure | so might as well hack it out before spamming everyone about it | 16:39 |
kanzure | hm i seem to have met someone claiming to be tubgirl | 16:45 |
fenn | "Even the naming of branches of science will exceed the velocity of our lips to mumble them." | 16:47 |
fenn | "Soon we will have exceedingly rich exactly appropriate metadata attached to all things. The world will become a barrage of infinite recursion, any object becoming the subject of a mesmerizing gaze. We’ll walk down the street and see people frozen, gasping at the unbelievable complexity of the label on an ice-cream bar; everything will become an Aleph One object." | 16:52 |
kanzure | ugh | 17:01 |
kanzure | i am not amused | 17:01 |
kanzure | nor aroused | 17:01 |
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fenn | heh gary wolf was telling me about this "entirely rational man", kind of how i feel most of the time: http://audio.wnyc.org/radiolab/radiolab111408b.mp3 | 17:03 |
kanzure | didn't you meet gary.. like a month ago? | 17:04 |
fenn | another data point in favor of the 'ben is brain damaged' hypothesis | 17:04 |
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kanzure | wtf? i have a conference call with the CEO of "nutrisystem for men" next week | 18:03 |
genehacker | huh? | 18:05 |
genehacker | why? | 18:05 |
kanzure | something about biohacking | 18:07 |
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kanzure | "In God We Trust; From Everyone Else, We Need Source Code." | 19:05 |
katsmeow-afk | "In God We Trust, But I have Dogs and Guns Anyhow" | 19:06 |
kanzure | oh, it's a derivative of something older. :( oh well | 19:07 |
Utopiah | "In God We Trust, everybody else pays cash" | 19:09 |
katsmeow-afk | that's it | 19:10 |
bkero | kanzure: are you some sort of industry expert now? | 19:29 |
kanzure | why do you ask | 19:29 |
kanzure | what industry? | 19:29 |
bkero | conference call ceo stuff | 19:29 |
bkero | no idea the industry | 19:29 |
kanzure | i steal ideas from fenn and advertize them as my own | 19:29 |
kanzure | it's a well known fact | 19:29 |
kanzure | fenn: hi! | 19:30 |
kanzure | truthfully i don't know wtf is going on | 19:30 |
kanzure | bkero: do you have any interest in attending some blacksmithing hackerspace type bullshit in your area? | 19:30 |
kanzure | one of the mentors of a FIRST robotics team does blacksmithing in your area | 19:30 |
kanzure | http://members.peak.org/~abrown/ | 19:31 |
kanzure | oops i meant http://brown.armoredpenguin.com/~abrown/ | 19:31 |
kanzure | http://www.mercurynews.com/breaking-news/ci_14374954?nclick_check=1 heh, cookie stuffing | 19:40 |
fenn | i like to stuff my cookies with chocolate | 19:48 |
fenn | hard to see why that is illegal | 19:49 |
kanzure | i can see why a lot of people are angry | 19:51 |
kanzure | it's because they overwrite other people's cookies and steal their monies (their affiliate percentage) | 19:51 |
kanzure | but this could be happening naturally if a cookie is reset multiple times :p | 19:51 |
kanzure | anyway i imagine that's why ebay can only do a cease and desist letter | 19:51 |
katsmeow-afk | that urls goes to https://secure.passport.mnginteractive.com/mngi/servletDispatch/ErightsPassportServlet.dyn?url=http://www.mercurynews.com/breaking-news/ci_14374954?nclick_check=1&forced=true which i can't get by | 19:56 |
kanzure | huh | 19:57 |
kanzure | i wouldn't trust it. it has the word 'servlet' in the url | 19:58 |
katsmeow-afk | and "passport" | 19:59 |
katsmeow-afk | and "interactive" | 19:59 |
kanzure | and "secure" | 19:59 |
kanzure | and ".dyn" | 19:59 |
kanzure | and "click_checked=1&forced=true" | 19:59 |
kanzure | in fact, everything | 19:59 |
katsmeow-afk | on so many levels, i just cannot get by it | 19:59 |
katsmeow-afk | question: i routinely delete the cookies, etags, and flash cookies, like multiple times a day,, am i causing an illegal kink in themoney flow by not having the cookies of legit affilates? | 20:02 |
kanzure | do you buy anything over the internet? | 20:03 |
katsmeow-afk | sadly, yeas | 20:03 |
kanzure | what do you mean by 'illegal' | 20:03 |
kanzure | the only time you're being affiliated marketed is when someone gives you an opinion and a cookie on a product, and a link to it or something | 20:03 |
katsmeow-afk | i cannot buy a darned thing here irl related to decent drugs, computers or parts, or electronics, or high performance mechanical parts | 20:04 |
kanzure | if you go straight to amazon.com, you're not being affiliated marketed or whatever | 20:04 |
katsmeow-afk | so if a legal affiliate plants a cookie, and i deleted it, and got to,, say ebay, and buy something, and the deleted cookie stops them from getting a commision, i am not doing anything illegal? good! | 20:05 |
kanzure | you're not doing anything illegal, right | 20:05 |
kanzure | however, please gimme teh commissionz? | 20:06 |
katsmeow-afk | sorry, yo can't prove i got the cookie, with or without my inherent approval when i used your site :-P | 20:07 |
kanzure | you're spending the same money in the end though | 20:08 |
katsmeow-afk | holy freaking cowpies : The average day I send 1400-2000 clicks to ebay via these links to the EPN. Thursday of last week I received a termination letter stating that they I was removed for cookie stuffing, and my last months revenue was being disposed of ($8743.48) and this months current pay was also being removed ($2684.00). | 20:08 |
kanzure | heh | 20:10 |
kanzure | yeah we're talking some high numbers | 20:10 |
katsmeow-afk | .....Two people I know from another admin site were just canned as well for "cookie stuffing" One guy was making on average $7200 per month... | 20:11 |
katsmeow-afk | sheeeet | 20:11 |
kanzure | stalk: barton c. massey | 20:22 |
kanzure | aha, bart@cs.pdx.edu | 20:23 |
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kanzure | peter thiel paid a visit to livly.org | 20:31 |
MrClif | Hi Gang, Looks like We're getting together for pizza again this Friday here in Eugene OR. :-) | 20:41 |
kanzure | MrClif: stalk down: http://brown.armoredpenguin.com/~abrown/ | 20:41 |
kanzure | fenn: james suggests when i talk with people who are not in the know, i describe skdb with the word "advisement" or "advisor" | 20:41 |
fenn | huh? | 20:42 |
fenn | is "advisement" even a word? | 20:43 |
QuantumG | sure is. | 20:44 |
katsmeow-afk | yeas | 20:45 |
katsmeow-afk | you take things under it | 20:45 |
kanzure | dictionary fail | 20:45 |
MrClif | Hey kanzure, is Allen the blacksmith guy you mentioned above? | 20:48 |
kanzure | yes | 20:48 |
MrClif | Cool how long have you known him? | 20:48 |
kanzure | 46 hours | 20:49 |
MrClif | Cool.... | 20:49 |
fenn | skdb is a software system | 20:54 |
kanzure | people don't understand | 20:55 |
fenn | advisement is something invovled with lawyers | 20:55 |
kanzure | oh? | 20:55 |
kanzure | well nevermind then | 20:55 |
kanzure | "advising people on what to use to make stuff" | 20:55 |
fenn | blah | 20:55 |
fenn | how the heck do i access the 4 microphones on this playstation eye webcam | 20:57 |
katsmeow-afk | we guarantee this may have no application for your purposes, please buy it | 20:57 |
kanzure | hm why is the lifeboat foundation tweeting about our youtube video | 21:06 |
fenn | probably because they just googlestalked me (poorly i might add) | 21:18 |
fenn | is it common to write your own biography blurb? | 21:18 |
fenn | i remember when scenes like this took weeks to render in pov-ray: http://www.speedtree.com/gallery/images/img450b1cf8ebb88.jpg | 21:19 |
fenn | that's a game engine | 21:19 |
fenn | http://www.speedtree.com/gallery/images/img450b1d04493ca.jpg | 21:20 |
QuantumG | yeah, speedtree really know their niche. | 21:21 |
kanzure | fenn: yes, self-biographies are just another way of self-masturbation | 21:25 |
QuantumG | ... now self eulogies.. | 21:26 |
kanzure | fenn: all of those blurbs on lifeboat.com are written by the person they are about :/ | 21:27 |
fenn | wow the video version of those trees is even cooler http://www.elderscrolls.com/downloads/redirect.php?fol=&fil=ob_chap2us.wmv | 21:28 |
fenn | sorry it's not an actual link | 21:29 |
kanzure | :( | 21:29 |
fenn | the swordplay leaves a bit to be desired | 21:32 |
kanzure | what did you think of meredith's email? | 21:32 |
fenn | er, um, /me reads it | 21:34 |
* katsmeow-afk reminds fenn that fenn reminded her that using /me in a sentence doesn't make it become the user's nick | 21:36 | |
katsmeow-afk | and yep, i still do it too | 21:37 |
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kanzure | fenn: http://en.wikipedia.org/wiki/Kleine-Levin_syndrome | 22:13 |
QuantumG | http://www.popularmechanics.com/technology/industry/4337757.html skip to the video | 22:16 |
kanzure | just interesting. | 22:16 |
kanzure | http://en.wikipedia.org/wiki/Non-24-hour_sleep-wake_syndrome http://www.supermemo.com/articles/sleep.htm http://www.supermemo.com/articles/sleepchart.htm | 22:17 |
fenn | hm. 45 minutes per email, i'm improving! | 22:22 |
* fenn reminds katsmeow-afk that sometimes fenn uses /me as a shorthand for third person self-referential snarkiness | 22:24 | |
fenn | kanzure: i dont have KLS | 22:26 |
JayDugger1 | fenn, Have you a graph to record and demonstrate this improvement in minutes/email? :) | 22:26 |
JayDugger1 | kanzure, I'll review the Open Source Hardware Business Models later this week. | 22:26 |
JayDugger1 | You added many links to the document. I can't tell which should get used as references, and which should get used as placemarkers for later import. | 22:27 |
fenn | non-24 syndrome sounds like a symptom with multiple possible causes | 22:27 |
JayDugger1 | I can add a references section to the document, but if I move links then I risk misplacing them. | 22:28 |
fenn | JayDugger1: i can generate one i guess | 22:28 |
kanzure | fenn: thanks for the email | 22:28 |
kanzure | JayDugger1: the lists of links may be moved without damage | 22:29 |
fenn | i am sort of amazed anyone still cares about skdb | 22:29 |
JayDugger1 | Good enough. | 22:29 |
kanzure | fenn: oh? | 22:29 |
kanzure | fenn: we have funding | 22:29 |
kanzure | that's reason enough, no? | 22:29 |
kanzure | from their point of view | 22:29 |
fenn | i mean after years of vaporware and incessant publicity without any results | 22:29 |
kanzure | heh | 22:29 |
kanzure | o right | 22:29 |
fenn | its like duke nukem 4 | 22:29 |
JayDugger1 | Does your patron allow mentioning its name? | 22:29 |
kanzure | not the patron's name, no | 22:29 |
JayDugger1 | No worries. | 22:29 |
JayDugger1 | Time to commute. | 22:30 |
fenn | if you want to hire bengladeshi children to describe the junk heap they live in, that'd be cool | 22:30 |
kanzure | i offered to give some money for your wearable, but you never took it | 22:30 |
fenn | you did? | 22:30 |
JayDugger1 | Good night, all. | 22:30 |
kanzure | -_- | 22:30 |
kanzure | night JayDugger1 | 22:30 |
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fenn | well, you can start by mailing my red sparkfun box here | 22:30 |
fenn | or just buy me new chips :3 | 22:30 |
kanzure | red sparkfun box? | 22:31 |
kanzure | is :3 zoidberg? | 22:31 |
fenn | you've checked the mailbox in the last 3 months or so, yes? | 22:31 |
kanzure | um | 22:31 |
kanzure | uhh | 22:31 |
kanzure | yes but nothing red came | 22:31 |
fenn | hey is there like a funding budget i can submit items to for consideration? | 22:33 |
kanzure | yes but i'll probably approve anything you send me | 22:33 |
fenn | even "toys"? | 22:33 |
kanzure | i won't buy you barbie dolls | 22:33 |
fenn | damn! | 22:33 |
kanzure | i know :( | 22:34 |
fenn | how about a realdoll hydraulics retrofit project | 22:34 |
kanzure | what would it involve | 22:34 |
fenn | er.. a lot of stuff | 22:35 |
fenn | and years of research, probably | 22:36 |
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fenn | anyway the point was i can buy bare chips from sparkfun for like 25% of the price of a "ready to go" module | 22:36 |
kanzure | yeah? | 22:36 |
fenn | so the question is how much discretion should i use | 22:36 |
kanzure | discretion in what? | 22:37 |
fenn | like i can get a nRF24L01 for $4 or the breadboardable module for $25 | 22:37 |
kanzure | go ahead | 22:37 |
kanzure | i especially like cheap things that pack a lot of punch | 22:37 |
kanzure | but that's just because i'm used to assuming i'm broke | 22:37 |
fenn | ok cool, this stuff adds up quick | 22:38 |
kanzure | fooey, that reminds me, i should probably get an arduino | 22:38 |
kanzure | or at least an atmega | 22:38 |
fenn | there are a bunch of AVR's in my electronics drawer | 22:39 |
fenn | arduino does have that nice USB bootloader preinstalled though | 22:39 |
kanzure | and what about the dev kits or chip-to-computer interfaces | 22:39 |
* fenn feels silly paying $40 for a $3 chip | 22:39 | |
fenn | ok so besides hardware i want a membership to hacker dojo, which is $100/mo | 22:40 |
kanzure | ok | 22:40 |
kanzure | btw i don't have a method right now to dump cash on you, so you should bug me ASAP for me to work on that (paypal maybe) | 22:40 |
kanzure | sooner you start bugging me the sooner that will get done | 22:40 |
fenn | i can register for a paypal business account | 22:41 |
kanzure | can i? | 22:41 |
fenn | eh? | 22:41 |
kanzure | what? | 22:41 |
kanzure | aren't i the one who has to register | 22:41 |
fenn | you dont need to if you're sending money, only to withdraw money | 22:41 |
kanzure | i see. well, i need to do it anyway | 22:41 |
kanzure | for other reasons | 22:41 |
kanzure | like.. being generally compliant with the internets | 22:41 |
fenn | i'm still waiting for my crypto key signed distributed p2p digital cash network | 22:42 |
kanzure | isn't michel bauwens or ybit supposed to be working on that? | 22:42 |
* fenn shakes fist at the ether | 22:42 | |
kanzure | ybit: that's your cue | 22:43 |
kanzure | where is ybit today anyway? | 22:43 |
fenn | rearranging his computer desk probably | 22:44 |
QuantumG | fenn: bitcoin.org | 22:47 |
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kanzure | meh | 22:48 |
fenn | ok but how do i get money out of it | 22:49 |
fenn | supposedly american express was pushing "revolution currency" or something like that | 22:49 |
kanzure | my dad worked for them, and for that reason i wouldn't recommend their company | 22:49 |
QuantumG | their tech is interesting.. their marketing is horrid (of course) http://www.bitcoin.org/sites/default/files/bitcoin.pdf | 22:49 |
QuantumG | and, if you think about it, that's the way it's gotta be | 22:50 |
fenn | currency conversion is sort of like file conversion | 22:50 |
fenn | s/file/format/ | 22:50 |
kanzure | it doesn't work? | 22:50 |
fenn | yeah :( | 22:50 |
QuantumG | if the marketing is all swish and everyone is using it, it has to be some corrupt controlled system. | 22:50 |
kanzure | vitaly was trying to convince me to use dxf/meshes today over the phone | 22:50 |
fenn | dxf is even worse than STL | 22:51 |
kanzure | yes | 22:51 |
fenn | it's ok for 2d stuff i guess | 22:51 |
fenn | that's just another confusion point though | 22:51 |
fenn | everyone knows SVG is 2d and STl is 3d | 22:51 |
kanzure | there's a "3d dxf" format apparently :/ | 22:52 |
kanzure | which i'm sure just conflates the issue | 22:52 |
fenn | QuantumG: isnt bitcoin incentivizing unchecked CPU wastage? | 22:53 |
QuantumG | all your questions and more answered in the pdf I linked | 22:53 |
fenn | wah, you mean i have to read? | 22:53 |
kanzure | bwahah | 22:53 |
fenn | just wondering if this is something i had read before and dismissed | 22:53 |
QuantumG | as I said, it's interesting | 22:53 |
kanzure | fenn: ybit probably mentioned it before. i came across it in 2007 | 22:54 |
fenn | around the same time as marc *mumble* and his energy based currency | 22:54 |
fenn | fawzi | 22:54 |
kanzure | we do not mention that name | 22:54 |
fenn | hah | 22:55 |
fenn | it's not his fault he's israeli | 22:55 |
fenn | QuantumG: also not sure how "one cpu one vote" is supposed to fix a corrupt controlled system | 22:56 |
QuantumG | as I said.. | 22:56 |
QuantumG | however, if you're not going to read the paper, at least read the FAQ.. http://bitcoin.org/node/1 but as you're not in high school, I'd expect you to read the paper. | 22:57 |
fenn | here's how a currency system should work: dollars from external currency systems are added to the system by institutions and signed with that institution's key | 22:57 |
fenn | when dollars are withdrawn, they get debited to that institution | 22:58 |
fenn | in between all sorts of hilarity ensues | 22:58 |
fenn | nobody should be able to make money from thin air, regardless how much CPU power they have | 22:58 |
fenn | if an institution devalues their currency by creating money from thin air, tough beans, you shouldn't have invested in that currency by transferring your money to it | 22:59 |
QuantumG | I can give you some advice on skiing if you like.. I've never strapped on a pair of boots, let alone taken a class.. but hey, obviously you're into unsolicited advice of morons. | 22:59 |
kanzure | unsolicited advice of morons is what we live for | 22:59 |
kanzure | carry on, moron | 22:59 |
fenn | QuantumG: i already read the paper and decided it wouldn't work, what's wrong with that? | 23:00 |
QuantumG | well, other than the fact that you've said nothing but statements which evidence that you *haven't* read the paper.. | 23:00 |
fenn | whatever | 23:01 |
fenn | show me a system that people are actually using and i might care | 23:02 |
QuantumG | that'd be paypal, enjoy. | 23:03 |
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fenn | ah well at least they sell bitcoins via paypal | 23:08 |
fenn | it all seems a little too abstract to actually use right now though | 23:09 |
QuantumG | I haven't looked at that link, do they buy coins via paypal too? | 23:10 |
fenn | yep | 23:12 |
fenn | currently $0.0038/bitcoin | 23:12 |
QuantumG | buy == sell price? | 23:13 |
fenn | "My exchange rate calculation is the yearly average of the bitcoins generated per day divided by the yearly average of the amount of dollars spent per day on Internet and electricity" | 23:14 |
fenn | that doesn't seem right does it? | 23:14 |
fenn | one interesting "feature" is that bitcoins will devalue as processor power goes up | 23:15 |
fenn | mips/watt or whatever | 23:15 |
fenn | of course electricity is only a part of the cost of a computer | 23:16 |
QuantumG | I'd explain this to you but both the FAQ and the paper explain it better | 23:16 |
QuantumG | point is, if you can buy and sell coins at the same rate you could theoretically use bitcoin as a middleman in your paypal transaction.. thus hiding your identity | 23:16 |
fenn | sure, but really the problem i'm trying to get away from is that paypal can confiscate your "money" with no recourse | 23:17 |
fenn | and the fees, which are just annoying | 23:18 |
fenn | and having to be connected to the net to exchange money, but bitcoin sort of requires that too | 23:19 |
QuantumG | aka paypal, and everything it entails, yes I understand the frustration | 23:20 |
fenn | can you buy porn with paypal? since it is a subsidiary of ebay now | 23:20 |
fenn | great photos http://money.cnn.com/2007/11/13/magazines/fortune/paypal_mafia.fortune/index.htm | 23:37 |
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JayDugger | At work, just lurking. | 23:38 |
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