Re-decentralization of Bitcoin (if possible at all) has only one
purpose: to eliminate choke and control points (like 4 Chinese mints
controlling 50+% of hash power today) and make the system more stable
(convincing millions of miners to agree to a fork is totally different
ball game from
Analogies galore: Bitcoin acts like a dam spillway, when there is too
much water that cannot be used to run turbines or irrigate. Very bad for
everyone downstream.
https://en.wikipedia.org/wiki/Oroville_Dam_crisis
On 12/14/17, 01:20, Felix Stalder wrote:
in a traditional sense. There is
The first entrants may not be what one expects.
All FB has to offer is the currently missing salvation/after-life part,
which is the necessary ingredient of any self-respecting religion.
A machine that maintains your FB page after you are gone, giving
opinions and advices like you would,
Thanks, I just figured out the name for my new cryptocurrency:
Modern Coin
(MC, ModCo, m-coin, ...)
Just after 'shipping' I read a very good article about Zygmunt Bauman in
the French monthly 'La Decroissance' (highly recommended!), and
realised, of course, Bitcoin is all about 'liquid
-BEGIN PGP SIGNED MESSAGE-
Hash: SHA256
> Bitcoin may decease before soon, but its skeleton will remain
> alive and kicking ... you in the ass!
> Our present challenge is to 'ship' our message before Bitcoin
> unavoidably crashes for real,
uch...
Decentralization fetishism will not
In uncertain times, traditional investments bring in far less returns
than speculative ones. Of course the risks of default are higher, but
then it's borrowed money anyway, or held by very deep pockets players
who behave as venture capitalists: 1 smashing investment makes for 9
dudd ones.
Thank you for this post. The analogy to space and property values in
Dubai...perfectly clear. A city surely growing on overinflated speculative
wealth —and the fantasies of power that go with it—-not to mention other
cities, maybe Shanghai, that attract foreign, western capital.
Operative word:
uno:
> Kenneth Fields:
> > Priestbots would serve as the voice of the never seen/heard/manifest OneBot.
>
> that LOVE started with a touch(screen). by siris, alexas etc. we get used to.
> but, would probably be the first god who actually answers. will be a success
> I guess.
>
Kenneth Fields:
> Priestbots would serve as the voice of the never seen/heard/manifest OneBot.
that LOVE started with a touch(screen). by siris, alexas etc. we get used to.
but, would probably be the first god who actually answers. will be a success I
guess.
mail.kein.org
> Subject: Re: Never Mind the Bitcoin?
> Message-ID: <5a318281.1080...@gmail.com>
> Content-Type: text/plain; charset=ISO-8859-1; format=flowed
>
> Bitcoin successfully hijacked a sizable amount of public belief, which
> underwrites any fiat
Bitcoin seems, to me, to indicate how much criminal, speculative money
there is out there, seeking risk worth taking, rather than "investing"
in a traditional sense. There is simply too much money held by too few
people who now trade it among themselves, rather than seeking to extract
surplus
On 2017-12-13 20:41, Morlock Elloi wrote:
Bitcoin successfully hijacked a sizable amount of public belief, which
underwrites any fiat currency, and it doesn't get more fiat than
Bitcoin.
This is continuation of the phenomena of machine amplification of
human activities; machines do it better
Bitcoin successfully hijacked a sizable amount of public belief, which
underwrites any fiat currency, and it doesn't get more fiat than Bitcoin.
This is continuation of the phenomena of machine amplification of human
activities; machines do it better and faster. Socializing, sex,
education,
Hi Molly -- plz examine http://www.bbc.com/news/technology-42265728 for example,
calculating the energy (and thus carbon cost) of BitCoin... it is not
insignificant. It's a bit like this problem: https://tinyurl.com/yar8svhe --
climate scientists as frequent flyers...
So it goes...
JH
Never Mind the Bitcoin?
By Patrice Riemens, Eduard de Jong, and Geert Lovink
We wrote about (and against) the crankiness that is called Bitcoin back
in 2015, at a stage when everybody was gawking at its sudden rise in
'value' from $250 to something like $400 - up from $5-15 not tah much
15 matches
Mail list logo
