The Off Topic Topic

[crazy canuck]

[Razgovory]

Glad he's improved.  Is he in good spirits?

Yeah, he's in pretty good spirits.  Due to the lack of a leg he can't really get around so I have to move him about a lot.  He's taking the loss pretty well (I was afraid he was going to be angry since we couldn't wake him up before they could remove the leg and so he wasn't consulted).  The only thing that bothers him is that he can't drink.  He very nearly drank himself to death this summer and so the doctor told him to cut out the booze.  Normally he'd just ignore it and go to the store and buy some, but since he can't leave he can't sneak off and buy that cheap supermarket whiskey he doesn't get any.

[CountDeMoney]

White pizza is a nice tasty meatless pizza.

Agreed—when it's done right, it's spot on.

[Josquius]

In both senses

[CountDeMoney]

I saw a commercial this morning with Ron Paul, endorsing Bitcoin and other "cryptocurrencies", and how they are as safe and tax-friendly as a 401k.

I found that to be unfortunate.

As a firm believer in currency competition, I'm excited to see the options that Bitcoin and blockchain open up. If you've done your research and think that you're ready to invest in Bitcoin or other cryptocurrencies, contact CoinIRA today to learn about all the options that are available to you." - Dr. Ron Paul

https://coinira.com/


I thought he was a big pooh-pooher of make-believe money, and was a big on gold and silver?  Did he sell out?

[Admiral Yi]

I saw a commercial this morning with Ron Paul, endorsing Bitcoin and other "cryptocurrencies", and how they are as safe and tax-friendly as a 401k.

I found that to be unfortunate.

As a firm believer in currency competition, I'm excited to see the options that Bitcoin and blockchain open up. If you've done your research and think that you're ready to invest in Bitcoin or other cryptocurrencies, contact CoinIRA today to learn about all the options that are available to you." - Dr. Ron Paul

https://coinira.com/


I thought he was a big pooh-pooher of make-believe money, and was a big on gold and silver?  Did he sell out?

His position is not 100% absolutely totally inconsistent.  The knock on fiat currency is there is no limit on how much can be created.  Cryptocurrencies have a limited supply by design.

[Ed Anger]

I've had people wanting to pay me for services rendered in Bitcoin. I just laughed.

[CountDeMoney]

His position is not 100% absolutely totally inconsistent.  The knock on fiat currency is there is no limit on how much can be created.  Cryptocurrencies have a limited supply by design.

So you're balls deep in it then?

[Ed Anger]

Meanwhile in Chinese corporate news...

The UAW is going to try and unionize the Fuyao auto glass plant in Moraine Ohio. I hope Fuyao gets fucked over.

[crazy canuck]

His position is not 100% absolutely totally inconsistent.  The knock on fiat currency is there is no limit on how much can be created.  Cryptocurrencies have a limited supply by design.

So you're balls deep in it then?

[Admiral Yi]

His position is not 100% absolutely totally inconsistent.  The knock on fiat currency is there is no limit on how much can be created.  Cryptocurrencies have a limited supply by design.

So you're balls deep in it then?

So no.

[frunk]

His position is not 100% absolutely totally inconsistent.  The knock on fiat currency is there is no limit on how much can be created.  Cryptocurrencies have a limited supply by design.

Except that isn't necessarily true.  How much currency is generated per amount of effort is entirely up to whoever controls the blockchain, and can be adjusted up or down, which effectively means they could rapidly expand the amount of currency by lowering the difficulty of generating it (or vice versa limit it by increasing the difficulty).  Bitcoin is set up with a hard cap of 21 million bitcoins with a target final production date of 2140, but there's nothing intrinsic to cryptocurrencies that make that a requirement.  Many others don't have those arbitrary limitations.  For instance Ethereum has a target "inflation rate" (which once again can always be changed).

Cryptocurrencies also have a nasty tendency to fork or create rival currencies since the only barrier to uptake is....people investing in it with money or processing power. 

[frunk]

And looking at wiki's List of Cryptocurrencies leads me to Titcoin, "a cryptocurrency that uses pornography on a decentralized peer-to-peer network to manage the issuance of new currency units while simultaneously processing transactions."

Apparently there are (or were) a blizzard of other porn related cryptocurrencies like SexCoin, WankCoin, TittieCoin and, I think my favorite, GroinCoin.

[CountDeMoney]

Ed and I have started printing BukkakeBucks.  Talk about a limited supply by design.

[Ed Anger]

Well, you let the reason for my Japan trip out of the bag.