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- <the_scourge> what you say we collect the ruins and re-launch using some untried technology
- <asciilifeform> what do you mean by 'untried technology'
- <the_scourge> i have lots of djvu books, not as good as ascii
- <the_scourge> er actually tried.... i mean tribler is using a DHT to disseminate torrents
- <asciilifeform> read the logs of #b-a
- <the_scourge> which is way cooler than their anonymizing features
- <asciilifeform> specifically search for 'erasure code'
- <the_scourge> k thanks
- <asciilifeform> this idea was floated
- <asciilifeform> and might happen at some point
- <asciilifeform> but the current objective re: bitcoind is to clean up the original, pedigreed satoshi-era sources
- <asciilifeform> that can be trusted
- <asciilifeform> and then work from there.
- <the_scourge> so what if we get 2,000 clean copies running on pogo boards all over the world. what if everything else gets compromised? we'll still have something left over which doesn't have to be walked away from?
- <asciilifeform> aha.
- <asciilifeform> you read molbug, aha?
- <asciilifeform> recall his 'battery' analogy
- <the_scourge> oh, i've only read the economics stuff once
- <the_scourge> but, yes
- <asciilifeform> when folks exchange things other than coin, for coin, they 'charge the battery'
- <the_scourge> yup
- <asciilifeform> let's say there were two stable isotopes of Au
- <the_scourge> and the jews basically keep the overnight value
- <asciilifeform> and at the moment there was no sense in distinguishing the two
- <the_scourge> ok.
- <the_scourge> yup
- <asciilifeform> then - alchemists discover how to create Au-A from lead
- <asciilifeform> but not Au-B
- <asciilifeform> which is now the monetized gold ?
- <the_scourge> Au-B
- <asciilifeform> QED.
- <asciilifeform> is this becoming any clearer ?
- <the_scourge> woah.....
- <the_scourge> wtf
- <the_scourge> you're actually saying ... that the destroyed coins would cause the Au-B strain to go up in value?
- <asciilifeform> the debased coins
- <the_scourge> and... yes obviously it woudl
- asciilifeform> would it bother you if i pastebinned this explanation?
- <asciilifeform> i think others may benefit from it
- <the_scourge> please do
- <the_scourge> my mind is ... hurting a little, just trying to work out some things
- <the_scourge> but it's VERY clear, thank you
- <the_scourge> like... crystal clear
- <asciilifeform> my pleasure.
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