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Mon Aug 05 00:18:55 UTC 2013  <thestringpuller>   and got flirtatious because is sparked a convo about economics and all kind of shit

Fri Aug 02 00:09:26 UTC 2013  <ThickAsThieves>   "Yes, we are a new class of internet entrepreneur that are going to provide the capital for this economy to develop. It's almost as if we are all micro-venture capitalist, and we are all helping expand, grow, and increase the value of bitcoin by intelligently investing in BTC companies."

Fri Aug 02 00:09:26 UTC 2013  <ThickAsThieves>   "Also by people holding onto BTC and not converting as much to Fiat, we are helping create the 'real' bitcoin economy--one that is based on investing back in the BTC economy, to cause for the growth and expansion of bitcoin on a whole.

Thu Aug 01 17:19:45 UTC 2013  <ThickAsThieves>   “The way the basic bitcoin system works is both incredibly solid and incredibly clever from a technical standpoint,” said Nicholas Weaver, senior staff researcher at the International Computer Science Institute in Berkeley, which studies and advances a range of emerging technologies. “The system’s security is fragile, however, and the economic model behind bitcoin is, well,

Mon Jul 22 02:51:38 UTC 2013  <mircea_popescu>   http://money.cnn.com/2013/06/11/news/economy/cash-only-doctors/index.html

Fri Jul 19 21:45:34 UTC 2013  <mircea_popescu>   krugman economy.

Fri Jul 19 02:08:48 UTC 2013  <mircea_popescu>   rather than try to make .5 btc as 50% of a bitcoin, the idea of economy, growth and generally progress is to make virtually nothing at all over cvasi infinite volume

Tue Jul 16 15:14:00 UTC 2013  <pankkake>   "it’s bad for the economy at large if money holds or increases in value, because then everybody starts saving all their money and nobody buys much of anything" ugh…

Fri Jul 12 01:31:55 UTC 2013  <mircea_popescu>   2. hiring an "economist" is only a solution if you're a journalist looking to be hired as an "economist". otherwise, it does nothing.

Fri Jul 12 01:31:20 UTC 2013  <mircea_popescu>   "He also has it figured out better than the Bitcoin dreamers. The online world of EVE wouldn?t work very well if the value of the currency was careening all over the place. That?s why they hired the economist to keep the value of the online currency stable, by means of adjustment of supply."

Thu Jul 11 16:23:04 UTC 2013  <San1ty_>   In Kreuzberg, Berlin, virtual currency Bitcoin has expanded off the internet to become a favoured medium of exchange in real shops and bars. Joerg Platzer, the owner of bar Room 77 is helping to establish what he believes to be the world's first Bitcoin local economy.

Tue Jul 09 18:39:23 UTC 2013  <ThickAsThieves>   "The bursting of Bitcoin technology on the scene at this time in history is not a mere coincidence. It is a reaction to three separate epochal developments largely emanating from the developed economies: (1) centralized and oppressive monetary authority (2) a dominant and complicit legacy banking system, and (3) the eradication of financial privacy."

Mon Jul 08 13:19:57 UTC 2013  <mircea_popescu>   most of the economy is NOT goods, and most business cycles are not tangible in that snese.

Mon Jul 08 13:12:03 UTC 2013  <ThickAsThieves>   you either need layers and layers to float an economay above the leaks

Mon Jul 08 13:03:42 UTC 2013  <ThickAsThieves>   i think it's that bitcoin is a fiat-dependent economy

Fri Jul 05 19:59:12 UTC 2013  <ThickAsThieves>   should he now be reqquired to have a bitcoin Economics class?

Thu Jul 04 09:11:20 UTC 2013  <Namworld>   Economies of scale is all fine, but if the GPU you rent are 5-10 times slower than AMDs but cost the same to buy...

Thu Jul 04 08:18:12 UTC 2013  <cads>   If Bob is given a list (U_1, V_1) .. (U_n, V_n) of pairs of public keys and target prefixes, then he can economize a great deal. For every private key B that Bob computes, he can compute P(B) once, then test whether P(B) + U_k has prefix V_k, for any k in 1 .. n.

Thu Jul 04 07:36:11 UTC 2013  <cads>   I'm thinking it might be most economical to throw a vanity miner into the cloud, if the demand is high enough

Thu Jul 04 04:47:49 UTC 2013  <thestringpuller>   i'm not talkinga bout economies

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