The below is an off-site archive of all tweets posted by @lopp ever

March 2014

Send me your email address if you’d like an invitation to keybase.io

via web

TNWinsider Square now lets sellers accept Bitcoin on their own storefronts tnw.to/f4q9J by @EPro

via TwitPublisher (retweeted on 4:19 PM, Mar 31st, 2014 via web)

.@chamath claims Bitcoin + smart contracts + triple entry accounting can bring tax deferral capability to avg person https://t.co/Ylnk6A94nW

via web

Lopp Holdings, LLC portfolio report: currently down 33% since inception (average cost basis of $685 / BTC)

via web

@Rothbardian1627 Sure, I’m an editor and contributor at @coinchomp. You can find my posts here: http://t.co/Q5vmCU9p1o

via web

Duke Bitcoin Conference is this Saturday, featuring Core Dev @TheBlueMatt. Not sure yet if it’s open to public. https://t.co/K35bdXb49u

via web

@flyosity Norovirus? That was me a week ago.

via web in reply to flyosity

@CathyReisenwitz It was a pleasure to meet you; I feel like I came home from @LibertyFestNC with plenty of fresh perspectives to ponder!

via web in reply to CathyReisenwitz

Verifying myself: I am lopp on Keybase.io. ay5MtgeCoPlmhfLr9t5QHBSJPQ-8RQXsXSyc / https://t.co/ATKWgFBgsK

via web

While @BTCFoundation does beneficial things for the community, it is not representative of it. Fewer than 1% of BTC users are members.

via web

There comes a point at which one should shut up and out-innovate one’s opponents into obsolescence.

via web

“America’s health problems are not just from overeating, but from malnutrition that results in overeating.” @therontron

via Twitter for Android

“Circular logic results in government banning large sodas rather than attacking root problem by eliminating corn subsidies.” @therontron

via Twitter for Android

“Government incentives in the agricultural industry have caused cheap food to push good food out of the market.” @therontron

via Twitter for Android

“Libertarians tend to avoid discussing the rights of children because it’s a very difficult topic.” - Ana Martin

via Twitter for Android

“The beauty of decentralized technologies is that the more people who use them, the more powerful they become.” @ABillyRock

via Twitter for Android

“Smart contracts have the potential to form a polycentric legal system that competes w/state’s monopoly on contract law.” @ABillyRock

via Twitter for Android

“Decentralization allows people to compete with monopolies.” @ABillyRock

via Twitter for Android

“The state’s most powerful monopoly is its monopoly on money.” @ABillyRock

via Twitter for Android

“If we had a violent revolution, those who ended up in power would be those who are best at violence; not what we want.” @MattBGilliland

via Twitter for Android

When it comes to economics: “Incentives matter, intentions don’t, free trade makes everyone better off.” @MattBGilliland

via Twitter for Android

“Ideas are not scare resources thus concept of private property is not necessary… piracy is publicity.” @JSDiedrich

via Twitter for Android

“Concept of private property is necessary b/c we live in a world of scarcity & need to allocate resources.” @JSDiedrich

via Twitter for Android

“There is no empirical evidence that intellectual property laws have spurred innovation.” @JSDiedrich

via Twitter for Android

@pmccall777 @JSDiedrich Publishers were the only ones with the tools to pirate composed music at the time.

via Twitter for Android in reply to pmccall777

“Copyright and intellectual property have their roots in government granted privilege.” @JSDiedrich

via Twitter for Android

“The threat of piracy (by publishers) made 17th century music composers more productive.” @JSDiedrich

via Twitter for Android

Just sampled an India Pale Pilsner, a style of beer that’s so new, it isn’t an officially recognized style.

via Twitter for Android

“The Reinheitsgebot (German Beer Purity Law) was the world’s first consumer protection law. Libertarians LOVE consumer protection laws.”

via Twitter for Android

OH: “Red clay bricks are the exact opposite of Bitcoin, as they have been the most stable store of value throughout human history.”

via Twitter for Android

.@CathyReisenwitz keynote about how Libertarians can improve our methods of discussing ideas with “opponents.” pic.twitter.com/STm6lsfo7D

via Twitter for Android

“The AR-15 platform is the adult equivalent of LEGO®.”2

via Twitter for Android

“Don’t look to govt for solutions. Even govt knows this… & contracts w/private sector to provide solutions.” @AlbertKLu

via Twitter for Android

Individuals will pursue their rational self interests, regardless of whether they live under a govt or in a free society.” @shanklinmike

via Twitter for Android

“CPS Investigators are incentivized to find reasons to remove children from their families.” @CarlosMoralesTC

via Twitter for Android

“Child Protective Services is engaged in a War on Drugs, not a War on Child Abuse.” @CarlosMoralesTC

via Twitter for Android

stripe Interested in accepting Bitcoin? You can sign up for the beta waiting list at stripe.com/bitcoin.

via web (retweeted on 12:29 PM, Mar 27th, 2014 via web)

@mikestable Holy shit, multiple image dumps in a single tweet! Are you going green?

via web in reply to mikestable

What if governance is not a political problem, but an engineering problem? What if the will of the people could be fairly executed via tech?

via web

RT @pmarca: 8/That critique can be either right or wrong, and vigorous debate follows. And that’s how a lot of technological progress is ma…

via web

RT @pmarca: 7/When techies critique tech, it’s more: “This new tech is interesting, but it’s missing properties X, Y, and Z to be used in t…

via web

.@pmarca’s 90 second cryptocurrency pitch. https://t.co/pz0RHlZQlu

via web

@jessevanek I would be content paying my current amount of taxes if I had freedom to choose how it was distributed throughout public sector.

via web in reply to jessevanek

@pmarca Do you have any plans to support development of Bitcoin Core?

via web

@LittleShibe This will surely occur to an extent, but crypto is a global phenomenon. Govt can only affect exchanges under their jurisdiction

via web in reply to LittleShibe

@LittleShibe That’s the best part - crypto continues to function the same, regardless of external ‘rules’ applied by govt.

via web in reply to LittleShibe

The more legitimacy cryptocurrency gains, the more appealing it looks to corporations and the financial industry.

via web

The more regulations that governments impose upon cryptocurrency, the more legitimacy they give it.

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The music used in the “You wouldn’t download a car” anti-piracy advertisement you’ve seen on many DVDs… is pirated. http://t.co/eLkQXVQeDS

via web

RT @matthew_d_green: My Zerocash co-author Eli Ben-Sasson gave this talk on our work in progress: https://t.co/tw04qk6U9O …

via web

Regarding MTGOX: “Never ascribe to malice that which is adequately explained by incompetence.” - Napoleon Bonaparte

via web

@flyosity It would be a damn shame if you were forced to view Facebook ads in virtual reality.

via web in reply to flyosity

There appears to be a correlation between Bitcoin market value and Metcalfe’s Law. [correlation != causation] pic.twitter.com/qLBpP1lUrV

via web

RT @a_greenberg: Satoshi Nakamoto’s Neighbor: The Bitcoin Ghostwriter Who Wasn’t http://t.co/g4ySg4eqKI

via web

@cryptotraveler @jessevanek @wayann Hard to say. If people get back bitcoins that they wrote off, they might dump them for “safety” of fiat.

via web in reply to cryptotraveler

@wayann @jessevanek Wouldn’t surprise me - I’ve been saying all along that loss due to incompetence makes more sense than theft.

via web in reply to wayann

RT @OverkillCoin: Like all crapcoins we’ve had a turbulent launch. But finally we’re here! IPO folks, cash out quick! Buy in, chumps! http:…

via web

It looks like DOGE4NASCAR is actually going to happen, thanks in no small part to @moolah_io! doge4nascar.org

via web

@mikestable NSA will no longer collect data; we’ll just have the phone companies collect it on our behalf. LOL! http://t.co/5d9DHX1AJb

via web

@eric7urner @CoinChomp Don’t get me wrong, it’s high risk and potentially high reward if you hit the jackpot!

via web in reply to eric7urner

@Irving_Aquino @anjiecast Good, b/c it’s pointless to fight against a system of voluntary interaction. No one is forcing you to participate.

via web in reply to Irving_Aquino

@Irving_Aquino @anjiecast Well then, I guess we can all go about our lives now that the authority has spoken. :-)

via web in reply to Irving_Aquino

@Irving_Aquino @anjiecast Those of us who understand that if you don’t hold it (private keys to BTC addresses) didn’t store BTC on Gox.

via web in reply to Irving_Aquino

@zfurnas @anjiecast I’d say it’s certainly compelling evidence :-)

via web in reply to zfurnas

@anjiecast @zfurnas I’m not sure that it’s possible to ever achieve consensus with regard to philosophy…

via web in reply to lopp

@anjiecast @zfurnas Glad you agree. Admittedly, discussion of “value” tends to be more philosophical than technical… it’s also subjective!

via web in reply to anjiecast

zfurnas @anjiecast @lopp’s right. But you could generalize to: “next time anyone starts asserting “intrinsic value” of anything, stop listening.”

via web (retweeted on 10:01 AM, Mar 25th, 2014 via web)

Preliminary summary of @petertoddbtc’s Tree Chains project has been published http://t.co/oooFPJjCM5

via web

@CoinChomp @eric7urner Pre-ordering mining equipment is just making a gamble on top of a gamble. I don’t recommend it to anyone.

via web in reply to CoinChomp

businessinsider Kim Dotcom mocks authorities as his new cloud company is valued at $180 million read.bi/1lj49eP

via Business Insider (retweeted on 7:51 AM, Mar 25th, 2014 via web)

RT @Dinosn: Prezi Got Pwned: A Tale of Responsible Disclosure http://t.co/N39fFYeG4j

via web

RT @larrybyndon: @lopp “… the blockchain could also prove an elegant solution to applying copyright law’s first sale doctrine to digital go…

via web

@larrybyndon Bitcoin the protocol is far more interesting than Bitcoin the currency. Bitcoin is a protocol; currency is the first “app.”

via web in reply to larrybyndon

@larrybyndon Because Bitcoin is a set of consensus mechanisms that act as a foundation for us to build other trustless systems on top of it.

via web in reply to lopp

@larrybyndon The interesting difference with regard to Bitcoin is that we can agree that it is more than simply money.

via web in reply to larrybyndon

@larrybyndon Isn’t all money like Monopoly money in that sense? Would you sell me your car for kyats?

via web in reply to larrybyndon

@larrybyndon Correct, Bitcoin miners all use ASICs (Application Specific Integrated Circuits), however many alt-coins can be mined w/GPUs.

via web in reply to larrybyndon

@jessevanek Because mining a block is done by hashing ALL of the transactions together simultaneously. There are no discrete operations.

via web in reply to jessevanek

@jessevanek Also, I should note that it’s technically incorrect to say that a transaction is using an explicit share of the mining power.

via web in reply to jessevanek

@jessevanek Not really, because ASICs are orders of magnitude more efficient than cloud computing services. There’s no good comparison.

via web in reply to jessevanek

@jessevanek I wanted to attempt that comparison, but I have no idea how to determine the share of value of miner’s computational power…

via web in reply to jessevanek

@BrontoCaroline I blame it on the lack of patronage by Beignets for a Better Life.

via web in reply to BrontoCaroline

This would only work if miners were entire market. Crypto prices are based upon far more variables. This just equalizes mining profitability

via web

Strip mining makes sense for short-term profitability, but doing so in order to boost a specific coin and hurt competitors is short-sighted.

via web

This has the effect of driving the exchange rate of crypto you dislike down, while boosting exchange rate of crypto you like.

via web

Strip mining is a fascinating concept: instead of mining the crypto you want, you mine competing crypto and sell it for crypto you want.

via web

I present a counter-argument to those who say that Bitcoin “has no intrinsic value.” http://t.co/Dgk0fmBlys

via web

@anaraug That’s a common argument made under assumption that ASICs result in centralization of hash power. Pools centralize power far more.

via web in reply to anaraug

You might be an egomaniac if: you launch an alternative currency and name it after yourself.

via web

Alt-coins whose only differentiator is an “ASIC proof” mining algorithm will not succeed long term. Only miners care about the algorithm.

via web

Looks like MTGOX hasn’t been the only exchange operating a fractional reserve. Proof of reserves is a must. https://t.co/VVQRSd6a0N

via web

My @Bronto colleagues will appreciate this gem from the Bitcoin Core code. pic.twitter.com/AFD5IqbYcD

via web

@goddamndave I hope it’s like @elonmusk’s Minority Report style system

via web in reply to goddamndave

@CathyReisenwitz I’m looking forward to meeting you at Liberty Fest next week!

via web

@JamesGMorgan An Internet protocol with a payment error needs an Internet native payment method, one would think!

via web in reply to JamesGMorgan

@EJBowden You can go back in history and find plenty of examples of people discussing ideas for currency that sounds just like Bitcoin :-)

via web in reply to EJBowden

@tipdoge tip @savethemhood 110 - Keep up the great work!

via web

I predict that after decades of languishing in obscurity, the HTTP 402 error will eventually see the light of day. http://t.co/5ZdMCa77ag

via web

@TrueBitcoinGirl @CathyReisenwitz It’s always amusing to read articles of people telling the community what it must and must not do.

via web in reply to TrueBitcoinGirl

“app coins are interesting because they’re a totally new way to do funding, monetization, and exit.” - @balajis https://t.co/djo68ptCjd

via web

@TriangleBitcoin This may not be feasible, however, because IIRC a ‘getAddr’ request to a node retuns all ‘known’ nodes, not connected nodes

via web in reply to TriangleBitcoin

@TriangleBitcoin I would also like to modify the Bitnodes software to perform other tasks (such as a mesh visualization) but that’s separate

via web in reply to lopp

@TriangleBitcoin Current plan is to deploy modified nodes throughout network mesh that report stats. You want a mesh visualization?

via web in reply to TriangleBitcoin

@TriangleBitcoin I began digging into the Bitcoin Core code last night; hoping to fork off to my DevOps project this weekend.

via web in reply to TriangleBitcoin

RT @TriangleBitcoin: Lets talk #bitcoin #nodes - How many is enough? by #TriBitcoin’s own @lopp http://t.co/Odciq36gZH

via web

@Altimor @polemitis But it’s an obvious choice for consumers: 99 cents of time for an app / song / ebook or spend months / years creating it

via web in reply to Altimor

@Altimor @polemitis It was quite difficult to find software for 99 cents in the pre-Internet era.

via web in reply to Altimor

@Altimor @polemitis Digital distribution allows producers to lower prices due to increased market size & lower distribution costs.

via web in reply to Altimor

@Altimor @polemitis Unit cost is only one factor. Initial production cost remains quite high due to the skills required.

via web in reply to Altimor

Throwback Thursday: Bitcoin Core versions < 0.6 used IRC channels to learn the IP addresses of other nodes. https://t.co/Di8FwTGtMt

via web

@rjurney Oops, you’ve changed your mind rather quickly, eh?

via web in reply to rjurney

@bonatsos @polemitis Money is simply stored time.

via web in reply to bonatsos

@tuurdemeester Pretty sure we’ve established that difficulty follows price, not vice versa.

via Twitter for Android in reply to tuurdemeester

@jgarzik @kncminer “Shipment begins in Q2/Q3 of 2014” ಠ_ಠ I expect more precision for a $10,000 investment.

via web in reply to jgarzik

I find it difficult to believe that there is much overlap between Dogecoin enthusiasts and NASCAR fans, but hey, what do I know?

via web

@flyosity Zero tolerance for anyone who interferes with Darwinism!

via web in reply to flyosity

@pmccall777 @dailytarheel I value @flyosity’s candidness in that he will not hesitate to disagree with me :-)

via web in reply to pmccall777

@flyosity I need your professional design opinion. Is it just me or is @dailytarheel’s redesign terrible? http://t.co/MgohxWlqR1

via web

Facebook’s Security Director leaves for @coinbase, stating “I’ve decided that crypto currency is worth protecting.” http://t.co/NunkwGXXaN

via web

@barrysilbert @WSJ @mikejcasey @paulvigna Good luck, Barry! @winklevoss and @tylerwinklevoss have a habit of winning races…

via web in reply to barrysilbert

barrysilbert News is out: SecondMarket seeks to open bitcoin fund as early as fourth quarter. on.wsj.com/1ow8bPW via @WSJ @mikejcasey @paulvigna

via Tweet Button (retweeted on 6:45 PM, Mar 19th, 2014 via web)

emilepetrone Today we launched the new Tindie! MOAR awesomeness is on the way! tindie.com

via Twitter for iPhone (retweeted on 5:24 PM, Mar 19th, 2014 via Buffer)

I donned my robe and DevOps hat for my latest @CoinChomp post: “Bitcoin Nodes: How Many is Enough?” http://t.co/DvnSfNjNTz

via web

@Magnus919 @TriangleDevOps DevOps for distributed open source software projects

via web in reply to Magnus919

“Intrinsic value” is a fallacy. All value is subjective and relative to one’s situation / perspective.

via Buffer

@_JasonCooper @flyosity @AInsights Nope, I’ve only ever heard of Bleacher Report automating content for sports articles.

via web in reply to _JasonCooper

@flyosity Think the journalists are quaking in their boots?

via web in reply to flyosity

@oleganza Welcome to the free market - it can be a confusing place :-)

via web in reply to oleganza

The U.K. has unveiled a new 12-sided pound coin that is being hailed as the most secure coin in the world. *snicker* http://t.co/LA0sHt22P0

via web

@mikestable Is the NSA tapping our water supply? lulz http://t.co/hWTkF7tBDE

via web

“To reduce confusion between Bitcoin-the-network and Bitcoin-the-software we renamed the reference client to Bitcoin Core.” @gavinandresen

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RT @gavinandresen: Bitcoin Core version 0.9.0 is finished! Download binaries from https://t.co/Brm6CPBw58 — report bugs to https://t.co/hz…

via web

The most successful Bitcoin companies will be those that shift our need to trust the company (and its security practices) onto the protocol.

via web

@CoinChomp It’s quite silly. Assuming the ‘jackpot’ blocks are random, miners are still sharing same pie fairly based upon hash power.

via web in reply to CoinChomp

@CoinChomp Apparently mining in and of itself isn’t a gamble enough - we need to support gambling within our gambling! :-P

via web in reply to CoinChomp

@tuurdemeester There’s the pump; brace for the dump!

via web in reply to tuurdemeester

@mikestable The 2x4 is the key to swoleness.

via web in reply to mikestable

HashTrust Announcing SafeTX, an easy-to-use trustless bitcoin escrow service. hashtrust.com pic.twitter.com/dB49z0gmsC

via web (retweeted on 3:15 PM, Mar 18th, 2014 via web)

@BitcoinAverage It was just an error in @blockchain’s MySQL database - not a problem with their Bitcoin implementation.

via web in reply to BitcoinAverage

nntaleb The ultimate test of freedom is whether you *have to* explain why you did something.

via web (retweeted on 2:47 PM, Mar 18th, 2014 via web)

@polemitis The potential for death is half the fun of driving!

via web in reply to polemitis

OH: “Calling it a [Bitcoin] wallet is stupid. You put coins in a purse, not a wallet.”

via web

@bishi3000 @jgarzik This is NOT the core dev Mike Hearn. Article is by github.com/mike-hearn whereas core dev is github.com/mikehearn

via web

@Newsweek @truth_eater LOL, keep sticking your head in the sand. I’m sure it will work out splendidly for you.

via web in reply to Newsweek

@CoinChomp A goxcoin is a bitcoin that Gox claims exists but can’t prove. People were trading goxcoins via bitcoinbuilder.com

via web in reply to CoinChomp

Bitcoin allows small merchants to operate internationally and in high-risk markets with no overhead. http://t.co/1LzRAZxag1

via web

@CoinChomp “Lets Users Check Goxcoin Balances”

via web in reply to CoinChomp

oleganza Idea of a useful altcoin tmblr.co/Z3kFay1AJVYuC

via Tumblr (retweeted on 8:22 PM, Mar 17th, 2014 via web)

Two blocks diverged in a digital chain,
and sorry I could not follow both,
I chose the longer chain.
And that has made all the difference.

via web

How do we apply principles to decentralized open source software? Anyone have any resources about this subject?

via web

I’ve been busy researching for my next blog post, pushing the boundaries of insight that anyone has into the Bitcoin network mesh.

via web

@jgarzik Artifically low supply due to monopoly status?

via web in reply to jgarzik

HA! “I have learned this about the fanatical Bitcoiners: they will see this all in a different light once they reach puberty.â@truth_eaterater

via web

@Mircea_Popescu *mind blown* care to expound upon that statement?

via web in reply to Mircea_Popescu

@matthew_d_green @Newsweek and @truth_eater are free to claim whatever they want. It doesn’t make it true.

via web in reply to matthew_d_green

If I were a Bitcoin Baron, I’d be building dedicated DevOps and QA teams to support the core developers. /cc @Mircea_Popescu

via web

tuurdemeester Dogecoin stats: $48M market cap (0.6% of BTC), 18,380 daily transactions (26% of BTC), 71k reddit subscribers, 167k twitter followers.

via web (retweeted on 11:52 AM, Mar 17th, 2014 via web)

I don’t think I’ve ever come across a URL that looked like it was having an identity crisis… until now: com-http.us

via web

Dorian Nakamoto dropped his ISP in 2013 due to financial distress. Sounds like he can use the 45 BTC we’ve raised. pic.twitter.com/Y6yyTvhEmS

via web

@BitBets @Mircea_Popescu So you’re saying that I can make some easy money by betting that Bitcoin will be volatile…

via web in reply to BitBets

RT @jonmatonis: Zerocoin: Zero Knowledge for Infinite Anonymity http://t.co/c2Dr4MYlT5 via @CoinChomp and @lopp

via Twitter for Android

RT @Mircea_Popescu: And Yes bets continue to flow in o.O @BitBetsBets 1,000.0BTC on ‘Yes’-#Bitcoin to surpass Berkshire as an investment ht…

via web

savethemhood @tipdoge tip @Doge4water 14000000 may we all drink water. let the wealthy fill your cup.

via web (retweeted on 8:52 AM, Mar 16th, 2014 via web)

@sweetlydrifting My pleasure! Hope we can hang out again soon

via web in reply to sweetlydrifting

@tuurdemeester Shhhhhhhhh we don’t want statists to know that.

via web in reply to tuurdemeester

Good luck to professional image dumper @mikestable w/ today’s nuptials! i.imgur.com/wY4Zt5S.gif i.imgur.com/Dvr1x1e.gif i.imgur.com/3lwUOSV.gif

via web

It’s never a good sign when you come home to find multicolored dotted lines spray painted all over your yard.

via Twitter for Android

@danlowe @Jeremy_DeGroot @pig_poetry The Bank of Bitcoin is open 24/7/365 and there are no lines.

via web in reply to danlowe

@pig_poetry @danlowe Also, avoid them on the bi-weekly payday.

via web in reply to pig_poetry

RT @BillNBing: “You can’t kill an idea” - read to better understand #Bitcoin and why there is so much divide on the subject: http://t.co/jl…

via web

3.141592653589793238462643383279502884197169399375105820974944592307816406286208998628034825342117067982148086513282306647093844609550582231

via web

The opinion of anyone who doesn’t fully understand [Subject X] is irrelevant, regardless of their fame or accolades.

via web

“A number with more than two decimals is not perceived as a price but as a geeky number that you convert to local currency.” - @TamasBlummer

via web

The debate about which units the Bitcoin community should default to has been reignited on the core dev mailing list. i.imgur.com/HcGbAaU.gif

via web

@pig_poetry I just realized that the facial hair you’re sporting on Twitter is the inverse of your real life facial hair.

via web

@pig_poetry You have fallen directly into my trap!

via web in reply to pig_poetry

@NTmoney He doesn’t have to believe in Bitcoin; Bitcoin believes in him.

via web in reply to NTmoney

@pig_poetry That’s like, your opinion, man.

via web in reply to pig_poetry

As you add more engineers to a code review, the time & # of changes needed to achieve consensus asymptotically approaches infinity.

via web

Yet another mass murder in China - proof that China doesn’t have strict enough knife control, amirite? http://t.co/TDRuCA54qW

via web

@mark_a_phelps Did you create a mater branch?

via web in reply to mark_a_phelps

“Economics can be a science. As it is practiced today, it is most definitely not.” @cal_abel http://t.co/AV4dGEni9d

via web

RT @BillNBing: “You can’t kill an idea” — why #Bitcoin has such strong support http://t.co/KzC6ku1XS2 cc @lopp @bradwheeler

via Twitter for Android

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