ThickAsThieves: (wifi)

ThickAsThieves: didnt google cars go around pretty much port scanning entire nations?

ThickAsThieves: to play devil's advocate, why wouldn't MPEx use a decentralized system to manage its issuances, assuming things like orderbook delays were not a problem?

ThickAsThieves: if they want to lose trust

ThickAsThieves: well technically the terms are alterable

ThickAsThieves: it is what it is

ThickAsThieves: had no obligations

ThickAsThieves: bitcoin makes no claims

ThickAsThieves: bitcoin is not comparable to stock issuance

ThickAsThieves: that you cant trust them?

ThickAsThieves: the CC system will be riddled with scams and issuers no one else would have

ThickAsThieves: why wouldnt a reputable issuer use a reputable exchange?

ThickAsThieves: this is how it unfolds

ThickAsThieves: compare mpex and cryptostocks

ThickAsThieves: well you want to rmeove the exchange right?

ThickAsThieves: its*

ThickAsThieves: an exchange has an incentive to vet it's issuers

ThickAsThieves: in the end though youre still quite a slave to the issuer

ThickAsThieves: as i understood decentralized systems, they utilize new ledgers, maintained by servers

ThickAsThieves: i may be mixing OT and MasterCoin in here

ThickAsThieves: what maintains updated listings?

ThickAsThieves: what parses it?

ThickAsThieves: something manages the metadata no?

ThickAsThieves: what if they wait 9mos til everyone gets comfortable and fuck everyone over?

ThickAsThieves: what if ghash.io manages 80% of the CC ledger?

ThickAsThieves: same for Mastercoin etc

ThickAsThieves: do you know how decentralized it really is?

ThickAsThieves: are you gonna go through the CC code?

ThickAsThieves: how's that for trust?

ThickAsThieves: for all we know it's majorly flawed and the people that know choose to just bank off it

ThickAsThieves: hell, 99.9% of the people never even vetted the code

ThickAsThieves: you can't

ThickAsThieves: so why the effort to remove trust from the equation?

ThickAsThieves: the world turns

ThickAsThieves: yet people live in every country

ThickAsThieves: all the world is international, yet every country has different laws

ThickAsThieves: it doesnt matter

ThickAsThieves: people keep jumping to these yeah but it's international arguments

ThickAsThieves: Amsterdam*

ThickAsThieves: etc

ThickAsThieves: you wanna sell pot, move to Amesterdam

ThickAsThieves: well same for all laws right?

ThickAsThieves: i think it can be for the most part

ThickAsThieves: i'm on the fence

ThickAsThieves: regulating bitcoin

ThickAsThieves: of course people here would disagree this is even possible

ThickAsThieves: it would just be such that someone breaking a law, would now know so

ThickAsThieves: doesnt have to be easy to catch someone

ThickAsThieves: maybe ASICMINER grunt whistleblows in 2017

ThickAsThieves: doesnt stop them from existing

ThickAsThieves: well many laws are trivial to circumvent

ThickAsThieves: they are hauled in

ThickAsThieves: someone is caught doing it, for example

ThickAsThieves: well

ThickAsThieves: not applied, enforced

ThickAsThieves: regulating that no miner may have more than XX% of the network power is not an absurd notion

ThickAsThieves: in regards to btc at least

ThickAsThieves: and consumer protection

ThickAsThieves: money laundering

ThickAsThieves: the USG for example cares most about two things

ThickAsThieves: and likely will eventually

ThickAsThieves: miners could come under it

ThickAsThieves: BTC's regulatory future is not finalized yknow

ThickAsThieves: (I realize this leads to arguments on bitcoin's susceptibility to regulation)

ThickAsThieves: would anyone providing ledger services to a stock exchange not be regulatable?

ThickAsThieves: is a decentralized stock exchange not able to be regulated?

ThickAsThieves: even then, don't most of these decentralized exchanges lean on less than 10 points of trust?

ThickAsThieves: it can only automate

ThickAsThieves: a decentralized one can't fill all roles

ThickAsThieves: to the issuers, to regulators, to traders

ThickAsThieves: to provide a number of services

ThickAsThieves: you realize a good exchange actually plays a role

ThickAsThieves: you can't remove people from the system

ThickAsThieves: lol

ThickAsThieves: you can protect issuers from regulators?

ThickAsThieves: to what?

ThickAsThieves: you claimed resilience

ThickAsThieves: from what?

ThickAsThieves: humanless systems

ThickAsThieves: does it?

ThickAsThieves: what does it do again?

ThickAsThieves: tell me how

ThickAsThieves: interesting

ThickAsThieves: freeroute, so decentralized protects people from scammers?

ThickAsThieves: anyone know the best bitcoin wallet for debian? I'm having trouble getting one to install

ThickAsThieves: <mircea_popescu> i'm really blown away by the yes bets. /// why's that?

ThickAsThieves: sad that in order to be jesus one must sell their soul

ThickAsThieves: i'd need to start preaching and using words like community, decentralization, and such

ThickAsThieves: sadly thats not enough these days

ThickAsThieves: and jesushood

ThickAsThieves: i guess i need to work on my brand

ThickAsThieves: mine even has a better headline!

ThickAsThieves: which boggles my mind

ThickAsThieves: the originating reddit link points to mp's blog

ThickAsThieves: he posts about the bet and elaborates, and people still think it's erik...

ThickAsThieves: i assumed immediately

ThickAsThieves: seriously?

ThickAsThieves: zero risk!

ThickAsThieves: "Hence why the bet is in bitcoins - zero risk for the better and something only an idiot would participate in. I'm sure buffet's seen this one before but most of the morons on this subreddit have not."

ThickAsThieves: i'm offended that erik's reddit thread on the bet gets more shine than mine :(