128400+ entries in 0.038s
mircea_popescu: you should have seen the 2010-2011 interations of pointless&witless in action
mircea_popescu: guy was pretty epic, in fairness. teh roger stone quotes, nov vs july 2009 totally make the pie.
mircea_popescu: what a crazy world, where idiots have billions to give to scammers.
mircea_popescu: anyway - since crypto governance interests you : bitbet was a reasonably productive bitcoin crop that split up over disputes inside management, was declared insolvent, had syndic appointed, was liquidated and the whole process was closed. it was a) an ad-hoc process and b) done within 6 weeks.
mircea_popescu is curious what mr hinkes will think once he gets through the logs to the bitbet receivership process.
mircea_popescu: heh. bitcoin is going to the following place : i'll be electing the us president long after nobody remembers what an us dollar used to be.
mircea_popescu: their mistaken politico hope that "it'll end bitcoin" will require blood to wash off.
mircea_popescu: if they paid attention when they should have they'd have busted pirate when i said to in 2012, not waited for years on the case.
mircea_popescu: oh, right, there's also a whole pile of claims re insider trading, manipulation etc over the "price" of "ethereum" at kraken and poloniex.
☟︎ mircea_popescu: sure, i don't mean "title to sue" i mean title as in property
mircea_popescu: anyway. there is no such thing as "actual rights" here, nor even as much as title. nobody has title to any cryptocurrency.
mircea_popescu: this is one of those million-dollar-opportunities, which i hear are getting rarer and rarer in an ever more crowded lawyer market.
mircea_popescu: but this is not a restaurant. if you decide to break into the democratic convention while sitting in nixon's white house, guess what.
mircea_popescu: in point of fact, ethereum happened in the mit media lab.
mircea_popescu: not going to. the factual matter will have to be established somehow. you allege they did, they allege they didn't. so it's a dispute.
mircea_popescu: the allegation has to be established by trier of fact, ie, jury.
mircea_popescu: tortious interference. they provided the office space where the decision was made and allegedly "forced the participants to decide"
mircea_popescu: anyway, no way mit senior counsel ever allows this anywhere near a trial ; which is why it's fine settle fodder if you're looking to feed yourself.
mircea_popescu: and if mit doesn't distance itself from it post haste, it's definitely open to a tort, which... you know, judge awards a billion, of which 0.1% mit's responsibility. so they have TO PAY THRE WHOLE BILLION
mircea_popescu: ~anyone holding as much as a farthing "worth" of ethereum presently has overhead the possible claim here discussed, with its treble damages and whatnot.
mircea_popescu: shinohai this means that the derps are in the worst case of all : all the damage of their "hard fork" is now baked in but nevertheless none of the things they hoped it would achieve were achieved.
mircea_popescu: no argument there. all i'm saying is that even if the latter were ordered, it'd still not work.
mircea_popescu: ie, even if the judge orders "to reverse the fork" the only practical implementation is a liquidation in cash.
mircea_popescu: also, there's exactly no difference between cash damages and reversing the fork.
mircea_popescu: no, actually, im in the business of destroying the us.
mircea_popescu: interviewee you can't be this naive. "a blockchain" ? you sue mit, the hedge fund.
mircea_popescu: motion to dismiss you worry about after they reject early settlement. if they do.
mircea_popescu: wouldn't be the first time someone files something that's then dismissed.
mircea_popescu: standing only comes at proceeding time. litigation starts with filing.
mircea_popescu: next q being, are you actually trying to position yourself to litigate this, or just blogging about it ?
mircea_popescu: do consider making a pgp key and registering it with deedbot
mircea_popescu: interviewee the question to you is still, concretely, which lawyer are you ? otherwise the situation here is indistinguishable from "bored redditor clicked a webirc link"
mircea_popescu: us judges are notorious for poor judgement and arbitrary rulings.
mircea_popescu: financially, it's toxic, for this reason. nobody sane will get involved in it, which is the point.
mircea_popescu: the actual legal standing is not established. it's one of those things that are a huge pile of nonsense a judge will have to cut through.
☟︎ mircea_popescu:
http://btcbase.org/log/2016-07-22#1508816 << only now it dawns on me you prolly meant the fingretrapped chick ? how the fuck are you going to judge her performance without the cock stuffing ? it's like proposing to buy a car in a closed bag wtf. you do go for drive tests neh ? same thing here, the fucking point is that random derp can't fingertrap worth a shit.
☝︎ mircea_popescu: how the fuck do they do it, it's like the luser is wired, genetically predisposed to luserdom.
mircea_popescu: in other news, peeled bitter orange (proper peeled, everything off, harem style) in an old fashioned glass, covered with vermouth.