asciilifeform: notice how gateways which potentially convert cc-usd to benjie-usd (e.g., 'paypal', 'square', the 1,001 spampaypals) tend to have ~very~ fascist controls)
asciilifeform: as a student i once tried to put tuition on a cc (to claim the 'reward pts' naturally) and even this caused grumbling
asciilifeform: so a few schmucks bought'em, then deposited, paid the cc bill, and pocketed the 1-5% 'reward points'
asciilifeform: at one point, iirc, the usa mint 'sold' coins using cc
asciilifeform: folks have built, briefly, 'arse-mouth systems' in the past:
asciilifeform finds the politics of creditcardism interesting because it is one of the places where bezzle meets actual physical reality, and the interface between the two produces some lulzy effects
asciilifeform thought that sucking ~in~ the car, literally, was a thing impoverished usians did
asciilifeform: same way other stolen cars are disposed of.
asciilifeform: 'ach' is a kind of faux 'wire' we have in usaschwitz☟︎
asciilifeform: and yes, anything that is not bolted down, will be stolen. and whatever ~is~ bolted down, will be sawed off
asciilifeform: (which would in effect be a zero-interest loan and 'nobody wants this!!1111')
asciilifeform: the separation between 'chargebackable' usd and the proper kind on cc is older than bitcoin, and originally existed to keep schmucks from paying off one card with another
asciilifeform: rather it'll be something like 'buy mercedes on credit in usd, sell for btc to some idiot'
asciilifeform: (at least not in the form they exist on this side of the atlantic)
asciilifeform: which was that the cards simply happen not to be the vehicle for said emptying.
asciilifeform: mircea_popescu: i know that the 'official' price is a fiction. but this was not the evidence for my hypothesis.
asciilifeform: 'Mike Morell, former deputy director of the Central Intelligence Agency, opened the door for more fighting about encryption by stating that a public debate was needed. "We have in a sense had a public debate. That -- that debate was defined by Edward Snowden, right, and the concern about privacy. I think we're now going to have another debate about that. It's going to be defined by what happened in Paris," he said.' <<< ahahah
asciilifeform: for mircea_popescu buying 100,000 btc for swiss franks - price is something else, yes.
asciilifeform: the credit limit for these is typically much lower than the card's 'proper' one
asciilifeform: aha but it counts as 'cash forward' in usa
asciilifeform: not because schmucks will run to antarctica, but - elementarily - because anyone running cc for coin gets buried under an ocean of carders and the inevitable chargebacks
asciilifeform: perhaps i can put it in the garden as compost or something
asciilifeform: 'In a story by the New York Times, later removed without explanation [archive], the situation in Paris was used to reignite the encryption debate.' << l0lz
asciilifeform: or does it have to be on the red square, publicly, with cameras rolling and anthems playing.
asciilifeform: earnest orcs aren't a neutron bomb, they don't do 'clear', they leave behind writhing mess of breeding scum and 'international komyooonitiiii' charitycase
