Adlai: 'want' is a strong word. i'm suggesting it as a possibility, to an intrepid [General] Manager

Adlai: another possible initial step for a cautious financier: pilot MPIF profit center

Adlai has started to think of pruning in a different manner - rather than reclaiming hard disk space, 'pruning' just means you can provably flush certain transactions from various caches. it's a time/space optimization, not a change of the glob's outward behavior

Adlai: which is exactly why spying shouldn't be automated. maybe there's a situation where a person feels justified listening in on a conversation without explicit permission, but that call shouldn't be made in advance by a bureaucrat for every single conversation unto eternity

Adlai: also, i'm not yet a Serenissima Accreddited™ Investor, and that kind of coin isn't exactly burning holes in my wallet; so if this is to happen before the next major fiat devaluation...

Adlai: another reason to work with a financier is that it opens up the door for exchange presence in the wot

Adlai: in case it fell between the cracks - i'm always interested in 'alpha testers', especially if they see it as a service rather than a freebie that a sucker on irc will walk them through for his own warm fuzzies

Adlai: overhead compared to having a collaborator handle financing (of both forms), leaving me to focus on scalpl itself

Adlai: in a sense, it's currently offered as a service for some fee - my time in dealing with your (not personally anybody in this channel) bullshit

Adlai: sure, each bond can be a separate contract between a financier and the exchange

Adlai: is that a problem, or just an artefact of market segmentation?

Adlai: i guess you don't even need shares if it's bonded in this manner, it can just be a bond directly between the exchange owner and depositors

Adlai: by structure as a bond, you mean - anybody deposits the amount they want, and has p/l tracked (and dividends paid) for that amount?

Adlai: although this is flexible, and it could make sense to establish a minimum stake for alignment of interests

Adlai: also, for my own psychological reasons at this phase in my life, i'd rather get a carpenter's salary than equity in the furniture shop

Adlai: i'd rather the accounts belong to the financier(s). they lend reputation - people trust them not to run off more than they'd trust me, and they lend their credibility to account statements. my role would be setting up scalpl, possibly maintenance, analysis, development - but on a case by case basis, as seen fit by the financier(s) and/or shareholders

Adlai: there are a bunch of variables in this arrangement, such as - who has what control of which accounts

Adlai: a scalpl-managed fund, where investors could add or withdraw bitcoin in a manner similar to how X.EUR handles settlements

Adlai seeks a wot financier. inquiries welcome in private or public, whichever is preferred. ☟︎

Adlai: so in the pre-bitcoin economy, entrepeneurs sought financiers. what do you call a well-capitalized wot presence that lends its credibility to a bitcoin venture?

Adlai: the eradication of a disease doesn't signal the end of medicine, just a change of "tastes". same for art's prescriptions

Adlai: it never makes killings or gets kinda murdered, it just creeps along. sometimes it bleeds a little from the ears when the volume gets too loud.

Adlai: yeah it doesn't make much sense because it's a stupid pursuit, i'm hunting out floating point arithmetic now that scalpl needs to quack a little less like a prototype

Adlai: i wasn't bringing this up as "look at coinbase, they're doing something!", but as "maybe i can help your thing do its stuff better" (setting aside the bit about deedbot doubling as a faucet, which works fine in the current method)

Adlai: so it's spendable (by the earliest bird!), but it's still a tiny amount. this is like leaving a beggar individual pennies, more insulting than anything else

Adlai: here's a shorter explanation of the technique: https://mathgate.info/promechard.php

Adlai: trinque, mircea_popescu, have you had a look yet at https://bitcointalk.org/index.php?topic=411974.0 ? (at worst, this would just save some money)