log☇︎
259000+ entries in 2.041s
khersonus: mircea_popescu: that there have been a large number of scams in bitcoin as a result of the "owner takes all the coins" thinking
benderp: but the best part is how the cell network can't sustain a connection to IRC via anything but JS.
freeroute: mircea_popescu: cool, I'll give them a read.
mircea_popescu: cadmus2 a. well so it'll be a nice bit of memorabilia, by 2025 people will be all "hmm what's a mtgox"
mircea_popescu: <freeroute> there isn't a decentralized CC exchange yet AFAIK << there has been, for years. ot, open transactions.
mircea_popescu: bitcoin is about to rip buffett a new one. what are you talking about.
ThickAsThieves: why wouldnt a reputable issuer use a reputable exchange?
freeroute: well no one stops a service vetting issuers
ThickAsThieves: in the end though youre still quite a slave to the issuer
freeroute: MC is similar to CC but OT is a communication system which can be used on top of MC / CC AFAIK
freeroute: CC doesn't have a ledger AFAIK, it uses BTC ledger
freeroute: putting trust from the hands of people into mathematics is a way of making sure that you can't be screwed by people, which has happened numerous times already.
freeroute: not really a great example since selling pot commercially is still heavily regulated and still not legal, but I do see where you're getting at
Mats_cd03: i would not bet any of my wealth on a best-effort approach
Mats_cd03: i suppose a combined legal and technical approach would be a best-effort case for enforcement
ThickAsThieves: it would just be such that someone breaking a law, would now know so
Mats_cd03: without a centralization authority which the protocol lacks for this purpose
freeroute: in the case of CC, wouldn't it itself be a ledger (or the blockchain itself being a ledger) ?
ThickAsThieves: would anyone providing ledger services to a stock exchange not be regulatable?
freeroute: there isn't a decentralized CC exchange yet AFAIK
ThickAsThieves: is a decentralized stock exchange not able to be regulated?
ThickAsThieves: a decentralized one can't fill all roles
ThickAsThieves: to provide a number of services
ThickAsThieves: you realize a good exchange actually plays a role
freeroute: wasn't there a documentary about a CS guy who found out that stock exchanges (like the NYSE) were basically frauding people?
mircea_popescu: freeroute and yet this is a solved problem in fiat too.
freeroute: WOT can be as centralized or as decentralized as you make it, the trust could all lead to a central authority (or central authorities)
mircea_popescu: were i to decide to split all objects into heavy and light i could fucking tell you whether a breadbox is heavy or light.
mircea_popescu: well then i'd propose you have no idea what you're talking about, if you use a nomenclature that fails to even split the world properly.
freeroute: the point is, that right now we have a distributed asset class / currency protected by cryptography. It shifts trust from centralized models to a distributed one. That could be seen as step 1.
mircea_popescu: twas just a sea of people.
mircea_popescu: communism had a better shot than that.
freeroute: but I do hope that trust will get out of people's hands into the hands of cryptography. Because generally, people are not a good thing, and never were.
freeroute: well yeah at this point I can't see bitbet implementing such a thing because of the nature of the bets (the bets would then be binary and somehow be validated for provably true)
mircea_popescu: you'll always need people. and that's a good thing, because if you didn't the planet'd be pretty darn barren by now.
mircea_popescu: i understand that there's a very strong desire in the socially-challenged for replacing girlfriends with porn, but that's not how finance works.
Mats_cd03: and then you've also created a game theoretic scenario where all involved parties can potentially be robbed
steven-__: what a clown
cazalla: steven-__: he won't attend conferences unless they have a sexual harassment policy in place as well, the guy is a total SJW
mircea_popescu: so what exactly ? if you trust the site to adjudicate, you trust the site to hold the btc. there's nothing meaningful to gain by a separation
mircea_popescu: freeroute apparently the people who make the calls in bitcoin don't give a shit about particular dead horse tropes.
freeroute: yeah, centralized solutions to a decentralized protocol aren't always a good thing
mircea_popescu: there could be an old crack whore chained to a wall in the bathroom, gilt.
mircea_popescu: lol the golden hooker... that sounds like a decent bitcoiner bar.
ozbot: Twitter / aantonop: Planning a podcast on sexism ...
mircea_popescu: i learn a lot from reading reddit
mircea_popescu: "Soooo.... I used a site in november called betsofbitco.in or something like that and i made a couple bets. Both have passed their date and still are awaiting decisions for 3 months now. I should be winning these bets but there seems to be nothing happening. Anyone know if that site is a scam"
mircea_popescu: open market beagles all contain a little shit.
nubbins`: there's a few "don't give money to bitbet, scam, see this link" posts on everything related to bitbet that goes up
joecool: should bring back the "become a fan" button
nubbins`: cbc shares a video of a bunch of porpoises dying in the water near a supply ship that ran aground
nubbins`: a lot of legs of the trail, you need either two cars or you double back. this particular one, you can make a loop of it
nubbins`: joecool: if you're into hiking, the east coast trail from bay bulls to witless bay (and back on the railway bed) is a good one
nubbins`: go on a whale watching tour when you're out there
nubbins`: my brother in law is a kennedy, but he's from habour grace
joecool: lettin us use it for a month
joecool: nubbins`: pleasure, gf's parents own a house there
joecool: nubbins`: never noticed you're newfie, i'll be there for like a month this summer
bitcoinpete: 100 reichsmark would be a full on orgy
mircea_popescu: ThickAsThieves i just didn't imagine anyone'd be doing it. i'm not saying it's a bad idea or anything, just, not what i had imagined.
mircea_popescu: you bet your sweet ass there'd have been a topless jewish girl on the 2 mark piece
nubbins`: like putting a jew on the deutsche mark in the 1940s
nubbins`: which is, itself, a bit of a lel
nubbins`: kind of a shit design too
nubbins`: that's not a bad idea
nubbins`: and there's a sharp ridge by the fatter part
nubbins`: seriously, the edge isn't even a uniform thickness
nubbins`: wondering if that's a common thing
nubbins`: i just took a gold buffalo out of the packaging
bitcoinpete: a little
mircea_popescu: btw guise : where to find people to make fiat related website for me? thanks. I want to build a website absolutely similar to obamacare.
mircea_popescu: seems tat created a... beast ?
Hirethestache: Is there a bitbet authy here?
Apocalyptic: <tianrui81317> I want to build a website absolutely similar to bitbet
mircea_popescu: Mircea Popescu Yes well, I once asked a married woman to my hotel room. She said no and yet showed up.
mircea_popescu: Ansgar John @ErikVoorhees @WarrenBuffett @Mircea_Popescu a year is a much too short amount of time to say much. Bet him 15 years and he might take it.
Mats_cd03: i'll perforate your hands for a small fee
ThickAsThieves: mine even has a better headline!
Mats_cd03: i feel thats a missed pr opportunity
Mats_cd03: i didnt realize until i read the trilema post that the brk-a bet originated from mp
ThickAsThieves: after that pumper was here this morning claming CBTC would double in value, they issue a report saying they lost money
Mats_cd03: and occasionally having your wages garnished by things like the brk-a bet or slot machines because youre too stubborn to understand probabilities
ThickAsThieves: Is it caused by the acquisition of bit777 etc. or is this a mistake?"
ThickAsThieves: they see it like a scratcher
ThickAsThieves: a great phenomenon of this bet, is people thinking like him
Mats_cd03: dont grace that with a response, he cant be so dumb as to share a simplistic thought like that
ThickAsThieves: when a bet is 1000:1
Mats_cd03: why dont you make a small wager against every large bet then
sheldonthomas: Isn't it advantageous to make small bets against large ones on bitbet, since regardless of what you believe the odds are, you are splitting a larger winning pool from the other side
joecool: it's a fake
gribble: Error: The command "get" is available in the Dunno, Herald, and Topic plugins. Please specify the plugin whose command you wish to call by using its name as a command before "get".
thestringpuller: ThickAsThieves is a n00b with da cryptos
sheldonthomas: hey mircea where do i register a new keypair
gribble: (book <thing>) -- Get a list of open orders for <thing>. Web view: http://bitcoin-otc.com/vieworderbook.php
mircea_popescu: basically it's a graph walker. as you're unconnected all your results will be 0 0 0
KRS-1: whoa a sista
mircea_popescu: dude how come every single obnoxious bitch out there imagines she's entitled to misrepresent her broken mental processes as "a problem of women everywhere" ?
mircea_popescu: no this is a different one.
mircea_popescu: has it been started 2 weeks ago through lying on a common bank application, all constructed on the basis of some material a website mailed you ?
mircea_popescu: so guise, we need to sit together and come up with a strategy to attract more dudes who don't know who they are but suspect it may be ceo in this thing of ours.