log☇︎
266500+ entries in 1.598s
samson_: I think it would be an evolution on current uses of blockchains without going down the whole coloured coins route
ThickAsThieves: i'm saying you shouldnt
samson_: This is true, I'm not saying it's simple
ThickAsThieves: me for example, you think i would manage a ledger system for free?
ThickAsThieves: hordes of ingoramuses asking what is a labcoin and how do i get them?
Jere_Jones: I admit that I, at one time or another, owned shares of both.
samson_: I guess my take on it is the shares could do with decentralisation, not so much the exchanges.
samson_: If anyone can create a security then I don't see the big deal. The approval process would happen automatically if people started trading them for Bitcoin. Take these new alt currencies which appear to be created daily - they're not all traded on exchanges hence they're not 'approved'. They still exist but that is irrelevant.
jborkl: Who would approve- dissaprove securities - The only person I have seen competent in theis matter already has an exchange
mircea_popescu: http://trilema.com/2013/and-now-i-shall-be-off-scarfing-smoked-salmon-and-fresh-apple-pie-seasoned-with-free-market-tears-or-why-a-collection-of-confused-retards-does-not-amount-to-a-free-market/
ThickAsThieves: "I think decentralized is the only way to go as this will happen to any other centralized exchange. Looking into the Namecoin code to create a decentralized exchanged. As was said above it can be merged mined with Bitcoin. We could uses our own miners to get it going." Ken Slaughter
jurov: er... i mean.. fuck it
jurov: i understood it the opposite way
jurov: so to what you said "true" then? i'm confused
jurov: i dont undersstand, how it can work? i mean, how it protects said comapny from SEC?
ThickAsThieves: i'm not inclined to find out :)
pankkake: I'm not well versed in trade engines, but I don't see how you could execute them in a decentralized way
ThickAsThieves: although i guess no one would care much
ThickAsThieves: circling back to, i'd love to see blog article from mp that supported what ive just described
pankkake: I hereby decentralize ThickAsThieves
mircea_popescu: and now i shall be off scarfing smoked salmon and fresh apple pie seasoned with free market tears. bbs.
ThickAsThieves: i see the securities market as an ideal system involving 4 major parties
ThickAsThieves: i simply believe any such pursuit is a waste of time
mircea_popescu: i meant as a pure concept. could such a thing be conceived
mircea_popescu: not what i meant
ThickAsThieves: i despise the whole idea
mircea_popescu: i mean other than "Well different implementations of the same concept"
ThickAsThieves: what i mean is
ThickAsThieves: i see another conversation is happening sorry
mircea_popescu: i dunno how it can be made clearer. "free market" indeed.
ThickAsThieves: i'd argue the concept itself is a unicorn
skinnkavaj: jurov: Exactly what i said but in other words
jurov: skinnkavaj: i have seen myself some offers on freelancer "build me a bitcoin exchange", they were obviously clueless on first read
mod6: ThickAsThieves: http://trilema.com/2013/why-i-nixed-p2p-colored-coins-and-all-that-jazz/
skinnkavaj: mircea_popescu: Did you respond to my comment i just made in neobee thread?
pankkake: "I'm posting my idea here since it hasn't gotten much attention in the Project Development forum (0 replies)"
ThickAsThieves: i started actually responding and making points, but it doesn't help of course
pankkake: "i suspect it's quite possible none of the recent kids ever got to use desktops and simply don't know the glory of comfort." yup
mircea_popescu: i suppose i'll have to write the book now.
mircea_popescu: i meant ergonomics! i swear!
mircea_popescu: i suspect it's quite possible none of the recent kids ever got to use desktops and simply don't know the glory of comfort.
mircea_popescu: anyway. mebbe it works out for you, but i'd keep on toes.
mircea_popescu: lol. im sorry, but i have to rely on reams of intel. i can't personalyl know everyone.
davout: i'm not sure they know about the lemon party
mircea_popescu: who you working with ? i forget
jurov: i'm waiting almost a week
davout: i'm off, gonna build my mini GPG keychain with a raspberry pi and a betamax casing
davout: i see
mircea_popescu: well i can't find it. somewhere phil zimmermann was saying that people still send him pgp encrypted email but he long since doesn't have the key so he usually responds to ask ppl to send it plainly
davout: i'm just saying you're forgetting the main point of the revocation cert (in this specific context) in your answer
davout: nah, i never hate :-)
mircea_popescu: "and i hate you now"
davout: i concur when you say the fact the private key is never exported is a feature
davout: so i was reading your reply
pankkake: http://trilema.com/2013/snsa-first-product-the-cardano/#comment-95493 +1 especially the revocation certificate, which I forgot existed (though I have mine somewhere…)
b0n1: well... i think im gonna read that up
b0n1: you said he was lucky so i suppose that he should have lost, but won instead
Vexual: i dont think they liked the taste
b0n1: no, just-dice i mean
Vexual: cool, i like maths too
b0n1: Vexual, why 5 years? There are so much bets going on atm, i dont think the frame will be that huge
Vexual: while the minimum bet is so far from th maxmum bet so unlike all traditional casinos that are a business, i don't see any success for jsust diice in any kind of time fram relevant to bitcoin
Vexual: i know
Vexual: yes that why i dont do it too oft
Namworld: I left. -27 BTC
pankkake: yes, I have no reason to divest
b0n1: pankkake, I just saw your forum post, you are still in?
Vexual: i made 0 bitcoin today, but i drank so much vodka
Vexual: i had one with a cherry sauce, so good it was naughty
Vexual: as for better i cant say, my sweet tooth is non existant. i eat meat
Vexual: good mix, i was justy playing aphrodite
pankkake: no, I have the ideal BMI I guess
Vexual: i guarantee mp dont pay
Vexual: i wont say hisdayjob
pankkake: I'm coming then!
pankkake: it's arguably closer to dnb, like most *step I enjoy
Vexual: is this dubstep? i like it
Diablo-D3: not that I would consider dubstep actually music, mind you
Vexual: i get in free becasue i can make the sun explode
pankkake: I wish! I have a government :(
KRS-: like i'd want to pick on him if he were around..he's odd.
pankkake: though I won't deny brostep is a guilty pleasure of mine
Vexual: play some more i like that dubstep
pankkake: I fail to understand what is going on
jaj_: sorry I meant ASICminer
jaj_: how do I buy active mining right now?
KRS-: lol true i guess never thought about it haha
Vexual: i remember something an old italian man told me, ingenious, i have to poke it in with a stick
mircea_popescu: which suggests a great line to me : whenever someone wants to featurecreep me, i shall go "we're doing a cardan joint not a thomson coupling here"
asciilifeform: but I first learned of him because of 'Cardano's Grille'
mircea_popescu: i have no idea what's going on...
Vexual: i must have really skimmed wikipedia that time
Vexual: the name of the guy, who your gpg key is named after, whos name i forget becuase i didn't know of him before
Vexual: if i may suggest, a bearded italian
Vexual: i mean logo for beardy italian gpg stick
nubbins`: y'know, i think everything but the delay could be worked around
pankkake: from what I see, this is going the way of the decentralized facebook
nubbins`: i'm assuming you keep records of who owns what? suppose you didn't have to
nubbins`: mpex servers melt tomorrow, no trading; i can still send a dust tx to transfer my colored address shares
pankkake: I'm still waiting for any technical insight on colored coins, so far I only see circlejerks (like the reddit shirt fundraiser)