272200+ entries in 1.996s
Duffer1: "Sollars is private, its distributed, and its privately distributed with no central points of failure BUT
a central point of value and accountability (our company & community)"
pankkake: "Further more there is no company behind Sollar Bonds. As stated it is an Open-Sourced Dac with
a Social Contract attached to each bond. Google social contract. Sollar Bonds is not
a company it is
a DAC-DAO."
mircea_popescu: tomorrow btc goes to 10k. now your share yields .01 BTC
a week, thus is worth 1/10 what it was.
mircea_popescu: your share yields .1 BTC
a week, and thus is worth w/e .1 * riskfreerate comes to.
mircea_popescu: KRS1 you have 1 btc. you invest it. company trades it for 100 dollars, buys
a hooker. the hooker makes 10 dollars
a week.
mircea_popescu: kakobrekla there is however
a guarantee
a third party can't establish they're your coins.
KRS1: If I'm an investor in
a company using bitcoin and the day after my investment, bitcoin market price shoots upward and remains high, it kind of sucks I'm still investor X having invested only btc $Y.
pankkake: and it was on
a more generic one
benkay: also an interesting note: the oldest posts on the securities forum on bitcointalk are from like march. was there
a db restore in which btctalk dropped all date information or something?
pankkake: if you invest in
a bitcoin company, somehow you're also thinking bitcoin will do well, right?
mircea_popescu: this is ultimately
a problem of btc, of course, but still. financial analysis is what it is.
KRS1: In reference to "You Can Raise It But You Can't Spend It". Whats wrong with
a company sticking to their business plan, soliciting for $X amount of funds, receiving it in bitcoin, converting it to fiat? Then the proper execution of the business plan can take place with the investment model of using bitcoins for funding. If the value of bitcoins goes up or down, it does not matter. The
mircea_popescu: yes dude, and if we don't recall
a fucking name we just sit here hashing letters like idjits
pankkake: this adds
a procrastination layer
mike_c: this practically is
a complete list of current:
mircea_popescu: well obviously
a pankkake-style list isn't too helpful
benkay: what, is this
a list or
a review of each individual scam!?
mircea_popescu: benkay no, srlsly, it's
a great thing to do, if it's complete.
mircea_popescu:
a review of the complete count of all bitcoin companies to date, and their spending patters may reveal that this is like ... the only 2 out of about 300 to do this.
benkay: ah well there is
a mistake in there isn't it - the way i understand the selection to work is that an exercise hits everyone who underwrote proportionately to the fraction of outstanding contracts that they wrote
kakobrekla: the, the customs will be like "dude, i won the bet but you paid less than i sent, come with me for
a sec"
kakobrekla: cause he still has
a fart worth of sanity left.
mircea_popescu: jurov you know, about once
a meeting the idea surfaces that "we shouild just film this. itcould be
a movie"
mike_c: it took mysterious other parties to convince him there was
a point.
mircea_popescu: but it really went downhill once he actually had
a point
mircea_popescu: jurov it all started with mike_c being
a little bitch.
mike_c: thanks for link jurov. good post, i will be bookmarking for the six times
a week i forget how to calculate the profit on those.
mircea_popescu: this is
a point, no large dice site crashed and burned so far.
jurov: benkay: where did you get this from? Writing options and providing the required collateral puts those options into the pool from which
a counterparty is randomly selected during an exercise event.
kakobrekla: well, if you picked your exchanges at random, theres
a good chance one of them would still be online, makes you think if you went for the shittiest deliberately
Duffer1: he should hook me up with
a couple btc
kakobrekla: >That Lambo is not really
a significant part of my investment portfolio. I did it when I did cuz of Greenspan saying he could not see any "intrinsic value" in BTC. So I was like fuck it, people don't care about intrinsic value, they care about shit like Lambos. Did it for the PR.
mircea_popescu: one fine day they'll hold
a vote about whether you should pay for it anyway
mircea_popescu: ain't working with responsible, competent people
a fucking blessing.
kakobrekla: at least they know what
a bitcoin address is.
ThickAsThieves: about
a third of people I require to sign messages with their wallet for ID, don't send the message, only the sig
mircea_popescu: and then try to leech some more money off of it by writing
a book about what an asshole he was for THAT stretch of his life.
mircea_popescu: ThickAsThieves yeah, and if satan gives him
a scholarship next he's gonna spend
a year or two warming tar.
mircea_popescu: mike_c obviously.
a ton and
a half lithium battery is
a fucking hazard of the 1st degree
mike_c: re: telsa fire. this video caused
a stir stateside
a few months ago:
mircea_popescu: you know what ? it came out at nurnberg that most of the nazis working for the jew extermination agencies were trying to do
a good job.
mircea_popescu: "It was just
a temporary thing, I told myself—side income for
a year or two as I worked toward
a degree in creative writing. It wasn’t like
a recession would come along and lock me into the job or anything." i wonder how many losers currently are hiding this from themselves with the pretense to "creative writing" aspirations.
mircea_popescu: you could solve the retirement problem. just give everyone
a tesla rv with hashing gear.
jurov: they ran
a film document, one tesla coil with live demonstration and few artifacts
jurov: yes, only
a small house
KRS1: and at your command go fuck up
a group of thugs who insulted yo mama
KRS1: who can run 60 mph and still romance you with
a delicious dinner
KRS1: how about
a realdoll robot with nice legs
benkay: i just want
a robot that follows me to the grocery store and back
☟︎ ozbot: RAPIRO: The cool robot you always wanted as
a kid - YouTube
ozbot: RAPIRO: The cool robot you always wanted as
a kid on Vimeo
mike_c: yeah, cross-compiling early is usually
a good idea. especially when you get other people to do it.
mircea_popescu: someone else wanted to do
a platform compile, or actually i think multiple people.
deadweasel: nice, thx, i'm gonna try it for
a bit.
pankkake: screen has
a bug and can't handle utf-8 with too many bytes
mircea_popescu: it takes
a retarded ny bureaucrat to generate the real good kludge
kakobrekla: i dont give
a fuck for your phuny chars
mircea_popescu: way the fuck easier to do in
a small country with
a coherent culture, too.
mircea_popescu: just as long as you have
a point, offending idiots is actually
a net positive for you.
jurov: often i imagine myself in
a public dispute
jurov: fuck i could have been
a star of hearing disability HGO, run for MP, etc. I really was in national TV 2 times.
mircea_popescu: make them copy down your party programme by hand for
a week.
wao-ender: .. when I knew, he is second time premier, I knew best exit from politics is to be just two times president in
a row.
mircea_popescu: because by 2018 it will be all "hello I'm Herp McDerp, I have 0.059876 btc in
a webwallet, let me tell you all about Bitcoin"
mircea_popescu: hit it before some other fuckwit piggybacks on the name without any credential or
a clue.
jurov: the problem is, it's very hard to get activists with half
a brain here
mircea_popescu: easy way to be fucking sensible, to counterbalance all the idiots speaking for bitcoin as if they had
a clue
mircea_popescu: apparently slovakia has
a "Ordinary People and Independent Personalities" party.
mircea_popescu: once i fell with my car into the snow, had to have it pulled out my
a military truck
mircea_popescu: i can take
a shot out the window if you want, but basically it just snowed enough to be cute