273800+ entries in 0.12s
mircea_popescu: if its any good, you crack it against a large marble slab.
mircea_popescu: by looking at what scammers claim as part of their scamtext, you can guess what the general sea of idiots imagines is going on.
mircea_popescu: well what is this "all history shows property X so therefore future will too" ?
mircea_popescu: this is like saying all naming conventions are the same to zooko's triangle.
mircea_popescu: mostly because (blessfully) representation is toothless upon reality.
mircea_popescu: choice of words is a poor simile for choice of action.
mircea_popescu: gernika on a more serious note, this is a problem familiar from game design. you can either have choice or stability, not both. systems that are to any degree stable only achieve this stability by denying choice correspondingly.
mircea_popescu: then that's anti-rape. rape seems to be this thing where you think you have no options at first, then later you realise that you did so you go and denounce the fucker.
mircea_popescu: bounce nah, see, most recend attempt at ddosing qntra used a large number of broken-into websites.
mircea_popescu: "o hey, you're part of a contract you enver signed lol!"
mircea_popescu: which is why the entire democratic blabla about "social contracts" and whatnot is so laughable.
mircea_popescu: HOWEVER it is not a stable solution. because wasteful, fundamentally.
mircea_popescu: this wasteful system has actually been implemented in practice, it's what victorian england was all about
mircea_popescu: now, fucking could consist of the girl getting another cock and the guy getting another cunt to sit and watch them while they do it.
mircea_popescu: so, in any practical situaiton, a solution that relies on trust will outperform a solution that relies on expenditure.
mircea_popescu: now, in this comic, trudy cooper makes the excellent point that resources are scarce, whereas trust cheap.
mircea_popescu: gernika let me illustrate the problem of trust and the limits of the universe to you with a risque comic.
mircea_popescu: that's why international trade happens on the basis of locs and so forth.
mircea_popescu: are you aware that trade as-is is credit-supported so people don't actually need to put up even the actual value of the items ?
mircea_popescu: no, it can not, because you can't multisig dollars, or bars of gold.
mircea_popescu: the problem are all the edge cases. did you catch that discussion in the logs, as to what localbitcoins is vulnerable to ?
mircea_popescu: anyway! this is how services such as localbitcoins work.
mircea_popescu: right. that's how escrow actually works. "come back when you agree"
mircea_popescu: if that's what you mean best call it escrow, because the bitcoin crowd (esp here) is highly technical and the nash reference sends people mentally exploring large swaths of math theory.
mircea_popescu: i seriously think that comic pretty much illustrates the mental process of the libertard us female. she has a little girl that grows up to be a man
mircea_popescu: gernika it seems to me the wot is already generating it's own equilibrium, not clear to me what you mean by "nash equilibrium based exchange"
mircea_popescu: mats_cd03 in fairness, i dun think it's sluttiness, i think its simple use. you should see the chicks here, it rained two days ago, it was like... i dunno, 18 instead of 23 celsisus ? COATS! shivering! everyone destroyed omg it's so cold.
mircea_popescu: because in practical terms, they DO have no ratings, for that level.
mircea_popescu: gernika the situation being exactly equivalent to when they first joined the wot, had no ratings.
mircea_popescu: gernika exaclty, and in wot-terms he makes a trust donation to the wot and to his partner.
mircea_popescu: isn't it fucking cold in east fucking anglia, nov 1st ?
mircea_popescu: they HAVE TO BE frauds, pure and simple, there's no logical alternative.
mircea_popescu: which is why people who pretend to trade but aren't in the wot, and ESPECIALLY people who pretend to raise capital/issue equity but have no experience whatsoever are suspect.
mircea_popescu: gernika well, one could put the time in to build himself and steal some, but the idea is that he wouldn't really manage to steal more than what not stealing is worth on a discouinted basis for him.
mircea_popescu: you mean lolis as in freshman, 19yo womenz mats_cd03 ?!
mircea_popescu: basically you're saying "if people weren't using the wot how could their actions not impact the wot'. well... they already don't.
mircea_popescu: gernika the case you're proposing is already out of scope, because the wot is intended to be used with middle transactions. so if alice trades 100 btc a month for two years, trusting alice with 200 in one go is okay. trusting her with 5k is absurd,
mircea_popescu: so they offer this service, "drop off your kids for an afternoon and get five double cheeseburger mchappy meals"
mircea_popescu: you don't understand how thw world works. "mom" would like a place to drop off the kid while she does "other things". (no, i don't mean fucking. if only. i mean going around shitty clothes shops in the mall and feeling each individual item buyt not buying anything, then hitting the food court)
mircea_popescu: "I would like to inform anybody involved in this kinda thing, that there's a maximum penalty of $100,000, one-year in jail, or both," Phil Bradford, an FCC spokesman, told a reporter the following day." << also appears on two spots on the interwebs. vice.com and b-a logs. thanks to the power of logic we now know ben_vulpes writes for motherboard.
mircea_popescu: "he fucked, like, a real woman" valley girl speak as opposed to "he fucked a real woman" nohomo bro speak
mircea_popescu: no, took. from to take investment. mebbe needed a comma in there
mircea_popescu: clearly it's because ethereum was like all respectable and took like actual investment, rather than just pretending on both scores.
mircea_popescu: dignork: adlai: me neither, but this part seemed odd, so i googgled it. << such lmao. "hey, two bitcoin scams are the only things google could find online that used the same broken logic dressed in the same approximative verbiage. WHY COULD THS BE ?!?!?!"