273800+ entries in 0.054s
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 ?!?!?!"
mircea_popescu: adlai: ahaha looks like somebody got a lawyer << and yet fucktards STILL use pdfs. sigh.
mircea_popescu: chetty: someone explain to me how all those feminists justify putting little girls scanty costumes? << "all men are pedophiles and rapists because the only feminine females left around are under 16 yo because we educate little girls to act like lolis and then after puberty we try and make them into obnoxious whales" ?
mircea_popescu: gernika you'll have to go into detail. make me a sample scenario ?
mircea_popescu: mats_cd03: so many soccer moms and scantily dressed lolis last night << where ?
mircea_popescu: hey, who were the muppets that closed recently, claiming they were spending 9k/month on servers among other thiungs ? qntra reported it
mircea_popescu: you name a judge, i name a judge, they name a third judge and then they score them.
mircea_popescu: she shows up here, has a poetry slam with hannah, whichever wins gets a shiny bitcoin.
mircea_popescu: ben_vulpes tell you what. tell the woman she's been served.
mircea_popescu: aanyways! go on, this is turning into a fascinating tale.
mircea_popescu: i mean, isn't it just what hookers say to the cops, like the guy caught pissing in public pulls the bladder condition ?
mircea_popescu: dude is a female slam poet anything other than a hooker ?!
mircea_popescu: o wait, the original vulpe's an art student ?! what's she make ?
mircea_popescu: also a matter of volume. casual handling of half a gallon of boiling oil != one chicken leg.
mircea_popescu: maybe you need stan to rewrite the os/proc designs/world
mircea_popescu: ~~~ ben_vulpes:ain't no training going to fix that kind of stupid ~~~
mircea_popescu: i thought you were actually using high performance chemistry gear in the house. for some reason.
mircea_popescu: well, recipients that resist heat can either be oven rated or flame rated, and generally what's safe to heatr in the oven is not safe to heat on a burner
mircea_popescu: i was going to send you a pack of biscuits, peanut for the dog, chocolate for the fox. none for you, ofcourse, as men don't need to eat. sadly thestringpuller doesn't seem ready to take orders still.