284000+ entries in 0.11s
mircea_popescu: TomServo> Holy shit this 'seamonster' "crash analysis podcast" is a train wreck. << but that's what you were there for right ?
mircea_popescu: ie, want to sell for 20, sell anywhere between 17 and 23.
mircea_popescu: still the major problem will be that while on average say it's an ideal market, 0% bias, that average has a poisson distribution of maybe 15% each way, so any individual buyer could see a price fuzziness as close to 30% as his luck gets.
mircea_popescu: and with this i'll have to take a meeting, but will be back in an hour or so. cheers.
mircea_popescu: which is a matter of the wot. lettuce find the relevant article.
mircea_popescu: but anyway, conceptually similar to your thing, sure. people agreeing on a trade and exchanging the money and signing the contract in a pseudonymous manner.
mircea_popescu: dionyziz it's not personal in any sense. signatures are pseudonyms for this purpose
mircea_popescu: dignork you can't have bias in a decentralized market. you will instead have volatility. bias happens in central markets like ebay deciding to side with buyer
mircea_popescu: dionyziz don't take things the wrong way, there's plenty of work to do for people wanting to be useful. it's just important not to waste the enthusiasm of youth on dead ends.
mircea_popescu: (and here's a riot, 1.2k asicminer full shares ? aka 6k btc at the peak ? history!)
mircea_popescu: pseudonymous parties agreeing on a trade, exchanging money and signing the contract.
mircea_popescu: anyway : this already exists, it's a solved problem. why are you resolving a solved problem ?
mircea_popescu: these two are not the same in any sense, stop using them as synonyms.
mircea_popescu: okay. im 35. but anyway : no, rented po boxes and drones aren't solutions.
mircea_popescu: but yes, for that thin sliver where carders and snowden wanna pass along secrets, there's something.
mircea_popescu: and in being controlling, it'll control. which means it'll shape the marketplace.
mircea_popescu: brianhoffman well sure, but it doesn't so much matter if it's a meatspace issue or not. what matters is that it's the controlling issue
mircea_popescu: dionyziz b ecause you're leaking information through the shipping. think of it in crypto terms, you're using a 8 bit key on an amiga as part of the process.
mircea_popescu: at which point you either go to jail or backstab your users
mircea_popescu: well, for as long as you're small nobody cares that you're moving contraband back and forth, because it's not meaningfully discernible from the general noise of the system
mircea_popescu: i think you maybe misunderstand how safety is effectually implemented.
mircea_popescu: and since you can't really tell people what to do, you will end up in that conflict whether you want to or not.
mircea_popescu: it's why silkroad collapsed, after all. you can't ship.
mircea_popescu: i gather. but the thing is, that challenge will unravel whatever model you may build.
mircea_popescu: dionyziz are you familiar with the discussion of multicentrality vs decentralisation ?
mircea_popescu: brianhoffman your proposition is to somehow weld them together, but because you can not practically remove the problem of 1, it'll still revert to something similar, inevitably.
mircea_popescu: brianhoffman no, it's not. looky here, let's model it. there are 3 items of interest. 1. the shipping of purchased items ; 2. the discussion of trade, ie, merchant and buyer meeting hteir minds ; 3. the payment for purchases. now, these 3 can be sorted in any which way. otc for instance sorts it that 2 is gpg over email or an irc channel, 1 is mail and 3 is the wot.
mircea_popescu: dionyziz i am keeping it in mind, which is why i asked diretly :)
mircea_popescu: but anyway! thanks, and dun worry about it, you're not being griled in the sense of having been a bad boy
mircea_popescu: you know i've done nothing much re bitcoin otc. it's mostly nanotube's thing.
mircea_popescu: well that was @ brianhoffman. you, i asked how you aim to improve the wot as it is
mircea_popescu: dionyziz that is rather basic, but anyway, much better than nothing at all.
mircea_popescu: brianhoffman let me restate it. since shipping precludes practical anonimity, it makes sense to bundle the trust required to maintain pseudonymous identities with the trust required to police transactions, resulting in the following cutting of your mayo : centralized trade with decentralized comm network. which reduces your idea to reimplementing gpg over email.
mircea_popescu: <brianhoffman> mircea_popescu: you are asking about shipping of items across OpenBazaar? << yes.
mircea_popescu: dionyziz well not so much on your ideas whatever they may be, but moreover, how familiar are you with the wot as it works and is implemented currently ?
mircea_popescu: sooo apparently a mpex proxy (mpex.co) got dns hijacked ?
mircea_popescu: yeah. dun worry about it, worry bout something else :)
mircea_popescu: kakobrekla nah dun worry about it. not really a problem.
mircea_popescu: then you declare you're innocent, a week later they let you go because it was a mistake and there you go, two extra points. maybe three.
mircea_popescu: indiancandy1 it's simple, have some people friendly in the press over at your hotel, have a policeman come and arrest you and confiscate a huge bundle of flour.
mircea_popescu: so what's your pr lady next move for you ? major drug scandal ?
mircea_popescu: yeah looks like they want to set you up for a heel role.
mircea_popescu: lol and fakekissing the guy ? ok, this was entertaining
mircea_popescu: tsk, pushing up your tits and being all bashful about your hip tattoo ?
mircea_popescu: (reason being that they proly learned english from 70yo little old ladies)
mircea_popescu: btw, dun call people dear in english. it's this 70 year old grandma thing to do, and for some reason all indian camgirls do it.
mircea_popescu: there's a coupla death metal bass players, brothers, by that name