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mircea_popescu: BlueMeanie4 okay, how would the proof that what i say is actually correct and your view mistaken look to you ?
mircea_popescu: BlueMeanie4 no, but it's not a fair representation of what happened.
mircea_popescu: this notion that everyone's entitled to sexual release gotta go.
mircea_popescu: decimation no, they're saying that the betas should be better betas already. i agree with the sentiment.
mircea_popescu: hey. it seems it'll take a while until this problem will be operationalized enough to be acceptable.
mircea_popescu: now, a little empoverishing itself for the sake of stroking its impatience may be okay
mircea_popescu: looky : the mortgages make society poorer not wealthier.
mircea_popescu: you don't create new wealth by creating new obligations or else a law that'd enact the obligation of pigs to fly would make us all rich.
mircea_popescu: BlueMeanie4 he's inquiring if you're trying to create or redistribute value.
mircea_popescu: since then, the marketshare of all exchanges together dropped monotonously.
mircea_popescu: BlueMeanie4 you know, three years ago half of all btc trade happened on otc. 90% ish of the rest was on mtgox.
mircea_popescu: i am blazing new ground here with the very public display of contracts, as for instance seen earlier
mircea_popescu: BlueMeanie4 it's an otc market. you don't get to know anything the participants don't choose to share.
mircea_popescu: you don't want highly liquid markets. you want robust markets.
mircea_popescu: it's so fuckng biased we have a wot to deal with the bias hierarchy
mircea_popescu: what's the five miliseconds earliness bought the early bird ?
mircea_popescu: so fifty people want to accept the same contract, and mp says yes and the cp picks mp because hey, he'd rather have mp's cp risk.
mircea_popescu: well yes great but this effect dwarves your problem by degrees of magnitude.
mircea_popescu: and rightfully so. because to the trustworthy goes the business.
mircea_popescu: looky here : because wot users are identified, and their reputation forms a market hierarchy
mircea_popescu: BlueMeanie4 no, and what's worse i don't see a way to translate your formulation of what's a problem in fiat marketplaces into ap roblem here.
mircea_popescu: BlueMeanie4 how would such a party have such an ability ?
mircea_popescu: BlueMeanie4 you'll have to at least build a theoretical model showing how this attack'd work. kinda how it's done.
mircea_popescu: asciilifeform no kindergarten i ever heard of shows lamport's clock
mircea_popescu: you'll have to sit down and confront the twinheaded fact that a) before you can improve on something you have to gain good familiariy with it and b) that the temptation to just make as a cheap substitute for understanding is sinful.
mircea_popescu: <BlueMeanie4> this is also a problem with Bitcoin, and thats why Counterparty cant be used for anything serious << this high speed thing is an unresolved problem in many ways.
mircea_popescu: now whether it's irc or a website or anywhere else should come down to a technical discussion
mircea_popescu: the only - the ONLY - reason any website is online right now, google including, whitehouse.org included, is that nobody can be bothered to knock them off.
mircea_popescu: BlueMeanie4 then i don't like you and ddos your system. what now ?
mircea_popescu: hanbot "demonstrating that perambulatory sculpture of the conspicuously unfucked might as well also possess meterological dominion over those parts of the world otherwise dangerous to honest hard-working folk predisposed to believe in peram…well, you know." ahahaha epic.
mircea_popescu: irc is an incredibly great system, give yourself some time to discover that first.
mircea_popescu: now, because you're so identified, you can go /query assbot
mircea_popescu: BlueMeanie4 well we all use automation so it's not that fresh in head :)
mircea_popescu: then you decrypt the otp and go ;;everify freenode-blabla
mircea_popescu: try it again now, it's not the big deal it looks like.
mircea_popescu: the hassle at the beginning will repay in spades later,
mircea_popescu: it looks and sees a diff guy is putting in the decrypted string and calls shenanigans.
mircea_popescu: <mircea_popescu> ;;everify << you gotta do it, not me.
mircea_popescu: BlueMeanie4 you gotta do the ;;eauth party ourself too!
mircea_popescu: asciilifeform yeah but you didn't pick them in the street.
mircea_popescu: so as i was saying earlier : ident with gribble, let's walk you through this self upping thing
mircea_popescu: asciilifeform i thought russians had martini as the vermouth, like romanians.
mircea_popescu: fluffypony: "After a whirlwind of bidding activity, a 9.0-graded copy of Action Comics #1 sold on eBay yesterday for a whopping $3.2-million, the most ever paid for a comic book" << clearly no inflation propping up nasdaq. it;'s all just legit money, which is why all art and collectible prices are up 10x
mircea_popescu: BlueMeanie4: also Mircea - you dont like Preston Bryne? << if i can be arsed to try and teach someone to read it can scarcely be argued i don't like them.
mircea_popescu: also, lol : "While it is occasionally used recreationally for its hallucinogenic properties, the experiences are often mentally and physically extremely unpleasant, and frequently physically dangerous, so repeated use is rare."
mircea_popescu: nubbins` this is why you take your own bottle and your own whores to the strip joint :D
mircea_popescu: asciilifeform this is older than dirt. was the premiere reason women ended up forbidden from public places in teh islamic states.