log☇︎
297700+ entries in 2.097s
[\\\]: I'm talking to you
mircea_popescu: i never used it. is this kumala's thing ?
[\\\]: am I risking my life using it?
mircea_popescu: ok so i've got news from erik,
MJR_: by the way...i really liked that "ussa"
MJR_: i'm just not a huge fan of strip clubs...
mircea_popescu: well nyc. i meant places where people have money.
MJR_: i do drink with my pinky out
MJR_: i thought i had something for this
MJR_: how many pole dancers does it take to...i give up
deadweasely: according to his webcam i hacked, he's fapping. ;D
mircea_popescu: jborkl i already claimed 1st to 50mn, angling for 100 now
deadweasely: well, i'm down to whoring for btc since i can't actually buy in anymore on the borked exchanges
deadweasely: i try not to, but i want to spam my ref links now, so i reply to newbs and help them out.
mircea_popescu: yw but i had no ideal ol
mircea_popescu: i don't read the forum.
deadweasely: i use the ref link in my sig....
mircea_popescu: i know you do what ?
mircea_popescu: i imagine it will explode once more people figure it out
deadweasely: you know i do.
mircea_popescu: well i dunno.
deadweasely: mircea_popescu: total armchair criticism here.... does bitbet have too many bets and not enough advertising (not paid necessarily, but maybe new bets are posted in bitcointalk bitbet thread? just talking out my ass here. i like bitbet, big potential there.
mircea_popescu: i got nobody in washington
gwillen: I don't think anybody is shocked if Avalon is a HardCopy
asciilifeform: mircea_popescu: I tend to think in the currency I buy food with. Is this really so odd?
asciilifeform: well yes, and I can wire a resistor from my garbage can across the power terminals and use 500W
mircea_popescu: i can make you an asic that uses up 500W per chip
mircea_popescu: yes. except i only order shit i pay for after it's delivered.
asciilifeform: mircea_popescu: mail me one and I'll happily vivisect it and post the result
jcpham: I guess they cannot fix the power regulator thing
mircea_popescu: far as i'm concerned the laugh of the year is that after demonstrating a box of fans at that convention, bfl "delivered" to their shill "cumstomer" a board which cools passively.
asciilifeform: mircea_popescu: considering what I concluded in that piece, this is hilariously funny
mircea_popescu: jcpham i never tell people what to write
asciilifeform: mircea_popescu: I did (along with a linux box.) GPG works equally well on any reasonable *nix machine.
Bugpowder: i remember that review
deadweasely: bitesak: i'd love to, no time, rather use ec2 free instances.
mircea_popescu: bitesak i don't think pi can cope
deadweasely: i started an instance, never even logged in and they stuck me with $15.01 bill this mo.
bitesak: i would like to do something like that and have my node online. that wouldn't even cost much at all right?
deadweasely: no, i won't
asciilifeform: mircea_popescu: I'm more of an amateur mathematics crackpot than a serious BTC enthusiast. I have ~3 BTC...
asciilifeform: and virtually nobody appears to be the least bit interested in my (or anyone else's) ideas for cutting the fiat world out of the loop (I suggested product delivery via dead drops, flying machines, other crackpot nuttery) ☟︎
mircea_popescu: i doubt this is the case. the uberpressure comes from store of value applications.
KRS-1: or currency imo because i dont think the design can handle transactions required of a common currency
asciilifeform: correct me if I'm wrong, but most people who pump fiat into BTC are hoping to use gox in particular at some point to pump it back out
asciilifeform: I know this is a hard sell, but it seems to me that things like Silk Road are steps in the right direction. Right now, most BTC users are law-abiding wimps who will give up if their gov. so much as sneezes at them. But if you can get organized crime to actually rely on BTC in a serious way, it will be invincible.
asciilifeform: mircea_popescu: I was arguing from the "may as well hang for a sheep as a lamb" angle.
asciilifeform: IANAL, but I'm not even sure this would be illegal under (current) American law.
asciilifeform: mircea_popescu: ok I see
mircea_popescu: bah wrong link. i meant http://trilema.com/2013/its-been-an-epic-few-days-what-happened/
mircea_popescu: i stole it from you
mircea_popescu: what do i care where you stole it from
asciilifeform: but I agree, anyone who tries will "have problems" rather quickly.
mircea_popescu: i think there's a bitbet on it anyway
pgp: mjr - wish I could join - have work to do :-(
MJR_: also...last point, if it existed i would be using it today
MJR_: i'm going to lunch with darren pgp
MJR_: yah, i think he is trying to set up the first two atm's within the next two weeks..so we'll see
mircea_popescu: i had originally thought there's under the table conventions preventing such a thing, even if not visible above board
pgp: i believe there is already a bank in france that lets people maintain BTC balances... yes?
MJR_: they don't have armored trucks coming for that...and of course i'd limit it to $20 bills only...in and out
MJR_: they don't send armored trucks for all of them...i mean the small atms...the kind you find in a deli not affiliated with a bank
MJR_: i mean PoC one atm somewhere by your own house
MJR_: and i think the scarcity of bitoin right now means you will get more cash put in than taken out
mircea_popescu: i doubt they will really execute it,
mircea_popescu: or i confuse two projects ?
mircea_popescu: i think i was saying they're basically the reverse
mircea_popescu: topace not that i've seen.
MJR_: you say ten years...i say 3
MJR_: which is why i need a way to move my wealth from bitcoin to cash immediately and at will
MJR_: i totally agree
MJR_: i'm just saying...access to your money is important
MJR_: but if i could have all my wealth in my "investments"...and only liquidate when i had to
MJR_: but i think it's in its store of value
pgp: wish i could
pgp: obviously, I believe in bitcoin... I just don't see that happening anytime soon... in 10 years...
MJR_: i'm looking at williamsburg
MJR_: i don't see how they can lose money
MJR_: i suppose
pgp: I just don't see it being a profitable venture for these guys - that's all...
MJR_: i just said that giving people easy access to their cash is necessary
MJR_: i never gave a time frame...
pgp: I just question the timing and business model
pgp: look - I'm not saying that that sort of convenience is bad...
MJR_: otherwise i have only "good" currency
MJR_: i only have to spend the "bad" currency when i really need to
MJR_: the thing i'm talking about is the most basic of banking needs
MJR_: if a lot of people want to BUY bitcoins...i can buy them on the exchanges automatically
MJR_: but i need to get $20 out of a hot wallet
MJR_: i'm not withdrawing my life savings
MJR_: i want to buy a burger
smickles: i think the atm is for Convenience
pgp: i hear your arguments, but my gut tells me that it probably won't work as smoothly as one would hope and the logistics will be a problem
[\\\]: I've read a bunch of articles
smickles: I do try from time to time.
MJR_: whenever i get paid, i just deposit
MJR_: whenever i need to spend, i just withdraw
MJR_: i also love the week wait for the cash
MJR_: its way more convenient to engage in trading online when i want to get a jameson and hang out
MJR_: like i'm starting a bank, we don't need atm's?