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mircea_popescu: i think his current owner may track you down and shoot you if you do that.
mircea_popescu: i couldn't need a dns less : you know where to send funds becasuse yu get a gpg signed deposit slip.
mircea_popescu: and it also goes to jurov's q as to the diff between pki and nanowot.
mircea_popescu: but my point is narrower : that no wot can stand on its own. one of the manyt reasons pki is broken by design, not the most visible one but quite fundamental.
mircea_popescu: well yes, now they can, because you've leveraged the public forum to strengthen the wot.
mircea_popescu: it must be over 99%, but i'm curious if it's more like 99.99% or what.
mircea_popescu: and i wonder if sukrim ever sat down and calculated how much he has lost to date, since his derpy "hai i r glbse investoar" days.
mircea_popescu: punkman if i had any idea how to make it so it doesn't suck i'd be looking for it people not domain experts.
mircea_popescu: anyway, a p2p cryptographically secure wot is a good project for someone competent an' ambitious. good way to get on my wot list at any rate.
mircea_popescu: jurov: i guess they shorting was "omitted" from mastercoin protocol << lol. because anyone can do anything they set their mind to. including design of stuff they never used irl.
mircea_popescu: jurov afaik he has been working (for the past two years) towards a distributed system
mircea_popescu: more importantly, that his ability to absorb scandal is nil. all it takes is one single merchant attacked by him providing fake ids to someone and that's the end.
mircea_popescu: jurov for me, that nanotube i trust. in general, that there exist no documented cases of a hijack.
mircea_popescu: cazalla no i was just looking for someone with a lot of aff marketing exp.
mircea_popescu: aite, so what was pgp for windows, kleopatra something ?
mircea_popescu: also you should blame kako. i only accept congratulations. and cookies.
mircea_popescu: cazalla btw, weren't you doing affiliate marketing for a living ?
mircea_popescu: gpg is a gnu implementation of pgp, which is the original public key cryptoi system
mircea_popescu: and then wonder why is bitcoin so expensive since "nobody" buys it or holds it ?
mircea_popescu: then everyone can move on to doge or maxcoin or w/e scam du jour, much more adequate for their needs and abilities,
mircea_popescu: i honestly believe that from here to bitcoin being 50mn a piece, this channel will not nor needs not over 1k people active.
mircea_popescu: bitcoin is limtied in supply, soon enough all the noobies will have no bitcoin at all, and problem solved.
mircea_popescu: because "dictionary" or whatever. which is fine, but also, killing them is the general goal of entropy.
mircea_popescu: it's just that some [mostly irrelevant] people have decided they don't want to apply the solutionb.
mircea_popescu: i mean it's not like the problem doesn't have a perfect solution alreayd.
mircea_popescu: on one hand, having a third party involved in any bitcoin transaction, in any way, is breaking the protocol. on the other hand, the pki/dns infrastructure is beyond rotten. tying it into any sort of live project is like taking a spleen off a rotting cadaver and putting it into someone's gut.
mircea_popescu: fluffypony: looks like it comes up every year and nobody runs with it << because it's a fucking stupid idea.
mircea_popescu: BohemianHacks it would seem you made an objective statement, but perhaps we're stuck on different language spaces again.
mircea_popescu: same principle. don't use a public service of a large provider that has the power to survive you in the market.
mircea_popescu: Naphex: you could just use google pub dns servers, and place some trust on them, they support dnssec << myeah. some people learned the hard way why not trust linode. it cost them 40k btc or so, linode offered a half-apology and $50 in vouchers.
mircea_popescu: BohemianHacks: after you turn 18 cyber crime risk out weighs the reward, even if your morals dont stop you << well, my curiosity continues. how did you compute that ?
mircea_popescu: ;;later tell numeristrade you ever considered starting a blog ?
mircea_popescu: i think this Wywiał guy may be on track to write more than me.
mircea_popescu: fluffypony: except it wasn't the dude that started/owned Dragon's Tale << that was a riot. tepi's face lol.
mircea_popescu: BohemianHacks you aware what the best description of this chan is, according to chan consensus so far ?
mircea_popescu: punkman im still waiting for the psychanalist to go into massive bitcoin exploratory expedxitions.
mircea_popescu: punkman pretty much. just like webpages "feel" like dictionaries.
mircea_popescu: meh shitty bait ozzie. how am i to restore world balance thus ?
mircea_popescu: fluffypony yeah, i just maxed the pedantry scale did i ?
mircea_popescu: i don't know you well enough yet to actually care what you think for its own sake.
mircea_popescu: BohemianHacks im not trying to prove anything really, i'm just exploring where exactly we differ.
mircea_popescu: similarly today, the only thing the city poor / welfare bunnies fear is the 19th century capitalist
mircea_popescu: then the merchants stole it, because at the time the only thing the town merchant feared was the soldier, so he wanted to steal his stuff.
mircea_popescu: anyway, to continue the saga of the poor word "invest" : originally, it denoted the act of comitting your army to a siege. which was, expensive and dangerous a proceeding.