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mircea_popescu: outrageous. i hope the police catches up with them and gives them what for.
mircea_popescu: ThickAsThieves but any ounce of gold stays an ounce of gold permanently. where do your rating points go when they go ?
mircea_popescu: not so hard to distinguish machines from humans if your machine has a stable with many humans
mircea_popescu: prop sauce, but basically it leveraged individual actions to evaluate everyone else's.
mircea_popescu: benkay for years before and some time during bitcoin i had a romanian language digg style thing.
mircea_popescu: so no, that's what it is : it isn't a wot because it can't be
mircea_popescu: ThickAsThieves this is what someone was proposing at conference, when i introduced fain
mircea_popescu: neither are fiat bills (not in the sense of the physical bill, but in the sense of it being authorised, it'll get reprinted, and trhe bill is that trademark that spawns the authirisation)
mircea_popescu: bitcoins, you will note, are never destroyed. neiuther is gold.
mircea_popescu: ThickAsThieves it has no medium of exchange it'd seem, because points are created and destroyed
mircea_popescu: <jurov> hmmm but it does not allow negative ratings << 0 to 20, -10 to 10, no diff.
mircea_popescu: <ThickAsThieves> i have a feeling though, this theory will end up distilling into one that already exists << kinda cxurious about this myself.
mircea_popescu: <ThickAsThieves> bitcoins being the medium, blockchain the gazette, mining the forum? << it's a very limited economy at that, but i guess so.
mircea_popescu: dexX7 i think it'd look a lot more like bitcoin-assets.
mircea_popescu: because YES loltribunals do work, not just on league of legends, but here too.
mircea_popescu: fluffypony yeah, only one case. i suspect now i built it the wrong way,
mircea_popescu: fluffypony it's actually a measure of their thing failing. in the sense they can't pass off the scamcoin fast enough for their dump-and-dillute engine to actually extract enough value out of the environment to keep the ball rolling.
mircea_popescu: <only> ThickAsThieves: as long as the 3rd party can be anyone, isn't it enough? << definitely not.
mircea_popescu: Naphex> set up community tribunal << you know how well that worked, do you.
mircea_popescu: anyway, i hope taaki doesn't end up sending intenret hitmen to kill me or something
mircea_popescu: already good software is gpg based as a matter of course. so what if microsoft doesn't want to sign ?
mircea_popescu: so now trust is created that's not wot-based. so in a sense old people are attacking the wot through being... stupid.
mircea_popescu: the problem here is that people interact with an entity calling itself at&t and using a non-gribble method of authing.
mircea_popescu: ThickAsThieves lol i didn't click. i guess he's a slow reader.
mircea_popescu: ThickAsThieves the chronicles didn't work that fucking well, either.
mircea_popescu: fluffypony a naming system can be secure, memorable and global
mircea_popescu: (and the fact good names aren't being squatted to fuck amazes me, and it is a testament to the fundamental economic ineptitude of geeks)
mircea_popescu: this would be fucking ideal, but unfortunately it'd yield fragmentation.
mircea_popescu: i'm making urmom a better gazelle than the wot ever was, bish.
mircea_popescu: the truth being that this shit's so bleedin' advanced ... we are without words.
mircea_popescu: like the web is the set of websites, not the set of human knowledge
mircea_popescu: the trouble is that wot is a horrible name, as it's not OF TRUST in the obvious sense, but in the other one. and it'd seem to discuss the actual web, rather than its notation.
mircea_popescu: ThickAsThieves well... so maybe the definition is broken you know ?
mircea_popescu: suppose pirate came back and went ;;rate ThickAsThieves 6 trusted guy helped me launder money
mircea_popescu: punishment is any action upon an agent that happens irrespective of the will of that agent
mircea_popescu: ThickAsThieves everything that moves has some economic part