346600+ entries in 0.077s
mircea_popescu: Neil: I'm definitely in the top 3 bettors on bitbet; wouldn't be surprised if #1 by amt of BTC bet. Scary. << how much is that ?
mircea_popescu: ;;later tell Chris_Sabian i wouldn't be too worried about it. 2013 made bitcoin, it's a cut deal.
mircea_popescu: the20year you can end up with a tv show on top of everything, maybe put a little effort into it, curate a youtube channel, do some blogwork/outreach
mircea_popescu: ;;later tell mike_c he has good points on the topic. then people wonder why he wasn't ever a topic of study by acaemia. which academia, the one that subsits on ex hedge fund manager alumni bequests ?
mircea_popescu: asciilifeform except men can't piss in the company of womenz generally speaking
mircea_popescu: that a romanian is sitting here laughing his ass off ?
mircea_popescu: MAKABEakira a better idea would perhaps be to re-structure the program so as to work better with bitcoin's weaknesses.
mircea_popescu: MAKABEakira in principle it is externalisable, but in practice it's a problematic point, because if you scam the users on my trademark i'll have to kill you.
mircea_popescu: it can be done, if you have the volume to justify it. otherwise, just so it exists generally, it's not gonna happen
mircea_popescu: out of that 1% i'll have to justify someone sitting with eyes glued to your thing
mircea_popescu: well, consider the business caseas first and foremost. bitbet takes 1%
mircea_popescu: MAKABEakira so why can't these be week bets like in sane land ?
mircea_popescu: this means that if you bet 1350 btc or less you are guaranteedly going to be paid out (should you win) with btc that are already held from old bets.
mircea_popescu: the total actual exposure bitbet has to bets (ie, stuff people bet that hasn't been yet resolved) is 414.9x
mircea_popescu: but anyway, since we have been doing some auditing on bitbet : the total BTC held in currently published addresses is 1778.18326295.
☟︎ mircea_popescu: that's the address paying the house bets, refunds, referrals.
mircea_popescu: anyway, since we're discussing bitbet, i dunno if this was ever published, but
mircea_popescu: what i don't love is how many people need to be hurt into comprehending that they're better off following than trying to lead.
mircea_popescu: BingoBoingo guy is reasonably well known. at least by btc standards at any rate.
mircea_popescu: guy's target are people with short attention spans and limited memory space.
mircea_popescu: there's actually people who make it their business to organise a "photographic vacation"
mircea_popescu: by the way, for whoever was wtfing about all the nude shots :
mircea_popescu: it is a reasonably common name, so there's a dozen or so other people by the same name
mircea_popescu: moiety "should have known", "reasonable person standard", "duty of care" etc etc. the jurisprudence is taller than you,