370300+ entries in 0.098s
mircea_popescu: there's no benefit in using some "organic" address. nor does this actually exist.
mircea_popescu: yes, which only means it has the checksum and starts with 1
mircea_popescu: i can send you a bitcoin whether you wish to accept it or not, and whether you know or not
mircea_popescu: but it would be stil lequally easy to deny that it's your transaction.
mircea_popescu: decimation even so, once an address is out it is public.
mircea_popescu: it's what it likes to do. fiat runs and bitcoin rests.
mircea_popescu: moreover, there's no good reason to presume this is not happening at any point, nor particularly easy or even possible to prove so.
mircea_popescu: you could get fucked by some guy who thinks he saw you fucking his wife.
mircea_popescu: in which case we're back to your problems being widely abusable power, which is not a bitcoin thing.
mircea_popescu: and so i have to judge this situation where you say coinbullion googled your name and used it to cover their theft
mircea_popescu: address A sends back to mtgox for credit ? the same bitcoin ?
mircea_popescu: asciilifeform let's go through this. mtgox wallet is emptied to address A.
mircea_popescu: so what if google search turns up whatever ? i can make google show up a shaved baboon when you google for nubbins
mircea_popescu: run me through a scenario where you actually identify such a "direct trade"
mircea_popescu: for that matter, discovering that your wallet directly traded with anyone is an exercise in impossibility.
mircea_popescu: if you spend time in a smoky room "you might have problems one day"
mircea_popescu: this actually works as an argument. bitcoin needs no assaying, which makes it more fungible than something that does.
mircea_popescu: all those series on bars and so forth, they're kinda there to limit fungibility
mircea_popescu: asciilifeform bitcoins are more fungible than gold ever was, in practice.
mircea_popescu: "It sounds like you need a few slaps in the face to get in touch with society."
mircea_popescu: asciilifeform all coins are and will remain equal. this is the concept known as fungibility.
mircea_popescu: "o you sent fiddy altcoins extra ? allow me to edit all the previous scamscreams!"
mircea_popescu: asciilifeform this is what "the community" didn't belive pirate's hash exchange was for.
mircea_popescu: meanwhile, "Hi I am a 25 years old Italian boy. I entered the bitcoin about one year ago, so I am not so noob even if not expert."
mircea_popescu: nubbins` yeah, huge uproar in the sense that scammors are really butthurt there's some stuff they can't readily manipulate.
mircea_popescu: speaking of the entire silver thing, what happened to pietilla, goat and usagi ?
mircea_popescu: Namworld well now i don't know, i read the stuff in a paper book a while ago. lettuce see
mircea_popescu: somehow "distribute it" never comes to mind. a problem fiat shares, for that matter. (buffett has some great comments on the topic)
mircea_popescu: it has a better risk profile for the bitcoin investor than the alternative (if you review the early history of btc scams, 2011s, you'll see most corps turned scams once the "ceo" confronted the problem of "we have cashflow. what to do with that cash ?".
☟︎ mircea_popescu: Apocalyptic the "zero asset" thing is a term of art. a company that retains none of its income but distributes it all as dividends.
mircea_popescu: what's with this "we're organising a conference next week" thing
mircea_popescu: hellmuth folded a walking back to huston arrangement and then got all pissy
mircea_popescu: anyway, the hellmuth guy, i recall this horrible loss to a romanian player, who had called a re-raise with a low pair or something
mircea_popescu: did hellmuth actually win any one wsop/wsoe main event ?
mircea_popescu: obviously people being people there'l;l be exceptions to any stereotype
mircea_popescu: even if they do have the money. they "forget" or whateverthefuck.
mircea_popescu: it works both ways, gamblers are notoriously bad at keeping the bills paid in time
mircea_popescu: these two activities are often found jointly in nature, like any house building will involve carpentry and masonry
mircea_popescu: finance is shorthand for resource allocation. gambling is shorthand for risk pricing
mircea_popescu: im sure the "bitcoin finance" blogspace is not saturated now,