375100+ entries in 0.085s
mircea_popescu: people's incentive to steal from you is how much you got, not how nice you are.
mircea_popescu: oleganza "if you are being nice to people" that's the silliest thing i heard all day
mircea_popescu: the no being there mostly for the benefit of the police.
mircea_popescu: nubbins` you have to understand when they say no it's maybe.
mircea_popescu: consider the problem in its proper generality, as the byzantine problem.
mircea_popescu: yes, but you are thinking about it in a very narrow manner.
mircea_popescu: oleganza understand, i;m not saying this is bad. i am merely saying that "idiot proofing" is not its selling point.
mircea_popescu: asciilifeform perhaps difficult to distinguish the man (who makes his time) from the time.
mircea_popescu: your scheme relies on the idiot comprehending m-of-n, which is a higher bar than comprehending "this is your wallet file, keep it safe"
mircea_popescu: oleganza that the idiot is going to share all the keys with the same friend.
mircea_popescu: you know, the one guy who perhaps could claim the first on that score.
mircea_popescu: personally, i wish caesar were still alive and affecting world affairs.
mircea_popescu: KRS|gotyawallet yes, a new chan was created a pparently, named -pricetalk
mircea_popescu: get out of here, people wished hitler was still alive in 1945
mircea_popescu: from a security viewpoint, however, it does not idiot proof anything.
mircea_popescu: this may offer w/e ui benefits, i can't discuss that in the abstract.
mircea_popescu: that may be, but we were discussing idiot proofing the wallet by a share to friends scheme.
mircea_popescu: this is not something that can be changed by technology.
mircea_popescu: "investing" by unprofessionals is and will remain a major security risk.
mircea_popescu: oleganza so basically you're not solving an actual problem, you're drawing.
mircea_popescu: oleganza idiot sends his pw and his backup to the same frined
mircea_popescu: there still exist unencrypted wallets in the wiold ?!@
mircea_popescu: so basically the moral here is, you can say exactly anything you wish
mircea_popescu: nubbins` basically if i told the guy "fuck you, you uninformed, intellectually lazy piece of scum" in response to his first email
mircea_popescu: oleganza this sounds like making it more idiot vulnerable.
mircea_popescu: you've done your part reclaiming that unfortunate word, ThickAsThieves wouild be proud
mircea_popescu: KRS|gotyawallet there's certainly a market, asciilifeform long wanted a host, i asked namworld for a price like a month ago, still waiting.
mircea_popescu: apparently just-dice is siolid competition for new york.
mircea_popescu: Fifty thousand people signed up online for New Jersey’s gambling sites in the first week. That compares with 741 who signed up for Obamacare during all of October.
mircea_popescu: mpoe-pr "o hey there you are. i had a nightmare. you and inaba were taking me to the urologist."
mircea_popescu: the funny part is, back when the center was in the west, it'd have been london, or ny.
mircea_popescu: well... the bot isn't particularly intended to be reliable.
mircea_popescu: well... the bot not quoting has little to do with mpex's reliability.
mircea_popescu: Apocalyptic not really, i mean they're conglomerated but separate.
mircea_popescu: i guess it's hard being clueless and yet havintg to write about shit.
mircea_popescu: i suppose he missed the part where last month ppl made like 3k btc or w./e
mircea_popescu: why is it the exchange's problem if the bot puts or doesn't put orders in
mircea_popescu: i like the part about THE SCAMMERS chjecking other people's records./
mircea_popescu: thje spot is the spot, but the actual price shall never be known.
mircea_popescu: the price at which futures settle is QUITE the price at which they trade.
mircea_popescu: davout the price at which options settle is not related to the price at which options trade, in the sense these are independent values.
mircea_popescu: (for instance it's convincingly arguing atm that the large banks are keeping rthe gold price very low throuigh this exact trickery)
mircea_popescu: an option resolves this problem by trading on the spot. futures trade on their own "implied" spot, and so you can easily be stuck
mircea_popescu: if however you CAN take the livestock, then they are well incentivised to not declare livestock worth 10 dollars, cause you'll just take it.
mircea_popescu: you're stuck realising whatever price whoever sold you the contract decides
mircea_popescu: davout yeah. if you buy the right to receive livestock in the future, as long as you can't actually take the livestock