asciilifeform: iirc the game theory folks bashed their heads raw against this for half a century

asciilifeform: aha it'd be as likely as lice coming to an agreement to drink this-much blood

asciilifeform: i suppose the trick would be to drink no faster than the waterfall refills

asciilifeform: why not same thing ~every~ week ?

asciilifeform: what i was wondering is why the leaning is as light as it is.

asciilifeform: you poked a hole, they plugged it.

asciilifeform: adlai: the buggers don't like bleeding money any more than you and i

asciilifeform: if the mircea_popescu-price were so much higher than the 300 plebe-price, one would see orgies of sybilling ?

asciilifeform: http://log.bitcoin-assets.com/?date=17-11-2015#1325602 << incidentally what's to stop the fella with the 10m from sybilling into a herd of 1,001 schmucks who buy at 300 ? ☝︎

asciilifeform: can't wait for hitler to join the wot, rate people...

asciilifeform: notice how gateways which potentially convert cc-usd to benjie-usd (e.g., 'paypal', 'square', the 1,001 spampaypals) tend to have ~very~ fascist controls)

asciilifeform: as a student i once tried to put tuition on a cc (to claim the 'reward pts' naturally) and even this caused grumbling

asciilifeform: almost there even now.

asciilifeform: (the hole was closed, suggesting that there was an element of truth)

asciilifeform: or so the story went.

asciilifeform: so a few schmucks bought'em, then deposited, paid the cc bill, and pocketed the 1-5% 'reward points'

asciilifeform: at one point, iirc, the usa mint 'sold' coins using cc

asciilifeform: folks have built, briefly, 'arse-mouth systems' in the past:

asciilifeform finds the politics of creditcardism interesting because it is one of the places where bezzle meets actual physical reality, and the interface between the two produces some lulzy effects

asciilifeform thought that sucking ~in~ the car, literally, was a thing impoverished usians did

asciilifeform: and yes, anything that is not bolted down, will be stolen. and whatever ~is~ bolted down, will be sawed off

asciilifeform: (which would in effect be a zero-interest loan and 'nobody wants this!!1111')

asciilifeform: the separation between 'chargebackable' usd and the proper kind on cc is older than bitcoin, and originally existed to keep schmucks from paying off one card with another

asciilifeform: rather it'll be something like 'buy mercedes on credit in usd, sell for btc to some idiot'

asciilifeform: (at least not in the form they exist on this side of the atlantic)

asciilifeform: which was that the cards simply happen not to be the vehicle for said emptying.

asciilifeform: mircea_popescu: i know that the 'official' price is a fiction. but this was not the evidence for my hypothesis.

asciilifeform: 'Mike Morell, former deputy director of the Central Intelligence Agency, opened the door for more fighting about encryption by stating that a public debate was needed. "We have in a sense had a public debate. That -- that debate was defined by Edward Snowden, right, and the concern about privacy. I think we're now going to have another debate about that. It's going to be defined by what happened in Paris," he said.' <<< ahahah

asciilifeform: so for me, yes, it is the price.

asciilifeform: the price on the web site happens to be the one ~i would get if i sold my pittance~

asciilifeform: if indeed this is so, buterin must have one hell of a waterfall to keep the price three figures

asciilifeform: (or the monkeys would be cleaning it out)

asciilifeform: afaik the correct way to steal it is with straight cash loans (e.g. 'remortgage' etc)

asciilifeform: the credit limit for these is typically much lower than the card's 'proper' one

asciilifeform: not because schmucks will run to antarctica, but - elementarily - because anyone running cc for coin gets buried under an ocean of carders and the inevitable chargebacks

asciilifeform: http://log.bitcoin-assets.com/?date=17-11-2015#1325547 << afaik nobody sells with creditcard except for toy amounts ☝︎

asciilifeform: possibly the paragraph was lifted ?

asciilifeform hasn't seen the last 2 or 3 qntras on account of ddos

asciilifeform: i think i was sold already

asciilifeform: perhaps i can put it in the garden as compost or something

asciilifeform: 'In a story by the New York Times, later removed without explanation [archive], the situation in Paris was used to reignite the encryption debate.' << l0lz

asciilifeform: or does it have to be on the red square, publicly, with cameras rolling and anthems playing.

asciilifeform: but now the 'innovatorz!!111111111!!11' can claim it.

asciilifeform: http://log.bitcoin-assets.com/?date=16-11-2015#1325506 << classic 'theft of theft'. search in ciphered text is a 1990s result. ☝︎