387300+ entries in 0.086s
mircea_popescu: kakobrekla : "or for that matter, someone doing 1 gh/s could solve each block from now on until the next olympic games. not too likely, but possible.". also subjective ? :D
mircea_popescu: it's just that i have limits to my paranoia. it's all very healthy overal.
mircea_popescu: and i say "because it's not possible to do" and their eyes glaze over cause i'm insane.
mircea_popescu: then random bystander is, "why didn't you make them clearer!!!"
mircea_popescu: it's a nitnoy thing, but you know how it is, bets get contentious after they resolve.
mircea_popescu: because signatures with a history have a value. my signature is oposable to me, i'm never going to share it for that reason. (miner than can go, hey, here's a contract you signedm, you owe me 10000 btc)
mircea_popescu: because signatures with a history have a value. my signature is oposable to me, i'm not likely to share it for that reason. (miner than can go, hey, here's a contract you signedm, you owe me 10000 btc)
mircea_popescu: it's that the miner getting it can then sign themselves all sorts of goodies
mircea_popescu: sadly, people want to participate in bitcoin without a clue of what's what, how it works and why it works that way.
mircea_popescu: for instance, if i were to sign blocks with my gpg signature the suspicioun would be misplaced, as it's not bloody likely i've shared my private key with some random miner to win a bet.
mircea_popescu: of course this problem wouldn't exist in the first place if people actually used gpg properly.
mircea_popescu: which i guess is satisfied as it's been plainly stated here.
mircea_popescu: i guess it is marginally valid, just as long as bettors understand the weakness.
mircea_popescu: if i offer a miner 1 btc per block to sign it for me, that's just 1 extra btc he makes, like the fees.
mircea_popescu: a bet of the sort "labcoin will sign at least X blocks in octomber" is weak however, because most miners don't sign their blocks.
mircea_popescu: or for that matter, someone doing 1 gh/s could solve each block from now on until the next olympic games.
mircea_popescu: but because of the way hashing works someone with 10 th could still fail the bet.
mircea_popescu: make your block read "no less than X signed blocks in between Y and Z dates", that is proof of hashing
mircea_popescu: hashing is not measurable directly. it is inferred. having a few blocks signed does not prove any particular hashing.
mircea_popescu: at least you could have left two spaces between ] and [ in that spot as a typo
mircea_popescu: in ten years the cus will be just as corruipt as banks today. they are being corrupted by the government.
mircea_popescu: the solution is to get rid of aml, and general govt involvement. not to destroy banks by favouring credit unions.
mircea_popescu: that's all fine and good, however, that doesn't make its argument any sounder.
mircea_popescu: guess why credit unions can afford to not charge the 5 dollar per account thing boa wanted to put in.
mircea_popescu: because that other dude can then murder you on rates and pretend like it's your fault.
mircea_popescu: well, it's not a matter that they feel. it's a matter of fact : if you pay more taxes than some other dude you're screwed
mircea_popescu: "In spite of controlling most of the financial assets and basically cornering the market on financial services, banks feel that the credit unions’ non-profit status does not allow banks to compete on a level playing field."
mircea_popescu: "lol. the idiot running the thread stuck my name in there in a retarded bid to make it sound like my criticism was actually interest. i addressed it, it's ongoing."
mircea_popescu: i can state with authority that we have no fucking idea what that is.
mircea_popescu: anonymous guarantees and people with insider info making public statements
mircea_popescu: "I got insider info. They will not deliver in September, guaranteed. Best case scenario, first week of October."
mircea_popescu: his correct approach would have been back before i posted on trilema, doing the right thing.
mircea_popescu: dexX7 there are no good approaches in his current position.
mircea_popescu: it only interests me because it contradicts the "well mixed" stratosphere bs.
mircea_popescu: apparently wainwright hasn't read the scientific consensus re cfc gases :D
mircea_popescu: “Of course it will be argued that there must be an, as yet, unknown mechanism for transferring large particles from Earth to the high stratosphere, but we stand by our conclusions,” Wainwright said.
mircea_popescu: then again, > 100 bets, i would guess it does reflect sentiment appropriately.
mircea_popescu: mjr_ not much, going to watch cocksucker blues with innocent girlies.
mircea_popescu: i don't think you can identify it if you've not been on the exact road
mircea_popescu: (question is, which town and coming from where is the pic)