396900+ entries in 0.117s
mircea_popescu: bitcoin is for smart people, and never the twain shall meet.
mircea_popescu: there's no marketing involved. the masses are dumb. they like to be dumb, they have always been dumb.
mircea_popescu: bitcoin concentrates with some smart people, who will then proceed to simply mock and torture the entire rest of the world, ie, the sheeps goats and geese or w./e these lifeforms are
mircea_popescu: but anyway, getting back at the entire "bitcoin for the masses" nonsense : it should be clear to everyone jkust from this small example that no, it will never happen.
mircea_popescu: in the 1800s the ladies of society went to insane asylums to be amused by the nuts.
mircea_popescu: there's just.... there's just not enough pain and suffering available in the world to redeem these people.
mircea_popescu: But if you want to bet something huge (let's say 10k USD), it should split the bets into smaller ones, and ran them independantly."
mircea_popescu: "You should be able to bet whatever you want, even more than the investor's money.
mircea_popescu: make room, the mcdonalds clerk is now in a position of power and dominates teh market, he'll tell you how it is and what can happen!
mircea_popescu: "So prime dice and coin roll.it with their max payouts below 20btc or below are just foolish? I am not saying we become more conservative than the competition, but we do not need our max bet to be 10 to 20 x the competition. They will not find another site with as fair a game and as big a max bet regardless. "
mircea_popescu: and just ban the shit out of them. there's just no fucking way.
mircea_popescu: theymos should add an equivalent of the banme tag on sa, except automated to all noob accounts.
mircea_popescu: there's a long, long road between actual investor and this sort of hobbist nonsense.
mircea_popescu: because the way he's behaved so far that's precisely what he's likely to do.
mircea_popescu: instead of pissing all over their face at every turn, as he should.
mircea_popescu: and so another good man gets fucked over by the fact that he tries to make friends of said muppets
mircea_popescu: "they have no representation of failure and consequently will only take 100% losses or massive gains"
mircea_popescu: basically what it says is "muppets are very greedy and very risk averse"
mircea_popescu: <ThickAsThieves> I think it's also because all of AM is a buyer's market right now << that is so lulzy.
mircea_popescu: you know those kids that whine if their peas and their potatoes touch ?
mircea_popescu: hi sir, we here rh house only server bukkake and cuntcake
mircea_popescu: i do not have diabetes if that's what you're implying.
mircea_popescu: there's no antivirus for linux, both because the antivirus doesn't do anything and because the problem is to be solved elsewhere.
mircea_popescu: as it stands right now you can make your order and leave it in a dead drop or w/e
mircea_popescu: Namworld it's not far fetched at all. security is security, not some random facet of it you happened to latch onto.
mircea_popescu: it will however include beatings for recalcitrant students.
mircea_popescu: anyway. when i retire maybe i'll run a security university.
mircea_popescu: you're making the newbish mistake on focusing of a part of the entire thing. suppose it gives away your position.
mircea_popescu: security is a professional field. it is not opened to guesswork and opining. moreso than surgery
mircea_popescu: im definitely certain you're clueless. there are three types of attacks against encryption. brute force, analysis and side channel.
mircea_popescu: all posturing to the contrary aside, that's pretty much set in stone.
mircea_popescu: yeah but i mean... bitcoin is still not issued by anyone. nobody has any title to any bitcoin still. nothing has changed, nothing can reasonably change.
mircea_popescu: i don't think you're ready for this convo yet Namworld. take my word for it or don't, what can i say.
mircea_popescu: if you don't use your phone for it you're just doing nonsense to already encrypted stuff. value = 0.
mircea_popescu: if you use your phone for it you're using your phone for it.
mircea_popescu: that's why you don't go around slapping random things upon a security scheme
mircea_popescu: you don't see how adding a side channel would add a side channel ?
mircea_popescu: Namworld it's neither effective nor is the website model actually secure-able.