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mircea_popescu: bgupta i like the part where they're hashing. i dislike the part where i suspect they're lieing.
mircea_popescu: toffoo well, suppose you got a hot chick ready and willing and you kept her waiting february to april because you couldn't find a place.
mircea_popescu: that's nonsense news. "sometime in the indefinite future BIG NUMBERS"
mircea_popescu: i'd fire him in such a way he's never hired again by anyone anywhere.
mircea_popescu: if i had an ops manager who had the equivalent of asics waiting in boxes for ~2 months i wouldn't just fire him
mircea_popescu: toffoo lemme know if he answers anything worth the mention then.
mircea_popescu: (at the time nyt joined trilema had been charging for content for > a year. it's really the first publisher on the web to do it)
mircea_popescu: toffoo no. actually there's an artcile mocking the newcomer nyt for their failure
mircea_popescu: it's a gentle reminder that if you read somebody's stuff daily perhaps you should pay a centy
mircea_popescu: they're just symptoms of a generalised attempt to make the world more like "it should be"
mircea_popescu: bgupta nah, it's that "well meaning" and "polite" idiots are tring to enmesh their _mistaken_ assumptions into the very world they inhabit.
mircea_popescu: much like a gun will shoot at a child, puppy, policeman or president as well as it will shoot at a bank robber, rapist etc
mircea_popescu: the standard must mesh on reality, and the standard must specifically allow things that are illegal.
mircea_popescu: for one, mixing regulation and standard is possibly the one point where american idiocy shines.
mircea_popescu: basically we have mpex ; havelock/bf/btct ; icbit/bitfinex/picostocks/bitbillions/whatever was the other two or three shits
mircea_popescu: exactly the sort of thing bitcoin-geeks implement instead of testing the bitcoin client
mircea_popescu: basically, it;s a bulky impractical geeky solution to a problem that doesn't really exist.
mircea_popescu: benkay im not using them because i don't see the benefit really.
mircea_popescu: instead of going directly and catching who knows what.
mircea_popescu: so as a measure of safety, you fuck him and he fucks her
mircea_popescu: like, say your best friend has a sister, and you don't know her.
mircea_popescu: Bowjob you;'re in good company, i have no idea wtf that means either.
mircea_popescu: Bugpowder its impossible to send to an invalid address
mircea_popescu: ya but i mean someone could just put 5 btc at 1mn usd in the book
mircea_popescu: the point is to stabilise the bitcoin macroeconomy, not wreck it.
mircea_popescu: the idea is NOT that you swarm in, make 5000 options, then leave, then swarm in later.
mircea_popescu: the idea is that you do 5000 trades a month but never wider than 500, so you put up collateral for 500.
mircea_popescu: you put up the collateral for an option, you've paid the fare, now you can buy/sell it as many times as you want.
mircea_popescu: the approach for the retail user is to buy long puts/calls, not to sell shorts.
mircea_popescu: it's not very likely to be added, no. option underwriting is a business, not a casual endeavour.
mircea_popescu: there's not a way to get collateral back before end of month atm, no.
mircea_popescu: damientrog it had some crazy months so people came to expect it i guess
mircea_popescu: anyone here want to make an open-source bitcoin gambling platform ?
mircea_popescu: damientrog possibly cause this will be a low div month