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mircea_popescu: pigeons again, the mystery miner people thought was asicminer.
mircea_popescu: are you taking some sort of microscopic dust approach ?
mircea_popescu: no piece of hardware i ever bought as new came with dust in it.
mircea_popescu: woe upon me for trying to give bitcoi nnoobs chances etc.
mircea_popescu: pigeons yes, but i consider that a sidepoint of little importance
mircea_popescu: so let's try and follow this logic see where the problems lie.
mircea_popescu: sure, for bitcoin widespread mining is the best outcome.
mircea_popescu: midnightmagic ethical != what'd be most desirable you know ?
mircea_popescu: they claimed they're selling an item, but the item didn't at the time exist. the people "pre ordering" simply made equity contributions.
mircea_popescu: this "you've financed our corp so here's a complimentary biscuit" doesn't really cut it.
mircea_popescu: the only equitable way here is for avalon to recognise everyone that paid them for rigs for their equity contribution, and distribute revenue from now on.
mircea_popescu: midnightmagic you know, you shouldn't let your preconceived notions blind you so.
mircea_popescu: i'm seriously the only one of us three seeing an issue here ?
mircea_popescu: this is the crux of the issue. community gave you teh equity,
mircea_popescu: how did avalon get their money to start this business ?
mircea_popescu: midnightmagic you're misrepresenting the issue by clinging to this sidepoint.
mircea_popescu: the appearing/dissapearing mystery miner people kept thinking was asicminer ?
mircea_popescu: i guess he's never said cunt so he must be very ethical (or just not sufficiently familiar with english)
mircea_popescu: granted, i don't go by the very superficial approach most people seem to use.
mircea_popescu: well pigeons, something like this basically : "Avalon took interest-free fiat-denominated loans from silly white westerner peoples, built their rigs, used them to mine a little (as people were reporting dust inside their units upon delivery) and eventually decided to not deliver at all anymore, just keep the miners and mine for themselves."
mircea_popescu: so you still view him as "one of the most ethical businesspeople I’ve seen in a long time" ?
mircea_popescu: because his devilish little plan was to get a bunch of people to vouch for him.
mircea_popescu: you're gonna end up running for political office i suspect.
mircea_popescu: but irrespective, how's the ngzhang integrometer these days ?
mircea_popescu: you get 5 free a week, iirc, so you can take solace in the fact that the articles quoting you are free. it's the others that go ten to the penny.
mircea_popescu: pigeons that issue has been hotly debated since last year
mircea_popescu: This is working as of March 19th 2013 and if you wish to double you can simply send any whole amount to bitcoin address:
mircea_popescu: for BOTH receiver and sender to certain bitcoin rcv address programmed into the algorithm."
mircea_popescu: "For those of you that are aware of the digital currency Bitcoin: There has been discovered an exploit that utilizes a series of computers on an "isolated from the internet" back-network that participates in intercepting the data stream where the bitcoins are circulated/stored. The backnet of PC's run a series of algorithms that have the net effect of doubling the bitcoin amount sent to certain addresses. This happens
mircea_popescu: and while some on the forum may stil lhave a little btc left, traffic is a diff matter.
mircea_popescu: obviously bitbet absent. amusingly, i imagine it's paid a good chunk of total referals ever paid in btc
mircea_popescu: i know there was one on s.mpoe but it's not going so well
mircea_popescu: pigeons i think you're on the list of paid trolls nao.
mircea_popescu: what exactly was it, peter lambert advising re sensodyne ?!