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mircea_popescu: jborkl i think he's trying to make sense of that position.
mircea_popescu: the only shoulds here are the devs should stfu and fix bitcoind.
mircea_popescu: nobody has license to come out with the sort of bullshit "shoulds"
mircea_popescu: dub the only thing that's going to break it is pseudo-governmental posturing.
mircea_popescu: as long as it's useful for something, that's what it's for.
mircea_popescu: moreover, who the fuck said what the blockchain is for ?
mircea_popescu: the day we go in the marketplace with a workable solution that would crtumble amex
mircea_popescu: thinking in terms of "you" and pretending to be involved in bitcoin is the ultimate lulz.
mircea_popescu: the reason you cash out after every bet is that there's no "you"
mircea_popescu: dub mpex uses the blockchain for accounting a different way.
mircea_popescu: some people were on a kick of "bitbet should charge less"
mircea_popescu: yeah, sure, i'm not keeping 10k worth of pipe as a hot and ready to go backup, i admit
mircea_popescu: that the bot later was w/o a feed cause mtgox went bananas is a diff story
mircea_popescu: just the fact that traders could close > 50k btc worth of option positions normally whiole mpex was being ddosed to hell
mircea_popescu: jborkl the only disputer was, "will it be government or not"
mircea_popescu: proving that mpex can't be effectually attacked is part of the game
mircea_popescu: understand : this was planned for. sooner or later someone was going to attack mpex.
mircea_popescu: im too busy to investigate exactly wtf happned to them right now
mircea_popescu: this of course has no bearing on the new pipe coming online.
mircea_popescu: in the middle of installing gear so might not be the best time
mircea_popescu: and contrary to what everyone thinks, great ideas also need sane management to get anywhere.
mircea_popescu: you can take a string and encrypt it with mpex key right now
mircea_popescu: mod6 listen, the pastebins would be encrypted with mpex key
mircea_popescu: but if someone breaks pgp in 2049, what do they get ? a lot of BUY|S.BLABLA|350|45000 ?
mircea_popescu: yes. read up the chat i just explained it 5 minutes ago
mircea_popescu: all you have to do is take urls from people and feed them into server as pgp strings
mircea_popescu: imsaguy yeah. last i talked to nanotube he was like "i don't want this in production handling opm"
mircea_popescu: (and i don't think they have enough to cope, but maybe)
mircea_popescu: imsaguy the alternative is handle mpex trades by email.