42900+ entries in 0.442s

mircea_popescu:
http://log.bitcoin-assets.com/?date=14-03-2016#1432792 << perhaps the darkest voodoo involved in all of this, and one which i openly confess i struggled with for the entire interval and never managed to even comprehend let alone do a iota towards breaking was - that there seemed to be ~infinite ammount of bitcoin ready to COVER bets, but very little interest to fund them. somehow, for some reason, even with the strict
☝︎ mircea_popescu:
http://log.bitcoin-assets.com/?date=14-03-2016#1432761 << it's entirely unclear to me what you think this'd do. let's work an example. you sign up for one of those newfangled internet thingees. provider sells you it, you meet the girl of your dreams in australia, keep in daily email touch. provider hikes the rate. you... what, go to a judge, to order the provider to charge you less ? not something the judge can do - an
☝︎ mircea_popescu:
http://log.bitcoin-assets.com/?date=14-03-2016#1432744 << this is a complicated proposition. the traditional avenue of the dedicated tramp is to join a group, liberally fuck anyone but the alpha of that group, insist that the alpha marry her. this presses a very strict choice on the alpha that's not trivially resolved - if he kills her everyone else loses a fuckdoll ; if he marries her he's fucked, not only stuck with
☝︎☟︎ mircea_popescu:
http://log.bitcoin-assets.com/?date=14-03-2016#1432731 << this idea seems good in theory. in practice, this is exactly never happening. easier to understand why not, is to understand why there IS something categorically preventing a market in women ; like a supermarket where you go buy one. the ones that are above average have no incentive to participate - see the discussion about lemon laws and the death spiral except
☝︎ mircea_popescu: asciilifeform> phf: they never quite got to this point
<< i dun think this was the case either intended or implied.
assbot: Logged on 14-03-2016 16:20:43; mircea_popescu:
http://log.bitcoin-assets.com/?date=14-03-2016#1432065 << if you wish to help the receiver along through donating all/part of the work in a publicly verifiable manner, that is your privilege and i am sure will be appreciated by the beneficiaries who they may be.
thestringpuller: phf: so zero assets is obviously an oversight
<< since corporation doesn't hold any cash outside of "day to day operations" and all profit is distributed, dealing with credit is tricky. what if company needs to buy a foo-machine but is too expensive to book as a one time expense?
assbot: Logged on 14-03-2016 19:34:02; mircea_popescu: asciilifeform>
<< just how deeply in the red ~was~ bbet, if we consider this ..?
<< i dunno man, how much for a night with my slave of your choice ? for me she'll do it for free, you she will not even consider. and this speaks to phf's and other's q as to why assets weren't on the books since they can be trivially enumerated : yes they can be ; but they can't be VALUED. what's the accounting value of
mircea_popescu: solrodar> they chose not to charge it to the company, therefore it didn't count
<< this is correct. but he's welcome to consider counterfactuals also. just - shouldn't expect me to present factuals for counterfactuals, should write his own story himself!
mircea_popescu: asciilifeform>
<< just how deeply in the red ~was~ bbet, if we consider this ..?
<< i dunno man, how much for a night with my slave of your choice ? for me she'll do it for free, you she will not even consider. and this speaks to phf's and other's q as to why assets weren't on the books since they can be trivially enumerated : yes they can be ; but they can't be VALUED. what's the accounting value of bitbet codebase ?
☟︎ mircea_popescu: asciilifeform> this is the historic norm, when there was no blockchain, only stone knives and bearskins.
<< yeah, and guess why.
mircea_popescu: asciilifeform> which is, to define 'being paid in btc' as 'be shown a valid tx that pays you'
<< o no fucking way jesus christ.
mircea_popescu: asciilifeform> mircea_popescu described the high-S thing as noncontroversial
<< wasn't that the other one ?
mircea_popescu: i have nfi how it works, and imho it actually matters for making sense of the observations.
<< the problem here is that complete transparency can not be achieved for practical reasons. if it could have been, have no doubt i would have preferred to this "under my seal" report avenue.
☟︎ mats:
http://log.b-a.link/?date=14-03-2016#1432527 << as i've been reading it, the 17btc is still in dispute? i don't want to be in the position of resolving this, but i'd be happy to audit whatever coins still reside in s.bbet public (or not) addresses and publish results
assbot: Logged on 14-03-2016 18:39:24; mircea_popescu: asciilifeform> and possibly he is now cured of it.
<<< amusingly - quite on the contrary! ~you~ had that notion, and appeared to stick to it even in the face of my pointing out that this arrangement is not stable, and only the miners could possibily be running the show.
mircea_popescu: asciilifeform> and possibly he is now cured of it.
<<< amusingly - quite on the contrary! ~you~ had that notion, and appeared to stick to it even in the face of my pointing out that this arrangement is not stable, and only the miners could possibily be running the show.
☟︎ mircea_popescu: asciilifeform> and don't need a 'speaker for.'
<<< the problem with the democrat's mind is that he's been ruined by low effort "success" and so will forever be seeking this fantasy of a "silent electorate" to propel him through a life without labour.
mircea_popescu: asciilifeform> nubbins`: or was the idea
<< or possibly the system that worked well for s.dice was simply carried forward, with not enough thought given to the matter. "hey, it's also gambling".
nubbins`:
<+phf>nubbins`: it's a shame that you chose this approach for your denouncement. some people are here (myself, maybe ascii) not to make money, but to fuck around with novel ways of doing things
<<< nothing about what i did prevents this from continuing.
mircea_popescu:
http://log.bitcoin-assets.com/?date=14-03-2016#1432210 << so basically we have a community full of people who confuse "voice of sanity" and "people on tilt" liberally, and by and large is willing to "discuss" everything from this arm's length position of "whatever, as long as we're spending other people's money here's what we think", but by and large can't do anything AT ALL ?
☝︎ gribble: cazalla was last seen in #bitcoin-assets 3 days, 10 hours, 37 minutes, and 29 seconds ago:
<cazalla> (which in a round about way, probably is ha)
assbot: Logged on 13-03-2016 21:02:11; ben_vulpes: "I will simply consider the matter moot."
<< and keep bettor funds if no receiver steps forward?
assbot: Logged on 14-03-2016 10:20:24; mircea_popescu: ascii_field> anyone else here read the lee sedol games?
<< i've looked through.
mircea_popescu: punkman> would that 100btc have to come out of bet money?
<< what 100 btc ?
mircea_popescu: xm2hi> yeah, and about the ecosystem that Mircea has created. impressive records.
<< - >> ascii_field>
<< there will be maxint of these now won't there.
mircea_popescu: pete_dushenski> mircea_popescu: does the bbet receiver have the authority to determine the cut-off date for acceptable wager resolutions and to refund any bets submitted but deemed "too far away" for the receiver to reasonably hold the funds in escrow ? or is this line in the sand to be drawn by you and kakobrekla ?
<< in general this'd be the receiver's authority. a reasonable path is you know, get the domain, put up
mircea_popescu:
<ascii_field> was that the one where operator turned out to be
<< yes, with the reserve these ex post facto "turned out to be" things deserve.
mircea_popescu: ascii_field> anyone else here read the lee sedol games?
<< i've looked through.
☟︎ mod6:
<+ascii_field> from under every rock.
<< yes, im sure.
pete_dushenski: "Incentive problems arise due to the presence of asymmetric information or imperfect commitment, which lead agents to act according to their own biases or preferences rather than in the interest of the organization"
<< timely
gribble: mike_c was last seen in #bitcoin-assets 18 weeks, 2 days, 20 hours, 12 minutes, and 31 seconds ago:
<mike_c> let's get that thing out the door and get alf some goddamn bitcoin already
ben_vulpes: "I will simply consider the matter moot."
<< and keep bettor funds if no receiver steps forward?
☟︎☟︎ mircea_popescu: ascii_field> bbet long pre-dates my study of mircea_popescutronics, and i have nfi
<<< it's not terribly clear to me either, after all these years.
assbot: Logged on 13-03-2016 18:51:57; danielpbarron: jurov> i wonder what alf will do
<< lemme try and fill in while he's away : mega-snore! ubuntu, the winbl0wz of linux, thought it could make a smart-f0ne when obviously the mobile world is for usg-blessed corps
danielpbarron: jurov> i wonder what alf will do
<< lemme try and fill in while he's away : mega-snore! ubuntu, the winbl0wz of linux, thought it could make a smart-f0ne when obviously the mobile world is for usg-blessed corps
☟︎ BingoBoingo:
<mircea_popescu> BingoBoingo i have nfi what's going on with those two articles. they don't even make sense.
<< I'll get to cutting
assbot: Logged on 13-03-2016 13:38:44; mircea_popescu: fluffypony> danielpbarron: it's his strategy
<<< well, makes perfect sense. 3-2 win looks a lot better than 5-0 win, sez google pr.