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mircea_popescu: midnightmagic right. stealing farmer's farms because they're white wasn't brutal.
mircea_popescu: midnightmagic yeah. problem is sometimes these people are experts a la taaki.
mircea_popescu: buncha niggers got uppity, kicked out the white "opressors"
mircea_popescu: people who have money are usually old. people who grok technology are usually young.
mircea_popescu: all im saying is i wouldn't participate inter alia because i have not any way of knowing this isn't the case.
mircea_popescu: now, again, im not saying this is what gmaxwell is doing
mircea_popescu: well yes, but this is a little more ellaborate than just "it's based on math"
mircea_popescu: my point is entirely that some naive party may actually be thus fooled.
mircea_popescu: which gmaxwell can :"prove" he owns by signing with his own address
mircea_popescu: privately, however, if some idiot doesn;'t know about all this, we have what may be construed as a very fat wallet G
mircea_popescu: publicly, we have the result that indeed the method is discredited.
mircea_popescu: so as to carefully construct something that by that however flawerd, nonsensical etc method WOULD APPEAR to be a single wallet, call it G
mircea_popescu: gmaxwell proposes to deliberately add together a3, b9, c4, f12 etc
mircea_popescu: so, accepting that however flawed, nonsensical or poiintless, some sort of method makes A' out of perceived interractions in the blockchain
mircea_popescu: dude, if i say "a car will move items around the surface of the earth" a discussion of combustion engines is out of place
mircea_popescu: makes no difference. for all we care it can be throwing darts.
mircea_popescu: im trying to construct the logic of this here, stay with the step we're on
mircea_popescu: midnightmagic what difference does all that make tho ?
mircea_popescu: in the sense that [1, 9, b] approximately equals the set of prime numbers.
mircea_popescu: well yeah. but it yields somehow some sort of A' approximation
mircea_popescu: There's addresses a1-an, b1-bn, ... x1-xn belonging to wallets A, B, ... X. Through tx collapse one can extract out of the blockchain what appear like wallets A', B', ... X'. These wallets will contain a number of addresses, which may or may not coincide with the proper a1-an set for A. In general it's safe to asume that A != A', but it may also be the case that A ~= A'.
mircea_popescu: but it may well be to show someone who doesn't read the forum that he has a huge wallet.
mircea_popescu: gmaxwell is trying to collect a number of addies in varying wallets into single such collapsed presumed wallets
mircea_popescu: dude, it's simple. currently people think they can group addies into wallets
mircea_popescu: the entire process actually involves an address of gmaxwell into what'd be a single collapsed identity.
mircea_popescu: thus believes this guy actually has a billionty bitcoinz
mircea_popescu: buffett has a dim understanding of taint and blockchain and doesn't read the forum
mircea_popescu: he just goes to buffett and proves to him that he owns address X
mircea_popescu: not meaning by this he is a scammer, i still think he's an idiot
mircea_popescu: midnightmagic im just saying, if i were a scammer trying to part some fiat ivnestors from their money, i'd do the exact thing he's doing.
mircea_popescu: midnightmagic you don't send the 5th 1k block till you got the 4th to your addy
mircea_popescu: midnightmagic deposit it over 500 transactions, what diff does it make to you ?
mircea_popescu: sending to 1Fx3N5iFPDQxUKhhmDJqCMmi3U8Y7gSncx and then withdrawing has the certain advantage that you're actually in a pool of 10's of k's of btc,
mircea_popescu: what do i know ? that it's really 34jk5hty895ytg9g4t's btc ?
mircea_popescu: i know nothing at all. you can create a gpg sig right now as 34jk5hty895ytg9g4t
mircea_popescu: how are you going to disentangle btc that went through the same address ?
mircea_popescu: send your btc to mpex, withdraw it, end of story. it's as anon as it will ever get.
mircea_popescu: yeah. like, for instance, privately convincing some naive people with a lot of money that you matter.
mircea_popescu: o, that thing where he's trying to create a trail showing himself to be rich ?
mircea_popescu: smickles sounds like a plan. now we know what's with all the cctv
mircea_popescu: Zimbabwe, the country that's home to some of the world's largest platinum and diamond reserves, literally has the same financial standing as a 14-year-old girl after a really good birthday party.
mircea_popescu: smickles then they're only representing that subsection of the population who'll generally do that.
mircea_popescu: smickles you're gonna hire people to fuck without telling them ?