435700+ entries in 0.192s
mircea_popescu: parade decides he can see a little better if he stands on tiptoes).
mircea_popescu: were irrational Gust as happens when each person watching a
mircea_popescu: tional; viewed collectively, the decisions neutralized each other and
mircea_popescu: pany's capital investment decision appeared cost-effective and ra-
mircea_popescu: for reduced prices industrywide. Viewed individually, each com-
mircea_popescu: enough companies did so, their reduced costs became the baseline
mircea_popescu: were stepping up to the same kind of expenditures and, once
mircea_popescu: illusory. Many of our competitors, both domestic and foreign,
mircea_popescu: But the promised benefits from these textile investments were
mircea_popescu: buffett has a very nice piece explaining the economics of capital intensive businesses
mircea_popescu: but the bounced cheque comparison is possibly valuable. i don't imagine anyone with a bounced cheque failed to argue he made a mistake
mircea_popescu: i'm just gonna insist that peeps step up, take btc seriously etc.
mircea_popescu: and the solution proposed is to tear it down and make something else, this time carefulyl curatedf from the general community ?
mircea_popescu: so far i'm out what, 150btcs in salaries + all the promotional effort, to make someting
mircea_popescu: what if someone were to put a novel in the blockchain ?
mircea_popescu: A novel attack against bitcoin What if someone were to put illegal information into the blockchain itself? Top secret information or magnet links for example.
mircea_popescu: If any votes are held on the underlieing asset then (if practical) a motion will
mircea_popescu: that's the first roll. iirc there's a link to the very short contitution in it
mircea_popescu: hey, you judge the case, i judge your judgement. seems logical neh ?
mircea_popescu: bullshit "claimant is always right and mp is annoying and rich" judgements i don't need a court for, they're a dime a dozen.
mircea_popescu: normally i would have loved to say yes, but under the circumstances i don't see myself signing.
mircea_popescu: it's going to be messy, and it's going to be a waste of everyone's time.
mircea_popescu: jcpham someone will sooner or later have to lift the messy rock of btc courts.
mircea_popescu: ahaha! wait, wait. these verdicts, they fail to include payment addresses.
mircea_popescu: for that matter, expectign people to be thrown in a pond supposed to be above and beyond the collected wisdom of a good third of all humans that ever lived is also a bit off.
mircea_popescu: well obviously a one case of anything is about as meaningless as any other one case of something else
mircea_popescu: once you start trying to prop things with fiat-type arches you'll collapse in fiat mess.
mircea_popescu: yeah but a large part of the appeal was the philosophical purity of its general open nature
mircea_popescu: Jan 05 22:13:53 <mircea_popescu> BUT! FOR SRS! I AM KEEPING ROUNDED SUMS! NOOBS BEWARE!
mircea_popescu: eported as profits and distributed to MPEx shareholders.
mircea_popescu: DEPOSIT|{sum}, where the sum is an integer, written in BTC (note that you can not deposit less than 10 BTC). You will be quoted an exact sum, which you must send to the exchange address (1Fx3N5iFPDQxUKhhmDJqCMmi3U8Y7gSncx). Don't round anything, the decimals are there to identify you as the beneficiary. You will be credited the full amount. Incoming Bitcoin that doesn't exactly match a quoted sum will be simply kept, r
mircea_popescu: thios was proofed like 8 times. STILL SPELLING ERRORS IN IT OMG
mircea_popescu: By defition the rightful owner of any coins is "he who can send them". If you take issue with that, please stick to fiat. You are not ready for Bitcoin yet.
mircea_popescu: 23. What will you do about stolen coins ? How will you help the rightful owner ?
mircea_popescu: Before sending the sum quoted you have to send an email containing at the very least the address you want benefits (through either the later exercise or sale of your contracts) forwarded to and the sum quoted to you. This allows you to be identified. If you fail to do this it may be impossible to ever identify you as the owner of the respective contracts/bitcoins, and so they may be forever lost.
mircea_popescu: pigeons why would i "settle before the rota" ? what bs is that?
mircea_popescu: what's unreasonable tho, is to expect me to pay the costs of doing so.
mircea_popescu: i can clearly see in retrospect how this "obvious" point was only obvious to me.
mircea_popescu: reading the above, i now regred i didn't more clearly stress the supremacy of contract point