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mircea_popescu: Under plea agreement discussions that were never finalized by a judge, and that occurred in February 2011 before Stuart was charged with any crime, Stuart says New York authorities pressed him to install a backdoor in his software and distribute it to clients so the data of gamblers and bookmakers could be retrieved.
mircea_popescu: Stuart asserts that New York authorities only came after him because they wanted to use him as a conduit to uncover illegal gambling operations in that state. He says the New York district attorney’s office tried to strong-arm him into a plea agreement that would have had him hacking into the systems of his software clients in order to obtain the usernames and passwords of gamblers and their bookmakers to help author
mircea_popescu: and this is so because securing webservers is complex and expensive and you really don't want to do it multiple times if it can be helped
mircea_popescu: just so my servers face the internet through a single webserver
mircea_popescu: just like your traffic at home goes through your isp's proxy
mircea_popescu: there is a webserver which is pretty well secured for this purpose, which conduits your communications.
mircea_popescu: taaki tried to get my site offline by complaining to anyone and everyone about "child porn"
mircea_popescu: the porn in question is older on the internet than btc itself, and than any other bitcoin service
mircea_popescu: StarenseN if you want to take it that way, it's proof of strength.
mircea_popescu: they owned blockexplorer cause that was kept mostly academicly, no serious effort
mircea_popescu: there;s certainly space in the market for more than one blockchain.info
mircea_popescu: "This means that the biggest risk of our project is gone and our NRE is a fruitful spend."
mircea_popescu: and the fact of the matter is they could have dealt with or w/o btcjam
mircea_popescu: i suspect pigeon's loadning to jurov will probably be half or a third of the actually repaid loans
mircea_popescu: The current repayment rate is aprox 77%, if you think dice games are better than this please stay away of peer to peer lending sites.
mircea_popescu: but to anyone suspecting this was an ellaborate ploy : if the guy is this good...
mircea_popescu: lmao teh clueless noob hasn't quite figured it out yet lol
mircea_popescu: speaking of which, if anyone wants to buy me a somethingawful account i'll pay teh btc .
mircea_popescu: the girls are majoritarily from the us but generally from all over
mircea_popescu: i even dropped the author a line let him know. so rare these days
mircea_popescu: well... admitting someone sells and someone buys simultaneously.
mircea_popescu: Bugpowder in principle it could make a million btc on 0 capital.
mircea_popescu: you can trade millions of btc's worth within the same 100btc space in principle
mircea_popescu: kakobrekla the capital needed simply reflects the widest berth mpoe bot ever takes.
mircea_popescu: it's odd cause it traded about the same # of contracts, roughly
mircea_popescu: "The problem with geologists is that they invented such a complicated language that it would be easier to understand a half-naked Papuan stepping out of a jungle in the Stone Age than a bunch of dressed-up geologists attending a conference in Vancouver or Toronto – well, unless they step out of the room to grab a beer and begin taking on mundane subjects like good bars, sports, and field equipment."