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mircea_popescu: anyone running mpex can check on this bizzare "Couldn't decode the reply from MPEx, perhaps you didn't sign the key?" error ?
mircea_popescu: there's a "bid up to X would buy so much and cost so much" command
mircea_popescu: this takes about a month and costs about half a million dollars.
mircea_popescu: thestringpuller looky. in normal commerce you go to your bank, get a loc, forward it to your supplier, signa contract, get telivery
mircea_popescu: In a scheme traced to a Russian computer and a hacker who calls himself "vorVzakone,"
mircea_popescu: this isn't consumer tho. suppose you want to buy 5 container's worth of cutlery.
mircea_popescu: instead of everyone spending millions and waiting around for months for the banks to bother moving the locs around
mircea_popescu: you're not very well equipped to think, is the problem. but otherwise, hey.
mircea_popescu: well, the problem with "enforcing" is that it takes effort. X does something stupid and now Y has to drop whatever he's doing, expend time and energy FORCING X to do the right thing ?
mircea_popescu: but i mean... a pentium 4 is worth more than 5 bux no ?!
mircea_popescu: so you know... MPOE is the financial center of lending by a fat margin.
mircea_popescu: and in any event, i don't think THE ENTIRE world of BTC paid 2k interest on deposits last month.
mircea_popescu: if someone puts 5k at 1%, someone else 2% at 3% and someone 100 btc at 25%
mircea_popescu: cause that's what bondholders ask for. its an auction model
mircea_popescu: thestringpuller well people can always put their btc in more bonds