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mircea_popescu: for instance, irl an exchanger is bled try in taxes and reg costs, but also protected, because you need a license to do it.
mircea_popescu: and also because irl currency exchanges are in a much better relation to the respective govts
mircea_popescu: no but i mean, exchange house makes x, stock exchange makes y
mircea_popescu: ok. do you see how one of them would compare to the stock exchange ?
mircea_popescu: Lyspooner do you even have currency exchanges in your country ? as an independent business i mean
mircea_popescu: <jurov> cause mircea is exponential <<< lol phrase of the year.
mircea_popescu: for anyone that still remembers april times tho... it was a really scary time to be in bitcoin.
mircea_popescu: was an episode earlier like 30-40k contracts were bought
mircea_popescu: jurov but i think in a world where absolutely NO OTHER measure exists or is used, this measure, flawed as it may be, is much better.
mircea_popescu: but anyway : obviously the value of all items in btc will be more than the total btc.
mircea_popescu: why do you think 14k bitcoins aren't enough to extrapolate based on ?
mircea_popescu: ;;later tell btc-mining i think it is your obligation to your investors to help prosecute the scammer.
mircea_popescu: Reward-Drop ETA: 2012-11-29 00:03:55 (2 weeks, 4 days, 1 hour, 40 minutes)
mircea_popescu: this is actually getting to look kinda like the real deal huh
mircea_popescu: "smickles you say ?! MOAR LIEK SCAMKES!!! BAN HJIM!!!!"
mircea_popescu: but hey, it did the same thing to smickles at some point
mircea_popescu: didn't you get a multi-trillion options position at some point in a db desync ?
mircea_popescu: (ie, you are using the loan denomination to eat your btc-collapse risks)
mircea_popescu: EskimoBob for sure it only makes sense if you're doing btc stuff.
mircea_popescu: if they consider 100 applications in one month you owe them say 50`000 btc.
mircea_popescu: the credit officer is the person working for the lender that says yes or no to an application.