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mircea_popescu: but the chain of dispute is very simple and efficient. let me explain it.
mircea_popescu: what's not receivable mean ? they're not negotiable instruments, no.
mircea_popescu: no more, no less. this is the most they could do, too.
mircea_popescu: signed stats do exactly what they do : they show that at time X you had Y.
mircea_popescu: one'd not give a shit about the former, and even keep most of them off the active db cause mpex doesn't need to review trade #5 at any point in november 2012
mircea_popescu: conceivably, one'd care to keep these later trimmed seeing how they're pounded possibly 1000s of times a second
mircea_popescu: BTC-Mining think for a moment, logically. in any possible implementation there'd be some dbs which hold records of what has happened. such as, who transfered what to whom, in sale or otherwise.
mircea_popescu: contact everyone on irc list to the right ask them to wipe selected lines from their logs ?
mircea_popescu: what, am i going to log into twitter and delete tweets ?
mircea_popescu: i'm not about to delete f.giga.etf entries from the historical records.
mircea_popescu: you for some reason seem to be mixing historical data with active data.
mircea_popescu: but you said yes to smickle's 30 years and i said nope
mircea_popescu: lol you know i could say "if you only asked this two hours ago" just as well :p
mircea_popescu: well, i don't think it was wasted time, something tells me this discussion will form precedent for many later discussions.
mircea_popescu: BTC-Mining lol we talked of this before, i have no way of knowing from the onset what exactly is the form that's clear to you
mircea_popescu: and i fully appreciate it may seem insane or w/e, but the fact of the matter is we are involved in very complex transactions and the only way to do all this is to do it CORRECTLY
mircea_popescu: turns out i was responsible to do it, too, cause it prevented teh crisis from compounding to some degree.
mircea_popescu: because i can't make future viewing statements on contingencies like that.
mircea_popescu: and i had to stick to "all i'll do is pass along all that's passed to me"
mircea_popescu: no, cause it's a future question and i don't know the contingencies.
mircea_popescu: now, it'll all come down to whether your claim is legitimate at thatp oint.
mircea_popescu: smickles i will (and always have) satisfy legitimate claims against myself.
mircea_popescu: but as explained above, this does not actually degrade anyone's ability to prove that they did own them at some point.
mircea_popescu: it specifically does not say what happens if they even later prove to have been mistakenly discarded as worthless (as in, are worth something).
mircea_popescu: actually what it says is "held discarded as worthless"
mircea_popescu: well or alternatively he could "sue" me on injust enrichment or w/e
mircea_popescu: (and that's why the mpex system is so good, incidentally)
mircea_popescu: there's two different things here, do you realise this ? your ability to prove that you owed X shares of Y is never going away. that's why you get stats.
mircea_popescu: which is hardly something you should be involved in ?!
mircea_popescu: so at the very least under the guise of protecting your interest you're trying to tell me how to sort my files lol
mircea_popescu: you were talking about "data being deleted". a customer wanting to push a claim would be in no worse position today, on the 5th of december 2012 or 2015
mircea_popescu: BTC-Mining it at the very least changes the customer's position not one bit.
mircea_popescu: since for instance i announced the exact time, what's to keep customers from just saving a stat ?
mircea_popescu: btw copumpkin have you noticed the "refards" signature in that email ?
mircea_popescu: smickles but at least it'd be you know... he said by today, it's not done yet... well let's give it a little and see
mircea_popescu: smickles if he had the common courtesy to say you know, on oct 1, we are closed, i expect to pay everyone by the end of this week and release data by the end of the month cause so and so problems
mircea_popescu: i wouldn't accept one day. a week's a week. fuck you, pay me.
mircea_popescu: and his employer announces that next salary will be paid in 2050
mircea_popescu: so listen, if i run a payday loan service, and i lend some guy 50 bucks for a week
mircea_popescu: BTC-Mining why do you think it matters what nefario said after the giga.etf thing was made ?
mircea_popescu: dude, what he claimed in october has no bearing on some instrument made in april does it.
mircea_popescu: at any rate find me some place nefario says "and btw, if glbse goes down i will take ~6 months to release infos" on or around april 11, 2012
mircea_popescu: BTC-Mining no such license eh. for one, how it was said it was going to be done is "instant". check out the guy's presentations at his nonference
mircea_popescu: it's for lack of absolutely any reasonable alternative.
mircea_popescu: copumpkin fwiw, i contacted his theoretical lawyer about two weeks ago.
mircea_popescu: it's how long the thing takes, not how long the thing takes nefario.
mircea_popescu: dude... there's no doctrine of "how long it takes some mentally retarded guy to pay the bill"
mircea_popescu: you know, like if you don't make the mortgage payments cause your cat was sick
mircea_popescu: BTC-Mining yes, that's the principle of the thing. when someone says they do something and then they don't do it, they get some time before being cut off