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mircea_popescu: (as well as in your backups, if you're downloading the mpex backups with any frequency)
mircea_popescu: anyone can keep the stat saying "x F.GIGA" for as long as they think it's worth it.
mircea_popescu: BTC-Mining i can't delete "all data" man. the signed stats will forever exist.
mircea_popescu: 6 months "without sight" ? what if the bloke pulls a strateman, drops by every season on btctalk to post a trollface ?
mircea_popescu: smickles i didn't want to do it, i asked at the time to keep it private, but eventually didn't want to cause trouble.
mircea_popescu: sgornick i originally had them directly, but then all pre-ipo holdings were transformed into glbse shares
mircea_popescu: i mean, FOREVER is off the table. now, how long is reasonable ?
mircea_popescu: BTC-Mining yes, but in order to have a deadline you have to have a deadline
mircea_popescu: this is mostly cause i announced that giga.etf goes away on dec 1st if it's not fixed
mircea_popescu: i mean, at first few days cause it might take some time to recombobulate the data
mircea_popescu: BTC-Mining i still don't understand why would he not have issued the assets, if he's gonna do it.
mircea_popescu: maybe he wants satoshi pairs sent to special mating addresses where they can multiply, what do i know.
mircea_popescu: so for clarity, you agree with the principle, but disagree with the interval ?
mircea_popescu: how do we count that ? was it oct 1st ? or with goat ? or with yest when it finally went offline ?
mircea_popescu: well so i said it's kept a month, you want it to be kept two. am i correct in inferring that at least in principle you don't see a problem, and you mostly dispute the actual time interval ?
mircea_popescu: kuzetsa i own the exchange glbse was trying to compete with.
mircea_popescu: maybe a couple of weeks, if it was REALLY involved and complex and needed loads of research
mircea_popescu: look, i have in fact hired lawyers in this life, i'm not talking out of imagination.
mircea_popescu: i thought you were all against mixing fact and fiction.
mircea_popescu: half the glbse shareholders are pretty much lieing scumbags, as it came out.
mircea_popescu: even though this was not specifically written out in thecontract, a set interval of time will be allowed for recovery
mircea_popescu: i mean... maybe he decides to give us all candy, in the future. it's possible, why not.
mircea_popescu: i still don't see how any of this makes any sense or amounts to an actual challenge
mircea_popescu: nefario could in fact have released all the data in question in half the time we took discussing his idiocy so far.
mircea_popescu: that more time could conceivably helpand thus is a right ?
mircea_popescu: but do you actually claim that objectively the time needed to retrieve the data is in the months rather than minutes scale ?
mircea_popescu: no, i do not. i think the weekly thing is unconscionable.
mircea_popescu: since the very reason you gave for faster payment periods was ease of handling the data
mircea_popescu: it's not like he has to dig out records from a 5mn folders pile of paper.
mircea_popescu: so you are literally telling me that it takes two months to do a couple sql queries on nefario's end ?
mircea_popescu: if "allows income and sharing of it much faster" that'd seem on the face that it... allows... things...moving...faster.
mircea_popescu: but the asset has in fact already missed something like 5 or 6 dividend payments, correct ?
mircea_popescu: your irl broker will move on after 10 dividend periods, aka a decade irl. mpex moves on after 10 dividend periods, aka 2 months irl.
mircea_popescu: now, i haven't DONE THIS FIRST, but announced it with ample time in advance exactly so as to have the opportunity for this sort of conversation
mircea_popescu: time moves at a different pace here, as proven by the fact dividends are not paid yearly.
mircea_popescu: will you be surprised if your broker says, after a few years/a decade, "sorry" and moves on ?
mircea_popescu: so, to fix your example : if a rain of meteors obliterates the nyse, and each and all scrap of trace of the existance, chain of custody and so forth of an asset
mircea_popescu: but you are familiar with the circumstance that the nyse merely trades, there's clearing houses and depositary isntitutions which actually hold the shares and settle/clear the transactions
mircea_popescu: sure, they're desperately needed, but unfortunately did not exist.
mircea_popescu: with glbse, nefario == glbse == the shares. there's no way to actually make these distinctions you'd like
mircea_popescu: this is true of mpex, yes, because mpex is correctly designed
mircea_popescu: The shares were traded on GLBSE. But GLBSE was never the ship. << what's this, cognitive dissonance 101 ?
mircea_popescu: there's sufficient reference to "owning shares" to satisfy this point.