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mircea_popescu: smickles no, i just don't patronize places where idiots like gmaxwell are allowed to run wild.
mircea_popescu: mk so i have 8 confirms, i click check deposit in glbse and nothing happens
mircea_popescu: didn't kludge get burned a yet undisclosed ammt over the owens/zip/rebate fiasco recently ?
mircea_popescu: <assbot> [GLBSE] [DMC] 4 @ 0.05 = 0.2 BTC [+] wait a second. didn;t that start at 1.0 !?
mircea_popescu: patrickharnett so i guess this has the side advantage to you that you know when you'll be asked to repay : 30th of october or thereabouts.
mircea_popescu: the only difference, teek, might be that in general cdos are based on fixed rate investments, which arguably mpoe bonds aren't, or at least eskimobob so argues.
mircea_popescu: who's she ? and whether there's 2 or 18 is not really too important.
mircea_popescu: tbh i don't think there exists more secure anything than .A atm.
mircea_popescu: either mpoe or patrick would have to completely wipeout
mircea_popescu: or lese it could get hosed if people buy options and get lucky.
mircea_popescu: well mpoe bond can either not kick in (if people offer lower interest)
mircea_popescu: kakobrekla well possibly, depends on your risk profile et all.
mircea_popescu: alrighty so. ANNOUNCEMENT : introducing MPCD.A, .B and .C
mircea_popescu: see the link i sent to teek above, it's from april lol
mircea_popescu: if you wait a few minutes i'll show you the actual contract.
mircea_popescu: my ideea is that nobody currently has an inkling as to risk measurements in btc world
mircea_popescu: or things of the same reward and varying risks to arbitrage risk
mircea_popescu: teek you either mix things of the same risk and varying rewards to arbitrage reward
mircea_popescu: there must be a popped ponzi first for people to learn.
mircea_popescu: i fully understand this, and it's ap roblem, but it can't be resolved overnight.
mircea_popescu: i can't paste that with stuff doing 0.3% per week, even tho i understand that 15% pa is significant.
mircea_popescu: the ideea here is that im tranching 500 btc of mpoe bonds (yielding ~5% per month) + 500 btc of harnett's (yielding 1% per week).
mircea_popescu: if anyone knows of bond issuers that are neither pirate nor mining exposed, and owned by really well known supertrustworthy people i wanna hear.
mircea_popescu: Diablo-D3 is busy taking over mining world i gather :D
mircea_popescu: but seriously guyse, apart from patrickharnett's, what other serious banks are out there ?
mircea_popescu: then i go i wonder if it died, then something comes up
mircea_popescu: i was getting > 1 hr stale reports. it might have been my irc connection tho