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mircea_popescu: DeaDTerra did you talk to copumpkin about buying the loan ? i think he was trying to get a refinance business going
mircea_popescu: actually, is there any evidence of matthew n wright ever paying a loan back ?
mircea_popescu: for good cause in english smart means both like wise and like what you feel on your ass after a good belting.
mircea_popescu: and everyone should. all this supporting people you aren't married to... srsly.
mircea_popescu: DeaDTerra i still don't see why you'd bother from the get go.
mircea_popescu: what i don't seem to get an answer to is if the j kenna guy paid all tradehill deposits ? or not really ?
mircea_popescu: ya BTCHero but were they people trying to be like, i dunno, property developers ?
mircea_popescu: so like 40k usd. hopefully the guy wouldn't muck up his name for a midrange car.
mircea_popescu: i dont think it's possible to make a login based exchange.
mircea_popescu: and if you trade 2.5k btc total you'll actually make it back.
mircea_popescu: but then again... it pays for support. and for a site that's not down. or slow.
mircea_popescu: took > 30 years and you can still get out at a sane discount.
mircea_popescu: the last start-up to fail cause of owner getting sick was Apple, Inc.
mircea_popescu: ColdHardMetal most irl startups fail somewhat differently from the preferred modes of btcland
mircea_popescu: no i was just saying, lif and this other failed mining venture
mircea_popescu: otherwise it becomes more and more glaring how no offerings there are older than six months.
mircea_popescu: it's sad, at this rate glbse will have to get a whole new design and launch 3.0
mircea_popescu: i'd guess he's trying to make ends meet on his magazine venture.
mircea_popescu: you should have asked about jared kenna back then Chaang-Noi
mircea_popescu: so mnw is involved in bitcoinica, with some dubious "personal loans" (says zhou) "line of credit" (says he) and also in zip/rebate/icehill ?
mircea_popescu: course i could point out that mpoe-pr was trashing him back in whenever, march
mircea_popescu: kakobrekla i think he means the matthew n wright nut with the bitcoin magazine
mircea_popescu: usagi you're prolly on solid ground to mark the respective lines as a complete loss in your book
mircea_popescu: there;'s a reason start-ups rarely sue founders, even in sv.
mircea_popescu: it still won't fix the company. so you get a car. big deal. you weren't into this to get a car.
mircea_popescu: usagi just saying, if people have a falling out contracts don't help at this level.
mircea_popescu: they're like marriage contracts. start-ups work when the people are having not sex-sex, but start-up sex.
mircea_popescu: usagi contracts are kinda useless in start-ups in my experience.
mircea_popescu: and this misplaced loyalty creating a fog around things is very detrimental to business and the btc.
mircea_popescu: usagi many of hte better services were in fact a single man endeavour or close thereby, like say bitcoincharts.
mircea_popescu: "his development team". sigh. there's not five developers half competent into bitcoin atm, what "team" ?
mircea_popescu: people should prolly draw much sharper and clearer boundries
mircea_popescu: 2. everyone's involvement is unclear especialyl as to limits till the point something goes wrong.