530700+ entries in 2.548s
mircea_popescu: if you're
the roller
type, keep numerous, market scaling of power.
mircea_popescu: asciilifeform depends. if you're
the homebody sort, keep 2-3 girls, marked economy of scale.
mircea_popescu: <NewLiberty> ^^ yes, my friend
that does
this has household expenses >US$50K per month. <<
that's a decent dozen o' slavegirls.
mircea_popescu: <ascii_field> danielpbarron: but a random person off
the street cannot enter
that world simply by asking. << you know
this is actually a great idea for a movie.
mike_c: seems
they've been having a lot of
trouble lately
assbot: It's so strange
that you don't remember any of your poetry.
gribble: Bitstamp BTCUSD
ticker | Best bid: 245.58, Best ask: 245.9, Bid-ask spread: 0.32000, Last
trade: 244.9, 24 hour volume: 9358.73386673, 24 hour low: 239.41, 24 hour high: 249.32, 24 hour vwap: 244.90114208
NewLiberty: Also a lawyer, and owns law firms full of folks
to keep him out of problems.
NewLiberty: ^^ yes, my friend
that does
this has household expenses >US$50K per month. Not your average person on
the street.
ascii_field: danielpbarron: but a random person off
the street cannot enter
that world simply by asking.
ascii_field: danielpbarron: yes!
they have. by being part of social networks
that are empire-in-empire
danielpbarron: haven't mobsters been dealing with
this problem since.. always?
ascii_field: and risk being billed again and again for other imagined
tax liabilities
jurov: i was
thinking you just need
to prove where you got
the dough
mircea_popescu: this is getting
to gnarled up
to be approached. i'm out.
danielpbarron understands
that most of
the
things worth buying are heavily watched and regulated in
the USSA
ascii_field: granted, i am possibly
the only one here who understands why
this can be an insurmountable problem
ascii_field: the basic problem
that remains unsolved is -what
to do with
the usd-
danielpbarron: i gave my bank manager a "paper wallet" one
time;
they
think i'm some crazy, but mostly harmless, coin collector
ascii_field: but
to be fair i
thought we were still speaking of btc-for-100kusd-spent-elsewhere
trick
NewLiberty: Sure,
the presumption is
that you do it as a pawn shop.
ascii_field: NewLiberty: under
the book-length morass of regulations pertaining
to pawn shops where i live
mircea_popescu: ascii_field
the problem you espouse is entirely of your own imagination.
NewLiberty: It sounds like a good business idea
though. Send your bitcoin
to bitcoinpawn, get some fiat loan with it as collateral. Pay back
the fiat with interest
to reclaim your bitcoins. Miss a payment and you have
to buy
them back at
the retail price.
ascii_field: (if you have someone appropriate in your meatspace wot, why would you be going
to a pawn shop ?_
ascii_field: what's
the diff << if you mention bitcoin in a pawn shop here, and aren't
thrown out as a nut, you're dealing with -an individual- rather
than an institution under any kind of legal constraint
mats: jurov: dunno why
the page is down. bright side,
the content of
those links are easily google-able
jurov: bank can fuck you
too, what's
the diff?
jurov: and how is he going
to fuck you?
jurov: why?
they can't get MSC-registered?
ascii_field: i mean, you could
talk
to some arbitrary pawn shop fella about it, but if he fucks you - you will have no recourse
ascii_field: not without having
the first or second marketeer i'd run into be a usg stooge set up for precisely
this kind of harvesting
ascii_field: so i couldn't go
there for any amount of money
ascii_field: i can only speak for myself, but -no one in my meatspace wot- is any kind of route whatsoever into
that world
NewLiberty: They give secured loans with
the arbitrary stuff of value as collateral. When
the borrower doesn't pay
the stuff is sold.
ascii_field: the pawn shops we have here are more or less
the farthest
thing from
the actual healthy black market (which is, i'm
told, vast, but a n00b has no way whatsoever
to safely connect
to it, which was my original point)
ascii_field: the idea, as i understand, is
that price is slowly lowered (as debt carries on) until
the
thing is gone
ascii_field: except
that everything inside is priced
to avoid ever selling
ascii_field: yes
they exist here. regulated as
tightly as gun shops (in fact,
the
two are often combined into one establishment)
mircea_popescu: go
to buy "really
thick glass" , "you mean bulletproof ?" "yuah
that's
ti!"
ascii_field looks for 'washington dc black market but not
the usg stoolies' phone book
mircea_popescu: to any functioning suchshop. "o wow,
they have really
thick glass and
they make me put
the stuff in
that roller
thing"
jurov: lmao "How do I stop
the bees getting
to
the honey while it’s draining out of
the Flow™ hive?"
mircea_popescu: ascii_field really ?! a sane person can learn
them by... going
there.
ascii_field: they involve being part of a social network (in
the old meatspace sense)
ascii_field: mircea_popescu:
the countermeasures aren't usually something a clever person can learn from reading books
[]bot: Bet placed: 3 BTC for No on "Bitcoin
to drop under $100 before April"
http://bitbet.us/bet/1108/ Odds: 10(Y):90(N) by coin, 13(Y):87(N) by weight.
Total bet: 19.93457636 BTC. Current weight: 44,198.
mircea_popescu: but i didn't mean "the world" per se. i just mean, idiots
try
to rob a bookie, goes nowhere. why not ?
cazalla: jurov, and i don't mean your use of it as a metaphor but
the
thing itself has me interested
jurov: cazalla not saying it's a bad idea. just "such a bezzle!" came
to mind
ascii_field: and picture what happens if someone who grew up with virtually no social skills were
to attempt
to find a way into world of 'snatch' (much less actually work
there)
mircea_popescu: people work as
tellers in pond shops for minimum wage.
there's no big deal humint involved.
ascii_field: in
that yes, one skilled in meatspace 'humint' can safely do a 100k
trade
cazalla: mircea_popescu, i wonder just how much
the cops would be willing
to pay if ransomware maker crafted it specifically for gov depts and not at home users
ascii_field: re: earlier
thread: somewhat reminiscent of
the 'sling dope'
thread on mircea_popescu's www
[]bot: Bet placed: 2 BTC for No on "BTC
to
top $500 before 1st May"
http://bitbet.us/bet/1120/ Odds: 22(Y):78(N) by coin, 23(Y):77(N) by weight.
Total bet: 4.60099479 BTC. Current weight: 95,091.
dignork: mircea_popescu: wawert is
the guy I mentioned
to you earlier
mircea_popescu: lol great story bro, except... "gimme your valuables". what's so revolutionary
there ?
mircea_popescu: "Bitcoin,
the
technology
that’s meant
to revolutionize
the way we
think of money, is simultaneously revolutionizing
the way we get mugged."
mircea_popescu: <ascii_field> it's one of
those faux loopholes
that's really a honeypot << so
turn it on at obama's girlfriend's house.
ascii_field: point was
trying
to make was
that mass economics (e.g. weed) are not applicable
to ultra-niche affair where
there are maybe
three people in a continent who can even begin
to attempt $task
mircea_popescu: ascii_field> but
that
the intersection of folks who -have-
the problem, and
those able
to solve it, is
thus far zero <<
this is merely an artefact of your own perspective, is my story an' im stickig
to it.
Adlai: A popular story is
told about Adlai Stevenson (1900-1965) when he was running for president in 1952 (or in 1956). Someone heard Stevenson’s impressive speech and said, “Every
thinking person in America will be voting for you.” Stevenson replied, “I’m afraid
that won’t do—I need a majority.”
The20YearIRCloud: Just about, granted I
think what happens is
they require personal financial statements from a person during
the proceeding, and he declared ~$40k worth of stock
The20YearIRCloud: especially with
this new down
time,
the problem is what
to do
to give investors liquidity
mike_c: have you given any further
thought
to unwinding from havelock?
mike_c: heh.
that must have been interesting for
the court. "see, i have units in a fund of
this panamaian company
that has shares in
this other company"
mike_c: wait, were RENT shares actually mentioned in
the court proceedings? or just a general order.
The20YearIRCloud: It was, court gave one of our largest shareholders a few months
to sell all his stock which led
to
the price being in a slump for quite some
time, now it's all worked
through and
the price can at least have a chance
to rise
The20YearIRCloud: The big
thing was working
through
the bankrupt shareholder(s)
that were forced
to liquidate, it
took seemingly forever
to work
through
them
mike_c: about double from ipo. not
too shabby.
The20YearIRCloud: Business is good, just have one vacancy on a house we just finished, other
than
that
things seem
to be doing well
assbot: The eagle never lost so much
time as when he submitted
to learn from
the crow.
mike_c: how's business? stock price seems
to be rising.
mike_c: he switched
to slack. it's irc from silicon valley.