log☇︎
530900+ entries in 0.319s
mircea_popescu: just, you know, "consumers have come to expect". and they will die with that "expectation".
danielpbarron: in my extensive experience in that realm, WoT also applies
thestringpuller: pete_dushenski: yes so this is pretty much like drug dealing. or at least from my limited experience of "riding along" with drug dealers
ascii_field: ^ i can see reverse direction (btc to usd) being problematic. but usd to btc ?
mircea_popescu: and the people who aren't don't exist anyway.
mircea_popescu: pete_dushenski> thestringpuller: you can't use bitstamp ? or bitcoin-otc ? or one of those schmancy atms ? << it's bs, all of it. people can trade ~infinity btc/usd without any problems PROVIDED THEYRE IN THE WOT
pete_dushenski: thestringpuller: ok, depends on the quantity and your ability to discern dood from secret agent man
PeterL: thestringpuller: first line of your article, s/a place where transactions/a place where transactions happen
mircea_popescu: how well this works in practice... well... nothing works well in practice.
mircea_popescu: ascii_field> mircea_popescu: asciilifeform and then << the general concept being that people will find themselves under so much pressure as the thing advances, that marginals (ie, people who depend on paychecks etc) are prolly in a very weak position to participate anyway.
NewLiberty: The cop should be in the cell next to him
danielpbarron: while the mugger is at it he should get the victim to sign over deed to house and car
thestringpuller: pete_dushenski: http://qntra.net/2014/12/judge-rejects-florida-mans-bid-to-dismiss-case/ << d00d in jail for trapping bitcoin
danielpbarron: i don't get who would actually type in his password at gunpoint -- or, yet another reason to not do bitcoin from a smart phone
pete_dushenski: thestringpuller: either way, it's not illegal to sell btc, no special id required
assbot: The Last Psychiatrist: Kerouac's On The Road: The 50th Anniversary Of A Book I Had Not Read ... ( http://bit.ly/19KDnsu )
mircea_popescu: motherfucker this guy totally beat me to the punch reviewing kerouac.
pete_dushenski: that's the difference
pete_dushenski: it's basically the transportation to and from the shop, requiring "ex-military sekurity"
thestringpuller: i don't see how this point is irrelevant due to cannabis being a physical good and bitcoin being a digital good
thestringpuller: yes the inventory for coin is simpler to manage but risk of gun in face is still apparent for anything valuable...
pete_dushenski: ape the gun sellers
pete_dushenski: thestringpuller: i'm saying that a physical presence is simpler to manage for a digital asset than a physical one
fluffypony: how did I miss that
assbot: Seals with Clubs, the first Bitcoin poker room, shuts down. Funds are still safe. : Bitcoin ... ( http://bit.ly/19KBU5r )
pete_dushenski: i'm talking about btc now
thestringpuller: pete_dushenski: is this for digitized of physical fiat? i'm assuming former
pete_dushenski: thestringpuller: the cannabis example is irrelevant because of the precise physicality of the item
danielpbarron: idk how large of at trade you're talking about, but i did several deals worth several thousand dollars in otc through escrow agents
thestringpuller: because the footprint is small
thestringpuller: i'm talking of people on fringes who aren't connected strong enough to make large trades at this point
danielpbarron: people who aren't in the WoT should be concerned first with .. getting in the WoT
thestringpuller: pete_dushenski: I personally use bitcoin-otc but that's only because I have trusted people to sell me coin. For someone on fringes of this footprint who needs local fulfillment this creates the risk of "trapping".
danielpbarron: a travesty!
ascii_field works under precisely this ^ constraint
danielpbarron: i can see how draining this would be if my free time was limited to a couple hours nightly
danielpbarron: well at least i'm in the fortunate position of getting my fiat stuff done in one heavy time period, leaving the rest of the year open
thestringpuller: but the difference in resulting violence is great
thestringpuller: pete_dushenski: see the difference in mitigated risk between the overbearing nature of War on Drugs in state such a Virginia or Texas, vs say Colorado or Washington in regards to cannabis shops. Yes the risk involved in transit (large sums of money between shop and "bank", and transit of goods being guarded by ex military sekurity)
pete_dushenski: thestringpuller: you can't use bitstamp ? or bitcoin-otc ? or one of those schmancy atms ?
ascii_field: mircea_popescu: asciilifeform and then when we start hiring, we hire slaves, like anyone hiring << simply wanted to point out that all of the #b-a projects (with possible exception of kakobrekla's work) are powered a hundred percent by the fiat economy's surplus - that is, free hours of various folks involved - and to some extent are at the mercy of their day job fortunes (see, e.g., the demise of moiety)
thestringpuller: pete_dushenski: re: War on Drug << We can't buy Bitcoin without the help of Coinbase, or submitting to enemy's wishes, so alternative is to hit the streets. This is similar if not exact mentality of aspiring drug dealer wanting his own corner.
ascii_field: danielpbarron: you could find the bug in the netbsd ramdisk build script as well as i could
danielpbarron: is this something i should be able to teach myself in a reasonable amount of time?
ascii_field: danielpbarron: the netbsd kernel and userland are sufficiently compact (vs linux) to make this a worthwhile exercise ☟︎
ascii_field: danielpbarron: at present time there is no support whatoever for the eeprom in netbsd. this means that it can be used, but only if the userland (yes, all of it) is baked into a ramdisk baked into the kernel (which in turn is loaded by uboot in one shot at powerup) ☟︎
danielpbarron: i'm downloading this right now -> ftp://ftp.netbsd.org/pub/NetBSD/NetBSD-6.1/source/sets/src.tgz
ascii_field: danielpbarron: see if you are able to set up the cross-compile system (netbsd carries its own) on your box
danielpbarron: is "in-ram" the eeprom thing?
assbot: Logged on 17-02-2015 03:22:43; asciilifeform: nubbins`: what state's your beast in now << stuck on crafting the ramdisk (in-ram root fs) for netbsd. as of a week ago. haven't the time, presently, to do anything
danielpbarron: http://log.bitcoin-assets.com/?date=17-02-2015#1021759 << is this something i could be doing? ☝︎
mircea_popescu: i dunno man. that 11k the guy reported lost would have paid 1year rent + hardening measures.
pete_dushenski: or cost of the odd gunpoint robbery
pete_dushenski: cost of overhead to insure against gunpoint robberies
pete_dushenski: you could be selling an ipad and have the same thing happen
pete_dushenski: meeting people on the street to sell things will always bear this risk, regs or no regs
pete_dushenski: thestringpuller: these brokers could have a physical shop
pete_dushenski: thestringpuller: "The overbearing regulatory climate in the US for exchanging fiat for Bitcoin seems to have similar consequences as its War on Drugs." << curious how you get here logically
thestringpuller: i thought it worked for conravex?
thestringpuller: mircea_popescu: scoopbot does seem to be working fine...for nao ;)
thestringpuller: ah yes. danielpbarron it seems that way for the all the links
danielpbarron: acutally it looks like all the urls are broken
danielpbarron: " speculation of the dangers of trapping " << url broken
mircea_popescu: scoopbot seems to be working fine neh ?
scoopbot: New post on Qntra.net by thestringpuller: http://qntra.net/2015/02/the-dangers-of-bitcoin-trapping/
assbot: Logged on 20-02-2015 16:07:02; dignork: danielpbarron: me either, but most players assume that bots are evil, hence all this bot-hunting madness
Adlai: http://log.bitcoin-assets.com//?date=20-02-2015#1025966 << true pretty much in any context... they take our jobs! ☝︎
saifedean: if the thing could produce more joules than it consumes, it wouldn't need so much bezzle to keep it running
saifedean: in fact, if you think about it, you can't really even calculate a subsidy per joule, since the moronic process probably consumes more energy than it produces, so the more subsidies, the more joules are wasted!
mircea_popescu: (in the case of ethanol in the us, include ALL agricultural subsidies, not just the direct for ethanol stuff)
mircea_popescu: saifedean a particularly interesting metric, other than the 5.5bn eu / 6.5 bn us (which by now is more like 10 anyway), would be subsidy per joule.
mircea_popescu: aha. Preliminaiy version: do not quote without author permission. << ironically, only typo is in the warning
saifedean: it's february 2015 because i fixed it up just this week
nubbins`: i doubt he stopped checking the forum ;p
mircea_popescu: soo... if i want some laser handcarved items that were cut out of a log with an axe by adrunk sailor
mircea_popescu: <nubbins`> if there's one lesson bitcoin teaches people mercilessly... << exactly. "if you don;t know the owner, the thing doesn;t exist". exactly contrary to how the us currently works, all impersonal and "it's our policy" and bs.
assbot: The New White Flight - WSJ ... ( http://bit.ly/1DAMKYg )
nubbins`: now it's mostly me just antagonizing TECSHARE
nubbins`: if there's one lesson bitcoin teaches people mercilessly...
danielpbarron: not a good idea to rely on someone else's thing
danielpbarron: plus, if that ever took off i'm sure pokerstars would have killed it
danielpbarron: not that they don't have a cash game option, but it would let players rebuy without any accounting, which made linking to bitcoin impossible
danielpbarron: the reason the pokerstars homegame thing didn't work out so well is we could only do tournaments; there was no way to do cash games
mike_c: ok, i'll reserve comment until then. and you're a teleologist.
mircea_popescu: well i intend to, depending how this dignork thing works out.
mircea_popescu: the problem with teleologists is that they misstate both the problem and the solution.
mike_c: the sites already solve that. i know my friend's nicks and i can play with them if i want.
mircea_popescu: i also don't see how email will ever get enough interest if the only problem it solves ios "we'll save you the 9.95 a plastic maibox costs"
danielpbarron: weekly can be daily when we don't have to drive miles to get to the game
mike_c: mircea_popescu: not teleology, I just don't see how a poker site gets enough traffic if the only problem it solves is "we'll host your weekly poker game".
danielpbarron: and tournaments could have something like assbot to limit who can join
danielpbarron: my recommendation to Micon wasn't even to bar access based on WoT, but to just give players option to link to WoT identity so that I can make the determination myself
mike_c: idk, i am unconvinced. of course, we are assuming the solution here which mp hasn't specified.
danielpbarron: mike_c, you don't play with strangers, unless they are vouched for by someone you know
mike_c: no, that's the problem. more like 1mm.
nubbins`: <+danielpbarron> "if the pre-req for chatting on irc is being in the WoT, the chat is gonna suck" <<< *cough*
mike_c: dignork: over the long long long term only.
mircea_popescu: i had no idea you were so teleological.
dignork: mike_c: yep, it's close to impossible to get a hard proof, but statistical violations are good enough, with a very small false positives.
mike_c: you are more meant to play with strangers