551000+ entries in 0.372s
mircea_popescu: that'd be yet another difference between me and (bpay / coinbase / derp.* etc) : not only i make money and
they make burn rate, but when i speak i speak from atop a position of significant power.
they speak out of
their ass, pretty much,not having an iota of actual influence either way.
mircea_popescu: mpex is not regulated by
the nyse, or in general by
the us. expectations
to
the contrary will result in bruised expectators.
mircea_popescu: mike_c: i suppose his point is along
the lines of "mpex controls
the coins it is holding, but account holders own
them". << quite a weak point.
gribble: nefario was last seen in #bitcoin-assets 2 years, 17 weeks, 0 days, 2 hours, 14 minutes, and 51 seconds ago: <nefario>
Those assets are not listed or
traded anymore
Adlai: although i guess
that's another one of
the lost arts
ben_vulpes: asking questions faster
than his
tiny brain and crippled fingers can keep up?
mircea_popescu: ne1 else recall
the glbse conference where nefario explained all about how he's immune
to stuff
two weeks before closing down ?
mircea_popescu: exact same
thing, in
this exact same chan,
three years ago. nefario was all "oh, we're so smart we got stallman
to come"
mircea_popescu: now
that guy doesn't know how
to erase his name from
the mess.
mircea_popescu: "we're so smart, we even got
the dean of
the cyprus uni
to come!"
Adlai: "come make us able
to sponsor
the next one
too!("
Adlai: btcmiami was all a huge signal: "look at us, we're so successful, we can sponsor all of
this!"
mircea_popescu: however, it only speaks volumes
to
those capable
to listen.
mircea_popescu: it speaks volumes as
to his own perceived value of his own "opinions" which he doesn;'t actually hold.
mircea_popescu: guy saw an opportunity
to check off
thisparticular
thing without actually doing it, and
took it.
ben_vulpes: he has
to show. has
to "try
to
talk sense into -assets"
BingoBoingo: ben_vulpes: Why do you have
to highlight
the shortcut
that was almost certainly
taken
Adlai is impressed
that gavin showed up here, but also a little puzzled - did anybody
think anybody else's opinion would change?
mircea_popescu: yeah derp claimed he can't come because he's got a lunch engagement,
then found out
that so do i so he suddenly could.
ben_vulpes: <BingoBoingo>
thestringpuller: Well ESPN says
they paid ESPN in BTC << i
thought it was a promise
to pay in btc,
the paper for which ESPN liquidated immediately
mircea_popescu: thestringpuller: mircea_popescu: pity conformal isn't better known. << how so? <<
they did all sorts of
things for "the community"
to be able
to use
their own stuff, which
the community isn't doing because... well i guess more because lazy and stupid, but hey.
mircea_popescu: reason
to not "drive adoption"
to idiots / poor people / etc.
BingoBoingo: <mircea_popescu> asciilifeform
the 2nd is particularly pernicious because of
the "good enough" approach. "what do you mean bitcoin
transactions can't be used
to identify anything ? here's a list of derps we know for a fact,
they're 50% of
the blockchain spam" << Reasons
to never use a public Electrum server for people wondering about "Lite" wallets.
mircea_popescu: asciilifeform
the 2nd is particularly pernicious because of
the "good enough" approach. "what do you mean bitcoin
transactions can't be used
to identify anything ? here's a list of derps we know for a fact,
they're 50% of
the blockchain spam"
diametric: nubbins`: so i'm being led
to believe you can produce wood
t-shirts for me now, hand carved no less.
mircea_popescu: Adlai
the exchange has no margin in an indefensible market and makes no money.
Adlai: it's just baffling how people invest in
this
mircea_popescu: at
this point listing
them on mpex should yield what, 25% of equity. because it'd definitely increase
their market value by
that much.
kakobrekla: ah yes
they plunked 10mio
to buttstamp.
Adlai: but when you withdraw bitcoin, on
the bitcoin network, you have
to specify
the amount in dollars
Adlai: this is retardation
to a new level
Adlai: they require you
to price withdrawals in dollars
mircea_popescu: asciilifeform it just has
to do with, if a bunch of nodes wake up and find you...
BingoBoingo: alf handcarves exquisite reliefs as he shapes
traffic
Adlai: yes, but keeping an idea secret doesn't prevent somebody else from executing it better
than you, while you sit around
trying
to get people
to invest in something you haven't explained
to
them
Adlai: my main problem with "mr spam" was
the high stock he placed in ideas
mircea_popescu: i have what
the dorks refer
to "Fat pipes" on a number of nodes and
they still get saturated on occasion.
mircea_popescu: jurov: now i have 40/40 , but back when i had 10mbit uplink, bitcoind sometimes saturated it <<
this is an universal experience.
mircea_popescu: asciilifeform where by 20th c state we mean, one of
those insane constructions where everyone is equal.
mircea_popescu: felipelalli: but I also found
too aggressive
the numbers of Gavin. And why do you guys hate Gavin? << you will benefit from reading
the logs, also googling "site:trilema.com gavin" might help.
mircea_popescu: chetty: <<< reading various stuffs here on
the great blockchain 'fix', I wonder whatever happened
to "If it ain't broke, don't fix it!" <<< "everyone wants
to be a developer" happened. and "everyone should get what
they want" also happened.
mircea_popescu: the
theoretical
theory was
that "Bitcoin is all nerds anyway" and so any old junk should stick.,
thestringpuller: asciilifeform: i was
telling a friend
the other night
that
the CIA/FBI acts as
the USG mafia, but won't admit
to being
the mafia. Whereas KGB/Soviets said, "Yea we're
the mob, watcha gonna do about it?"
thestringpuller: mircea_popescu:
this gives me
the impression
that...maybe
this is bitpay's handlers driving
this nonsense
mircea_popescu: point in case of
this matter, once gavin is questioned as
to why exactly he wants
to do x, and he immediately and seamlessly moves into "oh, so what's
the right value, so you want
to do X' ??" it is clear
that he is not in fact interested in what he claims
to discuss
devthedev: John Boehner opened a house session with a prayer
to Allah.
mircea_popescu: and by
the incredible
tenacity
they put into keeping it
that way'
mircea_popescu: they're
trivially identified in
the field by
the shockingly unhelpful nature of
their helpings,
Adlai: whereas my stance was
that not pitching bitcoin filters out
the people
to whom bitcoin needs
to be pitched
mircea_popescu: that
they're "investing",
that
they wiosh
to "drive adoption",
that generally
they're only
trying
to help.
Adlai had a big
tussle with a business associate about his (the other guy's) emphasis on "pitching bitcoin"
to investors
BingoBoingo: What did
the leader of America's other Socialist party do?
mircea_popescu: davout
there's a large chunk of facetious asshats who hate bitcoin just as much as
the next guy whose unearned position it
threatens. but
they figure
they get further with a spoonfull of honey
than a barrel of vinegar, and so will make
this sort of claim.
BingoBoingo: devthedev: Well you spotted it, you can
tell
the story...
davout: thestringpuller: yes it does, i have heard
that kind of bullshit first hand
devthedev: BingoBoingo: What is
this about
the head of 'Muricas other socialist party opening session with an Islamic prayer? << It makes my stomach
turn
davout: thestringpuller: i have already heard
that from potential investors,
these were shown
the door
thestringpuller: davout: yea. p. much.
Then VC comes in and says, "You may have
this much btc on book at anytime" or I guess CFO or whatever. I dunno, I'm not an accountant.
mircea_popescu: because it is a sort of insanity
that can not readily be grasped from outside.
mircea_popescu: davout have you spent any
time in
teh us corporate environment ?