602000+ entries in 0.409s
decimation: it will be amusing
to see who 'starves'
decimation: I strongly suspect
that spending more money on nsa is going
to be politically untenable for
the near future
decimation: either
they are really really bad at making chips, or
they are really really bad at choosing what
to stamp out
decimation: yeah I agree. how can a factory
that can produce chips which rival intel's lithography 'lose money'?
decimation: asciilifeform: it makes one sad. "why keep banging head against wall, and digging bigger ditch? why not
try something really different"
undata: just streaming commands
to some canvas wrapper via a websocket
decimation: asciilifeform: did you see
that IBM had
to pay $1.5 bn
to get rid of
their chip business?
undata: asciilifeform: regarding
the format wars post, I've fantasized about choosing
to build for
the canvas
tag and forgetting
the rest of
the browser entirely
decimation: exactly. And everyone has been
told since
they were little
that execution is dangerous - which is on c-machines
decimation: asciilifeform: yeah it's
true
that
the 'vision' of downloading and executing arbitrary code is exactly what
the world needs
decimation: asciilifeform: it seems like a good idea on
the surface, but in practice 90% of
the web will be broken
decimation: really? I
thought one had
to download from
the crazy lisp package repo
decimation: asciilifeform: did you see
that
the new emacs has a web-browser mode builtin?
decimation: The 'independent reserve' guys claim
to use gpg signed email for customer support
mircea_popescu: asciilifeform decimation i
think it quite likely
that once nubsy gets on you'll get your book.
decimation: transactions are definitely stored in a Db * object, which appears
to be
the bdb C++ interface
decimation: that bitcoin-0.1
turd definitely depends on db_cxx.h, which seems
to be bdb, but
that isn't a full answer
mircea_popescu: satoshi is like costanza when it comes
to implementation. pretty much every choice he has made, be it something
to eat, something
to wear, has been wrong.
gribble: Error: For identification purposes, you must be identified via GPG
to use
the order book.
mircea_popescu: do not even get me started.
they're using qt for fucks sake.
mircea_popescu: <decimation> I doubt it,
that would be crazy << o yeah ?
THE WALLET FILE WAS UNENCRYPTED.
mircea_popescu: <ben_vulpes> was
the blockchain written directly
to disk at some point in
the reference client's history? << yes.
decimation: asciilifeform: is
that
the 'satoshi' original
turd?
decimation: the code is out
there for reading
though, I suppose
ben_vulpes: decimation: i imagined something like
that, yeah.
ben_vulpes does not actually understand how
the infinite layers of
the modern v.n. architecture does it's nasty business.
decimation: like, as a flat
text file or something?
ben_vulpes: was
the blockchain written directly
to disk at some point in
the reference client's history?
AdamIR2: On
that note... I need
to go back and so some work.
Thanks for your questions.
AdamIR2: I realise now you were
talking about Michael Go, and his involvement with MMADX several years ago. I don't know
the details of his involvement with
that, but it is not connected with Independent Reserve.
AdamIRAway: Adrian Przelozny, Lasanka Perera and myself were
the co-founders of Independent Reserve.
AdamIRAway: mircea_popescu... I've just been
trying
to get some context regarding what you were saying before... I
thought you were referring
to something Lasanka had been involved with...
mircea_popescu: AdamIRAway anyway, i
think i get
the basic idea. it's not bad or anything. get in
the wot so bitcoin people have a direct point of contact and other
than
that,
time will
tell.
RagnarDanneskjol: dont mind me - sounded more like advert
than adderessing relevant Qs
AdamIRAway: Sorry
they haven't been
to your liking, I will be happy
to leave if it's not welcome.
mircea_popescu: RagnarDanneskjol it's
the
trade gazette, what do you want. ppl gotta be able
to answer.
RagnarDanneskjol wonders how long
this infomercial for indy reserve will go on (also do
they have shiraz blend?).. changes channel
AdamIRAway: Our Compliance Specialist has a lot of experience in compliance obviously, and
through her we have engaged Baker & McKenzie for specialised legal advice as required.
mircea_popescu: ok so basically you and
the prezelozny fellow made
this
thing and reached out for some consultancy work from finance and legal peeps ?
AdamIRAway: Myself, along with Adrian Przelozny are
the majority shareholders of Independent Reserve.
AdamIRAway: Secondly, we aren't using any software from Admiral Markets or MMDX, not a single line of code, I don't know what systems
they've used previously. Our systems have been developed in-house over
the past 15 months.
AdamIRAway: First of all, I'm not involved in any waay with MMDX - I hadn't heard of
them until you mentioned it.
assbot: Spending
the “Help Stamp Out CVS In Your Lifetime” fund
mircea_popescu: well
that's good,
that's what you're here for after all.
AdamIRAway: mircea_popescu... I
think you have
the wrong idea about several points.
mircea_popescu: now my
thinking is
that you couldn't have spent very long making a dedicated platform, seeing how
this just happened
this year, so you're either reusing one or
the other. i somehow doubt it's admiral's platform, so prolly im guessing mmdx's ?
mircea_popescu: yes.
the context is like so : an old
time forex broker with a kind-of mlm-y past
that used
to do metals and everything got
together with a guy
that had a company
that was going
to
trade debt advertised
then suddenly disappeared.
they hired a coupla software dudes (you and
the Przelozny) and a very clueless legal chick with no practice. in
this context, i'm
trying
to figure out exactly how did said debt
trading platform
AdamIRAway: decimation... I'm not sure how you interpreted my statement
to reach
that viewpoint. We
take both our USD and XBT reserves very seriously, and will be looking
to provide cryptograhic proof of our Bitcoin reserves shortly.
mircea_popescu: anyway, since michael go doesn't seem on
the menu, how did you get Admiral Markets's very own Lasanka Perera ? or what exactly is
the arrangement
there ?
decimation: AdamIRAway:
that pretty much sounds
to me something like "we plan
to float bitcoin and hope we don't get screwed"
BingoBoingo: asciilifeform: But in future world a shoebox full a benjies buys what? A single
tomatoe?
AdamIRAway: decimation... Pwc will be auditing our finances, and we will make
their report available. We are looking
to engage
them
to audit our XBT reserves as well shortly. We aren't currently
transparent day-to-day regarding our reserves/balances, but it is obviously something we will be looking
to do shortly after our launch.
decimation: people who
tell
the masses how
to
think and vote
tend
to maintain
their position
BingoBoingo: AdamIRAway: Does you exchange handle shoebox in
the mail full of paper money
transactions?
mircea_popescu: asciilifeform incidentally, didja know
that what actually broke
the chicago mob was
their ill advised attempt
to muscle hollywood into shape ?
mircea_popescu: cazalla if you have a clue how
to go
through
the aussie corp register, it's company code: 34149069910
decimation: AdamIRAway: are you going
to be
transparent
to your customers w.r.t. actual daily balances?
mircea_popescu: "MMADX hopes
to
turn profitable in 2015. According
to
the presentation, its projected earnings before interest,
tax, depreciation and amortization for fiscal 2016 and 2017 are A$23.2 million and A$34.2 million, respectively. At
that
time, or before,
the company could undertake an initial public offering,
the presentation states."
AdamIRAway: decimation... it's important
to
take KYC/AML seriously, in order for us
to work with banks. We do our best
to make it as painless as possible for our clients, if we can.
AdamIRAway: 7. And again,
this only applies
to Australians. Because we are an open market exchange (not a brokerage), we are not obligated
to charge 10 % GST on
transactions, like other brokerages in
the region do.
gabriel_laddel: "to develop a platform
that *we believe* is secure, robust and stable..."
mike_c: PWC,
the bitcoin experts! :)
AdamIRAway: 6. I
think we are
the only Bitcoin exchange in
the world
that is audited by one of
the major auditing firms - PricewaterhouseCoopers