631500+ entries in 0.325s
mats_cd03: for anyone interested in .mil films or
trashcanistan, restrepo + korengal are excellent and worth watching
mats_cd03: good
timing, now i feel like an asshole.
kolinko: (what's
the etiquette if I'm going afk? !down
to assbot ? )
assbot: Prime Number Hide-and-Seek: How
the RSA Cipher Works
assbot: A Whirlwind
Tutorial on Creating Really
Teensy ELF Executables for Linux
gribble: nefario was last seen in #bitcoin-assets 1 year, 50 weeks, 1 day, 19 hours, 25 minutes, and 0 seconds ago: <nefario>
Those assets are not listed or
traded anymore
mircea_popescu: the chan is old enough
to have had nefario derping et all, but im not sure
that's avail on website
mircea_popescu: consider
the discussion with rithm re guruvan earlier.
mircea_popescu: thing is when you rate, you force everyone
to evaluate
things. some people precache, and do it on
the spot, some others will do it over
time.
mats_cd03: oh wait... i
think i'm referencing
the wrong
thing actually. seppeku.
mircea_popescu: mats_cd03 he has a point, look at all
the great discussion he caused.
BingoBoingo: mircea_popescu: Drunk rating, he
tripped
the paranoia alarms
kolinko: "Sucking at something is
the first step
to becoming sorta good at something" -- Jake
The Dog
kolinko: I
totally am,
that's why I came
to you guys
to
talk and learn
mats_cd03: 'Shut
the fuck up Donny, you're out of your element.'
mats_cd03: main character, an old fuck named Nucky, says
to a useless subordinate
mats_cd03: not
to be a douchebag, or anything, kolinko, but i am reminded of
this American serial Boardwalk Empire
mircea_popescu: doubt you read it, prolly exactly what you're looking for re
the btcxe
thing
mircea_popescu: anyway,
ThickAsThieves
The Strategy of Conflict, old book.
mircea_popescu: meh. guy's just jotting down random
thoughts.
they are pretty broken, but can't judge one on
that. anyway.
mircea_popescu: well gavin doesn't enjoy much of a reputation for a
thinker around here, but let's see.
mircea_popescu: los_pantalones let me guess,
the situation is
that calls you don't really know how
to price and so don't really want
to sell and puts you can price perfectly well and nobody can afford ?
mircea_popescu: kolinko you're so far making a system
that's
too hard not
to laugh at.
jurov: the most
trusted bot in
the WoT
jurov: i'd vouch for assbot
to be included
kolinko: it's not about creating a system
that's impossible
to cheat, it's about creating a system
that's
too hard
to cheat
mircea_popescu: he knows how
to make a small fortune out of
things, provided he has a large one
to start with.
mircea_popescu: could
that nut with virgin be part of it
too ? he is a businessman, after a fashion.
mircea_popescu: no
this is starting
to sound better and better. i hope
they make a mars lander.
RagnarDanneskjol: better
to go with british monarchy - at least you can find
their parents if all goes
to hell
kolinko: you wouldn't really need
to
trust
them
to handle funds, just for
them
to be unable
to conspire with eachother
mats_cd03: i can't
tell if you're
trolling anymore
mircea_popescu: after all, he recently wrote a mega-piece of us
trollery didn't he.
mircea_popescu: punkman barney frank, of "i fuck little boys" fame, comes
to mind
punkman: stepping up
the
troll game?
kolinko: no
trust in
the central authority / list creator. you'd see some folks with a high WoT rating, some bitcointalk hero members, some known businesspeople, and of course 8 of
them would be us senators.
mats_cd03: unless i have a handler
that knows where
they live, who
their friends are, where
their assets are kept,
trusting
that many individuals seems a
tricky proposition.
trusting just one is hard enough
kolinko: and
that all of
them are quite unlikely
to collude
kolinko: mats: you'd check
the list one by one, and you'd determine
that each one of
them seems reasonable
mats_cd03: and don't fucking say its because
there are 15 of
them.
mats_cd03: tell me why i would
trust even 8 of 15 folks in
this system
mircea_popescu: code in such a way you won't be ashamed
to show what you've written
to your kids or
the woman
that may potentially carry
them.
kolinko: I'm not saying
this is
the best possible solution, only
that it might be
the most practical one
mircea_popescu: "the limit some idiots put in is 15 so now i'm going
to make it part of my brain" ? what is wrong with you!
mircea_popescu: kolinko shame on you for seriously
thinking of pushing
this crap downstream, seriously now.
kolinko: mircea: 15 or 16. would have
to check it again. but yeah, seriously
jurov: now you
think
the price was not fair
mircea_popescu: srsly,
the "multisig"
thing has an arbitrary 15 limit ?
jurov: 1000s worth of option exercise based on
that
jurov: kolinko again..these 15 say "the price at
time
T is P becuase.. some bullshit"
mircea_popescu: "o i know, instead of specifying
this "hairball" we keep blaming on satoshi... how about we add... MORE MAGIC NUMBERS!!11"
mats_cd03: why not 11. come on, it works for
the judicial system in
the US!
kolinko: if you have 100 nobody will be bother
to independently verify
the list. 5 is
too few. also, 15 is a
technical limit -
the max number of sigs for bitcoin multisig wallet is 15
kolinko: mats_cd03 didn't know about
that. any link
to
the story? (or I can google)
mats_cd03: what is with you and
this magic 15 number. i don't get it
mircea_popescu: kolinko no.
the system can break itself,
too. it doesn't need a mustachioed antropomorphised enemy.
kolinko: :) well,
to really break
the system you'd need 8 of 15 conspire without
the other 7 discovering
that
mats_cd03: kolinko: funny enough,
thats how LIBOR was pegged. didya catch how LIBOR ended up rigged?
mircea_popescu: like you knolw,
two girls are a better fuck
than just one. provided
they're not insane.
kolinko: it's still more secure
than
trusting a single party
to provide
the price, isn't it?
mircea_popescu: the
thing
that annoys me most about contemporaneity is
that somehow it got convinced nothing pre ww2 ever happened. nfi why. so many excellent implementations of good solutions seem
to just vanish in
the general knowledge.
jurov: but
then
that's different
thing
than some deciding oracle
jurov: yes, if
these people can back
the fixed price
then it would go well
kolinko: i.e. each of
the 15 operators provides
the btc price, and
the average is chosen after
throwing away
the extremes
mircea_popescu: the most expensive variant is
to get actual sex and actual food.
kolinko: well,
the most expensive variant would be
to rely on humans
mircea_popescu: jurov honestly, if you actually had 15 people
that were
there assembled for merit, not just random derpage
jurov: how are
these 15 people work on untrustworthy data from exchanges?
mircea_popescu: course doing a synth option on a future is fucking
tricky.
assbot: #bitcoin-assets +m pe
Trilema - Un blog de Mircea Popescu.
mircea_popescu: los_pantalones
the eur future is actually even cheaper, arguably.
jurov: kolinko we did not solve
the exercise price yet (which was mpoe's undoing)
kolinko: some good ideas here,
thanks :)
mircea_popescu: los_pantalones bitbet is seriously not
that expensive. 1% +
time value.
kolinko: otc is hard
to do automatically/hard
to scale, or am I wrong?
mircea_popescu: all
trade relies on your conterparty not running off. but yes.
kolinko: bitbet is centralised, and
the business would have
to rely on bitbet not failing, right?
mircea_popescu: or i guess by
trading
the x.eur delivered future, if you can actually
take delivery.
The20YearIRCloud: We've kind of looked at something like
that, but offering USD denominated bonds sold via bitcoin
The20YearIRCloud: kol - it wouldn't be hard as long as you had a option
to withdraw
the USD
kolinko: such a business would require option
trading on
the backend. but how could it
trade options securely, as of
today?
mircea_popescu: experience shows girl under 30 or so has a lot of
trouble reeducating.