log☇︎
662200+ entries in 0.435s
mircea_popescu: fluffypony: if this was twitter I'd hashtag that with #delusional << is the tradefortress character pulling a goat ?
cazalla: sure np, 1:30am here though, i'll be back in the morning
mircea_popescu: chetty wait, what trachery is this ? first govt cuts a deal with states then federal courts get it off the hook for its part of the deal ?
mircea_popescu: cazalla BingoBoingo's my atc broker we'll need him to be here for both. do you mind ?
chetty: A U.S. appeals court has struck down subsidies for health insurance under the Affordable Care Act in states that use federal marketplaces to buy coverage.
mircea_popescu: Pierre_Rochard: Morning cazalla. We get complaints about that one every time it shows up << what's this all aboot ?
mircea_popescu: well... it did outlive the beatles' popularity...
thickasthieves: "A pine tree planted in 2004 in a Los Angeles park in memory of former Beatle George Harrison has died after being infested by beetles."
mircea_popescu: chetty: perhaps I should have said, shouldn't be. people do manage all sorts of stupids << dun worry about it. the fuckwit has found the perfect palliative to learning how things that work work, and the submission and ego wound implicit in such learning : he's going to CREATE something that's BETTER.
mircea_popescu: cazalla: anyone want to buy 10k atc? << yes.
nubbins`: guy with the hammer is wearing rubber boots
nubbins`: he did the stations of the cross in a rural newfoundland kind of style too
nubbins`: which i believe makes him thaddeus?
nubbins`: anyway, you can't really make it out, but pascale's dad is second from the right in that painting
nubbins`: mircea_popescu honestly i was worried it'd look like "NOO" instead of "ZOO" if i separated the Os
mircea_popescu: the thing's not global in any sense tho. it's just the cheeks that are getting hot.
mircea_popescu: this progress thing's really working, no wonder the earth is warming.
nubbins`: this is set in an old newfoundland stagehouse, there's cod drying in the rafters and all kinds of old newfy stuff everywhere
mircea_popescu: chetty that's an even cheaper copy of the cheap copy.
chetty: mircea_popescu, a cheap, affordable copy that misses all the details which made it worth the while//I thought that was modern china
mircea_popescu: nubbins` imo the o's touching is bad, but what do i know.
mircea_popescu: (and yes the raphael is unsurpassed, mostly because the christian church stands with learned antiquity roughly in the position american contemporaneity stands with the learned europe of last century. a cheap, affordable copy that misses all the details which made it worth the while)
mircea_popescu: http://upload.wikimedia.org/wikipedia/commons/1/11/Giampietrino-Last-Supper-ca-1520.jpg << compare to the sweet, sweet sweetness of giampetrino's original, or with the raphael they were both trying to copy : http://upload.wikimedia.org/wikipedia/commons/9/94/Sanzio_01.jpg
nubbins`: mp that reminds me of something you'd see painted on a wall in belfast
assbot: imgur: the simple image sharer
mircea_popescu: but mostly because the fundamental problem the "painter" has with his craft manifests not only in the "people" giving the wrong vibe, but the whole scene having the wrong atmosphere. that room looks to me like an apartment building in the poor section of petrograd having an amphetamine fueled dream about itself.
mircea_popescu: not just because all the humanoid figurines seem to be really the same alien,
mircea_popescu: jurov http://www.cryptocoinsnews.com/wp-content/uploads/2014/07/The-Bitcoin-Supper.jpg << that shit's unmitigatedly ugly
assbot: Merchant Warrior - Online Payment Gateway to Accept Credit Card & Check Payments
thickasthieves: <+jurov> BLOCKCHAIN JESUS /// that's one sorry painting...
thickasthieves: <+mircea_popescu> someone or the other had introduced this option to "copy" other trader's strategy /// PAMM
chetty: of course thats one way con games work too, suck people in for a while with small 'investments'
xmj: within the trust game you just need to deposit enough money with the trust escrow to make the other party likely of investing. you'll obtain efficient outcomes.
xmj: it seems to turn out that the way to skip the homework is solved
punkman: this is quite common: if C trusts the B->A connection, but A doesn't trust B->C, then C will often "send first" as to eliminate risk for A at his expense.
chetty: fluffypony, a lot of trust is built like that, in small steps
fluffypony: just in case nobody's seen this: https://twitter.com/embee/status/416121742738739200
punkman: if the due diligence doesn't get you anywhere, then you still have other tools. The fidelity bond is a good one, insurance another... any other good examples?
fluffypony: like if the person wants to trade 0.1 BTC I'd risk it based on the mutual connection
fluffypony: chetty: yeah, it depends on the type of transaction as well
punkman: I'd rephrase that, WoT is an avenue where you do due dilligence. You trust MP enough, you can stop your search after getting the "go-ahead" from MP
chetty: exactly, and the crux is the 'good enough', a judgment call
punkman: chetty, the answer is both, but if the trust connections are good enough, you could skip the due dilligence
chetty: I trust MP, if MP says he trusts B, should I trust B or should I do my own homework?
xmj: i did not know escrow was the term i was looking for
punkman: xmj, I suppose that's when B acts as escrow
fluffypony: if this was twitter I'd hashtag that with #delusional
pankkake: "You seem to be unaware that CoinLenders and Inputs are independent. They've always quite clearly stated that there are no warranties of any kind for coins stored there, as such I do not owe you your claimed amount"
xmj: sure, that's from the perspective of A. think of it from B's perspective!
punkman: if you have an indirect connection you talk to that guy first of course
xmj: A <trust> B <trust> C. how does B leverage his bonds between B<>A and B<>C to make A <trust> C appear/
punkman: sounded like that to me
xmj: we're not talking about that situation anyway?
punkman: that doesn't create trust where there is none
xmj: A tells me they trust B, which makes me trust B through A's proxying (conditional on my estimation of A)
xmj: punkman: mostly because i work that way
Pierre_Rochard: Morning cazalla. We get complaints about that one every time it shows up
cazalla: well if it isn't the merchant meme teasing redditor Pierre_Rochard
punkman: because you like the idea?
punkman: and you can't magically make it appear out of thin air
punkman: xmj: WoT works well if you have any formal (eg software) framework for WoT'ing <- no that's exactly when WoT can fail catastrophically
assbot: How to identify trust and reciprocity
assbot: The Human Face of Game Theory: Trust and Reciprocity in Sequential Games by Catherine C. Eckel, Rick K. Wilson :: SSRN
xmj: Lucky for me there's a whole subfield of Game theory.
xmj: Science to the rescue.
chetty: (btw this is a discussion worth having imo, just in case there is a solution)
chetty: thing is blind trust gets folks in trouble all the time, how many people thought Gox was ok because everybody is using it?
pankkake: a good example would be those btc lending sites
xmj: delegation isn't the part that interests me
chetty: xmj: it does seem like in non-formal contexts iterative interaction history is the common way xmj: there has to be a better deal// seriously trust is pretty much a function that can not be delegated
xmj: there has to be a better deal.
xmj: it does seem like in non-formal contexts iterative interaction history is the common way
xmj: i've resolved to running game on -everyone-
fluffypony: I wore my DM Baar t-shirt yesterday
xmj: no, my order went through.
xmj: did you just buy the .com domain?
fluffypony: I'm down with that
pankkake: that's what linkedin is supposed to be, too
xmj: Cloud of Trust.
xmj: it's my longterm (>5 years) plan, i have time.
xmj: how do you do that in more loose (ie social) networks?
fluffypony: you trust cazalla , I trust you, I talk to you about your trust relationship with cazalla
fluffypony: cazalla wants to sell 10k ATC
xmj: fluffypony: how do i leverage that into getting you two to trust each other?
fluffypony: well that's what the WoT is for
cazalla: anyone want to buy 10k atc?
xmj: how do you instill trust -right from the start- ?
fluffypony: from which trust can be derived
fluffypony: if it's transactional, then a series of progressively larger escrowed deals establish historicity
xmj: What's the best way of trust brokering you've found so far? instilling trust between two parties that do not yet now each other directly.)
TheNewDeal: I want to see a game of life style graph
mircea_popescu: bitbet. giving the bitcoin population the sort of graphs it wants to see. since 2012.
TheNewDeal: I'm quite fairly sure I understand the greenish vs red colors. But there's also a, perhaps, darker green line as well.
TheNewDeal: what does the line indicate on the bitbet.us histograph?
TheNewDeal: animal spirits sounds tasty
asciilifeform: they're still on the roads, i'm told, in pissholes like finland.
asciilifeform: 'Instead of obtaining petrol from coal by a complicated process, it's preferable to compel certain categories of users to employ vehicles equipped with gas-generators.' << incidentally this was what 'gasenwagen' originally meant.
asciilifeform: 'The water-cooled engine will have to disappear completely.'
asciilifeform: wrong in all particular points << carefully picked for this
mircea_popescu: and it was the west (specifically, the french, that made margerine. and linoleum)