log☇︎
667400+ entries in 0.403s
asciilifeform: and it goes to the same place.
asciilifeform: in scenario 'b', there is a 'private key' just as in 'a'
asciilifeform: BayAreaCoins: scenario 'b' - your service exists. u.s. inquisition drags a fellow away, sits him down on a sharp stake and pulls on his legs until he makes the magic phone call to $country where his coins are 'trustily' stored.
asciilifeform: BayAreaCoins: let's draw a picture. scenario 'a' - current state of the art. u.s. inquisition drags a fellow away, sits him down on a sharp stake and pulls on his legs until he coughs up his private key.
benkay: i'm just having the tiniest bit of trouble stitching this into something coherent.
asciilifeform: BayAreaCoins: or that it ever makes logical sense to trust another person with your private key
asciilifeform: BayAreaCoins: why do you believe that law will protect your customers
BayAreaCoins: Not that I've seen any confirmed cases of that, but it is a thought.
BayAreaCoins: Sadly you are going to have child labor in everything... all the way from making shoes to now mining. I don't think it can be avoided, but I think the game is swinging more toward bots... which obviously doesn't matter bot or not if it is a 5 year old running it.
benkay: <BayAreaCoins> I was talking about that human mine able one. Hopefully it doesn't turn into Child Slavery Sweatshop coin // how would it not?
BayAreaCoins: I was talking about that human mine able one. Hopefully it doesn't turn into Child Slavery Sweatshop coin :) I'm still waiting for Klu Klux Koin because I know it will get in a lot of peoples feelings :D
BayAreaCoins: and lol @ slavecoin too, I really hope it doesn't turn into that.
nam-shub_: probably the worst time to ask, but what's a two bedroom apartment cost there mp?
asciilifeform: BayAreaCoins: Off shore paper wallets with a network of trusted hedge fund attorneys around the world that are willing to hold paper wallets for clients within countries that have good privacy laws << lol, seriously think that law is a thing?
mircea_popescu: so, half liter screwdriver, made out of right-now pressed oj and 12 yo cognac ? well, about $4 for the oranges, about $3 for the b randy.
asciilifeform saw film, 'snowpiercer' - an otherwise ridiculous cheap sf flick with some good meat re: hierarchy and the nature of 'derp'
mircea_popescu: who, this ?
asciilifeform: mircea_popescu: link to the dead man (if there is a link) ?
benkay: <BayAreaCoins> haha that's the last time you'll have to do that man :) Thanks :P you got a bitcoin address for donations :P // 'course, you'll have to get rated, too.
BayAreaCoins: Who wants to make $10 a hour anyways...*rolls eyes ungratefully* :D
benkay: <BayAreaCoins> I like the mining structure and having potential to "create" jobs // oh god what is going on here
BayAreaCoins: What was your main bag that got you to that point of first retirement? I'm not trying to Q and A your ass of course
mircea_popescu: before that i was retired.
mircea_popescu: prior to that i ran romania's most read blog, a local digg like service (reddit wasn't really all that big yet).
BayAreaCoins: Feel free to tell me to get fucked, I was just wondering
BayAreaCoins: mircea_popescu what did you do prior to CryptoCurrencies? I assume you were successful prior?
BayAreaCoins: I believe she takes BTC and there are a few others too
BayAreaCoins: It's hard out there ;) hahaha (song)
mircea_popescu: do a girl a favour today! i hear money's tough.
BayAreaCoins: I'll tell a few
BayAreaCoins: haha It would be my pleasure to help :)
assbot: I’ll pay for your tits pe Trilema - Un blog de Mircea Popescu.
mircea_popescu: so then help spread the news ? im giving away .1 per head.
BayAreaCoins: I was involved with them since 2010... my profile structure is actually one of the most copied there is on MyFreeCams now
mircea_popescu: click all the img links
mircea_popescu: !s tits
BayAreaCoins: Which camwhores do you speak of or all of them in general accepting BTC for donations?
BayAreaCoins: haha is that a reference to the nickle thing too ;)
BayAreaCoins: Metric fuck ton of nickles
BayAreaCoins: I had a venture last year that made like $200,000 a nickle at a time rofl
BayAreaCoins: haha that's the last time you'll have to do that man :) Thanks :P you got a bitcoin address for donations :P
mircea_popescu: get in that wot already wouldja.
mircea_popescu: "[14-06-23 14:07:53] C-CEX: There is no Your, or my coins. I explained situation. That happens. I did not take any customer's coin."
mircea_popescu: and than steam engine.
mircea_popescu: you're acting as if security is some sort of novel thing. it's not. security is actually older than computers,
BayAreaCoins: Well unless you are fucking bullet proof you might have to blast their ass if they come in your house! :P Never mind, but good points. Thanks man
mircea_popescu: why would i shoot them personally ?!
BayAreaCoins: (? not a . on that first line)
BayAreaCoins: So you would rely 100% on your ability to shoot. I would think if I was put in that situation I would want to have a place to drop them off in case I got hit during the fire fight... that way I could leave the coins to my family or what not (like setting up a Trust)
BayAreaCoins: Right of course. I sell fire arms for bitcoin too on BTCtalk, but I only ship to America atm which probably isn't much help for you :)
mircea_popescu: "After "darkman" that find my mistake and get used of it made return of some DRK, exchange had about 250K DRK in wallet with discrepancy of about 50K DRK. Then I reversed DRK/BTC transactions made with him. After that I made another big mistake: I did not disabled withdrawals for users with negative balances."
mircea_popescu: i'd just shoot them.
BayAreaCoins: Well I suppose that is why I stumbled though here again to pick your head a bit. If you knew someone was coming to get you right now and they were going to tear your house down brick by brick searching it... where would you put your coins? (feel free to tell me to fuck off)
mircea_popescu: anyway, those of you who aren't aren't well advised to share where you hide your remaining wealth with anyone
BayAreaCoins: I did a lot of talking to billy prior to Doge-dice launch
BayAreaCoins: Billy coded DOGE and Jackson was the marketing fuckhead
BayAreaCoins: hmmm da fux... they close down shop I guess? I saw their little video leak.. I had a good chuck over that. Jackson is absolutely horrible to work with.... I like Billy a fuck of a lot more.
mircea_popescu: https://moolah.io/store/ << look at that, no more store.
BayAreaCoins: However I can assure you there are a number of us who aren't :) Don't get too down on good ole 'Murica ;)
BayAreaCoins: I think a lot of them are happy with being poor... which is disgusting.
BayAreaCoins: Obviously there is a decent demand for offshore banking, but I don't know a single one that I can set up within 10minutes from the comfort of my house and have it funded as well. Sure you can afford the flight, but you'll get laughed out of the bank.
mircea_popescu: and no, the distinction is lower than that. something like 90% of us people own 1k or less in net assets.
mircea_popescu: BayAreaCoins people who have 1/4mn can afford to fly wherever the fuck they please.
BayAreaCoins: I would make the argument that there is a C. This would be middle class people who have a bank balance >250,000 (which is what FDIC insurance here in this country) but less than $1,500,000. I think that it would be more pointed towards them because I think people between those #'s are still a bit timid.
mircea_popescu: you know, dear #bitcoin-assets, my short walk around the other freenode chans has really made me appreciate how much this chan rocks.
BayAreaCoins: I totally agree about the two people thing. Group a = Myself and group B = potential customers?
BayAreaCoins: mircea_popescu I've already contacted a few firms and they of course want to be involved for the same reason as any other law firms wants to be involved with anything.. Money. I think that group B would want to privately be involved with group A because it is better than having some FEDs come grab your lap top while you are reading in the Sci-Fi section
mircea_popescu: now why would a lawyer want to be involved with group A, and why would group B want to share with a lawyer ?
mircea_popescu: you seem to think "people" is a thing. "people" is not a thing, but at least two : the people who don't matter, and the people who, if they feel like it, fly over here, open a bank box and bang a coupla hotties the same night
BayAreaCoins: Do you not see that in Europe as much?
BayAreaCoins: I think a number of people in my country (America) are very very interested about how to bank "off shore", but they don't have the proper contacts. I believe if this was set up it would give people the ability to go off shore within a hour of deciding they wanted to (by using btc, also the extra $ flowing in isn't going to kill any of us either)
BayAreaCoins: But let me jump back to that off shore paper wallet thing really quick if you don't mind.
mircea_popescu: this has got to be the bottom of the bottomless pit of gold digging
mircea_popescu: why would a woman fiancee some 23 yo guy like that ?
mircea_popescu: "I am a 23 yr M, diagnosed Bi-Polar:NoS with a history of Mixed States. Or, in other words, I faily to cope with my body's confusion on being manic and depressed at the same time, causing an abundance of frustration that turns to almost uncontrollable anger. I currently live with my fiancee, we are to be married this year, at the end of September, I'm on permanent disability for a variety of mental incapacitates."
BayAreaCoins: Not to shaby for a months work
BayAreaCoins: Got 140BTC out of 100 million of them though about
mircea_popescu: for a total of < 1 btc ?
BayAreaCoins: LOL ooo dogecoin bahaha Thank good ole Klye and dooglus for that one :D I gave away so many millions of DOGE in JD chat.
assbot: A place for Depressed shibes to chat about things and vent
mircea_popescu: why would anyone bother with this ?
BayAreaCoins: Maybe there is something already like that that I am unaware of as well though
BayAreaCoins: Basically exactly what it sounds like. Off shore paper wallets with a network of trusted hedge fund attorneys around the world that are willing to hold paper wallets for clients within countries that have good privacy laws. Therefore giving the world the ability to chose which country they store their coins in safely.
mircea_popescu: what idea whas that again ?
BayAreaCoins: mircea_popescu so still not big on the Off Shore Paper Wallet idea either eh?!
BayAreaCoins: Kinda figured that hahaha :D
BayAreaCoins: NMC is a bitch to sync too though
BayAreaCoins: I've seen their web base browser play that will allow people to instantly start "mining" though game play. Right now to sync the wallet is... well.. fucking huge to say it nicely. Probably has the largest bloat of any coin their is.
BayAreaCoins: I'm not 100% sure, but I'm going to go a head and pass that question along as well because I'd be interest in the response. Shits n giggles ya know
mircea_popescu: in pricniple it should lower it to the security of the lowest of the two
BayAreaCoins: It has a long way to go though and some problems to be address
BayAreaCoins: I'm more interested in the mining power behind it and the networks on going security. Total supply : * 2734040 HUC Hashrate : * sha256 : 2 818.74TH/s * scrypt : 13.30GH/s
mircea_popescu: why would you suspect humans are playing the game inside the wallet ?
BayAreaCoins: www.Huntercoin.info that is the block chain. 90% of the coins are distributed via the "game" inside the wallet. To keep the network secure 5% Sha-256 and 5% Scrypt (dual merge mining.)
BayAreaCoins: mircea_popescu do you think we will continue to see this horrible trend of shit on shit?
BayAreaCoins: Only thing that is semi tough is the need for HUC to start out mining HUC. Which is a good thing too at the same time.
BayAreaCoins: I like the mining structure and having potential to "create" jobs. Which I've got my fingers cross will bring more people into the crypto currency scene. It is at least different and the devs are know.
mike_c: "a human mine-able crypto currency" you know some people around here think BTC is human mineable.
BayAreaCoins: Mostly in the Altcoin world I'm just trying to keep my holdings of HUC @ 5-10% of the O/S... I feel like ever since DOGE it has just exploded with shit on shit that is topped off with shit.
mircea_popescu: mike_c so far. you never know with these things until you get to test them