log☇︎
70200+ entries in 0.864s
knotwork: As it looks like going legal could be a big whole in the law that one throws money into
mircea_popescu: and didn't the hack force the guy to wipe the equity of his investors, as he had no other resources ?
knotwork: Maybe less than 100 bitcoins as it mgiht have been before I got the bounty for helping to create DVC
knotwork: because anyone who believes bitcoin is good as collateral isnt going to want to issue a fiat denominated loan
knotwork: if I could use 500 or 600 bitcoins as collateral for a mortgage/loan I might go for it all by mtself
knotwork: maybe it will afterall still be available in november when bitcoin is $10,000 (i guess I was wrong about how long people think that might take to reach) and it will be cheaper then too as their desperation increases
kakobrekla: as long as it has lazerz
Diablo-D3: unless the machine is on you at all times and already secure, there is no such thing as a secure private key
knotwork: for me a MAJOR part of wanting my own datacentre is I dont want to refer to keys that are on third party land as "private" keys as for all I know they are not.
Diablo-D3: [11:13:26] <knotwork> There was some guy in the investments section of bitcointalk (also probably known as the greater fool section) who wanted to do a whole ten million USD datacentre with solar and such I cant recall who that was
knotwork: There was some guy in the investments section of bitcointalk (also probably known as the greater fool section) who wanted to do a whole ten million USD datacentre with solar and such I cant recall who that was
ozbot: John McAfee 'disguised as Guatemalan street hawker with a limp' - Telegraph
decimation: http://www.telegraph.co.uk/technology/news/9688101/John-McAfee-disguised-as-Guatemalan-street-hawker-with-a-limp.html
asciilifeform: as if this saved anyone
asciilifeform: lose logs, upstream isp 'forgets to lose' his - or comes up with new ones as needed.
knotwork: as to make it commercial I would need wheelshair ramps, parking for however many customers/staff and on like that
knotwork: right now I am putting in a 400 amp hookup in my country-house but but that is now going to be done as a "home business" in which I will purportedly only use 25% of the house for business
mircea_popescu: intel wants to be edgy about as much as i want to be politically correct.
asciilifeform: as discussed 3 days ago.
KRS1: I dont mind if a pizza guy has to get laid, as long as its not near my pizza.
knotwork: I could lock up 500+ bitcoins as collateral
knotwork: no bank will give me a mortgage, they dont count bitcoins as collateral
knotwork: So I figured one would want to spend at least as much fillign it with miners or whatever as one spends on buying the facility itself
knotwork: I was thinmking it could offer hosting for miners for example as one use for it. I'd want to put solar panels all over it and windmills its in mountainous area (there is ski-ing up in that part of Nova Scotia thought not year-round at least not with natural snow) so should be good for wind
knotwork: I think I might finally have a usable idea for something to float as an asset.
quellhorst: As of January 13, 2014, 28% of the 100 billion total dogecoins have been mined
pankkake: http://thenextweb.com/insider/2013/12/26/virtual-currency-dogecoin-suffers-first-hack-as-13000-is-stolen-from-an-online-wallet-service/
pankkake: as long as altcoins will be a thing…
Diablo-D3: which is ironic seeing as zfs started on solaris
Diablo-D3: pankkake: fbsd uses the same zfs code as everyone else
Diablo-D3: the zfs on linux project uses the same source code as illumos
pankkake: OpenIndinia is the open source fork of Solaris, but Solaris is still maintained by Oracle, as closed source
mircea_popescu: benkay yes, but I CHARGE, which is almost as bad.
pankkake: accounting for shares probably bothers some as most of theirs are crap/scams/lost
kakobrekla: ty, goes to mp as well.
nubbins`: paper is fine too, as long as you use the proper types
the20year: Metal embossed tape, as an alternative to paper?
the20year: What do you use as cold storage nubbins?
the20year: whats your opinion of electrum as a cold wallet nubbins?
nubbins`: i dunno, i think you're fucked if you're trusting a trezor as a cold wallet
pankkake: same appeal as a hardware pgp?
BingoBoingo: At +915 I should have went 5 BTC agaist Serena trying to break the book as opposed to the 5 ten thousandths of a BTC I actually bet, but...
BingoBoingo: mircea_popescu: I've had the IRL people refering to you as the BitKing because it helps impart a sense of scale. And helps enforce the idea that the only meaningful policy decision Obama could make would be to legalize the weed. Which would help Obama by making him less a hypocrit, but won't help Serena Williams get past Halep in the French Open.
BingoBoingo: mircea_popescu: You know last year around this time when BitBet was the first parimutuel betting site in BTC with an open database I had IRL friends referring to you as the bitking
BingoBoingo: I've actually gotten less consistent as it got older
BingoBoingo: Fuck... As someone with log files to a site that has been target before. Slashdot totally dwarfs reddit.
herbijudlestoids: "The pfSense project started in 2004 as a fork of the m0n0wall project by Chris Buechler and Scott Ullrich"
BingoBoingo: Almost as good as Kidney coins
herbijudlestoids: mircea_popescu: no dont you see how it works? as soon as i google it someone will have already got a project on github and $100,000 in funding from kickstarter
mircea_popescu: as if future millionaires got there by listening to the comment scum.
BingoBoingo: Reddit can't even think of criticism as lulzily stupid.
BingoBoingo: asciilifeform: Of course I jumped the gun. The thing is I price risk and I know Mircea's rep. When he reported it as done I count that as done enough to report.
BingoBoingo: What can I say. I am a master at not getting flagged as spam. Well, that or having been flagged as spam enough in the past for sending honest emails I've learned some shit about Bayes.
BingoBoingo: nubbins`: Handegg is something I'm indefferent to other than as a venture where pricing risk can either be lucrative or damning
BingoBoingo: Handful of window screen under the asparagus mound doesn't seem very noisy though as long as the screen gets changed every year.
benkay: please feel free to email comments in - i'll update entries as appropriate.
BingoBoingo: benkay: I just regret your blog doesn't seem to as of yet have comments enabled.
jurov: not slash, i'm pegging it as pua cooperation
KRS1: CEO..now I've got to start planning for my new position as chairman
asciilifeform: as in the dimmers commonly sold. (hence why they often buzz slightly.)
asciilifeform: as late as 40 yrs. ago, there was no way to economically regulate the current flowing through the filament
asciilifeform: white led is based on the same principle as the classic fluorescent tube ('phosphour', but with IR led instead of gas plasma for the excitation)
mircea_popescu: this is almost as much lol as the first time i got actual data as to what entertainers actually earn.
asciilifeform: in that the true craftsmen stand to profit directly from their craftsmanship, while the idiots are doing it 'as a job'
asciilifeform: mircea_popescu: as someone who works 'with' these people, i think i have a bit of a psycho-crackpot angle on their driving philosophy
asciilifeform: as a boy, i read about an 18th c. book, 'Triple Power over the Forces of Hell' ☟︎☟︎
pankkake: I don't think it used to be as separate as it is now
asciilifeform: mircea_popescu: i specifically brought up crapware as a field where a modestly clever fellow could work without answering to anyone.
nubbins`: mircea_popescu, i downloaded the printable version and read it as hard copy
nubbins`: i first read this around the time "occupy" was floundering about. had a chuckle at one point where they decry the General Assembly as essentially the worst idea ever
nubbins`: as if somebody's going to pay a $13,000 premium for a round minted last year
nubbins`: as if the face value of a coin has any bearing on its numismatic value
nubbins`: not nearly as spiffy, no
asciilifeform: 'slight' is not quite as spiffy as 'none.'
nubbins`: everyone then rushed to get their coins graded and slabbed, as if the cat wasn't already out of the bag
nubbins`: "As you can see, the chap doing the demonstration is a qualified fixed-gear rider: With no brakes, he terrorizes pedestrians by running a red light at top speed and careers into London’s Picadilly Circus. He also has the obligatory skinny pants with Kryptonite Evo-Mini D-lock in the back pocket. Rest assured: this guy is a professional."
nubbins`: ^ pretty lelly video as well as article
asciilifeform: (as good a guess as any)
asciilifeform: treat the system as a grid of very small capacitors...
nubbins`: i think the holo itself would shrivel long before the paper browns, but point remains the same. as long as you can keep the reverse (or is it obverse?) at room-ish temperature
asciilifeform: the 'btc coin' is about as interesting as those cars they had in the 1890s, the ones with... reins.
mircea_popescu: who would pay taxes in a fuckuntry where they actually believe random clerk has the same right to survive as a ceo.
mircea_popescu: i recall from my days in highschool that teh womenz mostly wanted to do again and again the same stuff as likely to show up on the bacalaureat thingee.
asciilifeform: i'm all for a little 'lustration' of physics as a field:
asciilifeform: *know* them as experts in mystifications."
nubbins`: might as well be a stack of $100 bills
nubbins`: democracy came about as a way for power-hungry low-borns to claw their way to the top
mircea_popescu: all the elements of plausible deniability as reddit imagines them.
mircea_popescu: just as long as the original fingerprint quoted in the warrant signs for it.
nubbins`: i took it to mean that S.MG would only issue the shares to an account with the same fingerprint as the SSW
mircea_popescu: it merely says X can't come and say here, i have an assigment by nubbins, on his warrant, so please accept MY pgp as a valid signature to redeem shares.
mircea_popescu: almost as if the same hand had written both.
mircea_popescu: because bitcoin payments can not be refused by the receiver, it logically follows that any published address will be treated exactly as the owner describes.
nubbins`: even something as inocuous as "feel free to donate btc to S.MG for feature improvement at 1SmgFeaturesblah1234"
mircea_popescu: there's no such thing as "direct issuance of shares"
mircea_popescu: as s.mg can not issue shares on another venue, that's what it is.
nubbins`: IPO section 3.2(b) offers 3 conditions for future share issuance; the first two conditions explicitly list MPEx as the venue, whereas the third, dealing with stock warrants, makes no mention of MPEx
rattaTATpowpow: it seems that storing them as warrants makes the most sense no?
nubbins`: one could in theory "hold" them as a pgp-signed doc stating ownership of said shares, although i'm not sure what sort of mess that would create
nubbins`: i'm admittedly not an expert in the language of fiance, but as far as i can tell, having an mpex account is not a requirement for redeeming a stock warrant