70800+ entries in 0.918s
ThickAsThieves: "Today Bitcoin China (BTC China) formally launched a new product, "currency lock" - the most secure online bitcoin wallet. "Currency lock" the safest way to store the user's offline Bitcoin, a process known
as cold storage, it can ensure that your wallet will not be stolen by hackers online. Your "money locked" account we have bank-level security protection. In the future, China Bitcoin
Vexual: oh yeah its not
as easy
as it sounds
BingoBoingo: I'm inclined to take 1981
as the birth of the capital "I" internet though the technologies have been brewing longer. It is when shit went public.
BingoBoingo: 1969 or 1981 depending on which networks whould be counted
as Internet proper and not that Goofy intelligence leak the Air Force ran
KRS|Gotyawallet: Bitcoin has not taken off
as a transactional currency and is further undermined by the fact that the majority of Bitcoin owners hoard e-coins. The more hoarded the less available to buy goods and services and spur economic growth.
BingoBoingo: KRS|Gotyawallet: That article basically reads
as 'Murica can't bitcoin so I hate Bitcoin
Vexual: you sure get all english
as a second language when you don't like the content smidge
nubbins`: yeah, they're selling them at the show
as merch
Vexual: nice, i really like it just
as the first colour even
Vexual: did it provide a model of a frame of reference where light only behaves
as a wave and shit?
deadweasel: ha, the family, mildy entertaining. i'm pretty sure
as US citizens, we are allowed blow up foreign groceries.
mircea_popescu: than actually anything
as meaningfully nefarious
as the post implies.
KRS|Gotyawallet: i can mine an alt coin and have twice
as many bitcoins in the same amount of time
as mining bitcoin, selling them at an exchange
the20year2: I am the majority shareholder in the company, there is also a 15% management fee that comes into place. In order to comply with US tax laws, I take my dividends + management fee
as salary
the20year2: We'll qualify for most US crowdfunding and DPO laws next year
as we're bringing a accounting firm into the mix in Janurary when we have our first book audit
Duffer1: registered
as a company is different from being registered with the SEC (making it legal for you to distribute shares)
the20year2: the BTC appreciation is another ball game and hard for me to personally value. When everything was running on bitfunder decently, our values kept doing well, even
as BTC/USD started to gain
the20year2: I've had 3rd parties assess the liquidation value
as well
as my own value estimates since I've been in the business of evaluating properties for every large financial firm in the US
mircea_popescu: <Duffer1> chat is just
as useless, just less spammy << lol
Duffer1: chat is just
as useless, just less spammy
mircea_popescu: i guess this dethrones roger ver
as Bitcoin Jesus of the Used Computer Parts ?
BingoBoingo: Never know when you might find a Kardashian
as opposed to an actual foreigner
mircea_popescu: or, for the earlier example, anyone who imagines a lower court us judge has the authority to detain strauss, and the testimony of a hotel maid can serve
as basis for such
mircea_popescu: benkay anyone who believes that, to quote asciilifeform's earlier quoted article, "the U.S. government expects laws to be followed by everyone in the USA" may translate
as hassling a foreign high class person
benkay: your lessons
as always appreciated.
mircea_popescu: "Viewed individually, each company's capital investment decision appeared cost-effective and rational; viewed collectively, the decisions neutralized each other and were irrational, just
as happens when each person watching a parade decides he can see a little better if he stands on tiptoes."
nubbins`: benkay: the people buying mining hardware are falling over themselves trying to get it hashing
as fast
as possible, so they maximize their returns
xoinfinityox: so accepting that fact
as true, where is the real war?
benkay: or even ever,
as a part of the thing?
nubbins`: it encourages people to get the hashrate climbing
as fast
as fucking possible
monolithik: yeah he is pretty terrible
as a spokesperson. But his code is good
mircea_popescu: resulting in untrustworthy btc conveyance for
as long
as their 51% position lasts
bloctoc: …if the power goes out, we go back to cave - yes crypto or no crypto that's true. Same argument for breaking SHA256.
As far
as crowdsource law it will be nice to see some template corporations that get set up by copy/paste instead of paying a lawyer $10K to copy/paste. For what it's worth, I do think the smart contracts will do that for us.
skylax: bloctoc: I suppose the efficiency of crypto will erase many of worthless industries, but crowdsource law is pretty complex and unreliable so some kind of institution will still be present, if somehow someone made crowdsourced law work, then this method would be used in all legal fields such
as commercial law and criminal law etc. Also to mention crypto if heavily technology dependent, if the power goes out, we go back to cave
BingoBoingo: asciilifeform: I imagine few consumer things being
as loud
as a Netburst era Pentium 4, for most definitions of loud.
mike_c: so the good news,
as far
as i can tell, is that you have to be decrypting a known, specially crafted message.
the20year2: Yes and no, from his standpoint we can do it,
as long
as we attempt to set in place a measure to limit/keep US citizens from investing
the20year2: I'm asking this specifically in terms of doing this with backing up coins
as a specific set interest in income producing real estate here in the US , then trying to figure a viable way to pay back coin holders interest
benkay: trading rally is categorized
as an event/development which will absorb funds to bring about
Namworld: It doesn't fade into background noise since it doesn't last long enough. And it doesn't alternates often enough to appear
as a single noise.
Vexual: those guys can see the seat
as they skin a thick swathe
Vexual: lamborghini is better than ferrari beacuase they havew blind tractor mechanics
as old
as the hills working by ear
amidvidy:
as Immanuel Kant once said, if the answer isn't googleable, the question isn't worth asking
amidvidy: I guess I believe that the problem *can* be solved technologically. Just
as bitcoin was a better technological solution than say, the Liberty Dollar
BingoBoingo: amidvidy: In most of those cases it wasn't so much a takedown
as they surrended...
kakobrekla: i belive it was slanderous soul,
as dully noted in the feedback shrani.si/f/z/L3/oFmb4zW/trust.png
topace: all responses also now contain an 'apirate' parameter, which, the entire time i was code, read
as "api rate", but just
as i finished, i looked back and went "yarrrrrrrrr a pirate!"
mircea_popescu: in case you're wondering, i've just written an article about painful underwear, and
as a result read up some feminist blogs. that shit's such a self-parody...
dexX7: KRS-: my advise is to use the lows to buy more und relax, enjoy the journey and keep in mind that your goal right now should be to get
as many coins
as possible, not usd
BingoBoingo: fiat500:
As a counter example backwards compatibility has crippled x86 for most of its histoy.
benkay: asciilifeform: i attended a talk on a google product this evening (that strongly resembles javascript but isn't in some not so subtle ways) and when i asked the presenter about managing different versions of libs on one computer was told that such was just never considered
as a use case.
mircea_popescu: In November 2010, teenage Moroccan belly dancer and alleged prostitute Karima El Mahroug (better known
as "Ruby Rubacuori") claimed to have been given $10,000 by Berlusconi at parties at his private villas. The girl told prosecutors in Milan that these events were like orgies where Berlusconi and 20 young women performed an African-style ritual known
as the "bunga bunga" in the nude.
mircea_popescu: is an Italian politician, entrepreneur, media tycoon, frequent criminal defendant and convicted tax evader who served three times
as Prime Minister of Italy
mircea_popescu: if you're gonna do that may
as well just make it the thing, let people trade shares.
mike_c: then its the same
as mpex
mike_c: you have to refund I guess. I'm on bitbet, i say "i want 10btc of dems at up to 0.2 per share". You generate an address and in your DB mark it
as a limit order at 0.2. if you can only fill 5btc of it you have to send the other 5 back..
mircea_popescu: then
as long
as the odds are 10:1 or less i am safe buying 10 btc each side, cheap shares
mike_c: you get half
as many
as the 0.7 has
mike_c:
as would this. you are buying shares in dems. later, money comes in on reps, your intrinsic share value goes up
mike_c: wag: you would get about
as many shares
as 0.7 has (if 0.7 was on dems)
mircea_popescu: besides, btc makes us about 5000x
as powerful
as fiat ever was
mike_c: steep curves late are the same
as early closing imo
mircea_popescu: Vexual it's where people seem to think they do a lot better at predicting outcomes
as time goes by
mircea_popescu: will hit even in 300 days of constant difficulty. also known
as never.
mircea_popescu: seems the usual overreaction. no such thing happened
as far
as anyone knows
mircea_popescu: and moreover he has the means to go delta neutral
as he has ready access to a spot market.
lyspooner: i could bankrupt davout by buying several instances of 1 euro from davout, holding them to expiration and having him wire me 1 eur at
as many bank accounts
as i have contracts
nubbins`: i can recall trading cad:usd at like 1.4:1 before going on vacation
as a kid
BingoBoingo: benkay: Well You can spec a Turing complete language on a napkin in the bar. What takes time is building an implementation that runs on something. For most applications now, the various *nix's are going to be the best things available. If you want to write a new future of computing though instead of inventing Urbit someone could have just
as well made a *nix that only offered
as a Userland GNU Guile. It seems to me the Closest thi
BingoBoingo: benkay: There is a distinct difference between badness and sadness
as a question of being different kinds of properties.
nubbins`: i guess never really occurred to me,
as i've only done the opposite
benkay: almost
as odd
as physical bitcoins, eh?
mircea_popescu: since he runs gribble there's some sense to this (
as grible could reasonably use his rating to see the world)
Duffer1: they might
as well be a scam
pankkake: mircea_popescu: I've been accused to do that. same
as mining
Duffer1: even if you do know what it's about, it's very unlikely to outperform btc itself
as an investment
jurov: but since it's CAD-denominated, it's
as good
as scam
jurov: they frame it
as "exchange for real shares registered in alberta"
sundun_: azoo sure. they reorganised
as a entity run by "no one", recently. after which they allowed their largest company (virtex) to simply walk away from the investors 12:57:29mircea_popescu:collected >4k btc this year, paid no dividends, is now gone.
mircea_popescu: well inasmuch
as they don't really work for that which they are for, arguably it doesn't matter.
mircea_popescu:
as all cognitive tests, the one proposed measures more the bias of the tester than the subject.
nubbins`: aha, the one guy referred to mp+-pr
as "shim"