716400+ entries in 0.376s
HeySteve: hell maybe I'll just blog
this idea and see what happens
mircea_popescu: you can verify sigs with
the pubkey, you don;'t need
the private
danielpbarron: (i know
they want your private key, but you can use
their service without giving it
to
them)
mircea_popescu: HeySteve cheaper
than
two guys with shotguns
to back you up and a new pair of spatz every
time some
twennysomething spaz
tries
to be smart.
HeySteve: could offer buyer a discount if
they jump
through
the hoops
HeySteve: the
thing is, a LBTC sellers who got or are worried about being scammed in F2F would want it if it existed
mircea_popescu: if it were up
to
the users,
they wouldn't have
the patience for
the hambuger order either
danielpbarron: in my experience, localbitcoin users do not have
the patience
to wait for 1 confirmation, let alone learn what GPG is
HeySteve: yeah, maybe some on-site videos with excitable cartoon animals would help with
the GPG stuff
fluffypony: yeah, doesn't have
to be GPG necessarily
mircea_popescu: HeySteve actually a site like
that, WebContract or w/e, where you simply put up html forms for people
to ul
their contracts and you verify
them
fluffypony: you'll still end up with people losing
their privkeys
fluffypony: HeySteve:
the act of signing still requires a modicum of
technical ability
mircea_popescu: fluffypony it could. verify
that
the contracts are signed.
HeySteve: nothing stops LocalBTC
taking
the idea
though
danielpbarron: that way,
the BTC guy can prove
that fraud has
taken place if
the other guy
tries
to walk away after
the
transaction is broadcast
HeySteve: I wonder if it'd be worth developing a service for
this,
to make GPG contracts easier for casuals
danielpbarron: and
this really happened; so anyway, HeySteve had
the good idea
to get
the cash guy
to sign a GPG contract specifying his receiving address, before
the face-to-face meeting
mircea_popescu: danielpbarron oh i see. yep, you got a solid point
there.
danielpbarron: if
the BTC guy
tried
to grab
the headphones, it would look as if HE were
the
theif
fluffypony: mircea_popescu: requires JavaScript, it's for
the hipsters :-P
danielpbarron: there was a real case where a guy said he wanted
to sell his headphones for BTC;
they met in a place
that had a camera;
the footage showed one guy
type on his phone, and
the other guy left with his headphones
danielpbarron: or in
the case I heard about:
the headphones with which he entered
danielpbarron: since
the camera footage would show one guy
type on his phone and
the other leave with
the money he entered with
danielpbarron: the point of
the contract is
to prevent
the scammer from pretending no deal was supposed
to
take place
HeySteve: I'm
thinking in Bitcoin-trendy places like Kreuzberg
that shops accepting BTC would provide
this service
mircea_popescu: HeySteve sure, if you find people willing
to post videos on
themselves on your blog, you may have something.
mircea_popescu: ;;later
tell benkay` "Quixotic damn mission.
There are years of fraudulent insanity buried in
that forum, and after
two weeks of cataloging
the madness had
to
take
the project out back and shoot it in
the head for fear I'd come down with whatever disease is infecting
the brains of
those who seek
to
throw
their hard-won bitcoins at unknown entities across
the internet. " <<
that
then makes
two for you eh ?
HeySteve: well, any recording where cash is clearly handed over will have some value as evidence,
the contract being
the evidence of bitcoin
transferral
mircea_popescu: that's akin
to
the matter of finding a girl
that menstruates pearls.
HeySteve: ah well
then it's just a matter of finding a bitcoin-friendly bank
that loves helping
the public :D
mircea_popescu: the difference'd be
that while
the bank cam can be used in court, random joe blow does not get a copy
mircea_popescu: yes well
there's a difference between a bank and a coffee shop.
HeySteve: I've read an account of where it was done, I
think LocalBitcoins got involved. was either a bank or coffee shop
HeySteve: wherever
they might choose
to meet
that has Big Brother around
HeySteve: I had an idea
to improve security of f2f
trades: beforehand buyer signs a contract stating his receiving address. if
the buyer gets
the coins but doesn't pay (as per security cam),
theft is on record
mircea_popescu: the founders,
the angels,
the board members,
the vcs
that signed sheets.
mircea_popescu: and
the ny da needs
to step up and slap charges on everyone involved.
mircea_popescu: no.
the sec needs
to step up and have
the shit delisted,
fluffypony: landlords need
to step up and start nailing
tenants who use Airbnb
mircea_popescu: yes. including
the parts of
the world where airbnb domiciles.
fluffypony: aren't
there hospitality licenses/requirements?
fluffypony: I'm pretty sure I'd need
to get some sort of special license for
that in parts of
the world
mircea_popescu: which results in 3829 people staying
there over 3 years.
mircea_popescu: fluffypony how about you sublet half a duplex
to some schmuck
fluffypony: thestringpuller: also I don't know if you know
this, but BBVA (Spanish bank who bought Simple.com) are pro-Bitcoin, so maybe
there will be some interesting integration sometime
mircea_popescu: if ycombinator is allowed
to do
this, why aren't
the crime families ?
mircea_popescu: who
the fuck heard of
this, "build an alleged business on explicitly and directly requiring people
to break
the law, require
them
to not
talk about it and
then list on
the nyse"
fluffypony: I'd hate
to have random people I don't know and have never spoken
to staying in my house whilst I'm not
there
mircea_popescu: that
the SEC is not probing it simply speaks of how
the SEC is more of an instrument of private interest
than any sort of justice.
mircea_popescu: between
the "you gotta break your lease
to use our site" and
the "you can't
talk
to your customers as per our rules",
the whole
thing should be illegal.
fluffypony: thestringpuller: just read your Airbnb
thing,
they sound
truly retarded
mircea_popescu: ;;later
tell benkay` "I rapidly came
to understand
that
the space compromised of people working on Bitcoin" you mean comprised ?
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cgcardona_: ah yes i see. how very cool.
that site blew my mind
the first
time I saw it.
cgcardona_: now part of MPex? (Still putting pieces
together)
cgcardona_: wow i didn't realize you made
the berkshire bet
ozbot: An inventory of a prison pe
Trilema - Un blog de Mircea Popescu.
mircea_popescu: cgcardona_ funny cause i had just written an article about exactly
this
cgcardona_: so ass backwards
the way
the US acts about online gambling
thestringpuller: Baseball is a good excuse
to gather I say. At least for us Americans lol
BingoBoingo: A kind of mini conference for
those of us awaiting
the gasenwagen as asciilifeform says.
BingoBoingo: Or
the bleachers, depending who is swinging hot.
BingoBoingo: The baseball game might have
to happen sometime before october ends
thestringpuller: Damn BingoBoingo I need
to
treat you
to a baseball game
this summer.
BingoBoingo: I
think one of
the big factors crippling fiat businesses is easy access
to leverage. Lets operations learn
to be weak.
thestringpuller: this is
the exact reason fiat businesses will die, and I have learned
that
tonight
thestringpuller: It's quite perplexing. If
this experience were ocurring with a Bitcoin business
this instant...it would definitively be a scam...
thestringpuller: yea but as you can see I just re read
the AirBnb one and commented on my recent experience