log☇︎
720200+ entries in 0.384s
ThickAsThieves: but the testingunodostres example does still ring sour
ThickAsThieves: that's actually the best argument ive heard for the arbitrary aspect so far
mircea_popescu: the interval between where the bet event unexpectedly took place and the time when the mod got around to closing the bet is by its nature variable
ThickAsThieves: but it is closed at one specific time
mircea_popescu: whereas the moderators are human beings.
mircea_popescu: because it's not fixed, because the bet event can resolve at any given time,
ThickAsThieves: why not publish a fixed time, like 10min before close
ThickAsThieves: (in this context)
ThickAsThieves: so the only cirumstance for refund is if it's just before closing?
mircea_popescu: currently it works like so : if your bet makes it on bitbet after the bet is closed, it goes to dividends. if your bet makes it before it's closed but after an arbitrary time selected by bitbet mods, you get it back minus 1%
ThickAsThieves: what's the current rule, if you miss closing you get a refund, if you miss resolution yer fucked?
davout: jurov: the rationale is that if you count as valid bets that were sent very close to the time limit, and refund those who confirmed slightly after, you're creating an incentive to cheat since failure at cheating isn't punished
mircea_popescu: which is improper, it's not your place to make that decision. it's bitbet's.
mircea_popescu: it is harming it in ways you decide to neglect.
chetty: if you do it a hundred times it is, takes time and effort to clean up
mircea_popescu: that's not actually true.
jurov: me sending something to expired addy is in no way harming bitbet
mircea_popescu: all things can easily be treated in the same way
jurov: in bitbet case, both can easily be treated in the same way
mircea_popescu: i kinda have the same feeling
ThickAsThieves: i feel like i missed the beginning of this conversation
chetty: there is a difference between error and attempt to cheat ...
mircea_popescu: has it become common sense that if you run over someone you back your car up ?
jurov: you clearly label that as improvement
jurov: i don';t see how abandoning that notion is an improvement
jurov: well.. that bitbet thing... if someone transferred money in error, it has become common sense to return them
ThickAsThieves: i think my personal !up rule will be, I will up you on your first day, or if you are in mobile situations, otherwise, get with the program
cgcardona_: thank you sir. I authed w/ gribble. guess I forgot to !up
benkay: give it three decades.
joecool: and everyone hates that system
joecool: last i checked we were still using troy ounces for gold
mircea_popescu: people arguing about how bitcoin will be obsoleted by "better tech", like that w3c muppet are mostly talking out of their ears.
mircea_popescu: well, at least some of them.
chetty: hmm bitcoin actually helps point out all the bad queens that have been mapped around over the years
mircea_popescu: similarly, the fiat interdiction on theft, or the bizarre expectations of forumers (whoi mostly live in fiat, cause they're not smart enough for their culture to be programmable by themselves), indignant at hao dares bitbet not "refund"
mircea_popescu: in this sense, the fiat taboo on counterfitting is nonsensical, but we didn't notice this to be the case until bitcoin mapped better on the actual reality.
mircea_popescu: it's nonsense to see such a rule in poker, per se. but in the context, as they're trying to map shit to a deck of cards, it makes sense. the change is due to the flaw.
mircea_popescu: like, "but you only get 2/3 of the pot if you win it with a qh" or w/e.
mircea_popescu: so if they're playing poker with bad cards (say, easy to recognise the queen of hearts) they may cut the queen of hearts game utility.
mircea_popescu: they're obviously in no sense unfair, but they do break the mapping, which is undesirable.
mircea_popescu: much like kids playing insta-ban specific behaviours they perceive as "unfair"
mircea_popescu: but the theory predicts that specific changes will be observable to reduce or mitigate the damage due to the particular vulnerabilities.
mircea_popescu: and an important point is : practical implementations will be more or less neatly mapped on the theoretical requirements. they may still function
jurov: https://www.youtube.com/watch?v=reyt3uiQqI8 <<< my impression of thickasthieves' arguing
mircea_popescu: benkay just the moe in order to be a moe.
ThickAsThieves: rather than sit there and go "oh cool, long live mircea!"
benkay: or do things increase the size of the pie?
ThickAsThieves: i also want to demonstrate to others in public so they may be motivated to do a better job than me at prodding it
benkay: do economies have to conserve over time?
mircea_popescu: it's to be expected we'd live in a world of gashes and slashes for a while.
mircea_popescu: currently the entire thing is "hey guise, check out this shit i made. i call it... a box cutter. it cuts everything"
mircea_popescu: surely. it's a good thing.
ThickAsThieves: it's also possible identifying these all as economies may help distill/evolve the overall theory
mircea_popescu: "The Bureau of Prisons views any bartering among prisoners as fishy" << funny, seeing how they trade is mostly macks.
mircea_popescu: they're separated in theory, like your pulse and blood pressure are separate
mircea_popescu: they don't have to be separate in practice
ThickAsThieves: like, why are the gazette and forum even separate things?
ThickAsThieves: and if one is not an economy whether that can polish the theory
ThickAsThieves: and in doing do, learn more about how they interact
ThickAsThieves: my efforts here are to explore whether each of your 3 aspects are an economy themselves
thestringpuller: i come back to read "forum is economy"
ThickAsThieves: so that's 2 out of 3
mircea_popescu: then you technically can argue this is a moe.
mircea_popescu: i guess if your wotcoin actually works so that every user gets 10 coins for every other user present
ThickAsThieves: it is, for lack of a better term, perfectly and dynamically balanced
ThickAsThieves: thats why the economy has special rules
mircea_popescu: in a much softer sense than before, this'd be practical.
mircea_popescu: you got any idea what n! computes to ?
mircea_popescu: and each new user that joins creates n! coins ?
ThickAsThieves: if it was killed, you couldnt give back to me
ThickAsThieves: you can give it back to me right?
ThickAsThieves: you took it back
mircea_popescu: while you can take kids or give them away
mircea_popescu: the fact that the points do not conserve. think of a medium of exchange as a family.
ThickAsThieves: i missed the specific fault
ThickAsThieves: so the fact that they can be taken back is where it breaks or?
mircea_popescu: kinda why doge is a dodgy scam : cause their coins don't conserve.
mircea_popescu: if they don't conserve, they're not a moe.
mircea_popescu: but your proposition was that the rating points are the moe.
ThickAsThieves: under the arrangement that you may also take them back
ThickAsThieves: each user may spend them on each other specific user only
ThickAsThieves: the system doesnt need to track them visibly because the system allocates for each ouser in it
mircea_popescu: ThickAsThieves well so where are they ?
mircea_popescu: "About 150 soldiers from the 173rd Infantry Brigade Combat Team (Airborne), based in Italy, are heading to each of four countries — Poland, Lithuania, Latvia and Estonia — in rotational deployments that the Pentagon says will be sustained until further notice." herp.
ThickAsThieves: you took them from me
mircea_popescu: well, if i unrate you now, where do the points go ?
ThickAsThieves: but didnt i cover that?
mircea_popescu: you familiar with the conservation of energy ?
ThickAsThieves: hmm maybe i dont fully understand the conserving over time aspect
mircea_popescu: outrageous. i hope the police catches up with them and gives them what for.
cgcardona_: wow thats some url slug
ozbot: Europol director warns of paedophiles using Bitcoin to view webcams | Mail Online
chetty: oh hey, they up the ante on why btc is bad
mircea_popescu: ThickAsThieves 3.it conserves over time.
ThickAsThieves: first, the gazette does not require identification in your definition
mircea_popescu: benkay that's ocmplicated.
ThickAsThieves: also, i'm with jurov, i see some weakness in the gazette/forum definitions and separation
ThickAsThieves: furthermore, <+mircea_popescu> ThickAsThieves but any ounce of gold stays an ounce of gold permanently. where do your rating points go when they go ? /// where is it in your theory that this matters?
assbot: Voicing tyrion70 for 30 minutes.
jurov: !up tyrion70