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
mircea_popescu: because it's not fixed, because
the bet event can resolve at any given
time,
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.
chetty: if you do it a hundred
times it is,
takes
time and effort
to clean up
jurov: me sending something
to expired addy is in no way harming bitbet
jurov: in bitbet case, both can easily be
treated in
the same way
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.
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
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"
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
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: my efforts here are
to explore whether each of your 3 aspects are an economy
themselves
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
mircea_popescu: in a much softer sense
than before,
this'd be practical.
mircea_popescu: the fact
that
the points do not conserve.
think of a medium of exchange as a family.
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: 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: "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: 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.
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
ThickAsThieves: first,
the gazette does not require identification in your definition
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.