log☇︎
720300+ entries in 0.359s
ThickAsThieves: in fact, don't people do things at times strictly for the points?
mircea_popescu: otherwise they form and dissolve naturally.
mircea_popescu: benkay no. they're only bad if they dominate
ozbot: Istoria unui proiect online pe Trilema - Un blog de Mircea Popescu.
ThickAsThieves: it's not a typical economy, cuz it has allocation idiosyncracies, but i'm not sure if that disqualifies it
benkay: are collusive rings in these content farms necessarily a bad thing?
ozbot: Sa desenam cu fain pe Trilema - Un blog de Mircea Popescu.
mircea_popescu: http://trilema.com/2011/sa-desenam-cu-fain/ same thing, earlier
ozbot: Activitatea utilizatorilor pe fain pe Trilema - Un blog de Mircea Popescu.
ThickAsThieves: if they take them away, they still exist
ThickAsThieves: my rating points are held by every user that hasnt given them to me yet
mircea_popescu: ThickAsThieves but any ounce of gold stays an ounce of gold permanently. where do your rating points go when they go ?
benkay: mircea_popescu: i assume the normal 'upvoting rings' developed and existed?
jurov: i'd extend a punishment gazette with 3. shared protocol and then maybe public forum can be simplified away
ThickAsThieves: <+mircea_popescu> so no, that's what it is : it isn't a wot because it can't be /// well i can accumulate points no? and at any given time, a maximum amount can be had, and every time a user joins anew, the system inflates to accommodate
mircea_popescu: not so hard to distinguish machines from humans if your machine has a stable with many humans
mircea_popescu: prop sauce, but basically it leveraged individual actions to evaluate everyone else's.
benkay: wow well extravagant claims etc. how'd you do that?
mircea_popescu: it drove most of .ro traffic at some point.
mircea_popescu: benkay for years before and some time during bitcoin i had a romanian language digg style thing.
ThickAsThieves: <+mircea_popescu> <ThickAsThieves> i have a feeling though, this theory will end up distilling into one that already exists << kinda cxurious about this myself. /// one thing it reminds me of is your basic escrow deal
mircea_popescu: so no, that's what it is : it isn't a wot because it can't be
mircea_popescu: ThickAsThieves this is what someone was proposing at conference, when i introduced fain
ThickAsThieves: you cant create them
ThickAsThieves: every user has 40 points they can work with, unto any other user
mircea_popescu: neither are fiat bills (not in the sense of the physical bill, but in the sense of it being authorised, it'll get reprinted, and trhe bill is that trademark that spawns the authirisation)
ThickAsThieves: what might be the medium of exchange in the WoT? Rating points, right?
jurov: yes that's the protocol that must be agreed upon
mircea_popescu: <jurov> hmmm but it does not allow negative ratings << 0 to 20, -10 to 10, no diff.
ThickAsThieves: (bitcoin and the WoT)
mircea_popescu: <ThickAsThieves> i have a feeling though, this theory will end up distilling into one that already exists << kinda cxurious about this myself.
ThickAsThieves: if the WoT is decentralized, and has verification methods, signing, identities, etc, and bitcoin also does, they start to converge in their features
mircea_popescu: <ThickAsThieves> bitcoins being the medium, blockchain the gazette, mining the forum? << it's a very limited economy at that, but i guess so.
ThickAsThieves: no requirement to be timely in your rating
jurov: no that was my objection to using current bitcoin blockchain
ThickAsThieves: jurov that's also not a requirement of the theory as stated
ThickAsThieves: is the gazette also an economy?
jurov: okay, my another objection is that rating is not done at the same time as transaction
ThickAsThieves: well just use the WoT for reference
chetty: if the judgement is individual isnt the choice of information source also individual?
ThickAsThieves: as in the gazette now wants to be decentalized, like bitcoin
ThickAsThieves: it's interesting to me to see how much the 3 separate elements would/could function as economies themselves, and how their traits might converge
ThickAsThieves: and we do have a source for extra-info, the bitcoin software
ThickAsThieves: [16:26] <+jurov> we need extra-blockchain information to assess them /// do we? each address may function as a user/reputation
ThickAsThieves: you may express you think it should be piked
ThickAsThieves: and then those would then be interpreted separately by any individual user
ThickAsThieves: "punishment" in its terms are merely individually given
ThickAsThieves: it only requires communicating the actions punishable
ThickAsThieves: first, the theory doesnt require consensus judgment and punishment (head on pike)
ThickAsThieves: (note i'm taking this position for sake of the debate, i have no conclusion)
jurov: you need karpeles' head on the pike plus public record what he did
jurov: you won't get useful info whether to trust gox from only some "mtgox" tag
jurov: we need extra-blockchain information to assess them
jurov: even if they managed to mark them in the blockchain
jurov: i'd think about real world example like pirate's coins or gox coins
ThickAsThieves: is the gazette itself also one? could it be?
jurov: if the theory that hawking radiation carries information about whatever fell in
jurov: youre stretching it too extreme... then the blackhole is punishment gazette too
ThickAsThieves: i've got this hammer now, and trying to sort out what it can smash and what it can build
ThickAsThieves: i think whether it applies might lead to other interesting things
ThickAsThieves: like the Sun example
ThickAsThieves: i'm merely trying to see whether Bitcoin would qualify as another echo to apply it to, not whether it fits a perfect example
jurov: how can you cause orhpaned block or unconfirmed tx on purpose whne someone scams you?
ThickAsThieves: could you say that an orhpaned block or unconfirmed tx is a punishment?
jurov: unless everyone agrees on special protocol for the O_RETURN text
ThickAsThieves: jurov, also the blockchain does allow storage of text
jurov: but it reserve the right to decide. even tiberiusiv had some coinbr volume
chetty: ThickAsThieves, yup, nothing new under the sun. But this version has less trash attached
bounce: jurov's trade for ratings programme, now with volume discounts
ThickAsThieves: i have a feeling though, this theory will end up distilling into one that already exists
ThickAsThieves: if the theory can be applied to the Sun and elements, surely applying it to the Bitcoin system isn't absurd
bounce: yeah I read that link
jurov: bounce you saw they just openly snatched vkontakte?
ThickAsThieves: i'm applying it, not defining it tomservo
bounce: haven't really paid attention to exactly what putin said in response to snowden, but them russkies don't appear to engage in dragnet-and-store type surveillance. they know very well who they're after and they're good at it, if not very subtle.
jurov: i understood the gazette as transaction history *with human sematics*
TomServo: I thought he suggested the WoT was the gazette, and this chan the forum
ThickAsThieves: it is a record of all transactions
jurov: how is blockchain the gazette?
ThickAsThieves: bitcoins being the medium, blockchain the gazette, mining the forum?
davout: ThickAsThieves: yea, teach your gf GPG, end up in an argument about how she only got rated 3
bounce: lucky this isn't -otc then eh
only: davout, dexX7 was already voiced, but thanks
assbot: Voice for only extended to 30 minutes.
mircea_popescu: asciilifeform http://trilema.com/2014/a-complete-theory-of-economics/#comment-99228 you gotta read this srsly i'm creaming my pants over here.
bounce: https://coinfloor.co.uk/team says mark lamb, obi nwosu, amadeo pellicce, and "the team" (among them james "nefario" mccarthy as "senior developer")
chetty: thanks MP, yeah bummer I miss all the fun
mircea_popescu: people missed you in timisoara
mircea_popescu: bounce lol. who the fuck is coinfloor again
only: unless there is a free alternative
only: you pay that someone for the privilege of using the app he coded
bounce: then again, if it's p2p, and now you get to pay someone else for the privilege of hosting the service yourself, er, why'd you use the app at all?
ozbot: Coinfloor Mulling Plan to Launch New Bitcoin Market for Institutional Investors | Forex Minute - Fin
only: "bounce: there's also the revenue model. who'll benefit? thence, who'll build the thing?" - can't one hard code an escrow commission into a p2p app?
dexX7: the lol tribunal is so many dimensions less complex than "real" cases so i'm not sure, if it's possible to draw conclusions based on that
mircea_popescu: dexX7 i think it'd look a lot more like bitcoin-assets.
fluffypony: mircea_popescu: that article really tears the coin apart...gets a little weird in places, but makes REALLY good points
mircea_popescu: because YES loltribunals do work, not just on league of legends, but here too.
dexX7: what would you make different next time?
mircea_popescu: fluffypony yeah, only one case. i suspect now i built it the wrong way,