746600+ entries in 0.447s
nubbins`: then a storm wednesday night lasting
thru friday
nubbins`: supposed
to get 15-25cm of snow
tomorrow
benkay: in 'real world' scenarios, you cannot ever
trust your counterparty
to not spend coins from a private address.
Mats_cd03: its sunday night and
time
to party
benkay: we care about 3
things
benkay: but let's bring
this back
to reality shall we?
benkay: if other people know who he is,
then we're in an entirely different universe and i can't really plan for
that right now.
benkay: if so,
then he doesn't care about other people
trusting him
ozbot: imgur:
the simple image sharer
radan: the problem with hypotheticals and models is
that
they are hypothetical
Mats_cd03: an opportunity
to buy delicious beef with magic money
benkay: am i
the only one who knows who satoshi is?
nubbins`: got
the new Epson set up
today
benkay: you've not really modeled
this, have you
TestingUnoDosTre?
benkay: probably accelerating
the collapse down
there...
TestingUnoDosTre: ok, but satoshi would be probably sacrificing more
trust by simply selling 1000 btc
benkay: happens all
the
time radan
benkay: i'm suggesting
that others may run
the analysis differently.
radan: why don't people just use bitcoin
to smuggle money across borders
benkay: just because i
trust you
to not fuck me does not mean
that you won't.
benkay: this is
the
thing about
trust
benkay: TestingUnoDosTre: satoshi still has
the private key for
the addr in question, no?
benkay: just
think about what i said for a bit. it's just a different perspective.
benkay: neat
to be
told what investing is from a petro-engineer in
training lol
radan: if you buy something you
think
that
the value of what you bought is greater
than
that of what you paid
benkay: as soon as i crack
that drive i know satoshi.
benkay: totally out of
the scope of normal behavior.
TestingUnoDosTre: you sell
them a 50 BTC flash drive, maybe at a discount price, and
tell
them
they cant use it for 3 years or something
benkay: TestingUnoDosTre: every day i don't move
those coins elsewhere is a day of risking not having
them.
Mats_cd03: at
this juncture id expect
the price
to fall if it was
to happen
radan: wonder how rich he is
today
radan: he mined btc on
the side
Mats_cd03: they are all being
tracked and it would be instant news
TestingUnoDosTre: So satoshi has a whole boat load of 50 BTC addresses. Couldn't he just sell a flash drive with
the private key of one address without crashing bitcoin
benkay: TestingUnoDosTre: don't know
that i understood your question.
TestingUnoDosTre: I read
that first loper-os article and I don't
think it answers my question.
radan: but, more
to
the point, I do
think
this btc
thing has potential
radan: it's rough until
then ;__;
radan: petroleum engineers are forecast
to be making hella money once we graduate
radan: I went
to a public uni
benkay: ideally, stop accruing debt -
that'll make you more
than 2BTC ever will.
benkay: cold wallet. forget about it. learn
to earn.
radan: until I graduate, pocket money is all I've got
to play with
benkay: buddy you gotta get back
to work lol
radan: and I hope
they continue
to increase in price
benkay: who knows is
the point
radan: karpeles, szabo, circle k, and nakamoto are all one person with
theoretically infinite wealth
TestingUnoDosTre: could he not just sell you a usb drive with
the keys on it, and let you hold onto
them
benkay: no guessing allowed. you have a blockchain and can answer
this question for yourself now.
radan: doesn't satoshi hold like 1/4 of all
the btc
benkay: more of a scale
thing
than a boolean
thing, radan.
benkay: or one of our wimmins, if we're sticking
to
the literal interpretation.
benkay: in
that sense,
the dollar could be said
to be pegged by
the shadowy group of people in #bitcoin-assets
radan: I don't know what cost means in
that context
ozbot: Urban Dictionary:
the eiffel
tower
radan: I don't
think dogecoin has a regulatory body
TestingUnoDosTre: I don't know if infinite is quite
the best word for it, but it's pretty much like
the USD
TestingUnoDosTre: In engineering
they never had
to say
that, it was just implied
benkay: what happens when you have 20 dollars, and
there are 1b dollars
today, and 1.01b dollars
tomorrow?
radan: besides
the obvious
benkay: you broke socrates,
TestingUnoDosTre
radan: what does
that mean
radan: okay, so
there's a cap
benkay: lite is notoriously suspect
to manipulation
radan: is
that good or bad
TestingUnoDosTre: but I also play around with android phones via xda, and I'm not content with just downloading someone else's kernel or firmware and not really understanding
the different between a stock android
radan: what do y'all
think about it
radan: what's
the consensus on dog and light coins
Mats_cd03: that challenge is for
the 0.001% of programmers
that want
to use asm on a daily basis and probably possess masochistic
tendencies
benkay: 's also a question of what you want
to *do* with computers.
TestingUnoDosTre: I'm wondering whether I need
to
throw
time at something more introductory before jumping in
Mats_cd03: do you want
to know how
to move around in
the filesystem? edx