751200+ entries in 0.519s
benderp: mircea_popescu: pits and
tits!
Apocalyptic: Otherwise,
the altcoin and bitcoin world is going
to fall apart! Who will want
to have unsafe coins?"
Apocalyptic: "Something like
that needs
to be done! We must counterattack and find
the criminals who do
this kind of
theft!
dexX7: i don't get it? why did you mark
this bet?
ninjashogun: mircea_popescu, so
the idea is
that people know
that
there is a small chance
they have an opportunity
to invest at an early stage in
the next "monster.com", and
this would be a small incentive
to upload
their profile for some equity.
benderp: ninjashogun: i begin
to understand your grasp of software development.
TomServo: mircea_popescu:
that sounds much better. More since
the bitbet and your "new era" article?
ninjashogun: benderp - I would have
to be very very lucky
to get an MVP up in a weekend; I'd have
to know exactly what I would want on it, and it would have
to be very limited scope.
ninjashogun: benderp - it doesn't just
take a weekend. Part of what I'm doing is
the ideation portion. For example I'm soliciting mirceau's feedback on just one aspect right now.
mircea_popescu: Apocalyptic i
tihnk so
to, but why read when one could have ideas
TomServo: Sorry, I've been away a while - are we still going on about
the social media rape whistle?
ninjashogun: so rather
than raise a
traditional angel round of investment, you directly pay for
the users, who "know"
they are
the product,
to upload. Having 10,000 senior, lead, etc,
technical profiles, is worth a substantial amount for
the company, as well as enabling b2b deals etc.
Apocalyptic: I
think you've written a
trilema article on
that in 2012 or 2013
benderp: if it's only going
to
take a weekend, ninjashogun, go do it and stop yammering.
ninjashogun: So,
the idea is
that
the first 500 qualified profiles (full name, highly
technical with CV, and in a major market - e.g. San Francisco, New York, London) - would get a 2.5% fully diluted equity in
the company.
The next 1500 profiles get 2.5%. And
the following 8000 profiles get 5%.
Apocalyptic: it's wasn't humiliating enough
to get hacked & lose all funds, but now
they came with
the IDEA of an btc insurance company
ninjashogun: So I would solve
this via another fact. People, especially highly
technical people, know
that if "you are not paying for a product, you ARE
the product".
ninjashogun: benderp - I
thought I read
that he
took a large BTC investment, for one
thing.
ninjashogun: and it would not have job ads in
the beginning. It's kind of a chicken-and-egg problem.
ninjashogun: If I put an MVP I code in a weekend online, and put it on hackernews and maybe reddit, it would not have profiles in
the beginning.
ninjashogun: not in
the beginning (I mean during
the weekend-launch period!)
moiety: would
they not upload in
the hope of getting a job?
ninjashogun: So,
the site is going
to accept profiles from people (similar
to LinkedIn).
This sets up a chicken-and-egg problem because people would only upload a profile if htere is something in it for
them, and in
the beginning
there owuld not be a big value proposition on
the site.
ninjashogun: mircea_popescu, I was very highly impressed by
the way in which you funded your site, and I was interested in your
thoughts on a funding model I am working on for
the jobs website
that I mentioned
to you earlier. (Based on a back-end skills graph
that knows
that, for example, C# is close
to C++ and Java, but very far from embedded electronics design.)
mircea_popescu: well maybe
the usg open sources its english
translations/summaries of romanian
t articles
mike_c: details get quite mangled
through google
translate
mircea_popescu: the details are more important
than
the actual article.
mircea_popescu: the problem with
trilema article is
that
they really don't have any gists
mike_c: ok, i
think i got
the jist: IP isn't real. IP has little
to do with
the success of
the company. It's all about management. close?
ninjashogun: asciilifeform, you've brought up good points about drawbacks
to a mass-adoption card
that is a lukewarm bitcoin wallet accepted directly by merchants. You are right, and htose are real.
ninjashogun: asciilifeform, I find some of what you have said useful. I wouldn't adopt
the
tone of enlightening a stone-age man, as I have a lot of experience in several areas
that also make my background interesting. we can simply have a conversation you know :)
moiety: it's nothing
to do with you asciilifeform, some people are unenlightenable. *sips encrypted hotchocolate*
mircea_popescu: you don't have my
tools, it's kind of like watching someone build bridges with a hammer
ninjashogun: That doesn't mean
that ATM's aren't MASSIVELY useful, even
though
they are a flawed architecture.
mircea_popescu: asciilifeform you know it strikes me how much pr/social media you're doing
these days
ozbot: Loper OS » Don’t Blame
the Mice.
joecool: asciilifeform: with
that being said do you feel
the same way about
the openpgp smartcard?
ninjashogun: asciilifeform, okay look I get
that it's kind of braindamaged. ATM cards are also inherently extremely braindamaged - and loads of people have been ripped off by card swipers, false
things
they put
their card into
that is in front of a real ATM.
ninjashogun: do you know what
that circular
thing is in
the middle of
the xray you posted? (showing leads at 10 o'clock and 12 o'clock position)?
mike_c: geez,
the article is in romanian and french? what's a poor american
to do.
ninjashogun: ?
The product you linked? So
that it escrows your secret and your secret doesn't make it
to a file on your PC or your PC memory...
ninjashogun: asciilifeform, you oculdn't determine exactly what
the micro does with any amount of money short of a multimilion dollar lab, but if you make reasonable assumptions (such as commodity components not being a highly engineered replacement) you can verify its operation for <$100 in equipment.
ninjashogun: asciilifeform, (I don't
think
this is a good use of
the word "just"). But it answers your question regarding what is inside.
ninjashogun: asciilifeform, I don't like
to say it but it's "just" a single-board module around a microcontroller
that is a usb device
wilimprex: asciilifeform: most importantly
the card sw is cloused source and access
to sdk is under nda
joecool: damn
that didn't
take long
mike_c: that must be
the only
topic i've ever looked for
that it was silent on :)
mike_c: trilema seems silent on
the
topic of patenting IP
ninjashogun: asciilifeform,
that
tone isn't very conducive
to development of anything. Not
that I care.
mircea_popescu: moiety
the cleavage was spectaculay. oodlebunches of starving aspirational chicks wearing
their friends' only designer outfit.
kakobrekla: no further comments on
the subject were made. everyone lived happily ever after.
moiety: mircea_popescu: i hear it's not very nice... a
tea event sounds pretty cool
though,
to me
mike_c: because you don't
think
the IP is
the important part of
things, or some other reason?
mircea_popescu: moiety yeah. i've had all sorts of
tea once at some sort of "all sorts of
tea event" in greenwich village
moiety: mircea_popescu: random side note, have you had white
tea?
ninjashogun: asciilifeform, because he could not patent it
to protect his R&D research into it. It's a somewhat
tough problem due
to
the very very fine sizes involved, and also
the need
to have a very low cost of goods if oyu are going
to sell it as a plastic cafrd.
There's no model
that I can
think of
that would support
this.
ninjashogun: asciilifeform, for example mircea_popescu could probably build a physical card
that is a "lukewarm wallet" as you put it, he would have
the funds, but I don't
think he could get his R&D investment back - it would be money
thrown away.
ninjashogun: asciilifeform, I just
told you, none of it is patentable.
ninjashogun: mike_c - No, I don't have any interest in building a device like
that.
The only way it would be feasible for a single person who has not made a substantial exit in another company, is if it were strongly patentable. Idon't
think it is.
moiety: aww :( failme have some green [secure]
tea
ninjashogun: asciilifeform, nobody here (or anywhere) has any architectural insights on making
the philosopher's stone, or cold fusion, a reality.