781900+ entries in 0.442s
mircea_popescu: small
time merchants with a shop or w/e are being reamed, but
that doesn't really show in
the bottom line
mircea_popescu: anyway, it's more complicated
than
that. if you
think paypal is paying anyone anything when it gets chargebacked...
mircea_popescu: asciilifeform not
THAT expensive or else amazon'd be out of business.
mircea_popescu: nobody cares, nobody checks,
the bitcoin algo is quite efficient at stabilizing issuance in spite of hash volatility
pankkake: so I can host it on my server, but you can't really make calls from server
to server
that easily
mircea_popescu: pankkake Shakespeare just write an interpolation script by
time
mircea_popescu: those who make bills also sell
them for pennies on
the dollar
to
those who have
the means
to pass
them
pankkake: it's not
that simple, you need a running node and update script
Shakespeare: pankkake if you write
that code
to spit out
total current ATC, i can add it
to
the home page... assuming it's as simple as
that
mircea_popescu: asciilifeform for
that matter,
the carded amount has
to be gotten out of
the bank
mircea_popescu: generally speaking you're best served by going
the other way
benkay: another conspiracy
theory
to hasten
the demise of
the
tyrant
mircea_popescu: srsly, it costs 12 cents
to make
them and
the world isn't awash in fakes ? just... how.
mircea_popescu: asciilifeform i am blown away
that most us bills arent counterfeit atm.
punkman: maybe
the next gen of fake bill scanners will OCR
the serial numbers
Shakespeare: that's how USD gets value, cost
to print it
pankkake: if you get cash out of an ATM, can it be
tracked further?
pankkake: well,
the answer I got was "the maintainer is an arrogant fool"
pankkake: I still haven't found why
that irc bot lib does not reconnect
mircea_popescu: pankkake can you also write an irc bot so we can set
the number of coins arbitrarily /
mircea_popescu: is
to make
the production process cost more
than
the nominal value
pankkake: I mean, I would suppose
the biggest hurdle is having an exchange
Shakespeare: "Please provide a URL
that shows
the
total number of coins in real
time."
mircea_popescu: well
technically bills
these days are more expensive
to make
than
their face value, so it is a sort of pillage
punkman: if you have proof of incinerated bills you can get
them replaced
mircea_popescu: anyway,
the btc is 8bn out of a 10bn market story depicted
there is off.
mircea_popescu: dude check it out lol. i wonder what all
the people with jobs must be
thinking
punkman: oh CMC now has
two pages of coins
mircea_popescu: seriously ?
that amply exposed scamcoin is worth dough ?
pankkake: ripple was hidden on coinmarketcap, showing it by default is probably going
to be its demise
benkay: repression of
the people, iirc.
mircea_popescu: benkay except not in a million years has ripple done anything of
the sort lol
benkay: that list is better regarded as "how much money
this ccoin has sucked out of fiat"
pankkake: last
trade *
total units. like mpoe :)
mircea_popescu: pankkake ahaha ripples #2 ? dude get out of here with
this bs,
mircea_popescu: benkay you can not pull
the wool over our eyes sir, we know all about it said he knowingly.
benkay: for clarity -
there is no movement.
pankkake: sex is probably
too mainstream for
them
mircea_popescu: you know, from all
the free sex going out in
the free country.
benkay: except maybe
the one i left in
the
toilet
this morning - now
that was impressive.
pankkake: does
the cascadian movement produce anything besides weird music?
davout: mircea_popescu: i
think you meant dénudement
BingoBoingo: jurov: Well I mean
there is substantial overlap in
that most spammers are kids and most faucet users are kids. Sure
there are spammers occasionally who make something
through spam, but generally
they are people who can find new networks (MySpace, Facebook, Linkedin)
to spam before
their game gets stale and
the money goes missing
davout: incidentally it's
the same guy
that believes
the EUR is
too strong
davout: mircea_popescu: no no,
that's actually ok, we have a "Ministre du redressement productif" can you fucking believe it ?
jurov: that
they are useful
to drain unqualified cheap workforce pool
jurov: BingoBoingo:
that's very interesting view of *coin faucets
BingoBoingo: I mean spam doesn't even pretend
to offer a return ever. Solving captchas
though offers some satoshis every nao and
then.
BingoBoingo: davout: I imagine
the answer is not less botnets and spammers, but more lite/doge miners and captcha solving occupying
their
time now.
davout: BingoBoingo: yeah, I
think so
too
davout: "oh sure, I'll send you
these $3000
to pay attorney fees
to unlock
the prince's inheritance, if you could just western union me a couple hundred bucks so i can fix my bike
to get
to
the bank"
BingoBoingo: davout: It isn't gmail. I'm finding
there are generally just less spam emails in general
these days
davout: I've always wanted
to
try
to reverse-scam
these guys, sadly gmail has a good spam filter
davout: i happen
to have a nigerian uncle
that's in urgent need of 5 BTC
to unlock
the last presidents inheritance
davout: funny you mention
that,
mircea_popescu: that's a new angle : if you read
the stuff crypto-whatever wannabe exchange publishes, you're roughly in
the same set with idiots and grannies
that still read
the spam emails
they get,
tune in for cnbc newscasts etc
pankkake: but
the
title say it escapes :)
mircea_popescu: "It seems like neither Cryptostocks or
the issuer behind
this have
the
time
to read
throu
the contracts before
they publish it
these days, "
davout: no
the URL says "n'échappera pas"
pankkake: well, it does,
the URL is wrong
davout: mircea_popescu: explain
the difference
pankkake: I haven't followed
the details