804300+ entries in 0.506s
nubbins`: [SSWs] are numbered and GPG signed instruments which create
the right for a beneficiary specified by GPG fingerprint
to purchase a specified number of S.MG shares directly from MiniGame"
nubbins`: anyway, not
trying
to be a pest, but
there's a few points here
that i
think a dissection of would be interesting
mircea_popescu: all
text can be interpreted an infinite number of ways
nubbins`: anyway,
the
text of
the stock warrant and
the ipo could be interpreted a few ways
nubbins`: haha.
too
true. luckily
there's no such recourse in btc land
mircea_popescu: i doubt farmers will hook your head
to
the machinery because of
the risk of being sued afterwards :D
nubbins`: to perfect
the analogy, consider
the case where a gallon if milk is $4 and containers from
the farmer cost $6
nubbins`: nah, you can buy milk without a container.
the farmer will happily squirt it into your mouth or on
the ground
mircea_popescu: Apocalyptic
to a gpg fingerprint yes, but it doesn't have
to be a key.
nubbins`: they are indeed
tied
to fingerprints
Apocalyptic: I
thought all issued warrants were
tied
to a GPG fingerprint of a registered MPex key
mircea_popescu: not more
than
the requirement
to have some sort of container is an ex post facto condition on buying milk.
nubbins`: but it would seem
that
the requirement
to purchase an account on mpex or a broker is an ex post facto condition
nubbins`: well realistically i'm going
to hold
the warrant for a very long
time
mircea_popescu: but other
than
that,
teh cum is in all respects a baby.
rattaTATpowpow: it seems
that storing
them as warrants makes
the most sense no?
mircea_popescu: the only difference between
the ssw and
the share is
that
the ssw receives no dividends until it becomes a share.
nubbins`: nothing like a client
that crashes when pasting
nubbins`: "Special Stock Warrants (abbreviated SSW) are numbered and GPG signed instruments which create
the right for a beneficiary specified by GPG fingerprint
to purchase a specified number of S.MG shares directly from MiniGame for a specified price, no earlier
than a specified date."
nubbins`: anyway,
there isn't much written regarding redemption, here are
the few snippets i could find:
rattaTATpowpow: nubbins, i can help facilitate at some point if you want
them ob Havelock (this is
TAT on
the road),
though CoinBr might be better
mircea_popescu: nubbins`
that's exactly how one's holding
them now innit.
nubbins`: one could in
theory "hold"
them as a pgp-signed doc stating ownership of said shares, although i'm not sure what sort of mess
that would create
mircea_popescu: nubbins` well you'll have
to hold
the shares somewhere.
nubbins`: i'm admittedly not an expert in
the language of fiance, but as far as i can
tell, having an mpex account is not a requirement for redeeming a stock warrant
mircea_popescu: nubbins`
then you'll have
to
talk
to a broker
to
take
them for you
mircea_popescu: you state you want it redeemed, and which account it goes
to, you're given an address
to pay w/e it is
to, you pay and have
the shares pushed
nubbins`: ah yes. not looking
to redeem my stock warrant, just wondering what
the process is
Apocalyptic: if you're asking about MPex warrants
then yeah mircea will probably be in a better pos
to answer
that
Apocalyptic: you would in general inform
the issuer of your intention
to do so
nubbins`: not looking
to do so at
the moment, just curious
nubbins`: don't
think you have
the answers i'm looking for, but sure: what's
the process for redeeming one?
nubbins`: well. at least one question, which will likely lead
to some follow-up questions
nubbins`: nod, such are
the
times we live in
mircea_popescu: and
then
these people have
the gall
to discuss sociopaths.
nubbins`: the average set of parents handed off most of
their responsibility long ago
mircea_popescu: it's a recent perversion
this, and quite atrociously antisocial.
mircea_popescu: i dunno how parents allow women out of
the house if
they can't bake
mircea_popescu: yup. but
the reason baking is a required skill is
that well... store bought bread is awful
nubbins`: given a choice between convenience and
thrift, people choose
the former
nubbins`: anyway, countless examples. home-baked bread is maybe 15-20%
the cost of store-bought
nubbins`: you can bring
the collected oil
to a garage
mircea_popescu: anyway, i can see why you wouldn't,
to allow
the used oil
to be collected
nubbins`: its cheaper
to change
the oil filter in your car on your own
nubbins`: beyond
the average person's ability
nubbins`: shrug, most common way
to buy em over here
nubbins`: nod, look at windows 8. everyone reviles it,
then goes out and buys a new computer with it preinstalled
nubbins`: mircea_popescu: many had
the opportunity
to crush ebay, few put in more
than a cursory effort
nubbins`: KRS1:
there's been a "Virtual Currency" category on ebay.ca for a while.
They wait
til you've
typed out your item description
to
tell you
that you can't list
things in
there yet.
mircea_popescu: that's like
the only block past... hour and a half or some shit
ozbot: Guns at home more likely
to be used stupidly
than in self-defense | Ars
Technica
KRS1: didnt
think it was a problem since nobody was here
ArsKisS: is it a must
to spam
the bot
KRS1: thats what i want for a wife..i
thought
thats
the polish
type of looks in a female..german maybe
KRS1: When it comes
to bitcoin irc is dead
these hours.
KRS1: 0530 am here in
the states
mircea_popescu: you need an account in
the first place. other
than
that,
the listing fees are negotiated as part of
the listing process.
the20year2: cost
to issue a stock on mpex if eligible is 25-30btc, right mircea?
KRS1: ah
the good ole days
kakobrekla: gosh i dont remember last
time i played sturmikov
mircea_popescu: most airplanes crashing into
the ground spin all
the way
there.
ozbot: Cryptostocks
Turnaround
mircea_popescu: which sounded
to me like an incredibly lame mp-wannabe moment.
mircea_popescu: jurov actually
the dread pirate guy was a worse
threat.
jurov: bitmit was something, but was relentlessly driven
to ground
pankkake: "Havelock is where
the future of bitcoin is being made"
pankkake: but what if it was painless
to list on both?
mircea_popescu: thge funny
think is
that we did have
the opportunity
to crush ebay
pankkake: ebay is a slow, bulky, money hungry monster. don't
think
they'll have bitcoin as a payment anytime soon
mircea_popescu: the btc rift guild is like 500 people strong, maybe half actually came from
trilema,
the rest just, randomly, from in game
mircea_popescu: i
think by now pretty much anyone alive has been so exposed.
KRS1: perhaps more people will at least be exposed
to it if
they havent already.