809400+ entries in 0.465s
Duffer1: i'm pretty sure reddittip doesn't do
that
Duffer1: right but what i'm asking is how do you make your money? would you
take a % of
the
tip?
mircea_popescu: yah, speaking of which, do you have global figures of
the reddit
tip
thing ? what's monthly
total ?
ozbot: Bitcoin - Etsy
Teams
ohider: dude look at bitcoin
tip on reddit
Duffer1: i
think you're right, i just don't see how you'll be able
to monetize
mircea_popescu: i dont
think i ever shoip
there but i recall some pretty nude young
thing
telling me she got some btc from selling her artwork
Duffer1: do
they? it's been a while since i've been shopping
ohider: it may be idealist but i
think
that
there is value in academic work
Duffer1: ohider i don't
think
there's a bitcoin
tip function for deviantart, but if a website like deviantart started accepting bitcointip and it became popular, deviantart would just add it and you'd be s.o.l.
BingoBoingo: I imagine eventually nubs could move
to
the sweatshop model
Duffer1: does nubs screenprint everything? i
thought he just did his own designs
BingoBoingo: How are you going
to compete with actual printed works from nubbins' who is already in
the WOT?
ohider: what would you pay for
that artwork
ohider: if you want
to print a poster
to put on your wall
ohider: what if students could put up
there art work
ohider: so my brother goes
to a really good art school
ohider: the idea of some company buying
the domain name you squated on is a pipe dream
mircea_popescu: anyway,
the research papers online model chiefly works on
the basis of
their vast database of already submitted papers which
they own and don't pay
the authors for [anymore]. unless you have 1000s of works of already stale material it'll be a
tough nut
to crack.
pankkake: oh, well, it really resolves
to 10.0.0.7 - so
there's nothing?
mircea_popescu: when i first bought some domains
that i never bothered develop.
BingoBoingo: ohider: Namecoin is a 4 year old infant
then...
mircea_popescu: did you do your research
to know what % of students can access .bit domains ?
ohider: if people are willing
to
tip fellow redditors for
three sentence posts, whats
the value of a dynamite research paper
ohider: whatever
they feel confident in
ohider: students post
their work along with a bitcoin address
Duffer1: i don't
think i read exactly what it was you wanted
to do with
the site
ohider: i'm still at
the developing stage
though
Duffer1: thank you
that is very much appreciated ohider
pankkake: I missed
the "buy" part - if you want
to 51% attack, you will never get enough by just buying
mircea_popescu: <ohider> if GE wants
to kill bitcoin
they could just buy a shit
ton of asic
technology and dominate it << way
too late for
that.
ohider: what is
there
to lose for getting a wallet and accepting free bitcoin
ohider: i want
to propagate bitcoin and am willing
to send him 0.01 btc
Duffer1: oh wait you're
trying
to give him .1 and he doesn't want it?
ohider: my argument is
that
there is nothing
to lose
ohider: he refuses on
the basis
that he just doesn't want it
Duffer1: what arguments have you
tried?
Duffer1: so if
they had a business and could get
their customers
to pay
then in btc,
they'd save a
ton of money
Duffer1: ah so a rant on
tx fees wouldn't sway
them.. hmm
Duffer1: i'm kinda nearing
the end of my list here, does your family support relatives overseas or own a business
that accepts visa/mastercard/paypal?
ohider: so in a way
they educate
themselves about bitcoin
Duffer1: and disrupting economic / social
theory
ohider: they have
to figure out how
to
ohider: if
they want
to cash it out
ohider: the best
thing about it is now everyone has bitcoin
Duffer1: it's a modern experiment
their investment is directly funding science
ohider: but my mom
thinks its
the
tits
pankkake: the
thing is, if you
tell people
to buy bitcoins, and
they lose money… oops
ohider: my brother
thinks I'm a crazy man
ohider: so if it gets accepted and
the price goes up, i make money
ohider: for xmas i gave 0.15 btc
to everyone in my familye
pankkake: why do you want
to convince him?
Duffer1: ground investment in a platform and method of value
transfer
that has never existed before
Duffer1: it's
the only shot your generation has at any wealth
ohider: whats
the best argument
to go about
this
ohider: he doesn't want
to but i know
there's a breaking poit
ohider: I'm
trying
to convince my roommate
to get into bitcoin
pankkake: and
they seem
to use multisig
transactions
too
ozbot: Full guide: How
to access I2p sites & Use
TheMarketplace.i2p | Deep Dot Web
Duffer1: i like how
the natural cost of mining equipment for bitcoin is included in
the "Defense Spending" catagory
pankkake: they explain it on
the website
ohider: @ pankkake where does
that figure come from in
that coinmetrics
Duffer1: ok maybe not china, but maybe putin wouldn't pass up such an opportunity
to spit in
the US' eye
Duffer1: it's manmade, so
there's
that against it already
pankkake: i don't really believe in
those politics. it has
to make sense economically
Duffer1: if
the US
tried
to kill bitcoin, i'd bitbet china would work
to protect it
pankkake: though I could see it. like kings who made
their countries democracies
to avoid being overthrown
ohider: if its bullet proof its a way
to get off
the USD
Duffer1: to spite a rival nation / state
that wants
to kill it
pankkake: why would a state chose
to use/protect bitcoin? (real question)
Duffer1: there's a relevant
trilema article on
this somewhere
Duffer1: that assumes any of
the other 189 nations wouldn't work in proportional measure
to protect it, let alone
the x amount of bitcoiners who already have billions in it not acting
to protect
themselves
pankkake: they would have
to kill it early - if
they
take interest when it's actually challenging, it's going
to be much harder
ohider: if bitcoin
threatens fiat wouldn't
that be a small price
to pay
to kill it
ohider: how much would
that cost
ohider: the dreaded 51% attack would be one way of doing
that
ohider: all you need
to kill bitcoin is
to create distrust in
the people who believe in it
pankkake: well, with asics closer
to industry standards, yes
Duffer1: it might even already be
to late for
them
to produce something capable of it
Duffer1: it would
take
the efforts of a major nation
to attempt such an attack on bitcoin
pankkake: if you want
to "dominate" litecoin just rent botnets or supercomputers for a day
pankkake: gpus cost a lot
too… (except of course
that most litecoiners are 15 year olds who don't pay for gpus and electritiy)
ohider: if GE wants
to kill bitcoin
they could just buy a shit
ton of asic
technology and dominate it
Duffer1: the only ones making money on asics are
the manufacturers
ohider: doesn't asic allow people who have huge amounts of capital
to make waves in
the bitcoin environment
pankkake: litecoin would need asics
to survive, but it will not please litecoiners
Duffer1: i
thought i might be going somewhere with
that but i care so little i'm having
trouble even fini
Duffer1: "if one is provided with information showing what
the answer is, it may be possible
to"