844300+ entries in 0.569s
mjr_: so i don't borrow bricks expecting
to default
mjr_: i don't do crimes
thinking i will get caught and convicted
nubbins`: granted, i don't
think
they intended
to kill
the guy
nubbins`: i live a
three-minute walk from a house where a guy was
tied up and beaten
to death with a chair leg by a coke dealer
mjr_: lets say i know people who were "late" by a couple of months and resumed
their arrangement after making good
nubbins`: "understanding", "working out
terms", are a fiction for street-level
trades
nubbins`: you
threaten
to break my bones
mjr_: and people uderstand and work out
terms
mircea_popescu: mjr_ depends. are you some white ass dorky kid
that "has got
to do it" ?
mjr_: do you
think i just kill you?
mircea_popescu: nubbins` especially if you're a deadbeat, which is what it boils down
to.
mircea_popescu: mjr_
this is not germane, in
that it was
THEIR stash
to lose.
mjr_: its more like a
trade guild
than
the "colombian necktie/scarface" scenario
mjr_: got someone
to front
them
nubbins`: mircea_popescu:
that's like every coke dealer
mircea_popescu: well...
those idiots don't survive and shouldn't have existed in
the first place
mircea_popescu: fucked in
the head idiots
that
take a brick on credit which is
the whole of
their capital...
mircea_popescu: let's split your dispute. people sane in
the head
take a brick on credit all
the
time,
mjr_: first off; main risk in drugs is moving
them
mjr_: because it could hurt
their credit
mjr_: and depends on how much your health is worth
to you, and
the chance you
think you'll default
mjr_: yeah,
that is built in
to what you pay
mjr_: for
the vast majority of people
mircea_popescu: look, srsly,
the site was "very lucrative" in
the sense of yeah, if you're some college age dork you can make A LOT OF $$$ omg/
mjr_: it is
totally sensible
jcpham: yes and
they are now mostly dead
mjr_: and
then resell on SR
mjr_: but rther have
traditional channels
nubbins`: mircea_popescu: if i had
to bet, i'd say it was WAY more weed
than coke
mjr_: and you assume
that consignment is not
the main model
mjr_: let me get a kilo please, here is all
the cash
jcpham: my personal feeling is
that you go off-chain your money is a row in a database
mircea_popescu: nubbins` heh.
that's why
they
took a month
to move a kg of coke ?
mjr_: i
think 2
things about SR
nubbins`: you need
to realize
that selling on sr was VERY lucrative
mircea_popescu: mjr_
the cost for
the joe schmoes
to understand and use multi
tx >
the probable loss
to
them as is.
mjr_: yeah, and i wonder how
the people
the dealers owe money
to will feel
nubbins`: mircea_popescu: biggest losers were
the dealers.
thousands of $$ in limbo at any given
time
mjr_: you can still both send multisig
to an administrative site
mircea_popescu: mjr_ in fairness, i expect
the lost btc mostly belonged
to
the operator, and some
to dealers.
nubbins`: i suppose i should go silkscreen a huge BTC logo on a nice
thick cotton rag paper, and
then perforate it into
tiny squares
mjr_: i
think you should have an option
to attach your blockchain wallet, people can see how much funds you have
mjr_: and in
the case of SR you lost your money
mjr_: my point is
that
to do off chain you have
to
trust
the site operator
nubbins`: blotter artwork is an interesting
thing
phungus: and
there was
that blotter artwork
phungus: there were small
things available like certain pipes and stuff like
that
nubbins`: mjr_: so a 3-party
tx where
the site acts as escrow?
mjr_: also, you don't have
to manage user funds, and
take
that liability
mjr_: eh, i
think
that more services should allow you
to "attach" your own wallet
nubbins`: although we all know
that nobody would withdraw
their funds anyway
nubbins`: well,
they could put
the website back up with
the listings removed
ThickAsThieves: even if
they wanted
to give
them back, could
they do so reliably?
mircea_popescu: basicvally
the usg is indistinguishable in practice from
the common criminal.
nubbins`: we also all know
that it's groundless
mircea_popescu: ThickAsThieves well yeah
they won't. but
there's no solid argument, and
that's important.
ThickAsThieves: i'm not saying my point is a solid argument
to do it, but we all know
those people wont get
their coins
mircea_popescu: coming soon
to a walmart near you, your car was impounded because you parked it last month in
the parking lot of a supermarket
that was violating federal regulation #<state secret deleted>.
nubbins`: i advance
the opinion
that it's not anyone else's place
to decide who deserves my money, regardless of where i keep it
nubbins`: because
they put
them on a website where bad people sold bad
things?
nubbins`: what's
the argument for
these people not "deserving"
their btc back?
nubbins`: well, my house is owned by
the bank. doesn't mean
they can come
take my
television.
mircea_popescu: no better
than
the guy you're supposedly prosecuting. in fact, worse. he
traded, he didn't steal.
mircea_popescu: ThickAsThieves unless you have proof of
the foregoing, it's not
that
they "deserve" it.
mircea_popescu: there. good poibnt.
the entire in rem proceeding is a laughable piece of nonsense, in law.
mircea_popescu: In
the 80's, with
the crack outbreak,
the feds began aggressively seeking forfeiture of proceeds, substitute proceeds and instrumentalities of crime. At
the
time, no one (except
those of us actively engaged in
the drug and forfeiture defense ) gave a damn, and
the law
that developed was quite harsh.
mircea_popescu: This seems an opportune
time
to add, for
the benefit of readers who weren't around in
the 1980's,
that
the law pertaining
to in rem forfeitures developed in
the context of narcotics seizures. Prior
to
that,
the legal maxim,
the law abhors a forfeiture, was
the rule, and judges were generally antagonistic
to forfeiture proceedings.
ThickAsThieves: you give your money
to drug distributor as credit for future buys
jurov: so why
the distingushed author felt a need of such utterance?
mircea_popescu: actually if
the us residend youth wasn't braindamaged,
there'd be a bunch of "DRUGS" labeled containers everwhere
nubbins`: jurov: siezing funds in user accounts is like
the cops knocking on my door and demanding
the contents of any jars with "to be used for drugs" on
the label
mircea_popescu: tho
the lavabit prosecutor was
TRYING, as
the judge pointed out
nubbins`: how about
the guy who just
transferred 1btc
to his SR wallet?