log☇︎
849500+ entries in 0.509s
mircea_popescu: sounds like a game that'd never take off.
Vexual: send me bitcoin, then when you go to jail, i send weekly dollar payments for cigarettes, chocolate, protection, whatever
Vexual: designing and manufaturing custom ics would seem to be more trickier than trading second hand video game consoles.
nubbins`: hard times
pankkake: https://bitcointalk.org/index.php?topic=263445.msg3264858#msg3264858 so the official PR gives up
nubbins`: the other ~17m canadians who have tried weed will still be buying it from the black market
benkay: out of how many humans total lol
nubbins`: there's less than 40k licensed medical users in canada
nubbins`: well, legalized recreational use is still a long way off, i think
pankkake: bad news for bitcoin though!
nubbins`: anyway. crazy times in canada. last thing i expected from the harper government.
nubbins`: i'm totally wrong, that decision was reversed
nubbins`: this was all brought about by a judge striking down the old laws
nubbins`: especially under the current government
pankkake: oh, I thought it was still gov only
nubbins`: but now, if imperial tobacco wants to start growing and selling weed, they can
nubbins`: current rules say you can buy from (a) the gov't or (b) private growers, who are allowed to grow for a max of 2 people
nubbins`: it's free market in the sense that anyone can open an industrial-scale weed grow-op
VanCleef: the only asset that didn't crash
pankkake: hm so it's worse than sandstorm actually
VanCleef: Amethyst still king tho
benkay: daha also pankkake +1 for the PIF
benkay: nobody's satisfied with the absurd returns from just holding cryptocurrencies
benkay: there's a reason that gambling is so popular in this space
benkay: how are any of these putzes going to demonstrate any value creation above and beyond a robust cryptocurrency?
kakobrekla: its a step in right direction but ultimatley youd want to grow your own
ozbot: $1.3B medical marijuana free market coming to Canada - Canada - CBC News
ozbot: BitBet - Breaking Bad's Walter White will kill Skylar White in the final season
thestringpuller: where is the breaking bad bit bet
Namworld: He'll play till he goes bust for sure. Typical gambler.
dexX7: do you think he will go broke?
Namworld: He's just winning/losing the same money
Namworld: Might have less than 20k BTC total.
Namworld: Not that I know of, he got lucky and won a lot.
Namworld: Nakowa has made almost 200 million USD volume on JD just today.
gesell: kinda want to explore this option. getting old having to wait so long to get my funds out
gesell: what are the requirements to setup a bank account in Japan?
nubbins`: fuck this, i'm pan-frying some cod
thestringpuller: hangin with the big boys
thestringpuller: Look at TAT_Investments
nubbins`: i think part of the problem is insisting on dressing such things up as securities
TAT_Investments: and if it is whether the rules should be applied differently
nubbins`: agreed on the crowd-funded profit sharing
TAT_Investments: there also exist some legal arguments to be tested
TAT_Investments: many of these are crowdfunding with profit-shares
Apocalyptic: heh, that's a pretty daring mistake
nubbins`: join the asicminer co-op, or the whatever-the-fuck co-op
nubbins`: suppose these things were presented not as securities but as co-ops
Apocalyptic: TAT_Investments, you're wrong about that
TAT_Investments: they are all making wild guesses about why not to try
TAT_Investments: the fact is, no one is actually trying
TAT_Investments: if they are not fiat exchangeres
TAT_Investments: this license fee should not apply to bitcoin businesses the same
TAT_Investments: the license fees are derived from the Euro market as a whole, for example
nubbins`: you'd need teams of people
nubbins`: which is why we're all sitting around waiting for someone else to do it :(
nubbins`: problem being the enormous amounts of money and manpower required
nubbins`: well, with germany's "private currency" thing, that might be workable there
TAT_Investments: and even then
TAT_Investments: and in is opinion there are many ways to circumvent limitations with their takeon bitcoin
TAT_Investments: for example, i spoke with the german law guy about this topic
TAT_Investments: why does it have to be unlicensed?
nubbins`: i have a feeling that most countries in the world would be against the idea of an unlicensed exchange
TAT_Investments: stop comparing them
TAT_Investments: these are not the same things
nubbins`: however, given time, that'll change
nubbins`: they seem to be ambivalent about btc so far
nubbins`: pankkake: the canadian government didn't like demonoid either
TAT_Investments: if the US wants to be left out
pankkake: actually sites like demonoid did block the US. it wasn't enough
TAT_Investments: its not that bad of a compromise
nubbins`: …you WOULD have to block the US
TAT_Investments: if that country is in cahoots with the SEC
TAT_Investments: youd just have to block the US
nubbins`: because sweden requested that cambodia give him up
TAT_Investments: many countries have favorable laws for this
TAT_Investments: its not like that anyway
pankkake: and you know the US hates it
nubbins`: but what country would harbour a foreign national that the US government really, really wants to get their hands on?
nubbins`: i disagree, but whether they have the right is irrelevant; they act as if they do
nubbins`: well, with might comes right, they say
TAT_Investments: they have more than a record
nubbins`: anyway, the USA has long arms
nubbins`: either of those would work
nubbins`: i can't really say that
TAT_Investments: so find a country that it can be done by the books
TAT_Investments: for more than one reason
TAT_Investments: businesses need to be able to raise money and tor would limit that too much
TAT_Investments: forget tor
nubbins`: especially given the propensity for public-web exchanges to get scared of regulation and shutter their operations
nubbins`: and i think that businesses directly involved with btc wouldn't see the move to tor as much of a jump
nubbins`: but i mean, you see very few businesses that are not directly btc-related being listed on btc exchanges
TAT_Investments: we're all very interested in the details
CheckDavid: Just because I want a platform like BTC doesn't mean I want to over take the market, or do any of that.
TAT_Investments: thats too broad nubbins
CheckDavid: kakobrekla, have you considered that maybe I want a private exchange for example? And just want an online platform that can process and allocate equity and stock to certain accounts?
nubbins`: it could be argued that businesses worth listing wouldn't list on any btc exchange
kakobrekla: CheckDavid, on the contrary
nubbins`: well, it depends on the kind of business, i think
CheckDavid: kakobrekla, I think you guys are limited =/