946900+ entries in 0.696s
mircea_popescu: you can do
that with power
tools, costs nothing per pound
BitHub: so broke,
they'll have
to live by china's rules soon anyway
dub: mircea_popescu: cheaper
than scraping
them up out of
teh gutter
Thinker: its cheaper in
the long run
to let
them die off
Bugpowder: not really. Healthcare is
the main gov cost
BitHub: get
them
to pay
their proper
tax
BitHub: why don't
the gov get
their money off google and apple first
dub: its cheaper
to give
them $20k/year
to buy ciggaretes and gamble
dub: mircea_popescu: having people dying about
the place is a big burden on society
gribble: There are currently 57979983 bitcoins demanded at or over 0.0 USD, worth 8084076.7019 USD in
total. | Data vintage: 23.3481 seconds
mircea_popescu: <dub> but its cheaper
to feed
them
than let
them die <! ?what ?
gribble: There are currently 148225.44 bitcoins demanded at or over 30.0 USD, worth 5579457.76514 USD in
total. | Data vintage: 0.0145 seconds
gribble: There are currently 0 bitcoins offered at or under 30.0 USD, worth 0.0 USD in
total. | Data vintage: 0.0011 seconds
dub: but its cheaper
to feed
them
than let
them die
dub: and yes look after people less useful
than me
dub: BitHub: I dont live in america, I pay
tax
to get healthcare, education, a working society
BitHub: why pay a middleman
that does a shit job at creating a society?
benkay: you can also
think about
taxation as endorsing your local government
mircea_popescu: dub i don't mind paying whores, but only if
they're on
their knees.
BitHub: yeah dub's right we should pay
tax on it
to get more guns
dub: why not just pay
tax you fucking leeches
benkay: or buy stuff with
them
benkay: that's what
the irs ruling will determine
Bugpowder: I might have
to
take down my localbitcoins profile
though
BitHub: yeah got
to cash out secretly
Bugpowder: Its
the return of
the Honest John system
BitHub: so is
the gov goign
to
tax me from my job or from bitcoin/
BitHub: BitHub paid for
those
tits
Bugpowder: Elon has not responded
to my
tweets re:
the Bitcoins for
Tesla plan
Bugpowder: Suppose you wanted
to buy a
Tesla.
mod6: why would you want
to cash out
to near-worthless fiat?
BitHub: good luck
trying
to cash out 1 million dollars
error4733: they alway hit
the money first (fiat
Bugpowder: But I
think
the market will view as net positive
Bugpowder: If it fucks liquidity
that will be bad short
term
Bugpowder: don't leave
them parked on exchances
BitHub: this is only revelent
to USA people right?
mircea_popescu: Bugpowder if it reads like youi want it
to read we're golden
benkay: someone put
this into
the
title
Bugpowder: I am 75% sure
that IRS will issue
tax guidance before year end
too
BitHub: to be honest id rather go back
to cash
BitHub: you'll just have
the same old dinosaurs controlling bitcoin
Bugpowder: This
the
the DREAM act for bitcoin
benkay: it'll be hard and it'll
take leadership
benkay: i see a road
to acceptance in america.
gribble: BTCUSD
ticker | Best bid: 51.74014, Best ask: 51.99996, Bid-ask spread: 0.25982, Last
trade: 51.99998, 24 hour volume: 75673.06898668, 24 hour low: 47.20000, 24 hour high: 52.87500, 24 hour vwap: 49.44165
benkay: yeah, but norms don't need
to care about
that
mod6: except when
they "freeze" your private key lol
BitHub: i cant wait
to have all
the old dinosaur fucks involved
BitHub: yeah i cant wait
to use paypal's bitcoin service
Bugpowder: A real company will be able
to pass regs
mircea_popescu: Because of
this, keeping money in any other fiat-BTC exchanges
than
those
two is pretty much cruisin’ for a bruisin’. Spot sellers may still be safe for a while, select ones may even be safe forever (as
they’re a subset of
the OTC style marketplace), but for better or worse cowboy exchanges are a
thing of
the past.
mircea_popescu: On a more general note :
the
time of cowboy style, “one man and his hopes” fiat-BTC exchanges has passed.
The exchange market is moving into a new phase.
There is room on it for MtGox, on account of its old age and well known brand, and for people like
the Frenchies doing
that bitcoin-central partner-with-a-bank
thing. All other exchanges are going out, and
things being what
they are
the majority of
them will be go
Bugpowder: Coinlab et al, is unclear. Could be a
tougher road, but leaves a path open.
benkay: i want
to meet
the people who wrote
those regulations
Bugpowder: so breaking up guilds is kinda good
too. BTCguild went over 40%
benkay: great for network. forces miners
to spend in-network.
BitHub: just email
the gov your wallet.dat file and give up
benkay: i don't need
to not pay
taxes
to build profitable businesses period.
Bugpowder: The more clarity
there is
to
the marketplace
the more willing people are
to invest and build companies
benkay: i don't need
to not pay
taxes
to live off bitcoins
benkay: but sometimes
they let
things be and
try
to just go after criminals
benkay: the usg has a
tendency
to overreact, and may yet
BitHub: feel like herston at
the end of planet of
the apes
benkay: don't click
that link if you value your privacy
benkay: the way i see
this is
that some bureaucrats decided
to let bitcoin grow on its own here
benkay: or whatever
their name is
Chaang-Noi: if i was in
the usa i would offer a much better service, i have shitloads of stuff in stock already
mod6: cuz back in
the day
they didn't have fancy ass
tld's like co, or us lol
gribble: There are currently 1728.8819 bitcoins offered at or under 53.0 USD, worth 91113.8927114 USD in
total. | Data vintage: 0.0012 seconds
dub: people on
this call
thinking im nuts now
mod6: and by "guy" i mean
the goat, not
the actual human
mod6: i like
the guy @ 1:20 or so, cracks me up