95600+ entries in 2.046s
fluffypony: mircea_popescu: can'
t be much volume tho?
BingoBoingo: mircea_popescu: I don'
t think I have the time to effectively do btc/usd artbitrage
BingoBoingo: asciilifeform: Maybe that powdered alcohol will be cheap enough to build a rocket, because I don'
t anticipate it being very drinkable.
fluffypony: weren'
t we talking about quantum computing earlier?
davout: isn'
t it, if you miss either you're fucked ?
davout: jurov: the rationale is that if you count as valid bets that were sent very close to the time limit, and refund those who confirmed slightly after, you're creating an incentive to cheat since failure at cheating isn'
t punished
jurov: i don';
t see how abandoning that notion is an improvement
mircea_popescu: in this sense, the fiat taboo on counterfitting is nonsensical, but we didn'
t notice this to be the case until bitcoin mapped better on the actual reality.
mircea_popescu: kinda why doge is a dodgy scam : cause their coins don'
t conserve.
ThickAsThieves: in fact, don'
t people do things at times strictly for the points?
ThickAsThieves: <+mircea_popescu> so no, that's what it is : it isn'
t a wot because it can'
t be /// well i can accumulate points no? and at any given time, a maximum amount can be had, and every time a user joins anew, the system inflates to accommodate
mircea_popescu: so no, that's what it is : it isn'
t a wot because it can'
t be
jurov: you won'
t get useful info whether to trust gox from only some "mtgox" tag
ThickAsThieves: if the theory can be applied to the Sun and elements, surely applying it to the Bitcoin system isn'
t absurd
bounce: haven'
t really paid attention to exactly what putin said in response to snowden, but them russkies don'
t appear to engage in dragnet-and-store type surveillance. they know very well who they're after and they're good at it, if not very subtle.
bounce: lucky this isn'
t -otc then eh
dexX7: ah, only saw your query a few seconds ago and didn'
t really notice
only: "bounce: there's also the revenue model. who'll benefit? thence, who'll build the thing?" - can'
t one hard code an escrow commission into a p2p app?
mircea_popescu: fluffypony it's actually a measure of their thing failing. in the sense they can'
t pass off the scamcoin fast enough for their dump-and-dillute engine to actually extract enough value out of the environment to keep the ball rolling.
mircea_popescu: <only> ThickAsThieves: as long as the 3rd party can be anyone, isn'
t it enough? << definitely not.
only: ThickAsThieves: as long as the 3rd party can be anyone, isn'
t it enough?
bounce: to some people "decentralised" is a buzzword. "it must be decentralised!" -- yeah, sure. leaving aside the "how" for a moment (you did think that one through, didn'
t you?), there's the "then what?" as in how'd you use that in practice? did you just go from a single point of failure to N of those? how does that make the situation better? what if something goes wrong, someone rips you off, et cetera?
mircea_popescu: anyway, i hope taaki doesn'
t end up sending intenret hitmen to kill me or something
gribble: (seen [<channel>] <nick>) -- Returns the last time <nick> was seen and what <nick> was last seen saying. <channel> is only necessary if the message isn'
t sent on the channel itself. <nick> may contain * as a wildcard.
benkay: was this the key that didn'
t match the wot key associated with the name?
mircea_popescu: already good software is gpg based as a matter of course. so what if microsoft doesn'
t want to sign ?
mircea_popescu: the problem here is that people interact with an entity calling itself at&
t and using a non-gribble method of authing.
benkay: mircea_popescu: what delta-
t is it leveraging, though?
mircea_popescu: ThickAsThieves lol i didn'
t click. i guess he's a slow reader.
mircea_popescu: ThickAsThieves the chronicles didn'
t work that fucking well, either.
mircea_popescu: (and the fact good names aren'
t being squatted to fuck amazes me, and it is a testament to the fundamental economic ineptitude of geeks)
ThickAsThieves: ATT sends me email about some privacy shiz and says "To allow AT&
T to use your CPNI, no further action is required. "
mircea_popescu: i know what i said, what i don'
t follow is what you said.
mircea_popescu: so if it doesn'
t satisfy #2, it's not a medium of exchange
davout: okay, wasn'
t showing at first on bitcoin-otc
davout: weird, the message doesn'
t get picked up
mircea_popescu: bitcoinpete the pattern being that peeps are trolling you or that peeps don'
t read your blog ?
jborkl: then it should be madesafe right? I guess I don'
t get the pun
bitcoinpete: not my harshest rebuke… don'
t feel like tearing assholes before breakfast
jborkl: The next day Brewster shocks the management team by telling them that the 5,000 BTC have…..overnight become only 140! "Actually I thought we had 5,000, but I have checked the wallet and the coins are not there, I spent them somewhere but I don'
t remember on what.......we have only 140 coins left. I am going to the UK to find investors. I will send you the 140 coins left and also sell my Mercedes
fluffypony: bitcoinpete: every time I see a video with him linked to on /r/bitcoin it just seems like a link to a TED talk, and I can'
t be bothered to watch TED talks
fluffypony: am I the only person who hasn'
t seen him speak / heard him interviewed / watched him in a video?
mircea_popescu: maybe he should change his spiel from his current nonsense. apparently that doesn'
t help anything.
bitcoinpete: Brewster: "Actually I thought we had 5,000, but I have checked the wallet and the coins are not there, I spent them somewhere but I don'
t remember on what.......we have only 140 coins left."
fluffypony: and unfortunately in the case of many an operator in the Bitcoin/cryptocurrency space they don'
t scale their control measures in line with the money they control
fluffypony: I think it goes back to a discussion I had with someone the other day - he was espousing the values of the Dogecoin community, and how nice everyone is, and they don'
t have "scams like Bitcoin has"
fluffypony: davout: and this is why I don'
t gamble
HeySteve: unsure why not, doesn'
t it increase costs for spies?
davout: HeySteve: there is no "person who can'
t do that", there are lazy people
HeySteve: Apocalyptic, I'd encrypt myself for anything sensitive but this will improve things for people who can'
t do that
Apocalyptic: "we do everything possible to make Lavaboom easy to use while keeping the service as secure as possible." HeySteve, you can'
t have it both ways
chairman_meow: ThickAsThieves: i want to invest in gambling sites. I just don'
t want to put everything in just-dice
fluffypony: although probably 95% of my mails aren'
t encrypted or gpg signed because that would require educating all recipients on how to decrypt them
mircea_popescu: it's not encrypted to stop google reading it. it couldn'
t be
Naphex: didn'
t google launch gmail just too show ads on your mail context?
mircea_popescu: aren'
t these gizmos like required by the classification board ?
Naphex: yeah, don'
t think they signed it yet
HeySteve: I hear what you're saying about the IQ barrier of GPG. we don'
t aim to replace that, only add to it
mircea_popescu: <HeySteve> well, in terms of WoT there is a time cost to registration with gribble << more like an intellectual cost. this is good, because idiots don'
t manage to figure out how to do it, which serves us and them.
mircea_popescu: exactly the way i handle btc, incidentally. just don'
t sound like the lumpens and you'll be okay.
fluffypony: small enough that the guy referring one or two customers won'
t care
fluffypony: I won'
t pay to use the system when there's a perfectly good free one I'm already on :-P
mircea_popescu: HeySteve i don'
t follow ? the wot is integrated with any cryptocurrency as it is. i can and have rated people for say... atc deals.
fluffypony: although tbh I don'
t know why sites like that and BTCJam etc. don'
t just integrate with the WoT
mircea_popescu: dexX7: bci allows to push signed transactions but no signing << there's a reason for this. you shoulodn'
t be providing privkeys.
mircea_popescu: (and even if it isn'
t, i'm pretty sure that's their rationale)
bounce: like you're ever going to take it out and put it somewhere else. even so, throttling the uplink doesn'
t really buy you much of anything, hardware wise
mircea_popescu: because rather than buy the cutter they just don'
t cut it.
bounce: it doesn'
t really make sense to throttle the uplink on glass, though. it's likely just throttled gigabit.
mircea_popescu: AND they will layer it for you. you can get 1tbps both ways in this country, and it won'
t break your bank.
fluffypony: quite unlike the Germans who won'
t use it if it's not in German
mircea_popescu: they have their own official site and everything. problem is, they don'
t have much english support on the web, being.. you know, a romanian language band.
fluffypony: yeah but wouldn'
t your competition be lyrics sites?
cazalla: i don'
t tbh as i'm still relatively young and by the time i'm old, perhaps there will be a cure
HeySteve: fluffypony, don'
t think it's the splitter, got a new one. think water is getting in the line somehow
mircea_popescu: great somalian film. in it there's a scene where old woman can'
t talk on cellphone
mircea_popescu: HeySteve don'
t get me wrong, i'm not laying into you personally or anything