982900+ entries in 0.701s
mircea_popescu: it doesn't really depend. we have centuries of accumulated experience in
trade. by now
things are pretty well known
kakobrekla: in RL
the biggest cost of small bills are
the billing itself
mircea_popescu: because, Namworld,
the costs of administering
this sort of business exceed your profits from doing it.
JohnGalt2: Yes, we do want Joe with his 3-9 dollarz. Bitcoin needs growth, maybe he'll buy more bitcoins after
that
kakobrekla: i dont care if joe comes or not, i just know he doenst have
to know how it works
to use it
Namworld: What if I sell 3-9 dollars
thing?
mircea_popescu: nobody does eitgher, but
that's besides
the point. we don't,.
mircea_popescu: point remains. we don't want
the average joe and his 3-9 dollar
transaction.
Namworld: I'm not
talking about internet only. Just various other services.
kakobrekla: its same with anything
thats more
than a stick and a stone and many people use
gribble: BTCUSD
ticker | Best bid: 13.70001, Best ask: 13.72855, Bid-ask spread: 0.02854, Last
trade: 13.70000, 24 hour volume: 32942.91842052, 24 hour low: 13.61100, 24 hour high: 13.87998, 24 hour vwap: 13.76016
Namworld: That you
take bitcoins or not, your local government could force you
to provide services regardless.
JohnGalt2: I don't
think every user needs
to understand how bitcoin works entirely. I don't, I'm not interested in
the IT stuff, I'm interested in
the moneyz stuf
Namworld: I don't see
that argument as valid. As
the supplier, you set
the price and service provided for it.
mircea_popescu: why do you
think banks wouldn't
take most poor people's accounts if
they weren't legally forced
to ?
mircea_popescu: it costs
to supply
their needs more
than
they are capable of paying.
JohnGalt2: They're not used it
to it because of
their nanny governments
JohnGalt2: Namworld: A lot of
the stupid people don't want
to have fancy internet money without having a possibility
to reverse
transactions
mircea_popescu: but
the effort and expertise involved in doing
this are much more
than what's needed
to make asics
Namworld: What impact does it make
that
they'd use Bitcoins?
mircea_popescu: their business is very expensive. rape-them-in-the-ass corps like banks etc are very good at keeping
their idiocy expensiveness low while
turning a buck
mircea_popescu: Namworld
their misconceptions are for
the greater good.
mircea_popescu: JohnGalt2 im just making
the point
that in
the sense jobs is dead (ie, no longer driving apple) so is satoshi
Namworld: Probably not
that great a comparison. But
they don't need
to know
that much about it. If
they didn't have such misconception of Bitcoins,
they wouldn't oppose using it and could use a
third party processor. Yes,
there's still
the payment processor, but
there's less fees and it doesn't support
the archaic closed credit card/banking system.
JohnGalt2: if btc benefits from a dead satoshi,
then let's kill him?
Namworld: They don't need
to even know
that much about Bitcoin.
mircea_popescu: Graet yes, we will get
them either way.
they're worthless. why bother ?
Namworld: We don't want
them, we want
the business. Why is apple making so much money? For selling easy
to use and elegant products. And
they milk
their customer base as much as possible.
Graet: most of
them dont really understand how fiat or credit cards actually "work" but use
them daily, but feel
they need
to know every intracacy of bitcoin before using it
JohnGalt2: because we want
the stupid people money
Graet: we will get
them whether
they want opr not
Namworld: Well although I guess we already have
that.
Namworld: Well because it needs
to be super short for
the short attention span of people inquiring about Bitcoins.
Namworld: A bitcoin for dummies kind of
thing...
Namworld: Ok, well maybe we need
to get some "stupidized" bitcoin explanation
kakobrekla: im gonna open a chocholate beer i
think
mircea_popescu: this very entrenched western notion
that everyone's entitled
to an opinion.
JohnGalt2: yeah
those morons want centralized shit and
to reverse
transactions. Because
that's what
they used
to and
they gave all
their responsibilities
to nanny governments
mircea_popescu: "Bitcoins, in
theory, could become
the next universal currency. However,
they are a pain
to obtain (if you're not buying
them outright) and
the security model could use some work."
mircea_popescu: "If
there were more robust security, in
the bit coin infrastructure. I'd consider it, but as its setup now, not very likely. "
Namworld: I have
to learn
to stop clicking on polimedia links.
mircea_popescu: However, recent evidence suggests
that Duqu may have been written in Object Oriented C (OO C) and compiled in Microsoft Visual Studio 2008.
Diablo-D3: its
the only one left on
the market
that
they havent raped
the forumula
to
Diablo-D3: mircea_popescu: yeah,
that entire article is full of shit
mircea_popescu: "What makes it possible
to buy drugs with
Tide is not because
Tide is useful as a detergent. It’s because drug dealers and users have agreed
that it is currency."
mircea_popescu: Not really.
They're not at
the LVCC, but at
the Sands Convention Centre.
That's like half an hour away from
the "real" CES.
Ukto: hadntl played bg in a long
time
smickles: agreed, I find myself going back
to it from
time
to
time
gribble: BTCUSD
ticker | Best bid: 13.80302, Best ask: 13.82999, Bid-ask spread: 0.02697, Last
trade: 13.83000, 24 hour volume: 39611.17893164, 24 hour low: 13.55011, 24 hour high: 13.87998, 24 hour vwap: 13.73806
smickles: there were 5 or 6 disks on
that game
smickles: Ukto:
the original baldur's gate?
Ukto: i
think it will
take at least 10hrs of play
to get
to disc2
Ukto: it will
take me a few days
to
test
Ukto: my computer
tried
to die
Ukto: thestringpuller: havent had a chance
to
test
kakobrekla: to whoever might be interested, you can now search bitbet by bitcoin address, and mix
that with keywords etc
smickles: heh,
thestringpuller has been replaced by ;;seen-bot
gribble: Ukto was last seen in #bitcoin-assets 1 day, 1 hour, 2 minutes, and 18 seconds ago: <Ukto> I was actually just
thinking about contacting you
dub: fuck
this si some mind numbing shit
mircea_popescu: update
their systems as soon as possible
to versions 3.2.11, 3.1.10, 3.0.19, or 2.3.15
dub: vim:
the one
true CMS
dub: let me click right on
that
mircea_popescu: dude.
the absence of a bookie means you're not being fucked in
the ass.
Anduck: u win ur bet 1.54
times
Anduck: why is
there no clear odds?
dub: roman numerals, what is
this, junior school
dub: dude
that captcha is HARD
mircea_popescu: dub i like
the odds
tho. it's like... 300:1 but "we win nothing"
dub: I
take it
the
third comment is suggesting if MPOE is goes so does btc
mircea_popescu: thestringpuller a little more complex system, it's in
teh contract.
jurov: yeash, we'll manage
to get
the funds in place
till
that
jurov: i'll go
to sleep,
then before i wake up, mircea will go
to sleep, etc.
jurov: dub, if you want
to fund, hurry.
gribble: smickles was last seen in #bitcoin-assets 2 hours, 8 minutes, and 33 seconds ago: <smickles> as if you could pull
that off
tho
dub: I havent looked and don't have keys handy, is coinbr letting us place bitbet orders for
the IPO?
Namworld: hey gigavps, how long
till your lawyer answers?