log☇︎
996300+ entries in 0.679s
jurov: moving to that exchange level doesn't really solve that. the exchanges must trust each other anyway
Diablo-D3: jurov: they cant.
jurov: how do they verify no one other has them?
jurov: whole pgp chain thing has one problem, i can send the same bonds properly signed to two different people
Diablo-D3: I like the multiple exchange part
Diablo-D3: so no need to do massive pgp chains since they'd never exit the exchange
Diablo-D3: multiple exchanges could trade the bonds as passthrough shares
Diablo-D3: well, would it be a viable way of doing this
Diablo-D3: you know what I mean though
Diablo-D3: well like, what would stop you from buying, say, 50 thousand bonds, and then issuing 50 thousand shares of passthrough?
mircea_popescu: depends what you mean by that.
Diablo-D3: you do pass through shit on mpex right?
kakobreklaaa: where they showed up
kakobreklaaa: remember, i was at that connference in slovenia
Diablo-D3: its up to the bond holder to report his taxes, right?
mircea_popescu: o, they're in slovakia ?
Diablo-D3: yeah, I dont think I have to worry about legal regulations on issuing these bonds
kakobreklaaa: and there is no regulation about it ofc.
kakobreklaaa: i will smell trouble before it hits me
kakobreklaaa: if someone sticks a nose in and tries to tax em or whatever simmilar
kakobreklaaa: i know im safe as long nobody is going after them
mircea_popescu: it'd be a decent utility to have in general.
Diablo-D3: upload your text file, it recursively pgps
Diablo-D3: I'd just put a page up somewhere that does it
mircea_popescu: kinda makes it hard for the 50th user to see if the thing he's being sold is valid.
Diablo-D3: so I'd just write a sh script that just keeps running pgp over and over
Diablo-D3: you'd sign the signed message to do it
mircea_popescu: that'll be fun, if one blob makes it through 50-100 people.
Diablo-D3: mircea_popescu: yeah, but they'd need to also pgp sign it notating who it was sent to
mircea_popescu: what sense does that make ? he who sent the blob can still claim on it
Diablo-D3: mircea_popescu: so Im thinking a non-callable zero-coupon bond
Diablo-D3: and whoever has them by the date of maturity can send them back to me for payment
Diablo-D3: and then they can sell them to other people if they want
Diablo-D3: like, people buy them, I send them a pgp signed blob
mircea_popescu: well then that's a different story.
Diablo-D3: I dont think I want shareholders this time
mircea_popescu: i guess the bar to attract finance has raised considerably
Diablo-D3: like, they say when doing the tech startup game, you're supposed to get right back on the horse
Diablo-D3: I dont know though
Diablo-D3: just let the dmc 1.0 shit sit in a seperate legal container all by itself
Diablo-D3: I wonder if I should just go start dmc 2.0 and try again
mircea_popescu: it's been 2-3 days, there's not 12 assets released.
mircea_popescu: tbh : he as far as we know gave "sort-of" a list to giga
Diablo-D3: Im glad giga scared him straight, none of the rest of us have the money for it
Diablo-D3: and I cant sue him because DMC just doesnt have the resources for that
Diablo-D3: mircea_popescu: same difference in the end
mircea_popescu: it's not clear what exactly the contract was, but probably what you say can be claimed as an implicit agreement
Diablo-D3: the moment he closed doors he was in default of that contract
Diablo-D3: the contract with glbse was between dmc and glbse, he was paid x btc to register the asset.
Diablo-D3: and then everyone jumped up my ass on the thread because I said exactly that
Diablo-D3: because I hired nefario to do a job
Diablo-D3: yeah, I dont know what to do either
mircea_popescu: i suppose it's one of those things gigavps is paying counsel for.
mircea_popescu: i dunno what to say. if you get the list, someone not on it throws a shitfit and claims nefario made a mistake i literally do not know what i'd do.
mircea_popescu: that question is thorny.
Diablo-D3: like, when I get the list, is that the final defacto list and if you're not on it you're boned?
Diablo-D3: btw, is this when I cut off valid claims?
mircea_popescu: https://bitcointalk.org/index.php?topic=113708.msg1348455#msg1348455 << deprived is pretty much the official usagi body slam community representative.
mircea_popescu: as in, nobody of the people who sent email of w/e had any shares in them
Diablo-D3: I dont want DMC to die, really
jurov: hehe... no reason to. Unless all articles were submitted by the same user, which isn't the case.
mircea_popescu: the problem i think is if each trilema article ends up there they'll prolly ban me or something
mircea_popescu: jurov seems pretty much everyone likes bitstamp, unless they fuck up they'll be #2 in short order.
jurov: did not collect statically significant data on reliability, tho :P
smickles: Azelphur: actually, if he's using the same sort that he used to display the full asset list, it'll be well over a week till us
Azelphur: there isn't exactly that many assets
Azelphur: true, but at 3-4 a day you can't be too far down the list
smickles: and I don't understand the limit of 3-4 per day
gribble: Urban Dictionary: proper smickles: <http://www.urbandictionary.com/define.php?term=proper%20smickles>; Mike Carver (smickles) on Twitter: <https://twitter.com/smickles>; smickles (Michael Carver) · GitHub: <https://github.com/smickles>
smickles: mircea_popescu: i can sign and send you the cert to import if you are actually concerned about the state of https on my blog ;)
mircea_popescu: prolly was the manual one.
mircea_popescu: hehe it's not signed in any way, it's just a trackback that links to a https address
smickles: i sent a track back manually, prolly the https one, i'll refrain in the future ;)
smickles: so i don't broadcast my password in the clear
smickles: mircea_popescu: huh, it must do one automatically, and the https i have set up is just for me
mircea_popescu: which has a bad certificate to boot.
mircea_popescu: smickles : i got two trackbacks, one from https
smickles: http://blog.smickles.com/society/the-need-to-know-why/ << if you want to read more of my writing
MrTiggr: if thats the same article i read ;)
MrTiggr: its only microwave invisibility though isnt it ? not visible spectrum ... and only centimetre or less sized items
mircea_popescu: tsk. i just said that's not it
Azelphur: was what I was thinking would yield the answer :P
Azelphur: yea, that's what I was planning on doing
mircea_popescu: then multiply with the smaller of the two volumes
mircea_popescu: you make the averages, substract one from the other
Azelphur: I don't keep business accounts separate from personal, so that ain't gonna work :P
mircea_popescu: all this in the same currency of account.
mircea_popescu: - all you paid for btc added together + all you were paid for btc added togheter
Azelphur: math question, if I'm arbitrating bitcoins, and I have a database with all my trades in it (buy and sell) how do I calculate my profits? is it the difference between average rate * total amount on buy and sell orders?
mircea_popescu: you don't just get pies in the face, you get pies in the ass too.
mircea_popescu: kinda makes the entire point strongert
Azelphur: mircea_popescu: I actually have an interview with the SEC folks coming up next week, I offered to give them any info I have
mircea_popescu: usually the case
Azelphur: mircea_popescu: not just pies in face, the SEC are after him
mircea_popescu: here's one that should prolly be passed around a bit.
Diablo-D3: no, more than half
Namjies: Then it's shared. I don't remember what percentage of the profits the shares actually represent.
Namjies: ASICMINER shares get their .10 paid in dividends in full first from all profits.
Diablo-D3: yes, just not as a full time thing for the first batch
Diablo-D3: he plans on selling them