log☇︎
999200+ entries in 0.765s
dub: a dollar?! thats more than I make in a month
dub: so I gues syou use that a lot anyway
gribble: BTCUSD ticker | Best bid: 10.88000, Best ask: 10.96063, Bid-ask spread: 0.08063, Last trade: 10.96065, 24 hour volume: 25505.17163532, 24 hour low: 10.75000, 24 hour high: 11.07000, 24 hour vwap: 10.92276
mircea_popescu: why all the hate ?
Diablo-D3: it is > than.
Diablo-D3: like, a lot more than.
Diablo-D3: dub: I said more than.
dub: more when they breed
dub: we give them ~$1k/month
dub: or they give you a $5k/month benefit?
mircea_popescu: but this is besides teh point
mircea_popescu: Diablo-D3 well in a good month i make that every 3rd day
Diablo-D3: fuck dude, thats like, more than I make in a month :<
mircea_popescu: i couldn't care less about teh 500. i want his head.
mircea_popescu: i don't want the money.
Diablo-D3: how do you get the money
mircea_popescu: Diablo-D3 and you know what ? my jurisdiction allows me to sue him locally. i hope he speaks romanian and is versed in the law.
Diablo-D3: okay so, he fires himself... then... rehires himself?
Diablo-D3: mircea_popescu: oh, well, yeah, theres that
mircea_popescu: Diablo-D3 if you think i'm not sueing him you're naive.
dub: does he have to fire himself?
mircea_popescu: and quite frankly nearing 50 and trying to change careers in this economy...
mircea_popescu: and he has to disclose that on all future applications (which means he can't be hired)
mircea_popescu: but in his case, fraud means he has to be fired (by law)
Diablo-D3: thats why Im just sitting back and watching nefario try to find some internet proof anal bum cover.
Diablo-D3: dont fuck with the net
mircea_popescu: i guess people still fail to understand how deep the internet can come to bite you.
dub: back to sleep with you
dub: except you got fucked directly instead of via a taxman
dub: so its kinda the same
dub: well IRL a lending business has insurance and if the insurer defaults a govt bails it out
mircea_popescu: but the protections of "default" irl don't quite exist in bitcoin.
mircea_popescu: dub depends if the business was in the business of picking debtors.
mircea_popescu: https://bitcointalk.org/index.php?topic=121915.msg1323947#msg1323947 tbh that's my favourite part of it all.
dub: if a business defaults because its debtors default the liability lies with those debtors
dub: his assertion that he would cover from private funds is key
mircea_popescu: it's pretty funny because he's not going to be able to ever find work in his profession again.
mircea_popescu: patrick harnett was hoping to get away with a soft default because he's a special snowflake,
mircea_popescu: Diablo-D3 the patrick hanrett scammer thread in btctalk
mircea_popescu: anyway, for those interested on common mistake caselaw, bell vs lever brothers is the cannonical, lawschool textbook example.
Diablo-D3: Im not scrolling up, but how did we get to the point that this was being argued over?
mircea_popescu: Diablo-D3 in that example i was the bank.
mircea_popescu: in general the way this shit goes is "let's not admit that we've been scammed"
Diablo-D3: [05:28:03] <mircea_popescu> i just did what i normally do : execute what the ceo says i should. it;'s not my job to police the corporate officers of widgets, inc.
mircea_popescu: i punctured this lie bubble.
mircea_popescu: scammer tag is only minimally relevant. the big deal here is that unlike in the pirate case, where everyone involved tried their darndest to hide the ugly truth in the hope they can offload on suckers
dub: it seems to imply intent to scam
dub: yes well thats a problem with the scammer tag system
mircea_popescu: dub that may well be true. but he can't pass it along to me. he will have to go prosecute them himself.
kakobrekla: but he claimed he can handle the scammers no?
mircea_popescu: there's that Roswell State Bank v. Lawrence Walker Cotton Co. case on the subject.
dub: ie, they promised not to deposti his funds in pirate
dub: the argument seems to be that PH is himself a victim of his customers scams, not a scammer
mircea_popescu: i just did what i normally do : execute what the ceo says i should. it;'s not my job to police the corporate officers of widgets, inc.
mircea_popescu: the company can't now sue me for 500k. it will have to go sue in cuba.
mircea_popescu: you draw a 500k cheque on the company, come to my bank, cash it.
mircea_popescu: one day you decide to fuck it all, leave for cuba with your secret lover.
mircea_popescu: you are the ceo of widgets, inc.
smickles: that sound more like fraud, rather than a common mistake
pigeons: the common mistake was thinking patrick would repay
smickles: mircea_popescu: that senario seems wrong to me
mircea_popescu: i won't be held liable, if i acted in good faith. it's between the ceo and the company.
mircea_popescu: basically here's how that thing works : if i'm a bank and i cash a cheque drawn fraudulently by a CEO on his company
mircea_popescu: jk's ideas are all over the place in any event.
smickles: mircea_popescu: i brought up the issue of common mistake because I think that, if for whatever reason the parties involved decided to declare a common mistake, JoelK's suggestion that PH return anything less than the principal is wrong
mircea_popescu: if i sell you 100 acres of land which is registered improperly and it turns out it's really 99, and i had no idea, and you had no idea then it could be argued.
thestringpuller: monopoly fo sure tonight
mircea_popescu: but these distinctions are important.
mircea_popescu: mislead me as to what ?
mircea_popescu: but then it turned out it didn't exist
smickles: I think PH (possibly thru his own ignorrance) mislead you
mircea_popescu: i mean, if me and patrick had a contract about this online currency which we both believed existed cause we read on something awful
mircea_popescu: yes, but i completely fail to see how you reason.
smickles: I don't mean to suggest that it's aplicable in your case tho
smickles: you don't recognise this sort of thing mircea_popescu http://en.wikipedia.org/wiki/Mistake_(contract_law)#Common_mistake
mircea_popescu: read to me like "five year olds can not enter into contracts therefore anything anyone says is invalid" sort of bs.
smickles: the common mistake thing
mircea_popescu: what issue is that ?!
smickles: mircea_popescu: well, the issue joelK raised is "legit", but the solution in that case would be to return the full amount of the principle to you
smickles: also, it shouldn't matter who you are if you've defaulted on a contract, you have still defaulted on the contract
mircea_popescu: lol the stuff people came up with in that thread i swear.
smickles: yeah, but that's nothing like, "you were both mistaken, so mircea, you lose the btc"
mircea_popescu: but i vaguely recall you being trolled a little re arbitrage there too >D
mircea_popescu: usagi is like, the inventor of milk.
smickles: lol, mircea_popescu MPOE-PR posts a defaulted contract asking for a scammer tag and gets trolled hard, I post a defaulted contract asking for a scammer tag and get satisfaction in a day or so
mircea_popescu: might be from that fish taco
dub: I try to read what dishwara wrote and I urgently need to take a shit
mircea_popescu: there does not exist a mental hospital that could in any conceivable way offer a more fertile field of study.
mircea_popescu: i seriously do not understand what psych majors/grad students are thinking.
mircea_popescu: https://bitcointalk.org/index.php?topic=115669.msg1324805#msg1324805 << meanwhile back at the loony farm...
mircea_popescu: dub he doesn't irc anymore because when he tried to come here and "vouch" for nefario i told him where to stick it
dub: 2. Vanish because arguments waste your time
dub: classic convo in -dev, apparently genjix doesnt irc anymore because all the arugments are a waste of time
dub: fish tacos enroute
dub: without reading before that post, is it DMC 2.0?
mircea_popescu: knotwork doing all the heavy lifting.
jurov: couldn't get over these insecurities, eh?
mircea_popescu: (make the infrastructure, let others make the interface)
mircea_popescu: im not entirely clear what'll be like, but i suspect he's gonna try and pull a mpex
jurov: did not knew too, but Serajewel informed me... but it seems there won't be identicons nor easily usable API