72 entries in 0.646s
mircea_popescu: Mocky yes, a full report on this
hawala business very valued accomplishment.
mats: you could
hawala if you don't want to give up your PII to the guy
phf: for me wot is a partial externalization of a
hawala network and as far as -1,0,1 is concerned ~perhaps~ indicates prevalent opinions among the people whose opinion i value, but by convention only. in this sense the wot follows the lords and not the other way around. it has some practical use like serving as a door bouncer and ostensibly letting newbs know who to talk to.
Framedragger: mircea_popescu: ties into (naive or not)
hawala discussions, i guess...
PeterL: so I was thinking about
hawala/wotcoin, would it be reasonable to make some sort of client that eats RSA messages in a sort of [date amount unit RSAkeyIssuer FromRSAkey ToRSAKey] set protocol? each Issuer would have a DB with balances they see, and using WoT could connect multiple issuers?
a111: Logged on 2016-08-14 18:47 phf: Framedragger: i was saying
hawala as an alternative to bitcoin. that was when we were looking closely at the implementation and finding all kinds of insanity.
hawala is a system for tracking long term exposure, and you forego collateral because you have "fuck same woman" wot (i suspect there's still collateral involved when exposure is too high). you don't need hawal when you have near instant calls.
phf: but if the question is, why can't reddit produce
hawala, the answer is so obvious it's kind of a "no shit". you need
http://glyf.org/socdarw.jpg for
hawala, which reddit doesn't have, can't produce and wouldn't recognize when given.
phf: Framedragger: i was saying
hawala as an alternative to bitcoin. that was when we were looking closely at the implementation and finding all kinds of insanity.
hawala is a system for tracking long term exposure, and you forego collateral because you have "fuck same woman" wot (i suspect there's still collateral involved when exposure is too high). you don't need hawal when you have near instant calls.
☟︎ a111: Logged on 2016-04-04 16:22 phf: given the state of things, i'm not convinced that
hawala is the worst we can do
phf: given the state of things, i'm not convinced that
hawala is the worst we can do
☟︎ ben_vulpes: but clearly these are all points that only dirigible captains may discuss over
hawala shortwave.
assbot: Logged on 17-01-2016 16:44:07; ascii_shmoocon: i can think of exactly one: an 'mp-
hawala', where mo transacts with the other 17 or so olympians, indeed requires no minerz...
assbot: Logged on 17-01-2016 16:44:07; ascii_shmoocon: i can think of exactly one: an 'mp-
hawala', where mo transacts with the other 17 or so olympians, indeed requires no minerz...
ascii_shmoocon: and I admit that I wondered since showing up, for what does he need btc, can
hawala all day
ascii_shmoocon: i can think of exactly one: an 'mp-
hawala', where mo transacts with the other 17 or so olympians, indeed requires no minerz...
☟︎☟︎ ascii_field: understand, the thing can work while being used only by mircea_popescu and five other similar fellas to '
hawala' at each other.
ascii_field: if we did, '
hawala' would have used it 2000 y ago.
assbot: Logged on 24-04-2015 19:15:24; funkenstein_: afaik
hawala doesn't come with failsafe refunds in case somebody goes awol
funkenstein_: afaik
hawala doesn't come with failsafe refunds in case somebody goes awol
☟︎ jurov: traditional
hawala seems to work without much technology, why sudden need to introduce nonstd or private TXs?
ben_vulpes: i was always under the impression that there was no single
hawala network.
jurov: the
hawala definition
Adlai: lightning is precisely bitcoin
hawala jurov: anyone thought about how the bitcoin
hawala ought to work?
Adlai imagines
hawala also has higher throughput and lower transaction importance than the hypothetical bitcoin-in-ten-halvings
decimation:
hawala works fine for finance but not for real estate
thestringpuller: (the US claimed 9/11 was funded with the ultiization of
hawala)
thestringpuller: well this is why US hated
hawala during "war on terror" beginnings
dignork: mike_c:
hawala comes up a lot in discussions about remittance business.
ascii_field: (for readers of my site: iirc i referred to bitcoin as 'mechanized
hawala' in my first article on the subject)
ascii_field: mike_c:
hawala is as famous as anything gets, i thought
mike_c: and how the hell did you know what a
hawala was? i first saw that word today.
ascii_field: thing is, actual
hawala isn't a roundedcorners iPnohe turd app
ascii_field: mike_c: usually with '
hawala', works since 900 ad or so
thestringpuller: re: cryptohawala <<< I'm certain most of the L1 and L2 nodes have their local "crypto
hawala" guy
adlai: tl;dr: ripple/stellar are a centralized exchange which publishes its customer database, and uses a
hawala fork for fiat processing
BingoBoingo: As far as I understand it Liberty Reserve was basically just Dollar
Hawala, except derpier
mircea_popescu: course this is more of a case of
hawala reduces to bitcoin
mircea_popescu: asciilifeform if one takes a conceptual
hawala rather than any particular historical implementation, no.