186 entries in 0.467s
mircea_popescu: "sufficiently persistent
incompetence is indistinguishable from malice."
benkay: so hey are we distinguishing between
incompetence and malice in Bitcoin these days, mircea_popescu ?
tg2: Oops our gross
incompetence lead to this duration but it's really somebody elses fault
mircea_popescu: asset-based corps dampen management
incompetence, allowing outright thieves to run for a longer time than the yshou;d
moiety: ninjashogun, dear, when you begin by talking about
incompetence of managers and people that make food... you cannot really switch to a whole company that is comprised of millions of them. #consistency
ninjashogun: Another example is ATM's that run Windows. On some level that is such an obvious display of
incompetence that it should make most people here shiver.
ninjashogun: No, it's not ridiculous. By any definition of "competent" for which benderp's statement holds true (" a vanishingly thin slice of everyone is competent, and everyone else is constantly justifying their
incompetence to themselves and each other.") it is absolutely true.
benderp: nonsense ninjashogun. a vanishingly thin slice of everyone is competent, and everyone else is constantly justifying their
incompetence to themselves and each other.
mircea_popescu: "Too funny. Despite the incoherence of his blog post, at least MP has finally stepped up and conceded the
incompetence of his former approach to options market making. For finally admitting that and quitting the business of options market making without being adequately prepared, he deserves a positive acknowledgement."
greenspan_fan: you made a prediction that
incompetence will lead to failure
ozbot: The
Incompetence of MT GOX-How it all began - Imgur
greenspan_fan: or, if you prefer, technical people looking to profit off of technical
incompetence Jere_Jones: Seems to me that being incompetent is a transitional phase that must be passed through. The key is to minimize outside exposure to my
incompetence while I work through it?
bones`: "Any sufficiently advanced
incompetence is indistinguishable from malice".
Jere_Jones:
Incompetence is something that everyone starts out with.
mike_c: well, it died from
incompetence. herds of chumps is the only reason we are talking about them.
benkay: one can never fix a reputation for
incompetence.
ozbot: Mt. Gox tries to pin its own
incompetence on Bitcoin bug | ExtremeTech
benkay: Namworld herbijudlestoids how do we profit off of all this
incompetence?
benkay: Namworld herbijudlestoids how do we profit off of all this
incompetence?
Namworld: Oh... I wouldn't as much label it as a scam than
incompetence. Although does the distinction between the two really matter? Same result.
benkay: <benkay> the gox mgmt team has a history of
incompetence KRS-: ya i guess i cant blame them..much
incompetence out there.
pankkake: 1) it's a bank 2) it's a FRENCH bank 3) their website reeks
incompetence Apocalyptic: Mr. Dimon, according to these people, said the bank removes people for
incompetence but noted that wasn't the case here. "If you want me to fire them," he added, "give me their names and I will fire them."
Duffer1: except the american tea party, they're pretty straight up about their
incompetence Namworld: That's poor website security. They could have hosted it on any platform, even the most secure, it doesn't fix
incompetence.
pankkake: 90% ROI (Rate of
Incompetence)
benkay: or just standard bitcorp
incompetence.
fiat500: in my mind this is worse than a scam, its just sheer
incompetence, how do you collect 900 btc for hardware purchases and end up sourcing only 28TH/s for delivery sometime next year?
mircea_popescu: nubbins` poverty and managerial
incompetence are always poor excuses. they claimed they were an exchange, and can compete. then they should be an exchange and compete,
BingoBoingo: Knowing whether he was actually hacked or just stole shit because bitcoin is unknowab le except under certain conditions. I'm just rambling in light of how his trust fell, about how in the best case for him his
incompetence prevents his handling of this from being the best case, or the second best case with respect to a claim to competence he might have offered or professed to have offered in the past.
BingoBoingo: Honestly more than million dollar bitcoin, I'm waiting for the republic of Bitcoin to annex Cuba where despite taking an opposite ideological stance to Fidel's regime this island remains opposed to the USG's
incompetence.
benkay: i'm aware there's competence in the space, i'm asking where the
incompetence is gravitating towards.
pankkake: just
incompetence and little care for investors (he seems to pay himself and his family a nice fat salary)
pankkake: yeah, that's either a lie, or
incompetence BingoBoingo: pankkake: People who insist on being unconnected shadows while taking deposits tend to go TradeFortress either through malice or
incompetence.
firedrops: general
incompetence and minunderstanding of the whole concept?
benkay: just from observing machine behavior from the outside
incompetence was apparent
Lennix1: with the blatant
incompetence of Ukyo/Ukto there will be no fight. Ukyo/Ukto will kill himself
Duffer1: they were supposed to bring a bunch of hash online using their own proprietary chips, they botched it. that coupled with the epic
incompetence of their pr it's all gone to shit
mircea_popescu: questions should reward
incompetence because that's how school works!
kakobrekla: so much
incompetence allaround, wish i could sell it.
taub: their age long history of
incompetence mircea_popescu: (tho given their impossible distribution
incompetence i have no idea why the forum balks at the girl's stating the friedcat guy has no financial sense at all)
taub_: a history of
incompetence benkay_: when bankers do it on purpose, it's business. when munis do it via
incompetence, it's fraud.
kakobrekla: asciilifeform "never assume malice when
incompetence will do" is what they say about bitbet... i think it applies here better
thestringpuller: You depend on MPOE-PR for you PR. You have a board of directors you refer to for advice as quoted here: "Unfortunately the hordes of get-rich-quick noobs allied with the howling
incompetence of so called .exchanges. have prevailed" it is implied this "we" is a collective.
thestringpuller: could you elaborate this statement a little more: Unfortunately the hordes of get-rich-quick noobs allied with the howling
incompetence of so called .exchanges. have prevailed
MJR_: eh,
incompetence is everywhere
mircea_popescu: i guess the most frustrating thing about mtgox
incompetence is just how much worse the competitors are.
mircea_popescu: <mjr_> we are sorry for doing serious damage to an amazing community due to our
incompetence <<< that.
mjr_: we are sorry for doing serious damage to an amazing community due to our
incompetence taub: all this
incompetence leaves so much room for conspiracies lol
punkman: I think they will either run away with the coins, or lose everything due to
incompetence mircea_popescu: they're horrible communicators, with a long history of such
incompetence.
mircea_popescu: but once the frenchies did get it... it's clearly just op
incompetence.
Bowjob: capitalizing on BFL's
incompetence, same specs
mircea_popescu: “Altruism does not mean mere kindness or generosity, but the sacrifice of the best among men to the worst, the sacrifice of virtues to flaws, of ability to
incompetence, of progress to stagnation--and the subordinating of all life and of all values to the claims of anyone's suffering.”
jurov: midnightmagic you revealed your gaping
incompetence in this area then
mircea_popescu: the thing is tho, the net result of mtgox's however we call it,
incompetence, being stretched too thin
mircea_popescu: i'm saying they're either through sheer
incompetence, sheer lack of resources or by actually being frauds behave just like a fraud would.
mircea_popescu: but for now the focus on small busionesses is simply the tell-talle effect of
incompetence and impotence in the bitcoin camp.
gigavps: gigaminers shouldn't have to conceed to nefario's
incompetence jurov: as the saying goes, don't assume malice in something that can be explained by
incompetence smickles: lol, you mean you don't expect
incompetence in the gov't?
mircea_popescu: and the honesty of their
incompetence resonates with the inner vibration of
incompetence in a large mass of others.
rdponticelli: If it was not malice, it was deep
incompetence Diablo-D3: mircea_popescu: the big irony is, I just announced officially Im shutting DMC down due to nefario's
incompetence BTC-Mining: EskimoBob, although most people who present facts/ask questions are often dismissed as troll on the forum. In your case, it's kind of understandable.
Incompetence is not equal to scamming and you keep harassing people as scammers when you believe they are incompetent.
nefario: Most of the accusations against you have been for
incompetence, you'd never be allowed to work anywhere on wall street
nefario: rg: Diablo-D3 has been suspended as the admin of DMC for gross
incompetence on continual request of DMC shareholders
nefario: Diablo-D3 has been suspended as the admin of DMC for gross
incompetence mircea_popescu: so. there's no complete and definitive proof. thinking about it i can actually see the angle for
incompetence possibly prevail over the actual malfeasance angle.
mircea_popescu: shit happens too many times it's either
incompetence or collusion.