thestringpuller: mircea_popescu: i'm gonig to get you investors

thestringpuller: I'm going to solicit rich people to give me money then I'll give it to you

thestringpuller: solid plan right?

thestringpuller: srsly

thestringpuller: I know a few people who are sitting on fiat

thestringpuller: I know a good person to give that to :)

thestringpuller: I'm going to convert it to btc first

thestringpuller: and make it look like a fiat investment

thestringpuller: and just funnel fiat into btc via mpex

thestringpuller: if someone gave me 10,000 dollars I would just put that into btc then give you the btc

thestringpuller: when I say you I mean mpex

thestringpuller: but he can give me an roi :P

thestringpuller: can you give me a solid investment platform pigeons for my investors?

thestringpuller: :P

thestringpuller: ;;calc .05 * 10000

thestringpuller: lol

thestringpuller: I think MPOE has more value to the community than DICE

thestringpuller: I think the future market is a good start, once you're able to buy manufacturing level volumes of commodities, people may use BTC as a primary trade vehile.

thestringpuller: vehicle*

thestringpuller: exactly, government sponsored monopoly it is

thestringpuller: not me, I think it's run by the mafia

thestringpuller: evoorhees: I thought you'd be too busy having fun in New York to drop in on us.

thestringpuller: now you'll get super powers no?

thestringpuller: we should get phys delivery of cocoa by doing a deal with the columbian cartels

thestringpuller: yes because signatures from romanian mobsters will help so much

thestringpuller: there is a large amount of it grown in south america

thestringpuller: unless it's changed

thestringpuller: now that's a good petition

thestringpuller: I would say eCommerce is the worst

thestringpuller: EskimoBob never gives up

thestringpuller: mircea_popescu: the idea you had about certified code review, why not extend that to a code-factory

thestringpuller: ;;seen smickles

thestringpuller: well the thing is mircea_popescu is that with the growing complexity of building code, it may be better for there to be an architect who can design it and to have code monkey's build it

thestringpuller: I feel like giving dividends to shareholders is a waste of capital

thestringpuller: use that money to give bonuses to the CEO's

thestringpuller: i should raise bitcoins to make dexter's lab

thestringpuller: mircea_popescu: come again?

thestringpuller: what did you mean you got assbot?

thestringpuller: another asset exchange?

thestringpuller: ugh

thestringpuller: sounds laaame

thestringpuller: just list on mpex

thestringpuller: yessir

thestringpuller: Utko, what do you own?

thestringpuller: fringe science!

thestringpuller: you know they are working on hyperspace trvel

thestringpuller: like you mircea_popescu ?

thestringpuller: :)

thestringpuller: mircea_popescu: invest in fringe science

thestringpuller: lol

thestringpuller: so how do we get pysical delivery of futures?

thestringpuller: mircea_popescu: did you get my message

thestringpuller: mpex!

thestringpuller: ;;seen smicklea

thestringpuller: ;;seen smicklea

thestringpuller: ;;seen smickles

thestringpuller: what if the personor entity acting as the clearing house had, access to the physical asset via normal channels, fiat on hand to pay for said asset, and btc's on hand. in theory couldn't he sign a pgp contract granting ownership to future holders upon settlement?

thestringpuller: so like mbor (i forget initial for bonds) you could have multiple clearing house entities to deliver physical assets traded on mpex

thestringpuller: as you have mutiple bond holders who help settle optiond

thestringpuller: options*

thestringpuller: so are you in talks to get said clearing houses set up?

thestringpuller: i would do it with cocoa

thestringpuller: youd likely need one house per commodity

thestringpuller: im good friends with a cocoa distributor and I own a warehouse so its possible

thestringpuller: however i wouldnt want to have a paper trail between fiat and btc in the us after the glbse fiasco

thestringpuller: now that i think of it, it wouldn't really matter. if the cocoa comes staright from the distributor, then there is no reason to use am exchange except for pricing

thestringpuller: the us, but delivery to end user could originate from anywhere

thestringpuller: he gives an address and it shows up at his door

thestringpuller: or he is selling it to the coffee shop and he gives that address

thestringpuller: mircea_popescu: one moment i am on a phone lemme change olatforms

thestringpuller: brb

thestringpuller: I was typing from a phone, now I'm tethered in.

thestringpuller: DAT would be directly from distributor to clinet correcnt?

thestringpuller: corret*

thestringpuller: ugh my typing is awful today

thestringpuller: CIF is more comprehensive

thestringpuller: yes so it's on the seller

thestringpuller: as well

thestringpuller: bean, less legality issues in most countries

thestringpuller: i can get beans straight from the farms, as long as I have contracts to sell them against, ergo the clearing house

thestringpuller: yes you drink their nectar everyday

thestringpuller: unless you don't drink coffee

thestringpuller: ideally mircea_popescu my vision was that of buyer X has some Y number of contracts on cocoa, I would need to know his "end game" as where he wants the cocoa to end up, is it part of a portfolio or would he be "sub-distributing" to say coffee shops or a bean roaster

thestringpuller: if he just wants to pick up said asset, and store it in his house from port or whatever delivery terminal that can be arranged, but given we're dealing with the internet (this person could be any place on earth), then there has to be some kind of shipping network

thestringpuller: mainly all I need is a good delivery egineer, the fee would depend on volume

thestringpuller: well ISYS/logistics engineer like those guys who yell at the warehouse packers to make sure UPS is "moving at the speed of business"

thestringpuller: 2 is the most important part

thestringpuller: if XYZ live in Asia, Australia and Europe respectively

thestringpuller: There could be a logistics nightmere

thestringpuller: if all contracts are coming from a geographic convergence point (close to the same area) rather than a divergent one, the cost is significantly lower

thestringpuller: especially with the general volume we are discussing

thestringpuller: for instance if this were barrels of oil and not crates of cocoa

thestringpuller: i have a question about 1: upon the settlement date, the clearing house would immediately purchase said physical assets immediately (whatever total volume dependent on the list from 1 and 2), from money on hand, however would mpex reimburse them (in btc that is)

thestringpuller: i thought the settler and buyer were usually the same or am I confused?

thestringpuller: smickles:

thestringpuller: do you have a moment to talk

thestringpuller: mircea_popescu and I had a good talk :)

thestringpuller: we came up with a question for you though mircea_popescu

thestringpuller: if we are to completely avoid regulation, i.e. paying 0 taxes to the man to support the welfare kids, wouldn't we have to ship from say a private island? or like the middle of the ocean?