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Wed Mar 02 17:42:18 UTC 2016  <mircea_popescu>   so far - it goes about as well as you'd expect.

Wed Mar 02 17:42:12 UTC 2016  <mircea_popescu>   this is what it does for its living : tries to extract value out of the greatly economically valuable bitcoin thing.

Wed Mar 02 17:41:50 UTC 2016  <mircea_popescu>   lmao. why the fuck would you, or anyone else, expect me to spend my own money to resolve bitbet's problems ? what is this company, a charity conduit ?

Wed Mar 02 17:26:10 UTC 2016  <mircea_popescu>   hey, i'm in the business of fundamentals, apparently.

Wed Mar 02 17:25:11 UTC 2016  <mircea_popescu>   i am not in the slightest proposing this. i am saying however that the toilet may be part of the solution, but can't be THE solution.

Wed Mar 02 17:23:54 UTC 2016  <mircea_popescu>   so it is.

Wed Mar 02 17:23:35 UTC 2016  <mircea_popescu>   in other news, https://bitbet.us/ << bitbet payouts suspended as seen there.

Wed Mar 02 17:22:34 UTC 2016  <mircea_popescu>   so... no. you can't solve the problem of fiat through technological means, be they bitcoin or anything else. the same people that abandoned the fiat to "mysterious entity" will just as readily abandon bitcoin, and their own asshole.

Wed Mar 02 17:21:53 UTC 2016  <mircea_popescu>   asciilifeform i've been thinking about it, but i don't think this is actually resolvable. as it happens - the "magically working network - we don't know how it works" thing is much more appealing to the average joe than you know, "this is my node. i will defend it with my life". what life, are you kidding, got sitcoms to watch and shit.

Wed Mar 02 17:20:07 UTC 2016  <mircea_popescu>   did you get the part where tx2 is really tx1 and was sent 8 days prior to what you insanely call tx1 ?

Wed Mar 02 17:19:26 UTC 2016  <mircea_popescu>   dude...

Wed Mar 02 17:18:02 UTC 2016  <mircea_popescu>   PeterL looky, i'm not going to carry on this conversation. i get it, you wish to be dense and stonewall. fine, but stop derping at me about it.

Wed Mar 02 17:17:04 UTC 2016  <mircea_popescu>   i'm a masochist like that.

Wed Mar 02 17:16:59 UTC 2016  <mircea_popescu>   so that the problem can be fully exposed, in detailed, solid fact, so as to be handwaved by people.

Wed Mar 02 17:16:35 UTC 2016  <mircea_popescu>   or at any rate something-like-it. of the vast array of various nonsense readily available in ample stores on this networked currency of the future.

Wed Mar 02 17:15:50 UTC 2016  <mircea_popescu>   kakobrekla yes, by the time the 4th txn trying to pay out bitbet vanished without a trace, i was sort-of expecting it.

Wed Mar 02 17:15:16 UTC 2016  <mircea_popescu>   mkay then.

Wed Mar 02 17:13:41 UTC 2016  <mircea_popescu>   whether i am surprised or not is not included in this discussion. i don't recall saying i was surprised, nor does over-the-lan telepathy historically work. moreover, my own state is deeply irrelevant : the problem is there, and it's grinning at you.

Wed Mar 02 17:11:04 UTC 2016  <mircea_popescu>   wait, what ?!

Wed Mar 02 17:09:04 UTC 2016  <mircea_popescu>   this part isn't controversial.

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