← | Results 39001 ... 39250 found in all logged channels for 'f:nubbins' | →
(trilema) nubbins`: all drawing salaries
(trilema) nubbins`: you'd need teams of people
(trilema) nubbins`: which is why we're all sitting around waiting for someone else to do it :(
(trilema) nubbins`: problem being the enormous amounts of money and manpower required
(trilema) nubbins`: well, with germany's "private currency" thing, that might be workable there
(trilema) nubbins`: and with licensing comes enormous, massive regulatory hurdles and oversight
(trilema) nubbins`: what country would license a btc-based exchange?
(trilema) nubbins`: the question becomes:
(trilema) nubbins`: it doesn't
(trilema) nubbins`: i have a feeling that most countries in the world would be against the idea of an unlicensed exchange
(trilema) nubbins`: however, given time, that'll change
(trilema) nubbins`: they seem to be ambivalent about btc so far
(trilema) nubbins`: pankkake: the canadian government didn't like demonoid either
(trilema) nubbins`: sucks for americans, great for everyone else
(trilema) nubbins`: problem solved
(trilema) nubbins`: …you WOULD have to block the US
(trilema) nubbins`: because sweden requested that cambodia give him up
(trilema) nubbins`: and gottfried svartholm or whatever his name is sits in jail
(trilema) nubbins`: but what country would harbour a foreign national that the US government really, really wants to get their hands on?
(trilema) nubbins`: i disagree, but whether they have the right is irrelevant; they act as if they do
(trilema) nubbins`: well, with might comes right, they say
(trilema) nubbins`: and has a record of being persuasive
(trilema) nubbins`: anyway, the USA has long arms
(trilema) nubbins`: either of those would work
(trilema) nubbins`: i can't really say that
(trilema) nubbins`: no such country exists
(trilema) nubbins`: exchanges shutting down because of fear of regulators is kind of limiting as well
(trilema) nubbins`: especially given the propensity for public-web exchanges to get scared of regulation and shutter their operations
(trilema) nubbins`: and i think that businesses directly involved with btc wouldn't see the move to tor as much of a jump
(trilema) nubbins`: but i mean, you see very few businesses that are not directly btc-related being listed on btc exchanges
(trilema) nubbins`: it could be argued that businesses worth listing wouldn't list on any btc exchange
(trilema) nubbins`: well, it depends on the kind of business, i think
(trilema) nubbins`: pure p2p would be a nightmare for synchronizing
(trilema) nubbins`: anyway, tor-based exchange. arguments against?
(trilema) nubbins`: medium freq!
(trilema) nubbins`: anyway, bots will be sad, but hey
(trilema) nubbins`: MFT, i should have said ;)
(trilema) nubbins`: but it skips around the jurisdiction thing nicely
(trilema) nubbins`: i mean, it's slow as fuck, so HFT is out the window
(trilema) nubbins`: yeah, i'm kind of surprised there are no major exchanges hosted on tor
(trilema) nubbins`: transylvestment
(trilema) nubbins`: let's get started
(trilema) nubbins`: YOU HAVE A LOGO, RIGHT?!
(trilema) nubbins`: if you ask more specific questions, you might get helpful answers
(trilema) nubbins`: CheckDavid: well, y'know, your original question wasn't very helpful.
(trilema) nubbins`: merch before all else
(trilema) nubbins`: we can do hand-printed business cards too. they look and feel pretty cash.
(trilema) nubbins`: i can make t-shirts for you
(trilema) nubbins`: the rest kinda falls into place
(trilema) nubbins`: starts with the name
(trilema) nubbins`: in that case, what step are you stuck at?
(trilema) nubbins`: oh! maybe you did!
(trilema) nubbins`: CheckDavid: i think you may also be underestimating the amount of money this will cost
(trilema) nubbins`: how do you hope to operate an exchange if you have to be told that you'll need someone to write/provide software, and someone to admin the website?
(trilema) nubbins`: so the first thing you'd need to do is figure out why you couldn't get this far on your own :(
(trilema) nubbins`: i get the feeling that you're maybe 14 years old, maximum
(trilema) nubbins`: offering bug bounties is also a good idea
(trilema) nubbins`: you know what i mean?
(trilema) nubbins`: but, then, you're just trusting that other developer as well
(trilema) nubbins`: unless you paid another developer to review the code
(trilema) nubbins`: oh, you would never be able to be certain
(trilema) nubbins`: and then you find someone to manage the exchange for you
(trilema) nubbins`: so now you must find someone willing to write the exchange software for you
(trilema) nubbins`: do you have money?
(trilema) nubbins`: CheckDavid: he'd have to hire people who know what they're doing, so the only thing he would need is money.
(trilema) nubbins`: it's very straight-forward
(trilema) nubbins`: what part are you stuck at?
(trilema) nubbins`: CheckDavid: what exactly is your question?
(trilema) nubbins`: where do i send my coins?
(trilema) nubbins`: oh, yeah, right, it's an obvious ponzi
(trilema) nubbins`: if only there was a word for that kind of scheme
(trilema) nubbins`: or using your coins to pay off people pulling their money out
(trilema) nubbins`: obv not a ponzi
(trilema) nubbins`: uh, it says "NO RISK" in all caps
(trilema) nubbins`: and now i keep stabbing the wound with whiskers whenever i stroke my chin :(
(trilema) nubbins`: accidentally stabbed myself right in the finger crease with a phillips head screwdriver
(trilema) nubbins`: bona fide fucktards
(trilema) nubbins`: i wonder what qualifies as a bona fide
(trilema) nubbins`: lots of places won't do it
(trilema) nubbins`: it's hard to insure houses in the downtown area here
(trilema) nubbins`: anyway, next year, i'll hopefully remember this fiasco, and switch providers
(trilema) nubbins`: she couldn't even tell me where the nearest bank was!!
(trilema) nubbins`: it's incredibly inconvenient to not be able to use credit
(trilema) nubbins`: but i mean, seriously. it's an insurance company -- they generally only deal with large payments
(trilema) nubbins`: i did what i could
(trilema) nubbins`: so there's a legit chance that if she says "listen, this keeps happening because we don't take CCs", someone will listen
(trilema) nubbins`: it's a small insurance company
(trilema) nubbins`: but if it happens to her enough, maybe they'll change their policies
(trilema) nubbins`: oh, not at all
(trilema) nubbins`: no, it's inconvenient
(trilema) nubbins`: and told me i could leave
(trilema) nubbins`: and then she lost count
(trilema) nubbins`: then i said "so why don't you guys take credit cards, anyway?"
(trilema) nubbins`: she looked very confused
(trilema) nubbins`: "no, i asked for these"
(trilema) nubbins`: the receptionist said "this is what they gave you?"
(trilema) nubbins`: they didn't accept credit cards! like, what the fuck?
(trilema) nubbins`: purely out of spite
(trilema) nubbins`: i paid my home insurance ($1200) with fives
(trilema) nubbins`: no doubt this came about because some asshole tried to buy a car with pennies
(trilema) nubbins`: 25 loonies, 20 toonies
(trilema) nubbins`: 40 quarters
(trilema) nubbins`: 100 nickels
(trilema) nubbins`: there's different limits for each coin. they can refuse to accept more than 25 pennies
(trilema) nubbins`: but the shopkeep could refuse me
(trilema) nubbins`: so i couldn't pay for a case of beer with a couple of those $20 coins
(trilema) nubbins`: and apparently if the coin has a face value greater than $10, the other party can refuse to accept more than one coin
(trilema) nubbins`: im reading about paying for things with coins
(trilema) nubbins`: "(2.1) In the case of coins of a denomination greater than ten dollars, a payment referred to in subsection (1) may consist of not more than one coin, and the payment is a legal tender for no more than the value of a single coin of that denomination."
(trilema) nubbins`: huh. regarding those $20 for $20 coins we were talking about earlier:
(trilema) nubbins`: heavy lels
(trilema) nubbins`: hahahahahahaha
(trilema) nubbins`: anyway i have tenants moving in tomorrow, gotta clean up a bit
(trilema) nubbins`: most of them are butt ugly
(trilema) nubbins`: that one's kinda cool
(trilema) nubbins`: they look so crappy
(trilema) nubbins`: this whole "coloured coin" kick the mint's on lately sucks
(trilema) nubbins`: although i have to say
(trilema) nubbins`: mind blown
(trilema) nubbins`: conversation just went full circle
(trilema) nubbins`: you know that krypton is real, right?
(trilema) nubbins`: at least at the bank
(trilema) nubbins`: and i don't forsee any problems with exchanging them as face value
(trilema) nubbins`: anyway, point being, i think these coins are great
(trilema) nubbins`: seems like a terrible way to scam money
(trilema) nubbins`: but it's an incredibly labourious process to make dies
(trilema) nubbins`: oh, yeah, no doubt
(trilema) nubbins`: and have you ever seen the level of detain in these silver coins from the mint?
(trilema) nubbins`: have you ever seen a hand-poured coin?
(trilema) nubbins`: they're gonna verify your hand-poured coin as legal tender?
(trilema) nubbins`: and then you get charged with counterfeiting currency
(trilema) nubbins`: and then you're explaining to the cops what this funny coin is
(trilema) nubbins`: then THEY call the cops
(trilema) nubbins`: bring them to court?
(trilema) nubbins`: they say no, what are you gonna do? call the cops?
(trilema) nubbins`: well, "must" is a funny word
(trilema) nubbins`: so i go to the bank instead. problem solved
(trilema) nubbins`: a private citizen would be crazy to accept one of these coins as legal tender
(trilema) nubbins`: i see what you're saying
(trilema) nubbins`: and it'll pass muster?
(trilema) nubbins`: you're trying to tell me you can hand-pour silver into a 3d printed mould
(trilema) nubbins`: free money machine. get it mailed to your mom's house
(trilema) nubbins`: free money machine. buy a 3d printer
(trilema) nubbins`: free money machine. buy a plane ticket
(trilema) nubbins`: Diablo-D3: so what are you waiting for?
(trilema) nubbins`: essentially, the mint is saying "hey, trade your shitty paper money for sweet coins with a tiny bit of silver"
(trilema) nubbins`: they'd keep them, or sell them to coin collectors at a profit, or spend them at the grocery store
(trilema) nubbins`: and sell them for spot
(trilema) nubbins`: and that's why nobody would bring these coins to you
(trilema) nubbins`: and they're selling them at face value
(trilema) nubbins`: the mint is the only place you can buy these coins
(trilema) nubbins`: Diablo-D3: because the coin collector paid $20 each
(trilema) nubbins`: Diablo-D3: no you can't
(trilema) nubbins`: you can only buy them for $20
(trilema) nubbins`: Diablo-D3: you cant buy them for $5
(trilema) nubbins`: $100 face value, but only 1oz silver
(trilema) nubbins`: no it's not
(trilema) nubbins`: they're worth more as face value than bullion
(trilema) nubbins`: but with these 20 for 20 / 100 for 100 coins
(trilema) nubbins`: usually with bullion coins, nobody gives a fuck about the face value because it's more valuable as bullion
(trilema) nubbins`: anyway, the point i was making is
(trilema) nubbins`: Diablo-D3: no
(trilema) nubbins`: they sell silver maple leafs for $95, where you can buy them from any coin shop for $25
(trilema) nubbins`: see, the mint itself sells coins at HUGE markups
(trilema) nubbins`: pigeons: they'd sell it as metal
(trilema) nubbins`: pigeons: yes, but nobody would do that
(trilema) nubbins`: pigeons: on what point am i mistaken?
(trilema) nubbins`: Diablo-D3: fair enough, although that's an odd way to say it
(trilema) nubbins`: pigeons: i'm mistaken?
(trilema) nubbins`: give me a situation where $1USD != $1USD
(trilema) nubbins`: pankkake: well, if you could deposit CAD in your USD bank account...
(trilema) nubbins`: pankkake: but it's legal tender. they can't refuse it
(trilema) nubbins`: pankkake: they might have to call a manager over
(trilema) nubbins`: or walk into a bank and deposit it to your account
(trilema) nubbins`: walk into a store and hand it to the cashier
(trilema) nubbins`: pankkake: you mean, how can i exchange my $20 coin for $20?
(trilema) nubbins`: the $100 coin is only slightly over 1ozt
(trilema) nubbins`: THAT'S WHY THEY'RE SO AWESOME
(trilema) nubbins`: the mint makes them
(trilema) nubbins`: it's legal tender
(trilema) nubbins`: but i can walk into a store and purchase $20 worth of goods with it
(trilema) nubbins`: they're only worth about $6 as silver
(trilema) nubbins`: and that's why i find these coins so interesting
(trilema) nubbins`: yes, correct
(trilema) nubbins`: nonsensical for it to say 25 cents?
(trilema) nubbins`: so, say, a US quarter
(trilema) nubbins`: they could just as well be steel coins
(trilema) nubbins`: well, see, that's what's funny about these 20 for 20/100 for 100 coins
(trilema) nubbins`: i guess i'm mildly confused about the lol
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