http://trilema.com/2013/rota-post-mortem/ Moving targets for a fast crowd. Fri, 01 May 2026 11:17:11 +0000 http://polimedia.us hourly 1 http://trilema.com/2013/rota-post-mortem/#comment-147391 The Basilikon Doron, or "Royal Gift", a Constitutional « The Whet Sat, 01 Feb 2020 17:41:47 +0000 http://trilema.com/?p=45692#comment-147391 [...] and equitie"; James draws upon the account of a young Cyrus the Great24 to illustrate this point also meanwhile very well lost on the masses. Ancient people25 learned these lessons as children, you realize. We're stuck with adults who still [...] [...] and equitie"; James draws upon the account of a young Cyrus the Great24 to illustrate this point also meanwhile very well lost on the masses. Ancient people25 learned these lessons as children, you realize. We're stuck with adults who still [...]

]]> http://trilema.com/2013/rota-post-mortem/#comment-139756 MPOE, January 2014 Statement on Trilema - A blog by Mircea Popescu. Tue, 07 Jan 2020 00:27:18 +0000 http://trilema.com/?p=45692#comment-139756 [...] OpenBSD. [↩]One time expenditure, related to the closure of the ROTA system. This completes that debacle. [↩]Currently this means BitBet. [↩]As described in March 2013. Fortunately the [...] [...] OpenBSD. [↩]One time expenditure, related to the closure of the ROTA system. This completes that debacle. [↩]Currently this means BitBet. [↩]As described in March 2013. Fortunately the [...]

]]> http://trilema.com/2013/rota-post-mortem/#comment-139261 Introducing S.MG - The Ministry of Games. on Trilema - A blog by Mircea Popescu. Mon, 06 Jan 2020 23:45:55 +0000 http://trilema.com/?p=45692#comment-139261 [...] the deployment of novel ideas in Bitcoin has turned out poorly, and so you are very well advised to bear in mind that this is alpha stage Bitcoin finance and [...] [...] the deployment of novel ideas in Bitcoin has turned out poorly, and so you are very well advised to bear in mind that this is alpha stage Bitcoin finance and [...]

]]> http://trilema.com/2013/rota-post-mortem/#comment-139108 Why MPEx is better than fiat institutions, part 349085 : we don't use Excel. on Trilema - A blog by Mircea Popescu. Mon, 06 Jan 2020 23:31:39 +0000 http://trilema.com/?p=45692#comment-139108 [...] conduct outside reviews resulted in expensive, flawed and ocasionally nonsensical reports. You know, just like ROTA worked out. [↩]As noted above, VaR is a metric that attempts to estimate the risk of loss on a portfolio [...] [...] conduct outside reviews resulted in expensive, flawed and ocasionally nonsensical reports. You know, just like ROTA worked out. [↩]As noted above, VaR is a metric that attempts to estimate the risk of loss on a portfolio [...]

]]> http://trilema.com/2013/rota-post-mortem/#comment-93249 Bitcoin’s future will include regulation, will it be self-regulation or imposed regulation? | Bitcoin Reporter Mon, 20 May 2013 18:17:05 +0000 http://trilema.com/?p=45692#comment-93249 [...] This sort of behavior simply can’t stand just because transactions are irreversible (the customer could not simply go to his bank, explain the mistake, and have the funds recredited to the proper account). In this case, the argument escalated quickly and resulted in an ad-hoc court (which was created by the exchange operator) being called upon to decide who should rightfully possess the said bitcoins. As long as there are operators like that, then yes, bitcoin will need regulation from outside parties. And incidentally, the exchange operator lost the case in the court he created. The question is why it even had to go to “court” in the first place, then had the gumption to complain that he was the victim of the case and disbanded the court. [...] [...] This sort of behavior simply can’t stand just because transactions are irreversible (the customer could not simply go to his bank, explain the mistake, and have the funds recredited to the proper account). In this case, the argument escalated quickly and resulted in an ad-hoc court (which was created by the exchange operator) being called upon to decide who should rightfully possess the said bitcoins. As long as there are operators like that, then yes, bitcoin will need regulation from outside parties. And incidentally, the exchange operator lost the case in the court he created. The question is why it even had to go to “court” in the first place, then had the gumption to complain that he was the victim of the case and disbanded the court. [...]

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