Post
Topic
Board Securities
Re: [BitFunder] Asset Exchange Marketplace + Rewritable Options Trading
by
molecular
on 09/11/2013, 07:01:33 UTC
I think it's time to start supporting p2p type exchange architectures like the ngccc (colored coins) Project... they need help and I bet money helps, too.

We can't complain if we don't help.

Colored coins cannot replace an actual stock exchange. The point was made in January.

Phew. I read through "problems" 0 through 4.

Didn't convince me. You'll probably accuse me of ignorance, stupidity or something else and I couldn't care less.

I had to stop reading at "problem 4"... where the "grandiose master" accuses whoever is on the receiving end of this mindless rant of... wait for it: "incredible arrogance".

the quotes are from the linked article, go read it guys, it's priceless. ah fuck it, I'll quote it:

Problem 4 : Permeating all the foregoing and sufficiently so to become a problem in its own right is the incredible arrogance of the recently liberated corporate slaveboisxi working as independent coders. Seriously, start working on the BTC securities trade system of the future without ever having worked for MPEx, without having humbly presented your inept ideas to the most grandiose master Mircea Popescu (ie, me), without anything like that ? O, why, because you’re a special little trainflake of brilliance and genius who can ? Really ?

So having worked for mpex is a precondition to be allowed to code a securities exchange now? Maybe you should tell the IBM that fact.

I can see this is obviously not about any "problems" with the feasability of p2p exchanges (which I neither deny nor affirm here, also I don't attack MPEX technology here, it's a sound system as far as I can tell)