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About NightJanitor

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  1. Hah! I thought "Texas sailing yacht" was like code for "RV" or "1970's convertible Caddy with bullhorns on the hood and a horn that plays the first bars of Deep In The Heart". My hesitations about swimming down there, aside, I remember seeing this really cool (but stupid - but cool - but stupid) thing where guys would follow tankers or something out past a shoal, and the subsurface ocean terrain was such that, somehow, a sort of "standing wave" would be created in the tanker's wake, and they could surf it for like a mile.
  2. Mmmmhmmm... I've read her actual comments, and, personally, I think she ought to be treating anything which derives its value from a promise of being able to be redeemed for something that it, itself, isn't... as a security. That's, I think, why the CFTC has taken point on the pure assets which have no counterparties; a la Japan and "crypto-assets".
  3. Yup. Be careful; that "one with the community" thing has downsides. No worries.
  4. I'm surprised it lasted as long as it did. I certainly hope they don't hand over a database of logins/emails/pm's to anyone... that'd be bad. The public content is on archive.
  5. Yup. I'm me, to some extent, by the stories that I can tell (and the way I tell them)... Now, if you want apodeictic certainty, you're not gonna get it. You can get close. But it's like the old lawschool joke about the guy who refuses on the stand to answer the first question, "What is your name?" --- "Well, your honor, my understanding is that hearsay is not an admissible form of evidence." Lawyer who asks gets thrown for a loop and looks to the Judge, who is ******: "What the hell do you mean, son; what do you mean it's hearsay?" "Well, I mean, my Mom told me she named me X and I admit she has called me by that name, for my whole life - but, you know, my Dad says you can't believe a thing she says..." [ETA: I'd insert a "too long" story here, about how when those "public record challenge questions" were introduced online, I'd apparently gotten a DMV employee who didn't give a **** - imagine that! - and coded my BLue car as BLack (BL vs BK - probably a dropdown) and what a nightmare that was... Got through most of them, once I finally figured out what had happened and began LYING ABOUT THE COLOR OF MY CAR, to pass the challenge Q's.]
  6. Well, I'm glad you enjoyed it and found it funny, well written, and entertaining, anyway. Here, since you can "take it", this video clip is only a mere 55 seconds long.
  7. What, too long? Not funny? What's your beef? I can take it. (Probably because I don't take much of this forum stuff too seriously...) This is not my first forum rodeo; most days I log in to the forum, here, just to see if what I figured was gonna be here is here, yet...
  8. History is a funny thing... A little story: Back in the days of Prosper, there was also a user forum. Now, Prosper, for those of you who might not know, was a p2p lending venture, and, in the very early days of it, there were those who were tearing apart the system, playing with this and that, trying to figure out how to model underwriting, etc, etc. But there were more than just lenders on the forum, after a while. Borrowers eventually found it, too. The borrowers would go to Prosper to put up a loan listing ("eBay for money" was the PR analogy, back then, and it was much more of a "GoFundMe" feel, with borrowers writing an essay and specifying why they needed the loan - or trying to signal that they were less of a risk, since a "rate-auction" mechanism was involved and lenders would compete with one another (like on eBay) to fund small chunks of loans by underbidding the rate of other lenders, if, for whatever reason, they felt that a particular borrower was less of a credit risk than their credit score indicated or than did other lenders - did they catch some detail that I missed? -ish thoughts)... So, anyway, back to the forum story. One day, a particularly "attractive" listing showed up on Prosper. The lenders in the forum discussed a lot of the listings (there were maybe a few loan requests per day, at that point, so, we were all trying to gain some kind of edge or figure out how we were going to scale up crazy underwriting insights like "the borrower's grammar is bad; I wonder if that correlates to default risk?" (it didn't, btw, and, also, I probably have a higher credit score than you, and I haven't even hit carriage return, a single time, yet, in this whole story, and these commas are breaking some rules - I just know it)... So, anyway, that "attractive" listing showed up. The grown-up lenders didn't particularly care that the borrower was a young lady, we were more interested in looking after our principal and focused on the fact that, in her loan description, it looked, if one read between the lines, that she might have very little, if any, income (and was fuzzy about, you know, having a job) and seemed to have a lot of debt, already - and, then, in the picture she provided, that she might have what could be (charitably) called "a shoe problem" (there she was, smiling, looking as-cute-as-she-could-muster, hoping to garner lender interest and get more bids/lower rate - but in the background of her apartment, which one could also see in the picture, there was a small red flag, in the form of what looked like the proceeds of what Michael Crichton would have titled The Great Shoe Store Robbery... I mean, some of them were still in very high-end shoestore bags and boxes - and the 10 or so purses that were in the room also looked rather familiar; hey, is that a real Gucci? Uh... Dude... That... looks like a Prada bag. And another one. And another one. How many trips to Barney's are we going to be funding once we lend this lady this $5k or whatever - and what are the odds she's not gonna walk? That kind of thing... Innocent, but funny... And the first time we'd run into this particular situation, as novice online micro-lenders. So, her loan listing ran, I think, a week or so... she was apparently unhappy that not many lenders were bidding on the listing or that her rate hadn't been bid down low enough (I dunno, maybe she actually intended to repay?)... So, she apparently did some googling and found the lender forum and arrived to make her case that she was an excellent credit risk, deserved a 0% loan, and was imminently trustworthy. Now, we didn't have any way to verify her ID - some of us actually thought one of the other lenders was just making fun and had showed up to pretend to be the shoe girl, who wanted $5k at like 1% over 3 years... and was prepared to argue us all down or convince us of this or that - so we had to start asking "How do we know that's your listing?" Prosper did KYC - but all of the data we, as lenders, were presented was anonymized (except for the picture, which was optional, anyway - most people chose an avatar or posted a picture of a pet or something, so, if lending (unsecured) money, online, to what appeared to be small cats or a terrier or a pug, who had a 600-620 credit score range and a debt-to-income of like 250% or whatever wasn't weird enough...... well... I digress, but you get the pic...) So, on the third day of all the lenders being skeptical that it was "really her" on the forum, she decided to remove all doubt. She posted a picture to the forum of a sports car, which previously had been unmentioned (and these were unsecured loans, anyway, so, it's not like it would be collateral) - and there was what appeared to be a small, female hand in the frame, held just in front of the camera in front of the car. Her post, with that "ID picture" said - I swear to God - "I put my hand in the picture to prove it's really me!" Anyway, that's straight where my mind went when Bob posted the picture of the shoe next to his head. For those of you wondering how it turned out, she never did provide any real proof; and I'm not sure if she got her loan funded; but like 6 months later, the name she'd given one of the lenders so that he could look her up happened to turn up in the news. She - and her mom, I think? - had been busted for some kind of identity theft ring in NY... So... I only skimmed whatever you guys are arguing about - but Bob knew the ID question was coming - and so did I - and I thought he handled it with grace - and so did those who eventually asked. He didn't post a picture of a car with the back of some dude's hand in the shot and go "See, it's me! How dare you question me!" - his TX was his proof - so... count yourselves lucky that the state of things has progressed...
  9. NightJanitor

    XRP TipBot Poll

    I'm of the "**** 'em - the haters are gonna complain about something, anyway" mindset, on that one, in specific. More generally, I'm tired of people being afraid of doing/enabling anything good (for fear that their 'motives' could be 'questioned') - trust me, they'll be questioned anyway - if not by random haters, then by sneaky competitors, so, might as well do the good/fun thing we wanted to do in the first place --- and be ready to defend against/ignore "numb-skulls." As for your second point, generally the "spam" / "likebait" issue, I think the economic incentives will even that out - given time... This is gonna play out in web monetization, in general, in the near future - and everyone's gonna have to figure out what they want to reward/promote versus what they think is BS and want to not pay for (or just simply ignore). May as well get on with it, I say.
  10. Thank you, thank you, thank you! Everyone should click that link. Somewhere in my old notes (and I am not an "insider", just been watching/thinking about this stuff for a number of years) is a line like "You're just trying to make things move better/faster - you're NOT saving the world." That little insight/note-to-self took a LOT of pressure off of me, personally, and I think it would go a long way in relieving some of the sort of "it's so big and complex I can't process it all, so, I'll just subscribe to handy-dandy conspiracy-theory I found online and pin all my hopes/fears onto someone else!" Thank you... (and Steve Martin!) You are doing GREAT Teaching!
  11. NightJanitor

    XRP TipBot Poll

    Initial reaction: "Hell, yes!" Then: "Don't want every second/third post blank, except with just a tipbot command, interrupting the flow of discourse." Then: "Maybe we need a dedicated button?" OR "Maybe the xrptipbot needs to be invoked / then reads posts / then triggers when tagged in any post, looking for syntax." Then: "This is ultimately up to the forum owner - and whomever else wants to implement..." So... some things to think about - but, would I tip people? Hell, yes. So, I'd really love to see. If the initial rollout is within a club, for testing, that'd probably be optimal way to start it out... All I can do is say that I would use it - and that I'd poke holes in it and report, as I went along. ("It's not tipping I believe in... It's over-tipping!")
  12. Haven't had energy to investigate, but I noticed this - or something around this - changing, as well, in the last 2-3 days.
  13. Charlie Munger just called and said: "Forget this blockchain/crypto/dlt stuff... Get me the name of whomever is selling the tech people all this swag!"
  14. The modularity is great. This is one of the things I am watching wrt Coil integrations, ie, that they're careful not to integrate too tightly into any particular usecase or platform (such that they can't sort of strip out the monetization DNA and then replicate it for splicing onto other usecases/platforms). To me, this is sort of the same thing, but for ILP. It's the same kind of thinking that I've seen from these guys many times; eg, Cobalt was sort of "let's split and 'modularize' processing/governance" - these are just "tricks", in abstract, but the design thinking around "let's break things down into their constituent components and/or into their constituent functions" really pays off beyond just sort of "optimization tricks" to make this or that thing/function "faster"; there's sort of a Lego feel to it all, where, when you've got all these cool parts that one can then use (and recombine in different ways) who knows what may evolve out of it in future? (Build it. Take it apart. Build it again, but better. --- Where have I heard that, most recently? Wietse Wind? Maybe!) Anyway, I dig it.
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