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Rarbg Is No More

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Re: Rarbg Is No More

#651

Post by whimsicalism »

lottin wrote: post #650
whimsicalism wrote: post #647

Earlier quoted context omitted.

Wrong for two reasons: 1. There is no restriction that the asset being borrowed and the collateral are in the same asset class - loans can be extended based on whatever criteria the DAO in charge of the Dai votes on. There are a number of loans backed by real property investments in the US, see [0] under RWA. There are a number of loans also backed by large holdings in US bonds. 2. Dai is pegged to the dollar. It can…

Okay, these loans that are backed with real world assets are just traditional finance right? We were discussing loans that are granted automatically to anyone without requiring an approval, remember: > How I can take out a collateralized loan, anywhere in the world, without having to ask for approval?

Is it traditional finance if it is a backing loan for dollar-pegged assets that can be held by anyone in the developed world (ie. rather than rely on your rapidly decreasing Naira - buy some Dai from a local dealer and you have a stable store of value backed by a global basket of assets)? And if the entities granting the loans are anonymous decentralized collectives?

I agree that the overcollateralized loans backed by crypto are less useful unless you want to be investing crypto, which is what I mentioned at the beginning of my comment. I am not the commentator who said the thing about anywhere in the world without approval.

Re: Rarbg Is No More

#652

Post by lottin »

whimsicalism wrote: post #651
lottin wrote: post #650

Earlier quoted context omitted.

Okay, these loans that are backed with real world assets are just traditional finance right? We were discussing loans that are granted automatically to anyone without requiring an approval, remember: > How I can take out a collateralized loan, anywhere in the world, without having to ask for approval?

Is it traditional finance if it is a backing loan for dollar-pegged assets that can be held by anyone in the developed world (ie. rather than rely on your rapidly decreasing Naira - buy some Dai from a local dealer and you have a stable store of value backed by a global basket of assets)? And if the entities granting the loans are anonymous decentralized collectives? I agree that the overcollateralized loans backed b…

A loan agreement that is enforced by courts of justice is traditional finance certainly.

Loans in decentralised finance use smart contracts, instead of relying on the legal system.

Re: Rarbg Is No More

#653

Post by SergeAx »

maeln wrote: post #152
slazaro wrote: post #125

I keep wondering all the time why torrent search is based on websites (centralized), which can be taken down, etc., while once you have a torrent file or a magnet/hash everything is distributed. Is there a main reason why there isn't (AFAIK, even though I haven't really researched) a distributed search that wouldn't have these problems? Is it a tech problem that literally can't be solved? Or it just hasn't been done?…

There is many search engine that use the DHT to retrieve the metadata and share torrent via the magnet. The main issue here is not the tech, it's the trust and discoverability/curating and also not spreading the seeding capabilities. When downloading from "reputable torrent tracker XYZ" you can trust the quality of the torrent, that it is virus free, etc ... It is also usually make searching for particular torrent ea…

> reputable torrent tracker

I once visited RarBG with uBlock Origin turned off by accident. The intensity of the shitstorm of fake links, transparent GIFs on top of the content and other stuff like that was overwhelming. I believe that it is universally stupid to trust torrent sites with anything.

Re: Rarbg Is No More

#654

Post by condensacion »

tejohnso wrote: post #285
unnouinceput wrote: post #156

Earlier quoted context omitted.

1 - Pirate bay still exists and is very much alive. 2 - Rarbg was a margin note in torrent community. There are others very much alive and better.

Please indicate which is better. Where can I click on "top 100" or similar, and instantly see a page full of recent releases with screenshots, synopsis, and comments one click away?

You can try cloudtorrents.com

Re: Rarbg Is No More

#655

Post by latchkey »

lottin wrote: post #649
latchkey wrote: post #644

Earlier quoted context omitted.

No. Here is an example: I have 1 BTC, worth $27,000 today. I lend that 1 BTC. I'm getting 1% on it. This is better than the pet rock that it otherwise is. I can then borrow safely 50% of the value of that BTC, so $13,500 worth of goods. Now, I've magically given myself an additional $13,500, that I didn't have before. The price of BTC would have to drop 50% before I'd be liquidated (some of my BTC would be automatica…

I don't think this is correct. Let's say you have one bitcoin. Your funds available for spending are $27,000 (we're assuming bitcoin has perfect liquidity, for the sake of the argument). If you borrow $13,500 against your bitcoin, your funds available for spending are now $13,500. So, less than what you started with. This isn't a loan. A loan increases your funds available for spending, not decreases them.

If you have $13,500 that you didn't have before, isn't that an increase?

I do see the distinction you're trying to make though. That's why I qualified it with the word "collaterlized".

Let me also correct you: "Let's say you have one bitcoin. Your funds available for spending are $27,000".

No, we're not talking about selling the bitcoin. There is no 'spending' here. What you're doing is borrowing against the value of the bitcoin that you're holding. You don't need to sell it, you're using it as collateral. The system can liquidate you.

Re: Rarbg Is No More

#656

Post by latchkey »

lottin wrote: post #652
whimsicalism wrote: post #651

Earlier quoted context omitted.

Is it traditional finance if it is a backing loan for dollar-pegged assets that can be held by anyone in the developed world (ie. rather than rely on your rapidly decreasing Naira - buy some Dai from a local dealer and you have a stable store of value backed by a global basket of assets)? And if the entities granting the loans are anonymous decentralized collectives? I agree that the overcollateralized loans backed b…

A loan agreement that is enforced by courts of justice is traditional finance certainly. Loans in decentralised finance use smart contracts, instead of relying on the legal system.

> Loans in decentralised finance use smart contracts, instead of relying on the legal system.

Code over law.

Re: Rarbg Is No More

#657

Post by latchkey »

whimsicalism wrote: post #651
lottin wrote: post #650

Earlier quoted context omitted.

Okay, these loans that are backed with real world assets are just traditional finance right? We were discussing loans that are granted automatically to anyone without requiring an approval, remember: > How I can take out a collateralized loan, anywhere in the world, without having to ask for approval?

Is it traditional finance if it is a backing loan for dollar-pegged assets that can be held by anyone in the developed world (ie. rather than rely on your rapidly decreasing Naira - buy some Dai from a local dealer and you have a stable store of value backed by a global basket of assets)? And if the entities granting the loans are anonymous decentralized collectives? I agree that the overcollateralized loans backed b…

And what I was pointing out is that there is a use-case for crypto. DeFi.

Re: Rarbg Is No More

#658

Post by scotty79 »

jorvi wrote: post #113
Joker_vD wrote: post #66

Earlier quoted context omitted.

> in western Europe it's quite common to get threatening letters as soon as you start torrenting without VPN What about the right of the privacy of communication? Oh, right, it's the state-owned postal services that have to respect that right, and only with regards to the paper letters, not the privately operated ISPs that can (and obliged to) wiretap at the slightest suspicion of crime.

It is not that clear cut for Western Europe. - Germany sends letters and fines - Czech Republic doesn’t send letters or fines - The Netherlands doesn’t send letters or fines (unless you share an absolutely ludicrous amount) - Belgium doesn’t send letters or fines - UK sends letters and fines - France sends letters (tiny chance of a fine) - Switzerland doesn’t send letters or fines

Do you know what's the situation in Portugal?

Re: Rarbg Is No More

#659

Post by kyriakos »

JW_00000 wrote: post #612
jasonfarnon wrote: post #575

Earlier quoted context omitted.

I'm very out of the loop at this stage of life, but one thing I have wondered--has software as a service, and all the online gaming, killed off all those kinds of warez? Are most of these pirate sites nowadays just for movies/tv? (One of the reasons I have been wondering about this is that I so f'ing hate windows etc updating and phoning home all the time I would prefer a version cracked a la 2007 to prevent that, ov…

I genuinely think Spotify and Netflix, and other streaming services, have been the biggest blow to torrent sites. For the average user, it's just so much easier to pay $10/month (or even less when you share your account with friends) and get easy & user-friendly access to the content (in a way that happens to be legal). 10-15 years ago, before Spotify/Netflix, people used to say: "As long as it's easier to acquire th…

There is still no worldwide availability of all streaming services which keeps piracy for media going. For example I have no way to legally access to Disney+, paramount, hulu or peacock content. I'm happy to pay but can't.

Re: Rarbg Is No More

#660

Post by scotty79 »

gamblor956 wrote: post #559
redundantly wrote: post #413

Earlier quoted context omitted.

You shouldn't assume what I do or do not do. I take my kids to the movies. I subscribe to services like Apple Music and TV+, and HBO Max. We watch YouTube videos where there's sponsored content in them. We buy officially licensed merchandise like clothing and toys. We buy books, both physical and digital. And, frankly, it doesn't matter what I do personally. Millions, hell billions, of people around the world do as w…

If artists are struggling it's because they're not getting paid properly by the corporations they work for, like Disney, Netflix, and others. It's not because of individuals like you or me or the people that run piracy sites. This is false. Artists get paid residuals, meaning, per sale, so every non-sale due to piracy is literally coming out of artists' pockets.

Not once in the history of my consumption of digital content has me not pirating something turned into a sale.

Sometimes I pirate it, sometimes I buy it. Sometimes I consume something free instead. Sometimes I pay for the stuff I don't consume at all. But the substitution is always in the direction of cheaper, more available solution. Never in the direction of buying something.

There were cases however when me pirating something eventually turned into a sale or even few sales.

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