<stellar-slack> <john> *Did you know? 94% of bills are contaminated with bacteria...* A study found that approximately 94% of paper money that moves from hand to hand is contaminated with bacteria. While most of these micro-organisms are actually not harmful to your health, there are around 7% that can be hazardous to your health. These dangerous pathogens include those that cause pneumonia and staph infections. The flu virus, which can
<stellar-slack> body for a period of only 48 hours, can actually live on a dollar bill for over 10 days.
<stellar-slack> <john> *90% of all US bills have at least a trace of cocaine on them...* A scientific study conducted in 2009 concluded that somewhere between 90-94% of all bills in circulation carry traces of cocaine on them. This is largely due to the practices of drug traffickers who move large amounts of cash with the drug all over their hands, and the fact that the bills are often rolled up into straws and used to snort the drug. It
<stellar-slack> brushes inside ATM machines further spread the cocaine across stacks of bills.
<stellar-slack> <john> *If you have $10 in your pocket and no debts, you are wealthier than 25% of Americans...* As if this alone is not disturbing enough, take into consideration the fact that six members of the Walton family (the family that owns the Walmart fortune) are more wealthy than the lower 30% of Americans today. That’s right. These 6 individuals have more money between them than all the money combined of approximately 94.2
<stellar-slack> <eva> Ah, almost didn’t read the ‘and no debts’ part and was very confused!
<stellar-slack> <eva> still, bad shape...
<stellar-slack> <eva> @john these are great facts, where are you finding ‘em?
<stellar-slack> <john> Not sure about the veracity and trueness of these facts but... Most of them make sense: https://www.supermoney.com/2014/08/20-absurd-facts-about-money/
<stellar-slack> <bitmynt> How would you measure that?
<stellar-slack> <lab> I'm sorry eva.
<stellar-slack> <lab> I has waited days hearing feedback from sdf.
<stellar-slack> <bitmynt> Seems to be a kind of a sensational headline to me. I see they tested it from 17 U.S cities like Baltimore, Boston, and Detroit yet articles claim 90% of the currency is contaminated with cocaine. Perhaps this is where it started to get spun out of proportions? "The U.S. and Canada had the highest levels, with an average contamination rate of between 85 and 90 percent"
<stellar-slack> <lab> you just omitted the topic and still talk about self-satisfied inanity topics.
<stellar-slack> <bitmynt> I mean, if you're testing banknotes from Baltimore I'm not surprised you'll find cocaine on them
<stellar-slack> <dzham> An obvious question comes to mind. Detecting is one thing. How about, eh, extracting?
<stellar-slack> <john> Anyway, the idea to carry contaminated notes repulse me so I use debit card only
<stellar-slack> <dzham> Coins
<stellar-slack> <dzham> Silver dollars. Silver is antibacterial.
<stellar-slack> <bitmynt> It's not the detection I am skeptic about but rather I find the study to be selective and too small sampling to deem 90% of US money to contain traces of cocaine, and thus I believe this to be a popular myth.
<stellar-slack> <john> That's a nice silver bar!
<stellar-slack> <bitmynt> Now this is peculiar to me; "Zuo says that the high percentage of contaminated U.S. currency observed in the current study represents nearly a 20 percent jump in comparison to a *similar* study he conducted two years ago. That earlier study indicated that 67 percent of bills in the U.S. contained traces of cocaine." Maybe too much tin foil and speculation, but I'd guess prior 'similar' study had different cities
<stellar-slack> study though.
<stellar-slack> <john> Talking about cocaine & dollars, did you know that Escobar's immense wealth became problematic when he couldn't launder his cash quickly enough. He resorted to stashing piles of cash in Colombian farming fields, dilapidated warehouses, and in the walls of cartel members' homes. Pablo was earning so much that each year he would write off 10% of the money because the rats would eat it in storage or it would be damage
<stellar-slack> about $2.1 billion, given how much money he was reportedly making. Escobar simply had more money than he knew to do with, so haphazardly losing money to rodents and mold wasn't an issue. (Source: The Accountant's Story: Inside the Violent World of the Medellín Cartel)
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<stellar-slack> <dzham> @bitmynt: 20% could easily be from falling prices.
<stellar-slack> <dzham> Not sure how that looks like in the US, but I read a while ago where I’m from, that cocaine was cheaper than amphetamine. Which is just weird.
<stellar-slack> <eva> @lab I’m sorry if I gave the impression that I don’t care about the topic. I certainly didn’t mean to duck the subject. What I’m hearing is that you are concerned about two main things: 1) the health and growth of the community 2) what http://Stellar.org|Stellar.org is doing to help I think a fundamental reason for the concern about community health is a difference in definition of “community” - as
<stellar-slack> currently focused on reaching developers, particularly developers in low-income, underserved communities, so they can build their own products. There are certainly different ways to go about this goal - right now we’re doing it through developing tools, creating an educational program for developers, and building relationships on the ground. I think another misunderstanding may be the difference between the possibiliti
<stellar-slack> of http://Stellar.org|Stellar.org as a nonprofit. The Stellar network, as a platform, is for everyone - open to the whole world. But as a nonprofit, yes, our mission is to “expand financial access and literacy worldwide" (via the mandate). We believe that the best way we can do that, for the biggest impact, is by reaching the unbanked. I hope that distinction makes sense. It isn’t that *Stellar* is “just for the unb
<stellar-slack> http://Stellar.org|Stellar.org as an organization is focused on financial inclusion. So, our strategies are geared towards those specific goals, and the way we measure impact and health is based on those, too. I hope this is somewhat clarifying and helpful. If not, I’d be happy to continue the conversation and address specific questions.
<stellar-slack> <eva> Welcome @swatisave and @gammybird :wave:
<stellar-slack> <lab> eva: your words catch the point and i have clearer picture of stellar now. i apologize for my aggressive words written above while i thought you were ducking my complains.
<stellar-slack> <lab> as a metaphor, sdf is not trying to guard a garden but plant a big bodhi tree
<stellar-slack> <lab> the former is what i thought sdf would be.
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<stellar-slack> <kidsthatdance> hi there. Anybody can point me to a resource/script/instructions on how to convert a cold storage address from the previous network to the new network?
<stellar-slack> <dzham> There’s this one, https://github.com/stellar/stellar-upgrade
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<stellar-slack> <dzham> @eva: BTW, I'm not sure if I should take offence or not. This is looking more and more like Ripple. "Yeah, it's great that your are using our platform, and writing software for it , and so on and on. But you're not our community."
<stellar-slack> <john> @lab you're a philosopher man! "sdf is not trying to guard a garden but plant a big *bodhi* tree" or in the process to *enlighten* mankind the true nature of our financial system by providing a minimal base system so that users can populate it with the software they want.
<stellar-slack> <john> @dzham: you're being rude. What's going on?
<stellar-slack> <dzham> >>> I think a fundamental reason for the concern about community health is a difference in definition of “community” - as I say frequently (sorry for any repetition!) we’re currently focused on reaching developers, particularly developers in low-income, underserved communities, so they can build their own products. There are certainly different ways to go about this goal - right now we’re doing it through
<stellar-slack> program for developers, and building relationships on the ground.
<stellar-slack> <dzham> @john: * Lab is concerned about the community around Stellar. * We’re not it.
<stellar-slack> <john> So what matters you? that SDF try to reach developers in low-income, underserved communities, so they can build their own products?
<stellar-slack> <dzham> That’s awesome
<stellar-slack> <dzham> But there’s a developer community here already that’s being neglected.
<stellar-slack> <sacarlson> they don't seem to neglect me, they provide me with more than my share of support. maybe due to me asking so many questions?
<stellar-slack> <scott> @dzham I’m confused… what can we do to support the developer community here better?
<stellar-slack> <joyce> Also @dzham we have spent the past week talking to many developers here in Lagos learning about what is happening here on the ground and how to better coordinate efforts so that they are able to build financial services for their communities. but those stories are less evident here because of different silos of discussion. slack doesnt work as well here in lagos (it works but is very slow and frequently disconnect
<stellar-slack> <dzham> It’s awesome to see them coming on here, @joyce, you’re doing a good job with that
<stellar-slack> <dzham> But like we said yesterday.. 1.6B STR we’re basically all given to cheaters, and nothing was done to support people who actually supported the ecosystem
<stellar-slack> <dzham> Developer grants, hackathons
<stellar-slack> <dzham> IDK, that’s just two off of the top of my head
<stellar-slack> <scott> so we’re specifically talking about monetary support
<stellar-slack> <dzham> Not specifially.. An online hackathon would only pay out to the winners of course, but it would promote Stellar as a platfrom
<stellar-slack> <dzham> Bring some energy back into everything
<stellar-slack> <scott> I buy that, yeah
<stellar-slack> <scott> (I’m not trying to sound snarky, I’m genuinely just trying to understand where we are failing)
<stellar-slack> <dzham> Ethereum did one, Counterparty did one. It’s a bit “me to”, but I think it would be great
<stellar-slack> <donovan> I took part in this back in 2012: http://africannewschallenge.org/ It was a great event and I got to meet lots of people working on software in Africa. Unfortunately the actual grant-giving was incredibly badly organised, but people who attended ended up making lots of long-lasting connections and friendships. I think the idea of techies in Africa being introduced to techies in the “Global North” is a good o
<stellar-slack> other for preferential support is a good tactic though.
<stellar-slack> <scott> And, just an FYI, we have definitely been talking off and on about how we build out a grant program… it’s something that I’ve been told we want to do, but it’s a prioritization issue. From what I understand something like that will require a support structure that will take time to develop
<stellar-slack> <scott> We’ve been trying to build pushing the “self-serve” portions of our documentation and software so that when the grant comes along every participant doesn’t need to have face-to-face time with the http://Stellar.org|Stellar.org developers to be productive
<stellar-slack> <scott> or rather, as much face-to-face time as needed presently
<stellar-slack> <dzham> There’s a lot of basic infrastructure needed. But how can you motivate 3rd party developers to do that when there are no users. http://Lobstr.co|Lobstr.co has 360 users. 360.
<stellar-slack> <scott> We’re actively trying to bring gateways on board. We’re attempting to build towards a critical mass
<stellar-slack> <dzham> I probably only had one user with Stargazer, because that’s how many people emailed me to ask how to get his account out of the program so he could convert to stellar-core
<stellar-slack> <dzham> It’s impossible to monetize
<stellar-slack> <scott> What do you think the route to monetization is?
<stellar-slack> <dzham> Real actual users, so you’re on the right track
<stellar-slack> <scott> Okay, so I’m confused again… if we’re on the right track your complaint is just “things aren’t happening as quickly or as well as we hope”?
<stellar-slack> <dzham> > We’re actively trying to bring gateways on board. We’re attempting to build towards a critical mass
<stellar-slack> <joyce> Also, we have a great announcement later today that will help show what we have been working on
<stellar-slack> <dzham> Yeah, that’s what we need. Critical mass.
<stellar-slack> <scott> Awesome, thanks for all the feedback. I think we should definitely try to be more clear about our in-progress efforts to develop the ecosystem
<stellar-slack> <scott> sorry for the dissonance on my part, I see my coworkers running around all day trying to build partnerships to bring the engine to life
<stellar-slack> <dzham> But you don’t have to be alone. We’re here. We can help out
<stellar-slack> <scott> word
<stellar-slack> <john> Ho @joyce you left us hanging with that one ;P Looking forward to that great announcement :rocket: Anyway, once Abraham Lincoln said " I walk slowly, but I never walk backward." His progress in issuing the emancipation proclamation and ending the civil war was arduous and slow, but *he never gave up.* Likewise, success won't come overnight, so SDF keep your goal in sight and keep moving forward -- no matter how slo
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<stellar-slack> <dzham> Yeah, but Abraham Lincoln was a vampire hunter, so of course he would say awesome things like that
<stellar-slack> <john> @dzham man! you need to chill out... Grab a good Påsköl my friend ;P
<stellar-slack> <dzham> Alas, I have a sore throat. No beer for me.
<stellar-slack> <kidsthatdance> hi, when I am upgrading my stellar account from old network to new network using the prebuil binary I get asked "Enter the new network address that your lumens will be sent to:"
<stellar-slack> <kidsthatdance> do I have to create an address in the new network then, and how do I do it?
<stellar-slack> <scott> I think @bartek can help guide you through that @kidsthatdance
<stellar-slack> <dzham> @kidsthatdance: you *could* go to https://www.stellar.org/galaxy/, press the blue “start"-button
<stellar-slack> <dzham> That should generate a keypair for you. That’s done inside the browser, no server involved.
<stellar-slack> <dzham> You don’t have to go through with the other steps
<stellar-slack> <kidsthatdance> thanks :)
<stellar-slack> <kidsthatdance> @dzham but doesn't that create an address on a test network?
<stellar-slack> <dzham> The addresses are the same. If you do the rest of the steps, it will *register* and *fund* an account on testnet
<stellar-slack> <kidsthatdance> ok
<stellar-slack> <kidsthatdance> great, it all worked smooth as silk, thank you
<stellar-slack> <dzham> No worries, welcome to the future!
<stellar-slack> <dzham> @john: either way, Swedes can't brew beer.. I’ll take a Kilkenny or Staropramen any day
<stellar-slack> <kidsthatdance> there used to be a discussion forum but seems to be gone
<stellar-slack> <kidsthatdance> is there a new one?
<stellar-slack> <kidsthatdance> the "upgraded" forum :)
<stellar-slack> <dzham> That got downgraded, to "no forum"
<stellar-slack> <john> @kidsthatdance: no forum anymore but Slack is a pretty good substitute! more convivial to my opinion
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<stellar-slack> <armed10> Good afternoon Stellar crew!
<stellar-slack> <armed10> I work for a national bank in an effort to use stellar to improve financial services in my country
<stellar-slack> <armed10> We're currently working on a test-network with a few nodes, which is working. However, I would like to use horizon as well. I just can't seem to find any help beyond the initial installation.
<stellar-slack> <armed10> Is there such documentation available anywhere?
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<stellar-slack> <bartek> @armed10: here's the Horizon's API reference: https://www.stellar.org/developers/reference/
<stellar-slack> <scott> @armed10: the first thing you’ll want to do is setup horizon-importer as shown by our “developing” setup guide: https://github.com/stellar/horizon-importer/blob/master/doc/developing.md
<stellar-slack> <scott> It’s a bit outdated, so there may be some issues, but I’m happy to help resolve them as you encounter them
<stellar-slack> <vanessa> And here in Nigeria, tech cabal has also posted: http://techcabal.com/2016/02/02/stellar-org-and-oradian-are-bringing-low-cost-money-transfer-to-rural-nigeria/
<stellar-slack> <vanessa> That’s why Stellar—which operates a kind of meta digital currency that can move practically any form of money across the Internet—is using its technology to create a money transfer network that will span Nigeria and beyond. Working with a company called Oradian, which provides software for small bank-like institutions across Nigeria, Stellar aims to provide an inexpensive means of sending money to friends
<stellar-slack> more difficult in a place like West Africa than it is here in the States. http://www.wired.com/2016/02/why-bitcoin-will-thrive-first-in-the-developing-world/
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<stellar-slack> <cyberomin> Go @vanessa.
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<stellar-slack> <vanessa> @cyberomin: go STELLAR! :rocket:
<stellar-slack> <vanessa> Seriously, so proud. For months and months everyone has been writing documentation, working on the new network, developing partnerships and now its really exciting to see things bloom.
<stellar-slack> <vanessa> The big next step will be working on anchors & those integrations and partnerships. Can't wait to see how the ecosystem looks 12 months from now.
<stellar-slack> <cyberomin> Awesome. Congratulations to everyone. Well done
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<stellar-slack> <eva> @dzham: agree with the things others have already said! But I also do think we could share more about the stuff we’re actually doing in an effort to support devs - currently, I’m working on a serial email program to help teach new/Stellar-curious devs about how to build on Stellar (and the business and social use cases for it). Very much open to feedback and ideas about what should be in that program.
<stellar-slack> <eva> Also YAY Oradian! Beyond excited about this integration. Another great piece from PYMNTS: http://www.pymnts.com/financial-inclusion-3/2016/stellar-partners-on-real-time-nigerian-money-transfers/
<stellar-slack> <eva> I think having this solid, real-world “here’s what Stellar can do - *is doing* - will help.
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<stellar-slack> <powderfan> Hey, fantastic news from Lagos! The Oradian partnership will definately bring new momentum!
<stellar-slack> <powderfan> Does this mean there is a gateway issuing Naira (NGN), now?
<stellar-slack> <brian.ebert> I'd like to thank the SDF for its great level of support. The support lays in two dimensions. The day to day developer support exceeds my expectation by a lot. The second dimension is product feature planning. Ongoing addition of new facilities to Stellar is highly supportive, by way of opening new possibilities for use of the tech. A community is what members make of it. In that regard, another thank
<stellar-slack> purpose to developments. I hope the Oradian partnership is a huge success.
<stellar-slack> <joyce> Also, I just wanted to highlight that a lot of our team’s time has been spent in working on this Nigerian launch of Oradian’s services. It is a big deal because it reaches almost 400,000 people who are otherwise quite isolated from financial services. Related to this, we are in Lagos and are hosting a API demo tomorrow at a local coworking space. I was just informed that the event is SOLD OUT but let me know
<stellar-slack> <eva> @brian.ebert: thank you so much. It’s really fantastic to hear you feel that way, and it’s great to have you on board :rocket:
<stellar-slack> <eva> Welcome @bob, @moos, @koyang, and @dcblockchain!
<stellar-slack> <cyberomin> Welcome @timcash
<stellar-slack> <timcash> Hiya!
<stellar-slack> <eva> How’d you hear about Stellar, @timcash? And what makes you interested? :)
<stellar-slack> <timcash> The bitcoin community. I am a developer looking for interesting side projects to hack on
<stellar-slack> <eva> Sweet, you’ve certainly come to the right place. I’d recommend joining #dev for the more technical/developer-focused conversations, and the developer portal is a good place to start playing around if you haven’t already: https://www.stellar.org/developers/
<stellar-slack> <eva> Any particular ideas for projects, or are you just exploring for now @timcash?
<stellar-slack> <timcash> Is there already a site that tracks stats / metrics about the health of the system?
<stellar-slack> <eva> @timcash: if you mean the health of the network/nodes itself, maybe something like @jed's idea for a Quorum Mointor? https://github.com/stellar/docs/blob/master/other/things-to-build.md#quorum-monitor
<stellar-slack> <eva> not yet built, but something we’d absolutely love to see
<stellar-slack> <timcash> Hmm yeah like that. That is just the kind of document I was looking for
<stellar-slack> <eva> excellent :) Those are just a couple sketched out ideas, but a good place to start
<stellar-slack> <timcash> Thanks for the help. Looks like I found a fun weekend project :)
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<stellar-slack> <eva> Awesome, hope to hear how it goes. Feel free to hang out here and ask questions while you’re hacking on it :)
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<stellar-slack> <eva> Welcome to @thewind, @rizowski, @bomvbv - great to have you!
<stellar-slack> <john> @timcash: welcome mate!
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