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Great comment explaining what OpenBazaar may become - https://www.reddit.com/r/Bitcoin/comments/3nlg5g/is_openbazaar_one_of_the_bitcoin_killer_apps/cvph3d3 http

Great comment explaining what OpenBazaar may become - https://www.reddit.com/r/Bitcoin/comments/3nlg5g/is_openbazaar_one_of_the_bitcoin_killer_apps/cvph3d3 https://www.reddit.com/r/Bitcoin/comments/3nlg5g/is_openbaza... "Interesting. This isn't just a decentralized marketplace, there seems to be something bigger going on. If you look closely at the screenshots, you will see there seems to be a social integration within it too. Notice there is the ability to follow stores. I'd imagine that would mean there will be a feed to consume all the new items and content from the stores you're following too. This isn't going to be the application you pop in to buy something once a month with Bitcoin, it's going to be a social platform with commerce layered in that you visit every day. This seems like what every artist, social media star, author, photographer, musician, etc needs. Build a strong following, post an update of a new song, content or anything and people can pay to play/read it right away. New types of pay to read blogs will likely start to emerge in the market. New social media stars will emerge by creating edgy stores where people can pay them to do/draw/write/sing/play/cook/photograph/wear/eat certain things. A new social channel will come to life and the content and stores will be like something we've never seen on the internet before. It's going to be very very interesting people. This is huge!"

TylerE 11y ago
Yes, because paywalls have worked so well historically.
- orblivion 11y ago
  Paywalls, I would think, are primarily a blocker because the site is wasting my time and asking me for personal info. If my Bitcoin account is already hooked up, I recon those things should go away. We'll have to see how it goes though. I think I'd much rather click one button and pay a tiny amount of Internet Funny Money than watch an obnoxious ad.
- dmix 11y ago
  NYTimes is doing well and their signup flow is terribly unoptimized nor pseudonymous.
  - wolfman1 11y ago
    Yeah we can eventually make it a single click, plus you would be paying directly to people you already know/ trust / admire or whatever, plus it's micropayments; maybe 10 cents to read an article from your favorite blogger. You support them directly and they can make a living doing so if they have enough followers.
ycmbntrthrwaway 11y ago
What I am concerned about is my privacy. Bitcoin is not so anonymous: whoever you pay will know your bitcoin address. And even if you create pseudonyms, money can be traced unless you use some mixes and "money laundry" services. As for buying photographs it may be ok, but I would not pay for news articles (such as LWN, for example) with non-anonymous account.
- wyldfire 11y ago
  Interestingly enough, satoshi's paper never mentions the term "anonymous" though it does describe separating one's identity from the transaction. Some other cryptocoins (Monero, et al) use ring signatures to truly disguise the path that the money takes through the system.
  - ycmbntrthrwaway 11y ago
    Recently HN discussed Chaum's ideas [1] and DigiCash [2]. His ecash [3] system was going to be something like an anonymous Google Wallet. Bitcoin wins in being decentralized, it does not need a bank or Google to issue electronic cash and guarantee that you can eventually get real money in return. But it is not anonymous. [1] https://news.ycombinator.com/item?id=10850192 https://news.ycombinator.com/item?id=10850192 [2] https://cryptome.org/jya/digicrash.htm https://cryptome.org/jya/digicrash.htm [3] https://en.wikipedia.org/wiki/Ecash https://en.wikipedia.org/wiki/Ecash
    - wyldfire 11y ago
      I don't know why you brought that up, because it's not exactly what I was talking about. But it's interesting.
- pilgrim689 11y ago
  I think decentralized mixing is on the horizon and may become baked into bitcoin wallets down the line. I'm speculating based on the emergence of protocols like FairExchange and Xim http://forensics.umass.edu/pubs/bissias.wpes.2014.pdf http://forensics.umass.edu/pubs/bissias.wpes.2014.pdf
plaguuuuuu 11y ago
Sounds very cool. Could they just float themselves on some sort of bitcoin stock market so as a retail investor, I can throw some BTC their way and get a small % of their company? It's so frustrating seeing ideas I know will become big and not being able to put my money there. I understand the startup world pretty well but as I'm not a VC I have no way of getting skin in the game. Instead putting my money into blue-chips and YOLOing on IPOs from companies that are already huge.
- wolfman1 11y ago
  That's a cool idea. Curation will become hugely important on OpenBazaar as well. I'd recommend getting on the platform early and curating awesome store content across the network for your followers, e.g. @shoes could find the best shoes on the network and post links to them for their followers to find easier.

TylerE 11y ago

Yes, because paywalls have worked so well historically.

orblivion 11y ago
Paywalls, I would think, are primarily a blocker because the site is wasting my time and asking me for personal info. If my Bitcoin account is already hooked up, I recon those things should go away. We'll have to see how it goes though. I think I'd much rather click one button and pay a tiny amount of Internet Funny Money than watch an obnoxious ad.
dmix 11y ago
NYTimes is doing well and their signup flow is terribly unoptimized nor pseudonymous.
- wolfman1 11y ago
  Yeah we can eventually make it a single click, plus you would be paying directly to people you already know/ trust / admire or whatever, plus it's micropayments; maybe 10 cents to read an article from your favorite blogger. You support them directly and they can make a living doing so if they have enough followers.

ycmbntrthrwaway 11y ago

What I am concerned about is my privacy. Bitcoin is not so anonymous: whoever you pay will know your bitcoin address. And even if you create pseudonyms, money can be traced unless you use some mixes and "money laundry" services. As for buying photographs it may be ok, but I would not pay for news articles (such as LWN, for example) with non-anonymous account.

wyldfire 11y ago
Interestingly enough, satoshi's paper never mentions the term "anonymous" though it does describe separating one's identity from the transaction. Some other cryptocoins (Monero, et al) use ring signatures to truly disguise the path that the money takes through the system.
- ycmbntrthrwaway 11y ago
  Recently HN discussed Chaum's ideas [1] and DigiCash [2]. His ecash [3] system was going to be something like an anonymous Google Wallet. Bitcoin wins in being decentralized, it does not need a bank or Google to issue electronic cash and guarantee that you can eventually get real money in return. But it is not anonymous. [1] https://news.ycombinator.com/item?id=10850192 https://news.ycombinator.com/item?id=10850192 [2] https://cryptome.org/jya/digicrash.htm https://cryptome.org/jya/digicrash.htm [3] https://en.wikipedia.org/wiki/Ecash https://en.wikipedia.org/wiki/Ecash
  - wyldfire 11y ago
    I don't know why you brought that up, because it's not exactly what I was talking about. But it's interesting.
pilgrim689 11y ago
I think decentralized mixing is on the horizon and may become baked into bitcoin wallets down the line. I'm speculating based on the emergence of protocols like FairExchange and Xim http://forensics.umass.edu/pubs/bissias.wpes.2014.pdf http://forensics.umass.edu/pubs/bissias.wpes.2014.pdf

plaguuuuuu 11y ago

Sounds very cool. Could they just float themselves on some sort of bitcoin stock market so as a retail investor, I can throw some BTC their way and get a small % of their company? It's so frustrating seeing ideas I know will become big and not being able to put my money there. I understand the startup world pretty well but as I'm not a VC I have no way of getting skin in the game. Instead putting my money into blue-chips and YOLOing on IPOs from companies that are already huge.

wolfman1 11y ago
That's a cool idea. Curation will become hugely important on OpenBazaar as well. I'd recommend getting on the platform early and curating awesome store content across the network for your followers, e.g. @shoes could find the best shoes on the network and post links to them for their followers to find easier.