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What's the consequence, though? Brave got $35M, unless Ethereum crashes very soon. Some parties can now set the price for advertising within Brave to whatever

by gcp 9y ago

What's the consequence, though? Brave got $35M, unless Ethereum crashes very soon. Some parties can now set the price for advertising within Brave to whatever they want. If Brave becomes popular, they become rich. If Brave fails, they lost their money.

oh_sigh 9y ago
Right...this sounds like a good thing. People with big money invested will presumably want to set their prices such that Brave will succeed and they will either get a return or at least not lose their shirt. If, for example, tens of thousands of people only had tens of dollars invested, they may be less interested in making Brave a successful platform because they have little financial incentive and little to lose.
iamacynic 9y ago
that asset isn't liquid. who are you going to sell it to? a few of the other 200 people? do they have $35M to spend?
- gcp 9y ago
  If Brave becomes popular, advertising space in it is worth real money, and the tokens get value. If.
  - chongli 9y ago
    To me, Brave's value is due to its ad blocker. If they start shoving native ads into the browser then I'll uninstall it. The set of technical users out there who will do anything and everything to avoid and block ads is not a valuable advertising space in any way, shape, or form.
    - gcp 9y ago
      I thought the entire point of Brave was to have ads, but share the revenue.
      - manigandham 9y ago
        The current tech already does that just fine, no need to have an ad network built into the browser that just overwrites existing ad networks on the page. At that point, it's no different than spyware/malware.
        mbgaxyz 9y ago
        All roads lead to AllAdvantage :-) https://en.wikipedia.org/wiki/AllAdvantage https://en.wikipedia.org/wiki/AllAdvantage
  - sanswork 9y ago
    Is Brave showing any signs of becoming popular? Even within the bitcoin community where it would be expected to be most popular I only occasionally see people say they use it some of the time.

by gcp 9y ago

oh_sigh 9y ago

Right...this sounds like a good thing. People with big money invested will presumably want to set their prices such that Brave will succeed and they will either get a return or at least not lose their shirt. If, for example, tens of thousands of people only had tens of dollars invested, they may be less interested in making Brave a successful platform because they have little financial incentive and little to lose.

iamacynic 9y ago

that asset isn't liquid. who are you going to sell it to? a few of the other 200 people? do they have $35M to spend?

gcp 9y ago
If Brave becomes popular, advertising space in it is worth real money, and the tokens get value. If.
- chongli 9y ago
  To me, Brave's value is due to its ad blocker. If they start shoving native ads into the browser then I'll uninstall it. The set of technical users out there who will do anything and everything to avoid and block ads is not a valuable advertising space in any way, shape, or form.
  - gcp 9y ago
    I thought the entire point of Brave was to have ads, but share the revenue.
    - manigandham 9y ago
      The current tech already does that just fine, no need to have an ad network built into the browser that just overwrites existing ad networks on the page. At that point, it's no different than spyware/malware.
      - mbgaxyz 9y ago
        All roads lead to AllAdvantage :-) https://en.wikipedia.org/wiki/AllAdvantage https://en.wikipedia.org/wiki/AllAdvantage
- sanswork 9y ago
  Is Brave showing any signs of becoming popular? Even within the bitcoin community where it would be expected to be most popular I only occasionally see people say they use it some of the time.