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What part of the Tender process gets more open with this proposal? From a quick glance the paper, I fail to see why one would use a blockchain and smart contrac
by 0x006A 8y ago
What part of the Tender process gets more open with this proposal?
From a quick glance the paper, I fail to see why one would use a blockchain and smart contracts here.
- spookthesunset 8y agoIt enables the creators to Get Rich Quick selling worthless internet tokens to rubes who buy into the hype. Once you realize that every one of these blockchain projects is driven by greed and the desire to Get Rich Quick, it all kinda makes sense.
- d0lph 8y agoIsn't that pretty much all business though.
- paulddraper 8y agoYes. However, few businesses rely as much on the ignorance of their customer base as much as blockchain. Basically, someone figured out the internet/tech MLM.
- tomtimtall 8y agoSome business relies on identifying opotubities tgat creat value, and then naturally converting some of that value into money for the creators. Other business like this, relies on identifying dumb money, extracting that to the creators and then running off before the explosion. It feels like there are honest blue eyed blockchain companies, but 95%+ seem to be the latter.