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If only there was an equivalent unregulated food space. Wonder how many crypto enthusiasts would put their money where their mouth is. Or maybe crypto enthusias

by mint2 4y ago

If only there was an equivalent unregulated food space. Wonder how many crypto enthusiasts would put their money where their mouth is. Or maybe crypto enthusiasts like regulations selectively.

stevekemp 4y ago
Isn't that what people were doing with Soylent?
- tadfisher 4y ago
  Soylent is regulated and uses an established manufacturer to make the product.
  - randomhodler84 4y ago
    Now. It was always an open food project and spawned many other unregulated powered food makers. Some of these are regulated today. I was into it years ago in the food hacking days and also when I was vegan. I want a world where I can buy weird powered food from hackers without the man regulating it’s contents.
    - tadfisher 4y ago
      All of them are regulated. That some "food hackers" break the plethora of local, state, and federal laws governing the manufacture and sale of food products does not falsify this fact. Frankly, what you want is insane. The reason we have laws and regulations for food content is to avoid killing people with botulism, salmonella, E. coli, lead, mercury, arsenic, cyanide... — basically all the things people used to die of before they got sick of dealing with food-borne illnesses and poisoning and demanded regulations. The regulations aren't even that onerous. I helped my wife start a food business, and the costs are not anything exorbitant; commercial kitchen space, testing for shelf-stability, and some local certifications. It was profitable enough for someone who is selling as a hobby, but anyone serious would buy or build a kitchen to reduce ongoing costs and boost profit.
TimJRobinson 4y ago
"They want the ability to invest in startups? They must also want the ability to put bleach in food! Haha gotchya libertarians"
- caramelcustard 4y ago
  If someone wants to invest in a startup, wouldn't they prefer to use a system that, you know, isn't going to be decentralized? Traditional (or should i use the term "legacy"?) startup investing already has a huge slew of issues regarding trust, curious to know how decentralized systems are going to mitigate that and AFAIK the blockchain world is no stranger to con artists.
  - TimJRobinson 4y ago
    Most us just want the ability to invest in startups but can't because they're not rich enough to be deemed an "accredited investor" or are of the wrong nationality. Being decentralized is useful insofar that nobody can prevent me for entering into mutually beneficial financial relationships.
    - caramelcustard 4y ago
      "...they're not rich enough to be deemed an "accredited investor"..." startup investing is not Kickstarter and both the investors and the recipients tend to like knowing that there is some merit behind the money. "...are of the wrong nationality." not sure what you're trying to imply there but regardless of whether you're investing through a "decentralized" investment system or "traditionally", you're still going to have to abide by the laws of the jurisdiction the company is in. "...nobody can prevent me for entering into mutually beneficial financial relationships" and nobody can help you if the "mutually beneficial financial relationship" (which is quite a bold thing to imply) is going to turn out to be one way beneficial ;-)

by mint2 4y ago

If only there was an equivalent unregulated food space. Wonder how many crypto enthusiasts would put their money where their mouth is. Or maybe crypto enthusiasts like regulations selectively.

stevekemp 4y ago

Isn't that what people were doing with Soylent?

tadfisher 4y ago
Soylent is regulated and uses an established manufacturer to make the product.
- randomhodler84 4y ago
  Now. It was always an open food project and spawned many other unregulated powered food makers. Some of these are regulated today. I was into it years ago in the food hacking days and also when I was vegan. I want a world where I can buy weird powered food from hackers without the man regulating it’s contents.
  - tadfisher 4y ago
    All of them are regulated. That some "food hackers" break the plethora of local, state, and federal laws governing the manufacture and sale of food products does not falsify this fact. Frankly, what you want is insane. The reason we have laws and regulations for food content is to avoid killing people with botulism, salmonella, E. coli, lead, mercury, arsenic, cyanide... — basically all the things people used to die of before they got sick of dealing with food-borne illnesses and poisoning and demanded regulations. The regulations aren't even that onerous. I helped my wife start a food business, and the costs are not anything exorbitant; commercial kitchen space, testing for shelf-stability, and some local certifications. It was profitable enough for someone who is selling as a hobby, but anyone serious would buy or build a kitchen to reduce ongoing costs and boost profit.

TimJRobinson 4y ago

"They want the ability to invest in startups? They must also want the ability to put bleach in food! Haha gotchya libertarians"

caramelcustard 4y ago
If someone wants to invest in a startup, wouldn't they prefer to use a system that, you know, isn't going to be decentralized? Traditional (or should i use the term "legacy"?) startup investing already has a huge slew of issues regarding trust, curious to know how decentralized systems are going to mitigate that and AFAIK the blockchain world is no stranger to con artists.
- TimJRobinson 4y ago
  Most us just want the ability to invest in startups but can't because they're not rich enough to be deemed an "accredited investor" or are of the wrong nationality. Being decentralized is useful insofar that nobody can prevent me for entering into mutually beneficial financial relationships.
  - caramelcustard 4y ago
    "...they're not rich enough to be deemed an "accredited investor"..." startup investing is not Kickstarter and both the investors and the recipients tend to like knowing that there is some merit behind the money. "...are of the wrong nationality." not sure what you're trying to imply there but regardless of whether you're investing through a "decentralized" investment system or "traditionally", you're still going to have to abide by the laws of the jurisdiction the company is in. "...nobody can prevent me for entering into mutually beneficial financial relationships" and nobody can help you if the "mutually beneficial financial relationship" (which is quite a bold thing to imply) is going to turn out to be one way beneficial ;-)