6 ms·

How can I pay for food or my electricity bill with HackerNewsCoin? Enough with this bullshit please.

EGreg 3y ago
So self-assured. Did you even see the link to the pdf? It explains… 1) Give the tools for any community to release their own coin 2) Communities pay the coin for participation or doing something (eg Hacker News karma). Maybe have a UBI to everyone so they can vote with their wallet. Upvotes are coin transfers etc. 3) Make the coin usable for local advertising or by local vendors. This is the WORK the community has to do (not us) same as VISA and Mastercard network had to do!! 4) Allow people to buy the local coin in a decentralized way. Now each coin becomes exchangeable all for other coins. 5) Intercoin network. Converts any coin to any other coin. Once your local farmer and electric company accepts YOUR city’s local coin, then you pay for food or your electricity bill, using hackernews coin, transparently. Intercoin is to value what Internet is to communication. We are building an internet of value. It’s completely voluntary. If you don’t want to use it, don’t. If you want to shit on it, at least learn about it first.
- deleted 3y ago
  [deleted]
- sgt 3y ago
  We are witnessing the last dying kick of a genuine crypto bro on HN. It's worth taking a screenshot of this and printing it out.
  - EGreg 3y ago
    Print it. As I said, I am willing to make a wager. Happy to take the other side? If I win, you post the printed screenshot with your face next to it, and in giant letters “I supported fascism / authoritarianism / totalitarianism because it was cool”.
    - Zuiii 3y ago
      Stand strong. You're far from being alone. Cryptocurrency will succeed eventually. It's the only consistent monetary system we have left.
- mftrhu 3y ago
  > 3) Make the coin usable for local advertising or by local vendors. This is the WORK the community has to do (not us) same as VISA and Mastercard network had to do!! Is anyone doing that? How far along are they, compared to VISA and Mastercard (or even just other crypto)? If sufficiently large communities released their own coins, if enough people in each community decided to engage with it - and you know that crypto reputation is not the best - and they decided to put enough work into making it usable locally, if there was a large enough market... GP could use it to pay for their bills. As it stands, though, this just reads like "draw the rest of the owl".
  - EGreg 3y ago
    Are you proud that Big Tech and Big Banks were the only ones able to build the infrastructure and get a large network effect? You like monopolies and cartels? VISA was simply a project of Bank of America. They did the work. They got the merchants to accept it. The CCP helped WeChat get all merchants to accept payments with WeChat. Maybe you like all your monetary policy being centrally controlled, by the Fed? Perhaps you’ll be welcome the new CBDC and National ID, that’s coming, knowing that the central planners have your best interests in mind… HN is irrationally against Web3, thus many knee-jerk hate on decentralized networks. And they have never heard of communities having their own currency and being able to run their own monetary policy. If our government had the guts to institute Pigovian taxes, then the Fed wouldn’t have to step in and use the only lever they have — interest rates - to squadh inflation. And all these banks wouldn’t be going belly up. This is just one example. Personally, I see that the world isn’t HN. And with all these banks going belly up, they’ll gladly latch onto something else. Now if we don’t do anything, it’ll be CBDCs and National IDs. We are at least trying to build a viable alternative that’s by the people. Historically Hackers were anti-establishment and against bootlickers. They very much support cypherpunks like Phil Zimmerman and other “crypto bros” as you call them. Maybe the “Hacker” ethos in Hacker News will shine through in the future, and you’ll realize that squashing self-sovereignty and welcoming more consolidation and centralization is not the way. Stop trying to ride the “cool” bandwagon of VCs that give you money to build a monopoly, and embrace the real hacker ethos of open source alternatives that are BY the people, not just FOR the people by the elites.
- secondcoming 3y ago
  No pal, I've no intention of 'reading the whitepaper'
  - EGreg 3y ago
    Who said anything about reading a whitepaper?
    - Dylan16807 3y ago
      Are you saying you can't figure out they mean your pdf?
      - EGreg 3y ago
        The PDF isnt even close to being whitepaper, so…
        Dylan16807 3y ago
        Isn't even close? The PDF is a summary/introduction for a whitepaper. The last page links to the whitepaper for more information. Using the word whitepaper. And you need to either go there or somewhere with the same content for a full understanding. Come on, work with people. It's very clear what they meant, and their wording is reasonable. I don't even need to go into how they were using quotes to be inclusive of things similar to whitepapers...
        EGreg 3y ago
        Presentstions that link to whitepapers are whitepapers And comments that make no sense are funny, because the author has the same bias Double standards for making sense are awesome
        Dylan16807 3y ago
        What's my bias? You're going out of your way to make this a communication problem when it was a really basic comment.

So self-assured. Did you even see the link to the pdf? It explains… 1) Give the tools for any community to release their own coin 2) Communities pay the coin for participation or doing something (eg Hacker News karma). Maybe have a UBI to everyone so they can vote with their wallet. Upvotes are coin transfers etc. 3) Make the coin usable for local advertising or by local vendors. This is the WORK the community has to do (not us) same as VISA and Mastercard network had to do!! 4) Allow people to buy the local coin in a decentralized way. Now each coin becomes exchangeable all for other coins. 5) Intercoin network. Converts any coin to any other coin. Once your local farmer and electric company accepts YOUR city’s local coin, then you pay for food or your electricity bill, using hackernews coin, transparently. Intercoin is to value what Internet is to communication. We are building an internet of value. It’s completely voluntary. If you don’t want to use it, don’t. If you want to shit on it, at least learn about it first.

deleted 3y ago
[deleted]
sgt 3y ago
We are witnessing the last dying kick of a genuine crypto bro on HN. It's worth taking a screenshot of this and printing it out.
- EGreg 3y ago
  Print it. As I said, I am willing to make a wager. Happy to take the other side? If I win, you post the printed screenshot with your face next to it, and in giant letters “I supported fascism / authoritarianism / totalitarianism because it was cool”.
  - Zuiii 3y ago
    Stand strong. You're far from being alone. Cryptocurrency will succeed eventually. It's the only consistent monetary system we have left.
mftrhu 3y ago
> 3) Make the coin usable for local advertising or by local vendors. This is the WORK the community has to do (not us) same as VISA and Mastercard network had to do!! Is anyone doing that? How far along are they, compared to VISA and Mastercard (or even just other crypto)? If sufficiently large communities released their own coins, if enough people in each community decided to engage with it - and you know that crypto reputation is not the best - and they decided to put enough work into making it usable locally, if there was a large enough market... GP could use it to pay for their bills. As it stands, though, this just reads like "draw the rest of the owl".
- EGreg 3y ago
  Are you proud that Big Tech and Big Banks were the only ones able to build the infrastructure and get a large network effect? You like monopolies and cartels? VISA was simply a project of Bank of America. They did the work. They got the merchants to accept it. The CCP helped WeChat get all merchants to accept payments with WeChat. Maybe you like all your monetary policy being centrally controlled, by the Fed? Perhaps you’ll be welcome the new CBDC and National ID, that’s coming, knowing that the central planners have your best interests in mind… HN is irrationally against Web3, thus many knee-jerk hate on decentralized networks. And they have never heard of communities having their own currency and being able to run their own monetary policy. If our government had the guts to institute Pigovian taxes, then the Fed wouldn’t have to step in and use the only lever they have — interest rates - to squadh inflation. And all these banks wouldn’t be going belly up. This is just one example. Personally, I see that the world isn’t HN. And with all these banks going belly up, they’ll gladly latch onto something else. Now if we don’t do anything, it’ll be CBDCs and National IDs. We are at least trying to build a viable alternative that’s by the people. Historically Hackers were anti-establishment and against bootlickers. They very much support cypherpunks like Phil Zimmerman and other “crypto bros” as you call them. Maybe the “Hacker” ethos in Hacker News will shine through in the future, and you’ll realize that squashing self-sovereignty and welcoming more consolidation and centralization is not the way. Stop trying to ride the “cool” bandwagon of VCs that give you money to build a monopoly, and embrace the real hacker ethos of open source alternatives that are BY the people, not just FOR the people by the elites.
secondcoming 3y ago
No pal, I've no intention of 'reading the whitepaper'
- EGreg 3y ago
  Who said anything about reading a whitepaper?
  - Dylan16807 3y ago
    Are you saying you can't figure out they mean your pdf?
    - EGreg 3y ago
      The PDF isnt even close to being whitepaper, so…
      - Dylan16807 3y ago
        Isn't even close? The PDF is a summary/introduction for a whitepaper. The last page links to the whitepaper for more information. Using the word whitepaper. And you need to either go there or somewhere with the same content for a full understanding. Come on, work with people. It's very clear what they meant, and their wording is reasonable. I don't even need to go into how they were using quotes to be inclusive of things similar to whitepapers...
        EGreg 3y ago
        Presentstions that link to whitepapers are whitepapers And comments that make no sense are funny, because the author has the same bias Double standards for making sense are awesome
        Dylan16807 3y ago
        What's my bias? You're going out of your way to make this a communication problem when it was a really basic comment.