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I'm a big fan of both Sidney and Scott and the great work they did building Helloblock, one of the better Bitcoin API providers. It's a shame that they couldn't
by williamcotton 12y ago
I'm a big fan of both Sidney and Scott and the great work they did building Helloblock, one of the better Bitcoin API providers. It's a shame that they couldn't find a market for their product.
What's a bigger shame is that they've both written articles disparaging Bitcoin technology now that they've decided to move on to other challenges.
We have a brand new data storage technology that allows for equal access read and write privileges on data that is permanent and shared equally across all nodes. It acts as a decentralized single point-of-truth. There has never been anything like this.
A simple ledger that operates as a type of currency is most basic thing that can be built.
Blockchain tech will disrupt almost every part of our industry. We won't need centralized identity providers like Facebook. We can start to treat digital media as property and build up a viable economic system. We can actually account for people's data use and the value of their contributions instead of this blind air gap between advertising and operation costs. We can create and transfer digital assets that represent all sorts of things.
Writers, photographers, musicians and anyone else who makes the content that fuels the advertising engines of Silicon Valley are becoming increasingly dissatisfied with how they publish work on the Internet. Putting something on a web page isn't publishing. Posting something on Facebook or Twitter isn't publishing. The act of publishing needs to be public and it needs to be permanent. Can you reliably quote from a blog or a tweet? No, you can't, because the content could change. You can reliably quote from the second printing of a physical text because it would be almost impossible for someone to go through and change every copy.
All of this on a unified platform that isn't controlled by anyone meaning there's no danger of a private entity limiting access to APIs and destroying the hard work of developers, which Twitter has been doing for years.
I really hate to call them out because they've been very nice and incredibly helpful over the last year, but guys, come on, there's no need to burn bridges. Just because you can't see the possibilities doesn't mean that they aren't there.