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91.
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by
decentralised
8y ago
Sure, but in which concrete cases, and how was it somehow morally reprehensible to seek compensation for open-source work?
92.
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decentralised
8y ago
Could also show 1 mBTC but that's a UX question imho.
93.
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decentralised
8y ago
I see your point about argument to personal authority, my bad, but what I am saying is that I see your argument as being too far off my experience, and it would be very hard to reconcile our views.
94.
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by
decentralised
8y ago
I see it as an alternative to the current web tech stack that in my opinion isn't very secure and won't scale to match a machine-to-machine economy and that unfortunately can, and in some countries is used to monitor us.
95.
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by
decentralised
8y ago
Ok that difference makes sense, thank you for the explanation. Bitcoin and other cryptocurrencies are treated equally to legal tender in Germany.
96.
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decentralised
8y ago
So how do you value open-source "commons"? ICOs were created precisely because these projects aren't supposed to generate profit.
97.
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by
decentralised
8y ago
I do tend to change my opinions when presented with new evidence and took my time to go "all in"into blockchain professionally because I thought it was not going to last and in any case it was mostly a solution to a problem I was
98.
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by
decentralised
8y ago
With due respect mate but you say that blockchain isn't comparable to the internet because you say so, and I say it is because that's what I work on.... How are we to move forward? Should we have a discussion on what the internet
99.
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by
decentralised
8y ago
Can you tell me where? I must have honestly missed it and so must have all the other people who think this https://www.theguardian.com/technology/2013/aug/19/bitcoin-u... is true.
100.
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by
decentralised
8y ago
I'm a professional blockchain architect and before I worked in Fintech for 20 years. Most of my views are definitely impacted by my own experiences.
101.
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by
decentralised
8y ago
The op claimed that Amazon operates with healthy profit margins which isn't really the case... "your margin is my opportunity"
102.
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decentralised
8y ago
Well no one actually uses that status code... because there was no solution to guarantee that a digital payment is ever truly "done" until Bitcoin was invented. I posted a link that people who are familiar with the development of
103.
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by
decentralised
8y ago
Within the Euro area only the Euro has the status of legal tender but businesses settle in USD all the time. The link I provided is jurisprudence in Germany but it doesn't impact the whole of the EU. Malta might soon join though.
104.
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by
decentralised
8y ago
How about VCs? Don't they fund projects based on future value?
105.
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decentralised
8y ago
Money.
106.
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by
decentralised
8y ago
Chickens could very well be money, at least bones have been used before. edit: https://www.bbc.com/news/av/business-18827269/a-brief-histor...
107.
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by
decentralised
8y ago
>If crypto is a store of value can I trust it will have any rational storage value over any time period? There are different types of cryptocurrencies and the one you are looking for is known as a "stable-coin". I suggest looki
108.
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by
decentralised
8y ago
>'ll bite. "Digital native representation of value" isn't a problem, it's a solution. Cryptocurrencies are a medium of facilitating that solution. No one would think to themselves, "I have a problem: I need
109.
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by
decentralised
8y ago
Who manages that list? Why do you trust it? edit: I looked through the site and most of the "scams" seemed more like basic phishing sites than actual blockchains or cryptocurrencies
110.
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by
decentralised
8y ago
You can use a service to pay Amazon shopping with bitcoin. https://www.cryptocompare.com/coins/guides/how-to-buy-on-ama...
111.
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by
decentralised
8y ago
It's true that the most successful cryptocurrencies doesn't generate revenue to any _one_ business, but that's because it is open source and the tokens themselves are sold on secondary markets, not by the developers themselve
112.
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by
decentralised
8y ago
>You are playing games with words. Amazon was making money in the sense that everything they sold had healthy margins. You got to be kidding me. Even today Amazon sells by undercutting profit margins from competitors!
113.
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decentralised
8y ago
>Do you have any references to support the claim that bitcoin is legal tender? Yes I have linked to it. edit: In German: https://www.scribd.com/document/372651554/2018-02-27-Umsatzs...
114.
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decentralised
8y ago
> Spend it at Amazon? My grocery store? My corner deli? Pay my rent? Pay my employees? YES on all accounts.
115.
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decentralised
8y ago
>I don't understand this reasoning: is "X is bad but Y is worse" supposed to convince people that X is actually good? Maybe don't read things that are not written or said? My point is that you think cryptocurrencies
116.
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decentralised
8y ago
How does that make them less novel? Your impression that the "vast majority of crypto/blockchain thing are either outright scams" is a personal opinion for which you can't find supporting evidence. The SEC has only issue
117.
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by
decentralised
8y ago
https://medium.com/ab-chain/market-news-germany-officially-r... https://cointelegraph.com/news/ohio-appears-to-be-first-us-s... https://cointelegraph.com/news/us-georgia-next-
118.
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by
decentralised
8y ago
Depends on the valuation models used. There's no accepted standard yet. The way I value currencies, the size of the network and the number of projects built on top of it is what matters and in that view Ethereum and Bitcoin are definit
119.
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by
decentralised
8y ago
I'm not sure why you believe we are disagreeing. They chose to operate at a loss because they couldn't generate enough business to do anything different. Their shareholders wouldn't have allowed for it otherwise.
120.
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decentralised
8y ago
>t's been established over and over again that cryptocurrencies are not money. Sorry but that's not true. You may be confusing "money" with "currency" though. There's at least one US state that allows p
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