I Just wanted to say hello and address some concerns. I can understand the value offered by these new ideas, Bitcoin, Protoshares, DACs. I wrote this originally on another tread with no replies so I thought I would try here;
Keyhotee ID: etalon-or
Re: One of these coins is not like the others
« Reply #3 on: December 09, 2013, 02:27:29 PM »
"Evan makes a good point, "there is a difference". original post is from Dec 5,
today I can't even find a quote for Protoshares. The point is there are many ppl that want to be part of this idea but don't have coding abilities.
Hayek argued that the goal of Laissez-faire markets is the preservation of the unique information contained in the price itself. Laissez-faire principle expresses a preference for an absence of non-market pressures on prices and wages, such as those from government taxes, subsidies, tariffs, regulation , or government-granted or coercive monopolies.(today) Price and value is determined by the continuous decisions of many people as to what that value is at any given moment."
Where is the market? Continuous decisions are made from data. Markets participents need access to data and a consistant trading venue, many venues would be better. In this way more people can make a fair judgement of value. The more people involved is also a good thing and creates the foundation of trust and acceptance. I want to buy Protoshares and support DACs. Where is the market?