With a second thought...
Would it not "steal" some funds from BTS away... from the open market ?

I think you are right. Not sure why we would want a competitor to BTS. Plus it might confuse new users who think it is still the official chain by III.

Quote from: xeroc on October 24, 2014, 07:46:58 am

Quote from: luckybit on October 24, 2014, 07:05:03 am

Kim Dot Com might be a good person to partner with if you look into his background.

May be bad publicity IMHO .. considering where he got most of his money from and how that is seen by people

How do you think people will see how people in our space got their money? Be honest about this.

Do we really think it is bad publicity to work with Kim Dot Com?

A lot of people got rich with bitcoin and no one cared. And even if we have to fight some bad image we don't have to make it even easier for people to judge.

Although my thoughts on this might be affected by personal feelings. I somehow really dislike this guy. Anyone else feeling the same?

Quote from: bytemaster on October 22, 2014, 03:47:51 pm

I confess... I am a bug.  I have many buggy ideas, and imperfectly implement my vision...

*PLEASE* help me fix this bug... anyone...

Quote from: Overthetop on February 28, 2014, 03:36:54 pm

Quote from: bytemaster on February 28, 2014, 12:00:26 am

I have found that viewing your life as an epic adventure makes it more fun to live.  So I often view myself as Frodo carrying the Ring of power to be thrown into the fire of decentralization.  We are being fought on all sides by those who would enslave man kind and the all seeing eye is watching our every move.   



Living an epic life is just more fun even if you end up dieing  for the cause. 

 

The story of MT.Gox has told us the Ring of power should be thrown into the fire .

Keep going ,Mr. Frodo!

You can make it !

I guess I can go on vacation now. BM is for sure doing a great job as Frodo. 

I think that PTS and DNS should have no lockout period.  Right now, you can already sell them on the exchange.  It is unfair to lock out holders of these shares, who were already liquid at the time of the announcement.  Like, you can literally go dump them RIGHT NOW, and then not face a lockout.   (Note: I already dumped mine and bought BTSX with it, so this doesnt effect me.  But it effects others and I want to push for fairness).


I think the lockout period for AGS and VOTE shares should be 6 months.  2 years is an eternity.

  Please consider this.

Yes stuff on bter going crazy. I guess I have to buy some more with my funds for music presale.

I'm not generaly against this but I see an issue concerning the funding. The concept of self funding DACs through dilution somehow breaks. Because not every DAC (or in this case application in one DAC) is spending their own money but rather compete on some funding payed by the whole collective. E.g. if only few stake holders have interest in a voting application it is going to be virtually impossible for them to get funded. This would basically eliminate every smaller application integrated in this DAC which probably leads to stand-alone DACs for those applications anyways.

ok guys i get all that, no need to convince me.... but no one has answered my question.... is bitUSD as open to inflation as the real dollar?

As I understand it, yes. If everyone decides that dollars aren't worth anything your bitUSD aren't worth anything either.
So if you get 2% yield on your bitUSD but USD has an inflation rate >2% your buying power will decrease over time.

id: frodo

Thank you