BitShares Forum

Main => General Discussion => Topic started by: kenCode on June 25, 2015, 09:22:18 pm

Title: My pitch to the Overstock CEO
Post by: kenCode on June 25, 2015, 09:22:18 pm
I could use your support here, coax him to go with market-pegged, Yield bearing bitUSD:
http://cointelegraph.com/news/114668/ascribe-raises-2-million-in-seed-capital-onename-releases-api-to-the-world#comment-2100314540
 
He took a $100k in Bitcoin Losses for Q1 2015. Let's make him feel welcome here, please and thanx :)
Title: Re: My pitch to the Overstock CEO
Post by: Tuck Fheman on June 25, 2015, 09:27:56 pm
He took a $100k in altcoin Losses for Q1 2015.

ftfy ;)
Title: Re: My pitch to the Overstock CEO
Post by: Ander on June 25, 2015, 09:43:06 pm
Quote
He took a $100k in altcoin bitshares Losses for Q1 2015.

Maybe.  :P
Title: Re: My pitch to the Overstock CEO
Post by: Permie on June 25, 2015, 10:00:29 pm
http://www.overstock.com/85772/static.html
Quote
boardofdirectors@overstock.com

INVESTOR RELATIONS

Contact: Mark Harden
Phone: (801) 947-5409
MEDIA RELATIONS
Phone: (801) 947-3564

https://twitter.com/overstockceo

How about we compose and send them the full pitch?

Worldstock, which sells artisan works of art from workers in impoverished countries all over the world. It seems to be very important to Mr Byrne and if there is a way a UIA or something BitShares can do to make it more efficient I think we could have a seriously good pitch.
They've been in the press alot with which platform Overstock want to use and BitShares could be in the spotlight.

Quote
It was too obvious even for me to miss! The central problem of artisan production – how to marry scattered small-lot production to mass demand – is indistinguishable from that of liquidation. And, by one of those weird coincidences that seem to govern my life, this was a problem I had already built the most effective mechanism to solve: Overstock.com.

Upon returning to the States, I formulated plans for Worldstock, a store within Overstock.com devoted solely to carrying the works of artisans – especially disadvantaged artisans – and selling them as inexpensively as possible so as to maximize the amount of return for them.
http://www.overstock.com/85772/static.html

Title: Re: My pitch to the Overstock CEO
Post by: Tuck Fheman on June 25, 2015, 10:11:03 pm
Quote
He took a $100k in altcoin bitshares Losses for Q1 2015.

Maybe.  :P

I didn't want to say it twice and start a conspiracy. ;)
Title: Re: My pitch to the Overstock CEO
Post by: arhag on June 25, 2015, 10:32:37 pm
There won't be any more yield on BitAssets soon, so let's stop advertising that.

Also no reward without risk. I assume they weren't holding altcoins for their use in transactions but rather for speculation. They took a bet hoping for a gain, but instead got a loss. Holding BitUSD for this purpose makes no sense since there is no upside potential (relative to USD). The only reason they would have to hold (some) BitUSD is if they could pay their employees and suppliers with it (and enough people were buying their stuff using BitUSD).

The real pitch to Overstock should be getting them to dual list their stock as a compliant UIA on the BitShares exchange rather than trying to build their own.
Title: Re: My pitch to the Overstock CEO
Post by: kenCode on June 25, 2015, 10:35:18 pm
http://www.overstock.com/85772/static.html
Quote
boardofdirectors@overstock.com

INVESTOR RELATIONS
Contact: Mark Harden
Phone: (801) 947-5409
MEDIA RELATIONS
Phone: (801) 947-3564

https://twitter.com/overstockceo

How about we compose and send them the full pitch?
Worldstock, which sells artisan works of art from workers in impoverished countries all over the world. It seems to be very important to Mr Byrne and if there is a way a UIA or something BitShares can do to make it more efficient I think we could have a seriously good pitch.
They've been in the press alot with which platform Overstock want to use and BitShares could be in the spotlight.

Quote
It was too obvious even for me to miss! The central problem of artisan production – how to marry scattered small-lot production to mass demand – is indistinguishable from that of liquidation. And, by one of those weird coincidences that seem to govern my life, this was a problem I had already built the most effective mechanism to solve: Overstock.com.
Upon returning to the States, I formulated plans for Worldstock, a store within Overstock.com devoted solely to carrying the works of artisans – especially disadvantaged artisans – and selling them as inexpensively as possible so as to maximize the amount of return for them.
http://www.overstock.com/85772/static.html

 
BAMM! Permie, I love you.
Title: Re: My pitch to the Overstock CEO
Post by: cass on June 25, 2015, 10:41:00 pm
The real pitch to Overstock should be getting them to dual list their stock as a compliant UIA on the BitShares exchange rather than trying to build their own.

THIS  +5%

And pls let us discuss such things before you get in contact ...
If they get contacted in wrong way ... it's a lost contact ...

At least we need a community member with a deep technical understanding of bitshares .. more important 2.0

Input appreciated @vikram
Title: Re: My pitch to the Overstock CEO
Post by: Permie on June 25, 2015, 11:05:05 pm
I have previously emailed Vaultoro, and got them to this thread https://bitsharestalk.org/index.php/topic,16724.msg214428.html
Quote

    Hello,
    I'm a shareholder of the BitShares crypto-ecosystem and I would like to
    discuss the mutually beneficial relationship that is possible between
    BitShares and Vaultoro. There is a thread on the bitshares talk forum here:
    https://bitsharestalk.org/index.php/topic,16724.msg214074.html

    I have CC'd fabian@bitshares.org (one of the 101 elected delegates of the
    BitShares ecosystem) in case of technical questions.

    A PDF info-graphic for a quick overview of BitShares is available at
    https://pdf.yt/d/atDhSKTY2mwequs0

    Could you please direct us to the relevant people to discuss the
    technicalities?

    The BitShares ecosystem is a decentralized asset exchange that allows user to
    issue their own assets. These assets can be traded in seconds, and allow the
    user to retain sole control of the private keys. The issuer of these UIAs
    (User Issued Assets) collect all fees generated, and can set KYC requirements
    limiting who can hold it.
    Vaultoro could issue such an UIA to enable your company to access BitShares
    users as potential customers and profit from every trade of your UIA.
    Existing Vaultoro customers would benefit by being able to hold their claims
    to Vaultoro gold on a decentralized platform where only they hold the private
    keys.

    Another aspect of the BitShares ecosystem that Vaultoro could benefit from
    are the Market Pegged Assets. These are assets that track the value of real
    world assets such as USD, CYN, Gold and Silver but are not subject to any
    counterparty risk, and are backed by over 100% collateral.

    Vaultoro could allow their customers exposure to bitSilver to test the demand
    before committing to purchasing more bank vaults and physical silver.

    Vaultoro could accept bitGold in exchange for Vaultoro Gold.
    The value of Vaultoro gold can then be exposed to the BitShares decentralized
    market to be traded. This brings another price finding mechanism to value
    Vaultoro gold against assets such as bitcoin, USD, CNY, Gold and Silver.
    Accepting bitGold for physical delivery of gold would open Vaultoro up to an
    entire new market and provide a convenient gateway from crypto to physical
    assets. As gold dealers are subject to far less regulation than traditional
    banks this gives Vaultoro a significant advantage.

    We look forward to hearing from you,
    Thank you

And to Amagi Metals

Quote
The BitShares ecosystem is a decentralized asset exchange that allows users
to issue their own assets. These assets can be traded in seconds, and allow
the user to retain sole control of the private keys. The issuer of these UIAs
(User Issued Assets) collect all fees generated, and can set KYC requirements
limiting who can hold it.

Amagi could issue such an UIA to enable your company to access BitShares
users as potential customers and profit from every trade of your UIA.
These UIAs could represent claims to particular Amagi products, your platinum
coins may be of particular value as there is yet to be a popular platinum
asset on the BitShares exchange.
The purchaser of one of your UIA tokens may not necessarily receive delivery
of your stock, but instead trade it's value against other tokens. The fees
for these trades will be paid to Amagi, as the issuer of the UIA. This means
that any still-warehoused products can be producing income by allowing their
value to be traded on the free market of the BitShares Decentralized Exchange
and collecting the resulting fees.

Another aspect of the BitShares ecosystem that Amagi could benefit from are
the Market Pegged Assets. These are assets that track the value of real world
assets such as USD, CNY, Gold and Silver but are not subject to any
counterparty risk, and are backed by over 100% collateral. Amagi could
benefit by holding some value pegged to gold and silver to better plan
stocking requirements and to hedge against any significant moves in the
USD:PMs markets. Assets such as bitSilver and bitGold can be stored in
exactly the same way as bitcoin.

Amagi could accept bitGold in exchange for Amagi Gold allowing gold bugs to
hold as much value pegged to gold as they like, knowing that at any time they can swap it for physical gold with Amagi. Issuing a UIA of "Amagi.Gold"
allows Amagi access to new markets and income potential as well as brand
exposure on a worldwide network.
The value of Amagi gold can then be exposed to the BitShares decentralized
market to be traded. This brings another price finding mechanism to value
Amagi gold against assets such as bitcoin, USD, CNY, Gold and Silver.
Accepting bitGold for physical delivery of gold would open Amagi up to an
entire new market and provide a convenient gateway from crypto to physical
assets. As gold dealers are subject to far less regulation than traditional
banks this gives Amagi a significant advantage.

Something along those lines but specific to overstock and focusing on their ability to offer their stock on the exchange as well as make use of UIAs and collect fees + referral system
Title: Re: My pitch to the Overstock CEO
Post by: Murderistic on June 25, 2015, 11:06:52 pm
The real pitch to Overstock should be getting them to dual list their stock as a compliant UIA on the BitShares exchange rather than trying to build their own.

THIS  +5%

And pls let us discuss such things before you get in contact ...
If they get contacted in wrong way ... it's a lost contact ...

At least we need a community member with a deep technical understanding of bitshares .. more important 2.0

Input appreciated @vikram

Agreed - don't contact until we have a message and can be discussed by the biz dev team...
Title: Re: My pitch to the Overstock CEO
Post by: Permie on June 25, 2015, 11:14:45 pm
Agreed
Title: Re: My pitch to the Overstock CEO
Post by: Ander on June 25, 2015, 11:30:03 pm
Indeed, the devs had discussions with Overstock some time last year.  If the relationship was going to reopen it should probably involve the people who were in the discussions with them before.

Now that Bitshares 2.0 is going to have more features and better technical stats, perhaps they would be interested again.
Title: Re: My pitch to the Overstock CEO
Post by: luckybit on June 25, 2015, 11:31:37 pm
What if Overstock buys Cryptonomex and they fork Bitshares 2.0?
We should propose to Overstock that they buy Cryptonomex.

As a private corporation there is no reason why they would want to make any of us rich. It would be too risky to make your competitors rich when you can steal their tech and give them nothing.
Title: Re: My pitch to the Overstock CEO
Post by: Ander on June 25, 2015, 11:33:21 pm
What if Overstock buys Cryptonomex and they fork Bitshares 2.0?
We should propose to Overstock that they buy Cryptonomex.

No, no we shouldnt.

We should pitch to them that they become customers of the Bitshares blockchain, like Bank Capital is now.
Title: Re: My pitch to the Overstock CEO
Post by: luckybit on June 25, 2015, 11:34:20 pm
Overstock CEO is not stupid. Why would he become a customer when he can just buy Cryptonomex and steal the whole technology?

What would Bill Gates or Steve Jobs do in this situation?

Yeah, go ahead and tell them to just buy Cryptonomex. Maybe if we are lucky it will fund development for Bitshares 2.0.
Title: Re: My pitch to the Overstock CEO
Post by: luckybit on June 25, 2015, 11:38:11 pm
I realize some of you guys weren't involved with the community long enough to know the history between previous interactions with team Bitshares and Overstock.

Overstock specifically did not want to do business with Bitshares. It's not going to happen probably ever. What might happen is they might take the Bitshares technology by taking Cryptonomex.

The Bitshares team has great developers but why would Overstock need the Bitshares community?

http://www.coindesk.com/blythe-masters-blockchain-startups-hyperledger-bits-of-proof/
Title: Re: My pitch to the Overstock CEO
Post by: arhag on June 25, 2015, 11:53:04 pm
@luckybit
If Overstock wants to own the blockchain, then it is not in competition with BitShares (a decentralized blockchain). Cryptonomex can provide them with the technology and expertise to help them do that. If Overstock is not satisfied with that and wants to own the team and IP as well... well I have to hope that it will be out of their budget. I'm assuming and hoping that the Cryptonomex team is motivated to make a decentralized blockchain (i.e. BitShares) a success rather than only being able to spend their talents on yet another centralized solution (plus the potential for financial reward could be much greater assuming they are sufficiently invested in BTS). Thus, it would take a very high price to sell out; far more expensive than Overstock would be willing to pay for this side project that they are interested in that has nothing to do with their core business.
Title: Re: My pitch to the Overstock CEO
Post by: mint chocolate chip on June 26, 2015, 12:00:29 am
@luckybit
If Overstock wants to own the blockchain, then it is not in competition with BitShares (a decentralized blockchain). Cryptonomex can provide them with the technology and expertise to help them do that. If Overstock is not satisfied with that and wants to own the team and IP as well... well I have to hope that it will be out of their budget. I'm assuming and hoping that the Cryptonomex team is motivated to make a decentralized blockchain (i.e. BitShares) a success rather than only being able to spend their talents on yet another centralized solution (plus the potential for financial reward could be much greater assuming they are sufficiently invested in BTS). Thus, it would take a very high price to sell out; far more expensive than Overstock would be willing to pay for this side project that they are interested in that has nothing to do with their core business.
Ask how those hopes went for the Counterparty community whose developers were poached instead last year, got what they wanted from them and spit them back out.
Title: Re: My pitch to the Overstock CEO
Post by: fuzzy on June 26, 2015, 12:13:03 am
@luckybit
If Overstock wants to own the blockchain, then it is not in competition with BitShares (a decentralized blockchain). Cryptonomex can provide them with the technology and expertise to help them do that. If Overstock is not satisfied with that and wants to own the team and IP as well... well I have to hope that it will be out of their budget. I'm assuming and hoping that the Cryptonomex team is motivated to make a decentralized blockchain (i.e. BitShares) a success rather than only being able to spend their talents on yet another centralized solution (plus the potential for financial reward could be much greater assuming they are sufficiently invested in BTS). Thus, it would take a very high price to sell out; far more expensive than Overstock would be willing to pay for this side project that they are interested in that has nothing to do with their core business.
Ask how those hopes went for the Counterparty community whose developers were poached instead last year, got what they wanted from them and spit them back out.

Legitimate concerns in my eyes.
Title: Re: My pitch to the Overstock CEO
Post by: Ander on June 26, 2015, 12:15:19 am
I doubt very much that Dan & Co would want to be used and then discarded by Overstock in the way the counterparty devs were.
Title: Re: My pitch to the Overstock CEO
Post by: sschechter on June 26, 2015, 12:25:01 am
@luckybit
If Overstock wants to own the blockchain, then it is not in competition with BitShares (a decentralized blockchain). Cryptonomex can provide them with the technology and expertise to help them do that. If Overstock is not satisfied with that and wants to own the team and IP as well... well I have to hope that it will be out of their budget. I'm assuming and hoping that the Cryptonomex team is motivated to make a decentralized blockchain (i.e. BitShares) a success rather than only being able to spend their talents on yet another centralized solution (plus the potential for financial reward could be much greater assuming they are sufficiently invested in BTS). Thus, it would take a very high price to sell out; far more expensive than Overstock would be willing to pay for this side project that they are interested in that has nothing to do with their core business.
Ask how those hopes went for the Counterparty community whose developers were poached instead last year, got what they wanted from them and spit them back out.

"a classic brain rape"
http://recode.net/2015/04/21/three-silicon-valley-moments-ripped-from-the-headlines/

A better link:
http://www.quora.com/Silicon-Valley-Season-2-Episode-2-Runaway-Devaluation/Do-large-companies-and-VC-firms-really-brain-rape-early-stage-startups
Title: Re: My pitch to the Overstock CEO
Post by: rgcrypto on June 26, 2015, 01:45:17 am
Hey Guys...he is currently building MEDICI, a cryptostock exchange built on counterparty.  We need to get him on board.
Title: Re: My pitch to the Overstock CEO
Post by: Ander on June 26, 2015, 02:05:44 am
For those who are newer, back last sept/oct there was a lot of BTS buying based on a rumor that overstock was going to choose Bitshares, and it would be announced at the bitcoin vegas conference in october that both Dan Larimer and Patrick Byrne were keynote speakers at. 

The day that that was revealed to not be true was the last day BTS was over 9000 sat, it was all down from there, until the bottom.
Title: Re: My pitch to the Overstock CEO
Post by: Stan on June 26, 2015, 02:39:47 am
I doubt very much that Dan & Co would want to be used and then discarded by Overstock in the way the counterparty devs were.

Inconceivable.  (And yes, that word means what I think it means.)

(http://i.gyazo.com/8c57d5cf974ddc23fa0031a95816a9c2.png)

We are not looking for a quick ticket to retirement.
We have a mission.
BitShares is central to that mission.
Title: Re: My pitch to the Overstock CEO
Post by: Riverhead on June 26, 2015, 02:54:49 am
I doubt very much that Dan & Co would want to be used and then discarded by Overstock in the way the counterparty devs were.

Inconceivable.  (And yes, that word means what I think it means.)

(http://i.gyazo.com/8c57d5cf974ddc23fa0031a95816a9c2.png)

We are not looking for a quick ticket to retirement.
We have a mission.
BitShares is central to that mission.
+1 for the Princess Bride reference ::)
Title: Re: My pitch to the Overstock CEO
Post by: mike623317 on June 26, 2015, 02:57:26 am
We are not looking for a quick ticket to retirement.
We have a mission.
BitShares is central to that mission.

I love bitshares  +5%
Title: Re: My pitch to the Overstock CEO
Post by: cass on June 26, 2015, 06:02:28 am
@luckybit
If Overstock wants to own the blockchain, then it is not in competition with BitShares (a decentralized blockchain). Cryptonomex can provide them with the technology and expertise to help them do that. If Overstock is not satisfied with that and wants to own the team and IP as well... well I have to hope that it will be out of their budget. I'm assuming and hoping that the Cryptonomex team is motivated to make a decentralized blockchain (i.e. BitShares) a success rather than only being able to spend their talents on yet another centralized solution (plus the potential for financial reward could be much greater assuming they are sufficiently invested in BTS). Thus, it would take a very high price to sell out; far more expensive than Overstock would be willing to pay for this side project that they are interested in that has nothing to do with their core business.

 this +5% .... i can speak just for myself, but ...  BTS = TOP priority = addicted .. that's it .. it's simple ... that's what drives me every day!
I'm not interested in assisting on creating a Centralized 2.0 ...

Title: Re: My pitch to the Overstock CEO
Post by: gamey on June 26, 2015, 06:26:31 am

Medici has been ramping up a team so I'm fairly certain any talk about getting them to use Bitshares wouldn't go too far. I suppose it is possible Patrick buys cryptomex tech but Bitshares? No.
Title: Re: My pitch to the Overstock CEO
Post by: cass on June 26, 2015, 06:37:21 am
Let's stick to the facts ... currently all this is of course speculation ... we should do step by step IMO ...
First priority - to roll out BitShares 2.0 - not participating on other projects .. my 2 bts
Title: Re: My pitch to the Overstock CEO
Post by: Erlich Bachman on June 26, 2015, 08:12:24 am
We are not looking for a quick ticket to retirement.

Who says it's not going to be quick?

Overstock could have chose to put their service on the BitShares smartchain, and maybe it wouldn't have lost so much money building and maintaining redundant blockchain infrastructure.  BitShares gives them full control over whatever system they want to implement and as much bandwidth as they could ever dream of, but it's all irrelevant now. OSTK is the hot chick that wouldn't talk to you in high school, but now realizes........

The BitShares smartchain is just the high speed internet connection.  If NASDAQ, and Overstock want to relinquish their "first mover advantage" in this space, then that's fine with us, because as soon as one of their competitors chooses to leapfrog them by jumping onto our 100,000 TPS public blockchain, then Mr Byrne will realize that he just built his system on a dial-up 56k internet connection that he has to continue servicing at -$100,000

The BitShares blockchain (BTS) is the infrastructure.  The market has not realized yet that all they need to do is to provide their service over the most robust infrastructure, and by the looks of the competition, it appears that nothing comes close to the performance of our smartchain.

But it is kind of funny watching people who steal IP try to reinvent the wheel.

I got your pitch right here:

BitShares - the choice is yours  +100,000 TPS or -$100,000

If my analysis was a little too frank, and you still think that Mr Byrne is the one for you, then I'll delete this post.  I just get a little upset when my chief talent, BM, gets publicly BR'd:

https://www.youtube.com/watch?v=JlwwVuSUUfc#t=37s

BM just built a protocol that's adequate for mass global public consumption.  What makes you think that he is going to get all star struck when Jeff Bezos comes knocking?  Cryptonomex is firmly in the negotiating drivers seat.  The only competitors to the BitShares Smartchain (where you will integrate your business) are centrally controlled blockchains that, as Mr Byrne is fast finding out, are not cheap to develop, secure, or maintain.

The price of integrating into the BitShares Smartchain went up the moment the 100,000 TPS secret sauce was discovered.

Name one company that you would trust with your money, and only there you will find our competition (if they forked our smartchain).

The reason you trust the BitShares Smartchain over all other chains in the world is because you don't have to trust that somebody else will vote in your best interest.  Because you get to vote yourself.

If it's just good old publicity you want, just sit back, relax, and wait for all the public BitShares Smartchain clones to begin popping up claiming:  Fork of BitShares, Fork of BitShares, Fork of BitShares.  Bitcoin truly cemented its dominance following the rise and fall of its clones.  What's taking this process so long to play out is the fact that much of the crypto community is miners, and the rest barely even comprehend mining.

Bitcoin 1.0 is static blockchain technology founded on a proof of work where the work is pure mathematical computation.  Bitcoin 2.0 is dynamic smartchain technology based on a proof of work where the work is useful coding and marketing.  Bitcoin 1.0 is the "primitive", and BitShares 2.0 is the "technical."  The simple reason for this distinction is because Bitcoin1.0 (like fiat currency) is controlled by something other than the shareholders. 

Technical Currency is Bitcoin2.0 because you get to trust your own technical abilities when voting on the survival of your wealth.
Primitive Currency is everything else besides hard assets where you put your trust in somebody else entirely (in god or Gavin we trust).  So unless the bitcoin community gives control over the code to its holders, there are no other 2.0 currencies.

The break from non-shareholder controlled money (or code / protocol) was first performed successfully by BitShares through Smartchain Technology; and just as bitcoin was copied to puking, community controlled currencies like BitShares will be forked to death too.  Not because BitShares is that awesome, but simply because BitShares was the first.  One thing that will be different, however, is that the BitShares clones will be more successful than the Bitcoin1.0 clones, because centrally coded crypto resembles fiat more than it resembles BitShares.

BitShares - community controlled crypto code
Title: Re: My pitch to the Overstock CEO
Post by: karnal on June 26, 2015, 10:10:10 am
We are not looking for a quick ticket to retirement.
We have a mission.
BitShares is central to that mission.

I love bitshares  +5%

I love bitshares and you all  :)
Title: Re: My pitch to the Overstock CEO
Post by: Permie on June 26, 2015, 12:55:07 pm
We are not looking for a quick ticket to retirement.
We have a mission.
BitShares is central to that mission.

I love bitshares  +5%

I love bitshares and you all  :)
The principles behind the talent is why I'm here

For the record I found the articles on BM's blog to be the most compelling reason to be interested in BitShares.
They detailed BM's stance on economics, the free market and profit as the most important tools in a path to freedom.
In this early stage in the crypto-industry investment in people and principles is a far safer bet than just in technology.
Roadblocks and bottlenecks are still being discovered and it's talented people that will navigate successfully.

I particularly enjoyed the "sufficient decentralization" article and others like it that lay out the limitations of what is possible, and then outline the appropriate solution to it. BitShares is the only community that I know of that has (potentially) solved so many issues currently holding crypto back from the mainstream.
I had the 'minimal requirements for decentralization" article bookmarked and went to link it here, but it just redirects to bitshares.org mainpage now.

I think it is important that they are easily accessible to newcomers

I got your pitch right here:

BitShares - the choice is yours  +100,000 TPS or -$100,000


BM just built a protocol that's adequate for mass global public consumption.  What makes you think that he is going to get all star struck when Jeff Bezos comes knocking?  Cryptonomex is firmly in the negotiating drivers seat.  The only competitors to the BitShares Smartchain (where you will integrate your business) are centrally controlled blockchains that, as Mr Byrne is fast finding out, are not cheap to develop, secure, or maintain.

The price of integrating into the BitShares Smartchain went up the moment the 100,000 TPS secret sauce was discovered.
I understand that the value of bts has increased since DPOS 2 has been announced, but why has the price of integrating gone up?
I'm all for charging as much as the market will bear, but I thought the idea of BTS was to be the platform infrastructure, as you mentioned, and for it to be open for everyone to start running businesses and personal services on it.
1,000 underdog small companies running on bts is more valuable (in more ways than profit) than 1 corporation that pays a hefty fee to integrate, IMO.

I may be misunderstanding what overstock are trying to do, but how would them choosing to use BitShares instead be in any way negative for us?
Yeah CMX might have to do a bit of consulting, but DPOS 2 is supposed to be ready-to-go and permission-less. Why would Byrne ever have the opportunity of stealing BM?
If they want control, bts gives it to them.
Are they trying to build a centralized Overstock-TM exchange? What is the value in that?

If DPOS 2 will be released how I think it will - why does the community need to sacrifice anything more than time to educate Byrne and let him know he can save money and get the job done and mainstream-ready?
BitShares is designed to be able operate exactly as a stock-exchange - what does Overstock need that bts can't give them?
Why would BM need to design anything extra for them at all?
Title: Re: My pitch to the Overstock CEO
Post by: kenCode on June 26, 2015, 03:44:10 pm
I'm not going to contact Overstock right now. Especially after reading some of your posts here about Byrne.
 
Now, jesusagechrist, Erlich Bachman. Your entire post (reply #29) is a beautifully written article in itself. Just precede it with some lead-in and we could publish that sucker as a follow up to justinthedouchebag's slander-piece drivel crap and let it ride.
 
Well said Erlich +5% +5% +5%