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it has become imperative that we create bitMarmot as soon as possible, and peg it to the actual real world value of a live marmot.
It will be easier to just peg the author to bitMoron... At least we know that this peg will hold
Quote from: merockstar on August 19, 2014, 06:42:17 amit has become imperative that we create bitMarmot as soon as possible, and peg it to the actual real world value of a live marmot.It will be easier to just peg the author to bitMoron... At least we know that this peg will hold
I thought the article was quite entertaining... it has been a while since I read such a scathing review that said more about the author than about BTS. It was like someone trying to argue that Bitcoin is "impossible" simply because there is nothing behind it. To understand BitShares and BitAssets all you need to know are some very fundamental facts:
I do not know why but this reminds me of TV segment on my local TV, about a café accepting bitcoins.I will never forget one of the viewer's texts, expressing his/her opinion:"Bitcoin is great, but what if it gets hacked? You then have nothing, because there is nothing behind it"
I thought the article was quite entertaining... it has been a while since I read such a scathing review that said more about the author than about BTS. It was like someone trying to argue that Bitcoin is "impossible" simply because there is nothing behind it. To understand BitShares and BitAssets all you need to know are some very fundamental facts:1) A digital asset has a non-0 value. (Proven by 300+ alts with non-0 values)2) A collateralized loan is a safe loan if the collateral is relatively liquid and stable3) Prediction Markets Work.Someone attempting to argue against those facts has a very large uphill battle to fight. The straw man arguments and inaccuracies reveal that he doesn't have enough information to make a rational evaluation of the system and thus even if there were something wrong you cannot trust him to know what it was.
The more people who read the article, the more will join here because they would not want to hang out with the writer. Colors, pictures, writing style, as bad as the structure, red links.. It's an angry mans article.