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Interesting talk from the Nakamoto Institute guys
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Topic: Interesting talk from the Nakamoto Institute guys (Read 1085 times)
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December 30, 2014, 06:25:10 pm
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#3
speedy
Hero Member
Posts: 1160
BitShares:
speedy
Re: Interesting talk from the Nakamoto Institute guys
Just made a twitter account and sent him the message.
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December 30, 2014, 04:34:04 pm
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#2
toast
Hero Member
Posts: 4001
BitShares:
nikolai
Re: Interesting talk from the Nakamoto Institute guys
So you emailed them before posting this, right? Right?
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Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.
December 30, 2014, 02:28:18 pm
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#1
speedy
Hero Member
Posts: 1160
BitShares:
speedy
Interesting talk from the Nakamoto Institute guys
http://cointelegraph.com/news/113214/the-nakamoto-institutes-first-podcast-rebuts-buterins-defense-of-competing-cryptocurrencies
In their criticism of Ethereum, The "nakamoto institute" guys made an interesting point: stocks pay dividends and bonds pay interest, which is why those things are worth holding. A currency doesnt pay either so its only worth holding if you know its network effect will increase its value, therefore all other crypto-currencies are snake oil (according to them).
Bitshares being a crypto-equity gets the economics right, and someday soon we will reach a point where payed delegates are no longer needed and dividends start coming in. Then according to their own arguments on competing crypto-currencies, they should be in full support of BitShares.
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Interesting talk from the Nakamoto Institute guys