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Messages - Globally Distributed

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1
BM is not a candidate :P :P :P :P :P :'( :'( :'( :'( :'(

CoinDesk's Most Influential People in Bitcoin and Blockchain in 2015
 
  Mike Hearn, R3
 Blythe Masters, Digital Asset Holdings
 Andreas M. Antonopoulos
 Balaji Srinivasan, 21
 Roger Ver, Bitcoin.com
 Elizabeth Rossiello, Bitpesa
 Greg Maxwell, Adam Back and the Blockstream team
 Tim Swanson, R3
 Vitalik Buterin, Ethereum
 Wences Casares, Xapo
 Nick Szabo, Independent

http://www.coindesk.com/vote-2015s-most-influential-bitcoin-blockchain/

bm has the industry's rockstar potential but doesn't do enough publicity to make the list.  but then again bm's got a lot going bitshares, identabit, graphene, plasma - eventually the market will speak about bm's accomplishments louder than popularity contests.

that said, bitshares could benefit from some public face ... 


2
Can Identabit or Bitshares' Graphene license ever be revoked?

For instance, CNX goes public and a new CEO decides to revoke the license.

3
Technical Support / Re: BitShares 2.0, Graphene & Cryptonomex
« on: June 16, 2015, 01:10:27 am »
I really liked the initial license & open-source strategy, but if this frees or empowers you guys more then I am all for it.  Hopefully there will be more moats built post June 1st because BM, you and the team put out some amazing technology over the last six months, and I want it to be you gentlemen who lead us into the Great Age.

4
General Discussion / Re: What Is Bitshares? A Financial OS.
« on: June 03, 2015, 12:00:06 am »
So what do you think about "platform"? In a lot of cases it's used as synonym to OS.

Platform works. That's what ethereum is calling themselves and I just wanted to differentiate bitshares a little. I would suggest sticking to finance though. I see no point in trying to be a better version of ethereum. The trick seems to be specializing to get initial market share. In the 80s, Microsoft focused on businesses while Apple focused on the individual consumer. Microsoft destroyed Apple because the end user wasn't ready for personal computing (sound familiar?). Businesses were eating up Microsoft's tech because it saved money and gave them a competitive edge.

In our case, Bitshares can be the Microsoft of blockchains and laser focus on solving the financial sector's problems. Let Etherium [try to] appeal to the common user. They will fail until much later, when this tech is maturure and people are actually ready to use it on their own. Until then, solving the financial industry's problems will take us to where we need to be. We can appeal to "everybody" when the time is appropriate.

Edit: Same dynamic was true for Blackberry. They went straight for businesses and became massively popular in their day. Only problem with both Blackberry and Microsoft is they failed (are failing) at appealing to average users when the time came.
+5%

5
General Discussion / Re: BitAsset 2.0 Requirements & Implied Design
« on: May 05, 2015, 01:23:40 am »
I wouldn't be surprised if you have the secret sauce.  If nothing else, record the secret sauce with a timestamp to prove you knew it all along once someone else comes up with it.

6
great recording, I fully agree with BM!

Maybe you can run for your delegate and use the funds to start a mini version of the MLM program and see how effective it is?  It seems like it would make sense to show proof it works before we essentially fire the people who are passionate enough to work (hard) for a modicum of pay from a low-paying delegate. 

Anything else...would be uncivilized.  :P

It's not MLM.

edit: as far as I heard on Mumble
edit: not that I think it shouldn't be mlm. 
edit: we need to set this thing up for success and not try to overly idealize the platform

7
General Discussion / Re: Information Liquidity TED talk
« on: April 25, 2015, 02:58:10 pm »
This is a very insightful talk discussing the emergent information economy and how we can scale it up, taking cues from how life itself manages ultra-complexity, and from looking at innovations that enabled the globalized economy to prosper.

https://www.youtube.com/watch?v=hFgltc6xi00&app=desktop

 tl;dr using p2p networks and a universal container for information, we can solve the problems of resiliency and scalability into trillions of nodes (people, devices).

Nice!  I now have many more questions than answers ...  Good ted talk.

What's the deal with the computerized slides? just a presentation gimmick?

8
This might be completely crazy but the young are the future so here goes....

How about we brew Bitshares Beer, put it in bottles and then organize an international 'Caps' tournament? 

Caps is a drinking game where two or more participants sit opposite each other (or roughly in a circle) on the floor or at a table.  They have a bottle of beer in front of them with the bottle cap reversed and sitting on top.  The idea is to use a bottle cap to knock the cap off your opponent's bottle.  If you succeed, then your opponent has a chance to return fire and knock your bottle cap off.  If he fails then he must drink a finger of his beer, if he succeeds, then the round continues racking up fingers until someone chokes and misses.  Once a player has finished his bottle of beer, he adds another in front of him with another reversed cap.  The combination of skill, beer and competition can produce a fantastic spectacle and is a lot of fun.   

I'm imagining Redbullesque media/marketing with a dodgeball kind of style.  The prize would need to be significant to initially galvanize attention.  Believe me, i'm ready to be given short thrift on this one! :)

Got me thinking.. ......... Get beer brewers to put their referral codes under the caps.....

10
General Discussion / Re: Staff Meeting Notes - Monday, April 20, 2015
« on: April 23, 2015, 11:18:29 am »
Meanwhile, I would recommend you attend the regular Fuzzy Friday town hall meetings the rest of this spring semester. Bytemaster seems to have become a bit more talkative lately.

Last mumble was insane.  I'm sure BM spilled plenty of beans.

#5 black swan protection

We should trademark that term.

The "arbitration" of the least collateralized (or most leveraged) positions to force liquidity = BLACK SWAN PROTECTION (forced liquidity)

Those trading on margin (or at least with low collateral) will be the ones getting called to arbitration (to maintain liquidity), while those who want to invest and play Rip Van Winkle, can just adequately collateralize their positions, and never have to worry about getting called to arbitration.

Realistically, once volume and liquidity pick up, then this obscure "arbitration = black swan protection" mechanism will probably be forgotten by the masses because the market will function well without it.

What will be the lowest level of collateral be?  Will leverage be allowed? How much?

These are the last tiny details that need to be ironed out prior to implemmentation.

Black Swan Protection means that BitShares cannot fail, but it can liquidate (to save the system)(the riskiest or highest leveraged positions first)(therefore the free market battle for survival here involves investors having to calculate the most lucrative levels of collateralization for their investments)(winners get the highest returns at the highest leveraged positions)(losers either overcollateralized and did not make as much profit as they could on their trades or they get called to arbitration getting stopped out of their position in the process)(both losing cases and all winning cases have netural effects on the overall security of the system against failure or liquidity drying up).  So basically, you can trade all you want, anyway you want, and liquidity will always be there.

Great idea!  How can we begin?

11
General Discussion / Re: Staff Meeting Notes - Monday, April 20, 2015
« on: April 23, 2015, 02:03:29 am »
I would recommend you attend the regular Fuzzy Friday town hall meetings the rest of this spring semester. Bytemaster seems to have become a bit more talkative lately.

the quiet periods have always been sort of metamorphoses, which brings a more beautiful bts


12
General Discussion / Re: A Toast to Toast
« on: April 21, 2015, 12:24:53 am »
Basically, a new DAC is launching to focus on entertainment startups that want to leverage the functionality of BitShares. This DAC won't have market pegged assets and will function autonomously from BitShares. Multi-currency wallets such as moonstone will act as the bridge between multiple chains, so one can still trade between artistcoins issued on the Entertainment DAC and bitUSD issued on BitShares.

Citation needed.

not sure on the minute mark...
https://soundcloud.com/beyond-bitcoin-hangouts/beyond-bitcoin-music-dev-hangout-03-27-2015-s3

Thanks. I listened to this hangout before and don't remember the bolded conclusions above. I will listen to it again.

Although, I would appreciate it if bitsapphire could just confirm whether it is true or not and save me time.

Edit: I only skimmed through it (it would be so nice if there were transcripts), but I am pretty sure those claims were not made in that hangout.

It might actually be in the Taulant / Max Wright interview....

13
General Discussion / Re: A Toast to Toast
« on: April 20, 2015, 11:45:33 pm »
Basically, a new DAC is launching to focus on entertainment startups that want to leverage the functionality of BitShares. This DAC won't have market pegged assets and will function autonomously from BitShares. Multi-currency wallets such as moonstone will act as the bridge between multiple chains, so one can still trade between artistcoins issued on the Entertainment DAC and bitUSD issued on BitShares.

Citation needed.

not sure on the minute mark...
https://soundcloud.com/beyond-bitcoin-hangouts/beyond-bitcoin-music-dev-hangout-03-27-2015-s3

14
General Discussion / Re: [FYI] Just get e-mail from Ripple
« on: April 15, 2015, 02:45:28 am »
It does us a GREAT disservice to dismiss the obvious corruption that brought us all to crypto in the first place as "tinfoil hat" stuff. 

I am playing devil's advocate more than anything.  I am a capitalist and want to see BitShares succeed, and I have grown extremely fond of the pursuit of life liberty and property for all. I also think the pursuit of truth is neccesary and valuable to the project.

However, what actually brought me into Crypto.. I was 13 years old and I wanted to buy some things without my parents knowing.  .. Well, I couldn't do it because of KYC on cash cards, no access to a cash paying job, and lack of understanding of how all the payment system / money hocus pocus worked.  I must have suppressed that desire to be free with my money, but it absolutely erupted when I discovered Bitcoin and BitShares 10 years later in 2013. 

You could lump that in as discovering the corruption and wag the finger at big gov't, but it seems to me technology was never available to act as an economically optimal or peaceful state transition machine.  That said I am fascinated by how the technology supports libertarianism now more than ever and I suspect we are on the forefront of a peaceful revolution.

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General Discussion / Re: [FYI] Just get e-mail from Ripple
« on: April 15, 2015, 02:04:50 am »
P.S. what we build here today is going to be impossible for any man or even team of men to defeat.

 +5% the final political frontier

also, it reminds me of terminator... and robots

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