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General Discussion / Re: New website sneak peek! BITSHARES.ORG
« on: March 18, 2014, 07:59:43 pm »
New website looks incredible, very exciting stuff!
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General Discussion / Re: Brian Page quote completes NY Times article on Satoshi
« on: March 07, 2014, 08:30:31 pm »
NY Times is the second most popular daily in the United States, and Brian's quote/Bitshares is what they felt was strongest to end the article.
See - http://www.thepaperboy.com/usa-top-100-newspapers.cfm
See - http://www.thepaperboy.com/usa-top-100-newspapers.cfm
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General Discussion / Bitshares chosen to complete NY Times article on Satoshi
« on: March 07, 2014, 02:59:21 pm »
See full article here: http://dealbook.nytimes.com/2014/03/06/newsweek-unmasks-bitcoin-founder-stirring-ire/?_php=true&_type=blogs&hpw&rref=business&_r=0
"In Texas, at a Bitcoin conference that began on Wednesday, Brian Page, the director of communication for a company called Bitshares, said that initially, he was shocked by the apparent unmasking, but then he reflected.
'I have no idea if it’s the guy or not, but it doesn’t matter,' he said. 'He created something historic but it doesn’t matter if he is found. Bitcoin is launched and it’s not under his control or anyone’s control.'
"In Texas, at a Bitcoin conference that began on Wednesday, Brian Page, the director of communication for a company called Bitshares, said that initially, he was shocked by the apparent unmasking, but then he reflected.
'I have no idea if it’s the guy or not, but it doesn’t matter,' he said. 'He created something historic but it doesn’t matter if he is found. Bitcoin is launched and it’s not under his control or anyone’s control.'
5
General Discussion / Sovryn Tech interview with Brian Page released today
« on: March 03, 2014, 10:21:54 pm »
Director of Marketing Brian Paige explains Bitshares on Sovryn Tech: w hosts Brian Sovryn and Stephanie Murphy
https://soundcloud.com/sovryntech/sovryn-tech-special-0018
https://soundcloud.com/sovryntech/sovryn-tech-special-0018
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General Discussion / yBitcoin Magazine: Daniel Larimer - A Passion For Freedom via Decentralization
« on: March 03, 2014, 10:10:55 pm »
The following is text from yBitcoin Magazine's profile on Daniel Larimer
Daniel Larimer. A Passion for Freedom via Decentralization
Not all that deep and hidden in his entrepreneurial heart of hearts, Daniel Larimer is a philosopher and a dreamer, identities he readily attests to in discussing an approach to life, study and work that has placed him in the forefront of the Bitcoin world, where he is known within its inner circles as “Father of the DAC.” (He originated the idea of the “decentralized autonomous company.”)
As founder and CEO of BitShares, an utterly innovative “crypto-equity” platform that he founded in 2013 (see page 14), Larimer’s passion is bound not so much by building successful companies, though that is all well and good, but by having those companies do nothing less than help change the world. He aims to do so under the guiding vision of a radically decentralized economy that reflects his own company’s mission to pursue free markets that ensure “life, liberty and property for all.”
Larimer is a Colorado native who spent his formative years in Florida and Virginia, the latter serving as his home base since graduating in computer science from Virginia Tech in 2003. Having learned computer programming from his father when still in elementary school, he turned an almost in-born techy/entrepreneurial bent into a business venture fresh out of college, when he joined a handful of buddies to launch a virtual reality company.
“We did well and made money every year, but we closed it down after five years and went on to other things,” he says. Some of those involved him writing code for unmanned ground and air vehicles, a field he later left when its military implications left him a touch uneasy.
All the while, he was pursuing nothing less than what he unabashedly calls “the pursuit of truth about everything— I’ve always wanted to know what’s going on in the world and how things work.” Encounters with the Ron Paul presidential campaigns stimulated an intellectual odyssey into the depths of libertarianism, a passion that informs his unique fusion of economics, innovation, politics and the common good.
I believe whole-heartedly in voluntary associations and moving beyond a contract society where I’m going to get you to do X, Y or Z or I’ll get the government to point a gun at you,” he says. “Contracts always come down to government force. All that just drives costs and misery up. I want to do business on a handshake and make reputation primary, because if your reputation is damaged it’s the worst thing that can happen, and your business suffers. It’s never about coercion, but about the Golden Rule with a slight twist: ‘Don’t do unto others as you don’t want them to do unto you.’”
He points out that Bitcoin operates on basically the same premise, where, he says, “No one delivers anything by fiat.”
True to the Internet age, he discovered Bitcoin when pondering the intellectual knots attendant to decentralization of the financial sector. So he Googled “decentral- ized currency,” and up popped the name “Satoshi Nakamoto,” the pseudonym for the developer of Bitcoin, whom he soon began regularly communicating with before developing his own twist on Nakamoto’s blockchain technology in the form of BitShares.
“I was trying to figure out how to create a decentralized bank,” he says, “so I had an idea and put out a bounty on the Internet, for which I’d pay $1,000 to anyone who could convince me not to put my life savings into it. No one really could, but I paid it anyway, because there had been a lot of good questions raised. Then a few days later, I solved why my idea wouldn’t work! I was really sad, but then on June 2, 2013—I remember the day—it came to me. I discovered the key that led to one of the BitShares businesses we’re building called BitSharesX—a decentralized exchange that combines the benefits of Bitcoin with the price stability of the dollar. That has continued to lead to more exciting uses of our technology.
"Will I get where I want all this to go in my lifetime? I don’t know, but this is the first step.”
Daniel Larimer. A Passion for Freedom via Decentralization
Not all that deep and hidden in his entrepreneurial heart of hearts, Daniel Larimer is a philosopher and a dreamer, identities he readily attests to in discussing an approach to life, study and work that has placed him in the forefront of the Bitcoin world, where he is known within its inner circles as “Father of the DAC.” (He originated the idea of the “decentralized autonomous company.”)
As founder and CEO of BitShares, an utterly innovative “crypto-equity” platform that he founded in 2013 (see page 14), Larimer’s passion is bound not so much by building successful companies, though that is all well and good, but by having those companies do nothing less than help change the world. He aims to do so under the guiding vision of a radically decentralized economy that reflects his own company’s mission to pursue free markets that ensure “life, liberty and property for all.”
Larimer is a Colorado native who spent his formative years in Florida and Virginia, the latter serving as his home base since graduating in computer science from Virginia Tech in 2003. Having learned computer programming from his father when still in elementary school, he turned an almost in-born techy/entrepreneurial bent into a business venture fresh out of college, when he joined a handful of buddies to launch a virtual reality company.
“We did well and made money every year, but we closed it down after five years and went on to other things,” he says. Some of those involved him writing code for unmanned ground and air vehicles, a field he later left when its military implications left him a touch uneasy.
All the while, he was pursuing nothing less than what he unabashedly calls “the pursuit of truth about everything— I’ve always wanted to know what’s going on in the world and how things work.” Encounters with the Ron Paul presidential campaigns stimulated an intellectual odyssey into the depths of libertarianism, a passion that informs his unique fusion of economics, innovation, politics and the common good.
I believe whole-heartedly in voluntary associations and moving beyond a contract society where I’m going to get you to do X, Y or Z or I’ll get the government to point a gun at you,” he says. “Contracts always come down to government force. All that just drives costs and misery up. I want to do business on a handshake and make reputation primary, because if your reputation is damaged it’s the worst thing that can happen, and your business suffers. It’s never about coercion, but about the Golden Rule with a slight twist: ‘Don’t do unto others as you don’t want them to do unto you.’”
He points out that Bitcoin operates on basically the same premise, where, he says, “No one delivers anything by fiat.”
True to the Internet age, he discovered Bitcoin when pondering the intellectual knots attendant to decentralization of the financial sector. So he Googled “decentral- ized currency,” and up popped the name “Satoshi Nakamoto,” the pseudonym for the developer of Bitcoin, whom he soon began regularly communicating with before developing his own twist on Nakamoto’s blockchain technology in the form of BitShares.
“I was trying to figure out how to create a decentralized bank,” he says, “so I had an idea and put out a bounty on the Internet, for which I’d pay $1,000 to anyone who could convince me not to put my life savings into it. No one really could, but I paid it anyway, because there had been a lot of good questions raised. Then a few days later, I solved why my idea wouldn’t work! I was really sad, but then on June 2, 2013—I remember the day—it came to me. I discovered the key that led to one of the BitShares businesses we’re building called BitSharesX—a decentralized exchange that combines the benefits of Bitcoin with the price stability of the dollar. That has continued to lead to more exciting uses of our technology.
"Will I get where I want all this to go in my lifetime? I don’t know, but this is the first step.”
7
General Discussion / yBitcoin Magazine feature on bitshares
« on: March 03, 2014, 09:07:52 pm »
The following is text from yBitcoin Magazine article on Bitshares: written by Andrew Hidas
bitshares: Doing for business what Bitcoin does for money
So were you perhaps beginning to feel pretty good about finally understanding the world of Bitcoin as it started to make the evening news and show up in morning briefings on your favorite cable outlet? Well hold on there, because like all dramatic innovations in human history, Bitcoin has paved the way for a host of followups in the “ecosystem” it has spawned, and there would appear to be no stopping now.
One of the latest innovations-upon-innovation is BitShares, whose slogan, “Reimagine Everything,” stands as a call-to-arms to widen the vision of the technology behind Bitcoin. BitShares uses the same blockchain-based model but applies it to shares of companies, potentially broadening the technology’s reach far beyond currency.
The BitShares concept originated with Daniel Larimer, a Virginia-based software engineer and entrepreneur with an abiding passion for fostering radically decentralized businesses—including his own.
“We’re spread all over the world,” notes BitShares Marketing Director Brian Page, who tracked Larimer down at the Las Vegas Bitcoin Conference last year. Everywhere Page turned to make deeper inquiries about what may be the next big thing related to Bitcoin, he heard the same refrain: “Oh, you have to see what Dan Larimer is working on.”
Page wasn’t looking for a job prior to that conversation, but he emerged with one after he and Larimer got to discussing not only the fine points of Bitcoin, but where the new decentralized world was heading in its wake. For Larimer, his own path was obvious. With BitShares, he was already moving beyond Bitcoin-as-mere-currency, creating his equally decentralized entity with the task of building the software that will make the world’s first fully decentralized autonomous businesses possible.
Page elaborates: “We aim to do for business what Bitcoin is doing for money— make it digital, decentralized, open source, and free market.” To that end, BitShares offers an open source platform from where entrepreneurs can encode their business plans in software limited only by their imaginations—and the willingness of others to share their vision and invest in their companies. BitShares thus represents a new use of Bitcoin technology, where instead of using “coins” to function as currency, it can be used to own digital “shares.”
“Anyone can use the BitShares software to build a decentralized autonomous com- pany (DAC),” Page says. “Within that, there are many kinds of shares and many kinds of companies. The commonality is that they’re digital and exist only as software. These are not legal entities with boards of directors, stock, offices, and employees. Like Bitcoin, DACs exist entirely as software running on individual computers all over the Internet, allowing them to take on a life of their own, like Bitcoin has. With expenses reduced, transaction fees earned by the network can go to shareholders instead.
“We looked at Bitcoin and thought, ‘Hey, there are a hundred other ways to apply the same technology.’ The banking industry, domain names, gaming, insurance, the music industry, ticket sales, even the way we count votes—these and many other businesses are run archaically, in ways that let profits go right out the door and require centralization,” Page says. “All of them would benefit hugely with a BitShares approach that limits fraud, fills seats, promotes transparency, and unleashes free market forces and entrepreneurs.”
BitShares, Page likes to suggest, will be “the ultimate app store for entrepreneurs who want to enter this new world. We’re creating the tools they’ll need to make this possible by combining the profit motive with blockchain technology in a way that hasn’t been done before.
“Think back for a minute to the early 1990s when the first websites were being created,” Page offers. “People at the time thought, ‘Oh, that’s a beautiful website, just brilliant, that will change everything,’ but the true brilliance was not just the website, it was the emergence of the Internet itself. Look what it led to. Who could have envisioned Google or Facebook back then? And those companies just keep coming. So, if you think of the Internet as what made possible the decentralization of information, this new wave of innovation will enable the decentralization of so much more. It’s why we keep asking, ‘Why not reimagine everything?’”
bitshares: Doing for business what Bitcoin does for money
So were you perhaps beginning to feel pretty good about finally understanding the world of Bitcoin as it started to make the evening news and show up in morning briefings on your favorite cable outlet? Well hold on there, because like all dramatic innovations in human history, Bitcoin has paved the way for a host of followups in the “ecosystem” it has spawned, and there would appear to be no stopping now.
One of the latest innovations-upon-innovation is BitShares, whose slogan, “Reimagine Everything,” stands as a call-to-arms to widen the vision of the technology behind Bitcoin. BitShares uses the same blockchain-based model but applies it to shares of companies, potentially broadening the technology’s reach far beyond currency.
The BitShares concept originated with Daniel Larimer, a Virginia-based software engineer and entrepreneur with an abiding passion for fostering radically decentralized businesses—including his own.
“We’re spread all over the world,” notes BitShares Marketing Director Brian Page, who tracked Larimer down at the Las Vegas Bitcoin Conference last year. Everywhere Page turned to make deeper inquiries about what may be the next big thing related to Bitcoin, he heard the same refrain: “Oh, you have to see what Dan Larimer is working on.”
Page wasn’t looking for a job prior to that conversation, but he emerged with one after he and Larimer got to discussing not only the fine points of Bitcoin, but where the new decentralized world was heading in its wake. For Larimer, his own path was obvious. With BitShares, he was already moving beyond Bitcoin-as-mere-currency, creating his equally decentralized entity with the task of building the software that will make the world’s first fully decentralized autonomous businesses possible.
Page elaborates: “We aim to do for business what Bitcoin is doing for money— make it digital, decentralized, open source, and free market.” To that end, BitShares offers an open source platform from where entrepreneurs can encode their business plans in software limited only by their imaginations—and the willingness of others to share their vision and invest in their companies. BitShares thus represents a new use of Bitcoin technology, where instead of using “coins” to function as currency, it can be used to own digital “shares.”
“Anyone can use the BitShares software to build a decentralized autonomous com- pany (DAC),” Page says. “Within that, there are many kinds of shares and many kinds of companies. The commonality is that they’re digital and exist only as software. These are not legal entities with boards of directors, stock, offices, and employees. Like Bitcoin, DACs exist entirely as software running on individual computers all over the Internet, allowing them to take on a life of their own, like Bitcoin has. With expenses reduced, transaction fees earned by the network can go to shareholders instead.
“We looked at Bitcoin and thought, ‘Hey, there are a hundred other ways to apply the same technology.’ The banking industry, domain names, gaming, insurance, the music industry, ticket sales, even the way we count votes—these and many other businesses are run archaically, in ways that let profits go right out the door and require centralization,” Page says. “All of them would benefit hugely with a BitShares approach that limits fraud, fills seats, promotes transparency, and unleashes free market forces and entrepreneurs.”
BitShares, Page likes to suggest, will be “the ultimate app store for entrepreneurs who want to enter this new world. We’re creating the tools they’ll need to make this possible by combining the profit motive with blockchain technology in a way that hasn’t been done before.
“Think back for a minute to the early 1990s when the first websites were being created,” Page offers. “People at the time thought, ‘Oh, that’s a beautiful website, just brilliant, that will change everything,’ but the true brilliance was not just the website, it was the emergence of the Internet itself. Look what it led to. Who could have envisioned Google or Facebook back then? And those companies just keep coming. So, if you think of the Internet as what made possible the decentralization of information, this new wave of innovation will enable the decentralization of so much more. It’s why we keep asking, ‘Why not reimagine everything?’”
8
General Discussion / Daniel Larimer, the Father of DAC, featured in the Economist
« on: February 25, 2014, 05:33:10 pm »
The Economist on DACs and Daniel Larimer
http://www.economist.com/blogs/babbage/2014/01/computer-corporations
http://www.economist.com/blogs/babbage/2014/01/computer-corporations
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