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Topics - MrJeans

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61
General Discussion / Operating system, DAC
« on: December 18, 2013, 07:26:06 pm »
I have been thinking of how to create a DAC that provides an operating system to users. Thereby creating a DAC competitor to Microsoft, Apple etc.

The DAC will provide a free market OS whos development will be funded from its own decentralized currency. Thereby removing the need for donations and increasing the funding available for software development.

Create a clone of Ubuntu (or any other open-access OS, or start a completely new one). Lets call this OS; OS-DAC.

OS-DAC requires payment of OS-shares to enable its use.

People can then mine OS-shares and use them to purchase/enable OS-DAC for their PC.

People who then own OS-shares become stakeholders in OS-DAC and would therefore want to improve on the operating system so that it becomes more valuable thus pushing up the value of their OS-shares.

The value of OS-DAC compared to Windows, Ubuntu etc will be derived from the value put in by the community who own OS-Shares.

For example, if OS-DAC is cloned from Ubuntu. Then the relative value of Ubuntu compared to OS-DAC would be dependable on the value put in by the two different communities. The one community will consist of persons who own OS-shares and want these shares to appreciate while assisting in providing free market solutions. The other already existing community consists of persons working for the Ubuntu organization and rely on donations.


Issues:
where do we store the OS, as a torrent?
how do we set up a pay wall for use of the OS?
Im sure there are lots more issues.

I think this is an interesting idea; new competition, incentive to develop, provides funding for OS dev, no need for donations.

I am interested to hear what the ever expanding PTS community thinks

62
Technical Support / at what date did PTS block 32000 occur
« on: December 18, 2013, 11:16:20 am »
i am trying to work out if I owned any PTS in a client at the time memory coin was launched.

How can I find out at what date PTS block 32000 was created.

Thanks

63
General Discussion / Should we be calling it BitShares?
« on: December 16, 2013, 11:30:54 am »
The name BitShares makes sense and its easy and simple enough.

The issue I'm having with it is that it aligns itself closely with Bitcoin.

To someone who doesnt know what BitShares is they may think:
- A share in a piece of a bitcoin
- Shares in bitcoin related companies
- Using bitcoin to buy shares etc etc

If BitShares aligns itself too closely with Bitcoin we may see a loss of confidence/drop in price of BitShares if the price of or confidence in bitcoin declines.
Perhaps Bitcoin shall be replaced by another alt currency, we wouldnt want BitShares to suffer from this unnecessarily.

One of the biggest strengths BitShares has, is that it will be able to function in the complete absence of Bitcoin (and every other alt coin, save bitshares coin). This is also its great strength over mastercoin.

My concern is that people wont see BitShares as a separate entity to bitcoin and thus the fate of BitShares is tied to Bitcoin and other currencies simply because of the name. And with BitShares we see the great economic importance of the names (where BitUSD should track USD because of the name coupled with market forces).

Will people be able to imagine a world that has BitShares but not Bitcoin...? Such a world is very possible but awkward to imagine, exposing BitShares to unnecessary and unmanaged risk.

64
General Discussion / BitShare investing/trading
« on: December 09, 2013, 10:57:09 pm »
Let me know if this should be moved elsewhere.

What would be the best way to get the most out of ones BitShares during the early stages of BitShares?

If I hold my BitShares, I will get more dividends (from half of mining and transaction fees). But the dividends would not be enough to keep up with the inflation of new BitShares entering the system (through mining).

Thus my purchasing power will not increase over time and may infact decrease.

And I also assume supply of BitShares will be high at the start.

Given the above what would be the best way for an early adopter to make the most of BitShares when it first comes out?

Would it be to hold BitShares and collect dividends and hope for high capital appreciation against fiat? Or buy BitUSD and collect dividends from your bitUSD through the BitShares you have used to back up the BitUSD?

I find the benefits of holding BitUSD or any other BitAsset over simply holding onto BitShares rather confusing.

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