151
Muse/SoundDAC / Re: Email Template to ask exchanges for BTS and MUSE Integration (And Quest)
« on: December 06, 2015, 11:33:13 pm »
Reward pooling? Another Bitshares community innovation?
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152
General Discussion / Re: Any interest in a more modern Discussion board?
« on: December 06, 2015, 07:30:22 pm »
We need a trollbox in Open Ledger. The current discussion board is fine and I think we need to get away from discussion boards and put the discussions into Open Ledger.
The more time we spend on the forum the less time we are spending in Bitshares.
The more time we spend on the forum the less time we are spending in Bitshares.
153
General Discussion / Re: Help me Identify the Top 10 most harmful laws!
« on: December 05, 2015, 01:38:14 pm »I am looking for a list of laws that have the following characteristics:
1. Completely Unjust (Victimless Crimes)
2. Probability of Getting Caught Violating the law is Low
3. Cost of getting caught is high
4. The penalty for getting caught is mostly financial
5. Have public sympathy for the individual prosecuted
A. Gambling.
B. Prostitution.
C. Crowd funding.
D. Issuing securities (Satoshi Dice?).
I would say with crowd funding you would get a lot of public sympathy. Here you would have people trying to better their own lives, contribute to society, build stuff, and the cruel SEC wants to stop it?
Issuing securities is similar. The SEC would totally be the bad guy unless it's a complete scam. The SEC was not viewed as the good guy for enforcing on Satoshi Dice.
Prostitution is another, most prostitutes who get arrested are not bad people and are just desperate for money. The people arresting them aren't offering them a job, and it's a victimless crime.
And then you have all sorts of situations where a person might leak something which clearly saves lives, such as if there is some toxin in the food which no one knew about. This person might be committing a crime, but most people who are saved from getting sick will be glad the person committed the crime.
Come up with a methodology, also factor in the risk. The risk matrix will give you the risk of facing consequences. The risk assessment can tell you which crimes are low risk high reward if for political protest purposes. I would say the SEC example is low risk as no one has ever been prosecuted for that except for Satoshi Dice, but at the same time if enough people do get prosecuted for that it could force the laws to change. So if they crack down it would only make the SEC look unhelpful and bad or even irrelevant to a lot of people.
154
General Discussion / Re: Help me Identify the Top 10 most harmful laws!
« on: December 05, 2015, 01:25:56 pm »I am looking for a list of laws that have the following characteristics:
1. Completely Unjust (Victimless Crimes)
2. Probability of Getting Caught Violating the law is Low
3. Cost of getting caught is high
4. The penalty for getting caught is mostly financial
5. Have public sympathy for the individual prosecuted
I'm aware you're an INTJ, so my guess is you have a consequence and risk based perspective.
What do you think of civil asset forfeiture?
155
General Discussion / Re: (Poll) Should Committee Members be able to Distribute BROWNIES?
« on: December 03, 2015, 02:23:07 pm »Give elected positions in Bitshares a currency of actual value (trading for BTS) to freely distribute at their discretion to voters that could/would give those representatives favour? What could possibly go wrong?
It depends on how it is done. If it's done by a formula or with a bot then maybe it could work but when humans make judgement on other humans that is a bad recipe.
156
General Discussion / Re: (Poll) Should Committee Members be able to Distribute BROWNIES?
« on: December 03, 2015, 09:05:58 am »
It should be you. The fewer people we have to trust to that task, the more fair the distribution will likely be.
So far you've been very fair but who knows how the committee will do things. It represents a risk.
I think to decentralize it just use bots and faucets, which distribute by algorithm, but then why would we need the committee to control that? As a precedent it's only fair if you and the people Bytemaster selected to distribute his personal token are the one's distributing it.
Putting it in the hands of the committee will make it seem like a community token when it's really Bytemaster's personal token to do as he pleases with. It would also set a precedent because what if other people want their token distributed by the committee someday in the future?
So far you've been very fair but who knows how the committee will do things. It represents a risk.
I think to decentralize it just use bots and faucets, which distribute by algorithm, but then why would we need the committee to control that? As a precedent it's only fair if you and the people Bytemaster selected to distribute his personal token are the one's distributing it.
Putting it in the hands of the committee will make it seem like a community token when it's really Bytemaster's personal token to do as he pleases with. It would also set a precedent because what if other people want their token distributed by the committee someday in the future?
157
General Discussion / Re: Incentivising Liquidity
« on: December 02, 2015, 10:21:38 pm »
Brilliant idea worth considering.
158
General Discussion / Re: Cleartracks, anyone see it?
« on: December 02, 2015, 10:18:22 pm »What could Peertracks possibly be advertising atm? People would find it cool, check it out, "oh it's not ready, i'll come back later" and forget about it...
Only business that could be advertising atm is OpenLedger.
And Metaexchange, and Sharebits. What about ads for important Mumble hangouts?
It's a matter of funding? We can't get worker proposals for ads? They can't set aside some crowd funding revenue for ads? It's necessary at some point to do it, even if the community has to pool money for it.
159
General Discussion / Cleartracks, anyone see it?
« on: December 02, 2015, 08:25:44 pm »
https://www.cleartracks.com/cleartracks/insidetracks/23/cleartracks-now-accepting-bitcoin-at-checkout
There are ads for it on Reddit. It's not Peertracks but remarkable in how it's being marketed while Peertracks doesn't seem to have any Reddit ads.
When will we see OpenLeger, Bitshares or similar Reddit ads? If OpenLedger is a decentralized exchange where are the ads?
There are ads for it on Reddit. It's not Peertracks but remarkable in how it's being marketed while Peertracks doesn't seem to have any Reddit ads.
When will we see OpenLeger, Bitshares or similar Reddit ads? If OpenLedger is a decentralized exchange where are the ads?
160
General Discussion / Re: Idea for hyper profitability: shareholder responsibilities
« on: December 02, 2015, 07:15:03 am »Right now there is 500 million BTS just sitting on centralized exchanges, not available to pay any fees to the network, just sitting there ready to drag the price down.
So why dont we require shareholders to fulfill responsibilities to support the network? The point being to gradually force BTS off centralized exchanges and into accounts that are active on the DeX. Centralized exchanges that earn huge fees from their users trading BTS back and forth will find that they have to pay for that privilege.
This is how to do it:
Every account (possibly with a minimum amount of 1millioin BTS) is required to perform market making activity on BTS/USD (we can work out the details) using at least 1% of the account's balance of BTS, every single calendar month. All applicable accounts that dont do this pay 5% of their BTS as a penalty. An example criteria of market making is to place an order within 10% of the price feed for a minimum amount of time.
Again, all details subject to discussion.
The only problem with this idea is that the centralized exchanges wont like this and might coordinate their stake to vote themselves onto the committee and disable this feature. But they are still a minority even if they all vote together, and if the community votes for this then we take back control of BitShares into the hands of the real supporters that use the DeX. And we can start earning millions of BTS of in fees.
This idea has some characteristics as the old 5% inactivity fee that BM floated ages ago. Im ready to do market making with 1% of my stake if required by the network.
We already lose a percentage of our value each year because of inflation of the BTS. I don't think there needs to be any more of that. Look at the percentage of supply that you have and if you want to maintain it then do something about it.
161
General Discussion / Re: Does a r/DecentralizedExchanges exist? If not we need to do it
« on: December 01, 2015, 09:30:20 pm »Just go to the subreddit using the address bar of your browser and click on the create bottom if there is any ...
Go make it, and make Xeroc one of the admins.
162
General Discussion / Re: Idea for hyper profitability: shareholder responsibilities
« on: December 01, 2015, 02:20:37 pm »We just need to get the volume going and the money will move. I'd prefer to attract business with carrots rather than sticks. If we make a good platform that is cheaper and more honest, and perhaps if we can find some way to create a small yield, then we should not need to whip anyone to use the exchange. In the short term, I share your frustration.
Advertising is needed and a well functioning exchange. OpenLedger is going about it in the right way with Obits. First you have to create stakeholders who have it in their self interest to use the exchange and then you have to use banner ads like the other exchanges do.
Shapeshift ads were on Reddit and Coinmarketcap and Cointelegraph.
163
General Discussion / Re: Syscoin 2.0 with Arbitrated Escrow and Encrypted Messaging
« on: December 01, 2015, 02:16:37 pm »http://syscoin.org/syscoin-shade-update/
I don't exactly know how they escrow works, however I got interested simply because of this
Escrow history provides a forge-proof, implicit method of building reputation on the Syscoin network.
Since reputation systems have been talked about in the past but we never came up with a solution that doesn't require KYC stuff.
Reputation systems could open the door to a whole number of other things. We still have lots of stuff to do first, but would like to know what you think about this and how we could use it.
Bitnation solved the identity problem.
https://www.ibtimes.co.uk/bitnation-estonian-government-start-spreading-sovereign-jurisdiction-blockchain-1530923
164
General Discussion / Re: Increasing BitShares Revenue
« on: December 01, 2015, 06:50:30 am »I may not be the only one here in this situation.
I really like the bitshares and what it stands for BUT I find myself looking at openledger and I have no clue how I can make money doing day trading on it. Absolutely no clue.
If I had enough knowledge to at least believe I could make money trading on it, I would be using a lot more. I would be trading on multiple market and generate fees to the network.
Now, who do you know that could teach people like me to use OL for daytrading?
This is a golden opportunity for someone who has this knowledge to make referral revenue.
Please reply if you:
- Want to learn how to daytrade on OpenLedger
- Already have experience daytrading on the network.
We need an army of bloggers.
165
General Discussion / Re: DEVCON1: How Blockchain Technology Can Help us Achieve Prosperity - Don Tapscott
« on: November 30, 2015, 02:53:53 pm »Consciousness cannot be directly located in the brain nor do we know exactly the cause of it. So if it's irrational to say consciousness is an illusion in humans it also means you would have to say it's irrational to believe an AI doesn't have consciousness.@Thom
Some philosophers believe consciousness is an illusion.
That's like using your voice to tell me that words are meaningless. Self detonating, nonsequitor, irrational.
I don't claim to know the answer to these sorts of questions but philosophers are debating it. An AI for example could be a philosophical zombie, act conscious, but not really have consciousness. How do you know for sure that it has consciousness? You never know for sure unless you figure out exactly what consciousness is and how to measure it.
Is it irrational for people to say consciousness is an illusion if time is an illusion?
