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General Discussion / MOVED: Healthcare Pricing Models? Alternatives to Health Insurance "Exchanges"?
« on: March 24, 2014, 02:11:58 pm »21
General Discussion / MOVED: Decentralized encrypted medical records
« on: March 24, 2014, 02:05:07 pm »22
General Discussion / MOVED: BitShares Insurance - Insure Anything (almost)
« on: March 24, 2014, 02:03:33 pm »23
General Discussion / Welcome!
« on: March 24, 2014, 01:59:47 pm »
This board focuses on the BTS Mutual Aid Society (aka 'insurance') DAC.
The model that Bytemaster has proposed is closer to a fraternal lodge or benevolent order than to conventional insurance, in which persons with a common bond contribute to and manage a community fund that members can tap in times of extraordinary need.
This can be due to personal injury, natural disaster, medical condition, commercial debt default, political upheaval, or anything else that creates an unexpected cost.
Questions that we need to address include:
While it is true that there is no One True Way to model a BTS MAS, many prefer off-the-shelf solutions rather than have to build Do It Yourself solutions from components. The result should be flexible enough for those who want to modify it to do so without having to hack the source code directly, yet well defined enough to use out of the box.
The model that Bytemaster has proposed is closer to a fraternal lodge or benevolent order than to conventional insurance, in which persons with a common bond contribute to and manage a community fund that members can tap in times of extraordinary need.
This can be due to personal injury, natural disaster, medical condition, commercial debt default, political upheaval, or anything else that creates an unexpected cost.
Questions that we need to address include:
- How to identify or define the common bond of a specific MAS.
- Whether payouts should be repaid to the fund, and if so with or without interest.
- The levels of deductibles and copayments.
- Whether individual adjusters or a prediction market should judge claims.
- What it would take for you to join a BTS MAS.
While it is true that there is no One True Way to model a BTS MAS, many prefer off-the-shelf solutions rather than have to build Do It Yourself solutions from components. The result should be flexible enough for those who want to modify it to do so without having to hack the source code directly, yet well defined enough to use out of the box.
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General Discussion / reddit: What is Invictus and Protoshares?
« on: March 19, 2014, 09:35:00 pm »
It's starting out pretty harsh.
http://www.reddit.com/r/Bitcoin/comments/20tcab/what_is_invictus_and_protoshares/
Edit: It started out pretty harsh, but got better as more commenters chimed it.
http://www.reddit.com/r/Bitcoin/comments/20tcab/what_is_invictus_and_protoshares/
Edit: It started out pretty harsh, but got better as more commenters chimed it.
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KeyID / Bitcoin and Namecoin Appear in Draft ICANN Report – U.S. Plans to Relinquish Rem
« on: March 19, 2014, 09:30:30 pm »26
General Discussion / Proof of Ownership (POO[???])
« on: March 18, 2014, 03:24:40 am »
5 Technologies That Will Change the World:
BitShares: 4 out of 5 ain't bad!
- Distributed Proof of Ownership
- Anonymity
- Crowdfunding
- The Subscription Economy
- Location Services
BitShares: 4 out of 5 ain't bad!
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General Discussion / Plastic Pennies
« on: March 17, 2014, 09:44:25 pm »Maybe someone in marketing can do something with this.
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General Discussion / The South Florida Boutique Economy
« on: February 15, 2014, 05:32:33 pm »
My personal approach to BitShares reflects the market that I operate in here in South Florida.
Whereas, Silicon Valley is organized around the interests of venture capitalists, who are always on the lookout for the next winner-take-all ten-bagger; and Wall Street, home of the largest stock market in the world, is organized around the interests of investment bankers, who are always on the lookout for firms large enough to take public; South Florida, which has been rated among the top regions in the USA for concentration of the entrepreneurial personality, is organized around the interests of entrepreneurs.
In Silicon Valley and Wall Street, startups are the product; in South Florida, entrepreneurs are the suppliers.
Although the headquarters of some household brands are located in South Florida—e.g., Burger King, Carnival Cruise Lines, DHL International, Office Depot, Ralph Lauren, Spirit Air, Tiger Direct, and a few others—one does not expect to see an Apple, Exxon, IBM, or Intel start here.
Financial services, logistics, and tourism are South Florida's strong suits, rather than bleeding-edge engineering and software development. The second-largest tourist attraction in Florida after Disney World is a shopping mall west of Ft. Lauderdale, and our Home Depot stores have export departments!
We see this in the startup culture here, where we are more likely to see 10,000 small and medium-size Boutique Economy firms (a term coined by Angelina Pluzhnyk) with 1,000 customers each, rather than a Cult of the Colossal enterprise (a term coined by Wilhelm Röpke) with 10 million customers and 9,999 broken hearts strewn across the landscape. Forbes, Fortune, and Time are unlikely publish photographs of South Florida CEOs on their front covers, but each of those obscure CEOs is master of his or her small or medium-size domain, and each wakes up every morning his or her own boss.
Although the spiders, snakes, alligators, hurricanes, and psychotic tourists have taught us to be rather hard-hearted, you rarely will hear one of us say something like, "Second Place is the first loser."
One of the things that attracts me to BitShares is a similar vision of letting 10,000 experiments run, each with its own blockchain to stand or fall on its own luck and merits. Granted, the initiators of some BitAssets will have rather grand visions—BitUSD, BitBTC, BitGold, etc.—but just as interesting could be BitTrentReznor'sNextSongCollection, BitGuatemalanLightRoatedCoffee, BitBatesMotelRoom, and who-knows-what-all-else.
I am not as concerned about getting to sit at the Cool Kids' Table at Bitcoin conferences, as I am about getting young men and women in economically under-served regions—local and worldwide—to embrace these weird, new, 21st Century technologies and stand as equals in the increasingly integrated global marketplace. To those who sneer, "Yeah, but it doesn't scale..." I respond, "Yeah, but there's 6 billion of them..."
Something like 85% of the world's population does not have bank accounts, but an increasing proportion of them have smartphones. In the same way that they leapfrogged from unwired to wireless, they are about to leapfrog over antiquated banking, capital, and credit incumbents to whatever the heck this stuff is that we are working on.
Just speaking for myself here, but if I can get one Haitian teenager in North Miami to buy hot sauce from someone in Ghana using BitHotSauceFromGhana001 and then sell it to a hipster at a 1,000% markup, I will consider my job done, when others 'steal' his or her business model and do the same with other small-label commodities from other parts of the world.
Whereas, Silicon Valley is organized around the interests of venture capitalists, who are always on the lookout for the next winner-take-all ten-bagger; and Wall Street, home of the largest stock market in the world, is organized around the interests of investment bankers, who are always on the lookout for firms large enough to take public; South Florida, which has been rated among the top regions in the USA for concentration of the entrepreneurial personality, is organized around the interests of entrepreneurs.
In Silicon Valley and Wall Street, startups are the product; in South Florida, entrepreneurs are the suppliers.
Although the headquarters of some household brands are located in South Florida—e.g., Burger King, Carnival Cruise Lines, DHL International, Office Depot, Ralph Lauren, Spirit Air, Tiger Direct, and a few others—one does not expect to see an Apple, Exxon, IBM, or Intel start here.
Financial services, logistics, and tourism are South Florida's strong suits, rather than bleeding-edge engineering and software development. The second-largest tourist attraction in Florida after Disney World is a shopping mall west of Ft. Lauderdale, and our Home Depot stores have export departments!
We see this in the startup culture here, where we are more likely to see 10,000 small and medium-size Boutique Economy firms (a term coined by Angelina Pluzhnyk) with 1,000 customers each, rather than a Cult of the Colossal enterprise (a term coined by Wilhelm Röpke) with 10 million customers and 9,999 broken hearts strewn across the landscape. Forbes, Fortune, and Time are unlikely publish photographs of South Florida CEOs on their front covers, but each of those obscure CEOs is master of his or her small or medium-size domain, and each wakes up every morning his or her own boss.
Although the spiders, snakes, alligators, hurricanes, and psychotic tourists have taught us to be rather hard-hearted, you rarely will hear one of us say something like, "Second Place is the first loser."
One of the things that attracts me to BitShares is a similar vision of letting 10,000 experiments run, each with its own blockchain to stand or fall on its own luck and merits. Granted, the initiators of some BitAssets will have rather grand visions—BitUSD, BitBTC, BitGold, etc.—but just as interesting could be BitTrentReznor'sNextSongCollection, BitGuatemalanLightRoatedCoffee, BitBatesMotelRoom, and who-knows-what-all-else.
I am not as concerned about getting to sit at the Cool Kids' Table at Bitcoin conferences, as I am about getting young men and women in economically under-served regions—local and worldwide—to embrace these weird, new, 21st Century technologies and stand as equals in the increasingly integrated global marketplace. To those who sneer, "Yeah, but it doesn't scale..." I respond, "Yeah, but there's 6 billion of them..."
Something like 85% of the world's population does not have bank accounts, but an increasing proportion of them have smartphones. In the same way that they leapfrogged from unwired to wireless, they are about to leapfrog over antiquated banking, capital, and credit incumbents to whatever the heck this stuff is that we are working on.
Just speaking for myself here, but if I can get one Haitian teenager in North Miami to buy hot sauce from someone in Ghana using BitHotSauceFromGhana001 and then sell it to a hipster at a 1,000% markup, I will consider my job done, when others 'steal' his or her business model and do the same with other small-label commodities from other parts of the world.
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General Discussion / price : mean :: order book : variance
« on: February 12, 2014, 07:38:32 pm »
Although they are not backed by the assets that they are expected to track, an incentive might exist for at least some suppliers to accept BitAssets in 1:1 exchange for the assets that they represent.
Imagine, for example, that someone issued BitGreenArabicaCoffee, that its price in terms of one's favorite numeraire were X, and that the delivery price asked by coffee wholesalers for green Arabica coffee were approximately X.
Somewhere in the world, a coffee grower might be able to deliver green Arabica coffee at a price enough less than X for it to be worthwhile to accept, e.g., one ton worth of BitGreenArabicaCoffee, immediately sell it on the open market, and ship the coffee to the buyer.
Let us say, hypothetically, that the total quantity of BitGreenArabicaCoffee in circulation were a fraction of the total worldwide Arabica crop. In this way, it might feel as though BitGreenArabicaCoffee were backed, even though it were not.
Imagine, for example, that someone issued BitGreenArabicaCoffee, that its price in terms of one's favorite numeraire were X, and that the delivery price asked by coffee wholesalers for green Arabica coffee were approximately X.
Somewhere in the world, a coffee grower might be able to deliver green Arabica coffee at a price enough less than X for it to be worthwhile to accept, e.g., one ton worth of BitGreenArabicaCoffee, immediately sell it on the open market, and ship the coffee to the buyer.
Let us say, hypothetically, that the total quantity of BitGreenArabicaCoffee in circulation were a fraction of the total worldwide Arabica crop. In this way, it might feel as though BitGreenArabicaCoffee were backed, even though it were not.
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Español (Spanish) / ¿Cuáles Países?
« on: February 12, 2014, 01:55:27 pm »
¿De cuál país es Ud.?
Estoy en el sur de Florida (Miami / Ft. Lauderdale), y me gustaría usar BitShares en negocios con los de Latinoamérica cuando sea posible.
Estoy en el sur de Florida (Miami / Ft. Lauderdale), y me gustaría usar BitShares en negocios con los de Latinoamérica cuando sea posible.
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