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Bitcoin Magazine article

Started by Empirical1, July 30, 2014, 05:07:22 PM

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Riverhead

The take away for me is that people are talking about Bitshares in the media.  Sure, this person got a lot of it wrong but it hopefully will start conversations and encourage people to look into what exactly Bitshares is; perhaps just to understand why this guy called it a bucketshop, and then realize he's way off.  This article hurts the writer and helps us.

gamey

Quote from: luckybit on July 31, 2014, 06:10:08 AM

Did you read the rest of it? It practically criminized Bitshares.
I would say not a very strong article as calling Bitshares a bucketshop is a cheapshot.

Definitely.  It isn't anywhere near technically accurate.  I had to refresh myself what exactly a "bucket shop" is on wikipedia and calling Bitshares X such is quite incorrect.  Bucket shops mean you bet against the house on derivatives, where the house can cover the bets made.  This has nothing to do with what Bitshares X is.
I speak for myself and only myself.

luckybit

Quote from: Empirical1 on July 30, 2014, 05:07:22 PM
http://bitcoinmagazine.com/15302/dac-sun-limited-launches-first-official-bitshares-x-chain-distributed-trading-commodities-stocks/

QuoteThis makes Bitshares, arguably, the first functional iteration of what's known as a Distributed Autonomous Corporation – essentially, a distributed, centreless system much like the Bitcoin network, but able to execute commands more complicated than 'buy' and 'sell,' and with a wider variety of resources. That could mean this counts as a victory for Bitshares over its main conceptual competitor, Ethereum, a DAC platform that is still in the proof of concept phase.   

Nice :)

Did you read the rest of it? It practically criminized Bitshares.
I would say not a very strong article as calling Bitshares a bucketshop is a cheapshot.
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Riverhead


xeroc


Empirical1

#1
http://bitcoinmagazine.com/15302/dac-sun-limited-launches-first-official-bitshares-x-chain-distributed-trading-commodities-stocks/

QuoteThis makes Bitshares, arguably, the first functional iteration of what's known as a Distributed Autonomous Corporation – essentially, a distributed, centreless system much like the Bitcoin network, but able to execute commands more complicated than 'buy' and 'sell,' and with a wider variety of resources. That could mean this counts as a victory for Bitshares over its main conceptual competitor, Ethereum, a DAC platform that is still in the proof of concept phase.   

Nice :)

Edit: Since been pointed out the article is bad. If I'd read more than 1 paragraph.