Author Topic: Proxy transactions?  (Read 1925 times)

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Offline luckybit

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in due time u will b trading many things on blockchains including stocks. your reputation will b more integral to your survival than your license (any scammer can simply purchase a license)(it takes hard work to build a rep).   

https://m.youtube.com/watch?v=qZ_gFgvHyxY

and which public chain do you think is going to do the most volume?

bitcoin? ethereum? thingchain? a less secure private chain?



At this time it is impossible to predict which chain will get the most volume. It might require that the technology is implemented by stealth and people don't even know they are usin ga blockchain in order for it to overcome the terrible Bitcoin marketing.

To anarchists it would seem like Bitcoin being associated with Silk Road, and now the ISIS terrorist, is good marketing. It's actually terrible marketing.

While it might seem that a lot of Americans at least give lip service to being against the War on Drugs, or supporting the decisions of Edward Snowden, the actual behaviors and shopping histories don't necessary reflect that. The same with privacy where a lot of American citizens may say they believe in strong privacy rights, but the behavior doesn't reflect this.

I would say it's not possible to predict how the blockchain will go mainstream or whether or not it will be Bitcoin. It's 50/50 whether or not it will be Bitcoin. I think politics are bad for marketing because a lot of people will never use a currency associated with something they don't believe in.  A lot of people will never use a technology associated with something or someone they don't like.

Political neutrality is better for marketing to the mainstream while for the hardcore activists political marketing works best. Bitcoin is being politically marketed which is why adoption isn't increasing very fast. The blockchain itself doesn't need a brand at all, and no one has to know about Satoshi Nakamoto, or politics, to simply use blockchain technology. In fact people would not have to know they are using it at all, it would just be the new way to trade stocks.
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Offline luckybit

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now anybody can be an "unlicensed stock broker" . . .  no... that would b bad marketing ... u might say that bob is a "reputed financial assistant"

BTS aren't stocks.

Also how do you know that registered stock brokers can't exist on Bitshares? If Bitshares ever has the ability to trade stocks at all then we might need exactly this functionality.
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Offline luckybit

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Dynamic Account Permissions should allow this to be done from what I understood.

https://bitshares.org/technology/dynamic-account-permissions/

"Under this system, it is possible to define an account that has no keys itself, but instead depends solely upon the approval of other accounts."

This could be a a game changing feature of Bitshares.
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Offline Akado

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Dynamic Account Permissions should allow this to be done from what I understood.

https://bitshares.org/technology/dynamic-account-permissions/

"Under this system, it is possible to define an account that has no keys itself, but instead depends solely upon the approval of other accounts."
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Offline luckybit

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Is it feasible if Alice through a smart contract of some sort makes Bob into her financial delegate, giving him a certain amount of tokens to trade on her behalf (because Bob has a good track record), and in a way where Bob cannot steal her money because Alice can take it back any time?

Is it possible to do it? I think it could be a useful feature because some people can't trade and will want to hire brokers.
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