I just let some stuff slip about Hero... dumped it here for ou to "mine"

[pc]

Erm... tl;dr?

If you watched that 90 min video, you wont lose much by not reading.

Oh. I did watch the video, and thought that I wouldn't have lost much by not doing so. :-/

[lakerta06]

Erm... tl;dr?

If you watched that 90 min video, you wont lose much by not reading.

[lakerta06]

two and a half years ago, on this very forum, people were talking about $1 = BTS; and it seemed impossible at that time. Now we see people talking about $10...

I don't know how to feel about it. My instinct says there must be something fishy about all this, on the otherside I believe in what BTS is capable of.

I am just confused about my feelings. Still hodling though.

[pc]

Erm... tl;dr?

[Stan]

Continued (4 of 3)




[10:48:19 PM] Stan Larimer:
> Josh
> @StanLarimer my mother is a big name in africa she has a lot of
Any one can play.  The top 12 will receive the most coverage but those positions are always up for grabs.

[10:48:37 PM] Josh:
awesome
 so all the invormation will come out in due time i guess?

[10:49:02 PM] Criss Blynz:
> Jonas
> Send me 10k
NO

[10:49:10 PM] Jonas:
Yes

[10:49:17 PM] Criss Blynz:
when do u thinks it gonna hit 1$ and 10$?

[10:49:28 PM] Jonas:
Next week
[10:49:41 PM] ali alex:
tonight

[10:49:49 PM] Josh:
> Criss Blynz
> when do u thinks it gonna hit 1$ and 10$?
1$ on july 5th and $10 by october 3rd
[10:49:57 PM] V S:
Jonas I'll send you some bts and free nudes of your mom as well. Send me ur PayPal address :blush:

[10:50:02 PM] Jonas:
> Josh
> 1$ on july 5th and $10 by october 3rd
Yup day before my birthday
> V S
> Jonas I'll send you some bts and free nudes of your mom as well.
Yes please

[10:50:17 PM] Josh:
> Jonas
> Yup day before my birthday
you have two birthdays a year too? sweet

[10:50:29 PM] Jonas:
> Josh
> you have two birthdays a year too? sweet
Yes

[10:50:32 PM] Stan Larimer:
> Jonas
> When it go to $10 we go all to a BTS concert
We will be sponsoring a series of concerts put on by legendary drummer Brian Williams.

[10:50:47 PM] Jonas:
> Stan Larimer
> We will be sponsoring a series of concerts put on by legendary d
KPOP only

[10:50:57 PM] Criss Blynz:
> Josh
> 1$ on july 5th and $10 by october 3rd
uh pretty nice im gonna be rich soon then

[10:51:16 PM] Josh:
> Stan Larimer
> We will be sponsoring a series of concerts put on by legendary d
starting in hawaii?

[10:51:33 PM] Stan Larimer:
> Charles Hoskinson
> @StanLarimer good to see you here
Nice set of interactions earlier today!
> Josh
> by any chance did you see my question?
Must have missed it?
> Josh
> starting in hawaii?
I think he said Japan...

[10:53:34 PM] Josh:
the question was about my mother and the competiton

[10:53:55 PM] Stan Larimer:
> Josh
> so all the invormation will come out in due time i guess?
"All in good time, my pretty, all in good time."
> Josh
> the question was about my mother and the competiton
Ah - yes, up above.

[10:54:27 PM] Josh:
> Stan Larimer
> "All in good time, my pretty, all in good time."
haha, i'm impatient
[10:54:49 PM] Matias Romeo (ElMato):
Wow! today was a great day! When I was leaving the office I saw a Chinese guy with the Bitshares light wallet open buying Open.icny with BTS.
 https://m.facebook.com/espaciobitcoin/?locale2=es_LA
 (where we work)

[10:55:37 PM] Josh:

 that is awesome
[10:55:49 PM] Matias Romeo (ElMato):
He barely speaks Spanish and he bought BTS to use it as remittance to China!!!

[10:56:07 PM] Josh:
> Stan Larimer
> Ah - yes, up above.
i just convinced my family that I am a nutcase
 
[10:57:17 PM] Matias Romeo (ElMato):
This is real people using the DEX to solve everyday problems!
 Im so happy

[10:58:00 PM] Stan Larimer:
One of the teams she'll be up against...
 [Photo]

[10:58:26 PM] Josh:

 my mom met george clooney once!
 how about that!

[10:59:56 PM] Stan Larimer:
I once crossed paths with father Abraham himself.  The trail was over 3000 years old though...
> Matias Romeo (ElMato)
> He barely speaks Spanish and he bought BTS to use it as remittan
Great story!

[11:01:13 PM] Ram Vish:
> Stan Larimer
> I once crossed paths with father Abraham himself. The trail was
Curious as to what your religious beliefs are? If I may know

[11:01:24 PM] Stan Larimer:
Christian.

[11:01:41 PM] Ram Vish:
> Stan Larimer
> Christian.
::

[Stan]

continued.. (3 of 3)

continued...


[9:20:35 PM] Josh:
> Stan Larimer
> Just scale back to where instead of a search engine or a social
im guessing a lot?

[9:20:35 PM] Stan Larimer:
Bitcoin and Ethereum are under a glass ceiling - they can't do it before we will do it.

[9:20:39 PM] Josh:
i have a hunch
[GIF]

 what would it be worth....

[9:21:04 PM] Stan Larimer:
Then consider what else will be built on that platform.

[9:21:16 PM] Josh:

 well i'm with Stan and Dan, boom or bust

[9:21:33 PM] Stan Larimer:
Then consider what happens when we upgrade it to EOS.

[9:21:44 PM] Josh:
just wish I had bought a milion bitshares when i had the chance

[9:21:47 PM] Stan Larimer:
Cue the Jeapordy Music
 I did.
 And did it publicly so you who believe would know in advance.

[9:22:28 PM] Ram Vish:
> Stan Larimer
> Just scale back to where instead of a search engine or a social
Top 5 position of most valuable companies in the world

[9:22:31 PM] Josh:
biggest regret of my life probably

[9:22:43 PM] Stan Larimer:
That's what I'm thinking
 Its not too late.  $1000 will be worth $1,000,000 when the prize is awarded.

[9:23:12 PM] Josh:
> Ram Vish
> Top 5 position of most valuable companies in the world
what? Bitshares, PeerPlays, EOS, Steemit —- whats the 5th?
 :laughing:
> Stan Larimer
> Its not too late. $1000 will be worth $1,000,000 when the prize
I went all in before the last pump (except what I have locked up in PeerPlays) and I am so glad I did
 cleared my 2-year profit goal
 which I admit was very conservative
 like, 100%
 @Stan, I think that I will have a million bitshares by the end of the bubble
 Because once my net worth gets up there I will leverage 5% to invest in ICO's

[9:26:12 PM] nomoreheroes7:
Sooo....does the hero challenge party really begin tomorrow, like the magazine article says?

[9:26:42 PM] Josh:
and if those go up 1000's of % I might eventually be able to accumulate my goal, of 1 million BTS

[9:26:56 PM] Stan Larimer:
The party runs from tomorrow till Independence Day.

[9:27:47 PM] nomoreheroes7:
....the contest ends on 4th of July? Billion dollars awared in the next 3 weeks??

[9:27:52 PM] Stan Larimer:
Tomorrow is when the physical magazine article gets handed out to an annual meeting of billionaires in Indianapolis.

[9:27:53 PM] nomoreheroes7:
:grin:

[9:27:56 PM] Josh:
are they playing this song?
 https://www.youtube.com/watch?v=gLTYlqXOtYM

[9:28:11 PM] Stan Larimer:
No, the prize money gets locked up on the Fourth of July.
 And promotional material comes out to kick it off.

[9:29:08 PM] Josh:
so goal is $1,000,000,000 in prizes? what is the top prize?

[9:30:42 PM] Stan Larimer:
[Photo]

[9:31:33 PM] Josh:
nice
 my god
 :laughing:

[9:32:46 PM] Stan Larimer:
He's my God too...

[9:33:14 PM] nomoreheroes7:
Yea, I guess that makes more sense than giving 1 billion to the winner and the rest get nothing, lol

[9:33:23 PM] Josh:
WHat is the magazine called again?

[9:33:29 PM] Stan Larimer:
https://www.youtube.com/watch?v=otCpCn0l4Wo
YouTube
MC Hammer - U Can't Touch This
Music video by MC Hammer performing U Can't Touch This.
[Video]

[9:33:32 PM] Josh:
I want to read the article, didnt get a chance to at work

[9:34:02 PM] Stan Larimer:
http://www.magcloud.com/browse/issue/1313226

MagCloud
AVANT GARDE Magazine June Issue 2017
AVANT GARDE Magazine June Issue 2017 | Cover and Feature Stan Larimer | Godfather of Steemit and BitShares | Will Bitcoin and Ethereum Survive the HER...

[9:34:22 PM] nomoreheroes7:
> Stan Larimer
> Tomorrow is when the physical magazine article gets handed out t
.....there's an annual meeting of billionaires? Hah I had no idea.

[9:34:44 PM] Stan Larimer:
I wasn't invited.

[9:35:03 PM] nomoreheroes7:
....yet? :stuck_out_tongue:

[9:36:06 PM] Stan Larimer:
> nomoreheroes7
> Yea, I guess that makes more sense than giving 1 billion to the
We want to keep everybody playing to the end and jockeying for position on the totem pole - just like a Golf Tournament.
 Strange - billionaires take you more seriously when you say you are giving away a billion dollars.
[9:37:19 PM] Russ:
Who are the teams and where does the billion dollars come from? Is that from the million donated bts I heard about?

[9:37:44 PM] Stan Larimer:
Watch the movie.
 For crying out loud, watch the freaking movie!
[9:38:18 PM] Russ:
I watched all 90 minutes! Guess I missed some of that

[9:38:45 PM] Stan Larimer:
People are whining about the tone or something while the biggest thing in BTS history is right under their nose.
 Must be an attention span thing.
 Us old farts know how to pay attention to back to back to back 50 minute lectures on rocket science.
 And this video is much more fun than rocket science.
[9:41:00 PM] V S:
Where's dan larimer

[9:41:34 PM] Stan Larimer:
Scaling us up to infinity.
[9:41:39 PM] Russ:
> V S
> Where's dan larimer
He moved on to steem and now EOS
[9:42:07 PM] V S:
I see
 So without him heading the BTS project, what hope do we have that the original vision will be fulfilled

[9:42:34 PM] Stan Larimer:
Which is another way of saying other investors are paying to scale BitShares for us.
 There is another...
 You need to think decentralized Pinky.
 We don't just decentralize single blockchains.
 We decentralize and then integrate all of them.
[9:43:51 PM] Russ:
> V S
> So without him heading the BTS project, what hope do we have tha
It was! This ship sails!
edited
[9:44:47 PM] Stan Larimer:
Guys, This Summer ain't even here yet.
[9:44:52 PM] V S:
Ok interesting
 Thanks for the responses guys
[9:45:21 PM] Boy Punas:
> Stan Larimer
> Its not too late. $1000 will be worth $1,000,000 when the prize
buy where is that 999,000$ going to come from?

[9:45:55 PM] Stan Larimer:
The same place that the 100x came from since March.
 Adoption.
 Watch the movie.

[9:46:31 PM] Ram Vish:
Marketed well, Hero will suck the enzymes out of USDT am I right on this Stan?

[9:46:57 PM] Stan Larimer:
Not enough enzymes there to be worth sucking...
 

[9:47:00 PM] not_un:
> Stan Larimer
> Watch the movie.
I'm having trouble finding what you're referring to

[9:47:02 PM] Ram Vish:
Lol

[9:47:20 PM] Stan Larimer:
https://vimeo.com/220235370
Vimeo
Heronomex Launch Announcement - CRS 2017 Day 2 [VGA 480p]
This is "Heronomex Launch Announcement - CRS 2017 Day 2 [VGA 480p]" by Dylan Howard on Vimeo, the home for high quality videos and the people who love them.
[Video]

[9:47:51 PM] not_un:
> Stan Larimer
>  https://vimeo.com/220235370
thank you

[9:49:02 PM] Jonas:
> Josh
>  https://www.youtube.com/watch?v=gLTYlqXOtYM
WOW didn't know it actually was true
[9:49:56 PM] Julien Heller:
Can somebody talk about the strategy involved with getting these OBITS warrants?

[9:50:20 PM] Ram Vish:
@StanLarimer You are building THE premier cryptocurrency that others will work in reference to as opposed to the current fiat..
[9:50:21 PM] Julien Heller:
I'm not fully understanding the whole thing
[9:51:18 PM] wolfinger bustamante:
> Josh
> You do the job
Exactly. You get the "corporate" look when there is centralization. With BTS and the DEX being decentralized, well...you do the job.

[9:54:09 PM] Stan Larimer:
BitShares has historically been the best technology.  We didn't have money or marketing or whale support.  But "history is gonna change"
 You would not believe the big names who want to participate.
 We decided to stop marketing to our competitors at bitcointalk and take it to the General Public.
 This Summer.

[9:55:43 PM] Ram Vish:
@StanLarimer pm'd you..when you have time would you mind taking a look at it?
[9:56:23 PM] Ohm:
BTS COLLAPSE

[9:56:58 PM] Stan Larimer:
Whew! Just in time!
 Had to get that behind us before we could start issuing Heros.
[10:00:40 PM] Ohm:
BTS BOOOOOM
[10:01:54 PM] Julien Heller:
I feel like a drop is coming, maybe down to $0.20
 then we won't ever see those prices again

[10:02:45 PM] Stan Larimer:
Come to me baby!
[10:03:08 PM] Julien Heller:
Stan I really hope you can pull this off

[10:03:19 PM] Stan Larimer:
Yeah.  Me too.
 But its never been me.

[10:03:33 PM] Ram Vish:
> Stan Larimer
> Yeah. Me too.
May the Force be with you

[10:03:34 PM] Stan Larimer:
Divine intervention.
[10:03:49 PM] Julien Heller:
Just make sure that if this crashes and burns that it doesn't drag BTS down with it

[10:04:04 PM] Ram Vish:
> Stan Larimer
> Divine intervention.
I like that.

[10:04:23 PM] Stan Larimer:
Nothing ventured, nothing gained...
 All we can do is nothing worth
Unless God blesses the deed.
Vainly we hope for the harvest tide
Till God gives life to the seed.

[10:06:53 PM] Ram Vish:
> Stan Larimer
> All we can do is nothing worth Unless God blesses the deed. Vain
Super
[10:11:42 PM] Boy Punas:
God should start feeding the people dying of hunger first

[10:12:38 PM] Josh:
Stan can i talk to you in dm's for a moment?

[10:13:42 PM] Andrew Cashion:
> Josh
> Iota is worth more than bitshares and it does not even exist yet
Yup this is what I can't believe is happening, it can't last.

[10:15:46 PM] Josh:
@StanLarimer my mother is a big name in africa she has a lot of contacts and famous friends. she works in animal conservation... is there a way she could get involved in the competition

[10:15:57 PM] Johann Rangel:
I would like to be able to understand what they are talking about, I use google translator and the translations are very bad, I do not know if they are talking about BTS why I see Korean videos dancing wtf
[10:18:26 PM] Russ:
> Johann Rangel
> I would like to be able to understand what they are talking abou
There is a band with the same name "bts" so someone was making a joke.

[10:19:20 PM] Johann Rangel:
ok thanks
 hold or sell bts
[10:22:23 PM] ali alex:
hold
 10$

[10:23:38 PM] Jonas:
> Johann Rangel
> hold or sell bts
Of course hold
[10:23:46 PM] Russ:
> Johann Rangel
> hold or sell bts
I personally plan to hold and see what happens.

[10:24:50 PM] Jonas:
> Johann Rangel
> hold or sell bts
Just see now it went up 2 cents.
What's worse. Losing a little bit or losing out  on a lot

[10:24:57 PM] Josh:
sell to me
> Jonas
> Just see now it went up 2 cents. What's worse. Losing a little b
sweet, take profit
 

[10:26:03 PM] Jonas:
Now even 1 cent more
 Bitshares sounds like bitch ass
Marcel Uribe joined the group

[10:27:02 PM] Josh:
> Jonas
> Now even 1 cent more
fuck i took profit

[10:27:11 PM] Johann Rangel:
I sell yo in 1 usd x bts

[10:27:19 PM] Jonas:
> Josh
> fuck i took profit
You sold already?

[10:28:43 PM] Josh:
lol im joking

[10:29:52 PM] Jonas:
> Josh
> lol im joking
Wow good. Fam

[10:30:11 PM] Ram Vish:
Once bitshares is on EOS, Bitcoin will be left behind

[10:30:19 PM] Jonas:
When it go to $10 we go all to a BTS concert
[10:30:56 PM] Julien Heller:
Ram, Bitshares will become an EOS chain
 we will upgrade our blockchain to have EOS features / infrastructure

[10:31:35 PM] Ram Vish:
> Julien Heller
> Ram, Bitshares will become an EOS chain
Wow I never knew that
[10:31:35 PM] Julien Heller:
and developers can make DACs utilizing bitassets

[10:31:44 PM] Josh:
> Jonas
> When it go to $10 we go all to a BTS concert
[Photo]
trying to get out like damn
[10:31:48 PM] Julien Heller:
I mean, I'm speculating. But I think this is our best path

[10:31:49 PM] Johann Rangel:
lol
 I understood that

[10:33:11 PM] Ram Vish:
> Julien Heller
> I mean, I'm speculating. But I think this is our best path
That would be wonderful

[10:33:19 PM] Josh:
seriously, invest in lambourgini
 and helicopters

[10:33:36 PM] Ram Vish:
100,000tx/s

[10:33:39 PM] Josh:
big business after the crypto boom
 yacht builders
 [Photo]
tryna get the same berth like damn...

[10:35:41 PM] Criss Blynz:
if it hits 10$ i will get 1.5million dolars lol
[10:38:11 PM] ali alex:
> Julien Heller
> I mean, I'm speculating. But I think this is our best path
really?

[10:40:55 PM] Charles Hoskinson:
@StanLarimer good to see you here

[10:43:56 PM] Jonas:
> Criss Blynz
> if it hits 10$ i will get 1.5million dolars lol
150k bts
 I should get more

[10:45:06 PM] Josh:
you leveragad?

[10:46:15 PM] Stan Larimer:
> Boy Punas
> God should start feeding the people dying of hunger first
He gave us that job.

[10:46:36 PM] Josh:
> Stan Larimer
> He gave us that job.
by any chance did you see my question?

[10:47:49 PM] Criss Blynz:
> Jonas
> 150k bts
147k haha

[10:48:02 PM] Jonas:
> Criss Blynz
> 147k haha
Send me 10k

[10:48:06 PM] Ram Vish:
> Stan Larimer
> He gave us that job.
::

[Stan]

continued...


[7:31:59 PM] Josh:
That's a meme
[7:32:16 PM] K W:
which is completely against the concept of bitcoin and all digital currency in the first place
 thats just crazy
[7:32:45 PM] Bart:
> Josh
> We should be doing workers for marketing
sorry but dont yet have the terms right, what is a 'worker'? just like a freelancer for the ecosystem? and what I mean with corporate is big office in Zug, advertising campaigns, professional communications, business development, a proper partnership program, marketmakers on the exchange and so on
> Josh
> When there is a freight train right here
they are pretty agile still

[7:33:17 PM] Josh:
> Bart
> sorry but dont yet have the terms right, what is a 'worker'? jus
You make a worker proposal and the shareholders vote
 If approved it gets funded
 You do the job
 80+ million dollars in reserve rn

[7:33:43 PM] Jonas:

> Dolores del Ano
>  GIF
Hello
[7:33:43 PM] Bart:
> Josh
> If approved it gets funded
I see. Seems like a big hurdle to campaign for stuff liek that

[7:34:04 PM] Josh:
> Bart
> I see. Seems like a big hurdle to campaign for stuff liek that
Well
[7:34:11 PM] Bart:
> Josh
> 80+ million dollars in reserve rn
altho I can think of someone very handsome that can do a great advertising campaign for lets say 10 mil

[7:34:20 PM] Josh:
If you were trying to get a few million for a cable news add campaign
 You would have to convince a few people at the very least lol
[7:34:51 PM] Bart:
> Josh
> If you were trying to get a few million for a cable news add cam
ah there are better places but yeah then it could be worth it

[7:34:57 PM] Josh:
> Bart
> altho I can think of someone very handsome that can do a great a
Put in a worker.
[7:35:03 PM] Bart:
> Josh
> You would have to convince a few people at the very least lol
hehe you'd be surprised how much business I get just cause I know a guy

[7:35:23 PM] Josh:
> Bart
> ah there are better places but yeah then it could be worth it
Hero is an asset for fixed income folk. For funds and pensions
 It has a rock steady value and is gaurenteed to appreciate
[7:35:52 PM] Bart:
> Josh
> Hero is an asset for fixed income folk. For funds and pensions
well I was talking about bitshares but ok get your point

[7:35:59 PM] Josh:
Fox news + Bloomberg are the perfect places to advertise this
> Bart
> well I was talking about bitshares but ok get your point
HERO is an asset on bitshares
 Hero is a bitshares smartasset
[7:36:36 PM] Bart:
> Josh
> Fox news + Bloomberg are the perfect places to advertise this
ah you'd have to educate the market... never a good idea
> Josh
> Hero is a bitshares smartasset
I knwo but I meant the DAX to be specific... hehe all these brands!

[7:37:23 PM] Josh:
> Bart
> I knwo but I meant the DAX to be specific... hehe all these bran
The sex has low liquidity
[7:37:36 PM] Bart:
> Josh
> The sex has low liquidity
yours maybe

[7:37:54 PM] Josh:
If you have a line of people ready to buy hero then the "community" will short them into existence
> Bart
> yours maybe
Lol
[7:38:34 PM] Bart:
but yeah it has low liquidity, made this point earlier, they need to work on market making mechanisms or at least be more active in getting them on board

[7:38:37 PM] Tom:
everybody can buy HERO with his smartphone. That's the part i am most exited about... no idea how that works
edited
[7:38:38 PM] Josh:
That's why Stan Larimar Is on a campaign right now to promote the Hero to wealthy Hollywood types

[7:38:41 PM] Mateusz Kowalewski:
> K W
> PRC mouthpiece?? explicit govt approval?? saving face??
Sounds the same to what I think now for a while. So others are acctually suspecting the the exact same thing. The chines goverment is very deep concerned in bitcoin. Everything else makes no sens. The only qustion remining is, how deep other states (like the us) are in that bussines.

[7:39:03 PM] Tom:
HERO Whales are already ready....

[7:39:42 PM] Josh:
> Bart
> but yeah it has low liquidity, made this point earlier, they nee
You have to have some sort of agreggate demand before you can have liquidity. Nobody knows the Hero exists or is even possible rn. That's what an advertising campaign would fix
[7:39:44 PM] K W:
> Mateusz Kowalewski
> Sounds the same to what I think now for a while. So others are a
so probably the whole country dumped btc at the same time
 thats why it dove deeply

[7:39:57 PM] Jonas:
> Josh
> The sex has low liquidity
Eat pineapple
[7:40:03 PM] Bart:
> Mateusz Kowalewski
> Sounds the same to what I think now for a while. So others are a
Lets not get too crazy but it's not inconcievable that they are trying to achieve a stated goal which is to have a world currency. Commerce without borders and so on.

[7:40:08 PM] Josh:
> Jonas
> Eat pineapple
XD
[7:40:23 PM] Bart:
> Josh
> You have to have some sort of agreggate demand before you can ha
ok sorry but I wasnt talking about hero again
[7:40:31 PM] Scott:
> Tom
> HERO Whales are already ready....
Tom how does Hero effect bts?

[7:40:39 PM] Tom:
LOL

[7:40:44 PM] Josh:
> Scott
> Tom how does Hero effect bts?
Fees
[7:40:55 PM] Bart:
> Jonas
> Eat pineapple
[Photo]

[7:40:57 PM] Tom:
every HERO bought has 200% BTS locked up in collaterals

[7:41:20 PM] Josh:
If people want hero it will drive up the price of bts
[7:41:25 PM] Bart:
Ok this is starting to feel like the polo trollbox

[7:41:30 PM] Tom:
soooo... price will go crazy
edited
[7:41:36 PM] Josh:
The dex earns fees on the creation, trade and settlement of the hero
 Dam

[7:41:49 PM] Tom:
haha

[7:42:25 PM] Mateusz Kowalewski:
> K W
> thats why it dove deeply
No, I don't think so. It's only unsall market manipulation to get more of this stuff cheaply. Bitcoin is an important technologi, and the country holding the most will have a good future. The chines goverment carres a lot about the future of chine. They think strategaly in long terms...

[7:42:33 PM] Josh:
Hero is like a profitable financial product the bitshares, as a company, can sell
 If we are successful, the sale of heros will do wonders for the shares of the company
[7:43:21 PM] Bart:
> Josh
> Hero is like a profitable financial product the bitshares, as a
plus it doesnt hurt that the USD is the global reserve currency right now and it would be mighty convenient if it wasnt anymore
 for china

[7:43:47 PM] Josh:
You can keep a million dollars in HERO and withdraw 50k every year gaurenteed
[7:43:51 PM] Bart:
sorry that was in reply to the other message
 ok enough about this Hero

[7:44:15 PM] Josh:
Lol

[7:44:47 PM] Tom:
But it's such a great plan!
[7:45:02 PM] Bart:
yeah I have some snake oil to sell you

[7:45:26 PM] Tom:
Bart have read the article?

[7:45:31 PM] Josh:
Investing in the hero is investing in the future of bitshares, trading volatility for gaurenteed returns.
[7:45:47 PM] Bart:
> Tom
> Bart have read the article?
yes it reads like an advertorial that is light on details

[7:46:04 PM] Tom:
but don't you understand the underlying mechanisme
 it's ingenious...
[7:46:10 PM] Bart:
> Tom
> but don't you understand the underlying mechanisme
I do.

[7:46:14 PM] Josh:
> Bart
> yes it reads like an advertorial that is light on details
Do you understand how to short the dollar using the DEX?

[7:46:22 PM] Mateusz Kowalewski:
> Bart
> yeah I have some snake oil to sell you
Oh, I like some snakeoil. If I can buy cheap and sell for much more afterwards I want a lot of that snakeoil! :wink:

[7:46:25 PM] Tom:
and Stan has the connections to pull it through
[7:46:49 PM] Bart:
> Josh
> Do you understand how to short the dollar using the DEX?
I havent traded much on the dex, but I understand shorting and fixed income etc

[7:47:00 PM] Tom:
haha
 ok
edited
[7:47:29 PM] Josh:
> Bart
> I havent traded much on the dex, but I understand shorting and f
Use the Dex to create 1$ and short it

[7:47:36 PM] Tom:
so come back in a month and then we will talk about the HERO idea again... it's difficult for outsiders to grasp the mechanisme
[7:47:41 PM] Bart:
> Josh
> Use the Dex to create 1$ and short it
yes its just a naked short no

[7:47:43 PM] Josh:
It's a 0 interest loan

[7:47:55 PM] Tom:
oh my god BARt!
 haha

[7:48:06 PM] Josh:
A naked short?
 I lost like $20 figuring out how the system works xD
[7:48:55 PM] Bart:
> Josh
> A naked short?
Naked short selling, or naked shorting, is the practice of short-selling a tradable asset of any kind without first borrowing the security or ensuring that the security can be borrowed, as is conventionally done in a short sale.

[7:49:13 PM] Josh:
Then it's not a naked short
[7:49:15 PM] Bart:
since it is 'created' thats what it comes down to

[7:49:29 PM] Josh:
Because you fully collateralize the debt at least 1.75x
[7:49:34 PM] Bart:
its an artificial construct that comes down to the same thing imo
 you always have to have collateral

[7:50:24 PM] Josh:
No not in the same way
 See regular margin you collateralize against losses
 On bitshares you collateralize against the entire debt
[7:51:02 PM] Bart:
it just means you have lower leverage

[7:51:36 PM] Josh:
Well, it's a different sort of leverage, but yes it's lower. And it's also much less risky
[7:52:04 PM] Bart:
> Josh
> Well, it's a different sort of leverage, but yes it's lower. And
you can do that on any normal trading platform.

[7:52:14 PM] Josh:
> Bart
> you can do that on any normal trading platform.
No
 Bitshares is the only platform you can do this
[7:52:34 PM] Bart:
hehe yes. just adjust your position size to ensure you have a less leveraged position compared to your margin

[7:52:48 PM] Josh:
Can you borrow BTC on Poloniex, withdraw it and use it to buy a car?
 Because you can on bitshares
[7:53:04 PM] Bart:
but who said anything about that

[7:53:23 PM] Josh:
I'm trying to illustrate that it's not the same
 Can you borrow BTC on any platform, anonamously, withdraw it and use it to buy a car?
[7:54:01 PM] Bart:
look you dont have to convince me, I think bitshares is awesome. It has some shortcomings though and some of the things you just told me have been done by fiat fx brokers for ages

[7:54:22 PM] Josh:
> Bart
> look you dont have to convince me, I think bitshares is awesome.
I'm not trying to convince you?
[7:54:24 PM] Bart:
> Josh
> Can you borrow BTC on any platform, anonamously, withdraw it and
but this is not the whole story, you have to give collateral

[7:54:30 PM] Josh:
I just don't think you understand
> Bart
> but this is not the whole story, you have to give collateral
Of course
[7:54:45 PM] Bart:
> Josh
> I'm not trying to convince you?
I meant you are preaching to the choir

[7:54:58 PM] Josh:
So how is the hero snake oil?
 It's an private asset backed on average 5x more than it's worrh
[7:55:20 PM] Bart:
I dont know that it is, I just didnt like the chearleading

[7:55:30 PM] Josh:
And spits out 5% apr
[7:55:50 PM] Bart:
also 5% will compound really quickly to unmanageable size
edited
[7:56:23 PM] Josh:
> Bart
> also 5% will compound really quickly to unmanageable size
It only works if bitshares as a company profits and grows
[7:56:34 PM] Bart:
yeah so not that risk free after all...

[7:56:58 PM] Josh:
It's not risk free, it's gaurenteed
 You will get your money
 Worst case scenario, bitshares totally implodes and everyone looses
[7:57:46 PM] Bart:
> Josh
> Worst case scenario, bitshares totally implodes and everyone loo
and you dont get your moeny
 money

[7:57:55 PM] Josh:
But when debt is settled the only people that loose are the shorters
 Nothing is risk free
 The us government could implode and the dollar could hyper inflate
 Everything is based on trust
[7:58:28 PM] Bart:
> Josh
> Nothing is risk free
hmm you described it as fixed income for retired folks. I guess if I were a compliance officer I wouldnt be too happy

[7:59:37 PM] Josh:
> Bart
> hmm you described it as fixed income for retired folks. I guess
So they can issue a cease and desist to bitshares?
[7:59:53 PM] Bart:
> Josh
> So they can issue a cease and desist to bitshares?
no that wasnt the point I was making

[7:59:55 PM] Josh:
If you are on fixed income it's one of the best deals you could get
 If you are living off returns
[8:00:35 PM] Bart:
> Josh
> If you are on fixed income it's one of the best deals you could
Fixed income is typically another word for Bonds, which are considered the safest asset class (which is obv not true but lets save that for another time)
 at best this can be equated to junk bonds
 nothing wrong with that
 just not something you shoulkd advbise grandpa to get into
 neither is it a good marketing audience, its too complicated to understand

[8:02:24 PM] Josh:
Think about it like this,  what is the total supply of all issued smart coins? Because if the shorters loose there is an +80 million dollar reserve that will take that short position
 4 mil CNY and 1mil USD rn?
[8:02:52 PM] Bart:
> Josh
> Think about it like this, what is the total supply of all issue
Dollars or BTS at todays exchange rate? what if crypto crashes

[8:03:32 PM] Josh:
> Bart
> Dollars or BTS at todays exchange rate? what if crypto crashes
Well what if the stock exchange implodes like on 2008?

[8:03:57 PM] Jonas:
> Bart
> Dollars or BTS at todays exchange rate? what if crypto crashes
It can't crash it's the future
[8:04:20 PM] Bart:
> Josh
> Well what if the stock exchange implodes like on 2008?
yeah ok lets not have this debate. It's a nice product but I dont think its as suitable for mainstream as you think
> Jonas
> It can't crash it's the future
lol ok

[8:11:02 PM] Tom:
> Bart
> yeah ok lets not have this debate. It's a nice product but I don
Bart. Bitshares and Hero are complex concepts... please do your research properly... with the many steem articles... you don't have the necessary understandings yet to opininate correctly...
[8:11:22 PM] Bart:
> Tom
> Bart. Bitshares and Hero are complex concepts... please do your
which part of what I said was incorrect
James Fucker joined the group

[8:11:57 PM] Tom:
you don't get it... I only say that much. Still some study work to do for you.
[8:12:20 PM] Bart:
haha just cause Im not chearleading. Enjoy talking your book!

[8:13:55 PM] Tom:
enjoy reading up the necessary articles...
[8:43:39 PM] Russ:
So what would play out if a bunch of hero gets shorted into existence then bts value craters? I guess the original shorter would lose their collateral? How would the hero keep gaining interest after that?
 Not trolling, genuinely curious
 Wouldn't the specific hero who's collateral got settled be kinda an orphan coin at that point not backed by anything?

[8:57:22 PM] Stan Larimer:
The question you should ask is - what would a company be worth that runs a counterparty risk free currency that appreciates by 5% and is used by everybody in the world as an alternative to government fiat.  What would that network effect alone be worth?
 We are going to create that company and its shares are going to back the currency as hard collateral.  Just like shares of Microsoft, Tesla and Google but with no counterparty risk.
 When you look at the end game, you can't say that its a Junk bond because its backed by a Fortune Ten company's shares.
 First prize is $300,000,000, 2nd is 150M, 12th is $10M.
 When this contest gets rolling "your gonna see some serious shit" as Doc Brown once said.
[9:00:46 PM] Russ:
Haha

[9:01:48 PM] Stan Larimer:
Will it be all the Indigenous Tribes of the world that win or the AARP with its 38M members?

[9:02:21 PM] Josh:
I want to see lambos in the Serengeti

[9:02:27 PM] Stan Larimer:
Which of the 12 Good Causes are the governments going to tell can't cash in their prize money?

[9:02:42 PM] Josh:


[9:03:40 PM] Josh via @gif:
[GIF]


[9:04:50 PM] Stan Larimer:
When you have half the world competing in The Amazing Heros reality TV series, to see who can back the most Heros, there will not be much likelihood of a collapse in buying pressure.

[9:04:54 PM] Josh:
traffic in 2025
 [Photo]

[9:06:11 PM] Stan Larimer:
Once we have a billion Heros out there changing hands BitShares will be profitable enough to continue taking shares out of circulation indefinitely - even after the contest ends.

[9:06:13 PM] Josh:
> Stan Larimer
> When you have half the world competing in The Amazing Heros real
have you given any thought as to what the HERO money machine can do for charities?

[9:06:23 PM] Stan Larimer:
Did I mention there will be a sequel?

[9:06:24 PM] Josh:
I have some Ideas
[9:06:39 PM] Bart:
Clearly there is counterparty risk as Hero is collaterized with BTS? Used by everybody in the world? Alternative to government Fiat? Backed by a fortune 10 company??

[9:07:01 PM] Stan Larimer:
Well, each of the 12 leading teams will have picked its own charity/cause to support.
[9:07:09 PM] Bart:
Some very very optimistic statements here.

[9:07:14 PM] Spike Spiegel:
bts isn't a party really

[9:07:37 PM] Stan Larimer:
Yes.  Watch the movie.  Read the article.  It's all laid out for you.

[9:07:40 PM] Spike Spiegel:
tbh I'm also curious what happens on forced liquidation if borrower no longer has the coins


[9:07:53 PM] Stan Larimer:
And attracting some BIG whales interest.
John Edgar Congote Calle joined the group
[9:08:47 PM] Bart:
Yeah I'm sorry but all this "no risk, everyone is interested! It's gonna replace world Fiat! " Talk should make anyone very suspicious

[9:09:30 PM] Stan Larimer:
Well you can always take the blue pill, wake up in your bed, and believe whatever you want.

[9:09:36 PM] Spike Spiegel:
there's definitely risk with everything imo

[9:09:40 PM] Stan Larimer:
He who has ears, let him hear.
 As Satoshi once said to Dan:  "If you don't understand or won't believe, I don't have time to convince you...sorry."
 And I didn't say "no risk", I said "no counterparty risk"

[9:11:29 PM] Spike Spiegel:
> Russ
> So what would play out if a bunch of hero gets shorted into exis
Looks like collateral is returned to borrowers (or maybe owners of tokens) https://steemit.com/bitshares/@btswolf/bitshares-short-selling-bitusd

Steemit
BitShares short selling BitUSD — Steemit
Hi guys, here is my 4th diagram, BitShares - short selling BitUSD. "BitShares Assets basic overview"… by btswolf

[9:11:58 PM] Josh:
if you breath you are at risk of dying
[9:11:59 PM] Russ:
> Spike Spiegel
>  Looks like collateral is returned to borrowers (or maybe owners
Thanks, just trying to get a feel for the economics.

[9:12:12 PM] Stan Larimer:
The hero will be backed by shares in a uniquely positioned global company backed by the industry and charity of humanity - not debt or rehypothicated gold.
[9:12:16 PM] Bart:
> Stan Larimer
> As Satoshi once said to Dan: "If you don't understand or won't
Reminds me of this (don't know you so don't take it personally): Senator, I served with Jack Kennedy. I knew Jack Kennedy. Jack Kennedy was a friend of mine. Senator, you're no Jack Kennedy.

[9:12:53 PM] Stan Larimer:
Heh... great line...cheap shot.
 Anyhow, I'm calling "eight ball in the corner pocket".  Place your bets.
[9:14:34 PM] Bart:
> Stan Larimer
> Heh... great line...cheap shot.
Sorry ) best of luck, will keep an eye on hero

[9:17:09 PM] Ram Vish:
> Stan Larimer
> The question you should ask is - what would a company be worth t
In a free world worth as reserve currency. Hard to quantify. In a world where power stems from the barrel of a gun (as Mao said), hard to say.

[9:20:05 PM] Stan Larimer:
Just scale back to where instead of a search engine or a social network or an operating system you are operating the largest real time industrial grade light speed financial system in the world - what would such a company be worth?

[Stan]

Hey guys, I got drawn into a conversation on telegram and wound up revealing some stuff informally.
https://web.telegram.org/#/im?p=@BitSharesDEX
To be fair, I'm dumping the thread here for your reference.

Ugly, I know, but the best I can do.
I'll be publishing this on Steemit in the coming days if you want to wait to be spoon fed.





Tom:
today start of HERO competition?
 and with that... everybody with a smartphone can apparently buy HEROS
 :blush:
 Mass Adaption
 and poloniex traders still wanna SELL LMAO

[6:26:21 PM] BTSWolf:
> Tom
> and with that... everybody with a smartphone can apparently buy
probably not with an iPhone

[6:27:03 PM] Tom:
ah I don't care... Android is fine... everybody has a friend with an android phone nearby
 imagine! LOL these Leaders engageing their folks in buying HEROs (with 5%)  so that they can win the 1 Billion dollar price
 it's a masterplan

[6:28:27 PM] Jonas:
> C Thompson
> Hey guys, the only gay in the room here lol
Why are you not in gaycoin group instead friend

[6:28:37 PM] Tom:
reading the article

[6:29:04 PM] C Thompson:
> Jonas
> Why are you not in gaycoin group instead friend
Not sure lol

[6:29:09 PM] Tom:
really convinced me that this acutally is possible...! 100% growth in a year
 or more

[6:29:25 PM] Jonas:
For bts? Or hero
 28 cents now

[6:29:44 PM] Tom:
for BTS obviously

[6:29:53 PM] Jonas:
Yes I agree

[6:29:57 PM] Tom:
HERO stays put at + 5% per year

[6:30:05 PM] Jonas:
Of course more than 100
 100 is still below 1 dollar

[6:31:30 PM] Dima Ivanov:
> Tom
> really convinced me that this acutally is possible...! 100% grow
1000% in a couple weeks

[6:31:37 PM] Tom:
still misinformed Poloniex Shorters... the don't even know what's going to happen with BTS soon. The Hero competition will make HERO mainstream and BTS to the stella system
 stellar

[6:32:11 PM] Jonas:
> Dima Ivanov
> 1000% in a couple weeks
Ok maybe a bit exaggerated
 100-200 % ok

[6:32:46 PM] Tom:
lol, you guys sound like newbies..
 talking

[6:32:54 PM] Jonas:
Looks like many coins have a hard day
 I am a newbie Tom.

[6:33:13 PM] Tom:
have you guys read Stan's article?

[6:33:19 PM] Dima Ivanov:
> Jonas
> Ok maybe a bit exaggerated
in two weeks it went from .25 CNY to 2.22 CNY... 1000% is was yesterday when it was at 2.5CNY

[6:33:30 PM] Tom:
could someone pin stans article on top please
 never read such an interesting piece in years...

[6:35:13 PM] Jonas:
> Dima Ivanov
> in two weeks it went from .25 CNY to 2.22 CNY... 1000% is was ye
Yes that is 100%. Not 1000

[6:35:32 PM] Dima Ivanov:
> Jonas
> Yes that is 100%. Not 1000
100% would be from .25 to .5, no?

[6:35:36 PM] Tom:
who could pin the article?
 http://www.magcloud.com/browse/issue/1313226

MagCloud
AVANT GARDE Magazine June Issue 2017
AVANT GARDE Magazine June Issue 2017 | Cover and Feature Stan Larimer | Godfather of Steemit and BitShares | Will Bitcoin and Ethereum Survive the HER...
 guys read that please... awesome piece on information

[6:38:18 PM] Jonas:
> Dima Ivanov
> 100% would be from .25 to .5, no?
I don't know

[6:38:45 PM] Dima Ivanov:
> Jonas
> I don't know
100% gain is if the price doubles. 1000% is if it increases 10-fold
[6:41:30 PM] Fab:
http://www.dereferer.org/?https://www.youtube.com/watch?v=SMEOKDVXlUo
Trevor Utz joined the group
[6:42:28 PM] Fab:
Blockchain vs. Bullshit: Thoughts on the Future of Money":

[6:45:18 PM] Jonas:
> Dima Ivanov
> 100% gain is if the price doubles. 1000% is if it increases 10-f
Ok let's get 500% up asap

[6:47:56 PM] Josh via @gif:
[GIF]

[6:48:32 PM] Aaron Parker:
Heaps. It's a good word :kissing_heart:

[6:50:09 PM] Jonas:
50 cent or I will fart.
[6:59:56 PM] Prince Radebe:
> Tom
> guys read that please... awesome piece on information
::

[7:01:13 PM] Tom:
it's brilliant
 !!
Dolores del Ano joined the group

[7:12:59 PM] Dolores del Ano:
[GIF]

[7:17:21 PM] K W:
what is all this ruckus about soft fork and hard fork on bitcoin...
 seems like a lot of politics with some guy in china?
[7:17:47 PM] Bart:
> K W
> what is all this ruckus about soft fork and hard fork on bitcoin
some people want bitcoin to be a setllement layer, others a payment tool
 people lign up according to their interests
 I run a bitcoin unlimited node, so on the side of a payment network
[7:18:16 PM] K W:
a settlement layer? whats that mean? like Ripple?
[7:18:29 PM] Bart:
like a ledger, not a currency for 'realtime' payment

[7:19:08 PM] Josh:
Iota is worth more than bitshares and it does not even exist yet
> Bart
> I run a bitcoin unlimited node, so on the side of a payment netw
#bitcoinunchained!
[7:19:38 PM] K W:
so there will be two different bitcoins?
[7:19:44 PM] Bart:
> Josh
> Iota is worth more than bitshares and it does not even exist yet
was that a response to another message?

[7:19:49 PM] Josh:
Three!
[7:19:55 PM] Bart:
> K W
> so there will be two different bitcoins?
probably not
[7:20:00 PM] K W:
is that why bitcoin took a dump?

[7:20:03 PM] Josh:
I just found out about Bitcoin unchained
[7:20:05 PM] Bart:
> Bart
> probably not
just the one shitty one actual people cannot use
[7:20:21 PM] K W:
well im reading on reddit looks like a lot of people are against this Bitmain and Jihan person

[7:20:25 PM] Josh:
It's Bitcoin, bit a regulatory authority has a key they can use to change stuff
 
 Great idea!
[7:20:43 PM] K W:
how could one chinese person cause this much ruckus?
[7:20:57 PM] Bart:
> K W
> well im reading on reddit looks like a lot of people are against
lol ok dude let me save you some time
 /btc is for BU supporters
[7:21:05 PM] K W:
yeah really please, thank you
[7:21:09 PM] Bart:
/bitcoin is for bitcoin core
[7:21:26 PM] K W:
/btc
[7:21:31 PM] Bart:
you wont read negative stuff about their preference on either
[7:21:36 PM] K W:
oops
 ok
[7:21:42 PM] Bart:
> K W
> how could one chinese person cause this much ruckus?
its about miners really
 sorry that should be, it's about the transaction fees really

[7:22:06 PM] Josh:
Aren't the Chinese making a killing rn?
[7:22:08 PM] Bart:
miners don't want to kill their golden goose
[7:22:10 PM] K W:
bitcoin core is the "standard" bitcoin?

[7:22:15 PM] Josh:
Free electricity
[7:22:23 PM] Bart:
well the Dev team that have official commit rights

[7:22:25 PM] Josh:
That's what I heard
[7:22:39 PM] Bart:
but also taken over by corp interests... its a fucked up political situation actually
[7:22:40 PM] K W:
> Josh
> Free electricity
nothing is free in life
 so what the heck is gonna happen on august 1? sounds like something earth shattering by the chatter on reddit
 people have to choose between this uasf and uahf?
[7:23:23 PM] Bart:
well some of them made a deal
 to increase block size a bit
 some people are really against
 same fight
 doesnt seem like august thing is happening

[7:24:09 PM] Josh:
> K W
> nothing is free in life
No the Chinese government builflt hydro electric dams and then Jan a massive surplus of electricity
[7:24:21 PM] K W:
Bitmain says "Representatives of Bitcoin Core declined the invite to attend this meeting." Core was invited then *dis*invited from the meeting. What's the next lie? (self.Bitcoin)

[7:24:26 PM] Josh:
Offered it to industry and the miners moved in
[7:24:28 PM] K W:
PSA: Jihan & Co are the exact corrupt middlemen that Bitcoin is created to cut off. (self.Bitcoin)
 lol

[7:24:32 PM] Josh:
No electricity overhead
[7:24:38 PM] K W:
just pasting a couple threads headlines
[7:24:48 PM] Bart:
> Josh
> No electricity overhead
this is exactly why POW doesnt work
[7:24:52 PM] K W:
its really sounding like some kind of mafia war
[7:24:59 PM] Bart:
what if chinese government shuts down all those miners
> K W
> its really sounding like some kind of mafia war
you dont know the half of it...

[7:25:16 PM] Josh:
> Bart
> this is exactly why POW doesnt work
I mean, is anyone arguing that it does?
[7:25:30 PM] Bart:
> Josh
> I mean, is anyone arguing that it does?
core?

[7:25:34 PM] Josh:
Gridcoin is doing something with pow that is like golem
 Except in golem you have to pay to compute
 And in gridcoin you dont
[7:26:00 PM] K W:
i think it's ridiculous. wasn't bitcoin first started to be decentralized away from banks and governments?
 now it's got its on politics
 its own*

[7:26:18 PM] Josh:
Uses a novel mechaism like steem? Litterally just found this out from the beyond Bitcoin podcast
 There will always be politics
[7:26:40 PM] Bart:
> K W
> its own*
thats what you get when the big money comes in

[7:26:41 PM] Josh:
There is politics in bitshares
[7:26:50 PM] Bart:
people will vote for their own interests
[7:27:00 PM] K W:
well if i was someone against bitcoin i would jump in and say "see kids, this is why you need regulations"
[7:27:07 PM] Bart:
> Josh
> Uses a novel mechaism like steem? Litterally just found this out
POS is the way to go. Ethereum is switching soon

[7:27:17 PM] Josh:
> Bart
> people will vote for their own interests
Steem is trying to align those interests with the health of the network
[7:27:23 PM] Bart:
> K W
> well if i was someone against bitcoin i would jump in and say "s
lol well we have had that debate every time. See also mt gox and so on

[7:27:35 PM] Josh:
Also growing supply allows decentralization of voting tokens
[7:27:55 PM] K W:
this is the war of the future. it's starting
 digital currency war
 wait til russia releases its own
 and singapore is tokenizing their currency too i heard
[7:28:30 PM] Bart:
lol thats never gonna work

[7:28:31 PM] Josh:
> Bart
> POS is the way to go. Ethereum is switching soon
You think they will be able to handle bitshare-like volumes on POS?
[7:28:44 PM] Bart:
> Josh
> You think they will be able to handle bitshare-like volumes on P
no

[7:28:56 PM] Josh:
Me niether
 I hope EOS comes with the solutions to all of ETH's problems
 Would that make ETH implode?
[7:29:49 PM] Bart:
I love Bitshares, its my second biggest holding - but I really do think it could use a little more corporate and a little less community. Sorry if that goes against everything they stand for, lol
[7:30:06 PM] K W:
"Everyone is seeing this as Jihan's words, but I'm almost certain Jihan is just the PRC's mouthpiece. You can't run a business in China without their explicit approval, and something requiring approval of all that subsidized free electricity means they have their fingers deep. Jihan is just the front man so we're thinking he's the bad guy so the people's republic of China don't catch any flack — for them, it's all about "face" or how they appear to the public. You don't need a tinfoil hat to believe China has their claws deep in Bitmain" Just pasting a post from Reddit. it sounds like a frickin Bond movie!!

[7:30:09 PM] Josh:
> Bart
> I love Bitshares, its my second biggest holding - but I really d
What do you mean more corporate?
[7:30:11 PM] Bart:
> Josh
> Would that make ETH implode?
no, lots of great partnerships and a head start

[7:30:17 PM] Jonas:
> Tom
>  http://www.magcloud.com/browse/issue/1313226
Ok will read

[7:30:18 PM] Josh:
We should be doing workers for marketing
[7:30:24 PM] K W:
PRC mouthpiece?? explicit govt approval?? saving face??
 haha
 thats insane
edited
[7:30:35 PM] Josh:
80 million dollars... Could get the HERO on Fox news
 Imagine that
[7:30:38 PM] Bart:
> K W
> PRC mouthpiece?? explicit govt approval?? saving face??
OK dont get your panties in a twist
[7:30:42 PM] K W:
and scary at the same time
> Bart
> OK dont get your panties in a twist
i know, big grain of salt

[7:31:04 PM] Mateusz Kowalewski:
> Bart
> I run a bitcoin unlimited node, so on the side of a payment netw
Is should be both: a payment network with build in setllement layer. I don't think unlimeted is the right way to this goal.
[7:31:09 PM] Bart:
> Bart
> OK dont get your panties in a twist
miners are in china, they need to follow chinese rules. This is not great, but nothing to worry about yet
[7:31:12 PM] K W:
but just thinking about the possibilities is crazy

[7:31:15 PM] Josh:
> Bart
> no, lots of great partnerships and a head start
Yes but if you can't run the software...
 If you load up the truck and it can't move....
 When there is a freight train right here
[7:31:52 PM] K W:
i mean if that is true essentially the chinese government is trying to control their own bitcoin right