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Introducing Token

blog.tokenbrowser.com

1–10 of 157 posts

Re: Introducing Token

#3
Maybe I am not getting it but ethereum is way to complex to make it successful - and because it is decentralised it looks deeply fragmented. As I said, I am probably not getting it.

Re: Introducing Token

#4
I would find your pitch much more interesting if you didn't go from "look at this very cool technology" to "look how we're changing the world for the better for these poor people in Africa".

Be realistic. How many Sub-Saharan Africans are using Token or working on it right now? You're first-world devs working on first-world tech and wrapping it up in humanitarian terms because it makes you more attractive.

It's kind of exploitative. It's all about money at the end of the day, isn't it?

I apologize for the rant. Just had a semester of classes on faith and development and law and development and this stuff is often very complex and a type of unintentional colonialism often runs through it.

"Hey, check out these people! Check out how much they need our help! Wouldn't things be so much better if we did X for them?"

In many cases, yes, but in a lot of ways it is impossible for people who aren't on the ground to properly understand culture, context, and needs. Does the team have anyone on the ground? Is this informed by research on the topic? From a less critical perspective, a portion of the site dedicated to such research (and thus informing the goals) would be really cool and useful.

Re: Introducing Token

#5

I would find your pitch much more interesting if you didn't go from "look at this very cool technology" to "look how we're changing the world for the better for these poor people in Africa". Be realistic. How many Sub-Saharan Africans are using Token or working on it right now? You're first-world devs working on first-world tech and wrapping it up in humanitarian terms because it makes you more attractive. It's kind…

> It's all about money at the end of the day, isn't it?

I'm still having a hard time seeing any cryptocurrency based application as anything but an attempt to facilitate speculation based on that currency's value. There seem to be so many perverse incentives inherent to this technology that I automatically find any idealistic application of it suspect.

Perhaps this is overly cynical, but all cryptocurrencies seem to boil down to a system that would immensely benefit whoever came up with that particular currency (by virtue of having mined all the early blocks before going public or whatever) and whoever invested early if it ever took off.

Re: Introducing Token

#6
post #5

I would find your pitch much more interesting if you didn't go from "look at this very cool technology" to "look how we're changing the world for the better for these poor people in Africa". Be realistic. How many Sub-Saharan Africans are using Token or working on it right now? You're first-world devs working on first-world tech and wrapping it up in humanitarian terms because it makes you more attractive. It's kind…

> It's all about money at the end of the day, isn't it? I'm still having a hard time seeing any cryptocurrency based application as anything but an attempt to facilitate speculation based on that currency's value. There seem to be so many perverse incentives inherent to this technology that I automatically find any idealistic application of it suspect. Perhaps this is overly cynical, but all cryptocurrencies seem to…

> Perhaps this is overly cynical

Probably not, especially not for all the coins started after bitcoin took off.

Bitcoin itself may be an exception but without a reliable genesis story it's impossible to know for sure.

Re: Introducing Token

#7
post #6
post #5

Earlier quoted context omitted.

> It's all about money at the end of the day, isn't it? I'm still having a hard time seeing any cryptocurrency based application as anything but an attempt to facilitate speculation based on that currency's value. There seem to be so many perverse incentives inherent to this technology that I automatically find any idealistic application of it suspect. Perhaps this is overly cynical, but all cryptocurrencies seem to…

> Perhaps this is overly cynical Probably not, especially not for all the coins started after bitcoin took off. Bitcoin itself may be an exception but without a reliable genesis story it's impossible to know for sure.

AFAIK Bitcoin early-mined blocks were mined and are still owned by its creator. So it's perfectly ok to be cynical about Bitcoin as well.

Edit: Some details here https://bitslog.wordpress.com/2013/04/17/the-well-deserved-f...

Re: Introducing Token

#8
Are they using some implementation of the Ethereum light client protocol? Last time I checked it wasn't available yet: https://github.com/ethereum/wiki/wiki/Light-client-protocol

If they are using the standard protocol then how do they connect to the Ethereum network? Do they use their servers as proxy to the network? Because if it's so, that would defeat the whole point to me.

Re: Introducing Token

#9
post #6
post #5

Earlier quoted context omitted.

> It's all about money at the end of the day, isn't it? I'm still having a hard time seeing any cryptocurrency based application as anything but an attempt to facilitate speculation based on that currency's value. There seem to be so many perverse incentives inherent to this technology that I automatically find any idealistic application of it suspect. Perhaps this is overly cynical, but all cryptocurrencies seem to…

> Perhaps this is overly cynical Probably not, especially not for all the coins started after bitcoin took off. Bitcoin itself may be an exception but without a reliable genesis story it's impossible to know for sure.

Bitcoin creator(s) hold bitcoin worth a cool couple billion USD. Be very cynical.
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