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Storj: Not a Dropbox Killer

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Re: Storj: Not a Dropbox Killer

#61

Earlier quoted context omitted.

Agree, Sia does look very promising. But plenty of work needs to be done before it is a real product. The first-use experience isn't good right now.

How many technically challenging products have been overnight successes? One thing that is really confounding about all the anti-blockchain rhetoric on HN is that people seem to expect these products to be finished instantaneously. Building great products takes years.

True, but if you visit a site like http://sia.tech/ , in my opinion it gives the impression of a product ready to use today. Though if you look at their roadmap https://trello.com/b/Io1dDyuI/sia-public-roadmap , you get another (more realistic) picture.

Re: Storj: Not a Dropbox Killer

#62

What bugs me the most about the whole ICO game is that it casts a long dark shadow about the whole blockchain stuff. Storj as well as other ideas in the realm are based on great ideas and I'd love to see them succeed. However, that Storj was able to obtain $30M in funding is really just awful. Sooner or later the cryptocoin market will crash and when this day comes and those projects still have no inherent value a lo…

People didn't leave the Internet because of the dot com bubble burst. If blockchain has an advantage over more centralized approaches, it will bounce back as well.

Re: Storj: Not a Dropbox Killer

#63
post #29

A flip side of the (crypto)coin so to speak. I invested in Storj, and I also put some resources behind farming. First, there are lots of issues, but that's to be expected with an early product. At least there is a product. Second, this is a very different project than Dropbox, a centralized cloud storage originally built on AWS. Comparing the two is exactly fair, and the long term value proposition of Story is very d…

15TB is a lot for an individual, tiny for a business. What is your current estimate of time to breakeven?

Re: Storj: Not a Dropbox Killer

#64
post #33
post #27

Earlier quoted context omitted.

Not radical at all, greed ruins everything. The more we can decrease it in society – the more freedom we'll all get.

How do you suggest we do that?

By observing our behaviors and eliminating harmful ones, i.e. through mindfulness of one's actions and motivations.

Re: Storj: Not a Dropbox Killer

#65
post #45
post #27

Earlier quoted context omitted.

Not radical at all, greed ruins everything. The more we can decrease it in society – the more freedom we'll all get.

Greed appears to me to be fundamentally intrinsic to human behavior and culture. I don't think it's realistic to try to get rid of it. Rather I think it would be more effective to use it as an incentive and actively limit its negative externalities.

There are lots of "fundamentally intrinsic" harmful elements of human behavior and culture but civilization is slowly getting them under control.

Re: Storj: Not a Dropbox Killer

#66
post #33

Earlier quoted context omitted.

How do you suggest we do that?

Build great stuff and don't be greedy - set an example. Make those greedy over mediocrity look bad. Build for the sake of building, because that's reward enough.

> Build for the sake of building, because that's reward enough.

My daughter can't eat the sake of building.

Re: Storj: Not a Dropbox Killer

#67

What bugs me the most about the whole ICO game is that it casts a long dark shadow about the whole blockchain stuff. Storj as well as other ideas in the realm are based on great ideas and I'd love to see them succeed. However, that Storj was able to obtain $30M in funding is really just awful. Sooner or later the cryptocoin market will crash and when this day comes and those projects still have no inherent value a lo…

Unless you're an active investor who is nuanced on the details of the protocols, just don't worry about it. You'll wake up one day, back up your files to the new cloud, you'll pay using some crypto app - and you'll have no idea that decentralization was ever involved.

Re: Storj: Not a Dropbox Killer

#68

Earlier quoted context omitted.

Build great stuff and don't be greedy - set an example. Make those greedy over mediocrity look bad. Build for the sake of building, because that's reward enough.

> Build for the sake of building, because that's reward enough. My daughter can't eat the sake of building.

I didn't literally mean do it for free. There's a tradeoff between comfort and freedom that's different for different people.

Re: Storj: Not a Dropbox Killer

#69

Earlier quoted context omitted.

Build great stuff and don't be greedy - set an example. Make those greedy over mediocrity look bad. Build for the sake of building, because that's reward enough.

This naive approach likely leads to the head-down artist or creator being exploited by the greedy manager/agent/parasite/whatever, not some sort of life changing event for those who see this person's work and suffering with profit left on the table.

If you're naive, but not being greedy doesn't require naivety. In fact it probably requires some awareness to understand that money can be an anchor.

You're making $140k a year. Nice. How much of your time and attention and energy are you trading for that? Is it worth it?

Re: Storj: Not a Dropbox Killer

#70
post #67

What bugs me the most about the whole ICO game is that it casts a long dark shadow about the whole blockchain stuff. Storj as well as other ideas in the realm are based on great ideas and I'd love to see them succeed. However, that Storj was able to obtain $30M in funding is really just awful. Sooner or later the cryptocoin market will crash and when this day comes and those projects still have no inherent value a lo…

Unless you're an active investor who is nuanced on the details of the protocols, just don't worry about it. You'll wake up one day, back up your files to the new cloud, you'll pay using some crypto app - and you'll have no idea that decentralization was ever involved.

When it goes wrong, and you're wondering who to complain to, then the decentralisation might start to matter.
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