I asked the first time this was mentioned on the Status thread:
Is this an end run around Apple's 30% of IAP?
Introducing Token
151–157 of 157 posts
Re: Introducing Token
#152Because it's not immediately clear, this is a project developed by Coinbase, but under its own brand. The demo, which is available on the Apple Store and Google Play store uses TestNet Ether for now.
Yes; this post may have finally gotten traction thanks to yesterday's discussion of the nearly-equivalent "actual Ether" Status project.
Re: Introducing Token
#153Earlier quoted context omitted.
Most people I know never called that a file-browser in the first place. It was just "my files", as if the files were things in their own right that just appeared on screen. OS vendors have played into that, with icon labels that say "My Documents" or "All my files". It's to their advantage to not let anyone know that there's a separate program that sits on top of the filesystem to show the contents of the filesystem.…
Yeah, the idea of a "file browser" as an application separate from the OS is just not something most people have ever gotten. The file browser is just "Windows" or whatever, just part of the OS. (You can install file browsers other than the default one on most OSes, true. But how many people actually do that? Even fewer than install Web browsers.)
in windows, to the last of my knowledge from XP, the file manager is integrated into the shell, all together called explorer
Re: Introducing Token
#154Earlier quoted context omitted.
Most people I know never called that a file-browser in the first place. It was just "my files", as if the files were things in their own right that just appeared on screen. OS vendors have played into that, with icon labels that say "My Documents" or "All my files". It's to their advantage to not let anyone know that there's a separate program that sits on top of the filesystem to show the contents of the filesystem.…
I actually say I am going to Google something when in reality I use DuckDuckGo...
I do this too... While I cringe internally. But usually I'm saying it to people that have never even heard of DuckDuckGo...
Re: Introducing Token
#155Earlier quoted context omitted.
> a system that would immensely benefit whoever came up with that particular currency In Bitcoin's case, Satoshi created the world's first trustless, global digital payment system and distributed it as open source. Maybe it's just me, but that seems like a pretty big deal. Especially when the software was not patented, and free for anyone to use and build with. Could Satoshi hold a bunch of BTC worth over a billion U…
Bitcoin began as a whitepaper because it's a runaway thought experiment. I'm sure Satoshi would've done things a little differently if he truly expected to become a billionaire from it. There's nothing wrong with that, but it's a little excessive to assign such heady altruistic qualities to Satoshi as if he/she/they knew ahead of time what bitcoin would become. The infamous "$15k pizza" clearly demonstrates that bitc…
> it's a little excessive to assign such heady altruistic qualities to Satoshi as if he/she/they knew ahead of time what bitcoin would become.
> It'd be a shame if we elevated the experimentation of one intelligent person to be elevated into religion...
Just giving credit where credit is due. If you invented a new open source technology that yielded a market that went from $0 ---> $19B+ in 8 years, then I'd think you'd deserve to be financially rewarded for it, and I may even have some nice things to say about you too.
> I really respect bitcoin's implementation as a thought experiment
Cool. But Bitcoin would still be a BFD even if no one used it. It's an elegant technological implementation of a decentralized immutable ledger and currency system that doesn't require you to trust someone else with your money when you want to spend it. It still puzzles me how many posters on HN (a forum of creators, engineers, and inventors) disregard its technological achievement. Perhaps the idea that "real money" doesn't have to come from some authority figure is simply too offensive?
> I think its use as a permanent basis for a real-world currency and/or a storage/execution platform for programs is misguided.
And therein lies one of its best advantages over traditional currency: it's opt-in only, so you don't have to use it if you prefer not to.
Re: Introducing Token
#156Earlier quoted context omitted.
Bitcoin began as a whitepaper because it's a runaway thought experiment. I'm sure Satoshi would've done things a little differently if he truly expected to become a billionaire from it. There's nothing wrong with that, but it's a little excessive to assign such heady altruistic qualities to Satoshi as if he/she/they knew ahead of time what bitcoin would become. The infamous "$15k pizza" clearly demonstrates that bitc…
> it's a little excessive to assign such heady altruistic qualities to Satoshi as if he/she/they knew ahead of time what bitcoin would become. > It'd be a shame if we elevated the experimentation of one intelligent person to be elevated into religion... Just giving credit where credit is due. If you invented a new open source technology that yielded a market that went from $0 ---> $19B+ in 8 years, then I'd think you…
>It still puzzles me how many posters on HN (a forum of creators, engineers, and inventors) disregard its technological achievement. Perhaps the idea that "real money" doesn't have to come from some authority figure is simply too offensive?
It's not a novel concept. Bitcoin is a linear web of trust, applied to transactions instead of identities. Webs of trust are as old as PGP. Block C is valid against Block B is valid against Block A, which we both trust.
Bitcoin is respectable primarily for its ambition, the way it applied existing technology to accomplish a goal that its creators cared about and which many people would've thought was too daunting to undertake.
Believing that people only criticize bitcoin because their minds are too small to accept the concept of decentralized money is blatantly closed-minded.
Re: Introducing Token
#157Earlier quoted context omitted.
> it's a little excessive to assign such heady altruistic qualities to Satoshi as if he/she/they knew ahead of time what bitcoin would become. > It'd be a shame if we elevated the experimentation of one intelligent person to be elevated into religion... Just giving credit where credit is due. If you invented a new open source technology that yielded a market that went from $0 ---> $19B+ in 8 years, then I'd think you…
>It still puzzles me how many posters on HN (a forum of creators, engineers, and inventors) disregard its technological achievement. Perhaps the idea that "real money" doesn't have to come from some authority figure is simply too offensive? It's not a novel concept. Bitcoin is a linear web of trust, applied to transactions instead of identities. Webs of trust are as old as PGP. Block C is valid against Block B is val…
> It's not a novel concept. Bitcoin is a linear web of trust, applied to transactions instead of identities. Webs of trust are as old as PGP. Block C is valid against Block B is valid against Block A, which we both trust.
It's more than just a basic "web of trust". It wouldn't work if it was. Primarily, Bitcoin was the first system to implement proof-of-work to prevent double spending, establish consensus, and distribute the units of account fairly.
EDIT: PGP's web of trust is kind of a poor comparison here, because it requires trusting people, whereas blockchains require trusting math/algos.
> Believing that people only criticize bitcoin because their minds are too small to accept the concept of decentralized money is blatantly closed-minded.
I'm just trying to understand the reasons behind HN's vitriol, always open to hearing other suggestions. (Though there seems to be far less vitriol lately.)