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Braid is dead, long live Braid
71–80 of 99 posts
Re: Braid is dead, long live Braid
#72These folks suffered an extreme case of Early Adopters being unlike the majority, but anyone who gets this advice should read Crossing the Chasm (one of the 2 or 3 non-worthless business books, even if it's really only a single drawing).
Basically: consider the bell curve of a product's life span: First early adopters, then the early majority (your volume customers once you really have PMF), then on the other side of the midpoint: late majority and then the laggards).
The think is your early traction is on early adopters: people with special needs (not usually fraudsters :-), who find your product so valuable that they can put up with its bugs and lack of features to get value out of it, or just people who like the latest thing.
The features the early adoptors want not only are rarely what the majorities want, they could work against what the majorities want. The gap between the early adopters and the majority is a "chasm" -- huge, hard to get across and, as with Braid, often something a company falls into and dies.
Re: Braid is dead, long live Braid
#73Earlier quoted context omitted.
Your need to buy illegal drugs and launder money anonymously and perpetrate fraudulent rug pulls and shill get-rich-quick pyramid schemes should not trump the needs of most other people who simply require a fast, reliable way to make legal secure business transactions without fees and middlemen. Anyway, the Netherlands and rest of the world already has a fully functioning illegal drug trading and money laundering net…
you're making a lot of assumptions in bad faith. why? Maybe they just don't want all of their personal information to be stored in yet another database waiting to be leaked.
Maybe they shouldn't spend their time evangelizing and shilling cryptocurrencies online just because their own financial security depends on tricking as many new suckers as possible into investing all of their money into the same get-rich-quick pyramid schemes they put their own money into, so they can pump and dump and pull the rug on them the way somebody else did to them.
Re: Braid is dead, long live Braid
#74Earlier quoted context omitted.
you're making a lot of assumptions in bad faith. why? Maybe they just don't want all of their personal information to be stored in yet another database waiting to be leaked.
The blockchain is a public database that's leaked by definition. Maybe they shouldn't spend their time evangelizing and shilling cryptocurrencies online just because their own financial security depends on tricking as many new suckers as possible into investing all of their money into the same get-rich-quick pyramid schemes they put their own money into, so they can pump and dump and pull the rug on them the way some…
Your unhinged attacks are factually inaccurate, and contribute nothing to the discussion at hand (that is, about payment systems for individual use, which are usually denominated in fiat currencies, which usually get paid in stablecoins) besides anger and hostility. I’ve been using cryptocurrencies as an end user for more than a dozen years and have never done any of these things you list.
Perhaps you paint with too wide a brush.
You suggest that the problems cryptocurrency solve were already solved long ago, but I don’t see it. How do I send money cheaply, instantly, permissionlessly, and irreversibly across borders without identity? I only know of one way.
Re: Braid is dead, long live Braid
#75Earlier quoted context omitted.
The blockchain is a public database that's leaked by definition. Maybe they shouldn't spend their time evangelizing and shilling cryptocurrencies online just because their own financial security depends on tricking as many new suckers as possible into investing all of their money into the same get-rich-quick pyramid schemes they put their own money into, so they can pump and dump and pull the rug on them the way some…
It’s not a database, it’s just a ledger, and it doesn’t identify people unless you use it incorrectly. Your unhinged attacks are factually inaccurate, and contribute nothing to the discussion at hand (that is, about payment systems for individual use, which are usually denominated in fiat currencies, which usually get paid in stablecoins) besides anger and hostility. I’ve been using cryptocurrencies as an end user fo…
Re: Braid is dead, long live Braid
#76Earlier quoted context omitted.
It’s not a database, it’s just a ledger, and it doesn’t identify people unless you use it incorrectly. Your unhinged attacks are factually inaccurate, and contribute nothing to the discussion at hand (that is, about payment systems for individual use, which are usually denominated in fiat currencies, which usually get paid in stablecoins) besides anger and hostility. I’ve been using cryptocurrencies as an end user fo…
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Re: Braid is dead, long live Braid
#77Earlier quoted context omitted.
The lightning network works great, as does Ethereum. The incumbents successfully lobbied to get easy on-ramps to this competing system regulated basically out of existence. It’s a tragic story.
You can't really use lightning/Ethereum without using an exchange (a big middleman) to convert your fiat to BTC/ETH, because doing it without KYC etc. is money laundering. I don't really think this is incumbents lobbying, I think it's law enforcement saying, "the way we track organized crime is through money, so you can't do this". Crypto advocates know this, because a big selling point they always bring up is "spend…
If you are innocent, but accused of a crime, paying a defense attorney is high on that list. The government attorneys would much prefer you not be able to do that.
Donating money to legal organizations that threaten the status quo is another case; you may remember the Wikileaks banking blockade, which happened without any charges being filed against anyone, in response to journalism that some people didn’t like.
The burden of proof for losing access to one’s electronic assets presently is approximately zero. It’s guilty until proven innocent. Proving one’s innocence, unsurprisingly, requires money.
In 2011 I gave a talk at the CCC about how censorship resistant payments are an essential prerequisite to a free society. If you lose the ability to make legal payments the state does not approve of, you lose your basic liberty. You may be interested in seeing it if you care about these things, which I of course think are relevant to everyone.
https://media.ccc.de/v/cccamp11-4591-financing_the_revolutio...
Re: Braid is dead, long live Braid
#78Earlier quoted context omitted.
It’s not a database, it’s just a ledger, and it doesn’t identify people unless you use it incorrectly. Your unhinged attacks are factually inaccurate, and contribute nothing to the discussion at hand (that is, about payment systems for individual use, which are usually denominated in fiat currencies, which usually get paid in stablecoins) besides anger and hostility. I’ve been using cryptocurrencies as an end user fo…
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Re: Braid is dead, long live Braid
#79Earlier quoted context omitted.
It’s not a database, it’s just a ledger, and it doesn’t identify people unless you use it incorrectly. Your unhinged attacks are factually inaccurate, and contribute nothing to the discussion at hand (that is, about payment systems for individual use, which are usually denominated in fiat currencies, which usually get paid in stablecoins) besides anger and hostility. I’ve been using cryptocurrencies as an end user fo…
[flagged]
Re: Braid is dead, long live Braid
#80Earlier quoted context omitted.
Your need to buy illegal drugs and launder money anonymously and perpetrate fraudulent rug pulls and shill get-rich-quick pyramid schemes should not trump the needs of most other people who simply require a fast, reliable way to make legal secure business transactions without fees and middlemen. Anyway, the Netherlands and rest of the world already has a fully functioning illegal drug trading and money laundering net…
you're making a lot of assumptions in bad faith. why? Maybe they just don't want all of their personal information to be stored in yet another database waiting to be leaked.