Why are we calling it crypto? Just call them private coins
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Why are we calling it crypto? Just call them private coins
1–10 of 62 posts
Re: Why are we calling it crypto? Just call them private coins
#2It's a little late for crypto shills to rebrand. I don't think the word 'shill' is uncalled for at this point. I've been burned a bit and so have some of my friends and family. I haven't seen anyone offering refunds, just lovely names like "degenerate."
Re: Why are we calling it crypto? Just call them private coins
#3It's a little late for crypto shills to rebrand. I don't think the word 'shill' is uncalled for at this point. I've been burned a bit and so have some of my friends and family. I haven't seen anyone offering refunds, just lovely names like "degenerate."
> just lovely names like "degenerate."
The use of this term as an insult has some especially nasty history behind it:
Re: Why are we calling it crypto? Just call them private coins
#4No post body was provided.
Re: Why are we calling it crypto? Just call them private coins
#5Well, most of them aren't private. So, that doesn't work either.
Re: Why are we calling it crypto? Just call them private coins
#6No post body was provided.
Re: Why are we calling it crypto? Just call them private coins
#7A rose by any other name would smell as sweet
-- William Shakespeare
Re: Why are we calling it crypto? Just call them private coins
#8> Can we just talk about the fact that airlines have private coins but they just call them points or miles? Or what about this thing that everyone hates inside of video games that is just passing money to power points or gold coins, or jewels, etc. Or even casinos with stablecoins that are just called chips.
This is actually very interesting and one of the first times I have heard of practical uses of crypto. If credit card or airlines rewards were credited via decentralized private coins, users would have greater ownership of their rewards, and they could be traded in secondary markets.
Re: Why are we calling it crypto? Just call them private coins
#9Privacy coins are already a subset of cryptocurrencies, so private coins would be a terribly confusing term...
Re: Why are we calling it crypto? Just call them private coins
#10> Can we just talk about the fact that airlines have private coins but they just call them points or miles? Or what about this thing that everyone hates inside of video games that is just passing money to power points or gold coins, or jewels, etc. Or even casinos with stablecoins that are just called chips. This is actually very interesting and one of the first times I have heard of practical uses of crypto. If cred…
This is one use of crypto that I really want to come to fruition. Imagine being able to trade your Delta Skymiles for Kohl’s Cash on Uniswap instantly and for 30bps in fees. It would finally make all these random rewards programs worthwhile.