RE: Interview: Andreas M. Antonopoulos | It´s great idea to monetize content creators
Great @blockchainfo
Andreas has clearly a big name within crypto and blockchain industry and he probably enjoyes more trust than anyone I know.
Could I watch this interview somewhere or did you contact him via text?
Thx for sharing. Upvote on the way.
I think the biggest weakness that Bitcoin has, is that the base layer blockchain is insufficiently private. It does not have strong enough privacy and anonymity guarantees.
I really respect Andreas, however my impression is that he is holding on to concept of bitcoin and other crypto as new form of currency.
My strong believe is that crypto will have a future mostly as a digital store of value. STO and tokens providing some ownership are the future. And reality is that there will be only less and less privacy within crypto space.
Seriously great read. Upvoted already.
Yours
Piotr
I think the BTC era is coming to an end. Too much bad was happening with this cryptocurrency. BTC has been used in many illegal transactions, including the payment for child pornography on the darknet. No one would like to be associated with this by having old Bitcoins. In addition, what BTC is now has little to do with the true assumptions of Bitcoin from the 2008 White Paper. I advise you to be seriously interested in BSV and realize that cryptocurrencies that promote anonymity will simply be banned by governments over time. If governments allow Bitcoin, it's only in the form of BSV. If you think Craig Wright is a cheat and madman, it's your business. It's a matter of time when he meet Trump and BSV will becomes the only legal Bitcoin. In a year, you will remember these words. I exchange STEEM for BSV. It's the only way to save your crypto. I will return to STEEM in the future.
Thank you for your opinion, it´s not easy to predict the future. I think there will be more blockchains, who will be successful, not just one. And I hope STEEM will be one of them.
Hi @astromaniak
I'm sorry for such a late reply. I took few days off since HF21 and HF22 were happening lately and I'm only catching up with comments right now.
Do you really believe that BTC era is over? Most people I know seem to believe otherwise.
ps.
I noticed that you're from Poland. So am I. Any chance I could DM you? Do you use telegram or discord?
(zauwazylem czytajac wlasnie Twoj artykul "Dlaczego prawo ma znaczenie [tłumaczenie PL]" ze naprawde jestes mega na anty do tematu obecnej decentralizacji. Ciekawe.
ps.
Check out my latest publication..
It brought some real emotions. I've been downvoted by over half million SP (attack of few accounts), however I also received solid support and few strong upvotes and now I will be enjoying the biggest genuine payout in my lifetime ;)
Yours
Piotr
Hi @crypto.piotr,
thank you for your reply. This was an audio call, so its not possible to see it anywhere on YouTube or something like that, maybe next time :)
Andreas is really helpful person with great passion for cryptocurrencies and its technology. I also think that Bitcoin will be a store of value in the future, but lets see what will happen, maybe 2nd or 3nd layer solution can be the form of currency based on Bitcoin - who knows. Maybe Lightning network in some different way can be the solution - this is still early to say.
Thanks for stopping by
@crypto.pior: While there may be less privacy with crypto, it will still be possible (for example through mixing with different coins to break traceable links). But the idea of working within the cryptoverse and not offramping to fiat would reduce the touch points accessible to governments. It becomes in essence a barter system where you trade your goods and services for another’s. I had a friend that owned an upholstery shop. A good portion of his business was through barter. While it has its limitations, it is completely untaxed and invisible to the government.
The concerns about ’utility’ tokens used as payments to creators are valid. Crypto, in general, is not widely accepted for every day expenses, and where it is accepted, it is mostly only bitcoin. Until functional cross-chain distributed exchanges (DEX) are ubiquitous, or the goods and services creators desire are readily available in the coin they earn, their payments are more for status than for wealth (and I’m a steem believer!). It can get there, but it’s not quite there yet.
As to the cashless society, I largely live in that mode already because of its convenience. However, if we are FORCED to live that way, then I agree that only bad will come of it! We totally need alternative means of exchanging value that is not completely controlled by a single entity. You will see old fashioned barter come back in a big way just to avoid the constraints and limitations such a restriction would impose.
I am no economist, just a pragmatist. I believe in crypto for many reasons, but it has to useful to the everyday person (even they are not even aware they are using it!) before it will truly change the world. I believe it will happen, just not sure how or when. Projects like steem are what will get us there as they evolve.
Late thank you for your reply @jdkennedy
ps.
Would you mind sharing with me what's your impression so far after latest forks? One week after hf21 and hf21 has been introduced?
ps.
Check out my latest publication..
It brought some real emotions. I've been downvoted by over half million SP (attack of few accounts), however I also received solid support and few strong upvotes and now I will be enjoying the biggest genuine payout in my lifetime ;)
Yours, Piotr
@crypto.piotr: The first impression I had about the HFs was the immediate need for the second HF. I’m familiar with unexpected issues when a project goes live on the operational system. No matter how hard you try, it’s very difficult to get the dev and test environments to faithfully replicate operations. But it is unusual to see an issue big enough to require a full rev number change so soon out of the gate. I recognize that distributed systems like Steem are still a very new construct that the devs are still coming to grips with, so I’m pretty tolerant of the hiccups. Similarly, they are doing this on a shoestring budget with development and test environments that are probably still in development themselves, another reason for being patient. Note that these comments are made with no direct exposure to the codebase (haven’t had time to go spelunking through the project GitHub yet :).
As to the impact of the changes made by the HFs, I don’t really have an opinion, mostly because I was just beginning to get a feel for using steem and have not fully digested the nuances of it yet (I’ve only been on it since early July).
Nonetheless, the discussions I have read suggest that the changes are moving the system more towards how I thought it already was - a place where the posts were meant to be more meaningful than ”what I had for lunch today” with the value determined by upvotes of the community. A bit idealistic I realize now, but not far from what I believe is the intended goal.
With respect to your other post, I experienced a form of that when I posted a couple of short stories I had also gotten published on 365tomorrows.com. An anti-plagiarism bot called out the copies, but because they are now in the other site’s archives, I could not meet proof criteria. At first I was upset, but now I better understand the purpose of qualifying the legitimacy of a post, especially by a new account.
All of that is to say I think you are right to point out the abuses on both sides of fence. It’s important to confront those who truly are abusing the system for their personal gain while not substantially contributing to the community (admittedly a very subjective standard). It is also important to do that without, at some point, damaging an innocent, well intentioned contributor.
I am still learning the significance of these issues and posts like yours are helping me get there, even if some may take exception some of your thoughts.
Cheers!