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RE: JSECoin Just Open Sourced Their Code Base - And Why This Is Important
I've been using JSECoin since its early days, helping them with feedback and running the code on a few of my websites, including steem.supply, for which I got a lot of backlash here on Steemit
Still doing that?
I am very sceptical of this concept. There is much potential for misuse and I can't see any reason interest from outside in it.
Why should anyone put money in it?
Sure, like any generic coin there will be some speculation. But no one that ads ads now has any reason to put money into the coin - quite contrary.
So the coin has to compete with "normal" ads - it has to be more profitable (because less reliable then pre-paid) as a ad place. Can't se that happening, because, as I said, there is no reason for outside interest.
If you refer to having the code on steem.supply, no, I don't have it there anymore for a long time. If you refer to still mentioning that incident, yes, I am still mentioning it.
You have all the rights in the world to be, it's your opinion. I think it has great potential, though, because of its "tokenized" nature. Serving ads keeps the money outside of the show, whereas just mining, just paying with your presence, puts the money inside the circle and many things can happen from there.
At the end of the day, it's still the same old "obsolete-paradigm-replaced-by-seemingly-useless-in-the-beginning,-but-more-performant-technology" kind of shift.
It was just the same with horses, in the beginning of the 19th century. Cars were slow and apparently unaffordable, and yet, they prevailed.
If you refer to having the code on steem.supply, no, I don't have it there anymore for a long time. If you refer to still mentioning that incident, yes, I am still mentioning it.
You have all the rights in the world to be, it's your opinion. I think it has great potential, though, because of its "tokenized" nature. Serving ads keeps the money outside of the show, whereas just mining, just paying with your presence, puts the money inside the circle and many things can happen from there.
At the end of the day, it's still the same old "obsolete-paradigm-replaced-by-seemingly-useless-in-the-beginning,-but-more-performant-technology" kind of shift.
It was just the same with horses, in the beginning of the 19th century. Cars were slow and apparently unaffordable, and yet, they prevailed.