Results 6,376 to 6,400 of 16246
Thread: Bitcoin....who's gotten into it?
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12-02-2021, 09:58 AM #6376
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12-02-2021, 10:03 AM #6377
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12-02-2021, 10:44 AM #6378
https://twitter.com/BITVOLT7/status/...W8CIKOM_Q&s=19
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12-02-2021, 11:19 AM #6379
Oh for sure. There's so many scams its unfathomable. Jade DAO with a 4 billion % APY? That's a virtual glory hole surprise if I've ever seen one
Some other use cases I'm investigating with other parties
- indefeasible title for commercial or private RE transactions replacing title insurance, land titles
- stock transfers replacing clearing houses, stock transfer agents
- digital rights managements for creatives (video, photo, music) - directly to the creative
- Management, transfer, destruction. amendment of online profiles. Stalefish talked about this earlier. For gamers, anyone with an online profile etc
- Tokenization of various assets for risk distribution. Carbon credits.
Literally nobody knows where this will go. Or what will succeed or fail. Intellectually it's very interesting but definitely makes one think outside the box
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12-02-2021, 11:26 AM #6380
Great post. For everyone worried about all the scams in crypto, you should just follow Mr. Jamie "Bitcoin is a scam with no intrinsic value" Dimon's advice and invest in precious metals.
On a more serious note, I'm excited to see some of these music platforms take off and cut out the rent-seeking middlemen.
https://emanate.live/home
https://audius.co/
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12-02-2021, 11:41 AM #6381
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12-02-2021, 12:13 PM #6382
I've been in Audius a long time. I'd dump it, but I just leave it for posterity sake.
Their team sucks, they can't implement basic user controls, they haven't implemented a direct to artist monetization plan, and their governance and node operation is a joke.Is it radix panax notoginseng? - splat
This is like hanging yourself but the rope breaks. - DTM
Dude Listen to mtm. He's a marriage counselor at burning man. - subtle plague
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12-02-2021, 12:41 PM #6383
On the flip side, I just transferred my 2021 HSA contribution from daily driver bank to Fidelity. Wanted to use some of it to jump on stocks today. But the old fashioned transfer takes 1-3 days. So I wait.
Sent from my iPhone using TGR ForumsHowever many are in a shit ton.
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12-02-2021, 12:58 PM #6384
It should be noted that we're still veeeerrrryyy early with respect to all of these platforms and they are not without problems. A good rule of thumb in crypto is to realize that most roadmap dates and even features are pretty dynamic. Almost nothing comes out on time and bugs are pervasive. With that being said, the idea is that under the current paradigm, the middlemen (i.e. FB, Spotify, YouTube, etc.) have all the power, control the algos without transparency, and take over-sized cuts. In the long-run, the hope is that the power will shift back to creators, the algos and internals become public, and creators get much bigger rewards for their efforts. In my estimation, most of this stuff is still 5-10 years out.
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12-02-2021, 01:03 PM #6385
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12-02-2021, 01:31 PM #6386
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12-02-2021, 03:19 PM #6387
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12-02-2021, 04:49 PM #6388
https://tune.fm/signup/?next=/
Tune.fm is another project hoping to cut out middlemen and get into NFT’s etc
I listen to music on YouTube all the time - 5 seconds of an advertisement before I skip the ad is the cost (plus whatever data youtube gets from me for wanting to hear that song)
My friend pays for youtube premium so he can skip all adds
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12-02-2021, 04:51 PM #6389
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12-02-2021, 04:57 PM #6390
got back into some algo for the long hold today, took a flyer on fetch.ai, see what that does over the next 6 mon or so..
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12-02-2021, 05:08 PM #6391
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12-02-2021, 05:18 PM #6392
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12-02-2021, 05:25 PM #6393
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12-02-2021, 07:01 PM #6394
Speaking to this use-case forums are not really that worthwhile. However, for social media, YT, video or other like media online profiles are being monetized and quite successfully. This goes not just for influencers, but also for subject matter experts, news outlets, think-tank kind of sites.
In almost all cases, these profiles are subject to the vagaries of an online service providers terms or vagaries like ad policies often without notice. I'd suspect many people with online profiles would like a bit more control
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12-02-2021, 07:56 PM #6395
Worth the time:
Is it radix panax notoginseng? - splat
This is like hanging yourself but the rope breaks. - DTM
Dude Listen to mtm. He's a marriage counselor at burning man. - subtle plague
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12-02-2021, 10:12 PM #6396
Yes forums suck at monetization, even the selling portions of them, and even for more niche subjects instagram is a better marketplace. And sure content creators want more control, and to sustain online content creation they need more control. But there’s a tension between that and the thing the internet has been the best thing in human history at content discovery and that discovery includes ads (paid discovery, trillions of $). And nothing about the details of web3 suggests overturning the extreme fat tail distribution the internet has brought. NFT music ain’t gonna bring riches to every hurdygurdy player with a monkey.
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12-02-2021, 10:26 PM #6397
Very, um "timely" article.
https://time.com/6124814/music-indus...nkId=142640874
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12-02-2021, 10:54 PM #6398
Speaking to others about this (tech nerds like myself, creatives etc). Our conclusion is that (duh) the cream will still rise to the top. Talent will find a way. Disruptive is such a cop-out word but so descriptives sometimes; and this is one of the times. So I agree that there will not be a wholesale change and the web 2.0 paradigm as we know it isn't going anywhere soon.
I think smart contracts are the key. The ability to have unamendable, enforceable promises. That will put an entire system of 'things' into play.
There's always going to be a place for intermediaries, marketplaces, and the attendant ads. But what I suspect that will change is a movement in the power and control dynamics. And it won't be a uniform movement for all players over all aspects of the relationships. But I suspect the trend will be back more to individual control and away from the quasi-oligopolies. Even when I started in tech it was always a thought-experiment that the dominant platform will change every 5 years or so. I've got a strong conviction that smart contracts (and its various expressions via crypto tokens, defi, DAOs etc etc) will trigger this change; if it hasn't already)
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12-03-2021, 05:10 AM #6399I drink it up
- Join Date
- Oct 2002
- Location
- my own little world
- Posts
- 5,875
Bitcoin....who's gotten into it?
But why? This is a solution in search of a problem. Do we really have a large problem with amendable, unenforceable promises that will be solved by this? I get the lather, but for the life of me I can’t see how it moves any needle in a very meaningful way. Useful, perhaps. Game changing? What game, exactly?
Last edited by Mustonen; 12-03-2021 at 05:51 AM.
focus.
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12-03-2021, 07:58 AM #6400A woman came up to me and said "I'd like to poison your mind
with wrong ideas that appeal to you, though I am not unkind."
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