Post
Topic
Board Speculation
Re: sidechains discussion
by
tvbcof
on 07/01/2015, 00:31:42 UTC
So this might provide a credible support foundation (as opposed to miners tapping other revenue streams like milking the userbase for intelligence data.)

If there is revenue stream, it will be tapped, regardless of what other sources of revenue there might be. Those who don't tap it will be uncompetitive. It doesn't really matter if the baseline is zero or nonzero.


That is not true in a lot of cases, and this case in particular.  This because the intelligence only has value if the antagonist (in my opinion of things) has a certain quite large global footprint.

Markets are good at dealing with that problem. Look at google adwords. Millions of tiny web sites insert spyware ads for a bit of extra revenue and google gets a huge datastream.


I actually had to try fairly hard not to say that Smiley  It's distinctly not what I'd like to see the future of Bitcoin end up being...in spite of being aware that in the case of Google and other large players a lot of us end up with a lot of nice things 'for free' (so to speak.)