Quote from: r0ach on September 06, 2015, 05:23:17 PM

Quote from: delulo on September 06, 2015, 04:33:49 PM

Quote

The other advantage is that even if Bitcoin was to crash to nothing, 2.0 platforms (Bitshares, Ethereum, etc) like this can blend in with traditional products traded on Wall Street and continue to have value if cryptocurrency is no longer trusted as a store of value in the fallout. The native currency would obviously still have value being a part of the platform itself.

Bitshares always assumed that the value of BTS doesnt come from being money itself or "digital gold"

https://www.youtube.com/watch?v=ZT9ICMfUDjk

http://wiki.bitshares.org/index.php/DAC/Distributed_Autonomous_Company

If your consensus mechanism is relatively bulletproof, which I believe DPoS now is considering you can specify how many delegates you require for a transaction instead of just 51, then the native currency is obviously going to have large value by default.

I haven't watched all of them, but the best Larimer video is probably the 4 minute one below. It's like watching a NASA worker from the 70's, complete with identical outfit and all. Try not to drool at the screen too much, Kelsey:

http://www.youtube.com/watch?v=bBlAVeVFWFM

I didn't understand you argument there. Can you expand?

I predict the 70's style will be a big advantage to make this go viral on social media at some point ("crazy scientist created Bitcoin successor").