Quote from: Hakkane on October 06, 2017, 01:24:09 PM

You are back, we were missing you and your FUD!!! It has been like 3 weeks without posting here, I was concerned about you Roll Eyes

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False. So far 3.2 PetaBytes are available of which only 3% is being used (https://siastats.info/hosts_network.html). Hosts are not offering more space because the demand is still small. Let the demand grow and you'll see hundreds of hosts adding their storage to the network

Needs more space because you need to encrypt it and you need redundancy.

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False. Each file is spread among 30 hosts, and when you download, you receive chunks of the file from all of them at the same time. That's the power of distribution and decentralization

You have to pay for the redundancy, you know that, right? Wink

Plus, none of that can compare with enterprise solutions since AWS. It's not even the same league.

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No need for it, you are missing the point. Sia is targeted to companies (they have IT teams) and to storage providers that will create cloud storage solutions user-oriented using the Sia storage layer. The final users will not see the Sia network or even know it exists

No major company will ever use sia network to host those files in the next 2 years.

I'm willing to bet half an ETH with you on that, we can use an escrow and I put the money right in Wink

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But you can give the receipts of your coin exchange. Besides, developers are creating applications on top of Sia accepting FIAT as a payment, doing all the conversion and Sia managing behind the scenes. Users will have no need to know what Sia or Siacoins are.

That's still unbillable and you cannot deduct it from taxes Wink

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False. Storage price is independent of Siacoin price fluctuation, as hosts select their own pricing, adjusting it to dollar prices: https://siastats.info/storage_pricing.html. The companies just need to buy Siacoin on the go (or not if you read my previous points) and they will be paying the same final amount in dollars.

True. The

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Just clean your glasses then. Cloud storage is a multi-billion business with a grow projection of several folds in the next years due to the increase use big media formats, streaming, AI and machine learning...

Sia doesn't offer anything that other cloud storage solutions offer:
-more reliably
-cheaper

And big companies store in house most of their files.

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And then the destiny of your network would be tied to a different blockchain that you don't control, can collapse, can make operations extremely expensive due to Gas expenses and have a very concerning trend to hard-forking the network every few months. Some small tokens can do good inside an external blockchain. But big projects require their own blockchain for security

You don't control Sia either. What's your point?

In the end:

-hosting on sia isn't cheaper than standard solutions (especially when we consider bandwidth)
-hosting on sia isn't enterprise friendly and it's straight useless for whoever needs even a mediocre amount of I/O
-hosting on sia doesn't give you any financial benefit or tax deduction

You want to keep saying otherwise?

I'm willing to give half an ETH to an escrow if you do so as well and in one year the loser takes it all Wink