Post
Topic
Board Announcements (Altcoins)
Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg
by
bribed
on 02/12/2017, 17:55:00 UTC

Anything smart contracts can be used for

futures, any kind of betting, savings bonds,  imagine  a will even - say you were rich and dying and had 3 children you could divide your capital by 3 and send it to their bitbay addresses and time it so it is gradually locked/released to them over the course of their life time. So they would have consistent funds coming to them. Or lock in in a bitbay bond and just have  interest send out to those addresses over time...

I mean bitbay as an ebay replacement is HUGE but it is just one of 1000's or millions of possible uses for DDE and the peg and the timed locking and savings bonds. I mean you name it bay can be adapted to be involved with it Im sure.

I mean I know david has the capability to build in atomic trading if he so wished  too and a fiat in fiat out (whilst there is even a need for fiat)... so really bitbay will become a complete end to end trustless way to buy sell swap gamble earn on anything you can imagine. I mean specifics will have to be thrashed out by 1000s of dev teams that will eventually come to build on bitbay core.

I love the fact and I mean love that fact that david has essentially said a big fuck off to copy and paste scammers too whom have no talents at all other than pressing copy and paste whilst other devs have been scared to do so.  Why should he work and spend years of his life developing software for others to take and try and use that against him by out marketing him and crushing the investment every other bitbay believer that has put their faith in the project. Heavy marketing teams with no real crypto skillset are here now and they would love to scam bitbayer out of years of davids hard work.

The only room for improvement bay can make is to adapt to fads and things of the moment people want so long as they are not detrimental to the core in anyway. Capitalising on these during "their moment" is key to playing the crypto game. Having the best tech is not enough in the realm consisting of mostly handwavers and marketeers. Once we master that too bay will crush all in our way to the top 5 -10 and possibly.....

Hey Cryptohunter, thanks again for this detailed answer, appreciate it very much. BitBay is definitely a next-gen platform. I become more and more aware how great it is. So many usecases for it. I hope that people will realize its potential finally in 2018 and that it will become at least a top 25 crypto!