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Some thoughts about DVCs.
I had a great time discussing with Mark DVCs yesterday. With any luck his new Net device might allow some kind of online chat to happen. Nothing like people to people interaction. These are discussions mark and I have had many times over the last two years though the community to participate in has not revealed itself until now.
Thing to remember, DVCs are not an investment tool, they are a trading tool.
DVCs are about community and trust which seems a bit odd considering the trust-less nature of cryptos though it makes perfect sense when you consider realities like Gox and Moo.
Crypto systems aren't really trust-less. On a technical level they appear to be but theory and practice are remain separate realities. Perhaps in distant utopian future block chain technology will supersede people. 'I for one welcome our blockchain overlords'
A term that comes up a lot is 'accelerator'. A system like DVCs won't nescesarily make a shit ton of money. DVCs facilitate hedging and community solidarity. What I see DVCs becoming is a central core of community around which considerable development will take place. DVCs will act as an accelerator, binding a core community of not only well meaning and positive community members, but technically skilled and individually dynamic entrepreneurs.
A comment I made yesterday to mark was "it feels a little, 'Blue Blood'." This sounds negative but it isn't. Ween out the passengers, reward the dynamic and active elements of a community and utilise the drive and dynamic personalities available in a self serving but also community (in this case UNEX but also UNO) supporting way. Our version of 'blue blood' is intelligence, drive and a willingness to put in the work. If people call you a bastard for rewarding those qualities...
Get rich and develop the platform upon which that wealth will ultimately grow from. DVCs are an accelerator to that purpose.
All technical aspects of DVCs are in my mind tangible/beta/malleable. No point getting hung up on specifics when the technological possibilities are still in infancy. DVCs exist in the NXT Asset system because mark an I have the resources to do that now. If a better opportunity or solution arises there is no shame or regret in adapting to it.
Mark is out for a few days while his patch cable arives. After which were hoping for better more reliable net for him.
Wow! Thanks for those explanations! Let Mark know that I am trying to get the NXT wallet setup for your next experiment! I had a great time discussing with Mark DVCs yesterday. With any luck his new Net device might allow some kind of online chat to happen. Nothing like people to people interaction. These are discussions mark and I have had many times over the last two years though the community to participate in has not revealed itself until now.
Thing to remember, DVCs are not an investment tool, they are a trading tool.
DVCs are about community and trust which seems a bit odd considering the trust-less nature of cryptos though it makes perfect sense when you consider realities like Gox and Moo.
Crypto systems aren't really trust-less. On a technical level they appear to be but theory and practice are remain separate realities. Perhaps in distant utopian future block chain technology will supersede people. 'I for one welcome our blockchain overlords'
A term that comes up a lot is 'accelerator'. A system like DVCs won't nescesarily make a shit ton of money. DVCs facilitate hedging and community solidarity. What I see DVCs becoming is a central core of community around which considerable development will take place. DVCs will act as an accelerator, binding a core community of not only well meaning and positive community members, but technically skilled and individually dynamic entrepreneurs.
A comment I made yesterday to mark was "it feels a little, 'Blue Blood'." This sounds negative but it isn't. Ween out the passengers, reward the dynamic and active elements of a community and utilise the drive and dynamic personalities available in a self serving but also community (in this case UNEX but also UNO) supporting way. Our version of 'blue blood' is intelligence, drive and a willingness to put in the work. If people call you a bastard for rewarding those qualities...
Get rich and develop the platform upon which that wealth will ultimately grow from. DVCs are an accelerator to that purpose.
All technical aspects of DVCs are in my mind tangible/beta/malleable. No point getting hung up on specifics when the technological possibilities are still in infancy. DVCs exist in the NXT Asset system because mark an I have the resources to do that now. If a better opportunity or solution arises there is no shame or regret in adapting to it.
Mark is out for a few days while his patch cable arives. After which were hoping for better more reliable net for him.
