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121  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: October 30, 2014, 12:44:55 PM

Patrick Byrne - Overstock.com Inc. - CEO


I was here on page 2 of the announcement thread back in january, when come-from-beyond linked it from the nxt thread. I just understood the basic idea of xnova and phantom and decided to burn a few btc. What was much clearer even back then for me was that these guys really had an idea what they were talking about and the intellectual capabilities to achieve this without living in utopia.

the discussion about the purpose of the blockchain with luke-jr in this thread and especially one post of xnova was so remarkable that I decided to share it with friends.

Less than 10 months (!!!) later a-half-a-billion nasdaq companies ceo praises this protocol.

I basically have three major positions in these crypto-protocols, the other two besides counterparty are driven by deduction, which is in my opinion the best way to handle these uncertain markets. the decision for counterparty is more driven by trust than deduction. I do not want to sound overly enthusiastic and I still have open questions, but if one team is capable of reaching this almost utopian status of disrupting the most powerful market in the world, it will probably be these guys.

+1 well said!
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