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Author Topic: OpenBazaar founder: We aren't the next Silk Road  (Read 2645 times)
Herbert2020
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June 27, 2015, 02:19:23 PM
 #41

he has every reason to be scared look what happened to silk road owner. since openbazar is a similar project and also it can have the benefit of anonymity of using bitcoin people are going to abuse if for illiegal activities

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
Netnox
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June 27, 2015, 02:32:06 PM
 #42

Isn't it possible for the gov to force the openbazaar devs to shut it down if they wanted to?
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June 27, 2015, 02:47:40 PM
 #43

Isn't it possible for the gov to force the openbazaar devs to shut it down if they wanted to?

If it's decentralized then how can they force them to shut down as there's no central authority to attack? IT would be like going after satoshi to take down bitcoin or trying to take down a torrent client. Besides, many more decentralized markets will pop up sooner rather than later and many will be open source. The best one will prevail.
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June 27, 2015, 02:53:56 PM
 #44

Isn't it possible for the gov to force the openbazaar devs to shut it down if they wanted to?

open bazar isn't like silk road, they cannot do anything, but they may apply some kind of pressure(for example by tracking one of the user that use open bazar and seize his computer) and scare the users base, that is still so tiny, this will force other users to not join the project
amiryaqot
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June 27, 2015, 02:58:45 PM
 #45

Isn't it possible for the gov to force the openbazaar devs to shut it down if they wanted to?

open bazar isn't like silk road, they cannot do anything, but they may apply some kind of pressure(for example by tracking one of the user that use open bazar and seize his computer) and scare the users base, that is still so tiny, this will force other users to not join the project

really that statement very disappointed it will be no like Silk Road because many users were waiting ti its fully functional and that is most awaited project as so many eyes are on them, if they seize users access to the marketplace than it will become useless for big investors, Ebay and Amazon will remain market leader with these kind of stupidity.
BillyBobZorton
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June 27, 2015, 04:30:22 PM
 #46


The mods are on torrent listing sites; they don't actually moderate seeds and peers using the BitTorrent protocol.

I can imagine that's how it might end up working for many. There'll be sanitised portals that become popular. Perhaps vendors there will club together to increase buying power and reduce prices. If you want the grime then you'll be able to sniff around elsewhere.
It's obvious there will be some sort of moderation going on, otherwise the host that hosts the actual webpage will be raided in seconds. Total decentralization is not possible if you want to reach mainstream audiences, as some moderation is needed.
boopy265420
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June 27, 2015, 06:12:27 PM
 #47

OpenBazaar still will be very attractive for different types of customers because of its decentralized system ,who doesn't want to share full details related to them.This will not be like Silk road but still will be usable like that somehow.This is modern concept of online trading platform which should have success in my opinion.Well only time will if it will be like Silk road or not as decentralization and multicoin support is enough to make further ways to fulfill the requirement of different customers.
TheButterZone
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June 27, 2015, 07:11:51 PM
 #48

So many BS replies just to boost post count for ad campaigns...

Saying that you don't trust someone because of their behavior is completely valid.
Lemonjelly
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June 27, 2015, 07:18:26 PM
 #49

BitBay vs Openbazaar, which will win?

Why would you compare them ? They are different, BitPay is centalized while OpenBazzar is decentralized
They will have different customer, so i think both of them will win

Are you sure? Bitbay seems to be advertising itself as a Decentralized market https://bitcointalk.org/index.php?topic=850267.0
blablaace
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June 27, 2015, 08:19:14 PM
 #50

I wonder if the govt will go after him for releasing this kind of software .. I'm guessing since it's distributed he is bulletproof against prosecution, but I'm sure his phones are already tapped
gentlemand
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June 27, 2015, 08:27:11 PM
 #51

I wonder if the govt will go after him for releasing this kind of software .. I'm guessing since it's distributed he is bulletproof against prosecution, but I'm sure his phones are already tapped

It's just software. It's the use or abuse of it by others that causes the problem. The creator of Bittorrent is alive and well and not wearing shackles.
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June 27, 2015, 10:29:30 PM
 #52

BitBay vs Openbazaar, which will win?

Why would you compare them ? They are different, BitPay is centalized while OpenBazzar is decentralized
They will have different customer, so i think both of them will win

Are you sure? Bitbay seems to be advertising itself as a Decentralized market https://bitcointalk.org/index.php?topic=850267.0

He said bitpay not bitbay. I think he got confused. Although this is the first I have heard about bitbay.
pooya87
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June 28, 2015, 04:34:25 AM
 #53

So, how does BitTorrent handle illegal stuff? I don't use it, but I would think they don't have child porn being shared.

i think there are sort of moderator that check the torrent that users upload every day

it would be the same here, the escrow/arbiter will check if what you are selling is illegal or not

but then we can fall in a centralization market, which isn't what open bazar is aiming for

the point is that you can't have 100% regulation and decentralization, hell you can not even have 100% regulation in a centralized system...
if you consider loads and loads of illegal copyrighted material that is being downloaded through torrent, you see that they don't really have any control.
in fact the biggest usage of torrent is to download all these copyrighted files.

yeah but there some heavy illegal stuff that you will not find there like cp, so someone is actually controlling
as long as it is p2p nobody can have any control over it, AFAIK
the thing you are talking about looks like the control the website owner/moderator of sites like piratebay, kickass have over the content and that is purely on users reports

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AGD (OP)
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June 28, 2015, 05:15:46 AM
 #54

CP and other illegal goods WILL be sold on OpenBazaar and there will be noone able to completely stop it, unless they change the protocol to decentralization.

There are many, many ways to hide one's IP. Even the illegal files can be altered and encrypted, so that noone will be able to check the files. Illegal services can have different legal names, as long as the end user knows the secret he will have easy access.

Somebody was saying, there is no CP on torrent... this is utter BS.

Bitcoin is not a bubble, it's the pin!
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fryarminer
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June 28, 2015, 06:21:54 AM
 #55

I really don't see how they can regulate it. From what I read ANYTHING can be sold on there.

Anything can be sold, as long as it doesn't clash with the Terms and Conditions. Sellers trying to trade CP.etc will be banned by the admin, and their earnings will be deducted from the wallets. That said, I don't think that OpenBazaar will be online anytime soon. May be they'll start trading in 2017 or 2018. Only by then, these things will become clear.

It has to be centralized to have terms and conditions. I understood that it would not have an admin or centralization.
Amph
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June 28, 2015, 07:38:52 AM
 #56

So, how does BitTorrent handle illegal stuff? I don't use it, but I would think they don't have child porn being shared.

i think there are sort of moderator that check the torrent that users upload every day

it would be the same here, the escrow/arbiter will check if what you are selling is illegal or not

but then we can fall in a centralization market, which isn't what open bazar is aiming for

the point is that you can't have 100% regulation and decentralization, hell you can not even have 100% regulation in a centralized system...
if you consider loads and loads of illegal copyrighted material that is being downloaded through torrent, you see that they don't really have any control.
in fact the biggest usage of torrent is to download all these copyrighted files.

yeah but there some heavy illegal stuff that you will not find there like cp, so someone is actually controlling

well in theory the escrow or arbiter can check what good they are selling, if they hold the money, they can ask for it

but then you will get a partial decentralized system or soemthing like that
as long as it is p2p nobody can have any control over it, AFAIK
the thing you are talking about looks like the control the website owner/moderator of sites like piratebay, kickass have over the content and that is purely on users reports
bryant.coleman
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June 28, 2015, 07:41:24 AM
 #57

CP and other illegal goods WILL be sold on OpenBazaar and there will be noone able to completely stop it, unless they change the protocol to decentralization.

If this is true, then OpenBazaar gives the authoritarian governments around the world (esp. United States, North Korea.etc) the perfect excuse to ban the possession of Bitcoin. And if they make the possession of Bitcoins a punishable offence, we will not get any sort of worldwide adoption, which we are hoping for. Is OpenBazaar worth all that trouble?
TheButterZone
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June 28, 2015, 09:10:33 AM
 #58

Yes, let them ban the entire internet to stop BTC. Oh wait, they can't.

Saying that you don't trust someone because of their behavior is completely valid.
Amph
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June 28, 2015, 09:49:48 AM
 #59

Yes, let them ban the entire internet to stop BTC. Oh wait, they can't.

i think he means in the way they did with russia, which isn't a real ban in the end, but more like an intimidating approach, to make people reluctant to use bitcoin

they certainly cannot stop torrent, and they will not stop openbazar
Herbert2020
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June 28, 2015, 11:52:17 AM
 #60

Yes, let them ban the entire internet to stop BTC. Oh wait, they can't.

i think he means in the way they did with russia, which isn't a real ban in the end, but more like an intimidating approach, to make people reluctant to use bitcoin

they certainly cannot stop torrent, and they will not stop openbazar

yeah, they can not ban bitcoin, they can only scare businesses to prevent them from accepting bitcoin, but as long as there is places like openbazzar and darknets, and you can stay anonymous and spend/earn your bitcoins there is not really much they can do.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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