IOTA

[SatoNatomato]

Why would anyone be buying Iotatokens when they can just run their own instance of Iota, for their own purpose?

As Iota is IoT, M2M oriented.

For instance, BWM could run it for their cars and sell access/data to others who want their data - and take a higher fee than just relying on your instance Iota?

Or any other purpose where you need M2M communication, you would run your own instance, and call it a day, why waste money buying something is is free anyway?

Because the IoT needs to be interoperable. Every corporation having their own network will not work.

And why would it not work? Every corporation has their own Payroll and Oracle databases and whatever.

In fact, every corporation having their own instance, would give them much more control, and money, than using a global one, and thus giving control, and money, to Iota foundation.

It would also be more secure, they could even modify Iota slightly to make it inoperable with others, and if their data is really valuable, the other corporations will pay for it in real money, even in Byteballs.

[SteveoMB]

Why would anyone be buying Iotatokens when they can just run their own instance of Iota, for their own purpose?

As Iota is IoT, M2M oriented.

For instance, BWM could run it for their cars and sell access/data to others who want their data - and take a higher fee than just relying on your instance Iota?

Or any other purpose where you need M2M communication, you would run your own instance, and call it a day, why waste money buying something is is free anyway?

Because the IoT needs to be interoperable. Every corporation having their own network will not work.

And why would it not work? Every corporation has their own Payroll and Oracle databases and whatever.

In fact, every corporation having their own instance, would give them much more control, and money, than using a global one, and thus giving control, and money, to Iota foundation.

It would also be more secure, they could even modify Iota slightly to make it inoperable with others, and if their data is really valuable, the other corporations will pay for it in real money, even in Byteballs.

case closed, take Byteballs, dont use and buy IOTA.
all foundationmembers, especially those who are connected to real industries are not important. forbes/huffington post, techcrunch are all wrong. iota is bad, thank you for opening my eyes.

[SatoNatomato]

Why would anyone be buying Iotatokens when they can just run their own instance of Iota, for their own purpose?

As Iota is IoT, M2M oriented.

For instance, BWM could run it for their cars and sell access/data to others who want their data - and take a higher fee than just relying on your instance Iota?

Or any other purpose where you need M2M communication, you would run your own instance, and call it a day, why waste money buying something is is free anyway?

Because the IoT needs to be interoperable. Every corporation having their own network will not work.

And why would it not work? Every corporation has their own Payroll and Oracle databases and whatever.

In fact, every corporation having their own instance, would give them much more control, and money, than using a global one, and thus giving control, and money, to Iota foundation.

It would also be more secure, they could even modify Iota slightly to make it inoperable with others, and if their data is really valuable, the other corporations will pay for it in real money, even in Byteballs.

case closed, take Byteballs, dont use and buy IOTA.
all foundationmembers, especially those who are connected to real industries are not important. forbes/huffington post, techcrunch are all wrong. iota is bad, thank you for opening my eyes.

Wait, are you actually making an argument by appealing to authority, on bitcointalk? Appeal to authority?

No problem, glad to be at your service, if you ask Ill open something else for you than just your eyes. For example a beer.

EDIT: btw, why does Iotatoken membes/foundation-members seem so hostile after mentioning byteball? Does mentioning byteball scare you or give you cancer?

[50cent_rapper]

EDIT: btw, why does Iotatoken membes/foundation-members seem so hostile after mentioning byteball? Does mentioning byteball scare you or give you cancer?

Yea, we are very afraid of Byteball. Now please go out of this thread  

[SatoNatomato]

EDIT: btw, why does Iotatoken membes/foundation-members seem so hostile after mentioning byteball? Does mentioning byteball scare you or give you cancer?

Yea, we are very afraid of Byteball. Now please go out of this thread  

No thanks, Ill stay in this thread and laugh at all the self-appointed important "wise" people. Gonna grab some popcorn too.

You still didnt answer my question though, there is no incentive for a corporation to connect to your nodes and use your tangle, instead of making their own.

[SteveoMB]

EDIT: btw, why does Iotatoken membes/foundation-members seem so hostile after mentioning byteball? Does mentioning byteball scare you or give you cancer?

Yea, we are very afraid of Byteball. Now please go out of this thread  

No thanks, Ill stay in this thread and laugh at all the self-appointed important "wise" people. Gonna grab some popcorn too.

You still didnt answer my question though, there is no incentive for a corporation to connect to your nodes and use your tangle, instead of making their own.

the point is: people do ask questions based on their toilet-thoughts instead of reading all sources necessary to get a solid opinion.

[LiQio]

EDIT: btw, why does Iotatoken membes/foundation-members seem so hostile after mentioning byteball? Does mentioning byteball scare you or give you cancer?

Yea, we are very afraid of Byteball. Now please go out of this thread  

No thanks, Ill stay in this thread and laugh at all the self-appointed important "wise" people. Gonna grab some popcorn too.

You still didnt answer my question though, there is no incentive for a corporation to connect to your nodes and use your tangle, instead of making their own.

To use your example: How would the BMW pay for parking or road pricing or be broadcasting music (assume pay to listen model)?

[Come-from-Beyond]

You still didnt answer my question though, there is no incentive for a corporation to connect to your nodes and use your tangle, instead of making their own.

It's actually an interesting question. So, once again, you are the BMW owner, what advantages will you get if you clone IOTA?

[BiTrading]

You still didnt answer my question though, there is no incentive for a corporation to connect to your nodes and use your tangle, instead of making their own.

It's actually an interesting question. So, once again, you are the BMW owner, what advantages will you get if you clone IOTA?

I wouldn't have to buy Iota tokens. or wait I don't have to own them to use Iota, right?

[Come-from-Beyond]

I wouldn't have to buy Iota tokens. or wait I don't have to own them to use Iota, right?

Right.

[lordoliver]

You still didnt answer my question though, there is no incentive for a corporation to connect to your nodes and use your tangle, instead of making their own.

It's actually an interesting question. So, once again, you are the BMW owner, what advantages will you get if you clone IOTA?

sell the tokens?

[50cent_rapper]

You still didnt answer my question though, there is no incentive for a corporation to connect to your nodes and use your tangle, instead of making their own.

It's actually an interesting question. So, once again, you are the BMW owner, what advantages will you get if you clone IOTA?

sell the tokens?

But you can also sell BMW-s 

[Come-from-Beyond]

sell the tokens?

To whom? To Ford maybe? But they will run their own clone of IOTA

[lordoliver]

sell the tokens?

To whom? To Ford maybe? But they will run their own clone of IOTA

To their customers. we are in the beginning of a new era like the internet was.
At that time some companies created their own part of the internet like AOL for example.
It took a while until it was really decentralized...

So it could be possible, that BMW uses its own token for bmw and daimler its own for daimler...
they can make extra money with it after all...

But lets hope, that you have enough marketing power involved, that it doesn't happen...

[Come-from-Beyond]

So it could be possible, that BMW uses its own token for bmw and daimler its own for daimler...
they can make extra money with it after all...

There is a reason why companies prefer to buy other companies instead of running their own competing departments, so I think your scenario is very unlikely. It's even funny when I imagine BMW (a company with 15 billion EUR of profit) selling tokens of a IOTA clone...

[50cent_rapper]

Yep. Why sell tokens when you can sell BMW-s ? LOL

[lordoliver]

Yep. Why sell tokens when you can sell BMW-s ? LOL

does this make more sense?
https://shop.bmw.com/de_DE/p/PID_76289/

[Come-from-Beyond]

does this make more sense?
https://shop.bmw.com/de_DE/p/PID_76289/

No, it doesn't prove your point. Start from addressing "There is a reason why companies prefer to buy other companies instead of running their own competing departments".

[DIX]

What does bmw have to do with this, I did not see that I bought any token?

[Scott J]

If there are BMW tokens and Daimler tokens, what token will Hertz use when arranging pay per minute rental? And what tokens will AXA use for insurance?

It goes on and on..

Perhaps we need a global standard for this sort of thing.