Being conscious not to seem as if I am preaching from some sort of Ivory tower, I try to avoid making blanket statements about my views of the Crypto sphere. Things come up and within the delicate space that we are in it is difficult to have a constructive debate about their significance or effect without causing non thoughtful comments.
With this in mind I would like to suggest listening to the entire sound bite
HERE.If you have read more than one or two of my posts, you will know that I have mentioned OpenTransactions. I have been following their development for more than a year now, so not from the beginning.
Opentransactions is my inspiration for starting and launching the Cryptos I have.
Using the word corporate within crypto terms is close to sacrilege, but being able to pass things from generation to generation requires an understanding that know two Parts of any economy can ever be controlled by one entity. Each and every one involved needs to be accountable.
This is why I have chosen first generation protocols to create a second generation experience, this cannot be achieved with a single crypto with its own trading platform and reliant coloured coins.
An Ideal would be the following
1. Exchanges that serve as gateways to notaries( Cryptos have built in stability measures)
2. Notaries or federated servers will hold and stand surety for individual servers
3. Anyone with an amount of Diamondback/Silverback will be able to place that with the Notaries and set up shop (private servers) to trade within those limits.
Within the discussion it is safe to say that I am more in tune with the first part than the second, but have one or two differences, as with the second part where I agree on one or two.
Opentransactions
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