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Author Topic: BakCoin (was: decline in listening nodes)  (Read 2447 times)
tvbcof
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June 02, 2012, 07:40:08 PM
 #61

At this point, this thread is a waste of time.  I wish I could stop getting it to show up in my 'Show new replies to your posts." link.
It's so nice to see so many other valuable contributions like yours showing up and adding to the value :^)

Themos would probably consider a well constructed patch to the software he is running.

Never mind.  I just noticed that you seem to use posts as free advertising for whatever you think might make you some bucks or whatever.  That explains your rather pointless spam.  If I cared enough I would validate my hypothesis to see if you ever really post anything of value...but I don't.

Maybe I'll submit a patch to clean up the mess from freeloading captains-of-industry-in-waiting like yourself.

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tvbcof
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June 02, 2012, 09:51:29 PM
 #62


One (possibly last) thing I'll say for a while is this:

I never expected (in my thought experiment) that 'bakcoin' would form a dominant body of value for any alternate crypto-currencies.  That would be formed by their own merit mainly.  Such things would include:

 - the strength of the developent community and user base.
 - the design and implementation
 - other forms of more tangible backing (USD, BTC, Gold, whatever.)
 - the market segment they occupy
 - and on and on

Further, a good design would either neglect the modest 'support niceties' that Bakcoin might be able to supply (like a secured scratchpad) or at least design such that it is a dispensable item eventually.  This would allow them to migrate away from any reliance on 'bakcoin' in the future.

For these reasons, there would be a reasonable expectation that an alternate crypto-currency could retain some or all of it's value even if Bakcoin itself crashed and burnt.  Of course Bakcoin would try very hard not to do so.

Ideally 'bakcoin' would serve as a set of 'training wheels' for the most part.  It's main goal is to incubate new and better crypto-currency solutions which are providing a variety of options to end users.


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