BitShares Loves Puppies

[StanLarimer]

Here's a nice short and easy to understand explanation of What Is A BitAsset? by Kyle Torpey in the UK.

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[StanLarimer]

** DISCLAIMER **

While BitShares does indeed love puppies, this is not to say that all puppies share BitShares' non-violent philosophy about how to deal with distasteful things like, say, cats.

We neither condone nor tolerate this kind of puppy behavior!

In fact, long ago (well weeks and weeks ago, actually) Bytemaster did an interview with Max Wright talking about Where Can Blockchain Technology Take Us?

It's far more than just crypto-currencies or even decentralized exchanges producing stabilized smart coins.  It talks about engineering non-violent solutions to everything.

In this video I am interviewed by Max Wright about where BitShares and blockchain technology are going to take us. I go into the importance of non violence combined with profit motive and not giving up on the search for technological solutions for securing our life, liberty, and property. 

--Bytemaster

[StanLarimer]

I enjoyed this whole thread. 
Here's an excerpt that will take you to the whole thing if interested...

I think the reason it i unlikely is the lack of leverage in the bts system.

Consider with $1million dollars you can control half a billion dollars worth of gold on the COMEX.   That is why in those markets the tail wags the dog. ie:The paper price of gold dictates the physical price of gold.

On BTS 1 million dollars would only allow you to control $500k of gold at best.   There is no chance of the tail wagging the dog on bts. But even if it did, then the COMEX and other markets demonstrate that when paper products out number physical supply the markets still function.... until they don't.

And this is how BitShares represents a fundamental new technology for the creation of honest markets,  insentivizing a higher level of honesty in all markets.

I love BitShares.

[StanLarimer]

Max Wright Does it Again

Decentralized Bitcoin Exchange

This is a great video that explains how you can trade bitcoins free of nearly all counterparty risk.

Here are a couple screen shots to pique your interest...

[DecentralizeEconomics]

[StanLarimer]

I guess my marketing guys were finally right - it was just a matter of holding out long enough!
(Rats, I lose my OP bet.)

Welcome DE - We needed some more eyeballs here.  
(The NXT guys had apparently conceded that dogs are much better judges of great crypto companies than cats.)

Nobody wants to read a thread where everybody agrees.
(Although I guess they all might agree that I would make a good used car salesman.)

"Honest Stan's Used Crypto Keys"

Hmmmm.   I like the sound of that.

 

[StanLarimer]

DELEGATE PROPOSAL OF THE WEEK

From time to time I like to pick out a great delegate proposal and highlight it here so readers can get a flavor for how much is going on with the BitShares platform.

Here's a candidate who has offered to advance the community 1 year's salary up front if he is elected as a delegate.  Essentially lending the network 1.5 million BTS to be repaid out of a delegate revenue stream.   The loaned funds allow other mini-projects to be funded up-front without having to wait for funding for them to be accumulated.  This is a great opportunity for little guys to get funded and prove themselves before they might otherwise be able to win election as a delegate themselves.  

Great business model!

Of course, anyone on this forum is welcome to submit such a proposal,
(either as a delegate like bitsharesbreakout or to work on one of bitsharesbreakout's sponsored mini-projects.)

Check out his web site at bitsharesbreakout.com

https://bitsharestalk.org/index.php?topic=13500.msg176337#msg176337

Delegate : fund.bitsharesbreakout

http://bitsharesblocks.com/delegates/delegate?name=fund.bitsharesbreakout

Site : http://bitsharesbreakout.com

Objective : To fund critical projects on an as needed basis without waiting for delegate funds to accrue.

Initially, as a show of good faith, there will be 1.5 Million BTS available for funding projects.

Anyone can start submitting project proposals now.  If approved, and BitsharesBreakout is elected, the funds will start flowing.
1.5 Million BTS is not a lot but its roughly 1 years worth of delegate pay.  By electing BitsharesBreakout you're making those much needed funds available now.


Update: I've begun funding projects before getting elected.  
In addition, Community members can support specific projects by sending donations to:
BTS: bitsharesbreakout
   
with a memo of the desired project to support.  

These donation will be payed back in a first in first out manner as delegate funds are receive.  
Note: there is no guarantee the delegate will be elected and therefor no guarantee your donations will be refunded.  



Funds Flow:  10% will be kept by BitsharesBreakout to cover expenses and compensate my time and service.
90% will be used to fund projects and/or repay pre-funded projects
Any funds received in excess of funded projects will be burned unless there is some reason to accumulate for a larger project.

Because BitsharesBreakout is prefunding with 1.5 million BTS.  
The community essentially has 1 year to evaluate the performance of BitsharesBreakout and its sponsored projects.

If at anytime it is deemed that BitsharesBreakout is not acting honestly or hasn't produced quality results with spent funds.  
BTS voters can remove the delegate and BitsharesBreakout will take the loss.

At this time I am the sole controlling member of BitsharesBreakout, and I consider the entire community my advisers.  
All major projects requiring a large sum, will likely be discussed with community members thoroughly before funding.  

Some initial examples of possible/probable projects that will receive funding:
Exchange integration
Gateway development
Developer incentives
Marketing projects/materials

I fully expect most submitted project proposals will not be accepted, as I am looking for high quality, critically important projects to fund.

Please visit http://bitsharesbreakout.com and submit you project for review.
*bear in mind I am not a web developer so the site is nothing fancy and currently lacking some functionality/content.

Please vote now and support this delegate : fund.bitsharesbreakout

http://bitsharesblocks.com/delegates/delegate?name=fund.bitsharesbreakout

feedback is welcomed and encouraged.  Thanks.

Community Donation Support:

* onceuponatime
* cass
* bitscape
* Aloha
* pheonike

Thank You!

UPDATES
Update#1: Funded projects : Rap Song & Info-Graphics
Update#2: Funded projects : Raffle Giveaway

[StanLarimer]

Ooops, I almost forgot.

Here a set of links to the mini-project proposals that have been submitted so far.

BitSharesBreakout Proposals Seeking Votes

Maybe it will give you some ideas?

[DecentralizeEconomics]

[StanLarimer]

I typically try to respond only to polite questions, but let's face it, the funny and creative pictures above are about as polite as DE ever gets.

So in the interest of cutting him some slack, I'll restate the implied questions above as if they came from DE's (possibly fictitious) polite and honorable non-identical twin sister.

Polite and Honorable DE:  Hey Stan, I agree with you about the relative merits of Dogs and cats, but there is something else that is really bugging me.  You guys are supposed to be passionate Austrian Libertarians yet seem to be backing away from certain forms of communication with the public all of a sudden.  I hear you've even hired a PR spokesman, how Libertarian is that?  Won't that conflict with your past reputation of trying to be the most open and transparent development team?  I really loved how you used to share every thought and idea as soon as it entered your head.  I hear some on your own forum are even upset about not having as much direct access to Bytemaster as they used to get all the time.   What's up?

Stan Larimer:  Why, thank you Polite and Honorable DE!  If you have such a question, I'll bet there are lots of other people wondering the same thing.  Below is the explanation I recently posted over on bitsharestalk.org.  I might as well post it here too, for your convenience and edification!

The Value of Public Relations

Most seem to agree that BitShares needs better public relations.  We have all seen what happens when we do it wrong!  Nobody has ever done public relations for a decentralized company before, so we have to figure it out on the fly, just like all the other things we are doing for the first time in history.  We want to preserve the decentralized nature of BitShares while maintaining a coherent public message. That is what we have been working to sort out in recent weeks.  We hope you will be patient with our temporary lull in communications while we get our coherently decentralized PR act together.

Wikipedia defines Public Relations in this way (emphasis added):

Public relations (PR) is the practice of managing the spread of information between an individual or an organization and the public.  ... The aim of public relations is to inform the public, prospective customers, investors, partners, employees, and other stakeholders and ultimately persuade them to maintain a certain view about the organization, its leadership, products, or of political decisions. ... Public relations specialists establish and maintain relationships with an organization's target audience, the media, and other opinion leaders.

Common activities include designing communications campaigns, writing news releases and other content for news and feature articles, working with the press, arranging interviews for company spokespeople, writing speeches for company leaders, acting as organization's spokesperson by speaking in public and public officials, preparing clients for press conferences, media interviews, and speeches, writing website and social media content, facilitating internal/employee communications, and managing company reputation and marketing activities like brand awareness and event management. Success in the field of public relations requires a deep understanding of the interests and concerns of each of the client's many publics. The public relations professional must know how to effectively address those concerns...

Our goal is to correctly anticipate the needs and reactions
of all of our "many publics".  

These would include:

• Those who are interested in discussing/participating in the technical developments.
• Those who are interested in the economic and libertarian ideals behind BitShares.
• Those who want to invest in BitShares without dealing with frequent unsubstantiated rumors.
• Those who just want to enjoy BitShares products and services with the same level of clear information they would have with any other business, including BitAsset users and potential merchants.
• Potential partners whose own PR image may depend on ours.
• Regulatory authorities.
• Industry opinion makers.
• Competitors and sources of deliberate disinformation.

In the past we have happily enjoyed free-wheeling interactions with a broad audience at bitsharestalk.org. This has often led to our casual forum statements being misunderstood, especially when translated into many languages around the globe or misrepresented by those seeking to cause trouble. So we are actively reworking our communication strategy by developing a formal channel for releasing information to all parts of the world simultaneously with consideration of the different demographic groups and cultures that have an interest in BitShares.

What works best for each of these groups does not necessarily work well for the others, so a few compromises will be necessary. But, we are trying to get better at meeting the needs of all.  We are currently in discussions with representatives from many of these groups and hope to reach a consensus that will satisfy them all in the near future. We're glad to say that we're making progress in formulating a better approach than we have had in the past. One that is  more fair to everyone.

In the mean time, the developers are still working hard on development.

So, nothing has changed about what we believe or where we are going.  We are just becoming a bigger family and learning how to deal with the unique needs of all of its members.

Success will be achieved when we are able to give everybody open access to all information in a form that is clear, concise, complete, current, consistent, considerate and compatible with the needs of all BitShares stakeholders.

[DecentralizeEconomics]

[fundomatic]

Here's a candidate who has offered to advance the community 1 year's salary up front if he is elected as a delegate.  Essentially lending the network 1.5 million BTS to be repaid out of a delegate revenue stream.   The loaned funds allow other mini-projects to be funded up-front without having to wait for funding for them to be accumulated.  This is a great opportunity for little guys to get funded and prove themselves before they might otherwise be able to win election as a delegate themselves.

I find this application of DPOS amazing.

[StanLarimer]

If you have a good idea, might as well contact him about it...

 

[CIYAM]

http://www.reddit.com/r/counterparty_xcp/comments/2y0apx/contract_news/

Any reaction to that (I don't believe that any puppies were hurt btw) ?

[StanLarimer]

As long as no puppies were hurt, we wish them well.

[StanLarimer]

Hey guys!  There is no better way to find out what's going on in BitShares than to check out the March Newsletter.

This newsletter is unique because it is written by the delegates themselves (developers, marketeers, and service providers). 
Each of these small businesses reports on what it is doing with their funding - which gives you an overview of the whole ecosystem.
I was amazed at the scope of projects that are now going on, with more appearing almost weekly.

(Bytemaster and I have to read the newsletter ourselves these days to find out everything that is happening.)

So our goal of a completely decentralized ecosystem is becoming more of a reality every day!

 

[Come-from-Beyond]

Hey guys!  There is no better way to find out what's going on in BitShares than to check out the March Newsletter.

29 pages and 0 pics of puppies. This is bad. Very very bad.

[HalFinneysBrain]

I just read the newsletter.  Wow, apparently there are 10x as many things going on in Bitshares as I thought there were.  I had no idea most of these projects even existed.

This activity should be the counterevidence to DecentralizedEconomics claims that Bitshares is a scam.  Might be time to buy more now that the price is low again and there seems to be a lot going on.

[EvilDave]

We need some kittens.....



There, all sorted.

[StanLarimer]

They are very cute, but that's just a disguise.

(And you must admit, they are incredibly centralized in that picture.)

Far too many cats per square mile, if you ask me.