Message from @Atkins

Discord ID: 520716627742818304


2018-12-07 21:35:23 UTC  

oooh... which shitcoin is best?

2018-12-07 21:35:26 UTC  

and that will probably never happen honestly

2018-12-07 21:36:05 UTC  

brave wallet may have the best odds -no idea what the politics there are

2018-12-07 21:36:19 UTC  

idk which is best, i just see how Ethereum is constantly growing it's infrastructure

2018-12-07 21:36:29 UTC  

them problem is not with *a* particular service

2018-12-07 21:36:40 UTC  

there are only a handful of card processors

2018-12-07 21:36:47 UTC  

and they can shut them down

2018-12-07 21:37:20 UTC  

yeah, we need the whole blockchain deal, all of that stuff being there

2018-12-07 21:38:23 UTC  

how does a dedicated blockchain provide a path to rederal reserve notes that is any cleaner that a bitcoin transaction today?

2018-12-07 21:38:34 UTC  

*than a bitcoin...

2018-12-07 21:39:08 UTC  

... and if you have to set up ACH... why not just authorize directly

2018-12-07 21:40:27 UTC  

bitcoin is just a currency, we need infrastructure, banks, blockchain-based servers, AI farms

2018-12-07 21:41:12 UTC  

a bank would be the first step

2018-12-07 21:41:12 UTC  

Clear, open and safe ways to deal with this shit

2018-12-07 21:41:26 UTC  

well

2018-12-07 21:41:34 UTC  

a financial institution that would process payments for anything legal

2018-12-07 21:41:34 UTC  

find some S&L in some dead rustbelt town

2018-12-07 21:41:36 UTC  

and buy it

2018-12-07 21:41:57 UTC  

or do a deal with them

2018-12-07 21:41:58 UTC  

it would probably need to be private

2018-12-07 21:42:10 UTC  

You sound like there aren't tons of guys who are working on it as we speak :]

2018-12-07 21:42:10 UTC  

privately owned i mean

2018-12-07 21:42:37 UTC  

because shareholders would be risk-averse and demand you cowtow to authoritarians to avoid risk

2018-12-07 21:42:45 UTC  

if you have the bank, what is the point in all the blockchain overhead?

2018-12-07 21:43:28 UTC  

yeah that's kind of my point. the blockchain stuff might have uses, but the fundamental problem is you need a friendly bank that won't put up with shit from SJWs in order to fund anything.

2018-12-07 21:43:43 UTC  

the bank has to come first.

2018-12-07 21:43:57 UTC  

you could find a bank

2018-12-07 21:45:07 UTC  

hypothetically there could be a privately owned bank that would get involved in this. some small institution for high-risk businesses, like porn, guns, tobacco, etc.

2018-12-07 21:45:14 UTC  

I'll be awaiting paradigm's solution with baited breath.

2018-12-07 21:45:31 UTC  

I am not working on payments

2018-12-07 21:45:55 UTC  

I think the single solution approach for payments is stupid

2018-12-07 21:45:56 UTC  

but finding it won't be easy because these institutions don't advertise and still exist to make money.

2018-12-07 21:46:25 UTC  

Meanwhile, there are a number of crypto solutions which are just around the corner. Some of which do not use blockchains at all.

2018-12-07 21:46:39 UTC  

good

2018-12-07 21:46:46 UTC  

they will come, and they will go

2018-12-07 21:46:59 UTC  

eventually something might reach critical mass

2018-12-07 21:47:03 UTC  

Do you have a whitepaper?

2018-12-07 21:47:07 UTC  

Sure.

2018-12-07 21:47:31 UTC  

no, I am not writing a whitepaper

2018-12-07 21:47:44 UTC  

I was thinking about it, btw. Blockchain is perfect for social media.