Re:BitTorrent is selling for $140M to Justin Sun and Tron
by faizanbhat on Tuesday June 19, 2018 @10:46PM
(#17352167)
Could you elaborate on why you believe security tokens to be a bad idea?
Re:BitTorrent is selling for $140M to Justin Sun and Tron
by brokensegue on Tuesday June 19, 2018 @11:35PM
(#17352374)
To quote some random other person here:
> It's awesome until your private key gets stolen and suddenly a hacker in Russia owns your house.
I like the legal system. The transactions I'm involved with are already cheap and the non-cheap transactions aren't made cheaper with the blockchain.
Re:BitTorrent is selling for $140M to Justin Sun and Tron
by GuthL on Wednesday June 20, 2018 @07:19AM
(#17354287)
Why could not you have both ? No one said that you need Securities transactions to be irreversible. STO can bring more liquidity to property assets and simplify dramatically otherwise complex financial operation (title emission, splitting of subsidiaries and so on).
I do hate the point that talks about adoption when we are talking of a technology that has less than 5 years of age (Ethereum for that matter). I hear it a lot and I cannot stop myself to think that this is the same kind of reasoning could have been use again Amazon in 1996 (Bookstore are a small business and Internet has no adoption)
Re:BitTorrent is selling for $140M to Justin Sun and Tron
by brokensegue on Wednesday June 20, 2018 @11:04AM
(#17356071)
bitcoin is closer to 10 years old really
Security tokens are a Bad idea.
Dai is basically only useful for speculating on cryptocurrencies and so I dismiss it like I dismiss exchange dapps. This whole industry can't be built on speculating on the value of nonces.