Nile: decentralized, commission-free, local-economy focused Amazon alternative

Re:Nile: decentralized, commission-free, local-economy focus... by antidesitter on Monday August 06, 2018 @02:45PM (#17700361)

cryptocurrency is clearly the wrong solution to this problem

Why is it the "wrong" solution to making a decentralized marketplace? What's the "right" solution?

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Re:Nile: decentralized, commission-free, local-economy focus... by Sir_Cmpwn on Monday August 06, 2018 @02:54PM (#17700486)

I've spoken about that in other branches of this thread. This tree is getting too deep, just read my other comments.

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Re:Nile: decentralized, commission-free, local-economy focus... by antidesitter on Monday August 06, 2018 @03:08PM (#17700664)

Can you indicate which comment you're referring to?

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Re:Nile: decentralized, commission-free, local-economy focus... by acct1771 on Monday August 06, 2018 @06:56PM (#17702492)

The one where he says "Let MasterCard/VISA/US Gov control the digital economy."

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Re:Nile: decentralized, commission-free, local-economy focus... by antidesitter on Tuesday August 07, 2018 @01:03AM (#17704000)

Let MasterCard/VISA/US Gov control the digital economy.

And how is this a decentralized marketplace?

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Re:Nile: decentralized, commission-free, local-economy focus... by tekknik on Monday August 06, 2018 @09:02PM (#17703110)

what exactly are you trying to buy where any of those parties would care? I personally don’t care for another silk road. Anything else I buy I’m completely fine with any of those companies and my gov knowing

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Re:Nile: decentralized, commission-free, local-economy focus... by acct1771 on Tuesday August 07, 2018 @09:08AM (#17706188)

A Wikileaks tshirt...?

Why take the risk, when we can handle it ourselves?

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Re:Nile: decentralized, commission-free, local-economy focus... by DoctorOetker on Tuesday August 07, 2018 @09:19AM (#17706275)

disregarding contraband, lots of people distrust the non-transparent bidding system on centralised platforms

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Re:Nile: decentralized, commission-free, local-economy focus... by s73v3r_ on Monday August 06, 2018 @02:54PM (#17700482)

Something that the local people are actually using.

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Re:Nile: decentralized, commission-free, local-economy focus... by antidesitter on Monday August 06, 2018 @03:08PM (#17700662)

Can you be more specific? Are you referring to cash?

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Re:Nile: decentralized, commission-free, local-economy focus... by baq on Monday August 06, 2018 @04:17PM (#17701377)

Exactly. Or credit/debit cards.

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Re:Nile: decentralized, commission-free, local-economy focus... by antidesitter on Monday August 06, 2018 @05:25PM (#17701914)

How do you propose cash transactions be carried out over the internet?

How do credit/debit cards satisfy the proposition of a decentralized marketplace?

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Re:Nile: decentralized, commission-free, local-economy focus... by s73v3r_ on Monday August 06, 2018 @06:59PM (#17702506)

"How do credit/debit cards satisfy the proposition of a decentralized marketplace?"

They're something that most people are actually using, allowing the marketplace to actually conduct commerce and exist.

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Re:Nile: decentralized, commission-free, local-economy focus... by antidesitter on Monday August 06, 2018 @08:28PM (#17702943)

Does a cryptocurrency-based market not conduct commerce and exist right now?

And again, how do credit/debit cards—which are centralized systems—satisfy the proposition of a decentralized market?

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Re:Nile: decentralized, commission-free, local-economy focus... by s73v3r_ on Tuesday August 07, 2018 @11:59AM (#17707789)

Not for most people, no.

"And again, how do credit/debit cards—which are centralized systems—satisfy the proposition of a decentralized market?"

They allow the market to actually exist, by using something that the people are actually using.

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Re:Nile: decentralized, commission-free, local-economy focus... by antidesitter on Tuesday August 07, 2018 @03:09PM (#17709600)

They allow the market to actually exist

But a decentralized market does exist with cryptocurrencies.

And credit/debit cards aren’t decentralized.

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Re:Nile: decentralized, commission-free, local-economy focus... by s73v3r_ on Tuesday August 07, 2018 @06:15PM (#17711363)

"And credit/debit cards aren’t decentralized."

Doesn't matter. That's what the majority of people are using; so if you want the marketplace to actually be able to serve people, and get them to actually buy stuff, you need to support them.

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Re:Nile: decentralized, commission-free, local-economy focus... by antidesitter on Tuesday August 07, 2018 @08:29PM (#17712198)

What the majority of people are currently using is irrelevant. The whole topic of this thread is creating decentralized markets, and you're saying the fact that these payment processors are centralized doesn't matter. That doesn't make any sense.

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Re:Nile: decentralized, commission-free, local-economy focus... by PascLeRasc on Wednesday August 08, 2018 @01:37PM (#17717780)

It sounds like a good compromise would be to allow people to check out with a credit card/paypal and have an instant conversion to BTC behind the scenes, maybe with a 2% fee or something.

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Re:Nile: decentralized, commission-free, local-economy focus... by s73v3r_ on Wednesday August 08, 2018 @01:47PM (#17717861)

"What the majority of people are currently using is irrelevant. "

Not if you actually want your marketplace to be able to, you know, sell stuff to people.

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Re:Nile: decentralized, commission-free, local-economy focus... by antidesitter on Thursday August 09, 2018 @10:51PM (#17730343)

I see you conveniently ignored the rest of my comment.

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Re:Nile: decentralized, commission-free, local-economy focus... by tekknik on Monday August 06, 2018 @09:05PM (#17703125)

Perhaps the idea of a decentralized marketplace is a bad idea? What benefit does this actually give me in my everyday life where I don’t need to buy toilet paper anonymously?

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Re:Nile: decentralized, commission-free, local-economy focus... by antidesitter on Tuesday August 07, 2018 @01:00AM (#17703977)

Perhaps the idea of a decentralized marketplace is a bad idea?

Clearly not for the people using it right now.

What benefit does this actually give me in my everyday life where I don’t need to buy toilet paper anonymously?

Are you asking why someone would want to transact anonymously?

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Re:Nile: decentralized, commission-free, local-economy focus... by s73v3r_ on Tuesday August 07, 2018 @11:59AM (#17707782)

For most things, most people don't care.

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Re:Nile: decentralized, commission-free, local-economy focus... by PascLeRasc on Wednesday August 08, 2018 @01:28PM (#17717701)

Craigslist does fine [grasping for a number] 95% of the time.

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Re:Nile: decentralized, commission-free, local-economy focus... by arisAlexis on Monday August 06, 2018 @06:31PM (#17702358)

they just don't

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Re:Nile: decentralized, commission-free, local-economy focus... by arisAlexis on Monday August 06, 2018 @06:31PM (#17702352)

its not difficult to understand that if you make this system with existing currencies it is centralised by default since the payment processors can and will enforce restrictions. then why make it decentralised?

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