Hello, Mr. Zimbeck.
I know you are mentioning a Peg right.
I was thinking if you can't create some kind of "pragmatic peg" / dynamic peg? I mentioned this to craig but would love your response David. What I mean by this type of peg is that, you want the currency to be stable for traders, however investors also want to profiteer out of the currency. Why don't you make this, and I label it a dynamic or pragmatic peg, so that the value of the transaction remains the value at the time of the contract's creation, however the currency itself can continue to appreciate (or this peg may be a time-stamped OPTION for the traders / users of Bay rather than an ENFORCED standard/peg, what do you think?), while smart contracts lock up their value relative to the value at the time of their creation, and changes with the fiat changes or other changes, but in this lock or contract the BAYS would retain the old value at the time of the creation? Do you not think This would serve a better, unified dual purpose, kind of make the currency "two-handed"? I'm not very smart, so I'd love to tell you how this is maybe a stupid suggestion... But I think a peg could kill it as something that people want to POS stake their wallets in unless I think my suggestion can be successfully implemented? I don't want to impose my opinion that's why I'm asking, I really think it might be a good idea, although I'm not quite sure exactly what I mean, you see? Do you?
Also, the layout of the market really still. When you open it, I studied [also business linguistics in a 4 year BA in linguistics and literature] with and was also a web/graphics designer for years (my dad's a comp. science lecturer, I call him Cannibal Lecturer we don't get along - no, not Hannibal Lector...), and there is a "visual grammar" (a term used in business linguistics) and I can tell you now that your market place needs visual lay-out readjustments. If you are willing to listen to some advice regarding that I'd really appreciate if you'd PM me. I've had to create this new account as its been over a year since I've been on here.... and my other details are just mangled and the damn security question threw me way off...!
AAaaanyways - who wants to hear my opinion? Its not about my opinion, its about what I know more mature business professionals will think about this software based merely on its appearance, this in relation to business linguistics schemata (reference frameworks - I don't want to cite academic literature here). I don't want to be rude since I am also still young at heart but some of your "rants" regarding your defending your honour understandably from two treacherous rats, by them [your rants about the rats who envy you your integrity] I could already guess that you were not already in your mid-thirties, but I didn't want to be rude and ask Craig, as I had peppered him with questions via email. Today I went to the "Team" section of bitbay.market and as I had guessed you're quite a young guy - with a lot of fucking integrity and pragmatism. Fuck, Mr. Cinderalla is home alone again on Saturday. God. Involuntarily hermitized by society. Oh well. I love being alone, but do sometimes feel lonely. Awooooooooooooooo HOOOOOO!!! HAHAHA!
And the mentioned details by cryptohunter are awesome but they are so intricate and futuristic that I'm afraid only technocrats would appreciate it. Its not an "intuitive software". It needs to somehow be more accessible to dimwits like myself due to its wide variety of use cases, especially making people understand that they don't need an executor of an estate in order for their children to receive the funds, but can actually trust a machine to do it? Most people wouldn't trust "a" machine, of course I use that as metaphor, I'm not being literal.
Always great to get a new person with suggestions and ideas regarding bitbay. I'm sure David and the rest of the team will be very open to hearing you out on improvements on layout and things like that.
Please dont vanish to slack like everyone else... stick on the thread from time to time so we can get some conversations and community spirit going back on this forum.
I agree with your points and getting people to put their offsprings future into the hands of a decentralised trustless "machine" will be tough at first and perhaps for a long time. However that is just one tiny use case and there are some technocrats about
but yes we 100% need to make it accessible and indeed desirable to those that are not tech heads ( im not a tech head at all btw). I think the first real steps were the web based wallet and when we have a full market app (in the long term) people will start to come around.
The thing is this... I see davids role more as making it accessible to other teams more than the end user at first.
The reason is the use cases are so vast and so varied to make all of them as easily accessible and desirable to the end users would be impossible
I am not sure though how what skillset even devs would need to have to build out their own websites and apps on top of bay after the api is opened up. The trick here is making it as easy as possible whilst also making it as easy as possible for them to derive income from their designs.
Perhaps it would be possible for david to turn making that accessible to other development teams to another coder without them having deep knowledge of bays design i am not sure.
Mean time david could 100% code out the savings bonds, pegging, and improve the markeplace and make a start of web versions and pass app building over to some other team..
We do need a development funding mechanism coded it ... we have the decentralised voting already to vote on how to use the development funding. I think the variable rate savings bonds can provide funding or just a tax on the POS. Either way whales and small investors if they thought these funds are going directly to fund faster development I am sure all but the most short sighted would vote in favour.
Anyway yeah welcome to bitbay