The possibilities are pretty much endless. I wonder how anyone can sell this at all. I keep looking around for other projects to compare to this one. I see nothing on this board that can not be pretty much taken care of by bay.
I was previously hoping we could use bay for a fast and efficient alt coin trading platform , now I am really hoping that we can. Centralised exchanges are the worst part about crypto.
Yeah who knows. Maybe we can find a way to trade coins for the Chinese for a cheap fee.
It sucks that they are also blocking VPN services over their but that can only block websites, not the client since it's p2p.
So yeah they could hinder downloading the client, but they could still pass it around with various mirror sites I guess.
If they don't want BitBay they could use BitHalo. Creating a trustless underground exchange.
I would hope they can find a way to download a small file like the client from somewhere.
I suppose they could even outlaw P2P altogether? it may be hard to enforce but even one or 2 harsh punishments for using it would probably put the scare into the rest of them.
Is the staking in the market place coming before the pegging or at the same time does anyone know?
I've seached this thread but I can not find the reply or even the question I asked before.
It was how are people creating unbreakable paypal to bay contracts? how about if they chargeback weeks later? how to avoid that?
I'm not sure its possible to outlaw p2p. Think how many connections are made via direct IP. It doesn't make sense. I guess they could flag IP addresses they know use p2p networks but that is sort of weird because that could effect those same IP addresses for other things. They could have web providers limit bandwidth to only certain networks but then users can still use various methods of encrypted data transfer on top of that, "social cryptography"
Even if they could outlaw p2p, that is a long ways away. There is also encrypted tcp maybe something like Demonsaw?
https://www.demonsaw.com/#I'm not sure I understand how demonsaw works though... I realize they make it look like regular web traffic but why can't that be detected by an attacker? If they know the encryption or have the software can they identify hosts or routers?
I think again mesh networks are the BEST way to go so the key is to focus on these problems and solve them before we are stopped from using p2p.
But like I've said the government has their hands full chasing their own tail. And nobody with common sense trusts them anymore(I've eliminated all media and beliefs from my life to defend against it). Its really the worlds only problem (government bullshit and propaganda)
Its really a serious problem. People need to start learning about radio and mesh networks so we can simply bypass ALL telcom. This means cellphones need to be turned into routers first of all. Actually funny thing about that! Most cellphone companies don't allow tethering! Some of the phones need to be rooted to do it. Although I think USB tether is always possible.
The point is cellphones must be 3d printed, routers 3d printed. Small "satellite" systems using 3d printed solar powered balloons and repeaters (maybe hidden in plain sight)
Everything needs to be 3d printed to finally destroy the monster that is the media. The media should be extinct, its a billion times more important than "decentralized money". And controlling the internet is already being done! They are usually a few steps ahead of the citizens. You can't get honest search results in google, almost every subject taught in "school" is false (and I mean no exceptions, it really is all deliberately deceptive). Okay sure there are exceptions in basic math and basic engineering. But even the worlds best patents are suppressed so we get taught 2nd rate engineering too. And our math is horribly structured with paradoxical thinking (axiom of choice, nonsense irrational numbers). True math is "finitism" as per example by Norman Wildberger
When we have 3d printers that can rotate materials, we can open source electronics and end the ridiculousness of suppressed technology.
So thats my rant on that subject. I don't see p2p being outlawed any time soon but the media has got to go. People should subvert telcom altogether and come up with a true mesh network that can never be shut down. Realize if there was a big war or they shut down the internet Bitcoin will go down with it.
As for the staking, yes it WILL be available before pegging. Actually its the next update! With a bunch of other features and it might include advanced payments. It depends if I finish this update soon I can do it in two small updates or one big one.
Paypal some people have done it, if you do "cash for coins" you will see it is NOT recommended as a payment method. The recommended payment methods are cash deals with western union and moneygram etc.
If you want to avoid chargebacks in Paypal, hold their funds for 30 days or until they message Paypal saying that the deal went through fairly and they will not chargeback.