Topic: DATA - Authority or Association? - page 3. (Read 5548 times)
It's a shame that they didn't go with Association. Sooo many lulzy DAT Ass jokes to be had.
The Bitcoin Identity
The Bitcoin Supremacy
The Bitcoin Ultimatum
The Bitcoin Legacy
The Bitcoin Redundancy
The Bitcoin Supremacy
The Bitcoin Ultimatum
The Bitcoin Legacy
The Bitcoin Redundancy
Awesome. What percentage of your clients use it? Do you offer a discount as an incentive? Curious to know as ill be implement bitcoin payment options soon on a few website I administer.
Well, I just reopened after having some issue and spending some time getting making sure everything was legal, so I've only had one sale, but it was paid for with Bitcoin.
I don't offer any discounts over cash because I charge the MAP (minimum allowed price) on all items, so charging less would cause problems.
Even if I never get another BTC sale, it's worth it, it took 5 minutes to set up BitPay so who cares?
The D.A.T.A. founders chose not to use "Association" because they did not want to be seen as a "trade association", "Agency" was too formal and structured so they settled on "Authority" (with the Latin connotation not necessary the modern English connotation).
Cheers. Thanks for posting. It's funny how no matter what they chose (assoc, agency, authority) they could've kept the same kickass acronym 
Awesome. What percentage of your clients use it? Do you offer a discount as an incentive? Curious to know as ill be implement bitcoin payment options soon on a few website I administer.
Accept bitcoin!
I do!
TxT is the first (and I think only) paintball store to accept Bitcoin.
Accept bitcoin!
SRO's are part and parcel of every industry. Think American Bar Association, American Board of Radiology, etc...most likely, these organizations (including DATA) will have only indirect influence in your life.
Most likely, but it is because of PCI's pain in the ass requirements that TxT Paintball does not accept credit cards.
SRO's are part and parcel of every industry. Think American Bar Association, American Board of Radiology, etc...most likely, these organizations (including DATA) will have only indirect influence in your life.
I was not referring to you specifically but in this thread and others it seems the M.O. is to shoot first then ask questions later.
It is always good in anything bitcoin related to have a healthy skepticism.
I too have concerns about any central "authority" self-regulated a decentralized peer-to-peer technolocy in a way that all stake-holders are represented fairly, so I am interested in individuals real and specific concerns that are not just "FUCK the FED" and "FUCK authority" (which you have to admit there is a lot of in these parts).
It is always good in anything bitcoin related to have a healthy skepticism.
I too have concerns about any central "authority" self-regulated a decentralized peer-to-peer technolocy in a way that all stake-holders are represented fairly, so I am interested in individuals real and specific concerns that are not just "FUCK the FED" and "FUCK authority" (which you have to admit there is a lot of in these parts).
Exactly.
I was not referring to you specifically but in this thread and others it seems the M.O. is to shoot first then ask questions later.
It is always good in anything bitcoin related to have a healthy skepticism.
I too have concerns about any central "authority" self-regulated a decentralized peer-to-peer technolocy in a way that all stake-holders are represented fairly, so I am interested in individuals real and specific concerns that are not just "FUCK the FED" and "FUCK authority" (which you have to admit there is a lot of in these parts).
It is always good in anything bitcoin related to have a healthy skepticism.
I too have concerns about any central "authority" self-regulated a decentralized peer-to-peer technolocy in a way that all stake-holders are represented fairly, so I am interested in individuals real and specific concerns that are not just "FUCK the FED" and "FUCK authority" (which you have to admit there is a lot of in these parts).
The D.A.T.A. founders chose not to use "Association" because they did not want to be seen as a "trade association", "Agency" was too formal and structured so they settled on "Authority" (with the Latin connotation not necessary the modern English connotation).
See finra.org.
Too many conspiracy theorists around here. This is a group of concerned businesses who are trying to make a difference with respect to the onerous regulation here in the US and elsewhere where short-sited government regulations impede innovative technology as it relate to virtual currency and emerging payments.
Hope that helps.
See finra.org.
Too many conspiracy theorists around here. This is a group of concerned businesses who are trying to make a difference with respect to the onerous regulation here in the US and elsewhere where short-sited government regulations impede innovative technology as it relate to virtual currency and emerging payments.
Hope that helps.
I'm not sure if you were referring to me, but I am not a conspiracy theorist. I do have mixed feelings about DATA though, which is why I wrote this post.
Also you should read this.
http://www.cato-unbound.org/issues/july-2013/private-digital-economy
The first essay an excellent analysis of bitcoin as money.
http://www.cato-unbound.org/issues/july-2013/private-digital-economy
The first essay an excellent analysis of bitcoin as money.
The D.A.T.A. founders chose not to use "Association" because they did not want to be seen as a "trade association", "Agency" was too formal and structured so they settled on "Authority" (with the Latin connotation not necessary the modern English connotation).
See finra.org.
Too many conspiracy theorists around here. This is a group of concerned businesses who are trying to make a difference with respect to the onerous regulation here in the US and elsewhere where short-sited government regulations impede innovative technology as it relate to virtual currency and emerging payments.
Hope that helps.
See finra.org.
Too many conspiracy theorists around here. This is a group of concerned businesses who are trying to make a difference with respect to the onerous regulation here in the US and elsewhere where short-sited government regulations impede innovative technology as it relate to virtual currency and emerging payments.
Hope that helps.
This word usage can be:
a) an intended misnomer for lulz given the number of anarchists using Bitcoin or
b) an intended misnomer to prank the so called ''gov authorities'' (I almost sense the following Monty Python like situation: DATA guys meet statist bureaucrats in a room; both parties have ''authority'' word on their business cards; which party has more authority? I have more authority! No, I have more authority! - my ''authority' word has a bigger font, etc.) or
c) a sign the guys using DATA name to do business have no touch of the reality (they will be laughed at both by Bitcoiners and bureaucrats).
Time will tell
a) an intended misnomer for lulz given the number of anarchists using Bitcoin or
b) an intended misnomer to prank the so called ''gov authorities'' (I almost sense the following Monty Python like situation: DATA guys meet statist bureaucrats in a room; both parties have ''authority'' word on their business cards; which party has more authority? I have more authority! No, I have more authority! - my ''authority' word has a bigger font, etc.) or
c) a sign the guys using DATA name to do business have no touch of the reality (they will be laughed at both by Bitcoiners and bureaucrats).
Time will tell
Digital Asset Transfer Authority
This word usage can be:
a) an intended misnomer for lulz given the number of anarchists using Bitcoin or
b) an intended misnomer to prank the so called ''gov authorities'' (I almost sense the following Monty Python like situation: DATA guys meet statist bureaucrats in a room; both parties have ''authority'' word on their business cards; which party has more authority? I have more authority! No, I have more authority! - my ''authority' word has a bigger font, etc.) or
c) a sign the guys using DATA name to do business have no touch of the reality (they will be laughed at both by Bitcoiners and bureaucrats).
Time will tell
" --- Transfer Authority" ... sounds like some kind of metro service.
I do not recognise whatever authority they might think they have over me .. or anyone else for that matter. People granting themselves 'authority' seems to be a particular egotistical penchant of our time.
I'm not disagreeing with you, but keep in mind that all they've done so far is setup a committee. They have yet to select who should have any theoretical 'authority' and why, and how far this 'authority' will extend.I do not recognise whatever authority they might think they have over me .. or anyone else for that matter. People granting themselves 'authority' seems to be a particular egotistical penchant of our time.
They intend for the majority of the members to be independent of the industry (I'm not 100% how to interpret that, and I have no idea if it's a good thing. The "technical experts" will surely be from the closely related fields of finance and web/tech).
I don't feel bad about any of this. I'd rather see the DATA set influencing orgs like FinCEN then just avoiding regulatory compliance issues and "hoping everything comes up roses" for Bitcoin et al.
Most of us aren't here to fight a war against the establishment. We want to be strategic, and make sure the vile aspects of our culture erode away slowly but surely.
" --- Transfer Authority" ... sounds like some kind of metro service.
I do not recognise whatever authority they might think they have over me .. or anyone else for that matter. People granting themselves 'authority' seems to be a particular egotistical penchant of our time.
I do not recognise whatever authority they might think they have over me .. or anyone else for that matter. People granting themselves 'authority' seems to be a particular egotistical penchant of our time.
https://en.wikipedia.org/wiki/Self-regulatory_organization
This is normal development of any industry...
This is normal development of any industry...
I just need a word to make it looks important. Foundation and Authority are already taken. 
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