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Topic: Has A Start-up Patented The Future of Global Finance! (Read 520 times)

donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
How do you charge for an open source solution?
You don't need to. Go ahead and Let JP Morgan copy it. If you have something great, let everyone copy it and improve on it. Chances are, they will anyway, even if you do patent it. Here's the thing: If you own any bitcoins, you are a stockholder.
sr. member
Activity: 406
Merit: 252
How do you charge for an open source solution? The UltraCoin solution is hybrid (open and closed source), but if it was all open sourced, then JP Morgan can come behind and co-opt the entire solution. There are limits to open sourcing when it comes to competitive business. Even Red Hat, the open source enterprise champion relies on closed source business models, ex. restrictions through subscriptions and refusal to publish its service best practices, methodologies and solutions. This is a good thing for Red Hat investors, and ultimately a good thing for Red Hat clients, for Red Hat needs a defensible revenue stream in order to consistently provide reliable and dependable quality service.

Remember, Red Has is a closed source service company that uses open source software as a marketing and sales conduit. The same with Android, a closed source set of highly functionable apps bundled into an open source OS. If Google were to open source everything it will lose the ability to directly charge for its product. Does this model work?
Well, who has the best, most intuitive and tightly integrated apps in the mobile market? Who sells the most?

Respectfully,
Perhaps an open source solution would be better than patenting??
Free2play combined with charging for a premium service?
L

I can't deny I see your point.

I'm sure there will rebuttals from the FOSS hardliners, but from a business perspective, good on ya for making this happen. I wish you luck.
full member
Activity: 136
Merit: 100
UltraCoin "Smart" Derivatives: The Future of Money
How do you charge for an open source solution? The UltraCoin solution is hybrid (open and closed source), but if it was all open sourced, then JP Morgan can come behind and co-opt the entire solution. There are limits to open sourcing when it comes to competitive business. Even Red Hat, the open source enterprise champion relies on closed source business models, ex. restrictions through subscriptions and refusal to publish its service best practices, methodologies and solutions. This is a good thing for Red Hat investors, and ultimately a good thing for Red Hat clients, for Red Hat needs a defensible revenue stream in order to consistently provide reliable and dependable quality service.

Remember, Red Has is a closed source service company that uses open source software as a marketing and sales conduit. The same with Android, a closed source set of highly functionable apps bundled into an open source OS. If Google were to open source everything it will lose the ability to directly charge for its product. Does this model work?
Well, who has the best, most intuitive and tightly integrated apps in the mobile market? Who sells the most?

Respectfully,
Perhaps an open source solution would be better than patenting??
Free2play combined with charging for a premium service?
L
sr. member
Activity: 406
Merit: 252
Open source, please.
full member
Activity: 180
Merit: 100
Respectfully,
Perhaps an open source solution would be better than patenting??
Free2play combined with charging for a premium service?
L
full member
Activity: 136
Merit: 100
UltraCoin "Smart" Derivatives: The Future of Money
An interesting video compilation of recent media appearances surrounding the Reggie Middleton UltraCoin smart contract strategy.

https://www.youtube.com/watch?v=tJjbJ4TS2rs
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