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by antidesitter 2877 days ago
Why does it remove all of the platform’s credibility in your eyes?
1 comments

Because it shows that they're more interested in riding the crypto hype wave than in solving real problems.
OpenBazaar is over four years old now. It didn't emerge out of blockchain hype.

Cryptocurrency means it can be completely peer to peer and not reliant on any payment processing platforms, and with multisig is allows for powerful escrow as well.

Hype has certainly peaked recently but that doens't mean they weren't a part of it. Blockchain has been hype for a long time.

I understand the "benefits" of cryptocurrency. They're all outweighed by people wanting their money to have a stable value so they can realistically budget their real life expenses. In the bubble cryptocurrency nuts live in where they don't have to worry about real world problems like carefully budgeting their paychecks, it might work, but software like OpenBazaar crashes right into reality.

Do you think there’s any chance that within 5 years there will be a somewhat widely accessible cryptotoken whose value is decently stable in the short and medium term, so that platforms like OpenBazaar would become at least viable for early adopter types and their friends?
I can't predict something like that on that kind of timescale. Within the next year, no.
I’m just asking because you seem to insist that OpenBazaar is an inevitable failure and a useless waste of time, while I can imagine it being quite successful within a few years.
they're more interested in riding the crypto hype wave than in solving real problems

On what basis do you make that accusation? And how does supporting cryptocurrency preclude them from solving "real problems", whatever that means?

Because cryptocurrency is clearly the wrong solution to this problem. If they actually wanted to make a decentralized marketplace non-technical people can use they would not have used cryptocurrency.
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?

I've spoken about that in other branches of this thread. This tree is getting too deep, just read my other comments.
Can you indicate which comment you're referring to?
Something that the local people are actually using.
Can you be more specific? Are you referring to cash?
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?
During the height of dot.com mania would you have written off all web projects?

People did. I remember reading those kinds of comments.

Do I have to remind you what happened between peak dot com hype and the modern web?

https://en.wikipedia.org/wiki/Early_2000s_recession

Sure. I expect that in cryptocurrency when the current bubble pops.

It's likely that the most interesting things in cryptocurrency will be introduced during the crypto-recession. Right now there is too much noise.

or maybe you are resistant to change and fail to see the value of decentralised money ?
Or maybe it's nowhere near there yet, and they want to help solve the problem they see now.