Kim Dotcom is about to revolutionize the world again

in crypto-news •  9 years ago 

“a nightmare for those who want to mass surveil & censor.”


Make crypto currency for uploading video and torrents while staying hidden.

I was strolling along twitter when I saw an article boasting of how famous Kim Dotcom, legal name, has developed a new platform people can share files in the same manner Mega upload was conducted. The Sweet Twist with this new method is you can mine crypto currency for uploading. This new way will change how files are shared and pay people for doing it.

Check the full article here
http://thenextweb.com/insider/2016/08/05/kim-dotcom-has-big-plans-for-cloud-storage-and-bitcoin-in-2017/

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I upvoted You

thanks.

Well unless there is a block size increase good luck using bitcoin for something like this. Wonder what coin they will end up using or if they will make their own in the end.

Lessons from History:
good intentions
derailed by dependency issues
consequently hijacked by greed disguised as helpfulness.

It is born out of good intentions to end tyranny.
Discovering how BTC is so shackled to dev/miner issues
They decide to invent a new coin
which then gets hacked destroying the value of the enterprise.
Typically, the coin would lack any upper limit (as in BTC's 21million cap)
so value would oscillate wildly until someone finds a way to upload galaxies of pixiedust content
parallel to pump-and-dump value scams.

It's so complicated for me. But I.wonderwd about that

From I understand he will be using a unique currency. That can buy bitcoins etc..

really? I thought this is the only way it could happen like STEEMIT but I thought he will directly use bitcoin.