@VanArtemus You can’t deactivate an old key in a decentralized system. In your model there still seems to be. #centralized chain of trust.

June 03, 2018 at 03:31PM
@bobbyclee

@VanArtemus So that top org is just issuing a #centralized token, creating an ecosystem that they have full control over. #Lame. That’s nothing new. That tech and business model has been around since the 1980s. It’s not bad per se. Just not new and not innovative.

June 03, 2018 at 06:51PM
@bobbyclee

@cryptowilson That’s precisely my point: I do NOT think #wiki is #immutable; It’s a private #centralized service. Its owner can make undetectable changes! My point: many people are actually using a controlled #Private #Blockchain & tout it as immutable. It’s NOT! Having a ledger isn’t enough.

June 05, 2018 at 03:32AM
@bobbyclee

A real problem with #centralized government-issued money: Now they can make it a crime to own large amounts of coins! Criminalized in the name of hoarding & market manipulation. Crazy! 'Sultan of Coins': Iranian police arrest man for hoarding gold coins. https://t.co/bL9CEZSej2

July 04, 2018 at 09:45PM
@bobbyclee

I define #Blockchain as #permissionless #decentralized #p2p #pow tech that started in 2009; exemplified by #Bitcoin. Everything before 2009 was NOT Blockchain. At best it was #Distributed Computing & Database. Today if you’re #permissioned #centralized, you’re still #PrivateDB! https://t.co/Z4rX2NxrK4

August 18, 2018 at 12:30AM
@bobbyclee

Call me old-fashioned, but if: - your #Blockchain has owner w/ master key - others need your permission to write to it - the data written cannot be independently verified - you’re interpreting the content Then all you have is a large distributed #database! #oldschool #PrivateDB https://t.co/lcYCDpwK74

August 18, 2018 at 12:44AM
@bobbyclee

Call me old-fashioned, but if: - your #Blockchain has owner w/ master key - others need your permission to write to it - the data written cannot be independently verified - you’re interpreting the content Then that’s NOT real Blockchain! All you have is a distributed #database. https://t.co/lcYCDpwK74

August 18, 2018 at 12:51AM
@bobbyclee

RT @bobbyclee: Call me old-fashioned, but if: - your #Blockchain has owner w/ master key - others need your permission to write to it - the data written cannot be independently verified - you’re interpreting the content Then that’s NOT real Blockchain! All you have is a distributed #database. https://t.co/lcYCDpwK74

August 18, 2018 at 12:53AM
@bobbyclee

Example of a #centralized product/service: I purchased this device in 2016, #SensePeanut, that measures temperatures. Just 2 years later, the company is nowhere to be found. The app requires logging in, but the website & service is unresponsive. Now I have a #useless #IOT device. https://t.co/HqIToj8ljz

August 26, 2018 at 04:46PM
@bobbyclee

Is the #SensePeanut company still around? Anyone know? #Sense #Peanut #IOT https://t.co/yn4cRrhLEj

August 26, 2018 at 06:01PM
@bobbyclee

Vinay @leashless, good debating with you today. Your proposed @mattereum solution for #realestate still requires us to trust the #centralized party (who allocates and moves the titles according to smart contract results).

October 29, 2018 at 08:21PM
@bobbyclee

RT @bobbyclee: Vinay @leashless, good debating with you today. Your proposed @mattereum solution for #realestate still requires us to trust the #centralized party (who allocates and moves the titles according to smart contract results).

October 29, 2018 at 08:22PM
@bobbyclee

Read this for my conclusion about my #debate with Vinay Gupta @leashless. He was promoting his @mattereum solution, which is just #BlockchainMarketing hype, & easily done using a #database instead. Remember, a #DB can easily store #SmartContract results; No need for #Blockchain! https://t.co/dPmQuScSEf

October 29, 2018 at 08:27PM
@bobbyclee

RT @bobbyclee: Vinay @leashless, good debating with you today. Your proposed @mattereum solution for #realestate still requires us to trust the #centralized party (who allocates and moves the titles according to smart contract results).

October 29, 2018 at 08:28PM
@bobbyclee

RT @bobbyclee: Read this for my conclusion about my #debate with Vinay Gupta @leashless. He was promoting his @mattereum solution, which is just #BlockchainMarketing hype, & easily done using a #database instead. Remember, a #DB can easily store #SmartContract results; No need for #Blockchain! https://t.co/dPmQuScSEf

October 29, 2018 at 08:30PM
@bobbyclee

People endorsing #STO & regulators issuing exchange licenses; they’re all missing the point about #Cryptocurrency! Tokens & ICO/STO are just evolutionary from traditional paper securities, which are ultimately all #centralized. The real revolution is #Bitcoin, as NEW #SoundMoney.

December 01, 2018 at 01:24PM
@bobbyclee

RT @bobbyclee: People endorsing #STO & regulators issuing exchange licenses; they’re all missing the point about #Cryptocurrency! Tokens & ICO/STO are just evolutionary from traditional paper securities, which are ultimately all #centralized. The real revolution is #Bitcoin, as NEW #SoundMoney.

December 01, 2018 at 01:35PM
@bobbyclee

Here’s the problem with ALL loyalty reward points: they’re #centralized & you’re always at their mercy, where they can expire/adjust your balance at will! Value is backed by them, but this is NOT real #Money! #SoundMoney like #Bitcoin is #decentralized & NOT backed by anyone. https://t.co/IRu8DotvIu

December 02, 2018 at 04:40AM
@bobbyclee

RT @bobbyclee: Here’s the problem with ALL loyalty reward points: they’re #centralized & you’re always at their mercy, where they can expire/adjust your balance at will! Value is backed by them, but this is NOT real #Money! #SoundMoney like #Bitcoin is #decentralized & NOT backed by anyone. https://t.co/IRu8DotvIu

December 02, 2018 at 06:25AM
@bobbyclee

#Centralized $BTC service usage caused a drop in transactions during #Cloudflare outage? @Benjaminpirus reports https://t.co/1G0vEOBsI2

July 18, 2020 at 08:01PM
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