/biz/ - Business & Finance

bot thread
OP can't solve the haiku test
Piece Twenty Banana

>>15027770

>>15027792
Close but no cigar

>>15027770
tim draper and marc benioff need tax write-offs too anon

>>15028095
I thought I knew but now I don't. What's the implication there?

Even for a retarded DXT bagholder like myself I wouldn't believer either of them are buying shitcoins.

It's more the partnership side of things that has me hanging on

>>15028095
Lol

Its all fun and games until datawallet is adopted as the regulatory solution and suddenly the pajeets have to use it (but didn't buy in)

>>15028150
Near zero chance for it to be adopted in that way, but even just to be held up as a model for processing and handling data is good enough.

>>15028150
why would any government trust a crypto company to be their regulatory solution, let alone a solution that hasn't been proven or a technology that hasn't been widely adopted. it's a cool project, but the chance that even low-tier government adopt this is miniscule

>>15028121
tim draper has invested in:
>factom - cool project with awesome partnerships, but has stalled for the past couple of years
>bancor - cool idea but virtually unused
>authenteq - vidt clone, also with no adoption

just because rich guys invested in it, doesn't make it valuable. don't forget that they only need one "winner" to make up for a few "losers" and they're effectively just betting on teams

>>15027788
Checked them I have
I need to take a bath

>>15028301
Marc Benioff to my knowledge has only made one single investment in blockchain outside of Salesforce and that was into Datawallet.

Implies that he is probably planning to use them for something down the line. If he were motivated by profit in crypto he would have bought into more projects by now.

>>15027770
know what

>>15028359
why would a company want to give users the rights to their data? for lots of companies that's their prime product, why would they sacrifice that? because of the possibility of regulations being adopted that mandate it?

i'm not denying datawallet is a cool project with honest intentions, but it's just too early to be valuable imo. first there needs to be regulation for crypto/blockchain, then there needs to be regulation for data privacy/sharing, THEN datawallet is a serious contender. until all of that happens (which will be slow af bc governments are slow af), i can't imagine data compliance on the blockchain being a viable business

>>15028448
For Facebook and Google you're right. They won't use any data silo'ing application until they're forced to by regulators.

Until then there are possibilities for similar tech to continue maturing given its usefulness on smaller applications. Tim Berners-Lee is doing a similar thing (Google if you don't know him).

For his solution, Datawallets, and everything else, a small developer would find a use case in having their users onboard with a data silo, as when appropriately permissioned they will gain far more insights than would otherwise be possible had that customer joined via a regular sign-up of name and e-mail.

Basically, you can potentially get granular insights into a customer (if they use similar apps, how they use them, detailed profiles) in a consented way that lets you make improvements on your application.

I'm gay