/biz/ - Business & Finance

[Anonymous No.13461281]

What is BATs value proposition? Why cant it work better with a real currency underlining it? This is the most fundamental question any decentralized project can ask. Why do YOU need a token?

Instead of BTC? if i had the choice to get paid in BTC or BAT in the moment, you know what I'll choose.

My question is, once BAT and Brave get more established. Why wont a forked project be more successful? I dont want bat. I want Bitcoin. And if a advertiser or promoter is willing to pay for my attention they have it 100% more with BTC over BAT
I literally dont care about the browser features you are promoting, other more niche browsers have that
but why the need for a crypto

Im not discussing the browser or its features. Those are all entirely implementable with Bitcoin or anything harder than BAT, like DAI.

I get its a payment token I just see little value in those. Im never trading you guys for your starbucks points. I think there are better business models. Why would I want to buy BAT as a 3rd party? If bat is paid by advertisers? There needs to be some value symmetry.

If you cant tell me why your service runs better with arcade tokens than money im lost.

[Anonymous No.13461300]

>>13461281

blame core, brave was originally supposed to be done w/ bitcoin, just like ethereum and zcash and basically everything else that core said was spam.

[Anonymous No.13461302]

>>13461281

fwiw, gab just forked brave and are using btc in some way, so your wish might be granted after all

[Anonymous No.13461311]

>>13461300
so basically Brendan Eich and friends made an ICO and got rich off it. instead of implementing btc. cool.

[Anonymous No.13461336]

where are the bat shills?

[Anonymous No.13461419]

>>13461336
anyone?

[Anonymous No.13461446]

Morning, BTC (deprecated proof-of-concept shitcoin that takes hours to transfer even with less than one out of 300 people in the developed world owning any) maximalist fuds from Gab; have you slept well? Have you thought about how leaving your unit of exchange 100% in the hands of another group of developers is less than ideal yet?

[Anonymous No.13461472]

>y u no use DAI

lmoa

https://www.coindesk.com/makerdao-set-to-increase-dai-fees-above-15-in-bid-to-stabilize-stablecoin

[Anonymous No.13461600]

>>13461281
>>13461311
>>13461336
>>13461419
I don't think Brave or BAT is for you. Best to just move on. Good luck using gab.ai.

[Anonymous No.13461668]

>>13461600
>>13461446
Cope. No real arguments or answers.

[Anonymous No.13461741]

>>13461668
Your question was predicated on the notion that you, and by extension everyone else-including the hundreds of millions of people who are either unaware of bitcoin or are aware of it and consciously choose to reject it-would prefer old man bitcoin for whatever reason.

>I don't want BAT, I want bitcoin

Good for you, there's plenty of space in this market for something new.

[Anonymous No.13461757]

This thread is shit. This point is old and tired. BTC was used originally and Eich has given several reasons why the team switched to BAT. And he didn't have to do that, no one has to explain anything to BTC maximalist. what a weird authority complex they've developed.

[Anonymous No.13461800]

>>13461668
Your first assumption that BAT and Brave were somehow supposed to be 'decentralized' just goes to show that you have no idea how the ecosystem works. Why would I take time out of my day to explain the basics when you can research it for yourself? I don't speak for other BATbros here but I don't really care about qualifying this project to the crypto community in general. Its too tribal and fractured and the fud being thrown around is absolutely hilarious. Normans and real companies are going to make this token fly, not garbage ass crypto day traders or bitcorn maximalists. I don't care about what your opinion of the project is because once Brendan starts making the rounds on boomer talk shows about Brave and how its rescuing users from google all the other shitcoins (even bitcoin) won't matter. One thing is for sure though, this whole Brave/BAT fud has really proven how retarded most of the people in crypto are. But we already should have known that when at least 10 different china hustle tokens reached billions in mcap. Oh well.

> you gettin mad I'm gettin rich

[Anonymous No.13461965]

my earning from 3 days lurking on kohlchan.

[Anonymous No.13462090]

when to the last quarter billion BAT get released?

[Anonymous No.13462310]

>>13461800
Do you honestly think google won't skullfuck brave for trying to bite into their market?

[Anonymous No.13462338]

>>13461965
basiert

[Anonymous No.13462441]

>>13462310
Brave is built on Chromium for a reason. Google sabotaged Firefox/Gecko Engine by throttling it's usability on G's sites so users would switch to Chrome. They can't covertly do the same thing to Brave because it'd be attacking Chromium, any attacks they make would have to be malicious and obvious; Streisand effect would be the result.

[Anonymous No.13462517]

>>13462310
This anon >>13462441 is right. But even then this is more maximalist cope than anything because if we use bitcorners analogies, Brave is bitcoin and Google is the big banks in this scenario. So you fucks should be all for it.

What we're actually seeing now is the panic setting in at the realization that BAT will be the first widely adopted crypto by in two years time. And since we're coming off the tail end of a bear market that wiped out most bag holders fiat networth, people are getting scared that their shitcoins and shittokens will never recover. And they'll never get a chance too either because BAT will suck up most of the new capital coming into the market. BAT and Brave pose a huge risk to both the status quo of the Browser/ad markets and crypto in general. But eventually you'll fomo in. Because even if it take's you a year to buy a bag you'll still be an early adopter if you do it soon enough.

Brave is an actual Silicon Valley company that was seeded by the guy who started PayPal. They answer to real investors and can't hide behind a website and a whitepaper. If you can't grasp why that's important then you really aren't gonna make it.

[Anonymous No.13462582]

>>13461281
yeah because big mega corps that drive price discovery definately want to be associated with the nazi broswer

[Anonymous No.13462623]

[Anonymous No.13462635]

>>13462623
>yo dawg id

Nice

[Anonymous No.13462689]

>>13462517
>Brave is an actual Silicon Valley company that was seeded by the guy who started PayPal
exactly why im iron handing this shit

[Anonymous No.13462761]

>Why cant it work better with a real currency underlining it?
The fuck is you even saying nigga, all them tokens is real currency if its got liquidity.

[Anonymous No.13462781]

The real ROI would have been in the browser itself and just BAT tokens.

That being said, I’m still disappointed in myself for not buying in at 0.11 when the opportunity presented itself.

[Anonymous No.13462866]

>>13462689
not only that but programmed by the guy who invented javascript. Forget ironhands this shit is diamond hands

[Anonymous No.13462877]

>>13462781
it may go back to 27 cents, dont be a bitch and buy.
think of it this way, what is the currently value of ad space on the net
billions, imagine BAT taking a mere 10% of that.
how much is bad worth probably around $5 to $10 bux

[Anonymous No.13462958]

>>13461281
There’s a 0% chance you would ever use your Bitcoin or Ether to donate to content creators or support the whole Brave infrastructure.

Using bitcoin or ether would be an absolute fucking joke, it’d be a bunch of weird pajeets trying to scam the system as much as possible in order to get their free bitcoin and never ever put anything back into the Brave ecosystem. It’d be an utter failure because all you fucking weirdo’s would be trying to scam it as much as humanly possible and you fucking KNOW this.

The whole “WHY NOT USE [my shitcoin] FOR BRAVE?” argument is so fucking transparently insincere. You don’t want to use Bitcoin to donate to content creators you fucking liars. You wouldn’t donate your bitcoin in a million years because you think it’s going to $10,000 and you’re a selfish prick.

With BAT they at least give you some for free and you can earn it, so you have less incentive to hoard it like a fucking goblin. /biz/ acting like they would ever use bitcoin in the Brave ecosystem, too fucking lol. Get fucked you liars.

[Anonymous No.13463052]

>>13462958
imagine Brave giving out BTC or ETH to users like it does through the BAT UGP — I’d guess maybe 10% or less of that would make its way back to content creators and publishers. Probably even less. Content creators and publishers would never get on board because they wouldn’t be seeing any profit from users. It’d turn into a weird scammy environment where everyone is trying to scam each other to get free cryptocurrency.

Bitcoin/ETH holders need to get real. If you want to be honest, using BTC/ETH instead of BAT would only ever turn into /biz/lets and pajeets trying to scam the system and donate it to themselves. It’d never work. Bitcoin and ETH are fine for holding, but they’re not currencies in the sense that people want to spend them. People want to hold them for some moon bullshit. People literally use and donate BAT. Some websites have raked in $2,000+ worth of BAT from donations alone. That’s real support for the ecosystem because people aren’t afraid to use, spend and donate BAT.

[Anonymous No.13463318]

>>13462958
>>13463052

Hit the nail on the head.

[Anonymous No.13463334]

>>13461800
If there was one post to summarize all BAT posts on /biz and reddit, this one would be it.

You either get it or you dont.

[Anonymous No.13463431]

>>13461800
>thinks bat will make him rich
hahahahahahhhahahahah

[Anonymous No.13463472]

>>13461281
eat a dick faggot. BAT is too good for /biz/

[Anonymous No.13463497]

>>13461800

> Show me one legitimate company that has purchased BAT tokens to advertise?

> Show me one advertiser that is willing to purchase ads in a browser with less than 1% marketshare where ads are optional?

> Show me one advertiser who has displayed ads in Brave which were not "granted" the BAT token?

BAT as shown will gain momentum again stupid crypto moonboys who think the system works because they are collected free BAT tokens from companies who were granted free BAT tokens. Long term there will be no adoption.

[Anonymous No.13463507]

>>13461281
It's value proposition is that it steadily moons forever until you are very rich.

[Anonymous No.13463588]

Long time bat holder here. I'm only holding cause I think it'll go up but BAT is a scam, they created money like every other ICO out of thin air. People want money, and BTC is categorically closer to that than BAT. Also, Peter Thiel invested in shares of Brave, he doesn't bag hold BAT. That said, brave is great and the ad idea is amazing, so I'll hold cause this will be the first mass adoption use case

[Anonymous No.13463606]

>>13463497
>prove to me
Nigger who are you? why prove a god damn thing to a stupid faggot like yourself? You think BAT needs you or people like you to succeed? lmao. You think to highly of yourself pajeet. The only people that matter in this world are normans and this is something normans are already getting into in mass (#2 in trending on the play store).

Have fun being the saltiest, faggot bitch pajeet while you miss this very obvious moon mission.

[Anonymous No.13463665]

>>13463497
Well that's not the assumption that Eich and Thiel are operating under. But hey I'm sure you have a much better grasp on market fundamentals than they do. And you should really feel stupid for even trying to argue these points:

> Show me one legitimate company that has purchased BAT tokens to advertise?
Ever hear of a soft rollout? Did it ever occur to you that Brave is waiting a month or two to monitor the currents ads delivery system and tweak it before the roll out the big adverts?

> Show me one advertiser that is willing to purchase ads in a browser with less than 1% marketshare where ads are optional?
Show me one person who would buy a ford model T when everyone else uses horses... but here you go: "Vice, Home Chef, Ternio BlockCard, MyCrypto, and eToro are now supplying ads, in addition to BuySellAds, TAP Network, AirSwap, Fluidity, and Uphold, which were part of the early access program for developer and beta users that started on January 15, 2019."

https://brave.com/brave-ads-launch/

> Show me one advertiser who has displayed ads in Brave which were not "granted" the BAT token?
What are you even trying to say here?

The point is that if you're too dense to understand the forces at work here and why this is going to be the first mainstream cryptocurrency than I really don't know what to tell you except you have a shit business sense. I don't know what shitcoin you hold but I guarantee that it doesn't have the staying power that BAT does. Which is really the main issue here in that most of the current people invested in crypto got in during the golden bull run and are still holding bags of shit. But that was ok because in reality not one single crypto asset holds anything other than speculative value. Now BAT and Brave show up with a working product and it makes people nervous because their projects platforms/mainnet/whatever are still at least a year away from being released. >tick tock

[Anonymous No.13463704]

>>13463588
If BAT fails then Brave does too dum dum. So that means Thiel will love his seed money, and do you really think the founder of PayPal is going to let that happen? I don't. And I'm really sick of the whole "muh creating value out of thin air". You mean just like bitcoin did? Either way every project is still in some form of price discovery because they're all speculative assets except BAT. Its tied to an underlying commodity which is human attention. Once the implications of that are realized then shits really gonna get crazy. Just admit that you hold a shitload of bitcoin and BAT is a huge threat to it. Goddamn...

[Anonymous No.13463722]

>>13461800

I like the sentiment of this post and I think this is the attitude most BAT holders have. In the end it's all about production, adoption and results - it's not about how many arguments you win with Bitcoin maximalists or LINK cultists.

[Anonymous No.13463881]

>>13463722
Ya but I ended up doing it anyways because some of this shit is so laughably wrong that I just can't help myself. But ironically most in the crypto community are going to be the last to adopt BAT and Brave because of their bias. That's why they say don't trade on emotions but we all do, they've gotten attached to their shitcoins and are prime examples of the sunken cost fallacy. If someone is dumb enough to get hustled by a white-paper then they surely aren't going to recognize a legitimate project when it comes along.

[Anonymous No.13463917]

>>13461281
bought 10k bat at around 12 to 15 cents everyone fudding can go get fucked.
im not betting against the creators of javacscript and paypal.
youre fucking psycho if you think thats a winning bet

[Anonymous No.13463973]

>>13461281
>If you cant tell me why your service runs better with arcade tokens than money im lost.

What makes you think BTC is "money" while BAT isn't? Both are just internet meme tokens with fixed supply. You can transfer them and exchange them for shit. BATs usecase is more narrow and more focused on some particular market, but so what? Both are just an entry in a virtual ledger and that's that.

>Im never trading you guys for your starbucks points
Think of BAT like a foreign currency. You want to buy cheese and chocolate when you visit Switzerland from the US? Well, better exchange your US dollars for Swiss Francs. You want to pay for goods and services in and around the Brave/BAT ecosystem? Well you gotta use BATs here because this is BAT country.

Well meant advice: the sooner you can get out of the grip of bitcoin maximalism, the better. It's a kind of mind disease.

[Anonymous No.13463986]

>>13461281
why do people not understand browser are basically the future for everything from applications to gaming.

what do you happens when you coming canvas gaming with BAT, you get either get bat ads or microtransactions.
you think they wont allow developers to create games where people can buy x digital widget with BAT to enhance their gaming experience all via browser

or worse allow you buy and sell a unique game object with another player on multiplayer.

[Anonymous No.13464237]

>>13463917
Don't forget early Netscape programmer and co-founder of Mozilla.