3,411 karma · joined June 6, 2019
Interests: Big Data, Data Mining, Data Analytics, Search
Late grammar correction :/
Edit: Microtransactions as in micropayments.
Last year I was skimming through IKEA furniture and majority of reviews are 4 or 5 stars. And that makes me think that people who don't like IKEA products are either so pissed that they do not want leave 1 star review or IKEA removes bad reviews.
And crypto community speculated that Satoshi or team behind Bitcoin worked at the internet gambling industry and what use to happen is that angry customers would chargeback the money they lost at the internet casino and cause numerous problems for "merchants" or in this case internet entrepreneurs.
I never used ecommerce back in the day on the internet but I can imagine that ecommerce fraud was widespread. And that's why excluding other reasons Satoshi invented Bitcoin[0].
I wonder if cryptocurrencies didn't exist would someone nowadays burn the midnight oil to figure out P2P crypto coin since modern payment solutions are fairly good.
Tbh I think Satoshi invented technology around which he wanted to build products unlike Steve Jobs who said that you first need to figure out the product then build technology.
[0] "Completely non-reversible transactions are not really possible, since financial institutions cannot avoid mediating disputes. The cost of mediation increases transaction costs, limiting the minimum practical transaction size and cutting off the possibility for small casual transactions, and there is a broader cost in the loss of ability to make non-reversible payments for nonreversible services. With the possibility of reversal, the need for trust spreads. Merchants must be wary of their customers, hassling them for more information than they would otherwise need. A certain percentage of fraud is accepted as unavoidable. These costs and payment uncertainties can be avoided in person by using physical currency, but no mechanism exists to make payments over a communications channel without a trusted party" https://bitcoin.org/bitcoin.pdf
Easier said than done. It is hard to earn trust....you would probably need to jumpstart the platform with quite a few indie devs so people start trusting the site and using it.
And how many customers you lost in 2010 because of that? Probably more than 90%. Even now people are reluctant to use crypto but tbh crypto crowd is so big that you can perhaps succeed in opening crypto only business.
I wouldn't mind chatbot trained on Kant's or Hegel's work and asking Hegel for example what he thinks of some modern day issue. I know character.ai has historical characters as chatbots but they seem like toys(I agree with you on that) and they do not cite historical sources.
Isn't social media already doing that and niche internet communities? People call it echo chambers.
They are under investigation posteriori, they should've been stopped apriori acquiring top players for large sums of money.
Defense had to prove that only one Horizon/Fujitsu accounting software was buggy and the whole prosecution falls apart e.g. If John's Horizon/Fujitsu accounting software has bugs then Peter's Horizon/Fujitsu accounting software most probably has bugs too.