Have you guys looked into Ecash (created in 1980’s)? Seems like it could be a nice fit for Autonomi if the network can solve the centralized part of the design.
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Pardon my ignorance here, but it does not seem that BTC can facilitate P2P cash now that the small blockers have won the the war. Can we not just create a native token backed by BTC/data/digitized gold and put this to bed?
Small blockers won because blockchains can’t scale. If big blocks worked we would have seen that method working in at least one of the thousands of other blockchain projects. But all we see is faster blockchains with more centralization, defeating the point of a blockchain and bitcoin.
But i agree, if ANT token works as intended it could be a layer 2 solution for BTC to compete with lightening network. But i’m not sure we can back ANT with BTC. That would mean buying btc with what money?
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Yeah, I could sense that at the time. I appreciate what Roger and others were trying to do, but even as a more non-technical person I knew it was an ideological battle and scaling was the primary issue. Also very contradictory. Hodl v. Cash. Gold has also always had something complementary, like silver. Theoretically, that should have been the end of it. BTC as gold and BCH as cash, but blockchains can’t pull it off. In an ideal world, I could see BTC as digital gold and ANT as digital cash. BTC is clearly the digital gold but it can’t also be the digital cash as it can’t scale, so what’s the cash?
BTC is working as cash on the lightening network. Gold is money. Cash was just an i owe you that was built on a promise. If you use lightening properly there is nobody you need to trust.
Gotcha. So you think Autonomi could compete with lightning as alternate payment rail for BTC. How high are we going from here? What do you think Autonomi can achieve technologically within the next five years?
I appreciate and respect what you are saying here, but I know of no single person who is using bitcoin as cash anywhere. It’s digital gold, not cash. If gold is money and bitcoin is digital gold, what is cash? The plebs cannot own gold or bitcoin. What are they spending?
I use it every week. I know many others that do too. But because btc is in an adoption curve and isn’t at the global adoption level and widely being used as a currency, we have to wait a little longer for that. Probably another 10x in price will get us there with lower volatilty and a market cap similar to gold.
Download the BTCmap app and see how many places accept btc. Thr city i’m in at thr moment has about 100 places.
And here is cool Island with about 150 places:
No other crypto barring stable coins has this level of adoption or movement.
Everyone can own btc and if they want find ways to earn it.
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Maybe, we will see how the native ANT token turns out, but if it scales, is fast, self custodial and private, we may have the best contender for a layer 2 to scale BTC.
The value of ANT will be based on supply and demand. The more value created on the network the greater the demand.
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No, you don’t. Cashing out on bitcoin gains is not the same as using it as cash. I really do hope we get there, but 10 trillion is spit in the ocean. Institutional parasites and governments have outpaced retail. As per usual. I’m lucky if I can use Bitcoin to buy a Rolls Royce Phantom and there is zero chance in hell I can use it to buy a bucket of Kentucky Fried Chicken.
We are getting a bit too off topic here but what do you mean by this?
Ideally, yes. Change the name to Fartcoin and let that experiment play out.
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There are very few places were you can spend bitcoin. Cashing out gains does not mean using bitcoin as cash.
Who says they are cashing out gains? I’m talking about sending btc on lightening or layer 1.
Not asking you to expose any of your private details, but I presume you are not paying your landlord–if you have one–on lightning. Even at a loss, it’s not happening.
Not an attack, but why introduce a counterparty risk? Because the native money is
SAFErrs don’t have to convince agi/asi what money is on the Network it will recognize it (like a newborn 
taking it’s first breathe).
The only kids who got a problem
- The smart 4$$
who convinced people that they got a sextillion 
in national debt - The
that still religiously follow the “In dog we trust” doctrine…
If anything our money will only get more intelligent when it flips to asi
You’re probably right, I was just spitballing out of frustration and with limited technical knowledge. That said, I can see people want a native token. After re-reading my comments and reflecting on past debates, the combination of BTC/BCH is probably the ultimate solution as it pertains to money in its current form. It’s a shame that the bitcoin community split over it, because it seems like a missed opportunity. Anyway, I’m not the best person to provide an answer on this topic, but everything in this space is somehow backed by computational resources and BTC seems to have cracked that nut early on. I obviously can’t even attempt to predict what ASI will bring. Will be exciting to observe either way and I look forward to our best solving the problem with native, as it is clear to me they have the will and the way.
For me it’s not really about being right or wrong, but if we’ve paid attention to what has happened in the space so far. buy/sell/predict
What puzzles me is why 1 attos does not buy you dns/get/txs/put? I’ll ignore compute but that’s also part.
How are you going to create a universe, but the atoms in your universe do nothing (no function/purpose)? Unless they are triggered by fiat that lives outside your universe. (When you don’t create your own reality others create it for you $0.07 = 1 ANT 
or you necessitate a competing universe)
I see it more as Empty Space is NOT Empty
Others will see it as
Although clueless, I would know what to do with a googol token, but more relevant ai would know
what to do with it even more effectively. When you got a trillion cells in your body and a trillion galaxies out there the last thing you should worry about is how your ai money might work.
The big picture is a closed-loop economy where every attos always buys something on the Network. Even if reality is that it would cost 5 or 8 attos, every atom would have a purpose.
Big storage providers would drop out, home nodes would take their place
Clearnet and everything on it, would have a way to measure…
I’m obviously clueless, but hope ai doctors/lawyers/accounts/assistant 
etc
Asi? a trillion 
to help humanity 
The deeper philosophical issue is that value is subjective. By forcing the value of a thing, we also necessarily restrict/reduce the interest in that thing. This is why we have markets - so that people can collectively determine the most popular value.
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Just a link to the answer on DBCs. Hopefully there’s a route to this but let’s see what the ways forward might be:
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