What to (still) expect from PDC in the future?

I don’t know why I feel that it is not up to me to do but it does.

Seneca has posted addresses on the forum. They will still be here. A brief search should return the information you seek.
Bare in mind that you will need to follow the chain to find the final resting place.

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It is very interesting how people bought something and then they are interested in where the money with which they bought it went…

For example, it is like if you buy a sandwich at a McDonald’s you want their bank account …

After you exchange your money for something, your property is on the new thing, the money you bought it with is no longer yours…

But I am sure that if for some reason the PDC does not make it, @Seneca will refund us :dragon:

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Well…the problem is people bought something and what they “ordered” never arrived, and they haven’t heard any updates about it. That’s a problem no matter how you slice it. Had I participated in that ICO, I’d be angry too.

The advent of ICOs gave me a newfound appreciation for regulated markets. It’s a problem when ownership is divorced from control (I.e. decision-making rights). We call that bad governance.

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I got the product - the tokens. Whether they will cost something or not in fiat value is another question…

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No. The product is a usable Project Decorum. The tokens are no more a “product” than stock in Tesla is an electric car.

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Well, we can argue about that a lot. If you have shares in Tesla and go to their factory and want to use a Tesla car, they will not give it to you. Tesla only accepts cash. You can only sell the shares to another person at a loss or profit. Tokens are the speculative product in this case.

Anyone with majority or just more than few % can control or influence where the company is going.
With tokens even with 100% you have no rights or influence.

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Of course, I’m sure the one who complained wouldn’t have complained if the tokens had gone up against bitcoin… Everything else is just stuffing.

You bought with the clear understanding that you are speculating and now you are complaining that you did not make money. :lol:

Wow. The point is that you don’t buy Tesla stock for Tesla to make nothing. You buy Tesla stock because you expect Tesla to make electric cars. If Tesla fails to make those cars or as many cars as they said they would, your stock gives you the right to exercise control over their decision-making and seek legal recourse.

Yes they would b/c they still would have been lied to, deceived and bamboozled. You cannot take money from people and not deliver what you said you would or provide any updates on what you are doing. That’s called theft.

Your argument is also a non sequitur. For PDC to have appreciated against BTC, Project Decorum would have had to have done something useful in the past several years.

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Anyway I would ask, is it better to wait for Safe network, or can PDC use different platform and later or never move it to Safe network with existing user base and proper product?

Maybe not good question few years ago, but Today ?

Who exactly lied to me? It was said at the public sale that a PDC social network will be created when there is a Safe network. Nothing has changed. There is no lie.

There is a complaint because the man thought he would get rich quick and now he is angry that bitcoin is going up faster…

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We will see what happens with bit coin now that Yellen is saying the USG will use the block chain ledger😱 to tax the tax evaders in bitcoin. How could the classified love child of a US defense contractor and a fed bank ever have turned on bitcoin investors? Their defense is that they will lobby the USG not to catch them. The mechanism is interesting. Yellen and crew have not just one measure but a whole suit of measures to back door Bitcoin pseudoanoymity almost like hacker team into the NSA and must have had them from the beginning if the USG designed and lainched bitcoin. What happened to the open source community being able to see through this in the source code? Now Bitcoiners are penned in by the tripple ledger.
Bitcoin is a USG sting operation is Etherium different? Notice if USG can control decentralized BT this way what it must mean? Crypto dollar is not far off. Then what happens to honey pot BT? What about foreign governments why would they buy in- like China wouldn’t know what was up? Here is the thing about that, China is still Communist and elites in China do things like take their zygotes and implant them in surogate Japanese mothers in Japan so if need be they can flee to Japan. Not a bit surprised if the China partnered with the USG on keeping track of their waywards. Both the USG and China are technocracies and are not about to played against each other by their own citizens.

They have a GitHub and at a time when it felt more certain than before that the data types were settled upon and the api was shaping up, they were making commits and changes, you could even see some of the UI and icons. I don’t know exactly how far it got and given they accepted money they could just toss some little update here or there but at the same time it’s hard not to just sit back and make sure you don’t jump in prematurely. The Safe Network is unique and we accept the fact that we can’t predict any unknown unknowns that may cause a pivot, re-engineering, or small road block.

Given they are building on that network and don’t want to waste people’s (and now their) funds to develop that product then why constantly jump the gun? Instead they can let the value appreciate and once it’s clear that the data types are solid and the API will be feature rich and stable I’m sure they’ll be right on top of it.

I think the fact that the value of what was invested so long ago has appreciated so greatly is what ticks people off. That is not their fault. I’m not saying be mad at Maidsafe either. It’s just a fact that this space was and still somewhat is the Wild West and nobody knew any better.

I may be mistaken but I believe they actually lent their MAID holdings to Maidsafe (that will be paid back by Maidsafe after launch) so that Maidsafe could extend their runway and actually launch the network when things were bleak. PARSEC was a departure from the original vision and so much of their resources depended on it working to launch and it was a huge financial setback and then had to let people go because they couldn’t afford to keep them, etc etc.

If I have that last part correct… maybe, we should be thanking these guys?

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Of course, the PDC team has my full gratitude and support!

They have been very professional all these years. I’m tired of watching other teams launch a product just to justify spending investors’ money.

It takes real balls and honor of holding on for so long - because they can just reales something on another network to kept their promises…

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Like those NVO losers? Was happy to dump their tokens at a profit. SAFEX too. That Daybek guy is a pretty competent fraudster. NVO barely pulled it off.
N99 didn’t pan out either.

These guys have created a wallet and alt coin generator on previous test nets and a very basic forum PoC waaaay back. The funds haven’t moved and they still follow updates and pop in time to time. Better than most that raised money here imo.

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We also have the GamerBits fraudsters:

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Yup. But it shouldn’t.

We have all parted with bitcoins in the past, and at the time we were all comfortable with the value we parted with.

Valuing a past investment/donation on current bitcoin prices is a bit unfair.

Bitcoin could also have plummeted in value… should someone the chase me for more funds as my initial donation isn’t up to the same value? No.

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AFAIK they tried hard and had the safex dude do their code, it went very badly from then. It was a shame in many ways.

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It’s not the case that there haven’t been updates and I see no reason to suspect anything bad is happening with project Decorum.

@Seneca has set out the situation wrt development several times, so please do not saying he hasn’t kept us informed, he’s answered more than once that he is sitting on the cash rather than burning it until he judges development can resume, waiting on the Safe APIs.

From what @Josh says the evidence supports that and people are free to check that if they want.

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And people too. Joking aside I agree that @Seneca has said that they need to wait for the Safe Network to be further advanced than what it is before any more development is useful.

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