Stories
Slash Boxes
Comments

SoylentNews is people

SoylentNews is powered by your submissions, so send in your scoop. Only 18 submissions in the queue.
posted by LaminatorX on Sunday August 31 2014, @12:57PM   Printer-friendly
from the shocked-to-discover-there's-gambling-in-this-establishment dept.

Wired has a story about OpenBazaar, a software project created with the idea of being to e-commerce what BitTorrent was to file sharing. From the article:

This weekend, the developers behind OpenBazaar plan to release a beta version of the software designed to let anyone privately and directly buy and sell goods online with no intermediary. They describe it as “pseudonymous, uncensored trade.” Rather than hosting its commerce on any server, OpenBazaar installs on users’ PCs, and allows them to list products in a file stored in a so-called “distributed hash table,” a database spread across many users’ machines. Everything will be paid in bitcoin. The result of that peer-to-peer architecture, they hope, will be a marketplace that no one—–no government, no company, not even the OpenBazaar programmers—can regulate or shut down.

But Patterson and OpenBazaar founder Brian Hoffman adamantly insist OpenBazaar isn’t designed for selling narcotics, guns, or other contraband. They see their invention as a freer, more democratic eBay or Craigslist, with no seller fees and no one to arbitrarily change the rules or censor products. “We’re not the ‘Super Silk Road.’ We’re trying to replace eBay in a better form,” says Patterson. “We recognize that people may choose to use that technology in a way we see as distasteful, immoral, and illegal, but we’re giving them the option to engage in a kind of human interaction that doesn’t exist right now.”

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 2, Insightful) by Horse With Stripes on Sunday August 31 2014, @07:08PM

    by Horse With Stripes (577) on Sunday August 31 2014, @07:08PM (#87896)

    I think your comment is very valid, though it seems misdirected at my post. My comments were only about Hoffman and his "if this ends up supplying things that are illegal I'm not responsible even though I told people how to sidestep the issue if it comes up" attitude. I didn't say anything about money, digital or analog. His marketplace is not only ripe for abuse, he acknowledges it but thinks "raw milk" is enough of a red herring to justify his involvement and lack of responsibility.

    I'm not a bitcoin user either, but I see its value to both individuals and the future of trading.

    Starting Score:    1  point
    Moderation   +1  
       Insightful=1, Total=1
    Extra 'Insightful' Modifier   0  

    Total Score:   2  
  • (Score: 2) by tynin on Sunday August 31 2014, @07:16PM

    by tynin (2013) on Sunday August 31 2014, @07:16PM (#87900) Journal

    This marketplace is just another avenue in the realm of darknets. Anyone who programs technology such as this has thought over the implications that it is a double edged sword. Bad things can and do occur on them, but this is the price of privacy. I'm not sure what other attitude you might expect he should take?

    • (Score: 1) by Horse With Stripes on Sunday August 31 2014, @07:33PM

      by Horse With Stripes (577) on Sunday August 31 2014, @07:33PM (#87906)

      I'm not sure what other attitude you might expect he should take?

      Hmmm, let me think if I can find a reasonable position for someone like Mr Hoffman to take ...

      Bad things can and do occur on them, but this is the price of privacy.

      Wow, that sounds a lot better than "if it goes bad it's not my fault ... hey, look over there! They can't buy raw milk!!"

      • (Score: 2) by tynin on Sunday August 31 2014, @07:46PM

        by tynin (2013) on Sunday August 31 2014, @07:46PM (#87912) Journal

        I think I can understand where you are coming from in wanting him to be completely honest in what his product will end up causing. But he is trying to point out the pro's to sell his platform. As the proverb goes, "You catch more flies with honey than you do with vinegar".

        Or to use a car analogy, car manufacturers aren't going to do well selling their next model by featuring that it could be used to for criminal activity or car bombings. Everyone knows they can and will be without taking the time to reiterate unfortunate truths.