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RE: EP66: How Artists and Musicians Benefit from Cryptocurrencies w/ Tatiana Moroz

in #dtube7 years ago

Interesting idea, but I'm not sure that a currency linked to a single artist is the way to go. It is more reminiscent of frequent flyer or loyalty points rather than a true crypto.

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well, it leverages cryptocurrencies which eliminates the middle man. yeah, it's exactly like loyalty points.

It sounds a bit "iced tea" to me. If it is linked to a single artist, then it doesn't have much value outside her own merchandising ecosystem. Also, good crypto should derive value from it's ecosystem that it supports, it is like an accidental by-product of the verification of a decentralisation of some sort.

Also, her crypto (unless it is totally centralised) is likely not to have enough computing power to resist attack.

Maybe, I've misunderstood what she means?